Profit Sharing · DOL Form 5500 · 2024

Terwelp Inc Profit Sharing Plan

Data updated 2026-07-24

$4M
Total assets
8
Participants
39th
Percentile by assets
$544,041
Avg per participant
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Official DOL plan name: Terwelp Inc Ez-Psp · Sponsored by Terwelp Inc · Iowa · Retail Trade

$4M in assets, 8 participants

Terwelp Inc's Terwelp Inc Ez-Psp reported $4M in total assets and 8 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.

  • 39th percentile by assets (of 116,472 plans)

Terwelp Inc multi-year trail

Terwelp Inc's plans moved +38.4% in assets from 2022 to 2024; this filing shows Terwelp Inc Ez-Psp at $4M / 8 participants.

$4M
total plan assets (2024 EOY)
8
covered participants
39th
percentile by assets (of 116,472 plans)
$544,041
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Terwelp Inc Ez-Psp reported net income fell from $736K in the plan year 2023 filing to $472K in the plan year 2024 filing.
  • Terwelp Inc Ez-Psp reported participants rose from 7 in the plan year 2023 filing to 8 in the plan year 2024 filing.
  • Terwelp Inc Ez-Psp end-of-year assets rose from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Terwelp Inc across 3 plan years on file

Across the 3 plan years Terwelp Inc has on file (2022-2024), sponsor-wide plan assets have moved from $3M to $4M, a gain of 38.4%, while reported participants moved from 7 to 8 (+14.3%). Peak year by sponsor assets: 2024 ($4M); trough: 2022 ($3M).

Terwelp Inc multi-year asset trail

$3M$3.5M$4M$4.5M 202220232024 $3.14M $4.35M ▲ +38.5%
Total plan assets by year, all Terwelp Inc plans on file
Year Plans Participants Total Assets
2022 1 7 $3M
2023 1 7 $4M
2024 1 8 $4M

Terwelp Inc filing trail (2024)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income$472K
Employer EIN431103533
Plan Effective Date1991-02-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Iowa

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

Terwelp Inc Ez-Psp vs. nearby Profit Sharing plans in Iowa, assets vs. participants

Terwelp Inc Ez-Psp vs. nearby Profit Sharing plans in Iowa, assets vs. participants Scatter plot of 6 data points. -1000100200300400 020406080 Total assets ($M) Participants Terwelp Inc Ez-PspDordt University Def…Medtec LLC 401(k) Re…Newton Clinic, P.C. …Burgess Health Cente…Peterson Genetics, I…
Terwelp Inc Ez-Psp vs. nearby Profit Sharing plans in Iowa, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Terwelp Inc Ez-Psp by total assets, not by location.

Frequently Asked Questions

How did Terwelp Inc Ez-Psp assets move in 2024?
Terwelp Inc Ez-Psp grew at a solid clip - up 12.2% during 2024, from $4M to $4M. Reported net income was $472K.
How have Terwelp Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Terwelp Inc's sponsor-wide assets grew 38.4%, from $3M to $4M.
Which Profit Sharing plans are similar in size to Terwelp Inc Ez-Psp?
Among Profit Sharing plans in other states, the closest by assets is David M. Hirsh Md PC Employees Profit Sharing Plan in NY ($4M, N/A participants).

Multi-year trail

Ways to act on Terwelp Inc Ez-Psp's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 431103533.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.