Profit Sharing · DOL Form 5500 · 2023

Thomas E. Sears Inc. Profit Sharing Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
25
Participants Small participant base
77th
Percentile by assets National rank
$1.0M
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

$26M in assets, 25 participants

Thomas E. Sears Inc.'s Thomas E. Sears Inc. Profit Sharing Plan reported $26M in total assets and 25 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • #5,736 in Finance & Insurance (8,869 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, $26M for 25 participants (~$1.0M/participant), up 3.2% in 2023.

#5,736
in Finance & Insurance (8,869 peers)
+3.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$25,537,646 Top 23% higher than 77% 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

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

Plan-year 2023 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 (25 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Thomas E. Sears Inc. Profit Sharing Plan reported net income rose from -$6M in the plan year 2022 filing to $797K in the plan year 2023 filing.
  • Thomas E. Sears Inc. Profit Sharing Plan reported participants fell from 26 in the plan year 2022 filing to 25 in the plan year 2023 filing.
  • Thomas E. Sears Inc. Profit Sharing Plan end-of-year assets rose from $25M in the plan year 2022 filing to $26M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 041818290 · Thomas E. Sears Inc. PY 2023 · Profit Sharing

Thomas E. Sears Inc. Profit Sharing Plan · $26M · 25 · 77th

  • EOY $26M
  • EOY 25
  • EOY 77th
  • EOY Profit Sharing
  • EOY near Orohealth Corporation Retirement Plan
  • EOY ind #5736

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

Oregon Catholic Press 403(b) PlanOregon Catholic Press 403(b)…$26MThomas E. Sears Inc. Profit Sharing PlanThomas E. Sears Inc. Profit …$26MOrohealth Corporation Retirement PlanOrohealth Corporation Retire…$26MMemorial Health System Hospitals Defined Contribution PlanMemorial Health System Hospi…$25MSobel Medical Consultants, PC Profit Sharing PlanSobel Medical Consultants, P…$25M
End-of-year total assets ($M) among Thomas E. Sears Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$26M
Net Income$797K
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 -505101520 Total assets ($B) Participants Thomas E. Sears Inc. Profit Sharing Plan, Total assets ($B): 0.025537646 · Participants: 25Thomas E. Sears Inc. Profit Sharing PlanConsolidated 403(b) Program of Mass General Brigham and Member Organizations, Total assets ($B): 14.924829262 · Participants: 74212Consolidated 403(b) Program of Mass General Brigham and Member OrganizationsDemoulas (Restated) Profit Sharing Plan & Trust, Total assets ($B): 1.003886994 · Participants: 12622Demoulas (Restated) Profit Sharing Plan & TrustDana-Farber Cancer Institute Retirement Plan, Total assets ($B): 0.788456235 · Participants: 4630Dana-Farber Cancer Institute Retirement PlanThe Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund, Total assets ($B): 0.679151027 · Participants: 6360The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement FundSheet Metal Workers Local 17 Annuity Income Fund, Total assets ($B): 0.616742666 · Participants: 2868Sheet 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 Orohealth Corporation Retirement Plan in CA ($26M); by covered participants it is Plumbing, Piping & Construction, Inc. Profit Sharing Plan in CA (25 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (25 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 Thomas E. Sears Inc. Profit Sharing Plan assets move in 2023?
Thomas E. Sears Inc. Profit Sharing Plan edged up modestly - up 3.2% during 2023, from $25M to $26M. Reported net income was $797K.
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 77th 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 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 Orohealth Corporation Retirement Plan in CA ($26M, 1,608 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 Plumbing, Piping & Construction, Inc. Profit Sharing Plan in CA (25 participants, $13M in assets).