Profit Sharing · DOL Form 5500 · 2023

Elwood Elwood and Buchanan Profit Sharing Plan

Data updated 2026-08-11

$8M
Total assets
4
Participants
53rd
Percentile by assets
$2.0M
Avg per participant
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Official DOL plan name: Elwood Elwood and Buchanan Profit Sharing Plan · Sponsored by Elwood Elwood and Buchanan · Iowa · Professional & Technical Services

$8M in assets, 4 participants

Elwood Elwood and Buchanan's Elwood Elwood and Buchanan Profit Sharing Plan reported $8M in total assets and 4 participants in its 2023 DOL Form 5500 filing, ranking in the 53rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 53rd percentile by assets (of 127,072 plans)
  • #10,503 in Professional & Technical Services (20,321 peers)

Elwood Elwood and Buchanan multi-year trail

Elwood Elwood and Buchanan's plans moved +26.5% in assets from 2022 to 2024; this filing shows Elwood Elwood and Buchanan Profit Sharing Plan at $8M / 4 participants.

$8M
total plan assets (2023 EOY)
4
covered participants
53rd
percentile by assets (of 127,072 plans)
$2.0M
avg assets per participant

Where Elwood Elwood and Buchanan Profit Sharing Plan sits by total assets

Elwood Elwood and Buchanan Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$7,806,930 Top 47% higher than 53% of 127,068 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Elwood Elwood and Buchanan Profit Sharing Plan reported net income rose from -$925K in the plan year 2022 filing to $953K in the plan year 2023 filing.
  • Elwood Elwood and Buchanan Profit Sharing Plan reported participants rose from 2 in the plan year 2022 filing to 4 in the plan year 2023 filing.
  • Elwood Elwood and Buchanan Profit Sharing Plan end-of-year assets rose from $7M in the plan year 2022 filing to $8M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Elwood Elwood and Buchanan across 3 plan years on file

Across the 3 plan years Elwood Elwood and Buchanan has on file (2022-2024), sponsor-wide plan assets have moved from $7M to $9M, a gain of 26.5%, while reported participants moved from 2 to 4 (+100.0%). Peak year by sponsor assets: 2024 ($9M); trough: 2022 ($7M).

Elwood Elwood and Buchanan multi-year asset trail

$6M$7M$8M$9M 202220232024 $6.85M $8.67M ▲ +26.6%
Total plan assets by year, all Elwood Elwood and Buchanan plans on file
Year Plans Participants Total Assets
2022 1 2 $7M
2023 1 4 $8M
2024 1 4 $9M

Elwood Elwood and Buchanan filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$953K
Employer EIN421057547
Plan Effective Date1977-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Iowa

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Elwood Elwood and Buchanan Profit Sharing Plan vs. nearby Profit Sharing plans in Iowa, assets vs. participants Scatter plot of 6 data points. -1000100200300 51015202530 Total assets ($M) Participants Elwood Elwood and Bu…, Total assets ($M): 7.80693 · Participants: 4Elwood Elwood and Bu…Medtec LLC 401(k) Re…, Total assets ($M): 25.74045 · Participants: 144Medtec LLC 401(k) Re…Liberty Pattern Comp…, Total assets ($M): 23.373416 · Participants: 13Liberty Pattern Comp…Newton Clinic, P.C. …, Total assets ($M): 18.056441 · Participants: 42Newton Clinic, P.C. …Palmer Lutheran Heal…, Total assets ($M): 17.888494 · Participants: 214Palmer Lutheran Heal…Ts Banking Group Sav…, Total assets ($M): 17.363911 · Participants: 247Ts Banking Group Sav…
Elwood Elwood and Buchanan Profit Sharing Plan vs. nearby Profit Sharing plans in Iowa, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Elwood Elwood and Buchanan Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Elwood Elwood and Buchanan Profit Sharing Plan assets move in 2023?
Elwood Elwood and Buchanan Profit Sharing Plan grew at a solid clip - up 13.9% during 2023, from $7M to $8M. Reported net income was $953K.
How have Elwood Elwood and Buchanan plan assets changed over time?
Across 3 plan years on file (2022-2024), Elwood Elwood and Buchanan's sponsor-wide assets grew 26.5%, from $7M to $9M.
Which Profit Sharing plans are similar in size to Elwood Elwood and Buchanan Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Brocchini Farms, Inc. Employees' Retirement Plan in CA ($8M, 24 participants).

Next read for Elwood Elwood and Buchanan Profit Sharin…

Multi-year trail

Ways to act on Elwood Elwood and Buchanan Profit Sharing Plan's numbers.