Profit Sharing · DOL Form 5500 · 2023

Manuel D. Herrero Garcia Profit Sharing Plan

Data updated 2026-08-25

$49K
Total assets Small plan by assets
1
Participants Small participant base
4th
Percentile by assets National rank
$49,457
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Manuel D. Herrero Garcia Profit Sharing Retirement Plan · Sponsored by Manuel D. Herrero Garcia · Puerto Rico · Other Services

$49K in assets, 1 participants

Manuel D. Herrero Garcia's Manuel D. Herrero Garcia Profit Sharing Retirement Plan reported $49K in total assets and 1 participant in its 2023 DOL Form 5500 filing, ranking in the 4th 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.

  • #589 in Other Services (7,857 peers)

2023 asset change

Manuel D. Herrero Garcia Profit Sharing Retirement Plan contracted severely 64.6% in 2023 ($140K → $49K) for 1 participant.

#589
in Other Services (7,857 peers)
-64.6%
assets change YoY

The plan reported a net loss of $90K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Manuel D. Herrero Garcia Profit Sharing Retirement Plan among the smaller filed plans by assets

Manuel D. Herrero Garcia Profit Sharing Retirement Plan vs every filed plan by assets

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

$49,457 4th percentile higher than 4% 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

Manuel D. Herrero Garcia Profit Sharing 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. Manuel D. Herrero Garcia Profit Sharing Retirement Plan is a micro filing (1 participant), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Manuel D. Herrero Garcia Profit Sharing Retirement Plan reported net income fell from -$49K in the plan year 2022 filing to -$90K in the plan year 2023 filing.
  • Manuel D. Herrero Garcia Profit Sharing Retirement Plan end-of-year assets fell from $140K in the plan year 2022 filing to $49K in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 660395322 · Manuel D. Herrero Garcia PY 2023 · Profit Sharing

Manuel D. Herrero Garcia Profit Sharing Retirement Plan · $49K · 1 · 4th

  • TYPE $49K
  • NET 1
  • BOOK 4th
  • VS-ST Profit Sharing
  • BOY near Addie & Grace Boutique Inc. Retirement Plan
  • SCH ind #589

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 Other Services retirement plans → · Plans in Puerto Rico →

Manuel D. Herrero Garcia Profit Sharing Retirement Plan in the asset neighbourhood

Manuel D. Herrero Garcia Profit Sharing Retirement PlanManuel D. Herrero Garcia Pro…$49KAddie & Grace Boutique Inc. Retirement PlanAddie & Grace Boutique Inc. …$49KVillaventure Group Retirement PlanVillaventure Group Retiremen…$49KDark Horse Ventures, Inc. Profit Sharing PlanDark Horse Ventures, Inc. Pr…$49KTriple Bark Beverages, Inc. Retirement PlanTriple Bark Beverages, Inc. …$50K
End-of-year total assets ($M) among Manuel D. Herrero Garcia Profit Sharing Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Manuel D. Herrero Garcia years around the 2023 move

Sponsor-wide plan assets over time

All Manuel D. Herrero Garcia plans reported in each filing year

Latest sponsor-wide plan assets
$148K 5.884459982233429% vs 2022
2024 filing year
$0M$0.05M$0.1M$0.15M$0.2M 202220232024 $0.14M $0.15M ▲ +7.1%
Year Plans Participants Total Assets
2022 1 1 $140K
2023 1 1 $49K
2024 1 1 $148K

2023 asset-move particulars

Total Assets (Beginning of Year)$140K
Net Assets (End of Year)$49K
Net Income-$90K
Employer EIN660395322
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Puerto Rico

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

Manuel D. Herrero Garcia Profit Sharing Retirement Plan vs. nearby Profit Sharing plans in Puerto Rico, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -2000200400600800 Total assets ($M) Participants Manuel D. Herrero Garcia Profit Sharing Retirement Plan, Total assets ($M): 0.049457 · Participants: 1Manuel D. Herrero Garcia Profit Sharing Retirement PlanThe Retirement and Savings Plan for Amgen Manufacturing Limited LLC, Total assets ($M): 719.343985 · Participants: 2713The Retirement and Savings Plan for Amgen Manufacturing Limited LLCPopular, Inc. Pr Savings and Investment Plan, Total assets ($M): 700.721578 · Participants: 8134Popular, Inc. Pr Savings and Investment PlanThe Savings Plan for Lilly Affiliate Employees in Puerto Rico, Total assets ($M): 441.870695 · Participants: 1114The Savings Plan for Lilly Affiliate Employees in Puerto RicoHewlett Packard Enterprise Puerto Rico Tax Saving Capital Accumulation Plan, Total assets ($M): 195.772357 · Participants: 751Hewlett Packard Enterprise Puerto Rico Tax Saving Capital Accumulation PlanThe Oriental Bank Coda Profit Sharing Plan, Total assets ($M): 134.602051 · Participants: 2096The Oriental Bank Coda Profit Sharing Plan
Manuel D. Herrero Garcia Profit Sharing Retirement Plan vs. nearby Profit Sharing plans in Puerto Rico, assets vs. participants

Manuel D. Herrero Garcia Profit Sharing Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Puerto Rico, the nearest Profit Sharing by assets is Addie & Grace Boutique Inc. Retirement Plan in VT ($49K); 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 Manuel D. Herrero Garcia Profit Sharing Retirement Plan assets move in 2023?
Manuel D. Herrero Garcia Profit Sharing Retirement Plan contracted severely - down 64.6% during 2023, from $140K to $49K. Reported net income was -$90K.
How have Manuel D. Herrero Garcia plan assets changed over time?
Across 3 plan years on file (2022-2024), Manuel D. Herrero Garcia's sponsor-wide assets grew 5.9%, from $140K to $148K.
Where does Manuel D. Herrero Garcia Profit Sharing Retirement Plan rank by assets among Form 5500 filers?
Manuel D. Herrero Garcia Profit Sharing Retirement Plan ranks in the 4th 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 Manuel D. Herrero Garcia Profit Sharing Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Addie & Grace Boutique Inc. Retirement Plan in VT ($49K, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to Manuel D. Herrero Garcia Profit Sharing 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).