Profit Sharing · DOL Form 5500 · 2024

Spin City Laundry Inc. Profit Sharing Plan

Data updated 2026-08-25

$778K
Total assets Small plan by assets
5
Participants Small participant base
21st
Percentile by assets National rank
$155,512
Avg per participant Above avg balance/head
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Official DOL plan name: Spin City Laundry Inc. Retirement Plan · Sponsored by Spin City Laundry Inc. · North Carolina · Other Services

$778K in assets, 5 participants

Spin City Laundry Inc.'s Spin City Laundry Inc. Retirement Plan reported $778K in total assets and 5 participants in its 2024 DOL Form 5500 filing, ranking in the 21st 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.

  • #3,380 in Other Services (7,719 peers)

Other Services sector rank

Within Other Services, Spin City Laundry Inc. Retirement Plan ranks #3,380 of 7,719 2024 filers by assets (2581% of the sector average)-$778K for 5 participants.

#3,380
in Other Services (7,719 peers)
+9.3%
assets growth YoY

Spin City Laundry Inc. Retirement Plan among the smaller filed plans by assets

Spin City Laundry Inc. Retirement Plan vs every filed plan by assets

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

$777,561 21st percentile higher than 21% 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

Spin City Laundry 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. Spin City Laundry Inc. Retirement Plan is a micro filing (5 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Spin City Laundry Inc. Retirement Plan reported net income rose from -$132K in the plan year 2023 filing to $66K in the plan year 2024 filing.
  • Spin City Laundry Inc. Retirement Plan reported participants rose from 4 in the plan year 2023 filing to 5 in the plan year 2024 filing.
  • Spin City Laundry Inc. Retirement Plan end-of-year assets rose from $711K in the plan year 2023 filing to $778K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 822868605 · Spin City Laundry Inc. PY 2024 · Profit Sharing

Spin City Laundry Inc. Retirement Plan · $778K · 5 · 21st

  • 5500 $778K
  • 5500 5
  • 5500 21st
  • 5500 Profit Sharing
  • 5500 near Carlos Acosta Anadon Profit Sharing Plan
  • 5500 ind #3380

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 Other Services retirement plans → · Plans in North Carolina →

Spin City Laundry Inc. Retirement Plan in the asset neighbourhood

Spin City Laundry Inc. Retirement PlanSpin City Laundry Inc. Retir…$778KCarlos Acosta Anadon Profit Sharing PlanCarlos Acosta Anadon Profit …$778KMeguzman, Inc. Retirement PlanMeguzman, Inc. Retirement Pl…$778KLaw Offices of Daniel Thomas PC Profit Sharing PlanLaw Offices of Daniel Thomas…$778KAbra Enterprises, Inc. Profit Sharing PlanAbra Enterprises, Inc. Profi…$778K
End-of-year total assets ($M) among Spin City Laundry Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Other Services filing particulars

Total Assets (Beginning of Year)$711K
Net Assets (End of Year)$778K
Net Income$66K
Employer EIN822868605
Plan Effective Date2017-09-21
Filing StatusFILING RECEIVED

Sponsor Plan History (Spin City Laundry Inc.)

Sponsor-wide plan assets over time

All Spin City Laundry Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$778K 7.816980973257759% vs 2022
2024 filing year
$0.65M$0.7M$0.75M$0.8M$0.85M$0.9M 202220232024 $0.84M $0.78M ▼ -7.1%
Year Plans Participants Total Assets
2022 1 5 $843K
2023 1 4 $711K
2024 1 5 $778K

Nearby Profit Sharing Plans in North Carolina

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

Spin City Laundry Inc. Retirement Plan vs. nearby Profit Sharing plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10123 Total assets ($B) Participants Spin City Laundry Inc. Retirement Plan, Total assets ($B): 0.000777561 · Participants: 5Spin City Laundry Inc. Retirement PlanTax Deferred Savings Plan of Novant Health, Inc., Total assets ($B): 2.543711307 · Participants: 38137Tax Deferred Savings Plan of Novant Health, Inc.Charter Communications, Inc. Retirement Accumulation Plan, Total assets ($B): 1.475076189 · Participants: 96794Charter Communications, Inc. Retirement Accumulation PlanFirsthealth of the Carolinas, Inc. Retirement Growth Plan, Total assets ($B): 0.121170094 · Participants: 5933Firsthealth of the Carolinas, Inc. Retirement Growth PlanBaker & Taylor Retirement Savings Plan, Total assets ($B): 0.073097403 · Participants: 1336Baker & Taylor Retirement Savings PlanWhap PA Profit Sharing Plan, Total assets ($B): 0.049559221 · Participants: 0Whap PA Profit Sharing Plan
Spin City Laundry Inc. Retirement Plan vs. nearby Profit Sharing plans in North Carolina, assets vs. participants

Spin City Laundry Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside North Carolina, the nearest Profit Sharing by assets is Carlos Acosta Anadon Profit Sharing Plan in PR ($778K); by covered participants it is Rl Barron Holdings Inc. Retirement Plan in GA (5 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5 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 Spin City Laundry Inc. Retirement Plan assets move in 2024?
Spin City Laundry Inc. Retirement Plan grew at a solid clip - up 9.3% during 2024, from $711K to $778K. Reported net income was $66K.
How have Spin City Laundry Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Spin City Laundry Inc.'s sponsor-wide assets declined 7.8%, from $843K to $778K.
Where does Spin City Laundry Inc. Retirement Plan rank by assets among Form 5500 filers?
Spin City Laundry Inc. Retirement Plan ranks in the 21st 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 Spin City Laundry Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Carlos Acosta Anadon Profit Sharing Plan in PR ($778K, 3 participants).
Which Profit Sharing plans cover a similar participant headcount to Spin City Laundry Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Rl Barron Holdings Inc. Retirement Plan in GA (5 participants, $735K in assets).