Profit Sharing · DOL Form 5500 · 2023

Frank Mayborn Enterprises, Inc Profit Sharing Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
93
Participants Small participant base
33rd
Percentile by assets National rank
$27,308
Avg per participant Low balance/head
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Official DOL plan name: Mayborn Enterprises Thrift Incentive Plan and Trust · Sponsored by Frank Mayborn Enterprises, Inc · Texas · Information & Media

$3M in assets, 93 participants

Frank Mayborn Enterprises, Inc's Mayborn Enterprises Thrift Incentive Plan and Trust reported $3M in total assets and 93 participants in its 2023 DOL Form 5500 filing, ranking in the 33rd 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.

  • #517 in Information & Media (2,818 peers)

2023 asset change

Mayborn Enterprises Thrift Incentive Plan and Trust grew at a solid clip 9.3% in 2023 ($2M → $3M) for 93 participants.

#517
in Information & Media (2,818 peers)
+9.3%
assets growth YoY

Mayborn Enterprises Thrift Incentive Plan and Trust among the smaller filed plans by assets

Mayborn Enterprises Thrift Incentive Plan and Trust vs every filed plan by assets

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

$2,539,613 33rd percentile higher than 33% 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

Mayborn Enterprises Thrift Incentive Plan and Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mayborn Enterprises Thrift Incentive Plan and Trust is a small filing (93 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mayborn Enterprises Thrift Incentive Plan and Trust reported net income rose from -$680K in the plan year 2022 filing to $215K in the plan year 2023 filing.
  • Mayborn Enterprises Thrift Incentive Plan and Trust reported participants rose from 61 in the plan year 2022 filing to 93 in the plan year 2023 filing.
  • Mayborn Enterprises Thrift Incentive Plan and Trust end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 742008402 · Frank Mayborn Enterprises, Inc PY 2023 · Profit Sharing

Mayborn Enterprises Thrift Incentive Plan and Trust · $3M · 93 · 33rd

  • PART $3M
  • TYPE 93
  • NET 33rd
  • BOOK Profit Sharing
  • VS-ST near The Kaufman Law Group Profit Sharing Plan
  • BOY ind #517

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 Information & Media retirement plans → · Plans in Texas →

Mayborn Enterprises Thrift Incentive Plan and Trust in the asset neighbourhood

Mayborn Enterprises Thrift Incentive Plan and TrustMayborn Enterprises Thrift I…$3MThe Kaufman Law Group Profit Sharing PlanThe Kaufman Law Group Profit…$3MPerfetto Vita, Inc. Retirement PlanPerfetto Vita, Inc. Retireme…$3MGuggenheim Asher Associates Inc Profit Sharing PlanGuggenheim Asher Associates …$3MHmri Retirement Plan$3M
End-of-year total assets ($M) among Mayborn Enterprises Thrift Incentive Plan and Trust and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Frank Mayborn Enterprises, Inc years around the 2023 move

Sponsor-wide plan assets over time

All Frank Mayborn Enterprises, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$2M 3.8330645372915253% vs 2022
2024 filing year
$2.2M$2.3M$2.4M$2.5M$2.6M 202220232024 $2.32M $2.24M ▼ -3.4%
Year Plans Participants Total Assets
2022 1 61 $2M
2023 1 93 $3M
2024 1 47 $2M

2023 asset-move particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$215K
Employer EIN742008402
Plan Effective Date1959-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Texas

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

Mayborn Enterprises Thrift Incentive Plan and Trust vs. nearby Profit Sharing plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -202468 Total assets ($B) Participants Mayborn Enterprises Thrift Incentive Plan and Trust, Total assets ($B): 0.002539613 · Participants: 93Mayborn Enterprises Thrift Incentive Plan and TrustSouthwest 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
Mayborn Enterprises Thrift Incentive Plan and Trust vs. nearby Profit Sharing plans in Texas, assets vs. participants

Mayborn Enterprises Thrift Incentive Plan and Trust's out-of-state Profit Sharing peers by assets and headcount

Outside Texas, the nearest Profit Sharing by assets is The Kaufman Law Group Profit Sharing Plan in CA ($3M); by covered participants it is Teamsters Joint Council No. 41 Severance Plan in OH (93 participants). Same-state nearby plans are listed separately above.

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 Mayborn Enterprises Thrift Incentive Plan and Trust assets move in 2023?
Mayborn Enterprises Thrift Incentive Plan and Trust grew at a solid clip - up 9.3% during 2023, from $2M to $3M. Reported net income was $215K.
How have Frank Mayborn Enterprises, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Frank Mayborn Enterprises, Inc's sponsor-wide assets declined 3.8%, from $2M to $2M.
Which Profit Sharing plans are similar in size to Mayborn Enterprises Thrift Incentive Plan and Trust?
Among Profit Sharing plans in other states, the closest by assets is The Kaufman Law Group Profit Sharing Plan in CA ($3M, 3 participants).
Which Profit Sharing plans cover a similar participant headcount to Mayborn Enterprises Thrift Incentive Plan and Trust?
Among Profit Sharing plans in other states, the closest by covered participants is Teamsters Joint Council No. 41 Severance Plan in OH (93 participants, $4M in assets).