Profit Sharing · DOL Form 5500 · 2023

Shs-Mn, Inc. Profit Sharing Plan

Data updated 2026-08-25

$300K
Total assets Small plan by assets
47
Participants Small participant base
14th
Percentile by assets National rank
$6,383
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Shs-Mn, Inc. Retirement Plan · Sponsored by Shs-Mn, Inc. · Minnesota · Healthcare & Social Assistance

$300K in assets, 47 participants

Shs-Mn, Inc.'s Shs-Mn, Inc. Retirement Plan reported $300K in total assets and 47 participants in its 2023 DOL Form 5500 filing, ranking in the 14th 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.

  • #1,689 in Healthcare & Social Assistance (17,684 peers)

Shs-Mn, Inc. multi-year trail

Shs-Mn, Inc.'s plans moved -12.5% in assets from 2022 to 2024; this filing shows Shs-Mn, Inc. Retirement Plan at $300K / 47 participants.

#1,689
in Healthcare & Social Assistance (17,684 peers)
-25.0%
assets change YoY

The plan reported a net loss of $100K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Shs-Mn, Inc. Retirement Plan among the smaller filed plans by assets

Shs-Mn, Inc. Retirement Plan vs every filed plan by assets

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

$300,000 14th percentile higher than 14% 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

Shs-Mn, Inc. 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. Shs-Mn, Inc. Retirement Plan is a small filing (47 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Shs-Mn, Inc. Retirement Plan reported net income fell from $150K in the plan year 2022 filing to -$100K in the plan year 2023 filing.
  • Shs-Mn, Inc. Retirement Plan reported participants rose from 24 in the plan year 2022 filing to 47 in the plan year 2023 filing.
  • Shs-Mn, Inc. Retirement Plan end-of-year assets fell from $400K in the plan year 2022 filing to $300K in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 862479725 · Shs-Mn, Inc. PY 2023 · Profit Sharing

Shs-Mn, Inc. Retirement Plan · $300K · 47 · 14th

  • TYPE $300K
  • TYPE 47
  • TYPE 14th
  • TYPE Profit Sharing
  • TYPE near Henry Fate Corporation Retirement Plan
  • TYPE ind #1689

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 Healthcare & Social Assistance retirement plans → · Plans in Minnesota →

Shs-Mn, Inc. Retirement Plan in the asset neighbourhood

Shs-Mn, Inc. Retirement Plan$300KHenry Fate Corporation Retirement PlanHenry Fate Corporation Retir…$300KGulf Coast Stretch Inc. Retirement PlanGulf Coast Stretch Inc. Reti…$300KPhoenix America Ltd Retirement PlanPhoenix America Ltd Retireme…$300KF & B Pet Services Inc. Retirement PlanF & B Pet Services Inc. Reti…$300K
End-of-year total assets ($M) among Shs-Mn, Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Shs-Mn, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Shs-Mn, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$350K 12.5% vs 2022
2024 filing year
$0.25M$0.3M$0.35M$0.4M$0.45M 202220232024 $0.4M $0.35M ▼ -12.5%
Year Plans Participants Total Assets
2022 1 24 $400K
2023 1 47 $300K
2024 1 37 $350K

Shs-Mn, Inc. filing trail (2023)

Total Assets (Beginning of Year)$400K
Net Assets (End of Year)$300K
Net Income-$100K
Employer EIN862479725
Plan Effective Date2021-03-26
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Minnesota

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

Shs-Mn, Inc. Retirement Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Shs-Mn, Inc. Retirement Plan, Total assets ($B): 0.0003 · Participants: 47Shs-Mn, Inc. Retirement PlanEssentia Health Retirement Plan, Total assets ($B): 1.947015983 · Participants: 15491Essentia Health Retirement PlanPipe Trades Services Mn Pension Supplement Fund, Total assets ($B): 1.617374084 · Participants: 6062Pipe Trades Services Mn Pension Supplement FundAllina 403(b) Retirement Savings Plan, Total assets ($B): 0.905961651 · Participants: 9417Allina 403(b) Retirement Savings PlanFairview Health Services Pension Plan, Total assets ($B): 0.609806339 · Participants: 4828Fairview Health Services Pension PlanCargill Employee Retirement Account Plan, Total assets ($B): 0.510990463 · Participants: 19870Cargill Employee Retirement Account Plan
Shs-Mn, Inc. Retirement Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants

Shs-Mn, Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Minnesota, the nearest Profit Sharing by assets is Henry Fate Corporation Retirement Plan in FL ($300K); by covered participants it is Paso Robles Waste Disposal, Inc. Profit Sharing Plan in CA (47 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($300K here).

Similar participant headcount

Nearest other-state filings by covered participants (47 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 Shs-Mn, Inc. Retirement Plan assets move in 2023?
Shs-Mn, Inc. Retirement Plan declined sharply - down 25.0% during 2023, from $400K to $300K. Reported net income was -$100K.
How have Shs-Mn, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Shs-Mn, Inc.'s sponsor-wide assets declined 12.5%, from $400K to $350K.
Where does Shs-Mn, Inc. Retirement Plan rank by assets among Form 5500 filers?
Shs-Mn, Inc. Retirement Plan ranks in the 14th 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 Shs-Mn, Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Henry Fate Corporation Retirement Plan in FL ($300K, 15 participants).
Which Profit Sharing plans cover a similar participant headcount to Shs-Mn, Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Paso Robles Waste Disposal, Inc. Profit Sharing Plan in CA (47 participants, $4M in assets).