Profit Sharing · DOL Form 5500 · 2022

Indel Inc. Profit Sharing Plan

Data updated 2026-08-11

$83M
Total assets
223
Participants
92nd
Percentile by assets
$370,189
Avg per participant
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Official DOL plan name: Indel/Inductotherm Corp. Profit Sharing Plan · Sponsored by Indel Inc. · New Jersey · Management of Enterprises

$83M in assets, 223 participants

Indel Inc.'s Indel/Inductotherm Corp. Profit Sharing Plan reported $83M in total assets and 223 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 139,126 plans)
  • #917 in Management of Enterprises (1,193 peers)

Coverage in New Jersey

Indel/Inductotherm Corp. Profit Sharing Plan covers 223 participants in New Jersey, about 26% of the average New Jersey filer (state average ~844 per filing). Assets: $83M.

$83M
total plan assets (2022 EOY)
223
covered participants
92nd
percentile by assets (of 139,126 plans)
$370,189
avg assets per participant

The plan reported a net loss of $18M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Indel/Inductotherm Corp. Profit Sharing Plan reports 223 participants - about 26% of that state average ($83M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$101M
Net Assets (End of Year)$83M
Net Income-$18M
Employer EIN210677939
Plan Effective Date2014-09-26
Filing StatusFILING RECEIVED

Sponsor Plan History (Indel Inc.)

$80M$85M$90M$95M$100M$105M 202220232024 $82.6M $99.1M ▲ +20.0%
Total plan assets by year, all Indel Inc. plans on file
Year Plans Participants Total Assets
2022 1 223 $83M
2023 1 214 $89M
2024 1 215 $99M

Nearby Profit Sharing Plans in New Jersey

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

Indel/Inductotherm Corp. Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Indel/Inductotherm Corp. Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.522.5 Total assets ($B) Participants Indel/Inductotherm C…Ernst & Young Partne…Princeton University…Operating Engineers …Heavy & General Labo…IBEW Local Union No …
Indel/Inductotherm Corp. Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Indel/Inductotherm Corp. Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Indel/Inductotherm Corp. Profit Sharing Plan assets move in 2022?
Indel/Inductotherm Corp. Profit Sharing Plan declined sharply - down 18.1% during 2022, from $101M to $83M. Reported net income was -$18M.
How have Indel Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Indel Inc.'s sponsor-wide assets grew 20.0%, from $83M to $99M.
Where does Indel/Inductotherm Corp. Profit Sharing Plan rank by assets among Form 5500 filers?
Indel/Inductotherm Corp. Profit Sharing Plan ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Indel/Inductotherm Corp. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Stagehands Local Two Annuity Plan in IL ($82M, 1,079 participants).

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Filing takeaways

Ways to act on Indel/Inductotherm Corp. Profit Sharing Plan's numbers.