Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

EARL W. COLVARD, INC. SAVINGS PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

EARL W. COLVARD, INC.

This Profit Sharing plan holds $20M in total assets and serves 501 participants as of 2023. It is sponsored by EARL W. COLVARD, INC. in Florida. The plan reported positive net income of $3M for the year.

Total Assets (2023)
$20M
Participants
501
State
Industry
Retail Trade

What the Filing Says About EARL W. COLVARD, INC. SAVINGS PLAN

EARL W. COLVARD, INC. SAVINGS PLAN is a Profit Sharing retirement plan sponsored by EARL W. COLVARD, INC., headquartered in Florida. As of the 2023 Form 5500 filing, the plan reports $20M in total end-of-year assets and covers 501 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 592183177, and the plan has been effective since 1994-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $18M at the beginning of 2023 to $20M at year-end — a gain of 14.7%. Net assets (after liabilities) closed the year at $20M, with reported net income of $3M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$18M
Total Assets (End of Year)$20M
Net Assets (End of Year)$20M
Net Income$3M
Plan TypeProfit Sharing
Employer EIN592183177
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (EARL W. COLVARD, INC.)

Year Plans Participants Total Assets
2022 1 471 $18M
2023 1 501 $20M
2024 1 513 $23M

Nearby Profit Sharing Plans in Florida

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

Frequently Asked Questions

How much money is in the EARL W. COLVARD, INC. SAVINGS PLAN?
As of the 2023 Form 5500 filing, EARL W. COLVARD, INC. SAVINGS PLAN holds $20M in total assets with 501 participants. It is sponsored by EARL W. COLVARD, INC..
What type of plan is EARL W. COLVARD, INC. SAVINGS PLAN?
EARL W. COLVARD, INC. SAVINGS PLAN is a Profit Sharing plan. It has been effective since 1994-01-01. The plan is filed with the U.S. Department of Labor under EIN 592183177.
Who sponsors the EARL W. COLVARD, INC. SAVINGS PLAN?
EARL W. COLVARD, INC. SAVINGS PLAN is sponsored by EARL W. COLVARD, INC., located in Florida. The sponsor's EIN is 592183177 and the plan operates in the Retail Trade industry.
How did EARL W. COLVARD, INC. SAVINGS PLAN perform in 2023?
EARL W. COLVARD, INC. SAVINGS PLAN grew by 14.7% during 2023, moving from $18M to $20M in total assets. Net income was $3M.
Where can I find official filings for EARL W. COLVARD, INC. SAVINGS PLAN?
Official Form 5500 filings for EARL W. COLVARD, INC. SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 592183177 or plan name at efast.dol.gov.
How does EARL W. COLVARD, INC. SAVINGS PLAN compare to other plans?
You can compare EARL W. COLVARD, INC. SAVINGS PLAN against other Profit Sharing plans on the plan type page, or view plans in Florida on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 592183177.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.