Profit Sharing · DOL Form 5500 · 2024

Law Offices of Thomas O. Hoffman Profit Sharing Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
2
Participants Small participant base
28th
Percentile by assets National rank
$869,722
Avg per participant High balance/head
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Official DOL plan name: Patten, Faith & Sandford Profit Sharing Plan · Sponsored by Law Offices of Thomas O. Hoffman · California · Professional & Technical Services

$2M in assets, 2 participants

Law Offices of Thomas O. Hoffman's Patten, Faith & Sandford Profit Sharing Plan reported $2M in total assets and 2 participants in its 2024 DOL Form 5500 filing, ranking in the 28th 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.

  • #4,745 in Professional & Technical Services (20,173 peers)

What the 2024 filing shows

Patten, Faith & Sandford Profit Sharing Plan holds $2M for 2 participants - about $869,722 per participant, in the lower half of filed plans by assets.

#4,745
in Professional & Technical Services (20,173 peers)
-2.7%
assets change YoY

The plan reported a net loss of $48K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Patten, Faith & Sandford Profit Sharing Plan among the smaller filed plans by assets

Patten, Faith & Sandford Profit Sharing Plan vs every filed plan by assets

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

$1,739,443 28th percentile higher than 28% 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

Patten, Faith & Sandford Profit Sharing 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. Patten, Faith & Sandford Profit Sharing Plan is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Patten, Faith & Sandford Profit Sharing Plan reported net income rose from -$128K in the plan year 2023 filing to -$48K in the plan year 2024 filing.
  • Patten, Faith & Sandford Profit Sharing Plan end-of-year assets fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 820924944 · Law Offices of Thomas O. Hoffman PY 2024 · Profit Sharing

Patten, Faith & Sandford Profit Sharing Plan · $2M · 2 · 28th

  • TYPE $2M
  • TYPE 2
  • TYPE 28th
  • TYPE Profit Sharing
  • TYPE near Julio J. Diaz Padilla Retirement Plan
  • TYPE ind #4745

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 Professional & Technical Services retirement plans → · Plans in California →

Patten, Faith & Sandford Profit Sharing Plan in the asset neighbourhood

Patten, Faith & Sandford Profit Sharing PlanPatten, Faith & Sandford Pro…$2MJulio J. Diaz Padilla Retirement PlanJulio J. Diaz Padilla Retire…$2MM & S Enterprises Inc. Retirement PlanM & S Enterprises Inc. Retir…$2MJames E. Sheppard & Associates, Inc. Retirement PlanJames E. Sheppard & Associat…$2MRenyson Group Inc. Retirement PlanRenyson Group Inc. Retiremen…$2M
End-of-year total assets ($M) among Patten, Faith & Sandford Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$48K
Employer EIN820924944
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Law Offices of Thomas O. Hoffman)

Sponsor-wide plan assets over time

All Law Offices of Thomas O. Hoffman plans reported in each filing year

Latest sponsor-wide plan assets
$2M 9.214400910234396% vs 2022
2024 filing year
$1.7M$1.8M$1.9M$2M 202220232024 $1.92M $1.74M ▼ -9.4%
Year Plans Participants Total Assets
2022 1 2 $2M
2023 1 2 $2M
2024 1 2 $2M

Nearby Profit Sharing Plans in California

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

Patten, Faith & Sandford Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -20246810 Total assets ($B) Participants Patten, Faith & Sandford Profit Sharing Plan, Total assets ($B): 0.001739443 · Participants: 2Patten, Faith & Sandford Profit Sharing PlanScpmg Keogh Plan, Total assets ($B): 7.873239427 · Participants: 10749Scpmg Keogh PlanIntel Retirement Contribution Plan, Total assets ($B): 7.29473208 · Participants: 19044Intel Retirement Contribution PlanMotion Picture Industry Individual Account Plan, Total assets ($B): 6.232609737 · Participants: 67842Motion Picture Industry Individual Account PlanMemorialcare Retirement Plan, Total assets ($B): 1.429377 · Participants: 4491Memorialcare Retirement PlanDisney Retirement Savings Plan, Total assets ($B): 1.420512537 · Participants: 36338Disney Retirement Savings Plan
Patten, Faith & Sandford Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants
Compare Patten, Faith & Sandford Profit Sharing Plan side-by-side with 3 peers →

Patten, Faith & Sandford Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside California, the nearest Profit Sharing by assets is Julio J. Diaz Padilla Retirement Plan in PR ($2M); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2 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 Patten, Faith & Sandford Profit Sharing Plan assets move in 2024? ▼
Patten, Faith & Sandford Profit Sharing Plan edged down modestly - down 2.7% during 2024, from $2M to $2M. Reported net income was -$48K.
How have Law Offices of Thomas O. Hoffman plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Law Offices of Thomas O. Hoffman's sponsor-wide assets declined 9.2%, from $2M to $2M.
Which Profit Sharing plans are similar in size to Patten, Faith & Sandford Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Julio J. Diaz Padilla Retirement Plan in PR ($2M, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to Patten, Faith & Sandford Profit Sharing Plan? ▼
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 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 820924944.

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.