401(k) · DOL Form 5500 · 2023

Myers Industries, Inc. 401(k) Plan

Data updated 2026-08-11

$130M
Total assets
2,047
Participants
93rd
Percentile by assets
$63,458
Avg per participant
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Official DOL plan name: Myers Industries, Inc. Profit Sharing and 401(k) Plan · Sponsored by Myers Industries, Inc. · Ohio · Manufacturing

$130M in assets, 2,047 participants

Myers Industries, Inc.'s Myers Industries, Inc. Profit Sharing and 401(k) Plan reported $130M in total assets and 2,047 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #16,667 in Manufacturing (18,722 peers)

Coverage in Ohio

Myers Industries, Inc. Profit Sharing and 401(k) Plan covers 2,047 participants in Ohio, 2.7x the typical Ohio plan (state average ~765 per filing). Assets: $130M.

$130M
total plan assets (2023 EOY)
2,047
covered participants
93rd
percentile by assets (of 127,072 plans)
$63,458
avg assets per participant

Where Myers Industries, Inc. Profit Sharing and 401(k) Plan sits by total assets

Myers Industries, Inc. Profit Sharing and 401(k) Plan vs every filed plan by assets

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

$129,898,792 Top 7% higher than 93% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Myers Industries, Inc. Profit Sharing and 401(k) Plan reported net income rose from -$26M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Myers Industries, Inc. Profit Sharing and 401(k) Plan end-of-year assets rose from $114M in the plan year 2022 filing to $130M in the plan year 2023 filing.
  • Myers Industries, Inc. Profit Sharing and 401(k) Plan reported participants fell from 2,081 in the plan year 2022 filing to 2,047 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Myers Industries, Inc. Profit Sharing and 401(k) Plan reports 2,047 participants - 2.7x that state average ($130M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$114M
Net Assets (End of Year)$130M
Net Income$15M
Employer EIN340778636
Plan Effective Date1975-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Myers Industries, Inc.)

$110M$120M$130M$140M$150M 202220232024 $119M $145M ▲ +21.9%
Total plan assets by year, all Myers Industries, Inc. plans on file
Year Plans Participants Total Assets
2022 2 2,081 $119M
2023 2 2,047 $135M
2024 2 2,007 $145M

Nearby 401(k) Plans in Ohio

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Myers Industries, Inc. Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Myers Industries, In…, Total assets ($B): 0.129898792 · Participants: 2047Myers Industries, In…GE Retirement Saving…, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Saving…The Sherwin-Williams…, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams…The Progressive 401(…, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(…The Kroger Co. 401(k…, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k…Nationwide Savings P…, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings P…
Myers Industries, Inc. Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Myers Industries, Inc. Profit Sharing and 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Myers Industries, Inc. Profit Sharing and 401(k) Plan assets move in 2023?
Myers Industries, Inc. Profit Sharing and 401(k) Plan grew at a solid clip - up 13.5% during 2023, from $114M to $130M. Reported net income was $15M.
How have Myers Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Myers Industries, Inc.'s sponsor-wide assets grew 21.9%, from $119M to $145M.
Where does Myers Industries, Inc. Profit Sharing and 401(k) Plan rank by assets among Form 5500 filers?
Myers Industries, Inc. Profit Sharing and 401(k) Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Myers Industries, Inc. Profit Sharing and 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Vcna 401(k) Profit Sharing Plan in IL ($130M, 734 participants).

Next read for Myers Industries, Inc. Profit Sharing an…

Filing takeaways

Ways to act on Myers Industries, Inc. Profit Sharing and 401(k) Plan's numbers.

  • By total assets, Myers Industries, Inc. Profit Sharing and 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Ohio. Compare plans
  • Myers Industries, Inc.'s sponsor-wide assets have grown 21.9% since 2022 across 3 plan years on file. More Manufacturing plans