401(k) · DOL Form 5500 · 2023
Somerset Cpas, P.C. 401(k) Plan
Data updated 2026-08-25
- N/A
- Total assets —
- 262
- Participants Below avg headcount
Official DOL plan name: Somerset Cpas, P.C. Profit Sharing and 401(k) Savings Plan · Sponsored by Somerset Cpas, P.C. · Indiana · Professional & Technical Services
N/A in assets, 262 participants
Somerset Cpas, P.C.'s Somerset Cpas, P.C. Profit Sharing and 401(k) Savings Plan reported N/A in total assets and 262 participants in its 2023 DOL Form 5500 filing. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
Coverage in Indiana
Somerset Cpas, P.C. Profit Sharing and 401(k) Savings Plan covers 262 participants in Indiana, about 48% of the average Indiana filer (state average ~541 per filing). Assets: N/A.
- -$53M
- reported net income
The plan reported a net loss of $53M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Somerset Cpas, P.C. Profit Sharing and 401(k) Savings Plan among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Somerset Cpas, P.C. Profit Sharing and 401(k) Savings Plan sits mid-pack in the medium band (262 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Somerset Cpas, P.C. Profit Sharing and 401(k) Savings Plan reported net income fell from -$8M in the plan year 2022 filing to -$53M in the plan year 2023 filing.
- Somerset Cpas, P.C. Profit Sharing and 401(k) Savings Plan reported participants rose from 233 in the plan year 2022 filing to 262 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 201717681 · Somerset Cpas, P.C. PY 2023 · 401(k)
Somerset Cpas, P.C. Profit Sharing and 401(k) Savings Plan · N/A · 262
- SCH N/A
- EBSA 262
- PART PY 2023
- TYPE 401(k)
- NET near Castlerock 401(k) Retirement Plan
- BOOK -$53M
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 Indiana →
Indiana filing particulars
| Total Assets (Beginning of Year) | $53M |
|---|---|
| Net Assets (End of Year) | N/A |
| Net Income | -$53M |
| Employer EIN | 201717681 |
| Plan Effective Date | 1981-09-25 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Somerset Cpas, P.C.)
Sponsor-wide plan assets over time
All Somerset Cpas, P.C. plans reported in each filing year
- Latest sponsor-wide plan assets
- N/A
- 2023 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 233 | $53M |
| 2023 | 1 | 262 | N/A |
Nearby 401(k) Plans in Indiana
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Lilly Employee 401(k) Plan $11.1B · 17,583
- Elevance Health 401(k) Plan $11.0B · 76,590
- Cummins Retirement and Savings Plan $5.7B · 28,381
- Iu Health 401(k) Savings Plan $3.9B · 38,575
- Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan $2.6B · 9,015
Somerset Cpas, P.C. Profit Sharing and 401(k) Savings Plan's closest out-of-state 401(k) peers by headcount
Outside Indiana, the nearest 401(k) by covered participants is Castlerock 401(k) Retirement Plan in TN (262 participants; this filing: 262 participants).
Similar participant headcount
Nearest other-state filings by covered participants (262 participants); asset peers above are excluded.
- Castlerock 401(k) Retirement Plan (TN) 262 · 0 off
- Grayback Forestry, Inc. Retirement Savings Plan (OR) 262 · 0 off
- Keswick Multi-Care Center Defined Contribution Retirement Plan (MD) 262 · 0 off
- Schroeder Manatee Ranch, Inc. 401(k) Plan (FL) 262 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.