401(k) · DOL Form 5500 · 2023

Demakes Enterprises, Inc. 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
381
Participants Below avg headcount
68th
Percentile by assets National rank
$41,668
Avg per participant Low balance/head
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Official DOL plan name: Demakes Enterprises Profit Sharing Plan · Sponsored by Demakes Enterprises, Inc. · Massachusetts · Manufacturing

$16M in assets, 381 participants

Demakes Enterprises, Inc.'s Demakes Enterprises Profit Sharing Plan reported $16M in total assets and 381 participants in its 2023 DOL Form 5500 filing, ranking in the 68th 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.

  • #10,659 in Manufacturing (18,722 peers)

Demakes Enterprises, Inc. multi-year trail

Demakes Enterprises, Inc.'s plans moved +25.8% in assets from 2022 to 2024; this filing shows Demakes Enterprises Profit Sharing Plan at $16M / 381 participants.

#10,659
in Manufacturing (18,722 peers)
+15.1%
assets growth YoY

Demakes Enterprises Profit Sharing Plan's outsized position by total assets

Demakes Enterprises Profit Sharing Plan vs every filed plan by assets

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

$15,875,539 Top 32% higher than 68% 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

Demakes Enterprises 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. Demakes Enterprises Profit Sharing Plan sits mid-pack in the medium band (381 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Demakes Enterprises Profit Sharing Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Demakes Enterprises Profit Sharing Plan end-of-year assets rose from $14M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Demakes Enterprises Profit Sharing Plan reported participants fell from 387 in the plan year 2022 filing to 381 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 042549910 · Demakes Enterprises, Inc. PY 2023 · 401(k)

Demakes Enterprises Profit Sharing Plan · $16M · 381 · 68th

  • PCT $16M
  • PCT 381
  • PCT 68th
  • PCT 401(k)
  • PCT near Lewis Communications, Inc. 401(k) Profit Sharing Plan
  • PCT ind #10659

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 Manufacturing retirement plans → · Plans in Massachusetts →

Demakes Enterprises Profit Sharing Plan in the asset neighbourhood

Demakes Enterprises Profit Sharing PlanDemakes Enterprises Profit S…$16MLewis Communications, Inc. 401(k) Profit Sharing PlanLewis Communications, Inc. 4…$16MLynch Livestock, Inc. 401(k) Profit Sharing PlanLynch Livestock, Inc. 401(k)…$16MDorvin Leis 401(k) Plan 1$16MLanai Resorts 401(k) Plan$16M
End-of-year total assets ($M) among Demakes Enterprises Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Demakes Enterprises, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Demakes Enterprises, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$17M 25.827111853509738% vs 2022
2024 filing year
$12M$14M$16M$18M 202220232024 $13.8M $17.4M ▲ +25.8%
Year Plans Participants Total Assets
2022 1 387 $14M
2023 1 381 $16M
2024 1 433 $17M

Demakes Enterprises, Inc. filing trail (2023)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$16M
Net Income$2M
Employer EIN042549910
Plan Effective Date1985-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Massachusetts

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

Demakes Enterprises Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Demakes Enterprises Profit Sharing Plan, Total assets ($B): 0.015875539 · Participants: 381Demakes Enterprises Profit Sharing PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Demakes Enterprises Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Demakes Enterprises Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Lewis Communications, Inc. 401(k) Profit Sharing Plan in AL ($16M); by covered participants it is Feeding America 401(k) Plan in IL (381 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($16M here).

Similar participant headcount

Nearest other-state filings by covered participants (381 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 Demakes Enterprises Profit Sharing Plan assets move in 2023?
Demakes Enterprises Profit Sharing Plan grew sharply - up 15.1% during 2023, from $14M to $16M. Reported net income was $2M.
How have Demakes Enterprises, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Demakes Enterprises, Inc.'s sponsor-wide assets grew 25.8%, from $14M to $17M.
Which 401(k) plans are similar in size to Demakes Enterprises Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Lewis Communications, Inc. 401(k) Profit Sharing Plan in AL ($16M, 92 participants).
Which 401(k) plans cover a similar participant headcount to Demakes Enterprises Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Feeding America 401(k) Plan in IL (381 participants, $64M in assets).