Profit Sharing · DOL Form 5500 · 2024

Infrared Fitness Studios, Inc. Profit Sharing Plan

Data updated 2026-08-25

$208K
Total assets Small plan by assets
1
Participants Small participant base
11th
Percentile by assets National rank
$208,078
Avg per participant Above avg balance/head
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Official DOL plan name: Infrared Fitness Studios, Inc. Retirement Plan · Sponsored by Infrared Fitness Studios, Inc. · Illinois · Arts, Entertainment & Recreation

$208K in assets, 1 participants

Infrared Fitness Studios, Inc.'s Infrared Fitness Studios, Inc. Retirement Plan reported $208K in total assets and 1 participant in its 2024 DOL Form 5500 filing, ranking in the 11th 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.

  • #743 in Arts, Entertainment & Recreation (2,921 peers)

Infrared Fitness Studios, Inc. multi-year trail

Infrared Fitness Studios, Inc.'s plans moved -59.2% in assets from 2023 to 2024; this filing shows Infrared Fitness Studios, Inc. Retirement Plan at $208K / 1 participant.

#743
in Arts, Entertainment & Recreation (2,921 peers)
-59.2%
assets change YoY

The plan reported a net loss of $301K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Infrared Fitness Studios, Inc. Retirement Plan among the smaller filed plans by assets

Infrared Fitness Studios, Inc. Retirement Plan vs every filed plan by assets

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

$208,078 11th percentile higher than 11% 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

Infrared Fitness Studios, 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. Infrared Fitness Studios, Inc. Retirement Plan is a micro filing (1 participant), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Infrared Fitness Studios, Inc. Retirement Plan reported net income fell from $510K in the plan year 2023 filing to -$301K in the plan year 2024 filing.
  • Infrared Fitness Studios, Inc. Retirement Plan end-of-year assets fell from $510K in the plan year 2023 filing to $208K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 922778611 · Infrared Fitness Studios, Inc. PY 2024 · Profit Sharing

Infrared Fitness Studios, Inc. Retirement Plan · $208K · 1 · 11th

  • EOY $208K
  • EOY 1
  • EOY 11th
  • EOY Profit Sharing
  • EOY near Division 1 Training of Monmouth New Jersey, Inc. Retirement Plan
  • EOY ind #743

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 Arts, Entertainment & Recreation retirement plans → · Plans in Illinois →

Infrared Fitness Studios, Inc. Retirement Plan in the asset neighbourhood

Infrared Fitness Studios, Inc. Retirement PlanInfrared Fitness Studios, In…$208KDivision 1 Training of Monmouth New Jersey, Inc. Retirement PlanDivision 1 Training of Monmo…$208KL. E. J. Boutique Inc. Retirement PlanL. E. J. Boutique Inc. Retir…$208KTbyrd, Inc. Retirement Plan$208KHappy Mango Management, Inc. Profit Sharing PlanHappy Mango Management, Inc.…$208K
End-of-year total assets ($M) among Infrared Fitness Studios, Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Infrared Fitness Studios, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Infrared Fitness Studios, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$208K 59.16051359955408% vs 2023
2024 filing year
$0.1M$0.2M$0.3M$0.4M$0.5M$0.6M 20232024 $0.51M $0.21M ▼ -58.8%
Year Plans Participants Total Assets
2023 1 1 $510K
2024 1 1 $208K

Infrared Fitness Studios, Inc. filing trail (2024)

Total Assets (Beginning of Year)$510K
Net Assets (End of Year)$208K
Net Income-$301K
Employer EIN922778611
Plan Effective Date2023-04-10
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Illinois

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

Infrared Fitness Studios, Inc. Retirement Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -101234 Total assets ($B) Participants Infrared Fitness Studios, Inc. Retirement Plan, Total assets ($B): 0.000208078 · Participants: 1Infrared Fitness Studios, Inc. Retirement PlanW. W. Grainger, Inc. Retirement Savings Plan, Total assets ($B): 3.778311009 · Participants: 18584W. W. Grainger, Inc. Retirement Savings PlanElectrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5, Total assets ($B): 3.469243854 · Participants: 24278Electrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5Mcmaster-Carr Supply Company Profit Sharing Trust, Total assets ($B): 3.008828322 · Participants: 4364Mcmaster-Carr Supply Company Profit Sharing TrustMid-America Carpenters Regional Council Supplemental Retirement Plan, Total assets ($B): 2.023030159 · Participants: 15593Mid-America Carpenters Regional Council Supplemental Retirement PlanCarle Foundation Hospital and Affiliates Matching Tsa Plan, Total assets ($B): 1.368713933 · Participants: 16059Carle Foundation Hospital and Affiliates Matching Tsa Plan
Infrared Fitness Studios, Inc. Retirement Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Infrared Fitness Studios, Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Illinois, the nearest Profit Sharing by assets is Division 1 Training of Monmouth New Jersey, Inc. Retirement Plan in NJ ($208K); by covered participants it is Gerald L. Bowen, P.C. Profit Sharing Plan in PA (1 participant). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1 participant); 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 Infrared Fitness Studios, Inc. Retirement Plan assets move in 2024?
Infrared Fitness Studios, Inc. Retirement Plan contracted severely - down 59.2% during 2024, from $510K to $208K. Reported net income was -$301K.
How have Infrared Fitness Studios, Inc. plan assets changed over time?
Across 2 plan years on file (2023-2024), Infrared Fitness Studios, Inc.'s sponsor-wide assets declined 59.2%, from $510K to $208K.
Where does Infrared Fitness Studios, Inc. Retirement Plan rank by assets among Form 5500 filers?
Infrared Fitness Studios, Inc. Retirement Plan ranks in the 11th 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 Infrared Fitness Studios, Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Division 1 Training of Monmouth New Jersey, Inc. Retirement Plan in NJ ($208K, 7 participants).
Which Profit Sharing plans cover a similar participant headcount to Infrared Fitness Studios, Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Gerald L. Bowen, P.C. Profit Sharing Plan in PA (1 participant, N/A in assets).