Profit Sharing · DOL Form 5500 · 2023

G & S Motor Equipment Co., Inc. Profit Sharing Plan

Data updated 2026-08-11

$12M
Total assets
134
Participants
63rd
Percentile by assets
$91,845
Avg per participant
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Official DOL plan name: G & S Motor Equipment Co., Inc. Profit Sharing Plan · Sponsored by G & S Motor Equipment Co., Inc. · New Jersey · Wholesale Trade

$12M in assets, 134 participants

G & S Motor Equipment Co., Inc.'s G & S Motor Equipment Co., Inc. Profit Sharing Plan reported $12M in total assets and 134 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)
  • #3,537 in Wholesale Trade (6,309 peers)

Coverage in New Jersey

G & S Motor Equipment Co., Inc. Profit Sharing Plan covers 134 participants in New Jersey, about 16% of the average New Jersey filer (state average ~844 per filing). Assets: $12M.

$12M
total plan assets (2023 EOY)
134
covered participants
63rd
percentile by assets (of 127,072 plans)
$91,845
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • G & S Motor Equipment Co., Inc. Profit Sharing Plan reported net income rose from -$24K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • G & S Motor Equipment Co., Inc. Profit Sharing Plan end-of-year assets rose from $11M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • G & S Motor Equipment Co., Inc. Profit Sharing Plan reported participants rose from 125 in the plan year 2022 filing to 134 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. G & S Motor Equipment Co., Inc. Profit Sharing Plan reports 134 participants - about 16% of that state average ($12M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$12M
Net Income$2M
Employer EIN221864595
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (G & S Motor Equipment Co., Inc.)

$10M$11M$12M$13M$14M$15M 202220232024 $10.8M $13.8M ▲ +27.7%
Total plan assets by year, all G & S Motor Equipment Co., Inc. plans on file
Year Plans Participants Total Assets
2022 1 125 $11M
2023 1 134 $12M
2024 1 127 $14M

Nearby Profit Sharing Plans in New Jersey

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

G & S Motor Equipment Co., Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

G & S Motor Equipment Co., Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -10123 Total assets ($B) Participants G & S Motor Equipmen…Ernst & Young Partne…Operating Engineers …Heavy & General Labo…IBEW Local Union No …Kpmg Partner Retirem…
G & S Motor Equipment Co., Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to G & S Motor Equipment Co., Inc. Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did G & S Motor Equipment Co., Inc. Profit Sharing Plan assets move in 2023?
G & S Motor Equipment Co., Inc. Profit Sharing Plan grew at a solid clip - up 14.1% during 2023, from $11M to $12M. Reported net income was $2M.
How have G & S Motor Equipment Co., Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), G & S Motor Equipment Co., Inc.'s sponsor-wide assets grew 27.7%, from $11M to $14M.
Which Profit Sharing plans are similar in size to G & S Motor Equipment Co., Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Waste Technology Services, Inc. Profit Sharing Pla in NY ($12M, 42 participants).

Next read for G & S Motor Equipment Co., Inc. Profit S…

Filing takeaways

Ways to act on G & S Motor Equipment Co., Inc. Profit Sharing Plan's numbers.

  • By total assets, G & S Motor Equipment Co., 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 New Jersey. Compare plans
  • G & S Motor Equipment Co., Inc.'s sponsor-wide assets have grown 27.7% since 2022 across 3 plan years on file. More Wholesale Trade plans