Profit Sharing · DOL Form 5500 · 2023

Northwest Tennessee Economic Development Council Profit Sharing Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
237
Participants Below avg headcount
47th
Percentile by assets National rank
$24,383
Avg per participant Low balance/head
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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.

  • #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.

#1,192
in Educational Services (3,735 peers)
+11.4%
assets growth YoY

Northwest Tennessee Economic Development Council Profit Sharing Plan's mid-pack asset rank among Educational Services and all filers

Northwest Tennessee Economic Development Council Profit Sharing Plan vs every filed plan by assets

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

$5,778,757 47th percentile higher than 47% 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

Northwest Tennessee Economic Development Council Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Northwest Tennessee Economic Development Council Profit Sharing Plan sits mid-pack in the medium band (237 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 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 →

EBSA filing schedule strip

Filing strip 620729622 · Northwest Tennessee Economic Development Council PY 2023 · Profit Sharing

Northwest Tennessee Economic Development Council Profit Sharing Plan · $6M · 237 · 47th

  • SCH $6M
  • EBSA 237
  • PART 47th
  • TYPE Profit Sharing
  • NET near Jm Consultants, Inc. Profit Sharing Plan
  • BOOK ind #1192

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 Educational Services retirement plans → · Plans in Tennessee →

Northwest Tennessee Economic Development Council Profit Sharing Plan in the asset neighbourhood

Northwest Tennessee Economic Development Council Profit Sharing PlanNorthwest Tennessee Economic…$6MJm Consultants, Inc. Profit Sharing PlanJm Consultants, Inc. Profit …$6MC. Blackburn Inc. Retirement PlanC. Blackburn Inc. Retirement…$6MAutogermana Bmw 1165(e) Savings PlanAutogermana Bmw 1165(e) Savi…$6MMadera Community Hospital Profit Sharing PlanMadera Community Hospital Pr…$6M
End-of-year total assets ($M) among Northwest Tennessee Economic Development Council Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$593K
Employer EIN620729622
Plan Effective Date1993-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northwest Tennessee Economic Development Council)

Sponsor-wide plan assets over time

All Northwest Tennessee Economic Development Council plans reported in each filing year

Latest sponsor-wide plan assets
$6M 15.308335933639919% vs 2022
2024 filing year
$5M$5.5M$6M$6.5M 202220232024 $5.19M $5.98M ▲ +15.2%
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 Scatter plot of 6 data points. -20000200040006000 -2000200400600 Total assets ($M) Participants Northwest Tennessee Economic Development Council Profit Sharing Plan, Total assets ($M): 5.778757 · Participants: 237Northwest Tennessee Economic Development Council Profit Sharing PlanBallad Health 401(a) Plan, Total assets ($M): 478.135258 · Participants: 5420Ballad Health 401(a) PlanShreveport Electrical Industry Profit Sharing Plan, Total assets ($M): 87.734816 · Participants: 494Shreveport Electrical Industry Profit Sharing PlanNew Orleans Electrical Annuity Plan, Total assets ($M): 77.298273 · Participants: 1475New Orleans Electrical Annuity PlanUlps Employee Savings Plan, Total assets ($M): 66.606114 · Participants: 237Ulps Employee Savings PlanGerber/Taylor Capital Advisors Profit Sharing Plan, Total assets ($M): 45.840819 · Participants: 40Gerber/Taylor Capital Advisors Profit Sharing Plan
Northwest Tennessee Economic Development Council Profit Sharing Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants
Compare Northwest Tennessee Economic Development Council Profit Sharing Plan side-by-side with 3 peers →

Northwest Tennessee Economic Development Council Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Tennessee, the nearest Profit Sharing by assets is Jm Consultants, Inc. Profit Sharing Plan in AZ ($6M); by covered participants it is Sally Beauty De Puerto Rico, Inc. Coda Profit Sharing Plan in TX (236 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (237 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 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).
Which Profit Sharing plans cover a similar participant headcount to Northwest Tennessee Economic Development Council Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Sally Beauty De Puerto Rico, Inc. Coda Profit Sharing Plan in TX (236 participants, $3M 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 620729622.

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.