Profit Sharing · DOL Form 5500 · 2023

Plant Drives and Systems, Inc. Profit Sharing Plan

Data updated 2026-08-25

$911K
Total assets Small plan by assets
9
Participants Small participant base
23rd
Percentile by assets National rank
$101,257
Avg per participant Below avg balance/head
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Official DOL plan name: Plant Drives and Systems, Inc. · Sponsored by Plant Drives and Systems, Inc. · Tennessee · Wholesale Trade

$911K in assets, 9 participants

Plant Drives and Systems, Inc.'s Plant Drives and Systems, Inc. reported $911K in total assets and 9 participants in its 2023 DOL Form 5500 filing, ranking in the 23rd 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.

  • #797 in Wholesale Trade (6,309 peers)

Plant Drives and Systems, Inc. multi-year trail

Plant Drives and Systems, Inc.'s plans moved -99.8% in assets from 2022 to 2024; this filing shows Plant Drives and Systems, Inc. at $911K / 9 participants.

#797
in Wholesale Trade (6,309 peers)
-17.8%
assets change YoY

The plan reported a net loss of $197K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Plant Drives and Systems, Inc. among the smaller filed plans by assets

Plant Drives and Systems, Inc. vs every filed plan by assets

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

$911,314 23rd percentile higher than 23% 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

Plant Drives and Systems, Inc. among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Plant Drives and Systems, Inc. is a micro filing (9 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Plant Drives and Systems, Inc. reported net income fell from $23K in the plan year 2022 filing to -$197K in the plan year 2023 filing.
  • Plant Drives and Systems, Inc. end-of-year assets fell from $1M in the plan year 2022 filing to $911K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 273120848 · Plant Drives and Systems, Inc. PY 2023 · Profit Sharing

Plant Drives and Systems, Inc. · $911K · 9 · 23rd

  • IND $911K
  • IND 9
  • IND 23rd
  • IND Profit Sharing
  • IND near Rocky Mountain West Telecom 401(k) Profit Sharing Plan
  • IND ind #797

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 Tennessee →

Plant Drives and Systems, Inc. in the asset neighbourhood

Plant Drives and Systems, Inc.Plant Drives and Systems, In…$911KRocky Mountain West Telecom 401(k) Profit Sharing PlanRocky Mountain West Telecom …$911KLookout Equities Inc. Retirement PlanLookout Equities Inc. Retire…$911KV a M E Iron Works Corp Ps Pl Tr Ein11-3523488V a M E Iron Works Corp Ps P…$912KParham Development Company Profit Sharing Plan and TrustParham Development Company P…$912K
End-of-year total assets ($M) among Plant Drives and Systems, Inc. and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Plant Drives and Systems, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Plant Drives and Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2K 99.8376320254593% vs 2022
2024 filing year
$0M$0.5M$1M$1.5M 202220232024 $1.11M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 9 $1M
2023 1 9 $911K
2024 2 10 $2K

Plant Drives and Systems, Inc. filing trail (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$911K
Net Income-$197K
Employer EIN273120848
Plan Effective Date2010-07-27
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Tennessee

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

Plant Drives and Systems, Inc. vs. nearby Profit Sharing plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -2000200400600 Total assets ($M) Participants Plant Drives and Systems, Inc., Total assets ($M): 0.911314 · Participants: 9Plant Drives and Systems, Inc.Ballad Health 401(a) Plan, Total assets ($M): 478.135258 · Participants: 5420Ballad Health 401(a) PlanShreveport Electrical Industry Profit Sharing Plan, Total assets ($M): 87.734816 · Participants: 494Shreveport Electrical Industry Profit Sharing PlanNew Orleans Electrical Annuity Plan, Total assets ($M): 77.298273 · Participants: 1475New Orleans Electrical Annuity PlanUlps Employee Savings Plan, Total assets ($M): 66.606114 · Participants: 237Ulps Employee Savings PlanGerber/Taylor Capital Advisors Profit Sharing Plan, Total assets ($M): 45.840819 · Participants: 40Gerber/Taylor Capital Advisors Profit Sharing Plan
Plant Drives and Systems, Inc. vs. nearby Profit Sharing plans in Tennessee, assets vs. participants
Compare Plant Drives and Systems, Inc. side-by-side with 3 peers →

Plant Drives and Systems, Inc.'s out-of-state Profit Sharing peers by assets and headcount

Outside Tennessee, the nearest Profit Sharing by assets is Rocky Mountain West Telecom 401(k) Profit Sharing Plan in UT ($911K); by covered participants it is Watering Lane Ventures, Inc. Profit Sharing Plan in NH (9 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (9 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 Plant Drives and Systems, Inc. assets move in 2023? ▼
Plant Drives and Systems, Inc. declined sharply - down 17.8% during 2023, from $1M to $911K. Reported net income was -$197K.
How have Plant Drives and Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Plant Drives and Systems, Inc.'s sponsor-wide assets declined 99.8%, from $1M to $2K.
Where does Plant Drives and Systems, Inc. rank by assets among Form 5500 filers? ▼
Plant Drives and Systems, Inc. ranks in the 23rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Plant Drives and Systems, Inc.? ▼
Among Profit Sharing plans in other states, the closest by assets is Rocky Mountain West Telecom 401(k) Profit Sharing Plan in UT ($911K, 53 participants).
Which Profit Sharing plans cover a similar participant headcount to Plant Drives and Systems, Inc.? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Watering Lane Ventures, Inc. Profit Sharing Plan in NH (9 participants, $136K 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 273120848.

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.