Profit Sharing · DOL Form 5500 · 2024

Cipbest Enterprises, Inc. Profit Sharing Plan

Data updated 2026-08-25

$115K
Total assets Small plan by assets
1
Participants Small participant base
7th
Percentile by assets National rank
$115,471
Avg per participant Below avg balance/head
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Official DOL plan name: Cipbest Enterprises, Inc. Retirement Plan · Sponsored by Cipbest Enterprises, Inc. · Michigan · Construction

$115K in assets, 1 participants

Cipbest Enterprises, Inc.'s Cipbest Enterprises, Inc. Retirement Plan reported $115K in total assets and 1 participant in its 2024 DOL Form 5500 filing, ranking in the 7th 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.

  • #580 in Construction (9,039 peers)

Cipbest Enterprises, Inc. multi-year trail

Cipbest Enterprises, Inc.'s plans moved -27.2% in assets from 2022 to 2024; this filing shows Cipbest Enterprises, Inc. Retirement Plan at $115K / 1 participant.

#580
in Construction (9,039 peers)
+49.2%
assets growth YoY

Cipbest Enterprises, Inc. Retirement Plan among the smaller filed plans by assets

Cipbest Enterprises, Inc. Retirement Plan vs every filed plan by assets

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

$115,471 7th percentile higher than 7% 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

Cipbest Enterprises, 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. Cipbest Enterprises, 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

  • Cipbest Enterprises, Inc. Retirement Plan reported net income rose from -$81K in the plan year 2023 filing to $38K in the plan year 2024 filing.
  • Cipbest Enterprises, Inc. Retirement Plan end-of-year assets rose from $77K in the plan year 2023 filing to $115K in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 874644710 · Cipbest Enterprises, Inc. PY 2024 · Profit Sharing

Cipbest Enterprises, Inc. Retirement Plan · $115K · 1 · 7th

  • VS-ST $115K
  • VS-ST 1
  • VS-ST 7th
  • VS-ST Profit Sharing
  • VS-ST near R. Hernandez Castillo Retirement Plan
  • VS-ST ind #580

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 Construction retirement plans → · Plans in Michigan →

Cipbest Enterprises, Inc. Retirement Plan in the asset neighbourhood

Cipbest Enterprises, Inc. Retirement PlanCipbest Enterprises, Inc. Re…$115KR. Hernandez Castillo Retirement PlanR. Hernandez Castillo Retire…$115KR. Hernandez Castillo Retirement PlanR. Hernandez Castillo Retire…$115KAdrian Scott Industries, Inc. Profit Sharing PlanAdrian Scott Industries, Inc…$115KFlood, Kallus & Yen P.C. Profit Sharing Plan #2Flood, Kallus & Yen P.C. Pro…$115K
End-of-year total assets ($M) among Cipbest Enterprises, Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Cipbest Enterprises, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Cipbest Enterprises, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$115K 27.212844013565135% vs 2022
2024 filing year
$0.05M$0.1M$0.15M$0.2M 202220232024 $0.16M $0.12M ▼ -25.0%
Year Plans Participants Total Assets
2022 1 1 $159K
2023 1 1 $77K
2024 1 1 $115K

Cipbest Enterprises, Inc. filing trail (2024)

Total Assets (Beginning of Year)$77K
Net Assets (End of Year)$115K
Net Income$38K
Employer EIN874644710
Plan Effective Date2022-02-09
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Michigan

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

Cipbest Enterprises, Inc. Retirement Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.52 Total assets ($B) Participants Cipbest Enterprises, Inc. Retirement Plan, Total assets ($B): 0.000115471 · Participants: 1Cipbest Enterprises, Inc. Retirement PlanHenry Ford Health System Retirement Savings Plan, Total assets ($B): 1.838163362 · Participants: 13461Henry Ford Health System Retirement Savings PlanHemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan, Total assets ($B): 0.339745231 · Participants: 1472Hemlock Semiconductor Operations LLC Employees' Capital Accumulation PlanIron Workers Defined Contribution Pension Fund Plan, Total assets ($B): 0.231623418 · Participants: 5319Iron Workers Defined Contribution Pension Fund PlanNECA-IBEW Memphis Retirement Plan, Total assets ($B): 0.229985274 · Participants: 2755NECA-IBEW Memphis Retirement PlanPlumbers and Pipefitters Local Union 520 Annuity Plan, Total assets ($B): 0.219548504 · Participants: 1639Plumbers and Pipefitters Local Union 520 Annuity Plan
Cipbest Enterprises, Inc. Retirement Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants
Compare Cipbest Enterprises, Inc. Retirement Plan side-by-side with 3 peers →

Cipbest Enterprises, Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is R. Hernandez Castillo Retirement Plan in PR ($115K); 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.

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 Cipbest Enterprises, Inc. Retirement Plan assets move in 2024? ▼
Cipbest Enterprises, Inc. Retirement Plan surged - up 49.2% during 2024, from $77K to $115K. Reported net income was $38K.
How have Cipbest Enterprises, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cipbest Enterprises, Inc.'s sponsor-wide assets declined 27.2%, from $159K to $115K.
Where does Cipbest Enterprises, Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Cipbest Enterprises, Inc. Retirement Plan ranks in the 7th 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 Cipbest Enterprises, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is R. Hernandez Castillo Retirement Plan in PR ($115K, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to Cipbest Enterprises, 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).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 874644710.

Read our methodology - how this data is sourced, computed, and verified.

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