401(k) · DOL Form 5500 · 2022

Desco Corporation 401(k) Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
539
Participants Below avg headcount
84th
Percentile by assets National rank
$60,000
Avg per participant Low balance/head
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Official DOL plan name: Desco Corporation Thrift Plan & Trust · Sponsored by Desco Corporation · Ohio · Manufacturing

$32M in assets, 539 participants

Desco Corporation's Desco Corporation Thrift Plan & Trust reported $32M in total assets and 539 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • #15,798 in Manufacturing (20,602 peers)

Where Desco Corporation Thrift Plan & Trust sits by assets

Desco Corporation Thrift Plan & Trust sits in the top quartile of all filed plans by assets, $32M for 539 participants (~$60,000/participant), down 23.3% in 2022.

#15,798
in Manufacturing (20,602 peers)
-23.3%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Desco Corporation Thrift Plan & Trust's outsized position by total assets

Desco Corporation Thrift Plan & Trust vs every filed plan by assets

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

$32,340,088 Top 16% higher than 84% 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

Desco Corporation Thrift Plan & Trust 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. Desco Corporation Thrift Plan & Trust sits mid-pack in the medium band (539 participants).

Plan-year Form 5500 strip

Filing strip 310869325 · Desco Corporation PY 2022 · 401(k)

Desco Corporation Thrift Plan & Trust · $32M · 539 · 84th

  • BOOK $32M
  • VS-ST 539
  • BOY 84th
  • SCH 401(k)
  • EBSA near Amplifon (USA), Inc. Incentive Savings Plan
  • PART ind #15798

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 Ohio →

Desco Corporation Thrift Plan & Trust in the asset neighbourhood

Desco Corporation Thrift Plan & TrustDesco Corporation Thrift Pla…$32MAmplifon (USA), Inc. Incentive Savings PlanAmplifon (USA), Inc. Incenti…$32MDoxa Insurance Holdings, LLC 401(k) PlanDoxa Insurance Holdings, LLC…$32MPolypeptide Laboratories, Inc. 401(k) Plan and TrustPolypeptide Laboratories, In…$32MAjm Packaging Corporation 401(k) PlanAjm Packaging Corporation 40…$32M
End-of-year total assets ($M) among Desco Corporation Thrift Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$42M
Net Assets (End of Year)$32M
Net Income-$10M
Employer EIN310869325
Plan Effective Date1973-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Desco Corporation)

Sponsor-wide plan assets over time

All Desco Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$38M 17.83668306653958% vs 2022
2024 filing year
$30M$32M$34M$36M$38M$40M 202220232024 $32.3M $38.1M ▲ +17.8%
Year Plans Participants Total Assets
2022 1 539 $32M
2023 1 496 $34M
2024 1 569 $38M

Nearby 401(k) Plans in Ohio

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

Desco Corporation Thrift Plan & Trust vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Desco Corporation Thrift Plan & Trust, Total assets ($B): 0.032340088 · Participants: 539Desco Corporation Thrift Plan & TrustThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
Desco Corporation Thrift Plan & Trust vs. nearby 401(k) plans in Ohio, assets vs. participants

Desco Corporation Thrift Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Amplifon (USA), Inc. Incentive Savings Plan in MN ($32M); by covered participants it is Rukel Management, LLC 401(k) Profit Sharing Plan in IL (539 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (539 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 Desco Corporation Thrift Plan & Trust assets move in 2022?
Desco Corporation Thrift Plan & Trust declined sharply - down 23.3% during 2022, from $42M to $32M. Reported net income was -$10M.
How have Desco Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Desco Corporation's sponsor-wide assets grew 17.8%, from $32M to $38M.
Where does Desco Corporation Thrift Plan & Trust rank by assets among Form 5500 filers?
Desco Corporation Thrift Plan & Trust ranks in the 84th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Desco Corporation Thrift Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Amplifon (USA), Inc. Incentive Savings Plan in MN ($32M, 748 participants).
Which 401(k) plans cover a similar participant headcount to Desco Corporation Thrift Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Rukel Management, LLC 401(k) Profit Sharing Plan in IL (539 participants, $11M in assets).