Profit Sharing · DOL Form 5500 · 2023

Bashyam Madhavan Profit Sharing Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
1
Participants Small participant base
25th
Percentile by assets National rank
$1.1M
Avg per participant High balance/head
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Official DOL plan name: Bashyam Madhavan Profit Sharing Plan & Trust · Sponsored by Bashyam Madhavan · Illinois · Professional & Technical Services

$1M in assets, 1 participants

Bashyam Madhavan's Bashyam Madhavan Profit Sharing Plan & Trust reported $1M in total assets and 1 participant 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.

  • #4,059 in Professional & Technical Services (20,321 peers)

2023 asset change

Bashyam Madhavan Profit Sharing Plan & Trust grew sharply 18.6% in 2023 ($949K → $1M) for 1 participant.

#4,059
in Professional & Technical Services (20,321 peers)
+18.6%
assets growth YoY

Bashyam Madhavan Profit Sharing Plan & Trust among the smaller filed plans by assets

Bashyam Madhavan Profit Sharing Plan & Trust vs every filed plan by assets

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

$1,125,278 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

Bashyam Madhavan Profit Sharing Plan & Trust among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bashyam Madhavan Profit Sharing Plan & Trust is a micro filing (1 participant), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bashyam Madhavan Profit Sharing Plan & Trust reported net income rose from -$1M in the plan year 2022 filing to $176K in the plan year 2023 filing.
  • Bashyam Madhavan Profit Sharing Plan & Trust end-of-year assets rose from $949K in the plan year 2022 filing to $1M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 621514946 · Bashyam Madhavan PY 2023 · Profit Sharing

Bashyam Madhavan Profit Sharing Plan & Trust · $1M · 1 · 25th

  • EOY $1M
  • 5500 1
  • ASSETS 25th
  • PCT Profit Sharing
  • EIN near Payne Financial Consulting Profit Sharing Plan
  • RANK ind #4059

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 Illinois →

Bashyam Madhavan Profit Sharing Plan & Trust in the asset neighbourhood

Bashyam Madhavan Profit Sharing Plan & TrustBashyam Madhavan Profit Shar…$1MPayne Financial Consulting Profit Sharing PlanPayne Financial Consulting P…$1MGarnet Suites Inc. Retirement PlanGarnet Suites Inc. Retiremen…$1MSid Brodsky, Inc. Profit Sharing PlanSid Brodsky, Inc. Profit Sha…$1MIcs Builders, Inc. Profit Sharing PlanIcs Builders, Inc. Profit Sh…$1M
End-of-year total assets ($M) among Bashyam Madhavan Profit Sharing Plan & Trust and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Bashyam Madhavan years around the 2023 move

Sponsor-wide plan assets over time

All Bashyam Madhavan plans reported in each filing year

Latest sponsor-wide plan assets
$3M 9.460076021128703% vs 2022
2024 filing year
$2.4M$2.5M$2.6M$2.7M$2.8M 202220232024 $2.48M $2.72M ▲ +9.7%
Year Plans Participants Total Assets
2022 2 2 $2M
2023 2 2 $3M
2024 2 2 $3M

2023 asset-move particulars

Total Assets (Beginning of Year)$949K
Net Assets (End of Year)$1M
Net Income$176K
Employer EIN621514946
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Illinois

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

Bashyam Madhavan Profit Sharing Plan & Trust vs. nearby Profit Sharing plans in Illinois, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -101234 Total assets ($B) Participants Bashyam Madhavan Profit Sharing Plan & Trust, Total assets ($B): 0.001125278 · Participants: 1Bashyam Madhavan Profit Sharing Plan & TrustW. W. Grainger, Inc. Retirement Savings Plan, Total assets ($B): 3.454274218 · Participants: 18524W. W. Grainger, Inc. Retirement Savings PlanElectrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5, Total assets ($B): 3.245353634 · Participants: 23108Electrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5Mcmaster-Carr Supply Company Profit Sharing Trust, Total assets ($B): 2.733520068 · Participants: 4366Mcmaster-Carr Supply Company Profit Sharing TrustMid-America Carpenters Regional Council Supplemental Retirement Plan, Total assets ($B): 1.788799198 · Participants: 16214Mid-America Carpenters Regional Council Supplemental Retirement PlanCarle Foundation Hospital and Affiliates Matching Tsa Plan, Total assets ($B): 1.173752843 · Participants: 15604Carle Foundation Hospital and Affiliates Matching Tsa Plan
Bashyam Madhavan Profit Sharing Plan & Trust vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Bashyam Madhavan Profit Sharing Plan & Trust's out-of-state Profit Sharing peers by assets and headcount

Outside Illinois, the nearest Profit Sharing by assets is Payne Financial Consulting Profit Sharing Plan in CA ($1M); by covered participants it is Luke Krumnow, Inc. Employees Profit Sharing Plan in TX (1 participant). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1 participant); 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 Bashyam Madhavan Profit Sharing Plan & Trust assets move in 2023?
Bashyam Madhavan Profit Sharing Plan & Trust grew sharply - up 18.6% during 2023, from $949K to $1M. Reported net income was $176K.
How have Bashyam Madhavan plan assets changed over time?
Across 3 plan years on file (2022-2024), Bashyam Madhavan's sponsor-wide assets grew 9.5%, from $2M to $3M.
Where does Bashyam Madhavan Profit Sharing Plan & Trust rank by assets among Form 5500 filers?
Bashyam Madhavan Profit Sharing Plan & Trust 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 Bashyam Madhavan Profit Sharing Plan & Trust?
Among Profit Sharing plans in other states, the closest by assets is Payne Financial Consulting Profit Sharing Plan in CA ($1M, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Bashyam Madhavan Profit Sharing Plan & Trust?
Among Profit Sharing plans in other states, the closest by covered participants is Luke Krumnow, Inc. Employees Profit Sharing Plan in TX (1 participant, $418K in assets).