Profit Sharing · DOL Form 5500 · 2023

Z & M Sheet Metal, Inc. Profit Sharing Plan

Data updated 2026-08-11

$9M
Total assets
105
Participants
57th
Percentile by assets
$89,405
Avg per participant
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Official DOL plan name: Z & M Sheet Metal, Inc. Profit Sharing Plan · Sponsored by Z & M Sheet Metal, Inc. · Virginia · Manufacturing

$9M in assets, 105 participants

Z & M Sheet Metal, Inc.'s Z & M Sheet Metal, Inc. Profit Sharing Plan reported $9M in total assets and 105 participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

  • 57th percentile by assets (of 127,072 plans)
  • #8,060 in Manufacturing (18,722 peers)

Coverage in Virginia

Z & M Sheet Metal, Inc. Profit Sharing Plan covers 105 participants in Virginia, about 13% of the average Virginia filer (state average ~782 per filing). Assets: $9M.

$9M
total plan assets (2023 EOY)
105
covered participants
57th
percentile by assets (of 127,072 plans)
$89,405
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Z & M Sheet Metal, Inc. Profit Sharing Plan reported net income rose from -$1M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Z & M Sheet Metal, Inc. Profit Sharing Plan end-of-year assets rose from $8M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Z & M Sheet Metal, Inc. Profit Sharing Plan reported participants rose from 102 in the plan year 2022 filing to 105 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Z & M Sheet Metal, Inc. Profit Sharing Plan reports 105 participants - about 13% of that state average ($9M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$1M
Employer EIN540808788
Plan Effective Date1974-12-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Z & M Sheet Metal, Inc.)

$7M$8M$9M$10M$11M 202220232024 $8.13M $10.2M ▲ +25.0%
Total plan assets by year, all Z & M Sheet Metal, Inc. plans on file
Year Plans Participants Total Assets
2022 1 102 $8M
2023 1 105 $9M
2024 1 114 $10M

Nearby Profit Sharing Plans in Virginia

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

Z & M Sheet Metal, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Virginia, assets vs. participants

Z & M Sheet Metal, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -0.500.511.5 Total assets ($B) Participants Z & M Sheet Metal, I…Section 403(b) Defin…Carpenter Co. Profit…American Institutes …Analytic Services In…Associated Universit…
Z & M Sheet Metal, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Virginia, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Z & M Sheet Metal, Inc. Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Z & M Sheet Metal, Inc. Profit Sharing Plan assets move in 2023?
Z & M Sheet Metal, Inc. Profit Sharing Plan grew sharply - up 15.5% during 2023, from $8M to $9M. Reported net income was $1M.
How have Z & M Sheet Metal, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Z & M Sheet Metal, Inc.'s sponsor-wide assets grew 24.9%, from $8M to $10M.
Which Profit Sharing plans are similar in size to Z & M Sheet Metal, Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Nichols Tillage Tools, Inc. Profit Sharing Plan in CO ($9M, 100 participants).

Next read for Z & M Sheet Metal, Inc. Profit Sharing P…

Filing takeaways

Ways to act on Z & M Sheet Metal, Inc. Profit Sharing Plan's numbers.

  • By total assets, Z & M Sheet Metal, Inc. Profit Sharing Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Virginia. Compare plans
  • Z & M Sheet Metal, Inc.'s sponsor-wide assets have grown 24.9% since 2022 across 3 plan years on file. More Manufacturing plans