Profit Sharing · DOL Form 5500 · 2023

Canarico Quarries, Inc. Profit Sharing Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
180
Participants Small participant base
38th
Percentile by assets National rank
$20,021
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Grupo Carmelo Savings and Investment Plan · Sponsored by Canarico Quarries, Inc. · Puerto Rico · Manufacturing

$4M in assets, 180 participants

Canarico Quarries, Inc.'s Grupo Carmelo Savings and Investment Plan reported $4M in total assets and 180 participants in its 2023 DOL Form 5500 filing, ranking in the 38th 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.

  • #4,075 in Manufacturing (18,722 peers)

Coverage in Puerto Rico

Grupo Carmelo Savings and Investment Plan covers 180 participants in Puerto Rico, 2.0x the typical Puerto Rico plan (state average ~89 per filing). Assets: $4M.

#4,075
in Manufacturing (18,722 peers)
+22.5%
assets growth YoY

Grupo Carmelo Savings and Investment Plan's mid-pack asset rank among Manufacturing and all filers

Grupo Carmelo Savings and Investment Plan vs every filed plan by assets

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

$3,603,777 38th percentile higher than 38% 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

Grupo Carmelo Savings and Investment 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. Grupo Carmelo Savings and Investment Plan sits mid-pack in the medium band (180 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Grupo Carmelo Savings and Investment Plan reported net income rose from -$708K in the plan year 2022 filing to $662K in the plan year 2023 filing.
  • Grupo Carmelo Savings and Investment Plan end-of-year assets rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Grupo Carmelo Savings and Investment Plan reported participants rose from 173 in the plan year 2022 filing to 180 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 660532348 · Canarico Quarries, Inc. PY 2023 · Profit Sharing

Grupo Carmelo Savings and Investment Plan · $4M · 180 · 38th

  • ASSETS $4M
  • PCT 180
  • EIN 38th
  • RANK Profit Sharing
  • PHOTO near Philip N. Chrionis, M.D., a Medical Corporation Retirement Plan
  • IND ind #4075

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 Manufacturing retirement plans → · Plans in Puerto Rico →

Grupo Carmelo Savings and Investment Plan in the asset neighbourhood

Grupo Carmelo Savings and Investment PlanGrupo Carmelo Savings and In…$4MPhilip N. Chrionis, M.D., a Medical Corporation Retirement PlanPhilip N. Chrionis, M.D., a …$4MStel, Inc. Employer Contribution PlanStel, Inc. Employer Contribu…$4MMartin & Zerfoss, Inc. Profit Sharing PlanMartin & Zerfoss, Inc. Profi…$4MThe Agricultural and Labor Program, Inc. Retirement PlanThe Agricultural and Labor P…$4M
End-of-year total assets ($M) among Grupo Carmelo Savings and Investment Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Puerto Rico filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$662K
Employer EIN660532348
Plan Effective Date1999-02-17
Filing StatusFILING RECEIVED

Sponsor Plan History (Canarico Quarries, Inc.)

Sponsor-wide plan assets over time

All Canarico Quarries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 41.34264531415187% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M$4.5M 202220232024 $2.94M $4.16M ▲ +41.5%
Year Plans Participants Total Assets
2022 1 173 $3M
2023 1 180 $4M
2024 1 194 $4M

Nearby Profit Sharing Plans in Puerto Rico

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

Grupo Carmelo 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 ($M) Participants Grupo Carmelo Savings and Investment Plan, Total assets ($M): 3.603777 · Participants: 180Grupo Carmelo Savings and Investment PlanThe Retirement and Savings Plan for Amgen Manufacturing Limited LLC, Total assets ($M): 719.343985 · Participants: 2713The Retirement and Savings Plan for Amgen Manufacturing Limited LLCPopular, Inc. Pr Savings and Investment Plan, Total assets ($M): 700.721578 · Participants: 8134Popular, Inc. Pr Savings and Investment PlanThe Savings Plan for Lilly Affiliate Employees in Puerto Rico, Total assets ($M): 441.870695 · Participants: 1114The Savings Plan for Lilly Affiliate Employees in Puerto RicoHewlett Packard Enterprise Puerto Rico Tax Saving Capital Accumulation Plan, Total assets ($M): 195.772357 · Participants: 751Hewlett Packard Enterprise Puerto Rico Tax Saving Capital Accumulation PlanThe Oriental Bank Coda Profit Sharing Plan, Total assets ($M): 134.602051 · Participants: 2096The Oriental Bank Coda Profit Sharing Plan
Grupo Carmelo Savings and Investment Plan vs. nearby Profit Sharing plans in Puerto Rico, assets vs. participants
Compare Grupo Carmelo Savings and Investment Plan side-by-side with 3 peers →

Grupo Carmelo Savings and Investment Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Puerto Rico, the nearest Profit Sharing by assets is Philip N. Chrionis, M.D., a Medical Corporation Retirement Plan in CA ($4M); by covered participants it is Office Depot Puerto Rico, LLC Retirement Savings Plan in FL (180 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (180 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 Grupo Carmelo Savings and Investment Plan assets move in 2023? ▼
Grupo Carmelo Savings and Investment Plan grew sharply - up 22.5% during 2023, from $3M to $4M. Reported net income was $662K.
How have Canarico Quarries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Canarico Quarries, Inc.'s sponsor-wide assets grew 41.3%, from $3M to $4M.
Which Profit Sharing plans are similar in size to Grupo Carmelo Savings and Investment Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Philip N. Chrionis, M.D., a Medical Corporation Retirement Plan in CA ($4M, 3 participants).
Which Profit Sharing plans cover a similar participant headcount to Grupo Carmelo Savings and Investment Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Office Depot Puerto Rico, LLC Retirement Savings Plan in FL (180 participants, $3M 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 660532348.

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.