401(k) · DOL Form 5500 · 2023

Kanu Patel M.D.P.a. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
2
Participants Small participant base
37th
Percentile by assets National rank
$1.7M
Avg per participant High balance/head
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Official DOL plan name: Kanaiyalal J Patel M.D.P.a. Profit Sharing Plan and Trust · Sponsored by Kanu Patel M.D.P.a. · Maryland · Healthcare & Social Assistance

$3M in assets, 2 participants

Kanu Patel M.D.P.a.'s Kanaiyalal J Patel M.D.P.a. Profit Sharing Plan and Trust reported $3M in total assets and 2 participants in its 2023 DOL Form 5500 filing, ranking in the 37th 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.

  • #6,901 in Healthcare & Social Assistance (17,684 peers)

Kanu Patel M.D.P.a. multi-year trail

Kanu Patel M.D.P.a.'s plans moved +138.1% in assets from 2022 to 2024; this filing shows Kanaiyalal J Patel M.D.P.a. Profit Sharing Plan and Trust at $3M / 2 participants.

#6,901
in Healthcare & Social Assistance (17,684 peers)
+89.2%
assets growth YoY

Kanaiyalal J Patel M.D.P.a. Profit Sharing Plan and Trust's mid-pack asset rank among Healthcare & Social Assistance and all filers

Kanaiyalal J Patel M.D.P.a. Profit Sharing Plan and Trust vs every filed plan by assets

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

$3,361,764 37th percentile higher than 37% 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

Kanaiyalal J Patel M.D.P.a. Profit Sharing Plan and 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. Kanaiyalal J Patel M.D.P.a. Profit Sharing Plan and Trust is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Kanaiyalal J Patel M.D.P.a. Profit Sharing Plan and Trust reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Kanaiyalal J Patel M.D.P.a. Profit Sharing Plan and Trust end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 522056914 · Kanu Patel M.D.P.a. PY 2023 · 401(k)

Kanaiyalal J Patel M.D.P.a. Profit Sharing Plan and Trust · $3M · 2 · 37th

  • BOY $3M
  • SCH 2
  • EBSA 37th
  • PART 401(k)
  • TYPE near Bonney Forge Corp Deferred Profit Sharing Plan for Bargaining Unit Employees
  • NET ind #6901

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 Healthcare & Social Assistance retirement plans → · Plans in Maryland →

Kanaiyalal J Patel M.D.P.a. Profit Sharing Plan and Trust in the asset neighbourhood

Kanaiyalal J Patel M.D.P.a. Profit Sharing Plan and TrustKanaiyalal J Patel M.D.P.a. …$3MBonney Forge Corp Deferred Profit Sharing Plan for Bargaining Unit EmployeesBonney Forge Corp Deferred P…$3MFamily First Funding, LLC 401(k) PlanFamily First Funding, LLC 40…$3MRichard Cottrell Dds PC 401(k) Profit Sharing Plan & TrustRichard Cottrell Dds PC 401(…$3MCredit Central, LLC 401(k) PlanCredit Central, LLC 401(k) P…$3M
End-of-year total assets ($M) among Kanaiyalal J Patel M.D.P.a. Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Kanu Patel M.D.P.a. multi-year asset trail

Sponsor-wide plan assets over time

All Kanu Patel M.D.P.a. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 138.07070222606518% vs 2022
2024 filing year
$1M$2M$3M$4M$5M 202220232024 $1.78M $4.23M ▲ +137.6%
Year Plans Participants Total Assets
2022 1 2 $2M
2023 1 2 $3M
2024 1 2 $4M

Kanu Patel M.D.P.a. filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$2M
Employer EIN522056914
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Maryland

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Kanaiyalal J Patel M.D.P.a. Profit Sharing Plan and Trust vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Kanaiyalal J Patel M.D.P.a. Profit Sharing Plan and Trust, Total assets ($B): 0.003361764 · Participants: 2Kanaiyalal J Patel M.D.P.a. Profit Sharing Plan and TrustLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Kanaiyalal J Patel M.D.P.a. Profit Sharing Plan and Trust vs. nearby 401(k) plans in Maryland, assets vs. participants

Kanaiyalal J Patel M.D.P.a. Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Bonney Forge Corp Deferred Profit Sharing Plan for Bargaining Unit Employees in PA ($3M); by covered participants it is Napa Bound Retirement Plan in FL (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 Kanaiyalal J Patel M.D.P.a. Profit Sharing Plan and Trust assets move in 2023?
Kanaiyalal J Patel M.D.P.a. Profit Sharing Plan and Trust surged - up 89.2% during 2023, from $2M to $3M. Reported net income was $2M.
How have Kanu Patel M.D.P.a. plan assets changed over time?
Across 3 plan years on file (2022-2024), Kanu Patel M.D.P.a.'s sponsor-wide assets grew 138.1%, from $2M to $4M.
Which 401(k) plans are similar in size to Kanaiyalal J Patel M.D.P.a. Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Bonney Forge Corp Deferred Profit Sharing Plan for Bargaining Unit Employees in PA ($3M, 130 participants).
Which 401(k) plans cover a similar participant headcount to Kanaiyalal J Patel M.D.P.a. Profit Sharing Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Napa Bound Retirement Plan in FL (2 participants, N/A in assets).