401(k)
2022 plan-year 401(k) DOL Form 5500

Shearer Supply, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Shearer Supply, LLC · Texas · Construction

What the 2023 filing shows

Shearer Supply, Inc. 401(k) Plan holds $7M for 206 participants — about $32,603 per participant, down 0.8% over the 2022 plan year.

$7M
total plan assets (2022 EOY)
206
covered participants
$32,603
avg assets per participant
-0.8%
assets change YoY

The plan reported a net loss of $54K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$7M
Participants
206
State
Industry
Construction

What the Filing Says About Shearer Supply, Inc. 401(k) Plan

Shearer Supply, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Shearer Supply, LLC, headquartered in Texas. As of the 2022 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 206 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 752948578, and the plan has been effective since 2017-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $7M at the beginning of 2022 to $7M at year-end — a decline of 0.8%. Net assets (after liabilities) closed the year at $7M, with reported net income of $-53,829 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$7M
Total Assets (End of Year)$7M
Net Assets (End of Year)$7M
Net Income$-53,829
Plan Type401(k)
Employer EIN752948578
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shearer Supply, LLC)

Year Plans Participants Total Assets
2022 1 206 $7M
2023 1 224 $9M
2024 1 366 $15M

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Frequently Asked Questions

How much money is in the Shearer Supply, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Shearer Supply, Inc. 401(k) Plan holds $7M in total assets with 206 participants. It is sponsored by Shearer Supply, LLC.
What type of plan is Shearer Supply, Inc. 401(k) Plan?
Shearer Supply, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2017-01-01. The plan is filed with the U.S. Department of Labor under EIN 752948578.
Who sponsors the Shearer Supply, Inc. 401(k) Plan?
Shearer Supply, Inc. 401(k) Plan is sponsored by Shearer Supply, LLC, located in Texas. The sponsor's EIN is 752948578 and the plan operates in the Construction industry.
How did Shearer Supply, Inc. 401(k) Plan perform in 2022?
Shearer Supply, Inc. 401(k) Plan declined by 0.8% during 2022, moving from $7M to $7M in total assets. Net income was $-53,829.
Where can I find official filings for Shearer Supply, Inc. 401(k) Plan?
Official Form 5500 filings for Shearer Supply, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 752948578 or plan name at efast.dol.gov.
How does Shearer Supply, Inc. 401(k) Plan compare to other plans?
You can compare Shearer Supply, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Texas on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 752948578.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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