401(k) · DOL Form 5500 · 2022

Shermco Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$54M
Total assets Below avg plan size
899
Participants Near avg headcount
89th
Percentile by assets National rank
$60,250
Avg per participant Low balance/head
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Official DOL plan name: Shermco Industries, Inc. 401(k) Plan · Sponsored by Shermco Industries, Inc. · Texas · Other Services

$54M in assets, 899 participants

Shermco Industries, Inc.'s Shermco Industries, Inc. 401(k) Plan reported $54M in total assets and 899 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,996 in Other Services (8,398 peers)

Where Shermco Industries, Inc. 401(k) Plan sits by assets

Shermco Industries, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $54M for 899 participants (~$60,250/participant), down 9.8% in 2022.

#7,996
in Other Services (8,398 peers)
-9.8%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Shermco Industries, Inc. 401(k) Plan's outsized position by total assets

Shermco Industries, Inc. 401(k) Plan vs every filed plan by assets

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

$54,165,158 Top 11% higher than 89% 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

Shermco Industries, Inc. 401(k) 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. Shermco Industries, Inc. 401(k) Plan sits mid-pack in the medium band (899 participants).

Form 5500 schedule snapshot

Filing strip 751441394 · Shermco Industries, Inc. PY 2022 · 401(k)

Shermco Industries, Inc. 401(k) Plan · $54M · 899 · 89th

  • RANK $54M
  • RANK 899
  • RANK 89th
  • RANK 401(k)
  • RANK near Childress Klein Properties, Inc. 401(k) Plan
  • RANK ind #7996

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 Other Services retirement plans → · Plans in Texas →

Shermco Industries, Inc. 401(k) Plan in the asset neighbourhood

Hogantaylor LLP 401(k) Profit Sharing PlanHogantaylor LLP 401(k) Profi…$54MShermco Industries, Inc. 401(k) PlanShermco Industries, Inc. 401…$54MChildress Klein Properties, Inc. 401(k) PlanChildress Klein Properties, …$54MElevations Credit Union Capital Accumulation PlanElevations Credit Union Capi…$54MStudios Architecture Retirement PlanStudios Architecture Retirem…$54M
End-of-year total assets ($M) among Shermco Industries, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$54M
Net Income-$6M
Employer EIN751441394
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shermco Industries, Inc.)

Sponsor-wide plan assets over time

All Shermco Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$77M 42.5930964698746% vs 2022
2024 filing year
$50M$60M$70M$80M 202220232024 $54.2M $77.2M ▲ +42.6%
Year Plans Participants Total Assets
2022 1 899 $54M
2023 1 962 $70M
2024 1 1,079 $77M

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Shermco Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Shermco Industries, Inc. 401(k) Plan, Total assets ($B): 0.054165158 · Participants: 899Shermco Industries, Inc. 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 37.578871 · Participants: 144503AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.266 · Participants: 23619Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 13.794958016 · Participants: 38538Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 12.806443202 · Participants: 85577American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 11.969059 · Participants: 47532Dell Inc. 401(k) Plan
Shermco Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Shermco Industries, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Childress Klein Properties, Inc. 401(k) Plan in NC ($54M); by covered participants it is 14 W Administrative Services, LLC. 401(k) Savings & Retirement Plan in MD (899 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (899 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 Shermco Industries, Inc. 401(k) Plan assets move in 2022?
Shermco Industries, Inc. 401(k) Plan pulled back noticeably - down 9.8% during 2022, from $60M to $54M. Reported net income was -$6M.
How have Shermco Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Shermco Industries, Inc.'s sponsor-wide assets grew 42.6%, from $54M to $77M.
Where does Shermco Industries, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Shermco Industries, Inc. 401(k) Plan ranks in the 89th 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 401(k) plans are similar in size to Shermco Industries, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Childress Klein Properties, Inc. 401(k) Plan in NC ($54M, 234 participants).
Which 401(k) plans cover a similar participant headcount to Shermco Industries, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is 14 W Administrative Services, LLC. 401(k) Savings & Retirement Plan in MD (899 participants, $82M in assets).