Profit Sharing · DOL Form 5500 · 2023

Henard Metal Fabricators, Inc. Profit Sharing Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
23
Participants Small participant base
58th
Percentile by assets National rank
$420,426
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Henard Metal Fabricators, Inc. Profit Sharing Plan · Sponsored by Henard Metal Fabricators, Inc. · Tennessee · Manufacturing

$10M in assets, 23 participants

Henard Metal Fabricators, Inc.'s Henard Metal Fabricators, Inc. Profit Sharing Plan reported $10M in total assets and 23 participants in its 2023 DOL Form 5500 filing, ranking in the 58th 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.

  • #8,209 in Manufacturing (18,722 peers)

2023 asset change

Henard Metal Fabricators, Inc. Profit Sharing Plan grew at a solid clip 14.6% in 2023 ($8M → $10M) for 23 participants.

#8,209
in Manufacturing (18,722 peers)
+14.6%
assets growth YoY

Henard Metal Fabricators, Inc. Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Henard Metal Fabricators, Inc. Profit Sharing Plan vs every filed plan by assets

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

$9,669,809 Top 42% higher than 58% 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

Henard Metal Fabricators, Inc. 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. Henard Metal Fabricators, Inc. Profit Sharing Plan is a small filing (23 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Henard Metal Fabricators, Inc. Profit Sharing Plan reported net income rose from -$62K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Henard Metal Fabricators, Inc. Profit Sharing Plan end-of-year assets rose from $8M in the plan year 2022 filing to $10M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 621082933 · Henard Metal Fabricators, Inc. PY 2023 · Profit Sharing

Henard Metal Fabricators, Inc. Profit Sharing Plan · $10M · 23 · 58th

  • EOY $10M
  • EOY 23
  • EOY 58th
  • EOY Profit Sharing
  • EOY near Blau Mechanical Employee Profit Sharing Trust
  • EOY ind #8209

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 Tennessee →

Henard Metal Fabricators, Inc. Profit Sharing Plan in the asset neighbourhood

Abarca Health Savings & Retirement Plan & Retirement PlanAbarca Health Savings & Reti…$10MEnergy Salvage, Inc. Profit Sharing Plan and TrustEnergy Salvage, Inc. Profit …$10MHenard Metal Fabricators, Inc. Profit Sharing PlanHenard Metal Fabricators, In…$10MBlau Mechanical Employee Profit Sharing TrustBlau Mechanical Employee Pro…$10MDestileria Serralles Inc Retirement PlanDestileria Serralles Inc Ret…$10M
End-of-year total assets ($M) among Henard Metal Fabricators, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Henard Metal Fabricators, Inc. years around the 2023 move

Sponsor-wide plan assets over time

All Henard Metal Fabricators, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 9.850467243181644% vs 2022
2024 filing year
$8M$8.5M$9M$9.5M$10M 202220232024 $8.43M $9.27M ▲ +10.0%
Year Plans Participants Total Assets
2022 1 23 $8M
2023 1 23 $10M
2024 1 20 $9M

2023 asset-move particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$10M
Net Income$1M
Employer EIN621082933
Plan Effective Date1985-04-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Tennessee

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

Henard Metal Fabricators, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -2000200400600 Total assets ($M) Participants Henard Metal Fabricators, Inc. Profit Sharing Plan, Total assets ($M): 9.669809 · Participants: 23Henard Metal Fabricators, Inc. Profit Sharing PlanBallad Health 401(a) Plan, Total assets ($M): 478.135258 · Participants: 5420Ballad Health 401(a) PlanShreveport Electrical Industry Profit Sharing Plan, Total assets ($M): 87.734816 · Participants: 494Shreveport Electrical Industry Profit Sharing PlanNew Orleans Electrical Annuity Plan, Total assets ($M): 77.298273 · Participants: 1475New Orleans Electrical Annuity PlanUlps Employee Savings Plan, Total assets ($M): 66.606114 · Participants: 237Ulps Employee Savings PlanGerber/Taylor Capital Advisors Profit Sharing Plan, Total assets ($M): 45.840819 · Participants: 40Gerber/Taylor Capital Advisors Profit Sharing Plan
Henard Metal Fabricators, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants
Compare Henard Metal Fabricators, Inc. Profit Sharing Plan side-by-side with 3 peers →

Henard Metal Fabricators, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Tennessee, the nearest Profit Sharing by assets is Blau Mechanical Employee Profit Sharing Trust in KY ($10M); by covered participants it is Norcross Supply Company Profit Sharing Plan in GA (23 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (23 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 Henard Metal Fabricators, Inc. Profit Sharing Plan assets move in 2023? ▼
Henard Metal Fabricators, Inc. Profit Sharing Plan grew at a solid clip - up 14.6% during 2023, from $8M to $10M. Reported net income was $1M.
How have Henard Metal Fabricators, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Henard Metal Fabricators, Inc.'s sponsor-wide assets grew 9.9%, from $8M to $9M.
Which Profit Sharing plans are similar in size to Henard Metal Fabricators, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Blau Mechanical Employee Profit Sharing Trust in KY ($10M, 26 participants).
Which Profit Sharing plans cover a similar participant headcount to Henard Metal Fabricators, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Norcross Supply Company Profit Sharing Plan in GA (23 participants, $4M in assets).

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 621082933.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.