Profit Sharing · DOL Form 5500 · 2023
Mass Benefits Consultants, Inc. Profit Sharing Plan
Data updated 2026-08-25
- $3M
- Total assets Small plan by assets
- 8
- Participants Small participant base
- 34th
- Percentile by assets National rank
- $328,804
- Avg per participant High balance/head
Official DOL plan name: Mass Benefits Consultants, Inc. Profit Sharing Plan · Sponsored by Mass Benefits Consultants, Inc. · Virginia · Finance & Insurance
$3M in assets, 8 participants
Mass Benefits Consultants, Inc.'s Mass Benefits Consultants, Inc. Profit Sharing Plan reported $3M in total assets and 8 participants in its 2023 DOL Form 5500 filing, ranking in the 34th 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.
- #2,083 in Finance & Insurance (8,869 peers)
Mass Benefits Consultants, Inc. multi-year trail
Mass Benefits Consultants, Inc.'s plans moved -29.2% in assets from 2022 to 2024; this filing shows Mass Benefits Consultants, Inc. Profit Sharing Plan at $3M / 8 participants.
- #2,083
- in Finance & Insurance (8,869 peers)
- -21.5%
- assets change YoY
The plan reported a net loss of $719K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Mass Benefits Consultants, Inc. Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers
Mass Benefits Consultants, Inc. Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$2,630,429 34th percentile higher than 34% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Mass Benefits Consultants, Inc. 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. Mass Benefits Consultants, Inc. Profit Sharing Plan is a micro filing (8 participants), the leftmost band.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Mass Benefits Consultants, Inc. Profit Sharing Plan reported net income fell from -$255K in the plan year 2022 filing to -$719K in the plan year 2023 filing.
- Mass Benefits Consultants, Inc. Profit Sharing Plan end-of-year assets fell from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
- Mass Benefits Consultants, Inc. Profit Sharing Plan reported participants fell from 10 in the plan year 2022 filing to 8 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 520915851 · Mass Benefits Consultants, Inc. PY 2023 · Profit Sharing
Mass Benefits Consultants, Inc. Profit Sharing Plan · $3M · 8 · 34th
- RANK $3M
- RANK 8
- RANK 34th
- RANK Profit Sharing
- RANK near Wi Psychiatric Services Ltd. Profit Sharing Plan
- RANK ind #2083
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 Finance & Insurance retirement plans → · Plans in Virginia →
Mass Benefits Consultants, Inc. Profit Sharing Plan in the asset neighbourhood
Mass Benefits Consultants, Inc. multi-year asset trail
Sponsor-wide plan assets over time
All Mass Benefits Consultants, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $2M 29.221450678339856% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 10 | $3M |
| 2023 | 1 | 8 | $3M |
| 2024 | 1 | 8 | $2M |
Mass Benefits Consultants, Inc. filing trail (2023)
| Total Assets (Beginning of Year) | $3M |
|---|---|
| Net Assets (End of Year) | $3M |
| Net Income | -$719K |
| Employer EIN | 520915851 |
| Plan Effective Date | 1972-06-30 |
| Filing Status | FILING RECEIVED |
Nearby Profit Sharing Plans in Virginia
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia $1.1B · 5,192
- Carpenter Co. Profit-Sharing Plan $299M · 2,085
- American Institutes for Research Tax Deferred Annuity Plan $277M · 1,521
- Analytic Services Inc. Defined Contribution Retirement Plan $205M · 584
- Associated Universities Inc. Retirement Plan $193M · 541
Mass Benefits Consultants, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Virginia, the nearest Profit Sharing by assets is Wi Psychiatric Services Ltd. Profit Sharing Plan in WI ($3M); by covered participants it is Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan in NJ (8 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($3M here).
Similar participant headcount
Nearest other-state filings by covered participants (8 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.