Profit Sharing · DOL Form 5500 · 2024

Garnet Suites Inc. Profit Sharing Plan

Data updated 2026-08-25

$974K
Total assets Small plan by assets
3
Participants Small participant base
23rd
Percentile by assets National rank
$324,500
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Garnet Suites Inc. Retirement Plan · Sponsored by Garnet Suites Inc. · Pennsylvania · Real Estate

$974K in assets, 3 participants

Garnet Suites Inc.'s Garnet Suites Inc. Retirement Plan reported $974K in total assets and 3 participants in its 2024 DOL Form 5500 filing, ranking in the 23rd 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.

  • #1,828 in Real Estate (4,605 peers)

Garnet Suites Inc. multi-year trail

Garnet Suites Inc.'s plans moved -13.5% in assets from 2022 to 2024; this filing shows Garnet Suites Inc. Retirement Plan at $974K / 3 participants.

#1,828
in Real Estate (4,605 peers)
-13.5%
assets change YoY

The plan reported a net loss of $152K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Garnet Suites Inc. Retirement Plan among the smaller filed plans by assets

Garnet Suites Inc. Retirement Plan vs every filed plan by assets

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

$973,500 23rd percentile higher than 23% 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

Garnet Suites Inc. Retirement Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Garnet Suites Inc. Retirement Plan is a micro filing (3 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Garnet Suites Inc. Retirement Plan reported participants rose from 2 in the plan year 2023 filing to 3 in the plan year 2024 filing.
  • Garnet Suites Inc. Retirement Plan end-of-year assets fell from $1M in the plan year 2023 filing to $974K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 862094775 · Garnet Suites Inc. PY 2024 · Profit Sharing

Garnet Suites Inc. Retirement Plan · $974K · 3 · 23rd

  • TYPE $974K
  • TYPE 3
  • TYPE 23rd
  • TYPE Profit Sharing
  • TYPE near Jose a. Rivera Santiago Retirement Plan
  • TYPE ind #1828

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 Real Estate retirement plans → · Plans in Pennsylvania →

Garnet Suites Inc. Retirement Plan in the asset neighbourhood

Garnet Suites Inc. Retirement PlanGarnet Suites Inc. Retiremen…$974KJose a. Rivera Santiago Retirement PlanJose a. Rivera Santiago Reti…$973KMusic Media & Management Profit Sharing PlanMusic Media & Management Pro…$974KKejem Inc. Retirement Plan$974KRgcc Retirement Plan$973K
End-of-year total assets ($M) among Garnet Suites Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Garnet Suites Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Garnet Suites Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$974K 13.466666666666665% vs 2022
2024 filing year
$0.95M$1M$1.05M$1.1M$1.15M 202220232024 $1.13M $0.97M ▼ -14.2%
Year Plans Participants Total Assets
2022 1 2 $1M
2023 1 2 $1M
2024 1 3 $974K

Garnet Suites Inc. filing trail (2024)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$974K
Net Income-$152K
Employer EIN862094775
Plan Effective Date2021-03-29
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Pennsylvania

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

Garnet Suites Inc. Retirement Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Garnet Suites Inc. Retirement Plan, Total assets ($B): 0.0009735 · Participants: 3Garnet Suites Inc. Retirement PlanEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.245462462 · Participants: 14807Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.995663035 · Participants: 21954University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 1.259021509 · Participants: 3927International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.876135705 · Participants: 10394Temple University Health System, Inc. Defined Contribution Retirement PlanMorgan, Lewis & Bockius LLP Defined Contribution Plan, Total assets ($B): 0.781454632 · Participants: 2477Morgan, Lewis & Bockius LLP Defined Contribution Plan
Garnet Suites Inc. Retirement Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Garnet Suites Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is Jose a. Rivera Santiago Retirement Plan in PR ($973K); by covered participants it is Dick & Jane, Inc. Profit Sharing Plan & Trust in CO (3 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($974K here).

Similar participant headcount

Nearest other-state filings by covered participants (3 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 Garnet Suites Inc. Retirement Plan assets move in 2024?
Garnet Suites Inc. Retirement Plan pulled back noticeably - down 13.5% during 2024, from $1M to $974K. Reported net income was -$152K.
How have Garnet Suites Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Garnet Suites Inc.'s sponsor-wide assets declined 13.5%, from $1M to $974K.
Where does Garnet Suites Inc. Retirement Plan rank by assets among Form 5500 filers?
Garnet Suites Inc. Retirement Plan ranks in the 23rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Garnet Suites Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Jose a. Rivera Santiago Retirement Plan in PR ($973K, 4 participants).
Which Profit Sharing plans cover a similar participant headcount to Garnet Suites Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Dick & Jane, Inc. Profit Sharing Plan & Trust in CO (3 participants, $796K in assets).