401(k) · DOL Form 5500 · 2023

True Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
40
Participants Small participant base
50th
Percentile by assets National rank
$168,514
Avg per participant Above avg balance/head
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Official DOL plan name: True Industries, Inc. Profit Sharing Plan · Sponsored by True Industries, Inc. · Ohio · Manufacturing

$7M in assets, 40 participants

True Industries, Inc.'s True Industries, Inc. Profit Sharing Plan reported $7M in total assets and 40 participants in its 2023 DOL Form 5500 filing, ranking in the 50th 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.

  • #6,419 in Manufacturing (18,722 peers)

True Industries, Inc. multi-year trail

True Industries, Inc.'s plans moved +30.4% in assets from 2022 to 2024; this filing shows True Industries, Inc. Profit Sharing Plan at $7M / 40 participants.

#6,419
in Manufacturing (18,722 peers)
+11.7%
assets growth YoY

True Industries, Inc. Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

True Industries, Inc. Profit Sharing Plan vs every filed plan by assets

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

$6,740,552 Top 50% higher than 50% 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

True Industries, Inc. 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. True Industries, Inc. Profit Sharing Plan is a small filing (40 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • True Industries, Inc. Profit Sharing Plan reported net income rose from -$3K in the plan year 2022 filing to $704K in the plan year 2023 filing.
  • True Industries, Inc. Profit Sharing Plan end-of-year assets rose from $6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • True Industries, Inc. Profit Sharing Plan reported participants rose from 39 in the plan year 2022 filing to 40 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 341255832 · True Industries, Inc. PY 2023 · 401(k)

True Industries, Inc. Profit Sharing Plan · $7M · 40 · 50th

  • PART $7M
  • PART 40
  • PART 50th
  • PART 401(k)
  • PART near Kimono Intimates 401(k) Plan
  • PART ind #6419

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 Manufacturing retirement plans → · Plans in Ohio →

True Industries, Inc. Profit Sharing Plan in the asset neighbourhood

True Industries, Inc. Profit Sharing PlanTrue Industries, Inc. Profit…$7MKimono Intimates 401(k) Plan$7MThe Exchange Bank of Alabama Retirement PlanThe Exchange Bank of Alabama…$7MPacific Plastics, Inc. 401(k) PlanPacific Plastics, Inc. 401(k…$7MSa Holding Company, Inc. 401(k) PlanSa Holding Company, Inc. 401…$7M
End-of-year total assets ($M) among True Industries, Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

True Industries, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All True Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 30.428160393987348% vs 2022
2024 filing year
$5M$6M$7M$8M$9M 202220232024 $6.04M $7.87M ▲ +30.3%
Year Plans Participants Total Assets
2022 1 39 $6M
2023 1 40 $7M
2024 1 40 $8M

True Industries, Inc. filing trail (2023)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$704K
Employer EIN341255832
Plan Effective Date1979-02-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

True Industries, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants True Industries, Inc. Profit Sharing Plan, Total assets ($B): 0.006740552 · Participants: 40True Industries, Inc. Profit Sharing PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
True Industries, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare True Industries, Inc. Profit Sharing Plan side-by-side with 3 peers →

True Industries, Inc. Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Kimono Intimates 401(k) Plan in CA ($7M); by covered participants it is Specialized Products Company 401(k) Profit Sharing Plan in TX (40 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7M here).

Similar participant headcount

Nearest other-state filings by covered participants (40 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 True Industries, Inc. Profit Sharing Plan assets move in 2023? ▼
True Industries, Inc. Profit Sharing Plan grew at a solid clip - up 11.7% during 2023, from $6M to $7M. Reported net income was $704K.
How have True Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), True Industries, Inc.'s sponsor-wide assets grew 30.4%, from $6M to $8M.
Which 401(k) plans are similar in size to True Industries, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kimono Intimates 401(k) Plan in CA ($7M, 159 participants).
Which 401(k) plans cover a similar participant headcount to True Industries, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Specialized Products Company 401(k) Profit Sharing Plan in TX (40 participants, $3M 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 341255832.

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.