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
What changed between DOL Form 5500 filings
plan year 2022 → 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.
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)
| 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
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.
Frequently Asked Questions
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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