Profit Sharing · DOL Form 5500 · 2023

Joseph T. Backe, M.D., P.a. Profit Sharing Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
5
Participants Small participant base
41st
Percentile by assets National rank
$838,301
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Joseph T. Backe, M.D., P.a. Profit Sharing Plan · Sponsored by Joseph T. Backe, M.D., P.a. · Alabama · Healthcare & Social Assistance

$4M in assets, 5 participants

Joseph T. Backe, M.D., P.a.'s Joseph T. Backe, M.D., P.a. Profit Sharing Plan reported $4M in total assets and 5 participants in its 2023 DOL Form 5500 filing, ranking in the 41st 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.

  • #7,791 in Healthcare & Social Assistance (17,684 peers)

Joseph T. Backe, M.D., P.a. multi-year trail

Joseph T. Backe, M.D., P.a.'s plans moved +26.2% in assets from 2022 to 2024; this filing shows Joseph T. Backe, M.D., P.a. Profit Sharing Plan at $4M / 5 participants.

#7,791
in Healthcare & Social Assistance (17,684 peers)
+13.0%
assets growth YoY

Joseph T. Backe, M.D., P.a. Profit Sharing Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Joseph T. Backe, M.D., P.a. Profit Sharing Plan vs every filed plan by assets

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

$4,191,507 41st percentile higher than 41% 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

Joseph T. Backe, M.D., P.a. Profit Sharing Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Joseph T. Backe, M.D., P.a. Profit Sharing Plan is a micro filing (5 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Joseph T. Backe, M.D., P.a. Profit Sharing Plan reported net income rose from -$781K in the plan year 2022 filing to $481K in the plan year 2023 filing.
  • Joseph T. Backe, M.D., P.a. Profit Sharing Plan end-of-year assets rose from $4M in the plan year 2022 filing to $4M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 630779232 · Joseph T. Backe, M.D., P.a. PY 2023 · Profit Sharing

Joseph T. Backe, M.D., P.a. Profit Sharing Plan · $4M · 5 · 41st

  • IND $4M
  • IND 5
  • IND 41st
  • IND Profit Sharing
  • IND near Lake County Surgeons, P.C. Profit Sharing Plan & Trust
  • IND ind #7791

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 Alabama →

Joseph T. Backe, M.D., P.a. Profit Sharing Plan in the asset neighbourhood

Joseph T. Backe, M.D., P.a. Profit Sharing PlanJoseph T. Backe, M.D., P.a. …$4MLake County Surgeons, P.C. Profit Sharing Plan & TrustLake County Surgeons, P.C. P…$4MSterling Supply, Inc. Restated Profit Sharing PlanSterling Supply, Inc. Restat…$4MAronowitz & Helgeson, P.C. Profit Sharing PlanAronowitz & Helgeson, P.C. P…$4MV. Marchese, Inc. Profit Sharing PlanV. Marchese, Inc. Profit Sha…$4M
End-of-year total assets ($M) among Joseph T. Backe, M.D., P.a. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Joseph T. Backe, M.D., P.a. multi-year asset trail

Sponsor-wide plan assets over time

All Joseph T. Backe, M.D., P.a. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 26.239229931512998% vs 2022
2024 filing year
$3.5M$4M$4.5M$5M 202220232024 $3.71M $4.68M ▲ +26.1%
Year Plans Participants Total Assets
2022 1 5 $4M
2023 1 5 $4M
2024 1 6 $5M

Joseph T. Backe, M.D., P.a. filing trail (2023)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income$481K
Employer EIN630779232
Plan Effective Date1981-11-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Alabama

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

Joseph T. Backe, M.D., P.a. Profit Sharing Plan vs. nearby Profit Sharing plans in Alabama, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 01020304050 Total assets ($M) Participants Joseph T. Backe, M.D., P.a. Profit Sharing Plan, Total assets ($M): 4.191507 · Participants: 5Joseph T. Backe, M.D., P.a. Profit Sharing PlanThe Health Care Authority for Baptist Health Matching Dollar Plan, Total assets ($M): 44.503015 · Participants: 2207The Health Care Authority for Baptist Health Matching Dollar PlanPathology Associates, P.C. Profit Sharing Plan and Trust, Total assets ($M): 33.014269 · Participants: 42Pathology Associates, P.C. Profit Sharing Plan and TrustRadiology Associates of Dothan, P.a. Profit Sharing Plan, Total assets ($M): 27.308429 · Participants: 16Radiology Associates of Dothan, P.a. Profit Sharing PlanAuto Investment, Inc. 401(k) Plan, Total assets ($M): 23.866265 · Participants: 392Auto Investment, Inc. 401(k) PlanSouthlake Orthopaedics Sports Medicine & Spine Center Profit Sharing Plan, Total assets ($M): 15.424017 · Participants: 103Southlake Orthopaedics Sports Medicine & Spine Center Profit Sharing Plan
Joseph T. Backe, M.D., P.a. Profit Sharing Plan vs. nearby Profit Sharing plans in Alabama, assets vs. participants
Compare Joseph T. Backe, M.D., P.a. Profit Sharing Plan side-by-side with 3 peers →

Joseph T. Backe, M.D., P.a. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Alabama, the nearest Profit Sharing by assets is Lake County Surgeons, P.C. Profit Sharing Plan & Trust in IL ($4M); by covered participants it is Salon Passion Inc. Retirement Plan in GA (5 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5 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 Joseph T. Backe, M.D., P.a. Profit Sharing Plan assets move in 2023? ▼
Joseph T. Backe, M.D., P.a. Profit Sharing Plan grew at a solid clip - up 13.0% during 2023, from $4M to $4M. Reported net income was $481K.
How have Joseph T. Backe, M.D., P.a. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Joseph T. Backe, M.D., P.a.'s sponsor-wide assets grew 26.2%, from $4M to $5M.
Which Profit Sharing plans are similar in size to Joseph T. Backe, M.D., P.a. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Lake County Surgeons, P.C. Profit Sharing Plan & Trust in IL ($4M, 6 participants).
Which Profit Sharing plans cover a similar participant headcount to Joseph T. Backe, M.D., P.a. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Salon Passion Inc. Retirement Plan in GA (5 participants, N/A in assets).

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 630779232.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.