Profit Sharing · DOL Form 5500 · 2023

Prafull K Dave Profit Sharing Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets: 2
Participants Small participant base: 34th
Percentile by assets National rank: $1.4M
Avg per participant High balance/head

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Official DOL plan name: PRAFULLKDAVEMDPROFITSHARINGPLAN · Sponsored by Prafull K Dave · Maryland · Healthcare & Social Assistance

$3M in assets, 2 participants

Prafull K Dave's PRAFULLKDAVEMDPROFITSHARINGPLAN reported $3M in total assets and 2 participants in its 2023 DOL Form 5500 filing, ranking in the 34th 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.

#6,141 in Healthcare & Social Assistance (17,684 peers)

2023 asset change

PRAFULLKDAVEMDPROFITSHARINGPLAN surged 48.7% in 2023 ($2M → $3M) for 2 participants.

#6,141
in Healthcare & Social Assistance (17,684 peers): +48.7%
assets growth YoY

PRAFULLKDAVEMDPROFITSHARINGPLAN's mid-pack asset rank among Healthcare & Social Assistance and all filers

PRAFULLKDAVEMDPROFITSHARINGPLAN vs every filed plan by assets

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

$2,720,778 34th percentile higher than 34% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

PRAFULLKDAVEMDPROFITSHARINGPLAN among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. PRAFULLKDAVEMDPROFITSHARINGPLAN is a micro filing (2 participants), the leftmost band.

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

PRAFULLKDAVEMDPROFITSHARINGPLAN reported net income rose from -$1M in the plan year 2022 filing to $891K in the plan year 2023 filing.
PRAFULLKDAVEMDPROFITSHARINGPLAN end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 521743058 · Prafull K Dave PY 2023 · Profit Sharing

PRAFULLKDAVEMDPROFITSHARINGPLAN · $3M · 2 · 34th

EOY $3M
EOY 2
EOY 34th
EOY Profit Sharing
EOY near Axiscare Health Logistics Pr Retirement Plan
EOY ind #6141

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 Healthcare & Social Assistance retirement plans → · Plans in Maryland →

End-of-year total assets ($M) among PRAFULLKDAVEMDPROFITSHARINGPLAN and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Prafull K Dave years around the 2023 move

Latest sponsor-wide plan assets: N/A; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	2	$2M
2023	1	2	$3M
2024	1	2	N/A

2023 asset-move particulars

Total Assets (Beginning of Year)	$2M
Net Assets (End of Year)	$3M
Net Income	$891K
Employer EIN	521743058
Plan Effective Date	1991-09-01
Filing Status	FILING RECEIVED

Nearby Profit Sharing Plans in Maryland

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

PRAFULLKDAVEMDPROFITSHARINGPLAN vs. nearby Profit Sharing plans in Maryland, assets vs. participants

Sprinkler Industry Supplemental Pension Fund $2.6B · 25,150
Nfl Player Annuity Program $1.7B · 2,736
Major League Baseball Players Investment Plan $1.1B · 4,293
International Painters and Allied Trades Industry Annuity Plan $622M · 10,625
Nfl Player Capital Accumulation Plan $617M · 2,701

Compare PRAFULLKDAVEMDPROFITSHARINGPLAN side-by-side with 3 peers →

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

Outside Maryland, the nearest Profit Sharing by assets is Axiscare Health Logistics Pr Retirement Plan in PR ($3M); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Axiscare Health Logistics Pr Retirement Plan (PR) $3M · 211
Garfield County Bank Profit Sharing Plan and Trust (MT) $3M · 17
Desert Rat Inc Profit Sharing Plan (CA) $3M · 2
Hill Petroleum, Inc. Profit Sharing Plan (AL) $3M · 28

Similar participant headcount

Nearest other-state filings by covered participants (2 participants); asset peers above are excluded.

Johnson Goldberg & Brown, Ltd Profit Sharing Plan (IL) 2 · 0 off
Kramatron Precision Inc - Profit Sharing Plan (NJ) 2 · 0 off
Group H Capital Corporation Profit Sharing Trust (VA) 2 · 0 off
Sechalf Holdings, Inc. Retirement Plan (TX) 2 · 0 off

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 PRAFULLKDAVEMDPROFITSHARINGPLAN assets move in 2023? ▼

PRAFULLKDAVEMDPROFITSHARINGPLAN surged - up 48.7% during 2023, from $2M to $3M. Reported net income was $891K.

Which Profit Sharing plans are similar in size to PRAFULLKDAVEMDPROFITSHARINGPLAN? ▼

Among Profit Sharing plans in other states, the closest by assets is Axiscare Health Logistics Pr Retirement Plan in PR ($3M, 211 participants).

Which Profit Sharing plans cover a similar participant headcount to PRAFULLKDAVEMDPROFITSHARINGPLAN? ▼

Among Profit Sharing plans in other states, the closest by covered participants is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants, $5M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 521743058.