Profit Sharing · DOL Form 5500 · 2023
Sohn Linen Service Profit Sharing Plan
Data updated 2026-08-11
- $11M
- Total assets
- 166
- Participants
- 60th
- Percentile by assets
- $64,054
- Avg per participant
Official DOL plan name: Sohn Linen Service Employees Profit Sharing Plan · Sponsored by Sohn Linen Service · Michigan · Other Services
$11M in assets, 166 participants
Sohn Linen Service's Sohn Linen Service Employees Profit Sharing Plan reported $11M in total assets and 166 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.
- 60th percentile by assets (of 127,072 plans)
- #6,064 in Other Services (7,857 peers)
Coverage in Michigan
Sohn Linen Service Employees Profit Sharing Plan covers 166 participants in Michigan, about 26% of the average Michigan filer (state average ~638 per filing). Assets: $11M.
- $11M
- total plan assets (2023 EOY)
- 166
- covered participants
- 60th
- percentile by assets (of 127,072 plans)
- $64,054
- avg assets per participant
Where Sohn Linen Service Employees Profit Sharing Plan sits by total assets
Sohn Linen Service Employees Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$10,632,920 Top 40% higher than 60% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sohn Linen Service Employees Profit Sharing Plan reported net income rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
- Sohn Linen Service Employees Profit Sharing Plan end-of-year assets rose from $9M in the plan year 2022 filing to $11M in the plan year 2023 filing.
- Sohn Linen Service Employees Profit Sharing Plan reported participants fell from 193 in the plan year 2022 filing to 166 in the plan year 2023 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Sohn Linen Service Employees Profit Sharing Plan reports 166 participants - about 26% of that state average ($11M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $9M |
|---|---|
| Net Assets (End of Year) | $11M |
| Net Income | $2M |
| Employer EIN | 381050750 |
| Plan Effective Date | 1966-09-30 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sohn Linen Service)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 193 | $9M |
| 2023 | 1 | 166 | $11M |
| 2024 | 1 | 167 | $10M |
Nearby Profit Sharing Plans in Michigan
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Sohn Linen Service Employees Profit Sharing Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants
- Henry Ford Health System Retirement Savings Plan $1.7B · 14,349
- Construction Industry Retirement Fund of Rockford $564M · 10,685
- Ohio Carpenters' Annuity Plan $410M · 9,314
- Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan $288M · 1,404
- NECA-IBEW Memphis Retirement Plan $213M · 2,389
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Sohn Linen Service Employees Profit Sharing Plan by total assets, not by location.
Frequently Asked Questions
How did Sohn Linen Service Employees Profit Sharing Plan assets move in 2023? ▼
How have Sohn Linen Service plan assets changed over time? ▼
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Filing takeaways
Ways to act on Sohn Linen Service Employees Profit Sharing Plan's numbers.
- By total assets, Sohn Linen Service Employees Profit Sharing Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Michigan. Compare plans
- Sohn Linen Service's sponsor-wide assets have grown 18.3% since 2022 across 3 plan years on file. More Other Services plans