Profit Sharing · DOL Form 5500 · 2023

Spencer Development Corporation Profit Sharing Plan

Data updated 2026-08-25

$607K
Total assets Small plan by assets
2
Participants Small participant base
20th
Percentile by assets National rank
$303,423
Avg per participant High balance/head
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Official DOL plan name: Spencer Development Corporation Profit Sharing Plan · Sponsored by Spencer Development Corporation · Arizona · Real Estate

$607K in assets, 2 participants

Spencer Development Corporation's Spencer Development Corporation Profit Sharing Plan reported $607K in total assets and 2 participants in its 2023 DOL Form 5500 filing, ranking in the 20th 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.

  • #1,603 in Real Estate (4,727 peers)

2023 asset change

Spencer Development Corporation Profit Sharing Plan contracted severely 43.3% in 2023 ($1M → $607K) for 2 participants.

#1,603
in Real Estate (4,727 peers)
-43.3%
assets change YoY

The plan reported a net loss of $463K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Spencer Development Corporation Profit Sharing Plan among the smaller filed plans by assets

Spencer Development Corporation Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$606,845 20th percentile higher than 20% of 127,068 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 2023

Spencer Development Corporation Profit Sharing Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Spencer Development Corporation Profit Sharing Plan is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Spencer Development Corporation Profit Sharing Plan reported net income fell from $12K in the plan year 2022 filing to -$463K in the plan year 2023 filing.
  • Spencer Development Corporation Profit Sharing Plan end-of-year assets fell from $1M in the plan year 2022 filing to $607K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 860289001 · Spencer Development Corporation PY 2023 · Profit Sharing

Spencer Development Corporation Profit Sharing Plan · $607K · 2 · 20th

  • TYPE $607K
  • NET 2
  • BOOK 20th
  • VS-ST Profit Sharing
  • BOY near Tsg2, Inc. Profit Sharing Plan
  • SCH ind #1603

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 Real Estate retirement plans → · Plans in Arizona →

Spencer Development Corporation Profit Sharing Plan in the asset neighbourhood

Spencer Development Corporation Profit Sharing PlanSpencer Development Corporat…$607KTsg2, Inc. Profit Sharing PlanTsg2, Inc. Profit Sharing Pl…$607KRobert H Clark Inc Profit Sharing Plan & TrustRobert H Clark Inc Profit Sh…$607KRlt Enterprises, Inc. Profit Sharing PlanRlt Enterprises, Inc. Profit…$607KNoogs Properties Incorporated Retirement PlanNoogs Properties Incorporate…$606K
End-of-year total assets ($M) among Spencer Development Corporation Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Spencer Development Corporation years around the 2023 move

Sponsor-wide plan assets over time

All Spencer Development Corporation plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$0.5M$1M$1.5M 202220232024 $1.07M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 2 $1M
2023 1 2 $607K
2024 1 2 N/A

2023 asset-move particulars

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$607K
Net Income-$463K
Employer EIN860289001
Plan Effective Date2004-03-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Arizona

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

Spencer Development Corporation Profit Sharing Plan vs. nearby Profit Sharing plans in Arizona, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -200204060 Total assets ($M) Participants Spencer Development Corporation Profit Sharing Plan, Total assets ($M): 0.606845 · Participants: 2Spencer Development Corporation Profit Sharing PlanKitchell Affiliates Employees' Profit Sharing Plan, Total assets ($M): 54.542696 · Participants: 543Kitchell Affiliates Employees' Profit Sharing PlanFood & Beverage Workers Union Local 23 & Employers Pension Plan, Total assets ($M): 43.771636 · Participants: 1680Food & Beverage Workers Union Local 23 & Employers Pension PlanM R Sheet Metal Mfg Inc Profit Sharing Plan Trust, Total assets ($M): 38.178869 · Participants: 26M R Sheet Metal Mfg Inc Profit Sharing Plan TrustMarana Health Center, Inc. 403b Plan, Total assets ($M): 27.609373 · Participants: 725Marana Health Center, Inc. 403b PlanCenter for Biological Diversity 403(b) DC Plan, Total assets ($M): 25.74938 · Participants: 180Center for Biological Diversity 403(b) DC Plan
Spencer Development Corporation Profit Sharing Plan vs. nearby Profit Sharing plans in Arizona, assets vs. participants
Compare Spencer Development Corporation Profit Sharing Plan side-by-side with 3 peers →

Spencer Development Corporation Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Arizona, the nearest Profit Sharing by assets is Tsg2, Inc. Profit Sharing Plan in NC ($607K); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Spencer Development Corporation Profit Sharing Plan assets move in 2023? ▼
Spencer Development Corporation Profit Sharing Plan contracted severely - down 43.3% during 2023, from $1M to $607K. Reported net income was -$463K.
Where does Spencer Development Corporation Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Spencer Development Corporation Profit Sharing Plan ranks in the 20th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Spencer Development Corporation Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Tsg2, Inc. Profit Sharing Plan in NC ($607K, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Spencer Development Corporation Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants, $5M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 860289001.

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.