Profit Sharing · DOL Form 5500 · 2023

Michael R. Savona, M.D., a Sole Proprietorship Profit Sharing Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
3
Participants Small participant base
31st
Percentile by assets National rank
$677,268
Avg per participant High balance/head
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Official DOL plan name: Michael R. Savona, M.D., a Sole Proprietorship, Profit Sharing Plan · Sponsored by Michael R. Savona, M.D., a Sole Proprietorship · Hawaii · Healthcare & Social Assistance

$2M in assets, 3 participants

Michael R. Savona, M.D., a Sole Proprietorship's Michael R. Savona, M.D., a Sole Proprietorship, Profit Sharing Plan reported $2M in total assets and 3 participants in its 2023 DOL Form 5500 filing, ranking in the 31st 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.

  • #5,175 in Healthcare & Social Assistance (17,684 peers)

2023 asset change

Michael R. Savona, M.D., a Sole Proprietorship, Profit Sharing Plan grew at a solid clip 8.1% in 2023 ($2M → $2M) for 3 participants.

#5,175
in Healthcare & Social Assistance (17,684 peers)
+8.1%
assets growth YoY

Michael R. Savona, M.D., a Sole Proprietorship, Profit Sharing Plan among the smaller filed plans by assets

Michael R. Savona, M.D., a Sole Proprietorship, Profit Sharing Plan vs every filed plan by assets

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

$2,031,803 31st percentile higher than 31% 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 R. Savona, M.D., a Sole Proprietorship, Profit Sharing Plan 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 R. Savona, M.D., a Sole Proprietorship, Profit Sharing Plan is a micro filing (3 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Michael R. Savona, M.D., a Sole Proprietorship, Profit Sharing Plan reported net income rose from -$396K in the plan year 2022 filing to $147K in the plan year 2023 filing.
  • Michael R. Savona, M.D., a Sole Proprietorship, Profit Sharing Plan end-of-year assets rose from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 651281738 · Michael R. Savona, M.D., a Sole Proprietorship PY 2023 · Profit Sharing

Michael R. Savona, M.D., a Sole Proprietorship, Profit Sharing Plan · $2M · 3 · 31st

  • PCT $2M
  • EIN 3
  • RANK 31st
  • PHOTO Profit Sharing
  • IND near Van M. Ardoin, Md, Amc Ps Plan and Trust
  • EOY ind #5175

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 Hawaii →

Michael R. Savona, M.D., a Sole Proprietorship, Profit Sharing Plan in the asset neighbourhood

Michael R. Savona, M.D., a Sole Proprietorship, Profit Sharing PlanMichael R. Savona, M.D., a S…$2MVan M. Ardoin, Md, Amc Ps Plan and TrustVan M. Ardoin, Md, Amc Ps Pl…$2MCaribbean Produce Exchange Profit Sharing PlanCaribbean Produce Exchange P…$2MSinger Lumber Co Inc Profit Sharing PlanSinger Lumber Co Inc Profit …$2MThe Contractors Retirement PlanThe Contractors Retirement P…$2M
End-of-year total assets ($M) among Michael R. Savona, M.D., a Sole Proprietorship, Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Michael R. Savona, M.D., a Sole Proprietorship years around the 2023 move

Sponsor-wide plan assets over time

All Michael R. Savona, M.D., a Sole Proprietorship plans reported in each filing year

Latest sponsor-wide plan assets
$2M 3.221173748740253% vs 2022
2024 filing year
$1.85M$1.9M$1.95M$2M$2.05M 202220232024 $1.88M $1.94M ▲ +3.2%
Year Plans Participants Total Assets
2022 1 3 $2M
2023 1 3 $2M
2024 1 3 $2M

2023 asset-move particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$147K
Employer EIN651281738
Plan Effective Date1987-04-15
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Hawaii

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

Michael R. Savona, M.D., a Sole Proprietorship, Profit Sharing Plan vs. nearby Profit Sharing plans in Hawaii, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -1000100200300400500 Total assets ($M) Participants Michael R. Savona, M.D., a Sole Proprietorship, Profit Sharing Plan, Total assets ($M): 2.031803 · Participants: 3Michael R. Savona, M.D., a Sole Proprietorship, Profit Sharing PlanHawaii 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 R. Savona, M.D., a Sole Proprietorship, Profit Sharing Plan vs. nearby Profit Sharing plans in Hawaii, assets vs. participants
Compare Michael R. Savona, M.D., a Sole Proprietorship, Profit Sharing Plan side-by-side with 3 peers →

Michael R. Savona, M.D., a Sole Proprietorship, Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Hawaii, the nearest Profit Sharing by assets is Van M. Ardoin, Md, Amc Ps Plan and Trust in LA ($2M); by covered participants it is Dick & Jane, Inc. Profit Sharing Plan & Trust in CO (3 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3 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 R. Savona, M.D., a Sole Proprietorship, Profit Sharing Plan assets move in 2023? ▼
Michael R. Savona, M.D., a Sole Proprietorship, Profit Sharing Plan grew at a solid clip - up 8.1% during 2023, from $2M to $2M. Reported net income was $147K.
How have Michael R. Savona, M.D., a Sole Proprietorship plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Michael R. Savona, M.D., a Sole Proprietorship's sponsor-wide assets grew 3.2%, from $2M to $2M.
Which Profit Sharing plans are similar in size to Michael R. Savona, M.D., a Sole Proprietorship, Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Van M. Ardoin, Md, Amc Ps Plan and Trust in LA ($2M, N/A participants).
Which Profit Sharing plans cover a similar participant headcount to Michael R. Savona, M.D., a Sole Proprietorship, Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Dick & Jane, Inc. Profit Sharing Plan & Trust in CO (3 participants, $751K 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 651281738.

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.