Profit Sharing · DOL Form 5500 · 2024
Thomas E. Sears Inc. Profit Sharing Plan
Data updated 2026-08-25
- $27M
- Total assets Below avg plan size
- 23
- Participants Small participant base
- 76th
- Percentile by assets National rank
- $1.2M
- Avg per participant High balance/head
Official DOL plan name: Thomas E. Sears Inc. Profit Sharing Plan · Sponsored by Thomas E. Sears Inc. · Massachusetts · Finance & Insurance
$27M in assets, 23 participants
Thomas E. Sears Inc.'s Thomas E. Sears Inc. Profit Sharing Plan reported $27M in total assets and 23 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.
- #5,330 in Finance & Insurance (8,549 peers)
Where Thomas E. Sears Inc. Profit Sharing Plan sits by assets
Thomas E. Sears Inc. Profit Sharing Plan sits in the top quartile of all filed plans by assets, $27M for 23 participants (~$1.2M/participant), up 5.4% in 2024.
- #5,330
- in Finance & Insurance (8,549 peers)
- +5.4%
- assets growth YoY
- 0.3×
- vs typical plan assets (national mean)
Thomas E. Sears Inc. Profit Sharing Plan's outsized position by total assets
Thomas E. Sears Inc. Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$26,925,247 Top 24% higher than 76% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Thomas E. Sears Inc. Profit Sharing Plan among smaller filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Thomas E. Sears Inc. Profit Sharing Plan is a small filing (23 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Thomas E. Sears Inc. Profit Sharing Plan reported net income rose from $797K in the plan year 2023 filing to $1M in the plan year 2024 filing.
- Thomas E. Sears Inc. Profit Sharing Plan reported participants fell from 25 in the plan year 2023 filing to 23 in the plan year 2024 filing.
- Thomas E. Sears Inc. Profit Sharing Plan end-of-year assets rose from $26M in the plan year 2023 filing to $27M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 041818290 · Thomas E. Sears Inc. PY 2024 · Profit Sharing
Thomas E. Sears Inc. Profit Sharing Plan · $27M · 23 · 76th
- EOY $27M
- EOY 23
- EOY 76th
- EOY Profit Sharing
- EOY near American Society for Quality Retirement Savings Plan
- EOY ind #5330
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 →
Thomas E. Sears Inc. Profit Sharing Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $26M |
|---|---|
| Net Assets (End of Year) | $27M |
| Net Income | $1M |
| Employer EIN | 041818290 |
| Plan Effective Date | 1957-01-05 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Thomas E. Sears Inc.)
Sponsor-wide plan assets over time
All Thomas E. Sears Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $27M 8.830232255934023% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 26 | $25M |
| 2023 | 1 | 25 | $26M |
| 2024 | 1 | 23 | $27M |
Nearby Profit Sharing Plans in Massachusetts
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Consolidated 403(b) Program of Mass General Brigham and Member Organizations $16.7B · 76,559
- Demoulas (Restated) Profit Sharing Plan & Trust $1.1B · 14,037
- Dana-Farber Cancer Institute Retirement Plan $930M · 5,518
- The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund $686M · 6,385
- Sheet Metal Workers Local 17 Annuity Income Fund $656M · 3,065
Thomas E. Sears Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Massachusetts, the nearest Profit Sharing by assets is American Society for Quality Retirement Savings Plan in WI ($27M); by covered participants it is Univision of Puerto Rico Inc.,Union Savings Plan in PR (23 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($27M here).
- American Society for Quality Retirement Savings Plan (WI) $27M · 131
- Zamler, Mellen & Shiffman Profit Sharing Plan (MI) $27M · 3
- New York League for Early Learning, Inc. Discretionary Defined Contribution Retirement Plan (NY) $27M · 1,128
- Shaw Brothers Construction Profit Sharing Plan (ME) $27M · 212
Similar participant headcount
Nearest other-state filings by covered participants (23 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.