401(k) · DOL Form 5500 · 2023

Shore Point Distributing Co., Inc. 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
121
Participants Small participant base
76th
Percentile by assets National rank
$200,515
Avg per participant Above avg balance/head
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Official DOL plan name: Shore Point Distributing Employees' Profit Sharing Plan · Sponsored by Shore Point Distributing Co., Inc. · New Jersey · Wholesale Trade

$24M in assets, 121 participants

Shore Point Distributing Co., Inc.'s Shore Point Distributing Employees' Profit Sharing Plan reported $24M in total assets and 121 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #4,679 in Wholesale Trade (6,309 peers)

Coverage in New Jersey

Shore Point Distributing Employees' Profit Sharing Plan covers 121 participants in New Jersey, about 14% of the average New Jersey filer (state average ~844 per filing). Assets: $24M.

#4,679
in Wholesale Trade (6,309 peers)
+11.0%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Shore Point Distributing Employees' Profit Sharing Plan's outsized position by total assets

Shore Point Distributing Employees' Profit Sharing Plan vs every filed plan by assets

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

$24,262,368 Top 24% higher than 76% 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

Shore Point Distributing Employees' Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Shore Point Distributing Employees' Profit Sharing Plan sits mid-pack in the medium band (121 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Shore Point Distributing Employees' Profit Sharing Plan reported net income rose from -$4M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Shore Point Distributing Employees' Profit Sharing Plan end-of-year assets rose from $22M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Shore Point Distributing Employees' Profit Sharing Plan reported participants fell from 127 in the plan year 2022 filing to 121 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 210611286 · Shore Point Distributing Co., Inc. PY 2023 · 401(k)

Shore Point Distributing Employees' Profit Sharing Plan · $24M · 121 · 76th

  • ASSETS $24M
  • PCT 121
  • EIN 76th
  • RANK 401(k)
  • PHOTO near Centric Software, Inc. 401(k) Plan
  • IND ind #4679

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 Wholesale Trade retirement plans → · Plans in New Jersey →

Shore Point Distributing Employees' Profit Sharing Plan in the asset neighbourhood

Energy Trust of Oregon, Inc. Retirement Savings PlanEnergy Trust of Oregon, Inc.…$24MShore Point Distributing Employees' Profit Sharing PlanShore Point Distributing Emp…$24MCentric Software, Inc. 401(k) PlanCentric Software, Inc. 401(k…$24MIce Services, Inc. 401(k) PlanIce Services, Inc. 401(k) Pl…$24MBober, Markey, Fedorovich & Company Thrift/Incentive PlanBober, Markey, Fedorovich & …$24M
End-of-year total assets ($M) among Shore Point Distributing Employees' Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$24M
Net Income$2M
Employer EIN210611286
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shore Point Distributing Co., Inc.)

Sponsor-wide plan assets over time

All Shore Point Distributing Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$44M 29.25913963870429% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $34.3M $44.4M ▲ +29.2%
Year Plans Participants Total Assets
2022 2 256 $34M
2023 2 255 $40M
2024 2 257 $44M

Nearby 401(k) Plans in New Jersey

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Shore Point Distributing Employees' Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Shore Point Distributing Employees' Profit Sharing Plan, Total assets ($B): 0.024262368 · Participants: 121Shore Point Distributing Employees' Profit Sharing PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Shore Point Distributing Employees' Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Shore Point Distributing Employees' Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Centric Software, Inc. 401(k) Plan in CA ($24M); by covered participants it is Redwood School & Rehabilitation Center, Inc. 401(k) Plan in OH (121 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (121 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 Shore Point Distributing Employees' Profit Sharing Plan assets move in 2023?
Shore Point Distributing Employees' Profit Sharing Plan grew at a solid clip - up 11.0% during 2023, from $22M to $24M. Reported net income was $2M.
How have Shore Point Distributing Co., Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Shore Point Distributing Co., Inc.'s sponsor-wide assets grew 29.3%, from $34M to $44M.
Where does Shore Point Distributing Employees' Profit Sharing Plan rank by assets among Form 5500 filers?
Shore Point Distributing Employees' Profit Sharing Plan ranks in the 76th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Shore Point Distributing Employees' Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Centric Software, Inc. 401(k) Plan in CA ($24M, 210 participants).
Which 401(k) plans cover a similar participant headcount to Shore Point Distributing Employees' Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Redwood School & Rehabilitation Center, Inc. 401(k) Plan in OH (121 participants, N/A in assets).