Profit Sharing · DOL Form 5500 · 2022

Sohn Linen Service Profit Sharing Plan

Data updated 2026-08-11

$9M
Total assets
193
Participants
62nd
Percentile by assets
$44,711
Avg per participant
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Official DOL plan name: Sohn Linen Service Employees Profit Sharing Plan · Sponsored by Sohn Linen Service · Michigan · Other Services

$9M in assets, 193 participants

Sohn Linen Service's Sohn Linen Service Employees Profit Sharing Plan reported $9M in total assets and 193 participants in its 2022 DOL Form 5500 filing, ranking in the 62nd 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.

  • 62nd percentile by assets (of 139,126 plans)
  • #6,530 in Other Services (8,398 peers)

Coverage in Michigan

Sohn Linen Service Employees Profit Sharing Plan covers 193 participants in Michigan, about 30% of the average Michigan filer (state average ~638 per filing). Assets: $9M.

$9M
total plan assets (2022 EOY)
193
covered participants
62nd
percentile by assets (of 139,126 plans)
$44,711
avg assets per participant
State
Industry

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Sohn Linen Service Employees Profit Sharing Plan reports 193 participants - about 30% of that state average ($9M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$9M
Net Income$1M
Employer EIN381050750
Plan Effective Date1966-09-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Sohn Linen Service)

$8M$9M$10M$11M 202220232024 $8.63M $10.2M ▲ +18.3%
Total plan assets by year, all Sohn Linen Service plans on file
Year Plans Participants Total Assets
2022 1 193 $9M
2023 1 166 $11M
2024 1 167 $10M

Nearby Profit Sharing Plans in Michigan

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

Sohn Linen Service Employees Profit Sharing Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Sohn Linen Service Employees Profit Sharing 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 Sohn Linen Service E…Henry Ford Health Sy…Construction Industr…Ohio Carpenters' Ann…IBEW Local 150 Suppl…Hemlock Semiconducto…
Sohn Linen Service Employees Profit Sharing Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Sohn Linen Service Employees Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Sohn Linen Service Employees Profit Sharing Plan assets move in 2022?
Sohn Linen Service Employees Profit Sharing Plan grew sharply - up 15.1% during 2022, from $7M to $9M. Reported net income was $1M.
How have Sohn Linen Service plan assets changed over time?
Across 3 plan years on file (2022-2024), Sohn Linen Service's sponsor-wide assets grew 18.3%, from $9M to $10M.
Which Profit Sharing plans are similar in size to Sohn Linen Service Employees Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Inspritec, Inc. 401(k) Retirement Plan in PA ($9M, 1,110 participants).

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Filing takeaways

Ways to act on Sohn Linen Service Employees Profit Sharing Plan's numbers.