Profit Sharing · DOL Form 5500 · 2024

Ace Barnes Hardware, Inc. Profit Sharing Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
41
Participants Small participant base
31st
Percentile by assets National rank
$55,783
Avg per participant Low balance/head
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Official DOL plan name: Ace Barnes Hardware Employees Profit Sharing Plan · Sponsored by Ace Barnes Hardware, Inc. · Michigan · Retail Trade

$2M in assets, 41 participants

Ace Barnes Hardware, Inc.'s Ace Barnes Hardware Employees Profit Sharing Plan reported $2M in total assets and 41 participants in its 2024 DOL Form 5500 filing, ranking in the 31st 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.

  • #3,464 in Retail Trade (8,048 peers)

Ace Barnes Hardware, Inc. multi-year trail

Ace Barnes Hardware, Inc.'s plans moved +12.8% in assets from 2022 to 2024; this filing shows Ace Barnes Hardware Employees Profit Sharing Plan at $2M / 41 participants.

#3,464
in Retail Trade (8,048 peers)
+5.4%
assets growth YoY

Ace Barnes Hardware Employees Profit Sharing Plan among the smaller filed plans by assets

Ace Barnes Hardware Employees Profit Sharing Plan vs every filed plan by assets

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

$2,287,087 31st percentile higher than 31% 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

Ace Barnes Hardware Employees 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. Ace Barnes Hardware Employees Profit Sharing Plan is a small filing (41 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ace Barnes Hardware Employees Profit Sharing Plan reported net income fell from $143K in the plan year 2023 filing to $117K in the plan year 2024 filing.
  • Ace Barnes Hardware Employees Profit Sharing Plan end-of-year assets rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Ace Barnes Hardware Employees Profit Sharing Plan reported participants rose from 40 in the plan year 2023 filing to 41 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 382135241 · Ace Barnes Hardware, Inc. PY 2024 · Profit Sharing

Ace Barnes Hardware Employees Profit Sharing Plan · $2M · 41 · 31st

  • IND $2M
  • IND 41
  • IND 31st
  • IND Profit Sharing
  • IND near Alas Partners, Inc. Retirement Plan
  • IND ind #3464

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 Michigan →

Ace Barnes Hardware Employees Profit Sharing Plan in the asset neighbourhood

Ace Barnes Hardware Employees Profit Sharing PlanAce Barnes Hardware Employee…$2MAlas Partners, Inc. Retirement PlanAlas Partners, Inc. Retireme…$2MAlliance Preparatory Schools ERISA 403(b) PlanAlliance Preparatory Schools…$2MHks Profit Sharing Plan$2MK6 Ventures, Inc. Profit Sharing Plan & TrustK6 Ventures, Inc. Profit Sha…$2M
End-of-year total assets ($M) among Ace Barnes Hardware Employees Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Ace Barnes Hardware, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Ace Barnes Hardware, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 12.84571562777231% vs 2022
2024 filing year
$2M$2.1M$2.2M$2.3M$2.4M 202220232024 $2.03M $2.29M ▲ +12.8%
Year Plans Participants Total Assets
2022 1 41 $2M
2023 1 40 $2M
2024 1 41 $2M

Ace Barnes Hardware, Inc. filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$117K
Employer EIN382135241
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Michigan

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

Ace Barnes Hardware Employees Profit Sharing Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.52 Total assets ($B) Participants Ace Barnes Hardware Employees Profit Sharing Plan, Total assets ($B): 0.002287087 · Participants: 41Ace Barnes Hardware Employees Profit Sharing PlanHenry 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
Ace Barnes Hardware Employees Profit Sharing Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants
Compare Ace Barnes Hardware Employees Profit Sharing Plan side-by-side with 3 peers →

Ace Barnes Hardware Employees Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is Alas Partners, Inc. Retirement Plan in FL ($2M); by covered participants it is Jamal's Enterprises, Inc. Profit Sharing Plan and Trust in CA (41 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (41 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 Ace Barnes Hardware Employees Profit Sharing Plan assets move in 2024? ▼
Ace Barnes Hardware Employees Profit Sharing Plan grew at a solid clip - up 5.4% during 2024, from $2M to $2M. Reported net income was $117K.
How have Ace Barnes Hardware, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ace Barnes Hardware, Inc.'s sponsor-wide assets grew 12.8%, from $2M to $2M.
Which Profit Sharing plans are similar in size to Ace Barnes Hardware Employees Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Alas Partners, Inc. Retirement Plan in FL ($2M, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Ace Barnes Hardware Employees Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Jamal's Enterprises, Inc. Profit Sharing Plan and Trust in CA (41 participants, $19M 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 382135241.

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.