Profit Sharing · DOL Form 5500 · 2022
J Hansen-Balk Steel Treating Co., Inc Profit Sharing Plan
Data updated 2026-08-11
- $23M
- Total assets
- 42
- Participants
- 79th
- Percentile by assets
- $557,110
- Avg per participant
Official DOL plan name: J Hansen-Balk Steel Treating Co. Profit Sharing Plan & Trust · Sponsored by J Hansen-Balk Steel Treating Co., Inc · Michigan · Manufacturing
$23M in assets, 42 participants
J Hansen-Balk Steel Treating Co., Inc's J Hansen-Balk Steel Treating Co. Profit Sharing Plan & Trust reported $23M in total assets and 42 participants in its 2022 DOL Form 5500 filing, ranking in the 79th 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.
- 79th percentile by assets (of 139,126 plans)
- #14,652 in Manufacturing (20,602 peers)
Where J Hansen-Balk Steel Treating Co. Profit Sharing Plan & Trust sits by assets
J Hansen-Balk Steel Treating Co. Profit Sharing Plan & Trust sits in the top quartile of all filed plans by assets, $23M for 42 participants (~$557,110/participant), down 23.9% in 2022.
- $23M
- total plan assets (2022 EOY)
- 42
- covered participants
- 79th
- percentile by assets (of 139,126 plans)
- $557,110
- avg assets per participant
The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
J Hansen-Balk Steel Treating Co. Profit Sharing Plan & Trust vs the 2022 asset distribution
By assets, J Hansen-Balk Steel Treating Co. Profit Sharing Plan & Trust outranks 79% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.2x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $31M |
|---|---|
| Net Assets (End of Year) | $23M |
| Net Income | -$7M |
| Employer EIN | 382006396 |
| Plan Effective Date | 1976-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (J Hansen-Balk Steel Treating Co., Inc)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 42 | $23M |
| 2023 | 1 | 44 | $25M |
| 2024 | 1 | 43 | $27M |
Nearby Profit Sharing Plans in Michigan
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
J Hansen-Balk Steel Treating Co. Profit Sharing Plan & Trust vs. nearby Profit Sharing plans in Michigan, assets vs. participants
- Henry Ford Health System Retirement Savings Plan $1.6B · 15,480
- Construction Industry Retirement Fund of Rockford $475M · 10,395
- Ohio Carpenters' Annuity Plan $371M · 8,330
- IBEW Local 150 Supplemental Pension Fund $248M · 1,286
- Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan $234M · 687
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to J Hansen-Balk Steel Treating Co. Profit Sharing Plan & Trust by total assets, not by location.
Frequently Asked Questions
How did J Hansen-Balk Steel Treating Co. Profit Sharing Plan & Trust assets move in 2022? ▼
How have J Hansen-Balk Steel Treating Co., Inc plan assets changed over time? ▼
Where does J Hansen-Balk Steel Treating Co. Profit Sharing Plan & Trust rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to J Hansen-Balk Steel Treating Co. Profit Sharing Plan & Trust? ▼
Next read for J Hansen-Balk Steel Treating Co. Profit …
Scale reading
Ways to act on J Hansen-Balk Steel Treating Co. Profit Sharing Plan & Trust's numbers.
- By total assets, J Hansen-Balk Steel Treating Co. Profit Sharing Plan & Trust ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Michigan. Compare plans
- J Hansen-Balk Steel Treating Co., Inc's sponsor-wide assets have grown 16.7% since 2022 across 3 plan years on file. More Manufacturing plans