Profit Sharing · DOL Form 5500 · 2023
Main Industries, Inc. Profit Sharing Plan
Data updated 2026-08-25
- $514K
- Total assets Small plan by assets
- 119
- Participants Small participant base
- 18th
- Percentile by assets National rank
- $4,316
- Avg per participant Low balance/head
Official DOL plan name: Main Industries, Inc. Employee Stock Ownership Plan · Sponsored by Main Industries, Inc. · Virginia · Manufacturing
$514K in assets, 119 participants
Main Industries, Inc.'s Main Industries, Inc. Employee Stock Ownership Plan reported $514K in total assets and 119 participants in its 2023 DOL Form 5500 filing, ranking in the 18th 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.
- #1,377 in Manufacturing (18,722 peers)
Coverage in Virginia
Main Industries, Inc. Employee Stock Ownership Plan covers 119 participants in Virginia, about 15% of the average Virginia filer (state average ~782 per filing). Assets: $514K.
- #1,377
- in Manufacturing (18,722 peers)
- -23.9%
- assets change YoY
The plan reported a net loss of $62K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Main Industries, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets
Main Industries, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$513,633 18th percentile higher than 18% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Main Industries, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Main Industries, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (119 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Main Industries, Inc. Employee Stock Ownership Plan reported net income rose from -$4M in the plan year 2022 filing to -$62K in the plan year 2023 filing.
- Main Industries, Inc. Employee Stock Ownership Plan end-of-year assets fell from $675K in the plan year 2022 filing to $514K in the plan year 2023 filing.
- Main Industries, Inc. Employee Stock Ownership Plan reported participants fell from 143 in the plan year 2022 filing to 119 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 541025581 · Main Industries, Inc. PY 2023 · Profit Sharing
Main Industries, Inc. Employee Stock Ownership Plan · $514K · 119 · 18th
- 5500 $514K
- ASSETS 119
- PCT 18th
- EIN Profit Sharing
- RANK near Lil Strawbaby Inc. Retirement Plan
- PHOTO ind #1377
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 Manufacturing retirement plans → · Plans in Virginia →
Main Industries, Inc. Employee Stock Ownership Plan in the asset neighbourhood
Virginia filing particulars
| Total Assets (Beginning of Year) | $675K |
|---|---|
| Net Assets (End of Year) | $12K |
| Net Income | -$62K |
| Employer EIN | 541025581 |
| Plan Effective Date | 2007-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Main Industries, Inc.)
Sponsor-wide plan assets over time
All Main Industries, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $494K 96.38307353058792% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 299 | $14M |
| 2023 | 1 | 119 | $514K |
| 2024 | 1 | 108 | $494K |
Nearby Profit Sharing Plans in Virginia
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia $1.1B · 5,192
- Carpenter Co. Profit-Sharing Plan $299M · 2,085
- American Institutes for Research Tax Deferred Annuity Plan $277M · 1,521
- Analytic Services Inc. Defined Contribution Retirement Plan $205M · 584
- Associated Universities Inc. Retirement Plan $193M · 541
Main Industries, Inc. Employee Stock Ownership Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Virginia, the nearest Profit Sharing by assets is Lil Strawbaby Inc. Retirement Plan in TX ($514K); by covered participants it is 403(b) Thrift Plan for Rcap Solutions, Inc. in MA (119 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($514K here).
- Lil Strawbaby Inc. Retirement Plan (TX) $514K · 14
- Milton Ventures, Inc. Retirement Plan (AZ) $513K · 4
- Wellsphere Group, Inc. Profit Sharing Plan (CA) $514K · 1
- Courtney Ray Mittelmark Apc Profit Sharing Plan (CA) $513K · 14
Similar participant headcount
Nearest other-state filings by covered participants (119 participants); asset peers above are excluded.
- 403(b) Thrift Plan for Rcap Solutions, Inc. (MA) 119 · 0 off
- B Lab 403b Retirement Plan (PA) 119 · 0 off
- Stonemor Gp LLC 1165e Retirement Plan (FL) 119 · 0 off
- 401(a) Profit-Sharing Plan for Employees of Palladia, Inc. (NY) 119 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.