Profit Sharing · DOL Form 5500 · 2022
Eaton Steel Bar Company Profit Sharing Plan
Data updated 2026-08-11
- $24M
- Total assets
- 137
- Participants
- 80th
- Percentile by assets
- $175,375
- Avg per participant
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.
- 80th percentile by assets (of 139,126 plans)
- #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.
- $24M
- total plan assets (2022 EOY)
- 137
- covered participants
- 80th
- percentile by assets (of 139,126 plans)
- $175,375
- avg assets per participant
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.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Goodman Companies Retirement Profit Sharing Plan reports 137 participants - about 21% of that state average ($24M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $31M |
|---|---|
| Net Assets (End of Year) | $24M |
| Net Income | -$7M |
| Employer EIN | 383274875 |
| Plan Effective Date | 1997-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Eaton Steel Bar Company)
| 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
- Henry Ford Health System Retirement Savings Plan $1.6B · 15,480
- Construction Industry Retirement Fund of Rockford $475M · 10,395
- Ohio Carpenters' Annuity Plan $371M · 8,330
- IBEW Local 150 Supplemental Pension Fund $248M · 1,286
- Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan $234M · 687
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Goodman Companies Retirement Profit Sharing Plan by total assets, not by location.
Frequently Asked Questions
How did Goodman Companies Retirement Profit Sharing Plan assets move in 2022? ▼
How have Eaton Steel Bar Company plan assets changed over time? ▼
Where does Goodman Companies Retirement Profit Sharing Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Goodman Companies Retirement Profit Sharing Plan's numbers.
- By total assets, Goodman Companies Retirement 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 Michigan. Compare plans
- Eaton Steel Bar Company's sponsor-wide assets have grown 18.0% since 2022 across 3 plan years on file. More Manufacturing plans