Profit Sharing · DOL Form 5500 · 2023

Ackerman & Ackerman, P.C. Profit Sharing Plan

Data updated 2026-08-11

$13M
Total assets
3
Participants
64th
Percentile by assets
$4.2M
Avg per participant
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Official DOL plan name: Ackerman & Ackerman, P.C. Profit Sharing Trust · Sponsored by Ackerman & Ackerman, P.C. · Michigan · Professional & Technical Services

$13M in assets, 3 participants

Ackerman & Ackerman, P.C.'s Ackerman & Ackerman, P.C. Profit Sharing Trust reported $13M in total assets and 3 participants in its 2023 DOL Form 5500 filing, ranking in the 64th 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.

  • 64th percentile by assets (of 127,072 plans)
  • #12,769 in Professional & Technical Services (20,321 peers)

What the 2023 filing shows

Ackerman & Ackerman, P.C. Profit Sharing Trust holds $13M for 3 participants - about $4.2M per participant, above the median plan by assets.

$13M
total plan assets (2023 EOY)
3
covered participants
64th
percentile by assets (of 127,072 plans)
$4.2M
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ackerman & Ackerman, P.C. Profit Sharing Trust reported net income rose from -$1M in the plan year 2022 filing to $79K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Profit Sharing filing for Ackerman & Ackerman, P.C. Profit Sharing Trust

Profit Sharing filing for plan year 2023: EIN 382231136 ; effective since 1984-10-01 ; filing status FILING RECEIVED. Verify the certified figures on DOL EFAST2.

Filing particulars (2023)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$13M
Net Income$79K
Employer EIN382231136
Plan Effective Date1984-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ackerman & Ackerman, P.C.)

$12.2M$12.4M$12.6M$12.8M 202220232024 $12.6M $12.4M ▼ -2.1%
Total plan assets by year, all Ackerman & Ackerman, P.C. plans on file
Year Plans Participants Total Assets
2022 1 3 $13M
2023 1 3 $13M
2024 1 3 $12M

Nearby Profit Sharing Plans in Michigan

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

Ackerman & Ackerman, P.C. Profit Sharing Trust vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Ackerman & Ackerman, P.C. Profit Sharing Trust vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.52 Total assets ($B) Participants Ackerman & Ackerman,…Henry Ford Health Sy…Construction Industr…Ohio Carpenters' Ann…Hemlock Semiconducto…NECA-IBEW Memphis Re…
Ackerman & Ackerman, P.C. Profit Sharing Trust vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Ackerman & Ackerman, P.C. Profit Sharing Trust by total assets, not by location.

Frequently Asked Questions

How did Ackerman & Ackerman, P.C. Profit Sharing Trust assets move in 2023?
Ackerman & Ackerman, P.C. Profit Sharing Trust held essentially flat - up 0.6% during 2023, from $13M to $13M. Reported net income was $79K.
How have Ackerman & Ackerman, P.C. plan assets changed over time?
Across 3 plan years on file (2022-2024), Ackerman & Ackerman, P.C.'s sponsor-wide assets declined 2.1%, from $13M to $12M.
Which Profit Sharing plans are similar in size to Ackerman & Ackerman, P.C. Profit Sharing Trust?
Among Profit Sharing plans in other states, the closest by assets is Plumbers & Steamfitters Local 141 Annuity Plan in LA ($13M, 699 participants).

Next read for Ackerman & Ackerman, P.C. Profit Sharing…

Filing takeaways

Ways to act on Ackerman & Ackerman, P.C. Profit Sharing Trust's numbers.