Profit Sharing · DOL Form 5500 · 2023

Michael H. Sakai Profit Sharing Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
2
Participants Small participant base
24th
Percentile by assets National rank
$524,691
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Michael H. Sakai Aal Basic · Sponsored by Michael H. Sakai · Hawaii · Professional & Technical Services

$1M in assets, 2 participants

Michael H. Sakai's Michael H. Sakai Aal Basic reported $1M in total assets and 2 participants in its 2023 DOL Form 5500 filing, ranking in the 24th 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.

  • #3,928 in Professional & Technical Services (20,321 peers)

Michael H. Sakai multi-year trail

Michael H. Sakai's plans moved +35.7% in assets from 2022 to 2024; this filing shows Michael H. Sakai Aal Basic at $1M / 2 participants.

#3,928
in Professional & Technical Services (20,321 peers)
+19.6%
assets growth YoY

Michael H. Sakai Aal Basic among the smaller filed plans by assets

Michael H. Sakai Aal Basic vs every filed plan by assets

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

$1,049,382 24th percentile higher than 24% 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 H. Sakai Aal Basic 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 H. Sakai Aal Basic is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Michael H. Sakai Aal Basic reported net income rose from -$136K in the plan year 2022 filing to $172K in the plan year 2023 filing.
  • Michael H. Sakai Aal Basic end-of-year assets rose from $877K in the plan year 2022 filing to $1M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 990260063 · Michael H. Sakai PY 2023 · Profit Sharing

Michael H. Sakai Aal Basic · $1M · 2 · 24th

  • NET $1M
  • NET 2
  • NET 24th
  • NET Profit Sharing
  • NET near Northland Christian Education System 403(b) Plan
  • NET ind #3928

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 Hawaii →

Michael H. Sakai Aal Basic in the asset neighbourhood

Michael H. Sakai Aal Basic$1MNorthland Christian Education System 403(b) PlanNorthland Christian Educatio…$1MKore Properties, Inc. Retirement PlanKore Properties, Inc. Retire…$1MShane Dawson Tv, Inc. Profit Sharing PlanShane Dawson Tv, Inc. Profit…$1MGsd Chem Inc Retirement Plan$1M
End-of-year total assets ($M) among Michael H. Sakai Aal Basic and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Michael H. Sakai multi-year asset trail

Sponsor-wide plan assets over time

All Michael H. Sakai plans reported in each filing year

Latest sponsor-wide plan assets
$1M 35.705037020826495% vs 2022
2024 filing year
$0.8M$0.9M$1M$1.1M$1.2M$1.3M 202220232024 $0.88M $1.19M ▲ +35.2%
Year Plans Participants Total Assets
2022 1 2 $877K
2023 1 2 $1M
2024 1 2 $1M

Michael H. Sakai filing trail (2023)

Total Assets (Beginning of Year)$877K
Net Assets (End of Year)$1M
Net Income$172K
Employer EIN990260063
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Hawaii

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

Michael H. Sakai Aal Basic vs. nearby Profit Sharing plans in Hawaii, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -1000100200300400500 Total assets ($M) Participants Michael H. Sakai Aal Basic, Total assets ($M): 1.049382 · Participants: 2Michael H. Sakai Aal BasicHawaii Electricians Annuity Plan, Total assets ($M): 450.479567 · Participants: 2215Hawaii Electricians Annuity PlanHawaii Sheet Metal Workers Annuity Profit Sharing, Total assets ($M): 108.342276 · Participants: 514Hawaii Sheet Metal Workers Annuity Profit SharingHawaiiusa Fcu Retirement Plan, Total assets ($M): 55.609266 · Participants: 386Hawaiiusa Fcu Retirement PlanHawaiian Dredging Construction Company Profit Sharing Plan, Total assets ($M): 34.397084 · Participants: 296Hawaiian Dredging Construction Company Profit Sharing PlanUnlimited Construction Services Inc. 401(k) Profit Sharing Plan, Total assets ($M): 13.032649 · Participants: 105Unlimited Construction Services Inc. 401(k) Profit Sharing Plan
Michael H. Sakai Aal Basic vs. nearby Profit Sharing plans in Hawaii, assets vs. participants
Compare Michael H. Sakai Aal Basic side-by-side with 3 peers →

Michael H. Sakai Aal Basic's out-of-state Profit Sharing peers by assets and headcount

Outside Hawaii, the nearest Profit Sharing by assets is Northland Christian Education System 403(b) Plan in MO ($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 H. Sakai Aal Basic assets move in 2023? ▼
Michael H. Sakai Aal Basic grew sharply - up 19.6% during 2023, from $877K to $1M. Reported net income was $172K.
How have Michael H. Sakai plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Michael H. Sakai's sponsor-wide assets grew 35.7%, from $877K to $1M.
Where does Michael H. Sakai Aal Basic rank by assets among Form 5500 filers? ▼
Michael H. Sakai Aal Basic ranks in the 24th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Michael H. Sakai Aal Basic? ▼
Among Profit Sharing plans in other states, the closest by assets is Northland Christian Education System 403(b) Plan in MO ($1M, 68 participants).
Which Profit Sharing plans cover a similar participant headcount to Michael H. Sakai Aal Basic? ▼
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 990260063.

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.