Profit Sharing · DOL Form 5500 · 2023

Les Schwab Warehouse Center, LLC Profit Sharing Plan

Data updated 2026-08-11

$770M
Total assets
5,474
Participants
98th
Percentile by assets
$140,724
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Les Schwab Profit Sharing Retirement Plan · Sponsored by Les Schwab Warehouse Center, LLC · Oregon · Retail Trade

$770M in assets, 5,474 participants

Les Schwab Warehouse Center, LLC's Les Schwab Profit Sharing Retirement Plan reported $770M in total assets and 5,474 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #8,315 in Retail Trade (8,414 peers)

Coverage in Oregon

Les Schwab Profit Sharing Retirement Plan covers 5,474 participants in Oregon, 12x the typical Oregon plan (state average ~443 per filing). Assets: $770M.

$770M
total plan assets (2023 EOY)
5,474
covered participants
98th
percentile by assets (of 127,072 plans)
$140,724
avg assets per participant

The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Les Schwab Profit Sharing Retirement Plan reported net income rose from -$107M in the plan year 2022 filing to -$15M in the plan year 2023 filing.
  • Les Schwab Profit Sharing Retirement Plan end-of-year assets rose from $731M in the plan year 2022 filing to $770M in the plan year 2023 filing.
  • Les Schwab Profit Sharing Retirement Plan reported participants rose from 5,197 in the plan year 2022 filing to 5,474 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Oregon filers

In Oregon, the average filing covers about 443 participants across 1,736 plans. Les Schwab Profit Sharing Retirement Plan reports 5,474 participants - 12x that state average ($770M EOY assets).

Oregon filing particulars

Total Assets (Beginning of Year)$786M
Net Assets (End of Year)$770M
Net Income-$15M
Employer EIN930470437
Plan Effective Date1966-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Les Schwab Warehouse Center, LLC)

$0.5B$1B$1.5B$2B 202220232024 $0.73B $0.87B ▲ +19.2%
Total plan assets by year, all Les Schwab Warehouse Center, LLC plans on file
Year Plans Participants Total Assets
2022 1 5,197 $731M
2023 2 10,937 $1.6B
2024 1 5,738 $865M

Nearby Profit Sharing Plans in Oregon

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

Les Schwab Profit Sharing Retirement Plan vs. nearby Profit Sharing plans in Oregon, assets vs. participants

Les Schwab Profit Sharing Retirement Plan vs. nearby Profit Sharing plans in Oregon, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 02004006008001000 Total assets ($M) Participants Les Schwab Profit Sh…Les Schwab Profit Sh…Legacy Health Define…Willamette Universit…The Hoffman Employee…Tuality Healthcare P…
Les Schwab Profit Sharing Retirement Plan vs. nearby Profit Sharing plans in Oregon, assets vs. participants

Scale composition for Les Schwab Profit Sharing Retirement Plan

Les Schwab Profit Sharing Retirement Plan reports $770M in end-of-year assets across 5,474 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $140,724 per participant (1.0x the national average assets-per-participant) . Net income for plan year 2023 was -$15M.

This plan identity (EIN 930470437, plan #333) has 4 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $731M to $865M (+18.4%) while covered participants moved from 5,197 to 5,738 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,197 $731M Open filing
2023 5,474 $770M This page
2023 5,463 $805M Open filing
2024 · index core 5,738 $865M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Les Schwab Profit Sharing Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Les Schwab Profit Sharing Retirement Plan assets move in 2023?
Les Schwab Profit Sharing Retirement Plan edged down modestly - down 2.0% during 2023, from $786M to $770M. Reported net income was -$15M.
How have Les Schwab Warehouse Center, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Les Schwab Warehouse Center, LLC's sponsor-wide assets grew 18.4%, from $731M to $865M.
Where does Les Schwab Profit Sharing Retirement Plan rank by assets among Form 5500 filers?
Les Schwab Profit Sharing Retirement Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Les Schwab Profit Sharing Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Temple University Health System, Inc. Defined Contribution Retirement Plan in PA ($763M, 10,204 participants).

Next read for Les Schwab Profit Sharing Retirement Pla…

Filing takeaways

Ways to act on Les Schwab Profit Sharing Retirement Plan's numbers.

  • By total assets, Les Schwab Profit Sharing Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Oregon. Compare plans
  • Les Schwab Warehouse Center, LLC's sponsor-wide assets have grown 18.4% since 2022 across 3 plan years on file. More Retail Trade plans