Profit Sharing · DOL Form 5500 · 2023

Backenroth Frankel & Krinsky LLP Profit Sharing Plan

Data updated 2026-08-11

$4M
Total assets: 5
Participants: 41st
Percentile by assets: $854,907
Avg per participant

Official DOL plan name: Backenroth Frankel & Krinsky LLP Profit Sharing Plan & Trust · Sponsored by Backenroth Frankel & Krinsky LLP · New York · Professional & Technical Services

$4M in assets, 5 participants

Backenroth Frankel & Krinsky LLP's Backenroth Frankel & Krinsky LLP Profit Sharing Plan & Trust reported $4M in total assets and 5 participants in its 2023 DOL Form 5500 filing, ranking in the 41st 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.

41st percentile by assets (of 127,072 plans)
#7,913 in Professional & Technical Services (20,321 peers)

Backenroth Frankel & Krinsky LLP multi-year trail

Backenroth Frankel & Krinsky LLP's plans moved +12.9% in assets from 2022 to 2024; this filing shows Backenroth Frankel & Krinsky LLP Profit Sharing Plan & Trust at $4M / 5 participants.

$4M
total plan assets (2023 EOY): 5
covered participants: 41st
percentile by assets (of 127,072 plans): $854,907
avg assets per participant

The plan reported a net loss of $176K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Backenroth Frankel & Krinsky LLP Profit Sharing Plan & Trust reported net income rose from -$696K in the plan year 2022 filing to -$176K in the plan year 2023 filing.
Backenroth Frankel & Krinsky LLP Profit Sharing Plan & Trust reported participants fell from 6 in the plan year 2022 filing to 5 in the plan year 2023 filing.
Backenroth Frankel & Krinsky LLP Profit Sharing Plan & Trust end-of-year assets fell from $4M in the plan year 2022 filing to $4M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

New York

Industry

Professional & Technical Services

Backenroth Frankel & Krinsky LLP across 3 plan years on file

Across the 3 plan years Backenroth Frankel & Krinsky LLP has on file (2022-2024), sponsor-wide plan assets have moved from $4M to $5M, a gain of 12.9%, while reported participants moved from 6 to 4 (-33.3%). Peak year by sponsor assets: 2024 ($5M); trough: 2023 ($4M).

Backenroth Frankel & Krinsky LLP multi-year asset trail

Total plan assets by year, all Backenroth Frankel & Krinsky LLP plans on file

Year	Plans	Participants	Total Assets
2022	1	6	$4M
2023	1	5	$4M
2024	1	4	$5M

Backenroth Frankel & Krinsky LLP filing trail (2023)

Total Assets (Beginning of Year)	$4M
Net Assets (End of Year)	$4M
Net Income	-$176K
Employer EIN	133591276
Plan Effective Date	1991-01-01
Filing Status	FILING RECEIVED

Nearby Profit Sharing Plans in New York

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

Backenroth Frankel & Krinsky LLP Profit Sharing Plan & Trust vs. nearby Profit Sharing plans in New York, assets vs. participants

Annuity Plan of the Electrical Industry $2.2B · 18,907
Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO $1.9B · 3,402
Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO $1.7B · 5,807
The Research Foundation for Suny Retirement Plan $1.2B · 10,120
Mason Tenders District Council Annuity Fund $913M · 11,237

Compare Backenroth Frankel & Krinsky LLP Profit … side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Backenroth Frankel & Krinsky LLP Profit Sharing Plan & Trust by total assets, not by location.

David Lebenbom, P.C., Standard Prototype Profit Sharing Plan&trust (MI) $4M · 3
Job Haines Home Retirement Plan (NJ) $4M · 193
Maxi-Blast of Florida, Inc. Profit Sharing Plan (FL) $4M · 8
Community Workshop Training Center 403(b) Plan (IL) $4M · 107

Frequently Asked Questions

How did Backenroth Frankel & Krinsky LLP Profit Sharing Plan & Trust assets move in 2023? ▼

Backenroth Frankel & Krinsky LLP Profit Sharing Plan & Trust edged down modestly - down 3.9% during 2023, from $4M to $4M. Reported net income was -$176K.

How have Backenroth Frankel & Krinsky LLP plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Backenroth Frankel & Krinsky LLP's sponsor-wide assets grew 12.9%, from $4M to $5M.

Which Profit Sharing plans are similar in size to Backenroth Frankel & Krinsky LLP Profit Sharing Plan & Trust? ▼

Among Profit Sharing plans in other states, the closest by assets is David Lebenbom, P.C., Standard Prototype Profit Sharing Plan&trust in MI ($4M, 3 participants).

Next read for Backenroth Frankel & Krinsky LLP Profit …

Multi-year trail

Ways to act on Backenroth Frankel & Krinsky LLP Profit Sharing Plan & Trust's numbers.

By total assets, Backenroth Frankel & Krinsky LLP Profit Sharing Plan & Trust ranks in the lower half of filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in New York. Compare plans
Backenroth Frankel & Krinsky LLP's sponsor-wide assets have grown 12.9% since 2022 across 3 plan years on file. More Professional & Technical Services plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 133591276.