Profit Sharing · DOL Form 5500 · 2024

Financeboston 2 Inc. Profit Sharing Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
9
Participants Small participant base
27th
Percentile by assets National rank
$169,862
Avg per participant Above avg balance/head
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Official DOL plan name: Financeboston Profit Sharing Plan · Sponsored by Financeboston 2 Inc. · Massachusetts · Finance & Insurance

$2M in assets, 9 participants

Financeboston 2 Inc.'s Financeboston Profit Sharing Plan reported $2M in total assets and 9 participants in its 2024 DOL Form 5500 filing, ranking in the 27th 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.

  • #1,398 in Finance & Insurance (8,549 peers)

Financeboston 2 Inc. multi-year trail

Financeboston 2 Inc.'s plans moved +83.5% in assets from 2022 to 2024; this filing shows Financeboston Profit Sharing Plan at $2M / 9 participants.

#1,398
in Finance & Insurance (8,549 peers)
+16.7%
assets growth YoY

Financeboston Profit Sharing Plan among the smaller filed plans by assets

Financeboston Profit Sharing Plan vs every filed plan by assets

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

$1,528,760 27th percentile higher than 27% 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

Financeboston 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. Financeboston Profit Sharing Plan is a micro filing (9 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Financeboston Profit Sharing Plan reported net income fell from $477K in the plan year 2023 filing to $219K in the plan year 2024 filing.
  • Financeboston Profit Sharing Plan end-of-year assets rose from $1M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Financeboston Profit Sharing Plan reported participants rose from 8 in the plan year 2023 filing to 9 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 844755618 · Financeboston 2 Inc. PY 2024 · Profit Sharing

Financeboston Profit Sharing Plan · $2M · 9 · 27th

  • TYPE $2M
  • TYPE 9
  • TYPE 27th
  • TYPE Profit Sharing
  • TYPE near Apple Ford White Bear Lake 401(k) Plan
  • TYPE ind #1398

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 Finance & Insurance retirement plans → · Plans in Massachusetts →

Financeboston Profit Sharing Plan in the asset neighbourhood

Financeboston Profit Sharing PlanFinanceboston Profit Sharing…$2MApple Ford White Bear Lake 401(k) PlanApple Ford White Bear Lake 4…$2MEdward W. Armstrong, PC Profit Sharing PlanEdward W. Armstrong, PC Prof…$2MCamp War Eagle, Inc. Profit Sharing PlanCamp War Eagle, Inc. Profit …$2MTriton Restaurants Employees Profit Sharing Plan and TrustTriton Restaurants Employees…$2M
End-of-year total assets ($M) among Financeboston Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Financeboston 2 Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Financeboston 2 Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 83.50302125320191% vs 2022
2024 filing year
$0.5M$1M$1.5M$2M 202220232024 $0.83M $1.53M ▲ +84.3%
Year Plans Participants Total Assets
2022 1 6 $833K
2023 1 8 $1M
2024 1 9 $2M

Financeboston 2 Inc. filing trail (2024)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$2M
Net Income$219K
Employer EIN844755618
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Massachusetts

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

Financeboston Profit Sharing Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -505101520 Total assets ($B) Participants Financeboston Profit Sharing Plan, Total assets ($B): 0.00152876 · Participants: 9Financeboston Profit Sharing PlanConsolidated 403(b) Program of Mass General Brigham and Member Organizations, Total assets ($B): 16.746508173 · Participants: 76559Consolidated 403(b) Program of Mass General Brigham and Member OrganizationsDemoulas (Restated) Profit Sharing Plan & Trust, Total assets ($B): 1.11674253 · Participants: 14037Demoulas (Restated) Profit Sharing Plan & TrustDana-Farber Cancer Institute Retirement Plan, Total assets ($B): 0.93023844 · Participants: 5518Dana-Farber Cancer Institute Retirement PlanThe Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund, Total assets ($B): 0.685607607 · Participants: 6385The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement FundSheet Metal Workers Local 17 Annuity Income Fund, Total assets ($B): 0.656271721 · Participants: 3065Sheet Metal Workers Local 17 Annuity Income Fund
Financeboston Profit Sharing Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants
Compare Financeboston Profit Sharing Plan side-by-side with 3 peers →

Financeboston Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Massachusetts, the nearest Profit Sharing by assets is Apple Ford White Bear Lake 401(k) Plan in MN ($2M); by covered participants it is Mab Financial Services, Inc. Retirement Plan in MD (9 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (9 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 Financeboston Profit Sharing Plan assets move in 2024? ▼
Financeboston Profit Sharing Plan grew sharply - up 16.7% during 2024, from $1M to $2M. Reported net income was $219K.
How have Financeboston 2 Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Financeboston 2 Inc.'s sponsor-wide assets grew 83.5%, from $833K to $2M.
Which Profit Sharing plans are similar in size to Financeboston Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Apple Ford White Bear Lake 401(k) Plan in MN ($2M, 166 participants).
Which Profit Sharing plans cover a similar participant headcount to Financeboston Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Mab Financial Services, Inc. Retirement Plan in MD (9 participants, $3M 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 844755618.

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.