401(k) · DOL Form 5500 · 2023
M. Barbosa Construction Co. Inc. Profit Sharing Plan
Data updated 2026-05-15
- $963K
- Total assets
- 12
- Participants
- 23th
- Percentile by assets
- $80,287
- Avg per participant
Sponsored by M. Barbosa Construction Co., Inc. · Maryland · Construction
What the 2023 filing shows
M. Barbosa Construction Co. Inc. Profit Sharing Plan holds $963K for 12 participants - about $80,287 per participant, among the smaller plans by assets on file, down 28.4% over the 2023 plan year.
- $963K
- total plan assets (2023 EOY)
- 12
- covered participants
- 23th
- percentile by assets (of 126,618 plans)
- $80,287
- avg assets per participant
The plan reported a net loss of $381K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
401(k) · DOL Form 5500 · 2023
What the Filing Says About M. Barbosa Construction Co. Inc. Profit Sharing Plan
M. Barbosa Construction Co. Inc. Profit Sharing Plan is a 401(k) retirement plan sponsored by M. Barbosa Construction Co., Inc., headquartered in Maryland. According to the U.S. Department of Labor's 2023 Form 5500 filing, the plan reports $963K in total end-of-year assets and covers 12 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 521526983, and the plan has been effective since 2008-07-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets declined sharply from $1M at the beginning of 2023 to $963K at year-end - down 28.4%. Net assets (after liabilities) closed the year at $963K, with reported net income of -$381K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.
Across the 2 plan years M. Barbosa Construction Co., Inc. has on file with PlainRetire (2022-2023), sponsor-wide plan assets have moved from $1M to $963K, a decline of 28.4%, while reported participants moved from 12 to 12 (+0.0%). Year-by-year, sponsor-wide filings show: 2022 - $1M in assets across 1 plan covering 12 participants; 2023 - $963K in assets across 1 plan covering 12 participants.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
How the percentile is calculated: we count every plan that filed a 2023 Form 5500 with a reported end-of-year asset figure (126,618 plans), rank M. Barbosa Construction Co. Inc. Profit Sharing Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $1M |
|---|---|
| Total Assets (End of Year) | $963K |
| Net Assets (End of Year) | $963K |
| Net Income | -$381K |
| Plan Type | 401(k) |
| Employer EIN | 521526983 |
| Plan Effective Date | 2008-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (M. Barbosa Construction Co., Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 12 | $1M |
| 2023 | 1 | 12 | $963K |
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Frequently Asked Questions
How much money is in the M. Barbosa Construction Co. Inc. Profit Sharing Plan? ▼
What type of plan is M. Barbosa Construction Co. Inc. Profit Sharing Plan? ▼
Who sponsors the M. Barbosa Construction Co. Inc. Profit Sharing Plan? ▼
How did M. Barbosa Construction Co. Inc. Profit Sharing Plan perform in 2023? ▼
What this filing means
Ways to act on M. Barbosa Construction Co. Inc. Profit Sharing Plan's numbers.
- By total assets, M. Barbosa Construction Co. Inc. Profit Sharing Plan ranks among the smaller plans by assets on file. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Maryland. Compare plans
- M. Barbosa Construction Co., Inc.'s sponsor-wide assets have declined 28.4% since 2022 across 2 plan years on file. More Construction plans
- A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types
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 521526983.
Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.