Profit Sharing · DOL Form 5500 · 2024

Peters Heating & Air Conditioning, Inc. Profit Sharing Plan

Data updated 2026-08-06

$17M
Total assets
191
Participants
67th
Percentile by assets
$89,369
Avg per participant
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Official DOL plan name: Peters Heating and Air Conditioning, Inc Profit Sharing Plan · Sponsored by Peters Heating & Air Conditioning, Inc. · Illinois · Construction

$17M in assets, 191 participants

Peters Heating & Air Conditioning, Inc.'s Peters Heating and Air Conditioning, Inc Profit Sharing Plan reported $17M in total assets and 191 participants in its 2024 DOL Form 5500 filing, ranking in the 67th 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.

  • 67th percentile by assets (of 116,472 plans)

Coverage in Illinois

Peters Heating and Air Conditioning, Inc Profit Sharing Plan covers 191 participants in Illinois, about 25% of the average Illinois filer (state average ~768 per filing). Assets: $17M.

$17M
total plan assets (2024 EOY)
191
covered participants
67th
percentile by assets (of 116,472 plans)
$89,369
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Peters Heating and Air Conditioning, Inc Profit Sharing Plan reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Peters Heating and Air Conditioning, Inc Profit Sharing Plan end-of-year assets rose from $15M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • Peters Heating and Air Conditioning, Inc Profit Sharing Plan reported participants fell from 196 in the plan year 2023 filing to 191 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Illinois filers

In Illinois, the average filing covers about 768 participants across 5,440 plans. Peters Heating and Air Conditioning, Inc Profit Sharing Plan reports 191 participants - about 25% of that state average ($17M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$17M
Net Income$3M
Employer EIN370892465
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Peters Heating & Air Conditioning, Inc.)

$15M$20M$25M$30M 202220232024 $19.8M $26.5M ▲ +33.8%
Total plan assets by year, all Peters Heating & Air Conditioning, Inc. plans on file
Year Plans Participants Total Assets
2022 2 424 $20M
2023 2 434 $23M
2024 2 435 $26M

Nearby Profit Sharing Plans in Illinois

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

Peters Heating and Air Conditioning, Inc Profit Sharing Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Peters Heating and Air Conditioning, Inc Profit Sharing Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -101234 Total assets ($B) Participants Peters Heating and A…W. W. Grainger, Inc.…Mcmaster-Carr Supply…Midwest Operating En…Structural Iron Work…Sidley Austin LLP Re…
Peters Heating and Air Conditioning, Inc Profit Sharing Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Peters Heating and Air Conditioning, Inc Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Peters Heating and Air Conditioning, Inc Profit Sharing Plan assets move in 2024?
Peters Heating and Air Conditioning, Inc Profit Sharing Plan grew sharply - up 16.3% during 2024, from $15M to $17M. Reported net income was $3M.
How have Peters Heating & Air Conditioning, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Peters Heating & Air Conditioning, Inc.'s sponsor-wide assets grew 33.9%, from $20M to $26M.
Which Profit Sharing plans are similar in size to Peters Heating and Air Conditioning, Inc Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is South Bend Medical Foundation, Inc 403(b) Retirement Plan in IN ($17M, 154 participants).

Next read for Peters Heating and Air Conditioning, Inc…

Filing takeaways

Ways to act on Peters Heating and Air Conditioning, Inc Profit Sharing Plan's numbers.

  • By total assets, Peters Heating and Air Conditioning, Inc Profit Sharing Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Illinois. Compare plans
  • Peters Heating & Air Conditioning, Inc.'s sponsor-wide assets have grown 33.9% since 2022 across 3 plan years on file. More Construction plans

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 370892465.

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