Profit Sharing · DOL Form 5500 · 2023

7 Skips, Inc. Profit Sharing Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
12
Participants Small participant base
26th
Percentile by assets National rank
$107,405
Avg per participant Below avg balance/head
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Official DOL plan name: 7 Skips, Inc. Retirement Plan · Sponsored by 7 Skips, Inc. · North Carolina · Construction

$1M in assets, 12 participants

7 Skips, Inc.'s 7 Skips, Inc. Retirement Plan reported $1M in total assets and 12 participants in its 2023 DOL Form 5500 filing, ranking in the 26th 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.

  • #2,152 in Construction (9,030 peers)

7 Skips, Inc. multi-year trail

7 Skips, Inc.'s plans moved +60.4% in assets from 2022 to 2024; this filing shows 7 Skips, Inc. Retirement Plan at $1M / 12 participants.

#2,152
in Construction (9,030 peers)
+89.8%
assets growth YoY

7 Skips, Inc. Retirement Plan among the smaller filed plans by assets

7 Skips, Inc. Retirement Plan vs every filed plan by assets

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

$1,288,854 26th percentile higher than 26% 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

7 Skips, Inc. Retirement Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. 7 Skips, Inc. Retirement Plan is a small filing (12 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 7 Skips, Inc. Retirement Plan reported participants rose from 1 in the plan year 2022 filing to 12 in the plan year 2023 filing.
  • 7 Skips, Inc. Retirement Plan end-of-year assets rose from $679K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • 7 Skips, Inc. Retirement Plan reported net income fell from $679K in the plan year 2022 filing to $610K in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 881530882 · 7 Skips, Inc. PY 2023 · Profit Sharing

7 Skips, Inc. Retirement Plan · $1M · 12 · 26th

  • EBSA $1M
  • EBSA 12
  • EBSA 26th
  • EBSA Profit Sharing
  • EBSA near Operating Engineers Local 318 Supplemental Retirement Plan
  • EBSA ind #2152

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 Construction retirement plans → · Plans in North Carolina →

7 Skips, Inc. Retirement Plan in the asset neighbourhood

7 Skips, Inc. Retirement Plan$1MOperating Engineers Local 318 Supplemental Retirement PlanOperating Engineers Local 31…$1MFidel Santa Cruz Professional Corp Profit Sharing PlanFidel Santa Cruz Professiona…$1MJba Employees Pension Plan$1MSemco Tool & Manufacturing Co.Inc. Profit Sharing PlanSemco Tool & Manufacturing C…$1M
End-of-year total assets ($M) among 7 Skips, Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

7 Skips, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All 7 Skips, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 60.375435268054424% vs 2022
2024 filing year
$0.6M$0.8M$1M$1.2M$1.4M 202220232024 $0.68M $1.09M ▲ +60.3%
Year Plans Participants Total Assets
2022 1 1 $679K
2023 1 12 $1M
2024 1 25 $1M

7 Skips, Inc. filing trail (2023)

Total Assets (Beginning of Year)$679K
Net Assets (End of Year)$1M
Net Income$610K
Employer EIN881530882
Plan Effective Date2022-04-06
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in North Carolina

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

7 Skips, Inc. Retirement Plan vs. nearby Profit Sharing plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -0.500.511.522.5 Total assets ($B) Participants 7 Skips, Inc. Retirement Plan, Total assets ($B): 0.001288854 · Participants: 127 Skips, Inc. Retirement PlanTax Deferred Savings Plan of Novant Health, Inc., Total assets ($B): 2.233437356 · Participants: 36057Tax Deferred Savings Plan of Novant Health, Inc.Charter Communications, Inc. Retirement Accumulation Plan, Total assets ($B): 1.269819278 · Participants: 96058Charter Communications, Inc. Retirement Accumulation PlanFirsthealth of the Carolinas, Inc. Retirement Growth Plan, Total assets ($B): 0.108343803 · Participants: 5519Firsthealth of the Carolinas, Inc. Retirement Growth PlanBaker & Taylor Retirement Savings Plan, Total assets ($B): 0.06687568 · Participants: 1361Baker & Taylor Retirement Savings PlanIntermec Fssp Spinoff Plan, Total assets ($B): 0.050896422 · Participants: 74Intermec Fssp Spinoff Plan
7 Skips, Inc. Retirement Plan vs. nearby Profit Sharing plans in North Carolina, assets vs. participants

7 Skips, Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside North Carolina, the nearest Profit Sharing by assets is Operating Engineers Local 318 Supplemental Retirement Plan in TN ($1M); by covered participants it is Watering Lane Ventures, Inc. Profit Sharing Plan in NH (12 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (12 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 7 Skips, Inc. Retirement Plan assets move in 2023?
7 Skips, Inc. Retirement Plan surged - up 89.8% during 2023, from $679K to $1M. Reported net income was $610K.
How have 7 Skips, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), 7 Skips, Inc.'s sponsor-wide assets grew 60.4%, from $679K to $1M.
Which Profit Sharing plans are similar in size to 7 Skips, Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Operating Engineers Local 318 Supplemental Retirement Plan in TN ($1M, 601 participants).
Which Profit Sharing plans cover a similar participant headcount to 7 Skips, Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Watering Lane Ventures, Inc. Profit Sharing Plan in NH (12 participants, $389K in assets).