Profit Sharing · DOL Form 5500 · 2024

Hypower, Inc. Profit Sharing Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
154
Participants Small participant base
41st
Percentile by assets National rank
$31,183
Avg per participant Low balance/head
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Official DOL plan name: The Contractors Retirement Plan · Sponsored by Hypower, Inc. · Florida · Construction

$5M in assets, 154 participants

Hypower, Inc.'s The Contractors Retirement Plan reported $5M in total assets and 154 participants in its 2024 DOL Form 5500 filing, ranking in the 41st 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.

  • #3,591 in Construction (9,039 peers)

Coverage in Florida

The Contractors Retirement Plan covers 154 participants in Florida, about 25% of the average Florida filer (state average ~628 per filing). Assets: $5M.

#3,591
in Construction (9,039 peers)
+67.8%
assets growth YoY

The Contractors Retirement Plan's mid-pack asset rank among Construction and all filers

The Contractors Retirement Plan vs every filed plan by assets

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

$4,802,230 41st percentile higher than 41% 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

The Contractors 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. The Contractors Retirement Plan sits mid-pack in the medium band (154 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Contractors Retirement Plan reported net income rose from $723K in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • The Contractors Retirement Plan end-of-year assets rose from $3M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • The Contractors Retirement Plan reported participants rose from 137 in the plan year 2023 filing to 154 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 880271249 · Hypower, Inc. PY 2024 · Profit Sharing

The Contractors Retirement Plan · $5M · 154 · 41st

  • EBSA $5M
  • PART 154
  • TYPE 41st
  • NET Profit Sharing
  • BOOK near Epstein Properties Co Inc Profit-Sharing Plan
  • VS-ST ind #3591

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 Florida →

The Contractors Retirement Plan in the asset neighbourhood

Rsm Puerto Rico Profit Sharing Retirement PlanRsm Puerto Rico Profit Shari…$5MThe Contractors Retirement PlanThe Contractors Retirement P…$5MEpstein Properties Co Inc Profit-Sharing PlanEpstein Properties Co Inc Pr…$5MDerderian Kann Seyferth & Salucci PC Profit Sharing PlanDerderian Kann Seyferth & Sa…$5MVan Drunen Heating & Air Conditioning, Inc. Profit Sharing PlanVan Drunen Heating & Air Con…$5M
End-of-year total assets ($M) among The Contractors Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Florida filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$5M
Net Income$2M
Employer EIN880271249
Plan Effective Date2009-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hypower, Inc.)

Sponsor-wide plan assets over time

All Hypower, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$20M 55.15018008835% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $12.8M $19.9M ▲ +55.1%
Year Plans Participants Total Assets
2022 2 391 $13M
2023 2 504 $16M
2024 2 712 $20M

Nearby Profit Sharing Plans in Florida

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

The Contractors Retirement Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants The Contractors Retirement Plan, Total assets ($B): 0.00480223 · Participants: 154The Contractors Retirement PlanRetirement Wealth Builder Plan of Pwc, Total assets ($B): 5.704422812 · Participants: 45185Retirement Wealth Builder Plan of PwcRaymond James Financial, Inc. & Affiliates Profit Sharing Plan, Total assets ($B): 1.346943817 · Participants: 16046Raymond James Financial, Inc. & Affiliates Profit Sharing PlanShands Health Care Matched Savings Account 401(a), Total assets ($B): 0.486868039 · Participants: 10470Shands Health Care Matched Savings Account 401(a)Orlando Health, Inc. Retirement Savings Plan 401a, Total assets ($B): 0.458034121 · Participants: 27976Orlando Health, Inc. Retirement Savings Plan 401aAmerican Maritime Officers Defined Contribution Plan, Total assets ($B): 0.357314038 · Participants: 4201American Maritime Officers Defined Contribution Plan
The Contractors Retirement Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants
Compare The Contractors Retirement Plan side-by-side with 3 peers →

The Contractors Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Florida, the nearest Profit Sharing by assets is Epstein Properties Co Inc Profit-Sharing Plan in AZ ($5M); by covered participants it is M & F Western Products Profit Sharing Plan in TX (154 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (154 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 The Contractors Retirement Plan assets move in 2024? ▼
The Contractors Retirement Plan surged - up 67.8% during 2024, from $3M to $5M. Reported net income was $2M.
How have Hypower, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hypower, Inc.'s sponsor-wide assets grew 55.2%, from $13M to $20M.
Which Profit Sharing plans are similar in size to The Contractors Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Epstein Properties Co Inc Profit-Sharing Plan in AZ ($5M, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to The Contractors Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is M & F Western Products Profit Sharing Plan in TX (154 participants, $7M 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 880271249.

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.