Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Phoenix Fabricators and Erectors, LLC Profit Sharing Plan and Trust

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

Sponsored by Phoenix Fabricators and Erectors, LLC · Indiana · Manufacturing

What the 2023 filing shows

Phoenix Fabricators and Erectors, LLC Profit Sharing Plan and Trust holds $7M for 188 participants — about $36,210 per participant, down 31.0% over the 2022 plan year.

$7M
total plan assets (2022 EOY)
188
covered participants
$36,210
avg assets per participant
-31.0%
assets change YoY

The plan reported a net loss of $3M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$7M
Participants
188
State
Industry
Manufacturing

What the Filing Says About Phoenix Fabricators and Erectors, LLC Profit Sharing Plan and Trust

Phoenix Fabricators and Erectors, LLC Profit Sharing Plan and Trust is a Profit Sharing retirement plan sponsored by Phoenix Fabricators and Erectors, LLC, headquartered in Indiana. As of the 2022 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 188 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 351676662, and the plan has been effective since 1989-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $10M at the beginning of 2022 to $7M at year-end — a decline of 31.0%. Net assets (after liabilities) closed the year at $7M, with reported net income of $-3,054,294 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)$10M
Total Assets (End of Year)$7M
Net Assets (End of Year)$7M
Net Income$-3,054,294
Plan TypeProfit Sharing
Employer EIN351676662
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Phoenix Fabricators and Erectors, LLC)

Year Plans Participants Total Assets
2022 1 188 $7M
2023 1 191 $7M
2024 1 180 $8M

Nearby Profit Sharing Plans in Indiana

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

Frequently Asked Questions

How much money is in the Phoenix Fabricators and Erectors, LLC Profit Sharing Plan and Trust?
As of the 2022 Form 5500 filing, Phoenix Fabricators and Erectors, LLC Profit Sharing Plan and Trust holds $7M in total assets with 188 participants. It is sponsored by Phoenix Fabricators and Erectors, LLC.
What type of plan is Phoenix Fabricators and Erectors, LLC Profit Sharing Plan and Trust?
Phoenix Fabricators and Erectors, LLC Profit Sharing Plan and Trust is a Profit Sharing plan. It has been effective since 1989-01-01. The plan is filed with the U.S. Department of Labor under EIN 351676662.
Who sponsors the Phoenix Fabricators and Erectors, LLC Profit Sharing Plan and Trust?
Phoenix Fabricators and Erectors, LLC Profit Sharing Plan and Trust is sponsored by Phoenix Fabricators and Erectors, LLC, located in Indiana. The sponsor's EIN is 351676662 and the plan operates in the Manufacturing industry.
How did Phoenix Fabricators and Erectors, LLC Profit Sharing Plan and Trust perform in 2022?
Phoenix Fabricators and Erectors, LLC Profit Sharing Plan and Trust declined by 31.0% during 2022, moving from $10M to $7M in total assets. Net income was $-3,054,294.
Where can I find official filings for Phoenix Fabricators and Erectors, LLC Profit Sharing Plan and Trust?
Official Form 5500 filings for Phoenix Fabricators and Erectors, LLC Profit Sharing Plan and Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 351676662 or plan name at efast.dol.gov.
How does Phoenix Fabricators and Erectors, LLC Profit Sharing Plan and Trust compare to other plans?
You can compare Phoenix Fabricators and Erectors, LLC Profit Sharing Plan and Trust against other Profit Sharing plans on the plan type page, or view plans in Indiana on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 351676662.

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 U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.