Profit Sharing · DOL Form 5500 · 2024

Canarico Quarries, Inc. Profit Sharing Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
194
Participants Below avg headcount
39th
Percentile by assets National rank
$21,433
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Grupo Carmelo Savings and Investment Plan · Sponsored by Canarico Quarries, Inc. · Puerto Rico · Manufacturing

$4M in assets, 194 participants

Canarico Quarries, Inc.'s Grupo Carmelo Savings and Investment Plan reported $4M in total assets and 194 participants in its 2024 DOL Form 5500 filing, ranking in the 39th 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.

  • #3,904 in Manufacturing (17,777 peers)

Coverage in Puerto Rico

Grupo Carmelo Savings and Investment Plan covers 194 participants in Puerto Rico, 2.2x the typical Puerto Rico plan (state average ~89 per filing). Assets: $4M.

#3,904
in Manufacturing (17,777 peers)
+15.4%
assets growth YoY

Grupo Carmelo Savings and Investment Plan's mid-pack asset rank among Manufacturing and all filers

Grupo Carmelo Savings and Investment Plan vs every filed plan by assets

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

$4,157,919 39th percentile higher than 39% 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

Grupo Carmelo Savings and Investment 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. Grupo Carmelo Savings and Investment Plan sits mid-pack in the medium band (194 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Grupo Carmelo Savings and Investment Plan reported net income fell from $662K in the plan year 2023 filing to $554K in the plan year 2024 filing.
  • Grupo Carmelo Savings and Investment Plan end-of-year assets rose from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Grupo Carmelo Savings and Investment Plan reported participants rose from 180 in the plan year 2023 filing to 194 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 660532348 · Canarico Quarries, Inc. PY 2024 · Profit Sharing

Grupo Carmelo Savings and Investment Plan · $4M · 194 · 39th

  • BOY $4M
  • SCH 194
  • EBSA 39th
  • PART Profit Sharing
  • TYPE near New Horizons Pension Plan
  • NET ind #3904

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 Manufacturing retirement plans → · Plans in Puerto Rico →

Grupo Carmelo Savings and Investment Plan in the asset neighbourhood

Grupo Carmelo Savings and Investment PlanGrupo Carmelo Savings and In…$4MNew Horizons Pension Plan$4MCouncil on the Environment, Inc. Incentive Savings PlanCouncil on the Environment, …$4MFlaxman Law Group, P.a. Profit Sharing PlanFlaxman Law Group, P.a. Prof…$4MAbh Profit Sharing Plan$4M
End-of-year total assets ($M) among Grupo Carmelo Savings and Investment Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Puerto Rico filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income$554K
Employer EIN660532348
Plan Effective Date1999-02-17
Filing StatusFILING RECEIVED

Sponsor Plan History (Canarico Quarries, Inc.)

Sponsor-wide plan assets over time

All Canarico Quarries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 41.34264531415187% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M$4.5M 202220232024 $2.94M $4.16M ▲ +41.5%
Year Plans Participants Total Assets
2022 1 173 $3M
2023 1 180 $4M
2024 1 194 $4M

Nearby Profit Sharing Plans in Puerto Rico

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

Grupo Carmelo Savings and Investment Plan vs. nearby Profit Sharing plans in Puerto Rico, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -20002004006008001000 Total assets ($M) Participants Grupo Carmelo Savings and Investment Plan, Total assets ($M): 4.157919 · Participants: 194Grupo Carmelo Savings and Investment PlanPopular, Inc. Pr Savings and Investment Plan, Total assets ($M): 818.605332 · Participants: 8332Popular, Inc. Pr Savings and Investment PlanThe Retirement and Savings Plan for Amgen Manufacturing Limited LLC, Total assets ($M): 779.532675 · Participants: 2608The Retirement and Savings Plan for Amgen Manufacturing Limited LLCAbbvie Puerto Rico Savings Plan, Total assets ($M): 560.135241 · Participants: 1349Abbvie Puerto Rico Savings PlanThe Savings Plan for Lilly Affiliate Employees in Puerto Rico, Total assets ($M): 519.253084 · Participants: 1140The Savings Plan for Lilly Affiliate Employees in Puerto RicoHewlett Packard Enterprise Puerto Rico Tax Saving Capital Accumulation Plan, Total assets ($M): 228.453278 · Participants: 758Hewlett Packard Enterprise Puerto Rico Tax Saving Capital Accumulation Plan
Grupo Carmelo Savings and Investment Plan vs. nearby Profit Sharing plans in Puerto Rico, assets vs. participants

Grupo Carmelo Savings and Investment Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Puerto Rico, the nearest Profit Sharing by assets is New Horizons Pension Plan in FL ($4M); by covered participants it is Langlas & Associates, Inc. Profit Sharing Plan in MT (194 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Similar participant headcount

Nearest other-state filings by covered participants (194 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 Grupo Carmelo Savings and Investment Plan assets move in 2024?
Grupo Carmelo Savings and Investment Plan grew sharply - up 15.4% during 2024, from $4M to $4M. Reported net income was $554K.
How have Canarico Quarries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Canarico Quarries, Inc.'s sponsor-wide assets grew 41.3%, from $3M to $4M.
Which Profit Sharing plans are similar in size to Grupo Carmelo Savings and Investment Plan?
Among Profit Sharing plans in other states, the closest by assets is New Horizons Pension Plan in FL ($4M, 441 participants).
Which Profit Sharing plans cover a similar participant headcount to Grupo Carmelo Savings and Investment Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Langlas & Associates, Inc. Profit Sharing Plan in MT (194 participants, $18M in assets).