Profit Sharing · DOL Form 5500 · 2024
Sohn Linen Service Profit Sharing Plan
Data updated 2026-08-25
- $10M
- Total assets Small plan by assets
- 167
- Participants Small participant base
- 56th
- Percentile by assets National rank
- $61,119
- Avg per participant Low balance/head
Official DOL plan name: Sohn Linen Service Employees Profit Sharing Plan · Sponsored by Sohn Linen Service · Michigan · Other Services
$10M in assets, 167 participants
Sohn Linen Service's Sohn Linen Service Employees Profit Sharing Plan reported $10M in total assets and 167 participants in its 2024 DOL Form 5500 filing, ranking in the 56th 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.
- #5,771 in Other Services (7,719 peers)
Coverage in Michigan
Sohn Linen Service Employees Profit Sharing Plan covers 167 participants in Michigan, about 26% of the average Michigan filer (state average ~638 per filing). Assets: $10M.
- #5,771
- in Other Services (7,719 peers)
- -4.0%
- assets change YoY
The plan reported a net loss of $426K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Sohn Linen Service Employees Profit Sharing Plan's mid-pack asset rank among Other Services and all filers
Sohn Linen Service Employees Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$10,206,863 Top 44% higher than 56% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Sohn Linen Service Employees 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. Sohn Linen Service Employees Profit Sharing Plan sits mid-pack in the medium band (167 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sohn Linen Service Employees Profit Sharing Plan reported net income fell from $2M in the plan year 2023 filing to -$426K in the plan year 2024 filing.
- Sohn Linen Service Employees Profit Sharing Plan end-of-year assets fell from $11M in the plan year 2023 filing to $10M in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 381050750 · Sohn Linen Service PY 2024 · Profit Sharing
Sohn Linen Service Employees Profit Sharing Plan · $10M · 167 · 56th
- IND $10M
- IND 167
- IND 56th
- IND Profit Sharing
- IND near Murco Wall Products, Inc. Employees Profit Sharing Plan
- IND ind #5771
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 Other Services retirement plans → · Plans in Michigan →
Sohn Linen Service Employees Profit Sharing Plan in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $11M |
|---|---|
| Net Assets (End of Year) | $10M |
| Net Income | -$426K |
| Employer EIN | 381050750 |
| Plan Effective Date | 1966-09-30 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sohn Linen Service)
Sponsor-wide plan assets over time
All Sohn Linen Service plans reported in each filing year
- Latest sponsor-wide plan assets
- $10M 18.281416438683813% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 193 | $9M |
| 2023 | 1 | 166 | $11M |
| 2024 | 1 | 167 | $10M |
Nearby Profit Sharing Plans in Michigan
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Henry Ford Health System Retirement Savings Plan $1.8B · 13,461
- Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan $340M · 1,472
- Iron Workers Defined Contribution Pension Fund Plan $232M · 5,319
- NECA-IBEW Memphis Retirement Plan $230M · 2,755
- Plumbers and Pipefitters Local Union 520 Annuity Plan $220M · 1,639
Sohn Linen Service Employees Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Michigan, the nearest Profit Sharing by assets is Murco Wall Products, Inc. Employees Profit Sharing Plan in TX ($10M); by covered participants it is Atd 403(b) Employee Savings Plan in VA (167 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($10M here).
Similar participant headcount
Nearest other-state filings by covered participants (167 participants); asset peers above are excluded.
- Atd 403(b) Employee Savings Plan (VA) 167 · 0 off
- Peabody Essex Museum 401(a) Plan (MA) 167 · 0 off
- Methodist Church Home for the Aged 403(b) Plan (NY) 167 · 0 off
- Hlp B Plan (OH) 167 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.