Profit Sharing · DOL Form 5500 · 2023

V.C. Soffe & Sons, Inc. Profit Sharing Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
1
Participants Small participant base
42nd
Percentile by assets National rank
$4.3M
Avg per participant High balance/head
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Official DOL plan name: V.C. Soffe & Sons, Inc. Employee Profit Sharing Plan · Sponsored by V.C. Soffe & Sons, Inc. · Utah · Other Services

$4M in assets, 1 participants

V.C. Soffe & Sons, Inc.'s V.C. Soffe & Sons, Inc. Employee Profit Sharing Plan reported $4M in total assets and 1 participant in its 2023 DOL Form 5500 filing, ranking in the 42nd 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.

  • #5,041 in Other Services (7,857 peers)

Other Services sector rank

Within Other Services, V.C. Soffe & Sons, Inc. Employee Profit Sharing Plan ranks #5,041 of 7,857 2023 filers by assets (463% of the sector average)-$4M for 1 participant.

#5,041
in Other Services (7,857 peers)
+27.7%
assets growth YoY

V.C. Soffe & Sons, Inc. Employee Profit Sharing Plan's mid-pack asset rank among Other Services and all filers

V.C. Soffe & Sons, Inc. Employee Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$4,331,512 42nd percentile higher than 42% of 127,068 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 2023

V.C. Soffe & Sons, Inc. Employee Profit Sharing Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. V.C. Soffe & Sons, Inc. Employee Profit Sharing Plan is a micro filing (1 participant), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • V.C. Soffe & Sons, Inc. Employee Profit Sharing Plan reported net income rose from $128K in the plan year 2022 filing to $519K in the plan year 2023 filing.
  • V.C. Soffe & Sons, Inc. Employee Profit Sharing Plan reported participants fell from 2 in the plan year 2022 filing to 1 in the plan year 2023 filing.
  • V.C. Soffe & Sons, Inc. Employee Profit Sharing Plan end-of-year assets rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 870253475 · V.C. Soffe & Sons, Inc. PY 2023 · Profit Sharing

V.C. Soffe & Sons, Inc. Employee Profit Sharing Plan · $4M · 1 · 42nd

  • 5500 $4M
  • 5500 1
  • 5500 42nd
  • 5500 Profit Sharing
  • 5500 near Kevin W. Louie, Md, Inc. Profit Sharing Plan
  • 5500 ind #5041

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 Other Services retirement plans → · Plans in Utah →

V.C. Soffe & Sons, Inc. Employee Profit Sharing Plan in the asset neighbourhood

Phoenix Gas Pipeline Company Profit Sharing PlanPhoenix Gas Pipeline Company…$4MProfit Sharing Plan and Trust Agreement of James D Hinson Electrical Contracting Co IncProfit Sharing Plan and Trus…$4MV.C. Soffe & Sons, Inc. Employee Profit Sharing PlanV.C. Soffe & Sons, Inc. Empl…$4MKevin W. Louie, Md, Inc. Profit Sharing PlanKevin W. Louie, Md, Inc. Pro…$4MMchugh Engineering Associates,Inc. 401(k) Profit Sharing PlanMchugh Engineering Associate…$4M
End-of-year total assets ($M) among V.C. Soffe & Sons, Inc. Employee Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Other Services filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$519K
Employer EIN870253475
Plan Effective Date1961-11-27
Filing StatusFILING RECEIVED

Sponsor Plan History (V.C. Soffe & Sons, Inc.)

Sponsor-wide plan assets over time

All V.C. Soffe & Sons, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 27.730563127592795% vs 2022
2023 filing year
$3M$3.5M$4M$4.5M 20222023 $3.39M $4.33M ▲ +27.7%
Year Plans Participants Total Assets
2022 1 2 $3M
2023 1 1 $4M

Nearby Profit Sharing Plans in Utah

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

V.C. Soffe & Sons, Inc. Employee Profit Sharing Plan vs. nearby Profit Sharing plans in Utah, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -1000100200300400500 Total assets ($M) Participants V.C. Soffe & Sons, Inc. Employee Profit Sharing Plan, Total assets ($M): 4.331512 · Participants: 1V.C. Soffe & Sons, Inc. Employee Profit Sharing PlanWgu Retirement Savings Plan, Total assets ($M): 431.080482 · Participants: 7868Wgu Retirement Savings PlanDyno Nobel Inc. and Subsidiaries Tax Favored Retirement Savings and Investment Plan, Total assets ($M): 320.492816 · Participants: 2460Dyno Nobel Inc. and Subsidiaries Tax Favored Retirement Savings and Investment PlanParsons Behle & Latimer Profit Sharing Plan & Trust, Total assets ($M): 146.57466 · Participants: 265Parsons Behle & Latimer Profit Sharing Plan & TrustRio Tinto Alcan 401(k) Savings Plan for Former Employees, Total assets ($M): 118.450852 · Participants: 0Rio Tinto Alcan 401(k) Savings Plan for Former EmployeesCampbell Scientific Profit Sharing Plan, Total assets ($M): 105.604978 · Participants: 651Campbell Scientific Profit Sharing Plan
V.C. Soffe & Sons, Inc. Employee Profit Sharing Plan vs. nearby Profit Sharing plans in Utah, assets vs. participants

V.C. Soffe & Sons, Inc. Employee Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Utah, the nearest Profit Sharing by assets is Kevin W. Louie, Md, Inc. Profit Sharing Plan in CA ($4M); by covered participants it is Luke Krumnow, Inc. Employees Profit Sharing Plan in TX (1 participant). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did V.C. Soffe & Sons, Inc. Employee Profit Sharing Plan assets move in 2023?
V.C. Soffe & Sons, Inc. Employee Profit Sharing Plan grew sharply - up 27.7% during 2023, from $3M to $4M. Reported net income was $519K.
How have V.C. Soffe & Sons, Inc. plan assets changed over time?
Across 2 plan years on file (2022-2023), V.C. Soffe & Sons, Inc.'s sponsor-wide assets grew 27.7%, from $3M to $4M.
Which Profit Sharing plans are similar in size to V.C. Soffe & Sons, Inc. Employee Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Kevin W. Louie, Md, Inc. Profit Sharing Plan in CA ($4M, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to V.C. Soffe & Sons, Inc. Employee Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Luke Krumnow, Inc. Employees Profit Sharing Plan in TX (1 participant, $418K in assets).