Profit Sharing · DOL Form 5500 · 2023

Area Residential Care, Inc. Profit Sharing Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
116
Participants Small participant base
37th
Percentile by assets National rank
$27,982
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Area Residential Care, Inc. Retirement Savings Plan · Sponsored by Area Residential Care, Inc. · Iowa · Professional & Technical Services

$3M in assets, 116 participants

Area Residential Care, Inc.'s Area Residential Care, Inc. Retirement Savings Plan reported $3M in total assets and 116 participants in its 2023 DOL Form 5500 filing, ranking in the 37th 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.

  • #6,872 in Professional & Technical Services (20,321 peers)

Coverage in Iowa

Area Residential Care, Inc. Retirement Savings Plan covers 116 participants in Iowa, about 19% of the average Iowa filer (state average ~609 per filing). Assets: $3M.

#6,872
in Professional & Technical Services (20,321 peers)
-18.7%
assets change YoY

The plan reported a net loss of $746K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Area Residential Care, Inc. Retirement Savings Plan's mid-pack asset rank among Professional & Technical Services and all filers

Area Residential Care, Inc. Retirement Savings Plan vs every filed plan by assets

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

$3,245,924 37th percentile higher than 37% 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

Area Residential Care, Inc. Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Area Residential Care, Inc. Retirement Savings Plan sits mid-pack in the medium band (116 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Area Residential Care, Inc. Retirement Savings Plan reported net income fell from -$221K in the plan year 2022 filing to -$746K in the plan year 2023 filing.
  • Area Residential Care, Inc. Retirement Savings Plan end-of-year assets fell from $4M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Area Residential Care, Inc. Retirement Savings Plan reported participants rose from 110 in the plan year 2022 filing to 116 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 420936800 · Area Residential Care, Inc. PY 2023 · Profit Sharing

Area Residential Care, Inc. Retirement Savings Plan · $3M · 116 · 37th

  • BOY $3M
  • SCH 116
  • EBSA 37th
  • PART Profit Sharing
  • TYPE near Metalworks of Montana, Inc. Profit Sharing Plan
  • NET ind #6872

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 Iowa →

Area Residential Care, Inc. Retirement Savings Plan in the asset neighbourhood

Area Residential Care, Inc. Retirement Savings PlanArea Residential Care, Inc. …$3MMetalworks of Montana, Inc. Profit Sharing PlanMetalworks of Montana, Inc. …$3MWoodland Pond 403(b) Pension PlanWoodland Pond 403(b) Pension…$3MShepherd Engineering Inc Profit Sharing PlanShepherd Engineering Inc Pro…$3MBobrow & Company, P. C. Retirement PlanBobrow & Company, P. C. Reti…$3M
End-of-year total assets ($M) among Area Residential Care, Inc. Retirement Savings Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$3M
Net Income-$746K
Employer EIN420936800
Plan Effective Date1987-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Area Residential Care, Inc.)

Sponsor-wide plan assets over time

All Area Residential Care, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 20.369892533457723% vs 2022
2024 filing year
$3M$3.5M$4M$4.5M 202220232024 $3.99M $3.18M ▼ -20.3%
Year Plans Participants Total Assets
2022 1 110 $4M
2023 1 116 $3M
2024 1 92 $3M

Nearby Profit Sharing Plans in Iowa

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

Area Residential Care, Inc. Retirement Savings Plan vs. nearby Profit Sharing plans in Iowa, assets vs. participants Scatter plot of 6 data points. 0100200300 051015202530 Total assets ($M) Participants Area Residential Care, Inc. Retirement Savings Plan, Total assets ($M): 3.245924 · Participants: 116Area Residential Care, Inc. Retirement Savings PlanMedtec LLC 401(k) Retirement Plan, Total assets ($M): 25.74045 · Participants: 144Medtec LLC 401(k) Retirement PlanLiberty Pattern Company Profit Sharing Plan, Total assets ($M): 23.373416 · Participants: 13Liberty Pattern Company Profit Sharing PlanNewton Clinic, P.C. Profit Sharing Plan, Total assets ($M): 18.056441 · Participants: 42Newton Clinic, P.C. Profit Sharing PlanPalmer Lutheran Health Center, Inc. 403(b) Plan, Total assets ($M): 17.888494 · Participants: 214Palmer Lutheran Health Center, Inc. 403(b) PlanTs Banking Group Savings Plan, Total assets ($M): 17.363911 · Participants: 247Ts Banking Group Savings Plan
Area Residential Care, Inc. Retirement Savings Plan vs. nearby Profit Sharing plans in Iowa, assets vs. participants
Compare Area Residential Care, Inc. Retirement Savings Plan side-by-side with 3 peers →

Area Residential Care, Inc. Retirement Savings Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Iowa, the nearest Profit Sharing by assets is Metalworks of Montana, Inc. Profit Sharing Plan in MT ($3M); by covered participants it is Center for Family Representation Pension Plan in NY (116 participants). Same-state nearby plans are listed separately above.

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 Area Residential Care, Inc. Retirement Savings Plan assets move in 2023? ▼
Area Residential Care, Inc. Retirement Savings Plan declined sharply - down 18.7% during 2023, from $4M to $3M. Reported net income was -$746K.
How have Area Residential Care, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Area Residential Care, Inc.'s sponsor-wide assets declined 20.4%, from $4M to $3M.
Which Profit Sharing plans are similar in size to Area Residential Care, Inc. Retirement Savings Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Metalworks of Montana, Inc. Profit Sharing Plan in MT ($3M, 25 participants).
Which Profit Sharing plans cover a similar participant headcount to Area Residential Care, Inc. Retirement Savings Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Center for Family Representation Pension Plan in NY (116 participants, $2M 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 420936800.

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.