Profit Sharing · DOL Form 5500 · 2023

Finance Boston 2 Profit Sharing Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
8
Participants Small participant base
26th
Percentile by assets National rank
$163,771
Avg per participant Above avg balance/head
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Official DOL plan name: Financeboston Profit Sharing Plan · Sponsored by Finance Boston 2 · Massachusetts · Finance & Insurance

$1M in assets, 8 participants

Finance Boston 2's Financeboston Profit Sharing Plan reported $1M in total assets and 8 participants in its 2023 DOL Form 5500 filing, ranking in the 26th 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.

  • #1,519 in Finance & Insurance (8,869 peers)

Finance Boston 2 multi-year trail

Finance Boston 2's plans moved +83.5% in assets from 2022 to 2024; this filing shows Financeboston Profit Sharing Plan at $1M / 8 participants.

#1,519
in Finance & Insurance (8,869 peers)
+57.3%
assets growth YoY

Financeboston Profit Sharing Plan among the smaller filed plans by assets

Financeboston Profit Sharing Plan vs every filed plan by assets

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

$1,310,166 26th percentile higher than 26% 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

Financeboston 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. Financeboston Profit Sharing Plan is a micro filing (8 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Financeboston Profit Sharing Plan reported net income rose from $233K in the plan year 2022 filing to $477K in the plan year 2023 filing.
  • Financeboston Profit Sharing Plan end-of-year assets rose from $833K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Financeboston Profit Sharing Plan reported participants rose from 6 in the plan year 2022 filing to 8 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 844755618 · Finance Boston 2 PY 2023 · Profit Sharing

Financeboston Profit Sharing Plan · $1M · 8 · 26th

  • ASSETS $1M
  • ASSETS 8
  • ASSETS 26th
  • ASSETS Profit Sharing
  • ASSETS near Royal Office Equipment of Chattanooga, Inc. Employees' Profit Sharing Plan
  • ASSETS ind #1519

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 Finance & Insurance retirement plans → · Plans in Massachusetts →

Financeboston Profit Sharing Plan in the asset neighbourhood

Financeboston Profit Sharing PlanFinanceboston Profit Sharing…$1MRoyal Office Equipment of Chattanooga, Inc. Employees' Profit Sharing PlanRoyal Office Equipment of Ch…$1MK. B. Construction Company Profit Sharing PlanK. B. Construction Company P…$1MKole S. Miller, Dds Profit Sharing TrustKole S. Miller, Dds Profit S…$1MDavid Roccapriore Profit Sharing PlanDavid Roccapriore Profit Sha…$1M
End-of-year total assets ($M) among Financeboston Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Finance Boston 2 multi-year asset trail

Sponsor-wide plan assets over time

All Finance Boston 2 plans reported in each filing year

Latest sponsor-wide plan assets
$2M 83.50302125320191% vs 2022
2024 filing year
$0.5M$1M$1.5M$2M 202220232024 $0.83M $1.53M ▲ +84.3%
Year Plans Participants Total Assets
2022 1 6 $833K
2023 1 8 $1M
2024 1 9 $2M

Finance Boston 2 filing trail (2023)

Total Assets (Beginning of Year)$833K
Net Assets (End of Year)$1M
Net Income$477K
Employer EIN844755618
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Massachusetts

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

Financeboston Profit Sharing Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Financeboston Profit Sharing Plan, Total assets ($B): 0.001310166 · Participants: 8Financeboston Profit Sharing PlanConsolidated 403(b) Program of Mass General Brigham and Member Organizations, Total assets ($B): 14.924829262 · Participants: 74212Consolidated 403(b) Program of Mass General Brigham and Member OrganizationsDemoulas (Restated) Profit Sharing Plan & Trust, Total assets ($B): 1.003886994 · Participants: 12622Demoulas (Restated) Profit Sharing Plan & TrustDana-Farber Cancer Institute Retirement Plan, Total assets ($B): 0.788456235 · Participants: 4630Dana-Farber Cancer Institute Retirement PlanThe Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund, Total assets ($B): 0.679151027 · Participants: 6360The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement FundSheet Metal Workers Local 17 Annuity Income Fund, Total assets ($B): 0.616742666 · Participants: 2868Sheet Metal Workers Local 17 Annuity Income Fund
Financeboston Profit Sharing Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants
Compare Financeboston Profit Sharing Plan side-by-side with 3 peers →

Financeboston Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Massachusetts, the nearest Profit Sharing by assets is Royal Office Equipment of Chattanooga, Inc. Employees' Profit Sharing Plan in TN ($1M); by covered participants it is Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan in NJ (8 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (8 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 Financeboston Profit Sharing Plan assets move in 2023? ▼
Financeboston Profit Sharing Plan surged - up 57.3% during 2023, from $833K to $1M. Reported net income was $477K.
How have Finance Boston 2 plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Finance Boston 2's sponsor-wide assets grew 83.5%, from $833K to $2M.
Which Profit Sharing plans are similar in size to Financeboston Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Royal Office Equipment of Chattanooga, Inc. Employees' Profit Sharing Plan in TN ($1M, 13 participants).
Which Profit Sharing plans cover a similar participant headcount to Financeboston Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan in NJ (8 participants, $424K 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 844755618.

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.