Profit Sharing · DOL Form 5500 · 2023

Essential Insurance Management, Inc. Profit Sharing Plan

Data updated 2026-08-25

$768K
Total assets Small plan by assets
9
Participants Small participant base
21st
Percentile by assets National rank
$85,373
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Essential Insurance Management, Inc. Retirement Plan · Sponsored by Essential Insurance Management, Inc. · Texas · Finance & Insurance

$768K in assets, 9 participants

Essential Insurance Management, Inc.'s Essential Insurance Management, Inc. Retirement Plan reported $768K in total assets and 9 participants in its 2023 DOL Form 5500 filing, ranking in the 21st 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.

  • #1,183 in Finance & Insurance (8,869 peers)

What the 2023 filing shows

Essential Insurance Management, Inc. Retirement Plan holds $768K for 9 participants - about $85,373 per participant, among the smaller plans by assets on file.

#1,183
in Finance & Insurance (8,869 peers)
-4.2%
assets change YoY

The plan reported a net loss of $34K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Essential Insurance Management, Inc. Retirement Plan among the smaller filed plans by assets

Essential Insurance Management, Inc. Retirement Plan vs every filed plan by assets

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

$768,355 21st percentile higher than 21% 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

Essential Insurance Management, Inc. Retirement 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. Essential Insurance Management, Inc. Retirement Plan is a micro filing (9 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Essential Insurance Management, Inc. Retirement Plan reported participants rose from 2 in the plan year 2022 filing to 9 in the plan year 2023 filing.
  • Essential Insurance Management, Inc. Retirement Plan reported net income fell from $802K in the plan year 2022 filing to -$34K in the plan year 2023 filing.
  • Essential Insurance Management, Inc. Retirement Plan end-of-year assets fell from $802K in the plan year 2022 filing to $768K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 884380329 · Essential Insurance Management, Inc. PY 2023 · Profit Sharing

Essential Insurance Management, Inc. Retirement Plan · $768K · 9 · 21st

  • PART $768K
  • PART 9
  • PART 21st
  • PART Profit Sharing
  • PART near Hop Vine, Inc. Retirement Plan
  • PART ind #1183

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 Texas →

Essential Insurance Management, Inc. Retirement Plan in the asset neighbourhood

Essential Insurance Management, Inc. Retirement PlanEssential Insurance Manageme…$768KHop Vine, Inc. Retirement PlanHop Vine, Inc. Retirement Pl…$769KSupermercados Econo, Inc Savings and Retirement PlanSupermercados Econo, Inc Sav…$768KSanta Fe Trail Senior Services IncSanta Fe Trail Senior Servic…$769KKiran R Bais Profit Sharing Plan & TrustKiran R Bais Profit Sharing …$768K
End-of-year total assets ($M) among Essential Insurance Management, Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$802K
Net Assets (End of Year)$768K
Net Income-$34K
Employer EIN884380329
Plan Effective Date2022-12-12
Filing StatusFILING RECEIVED

Sponsor Plan History (Essential Insurance Management, Inc.)

Sponsor-wide plan assets over time

All Essential Insurance Management, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$766K 4.502433478278214% vs 2022
2024 filing year
$0.76M$0.77M$0.78M$0.79M$0.8M$0.81M 202220232024 $0.8M $0.77M ▼ -3.8%
Year Plans Participants Total Assets
2022 1 2 $802K
2023 1 9 $768K
2024 1 9 $766K

Nearby Profit Sharing Plans in Texas

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

Essential Insurance Management, Inc. Retirement Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -202468 Total assets ($B) Participants Essential Insurance Management, Inc. Retirement Plan, Total assets ($B): 0.000768355 · Participants: 9Essential Insurance Management, Inc. Retirement PlanSouthwest Airlines Co. Profitsharing Plan, Total assets ($B): 5.82182651 · Participants: 71461Southwest Airlines Co. Profitsharing PlanBaylor College of Medicine Retirement Plan, Total assets ($B): 1.714999292 · Participants: 10240Baylor College of Medicine Retirement PlanH-E-B Partner Stock Plan, Total assets ($B): 1.320262511 · Participants: 96911H-E-B Partner Stock PlanThe Defined Contribution Plan of the Methodist Hospital, Total assets ($B): 0.92297353 · Participants: 29678The Defined Contribution Plan of the Methodist HospitalAmerican Heart Association, Inc. Qualified Retirement Plan, Total assets ($B): 0.456894615 · Participants: 3455American Heart Association, Inc. Qualified Retirement Plan
Essential Insurance Management, Inc. Retirement Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants

Essential Insurance Management, Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Texas, the nearest Profit Sharing by assets is Hop Vine, Inc. Retirement Plan in FL ($769K); by covered participants it is Watering Lane Ventures, Inc. Profit Sharing Plan in NH (9 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($768K here).

Similar participant headcount

Nearest other-state filings by covered participants (9 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 Essential Insurance Management, Inc. Retirement Plan assets move in 2023?
Essential Insurance Management, Inc. Retirement Plan edged down modestly - down 4.2% during 2023, from $802K to $768K. Reported net income was -$34K.
How have Essential Insurance Management, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Essential Insurance Management, Inc.'s sponsor-wide assets declined 4.5%, from $802K to $766K.
Where does Essential Insurance Management, Inc. Retirement Plan rank by assets among Form 5500 filers?
Essential Insurance Management, Inc. Retirement Plan ranks in the 21st 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 Essential Insurance Management, Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Hop Vine, Inc. Retirement Plan in FL ($769K, 26 participants).
Which Profit Sharing plans cover a similar participant headcount to Essential Insurance Management, Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Watering Lane Ventures, Inc. Profit Sharing Plan in NH (9 participants, $136K in assets).