Profit Sharing · DOL Form 5500 · 2024

Cherco Corporation Profit Sharing Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
2
Participants Small participant base
27th
Percentile by assets National rank
$800,121
Avg per participant High balance/head
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Official DOL plan name: Cherco Corporation Profit Sharing Plan · Sponsored by Cherco Corporation · California · Other Services

$2M in assets, 2 participants

Cherco Corporation's Cherco Corporation Profit Sharing Plan reported $2M in total assets and 2 participants in its 2024 DOL Form 5500 filing, ranking in the 27th 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.

  • #3,999 in Other Services (7,719 peers)

Other Services sector rank

Within Other Services, Cherco Corporation Profit Sharing Plan ranks #3,999 of 7,719 2024 filers by assets (1254% of the sector average)-$2M for 2 participants.

#3,999
in Other Services (7,719 peers)
-2.4%
assets change YoY

The plan reported a net loss of $39K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Cherco Corporation Profit Sharing Plan among the smaller filed plans by assets

Cherco Corporation Profit Sharing Plan vs every filed plan by assets

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

$1,600,241 27th percentile higher than 27% 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

Cherco Corporation Profit Sharing 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. Cherco Corporation Profit Sharing Plan is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Cherco Corporation Profit Sharing Plan reported net income fell from $134K in the plan year 2023 filing to -$39K in the plan year 2024 filing.
  • Cherco Corporation Profit Sharing Plan end-of-year assets fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 953044218 · Cherco Corporation PY 2024 · Profit Sharing

Cherco Corporation Profit Sharing Plan · $2M · 2 · 27th

  • PHOTO $2M
  • PHOTO 2
  • PHOTO 27th
  • PHOTO Profit Sharing
  • PHOTO near Robert J. Hellmann, Dmd, Inc. Profit Sharing Plan & Trust
  • PHOTO ind #3999

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 Other Services retirement plans → · Plans in California →

Cherco Corporation Profit Sharing Plan in the asset neighbourhood

Cherco Corporation Profit Sharing PlanCherco Corporation Profit Sh…$2MRobert J. Hellmann, Dmd, Inc. Profit Sharing Plan & TrustRobert J. Hellmann, Dmd, Inc…$2MFausz Housz Inc. Retirement PlanFausz Housz Inc. Retirement …$2MTerry's American Hvac, Inc. Retirement PlanTerry's American Hvac, Inc. …$2MKazbish Inc. Retirement Plan$2M
End-of-year total assets ($M) among Cherco Corporation Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Other Services filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$39K
Employer EIN953044218
Plan Effective Date1986-12-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Cherco Corporation)

Sponsor-wide plan assets over time

All Cherco Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$2M 6.2944044424369645% vs 2022
2024 filing year
$1.45M$1.5M$1.55M$1.6M$1.65M$1.7M 202220232024 $1.51M $1.6M ▲ +6.0%
Year Plans Participants Total Assets
2022 1 2 $2M
2023 1 2 $2M
2024 1 2 $2M

Nearby Profit Sharing Plans in California

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

Cherco Corporation Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -20246810 Total assets ($B) Participants Cherco Corporation Profit Sharing Plan, Total assets ($B): 0.001600241 · Participants: 2Cherco Corporation Profit Sharing PlanScpmg Keogh Plan, Total assets ($B): 7.873239427 · Participants: 10749Scpmg Keogh PlanIntel Retirement Contribution Plan, Total assets ($B): 7.29473208 · Participants: 19044Intel Retirement Contribution PlanMotion Picture Industry Individual Account Plan, Total assets ($B): 6.232609737 · Participants: 67842Motion Picture Industry Individual Account PlanMemorialcare Retirement Plan, Total assets ($B): 1.429377 · Participants: 4491Memorialcare Retirement PlanDisney Retirement Savings Plan, Total assets ($B): 1.420512537 · Participants: 36338Disney Retirement Savings Plan
Cherco Corporation Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants
Compare Cherco Corporation Profit Sharing Plan side-by-side with 3 peers →

Cherco Corporation Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside California, the nearest Profit Sharing by assets is Robert J. Hellmann, Dmd, Inc. Profit Sharing Plan & Trust in MO ($2M); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2 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 Cherco Corporation Profit Sharing Plan assets move in 2024? ▼
Cherco Corporation Profit Sharing Plan edged down modestly - down 2.4% during 2024, from $2M to $2M. Reported net income was -$39K.
How have Cherco Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cherco Corporation's sponsor-wide assets grew 6.3%, from $2M to $2M.
Which Profit Sharing plans are similar in size to Cherco Corporation Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Robert J. Hellmann, Dmd, Inc. Profit Sharing Plan & Trust in MO ($2M, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Cherco Corporation Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants, $5M in assets).

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 953044218.

Read our methodology - how this data is sourced, computed, and verified.

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