Profit Sharing · DOL Form 5500 · 2022

Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust Profit Sharing Plan

Data updated 2026-08-11

$34M
Total assets
3,239
Participants
84th
Percentile by assets
$10,460
Avg per participant
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Official DOL plan name: Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust · Sponsored by Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust · Illinois · Manufacturing

$34M in assets, 3,239 participants

Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust's Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust reported $34M in total assets and 3,239 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.

  • 84th percentile by assets (of 139,126 plans)
  • #15,944 in Manufacturing (20,602 peers)

Coverage in Illinois

Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust covers 3,239 participants in Illinois, 4.2x the typical Illinois plan (state average ~779 per filing). Assets: $34M.

$34M
total plan assets (2022 EOY)
3,239
covered participants
84th
percentile by assets (of 139,126 plans)
$10,460
avg assets per participant

The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust reports 3,239 participants - 4.2x that state average ($34M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$34M
Net Income-$13M
Employer EIN370951425
Plan Effective Date1973-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust)

$10M$20M$30M$40M 202220232024 $34.2M $15.2M ▼ -55.6%
Total plan assets by year, all Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust plans on file
Year Plans Participants Total Assets
2022 2 4,987 $34M
2023 2 5,293 $14M
2024 2 5,480 $15M

Nearby Profit Sharing Plans in Illinois

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

Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust vs. nearby Profit Sharing plans in Illinois, assets vs. participants Scatter plot of 6 data points. 0500010000150002000025000 -101234 Total assets ($B) Participants Gilster-Mary Lee Cor…W. W. Grainger, Inc.…Electrical Contracto…Mcmaster-Carr Supply…Mid-America Carpente…Accenture United Sta…
Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust by total assets, not by location.

Frequently Asked Questions

How did Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust assets move in 2022?
Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust declined sharply - down 27.9% during 2022, from $47M to $34M. Reported net income was -$13M.
How have Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust plan assets changed over time?
Across 3 plan years on file (2022-2024), Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust's sponsor-wide assets declined 55.6%, from $34M to $15M.
Where does Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust rank by assets among Form 5500 filers?
Gilster-Mary Lee Corp Employees Profit Sharing Retirement 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 Profit Sharing plans are similar in size to Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust?
Among Profit Sharing plans in other states, the closest by assets is Rh Capital Associates Profit Sharing Plan in NY ($34M, 4 participants).

Next read for Gilster-Mary Lee Corp Employees Profit S…

Filing takeaways

Ways to act on Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust's numbers.

  • By total assets, Gilster-Mary Lee Corp Employees Profit Sharing Retirement 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 Illinois. Compare plans
  • Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust's sponsor-wide assets have declined 55.6% since 2022 across 3 plan years on file. More Manufacturing plans