401(k) · DOL Form 5500 · 2022

Smith Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
267
Participants Below avg headcount
79th
Percentile by assets National rank
$86,114
Avg per participant Below avg balance/head
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Official DOL plan name: Smith Industries, Inc. Profit Sharing Plan · Sponsored by Smith Industries, Inc. · Alabama · Manufacturing

$23M in assets, 267 participants

Smith Industries, Inc.'s Smith Industries, Inc. Profit Sharing Plan reported $23M in total assets and 267 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.

  • #14,580 in Manufacturing (20,602 peers)

Where Smith Industries, Inc. Profit Sharing Plan sits by assets

Smith Industries, Inc. Profit Sharing Plan sits in the top quartile of all filed plans by assets, $23M for 267 participants (~$86,114/participant), down 28.4% in 2022.

#14,580
in Manufacturing (20,602 peers)
-28.4%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

Smith Industries, Inc. Profit Sharing Plan vs every filed plan by assets

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

$22,992,475 Top 21% higher than 79% 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

Smith Industries, Inc. 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. Smith Industries, Inc. Profit Sharing Plan sits mid-pack in the medium band (267 participants).

Plan-year Form 5500 strip

Filing strip 272803061 · Smith Industries, Inc. PY 2022 · 401(k)

Smith Industries, Inc. Profit Sharing Plan · $23M · 267 · 79th

  • IND $23M
  • IND 267
  • IND 79th
  • IND 401(k)
  • IND near Profit Sharing & Savings Plan - I. E. Shaffer & Co.
  • IND ind #14580

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 Alabama →

Smith Industries, Inc. Profit Sharing Plan in the asset neighbourhood

Erdman Company Employees Profit Sharing/401(k) PlanErdman Company Employees Pro…$23MSmith Industries, Inc. Profit Sharing PlanSmith Industries, Inc. Profi…$23MProfit Sharing & Savings Plan - I. E. Shaffer & Co.Profit Sharing & Savings Pla…$23MBlauer Manufacturing Co., Inc. 401(k) Retirement PlanBlauer Manufacturing Co., In…$23MKansas Orthopaedic Center, P.a. 401(k) PlanKansas Orthopaedic Center, P…$23M
End-of-year total assets ($M) among Smith Industries, Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$23M
Net Income-$9M
Employer EIN272803061
Plan Effective Date1957-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Smith Industries, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$28M 22.364925915979033% vs 2022
2024 filing year
$22M$24M$26M$28M$30M 202220232024 $23M $28.1M ▲ +22.4%
Year Plans Participants Total Assets
2022 1 267 $23M
2023 1 291 $26M
2024 1 296 $28M

Nearby 401(k) Plans in Alabama

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

Smith Industries, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Smith Industries, Inc. Profit Sharing Plan, Total assets ($B): 0.022992475 · Participants: 267Smith Industries, Inc. Profit Sharing PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.473693723 · Participants: 20809Regions Financial Corporation 401(k) PlanEncompass Health Corporation Retirement Investment Plan, Total assets ($B): 1.247463658 · Participants: 26602Encompass Health Corporation Retirement Investment PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.211223713 · Participants: 4237Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.148537747 · Participants: 8489Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 0.930385246 · Participants: 4593Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Smith Industries, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Smith Industries, Inc. Profit Sharing Plan side-by-side with 3 peers →

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

Outside Alabama, the nearest 401(k) by assets is Profit Sharing & Savings Plan - I. E. Shaffer & Co. in NJ ($23M); by covered participants it is Amazing Grace Personal Care Services 401(k) Profit Sharing Plan and Trust in NM (267 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (267 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 Smith Industries, Inc. Profit Sharing Plan assets move in 2022? ▼
Smith Industries, Inc. Profit Sharing Plan declined sharply - down 28.4% during 2022, from $32M to $23M. Reported net income was -$9M.
How have Smith Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Smith Industries, Inc.'s sponsor-wide assets grew 22.4%, from $23M to $28M.
Where does Smith Industries, Inc. Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Smith Industries, Inc. Profit Sharing Plan ranks in the 79th 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 Smith Industries, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Profit Sharing & Savings Plan - I. E. Shaffer & Co. in NJ ($23M, 63 participants).
Which 401(k) plans cover a similar participant headcount to Smith Industries, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Amazing Grace Personal Care Services 401(k) Profit Sharing Plan and Trust in NM (267 participants, $67K in assets).

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 272803061.

Read our methodology - how this data is sourced, computed, and verified.

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