Money Purchase · DOL Form 5500 · 2024

Hylton S Petit Jr Money Purchase Plan

Data updated 2026-08-11

$2M
Total assets
3
Participants
28th
Percentile by assets
$556,043
Avg per participant
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Official DOL plan name: Hylton S Petit Jr Money Purchase Plan · Sponsored by Hylton S Petit Jr · Louisiana · Finance & Insurance

$2M in assets, 3 participants

Hylton S Petit Jr's Hylton S Petit Jr Money Purchase Plan reported $2M in total assets and 3 participants in its 2024 DOL Form 5500 filing, ranking in the 28th 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.

  • 28th percentile by assets (of 123,622 plans)
  • #1,459 in Finance & Insurance (8,549 peers)

What the 2024 filing shows

Hylton S Petit Jr Money Purchase Plan holds $2M for 3 participants - about $556,043 per participant, in the lower half of filed plans by assets.

$2M
total plan assets (2024 EOY)
3
covered participants
28th
percentile by assets (of 123,622 plans)
$556,043
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hylton S Petit Jr Money Purchase Plan reported net income rose from $43K in the plan year 2023 filing to $76K in the plan year 2024 filing.
  • Hylton S Petit Jr Money Purchase Plan end-of-year assets rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Money Purchase filing for Hylton S Petit Jr Money Purchase Plan

Money Purchase filing for plan year 2024: EIN 720760840 ; effective since 1979-12-27 ; filing status FILING RECEIVED. Verify the certified figures on DOL EFAST2.

Filing particulars (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$76K
Employer EIN720760840
Plan Effective Date1979-12-27
Filing StatusFILING RECEIVED

Sponsor Plan History (Hylton S Petit Jr)

$1.5M$1.55M$1.6M$1.65M$1.7M 202220232024 $1.55M $1.67M ▲ +7.7%
Total plan assets by year, all Hylton S Petit Jr plans on file
Year Plans Participants Total Assets
2022 1 3 $2M
2023 1 3 $2M
2024 1 3 $2M

Nearby Money Purchase Plans in Louisiana

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Hylton S Petit Jr Money Purchase Plan vs. nearby Money Purchase plans in Louisiana, assets vs. participants

Hylton S Petit Jr Money Purchase Plan vs. nearby Money Purchase plans in Louisiana, assets vs. participants Scatter plot of 6 data points. -5051015 0123456 Total assets ($M) Participants Hylton S Petit Jr Mo…Atlas Retirement PlanTroy R Keller Aplc P…Ray L VaughnCbd Docusource Profi…Purnachandra Yerneni…
Hylton S Petit Jr Money Purchase Plan vs. nearby Money Purchase plans in Louisiana, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Hylton S Petit Jr Money Purchase Plan by total assets, not by location.

Frequently Asked Questions

How did Hylton S Petit Jr Money Purchase Plan assets move in 2024?
Hylton S Petit Jr Money Purchase Plan edged up modestly - up 4.8% during 2024, from $2M to $2M. Reported net income was $76K.
How have Hylton S Petit Jr plan assets changed over time?
Across 3 plan years on file (2022-2024), Hylton S Petit Jr's sponsor-wide assets grew 7.7%, from $2M to $2M.
Which Money Purchase plans are similar in size to Hylton S Petit Jr Money Purchase Plan?
Among Money Purchase plans in other states, the closest by assets is Eugene Gibilaro Md Profit Sharing Plan in NY ($2M, 4 participants).

Next read for Hylton S Petit Jr Money Purchase Plan

Filing takeaways

Ways to act on Hylton S Petit Jr Money Purchase Plan's numbers.