Profit Sharing · DOL Form 5500 · 2023

Abilities First, Inc. Profit Sharing Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
98
Participants Small participant base
44th
Percentile by assets National rank
$50,979
Avg per participant Low balance/head
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Official DOL plan name: Abilities First, Inc. Profit Sharing Plan · Sponsored by Abilities First, Inc. · New York · Healthcare & Social Assistance

$5M in assets, 98 participants

Abilities First, Inc.'s Abilities First, Inc. Profit Sharing Plan reported $5M in total assets and 98 participants in its 2023 DOL Form 5500 filing, ranking in the 44th 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.

  • #8,539 in Healthcare & Social Assistance (17,684 peers)

Abilities First, Inc. multi-year trail

Abilities First, Inc.'s plans moved +15.5% in assets from 2022 to 2024; this filing shows Abilities First, Inc. Profit Sharing Plan at $5M / 98 participants.

#8,539
in Healthcare & Social Assistance (17,684 peers)
+7.4%
assets growth YoY

Abilities First, Inc. Profit Sharing Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Abilities First, Inc. Profit Sharing Plan vs every filed plan by assets

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

$4,995,902 44th percentile higher than 44% 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

Abilities First, 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. Abilities First, Inc. Profit Sharing Plan is a small filing (98 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Abilities First, Inc. Profit Sharing Plan reported net income rose from -$880K in the plan year 2022 filing to $343K in the plan year 2023 filing.
  • Abilities First, Inc. Profit Sharing Plan reported participants fell from 106 in the plan year 2022 filing to 98 in the plan year 2023 filing.
  • Abilities First, Inc. Profit Sharing Plan end-of-year assets rose from $5M in the plan year 2022 filing to $5M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 141467427 · Abilities First, Inc. PY 2023 · Profit Sharing

Abilities First, Inc. Profit Sharing Plan · $5M · 98 · 44th

  • NET $5M
  • NET 98
  • NET 44th
  • NET Profit Sharing
  • NET near Forestville Lumber Co., Inc. Profit-Sharing Plan & Trust
  • NET ind #8539

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 Healthcare & Social Assistance retirement plans → · Plans in New York →

Abilities First, Inc. Profit Sharing Plan in the asset neighbourhood

Abilities First, Inc. Profit Sharing PlanAbilities First, Inc. Profit…$5MFoot Care Associates P.a. Money Purchase Pension PlanFoot Care Associates P.a. Mo…$5MMason & Martin Profit Sharing PlanMason & Martin Profit Sharin…$5MPremier Storage Concepts, Inc. Retirement PlanPremier Storage Concepts, In…$5MForestville Lumber Co., Inc. Profit-Sharing Plan & TrustForestville Lumber Co., Inc.…$5M
End-of-year total assets ($M) among Abilities First, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Abilities First, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Abilities First, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$13M 15.517384758295464% vs 2022
2024 filing year
$10M$11M$12M$13M 202220232024 $11M $12.7M ▲ +15.5%
Year Plans Participants Total Assets
2022 2 438 $11M
2023 2 423 $12M
2024 2 299 $13M

Abilities First, Inc. filing trail (2023)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income$343K
Employer EIN141467427
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in New York

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

Abilities First, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.522.5 Total assets ($B) Participants Abilities First, Inc. Profit Sharing Plan, Total assets ($B): 0.004995902 · Participants: 98Abilities First, Inc. Profit Sharing PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 2.210433172 · Participants: 18907Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 1.870067356 · Participants: 3402Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.660408686 · Participants: 5807Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for Suny Retirement Plan, Total assets ($B): 1.177491602 · Participants: 10120The Research Foundation for Suny Retirement PlanMason Tenders District Council Annuity Fund, Total assets ($B): 0.912972009 · Participants: 11237Mason Tenders District Council Annuity Fund
Abilities First, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Abilities First, Inc. Profit Sharing Plan side-by-side with 3 peers →

Abilities First, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Forestville Lumber Co., Inc. Profit-Sharing Plan & Trust in CT ($5M); by covered participants it is Flynn Enterprises LLC Restated Profit Sharing Plan in KY (98 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (98 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 Abilities First, Inc. Profit Sharing Plan assets move in 2023? ▼
Abilities First, Inc. Profit Sharing Plan grew at a solid clip - up 7.4% during 2023, from $5M to $5M. Reported net income was $343K.
How have Abilities First, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Abilities First, Inc.'s sponsor-wide assets grew 15.5%, from $11M to $13M.
Which Profit Sharing plans are similar in size to Abilities First, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Forestville Lumber Co., Inc. Profit-Sharing Plan & Trust in CT ($5M, 20 participants).
Which Profit Sharing plans cover a similar participant headcount to Abilities First, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Flynn Enterprises LLC Restated Profit Sharing Plan in KY (98 participants, $2M in assets).

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 141467427.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.