401(k) · DOL Form 5500 · 2024

Groom Law Group, Chartered 401(k) Plan

Data updated 2026-08-11

$195M
Total assets
146
Participants
94th
Percentile by assets
$1.3M
Avg per participant
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Official DOL plan name: Groom Law Group Profit Sharing Plan · Sponsored by Groom Law Group, Chartered · District of Columbia · Professional & Technical Services

$195M in assets, 146 participants

Groom Law Group, Chartered's Groom Law Group Profit Sharing Plan reported $195M in total assets and 146 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 123,622 plans)
  • #19,235 in Professional & Technical Services (20,173 peers)

Coverage in District of Columbia

Groom Law Group Profit Sharing Plan covers 146 participants in District of Columbia, about 10% of the average District of Columbia filer (state average ~1,456 per filing). Assets: $195M.

$195M
total plan assets (2024 EOY)
146
covered participants
94th
percentile by assets (of 123,622 plans)
$1.3M
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Groom Law Group Profit Sharing Plan reported net income rose from $28M in the plan year 2023 filing to $42M in the plan year 2024 filing.
  • Groom Law Group Profit Sharing Plan end-of-year assets rose from $153M in the plan year 2023 filing to $195M in the plan year 2024 filing.
  • Groom Law Group Profit Sharing Plan reported participants rose from 144 in the plan year 2023 filing to 146 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs District of Columbia filers

In District of Columbia, the average filing covers about 1,456 participants across 881 plans. Groom Law Group Profit Sharing Plan reports 146 participants - about 10% of that state average ($195M EOY assets).

District of Columbia filing particulars

Total Assets (Beginning of Year)$153M
Net Assets (End of Year)$195M
Net Income$42M
Employer EIN521219029
Plan Effective Date1981-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Groom Law Group, Chartered)

$100M$150M$200M$250M 202220232024 $125M $195M ▲ +56.2%
Total plan assets by year, all Groom Law Group, Chartered plans on file
Year Plans Participants Total Assets
2022 1 132 $125M
2023 1 144 $153M
2024 1 146 $195M

Nearby 401(k) Plans in District of Columbia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Groom Law Group Profit Sharing Plan vs. nearby 401(k) plans in District of Columbia, assets vs. participants

Groom Law Group Profit Sharing Plan vs. nearby 401(k) plans in District of Columbia, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants Groom Law Group Prof…Danaher Corporation …Geico 401(k) Savings…Federal National Mor…Finra Savings Plus P…Hogan Lovells US LLP…
Groom Law Group Profit Sharing Plan vs. nearby 401(k) plans in District of Columbia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Groom Law Group Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Groom Law Group Profit Sharing Plan assets move in 2024?
Groom Law Group Profit Sharing Plan grew sharply - up 27.4% during 2024, from $153M to $195M. Reported net income was $42M.
How have Groom Law Group, Chartered plan assets changed over time?
Across 3 plan years on file (2022-2024), Groom Law Group, Chartered's sponsor-wide assets grew 56.2%, from $125M to $195M.
Where does Groom Law Group Profit Sharing Plan rank by assets among Form 5500 filers?
Groom Law Group Profit Sharing Plan ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Groom Law Group Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Camden Development, Inc. 401(k) Plan and Trust in TX ($195M, 1,489 participants).

Filing takeaways

Ways to act on Groom Law Group Profit Sharing Plan's numbers.