Profit Sharing · DOL Form 5500 · 2023

Clark Insurance Profit Sharing Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
113
Participants Small participant base
76th
Percentile by assets National rank
$208,901
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Clark Insurance Profit Sharing Plan and Trust · Sponsored by Clark Insurance · Maine · Finance & Insurance

$24M in assets, 113 participants

Clark Insurance's Clark Insurance Profit Sharing Plan and Trust reported $24M in total assets and 113 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #5,586 in Finance & Insurance (8,869 peers)

Coverage in Maine

Clark Insurance Profit Sharing Plan and Trust covers 113 participants in Maine, about 24% of the average Maine filer (state average ~472 per filing). Assets: $24M.

#5,586
in Finance & Insurance (8,869 peers)
+4.5%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Clark Insurance Profit Sharing Plan and Trust's outsized position by total assets

Clark Insurance Profit Sharing Plan and Trust vs every filed plan by assets

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

$23,605,767 Top 24% higher than 76% 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

Clark Insurance Profit Sharing Plan and Trust among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Clark Insurance Profit Sharing Plan and Trust sits mid-pack in the medium band (113 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Clark Insurance Profit Sharing Plan and Trust reported net income rose from -$17M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Clark Insurance Profit Sharing Plan and Trust reported participants fell from 134 in the plan year 2022 filing to 113 in the plan year 2023 filing.
  • Clark Insurance Profit Sharing Plan and Trust end-of-year assets rose from $23M in the plan year 2022 filing to $24M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 010046400 · Clark Insurance PY 2023 · Profit Sharing

Clark Insurance Profit Sharing Plan and Trust · $24M · 113 · 76th

  • PHOTO $24M
  • PHOTO 113
  • PHOTO 76th
  • PHOTO Profit Sharing
  • PHOTO near Ricoh Puerto Rico Savings Plan
  • PHOTO ind #5586

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 Finance & Insurance retirement plans → · Plans in Maine →

Clark Insurance Profit Sharing Plan and Trust in the asset neighbourhood

Midwest Irrigation Company Profit Sharing PlanMidwest Irrigation Company P…$24MP1fcu 401(k) Plan and Trust$24MRicoh Puerto Rico Savings PlanRicoh Puerto Rico Savings Pl…$24MClark Insurance Profit Sharing Plan and TrustClark Insurance Profit Shari…$24MHealthcare Network of Southwest Florida (Hcn) Retirement PlanHealthcare Network of Southw…$23M
End-of-year total assets ($M) among Clark Insurance Profit Sharing Plan and Trust and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Maine filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$24M
Net Income$1M
Employer EIN010046400
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Clark Insurance)

Sponsor-wide plan assets over time

All Clark Insurance plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$50M$100M$150M 202220232024 $45.2M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 2 268 $45M
2023 3 341 $109M
2024 1 91 N/A

Nearby Profit Sharing Plans in Maine

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

Clark Insurance Profit Sharing Plan and Trust vs. nearby Profit Sharing plans in Maine, assets vs. participants Scatter plot of 6 data points. 02004006008001000 2030405060 Total assets ($M) Participants Clark Insurance Profit Sharing Plan and Trust, Total assets ($M): 23.605767 · Participants: 113Clark Insurance Profit Sharing Plan and TrustI.B.E.W. Local 1253 Retirement Plan, Total assets ($M): 50.485571 · Participants: 477I.B.E.W. Local 1253 Retirement PlanPenobscot Community Health Center 403(b) Plan, Total assets ($M): 35.916028 · Participants: 805Penobscot Community Health Center 403(b) PlanMillinocket Regional Hospital Partnership Retirement Plan, Total assets ($M): 25.032197 · Participants: 181Millinocket Regional Hospital Partnership Retirement PlanMaine Dartmouth Family Medicine Residency 403(b) Plan, Total assets ($M): 24.319011 · Participants: 118Maine Dartmouth Family Medicine Residency 403(b) PlanShaw Brothers Construction Profit Sharing Plan, Total assets ($M): 23.930854 · Participants: 214Shaw Brothers Construction Profit Sharing Plan
Clark Insurance Profit Sharing Plan and Trust vs. nearby Profit Sharing plans in Maine, assets vs. participants

Clark Insurance Profit Sharing Plan and Trust's out-of-state Profit Sharing peers by assets and headcount

Outside Maine, the nearest Profit Sharing by assets is Ricoh Puerto Rico Savings Plan in PR ($24M); by covered participants it is Addgene 403(b) Savings and Retirement Plan in MA (113 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (113 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 Clark Insurance Profit Sharing Plan and Trust assets move in 2023?
Clark Insurance Profit Sharing Plan and Trust edged up modestly - up 4.5% during 2023, from $23M to $24M. Reported net income was $1M.
Where does Clark Insurance Profit Sharing Plan and Trust rank by assets among Form 5500 filers?
Clark Insurance Profit Sharing Plan and Trust ranks in the 76th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Clark Insurance Profit Sharing Plan and Trust?
Among Profit Sharing plans in other states, the closest by assets is Ricoh Puerto Rico Savings Plan in PR ($24M, 163 participants).
Which Profit Sharing plans cover a similar participant headcount to Clark Insurance Profit Sharing Plan and Trust?
Among Profit Sharing plans in other states, the closest by covered participants is Addgene 403(b) Savings and Retirement Plan in MA (113 participants, $7M in assets).