Profit Sharing · DOL Form 5500 · 2023
Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust Profit Sharing Plan
Data updated 2026-08-11
- $13M
- Total assets
- 3,113
- Participants
- 63rd
- Percentile by assets
- $4,031
- Avg per participant
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.
- 63rd percentile by assets (of 127,072 plans)
- #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.
- $13M
- total plan assets (2023 EOY)
- 3,113
- covered participants
- 63rd
- percentile by assets (of 127,072 plans)
- $4,031
- avg assets per participant
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.
Where Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust sits by total assets
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
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
- 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.
Participants vs Illinois filers
In Illinois, the average filing covers about 779 participants across 5,745 plans. Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust reports 3,113 participants - 4.0x that state average ($13M EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $34M |
|---|---|
| Net Assets (End of Year) | $13M |
| Net Income | -$21M |
| Employer EIN | 370951425 |
| Plan Effective Date | 1973-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust)
| 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.
- W. W. Grainger, Inc. Retirement Savings Plan $3.5B · 18,524
- Electrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5 $3.2B · 23,108
- Mcmaster-Carr Supply Company Profit Sharing Trust $2.7B · 4,366
- Mid-America Carpenters Regional Council Supplemental Retirement Plan $1.8B · 16,214
- Carle Foundation Hospital and Affiliates Matching Tsa Plan $1.2B · 15,604
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust by total assets, not by location.
- Cheney Financial Services Inc. Profit Sharing Plan (UT) $13M · 3
- Chrisman Employee Benefit Plan (UT) $13M · 254
- Satco Products, Inc. Profit Sharing Plan and Trust (NY) $13M · 282
- Cossma, Inc. Retirement Plan (PR) $13M · 357
Frequently Asked Questions
How did Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust assets move in 2023? ▼
How have Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust plan assets changed over time? ▼
Which Profit Sharing plans are similar in size to Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust? ▼
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Filing takeaways
Ways to act on Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust's numbers.
- By total assets, Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Illinois. Compare plans
- Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust's sponsor-wide assets have declined 55.6% since 2022 across 3 plan years on file. More Manufacturing plans