401(k) · DOL Form 5500 · 2023

Victory Iron Works, Inc 401(k) Plan

Data updated 2026-08-25

$841K
Total assets Small plan by assets
6
Participants Small participant base
22nd
Percentile by assets National rank
$140,226
Avg per participant Near avg balance/head
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Official DOL plan name: Victory Iron Works, Inc. Employees Profit Sharing Plan · Sponsored by Victory Iron Works, Inc · New Jersey · Construction

$841K in assets, 6 participants

Victory Iron Works, Inc's Victory Iron Works, Inc. Employees Profit Sharing Plan reported $841K in total assets and 6 participants in its 2023 DOL Form 5500 filing, ranking in the 22nd 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.

  • #1,831 in Construction (9,030 peers)

Victory Iron Works, Inc multi-year trail

Victory Iron Works, Inc's plans moved -62.0% in assets from 2022 to 2024; this filing shows Victory Iron Works, Inc. Employees Profit Sharing Plan at $841K / 6 participants.

#1,831
in Construction (9,030 peers)
-10.8%
assets change YoY

The plan reported a net loss of $102K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Victory Iron Works, Inc. Employees Profit Sharing Plan among the smaller filed plans by assets

Victory Iron Works, Inc. Employees Profit Sharing Plan vs every filed plan by assets

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

$841,356 22nd percentile higher than 22% 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

Victory Iron Works, Inc. Employees Profit Sharing Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Victory Iron Works, Inc. Employees Profit Sharing Plan is a micro filing (6 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Victory Iron Works, Inc. Employees Profit Sharing Plan reported participants rose from 5 in the plan year 2022 filing to 6 in the plan year 2023 filing.
  • Victory Iron Works, Inc. Employees Profit Sharing Plan end-of-year assets fell from $943K in the plan year 2022 filing to $841K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 221508310 · Victory Iron Works, Inc PY 2023 · 401(k)

Victory Iron Works, Inc. Employees Profit Sharing Plan · $841K · 6 · 22nd

  • BOY $841K
  • SCH 6
  • EBSA 22nd
  • PART 401(k)
  • TYPE near Colonial Wholesale Distributing 401(k) Plan
  • NET ind #1831

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 Construction retirement plans → · Plans in New Jersey →

Victory Iron Works, Inc. Employees Profit Sharing Plan in the asset neighbourhood

Victory Iron Works, Inc. Employees Profit Sharing PlanVictory Iron Works, Inc. Emp…$841KColonial Wholesale Distributing 401(k) PlanColonial Wholesale Distribut…$841KColegio Radians, Inc. Cash or Deferred Income PlanColegio Radians, Inc. Cash o…$841KJjb Ventures, Inc. 401(k) Profit Sharing PlanJjb Ventures, Inc. 401(k) Pr…$841KWitt & Segulla Inc. 401(k) PlanWitt & Segulla Inc. 401(k) P…$841K
End-of-year total assets ($M) among Victory Iron Works, Inc. Employees Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Victory Iron Works, Inc multi-year asset trail

Sponsor-wide plan assets over time

All Victory Iron Works, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$359K 61.95380734333927% vs 2022
2024 filing year
$0.2M$0.4M$0.6M$0.8M$1M 202220232024 $0.94M $0.36M ▼ -61.7%
Year Plans Participants Total Assets
2022 1 5 $943K
2023 1 6 $841K
2024 1 5 $359K

Victory Iron Works, Inc filing trail (2023)

Total Assets (Beginning of Year)$943K
Net Assets (End of Year)$841K
Net Income-$102K
Employer EIN221508310
Plan Effective Date1976-05-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New Jersey

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

Victory Iron Works, Inc. Employees Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Victory Iron Works, Inc. Employees Profit Sharing Plan, Total assets ($B): 0.000841356 · Participants: 6Victory Iron Works, Inc. Employees 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
Victory Iron Works, Inc. Employees Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Victory Iron Works, Inc. Employees Profit Sharing Plan side-by-side with 3 peers →

Victory Iron Works, Inc. Employees Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Colonial Wholesale Distributing 401(k) Plan in FL ($841K); by covered participants it is Gears Over Gravity, Inc. 401(k) Plan in CA (6 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (6 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 Victory Iron Works, Inc. Employees Profit Sharing Plan assets move in 2023? ▼
Victory Iron Works, Inc. Employees Profit Sharing Plan pulled back noticeably - down 10.8% during 2023, from $943K to $841K. Reported net income was -$102K.
How have Victory Iron Works, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Victory Iron Works, Inc's sponsor-wide assets declined 62.0%, from $943K to $359K.
Where does Victory Iron Works, Inc. Employees Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Victory Iron Works, Inc. Employees Profit Sharing Plan ranks in the 22nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Victory Iron Works, Inc. Employees Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Colonial Wholesale Distributing 401(k) Plan in FL ($841K, 128 participants).
Which 401(k) plans cover a similar participant headcount to Victory Iron Works, Inc. Employees Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gears Over Gravity, Inc. 401(k) Plan in CA (6 participants, $234K 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 221508310.

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.