Profit Sharing · DOL Form 5500 · 2024

Peter M. Cannon, Md, PC Profit Sharing Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
1
Participants Small participant base
27th
Percentile by assets National rank
$1.5M
Avg per participant High balance/head
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Official DOL plan name: Peter M. Cannon, M.D., P.C. Profit Sharing Plan · Sponsored by Peter M. Cannon, Md, PC · Idaho · Healthcare & Social Assistance

$2M in assets, 1 participants

Peter M. Cannon, Md, PC's Peter M. Cannon, M.D., P.C. Profit Sharing Plan reported $2M in total assets and 1 participant 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.

  • #3,991 in Healthcare & Social Assistance (16,916 peers)

Peter M. Cannon, Md, PC multi-year trail

Peter M. Cannon, Md, PC's plans moved -10.5% in assets from 2022 to 2024; this filing shows Peter M. Cannon, M.D., P.C. Profit Sharing Plan at $2M / 1 participant.

#3,991
in Healthcare & Social Assistance (16,916 peers)
-7.0%
assets change YoY

The plan reported a net loss of $113K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Peter M. Cannon, M.D., P.C. Profit Sharing Plan among the smaller filed plans by assets

Peter M. Cannon, M.D., P.C. Profit Sharing Plan vs every filed plan by assets

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

$1,515,135 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

Peter M. Cannon, M.D., P.C. 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. Peter M. Cannon, M.D., P.C. 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

  • Peter M. Cannon, M.D., P.C. Profit Sharing Plan reported net income fell from -$65K in the plan year 2023 filing to -$113K in the plan year 2024 filing.
  • Peter M. Cannon, M.D., P.C. Profit Sharing Plan end-of-year assets fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 820352573 · Peter M. Cannon, Md, PC PY 2024 · Profit Sharing

Peter M. Cannon, M.D., P.C. Profit Sharing Plan · $2M · 1 · 27th

  • EIN $2M
  • RANK 1
  • PHOTO 27th
  • IND Profit Sharing
  • EOY near Thomas G. D'luge P.C. Employee Profit Sharing Plan and Trust
  • 5500 ind #3991

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 Healthcare & Social Assistance retirement plans → · Plans in Idaho →

Peter M. Cannon, M.D., P.C. Profit Sharing Plan in the asset neighbourhood

Peter M. Cannon, M.D., P.C. Profit Sharing PlanPeter M. Cannon, M.D., P.C. …$2MThomas G. D'luge P.C. Employee Profit Sharing Plan and TrustThomas G. D'luge P.C. Employ…$2MUnited Plumbing Mechanical, Inc. Profit Sharing PlanUnited Plumbing Mechanical, …$2MIs Living, Inc. 403(b) Retirement Savings PlanIs Living, Inc. 403(b) Retir…$2MFai-Gon Electric, Inc. Profit Sharing PlanFai-Gon Electric, Inc. Profi…$2M
End-of-year total assets ($M) among Peter M. Cannon, M.D., P.C. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Peter M. Cannon, Md, PC multi-year asset trail

Sponsor-wide plan assets over time

All Peter M. Cannon, Md, PC plans reported in each filing year

Latest sponsor-wide plan assets
$2M 10.540147657600635% vs 2022
2024 filing year
$1.5M$1.6M$1.7M$1.8M 202220232024 $1.69M $1.52M ▼ -10.1%
Year Plans Participants Total Assets
2022 1 1 $2M
2023 1 1 $2M
2024 1 1 $2M

Peter M. Cannon, Md, PC filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$113K
Employer EIN820352573
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Idaho

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

Peter M. Cannon, M.D., P.C. Profit Sharing Plan vs. nearby Profit Sharing plans in Idaho, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -20002004006008001000 Total assets ($M) Participants Peter M. Cannon, M.D., P.C. Profit Sharing Plan, Total assets ($M): 1.515135 · Participants: 1Peter M. Cannon, M.D., P.C. Profit Sharing PlanSt. Luke's Health System Performance Incentive and 401(a) Matching Plan, Total assets ($M): 769.886564 · Participants: 17370St. Luke's Health System Performance Incentive and 401(a) Matching PlanP1fcu 401(k) Plan and Trust, Total assets ($M): 29.578607 · Participants: 459P1fcu 401(k) Plan and TrustDykman Electrical, Inc. Profit Sharing Plan, Total assets ($M): 28.751994 · Participants: 99Dykman Electrical, Inc. Profit Sharing PlanThe Bank of Commerce Profit Sharing Plan, Total assets ($M): 24.895004 · Participants: 142The Bank of Commerce Profit Sharing PlanSt. Mary's & Clearwater Valley Hospitals and Clinics 403(b) Plan, Total assets ($M): 23.963292 · Participants: 420St. Mary's & Clearwater Valley Hospitals and Clinics 403(b) Plan
Peter M. Cannon, M.D., P.C. Profit Sharing Plan vs. nearby Profit Sharing plans in Idaho, assets vs. participants

Peter M. Cannon, M.D., P.C. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Idaho, the nearest Profit Sharing by assets is Thomas G. D'luge P.C. Employee Profit Sharing Plan and Trust in MI ($2M); 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 Peter M. Cannon, M.D., P.C. Profit Sharing Plan assets move in 2024?
Peter M. Cannon, M.D., P.C. Profit Sharing Plan pulled back noticeably - down 7.0% during 2024, from $2M to $2M. Reported net income was -$113K.
How have Peter M. Cannon, Md, PC plan assets changed over time?
Across 3 plan years on file (2022-2024), Peter M. Cannon, Md, PC's sponsor-wide assets declined 10.5%, from $2M to $2M.
Which Profit Sharing plans are similar in size to Peter M. Cannon, M.D., P.C. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Thomas G. D'luge P.C. Employee Profit Sharing Plan and Trust in MI ($2M, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to Peter M. Cannon, M.D., P.C. 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).