Profit Sharing · DOL Form 5500 · 2024

Ray Palmer Associates, Inc. Profit Sharing Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
12
Participants Small participant base
33rd
Percentile by assets National rank
$231,381
Avg per participant Above avg balance/head
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Official DOL plan name: Ray Palmer Associates, Inc. Profit Sharing Plan · Sponsored by Ray Palmer Associates, Inc. · New Jersey · Real Estate

$3M in assets, 12 participants

Ray Palmer Associates, Inc.'s Ray Palmer Associates, Inc. Profit Sharing Plan reported $3M in total assets and 12 participants in its 2024 DOL Form 5500 filing, ranking in the 33rd 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.

  • #2,423 in Real Estate (4,605 peers)

Real Estate sector rank

Within Real Estate, Ray Palmer Associates, Inc. Profit Sharing Plan ranks #2,423 of 4,605 2024 filers by assets (935% of the sector average)-$3M for 12 participants.

#2,423
in Real Estate (4,605 peers)
+20.5%
assets growth YoY

Ray Palmer Associates, Inc. Profit Sharing Plan among the smaller filed plans by assets

Ray Palmer Associates, Inc. Profit Sharing Plan vs every filed plan by assets

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

$2,776,569 33rd percentile higher than 33% 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

Ray Palmer Associates, Inc. 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. Ray Palmer Associates, Inc. Profit Sharing Plan is a small filing (12 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ray Palmer Associates, Inc. Profit Sharing Plan end-of-year assets rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Ray Palmer Associates, Inc. Profit Sharing Plan reported net income rose from $404K in the plan year 2023 filing to $472K in the plan year 2024 filing.
  • Ray Palmer Associates, Inc. Profit Sharing Plan reported participants rose from 11 in the plan year 2023 filing to 12 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 221670568 · Ray Palmer Associates, Inc. PY 2024 · Profit Sharing

Ray Palmer Associates, Inc. Profit Sharing Plan · $3M · 12 · 33rd

  • BOY $3M
  • SCH 12
  • EBSA 33rd
  • PART Profit Sharing
  • TYPE near Eye Care Center of Lake County, Ltd. Profit Sharing Plan and Trust
  • NET ind #2423

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 New Jersey →

Ray Palmer Associates, Inc. Profit Sharing Plan in the asset neighbourhood

Ray Palmer Associates, Inc. Profit Sharing PlanRay Palmer Associates, Inc. …$3MEye Care Center of Lake County, Ltd. Profit Sharing Plan and TrustEye Care Center of Lake Coun…$3MRoger Blackwelder Self Employed Profit Sharing PlanRoger Blackwelder Self Emplo…$3MJose Roberto Fumero-Perez Retirement PlanJose Roberto Fumero-Perez Re…$3MJeffrey Y Wong Dds Msd Profit Sharing PlanJeffrey Y Wong Dds Msd Profi…$3M
End-of-year total assets ($M) among Ray Palmer Associates, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Real Estate filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$472K
Employer EIN221670568
Plan Effective Date2000-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ray Palmer Associates, Inc.)

Sponsor-wide plan assets over time

All Ray Palmer Associates, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 46.064945599853544% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M 202220232024 $1.9M $2.78M ▲ +46.3%
Year Plans Participants Total Assets
2022 1 11 $2M
2023 1 11 $2M
2024 1 12 $3M

Nearby Profit Sharing Plans in New Jersey

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

Ray Palmer Associates, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -10123 Total assets ($B) Participants Ray Palmer Associates, Inc. Profit Sharing Plan, Total assets ($B): 0.002776569 · Participants: 12Ray Palmer Associates, Inc. Profit Sharing PlanErnst & Young Partnership Retirement (Hr-10) Plan, Total assets ($B): 2.537544692 · Participants: 1666Ernst & Young Partnership Retirement (Hr-10) PlanHeavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan, Total assets ($B): 1.550996804 · Participants: 8865Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity PlanOperating Engineers Local 825 Profit Sharing Fund, Total assets ($B): 1.508059789 · Participants: 10365Operating Engineers Local 825 Profit Sharing FundIBEW Local Union No 102 Surety Plan, Total assets ($B): 0.684866455 · Participants: 2382IBEW Local Union No 102 Surety PlanKpmg Partner Retirement Savings Plan, Total assets ($B): 0.52416742 · Participants: 1704Kpmg Partner Retirement Savings Plan
Ray Palmer Associates, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants
Compare Ray Palmer Associates, Inc. Profit Sharing Plan side-by-side with 3 peers →

Ray Palmer Associates, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New Jersey, the nearest Profit Sharing by assets is Eye Care Center of Lake County, Ltd. Profit Sharing Plan and Trust in IL ($3M); by covered participants it is Hasenfeld-Stein, Inc. Profit Sharing Retirement Plan in NY (12 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (12 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 Ray Palmer Associates, Inc. Profit Sharing Plan assets move in 2024? ▼
Ray Palmer Associates, Inc. Profit Sharing Plan grew sharply - up 20.5% during 2024, from $2M to $3M. Reported net income was $472K.
How have Ray Palmer Associates, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ray Palmer Associates, Inc.'s sponsor-wide assets grew 46.1%, from $2M to $3M.
Which Profit Sharing plans are similar in size to Ray Palmer Associates, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Eye Care Center of Lake County, Ltd. Profit Sharing Plan and Trust in IL ($3M, 8 participants).
Which Profit Sharing plans cover a similar participant headcount to Ray Palmer Associates, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Hasenfeld-Stein, Inc. Profit Sharing Retirement Plan in NY (12 participants, N/A 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 221670568.

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.