Profit Sharing · DOL Form 5500 · 2024

Specs Family Partners, Ltd. Profit Sharing Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
2,844
Participants Above avg headcount
50th
Percentile by assets National rank
$2,742
Avg per participant Low balance/head
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Official DOL plan name: Spec's Family Partners Employees' Profit Sharing Plan · Sponsored by Specs Family Partners, Ltd. · Texas · Retail Trade

$8M in assets, 2,844 participants

Specs Family Partners, Ltd.'s Spec's Family Partners Employees' Profit Sharing Plan reported $8M in total assets and 2,844 participants in its 2024 DOL Form 5500 filing, ranking in the 50th 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.

  • #4,881 in Retail Trade (8,048 peers)

Coverage in Texas

Spec's Family Partners Employees' Profit Sharing Plan covers 2,844 participants in Texas, 4.1x the typical Texas plan (state average ~688 per filing). Assets: $8M.

#4,881
in Retail Trade (8,048 peers)
+6.6%
assets growth YoY

Spec's Family Partners Employees' Profit Sharing Plan's mid-pack asset rank among Retail Trade and all filers

Spec's Family Partners Employees' Profit Sharing Plan vs every filed plan by assets

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

$7,798,973 Top 50% higher than 50% 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

Spec's Family Partners Employees' Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Spec's Family Partners Employees' Profit Sharing Plan lands in the large band (2,844 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Spec's Family Partners Employees' Profit Sharing Plan reported net income fell from $6M in the plan year 2023 filing to $484K in the plan year 2024 filing.
  • Spec's Family Partners Employees' Profit Sharing Plan end-of-year assets fell from $13M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Spec's Family Partners Employees' Profit Sharing Plan reported participants fell from 3,545 in the plan year 2023 filing to 2,844 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 741532648 · Specs Family Partners, Ltd. PY 2024 · Profit Sharing

Spec's Family Partners Employees' Profit Sharing Plan · $8M · 2,844 · 50th

  • PHOTO $8M
  • PHOTO 2,844
  • PHOTO 50th
  • PHOTO Profit Sharing
  • PHOTO near W. F. Bolin Employees Profit Sharing Plan
  • PHOTO ind #4881

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 Retail Trade retirement plans → · Plans in Texas →

Spec's Family Partners Employees' Profit Sharing Plan in the asset neighbourhood

Dlc Group Savings Plan$8MSpec's Family Partners Employees' Profit Sharing PlanSpec's Family Partners Emplo…$8MW. F. Bolin Employees Profit Sharing PlanW. F. Bolin Employees Profit…$8MChild Care Resource and Referral, Inc. Matched Savings Retirement PlanChild Care Resource and Refe…$8MEarly Education and Care, Inc. 401(k) Profit Sharing PlanEarly Education and Care, In…$8M
End-of-year total assets ($M) among Spec's Family Partners Employees' Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$484K
Employer EIN741532648
Plan Effective Date1968-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Specs Family Partners, Ltd.)

Sponsor-wide plan assets over time

All Specs Family Partners, Ltd. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 296.17214733717555% vs 2022
2024 filing year
$0M$10M$20M$30M 202220232024 $6.76M $26.8M ▲ +296.3%
Year Plans Participants Total Assets
2022 1 3,543 $7M
2023 1 3,545 $13M
2024 2 7,023 $27M

Nearby Profit Sharing Plans in Texas

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

Spec's Family Partners Employees' Profit Sharing Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -0.500.511.522.5 Total assets ($B) Participants Spec's Family Partners Employees' Profit Sharing Plan, Total assets ($B): 0.007798973 · Participants: 2844Spec's Family Partners Employees' Profit Sharing PlanBaylor College of Medicine Retirement Plan, Total assets ($B): 1.952930545 · Participants: 10721Baylor College of Medicine Retirement PlanH-E-B Partner Stock Plan, Total assets ($B): 1.562703741 · Participants: 103962H-E-B Partner Stock PlanThe Defined Contribution Plan of the Methodist Hospital, Total assets ($B): 1.093595117 · Participants: 31848The Defined Contribution Plan of the Methodist HospitalAmerican Heart Association, Inc. Qualified Retirement Plan, Total assets ($B): 0.514449309 · Participants: 3779American Heart Association, Inc. Qualified Retirement PlanHaynes and Boone Investment Directed Profit Sharing Plan, Total assets ($B): 0.309725264 · Participants: 1069Haynes and Boone Investment Directed Profit Sharing Plan
Spec's Family Partners Employees' Profit Sharing Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants
Compare Spec's Family Partners Employees' Profit Sharing Plan side-by-side with 3 peers →

Spec's Family Partners Employees' Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Texas, the nearest Profit Sharing by assets is W. F. Bolin Employees Profit Sharing Plan in OH ($8M); by covered participants it is Caribbean Restaurants Retirement Plan in PR (2,847 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,844 participants); 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 Spec's Family Partners Employees' Profit Sharing Plan assets move in 2024? ▼
Spec's Family Partners Employees' Profit Sharing Plan grew at a solid clip - up 6.6% during 2024, from $7M to $8M. Reported net income was $484K.
How have Specs Family Partners, Ltd. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Specs Family Partners, Ltd.'s sponsor-wide assets grew 296.2%, from $7M to $27M.
Which Profit Sharing plans are similar in size to Spec's Family Partners Employees' Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is W. F. Bolin Employees Profit Sharing Plan in OH ($8M, N/A participants).
Which Profit Sharing plans cover a similar participant headcount to Spec's Family Partners Employees' Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Caribbean Restaurants Retirement Plan in PR (2,847 participants, $9M 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 741532648.

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.