401(k) · DOL Form 5500 · 2023
Louis Shanks of Texas, Inc. 401(k) Plan
Data updated 2026-08-25
- $8M
- Total assets Small plan by assets
- 55
- Participants Small participant base
- 55th
- Percentile by assets National rank
- $151,355
- Avg per participant Above avg balance/head
Official DOL plan name: Louis Shanks of Texas, Inc. 401(k) Profit Sharing Plan · Sponsored by Louis Shanks of Texas, Inc. · Texas · Retail Trade
$8M in assets, 55 participants
Louis Shanks of Texas, Inc.'s Louis Shanks of Texas, Inc. 401(k) Profit Sharing Plan reported $8M in total assets and 55 participants in its 2023 DOL Form 5500 filing, ranking in the 55th 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.
- #5,472 in Retail Trade (8,414 peers)
What the 2023 filing shows
Louis Shanks of Texas, Inc. 401(k) Profit Sharing Plan holds $8M for 55 participants - about $151,355 per participant, above the median plan by assets.
- #5,472
- in Retail Trade (8,414 peers)
- -3.0%
- assets change YoY
The plan reported a net loss of $258K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Louis Shanks of Texas, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Retail Trade and all filers
Louis Shanks of Texas, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$8,324,513 Top 45% higher than 55% 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
Louis Shanks of Texas, Inc. 401(k) 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. Louis Shanks of Texas, Inc. 401(k) Profit Sharing Plan is a small filing (55 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Louis Shanks of Texas, Inc. 401(k) Profit Sharing Plan reported net income rose from -$1M in the plan year 2022 filing to -$258K in the plan year 2023 filing.
- Louis Shanks of Texas, Inc. 401(k) Profit Sharing Plan reported participants fell from 63 in the plan year 2022 filing to 55 in the plan year 2023 filing.
- Louis Shanks of Texas, Inc. 401(k) Profit Sharing Plan end-of-year assets fell from $9M in the plan year 2022 filing to $8M in the plan year 2023 filing.
DOL schedule card
Filing strip 741101150 · Louis Shanks of Texas, Inc. PY 2023 · 401(k)
Louis Shanks of Texas, Inc. 401(k) Profit Sharing Plan · $8M · 55 · 55th
- EBSA $8M
- EBSA 55
- EBSA 55th
- EBSA 401(k)
- EBSA near Ptmw, Inc. 401(k) Retirement Plan
- EBSA ind #5472
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 Retail Trade retirement plans → · Plans in Texas →
Louis Shanks of Texas, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood
Filing particulars (2023)
| Total Assets (Beginning of Year) | $9M |
|---|---|
| Net Assets (End of Year) | $8M |
| Net Income | -$258K |
| Employer EIN | 741101150 |
| Plan Effective Date | 1960-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Louis Shanks of Texas, Inc.)
Sponsor-wide plan assets over time
All Louis Shanks of Texas, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- N/A
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 63 | $9M |
| 2023 | 1 | 55 | $8M |
| 2024 | 1 | 15 | N/A |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- AT&T Retirement Savings Plan $40.0B · 119,854
- Exxonmobil Savings Plan $21.9B · 23,477
- Caterpillar 401(k) Savings Plan $16.5B · 41,679
- American Airlines, Inc. 401(k) Plan $14.7B · 88,792
- Dell Inc. 401(k) Plan $13.5B · 45,686
Louis Shanks of Texas, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount
Outside Texas, the nearest 401(k) by assets is Ptmw, Inc. 401(k) Retirement Plan in KS ($8M); by covered participants it is Verico Technology LLC 401(k) Plan in NH (55 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($8M here).
Similar participant headcount
Nearest other-state filings by covered participants (55 participants); asset peers above are excluded.
- Verico Technology LLC 401(k) Plan (NH) 55 · 0 off
- Michigan City Paper Box Company Profit Sharing & Savings Plan (IN) 55 · 0 off
- Aceco Machine Works, Inc. 401(k) Plan (ID) 55 · 0 off
- Dinse P.C. Retirement Plan (VT) 55 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.