Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

Decrescente Distributing Co., Inc. 401(k) Plan

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

Sponsored by Decrescente Distributing Co Inc · New York · Wholesale Trade

What the 2023 filing shows

Decrescente Distributing Co., Inc. 401(k) Plan holds $42M for 413 participants — about $101,142 per participant, up 22.5% over the 2023 plan year.

$42M
total plan assets (2023 EOY)
413
covered participants
$101,142
avg assets per participant
+22.5%
assets growth YoY
Total Assets (2023)
$42M
Participants
413
State
Industry
Wholesale Trade

What the Filing Says About Decrescente Distributing Co., Inc. 401(k) Plan

Decrescente Distributing Co., Inc. 401(k) Plan is a Profit Sharing retirement plan sponsored by Decrescente Distributing Co Inc, headquartered in New York. As of the 2023 Form 5500 filing, the plan reports $42M in total end-of-year assets and covers 413 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 141539093, and the plan has been effective since 1995-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $34M at the beginning of 2023 to $42M at year-end — a gain of 22.5%. Net assets (after liabilities) closed the year at $42M, with reported net income of $8M 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)$34M
Total Assets (End of Year)$42M
Net Assets (End of Year)$42M
Net Income$8M
Plan TypeProfit Sharing
Employer EIN141539093
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Decrescente Distributing Co Inc)

Year Plans Participants Total Assets
2022 1 403 $34M
2023 1 413 $42M

Nearby Profit Sharing Plans in New York

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Frequently Asked Questions

How much money is in the Decrescente Distributing Co., Inc. 401(k) Plan?
As of the 2023 Form 5500 filing, Decrescente Distributing Co., Inc. 401(k) Plan holds $42M in total assets with 413 participants. It is sponsored by Decrescente Distributing Co Inc.
What type of plan is Decrescente Distributing Co., Inc. 401(k) Plan?
Decrescente Distributing Co., Inc. 401(k) Plan is a Profit Sharing plan. It has been effective since 1995-01-01. The plan is filed with the U.S. Department of Labor under EIN 141539093.
Who sponsors the Decrescente Distributing Co., Inc. 401(k) Plan?
Decrescente Distributing Co., Inc. 401(k) Plan is sponsored by Decrescente Distributing Co Inc, located in New York. The sponsor's EIN is 141539093 and the plan operates in the Wholesale Trade industry.
How did Decrescente Distributing Co., Inc. 401(k) Plan perform in 2023?
Decrescente Distributing Co., Inc. 401(k) Plan grew by 22.5% during 2023, moving from $34M to $42M in total assets. Net income was $8M.
Where can I find official filings for Decrescente Distributing Co., Inc. 401(k) Plan?
Official Form 5500 filings for Decrescente Distributing Co., Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 141539093 or plan name at efast.dol.gov.
How does Decrescente Distributing Co., Inc. 401(k) Plan compare to other plans?
You can compare Decrescente Distributing Co., Inc. 401(k) Plan against other Profit Sharing plans on the plan type page, or view plans in New York 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 141539093.

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.