Profit Sharing · DOL Form 5500 · 2023

Hering Signs Inc. Profit Sharing Plan

Data updated 2026-08-25

$834K
Total assets Small plan by assets
2
Participants Small participant base
22nd
Percentile by assets National rank
$417,063
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hering Signs Inc. Retirement Plan · Sponsored by Hering Signs Inc. · Illinois · Professional & Technical Services

$834K in assets, 2 participants

Hering Signs Inc.'s Hering Signs Inc. Retirement Plan reported $834K in total assets and 2 participants in its 2023 DOL Form 5500 filing, ranking in the 22nd 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.

  • #3,495 in Professional & Technical Services (20,321 peers)

2023 asset change

Hering Signs Inc. Retirement Plan surged 72.1% in 2023 ($485K → $834K) for 2 participants.

#3,495
in Professional & Technical Services (20,321 peers)
+72.1%
assets growth YoY

Hering Signs Inc. Retirement Plan among the smaller filed plans by assets

Hering Signs Inc. Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$834,126 22nd percentile higher than 22% of 127,068 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 2023

Hering Signs Inc. Retirement Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hering Signs Inc. Retirement Plan is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hering Signs Inc. Retirement Plan reported net income rose from $124K in the plan year 2022 filing to $349K in the plan year 2023 filing.
  • Hering Signs Inc. Retirement Plan end-of-year assets rose from $485K in the plan year 2022 filing to $834K in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 852591221 · Hering Signs Inc. PY 2023 · Profit Sharing

Hering Signs Inc. Retirement Plan · $834K · 2 · 22nd

  • ASSETS $834K
  • ASSETS 2
  • ASSETS 22nd
  • ASSETS Profit Sharing
  • ASSETS near Ej2 Solutions, Inc. Profit Sharing Plan
  • ASSETS ind #3495

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 Professional & Technical Services retirement plans → · Plans in Illinois →

Hering Signs Inc. Retirement Plan in the asset neighbourhood

Hering Signs Inc. Retirement PlanHering Signs Inc. Retirement…$834KEj2 Solutions, Inc. Profit Sharing PlanEj2 Solutions, Inc. Profit S…$834KCoventry Manufacturing Co Inc Profit Sharing PlanCoventry Manufacturing Co In…$834KTwo Herons' Farm Inc Retirement PlanTwo Herons' Farm Inc Retirem…$835KC. Bonner Oates, D.D.S. Profit Sharing Plan and TrustC. Bonner Oates, D.D.S. Prof…$834K
End-of-year total assets ($M) among Hering Signs Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Hering Signs Inc. years around the 2023 move

Sponsor-wide plan assets over time

All Hering Signs Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$503K 3.7696103917539387% vs 2022
2024 filing year
$0.4M$0.6M$0.8M$1M 202220232024 $0.48M $0.5M ▲ +4.2%
Year Plans Participants Total Assets
2022 1 2 $485K
2023 1 2 $834K
2024 1 5 $503K

2023 asset-move particulars

Total Assets (Beginning of Year)$485K
Net Assets (End of Year)$834K
Net Income$349K
Employer EIN852591221
Plan Effective Date2020-08-27
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Illinois

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

Hering Signs Inc. Retirement Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -101234 Total assets ($B) Participants Hering Signs Inc. Retirement Plan, Total assets ($B): 0.000834126 · Participants: 2Hering Signs Inc. Retirement PlanW. W. Grainger, Inc. Retirement Savings Plan, Total assets ($B): 3.454274218 · Participants: 18524W. W. Grainger, Inc. Retirement Savings PlanElectrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5, Total assets ($B): 3.245353634 · Participants: 23108Electrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5Mcmaster-Carr Supply Company Profit Sharing Trust, Total assets ($B): 2.733520068 · Participants: 4366Mcmaster-Carr Supply Company Profit Sharing TrustMid-America Carpenters Regional Council Supplemental Retirement Plan, Total assets ($B): 1.788799198 · Participants: 16214Mid-America Carpenters Regional Council Supplemental Retirement PlanCarle Foundation Hospital and Affiliates Matching Tsa Plan, Total assets ($B): 1.173752843 · Participants: 15604Carle Foundation Hospital and Affiliates Matching Tsa Plan
Hering Signs Inc. Retirement Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants
Compare Hering Signs Inc. Retirement Plan side-by-side with 3 peers →

Hering Signs Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Illinois, the nearest Profit Sharing by assets is Ej2 Solutions, Inc. Profit Sharing Plan in KY ($834K); by covered participants it is Kramatron Precision Inc - Profit Sharing Plan in NJ (2 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hering Signs Inc. Retirement Plan assets move in 2023? ▼
Hering Signs Inc. Retirement Plan surged - up 72.1% during 2023, from $485K to $834K. Reported net income was $349K.
How have Hering Signs Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hering Signs Inc.'s sponsor-wide assets grew 3.8%, from $485K to $503K.
Where does Hering Signs Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Hering Signs Inc. Retirement Plan ranks in the 22nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Hering Signs Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Ej2 Solutions, Inc. Profit Sharing Plan in KY ($834K, 16 participants).
Which Profit Sharing plans cover a similar participant headcount to Hering Signs Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Kramatron Precision Inc - Profit Sharing Plan in NJ (2 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 852591221.

Read our methodology - how this data is sourced, computed, and verified.

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