401(k) · DOL Form 5500 · 2023

Texas Shafts, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
43
Participants Small participant base
36th
Percentile by assets National rank
$73,137
Avg per participant Below avg balance/head
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Official DOL plan name: Texas Shafts, Inc. Profit Sharing Plan · Sponsored by Texas Shafts, Inc. · Texas · Construction

$3M in assets, 43 participants

Texas Shafts, Inc.'s Texas Shafts, Inc. Profit Sharing Plan reported $3M in total assets and 43 participants in its 2023 DOL Form 5500 filing, ranking in the 36th 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.

  • #3,106 in Construction (9,030 peers)

Texas Shafts, Inc. multi-year trail

Texas Shafts, Inc.'s plans moved +35.3% in assets from 2022 to 2024; this filing shows Texas Shafts, Inc. Profit Sharing Plan at $3M / 43 participants.

#3,106
in Construction (9,030 peers)
+31.9%
assets growth YoY

Texas Shafts, Inc. Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Texas Shafts, Inc. Profit Sharing Plan vs every filed plan by assets

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

$3,144,890 36th percentile higher than 36% 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

Texas Shafts, Inc. Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Texas Shafts, Inc. Profit Sharing Plan is a small filing (43 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Texas Shafts, Inc. Profit Sharing Plan reported net income rose from -$306K in the plan year 2022 filing to $761K in the plan year 2023 filing.
  • Texas Shafts, Inc. Profit Sharing Plan end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Texas Shafts, Inc. Profit Sharing Plan reported participants rose from 36 in the plan year 2022 filing to 43 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 742898602 · Texas Shafts, Inc. PY 2023 · 401(k)

Texas Shafts, Inc. Profit Sharing Plan · $3M · 43 · 36th

  • VS-ST $3M
  • VS-ST 43
  • VS-ST 36th
  • VS-ST 401(k)
  • VS-ST near W. Perednia, P.S., Inc. Pension Plan
  • VS-ST ind #3106

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 Construction retirement plans → · Plans in Texas →

Texas Shafts, Inc. Profit Sharing Plan in the asset neighbourhood

Able Composites LLC 401(k) PlanAble Composites LLC 401(k) P…$3MMattspell Motors Inc. Profit Sharing PlanMattspell Motors Inc. Profit…$3MTexas Shafts, Inc. Profit Sharing PlanTexas Shafts, Inc. Profit Sh…$3MW. Perednia, P.S., Inc. Pension PlanW. Perednia, P.S., Inc. Pens…$3MGenpak LLC Hourly Paid Pension PlanGenpak LLC Hourly Paid Pensi…$3M
End-of-year total assets ($M) among Texas Shafts, Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas Shafts, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Texas Shafts, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 35.28612949075294% vs 2022
2024 filing year
$2M$2.5M$3M$3.5M 202220232024 $2.38M $3.22M ▲ +35.3%
Year Plans Participants Total Assets
2022 1 36 $2M
2023 1 43 $3M
2024 1 40 $3M

Texas Shafts, Inc. filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$761K
Employer EIN742898602
Plan Effective Date1987-04-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Texas Shafts, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Texas Shafts, Inc. Profit Sharing Plan, Total assets ($B): 0.00314489 · Participants: 43Texas Shafts, Inc. Profit Sharing PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Texas Shafts, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Texas Shafts, Inc. Profit Sharing Plan side-by-side with 3 peers →

Texas Shafts, Inc. Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is W. Perednia, P.S., Inc. Pension Plan in WA ($3M); by covered participants it is Wasteland, Inc. 401(k) Profit Sharing Plan in CA (43 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Similar participant headcount

Nearest other-state filings by covered participants (43 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 Texas Shafts, Inc. Profit Sharing Plan assets move in 2023? ▼
Texas Shafts, Inc. Profit Sharing Plan surged - up 31.9% during 2023, from $2M to $3M. Reported net income was $761K.
How have Texas Shafts, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Texas Shafts, Inc.'s sponsor-wide assets grew 35.3%, from $2M to $3M.
Which 401(k) plans are similar in size to Texas Shafts, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is W. Perednia, P.S., Inc. Pension Plan in WA ($3M, 7 participants).
Which 401(k) plans cover a similar participant headcount to Texas Shafts, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Wasteland, Inc. 401(k) Profit Sharing Plan in CA (43 participants, $286K 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 742898602.

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.