Profit Sharing · DOL Form 5500 · 2023

Hypower, Inc. Profit Sharing Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
137
Participants Small participant base
35th
Percentile by assets National rank
$20,893
Avg per participant Low balance/head
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Official DOL plan name: The Contractors Retirement Plan · Sponsored by Hypower, Inc. · Florida · Construction

$3M in assets, 137 participants

Hypower, Inc.'s The Contractors Retirement Plan reported $3M in total assets and 137 participants in its 2023 DOL Form 5500 filing, ranking in the 35th 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.

  • #2,978 in Construction (9,030 peers)

Coverage in Florida

The Contractors Retirement Plan covers 137 participants in Florida, about 22% of the average Florida filer (state average ~628 per filing). Assets: $3M.

#2,978
in Construction (9,030 peers)
+33.8%
assets growth YoY

The Contractors Retirement Plan's mid-pack asset rank among Construction and all filers

The Contractors Retirement Plan vs every filed plan by assets

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

$2,862,313 35th percentile higher than 35% 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

The Contractors Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Contractors Retirement Plan sits mid-pack in the medium band (137 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Contractors Retirement Plan reported net income rose from $91K in the plan year 2022 filing to $723K in the plan year 2023 filing.
  • The Contractors Retirement Plan end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • The Contractors Retirement Plan reported participants rose from 110 in the plan year 2022 filing to 137 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 880271249 · Hypower, Inc. PY 2023 · Profit Sharing

The Contractors Retirement Plan · $3M · 137 · 35th

  • BOY $3M
  • SCH 137
  • EBSA 35th
  • PART Profit Sharing
  • TYPE near Simon a Levit Md Profit Sharing Plan
  • NET ind #2978

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 Construction retirement plans → · Plans in Florida →

The Contractors Retirement Plan in the asset neighbourhood

Chattanooga Neurology & Headache Center Profit Sharing PlanChattanooga Neurology & Head…$3MBarbara Rosen Keogh Plan Profit Sharing PlanBarbara Rosen Keogh Plan Pro…$3MThe Contractors Retirement PlanThe Contractors Retirement P…$3MSimon a Levit Md Profit Sharing PlanSimon a Levit Md Profit Shar…$3MEl Cajon Grading & Engineering, Inc Profit Sharing PlanEl Cajon Grading & Engineeri…$3M
End-of-year total assets ($M) among The Contractors Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$723K
Employer EIN880271249
Plan Effective Date2009-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hypower, Inc.)

Sponsor-wide plan assets over time

All Hypower, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$20M 55.15018008835% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $12.8M $19.9M ▲ +55.1%
Year Plans Participants Total Assets
2022 2 391 $13M
2023 2 504 $16M
2024 2 712 $20M

Nearby Profit Sharing Plans in Florida

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

The Contractors Retirement Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants The Contractors Retirement Plan, Total assets ($B): 0.002862313 · Participants: 137The Contractors Retirement PlanRetirement Wealth Builder Plan of Pwc, Total assets ($B): 4.922422145 · Participants: 44753Retirement Wealth Builder Plan of PwcRaymond James Financial, Inc. & Affiliates Profit Sharing Plan, Total assets ($B): 1.237831199 · Participants: 15503Raymond James Financial, Inc. & Affiliates Profit Sharing PlanOrlando Health, Inc. Retirement Savings Plan 401a, Total assets ($B): 0.441302885 · Participants: 26077Orlando Health, Inc. Retirement Savings Plan 401aShands Health Care Matched Savings Account 401(a), Total assets ($B): 0.421060931 · Participants: 9825Shands Health Care Matched Savings Account 401(a)American Maritime Officers Defined Contribution Plan, Total assets ($B): 0.314107816 · Participants: 4371American Maritime Officers Defined Contribution Plan
The Contractors Retirement Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants
Compare The Contractors Retirement Plan side-by-side with 3 peers →

The Contractors Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Florida, the nearest Profit Sharing by assets is Simon a Levit Md Profit Sharing Plan in OK ($3M); by covered participants it is Nebco, Inc. Salaried Profit Sharing Plan in NE (137 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (137 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 The Contractors Retirement Plan assets move in 2023? ▼
The Contractors Retirement Plan surged - up 33.8% during 2023, from $2M to $3M. Reported net income was $723K.
How have Hypower, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hypower, Inc.'s sponsor-wide assets grew 55.2%, from $13M to $20M.
Which Profit Sharing plans are similar in size to The Contractors Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Simon a Levit Md Profit Sharing Plan in OK ($3M, N/A participants).
Which Profit Sharing plans cover a similar participant headcount to The Contractors Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Nebco, Inc. Salaried Profit Sharing Plan in NE (137 participants, $17M 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 880271249.

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.