Profit Sharing · DOL Form 5500 · 2023

Primary Business Corp. Profit Sharing Plan

Data updated 2026-08-25

$285K
Total assets Small plan by assets
1
Participants Small participant base
13th
Percentile by assets National rank
$285,389
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Primary Business Corp. Retirement Plan · Sponsored by Primary Business Corp. · Minnesota · Professional & Technical Services

$285K in assets, 1 participants

Primary Business Corp.'s Primary Business Corp. Retirement Plan reported $285K in total assets and 1 participant in its 2023 DOL Form 5500 filing, ranking in the 13th 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.

  • #2,077 in Professional & Technical Services (20,321 peers)

Primary Business Corp. multi-year trail

Primary Business Corp.'s plans moved +18.0% in assets from 2022 to 2024; this filing shows Primary Business Corp. Retirement Plan at $285K / 1 participant.

#2,077
in Professional & Technical Services (20,321 peers)
+7.1%
assets growth YoY

Primary Business Corp. Retirement Plan among the smaller filed plans by assets

Primary Business Corp. Retirement Plan vs every filed plan by assets

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

$285,389 13th percentile higher than 13% 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

Primary Business Corp. Retirement 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. Primary Business Corp. Retirement Plan is a micro filing (1 participant), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Primary Business Corp. Retirement Plan reported net income rose from $2K in the plan year 2022 filing to $19K in the plan year 2023 filing.
  • Primary Business Corp. Retirement Plan reported participants fell from 2 in the plan year 2022 filing to 1 in the plan year 2023 filing.
  • Primary Business Corp. Retirement Plan end-of-year assets rose from $267K in the plan year 2022 filing to $285K in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 815026043 · Primary Business Corp. PY 2023 · Profit Sharing

Primary Business Corp. Retirement Plan · $285K · 1 · 13th

  • PART $285K
  • TYPE 1
  • NET 13th
  • BOOK Profit Sharing
  • VS-ST near Lascon Corporation Retirement Plan
  • BOY ind #2077

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 Professional & Technical Services retirement plans → · Plans in Minnesota →

Primary Business Corp. Retirement Plan in the asset neighbourhood

Primary Business Corp. Retirement PlanPrimary Business Corp. Retir…$285KLascon Corporation Retirement PlanLascon Corporation Retiremen…$285KMystic Development Corporation Profit Sharing Plan & TrustMystic Development Corporati…$285KDeyo Precision Sporting Company Retirement PlanDeyo Precision Sporting Comp…$285KTri-County Chemical, Inc. Profit Sharing PlanTri-County Chemical, Inc. Pr…$285K
End-of-year total assets ($M) among Primary Business Corp. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Primary Business Corp. multi-year asset trail

Sponsor-wide plan assets over time

All Primary Business Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$314K 17.961389092137107% vs 2022
2024 filing year
$0.26M$0.28M$0.3M$0.32M 202220232024 $0.27M $0.31M ▲ +14.8%
Year Plans Participants Total Assets
2022 1 2 $267K
2023 1 1 $285K
2024 1 1 $314K

Primary Business Corp. filing trail (2023)

Total Assets (Beginning of Year)$267K
Net Assets (End of Year)$285K
Net Income$19K
Employer EIN815026043
Plan Effective Date2017-01-19
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Minnesota

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

Primary Business Corp. Retirement Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Primary Business Corp. Retirement Plan, Total assets ($B): 0.000285389 · Participants: 1Primary Business Corp. Retirement PlanEssentia Health Retirement Plan, Total assets ($B): 1.947015983 · Participants: 15491Essentia Health Retirement PlanPipe Trades Services Mn Pension Supplement Fund, Total assets ($B): 1.617374084 · Participants: 6062Pipe Trades Services Mn Pension Supplement FundAllina 403(b) Retirement Savings Plan, Total assets ($B): 0.905961651 · Participants: 9417Allina 403(b) Retirement Savings PlanFairview Health Services Pension Plan, Total assets ($B): 0.609806339 · Participants: 4828Fairview Health Services Pension PlanCargill Employee Retirement Account Plan, Total assets ($B): 0.510990463 · Participants: 19870Cargill Employee Retirement Account Plan
Primary Business Corp. Retirement Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants
Compare Primary Business Corp. Retirement Plan side-by-side with 3 peers →

Primary Business Corp. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Minnesota, the nearest Profit Sharing by assets is Lascon Corporation Retirement Plan in MI ($285K); by covered participants it is Luke Krumnow, Inc. Employees Profit Sharing Plan in TX (1 participant). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1 participant); 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 Primary Business Corp. Retirement Plan assets move in 2023? ▼
Primary Business Corp. Retirement Plan grew at a solid clip - up 7.1% during 2023, from $267K to $285K. Reported net income was $19K.
How have Primary Business Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Primary Business Corp.'s sponsor-wide assets grew 18.0%, from $267K to $314K.
Where does Primary Business Corp. Retirement Plan rank by assets among Form 5500 filers? ▼
Primary Business Corp. Retirement Plan ranks in the 13th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Primary Business Corp. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Lascon Corporation Retirement Plan in MI ($285K, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to Primary Business Corp. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Luke Krumnow, Inc. Employees Profit Sharing Plan in TX (1 participant, $418K 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 815026043.

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.