Profit Sharing · DOL Form 5500 · 2022

Thomas E. Sears, Inc. Profit Sharing Plan

Data updated 2026-08-25

$25M
Total assets Small plan by assets
26
Participants Small participant base
80th
Percentile by assets National rank
$951,561
Avg per participant High balance/head
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Official DOL plan name: Thomas E. Sears Inc. Profit Sharing Plan · Sponsored by Thomas E. Sears, Inc. · Massachusetts · Finance & Insurance

$25M in assets, 26 participants

Thomas E. Sears, Inc.'s Thomas E. Sears Inc. Profit Sharing Plan reported $25M in total assets and 26 participants in its 2022 DOL Form 5500 filing, ranking in the 80th 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.

  • #6,341 in Finance & Insurance (9,261 peers)

Where Thomas E. Sears Inc. Profit Sharing Plan sits by assets

Thomas E. Sears Inc. Profit Sharing Plan sits in the top quartile of all filed plans by assets, $25M for 26 participants (~$951,561/participant), down 20.5% in 2022.

#6,341
in Finance & Insurance (9,261 peers)
-20.5%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Thomas E. Sears Inc. Profit Sharing Plan's outsized position by total assets

Thomas E. Sears Inc. Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$24,740,595 Top 20% higher than 80% of 139,123 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 2022

Thomas E. Sears Inc. Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Thomas E. Sears Inc. Profit Sharing Plan is a small filing (26 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 041818290 · Thomas E. Sears, Inc. PY 2022 · Profit Sharing

Thomas E. Sears Inc. Profit Sharing Plan · $25M · 26 · 80th

  • PHOTO $25M
  • IND 26
  • EOY 80th
  • 5500 Profit Sharing
  • ASSETS near SEIU Local 503 Retirement Plan
  • PCT ind #6341

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 Massachusetts →

Thomas E. Sears Inc. Profit Sharing Plan in the asset neighbourhood

American Society of Civil Engineers Defined Contribution Retirement PlanAmerican Society of Civil En…$25MSEIU Local 503 Retirement PlanSEIU Local 503 Retirement Pl…$25MThomas E. Sears Inc. Profit Sharing PlanThomas E. Sears Inc. Profit …$25MSnyder Associated Companies Inc Employee Profit Sharing PlanSnyder Associated Companies …$25MLaborers Union Local No. 1174 Annuity FundLaborers Union Local No. 117…$25M
End-of-year total assets ($M) among Thomas E. Sears Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$25M
Net Income-$6M
Employer EIN041818290
Plan Effective Date1957-01-05
Filing StatusFILING RECEIVED

Sponsor Plan History (Thomas E. Sears, Inc.)

Sponsor-wide plan assets over time

All Thomas E. Sears, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 8.830232255934023% vs 2022
2024 filing year
$24M$25M$26M$27M$28M 202220232024 $24.7M $26.9M ▲ +8.9%
Year Plans Participants Total Assets
2022 1 26 $25M
2023 1 25 $26M
2024 1 23 $27M

Nearby Profit Sharing Plans in Massachusetts

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

Thomas E. Sears Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Thomas E. Sears Inc. Profit Sharing Plan, Total assets ($B): 0.024740595 · Participants: 26Thomas E. Sears Inc. Profit Sharing PlanConsolidated 403(b) Program of Mass General Brigham and Member Organizations, Total assets ($B): 12.088048631 · Participants: 74556Consolidated 403(b) Program of Mass General Brigham and Member OrganizationsDemoulas (Restated) Profit Sharing Plan & Trust, Total assets ($B): 0.873013175 · Participants: 12106Demoulas (Restated) Profit Sharing Plan & TrustDana-Farber Cancer Institute Retirement Plan, Total assets ($B): 0.635251544 · Participants: 4216Dana-Farber Cancer Institute Retirement PlanThe Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund, Total assets ($B): 0.573445261 · Participants: 5008The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement FundSheet Metal Workers Local 17 Annuity Income Fund, Total assets ($B): 0.540464451 · Participants: 2153Sheet Metal Workers Local 17 Annuity Income Fund
Thomas E. Sears Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

Thomas E. Sears Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Massachusetts, the nearest Profit Sharing by assets is SEIU Local 503 Retirement Plan in OR ($25M); by covered participants it is Petite Coconut, Inc. Profit Sharing Plan in FL (26 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (26 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Thomas E. Sears Inc. Profit Sharing Plan assets move in 2022?
Thomas E. Sears Inc. Profit Sharing Plan declined sharply - down 20.5% during 2022, from $31M to $25M. Reported net income was -$6M.
How have Thomas E. Sears, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Thomas E. Sears, Inc.'s sponsor-wide assets grew 8.8%, from $25M to $27M.
Where does Thomas E. Sears Inc. Profit Sharing Plan rank by assets among Form 5500 filers?
Thomas E. Sears Inc. Profit Sharing Plan ranks in the 80th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Thomas E. Sears Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is SEIU Local 503 Retirement Plan in OR ($25M, 167 participants).
Which Profit Sharing plans cover a similar participant headcount to Thomas E. Sears Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Petite Coconut, Inc. Profit Sharing Plan in FL (26 participants, $332K in assets).