Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Alabama Specialty Products, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Alabama Specialty Products, Inc. · Alabama · Manufacturing

What the 2023 filing shows

Alabama Specialty Products, Inc. 401(k) Plan holds $1M for 161 participants — about $7,636 per participant, up 0.5% over the 2022 plan year.

$1M
total plan assets (2022 EOY)
161
covered participants
$7,636
avg assets per participant
+0.5%
assets growth YoY
Total Assets (2023)
$1M
Participants
161
State
Industry
Manufacturing

What the Filing Says About Alabama Specialty Products, Inc. 401(k) Plan

Alabama Specialty Products, Inc. 401(k) Plan is a Profit Sharing retirement plan sponsored by Alabama Specialty Products, Inc., headquartered in Alabama. As of the 2022 Form 5500 filing, the plan reports $1M in total end-of-year assets and covers 161 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 630829589, and the plan has been effective since 2017-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $1M at the beginning of 2022 to $1M at year-end — a gain of 0.5%. Net assets (after liabilities) closed the year at $1M, with reported net income of $6K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$1M
Total Assets (End of Year)$1M
Net Assets (End of Year)$1M
Net Income$6K
Plan TypeProfit Sharing
Employer EIN630829589
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Alabama

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

Frequently Asked Questions

How much money is in the Alabama Specialty Products, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Alabama Specialty Products, Inc. 401(k) Plan holds $1M in total assets with 161 participants. It is sponsored by Alabama Specialty Products, Inc..
What type of plan is Alabama Specialty Products, Inc. 401(k) Plan?
Alabama Specialty Products, Inc. 401(k) Plan is a Profit Sharing plan. It has been effective since 2017-01-01. The plan is filed with the U.S. Department of Labor under EIN 630829589.
Who sponsors the Alabama Specialty Products, Inc. 401(k) Plan?
Alabama Specialty Products, Inc. 401(k) Plan is sponsored by Alabama Specialty Products, Inc., located in Alabama. The sponsor's EIN is 630829589 and the plan operates in the Manufacturing industry.
How did Alabama Specialty Products, Inc. 401(k) Plan perform in 2022?
Alabama Specialty Products, Inc. 401(k) Plan grew by 0.5% during 2022, moving from $1M to $1M in total assets. Net income was $6K.
Where can I find official filings for Alabama Specialty Products, Inc. 401(k) Plan?
Official Form 5500 filings for Alabama Specialty Products, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 630829589 or plan name at efast.dol.gov.
How does Alabama Specialty Products, Inc. 401(k) Plan compare to other plans?
You can compare Alabama Specialty Products, Inc. 401(k) Plan against other Profit Sharing plans on the plan type page, or view plans in Alabama on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 630829589.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.