Profit Sharing · DOL Form 5500 · 2022

Quam-Nichols Company Profit Sharing Plan

Data updated 2026-08-11

$10M
Total assets
18
Participants
64th
Percentile by assets
$535,943
Avg per participant
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Official DOL plan name: Quam-Nichols Company Amended & Restated Employees' Profit Sharing Trust · Sponsored by Quam-Nichols Company · Illinois · Manufacturing

$10M in assets, 18 participants

Quam-Nichols Company's Quam-Nichols Company Amended & Restated Employees' Profit Sharing Trust reported $10M in total assets and 18 participants in its 2022 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 139,126 plans)
  • #10,558 in Manufacturing (20,602 peers)

2022 asset change

Quam-Nichols Company Amended & Restated Employees' Profit Sharing Trust declined sharply 21.6% in 2022 ($12M → $10M) for 18 participants.

$10M
total plan assets (2022 EOY)
18
covered participants
64th
percentile by assets (of 139,126 plans)
$535,943
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

2022 asset move for Quam-Nichols Company Amended & Restated Employees' Profit Sharing Trust

Year over year, total assets declined sharply from $12M at the start of 2022 to $10M at year-end (down 21.6%). Net assets closed at $10M; reported net income -$3M.

Quam-Nichols Company years around the 2022 move

$9M$9.5M$10M$10.5M$11M$11.5M 202220232024 $9.65M $10.2M ▲ +5.8%
Total plan assets by year, all Quam-Nichols Company plans on file
Year Plans Participants Total Assets
2022 1 18 $10M
2023 1 18 $11M
2024 1 21 $10M

2022 asset-move particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$10M
Net Income-$3M
Employer EIN361656960
Plan Effective Date1960-04-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Illinois

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Quam-Nichols Company Amended & Restated Employees' Profit Sharing Trust vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Quam-Nichols Company Amended & Restated Employees' Profit Sharing Trust vs. nearby Profit Sharing plans in Illinois, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -101234 Total assets ($B) Participants Quam-Nichols Company…W. W. Grainger, Inc.…Electrical Contracto…Mcmaster-Carr Supply…Mid-America Carpente…Accenture United Sta…
Quam-Nichols Company Amended & Restated Employees' Profit Sharing Trust vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Quam-Nichols Company Amended & Restated Employees' Profit Sharing Trust by total assets, not by location.

Frequently Asked Questions

How did Quam-Nichols Company Amended & Restated Employees' Profit Sharing Trust assets move in 2022?
Quam-Nichols Company Amended & Restated Employees' Profit Sharing Trust declined sharply - down 21.6% during 2022, from $12M to $10M. Reported net income was -$3M.
How have Quam-Nichols Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Quam-Nichols Company's sponsor-wide assets grew 5.9%, from $10M to $10M.
Which Profit Sharing plans are similar in size to Quam-Nichols Company Amended & Restated Employees' Profit Sharing Trust?
Among Profit Sharing plans in other states, the closest by assets is Kanes Furniture, LLC 401(k) Profit Sharing Plan in FL ($10M, 530 participants).

Next read for Quam-Nichols Company Amended & Restated …

2022 change

Ways to act on Quam-Nichols Company Amended & Restated Employees' Profit Sharing Trust's numbers.

  • By total assets, Quam-Nichols Company Amended & Restated Employees' Profit Sharing Trust ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Illinois. Compare plans
  • Quam-Nichols Company's sponsor-wide assets have grown 5.9% since 2022 across 3 plan years on file. More Manufacturing plans