Profit Sharing · DOL Form 5500 · 2024

Skand Inc. Profit Sharing Plan

Data updated 2026-08-25

$938K
Total assets Small plan by assets
1
Participants Small participant base
23rd
Percentile by assets National rank
$937,765
Avg per participant High balance/head
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Official DOL plan name: Skand Inc. Retirement Plan · Sponsored by Skand Inc. · Tennessee · Construction

$938K in assets, 1 participants

Skand Inc.'s Skand Inc. Retirement Plan reported $938K in total assets and 1 participant in its 2024 DOL Form 5500 filing, ranking in the 23rd 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.

  • #1,928 in Construction (9,039 peers)

Skand Inc. multi-year trail

Skand Inc.'s plans moved -30.8% in assets from 2022 to 2024; this filing shows Skand Inc. Retirement Plan at $938K / 1 participant.

#1,928
in Construction (9,039 peers)
-44.1%
assets change YoY

The plan reported a net loss of $741K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Skand Inc. Retirement Plan among the smaller filed plans by assets

Skand Inc. Retirement Plan vs every filed plan by assets

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

$937,765 23rd percentile higher than 23% 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

Skand 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. Skand 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

  • Skand Inc. Retirement Plan reported net income rose from -$2M in the plan year 2023 filing to -$741K in the plan year 2024 filing.
  • Skand Inc. Retirement Plan end-of-year assets fell from $2M in the plan year 2023 filing to $938K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 842486014 · Skand Inc. PY 2024 · Profit Sharing

Skand Inc. Retirement Plan · $938K · 1 · 23rd

  • PCT $938K
  • EIN 1
  • RANK 23rd
  • PHOTO Profit Sharing
  • IND near Collins Farm LLC Profit Sharing Plan
  • EOY ind #1928

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 Construction retirement plans → · Plans in Tennessee →

Skand Inc. Retirement Plan in the asset neighbourhood

Skand Inc. Retirement Plan$938KCollins Farm LLC Profit Sharing PlanCollins Farm LLC Profit Shar…$938KMcclintock & Bustad, Inc. Profit Sharing PlanMcclintock & Bustad, Inc. Pr…$938KWatch Me Grow Day Care Center of Wny, Inc. Retirement PlanWatch Me Grow Day Care Cente…$938KSpencer, Hager & Mosdell Defined Contribution PlanSpencer, Hager & Mosdell Def…$937K
End-of-year total assets ($M) among Skand Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Skand Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Skand Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 30.8042031420475% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M$3.5M 202220232024 $3.26M $2.26M ▼ -30.7%
Year Plans Participants Total Assets
2022 1 1 $3M
2023 1 N/A $2M
2024 2 2 $2M

Skand Inc. filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$938K
Net Income-$741K
Employer EIN842486014
Plan Effective Date2019-07-29
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Tennessee

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

Skand Inc. Retirement Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -2000200400600 Total assets ($M) Participants Skand Inc. Retirement Plan, Total assets ($M): 0.937765 · Participants: 1Skand Inc. Retirement PlanBallad Health 401(a) Plan, Total assets ($M): 486.286208 · Participants: 4963Ballad Health 401(a) PlanShreveport Electrical Industry Profit Sharing Plan, Total assets ($M): 95.199644 · Participants: 527Shreveport Electrical Industry Profit Sharing PlanNew Orleans Electrical Annuity Plan, Total assets ($M): 88.353304 · Participants: 1393New Orleans Electrical Annuity PlanUlps Employee Savings Plan, Total assets ($M): 78.101983 · Participants: 236Ulps Employee Savings PlanThompson Machinery Commerce Corp Profit Sharing Plan, Total assets ($M): 57.665281 · Participants: 944Thompson Machinery Commerce Corp Profit Sharing Plan
Skand Inc. Retirement Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants
Compare Skand Inc. Retirement Plan side-by-side with 3 peers →

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

Outside Tennessee, the nearest Profit Sharing by assets is Collins Farm LLC Profit Sharing Plan in SC ($938K); 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 Skand Inc. Retirement Plan assets move in 2024? ▼
Skand Inc. Retirement Plan contracted severely - down 44.1% during 2024, from $2M to $938K. Reported net income was -$741K.
How have Skand Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Skand Inc.'s sponsor-wide assets declined 30.8%, from $3M to $2M.
Where does Skand Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Skand Inc. Retirement Plan ranks in the 23rd 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 Skand Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Collins Farm LLC Profit Sharing Plan in SC ($938K, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Skand 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).

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 842486014.

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.