Profit Sharing · DOL Form 5500 · 2024

Mound Family Hardware Profit Sharing Plan

Data updated 2026-08-25

$597K
Total assets Small plan by assets
11
Participants Small participant base
19th
Percentile by assets National rank
$54,257
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Mound Family Hardware Profit Sharing Plan · Sponsored by Mound Family Hardware · Minnesota · Retail Trade

$597K in assets, 11 participants

Mound Family Hardware's Mound Family Hardware Profit Sharing Plan reported $597K in total assets and 11 participants in its 2024 DOL Form 5500 filing, ranking in the 19th 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.

  • #2,436 in Retail Trade (8,048 peers)

What the 2024 filing shows

Mound Family Hardware Profit Sharing Plan holds $597K for 11 participants - about $54,257 per participant, among the smaller plans by assets on file.

#2,436
in Retail Trade (8,048 peers)
-3.3%
assets change YoY

The plan reported a net loss of $20K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mound Family Hardware Profit Sharing Plan among the smaller filed plans by assets

Mound Family Hardware Profit Sharing Plan vs every filed plan by assets

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

$596,828 19th percentile higher than 19% 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

Mound Family Hardware 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. Mound Family Hardware Profit Sharing Plan is a small filing (11 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mound Family Hardware Profit Sharing Plan reported net income fell from $57K in the plan year 2023 filing to -$20K in the plan year 2024 filing.
  • Mound Family Hardware Profit Sharing Plan end-of-year assets fell from $617K in the plan year 2023 filing to $597K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 411568043 · Mound Family Hardware PY 2024 · Profit Sharing

Mound Family Hardware Profit Sharing Plan · $597K · 11 · 19th

  • VS-ST $597K
  • BOY 11
  • SCH 19th
  • EBSA Profit Sharing
  • PART near Drl Holdings Inc. Retirement Plan
  • TYPE ind #2436

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 Retail Trade retirement plans → · Plans in Minnesota →

Mound Family Hardware Profit Sharing Plan in the asset neighbourhood

Mound Family Hardware Profit Sharing PlanMound Family Hardware Profit…$597KDrl Holdings Inc. Retirement PlanDrl Holdings Inc. Retirement…$597KB. Cornier Gracia Retirement PlanB. Cornier Gracia Retirement…$597KSuperior Door Corp. Retirement PlanSuperior Door Corp. Retireme…$597KSlott's of Services, Inc. Profit Sharing PlanSlott's of Services, Inc. Pr…$597K
End-of-year total assets ($M) among Mound Family Hardware Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$617K
Net Assets (End of Year)$597K
Net Income-$20K
Employer EIN411568043
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mound Family Hardware)

Sponsor-wide plan assets over time

All Mound Family Hardware plans reported in each filing year

Latest sponsor-wide plan assets
$597K 6.447171292002568% vs 2022
2024 filing year
$0.54M$0.56M$0.58M$0.6M$0.62M$0.64M 202220232024 $0.56M $0.6M ▲ +7.1%
Year Plans Participants Total Assets
2022 1 12 $561K
2023 1 11 $617K
2024 1 11 $597K

Nearby Profit Sharing Plans in Minnesota

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

Mound Family Hardware Profit Sharing Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.52 Total assets ($B) Participants Mound Family Hardware Profit Sharing Plan, Total assets ($B): 0.000596828 · Participants: 11Mound Family Hardware Profit Sharing PlanPipe Trades Services Mn Pension Supplement Fund, Total assets ($B): 1.820221913 · Participants: 6017Pipe Trades Services Mn Pension Supplement FundAllina 403(b) Retirement Savings Plan, Total assets ($B): 0.902491999 · Participants: 8757Allina 403(b) Retirement Savings PlanFairview Health Services Pension Plan, Total assets ($B): 0.64405166 · Participants: 4702Fairview Health Services Pension PlanCargill Employee Retirement Account Plan, Total assets ($B): 0.612718536 · Participants: 20683Cargill Employee Retirement Account PlanRegions Hospital Retirement Savings 401(k) Plan, Total assets ($B): 0.601951844 · Participants: 6323Regions Hospital Retirement Savings 401(k) Plan
Mound Family Hardware Profit Sharing Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants

Mound Family Hardware Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Minnesota, the nearest Profit Sharing by assets is Drl Holdings Inc. Retirement Plan in GA ($597K); by covered participants it is Capital Craftsmen, Inc. Profit Sharing Plan in NY (11 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($597K here).

Similar participant headcount

Nearest other-state filings by covered participants (11 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 Mound Family Hardware Profit Sharing Plan assets move in 2024?
Mound Family Hardware Profit Sharing Plan edged down modestly - down 3.3% during 2024, from $617K to $597K. Reported net income was -$20K.
How have Mound Family Hardware plan assets changed over time?
Across 3 plan years on file (2022-2024), Mound Family Hardware's sponsor-wide assets grew 6.4%, from $561K to $597K.
Where does Mound Family Hardware Profit Sharing Plan rank by assets among Form 5500 filers?
Mound Family Hardware Profit Sharing Plan ranks in the 19th 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 Mound Family Hardware Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Drl Holdings Inc. Retirement Plan in GA ($597K, 5 participants).
Which Profit Sharing plans cover a similar participant headcount to Mound Family Hardware Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Capital Craftsmen, Inc. Profit Sharing Plan in NY (11 participants, N/A in assets).