Profit Sharing · DOL Form 5500 · 2024
Monterey Financial Services, LLC Profit Sharing Plan
Data updated 2026-08-06
- $38M
- Total assets
- 91
- Participants
- 81st
- Percentile by assets
- $422,925
- Avg per participant
Official DOL plan name: Monterey Financial Services, LLC Profit Sharing Plan and Trust · Sponsored by Monterey Financial Services, LLC · California · Finance & Insurance
$38M in assets, 91 participants
Monterey Financial Services, LLC's Monterey Financial Services, LLC Profit Sharing Plan and Trust reported $38M in total assets and 91 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.
- 81st percentile by assets (of 116,472 plans)
Where Monterey Financial Services, LLC Profit Sharing Plan and Trust sits by assets
Monterey Financial Services, LLC Profit Sharing Plan and Trust sits in the top quartile of all filed plans by assets, $38M for 91 participants (~$422,925/participant), up 7.8% in 2024.
- $38M
- total plan assets (2024 EOY)
- 91
- covered participants
- 81st
- percentile by assets (of 116,472 plans)
- $422,925
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Monterey Financial Services, LLC Profit Sharing Plan and Trust reported net income fell from $6M in the plan year 2023 filing to $3M in the plan year 2024 filing.
- Monterey Financial Services, LLC Profit Sharing Plan and Trust end-of-year assets rose from $36M in the plan year 2023 filing to $38M in the plan year 2024 filing.
- Monterey Financial Services, LLC Profit Sharing Plan and Trust reported participants fell from 94 in the plan year 2023 filing to 91 in the plan year 2024 filing.
Monterey Financial Services, LLC Profit Sharing Plan and Trust vs the 2024 asset distribution
By assets, Monterey Financial Services, LLC Profit Sharing Plan and Trust outranks 81% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $36M |
|---|---|
| Net Assets (End of Year) | $38M |
| Net Income | $3M |
| Employer EIN | 330369207 |
| Plan Effective Date | 1991-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Monterey Financial Services, LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 178 | $38M |
| 2023 | 2 | 188 | $46M |
| 2024 | 1 | 91 | $38M |
Nearby Profit Sharing Plans in California
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Monterey Financial Services, LLC Profit Sharing Plan and Trust vs. nearby Profit Sharing plans in California, assets vs. participants
- Scpmg Keogh Plan $7.9B · 10,749
- Intel Retirement Contribution Plan $7.3B · 19,044
- Motion Picture Industry Individual Account Plan $6.2B · 67,842
- Memorialcare Retirement Plan $1.4B · 4,491
- Disney Retirement Savings Plan $1.4B · 36,338
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Monterey Financial Services, LLC Profit Sharing Plan and Trust by total assets, not by location.
- Danaher Corporation & Subsidiaries Puerto Rico Savings Plan (DC) $38M · 646
- Fontbonne University 403 (B) Plan (MO) $39M · 263
- Ball Homes, LLC Retirement Plan (KY) $39M · 220
- Snf Holding Company Retirement Savings Plan (GA) $39M · 1,669
Frequently Asked Questions
How did Monterey Financial Services, LLC Profit Sharing Plan and Trust assets move in 2024? ▼
How have Monterey Financial Services, LLC plan assets changed over time? ▼
Where does Monterey Financial Services, LLC Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Monterey Financial Services, LLC Profit Sharing Plan and Trust? ▼
Next read for Monterey Financial Services, LLC Profit …
Scale reading
Ways to act on Monterey Financial Services, LLC Profit Sharing Plan and Trust's numbers.
- By total assets, Monterey Financial Services, LLC Profit Sharing Plan and Trust ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in California. Compare plans
- Monterey Financial Services, LLC's sponsor-wide assets have grown 1.0% since 2022 across 3 plan years on file. More Finance & Insurance plans
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 330369207.
Read our methodology - how this data is sourced, computed, and verified.