Profit Sharing · DOL Form 5500 · 2023

Tomson Scrap Metal Profit Sharing Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
16
Participants Small participant base
65th
Percentile by assets National rank
$865,163
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Tomson's Scrap Metal Profit Sharing Plan · Sponsored by Tomson Scrap Metal · Pennsylvania · Wholesale Trade

$14M in assets, 16 participants

Tomson Scrap Metal's Tomson's Scrap Metal Profit Sharing Plan reported $14M in total assets and 16 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #3,731 in Wholesale Trade (6,309 peers)

Tomson Scrap Metal multi-year trail

Tomson Scrap Metal's plans moved +28.7% in assets from 2022 to 2024; this filing shows Tomson's Scrap Metal Profit Sharing Plan at $14M / 16 participants.

#3,731
in Wholesale Trade (6,309 peers)
+13.2%
assets growth YoY

Tomson's Scrap Metal Profit Sharing Plan's mid-pack asset rank among Wholesale Trade and all filers

Tomson's Scrap Metal Profit Sharing Plan vs every filed plan by assets

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

$13,842,614 Top 35% higher than 65% 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

Tomson's Scrap Metal 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. Tomson's Scrap Metal Profit Sharing Plan is a small filing (16 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tomson's Scrap Metal Profit Sharing Plan reported net income rose from $385K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Tomson's Scrap Metal Profit Sharing Plan reported participants fell from 19 in the plan year 2022 filing to 16 in the plan year 2023 filing.
  • Tomson's Scrap Metal Profit Sharing Plan end-of-year assets rose from $12M in the plan year 2022 filing to $14M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 251415713 · Tomson Scrap Metal PY 2023 · Profit Sharing

Tomson's Scrap Metal Profit Sharing Plan · $14M · 16 · 65th

  • ASSETS $14M
  • ASSETS 16
  • ASSETS 65th
  • ASSETS Profit Sharing
  • ASSETS near Forbo Siegling, LLC Retirement Plan and Trust
  • ASSETS ind #3731

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 Wholesale Trade retirement plans → · Plans in Pennsylvania →

Tomson's Scrap Metal Profit Sharing Plan in the asset neighbourhood

The Goodwin Ammonia Company Profit Sharing PlanThe Goodwin Ammonia Company …$14MJack Moore & Company, Inc. Profit Sharing Plan & TrustJack Moore & Company, Inc. P…$14MChildren International Retirement PlanChildren International Retir…$14MTomson's Scrap Metal Profit Sharing PlanTomson's Scrap Metal Profit …$14MForbo Siegling, LLC Retirement Plan and TrustForbo Siegling, LLC Retireme…$14M
End-of-year total assets ($M) among Tomson's Scrap Metal Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Tomson Scrap Metal multi-year asset trail

Sponsor-wide plan assets over time

All Tomson Scrap Metal plans reported in each filing year

Latest sponsor-wide plan assets
$16M 28.735633405403544% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $12.2M $15.8M ▲ +28.8%
Year Plans Participants Total Assets
2022 1 19 $12M
2023 1 16 $14M
2024 1 17 $16M

Tomson Scrap Metal filing trail (2023)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$14M
Net Income$2M
Employer EIN251415713
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Pennsylvania

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

Tomson's Scrap Metal Profit Sharing Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Tomson's Scrap Metal Profit Sharing Plan, Total assets ($B): 0.013842614 · Participants: 16Tomson's Scrap Metal Profit Sharing PlanEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.13036391 · Participants: 17441Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.71732421 · Participants: 21016University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 1.126483012 · Participants: 3905International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.763491384 · Participants: 10204Temple University Health System, Inc. Defined Contribution Retirement PlanMorgan, Lewis & Bockius LLP Defined Contribution Plan, Total assets ($B): 0.71403391 · Participants: 2458Morgan, Lewis & Bockius LLP Defined Contribution Plan
Tomson's Scrap Metal Profit Sharing Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants

Tomson's Scrap Metal Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is Forbo Siegling, LLC Retirement Plan and Trust in NC ($14M); by covered participants it is Harris & Hart, Inc. Employees' Profit Sharing Plan in UT (16 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (16 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 Tomson's Scrap Metal Profit Sharing Plan assets move in 2023?
Tomson's Scrap Metal Profit Sharing Plan grew at a solid clip - up 13.2% during 2023, from $12M to $14M. Reported net income was $2M.
How have Tomson Scrap Metal plan assets changed over time?
Across 3 plan years on file (2022-2024), Tomson Scrap Metal's sponsor-wide assets grew 28.7%, from $12M to $16M.
Which Profit Sharing plans are similar in size to Tomson's Scrap Metal Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Forbo Siegling, LLC Retirement Plan and Trust in NC ($14M, 350 participants).
Which Profit Sharing plans cover a similar participant headcount to Tomson's Scrap Metal Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Harris & Hart, Inc. Employees' Profit Sharing Plan in UT (16 participants, $10M in assets).