Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

PARKER IBRAHIM & BERG LLP 401(K) PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

PARKER IBRAHIM & BERG LLP

This Profit Sharing plan holds $7M in total assets and serves 49 participants as of 2023. It is sponsored by PARKER IBRAHIM & BERG LLP in New Jersey. The plan reported positive net income of $992K for the year.

Total Assets (2023)
$7M
Participants
49
State
Industry
Professional & Technical Services

What the Filing Says About PARKER IBRAHIM & BERG LLP 401(K) PLAN

PARKER IBRAHIM & BERG LLP 401(K) PLAN is a Profit Sharing retirement plan sponsored by PARKER IBRAHIM & BERG LLP, headquartered in New Jersey. As of the 2023 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 49 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 274672950, and the plan has been effective since 2011-03-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $6M at the beginning of 2023 to $7M at year-end — a gain of 16.0%. Net assets (after liabilities) closed the year at $7M, with reported net income of $992K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$6M
Total Assets (End of Year)$7M
Net Assets (End of Year)$7M
Net Income$992K
Plan TypeProfit Sharing
Employer EIN274672950
Plan Effective Date2011-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (PARKER IBRAHIM & BERG LLP)

Year Plans Participants Total Assets
2022 1 73 $6M
2023 1 49 $7M
2024 1 34 $7M

Nearby Profit Sharing Plans in New Jersey

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

Frequently Asked Questions

How much money is in the PARKER IBRAHIM & BERG LLP 401(K) PLAN?
As of the 2023 Form 5500 filing, PARKER IBRAHIM & BERG LLP 401(K) PLAN holds $7M in total assets with 49 participants. It is sponsored by PARKER IBRAHIM & BERG LLP.
What type of plan is PARKER IBRAHIM & BERG LLP 401(K) PLAN?
PARKER IBRAHIM & BERG LLP 401(K) PLAN is a Profit Sharing plan. It has been effective since 2011-03-01. The plan is filed with the U.S. Department of Labor under EIN 274672950.
Who sponsors the PARKER IBRAHIM & BERG LLP 401(K) PLAN?
PARKER IBRAHIM & BERG LLP 401(K) PLAN is sponsored by PARKER IBRAHIM & BERG LLP, located in New Jersey. The sponsor's EIN is 274672950 and the plan operates in the Professional & Technical Services industry.
How did PARKER IBRAHIM & BERG LLP 401(K) PLAN perform in 2023?
PARKER IBRAHIM & BERG LLP 401(K) PLAN grew by 16.0% during 2023, moving from $6M to $7M in total assets. Net income was $992K.
Where can I find official filings for PARKER IBRAHIM & BERG LLP 401(K) PLAN?
Official Form 5500 filings for PARKER IBRAHIM & BERG LLP 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 274672950 or plan name at efast.dol.gov.
How does PARKER IBRAHIM & BERG LLP 401(K) PLAN compare to other plans?
You can compare PARKER IBRAHIM & BERG LLP 401(K) PLAN against other Profit Sharing plans on the plan type page, or view plans in New Jersey on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 274672950.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.