Profit Sharing · DOL Form 5500 · 2023
Kitchell Corporation Profit Sharing Plan
Data updated 2026-08-11
- $55M
- Total assets
- 543
- Participants
- 86th
- Percentile by assets
- $100,447
- Avg per participant
Official DOL plan name: Kitchell Affiliates Employees' Profit Sharing Plan · Sponsored by Kitchell Corporation · Arizona · Construction
$55M in assets, 543 participants
Kitchell Corporation's Kitchell Affiliates Employees' Profit Sharing Plan reported $55M in total assets and 543 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.
- 86th percentile by assets (of 127,072 plans)
- #7,605 in Construction (9,030 peers)
Where Kitchell Affiliates Employees' Profit Sharing Plan sits by assets
Kitchell Affiliates Employees' Profit Sharing Plan sits in the top quartile of all filed plans by assets, $55M for 543 participants (~$100,447/participant), down 24.1% in 2023.
- $55M
- total plan assets (2023 EOY)
- 543
- covered participants
- 86th
- percentile by assets (of 127,072 plans)
- $100,447
- avg assets per participant
The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Kitchell Affiliates Employees' Profit Sharing Plan reported net income fell from $7M in the plan year 2022 filing to -$17M in the plan year 2023 filing.
- Kitchell Affiliates Employees' Profit Sharing Plan end-of-year assets fell from $72M in the plan year 2022 filing to $55M in the plan year 2023 filing.
- Kitchell Affiliates Employees' Profit Sharing Plan reported participants fell from 558 in the plan year 2022 filing to 543 in the plan year 2023 filing.
Kitchell Affiliates Employees' Profit Sharing Plan vs the 2023 asset distribution
By assets, Kitchell Affiliates Employees' Profit Sharing Plan outranks 86% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $72M |
|---|---|
| Net Assets (End of Year) | $55M |
| Net Income | -$17M |
| Employer EIN | 860181400 |
| Plan Effective Date | 1995-12-21 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Kitchell Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,337 | $138M |
| 2023 | 2 | 1,311 | $132M |
| 2024 | 2 | 1,288 | $154M |
Nearby Profit Sharing Plans in Arizona
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Kitchell Affiliates Employees' Profit Sharing Plan vs. nearby Profit Sharing plans in Arizona, assets vs. participants
- Food & Beverage Workers Union Local 23 & Employers Pension Plan $44M · 1,680
- M R Sheet Metal Mfg Inc Profit Sharing Plan Trust $38M · 26
- Marana Health Center, Inc. 403b Plan $28M · 725
- Center for Biological Diversity 403(b) DC Plan $26M · 180
- Sobel Medical Consultants, PC Profit Sharing Plan $25M · 20
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Kitchell Affiliates Employees' Profit Sharing Plan by total assets, not by location.
- International City/County Management Association Retirement Plan (DC) $54M · 91
- American Type Culture Collection Defined Contribution Retirement 401a (VA) $55M · 609
- Kazan, Mcclain, Satterley and Greenwood, a Professional Law Corporation Profit Sharing Plan (CA) $55M · 64
- National Church Residences 3-4-5 401(a) Retirement Plan (OH) $55M · 2,337
Frequently Asked Questions
How did Kitchell Affiliates Employees' Profit Sharing Plan assets move in 2023? ▼
How have Kitchell Corporation plan assets changed over time? ▼
Where does Kitchell Affiliates Employees' Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Kitchell Affiliates Employees' Profit Sharing Plan? ▼
Next read for Kitchell Affiliates Employees' Profit Sh…
Scale reading
Ways to act on Kitchell Affiliates Employees' Profit Sharing Plan's numbers.
- By total assets, Kitchell Affiliates Employees' Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Arizona. Compare plans
- Kitchell Corporation's sponsor-wide assets have grown 11.6% since 2022 across 3 plan years on file. More Construction plans