Profit Sharing · DOL Form 5500 · 2023

Talsma Builders, Inc. Profit Sharing Plan

Data updated 2026-08-25

$515K
Total assets Small plan by assets
4
Participants Small participant base
18th
Percentile by assets National rank
$128,709
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Talsma Builders, Inc. Profit Sharing Plan and Trust · Sponsored by Talsma Builders, Inc. · Illinois · Construction

$515K in assets, 4 participants

Talsma Builders, Inc.'s Talsma Builders, Inc. Profit Sharing Plan and Trust reported $515K in total assets and 4 participants in its 2023 DOL Form 5500 filing, ranking in the 18th 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.

  • #1,490 in Construction (9,030 peers)

What the 2023 filing shows

Talsma Builders, Inc. Profit Sharing Plan and Trust holds $515K for 4 participants - about $128,709 per participant, among the smaller plans by assets on file.

#1,490
in Construction (9,030 peers)
+3.6%
assets growth YoY

Talsma Builders, Inc. Profit Sharing Plan and Trust among the smaller filed plans by assets

Talsma Builders, Inc. Profit Sharing Plan and Trust vs every filed plan by assets

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

$514,837 18th percentile higher than 18% 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

Talsma Builders, Inc. Profit Sharing Plan and Trust among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Talsma Builders, Inc. Profit Sharing Plan and Trust is a micro filing (4 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Talsma Builders, Inc. Profit Sharing Plan and Trust reported net income rose from $10K in the plan year 2022 filing to $18K in the plan year 2023 filing.
  • Talsma Builders, Inc. Profit Sharing Plan and Trust reported participants rose from 3 in the plan year 2022 filing to 4 in the plan year 2023 filing.
  • Talsma Builders, Inc. Profit Sharing Plan and Trust end-of-year assets rose from $497K in the plan year 2022 filing to $515K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 362411250 · Talsma Builders, Inc. PY 2023 · Profit Sharing

Talsma Builders, Inc. Profit Sharing Plan and Trust · $515K · 4 · 18th

  • VS-ST $515K
  • BOY 4
  • SCH 18th
  • EBSA Profit Sharing
  • PART near Gregory Forrest Lester, Inc. Profit Sharing Plan
  • TYPE ind #1490

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 Construction retirement plans → · Plans in Illinois →

Talsma Builders, Inc. Profit Sharing Plan and Trust in the asset neighbourhood

Mark L Bromberg Profit Sharing PlanMark L Bromberg Profit Shari…$515KGolden Years Retirement Plan & TrustGolden Years Retirement Plan…$515KTalsma Builders, Inc. Profit Sharing Plan and TrustTalsma Builders, Inc. Profit…$515KGregory Forrest Lester, Inc. Profit Sharing PlanGregory Forrest Lester, Inc.…$515KWellsphere Group, Inc. Profit Sharing PlanWellsphere Group, Inc. Profi…$514K
End-of-year total assets ($M) among Talsma Builders, Inc. Profit Sharing Plan and Trust and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$497K
Net Assets (End of Year)$515K
Net Income$18K
Employer EIN362411250
Plan Effective Date1977-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Talsma Builders, Inc.)

Sponsor-wide plan assets over time

All Talsma Builders, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$472K 4.999305512219966% vs 2022
2024 filing year
$0.46M$0.48M$0.5M$0.52M 202220232024 $0.5M $0.47M ▼ -6.0%
Year Plans Participants Total Assets
2022 1 3 $497K
2023 1 4 $515K
2024 1 4 $472K

Nearby Profit Sharing Plans in Illinois

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

Talsma Builders, Inc. Profit Sharing Plan and Trust vs. nearby Profit Sharing plans in Illinois, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -101234 Total assets ($B) Participants Talsma Builders, Inc. Profit Sharing Plan and Trust, Total assets ($B): 0.000514837 · Participants: 4Talsma Builders, Inc. Profit Sharing Plan and TrustW. W. Grainger, Inc. Retirement Savings Plan, Total assets ($B): 3.454274218 · Participants: 18524W. W. Grainger, Inc. Retirement Savings PlanElectrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5, Total assets ($B): 3.245353634 · Participants: 23108Electrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5Mcmaster-Carr Supply Company Profit Sharing Trust, Total assets ($B): 2.733520068 · Participants: 4366Mcmaster-Carr Supply Company Profit Sharing TrustMid-America Carpenters Regional Council Supplemental Retirement Plan, Total assets ($B): 1.788799198 · Participants: 16214Mid-America Carpenters Regional Council Supplemental Retirement PlanCarle Foundation Hospital and Affiliates Matching Tsa Plan, Total assets ($B): 1.173752843 · Participants: 15604Carle Foundation Hospital and Affiliates Matching Tsa Plan
Talsma Builders, Inc. Profit Sharing Plan and Trust vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Talsma Builders, Inc. Profit Sharing Plan and Trust's out-of-state Profit Sharing peers by assets and headcount

Outside Illinois, the nearest Profit Sharing by assets is Gregory Forrest Lester, Inc. Profit Sharing Plan in OH ($515K); by covered participants it is Sj Grillo Profit Sharing Plan in NY (4 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4 participants); asset peers above are excluded.

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 Talsma Builders, Inc. Profit Sharing Plan and Trust assets move in 2023?
Talsma Builders, Inc. Profit Sharing Plan and Trust edged up modestly - up 3.6% during 2023, from $497K to $515K. Reported net income was $18K.
How have Talsma Builders, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Talsma Builders, Inc.'s sponsor-wide assets declined 5.0%, from $497K to $472K.
Where does Talsma Builders, Inc. Profit Sharing Plan and Trust rank by assets among Form 5500 filers?
Talsma Builders, Inc. Profit Sharing Plan and Trust ranks in the 18th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Talsma Builders, Inc. Profit Sharing Plan and Trust?
Among Profit Sharing plans in other states, the closest by assets is Gregory Forrest Lester, Inc. Profit Sharing Plan in OH ($515K, 11 participants).
Which Profit Sharing plans cover a similar participant headcount to Talsma Builders, Inc. Profit Sharing Plan and Trust?
Among Profit Sharing plans in other states, the closest by covered participants is Sj Grillo Profit Sharing Plan in NY (4 participants, N/A in assets).