Profit Sharing · DOL Form 5500 · 2023

Nj Business Development Co. Profit Sharing Plan

Data updated 2026-08-25

$600K
Total assets Small plan by assets
33
Participants Small participant base
19th
Percentile by assets National rank
$18,182
Avg per participant Low balance/head
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Official DOL plan name: Nj Business Development Co. Retirement Plan · Sponsored by Nj Business Development Co. · Pennsylvania · Other Services

$600K in assets, 33 participants

Nj Business Development Co.'s Nj Business Development Co. Retirement Plan reported $600K in total assets and 33 participants in its 2023 DOL Form 5500 filing, ranking in the 19th 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.

  • #3,246 in Other Services (7,857 peers)

Other Services sector rank

Within Other Services, Nj Business Development Co. Retirement Plan ranks #3,246 of 7,857 2023 filers by assets (3345% of the sector average)-$600K for 33 participants.

#3,246
in Other Services (7,857 peers)
+20.0%
assets growth YoY

Nj Business Development Co. Retirement Plan among the smaller filed plans by assets

Nj Business Development Co. Retirement Plan vs every filed plan by assets

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

$600,000 19th percentile higher than 19% 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

Nj Business Development Co. Retirement Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nj Business Development Co. Retirement Plan is a small filing (33 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nj Business Development Co. Retirement Plan reported participants rose from 15 in the plan year 2022 filing to 33 in the plan year 2023 filing.
  • Nj Business Development Co. Retirement Plan reported net income rose from -$1M in the plan year 2022 filing to $100K in the plan year 2023 filing.
  • Nj Business Development Co. Retirement Plan end-of-year assets rose from $500K in the plan year 2022 filing to $600K in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 813779179 · Nj Business Development Co. PY 2023 · Profit Sharing

Nj Business Development Co. Retirement Plan · $600K · 33 · 19th

  • EIN $600K
  • RANK 33
  • PHOTO 19th
  • IND Profit Sharing
  • EOY near Part Two Enterprises Inc. Retirement Plan
  • 5500 ind #3246

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 Pennsylvania →

Nj Business Development Co. Retirement Plan in the asset neighbourhood

Nj Business Development Co. Retirement PlanNj Business Development Co. …$600KPart Two Enterprises Inc. Retirement PlanPart Two Enterprises Inc. Re…$600KRuhlin Enterprises Inc. Retirement PlanRuhlin Enterprises Inc. Reti…$600KHuffman R.E. Investments Retirement PlanHuffman R.E. Investments Ret…$600KPulver Real Estate, Inc. Profit Sharing PlanPulver Real Estate, Inc. Pro…$600K
End-of-year total assets ($M) among Nj Business Development Co. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Other Services filing particulars

Total Assets (Beginning of Year)$500K
Net Assets (End of Year)$600K
Net Income$100K
Employer EIN813779179
Plan Effective Date2016-09-07
Filing StatusFILING RECEIVED

Sponsor Plan History (Nj Business Development Co.)

Sponsor-wide plan assets over time

All Nj Business Development Co. plans reported in each filing year

Latest sponsor-wide plan assets
$100K 80% vs 2022
2024 filing year
$0M$0.2M$0.4M$0.6M$0.8M 202220232024 $0.5M $0.1M ▼ -80.0%
Year Plans Participants Total Assets
2022 1 15 $500K
2023 1 33 $600K
2024 1 39 $100K

Nearby Profit Sharing Plans in Pennsylvania

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

Nj Business Development Co. Retirement Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Nj Business Development Co. Retirement Plan, Total assets ($B): 0.0006 · Participants: 33Nj Business Development Co. Retirement PlanEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.13036391 · Participants: 17441Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.71732421 · Participants: 21016University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 1.126483012 · Participants: 3905International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.763491384 · Participants: 10204Temple University Health System, Inc. Defined Contribution Retirement PlanMorgan, Lewis & Bockius LLP Defined Contribution Plan, Total assets ($B): 0.71403391 · Participants: 2458Morgan, Lewis & Bockius LLP Defined Contribution Plan
Nj Business Development Co. Retirement Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Nj Business Development Co. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is Part Two Enterprises Inc. Retirement Plan in IL ($600K); by covered participants it is Torrence's Farm Implements Profit Sharing Plan II in CA (33 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (33 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 Nj Business Development Co. Retirement Plan assets move in 2023?
Nj Business Development Co. Retirement Plan grew sharply - up 20.0% during 2023, from $500K to $600K. Reported net income was $100K.
How have Nj Business Development Co. plan assets changed over time?
Across 3 plan years on file (2022-2024), Nj Business Development Co.'s sponsor-wide assets declined 80.0%, from $500K to $100K.
Where does Nj Business Development Co. Retirement Plan rank by assets among Form 5500 filers?
Nj Business Development Co. Retirement Plan ranks in the 19th 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 Nj Business Development Co. Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Part Two Enterprises Inc. Retirement Plan in IL ($600K, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to Nj Business Development Co. Retirement Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Torrence's Farm Implements Profit Sharing Plan II in CA (33 participants, N/A in assets).