401(k) · DOL Form 5500 · 2024

Shore Point Distributing Co., Inc. 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
123
Participants Small participant base
76th
Percentile by assets National rank
$221,285
Avg per participant Above avg balance/head
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Official DOL plan name: Shore Point Distributing Employees' Profit Sharing Plan · Sponsored by Shore Point Distributing Co., Inc. · New Jersey · Wholesale Trade

$27M in assets, 123 participants

Shore Point Distributing Co., Inc.'s Shore Point Distributing Employees' Profit Sharing Plan reported $27M in total assets and 123 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • #4,474 in Wholesale Trade (6,080 peers)

Coverage in New Jersey

Shore Point Distributing Employees' Profit Sharing Plan covers 123 participants in New Jersey, about 15% of the average New Jersey filer (state average ~844 per filing). Assets: $27M.

#4,474
in Wholesale Trade (6,080 peers)
+12.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Shore Point Distributing Employees' Profit Sharing Plan's outsized position by total assets

Shore Point Distributing Employees' Profit Sharing Plan vs every filed plan by assets

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

$27,218,112 Top 24% higher than 76% 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

Shore Point Distributing Employees' Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Shore Point Distributing Employees' Profit Sharing Plan sits mid-pack in the medium band (123 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Shore Point Distributing Employees' Profit Sharing Plan end-of-year assets rose from $24M in the plan year 2023 filing to $27M in the plan year 2024 filing.
  • Shore Point Distributing Employees' Profit Sharing Plan reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Shore Point Distributing Employees' Profit Sharing Plan reported participants rose from 121 in the plan year 2023 filing to 123 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 210611286 · Shore Point Distributing Co., Inc. PY 2024 · 401(k)

Shore Point Distributing Employees' Profit Sharing Plan · $27M · 123 · 76th

  • VS-ST $27M
  • VS-ST 123
  • VS-ST 76th
  • VS-ST 401(k)
  • VS-ST near Sharpline Converting, Inc. Salary Deferral 401(k) Plan
  • VS-ST ind #4474

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 Wholesale Trade retirement plans → · Plans in New Jersey →

Shore Point Distributing Employees' Profit Sharing Plan in the asset neighbourhood

Shore Point Distributing Employees' Profit Sharing PlanShore Point Distributing Emp…$27MSharpline Converting, Inc. Salary Deferral 401(k) PlanSharpline Converting, Inc. S…$27MRiverview Bancorp Inc. Employees' Savings & Profit Sharing Plan and TrustRiverview Bancorp Inc. Emplo…$27MCommunity Choice Credit Union 401(k) PlanCommunity Choice Credit Unio…$27MCamico Savings and Investment PlanCamico Savings and Investmen…$27M
End-of-year total assets ($M) among Shore Point Distributing Employees' Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$27M
Net Income$3M
Employer EIN210611286
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shore Point Distributing Co., Inc.)

Sponsor-wide plan assets over time

All Shore Point Distributing Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$44M 29.25913963870429% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $34.3M $44.4M ▲ +29.2%
Year Plans Participants Total Assets
2022 2 256 $34M
2023 2 255 $40M
2024 2 257 $44M

Nearby 401(k) Plans in New Jersey

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Shore Point Distributing Employees' Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Shore Point Distributing Employees' Profit Sharing Plan, Total assets ($B): 0.027218112 · Participants: 123Shore Point Distributing Employees' Profit Sharing PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 52.9134575 · Participants: 185532JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 29.376133902 · Participants: 69218Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 23.58476515 · Participants: 42583Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 18.327167732 · Participants: 56714Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 14.970916966 · Participants: 27956Merck US Savings Plan
Shore Point Distributing Employees' Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Shore Point Distributing Employees' Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Sharpline Converting, Inc. Salary Deferral 401(k) Plan in KS ($27M); by covered participants it is App Annie 401(k) Plan in CA (123 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (123 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 Shore Point Distributing Employees' Profit Sharing Plan assets move in 2024?
Shore Point Distributing Employees' Profit Sharing Plan grew at a solid clip - up 12.2% during 2024, from $24M to $27M. Reported net income was $3M.
How have Shore Point Distributing Co., Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Shore Point Distributing Co., Inc.'s sponsor-wide assets grew 29.3%, from $34M to $44M.
Where does Shore Point Distributing Employees' Profit Sharing Plan rank by assets among Form 5500 filers?
Shore Point Distributing Employees' Profit Sharing Plan ranks in the 76th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Shore Point Distributing Employees' Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Sharpline Converting, Inc. Salary Deferral 401(k) Plan in KS ($27M, 272 participants).
Which 401(k) plans cover a similar participant headcount to Shore Point Distributing Employees' Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is App Annie 401(k) Plan in CA (123 participants, $12M in assets).