Profit Sharing · DOL Form 5500 · 2024

Palmer Companies, Inc. Profit Sharing Plan

Data updated 2026-08-25

$616K
Total assets Small plan by assets
6
Participants Small participant base
19th
Percentile by assets National rank
$102,704
Avg per participant Below avg balance/head
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Official DOL plan name: Palmer Companies, Inc. Retirement Plan · Sponsored by Palmer Companies, Inc. · Minnesota · Food Services & Accommodation

$616K in assets, 6 participants

Palmer Companies, Inc.'s Palmer Companies, Inc. Retirement Plan reported $616K in total assets and 6 participants in its 2024 DOL Form 5500 filing, ranking in the 19th 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.

  • #1,843 in Food Services & Accommodation (3,672 peers)

Food Services & Accommodation sector rank

Within Food Services & Accommodation, Palmer Companies, Inc. Retirement Plan ranks #1,843 of 3,672 2024 filers by assets (3175% of the sector average)-$616K for 6 participants.

#1,843
in Food Services & Accommodation (3,672 peers)
+4.0%
assets growth YoY

Palmer Companies, Inc. Retirement Plan among the smaller filed plans by assets

Palmer Companies, Inc. Retirement Plan vs every filed plan by assets

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

$616,221 19th percentile higher than 19% 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

Palmer Companies, 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. Palmer Companies, Inc. Retirement Plan is a micro filing (6 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Palmer Companies, Inc. Retirement Plan reported net income fell from $88K in the plan year 2023 filing to $24K in the plan year 2024 filing.
  • Palmer Companies, Inc. Retirement Plan reported participants rose from 5 in the plan year 2023 filing to 6 in the plan year 2024 filing.
  • Palmer Companies, Inc. Retirement Plan end-of-year assets rose from $592K in the plan year 2023 filing to $616K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 463446699 · Palmer Companies, Inc. PY 2024 · Profit Sharing

Palmer Companies, Inc. Retirement Plan · $616K · 6 · 19th

  • EIN $616K
  • EIN 6
  • EIN 19th
  • EIN Profit Sharing
  • EIN near Jansen Colberg - Oftalmologo Csp Retirement Plan
  • EIN ind #1843

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 Food Services & Accommodation retirement plans → · Plans in Minnesota →

Palmer Companies, Inc. Retirement Plan in the asset neighbourhood

Palmer Companies, Inc. Retirement PlanPalmer Companies, Inc. Retir…$616KJansen Colberg - Oftalmologo Csp Retirement PlanJansen Colberg - Oftalmologo…$616KStephen W. Kingsley Profit Sharing PlanStephen W. Kingsley Profit S…$617KGrady Crawford Construction Co. Profit Sharing PlanGrady Crawford Construction …$617KNevber S. Cemaletin, Md PC Profit Sharing PlanNevber S. Cemaletin, Md PC P…$616K
End-of-year total assets ($M) among Palmer Companies, Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Food Services & Accommodation filing particulars

Total Assets (Beginning of Year)$592K
Net Assets (End of Year)$616K
Net Income$24K
Employer EIN463446699
Plan Effective Date2013-08-19
Filing StatusFILING RECEIVED

Sponsor Plan History (Palmer Companies, Inc.)

Sponsor-wide plan assets over time

All Palmer Companies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$616K 22.253457976557975% vs 2022
2024 filing year
$0.45M$0.5M$0.55M$0.6M$0.65M 202220232024 $0.5M $0.62M ▲ +24.0%
Year Plans Participants Total Assets
2022 1 6 $504K
2023 1 5 $592K
2024 1 6 $616K

Nearby Profit Sharing Plans in Minnesota

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

Palmer Companies, Inc. Retirement Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.52 Total assets ($B) Participants Palmer Companies, Inc. Retirement Plan, Total assets ($B): 0.000616221 · Participants: 6Palmer Companies, Inc. Retirement PlanPipe Trades Services Mn Pension Supplement Fund, Total assets ($B): 1.820221913 · Participants: 6017Pipe Trades Services Mn Pension Supplement FundAllina 403(b) Retirement Savings Plan, Total assets ($B): 0.902491999 · Participants: 8757Allina 403(b) Retirement Savings PlanFairview Health Services Pension Plan, Total assets ($B): 0.64405166 · Participants: 4702Fairview Health Services Pension PlanCargill Employee Retirement Account Plan, Total assets ($B): 0.612718536 · Participants: 20683Cargill Employee Retirement Account PlanRegions Hospital Retirement Savings 401(k) Plan, Total assets ($B): 0.601951844 · Participants: 6323Regions Hospital Retirement Savings 401(k) Plan
Palmer Companies, Inc. Retirement Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants
Compare Palmer Companies, Inc. Retirement Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest Profit Sharing by assets is Jansen Colberg - Oftalmologo Csp Retirement Plan in PR ($616K); by covered participants it is Genesis Five Inc. Profit Sharing Plan in NC (6 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (6 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 Palmer Companies, Inc. Retirement Plan assets move in 2024? ▼
Palmer Companies, Inc. Retirement Plan edged up modestly - up 4.0% during 2024, from $592K to $616K. Reported net income was $24K.
How have Palmer Companies, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Palmer Companies, Inc.'s sponsor-wide assets grew 22.3%, from $504K to $616K.
Where does Palmer Companies, Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Palmer Companies, Inc. Retirement Plan ranks in the 19th 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 Palmer Companies, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Jansen Colberg - Oftalmologo Csp Retirement Plan in PR ($616K, 8 participants).
Which Profit Sharing plans cover a similar participant headcount to Palmer Companies, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Genesis Five Inc. Profit Sharing Plan in NC (6 participants, $238K 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 463446699.

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.