Money Purchase · DOL Form 5500 · 2024

Joe I Askar Money Purchase Plan

Data updated 2026-08-11

$4M
Total assets
3
Participants
38th
Percentile by assets
$1.3M
Avg per participant
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Official DOL plan name: Joe I Askar Profit Sharing Plan · Sponsored by Joe I Askar · New York · Healthcare & Social Assistance

$4M in assets, 3 participants

Joe I Askar's Joe I Askar Profit Sharing Plan reported $4M in total assets and 3 participants in its 2024 DOL Form 5500 filing, ranking in the 38th 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.

  • 38th percentile by assets (of 123,622 plans)
  • #6,601 in Healthcare & Social Assistance (16,916 peers)

Joe I Askar multi-year trail

Joe I Askar's plans moved +54.6% in assets from 2022 to 2024; this filing shows Joe I Askar Profit Sharing Plan at $4M / 3 participants.

$4M
total plan assets (2024 EOY)
3
covered participants
38th
percentile by assets (of 123,622 plans)
$1.3M
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Joe I Askar Profit Sharing Plan end-of-year assets rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Joe I Askar Profit Sharing Plan reported net income fell from $720K in the plan year 2023 filing to $633K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Joe I Askar across 3 plan years on file

Across the 3 plan years Joe I Askar has on file (2022-2024), sponsor-wide plan assets have moved from $2M to $4M, a gain of 54.6%, while reported participants moved from 2 to 3 (+50.0%). Peak year by sponsor assets: 2024 ($4M); trough: 2022 ($2M).

Joe I Askar multi-year asset trail

$2M$2.5M$3M$3.5M$4M 202220232024 $2.48M $3.83M ▲ +54.4%
Total plan assets by year, all Joe I Askar plans on file
Year Plans Participants Total Assets
2022 1 2 $2M
2023 1 3 $3M
2024 1 3 $4M

Joe I Askar filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$633K
Employer EIN161537704
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Nearby Money Purchase Plans in New York

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Joe I Askar Profit Sharing Plan vs. nearby Money Purchase plans in New York, assets vs. participants

Joe I Askar Profit Sharing Plan vs. nearby Money Purchase plans in New York, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -202468 Total assets ($B) Participants Joe I Askar Profit S…Tiaa Retirement PlanYoung Men's Christia…McKinsey & Company, …Brookhaven Science A…Iron Workers Locals …
Joe I Askar Profit Sharing Plan vs. nearby Money Purchase plans in New York, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Joe I Askar Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Joe I Askar Profit Sharing Plan assets move in 2024?
Joe I Askar Profit Sharing Plan grew sharply - up 19.8% during 2024, from $3M to $4M. Reported net income was $633K.
How have Joe I Askar plan assets changed over time?
Across 3 plan years on file (2022-2024), Joe I Askar's sponsor-wide assets grew 54.6%, from $2M to $4M.
Which Money Purchase plans are similar in size to Joe I Askar Profit Sharing Plan?
Among Money Purchase plans in other states, the closest by assets is The Child and Family Guidance Center, Inc. Money Purchase Plan in CT ($4M, 82 participants).

Multi-year trail

Ways to act on Joe I Askar Profit Sharing Plan's numbers.