Profit Sharing · DOL Form 5500 · 2024

Concepts of Independence, Inc. Profit Sharing Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
157
Participants Small participant base
38th
Percentile by assets National rank
$25,470
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Concepts of Independence, Inc. Staff Profit Sharing Plan · Sponsored by Concepts of Independence, Inc. · New Mexico · Healthcare & Social Assistance

$4M in assets, 157 participants

Concepts of Independence, Inc.'s Concepts of Independence, Inc. Staff Profit Sharing Plan reported $4M in total assets and 157 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.

  • #6,751 in Healthcare & Social Assistance (16,916 peers)

Coverage in New Mexico

Concepts of Independence, Inc. Staff Profit Sharing Plan covers 157 participants in New Mexico, about 43% of the average New Mexico filer (state average ~365 per filing). Assets: $4M.

#6,751
in Healthcare & Social Assistance (16,916 peers)
+13.8%
assets growth YoY

Concepts of Independence, Inc. Staff Profit Sharing Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Concepts of Independence, Inc. Staff Profit Sharing Plan vs every filed plan by assets

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

$3,998,731 38th percentile higher than 38% 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

Concepts of Independence, Inc. Staff 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. Concepts of Independence, Inc. Staff Profit Sharing Plan sits mid-pack in the medium band (157 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Concepts of Independence, Inc. Staff Profit Sharing Plan reported participants rose from 135 in the plan year 2023 filing to 157 in the plan year 2024 filing.
  • Concepts of Independence, Inc. Staff Profit Sharing Plan end-of-year assets rose from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Concepts of Independence, Inc. Staff Profit Sharing Plan reported net income fell from $559K in the plan year 2023 filing to $486K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 510239824 · Concepts of Independence, Inc. PY 2024 · Profit Sharing

Concepts of Independence, Inc. Staff Profit Sharing Plan · $4M · 157 · 38th

  • PCT $4M
  • PCT 157
  • PCT 38th
  • PCT Profit Sharing
  • PCT near Judith Beckman Defined Contribution Plan
  • PCT ind #6751

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 Healthcare & Social Assistance retirement plans → · Plans in New Mexico →

Concepts of Independence, Inc. Staff Profit Sharing Plan in the asset neighbourhood

Concepts of Independence, Inc. Staff Profit Sharing PlanConcepts of Independence, In…$4MJudith Beckman Defined Contribution PlanJudith Beckman Defined Contr…$4MT.V. Venkataraman Profit Sharing PlanT.V. Venkataraman Profit Sha…$4MLookout Equities Inc. Retirement PlanLookout Equities Inc. Retire…$4MLightning Inc. Retirement PlanLightning Inc. Retirement Pl…$4M
End-of-year total assets ($M) among Concepts of Independence, Inc. Staff Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

New Mexico filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income$486K
Employer EIN510239824
Plan Effective Date1994-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Concepts of Independence, Inc.)

Sponsor-wide plan assets over time

All Concepts of Independence, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$23M 51.17161219402985% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $15.4M $23.3M ▲ +51.2%
Year Plans Participants Total Assets
2022 3 2,696 $15M
2023 4 2,714 $22M
2024 3 4,925 $23M

Nearby Profit Sharing Plans in New Mexico

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

Concepts of Independence, Inc. Staff Profit Sharing Plan vs. nearby Profit Sharing plans in New Mexico, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -2000200400600 Total assets ($M) Participants Concepts of Independence, Inc. Staff Profit Sharing Plan, Total assets ($M): 3.998731 · Participants: 157Concepts of Independence, Inc. Staff Profit Sharing PlanPresbyterian Healthcare Services 401(a) Plan, Total assets ($M): 531.34969 · Participants: 11854Presbyterian Healthcare Services 401(a) PlanPresbyterian Medical Services Discretionary Contribution Plan, Total assets ($M): 37.986829 · Participants: 996Presbyterian Medical Services Discretionary Contribution PlanSanta Fe Preparatory School DC Retirement Plan, Total assets ($M): 17.649427 · Participants: 129Santa Fe Preparatory School DC Retirement PlanMedinatura, Inc. Retirement Plan, Total assets ($M): 14.612351 · Participants: 31Medinatura, Inc. Retirement PlanT & R Market Profit Sharing Plan, Total assets ($M): 13.430909 · Participants: 91T & R Market Profit Sharing Plan
Concepts of Independence, Inc. Staff Profit Sharing Plan vs. nearby Profit Sharing plans in New Mexico, assets vs. participants
Compare Concepts of Independence, Inc. Staff Profit Sharing Plan side-by-side with 3 peers →

Concepts of Independence, Inc. Staff Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New Mexico, the nearest Profit Sharing by assets is Judith Beckman Defined Contribution Plan in NY ($4M); by covered participants it is First Palmetto Bank Retirement Plan in SC (157 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Similar participant headcount

Nearest other-state filings by covered participants (157 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 Concepts of Independence, Inc. Staff Profit Sharing Plan assets move in 2024? ▼
Concepts of Independence, Inc. Staff Profit Sharing Plan grew at a solid clip - up 13.8% during 2024, from $4M to $4M. Reported net income was $486K.
How have Concepts of Independence, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Concepts of Independence, Inc.'s sponsor-wide assets grew 51.2%, from $15M to $23M.
Which Profit Sharing plans are similar in size to Concepts of Independence, Inc. Staff Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Judith Beckman Defined Contribution Plan in NY ($4M, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Concepts of Independence, Inc. Staff Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is First Palmetto Bank Retirement Plan in SC (157 participants, $15M 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 510239824.

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.