Profit Sharing · DOL Form 5500 · 2024

Michael a. Torchia, Cpa, P.C. Profit Sharing Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
1
Participants Small participant base
24th
Percentile by assets National rank
$1.1M
Avg per participant High balance/head
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Official DOL plan name: Michael a. Torchia, Cpa, PC 401(k) Profit Sharing Plan · Sponsored by Michael a. Torchia, Cpa, P.C. · New York · Professional & Technical Services

$1M in assets, 1 participants

Michael a. Torchia, Cpa, P.C.'s Michael a. Torchia, Cpa, PC 401(k) Profit Sharing Plan reported $1M in total assets and 1 participant in its 2024 DOL Form 5500 filing, ranking in the 24th 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.

  • #3,784 in Professional & Technical Services (20,173 peers)

Michael a. Torchia, Cpa, P.C. multi-year trail

Michael a. Torchia, Cpa, P.C.'s plans moved +16.5% in assets from 2023 to 2024; this filing shows Michael a. Torchia, Cpa, PC 401(k) Profit Sharing Plan at $1M / 1 participant.

#3,784
in Professional & Technical Services (20,173 peers)
+16.5%
assets growth YoY

Michael a. Torchia, Cpa, PC 401(k) Profit Sharing Plan among the smaller filed plans by assets

Michael a. Torchia, Cpa, PC 401(k) Profit Sharing Plan vs every filed plan by assets

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

$1,074,315 24th percentile higher than 24% 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 a. Torchia, Cpa, PC 401(k) 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. Michael a. Torchia, Cpa, PC 401(k) Profit Sharing Plan is a micro filing (1 participant), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Michael a. Torchia, Cpa, PC 401(k) Profit Sharing Plan reported net income fell from $922K in the plan year 2023 filing to $153K in the plan year 2024 filing.
  • Michael a. Torchia, Cpa, PC 401(k) Profit Sharing Plan end-of-year assets rose from $922K in the plan year 2023 filing to $1M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 920643283 · Michael a. Torchia, Cpa, P.C. PY 2024 · Profit Sharing

Michael a. Torchia, Cpa, PC 401(k) Profit Sharing Plan · $1M · 1 · 24th

  • PHOTO $1M
  • PHOTO 1
  • PHOTO 24th
  • PHOTO Profit Sharing
  • PHOTO near H & S Washington, Inc. Retirement Plan
  • PHOTO ind #3784

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 New York →

Michael a. Torchia, Cpa, PC 401(k) Profit Sharing Plan in the asset neighbourhood

Michael a. Torchia, Cpa, PC 401(k) Profit Sharing PlanMichael a. Torchia, Cpa, PC …$1MH & S Washington, Inc. Retirement PlanH & S Washington, Inc. Retir…$1ME. Rivera Jimenez Profitsharing PlanE. Rivera Jimenez Profitshar…$1MFiretech Engineering, Inc. Profit Sharing PlanFiretech Engineering, Inc. P…$1MHvac Solutions, Inc. 401(k) Plan and TrustHvac Solutions, Inc. 401(k) …$1M
End-of-year total assets ($M) among Michael a. Torchia, Cpa, PC 401(k) Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Michael a. Torchia, Cpa, P.C. multi-year asset trail

Sponsor-wide plan assets over time

All Michael a. Torchia, Cpa, P.C. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 16.546231095267594% vs 2023
2024 filing year
$0.9M$0.95M$1M$1.05M$1.1M 20232024 $0.92M $1.07M ▲ +16.3%
Year Plans Participants Total Assets
2023 1 1 $922K
2024 1 1 $1M

Michael a. Torchia, Cpa, P.C. filing trail (2024)

Total Assets (Beginning of Year)$922K
Net Assets (End of Year)$1M
Net Income$153K
Employer EIN920643283
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in New York

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

Michael a. Torchia, Cpa, PC 401(k) Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -10123 Total assets ($B) Participants Michael a. Torchia, Cpa, PC 401(k) Profit Sharing Plan, Total assets ($B): 0.001074315 · Participants: 1Michael a. Torchia, Cpa, PC 401(k) Profit Sharing PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 2.296401236 · Participants: 18200Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 2.056246349 · Participants: 3278Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.821807482 · Participants: 5817Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for the State University of New York Retirement Plan, Total assets ($B): 1.269293939 · Participants: 9758The Research Foundation for the State University of New York Retirement PlanRochester Regional Health 403(b) Defined Contribution Plan, Total assets ($B): 0.987006461 · Participants: 15432Rochester Regional Health 403(b) Defined Contribution Plan
Michael a. Torchia, Cpa, PC 401(k) Profit Sharing Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Michael a. Torchia, Cpa, PC 401(k) Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is H & S Washington, Inc. Retirement Plan in WA ($1M); 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 Michael a. Torchia, Cpa, PC 401(k) Profit Sharing Plan assets move in 2024?
Michael a. Torchia, Cpa, PC 401(k) Profit Sharing Plan grew sharply - up 16.5% during 2024, from $922K to $1M. Reported net income was $153K.
How have Michael a. Torchia, Cpa, P.C. plan assets changed over time?
Across 2 plan years on file (2023-2024), Michael a. Torchia, Cpa, P.C.'s sponsor-wide assets grew 16.5%, from $922K to $1M.
Where does Michael a. Torchia, Cpa, PC 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Michael a. Torchia, Cpa, PC 401(k) Profit Sharing Plan ranks in the 24th 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 Michael a. Torchia, Cpa, PC 401(k) Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is H & S Washington, Inc. Retirement Plan in WA ($1M, 29 participants).
Which Profit Sharing plans cover a similar participant headcount to Michael a. Torchia, Cpa, PC 401(k) Profit Sharing 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).