Profit Sharing · DOL Form 5500 · 2024

Michelle C. Charles Inc. Profit Sharing Plan

Data updated 2026-08-25

$32K
Total assets Small plan by assets
1
Participants Small participant base
3rd
Percentile by assets National rank
$31,681
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Michelle C. Charles Inc. Retirement Plan · Sponsored by Michelle C. Charles Inc. · New York · Professional & Technical Services

$32K in assets, 1 participants

Michelle C. Charles Inc.'s Michelle C. Charles Inc. Retirement Plan reported $32K in total assets and 1 participant in its 2024 DOL Form 5500 filing, ranking in the 3rd 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.

  • #498 in Professional & Technical Services (20,173 peers)

2024 asset change

Michelle C. Charles Inc. Retirement Plan contracted severely 37.9% in 2024 ($51K → $32K) for 1 participant.

#498
in Professional & Technical Services (20,173 peers)
-37.9%
assets change YoY

The plan reported a net loss of $19K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Michelle C. Charles Inc. Retirement Plan among the smaller filed plans by assets

Michelle C. Charles Inc. Retirement Plan vs every filed plan by assets

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

$31,681 3rd percentile higher than 3% 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

Michelle C. Charles 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. Michelle C. Charles 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

  • Michelle C. Charles Inc. Retirement Plan reported net income fell from $20K in the plan year 2023 filing to -$19K in the plan year 2024 filing.
  • Michelle C. Charles Inc. Retirement Plan end-of-year assets fell from $51K in the plan year 2023 filing to $32K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 842432722 · Michelle C. Charles Inc. PY 2024 · Profit Sharing

Michelle C. Charles Inc. Retirement Plan · $32K · 1 · 3rd

  • BOOK $32K
  • BOOK 1
  • BOOK 3rd
  • BOOK Profit Sharing
  • BOOK near Hoag Ventures Inc. Retirement Plan
  • BOOK ind #498

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 Professional & Technical Services retirement plans → · Plans in New York →

Michelle C. Charles Inc. Retirement Plan in the asset neighbourhood

Michelle C. Charles Inc. Retirement PlanMichelle C. Charles Inc. Ret…$32KHoag Ventures Inc. Retirement PlanHoag Ventures Inc. Retiremen…$32KThe Fiducial Adviser LLC Retirement PlanThe Fiducial Adviser LLC Ret…$32KE. Cortes-Rivera Retirement PlanE. Cortes-Rivera Retirement …$32K9 Liberty Inc. Retirement Plan9 Liberty Inc. Retirement Pl…$32K
End-of-year total assets ($M) among Michelle C. Charles Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Michelle C. Charles Inc. years around the 2024 move

Sponsor-wide plan assets over time

All Michelle C. Charles Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$32K 2.03877866529245% vs 2022
2024 filing year
$0.02M$0.03M$0.04M$0.05M$0.06M 202220232024 $0.03M $0.03M ▲ +0.0%
Year Plans Participants Total Assets
2022 1 1 $31K
2023 1 1 $51K
2024 1 1 $32K

2024 asset-move particulars

Total Assets (Beginning of Year)$51K
Net Assets (End of Year)$32K
Net Income-$19K
Employer EIN842432722
Plan Effective Date2019-07-30
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in New York

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

Michelle C. Charles Inc. Retirement Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -10123 Total assets ($B) Participants Michelle C. Charles Inc. Retirement Plan, Total assets ($B): 0.000031681 · Participants: 1Michelle C. Charles Inc. Retirement PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 2.296401236 · Participants: 18200Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 2.056246349 · Participants: 3278Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.821807482 · Participants: 5817Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for the State University of New York Retirement Plan, Total assets ($B): 1.269293939 · Participants: 9758The Research Foundation for the State University of New York Retirement PlanRochester Regional Health 403(b) Defined Contribution Plan, Total assets ($B): 0.987006461 · Participants: 15432Rochester Regional Health 403(b) Defined Contribution Plan
Michelle C. Charles Inc. Retirement Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Michelle C. Charles Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Hoag Ventures Inc. Retirement Plan in MI ($32K); 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.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($32K here).

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 Michelle C. Charles Inc. Retirement Plan assets move in 2024?
Michelle C. Charles Inc. Retirement Plan contracted severely - down 37.9% during 2024, from $51K to $32K. Reported net income was -$19K.
How have Michelle C. Charles Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Michelle C. Charles Inc.'s sponsor-wide assets grew 2.0%, from $31K to $32K.
Where does Michelle C. Charles Inc. Retirement Plan rank by assets among Form 5500 filers?
Michelle C. Charles Inc. Retirement Plan ranks in the 3rd 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 Michelle C. Charles Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Hoag Ventures Inc. Retirement Plan in MI ($32K, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to Michelle C. Charles 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).