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

WORTHEN INDUSTRIES, INC. PROFIT SHARING AND SAVINGS PLAN

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

WORTHEN INDUSTRIES, INC.

This 401(k) plan holds $28M in total assets and serves 282 participants as of 2022. It is sponsored by WORTHEN INDUSTRIES, INC. in New Hampshire. The plan reported a net loss of $5M for the year.

Total Assets (2023)
$28M
Participants
282
Industry
Manufacturing

What the Filing Says About WORTHEN INDUSTRIES, INC. PROFIT SHARING AND SAVINGS PLAN

WORTHEN INDUSTRIES, INC. PROFIT SHARING AND SAVINGS PLAN is a 401(k) retirement plan sponsored by WORTHEN INDUSTRIES, INC., headquartered in New Hampshire. As of the 2022 Form 5500 filing, the plan reports $28M in total end-of-year assets and covers 282 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 020505077, and the plan has been effective since 1976-04-25. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $33M at the beginning of 2022 to $28M at year-end — a decline of 15.3%. Net assets (after liabilities) closed the year at $28M, with reported net income of $-5,088,458 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)$33M
Total Assets (End of Year)$28M
Net Assets (End of Year)$28M
Net Income$-5,088,458
Plan Type401(k)
Employer EIN020505077
Plan Effective Date1976-04-25
Filing StatusFILING RECEIVED

Sponsor Plan History (WORTHEN INDUSTRIES, INC.)

Year Plans Participants Total Assets
2022 1 282 $28M
2023 1 310 $32M
2024 1 284 $36M

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Frequently Asked Questions

How much money is in the WORTHEN INDUSTRIES, INC. PROFIT SHARING AND SAVINGS PLAN?
As of the 2022 Form 5500 filing, WORTHEN INDUSTRIES, INC. PROFIT SHARING AND SAVINGS PLAN holds $28M in total assets with 282 participants. It is sponsored by WORTHEN INDUSTRIES, INC..
What type of plan is WORTHEN INDUSTRIES, INC. PROFIT SHARING AND SAVINGS PLAN?
WORTHEN INDUSTRIES, INC. PROFIT SHARING AND SAVINGS PLAN is a 401(k) plan. It has been effective since 1976-04-25. The plan is filed with the U.S. Department of Labor under EIN 020505077.
Who sponsors the WORTHEN INDUSTRIES, INC. PROFIT SHARING AND SAVINGS PLAN?
WORTHEN INDUSTRIES, INC. PROFIT SHARING AND SAVINGS PLAN is sponsored by WORTHEN INDUSTRIES, INC., located in New Hampshire. The sponsor's EIN is 020505077 and the plan operates in the Manufacturing industry.
How did WORTHEN INDUSTRIES, INC. PROFIT SHARING AND SAVINGS PLAN perform in 2022?
WORTHEN INDUSTRIES, INC. PROFIT SHARING AND SAVINGS PLAN declined by 15.3% during 2022, moving from $33M to $28M in total assets. Net income was $-5,088,458.
Where can I find official filings for WORTHEN INDUSTRIES, INC. PROFIT SHARING AND SAVINGS PLAN?
Official Form 5500 filings for WORTHEN INDUSTRIES, INC. PROFIT SHARING AND SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 020505077 or plan name at efast.dol.gov.
How does WORTHEN INDUSTRIES, INC. PROFIT SHARING AND SAVINGS PLAN compare to other plans?
You can compare WORTHEN INDUSTRIES, INC. PROFIT SHARING AND SAVINGS PLAN against other 401(k) plans on the plan type page, or view plans in New Hampshire on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 020505077.

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 official public datasets. See our methodology for details.