Profit Sharing · DOL Form 5500 · 2024

Farwest Insulation Contracting Profit Sharing Plan

Data updated 2026-08-11

$15M
Total assets
54
Participants
64th
Percentile by assets
$272,053
Avg per participant
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Official DOL plan name: Farwest Insulation Contracting Employees' Profit Sharing Plan · Sponsored by Farwest Insulation Contracting · California · Construction

$15M in assets, 54 participants

Farwest Insulation Contracting's Farwest Insulation Contracting Employees' Profit Sharing Plan reported $15M in total assets and 54 participants in its 2024 DOL Form 5500 filing, ranking in the 64th 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.

  • 64th percentile by assets (of 123,622 plans)
  • #5,631 in Construction (9,039 peers)

Farwest Insulation Contracting multi-year trail

Farwest Insulation Contracting's plans moved +35.6% in assets from 2022 to 2024; this filing shows Farwest Insulation Contracting Employees' Profit Sharing Plan at $15M / 54 participants.

$15M
total plan assets (2024 EOY)
54
covered participants
64th
percentile by assets (of 123,622 plans)
$272,053
avg assets per participant

Where Farwest Insulation Contracting Employees' Profit Sharing Plan sits by total assets

Farwest Insulation Contracting Employees' Profit Sharing Plan vs every filed plan by assets

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

$14,690,887 Top 36% higher than 64% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Farwest Insulation Contracting Employees' Profit Sharing Plan end-of-year assets rose from $13M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Farwest Insulation Contracting Employees' Profit Sharing Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Farwest Insulation Contracting Employees' Profit Sharing Plan reported participants fell from 55 in the plan year 2023 filing to 54 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Farwest Insulation Contracting across 3 plan years on file

Across the 3 plan years Farwest Insulation Contracting has on file (2022-2024), sponsor-wide plan assets have moved from $11M to $15M, a gain of 35.6%, while reported participants moved from 53 to 54 (+1.9%). Peak year by sponsor assets: 2024 ($15M); trough: 2022 ($11M).

Farwest Insulation Contracting multi-year asset trail

$10M$12M$14M$16M 202220232024 $10.8M $14.7M ▲ +35.5%
Total plan assets by year, all Farwest Insulation Contracting plans on file
Year Plans Participants Total Assets
2022 1 53 $11M
2023 1 55 $13M
2024 1 54 $15M

Farwest Insulation Contracting filing trail (2024)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$15M
Net Income$2M
Employer EIN200393110
Plan Effective Date1970-10-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in California

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

Farwest Insulation Contracting Employees' Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -20246810 Total assets ($B) Participants Farwest Insulation C…, Total assets ($B): 0.014690887 · Participants: 54Farwest Insulation C…Scpmg Keogh Plan, Total assets ($B): 7.873239427 · Participants: 10749Scpmg Keogh PlanIntel Retirement Con…, Total assets ($B): 7.29473208 · Participants: 19044Intel Retirement Con…Motion Picture Indus…, Total assets ($B): 6.232609737 · Participants: 67842Motion Picture Indus…Memorialcare Retirem…, Total assets ($B): 1.429377 · Participants: 4491Memorialcare Retirem…Disney Retirement Sa…, Total assets ($B): 1.420512537 · Participants: 36338Disney Retirement Sa…
Farwest Insulation Contracting Employees' Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Farwest Insulation Contracting Employees' Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Farwest Insulation Contracting Employees' Profit Sharing Plan assets move in 2024?
Farwest Insulation Contracting Employees' Profit Sharing Plan grew at a solid clip - up 14.4% during 2024, from $13M to $15M. Reported net income was $2M.
How have Farwest Insulation Contracting plan assets changed over time?
Across 3 plan years on file (2022-2024), Farwest Insulation Contracting's sponsor-wide assets grew 35.6%, from $11M to $15M.
Which Profit Sharing plans are similar in size to Farwest Insulation Contracting Employees' Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Pleasant Valley Hospital Employees' Pension 401(a) Plan in WV ($15M, 303 participants).

Next read for Farwest Insulation Contracting Employees…

Multi-year trail

Ways to act on Farwest Insulation Contracting Employees' Profit Sharing Plan's numbers.

  • By total assets, Farwest Insulation Contracting Employees' Profit Sharing Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in California. Compare plans
  • Farwest Insulation Contracting's sponsor-wide assets have grown 35.6% since 2022 across 3 plan years on file. More Construction plans