Profit Sharing · DOL Form 5500 · 2024

Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
12
Participants Small participant base
39th
Percentile by assets National rank
$355,103
Avg per participant High balance/head
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Official DOL plan name: Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan · Sponsored by Marine Towing & Salvage of S.W. Fl, Inc · Florida · Transportation & Warehousing

$4M in assets, 12 participants

Marine Towing & Salvage of S.W. Fl, Inc's Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan reported $4M in total assets and 12 participants in its 2024 DOL Form 5500 filing, ranking in the 39th 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.

  • #1,314 in Transportation & Warehousing (3,299 peers)

Marine Towing & Salvage of S.W. Fl, Inc multi-year trail

Marine Towing & Salvage of S.W. Fl, Inc's plans moved -52.1% in assets from 2022 to 2024; this filing shows Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan at $4M / 12 participants.

#1,314
in Transportation & Warehousing (3,299 peers)
-51.3%
assets change YoY

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan's mid-pack asset rank among Transportation & Warehousing and all filers

Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$4,261,232 39th percentile higher than 39% of 123,620 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 2024

Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan is a small filing (12 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan reported net income fell from -$147K in the plan year 2023 filing to -$4M in the plan year 2024 filing.
  • Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan end-of-year assets fell from $9M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan reported participants rose from 8 in the plan year 2023 filing to 12 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 571220461 · Marine Towing & Salvage of S.W. Fl, Inc PY 2024 · Profit Sharing

Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan · $4M · 12 · 39th

  • NET $4M
  • BOOK 12
  • VS-ST 39th
  • BOY Profit Sharing
  • SCH near Ali'i Health Center 401(a) Plan
  • EBSA ind #1314

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 Transportation & Warehousing retirement plans → · Plans in Florida →

Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan in the asset neighbourhood

Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing PlanMarine Towing & Salvage of S…$4MAli'i Health Center 401(a) PlanAli'i Health Center 401(a) P…$4MMar-Del, Inc. Profit Sharing PlanMar-Del, Inc. Profit Sharing…$4MCustom Glass Products, Inc. Profit Sharing PlanCustom Glass Products, Inc. …$4MThe Contractors Retirement PlanThe Contractors Retirement P…$4M
End-of-year total assets ($M) among Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Marine Towing & Salvage of S.W. Fl, Inc multi-year asset trail

Sponsor-wide plan assets over time

All Marine Towing & Salvage of S.W. Fl, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$4M 52.149134750514726% vs 2022
2024 filing year
$2M$4M$6M$8M$10M 202220232024 $8.91M $4.26M ▼ -52.2%
Year Plans Participants Total Assets
2022 1 9 $9M
2023 1 8 $9M
2024 1 12 $4M

Marine Towing & Salvage of S.W. Fl, Inc filing trail (2024)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$4M
Net Income-$4M
Employer EIN571220461
Plan Effective Date2005-06-07
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Florida

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

Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan, Total assets ($B): 0.004261232 · Participants: 12Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing PlanRetirement Wealth Builder Plan of Pwc, Total assets ($B): 5.704422812 · Participants: 45185Retirement Wealth Builder Plan of PwcRaymond James Financial, Inc. & Affiliates Profit Sharing Plan, Total assets ($B): 1.346943817 · Participants: 16046Raymond James Financial, Inc. & Affiliates Profit Sharing PlanShands Health Care Matched Savings Account 401(a), Total assets ($B): 0.486868039 · Participants: 10470Shands Health Care Matched Savings Account 401(a)Orlando Health, Inc. Retirement Savings Plan 401a, Total assets ($B): 0.458034121 · Participants: 27976Orlando Health, Inc. Retirement Savings Plan 401aAmerican Maritime Officers Defined Contribution Plan, Total assets ($B): 0.357314038 · Participants: 4201American Maritime Officers Defined Contribution Plan
Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants

Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Florida, the nearest Profit Sharing by assets is Ali'i Health Center 401(a) Plan in HI ($4M); by covered participants it is Hasenfeld-Stein, Inc. Profit Sharing Retirement Plan in NY (12 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Similar participant headcount

Nearest other-state filings by covered participants (12 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan assets move in 2024?
Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan contracted severely - down 51.3% during 2024, from $9M to $4M. Reported net income was -$4M.
How have Marine Towing & Salvage of S.W. Fl, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Marine Towing & Salvage of S.W. Fl, Inc's sponsor-wide assets declined 52.1%, from $9M to $4M.
Which Profit Sharing plans are similar in size to Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Ali'i Health Center 401(a) Plan in HI ($4M, 105 participants).
Which Profit Sharing plans cover a similar participant headcount to Marine Towing & Salvage of S.W. Fl, Inc Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Hasenfeld-Stein, Inc. Profit Sharing Retirement Plan in NY (12 participants, N/A in assets).