Profit Sharing · DOL Form 5500 · 2023

Michael D. Waks Profit Sharing Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
2
Participants Small participant base
25th
Percentile by assets National rank
$561,292
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Michael D. Waks Profit Sharing Plan · Sponsored by Michael D. Waks · California · Professional & Technical Services

$1M in assets, 2 participants

Michael D. Waks's Michael D. Waks Profit Sharing Plan reported $1M in total assets and 2 participants in its 2023 DOL Form 5500 filing, ranking in the 25th 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.

  • #4,054 in Professional & Technical Services (20,321 peers)

Michael D. Waks multi-year trail

Michael D. Waks's plans moved +27.7% in assets from 2022 to 2024; this filing shows Michael D. Waks Profit Sharing Plan at $1M / 2 participants.

#4,054
in Professional & Technical Services (20,321 peers)
+13.6%
assets growth YoY

Michael D. Waks Profit Sharing Plan among the smaller filed plans by assets

Michael D. Waks Profit Sharing Plan vs every filed plan by assets

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

$1,122,584 25th percentile higher than 25% 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

Michael D. Waks Profit Sharing Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Michael D. Waks Profit Sharing Plan is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Michael D. Waks Profit Sharing Plan reported net income rose from $13K in the plan year 2022 filing to $134K in the plan year 2023 filing.
  • Michael D. Waks Profit Sharing Plan end-of-year assets rose from $988K in the plan year 2022 filing to $1M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 330106581 · Michael D. Waks PY 2023 · Profit Sharing

Michael D. Waks Profit Sharing Plan · $1M · 2 · 25th

  • PHOTO $1M
  • IND 2
  • EOY 25th
  • 5500 Profit Sharing
  • ASSETS near Pete's Corporation Retirement Plan
  • PCT ind #4054

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 Professional & Technical Services retirement plans → · Plans in California →

Michael D. Waks Profit Sharing Plan in the asset neighbourhood

Michael D. Waks Profit Sharing PlanMichael D. Waks Profit Shari…$1MPete's Corporation Retirement PlanPete's Corporation Retiremen…$1MPrototype Development Specialists & Cnc Machining, Inc. Retirement PlanPrototype Development Specia…$1MRonald C. Yarbrough, Ph.D., P.a. Employees Profit Sharing Plan and TrustRonald C. Yarbrough, Ph.D., …$1MOasis at Home Inc. Retirement PlanOasis at Home Inc. Retiremen…$1M
End-of-year total assets ($M) among Michael D. Waks Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Michael D. Waks multi-year asset trail

Sponsor-wide plan assets over time

All Michael D. Waks plans reported in each filing year

Latest sponsor-wide plan assets
$1M 27.71786087903149% vs 2022
2024 filing year
$0.9M$1M$1.1M$1.2M$1.3M 202220232024 $0.99M $1.26M ▲ +27.3%
Year Plans Participants Total Assets
2022 1 2 $988K
2023 1 2 $1M
2024 1 2 $1M

Michael D. Waks filing trail (2023)

Total Assets (Beginning of Year)$988K
Net Assets (End of Year)$1M
Net Income$134K
Employer EIN330106581
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in California

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

Michael D. Waks Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Michael D. Waks Profit Sharing Plan, Total assets ($B): 0.001122584 · Participants: 2Michael D. Waks Profit Sharing PlanIntel Retirement Contribution Plan, Total assets ($B): 7.243052996 · Participants: 21513Intel Retirement Contribution PlanScpmg Keogh Plan, Total assets ($B): 6.822267649 · Participants: 10125Scpmg Keogh PlanMotion Picture Industry Individual Account Plan, Total assets ($B): 5.851994984 · Participants: 71071Motion Picture Industry Individual Account PlanMemorialcare Retirement Plan, Total assets ($B): 1.32726 · Participants: 4728Memorialcare Retirement PlanDisney Retirement Savings Plan, Total assets ($B): 1.092654738 · Participants: 37110Disney Retirement Savings Plan
Michael D. Waks Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants
Compare Michael D. Waks Profit Sharing Plan side-by-side with 3 peers →

Michael D. Waks Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside California, the nearest Profit Sharing by assets is Pete's Corporation Retirement Plan in KS ($1M); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2 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 Michael D. Waks Profit Sharing Plan assets move in 2023? ▼
Michael D. Waks Profit Sharing Plan grew at a solid clip - up 13.6% during 2023, from $988K to $1M. Reported net income was $134K.
How have Michael D. Waks plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Michael D. Waks's sponsor-wide assets grew 27.7%, from $988K to $1M.
Where does Michael D. Waks Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Michael D. Waks Profit Sharing Plan ranks in the 25th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the lower half of filed plans by assets).
Which Profit Sharing plans are similar in size to Michael D. Waks Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Pete's Corporation Retirement Plan in KS ($1M, 243 participants).
Which Profit Sharing plans cover a similar participant headcount to Michael D. Waks Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants, $5M in assets).

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 330106581.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.