Profit Sharing · DOL Form 5500 · 2024

Ackerman & Ackerman, P.C. Profit Sharing Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
3
Participants Small participant base
60th
Percentile by assets National rank
$4.1M
Avg per participant High balance/head
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Official DOL plan name: Ackerman & Ackerman, P.C. Profit Sharing Trust · Sponsored by Ackerman & Ackerman, P.C. · Michigan · Professional & Technical Services

$12M in assets, 3 participants

Ackerman & Ackerman, P.C.'s Ackerman & Ackerman, P.C. Profit Sharing Trust reported $12M in total assets and 3 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • #11,884 in Professional & Technical Services (20,173 peers)

What the 2024 filing shows

Ackerman & Ackerman, P.C. Profit Sharing Trust holds $12M for 3 participants - about $4.1M per participant, above the median plan by assets.

#11,884
in Professional & Technical Services (20,173 peers)
-2.7%
assets change YoY

The plan reported a net loss of $342K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Ackerman & Ackerman, P.C. Profit Sharing Trust's mid-pack asset rank among Professional & Technical Services and all filers

Ackerman & Ackerman, P.C. Profit Sharing Trust vs every filed plan by assets

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

$12,347,268 Top 40% higher than 60% 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

Ackerman & Ackerman, P.C. Profit Sharing Trust among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ackerman & Ackerman, P.C. Profit Sharing Trust is a micro filing (3 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ackerman & Ackerman, P.C. Profit Sharing Trust reported net income fell from $79K in the plan year 2023 filing to -$342K in the plan year 2024 filing.
  • Ackerman & Ackerman, P.C. Profit Sharing Trust end-of-year assets fell from $13M in the plan year 2023 filing to $12M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 382231136 · Ackerman & Ackerman, P.C. PY 2024 · Profit Sharing

Ackerman & Ackerman, P.C. Profit Sharing Trust · $12M · 3 · 60th

  • PCT $12M
  • PCT 3
  • PCT 60th
  • PCT Profit Sharing
  • PCT near Satco Products, Inc. Profit Sharing Plan and Trust
  • PCT ind #11884

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 Michigan →

Ackerman & Ackerman, P.C. Profit Sharing Trust in the asset neighbourhood

Braha Industries Inc Profit-Sharing TrustBraha Industries Inc Profit-…$12MTriangle Dealers Group Retirement PlanTriangle Dealers Group Retir…$12MAckerman & Ackerman, P.C. Profit Sharing TrustAckerman & Ackerman, P.C. Pr…$12MSatco Products, Inc. Profit Sharing Plan and TrustSatco Products, Inc. Profit …$12MChugh, LLP Profit Sharing PlanChugh, LLP Profit Sharing Pl…$12M
End-of-year total assets ($M) among Ackerman & Ackerman, P.C. Profit Sharing Trust and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$12M
Net Income-$342K
Employer EIN382231136
Plan Effective Date1984-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ackerman & Ackerman, P.C.)

Sponsor-wide plan assets over time

All Ackerman & Ackerman, P.C. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 2.0839869120368975% vs 2022
2024 filing year
$12.2M$12.4M$12.6M$12.8M 202220232024 $12.6M $12.4M ▼ -2.1%
Year Plans Participants Total Assets
2022 1 3 $13M
2023 1 3 $13M
2024 1 3 $12M

Nearby Profit Sharing Plans in Michigan

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

Ackerman & Ackerman, P.C. Profit Sharing Trust vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.52 Total assets ($B) Participants Ackerman & Ackerman, P.C. Profit Sharing Trust, Total assets ($B): 0.012347268 · Participants: 3Ackerman & Ackerman, P.C. Profit Sharing TrustHenry Ford Health System Retirement Savings Plan, Total assets ($B): 1.838163362 · Participants: 13461Henry Ford Health System Retirement Savings PlanHemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan, Total assets ($B): 0.339745231 · Participants: 1472Hemlock Semiconductor Operations LLC Employees' Capital Accumulation PlanIron Workers Defined Contribution Pension Fund Plan, Total assets ($B): 0.231623418 · Participants: 5319Iron Workers Defined Contribution Pension Fund PlanNECA-IBEW Memphis Retirement Plan, Total assets ($B): 0.229985274 · Participants: 2755NECA-IBEW Memphis Retirement PlanPlumbers and Pipefitters Local Union 520 Annuity Plan, Total assets ($B): 0.219548504 · Participants: 1639Plumbers and Pipefitters Local Union 520 Annuity Plan
Ackerman & Ackerman, P.C. Profit Sharing Trust vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Ackerman & Ackerman, P.C. Profit Sharing Trust's out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is Satco Products, Inc. Profit Sharing Plan and Trust in NY ($12M); by covered participants it is Dick & Jane, Inc. Profit Sharing Plan & Trust in CO (3 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Similar participant headcount

Nearest other-state filings by covered participants (3 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 Ackerman & Ackerman, P.C. Profit Sharing Trust assets move in 2024?
Ackerman & Ackerman, P.C. Profit Sharing Trust edged down modestly - down 2.7% during 2024, from $13M to $12M. Reported net income was -$342K.
How have Ackerman & Ackerman, P.C. plan assets changed over time?
Across 3 plan years on file (2022-2024), Ackerman & Ackerman, P.C.'s sponsor-wide assets declined 2.1%, from $13M to $12M.
Which Profit Sharing plans are similar in size to Ackerman & Ackerman, P.C. Profit Sharing Trust?
Among Profit Sharing plans in other states, the closest by assets is Satco Products, Inc. Profit Sharing Plan and Trust in NY ($12M, 329 participants).
Which Profit Sharing plans cover a similar participant headcount to Ackerman & Ackerman, P.C. Profit Sharing Trust?
Among Profit Sharing plans in other states, the closest by covered participants is Dick & Jane, Inc. Profit Sharing Plan & Trust in CO (3 participants, $796K in assets).