Profit Sharing · DOL Form 5500 · 2024

Genesis Five Inc. Profit Sharing Plan

Data updated 2026-08-25

$238K
Total assets Small plan by assets
6
Participants Small participant base
12th
Percentile by assets National rank
$39,720
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Genesis Five Inc. Profit Sharing Plan · Sponsored by Genesis Five Inc. · North Carolina · Retail Trade

$238K in assets, 6 participants

Genesis Five Inc.'s Genesis Five Inc. Profit Sharing Plan reported $238K in total assets and 6 participants in its 2024 DOL Form 5500 filing, ranking in the 12th 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.

  • #1,557 in Retail Trade (8,048 peers)

What the 2024 filing shows

Genesis Five Inc. Profit Sharing Plan holds $238K for 6 participants - about $39,720 per participant, among the smaller plans by assets on file.

#1,557
in Retail Trade (8,048 peers)
-6.3%
assets change YoY

The plan reported a net loss of $16K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Genesis Five Inc. Profit Sharing Plan among the smaller filed plans by assets

Genesis Five Inc. Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$238,322 12th percentile higher than 12% of 123,620 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 2024

Genesis Five Inc. Profit Sharing Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Genesis Five Inc. Profit Sharing Plan is a micro filing (6 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Genesis Five Inc. Profit Sharing Plan reported net income fell from $19K in the plan year 2023 filing to -$16K in the plan year 2024 filing.
  • Genesis Five Inc. Profit Sharing Plan reported participants rose from 4 in the plan year 2023 filing to 6 in the plan year 2024 filing.
  • Genesis Five Inc. Profit Sharing Plan end-of-year assets fell from $254K in the plan year 2023 filing to $238K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 272403915 · Genesis Five Inc. PY 2024 · Profit Sharing

Genesis Five Inc. Profit Sharing Plan · $238K · 6 · 12th

  • NET $238K
  • BOOK 6
  • VS-ST 12th
  • BOY Profit Sharing
  • SCH near Huffman Capital, Inc. Profit Sharing Plan
  • EBSA ind #1557

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 Retail Trade retirement plans → · Plans in North Carolina →

Genesis Five Inc. Profit Sharing Plan in the asset neighbourhood

Genesis Five Inc. Profit Sharing PlanGenesis Five Inc. Profit Sha…$238KHuffman Capital, Inc. Profit Sharing PlanHuffman Capital, Inc. Profit…$238KJjp Steadfast Services Inc. Retirement PlanJjp Steadfast Services Inc. …$238KEssex Technology Group, Inc. Employee Stock Ownership PlanEssex Technology Group, Inc.…$238KEssex Technology Group, Inc. Employee Stock Ownership PlanEssex Technology Group, Inc.…$238K
End-of-year total assets ($M) among Genesis Five Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$254K
Net Assets (End of Year)$238K
Net Income-$16K
Employer EIN272403915
Plan Effective Date2010-04-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Genesis Five Inc.)

Sponsor-wide plan assets over time

All Genesis Five Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$238K 1.4231119509060424% vs 2022
2024 filing year
$0.22M$0.23M$0.24M$0.25M$0.26M 202220232024 $0.23M $0.24M ▲ +4.3%
Year Plans Participants Total Assets
2022 1 4 $235K
2023 1 4 $254K
2024 1 6 $238K

Nearby Profit Sharing Plans in North Carolina

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

Genesis Five Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10123 Total assets ($B) Participants Genesis Five Inc. Profit Sharing Plan, Total assets ($B): 0.000238322 · Participants: 6Genesis Five Inc. Profit Sharing PlanTax Deferred Savings Plan of Novant Health, Inc., Total assets ($B): 2.543711307 · Participants: 38137Tax Deferred Savings Plan of Novant Health, Inc.Charter Communications, Inc. Retirement Accumulation Plan, Total assets ($B): 1.475076189 · Participants: 96794Charter Communications, Inc. Retirement Accumulation PlanFirsthealth of the Carolinas, Inc. Retirement Growth Plan, Total assets ($B): 0.121170094 · Participants: 5933Firsthealth of the Carolinas, Inc. Retirement Growth PlanBaker & Taylor Retirement Savings Plan, Total assets ($B): 0.073097403 · Participants: 1336Baker & Taylor Retirement Savings PlanWhap PA Profit Sharing Plan, Total assets ($B): 0.049559221 · Participants: 0Whap PA Profit Sharing Plan
Genesis Five Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in North Carolina, assets vs. participants
Compare Genesis Five Inc. Profit Sharing Plan side-by-side with 3 peers →

Genesis Five Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside North Carolina, the nearest Profit Sharing by assets is Huffman Capital, Inc. Profit Sharing Plan in MN ($238K); by covered participants it is Sbr Family Corp. Retirement Plan in CT (6 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (6 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Genesis Five Inc. Profit Sharing Plan assets move in 2024? ▼
Genesis Five Inc. Profit Sharing Plan pulled back noticeably - down 6.3% during 2024, from $254K to $238K. Reported net income was -$16K.
How have Genesis Five Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Genesis Five Inc.'s sponsor-wide assets grew 1.4%, from $235K to $238K.
Where does Genesis Five Inc. Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Genesis Five Inc. Profit Sharing Plan ranks in the 12th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Genesis Five Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Huffman Capital, Inc. Profit Sharing Plan in MN ($238K, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to Genesis Five Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Sbr Family Corp. Retirement Plan in CT (6 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 272403915.

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.