Money Purchase · DOL Form 5500 · 2024

Sam Berman and Sons LLC Money Purchase Plan

Data updated 2026-08-11

$3M
Total assets
12
Participants
35th
Percentile by assets
$267,987
Avg per participant
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Official DOL plan name: Sam Berman and Sons Retirement Trust · Sponsored by Sam Berman and Sons LLC · Iowa · Wholesale Trade

$3M in assets, 12 participants

Sam Berman and Sons LLC's Sam Berman and Sons Retirement Trust reported $3M in total assets and 12 participants in its 2024 DOL Form 5500 filing, ranking in the 35th 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.

  • 35th percentile by assets (of 123,622 plans)
  • #1,458 in Wholesale Trade (6,080 peers)

Sam Berman and Sons LLC multi-year trail

Sam Berman and Sons LLC's plans moved +86.4% in assets from 2022 to 2024; this filing shows Sam Berman and Sons Retirement Trust at $3M / 12 participants.

$3M
total plan assets (2024 EOY)
12
covered participants
35th
percentile by assets (of 123,622 plans)
$267,987
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sam Berman and Sons Retirement Trust end-of-year assets rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Sam Berman and Sons Retirement Trust reported net income rose from $687K in the plan year 2023 filing to $804K in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Sam Berman and Sons LLC across 3 plan years on file

Across the 3 plan years Sam Berman and Sons LLC has on file (2022-2024), sponsor-wide plan assets have moved from $2M to $3M, a gain of 86.4%, while reported participants moved from 13 to 12 (-7.7%). Peak year by sponsor assets: 2024 ($3M); trough: 2022 ($2M).

Sam Berman and Sons LLC multi-year asset trail

$1.5M$2M$2.5M$3M$3.5M 202220232024 $1.72M $3.22M ▲ +87.2%
Total plan assets by year, all Sam Berman and Sons LLC plans on file
Year Plans Participants Total Assets
2022 1 13 $2M
2023 1 12 $2M
2024 1 12 $3M

Sam Berman and Sons LLC filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$804K
Employer EIN421280279
Plan Effective Date1974-01-01
Filing StatusFILING RECEIVED

Nearby Money Purchase Plans in Iowa

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Sam Berman and Sons Retirement Trust vs. nearby Money Purchase plans in Iowa, assets vs. participants

Sam Berman and Sons Retirement Trust vs. nearby Money Purchase plans in Iowa, assets vs. participants Scatter plot of 6 data points. -2000200400600800 -20020406080 Total assets ($M) Participants Sam Berman and Sons …Iowa Builders Retire…IBEW Local 13 Retire…Iron Workers Local N…Morningside Universi…Grand View Universit…
Sam Berman and Sons Retirement Trust vs. nearby Money Purchase plans in Iowa, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Sam Berman and Sons Retirement Trust by total assets, not by location.

Frequently Asked Questions

How did Sam Berman and Sons Retirement Trust assets move in 2024?
Sam Berman and Sons Retirement Trust surged - up 33.3% during 2024, from $2M to $3M. Reported net income was $804K.
How have Sam Berman and Sons LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Sam Berman and Sons LLC's sponsor-wide assets grew 86.4%, from $2M to $3M.
Which Money Purchase plans are similar in size to Sam Berman and Sons Retirement Trust?
Among Money Purchase plans in other states, the closest by assets is Money Purchase Pension Plan in MD ($3M, 2 participants).

Next read for Sam Berman and Sons Retirement Trust

Multi-year trail

Ways to act on Sam Berman and Sons Retirement Trust's numbers.