Profit Sharing · DOL Form 5500 · 2023

Northwest Tennessee Economic Development Council Profit Sharing Plan

Data updated 2026-08-11

$6M
Total assets: 237
Participants: 47th
Percentile by assets: $24,383
Avg per participant

Official DOL plan name: Northwest Tennessee Economic Development Council Profit Sharing Plan · Sponsored by Northwest Tennessee Economic Development Council · Tennessee · Educational Services

$6M in assets, 237 participants

Northwest Tennessee Economic Development Council's Northwest Tennessee Economic Development Council Profit Sharing Plan reported $6M in total assets and 237 participants in its 2023 DOL Form 5500 filing, ranking in the 47th 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.

47th percentile by assets (of 127,072 plans)
#1,192 in Educational Services (3,735 peers)

Coverage in Tennessee

Northwest Tennessee Economic Development Council Profit Sharing Plan covers 237 participants in Tennessee, about 21% of the average Tennessee filer (state average ~1,126 per filing). Assets: $6M.

$6M
total plan assets (2023 EOY): 237
covered participants: 47th
percentile by assets (of 127,072 plans): $24,383
avg assets per participant

Northwest Tennessee Economic Development Council Profit Sharing Plan reported net income rose from $147K in the plan year 2022 filing to $593K in the plan year 2023 filing.
Northwest Tennessee Economic Development Council Profit Sharing Plan end-of-year assets rose from $5M in the plan year 2022 filing to $6M in the plan year 2023 filing.
Northwest Tennessee Economic Development Council Profit Sharing Plan reported participants rose from 224 in the plan year 2022 filing to 237 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Tennessee

Industry

Educational Services

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Northwest Tennessee Economic Development Council Profit Sharing Plan reports 237 participants - about 21% of that state average ($6M EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)	$5M
Net Assets (End of Year)	$6M
Net Income	$593K
Employer EIN	620729622
Plan Effective Date	1993-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Northwest Tennessee Economic Development Council)

Total plan assets by year, all Northwest Tennessee Economic Development Council plans on file

Year	Plans	Participants	Total Assets
2022	1	224	$5M
2023	1	237	$6M
2024	1	261	$6M

Nearby Profit Sharing Plans in Tennessee

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

Northwest Tennessee Economic Development Council Profit Sharing Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants

Ballad Health 401(a) Plan $478M · 5,420
Shreveport Electrical Industry Profit Sharing Plan $88M · 494
New Orleans Electrical Annuity Plan $77M · 1,475
Ulps Employee Savings Plan $67M · 237
Gerber/Taylor Capital Advisors Profit Sharing Plan $46M · 40

Compare Northwest Tennessee Economic Development… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Northwest Tennessee Economic Development Council Profit Sharing Plan by total assets, not by location.

Jm Consultants, Inc. Profit Sharing Plan (AZ) $6M · 2
C. Blackburn Inc. Retirement Plan (NY) $6M · 174
Autogermana Bmw 1165(e) Savings Plan (PR) $6M · 288
Madera Community Hospital Profit Sharing Plan (CA) $6M · 304

Frequently Asked Questions

How did Northwest Tennessee Economic Development Council Profit Sharing Plan assets move in 2023? ▼

Northwest Tennessee Economic Development Council Profit Sharing Plan grew at a solid clip - up 11.4% during 2023, from $5M to $6M. Reported net income was $593K.

How have Northwest Tennessee Economic Development Council plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Northwest Tennessee Economic Development Council's sponsor-wide assets grew 15.3%, from $5M to $6M.

Which Profit Sharing plans are similar in size to Northwest Tennessee Economic Development Council Profit Sharing Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is Jm Consultants, Inc. Profit Sharing Plan in AZ ($6M, 2 participants).

Next read for Northwest Tennessee Economic Development…

Filing takeaways

Ways to act on Northwest Tennessee Economic Development Council Profit Sharing Plan's numbers.

By total assets, Northwest Tennessee Economic Development Council Profit Sharing Plan ranks in the lower half of filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Tennessee. Compare plans
Northwest Tennessee Economic Development Council's sponsor-wide assets have grown 15.3% since 2022 across 3 plan years on file. More Educational Services 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 620729622.