Profit Sharing · DOL Form 5500 · 2022

Pennsylvania Tool Sales & Services Profit Sharing Plan

Data updated 2026-08-11

$48M
Total assets
155
Participants
88th
Percentile by assets
$309,645
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Pennsylvania Tool Sales & Services Profit Sharing Plan · Sponsored by Pennsylvania Tool Sales & Services · Ohio · Wholesale Trade

$48M in assets, 155 participants

Pennsylvania Tool Sales & Services's Pennsylvania Tool Sales & Services Profit Sharing Plan reported $48M in total assets and 155 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • 88th percentile by assets (of 139,126 plans)
  • #6,075 in Wholesale Trade (6,843 peers)

Coverage in Ohio

Pennsylvania Tool Sales & Services Profit Sharing Plan covers 155 participants in Ohio, about 20% of the average Ohio filer (state average ~765 per filing). Assets: $48M.

$48M
total plan assets (2022 EOY)
155
covered participants
88th
percentile by assets (of 139,126 plans)
$309,645
avg assets per participant

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.

State
Industry

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Pennsylvania Tool Sales & Services Profit Sharing Plan reports 155 participants - about 20% of that state average ($48M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$57M
Net Assets (End of Year)$48M
Net Income-$9M
Employer EIN251356417
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pennsylvania Tool Sales & Services)

$40M$50M$60M$70M$80M$90M 202220232024 $48M $80.3M ▲ +67.2%
Total plan assets by year, all Pennsylvania Tool Sales & Services plans on file
Year Plans Participants Total Assets
2022 1 155 $48M
2023 2 298 $63M
2024 2 289 $80M

Nearby Profit Sharing Plans in Ohio

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

Pennsylvania Tool Sales & Services Profit Sharing Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants

Pennsylvania Tool Sales & Services Profit Sharing Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -0.500.511.5 Total assets ($B) Participants Pennsylvania Tool Sa…Cleveland Clinic Inv…The Employer Retirem…White Castle Profit …Holzer Health System…Southern Ohio Medica…
Pennsylvania Tool Sales & Services Profit Sharing Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Pennsylvania Tool Sales & Services Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Pennsylvania Tool Sales & Services Profit Sharing Plan assets move in 2022?
Pennsylvania Tool Sales & Services Profit Sharing Plan declined sharply - down 16.1% during 2022, from $57M to $48M. Reported net income was -$9M.
How have Pennsylvania Tool Sales & Services plan assets changed over time?
Across 3 plan years on file (2022-2024), Pennsylvania Tool Sales & Services's sponsor-wide assets grew 67.2%, from $48M to $80M.
Where does Pennsylvania Tool Sales & Services Profit Sharing Plan rank by assets among Form 5500 filers?
Pennsylvania Tool Sales & Services Profit Sharing Plan ranks in the 88th 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 Pennsylvania Tool Sales & Services Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Mercy Corps 403(b) Plan in OR ($48M, 440 participants).

Next read for Pennsylvania Tool Sales & Services Profi…

Filing takeaways

Ways to act on Pennsylvania Tool Sales & Services Profit Sharing Plan's numbers.

  • By total assets, Pennsylvania Tool Sales & Services Profit Sharing Plan 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 Ohio. Compare plans
  • Pennsylvania Tool Sales & Services's sponsor-wide assets have grown 67.2% since 2022 across 3 plan years on file. More Wholesale Trade plans