Profit Sharing · DOL Form 5500 · 2023

Monterey Financial Services, LLC Profit Sharing Plan

Data updated 2026-08-11

$36M
Total assets: 94
Participants: 82nd
Percentile by assets: $379,788
Avg per participant

Official DOL plan name: Monterey Financial Services, LLC Profit Sharing Plan and Trust · Sponsored by Monterey Financial Services, LLC · California · Finance & Insurance

$36M in assets, 94 participants

Monterey Financial Services, LLC's Monterey Financial Services, LLC Profit Sharing Plan and Trust reported $36M in total assets and 94 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

82nd percentile by assets (of 127,072 plans)
#6,376 in Finance & Insurance (8,869 peers)

Where Monterey Financial Services, LLC Profit Sharing Plan and Trust sits by assets

Monterey Financial Services, LLC Profit Sharing Plan and Trust sits in the top quartile of all filed plans by assets, $36M for 94 participants (~$379,788/participant), up 19.7% in 2023.

$36M
total plan assets (2023 EOY): 94
covered participants: 82nd
percentile by assets (of 127,072 plans): $379,788
avg assets per participant

Monterey Financial Services, LLC Profit Sharing Plan and Trust reported net income rose from -$3M in the plan year 2022 filing to $6M in the plan year 2023 filing.
Monterey Financial Services, LLC Profit Sharing Plan and Trust end-of-year assets rose from $30M in the plan year 2022 filing to $36M in the plan year 2023 filing.
Monterey Financial Services, LLC Profit Sharing Plan and Trust reported participants rose from 88 in the plan year 2022 filing to 94 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

California

Industry

Finance & Insurance

Monterey Financial Services, LLC Profit Sharing Plan and Trust vs the 2023 asset distribution

By assets, Monterey Financial Services, LLC Profit Sharing Plan and Trust outranks 82% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$30M
Net Assets (End of Year)	$36M
Net Income	$6M
Employer EIN	330369207
Plan Effective Date	1991-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Monterey Financial Services, LLC)

Total plan assets by year, all Monterey Financial Services, LLC plans on file

Year	Plans	Participants	Total Assets
2022	2	178	$38M
2023	2	188	$46M
2024	1	91	$38M

Nearby Profit Sharing Plans in California

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

Monterey Financial Services, LLC Profit Sharing Plan and Trust vs. nearby Profit Sharing plans in California, assets vs. participants

Intel Retirement Contribution Plan $7.2B · 21,513
Scpmg Keogh Plan $6.8B · 10,125
Motion Picture Industry Individual Account Plan $5.9B · 71,071
Memorialcare Retirement Plan $1.3B · 4,728
Disney Retirement Savings Plan $1.1B · 37,110

Compare Monterey Financial Services, LLC Profit … side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Monterey Financial Services, LLC Profit Sharing Plan and Trust by total assets, not by location.

Luhr Crosby, LLC Employees Profit Sharing Plan and Trust (IL) $36M · 177
Moody Bible Institute Match Savings Plan (IL) $36M · 1,570
Eppendorf North America, Inc. Profit Sharing Plan (CT) $36M · 314
Northern Ohio Laborers' Profit Sharing Annuity Plan (OH) $36M · 1,137

Frequently Asked Questions

How did Monterey Financial Services, LLC Profit Sharing Plan and Trust assets move in 2023? ▼

Monterey Financial Services, LLC Profit Sharing Plan and Trust grew sharply - up 19.7% during 2023, from $30M to $36M. Reported net income was $6M.

How have Monterey Financial Services, LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Monterey Financial Services, LLC's sponsor-wide assets grew 1.0%, from $38M to $38M.

Where does Monterey Financial Services, LLC Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼

Monterey Financial Services, LLC Profit Sharing Plan and Trust ranks in the 82nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which Profit Sharing plans are similar in size to Monterey Financial Services, LLC Profit Sharing Plan and Trust? ▼

Among Profit Sharing plans in other states, the closest by assets is Luhr Crosby, LLC Employees Profit Sharing Plan and Trust in IL ($36M, 177 participants).

Next read for Monterey Financial Services, LLC Profit …

Scale reading

Ways to act on Monterey Financial Services, LLC Profit Sharing Plan and Trust's numbers.

By total assets, Monterey Financial Services, LLC Profit Sharing Plan and Trust ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in California. Compare plans
Monterey Financial Services, LLC's sponsor-wide assets have grown 1.0% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 330369207.