Profit Sharing · DOL Form 5500 · 2024

Stephen E Clason Profit Sharing Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
2
Participants Small participant base
54th
Percentile by assets National rank
$4.6M
Avg per participant High balance/head
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Official DOL plan name: American Funds Basic Profit Sharing · Sponsored by Stephen E Clason · Hawaii · Healthcare & Social Assistance

$9M in assets, 2 participants

Stephen E Clason's American Funds Basic Profit Sharing reported $9M in total assets and 2 participants in its 2024 DOL Form 5500 filing, ranking in the 54th 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.

  • #10,037 in Healthcare & Social Assistance (16,916 peers)

Stephen E Clason multi-year trail

Stephen E Clason's plans moved +41.0% in assets from 2022 to 2024; this filing shows American Funds Basic Profit Sharing at $9M / 2 participants.

#10,037
in Healthcare & Social Assistance (16,916 peers)
+16.2%
assets growth YoY

American Funds Basic Profit Sharing's mid-pack asset rank among Healthcare & Social Assistance and all filers

American Funds Basic Profit Sharing vs every filed plan by assets

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

$9,214,843 Top 46% higher than 54% 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

American Funds Basic Profit Sharing among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. American Funds Basic Profit Sharing is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • American Funds Basic Profit Sharing end-of-year assets rose from $8M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • American Funds Basic Profit Sharing reported net income fell from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 990226577 · Stephen E Clason PY 2024 · Profit Sharing

American Funds Basic Profit Sharing · $9M · 2 · 54th

  • RANK $9M
  • RANK 2
  • RANK 54th
  • RANK Profit Sharing
  • RANK near Silvercar, Inc. 401(k) Plan
  • RANK ind #10037

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 Healthcare & Social Assistance retirement plans → · Plans in Hawaii →

American Funds Basic Profit Sharing in the asset neighbourhood

James a. Brown, M.D., P.C. Profit Sharing Plan & TrustJames a. Brown, M.D., P.C. P…$9MSilvercar, Inc. 401(k) Plan$9MAmerican Funds Basic Profit SharingAmerican Funds Basic Profit …$9MInterwest Venture Management Co. Profit Sharing Plan and TrustInterwest Venture Management…$9MThe H. E. Butt Foundation 403(b) Savings PlanThe H. E. Butt Foundation 40…$9M
End-of-year total assets ($M) among American Funds Basic Profit Sharing and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Stephen E Clason multi-year asset trail

Sponsor-wide plan assets over time

All Stephen E Clason plans reported in each filing year

Latest sponsor-wide plan assets
$9M 40.95566971910108% vs 2022
2024 filing year
$6M$7M$8M$9M$10M 202220232024 $6.54M $9.21M ▲ +40.8%
Year Plans Participants Total Assets
2022 1 2 $7M
2023 1 2 $8M
2024 1 2 $9M

Stephen E Clason filing trail (2024)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$1M
Employer EIN990226577
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Hawaii

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

American Funds Basic Profit Sharing vs. nearby Profit Sharing plans in Hawaii, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -1000100200300400500 Total assets ($M) Participants American Funds Basic Profit Sharing, Total assets ($M): 9.214843 · Participants: 2American Funds Basic Profit SharingHawaii Electricians Annuity Plan, Total assets ($M): 437.680126 · Participants: 2222Hawaii Electricians Annuity PlanHawaii Sheet Metal Workers Annuity Profit Sharing, Total assets ($M): 108.876428 · Participants: 571Hawaii Sheet Metal Workers Annuity Profit SharingSimplicityhr 401(k) Retirement Savings Plan, Total assets ($M): 102.219083 · Participants: 1505Simplicityhr 401(k) Retirement Savings PlanHawaiiusa Fcu Retirement Plan, Total assets ($M): 62.475119 · Participants: 395Hawaiiusa Fcu Retirement PlanHawaiian Dredging Construction Company Profit Sharing Plan, Total assets ($M): 41.050282 · Participants: 308Hawaiian Dredging Construction Company Profit Sharing Plan
American Funds Basic Profit Sharing vs. nearby Profit Sharing plans in Hawaii, assets vs. participants

American Funds Basic Profit Sharing's out-of-state Profit Sharing peers by assets and headcount

Outside Hawaii, the nearest Profit Sharing by assets is Silvercar, Inc. 401(k) Plan in TX ($9M); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants). Same-state nearby plans are listed separately above.

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 American Funds Basic Profit Sharing assets move in 2024?
American Funds Basic Profit Sharing grew sharply - up 16.2% during 2024, from $8M to $9M. Reported net income was $1M.
How have Stephen E Clason plan assets changed over time?
Across 3 plan years on file (2022-2024), Stephen E Clason's sponsor-wide assets grew 41.0%, from $7M to $9M.
Which Profit Sharing plans are similar in size to American Funds Basic Profit Sharing?
Among Profit Sharing plans in other states, the closest by assets is Silvercar, Inc. 401(k) Plan in TX ($9M, 116 participants).
Which Profit Sharing plans cover a similar participant headcount to American Funds Basic Profit Sharing?
Among Profit Sharing plans in other states, the closest by covered participants is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants, $5M in assets).