Profit Sharing · DOL Form 5500 · 2023

Harman Management Corporation Profit Sharing Plan

Data updated 2026-08-11

$24M
Total assets: 133
Participants: 76th
Percentile by assets: $180,146
Avg per participant

Official DOL plan name: Profit-Sharing Plan of Harman Management Corporation · Sponsored by Harman Management Corporation · Utah · Professional & Technical Services

$24M in assets, 133 participants

Harman Management Corporation's Profit-Sharing Plan of Harman Management Corporation reported $24M in total assets and 133 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

76th percentile by assets (of 127,072 plans)
#15,460 in Professional & Technical Services (20,321 peers)

Coverage in Utah

Profit-Sharing Plan of Harman Management Corporation covers 133 participants in Utah, about 22% of the average Utah filer (state average ~592 per filing). Assets: $24M.

$24M
total plan assets (2023 EOY): 133
covered participants: 76th
percentile by assets (of 127,072 plans): $180,146
avg assets per participant

The plan reported a net loss of $221K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Profit-Sharing Plan of Harman Management Corporation reported net income fell from $2M in the plan year 2022 filing to -$221K in the plan year 2023 filing.
Profit-Sharing Plan of Harman Management Corporation reported participants rose from 127 in the plan year 2022 filing to 133 in the plan year 2023 filing.
Profit-Sharing Plan of Harman Management Corporation end-of-year assets fell from $24M in the plan year 2022 filing to $24M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Utah

Industry

Professional & Technical Services

Participants vs Utah filers

In Utah, the average filing covers about 592 participants across 1,280 plans. Profit-Sharing Plan of Harman Management Corporation reports 133 participants - about 22% of that state average ($24M EOY assets).

Utah filing particulars

Total Assets (Beginning of Year)	$24M
Net Assets (End of Year)	$24M
Net Income	-$221K
Employer EIN	870272917
Plan Effective Date	1967-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Harman Management Corporation)

Total plan assets by year, all Harman Management Corporation plans on file

Year	Plans	Participants	Total Assets
2022	1	127	$24M
2023	1	133	$24M
2024	1	141	$24M

Nearby Profit Sharing Plans in Utah

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

Profit-Sharing Plan of Harman Management Corporation vs. nearby Profit Sharing plans in Utah, assets vs. participants

Wgu Retirement Savings Plan $431M · 7,868
Dyno Nobel Inc. and Subsidiaries Tax Favored Retirement Savings and Investment Plan $320M · 2,460
Parsons Behle & Latimer Profit Sharing Plan & Trust $147M · 265
Rio Tinto Alcan 401(k) Savings Plan for Former Employees $118M · N/A
Campbell Scientific Profit Sharing Plan $106M · 651

Compare Profit-Sharing Plan of Harman Management… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Profit-Sharing Plan of Harman Management Corporation by total assets, not by location.

Pelli Clarke & Partners Profit Sharing Plan (CT) $24M · 75
Shaw Brothers Construction Profit Sharing Plan (ME) $24M · 214
The Toledo Zoological Society Employees Retirement Plan (OH) $24M · 623
Auto Investment, Inc. 401(k) Plan (AL) $24M · 392

Frequently Asked Questions

How did Profit-Sharing Plan of Harman Management Corporation assets move in 2023? ▼

Profit-Sharing Plan of Harman Management Corporation held essentially flat - down 0.9% during 2023, from $24M to $24M. Reported net income was -$221K.

How have Harman Management Corporation plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Harman Management Corporation's sponsor-wide assets grew 0.3%, from $24M to $24M.

Where does Profit-Sharing Plan of Harman Management Corporation rank by assets among Form 5500 filers? ▼

Profit-Sharing Plan of Harman Management Corporation ranks in the 76th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which Profit Sharing plans are similar in size to Profit-Sharing Plan of Harman Management Corporation? ▼

Among Profit Sharing plans in other states, the closest by assets is Pelli Clarke & Partners Profit Sharing Plan in CT ($24M, 75 participants).

Next read for Profit-Sharing Plan of Harman Management…

Filing takeaways

Ways to act on Profit-Sharing Plan of Harman Management Corporation's numbers.

By total assets, Profit-Sharing Plan of Harman Management Corporation ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Utah. Compare plans
Harman Management Corporation's sponsor-wide assets have grown 0.3% since 2022 across 3 plan years on file. More Professional & Technical Services plans

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 870272917.