Profit Sharing · DOL Form 5500 · 2024

East Coast Shears Inc. Profit Sharing Plan

Data updated 2026-08-25

$239K
Total assets Small plan by assets
1
Participants Small participant base
12th
Percentile by assets National rank
$238,741
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: East Coast Shears Inc. Retirement Plan · Sponsored by East Coast Shears Inc. · Florida · Other Services

$239K in assets, 1 participants

East Coast Shears Inc.'s East Coast Shears Inc. Retirement Plan reported $239K in total assets and 1 participant in its 2024 DOL Form 5500 filing, ranking in the 12th 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.

  • #1,932 in Other Services (7,719 peers)

East Coast Shears Inc. multi-year trail

East Coast Shears Inc.'s plans moved -14.8% in assets from 2022 to 2024; this filing shows East Coast Shears Inc. Retirement Plan at $239K / 1 participant.

#1,932
in Other Services (7,719 peers)
-15.9%
assets change YoY

The plan reported a net loss of $45K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

East Coast Shears Inc. Retirement Plan among the smaller filed plans by assets

East Coast Shears Inc. Retirement Plan vs every filed plan by assets

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

$238,741 12th percentile higher than 12% 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

East Coast Shears Inc. Retirement Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. East Coast Shears Inc. Retirement Plan is a micro filing (1 participant), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • East Coast Shears Inc. Retirement Plan reported net income fell from $4K in the plan year 2023 filing to -$45K in the plan year 2024 filing.
  • East Coast Shears Inc. Retirement Plan end-of-year assets fell from $284K in the plan year 2023 filing to $239K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 822449555 · East Coast Shears Inc. PY 2024 · Profit Sharing

East Coast Shears Inc. Retirement Plan · $239K · 1 · 12th

  • BOY $239K
  • SCH 1
  • EBSA 12th
  • PART Profit Sharing
  • TYPE near Market Access Management Solutions, Inc. Retirement Plan
  • NET ind #1932

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 Florida →

East Coast Shears Inc. Retirement Plan in the asset neighbourhood

East Coast Shears Inc. Retirement PlanEast Coast Shears Inc. Retir…$239KMarket Access Management Solutions, Inc. Retirement PlanMarket Access Management Sol…$239KMary Rose Perez Hernandez Retirement PlanMary Rose Perez Hernandez Re…$239KMystic Development Corporation Profit Sharing Plan & TrustMystic Development Corporati…$239KRama Corporation Employees' Profit Sharing PlanRama Corporation Employees' …$239K
End-of-year total assets ($M) among East Coast Shears Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

East Coast Shears Inc. multi-year asset trail

Sponsor-wide plan assets over time

All East Coast Shears Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$239K 14.80199415457196% vs 2022
2024 filing year
$0.22M$0.24M$0.26M$0.28M$0.3M 202220232024 $0.28M $0.24M ▼ -14.3%
Year Plans Participants Total Assets
2022 1 1 $280K
2023 1 1 $284K
2024 1 1 $239K

East Coast Shears Inc. filing trail (2024)

Total Assets (Beginning of Year)$284K
Net Assets (End of Year)$239K
Net Income-$45K
Employer EIN822449555
Plan Effective Date2017-09-15
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Florida

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

East Coast Shears Inc. Retirement Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants East Coast Shears Inc. Retirement Plan, Total assets ($B): 0.000238741 · Participants: 1East Coast Shears Inc. Retirement PlanRetirement Wealth Builder Plan of Pwc, Total assets ($B): 5.704422812 · Participants: 45185Retirement Wealth Builder Plan of PwcRaymond James Financial, Inc. & Affiliates Profit Sharing Plan, Total assets ($B): 1.346943817 · Participants: 16046Raymond James Financial, Inc. & Affiliates Profit Sharing PlanShands Health Care Matched Savings Account 401(a), Total assets ($B): 0.486868039 · Participants: 10470Shands Health Care Matched Savings Account 401(a)Orlando Health, Inc. Retirement Savings Plan 401a, Total assets ($B): 0.458034121 · Participants: 27976Orlando Health, Inc. Retirement Savings Plan 401aAmerican Maritime Officers Defined Contribution Plan, Total assets ($B): 0.357314038 · Participants: 4201American Maritime Officers Defined Contribution Plan
East Coast Shears Inc. Retirement Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants

East Coast Shears Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Florida, the nearest Profit Sharing by assets is Market Access Management Solutions, Inc. Retirement Plan in IL ($239K); by covered participants it is Gerald L. Bowen, P.C. Profit Sharing Plan in PA (1 participant). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1 participant); 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 East Coast Shears Inc. Retirement Plan assets move in 2024?
East Coast Shears Inc. Retirement Plan declined sharply - down 15.9% during 2024, from $284K to $239K. Reported net income was -$45K.
How have East Coast Shears Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), East Coast Shears Inc.'s sponsor-wide assets declined 14.8%, from $280K to $239K.
Where does East Coast Shears Inc. Retirement Plan rank by assets among Form 5500 filers?
East Coast Shears Inc. Retirement Plan ranks in the 12th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to East Coast Shears Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Market Access Management Solutions, Inc. Retirement Plan in IL ($239K, 4 participants).
Which Profit Sharing plans cover a similar participant headcount to East Coast Shears Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Gerald L. Bowen, P.C. Profit Sharing Plan in PA (1 participant, N/A in assets).