Profit Sharing · DOL Form 5500 · 2024

Northwest Tennessee Economic Development Council Profit Sharing Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
261
Participants Below avg headcount
45th
Percentile by assets National rank
$22,908
Avg per participant Low balance/head
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Official DOL plan name: Northwest Tennessee Economic Development Council Profit Sharing Plan · Sponsored by Northwest Tennessee Economic Development Council · Tennessee · Educational Services

$6M in assets, 261 participants

Northwest Tennessee Economic Development Council's Northwest Tennessee Economic Development Council Profit Sharing Plan reported $6M in total assets and 261 participants in its 2024 DOL Form 5500 filing, ranking in the 45th 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.

  • #1,072 in Educational Services (3,638 peers)

Coverage in Tennessee

Northwest Tennessee Economic Development Council Profit Sharing Plan covers 261 participants in Tennessee, about 23% of the average Tennessee filer (state average ~1,126 per filing). Assets: $6M.

#1,072
in Educational Services (3,638 peers)
+3.5%
assets growth YoY

Northwest Tennessee Economic Development Council Profit Sharing Plan's mid-pack asset rank among Educational Services and all filers

Northwest Tennessee Economic Development Council Profit Sharing Plan vs every filed plan by assets

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

$5,979,067 45th percentile higher than 45% 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

Northwest Tennessee Economic Development Council Profit Sharing 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. Northwest Tennessee Economic Development Council Profit Sharing Plan sits mid-pack in the medium band (261 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Northwest Tennessee Economic Development Council Profit Sharing Plan reported net income fell from $593K in the plan year 2023 filing to $195K in the plan year 2024 filing.
  • Northwest Tennessee Economic Development Council Profit Sharing Plan reported participants rose from 237 in the plan year 2023 filing to 261 in the plan year 2024 filing.
  • Northwest Tennessee Economic Development Council Profit Sharing Plan end-of-year assets rose from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 620729622 · Northwest Tennessee Economic Development Council PY 2024 · Profit Sharing

Northwest Tennessee Economic Development Council Profit Sharing Plan · $6M · 261 · 45th

  • NET $6M
  • NET 261
  • NET 45th
  • NET Profit Sharing
  • NET near Central Stone Retirement Savings Plan
  • NET ind #1072

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 Educational Services retirement plans → · Plans in Tennessee →

Northwest Tennessee Economic Development Council Profit Sharing Plan in the asset neighbourhood

Northwest Tennessee Economic Development Council Profit Sharing PlanNorthwest Tennessee Economic…$6MCentral Stone Retirement Savings PlanCentral Stone Retirement Sav…$6MMajor Properties, Inc. Profit Sharing PlanMajor Properties, Inc. Profi…$6MCenter for Colon & Rectal Health, Inc. Retirement PlanCenter for Colon & Rectal He…$6MSeven Acres Jewish Senior Care Services Retirement PlanSeven Acres Jewish Senior Ca…$6M
End-of-year total assets ($M) among Northwest Tennessee Economic Development Council Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Tennessee filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income$195K
Employer EIN620729622
Plan Effective Date1993-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northwest Tennessee Economic Development Council)

Sponsor-wide plan assets over time

All Northwest Tennessee Economic Development Council plans reported in each filing year

Latest sponsor-wide plan assets
$6M 15.308335933639919% vs 2022
2024 filing year
$5M$5.5M$6M$6.5M 202220232024 $5.19M $5.98M ▲ +15.2%
Year Plans Participants Total Assets
2022 1 224 $5M
2023 1 237 $6M
2024 1 261 $6M

Nearby Profit Sharing Plans in Tennessee

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

Northwest Tennessee Economic Development Council Profit Sharing Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -2000200400600 Total assets ($M) Participants Northwest Tennessee Economic Development Council Profit Sharing Plan, Total assets ($M): 5.979067 · Participants: 261Northwest Tennessee Economic Development Council Profit Sharing PlanBallad Health 401(a) Plan, Total assets ($M): 486.286208 · Participants: 4963Ballad Health 401(a) PlanShreveport Electrical Industry Profit Sharing Plan, Total assets ($M): 95.199644 · Participants: 527Shreveport Electrical Industry Profit Sharing PlanNew Orleans Electrical Annuity Plan, Total assets ($M): 88.353304 · Participants: 1393New Orleans Electrical Annuity PlanUlps Employee Savings Plan, Total assets ($M): 78.101983 · Participants: 236Ulps Employee Savings PlanThompson Machinery Commerce Corp Profit Sharing Plan, Total assets ($M): 57.665281 · Participants: 944Thompson Machinery Commerce Corp Profit Sharing Plan
Northwest Tennessee Economic Development Council Profit Sharing Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants

Northwest Tennessee Economic Development Council Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Tennessee, the nearest Profit Sharing by assets is Central Stone Retirement Savings Plan in IA ($6M); by covered participants it is The Village at Incarnate Word 403(b) Plan in TX (261 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (261 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 Northwest Tennessee Economic Development Council Profit Sharing Plan assets move in 2024?
Northwest Tennessee Economic Development Council Profit Sharing Plan edged up modestly - up 3.5% during 2024, from $6M to $6M. Reported net income was $195K.
How have Northwest Tennessee Economic Development Council plan assets changed over time?
Across 3 plan years on file (2022-2024), Northwest Tennessee Economic Development Council's sponsor-wide assets grew 15.3%, from $5M to $6M.
Which Profit Sharing plans are similar in size to Northwest Tennessee Economic Development Council Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Central Stone Retirement Savings Plan in IA ($6M, 66 participants).
Which Profit Sharing plans cover a similar participant headcount to Northwest Tennessee Economic Development Council Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is The Village at Incarnate Word 403(b) Plan in TX (261 participants, $5M in assets).