Profit Sharing · DOL Form 5500 · 2023

Driggers, Schultz & Herbst, P.C. Profit Sharing Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
12
Participants Small participant base
60th
Percentile by assets National rank
$899,020
Avg per participant High balance/head
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Official DOL plan name: Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. · Sponsored by Driggers, Schultz & Herbst, P.C. · Michigan · Professional & Technical Services

$11M in assets, 12 participants

Driggers, Schultz & Herbst, P.C.'s Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. reported $11M in total assets and 12 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • #11,998 in Professional & Technical Services (20,321 peers)

Driggers, Schultz & Herbst, P.C. multi-year trail

Driggers, Schultz & Herbst, P.C.'s plans moved +31.1% in assets from 2022 to 2024; this filing shows Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. at $11M / 12 participants.

#11,998
in Professional & Technical Services (20,321 peers)
+18.0%
assets growth YoY

Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C.'s mid-pack asset rank among Professional & Technical Services and all filers

Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. vs every filed plan by assets

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

$10,788,241 Top 40% higher than 60% 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

Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. is a small filing (12 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. reported net income rose from -$637K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. end-of-year assets rose from $9M in the plan year 2022 filing to $11M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 382396913 · Driggers, Schultz & Herbst, P.C. PY 2023 · Profit Sharing

Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. · $11M · 12 · 60th

  • TYPE $11M
  • TYPE 12
  • TYPE 60th
  • TYPE Profit Sharing
  • TYPE near Pier, Fine Associates Profit Sharing Plan
  • TYPE ind #11998

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 Professional & Technical Services retirement plans → · Plans in Michigan →

Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. in the asset neighbourhood

Wesbury United Methodist Community Retirement Savings PlanWesbury United Methodist Com…$11MProfit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C.Profit Sharing Plan & Trust …$11MPier, Fine Associates Profit Sharing PlanPier, Fine Associates Profit…$11MThe Rf & F Employee Profit Sharing PlanThe Rf & F Employee Profit S…$11MFlexospan Steel Buildings, Inc Profit Sharing PlanFlexospan Steel Buildings, I…$11M
End-of-year total assets ($M) among Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Driggers, Schultz & Herbst, P.C. multi-year asset trail

Sponsor-wide plan assets over time

All Driggers, Schultz & Herbst, P.C. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 31.08845737515201% vs 2022
2024 filing year
$8M$9M$10M$11M$12M$13M 202220232024 $9.14M $12M ▲ +31.2%
Year Plans Participants Total Assets
2022 1 12 $9M
2023 1 12 $11M
2024 1 12 $12M

Driggers, Schultz & Herbst, P.C. filing trail (2023)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN382396913
Plan Effective Date1968-09-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Michigan

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

Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.52 Total assets ($B) Participants Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C., Total assets ($B): 0.010788241 · Participants: 12Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C.Henry Ford Health System Retirement Savings Plan, Total assets ($B): 1.723538402 · Participants: 14349Henry Ford Health System Retirement Savings PlanConstruction Industry Retirement Fund of Rockford, Total assets ($B): 0.564072893 · Participants: 10685Construction Industry Retirement Fund of RockfordOhio Carpenters' Annuity Plan, Total assets ($B): 0.409857897 · Participants: 9314Ohio Carpenters' Annuity PlanHemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan, Total assets ($B): 0.288437417 · Participants: 1404Hemlock Semiconductor Operations LLC Employees' Capital Accumulation PlanNECA-IBEW Memphis Retirement Plan, Total assets ($B): 0.213370381 · Participants: 2389NECA-IBEW Memphis Retirement Plan
Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C.'s out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is Pier, Fine Associates Profit Sharing Plan in NY ($11M); by covered participants it is Watering Lane Ventures, Inc. Profit Sharing Plan in NH (12 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (12 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 Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. assets move in 2023?
Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. grew sharply - up 18.0% during 2023, from $9M to $11M. Reported net income was $2M.
How have Driggers, Schultz & Herbst, P.C. plan assets changed over time?
Across 3 plan years on file (2022-2024), Driggers, Schultz & Herbst, P.C.'s sponsor-wide assets grew 31.1%, from $9M to $12M.
Which Profit Sharing plans are similar in size to Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C.?
Among Profit Sharing plans in other states, the closest by assets is Pier, Fine Associates Profit Sharing Plan in NY ($11M, 6 participants).
Which Profit Sharing plans cover a similar participant headcount to Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C.?
Among Profit Sharing plans in other states, the closest by covered participants is Watering Lane Ventures, Inc. Profit Sharing Plan in NH (12 participants, $389K in assets).