Profit Sharing · DOL Form 5500 · 2023

Mendez & Co., Inc. Profit Sharing Plan

Data updated 2026-08-11

$21M
Total assets
496
Participants
74th
Percentile by assets
$43,264
Avg per participant
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Official DOL plan name: Mendez & Co., Inc. Retirement Plan · Sponsored by Mendez & Co., Inc. · Puerto Rico · Wholesale Trade

$21M in assets, 496 participants

Mendez & Co., Inc.'s Mendez & Co., Inc. Retirement Plan reported $21M in total assets and 496 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • 74th percentile by assets (of 127,072 plans)
  • #4,489 in Wholesale Trade (6,309 peers)

Coverage in Puerto Rico

Mendez & Co., Inc. Retirement Plan covers 496 participants in Puerto Rico, 5.6x the typical Puerto Rico plan (state average ~89 per filing). Assets: $21M.

$21M
total plan assets (2023 EOY)
496
covered participants
74th
percentile by assets (of 127,072 plans)
$43,264
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mendez & Co., Inc. Retirement Plan reported net income rose from $836K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Mendez & Co., Inc. Retirement Plan end-of-year assets rose from $19M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Mendez & Co., Inc. Retirement Plan reported participants rose from 478 in the plan year 2022 filing to 496 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Puerto Rico filers

In Puerto Rico, the average filing covers about 89 participants across 1,924 plans. Mendez & Co., Inc. Retirement Plan reports 496 participants - 5.6x that state average ($21M EOY assets).

Puerto Rico filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$21M
Net Income$3M
Employer EIN660177198
Plan Effective Date2013-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mendez & Co., Inc.)

$22M$24M$26M$28M$30M$32M 202220232024 $30.9M $25M ▼ -19.2%
Total plan assets by year, all Mendez & Co., Inc. plans on file
Year Plans Participants Total Assets
2022 2 488 $31M
2023 2 505 $24M
2024 2 515 $25M

Nearby Profit Sharing Plans in Puerto Rico

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

Mendez & Co., Inc. Retirement Plan vs. nearby Profit Sharing plans in Puerto Rico, assets vs. participants

Mendez & Co., Inc. Retirement Plan vs. nearby Profit Sharing plans in Puerto Rico, assets vs. participants Scatter plot of 6 data points. 0200040006000800010000 -2000200400600800 Total assets ($M) Participants Mendez & Co., Inc. R…The Retirement and S…Popular, Inc. Pr Sav…The Savings Plan for…Hewlett Packard Ente…The Oriental Bank Co…
Mendez & Co., Inc. Retirement Plan vs. nearby Profit Sharing plans in Puerto Rico, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Mendez & Co., Inc. Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Mendez & Co., Inc. Retirement Plan assets move in 2023?
Mendez & Co., Inc. Retirement Plan grew at a solid clip - up 13.7% during 2023, from $19M to $21M. Reported net income was $3M.
How have Mendez & Co., Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mendez & Co., Inc.'s sponsor-wide assets declined 19.2%, from $31M to $25M.
Which Profit Sharing plans are similar in size to Mendez & Co., Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Laughlin, Falbo, Levy & Moresi, LLP Profit Sharing Plan in CA ($21M, 109 participants).

Next read for Mendez & Co., Inc. Retirement Plan

Filing takeaways

Ways to act on Mendez & Co., Inc. Retirement Plan's numbers.