Profit Sharing · DOL Form 5500 · 2023

Sterling Supply, Inc. Profit Sharing Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
4
Participants Small participant base
41st
Percentile by assets National rank
$1.0M
Avg per participant High balance/head
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Official DOL plan name: Sterling Supply, Inc. Restated Profit Sharing Plan · Sponsored by Sterling Supply, Inc. · Minnesota · Wholesale Trade

$4M in assets, 4 participants

Sterling Supply, Inc.'s Sterling Supply, Inc. Restated Profit Sharing Plan reported $4M in total assets and 4 participants in its 2023 DOL Form 5500 filing, ranking in the 41st 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.

  • #1,904 in Wholesale Trade (6,309 peers)

2023 asset change

Sterling Supply, Inc. Restated Profit Sharing Plan pulled back noticeably 14.6% in 2023 ($5M → $4M) for 4 participants.

#1,904
in Wholesale Trade (6,309 peers)
-14.6%
assets change YoY

The plan reported a net loss of $714K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sterling Supply, Inc. Restated Profit Sharing Plan's mid-pack asset rank among Wholesale Trade and all filers

Sterling Supply, Inc. Restated Profit Sharing Plan vs every filed plan by assets

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

$4,190,207 41st percentile higher than 41% 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

Sterling Supply, Inc. Restated 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. Sterling Supply, Inc. Restated Profit Sharing Plan is a micro filing (4 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sterling Supply, Inc. Restated Profit Sharing Plan reported participants rose from 3 in the plan year 2022 filing to 4 in the plan year 2023 filing.
  • Sterling Supply, Inc. Restated Profit Sharing Plan end-of-year assets fell from $5M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Sterling Supply, Inc. Restated Profit Sharing Plan reported net income fell from -$642K in the plan year 2022 filing to -$714K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 410914604 · Sterling Supply, Inc. PY 2023 · Profit Sharing

Sterling Supply, Inc. Restated Profit Sharing Plan · $4M · 4 · 41st

  • TYPE $4M
  • NET 4
  • BOOK 41st
  • VS-ST Profit Sharing
  • BOY near Aronowitz & Helgeson, P.C. Profit Sharing Plan
  • SCH ind #1904

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 Minnesota →

Sterling Supply, Inc. Restated Profit Sharing Plan in the asset neighbourhood

Sterling Supply, Inc. Restated Profit Sharing PlanSterling Supply, Inc. Restat…$4MAronowitz & Helgeson, P.C. Profit Sharing PlanAronowitz & Helgeson, P.C. P…$4MJoseph T. Backe, M.D., P.a. Profit Sharing PlanJoseph T. Backe, M.D., P.a. …$4MLake County Surgeons, P.C. Profit Sharing Plan & TrustLake County Surgeons, P.C. P…$4MV. Marchese, Inc. Profit Sharing PlanV. Marchese, Inc. Profit Sha…$4M
End-of-year total assets ($M) among Sterling Supply, Inc. Restated Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Sterling Supply, Inc. years around the 2023 move

Sponsor-wide plan assets over time

All Sterling Supply, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 7.725525952652028% vs 2022
2024 filing year
$4M$4.5M$5M 202220232024 $4.9M $4.53M ▼ -7.6%
Year Plans Participants Total Assets
2022 1 3 $5M
2023 1 4 $4M
2024 1 4 $5M

2023 asset-move particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$4M
Net Income-$714K
Employer EIN410914604
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Minnesota

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

Sterling Supply, Inc. Restated Profit Sharing Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Sterling Supply, Inc. Restated Profit Sharing Plan, Total assets ($B): 0.004190207 · Participants: 4Sterling Supply, Inc. Restated Profit Sharing PlanEssentia Health Retirement Plan, Total assets ($B): 1.947015983 · Participants: 15491Essentia Health Retirement PlanPipe Trades Services Mn Pension Supplement Fund, Total assets ($B): 1.617374084 · Participants: 6062Pipe Trades Services Mn Pension Supplement FundAllina 403(b) Retirement Savings Plan, Total assets ($B): 0.905961651 · Participants: 9417Allina 403(b) Retirement Savings PlanFairview Health Services Pension Plan, Total assets ($B): 0.609806339 · Participants: 4828Fairview Health Services Pension PlanCargill Employee Retirement Account Plan, Total assets ($B): 0.510990463 · Participants: 19870Cargill Employee Retirement Account Plan
Sterling Supply, Inc. Restated Profit Sharing Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants
Compare Sterling Supply, Inc. Restated Profit Sharing Plan side-by-side with 3 peers →

Sterling Supply, Inc. Restated Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Minnesota, the nearest Profit Sharing by assets is Aronowitz & Helgeson, P.C. Profit Sharing Plan in CO ($4M); by covered participants it is Sj Grillo Profit Sharing Plan in NY (4 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4 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 Sterling Supply, Inc. Restated Profit Sharing Plan assets move in 2023? ▼
Sterling Supply, Inc. Restated Profit Sharing Plan pulled back noticeably - down 14.6% during 2023, from $5M to $4M. Reported net income was -$714K.
How have Sterling Supply, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sterling Supply, Inc.'s sponsor-wide assets declined 7.7%, from $5M to $5M.
Which Profit Sharing plans are similar in size to Sterling Supply, Inc. Restated Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Aronowitz & Helgeson, P.C. Profit Sharing Plan in CO ($4M, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Sterling Supply, Inc. Restated Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Sj Grillo Profit Sharing Plan in NY (4 participants, N/A 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 410914604.

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.