401(k) · DOL Form 5500 · 2022

Elgin Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
133
Participants Small participant base
68th
Percentile by assets National rank
$89,658
Avg per participant Below avg balance/head
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Official DOL plan name: Elgin Industries, Inc. Employees' Profit Sharing Plan · Sponsored by Elgin Industries, Inc. · Illinois · Manufacturing

$12M in assets, 133 participants

Elgin Industries, Inc.'s Elgin Industries, Inc. Employees' Profit Sharing Plan reported $12M in total assets and 133 participants in its 2022 DOL Form 5500 filing, ranking in the 68th 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.

  • #11,662 in Manufacturing (20,602 peers)

Coverage in Illinois

Elgin Industries, Inc. Employees' Profit Sharing Plan covers 133 participants in Illinois, about 17% of the average Illinois filer (state average ~779 per filing). Assets: $12M.

#11,662
in Manufacturing (20,602 peers)
-11.9%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Elgin Industries, Inc. Employees' Profit Sharing Plan's outsized position by total assets

Elgin Industries, Inc. Employees' Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$11,924,510 Top 32% higher than 68% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Elgin Industries, Inc. Employees' Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Elgin Industries, Inc. Employees' Profit Sharing Plan sits mid-pack in the medium band (133 participants).

EBSA filing schedule strip

Filing strip 361035810 · Elgin Industries, Inc. PY 2022 · 401(k)

Elgin Industries, Inc. Employees' Profit Sharing Plan · $12M · 133 · 68th

  • 5500 $12M
  • 5500 133
  • 5500 68th
  • 5500 401(k)
  • 5500 near Xl Scientific, LLC. 401(k) Profit Sharing Plan
  • 5500 ind #11662

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 Manufacturing retirement plans → · Plans in Illinois →

Elgin Industries, Inc. Employees' Profit Sharing Plan in the asset neighbourhood

Elgin Industries, Inc. Employees' Profit Sharing PlanElgin Industries, Inc. Emplo…$12MXl Scientific, LLC. 401(k) Profit Sharing PlanXl Scientific, LLC. 401(k) P…$12MChildrens Clinic of Swla Apmc 401(k) Profit Sharing Plan and TrustChildrens Clinic of Swla Apm…$12MSpring Grove Cemetery and Arboretum 401(k) Profit Sharing PlanSpring Grove Cemetery and Ar…$12MAlfmeier, Friedrichs & Rath LLC 401(k) PlanAlfmeier, Friedrichs & Rath …$12M
End-of-year total assets ($M) among Elgin Industries, Inc. Employees' Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$12M
Net Income-$2M
Employer EIN361035810
Plan Effective Date1967-01-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Elgin Industries, Inc.)

Sponsor-wide plan assets over time

All Elgin Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$14M 15.665205530457854% vs 2022
2024 filing year
$11M$12M$13M$14M 202220232024 $11.9M $13.8M ▲ +15.7%
Year Plans Participants Total Assets
2022 1 133 $12M
2023 1 139 $12M
2024 1 136 $14M

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Elgin Industries, Inc. Employees' Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Elgin Industries, Inc. Employees' Profit Sharing Plan, Total assets ($B): 0.01192451 · Participants: 133Elgin Industries, Inc. Employees' Profit Sharing PlanState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
Elgin Industries, Inc. Employees' Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Elgin Industries, Inc. Employees' Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Xl Scientific, LLC. 401(k) Profit Sharing Plan in NM ($12M); by covered participants it is Voyetra Turtle Beach 401(k) Plan in NY (133 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (133 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Elgin Industries, Inc. Employees' Profit Sharing Plan assets move in 2022?
Elgin Industries, Inc. Employees' Profit Sharing Plan pulled back noticeably - down 11.9% during 2022, from $14M to $12M. Reported net income was -$2M.
How have Elgin Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Elgin Industries, Inc.'s sponsor-wide assets grew 15.7%, from $12M to $14M.
Which 401(k) plans are similar in size to Elgin Industries, Inc. Employees' Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Xl Scientific, LLC. 401(k) Profit Sharing Plan in NM ($12M, 115 participants).
Which 401(k) plans cover a similar participant headcount to Elgin Industries, Inc. Employees' Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Voyetra Turtle Beach 401(k) Plan in NY (133 participants, $8M in assets).