Profit Sharing · DOL Form 5500 · 2022

Material Handling Systems, Inc. Profit Sharing Plan

Data updated 2026-08-25

$140M
Total assets Near avg plan size
146
Participants Small participant base
94th
Percentile by assets National rank
$957,278
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Material Handling Systems, Inc. Savings and Investment Plan · Sponsored by Material Handling Systems, Inc. · Kentucky · Professional & Technical Services

$140M in assets, 146 participants

Material Handling Systems, Inc.'s Material Handling Systems, Inc. Savings and Investment Plan reported $140M in total assets and 146 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • #20,577 in Professional & Technical Services (21,562 peers)

Coverage in Kentucky

Material Handling Systems, Inc. Savings and Investment Plan covers 146 participants in Kentucky, about 23% of the average Kentucky filer (state average ~647 per filing). Assets: $140M.

#20,577
in Professional & Technical Services (21,562 peers)
-40.1%
assets change YoY
1.4×
vs typical plan assets (national mean)

The plan reported a net loss of $93M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Material Handling Systems, Inc. Savings and Investment Plan's outsized position by total assets

Material Handling Systems, Inc. Savings and Investment Plan vs every filed plan by assets

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

$139,762,597 Top 6% higher than 94% 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

Material Handling Systems, Inc. Savings and Investment 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. Material Handling Systems, Inc. Savings and Investment Plan sits mid-pack in the medium band (146 participants).

Form 5500 schedule snapshot

Filing strip 271219595 · Material Handling Systems, Inc. PY 2022 · Profit Sharing

Material Handling Systems, Inc. Savings and Investment Plan · $140M · 146 · 94th

  • BOOK $140M
  • BOOK 146
  • BOOK 94th
  • BOOK Profit Sharing
  • BOOK near Strand Associates, Inc. Employees Profit Sharing Trust
  • BOOK ind #20577

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 Professional & Technical Services retirement plans → · Plans in Kentucky →

Material Handling Systems, Inc. Savings and Investment Plan in the asset neighbourhood

Ufcw Retirement and Savings PlanUfcw Retirement and Savings …$142MMaterial Handling Systems, Inc. Savings and Investment PlanMaterial Handling Systems, I…$140MStrand Associates, Inc. Employees Profit Sharing TrustStrand Associates, Inc. Empl…$138MSheet Metal Workers Local Union No 25 New Jersey Annuity FundSheet Metal Workers Local Un…$137MCeramic Tile and Terrazzo Local 67 B.a.C. Annuity Trust FundCeramic Tile and Terrazzo Lo…$137M
End-of-year total assets ($M) among Material Handling Systems, Inc. Savings and Investment Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Kentucky filing particulars

Total Assets (Beginning of Year)$233M
Net Assets (End of Year)$140M
Net Income-$93M
Employer EIN271219595
Plan Effective Date2008-07-03
Filing StatusFILING RECEIVED

Sponsor Plan History (Material Handling Systems, Inc.)

Sponsor-wide plan assets over time

All Material Handling Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2 99.99999856900197% vs 2022
2023 filing year
$0M$50M$100M$150M$200M 20222023 $140M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 146 $140M
2023 1 134 $2

Nearby Profit Sharing Plans in Kentucky

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

Material Handling Systems, Inc. Savings and Investment Plan vs. nearby Profit Sharing plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -0.500.511.522.5 Total assets ($B) Participants Material Handling Systems, Inc. Savings and Investment Plan, Total assets ($B): 0.139762597 · Participants: 146Material Handling Systems, Inc. Savings and Investment PlanCommonspirit Health ERISA 403(b) Plan, Total assets ($B): 2.024256798 · Participants: 31174Commonspirit Health ERISA 403(b) PlanKing's Daughters' Medical Center Base Contribution Plan, Total assets ($B): 0.081517752 · Participants: 2971King's Daughters' Medical Center Base Contribution PlanCommonwealth Health Corporation Retirement Savings Plan, Total assets ($B): 0.067192763 · Participants: 2809Commonwealth Health Corporation Retirement Savings PlanDismas Charities, Inc. Retirement Plan, Total assets ($B): 0.037465388 · Participants: 478Dismas Charities, Inc. Retirement PlanBall Homes, LLC Retirement Plan, Total assets ($B): 0.034806758 · Participants: 224Ball Homes, LLC Retirement Plan
Material Handling Systems, Inc. Savings and Investment Plan vs. nearby Profit Sharing plans in Kentucky, assets vs. participants
Compare Material Handling Systems, Inc. Savings and Investment Plan side-by-side with 3 peers →

Material Handling Systems, Inc. Savings and Investment Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Kentucky, the nearest Profit Sharing by assets is Strand Associates, Inc. Employees Profit Sharing Trust in WI ($138M); by covered participants it is First National Bank of Pulaski Profit Sharing Plan in TN (146 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (146 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 Material Handling Systems, Inc. Savings and Investment Plan assets move in 2022? ▼
Material Handling Systems, Inc. Savings and Investment Plan contracted severely - down 40.1% during 2022, from $233M to $140M. Reported net income was -$93M.
How have Material Handling Systems, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Material Handling Systems, Inc.'s sponsor-wide assets declined 100.0%, from $140M to $2.
Where does Material Handling Systems, Inc. Savings and Investment Plan rank by assets among Form 5500 filers? ▼
Material Handling Systems, Inc. Savings and Investment Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Material Handling Systems, Inc. Savings and Investment Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Strand Associates, Inc. Employees Profit Sharing Trust in WI ($138M, 488 participants).
Which Profit Sharing plans cover a similar participant headcount to Material Handling Systems, Inc. Savings and Investment Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is First National Bank of Pulaski Profit Sharing Plan in TN (146 participants, $31M 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 271219595.

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.