Profit Sharing · DOL Form 5500 · 2024

Michael H. Sakai Profit Sharing Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
2
Participants Small participant base
25th
Percentile by assets National rank
$595,300
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Michael H. Sakai Aal Basic · Sponsored by Michael H. Sakai · Hawaii · Professional & Technical Services

$1M in assets, 2 participants

Michael H. Sakai's Michael H. Sakai Aal Basic reported $1M in total assets and 2 participants in its 2024 DOL Form 5500 filing, ranking in the 25th 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.

  • #3,974 in Professional & Technical Services (20,173 peers)

Michael H. Sakai multi-year trail

Michael H. Sakai's plans moved +35.7% in assets from 2022 to 2024; this filing shows Michael H. Sakai Aal Basic at $1M / 2 participants.

#3,974
in Professional & Technical Services (20,173 peers)
+13.5%
assets growth YoY

Michael H. Sakai Aal Basic among the smaller filed plans by assets

Michael H. Sakai Aal Basic vs every filed plan by assets

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

$1,190,600 25th percentile higher than 25% 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

Michael H. Sakai Aal Basic among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Michael H. Sakai Aal Basic is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Michael H. Sakai Aal Basic reported net income fell from $172K in the plan year 2023 filing to $141K in the plan year 2024 filing.
  • Michael H. Sakai Aal Basic end-of-year assets rose from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 990260063 · Michael H. Sakai PY 2024 · Profit Sharing

Michael H. Sakai Aal Basic · $1M · 2 · 25th

  • EOY $1M
  • EOY 2
  • EOY 25th
  • EOY Profit Sharing
  • EOY near Osvaldo R. Gonzalez Aviles Retirement Plan
  • EOY ind #3974

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 Hawaii →

Michael H. Sakai Aal Basic in the asset neighbourhood

Michael H. Sakai Aal Basic$1MOsvaldo R. Gonzalez Aviles Retirement PlanOsvaldo R. Gonzalez Aviles R…$1MJump-Greenville, Inc. Retirement PlanJump-Greenville, Inc. Retire…$1MSummit Trust$1MRachlan26, Inc. Retirement PlanRachlan26, Inc. Retirement P…$1M
End-of-year total assets ($M) among Michael H. Sakai Aal Basic and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Michael H. Sakai multi-year asset trail

Sponsor-wide plan assets over time

All Michael H. Sakai plans reported in each filing year

Latest sponsor-wide plan assets
$1M 35.705037020826495% vs 2022
2024 filing year
$0.8M$0.9M$1M$1.1M$1.2M$1.3M 202220232024 $0.88M $1.19M ▲ +35.2%
Year Plans Participants Total Assets
2022 1 2 $877K
2023 1 2 $1M
2024 1 2 $1M

Michael H. Sakai filing trail (2024)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$1M
Net Income$141K
Employer EIN990260063
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Hawaii

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

Michael H. Sakai Aal Basic vs. nearby Profit Sharing plans in Hawaii, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -1000100200300400500 Total assets ($M) Participants Michael H. Sakai Aal Basic, Total assets ($M): 1.1906 · Participants: 2Michael H. Sakai Aal BasicHawaii Electricians Annuity Plan, Total assets ($M): 437.680126 · Participants: 2222Hawaii Electricians Annuity PlanHawaii Sheet Metal Workers Annuity Profit Sharing, Total assets ($M): 108.876428 · Participants: 571Hawaii Sheet Metal Workers Annuity Profit SharingSimplicityhr 401(k) Retirement Savings Plan, Total assets ($M): 102.219083 · Participants: 1505Simplicityhr 401(k) Retirement Savings PlanHawaiiusa Fcu Retirement Plan, Total assets ($M): 62.475119 · Participants: 395Hawaiiusa Fcu Retirement PlanHawaiian Dredging Construction Company Profit Sharing Plan, Total assets ($M): 41.050282 · Participants: 308Hawaiian Dredging Construction Company Profit Sharing Plan
Michael H. Sakai Aal Basic vs. nearby Profit Sharing plans in Hawaii, assets vs. participants
Compare Michael H. Sakai Aal Basic side-by-side with 3 peers →

Michael H. Sakai Aal Basic's out-of-state Profit Sharing peers by assets and headcount

Outside Hawaii, the nearest Profit Sharing by assets is Osvaldo R. Gonzalez Aviles Retirement Plan in PR ($1M); 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 ($1M here).

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 Michael H. Sakai Aal Basic assets move in 2024? ▼
Michael H. Sakai Aal Basic grew at a solid clip - up 13.5% during 2024, from $1M to $1M. Reported net income was $141K.
How have Michael H. Sakai plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Michael H. Sakai's sponsor-wide assets grew 35.7%, from $877K to $1M.
Where does Michael H. Sakai Aal Basic rank by assets among Form 5500 filers? ▼
Michael H. Sakai Aal Basic ranks in the 25th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the lower half of filed plans by assets).
Which Profit Sharing plans are similar in size to Michael H. Sakai Aal Basic? ▼
Among Profit Sharing plans in other states, the closest by assets is Osvaldo R. Gonzalez Aviles Retirement Plan in PR ($1M, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to Michael H. Sakai Aal Basic? ▼
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 990260063.

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.