Profit Sharing · DOL Form 5500 · 2024

Driggers, Schultz & Herbst, P.C. Profit Sharing Plan

Data updated 2026-08-06

$12M
Total assets
12
Participants
60th
Percentile by assets
$998,791
Avg per participant
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Official DOL plan name: Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. · Sponsored by Driggers, Schultz & Herbst, P.C. · Michigan · Professional & Technical Services

$12M in assets, 12 participants

Driggers, Schultz & Herbst, P.C.'s Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. reported $12M in total assets and 12 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • 60th percentile by assets (of 116,472 plans)

Driggers, Schultz & Herbst, P.C. multi-year trail

Driggers, Schultz & Herbst, P.C.'s plans moved +31.1% in assets from 2022 to 2024; this filing shows Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. at $12M / 12 participants.

$12M
total plan assets (2024 EOY)
12
covered participants
60th
percentile by assets (of 116,472 plans)
$998,791
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. reported net income fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. end-of-year assets rose from $11M in the plan year 2023 filing to $12M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Driggers, Schultz & Herbst, P.C. across 3 plan years on file

Across the 3 plan years Driggers, Schultz & Herbst, P.C. has on file (2022-2024), sponsor-wide plan assets have moved from $9M to $12M, a gain of 31.1%, while reported participants moved from 12 to 12 (+0.0%). Peak year by sponsor assets: 2024 ($12M); trough: 2022 ($9M).

Driggers, Schultz & Herbst, P.C. multi-year asset trail

$8M$9M$10M$11M$12M$13M 202220232024 $9.14M $12M ▲ +31.2%
Total plan assets by year, all Driggers, Schultz & Herbst, P.C. plans on file
Year Plans Participants Total Assets
2022 1 12 $9M
2023 1 12 $11M
2024 1 12 $12M

Driggers, Schultz & Herbst, P.C. filing trail (2024)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$12M
Net Income$1M
Employer EIN382396913
Plan Effective Date1968-09-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Michigan

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

Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.52 Total assets ($B) Participants Profit Sharing Plan …Henry Ford Health Sy…Hemlock Semiconducto…Iron Workers Defined…NECA-IBEW Memphis Re…Plumbers and Pipefit…
Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. by total assets, not by location.

Frequently Asked Questions

How did Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. assets move in 2024?
Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C. grew at a solid clip - up 11.1% during 2024, from $11M to $12M. Reported net income was $1M.
How have Driggers, Schultz & Herbst, P.C. plan assets changed over time?
Across 3 plan years on file (2022-2024), Driggers, Schultz & Herbst, P.C.'s sponsor-wide assets grew 31.1%, from $9M to $12M.
Which Profit Sharing plans are similar in size to Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C.?
Among Profit Sharing plans in other states, the closest by assets is The Rf & F Employee Profit Sharing Plan in MD ($12M, 114 participants).

Next read for Profit Sharing Plan & Trust Agreement of…

Multi-year trail

Ways to act on Profit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C.'s numbers.

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 382396913.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.