Profit Sharing · DOL Form 5500 · 2023
Industrial Economics Incorporated Profit Sharing Plan
Data updated 2026-08-11
- $60M
- Total assets
- 96
- Participants
- 87th
- Percentile by assets
- $625,387
- Avg per participant
Official DOL plan name: Iec Retirement Plan · Sponsored by Industrial Economics Incorporated · Massachusetts · Professional & Technical Services
$60M in assets, 96 participants
Industrial Economics Incorporated's Iec Retirement Plan reported $60M in total assets and 96 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.
- 87th percentile by assets (of 127,072 plans)
- #17,976 in Professional & Technical Services (20,321 peers)
Where Iec Retirement Plan sits by assets
Iec Retirement Plan sits in the top quartile of all filed plans by assets, $60M for 96 participants (~$625,387/participant), up 18.3% in 2023.
- $60M
- total plan assets (2023 EOY)
- 96
- covered participants
- 87th
- percentile by assets (of 127,072 plans)
- $625,387
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Iec Retirement Plan reported net income rose from -$7M in the plan year 2022 filing to $9M in the plan year 2023 filing.
- Iec Retirement Plan end-of-year assets rose from $51M in the plan year 2022 filing to $60M in the plan year 2023 filing.
- Iec Retirement Plan reported participants fell from 101 in the plan year 2022 filing to 96 in the plan year 2023 filing.
Iec Retirement Plan vs the 2023 asset distribution
By assets, Iec Retirement Plan outranks 87% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $51M |
|---|---|
| Net Assets (End of Year) | $60M |
| Net Income | $9M |
| Employer EIN | 042735625 |
| Plan Effective Date | 1981-07-28 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Industrial Economics Incorporated)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 215 | $59M |
| 2023 | 2 | 216 | $70M |
| 2024 | 2 | 228 | $83M |
Nearby Profit Sharing Plans in Massachusetts
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Iec Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants
- Consolidated 403(b) Program of Mass General Brigham and Member Organizations $14.9B · 74,212
- Demoulas (Restated) Profit Sharing Plan & Trust $1.0B · 12,622
- Dana-Farber Cancer Institute Retirement Plan $788M · 4,630
- The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund $679M · 6,360
- Sheet Metal Workers Local 17 Annuity Income Fund $617M · 2,868
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Iec Retirement Plan by total assets, not by location.
Frequently Asked Questions
How did Iec Retirement Plan assets move in 2023? ▼
How have Industrial Economics Incorporated plan assets changed over time? ▼
Where does Iec Retirement Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Iec Retirement Plan? ▼
Next read for Iec Retirement Plan
Scale reading
Ways to act on Iec Retirement Plan's numbers.
- By total assets, Iec Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Massachusetts. Compare plans
- Industrial Economics Incorporated's sponsor-wide assets have grown 41.3% since 2022 across 3 plan years on file. More Professional & Technical Services plans