Profit Sharing · DOL Form 5500 · 2024

United Salvage Corporation Profit Sharing Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
38
Participants Small participant base
34th
Percentile by assets National rank
$78,238
Avg per participant Below avg balance/head
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Official DOL plan name: United Salvage Corporation Profit Sharing Plan · Sponsored by United Salvage Corporation · California · Retail Trade

$3M in assets, 38 participants

United Salvage Corporation's United Salvage Corporation Profit Sharing Plan reported $3M in total assets and 38 participants in its 2024 DOL Form 5500 filing, ranking in the 34th 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.

  • #3,683 in Retail Trade (8,048 peers)

United Salvage Corporation multi-year trail

United Salvage Corporation's plans moved +54.3% in assets from 2022 to 2024; this filing shows United Salvage Corporation Profit Sharing Plan at $3M / 38 participants.

#3,683
in Retail Trade (8,048 peers)
+22.2%
assets growth YoY

United Salvage Corporation Profit Sharing Plan's mid-pack asset rank among Retail Trade and all filers

United Salvage Corporation Profit Sharing Plan vs every filed plan by assets

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

$2,973,029 34th percentile higher than 34% 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

United Salvage Corporation 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. United Salvage Corporation Profit Sharing Plan is a small filing (38 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • United Salvage Corporation Profit Sharing Plan end-of-year assets rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • United Salvage Corporation Profit Sharing Plan reported participants rose from 32 in the plan year 2023 filing to 38 in the plan year 2024 filing.
  • United Salvage Corporation Profit Sharing Plan reported net income rose from $506K in the plan year 2023 filing to $541K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 942180498 · United Salvage Corporation PY 2024 · Profit Sharing

United Salvage Corporation Profit Sharing Plan · $3M · 38 · 34th

  • BOY $3M
  • SCH 38
  • EBSA 34th
  • PART Profit Sharing
  • TYPE near V.I.L. Construction, Inc. Employees Profit Sharing Plan
  • NET ind #3683

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 Retail Trade retirement plans → · Plans in California →

United Salvage Corporation Profit Sharing Plan in the asset neighbourhood

Ghilani Electric, Inc. Profit Sharing PlanGhilani Electric, Inc. Profi…$3MH2o Fun Inc. Retirement Plan$3MUnited Salvage Corporation Profit Sharing PlanUnited Salvage Corporation P…$3MV.I.L. Construction, Inc. Employees Profit Sharing PlanV.I.L. Construction, Inc. Em…$3MEdward R. Levin, Cpa Self Employed Profit Sharing PlanEdward R. Levin, Cpa Self Em…$3M
End-of-year total assets ($M) among United Salvage Corporation Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

United Salvage Corporation multi-year asset trail

Sponsor-wide plan assets over time

All United Salvage Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$3M 54.30327018015886% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M$3.5M 202220232024 $1.93M $2.97M ▲ +53.9%
Year Plans Participants Total Assets
2022 1 30 $2M
2023 1 32 $2M
2024 1 38 $3M

United Salvage Corporation filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$541K
Employer EIN942180498
Plan Effective Date1977-10-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in California

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

United Salvage Corporation Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -20246810 Total assets ($B) Participants United Salvage Corporation Profit Sharing Plan, Total assets ($B): 0.002973029 · Participants: 38United Salvage 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
United Salvage Corporation Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants

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

Outside California, the nearest Profit Sharing by assets is V.I.L. Construction, Inc. Employees Profit Sharing Plan in MI ($3M); by covered participants it is Ajd Ventures Inc. Retirement Plan in MA (38 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (38 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 United Salvage Corporation Profit Sharing Plan assets move in 2024?
United Salvage Corporation Profit Sharing Plan grew sharply - up 22.2% during 2024, from $2M to $3M. Reported net income was $541K.
How have United Salvage Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), United Salvage Corporation's sponsor-wide assets grew 54.3%, from $2M to $3M.
Which Profit Sharing plans are similar in size to United Salvage Corporation Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is V.I.L. Construction, Inc. Employees Profit Sharing Plan in MI ($3M, 7 participants).
Which Profit Sharing plans cover a similar participant headcount to United Salvage Corporation Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Ajd Ventures Inc. Retirement Plan in MA (38 participants, $466K in assets).