Profit Sharing · DOL Form 5500 · 2022

Eaton Steel Bar Company Profit Sharing Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
137
Participants Small participant base
80th
Percentile by assets National rank
$175,375
Avg per participant Above avg balance/head
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Official DOL plan name: Goodman Companies Retirement Profit Sharing Plan · Sponsored by Eaton Steel Bar Company · Michigan · Manufacturing

$24M in assets, 137 participants

Eaton Steel Bar Company's Goodman Companies Retirement Profit Sharing Plan reported $24M in total assets and 137 participants in its 2022 DOL Form 5500 filing, ranking in the 80th 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.

  • #14,759 in Manufacturing (20,602 peers)

Coverage in Michigan

Goodman Companies Retirement Profit Sharing Plan covers 137 participants in Michigan, about 21% of the average Michigan filer (state average ~638 per filing). Assets: $24M.

#14,759
in Manufacturing (20,602 peers)
-21.9%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Goodman Companies Retirement Profit Sharing Plan's outsized position by total assets

Goodman Companies Retirement Profit Sharing Plan vs every filed plan by assets

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

$24,026,319 Top 20% higher than 80% 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

Goodman Companies Retirement Profit Sharing 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. Goodman Companies Retirement Profit Sharing Plan sits mid-pack in the medium band (137 participants).

Form 5500 schedule snapshot

Filing strip 383274875 · Eaton Steel Bar Company PY 2022 · Profit Sharing

Goodman Companies Retirement Profit Sharing Plan · $24M · 137 · 80th

  • VS-ST $24M
  • BOY 137
  • SCH 80th
  • EBSA Profit Sharing
  • PART near Mohawk Northeast, Inc. Retirement Plan
  • TYPE ind #14759

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 Manufacturing retirement plans → · Plans in Michigan →

Goodman Companies Retirement Profit Sharing Plan in the asset neighbourhood

Employers and Laborers Local 100 & 397 Supplemental Annuity PlanEmployers and Laborers Local…$24MUniversity at Buffalo Surgeons, Inc. Retirement PlanUniversity at Buffalo Surgeo…$24MMohawk Northeast, Inc. Retirement PlanMohawk Northeast, Inc. Retir…$24MGoodman Companies Retirement Profit Sharing PlanGoodman Companies Retirement…$24MChenega Corporation Fringe Retirement PlanChenega Corporation Fringe R…$24M
End-of-year total assets ($M) among Goodman Companies Retirement Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$24M
Net Income-$7M
Employer EIN383274875
Plan Effective Date1997-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Eaton Steel Bar Company)

Sponsor-wide plan assets over time

All Eaton Steel Bar Company plans reported in each filing year

Latest sponsor-wide plan assets
$28M 18.03953406262524% vs 2022
2024 filing year
$22M$24M$26M$28M$30M 202220232024 $24M $28.4M ▲ +18.0%
Year Plans Participants Total Assets
2022 1 137 $24M
2023 1 135 $25M
2024 1 139 $28M

Nearby Profit Sharing Plans in Michigan

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

Goodman Companies Retirement Profit Sharing Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.52 Total assets ($B) Participants Goodman Companies Retirement Profit Sharing Plan, Total assets ($B): 0.024026319 · Participants: 137Goodman Companies Retirement Profit Sharing PlanHenry Ford Health System Retirement Savings Plan, Total assets ($B): 1.562673044 · Participants: 15480Henry Ford Health System Retirement Savings PlanConstruction Industry Retirement Fund of Rockford, Total assets ($B): 0.474769731 · Participants: 10395Construction Industry Retirement Fund of RockfordOhio Carpenters' Annuity Plan, Total assets ($B): 0.370960232 · Participants: 8330Ohio Carpenters' Annuity PlanIBEW Local 150 Supplemental Pension Fund, Total assets ($B): 0.247597207 · Participants: 1286IBEW Local 150 Supplemental Pension FundHemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan, Total assets ($B): 0.233598708 · Participants: 687Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan
Goodman Companies Retirement Profit Sharing Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Goodman Companies Retirement Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is Mohawk Northeast, Inc. Retirement Plan in CT ($24M); by covered participants it is Delong's, Inc. Profit Sharing Plan in MO (137 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (137 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 Goodman Companies Retirement Profit Sharing Plan assets move in 2022? ▼
Goodman Companies Retirement Profit Sharing Plan declined sharply - down 21.9% during 2022, from $31M to $24M. Reported net income was -$7M.
How have Eaton Steel Bar Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Eaton Steel Bar Company's sponsor-wide assets grew 18.0%, from $24M to $28M.
Where does Goodman Companies Retirement Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Goodman Companies Retirement Profit Sharing Plan ranks in the 80th 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 Goodman Companies Retirement Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Mohawk Northeast, Inc. Retirement Plan in CT ($24M, 202 participants).
Which Profit Sharing plans cover a similar participant headcount to Goodman Companies Retirement Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Delong's, Inc. Profit Sharing Plan in MO (137 participants, $1M in assets).