Profit Sharing · DOL Form 5500 · 2024

Romanoff Electric, Inc. Profit Sharing Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
166
Participants Small participant base
34th
Percentile by assets National rank
$18,474
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Romanoff Electric, Inc. Retirement Plan · Sponsored by Romanoff Electric, Inc. · Ohio · Construction

$3M in assets, 166 participants

Romanoff Electric, Inc.'s Romanoff Electric, Inc. Retirement Plan reported $3M in total assets and 166 participants in its 2024 DOL Form 5500 filing, ranking in the 34th 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.

  • #2,987 in Construction (9,039 peers)

Coverage in Ohio

Romanoff Electric, Inc. Retirement Plan covers 166 participants in Ohio, about 22% of the average Ohio filer (state average ~765 per filing). Assets: $3M.

#2,987
in Construction (9,039 peers)
+20.4%
assets growth YoY

Romanoff Electric, Inc. Retirement Plan's mid-pack asset rank among Construction and all filers

Romanoff Electric, Inc. Retirement Plan vs every filed plan by assets

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

$3,066,686 34th percentile higher than 34% 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

Romanoff Electric, Inc. Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Romanoff Electric, Inc. Retirement Plan sits mid-pack in the medium band (166 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Romanoff Electric, Inc. Retirement Plan end-of-year assets rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Romanoff Electric, Inc. Retirement Plan reported net income fell from $632K in the plan year 2023 filing to $520K in the plan year 2024 filing.
  • Romanoff Electric, Inc. Retirement Plan reported participants rose from 145 in the plan year 2023 filing to 166 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 311020367 · Romanoff Electric, Inc. PY 2024 · Profit Sharing

Romanoff Electric, Inc. Retirement Plan · $3M · 166 · 34th

  • TYPE $3M
  • NET 166
  • BOOK 34th
  • VS-ST Profit Sharing
  • BOY near Glen S Lovelace Md PA
  • SCH ind #2987

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 Construction retirement plans → · Plans in Ohio →

Romanoff Electric, Inc. Retirement Plan in the asset neighbourhood

Romanoff Electric, Inc. Retirement PlanRomanoff Electric, Inc. Reti…$3MGlen S Lovelace Md PA$3MElman Retina Group, P.a. Profit Sharing Plan and TrustElman Retina Group, P.a. Pro…$3MGlad Employer Contribution 401(a) PlanGlad Employer Contribution 4…$3MRgh Enterprises, Inc. Retirement PlanRgh Enterprises, Inc. Retire…$3M
End-of-year total assets ($M) among Romanoff Electric, Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$520K
Employer EIN311020367
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Romanoff Electric, Inc.)

Sponsor-wide plan assets over time

All Romanoff Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$18M 102.87822228245795% vs 2022
2024 filing year
$5M$10M$15M$20M 202220232024 $9.06M $18.4M ▲ +102.9%
Year Plans Participants Total Assets
2022 1 677 $9M
2023 2 958 $14M
2024 2 1,124 $18M

Nearby Profit Sharing Plans in Ohio

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

Romanoff Electric, Inc. Retirement Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -0.500.511.52 Total assets ($B) Participants Romanoff Electric, Inc. Retirement Plan, Total assets ($B): 0.003066686 · Participants: 166Romanoff Electric, Inc. Retirement PlanCleveland Clinic Investment Pension Plan, Total assets ($B): 1.771113936 · Participants: 51751Cleveland Clinic Investment Pension PlanMasterbrand, Inc. Retirement Savings Plan, Total assets ($B): 0.544315052 · Participants: 6062Masterbrand, Inc. Retirement Savings PlanWorthington Steel, Inc. 401(k) Retirement Savings Plan, Total assets ($B): 0.523297754 · Participants: 2500Worthington Steel, Inc. 401(k) Retirement Savings PlanThe Employer Retirement Savings Plan - Premier Health Partners, Total assets ($B): 0.24382437 · Participants: 12736The Employer Retirement Savings Plan - Premier Health PartnersThree Rivers Annuity Fund, Total assets ($B): 0.21367125 · Participants: 960Three Rivers Annuity Fund
Romanoff Electric, Inc. Retirement Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants
Compare Romanoff Electric, Inc. Retirement Plan side-by-side with 3 peers →

Romanoff Electric, Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Ohio, the nearest Profit Sharing by assets is Glen S Lovelace Md PA in ID ($3M); by covered participants it is Apple Ford White Bear Lake 401(k) Plan in MN (166 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (166 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 Romanoff Electric, Inc. Retirement Plan assets move in 2024? ▼
Romanoff Electric, Inc. Retirement Plan grew sharply - up 20.4% during 2024, from $3M to $3M. Reported net income was $520K.
How have Romanoff Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Romanoff Electric, Inc.'s sponsor-wide assets grew 102.9%, from $9M to $18M.
Which Profit Sharing plans are similar in size to Romanoff Electric, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Glen S Lovelace Md PA in ID ($3M, 12 participants).
Which Profit Sharing plans cover a similar participant headcount to Romanoff Electric, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Apple Ford White Bear Lake 401(k) Plan in MN (166 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 311020367.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.