401(k) · DOL Form 5500 · 2023

Elray Manufacturing Company 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
43
Participants Small participant base
40th
Percentile by assets National rank
$89,995
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Elray Manufacturing Company Profit Sharing Plan · Sponsored by Elray Manufacturing Company · New Jersey · Manufacturing

$4M in assets, 43 participants

Elray Manufacturing Company's Elray Manufacturing Company Profit Sharing Plan reported $4M in total assets and 43 participants in its 2023 DOL Form 5500 filing, ranking in the 40th 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.

  • #4,290 in Manufacturing (18,722 peers)

2023 asset change

Elray Manufacturing Company Profit Sharing Plan surged 30.8% in 2023 ($3M → $4M) for 43 participants.

#4,290
in Manufacturing (18,722 peers)
+30.8%
assets growth YoY

Elray Manufacturing Company Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Elray Manufacturing Company Profit Sharing Plan vs every filed plan by assets

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

$3,869,797 40th percentile higher than 40% 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

Elray Manufacturing Company 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. Elray Manufacturing Company 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

  • Elray Manufacturing Company Profit Sharing Plan reported net income rose from -$1M in the plan year 2022 filing to $910K in the plan year 2023 filing.
  • Elray Manufacturing Company Profit Sharing Plan end-of-year assets rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Elray Manufacturing Company Profit Sharing Plan reported participants fell from 45 in the plan year 2022 filing to 43 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 210733049 · Elray Manufacturing Company PY 2023 · 401(k)

Elray Manufacturing Company Profit Sharing Plan · $4M · 43 · 40th

  • 5500 $4M
  • 5500 43
  • 5500 40th
  • 5500 401(k)
  • 5500 near Drm, Inc. 401(k) Plan
  • 5500 ind #4290

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 New Jersey →

Elray Manufacturing Company Profit Sharing Plan in the asset neighbourhood

Elray Manufacturing Company Profit Sharing PlanElray Manufacturing Company …$4MDrm, Inc. 401(k) Plan$4MPenn Asian Senior Services 401(k) Profit Sharing Plan and TPenn Asian Senior Services 4…$4MBrookstone Capital Management LLC 401(k) PlanBrookstone Capital Managemen…$4MRoto-Mix, LLC Retirement Plan 2Roto-Mix, LLC Retirement Pla…$4M
End-of-year total assets ($M) among Elray Manufacturing Company Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Elray Manufacturing Company years around the 2023 move

Sponsor-wide plan assets over time

All Elray Manufacturing Company plans reported in each filing year

Latest sponsor-wide plan assets
$3M 5.50726821683215% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M 202220232024 $2.96M $3.12M ▲ +5.4%
Year Plans Participants Total Assets
2022 1 45 $3M
2023 1 43 $4M
2024 1 47 $3M

2023 asset-move particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$910K
Employer EIN210733049
Plan Effective Date1983-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New Jersey

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

Elray Manufacturing Company Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Elray Manufacturing Company Profit Sharing Plan, Total assets ($B): 0.003869797 · Participants: 43Elray Manufacturing Company Profit Sharing PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Elray Manufacturing Company Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Elray Manufacturing Company Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Drm, Inc. 401(k) Plan in NE ($4M); by covered participants it is Texas Shafts, Inc. Profit Sharing Plan in TX (43 participants). Same-state nearby plans are listed separately above.

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 Elray Manufacturing Company Profit Sharing Plan assets move in 2023?
Elray Manufacturing Company Profit Sharing Plan surged - up 30.8% during 2023, from $3M to $4M. Reported net income was $910K.
How have Elray Manufacturing Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Elray Manufacturing Company's sponsor-wide assets grew 5.5%, from $3M to $3M.
Which 401(k) plans are similar in size to Elray Manufacturing Company Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Drm, Inc. 401(k) Plan in NE ($4M, 522 participants).
Which 401(k) plans cover a similar participant headcount to Elray Manufacturing Company Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Texas Shafts, Inc. Profit Sharing Plan in TX (43 participants, $3M in assets).