Profit Sharing · DOL Form 5500 · 2023

Airway Welding, Inc. Profit Sharing Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
9
Participants Small participant base
42nd
Percentile by assets National rank
$485,750
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Airway Welding Inc. Employee's Profit Sharing Plan and Trust · Sponsored by Airway Welding, Inc. · Michigan · Professional & Technical Services

$4M in assets, 9 participants

Airway Welding, Inc.'s Airway Welding Inc. Employee's Profit Sharing Plan and Trust reported $4M in total assets and 9 participants in its 2023 DOL Form 5500 filing, ranking in the 42nd 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.

  • #8,002 in Professional & Technical Services (20,321 peers)

Airway Welding, Inc. multi-year trail

Airway Welding, Inc.'s plans moved +25.8% in assets from 2022 to 2023; this filing shows Airway Welding Inc. Employee's Profit Sharing Plan and Trust at $4M / 9 participants.

#8,002
in Professional & Technical Services (20,321 peers)
+25.8%
assets growth YoY

Airway Welding Inc. Employee's Profit Sharing Plan and Trust's mid-pack asset rank among Professional & Technical Services and all filers

Airway Welding Inc. Employee's Profit Sharing Plan and Trust vs every filed plan by assets

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

$4,371,753 42nd percentile higher than 42% 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

Airway Welding Inc. Employee's Profit Sharing Plan and Trust among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Airway Welding Inc. Employee's Profit Sharing Plan and Trust is a micro filing (9 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Airway Welding Inc. Employee's Profit Sharing Plan and Trust reported net income rose from -$495K in the plan year 2022 filing to $897K in the plan year 2023 filing.
  • Airway Welding Inc. Employee's Profit Sharing Plan and Trust end-of-year assets rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Airway Welding Inc. Employee's Profit Sharing Plan and Trust reported participants rose from 8 in the plan year 2022 filing to 9 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 382284604 · Airway Welding, Inc. PY 2023 · Profit Sharing

Airway Welding Inc. Employee's Profit Sharing Plan and Trust · $4M · 9 · 42nd

  • EOY $4M
  • 5500 9
  • ASSETS 42nd
  • PCT Profit Sharing
  • EIN near Industrial Mine & Pipe Supply, Inc. Profit Sharing Plan
  • RANK ind #8002

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 Professional & Technical Services retirement plans → · Plans in Michigan →

Airway Welding Inc. Employee's Profit Sharing Plan and Trust in the asset neighbourhood

Airway Welding Inc. Employee's Profit Sharing Plan and TrustAirway Welding Inc. Employee…$4MIndustrial Mine & Pipe Supply, Inc. Profit Sharing PlanIndustrial Mine & Pipe Suppl…$4MEnt Professional Services PC Profit Sharing PlanEnt Professional Services PC…$4MM. Bendor Diamonds, Inc.Profit Sharing PlanM. Bendor Diamonds, Inc.Prof…$4MThe Contractors Retirement PlanThe Contractors Retirement P…$4M
End-of-year total assets ($M) among Airway Welding Inc. Employee's Profit Sharing Plan and Trust and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Airway Welding, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Airway Welding, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 25.80493665513198% vs 2022
2023 filing year
$3M$3.5M$4M$4.5M 20222023 $3.48M $4.37M ▲ +25.6%
Year Plans Participants Total Assets
2022 1 8 $3M
2023 1 9 $4M

Airway Welding, Inc. filing trail (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$897K
Employer EIN382284604
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Michigan

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

Airway Welding Inc. Employee's Profit Sharing Plan and Trust vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.52 Total assets ($B) Participants Airway Welding Inc. Employee's Profit Sharing Plan and Trust, Total assets ($B): 0.004371753 · Participants: 9Airway Welding Inc. Employee's Profit Sharing Plan and TrustHenry Ford Health System Retirement Savings Plan, Total assets ($B): 1.723538402 · Participants: 14349Henry Ford Health System Retirement Savings PlanConstruction Industry Retirement Fund of Rockford, Total assets ($B): 0.564072893 · Participants: 10685Construction Industry Retirement Fund of RockfordOhio Carpenters' Annuity Plan, Total assets ($B): 0.409857897 · Participants: 9314Ohio Carpenters' Annuity PlanHemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan, Total assets ($B): 0.288437417 · Participants: 1404Hemlock Semiconductor Operations LLC Employees' Capital Accumulation PlanNECA-IBEW Memphis Retirement Plan, Total assets ($B): 0.213370381 · Participants: 2389NECA-IBEW Memphis Retirement Plan
Airway Welding Inc. Employee's Profit Sharing Plan and Trust vs. nearby Profit Sharing plans in Michigan, assets vs. participants
Compare Airway Welding Inc. Employee's Profit Sharing Plan and Trust side-by-side with 3 peers →

Airway Welding Inc. Employee's Profit Sharing Plan and Trust's out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is Industrial Mine & Pipe Supply, Inc. Profit Sharing Plan in GA ($4M); by covered participants it is Watering Lane Ventures, Inc. Profit Sharing Plan in NH (9 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (9 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 Airway Welding Inc. Employee's Profit Sharing Plan and Trust assets move in 2023? ▼
Airway Welding Inc. Employee's Profit Sharing Plan and Trust grew sharply - up 25.8% during 2023, from $3M to $4M. Reported net income was $897K.
How have Airway Welding, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Airway Welding, Inc.'s sponsor-wide assets grew 25.8%, from $3M to $4M.
Which Profit Sharing plans are similar in size to Airway Welding Inc. Employee's Profit Sharing Plan and Trust? ▼
Among Profit Sharing plans in other states, the closest by assets is Industrial Mine & Pipe Supply, Inc. Profit Sharing Plan in GA ($4M, 6 participants).
Which Profit Sharing plans cover a similar participant headcount to Airway Welding Inc. Employee's Profit Sharing Plan and Trust? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Watering Lane Ventures, Inc. Profit Sharing Plan in NH (9 participants, $136K 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 382284604.

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.