Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Insteel Industries, Inc Retirement Savings Plan

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

Sponsored by Insteel Industries, Inc · North Carolina · Manufacturing

What the 2023 filing shows

Insteel Industries, Inc Retirement Savings Plan holds $57M for 863 participants — about $66,175 per participant, up 12.6% over the 2022 plan year.

$57M
total plan assets (2022 EOY)
863
covered participants
$66,175
avg assets per participant
+12.6%
assets growth YoY
Total Assets (2023)
$57M
Participants
863
Industry
Manufacturing

What the Filing Says About Insteel Industries, Inc Retirement Savings Plan

Insteel Industries, Inc Retirement Savings Plan is a Profit Sharing retirement plan sponsored by Insteel Industries, Inc, headquartered in North Carolina. As of the 2022 Form 5500 filing, the plan reports $57M in total end-of-year assets and covers 863 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 560674867, and the plan has been effective since 1988-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $51M at the beginning of 2022 to $57M at year-end — a gain of 12.6%. Net assets (after liabilities) closed the year at $57M, with reported net income of $6M 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 1 prior plan-year filing 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)$51M
Total Assets (End of Year)$57M
Net Assets (End of Year)$57M
Net Income$6M
Plan TypeProfit Sharing
Employer EIN560674867
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Insteel Industries, Inc)

Year Plans Participants Total Assets
2022 1 863 $57M
2023 1 830 $68M

Nearby Profit Sharing Plans in North Carolina

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

Frequently Asked Questions

How much money is in the Insteel Industries, Inc Retirement Savings Plan?
As of the 2022 Form 5500 filing, Insteel Industries, Inc Retirement Savings Plan holds $57M in total assets with 863 participants. It is sponsored by Insteel Industries, Inc.
What type of plan is Insteel Industries, Inc Retirement Savings Plan?
Insteel Industries, Inc Retirement Savings Plan is a Profit Sharing plan. It has been effective since 1988-01-01. The plan is filed with the U.S. Department of Labor under EIN 560674867.
Who sponsors the Insteel Industries, Inc Retirement Savings Plan?
Insteel Industries, Inc Retirement Savings Plan is sponsored by Insteel Industries, Inc, located in North Carolina. The sponsor's EIN is 560674867 and the plan operates in the Manufacturing industry.
How did Insteel Industries, Inc Retirement Savings Plan perform in 2022?
Insteel Industries, Inc Retirement Savings Plan grew by 12.6% during 2022, moving from $51M to $57M in total assets. Net income was $6M.
Where can I find official filings for Insteel Industries, Inc Retirement Savings Plan?
Official Form 5500 filings for Insteel Industries, Inc Retirement Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 560674867 or plan name at efast.dol.gov.
How does Insteel Industries, Inc Retirement Savings Plan compare to other plans?
You can compare Insteel Industries, Inc Retirement Savings Plan against other Profit Sharing plans on the plan type page, or view plans in North Carolina 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 560674867.

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.