Profit Sharing · DOL Form 5500 · 2022
Henard Metal Fabricators, Inc. Profit Sharing Plan
Data updated 2026-08-11
- $8M
- Total assets
- 23
- Participants
- 61st
- Percentile by assets
- $366,716
- Avg per participant
Official DOL plan name: Henard Metal Fabricators, Inc. Profit Sharing Plan · Sponsored by Henard Metal Fabricators, Inc. · Tennessee · Manufacturing
$8M in assets, 23 participants
Henard Metal Fabricators, Inc.'s Henard Metal Fabricators, Inc. Profit Sharing Plan reported $8M in total assets and 23 participants in its 2022 DOL Form 5500 filing, ranking in the 61st 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.
- 61st percentile by assets (of 139,126 plans)
- #9,833 in Manufacturing (20,602 peers)
What the 2022 filing shows
Henard Metal Fabricators, Inc. Profit Sharing Plan holds $8M for 23 participants - about $366,716 per participant, above the median plan by assets.
- $8M
- total plan assets (2022 EOY)
- 23
- covered participants
- 61st
- percentile by assets (of 139,126 plans)
- $366,716
- avg assets per participant
The plan reported a net loss of $62K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Profit Sharing filing for Henard Metal Fabricators, Inc. Profit Sharing Plan
Profit Sharing filing for plan year 2022: EIN 621082933 ; effective since 1985-04-01 ; filing status FILING RECEIVED. Verify the certified figures on DOL EFAST2.
Filing particulars (2022)
| Total Assets (Beginning of Year) | $8M |
|---|---|
| Net Assets (End of Year) | $8M |
| Net Income | -$62K |
| Employer EIN | 621082933 |
| Plan Effective Date | 1985-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Henard Metal Fabricators, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 23 | $8M |
| 2023 | 1 | 23 | $10M |
| 2024 | 1 | 20 | $9M |
Nearby Profit Sharing Plans in Tennessee
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Henard Metal Fabricators, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants
- Ballad Health 401(a) Plan $463M · 5,937
- Shreveport Electrical Industry Profit Sharing Plan $77M · 740
- New Orleans Electrical Annuity Plan $66M · 1,451
- Ulps Employee Savings Plan $54M · 236
- University School of Nashville Retirement Plan $34M · 209
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Henard Metal Fabricators, Inc. Profit Sharing Plan by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on Henard Metal Fabricators, Inc. Profit Sharing Plan's numbers.
- By total assets, Henard Metal Fabricators, Inc. Profit Sharing Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Tennessee. Compare plans
- Henard Metal Fabricators, Inc.'s sponsor-wide assets have grown 9.9% since 2022 across 3 plan years on file. More Manufacturing plans