Profit Sharing · DOL Form 5500 · 2023

Able Sales Co. Inc. Profit Sharing Plan

Data updated 2026-08-11

$8M
Total assets
223
Participants
53rd
Percentile by assets
$35,103
Avg per participant
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Official DOL plan name: Able Sales Co. Inc. Savings and Investment Plan · Sponsored by Able Sales Co. Inc. · Puerto Rico · Wholesale Trade

$8M in assets, 223 participants

Able Sales Co. Inc.'s Able Sales Co. Inc. Savings and Investment Plan reported $8M in total assets and 223 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)
  • #2,764 in Wholesale Trade (6,309 peers)

Coverage in Puerto Rico

Able Sales Co. Inc. Savings and Investment Plan covers 223 participants in Puerto Rico, 2.5x the typical Puerto Rico plan (state average ~89 per filing). Assets: $8M.

$8M
total plan assets (2023 EOY)
223
covered participants
53rd
percentile by assets (of 127,072 plans)
$35,103
avg assets per participant

Where Able Sales Co. Inc. Savings and Investment Plan sits by total assets

Able Sales Co. Inc. Savings and Investment Plan vs every filed plan by assets

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

$7,827,961 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

  • Able Sales Co. Inc. Savings and Investment Plan reported net income rose from -$1M in the plan year 2022 filing to $781K in the plan year 2023 filing.
  • Able Sales Co. Inc. Savings and Investment Plan reported participants rose from 196 in the plan year 2022 filing to 223 in the plan year 2023 filing.
  • Able Sales Co. Inc. Savings and Investment Plan end-of-year assets rose from $7M in the plan year 2022 filing to $8M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Puerto Rico filers

In Puerto Rico, the average filing covers about 89 participants across 1,924 plans. Able Sales Co. Inc. Savings and Investment Plan reports 223 participants - 2.5x that state average ($8M EOY assets).

Puerto Rico filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$781K
Employer EIN660320315
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Able Sales Co. Inc.)

$6.5M$7M$7.5M$8M$8.5M$9M 202220232024 $7.05M $8.6M ▲ +22.0%
Total plan assets by year, all Able Sales Co. Inc. plans on file
Year Plans Participants Total Assets
2022 1 196 $7M
2023 1 223 $8M
2024 1 234 $9M

Nearby Profit Sharing Plans in Puerto Rico

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

Able Sales Co. Inc. Savings and Investment Plan vs. nearby Profit Sharing plans in Puerto Rico, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -2000200400600800 Total assets ($M) Participants Able Sales Co. Inc. …, Total assets ($M): 7.827961 · Participants: 223Able Sales Co. Inc. …The Retirement and S…, Total assets ($M): 719.343985 · Participants: 2713The Retirement and S…Popular, Inc. Pr Sav…, Total assets ($M): 700.721578 · Participants: 8134Popular, Inc. Pr Sav…The Savings Plan for…, Total assets ($M): 441.870695 · Participants: 1114The Savings Plan for…Hewlett Packard Ente…, Total assets ($M): 195.772357 · Participants: 751Hewlett Packard Ente…The Oriental Bank Co…, Total assets ($M): 134.602051 · Participants: 2096The Oriental Bank Co…
Able Sales Co. Inc. Savings and Investment Plan vs. nearby Profit Sharing plans in Puerto Rico, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Able Sales Co. Inc. Savings and Investment Plan by total assets, not by location.

Frequently Asked Questions

How did Able Sales Co. Inc. Savings and Investment Plan assets move in 2023?
Able Sales Co. Inc. Savings and Investment Plan grew at a solid clip - up 11.1% during 2023, from $7M to $8M. Reported net income was $781K.
How have Able Sales Co. Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Able Sales Co. Inc.'s sponsor-wide assets grew 22.0%, from $7M to $9M.
Which Profit Sharing plans are similar in size to Able Sales Co. Inc. Savings and Investment Plan?
Among Profit Sharing plans in other states, the closest by assets is Iron & Metals Inc Profit Sharing Plan in CO ($8M, 44 participants).

Next read for Able Sales Co. Inc. Savings and Investme…

Filing takeaways

Ways to act on Able Sales Co. Inc. Savings and Investment Plan's numbers.