Profit Sharing · DOL Form 5500 · 2023

Farrell & Thurman, PC Profit Sharing Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
2
Participants Small participant base
36th
Percentile by assets National rank
$1.5M
Avg per participant High balance/head
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Official DOL plan name: Farrell & Thurman Profit Sharing Plan · Sponsored by Farrell & Thurman, PC · New Jersey · Professional & Technical Services

$3M in assets, 2 participants

Farrell & Thurman, PC's Farrell & Thurman Profit Sharing Plan reported $3M in total assets and 2 participants in its 2023 DOL Form 5500 filing, ranking in the 36th 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.

  • #6,662 in Professional & Technical Services (20,321 peers)

Farrell & Thurman, PC multi-year trail

Farrell & Thurman, PC's plans moved +14.6% in assets from 2022 to 2023; this filing shows Farrell & Thurman Profit Sharing Plan at $3M / 2 participants.

#6,662
in Professional & Technical Services (20,321 peers)
+14.6%
assets growth YoY

Farrell & Thurman Profit Sharing Plan's mid-pack asset rank among Professional & Technical Services and all filers

Farrell & Thurman Profit Sharing Plan vs every filed plan by assets

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

$3,061,709 36th percentile higher than 36% of 127,068 filed plans

This plan $0 $2,050,000,000 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

Farrell & Thurman Profit Sharing Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Farrell & Thurman Profit Sharing Plan is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Farrell & Thurman Profit Sharing Plan reported net income rose from -$171K in the plan year 2022 filing to $390K in the plan year 2023 filing.
  • Farrell & Thurman Profit Sharing Plan end-of-year assets rose from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 223680634 · Farrell & Thurman, PC PY 2023 · Profit Sharing

Farrell & Thurman Profit Sharing Plan · $3M · 2 · 36th

  • RANK $3M
  • PHOTO 2
  • IND 36th
  • EOY Profit Sharing
  • 5500 near Illinois Valley Economic Development Corporation Retirement Plan
  • ASSETS ind #6662

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in New Jersey →

Farrell & Thurman Profit Sharing Plan in the asset neighbourhood

Farrell & Thurman Profit Sharing PlanFarrell & Thurman Profit Sha…$3MIllinois Valley Economic Development Corporation Retirement PlanIllinois Valley Economic Dev…$3MBlakeman Steel, Inc. Profit Sharing PlanBlakeman Steel, Inc. Profit …$3MRichard K Johnson & Associates, Inc 401(k) PlanRichard K Johnson & Associat…$3MThompson Technology Enterprises, Inc. Profit Sharing PlanThompson Technology Enterpri…$3M
End-of-year total assets ($M) among Farrell & Thurman Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Farrell & Thurman, PC multi-year asset trail

Sponsor-wide plan assets over time

All Farrell & Thurman, PC plans reported in each filing year

Latest sponsor-wide plan assets
$3M 14.605977370841721% vs 2022
2023 filing year
$2.6M$2.8M$3M$3.2M 20222023 $2.67M $3.06M ▲ +14.6%
Year Plans Participants Total Assets
2022 1 2 $3M
2023 1 2 $3M

Farrell & Thurman, PC filing trail (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$390K
Employer EIN223680634
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in New Jersey

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

Farrell & Thurman Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -10123 Total assets ($B) Participants Farrell & Thurman Profit Sharing Plan, Total assets ($B): 0.003061709 · Participants: 2Farrell & Thurman Profit Sharing PlanErnst & Young Partnership Retirement (Hr-10) Plan, Total assets ($B): 2.4875433 · Participants: 1843Ernst & Young Partnership Retirement (Hr-10) PlanOperating Engineers Local 825 Profit Sharing Fund, Total assets ($B): 1.438796802 · Participants: 10336Operating Engineers Local 825 Profit Sharing FundHeavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan, Total assets ($B): 1.401252704 · Participants: 8602Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity PlanIBEW Local Union No 102 Surety Plan, Total assets ($B): 0.637415895 · Participants: 2283IBEW Local Union No 102 Surety PlanKpmg Partner Retirement Savings Plan, Total assets ($B): 0.529416194 · Participants: 1895Kpmg Partner Retirement Savings Plan
Farrell & Thurman Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Farrell & Thurman Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New Jersey, the nearest Profit Sharing by assets is Illinois Valley Economic Development Corporation Retirement Plan in IL ($3M); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Farrell & Thurman Profit Sharing Plan assets move in 2023?
Farrell & Thurman Profit Sharing Plan grew at a solid clip - up 14.6% during 2023, from $3M to $3M. Reported net income was $390K.
How have Farrell & Thurman, PC plan assets changed over time?
Across 2 plan years on file (2022-2023), Farrell & Thurman, PC's sponsor-wide assets grew 14.6%, from $3M to $3M.
Which Profit Sharing plans are similar in size to Farrell & Thurman Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Illinois Valley Economic Development Corporation Retirement Plan in IL ($3M, 274 participants).
Which Profit Sharing plans cover a similar participant headcount to Farrell & Thurman Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants, $5M in assets).