Profit Sharing · DOL Form 5500 · 2024

Sterling Staffing Profit Sharing Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
231
Participants Below avg headcount
25th
Percentile by assets National rank
$5,343
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sterling Staffing · Sponsored by Sterling Staffing · New York · Information & Media

$1M in assets, 231 participants

Sterling Staffing's Sterling Staffing reported $1M in total assets and 231 participants in its 2024 DOL Form 5500 filing, ranking in the 25th 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.

  • #360 in Information & Media (2,822 peers)

Coverage in New York

Sterling Staffing covers 231 participants in New York, about 29% of the average New York filer (state average ~798 per filing). Assets: $1M.

#360
in Information & Media (2,822 peers)
+210.4%
assets growth YoY

Sterling Staffing among the smaller filed plans by assets

Sterling Staffing vs every filed plan by assets

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

$1,234,337 25th percentile higher than 25% 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

Sterling Staffing 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. Sterling Staffing sits mid-pack in the medium band (231 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sterling Staffing reported net income rose from -$27K in the plan year 2023 filing to $837K in the plan year 2024 filing.
  • Sterling Staffing end-of-year assets rose from $398K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Sterling Staffing reported participants rose from 134 in the plan year 2023 filing to 231 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 279439911 · Sterling Staffing PY 2024 · Profit Sharing

Sterling Staffing · $1M · 231 · 25th

  • EBSA $1M
  • EBSA 231
  • EBSA 25th
  • EBSA Profit Sharing
  • EBSA near Mcg Hardware Company Profit Sharing Plan
  • EBSA ind #360

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 Information & Media retirement plans → · Plans in New York →

Sterling Staffing in the asset neighbourhood

Ralph Watchi, M.D., PC Profit Sharing PlanRalph Watchi, M.D., PC Profi…$1MJorge R. De Jesus Santos Retirement PlanJorge R. De Jesus Santos Ret…$1MLucy Mae's Kitchen Co. Retirement PlanLucy Mae's Kitchen Co. Retir…$1MSterling Staffing$1MMcg Hardware Company Profit Sharing PlanMcg Hardware Company Profit …$1M
End-of-year total assets ($M) among Sterling Staffing and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$398K
Net Assets (End of Year)$1M
Net Income$837K
Employer EIN279439911
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sterling Staffing)

Sponsor-wide plan assets over time

All Sterling Staffing plans reported in each filing year

Latest sponsor-wide plan assets
$1M 190.90315616810273% vs 2022
2024 filing year
$0M$0.5M$1M$1.5M 202220232024 $0.42M $1.23M ▲ +192.9%
Year Plans Participants Total Assets
2022 1 149 $424K
2023 1 134 $398K
2024 1 231 $1M

Nearby Profit Sharing Plans in New York

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

Sterling Staffing vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -10123 Total assets ($B) Participants Sterling Staffing, Total assets ($B): 0.001234337 · Participants: 231Sterling StaffingAnnuity Plan of the Electrical Industry, Total assets ($B): 2.296401236 · Participants: 18200Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 2.056246349 · Participants: 3278Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.821807482 · Participants: 5817Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for the State University of New York Retirement Plan, Total assets ($B): 1.269293939 · Participants: 9758The Research Foundation for the State University of New York Retirement PlanRochester Regional Health 403(b) Defined Contribution Plan, Total assets ($B): 0.987006461 · Participants: 15432Rochester Regional Health 403(b) Defined Contribution Plan
Sterling Staffing vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Sterling Staffing side-by-side with 3 peers →

Sterling Staffing's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Mcg Hardware Company Profit Sharing Plan in GA ($1M); by covered participants it is Barley Snyder Profit Sharing Plan in PA (231 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (231 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 Sterling Staffing assets move in 2024? ▼
Sterling Staffing surged - up 210.4% during 2024, from $398K to $1M. Reported net income was $837K.
How have Sterling Staffing plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sterling Staffing's sponsor-wide assets grew 190.9%, from $424K to $1M.
Where does Sterling Staffing rank by assets among Form 5500 filers? ▼
Sterling Staffing ranks in the 25th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the lower half of filed plans by assets).
Which Profit Sharing plans are similar in size to Sterling Staffing? ▼
Among Profit Sharing plans in other states, the closest by assets is Mcg Hardware Company Profit Sharing Plan in GA ($1M, 9 participants).
Which Profit Sharing plans cover a similar participant headcount to Sterling Staffing? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Barley Snyder Profit Sharing Plan in PA (231 participants, $32M 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 279439911.

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.