Profit Sharing · DOL Form 5500 · 2023
Eaton Steel Bar Company Profit Sharing Plan
Data updated 2026-08-11
- $25M
- Total assets
- 135
- Participants
- 76th
- Percentile by assets
- $184,929
- Avg per participant
Official DOL plan name: Goodman Companies Retirement Profit Sharing Plan · Sponsored by Eaton Steel Bar Company · Michigan · Manufacturing
$25M in assets, 135 participants
Eaton Steel Bar Company's Goodman Companies Retirement Profit Sharing Plan reported $25M in total assets and 135 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.
- 76th percentile by assets (of 127,072 plans)
- #12,615 in Manufacturing (18,722 peers)
Coverage in Michigan
Goodman Companies Retirement Profit Sharing Plan covers 135 participants in Michigan, about 21% of the average Michigan filer (state average ~638 per filing). Assets: $25M.
- $25M
- total plan assets (2023 EOY)
- 135
- covered participants
- 76th
- percentile by assets (of 127,072 plans)
- $184,929
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Goodman Companies Retirement Profit Sharing Plan reported net income rose from -$7M in the plan year 2022 filing to $939K in the plan year 2023 filing.
- Goodman Companies Retirement Profit Sharing Plan end-of-year assets rose from $24M in the plan year 2022 filing to $25M in the plan year 2023 filing.
- Goodman Companies Retirement Profit Sharing Plan reported participants fell from 137 in the plan year 2022 filing to 135 in the plan year 2023 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Goodman Companies Retirement Profit Sharing Plan reports 135 participants - about 21% of that state average ($25M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $24M |
|---|---|
| Net Assets (End of Year) | $25M |
| Net Income | $939K |
| Employer EIN | 383274875 |
| Plan Effective Date | 1997-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Eaton Steel Bar Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 137 | $24M |
| 2023 | 1 | 135 | $25M |
| 2024 | 1 | 139 | $28M |
Nearby Profit Sharing Plans in Michigan
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Goodman Companies Retirement Profit Sharing Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants
- Henry Ford Health System Retirement Savings Plan $1.7B · 14,349
- Construction Industry Retirement Fund of Rockford $564M · 10,685
- Ohio Carpenters' Annuity Plan $410M · 9,314
- Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan $288M · 1,404
- NECA-IBEW Memphis Retirement Plan $213M · 2,389
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Goodman Companies Retirement Profit Sharing Plan by total assets, not by location.
Frequently Asked Questions
How did Goodman Companies Retirement Profit Sharing Plan assets move in 2023? ▼
How have Eaton Steel Bar Company plan assets changed over time? ▼
Where does Goodman Companies Retirement Profit Sharing Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Goodman Companies Retirement Profit Sharing Plan's numbers.
- By total assets, Goodman Companies Retirement Profit Sharing Plan 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 Michigan. Compare plans
- Eaton Steel Bar Company's sponsor-wide assets have grown 18.0% since 2022 across 3 plan years on file. More Manufacturing plans