401(k) Ā· DOL Form 5500 Ā· 2023
The Permite Corporation Profit Sharing Plan
Data updated 2026-05-15
- $660K
- Total assets
- 10
- Participants
- 20th
- Percentile by assets
- $66,002
- Avg per participant
Sponsored by 7-E Permite Corporation Ā· Georgia Ā· Manufacturing
What the 2023 filing shows
The Permite Corporation Profit Sharing Plan holds $660K for 10 participants - about $66,002 per participant, among the smaller plans by assets on file, up 22.2% over the 2023 plan year.
- $660K
- total plan assets (2023 EOY)
- 10
- covered participants
- 20th
- percentile by assets (of 126,618 plans)
- $66,002
- avg assets per participant
401(k) Ā· DOL Form 5500 Ā· 2023
What the Filing Says About The Permite Corporation Profit Sharing Plan
The Permite Corporation Profit Sharing Plan is a 401(k) retirement plan sponsored by 7-E Permite Corporation, headquartered in Georgia. According to the U.S. Department of Labor's 2023 Form 5500 filing, the plan reports $660K in total end-of-year assets and covers 10 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 580975556, and the plan has been effective since 1987-05-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets grew sharply from $540K at the beginning of 2023 to $660K at year-end - up 22.2%. Net assets (after liabilities) closed the year at $660K, with reported net income of $120K 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 1 prior plan-year filing from the same sponsor shown below.
Across the 2 plan years 7-E Permite Corporation has on file with PlainRetire (2022-2023), sponsor-wide plan assets have moved from $540K to $660K, a gain of 22.2%, while reported participants moved from 10 to 10 (+0.0%). Year-by-year, sponsor-wide filings show: 2022 - $540K in assets across 1 plan covering 10 participants; 2023 - $660K in assets across 1 plan covering 10 participants.
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.
How the percentile is calculated: we count every plan that filed a 2023 Form 5500 with a reported end-of-year asset figure (126,618 plans), rank The Permite Corporation Profit Sharing Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $540K |
|---|---|
| Total Assets (End of Year) | $660K |
| Net Assets (End of Year) | $660K |
| Net Income | $120K |
| Plan Type | 401(k) |
| Employer EIN | 580975556 |
| Plan Effective Date | 1987-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (7-E Permite Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 10 | $540K |
| 2023 | 1 | 10 | $660K |
Nearby 401(k) Plans in Georgia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Delta 401(k) Retirement Plan $16.2B Ā· 83,136
- Delta 401(k) Retirement Plan for Pilots $13.7B Ā· 13,283
- UPS 401(k) Savings Plan $13.1B Ā· 102,231
- The Home Depot Futurebuilder $12.6B Ā· 413,365
- Cox Enterprises, Inc. 401(k) Plan $7.1B Ā· 44,853
Frequently Asked Questions
How much money is in the The Permite Corporation Profit Sharing Plan? ▼
What type of plan is The Permite Corporation Profit Sharing Plan? ▼
Who sponsors the The Permite Corporation Profit Sharing Plan? ▼
How did The Permite Corporation Profit Sharing Plan perform in 2023? ▼
What this filing means
Ways to act on The Permite Corporation Profit Sharing Plan's numbers.
- By total assets, The Permite Corporation Profit Sharing Plan ranks among the smaller plans by assets on file. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Georgia. Compare plans
- 7-E Permite Corporation's sponsor-wide assets have grown 22.2% since 2022 across 2 plan years on file. More Manufacturing plans
- A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types
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 580975556.
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.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.