Profit Sharing · DOL Form 5500 · 2023

Cipbest Enterprises, Inc. Profit Sharing Plan

Data updated 2026-08-25

$77K
Total assets Small plan by assets
1
Participants Small participant base
5th
Percentile by assets National rank
$77,383
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Cipbest Enterprises, Inc. Retirement Plan · Sponsored by Cipbest Enterprises, Inc. · Michigan · Construction

$77K in assets, 1 participants

Cipbest Enterprises, Inc.'s Cipbest Enterprises, Inc. Retirement Plan reported $77K in total assets and 1 participant in its 2023 DOL Form 5500 filing, ranking in the 5th 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.

  • #408 in Construction (9,030 peers)

Cipbest Enterprises, Inc. multi-year trail

Cipbest Enterprises, Inc.'s plans moved -27.2% in assets from 2022 to 2024; this filing shows Cipbest Enterprises, Inc. Retirement Plan at $77K / 1 participant.

#408
in Construction (9,030 peers)
-51.2%
assets change YoY

The plan reported a net loss of $81K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Cipbest Enterprises, Inc. Retirement Plan among the smaller filed plans by assets

Cipbest Enterprises, Inc. Retirement Plan vs every filed plan by assets

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

$77,383 5th percentile higher than 5% 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

Cipbest Enterprises, Inc. Retirement 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. Cipbest Enterprises, Inc. Retirement Plan is a micro filing (1 participant), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cipbest Enterprises, Inc. Retirement Plan reported net income fell from $159K in the plan year 2022 filing to -$81K in the plan year 2023 filing.
  • Cipbest Enterprises, Inc. Retirement Plan end-of-year assets fell from $159K in the plan year 2022 filing to $77K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 874644710 · Cipbest Enterprises, Inc. PY 2023 · Profit Sharing

Cipbest Enterprises, Inc. Retirement Plan · $77K · 1 · 5th

  • BOOK $77K
  • BOOK 1
  • BOOK 5th
  • BOOK Profit Sharing
  • BOOK near Innoveo Puerto Rico Savings & Retirement Plan
  • BOOK ind #408

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 Michigan →

Cipbest Enterprises, Inc. Retirement Plan in the asset neighbourhood

Cipbest Enterprises, Inc. Retirement PlanCipbest Enterprises, Inc. Re…$77KInnoveo Puerto Rico Savings & Retirement PlanInnoveo Puerto Rico Savings …$77KKeepers Corporation Retirement PlanKeepers Corporation Retireme…$77KW. Scott Supplee, M.D., PA Profit Sharing PlanW. Scott Supplee, M.D., PA P…$77KS&s Cpa's Va Inc. Retirement PlanS&s Cpa's Va Inc. Retirement…$77K
End-of-year total assets ($M) among Cipbest Enterprises, Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Cipbest Enterprises, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Cipbest Enterprises, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$115K 27.212844013565135% vs 2022
2024 filing year
$0.05M$0.1M$0.15M$0.2M 202220232024 $0.16M $0.12M ▼ -25.0%
Year Plans Participants Total Assets
2022 1 1 $159K
2023 1 1 $77K
2024 1 1 $115K

Cipbest Enterprises, Inc. filing trail (2023)

Total Assets (Beginning of Year)$159K
Net Assets (End of Year)$77K
Net Income-$81K
Employer EIN874644710
Plan Effective Date2022-02-09
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Michigan

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

Cipbest Enterprises, Inc. Retirement Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.52 Total assets ($B) Participants Cipbest Enterprises, Inc. Retirement Plan, Total assets ($B): 0.000077383 · Participants: 1Cipbest Enterprises, Inc. Retirement PlanHenry Ford Health System Retirement Savings Plan, Total assets ($B): 1.723538402 · Participants: 14349Henry Ford Health System Retirement Savings PlanConstruction Industry Retirement Fund of Rockford, Total assets ($B): 0.564072893 · Participants: 10685Construction Industry Retirement Fund of RockfordOhio Carpenters' Annuity Plan, Total assets ($B): 0.409857897 · Participants: 9314Ohio Carpenters' Annuity PlanHemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan, Total assets ($B): 0.288437417 · Participants: 1404Hemlock Semiconductor Operations LLC Employees' Capital Accumulation PlanNECA-IBEW Memphis Retirement Plan, Total assets ($B): 0.213370381 · Participants: 2389NECA-IBEW Memphis Retirement Plan
Cipbest Enterprises, Inc. Retirement Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants
Compare Cipbest Enterprises, Inc. Retirement Plan side-by-side with 3 peers →

Cipbest Enterprises, Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is Innoveo Puerto Rico Savings & Retirement Plan in PR ($77K); by covered participants it is Luke Krumnow, Inc. Employees Profit Sharing Plan in TX (1 participant). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1 participant); 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 Cipbest Enterprises, Inc. Retirement Plan assets move in 2023? ▼
Cipbest Enterprises, Inc. Retirement Plan contracted severely - down 51.2% during 2023, from $159K to $77K. Reported net income was -$81K.
How have Cipbest Enterprises, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cipbest Enterprises, Inc.'s sponsor-wide assets declined 27.2%, from $159K to $115K.
Where does Cipbest Enterprises, Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Cipbest Enterprises, Inc. Retirement Plan ranks in the 5th 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 Cipbest Enterprises, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Innoveo Puerto Rico Savings & Retirement Plan in PR ($77K, 12 participants).
Which Profit Sharing plans cover a similar participant headcount to Cipbest Enterprises, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Luke Krumnow, Inc. Employees Profit Sharing Plan in TX (1 participant, $418K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 874644710.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.