Profit Sharing · DOL Form 5500 · 2024

562 Enterprises Inc. Profit Sharing Plan

Data updated 2026-08-25

$558K
Total assets Small plan by assets
5
Participants Small participant base
19th
Percentile by assets National rank
$111,544
Avg per participant Below avg balance/head
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Official DOL plan name: 562 Enterprises Inc. Retirement Plan · Sponsored by 562 Enterprises Inc. · Virginia · Retail Trade

$558K in assets, 5 participants

562 Enterprises Inc.'s 562 Enterprises Inc. Retirement Plan reported $558K in total assets and 5 participants in its 2024 DOL Form 5500 filing, ranking in the 19th 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.

  • #2,374 in Retail Trade (8,048 peers)

562 Enterprises Inc. multi-year trail

562 Enterprises Inc.'s plans moved +14.5% in assets from 2022 to 2024; this filing shows 562 Enterprises Inc. Retirement Plan at $558K / 5 participants.

#2,374
in Retail Trade (8,048 peers)
+22.5%
assets growth YoY

562 Enterprises Inc. Retirement Plan among the smaller filed plans by assets

562 Enterprises Inc. Retirement Plan vs every filed plan by assets

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

$557,718 19th percentile higher than 19% 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

562 Enterprises 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. 562 Enterprises Inc. Retirement Plan is a micro filing (5 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 562 Enterprises Inc. Retirement Plan reported net income rose from -$32K in the plan year 2023 filing to $102K in the plan year 2024 filing.
  • 562 Enterprises Inc. Retirement Plan reported participants rose from 4 in the plan year 2023 filing to 5 in the plan year 2024 filing.
  • 562 Enterprises Inc. Retirement Plan end-of-year assets rose from $455K in the plan year 2023 filing to $558K in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 474131607 · 562 Enterprises Inc. PY 2024 · Profit Sharing

562 Enterprises Inc. Retirement Plan · $558K · 5 · 19th

  • PART $558K
  • TYPE 5
  • NET 19th
  • BOOK Profit Sharing
  • VS-ST near Wright Idea Enterprises, Inc. Profit Sharing Plan
  • BOY ind #2374

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 Retail Trade retirement plans → · Plans in Virginia →

562 Enterprises Inc. Retirement Plan in the asset neighbourhood

562 Enterprises Inc. Retirement Plan562 Enterprises Inc. Retirem…$558KWright Idea Enterprises, Inc. Profit Sharing PlanWright Idea Enterprises, Inc…$558KK. Graffam and P. Biaggi Retirement PlanK. Graffam and P. Biaggi Ret…$558KDesert Springs Family Dentistry PC Profit Sharing Plan & TrustDesert Springs Family Dentis…$558KIza & Sons Inc Money Purchase Pension PlanIza & Sons Inc Money Purchas…$558K
End-of-year total assets ($M) among 562 Enterprises Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

562 Enterprises Inc. multi-year asset trail

Sponsor-wide plan assets over time

All 562 Enterprises Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$558K 14.462156055092755% vs 2022
2024 filing year
$0.45M$0.5M$0.55M$0.6M 202220232024 $0.49M $0.56M ▲ +14.3%
Year Plans Participants Total Assets
2022 1 4 $487K
2023 1 4 $455K
2024 1 5 $558K

562 Enterprises Inc. filing trail (2024)

Total Assets (Beginning of Year)$455K
Net Assets (End of Year)$558K
Net Income$102K
Employer EIN474131607
Plan Effective Date2015-05-29
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Virginia

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

562 Enterprises Inc. Retirement Plan vs. nearby Profit Sharing plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -0.500.511.5 Total assets ($B) Participants 562 Enterprises Inc. Retirement Plan, Total assets ($B): 0.000557718 · Participants: 5562 Enterprises Inc. Retirement PlanSection 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia, Total assets ($B): 1.283763729 · Participants: 5562Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in VirginiaCarpenter Co. Profit-Sharing Plan, Total assets ($B): 0.348426296 · Participants: 2152Carpenter Co. Profit-Sharing PlanAmerican Institutes for Research Tax Deferred Annuity Plan, Total assets ($B): 0.32295356 · Participants: 1608American Institutes for Research Tax Deferred Annuity PlanAnalytic Services Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.226143645 · Participants: 508Analytic Services Inc. Defined Contribution Retirement PlanAssociated Universities Inc. Retirement Plan, Total assets ($B): 0.204752338 · Participants: 585Associated Universities Inc. Retirement Plan
562 Enterprises Inc. Retirement Plan vs. nearby Profit Sharing plans in Virginia, assets vs. participants
Compare 562 Enterprises Inc. Retirement Plan side-by-side with 3 peers →

562 Enterprises Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Virginia, the nearest Profit Sharing by assets is Wright Idea Enterprises, Inc. Profit Sharing Plan in KS ($558K); by covered participants it is Rl Barron Holdings Inc. Retirement Plan in GA (5 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5 participants); 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 562 Enterprises Inc. Retirement Plan assets move in 2024? ▼
562 Enterprises Inc. Retirement Plan grew sharply - up 22.5% during 2024, from $455K to $558K. Reported net income was $102K.
How have 562 Enterprises Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), 562 Enterprises Inc.'s sponsor-wide assets grew 14.5%, from $487K to $558K.
Where does 562 Enterprises Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
562 Enterprises Inc. Retirement Plan ranks in the 19th 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 562 Enterprises Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Wright Idea Enterprises, Inc. Profit Sharing Plan in KS ($558K, 4 participants).
Which Profit Sharing plans cover a similar participant headcount to 562 Enterprises Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Rl Barron Holdings Inc. Retirement Plan in GA (5 participants, $735K in assets).

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 474131607.

Read our methodology - how this data is sourced, computed, and verified.

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