Profit Sharing · DOL Form 5500 · 2023

Petrongolo Contractors Inc. Profit Sharing Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
17
Participants Small participant base
25th
Percentile by assets National rank
$67,970
Avg per participant Below avg balance/head
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Official DOL plan name: Petrongolo Contractors, Inc. Profit Sharing Plan · Sponsored by Petrongolo Contractors Inc. · Pennsylvania · Construction

$1M in assets, 17 participants

Petrongolo Contractors Inc.'s Petrongolo Contractors, Inc. Profit Sharing Plan reported $1M in total assets and 17 participants in its 2023 DOL Form 5500 filing, ranking in the 25th 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.

  • #2,067 in Construction (9,030 peers)

What the 2023 filing shows

Petrongolo Contractors, Inc. Profit Sharing Plan holds $1M for 17 participants - about $67,970 per participant, in the lower half of filed plans by assets.

#2,067
in Construction (9,030 peers)
+7.3%
assets growth YoY

Petrongolo Contractors, Inc. Profit Sharing Plan among the smaller filed plans by assets

Petrongolo Contractors, Inc. Profit Sharing Plan vs every filed plan by assets

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

$1,155,485 25th percentile higher than 25% 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

Petrongolo Contractors, Inc. Profit Sharing 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. Petrongolo Contractors, Inc. Profit Sharing Plan is a small filing (17 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Petrongolo Contractors, Inc. Profit Sharing Plan reported net income rose from -$183K in the plan year 2022 filing to $79K in the plan year 2023 filing.
  • Petrongolo Contractors, Inc. Profit Sharing Plan reported participants fell from 19 in the plan year 2022 filing to 17 in the plan year 2023 filing.
  • Petrongolo Contractors, Inc. Profit Sharing Plan end-of-year assets rose from $1M in the plan year 2022 filing to $1M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 232248288 · Petrongolo Contractors Inc. PY 2023 · Profit Sharing

Petrongolo Contractors, Inc. Profit Sharing Plan · $1M · 17 · 25th

  • IND $1M
  • EOY 17
  • 5500 25th
  • ASSETS Profit Sharing
  • PCT near Frenvey, Inc. Profit Sharing Plan
  • EIN ind #2067

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 Pennsylvania →

Petrongolo Contractors, Inc. Profit Sharing Plan in the asset neighbourhood

Petrongolo Contractors, Inc. Profit Sharing PlanPetrongolo Contractors, Inc.…$1MFrenvey, Inc. Profit Sharing PlanFrenvey, Inc. Profit Sharing…$1MSummit Trust$1MRichard L Waler Jr Cpa PA Profit Sharing Plan and TrustRichard L Waler Jr Cpa PA Pr…$1MB & B Appliance, Inc. Profit Sharing PlanB & B Appliance, Inc. Profit…$1M
End-of-year total assets ($M) among Petrongolo Contractors, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$1M
Net Income$79K
Employer EIN232248288
Plan Effective Date1988-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Petrongolo Contractors Inc.)

Sponsor-wide plan assets over time

All Petrongolo Contractors Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 9.546486629551037% vs 2022
2024 filing year
$1.05M$1.1M$1.15M$1.2M 202220232024 $1.08M $1.18M ▲ +9.3%
Year Plans Participants Total Assets
2022 1 19 $1M
2023 1 17 $1M
2024 1 16 $1M

Nearby Profit Sharing Plans in Pennsylvania

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

Petrongolo Contractors, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Petrongolo Contractors, Inc. Profit Sharing Plan, Total assets ($B): 0.001155485 · Participants: 17Petrongolo Contractors, Inc. Profit Sharing PlanEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.13036391 · Participants: 17441Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.71732421 · Participants: 21016University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 1.126483012 · Participants: 3905International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.763491384 · Participants: 10204Temple University Health System, Inc. Defined Contribution Retirement PlanMorgan, Lewis & Bockius LLP Defined Contribution Plan, Total assets ($B): 0.71403391 · Participants: 2458Morgan, Lewis & Bockius LLP Defined Contribution Plan
Petrongolo Contractors, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants
Compare Petrongolo Contractors, Inc. Profit Sharing Plan side-by-side with 3 peers →

Petrongolo Contractors, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is Frenvey, Inc. Profit Sharing Plan in FL ($1M); by covered participants it is Aunt Charlottes Candies Inc Profit Sharing Plan in NJ (17 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1M here).

Similar participant headcount

Nearest other-state filings by covered participants (17 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 Petrongolo Contractors, Inc. Profit Sharing Plan assets move in 2023? ▼
Petrongolo Contractors, Inc. Profit Sharing Plan grew at a solid clip - up 7.3% during 2023, from $1M to $1M. Reported net income was $79K.
How have Petrongolo Contractors Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Petrongolo Contractors Inc.'s sponsor-wide assets grew 9.5%, from $1M to $1M.
Where does Petrongolo Contractors, Inc. Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Petrongolo Contractors, Inc. Profit Sharing Plan ranks in the 25th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the lower half of filed plans by assets).
Which Profit Sharing plans are similar in size to Petrongolo Contractors, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Frenvey, Inc. Profit Sharing Plan in FL ($1M, 128 participants).
Which Profit Sharing plans cover a similar participant headcount to Petrongolo Contractors, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Aunt Charlottes Candies Inc Profit Sharing Plan in NJ (17 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 232248288.

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.