Profit Sharing · DOL Form 5500 · 2023

Drs. Farkas, Kassalow, Resnick and Associates, P.C. Profit Sharing Plan

Data updated 2026-08-11

$8M
Total assets
26
Participants
53rd
Percentile by assets
$300,691
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Drs. Farkas, Kassalow, Resnick and Associates, P.C. Profit Sharing Plan · Sponsored by Drs. Farkas, Kassalow, Resnick and Associates, P.C. · New York · Healthcare & Social Assistance

$8M in assets, 26 participants

Drs. Farkas, Kassalow, Resnick and Associates, P.C.'s Drs. Farkas, Kassalow, Resnick and Associates, P.C. Profit Sharing Plan reported $8M in total assets and 26 participants in its 2023 DOL Form 5500 filing, ranking in the 53rd 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.

  • 53rd percentile by assets (of 127,072 plans)
  • #10,402 in Healthcare & Social Assistance (17,684 peers)

Drs. Farkas, Kassalow, Resnick and Associates, P.C. multi-year trail

Drs. Farkas, Kassalow, Resnick and Associates, P.C.'s plans moved +12.1% in assets from 2022 to 2024; this filing shows Drs. Farkas, Kassalow, Resnick and Associates, P.C. Profit Sharing Plan at $8M / 26 participants.

$8M
total plan assets (2023 EOY)
26
covered participants
53rd
percentile by assets (of 127,072 plans)
$300,691
avg assets per participant

Where Drs. Farkas, Kassalow, Resnick and Associates, P.C. Profit Sharing Plan sits by total assets

Drs. Farkas, Kassalow, Resnick and Associates, P.C. Profit Sharing Plan vs every filed plan by assets

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

$7,817,964 Top 47% higher than 53% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Drs. Farkas, Kassalow, Resnick and Associates, P.C. Profit Sharing Plan reported net income rose from -$1M in the plan year 2022 filing to $236K in the plan year 2023 filing.
  • Drs. Farkas, Kassalow, Resnick and Associates, P.C. Profit Sharing Plan reported participants rose from 24 in the plan year 2022 filing to 26 in the plan year 2023 filing.
  • Drs. Farkas, Kassalow, Resnick and Associates, P.C. Profit Sharing Plan end-of-year assets rose from $8M in the plan year 2022 filing to $8M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Drs. Farkas, Kassalow, Resnick and Associates, P.C. across 3 plan years on file

Across the 3 plan years Drs. Farkas, Kassalow, Resnick and Associates, P.C. has on file (2022-2024), sponsor-wide plan assets have moved from $8M to $8M, a gain of 12.1%, while reported participants moved from 24 to 28 (+16.7%). Peak year by sponsor assets: 2024 ($8M); trough: 2022 ($8M).

Drs. Farkas, Kassalow, Resnick and Associates, P.C. multi-year asset trail

$7M$7.5M$8M$8.5M$9M 202220232024 $7.58M $8.5M ▲ +12.1%
Total plan assets by year, all Drs. Farkas, Kassalow, Resnick and Associates, P.C. plans on file
Year Plans Participants Total Assets
2022 1 24 $8M
2023 1 26 $8M
2024 1 28 $8M

Drs. Farkas, Kassalow, Resnick and Associates, P.C. filing trail (2023)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$8M
Net Income$236K
Employer EIN132770979
Plan Effective Date1976-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in New York

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

Drs. Farkas, Kassalow, Resnick and Associates, P.C. 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 ($B) Participants Drs. Farkas, Kassalo…, Total assets ($B): 0.007817964 · Participants: 26Drs. Farkas, Kassalo…Annuity Plan of the …, Total assets ($B): 2.210433172 · Participants: 18907Annuity Plan of the …Annuity Fund Iuoe Lo…, Total assets ($B): 1.870067356 · Participants: 3402Annuity Fund Iuoe Lo…Annuity Fd of the Iu…, Total assets ($B): 1.660408686 · Participants: 5807Annuity Fd of the Iu…The Research Foundat…, Total assets ($B): 1.177491602 · Participants: 10120The Research Foundat…Mason Tenders Distri…, Total assets ($B): 0.912972009 · Participants: 11237Mason Tenders Distri…
Drs. Farkas, Kassalow, Resnick and Associates, P.C. Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Drs. Farkas, Kassalow, Resnick and Associates, P.C. Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Drs. Farkas, Kassalow, Resnick and Associates, P.C. Profit Sharing Plan assets move in 2023?
Drs. Farkas, Kassalow, Resnick and Associates, P.C. Profit Sharing Plan edged up modestly - up 3.1% during 2023, from $8M to $8M. Reported net income was $236K.
How have Drs. Farkas, Kassalow, Resnick and Associates, P.C. plan assets changed over time?
Across 3 plan years on file (2022-2024), Drs. Farkas, Kassalow, Resnick and Associates, P.C.'s sponsor-wide assets grew 12.1%, from $8M to $8M.
Which Profit Sharing plans are similar in size to Drs. Farkas, Kassalow, Resnick and Associates, P.C. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Life, Inc. Retirement Plan and Trust in NC ($8M, 417 participants).

Next read for Drs. Farkas, Kassalow, Resnick and Assoc…

Multi-year trail

Ways to act on Drs. Farkas, Kassalow, Resnick and Associates, P.C. Profit Sharing Plan's numbers.