Profit Sharing · DOL Form 5500 · 2023

Nichols Tillage Tools, Inc. Profit Sharing Plan Profit Sharing Plan

Data updated 2026-08-11

$9M
Total assets: 100
Participants: 57th
Percentile by assets: $93,857
Avg per participant

Official DOL plan name: Nichols Tillage Tools, Inc. Profit Sharing Plan · Sponsored by Nichols Tillage Tools, Inc. Profit Sharing Plan · Colorado · Manufacturing

$9M in assets, 100 participants

Nichols Tillage Tools, Inc. Profit Sharing Plan's Nichols Tillage Tools, Inc. Profit Sharing Plan reported $9M in total assets and 100 participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

57th percentile by assets (of 127,072 plans)
#8,058 in Manufacturing (18,722 peers)

Coverage in Colorado

Nichols Tillage Tools, Inc. Profit Sharing Plan covers 100 participants in Colorado, about 27% of the average Colorado filer (state average ~376 per filing). Assets: $9M.

$9M
total plan assets (2023 EOY): 100
covered participants: 57th
percentile by assets (of 127,072 plans): $93,857
avg assets per participant

Where Nichols Tillage Tools, Inc. Profit Sharing Plan sits by total assets

Nichols Tillage Tools, Inc. Profit Sharing Plan vs every filed plan by assets

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

$9,385,665 Top 43% higher than 57% 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

Nichols Tillage Tools, Inc. Profit Sharing Plan reported net income rose from -$7M in the plan year 2022 filing to $511K in the plan year 2023 filing.
Nichols Tillage Tools, Inc. Profit Sharing Plan reported participants rose from 97 in the plan year 2022 filing to 100 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Colorado

Industry

Manufacturing

Participants vs Colorado filers

In Colorado, the average filing covers about 376 participants across 2,719 plans. Nichols Tillage Tools, Inc. Profit Sharing Plan reports 100 participants - about 27% of that state average ($9M EOY assets).

Colorado filing particulars

Total Assets (Beginning of Year)	$9M
Net Assets (End of Year)	$9M
Net Income	$511K
Employer EIN	840463428
Plan Effective Date	1959-09-30
Filing Status	FILING RECEIVED

Sponsor Plan History (Nichols Tillage Tools, Inc. Profit Sharing Plan)

Total plan assets by year, all Nichols Tillage Tools, Inc. Profit Sharing Plan plans on file

Year	Plans	Participants	Total Assets
2022	1	97	$9M
2023	1	100	$9M

Nearby Profit Sharing Plans in Colorado

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

Nichols Tillage Tools, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Colorado, assets vs. participants

Hensel Phelps Hourly Retirement Plan $59M · 695
Liberty Pr Mobility 401(k) Savings Plans $43M · 1,212
Amended & Restated Profit Sharing Plan of Midwest Pms $38M · 133
Peterson Company Profit-Sharing Plan $18M · 26
Retirement Plan of Public Broadcasting of Colorado, Inc. $16M · 182

Compare Nichols Tillage Tools, Inc. Profit Shari… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Nichols Tillage Tools, Inc. Profit Sharing Plan by total assets, not by location.

Z & M Sheet Metal, Inc. Profit Sharing Plan (VA) $9M · 105
Radiologic Professional Services PA Employees Profit Sharing Plan (KS) $9M · 7
Bridwell Oil Co. Profit Sharing (TX) $9M · 32
The Biplane Company Profit Sharing Plan (CA) $9M · 2

Frequently Asked Questions

How did Nichols Tillage Tools, Inc. Profit Sharing Plan assets move in 2023? ▼

Nichols Tillage Tools, Inc. Profit Sharing Plan held essentially flat - down 0.1% during 2023, from $9M to $9M. Reported net income was $511K.

How have Nichols Tillage Tools, Inc. Profit Sharing Plan plan assets changed over time? ▼

Across 2 plan years on file (2022-2023), Nichols Tillage Tools, Inc. Profit Sharing Plan's sponsor-wide assets declined 0.1%, from $9M to $9M.

Which Profit Sharing plans are similar in size to Nichols Tillage Tools, Inc. Profit Sharing Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is Z & M Sheet Metal, Inc. Profit Sharing Plan in VA ($9M, 105 participants).

Next read for Nichols Tillage Tools, Inc. Profit Shari…

Filing takeaways

Ways to act on Nichols Tillage Tools, Inc. Profit Sharing Plan's numbers.

By total assets, Nichols Tillage Tools, Inc. Profit Sharing Plan ranks above the median plan by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Colorado. Compare plans
Nichols Tillage Tools, Inc. Profit Sharing Plan's sponsor-wide assets have declined 0.1% since 2022 across 2 plan years on file. More Manufacturing plans

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 840463428.