Profit Sharing · DOL Form 5500 · 2023

Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust Profit Sharing Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
3,113
Participants Above avg headcount
63rd
Percentile by assets National rank
$4,031
Avg per participant Low balance/head
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Official DOL plan name: Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust · Sponsored by Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust · Illinois · Manufacturing

$13M in assets, 3,113 participants

Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust's Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust reported $13M in total assets and 3,113 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd 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.

  • #9,528 in Manufacturing (18,722 peers)

Coverage in Illinois

Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust covers 3,113 participants in Illinois, 4.0x the typical Illinois plan (state average ~779 per filing). Assets: $13M.

#9,528
in Manufacturing (18,722 peers)
-63.0%
assets change YoY

The plan reported a net loss of $21M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust's mid-pack asset rank among Manufacturing and all filers

Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust vs every filed plan by assets

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

$12,548,145 Top 37% higher than 63% 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

Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust lands in the large band (3,113 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust end-of-year assets fell from $34M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust reported net income fell from -$13M in the plan year 2022 filing to -$21M in the plan year 2023 filing.
  • Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust reported participants fell from 3,239 in the plan year 2022 filing to 3,113 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 370951425 · Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust PY 2023 · Profit Sharing

Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust · $13M · 3,113 · 63rd

  • RANK $13M
  • RANK 3,113
  • RANK 63rd
  • RANK Profit Sharing
  • RANK near Cheney Financial Services Inc. Profit Sharing Plan
  • RANK ind #9528

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 Illinois →

Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust in the asset neighbourhood

Cossma, Inc. Retirement Plan$13MSatco Products, Inc. Profit Sharing Plan and TrustSatco Products, Inc. Profit …$13MGilster-Mary Lee Corp Employees Profit Sharing Retirement TrustGilster-Mary Lee Corp Employ…$13MCheney Financial Services Inc. Profit Sharing PlanCheney Financial Services In…$13MChrisman Employee Benefit PlanChrisman Employee Benefit Pl…$13M
End-of-year total assets ($M) among Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$13M
Net Income-$21M
Employer EIN370951425
Plan Effective Date1973-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust)

Sponsor-wide plan assets over time

All Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust plans reported in each filing year

Latest sponsor-wide plan assets
$15M 55.61237921435504% vs 2022
2024 filing year
$10M$20M$30M$40M 202220232024 $34.2M $15.2M ▼ -55.6%
Year Plans Participants Total Assets
2022 2 4,987 $34M
2023 2 5,293 $14M
2024 2 5,480 $15M

Nearby Profit Sharing Plans in Illinois

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

Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust vs. nearby Profit Sharing plans in Illinois, assets vs. participants Scatter plot of 6 data points. 0500010000150002000025000 -101234 Total assets ($B) Participants Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust, Total assets ($B): 0.012548145 · Participants: 3113Gilster-Mary Lee Corp Employees Profit Sharing Retirement TrustW. W. Grainger, Inc. Retirement Savings Plan, Total assets ($B): 3.454274218 · Participants: 18524W. W. Grainger, Inc. Retirement Savings PlanElectrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5, Total assets ($B): 3.245353634 · Participants: 23108Electrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5Mcmaster-Carr Supply Company Profit Sharing Trust, Total assets ($B): 2.733520068 · Participants: 4366Mcmaster-Carr Supply Company Profit Sharing TrustMid-America Carpenters Regional Council Supplemental Retirement Plan, Total assets ($B): 1.788799198 · Participants: 16214Mid-America Carpenters Regional Council Supplemental Retirement PlanCarle Foundation Hospital and Affiliates Matching Tsa Plan, Total assets ($B): 1.173752843 · Participants: 15604Carle Foundation Hospital and Affiliates Matching Tsa Plan
Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust's out-of-state Profit Sharing peers by assets and headcount

Outside Illinois, the nearest Profit Sharing by assets is Cheney Financial Services Inc. Profit Sharing Plan in UT ($13M); by covered participants it is The Employees' Profit-Sharing Plan of Utility Trailer Manufacturing Company and Affiliated Companies in CA (3,124 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,113 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 Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust assets move in 2023? ▼
Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust contracted severely - down 63.0% during 2023, from $34M to $13M. Reported net income was -$21M.
How have Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust's sponsor-wide assets declined 55.6%, from $34M to $15M.
Which Profit Sharing plans are similar in size to Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust? ▼
Among Profit Sharing plans in other states, the closest by assets is Cheney Financial Services Inc. Profit Sharing Plan in UT ($13M, 3 participants).
Which Profit Sharing plans cover a similar participant headcount to Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust? ▼
Among Profit Sharing plans in other states, the closest by covered participants is The Employees' Profit-Sharing Plan of Utility Trailer Manufacturing Company and Affiliated Companies in CA (3,124 participants, $420M in assets).