Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

Employee Benefit Plan of Jet Research Development, Inc.

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Jet Research Development, Inc. · Florida · Manufacturing

What the 2023 filing shows

Employee Benefit Plan of Jet Research Development, Inc. holds $16M for 136 participants — about $114,487 per participant, up 31.8% over the 2023 plan year.

$16M
total plan assets (2023 EOY)
136
covered participants
$114,487
avg assets per participant
+31.8%
assets growth YoY
Total Assets (2023)
$16M
Participants
136
State
Industry
Manufacturing

What the Filing Says About Employee Benefit Plan of Jet Research Development, Inc.

Employee Benefit Plan of Jet Research Development, Inc. is a Profit Sharing retirement plan sponsored by Jet Research Development, Inc., headquartered in Florida. As of the 2023 Form 5500 filing, the plan reports $16M in total end-of-year assets and covers 136 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 591427152, and the plan has been effective since 1977-09-30. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $12M at the beginning of 2023 to $16M at year-end — a gain of 31.8%. Net assets (after liabilities) closed the year at $16M, with reported net income of $4M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$12M
Total Assets (End of Year)$16M
Net Assets (End of Year)$16M
Net Income$4M
Plan TypeProfit Sharing
Employer EIN591427152
Plan Effective Date1977-09-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Jet Research Development, Inc.)

Year Plans Participants Total Assets
2022 1 92 $12M
2023 1 136 $16M

Nearby Profit Sharing Plans in Florida

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

Frequently Asked Questions

How much money is in the Employee Benefit Plan of Jet Research Development, Inc.?
As of the 2023 Form 5500 filing, Employee Benefit Plan of Jet Research Development, Inc. holds $16M in total assets with 136 participants. It is sponsored by Jet Research Development, Inc..
What type of plan is Employee Benefit Plan of Jet Research Development, Inc.?
Employee Benefit Plan of Jet Research Development, Inc. is a Profit Sharing plan. It has been effective since 1977-09-30. The plan is filed with the U.S. Department of Labor under EIN 591427152.
Who sponsors the Employee Benefit Plan of Jet Research Development, Inc.?
Employee Benefit Plan of Jet Research Development, Inc. is sponsored by Jet Research Development, Inc., located in Florida. The sponsor's EIN is 591427152 and the plan operates in the Manufacturing industry.
How did Employee Benefit Plan of Jet Research Development, Inc. perform in 2023?
Employee Benefit Plan of Jet Research Development, Inc. grew by 31.8% during 2023, moving from $12M to $16M in total assets. Net income was $4M.
Where can I find official filings for Employee Benefit Plan of Jet Research Development, Inc.?
Official Form 5500 filings for Employee Benefit Plan of Jet Research Development, Inc. are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 591427152 or plan name at efast.dol.gov.
How does Employee Benefit Plan of Jet Research Development, Inc. compare to other plans?
You can compare Employee Benefit Plan of Jet Research Development, Inc. against other Profit Sharing plans on the plan type page, or view plans in Florida on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 591427152.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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