Profit Sharing · DOL Form 5500 · 2023

M R Sheet Metal Mfg Inc Profit Sharing Plan

Data updated 2026-08-11

$38M
Total assets
26
Participants
82nd
Percentile by assets
$1.5M
Avg per participant
PlainRetire home → About this data

Official DOL plan name: M R Sheet Metal Mfg Inc Profit Sharing Plan Trust · Sponsored by M R Sheet Metal Mfg Inc · Arizona · Manufacturing

$38M in assets, 26 participants

M R Sheet Metal Mfg Inc's M R Sheet Metal Mfg Inc Profit Sharing Plan Trust reported $38M in total assets and 26 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

  • 82nd percentile by assets (of 127,072 plans)
  • #14,062 in Manufacturing (18,722 peers)

Where M R Sheet Metal Mfg Inc Profit Sharing Plan Trust sits by assets

M R Sheet Metal Mfg Inc Profit Sharing Plan Trust sits in the top quartile of all filed plans by assets, $38M for 26 participants (~$1.5M/participant), up 49.1% in 2023.

$38M
total plan assets (2023 EOY)
26
covered participants
82nd
percentile by assets (of 127,072 plans)
$1.5M
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • M R Sheet Metal Mfg Inc Profit Sharing Plan Trust reported net income rose from -$15M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • M R Sheet Metal Mfg Inc Profit Sharing Plan Trust end-of-year assets rose from $26M in the plan year 2022 filing to $38M in the plan year 2023 filing.
  • M R Sheet Metal Mfg Inc Profit Sharing Plan Trust reported participants fell from 28 in the plan year 2022 filing to 26 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

M R Sheet Metal Mfg Inc Profit Sharing Plan Trust vs the 2023 asset distribution

By assets, M R Sheet Metal Mfg Inc Profit Sharing Plan Trust outranks 82% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$38M
Net Income$13M
Employer EIN860455679
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (M R Sheet Metal Mfg Inc)

$20M$30M$40M$50M$60M 202220232024 $25.6M $49.2M ▲ +92.1%
Total plan assets by year, all M R Sheet Metal Mfg Inc plans on file
Year Plans Participants Total Assets
2022 1 28 $26M
2023 1 26 $38M
2024 1 25 $49M

Nearby Profit Sharing Plans in Arizona

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

M R Sheet Metal Mfg Inc Profit Sharing Plan Trust vs. nearby Profit Sharing plans in Arizona, assets vs. participants

M R Sheet Metal Mfg Inc Profit Sharing Plan Trust vs. nearby Profit Sharing plans in Arizona, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 2030405060 Total assets ($M) Participants M R Sheet Metal Mfg …Kitchell Affiliates …Food & Beverage Work…Marana Health Center…Center for Biologica…Sobel Medical Consul…
M R Sheet Metal Mfg Inc Profit Sharing Plan Trust vs. nearby Profit Sharing plans in Arizona, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to M R Sheet Metal Mfg Inc Profit Sharing Plan Trust by total assets, not by location.

Frequently Asked Questions

How did M R Sheet Metal Mfg Inc Profit Sharing Plan Trust assets move in 2023?
M R Sheet Metal Mfg Inc Profit Sharing Plan Trust surged - up 49.1% during 2023, from $26M to $38M. Reported net income was $13M.
How have M R Sheet Metal Mfg Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), M R Sheet Metal Mfg Inc's sponsor-wide assets grew 92.1%, from $26M to $49M.
Where does M R Sheet Metal Mfg Inc Profit Sharing Plan Trust rank by assets among Form 5500 filers?
M R Sheet Metal Mfg Inc Profit Sharing Plan Trust ranks in the 82nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to M R Sheet Metal Mfg Inc Profit Sharing Plan Trust?
Among Profit Sharing plans in other states, the closest by assets is Amended & Restated Profit Sharing Plan of Midwest Pms in CO ($38M, 133 participants).

Next read for M R Sheet Metal Mfg Inc Profit Sharing P…

Scale reading

Ways to act on M R Sheet Metal Mfg Inc Profit Sharing Plan Trust's numbers.

  • By total assets, M R Sheet Metal Mfg Inc Profit Sharing Plan Trust ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Arizona. Compare plans
  • M R Sheet Metal Mfg Inc's sponsor-wide assets have grown 92.1% since 2022 across 3 plan years on file. More Manufacturing plans