401(k) · DOL Form 5500 · 2023

Beard Holding, Inc. Dba Beard Equipment Company 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
384
Participants Below avg headcount
80th
Percentile by assets National rank
$85,826
Avg per participant Below avg balance/head
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Official DOL plan name: Beard Equipment Company 401(k) Profit Sharing Plan & Trust · Sponsored by Beard Holding, Inc. Dba Beard Equipment Company · Alabama · Retail Trade

$33M in assets, 384 participants

Beard Holding, Inc. Dba Beard Equipment Company's Beard Equipment Company 401(k) Profit Sharing Plan & Trust reported $33M in total assets and 384 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #7,456 in Retail Trade (8,414 peers)

Where Beard Equipment Company 401(k) Profit Sharing Plan & Trust sits by assets

Beard Equipment Company 401(k) Profit Sharing Plan & Trust sits in the top quartile of all filed plans by assets, $33M for 384 participants (~$85,826/participant), up 27.0% in 2023.

#7,456
in Retail Trade (8,414 peers)
+27.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Beard Equipment Company 401(k) Profit Sharing Plan & Trust's outsized position by total assets

Beard Equipment Company 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$32,957,295 Top 20% higher than 80% 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

Beard Equipment Company 401(k) Profit Sharing Plan & Trust among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Beard Equipment Company 401(k) Profit Sharing Plan & Trust sits mid-pack in the medium band (384 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Beard Equipment Company 401(k) Profit Sharing Plan & Trust reported net income rose from -$5M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Beard Equipment Company 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $26M in the plan year 2022 filing to $33M in the plan year 2023 filing.
  • Beard Equipment Company 401(k) Profit Sharing Plan & Trust reported participants rose from 317 in the plan year 2022 filing to 384 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 631224274 · Beard Holding, Inc. Dba Beard Equipment Company PY 2023 · 401(k)

Beard Equipment Company 401(k) Profit Sharing Plan & Trust · $33M · 384 · 80th

  • RANK $33M
  • RANK 384
  • RANK 80th
  • RANK 401(k)
  • RANK near Peoples Bank Profit Sharing and 401(k) Plan
  • RANK ind #7456

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 Retail Trade retirement plans → · Plans in Alabama →

Beard Equipment Company 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Beard Equipment Company 401(k) Profit Sharing Plan & TrustBeard Equipment Company 401(…$33MPeoples Bank Profit Sharing and 401(k) PlanPeoples Bank Profit Sharing …$33MNikon Metrology, Inc. Savings and Investment PlanNikon Metrology, Inc. Saving…$33MLattice 401(k) Plan$33MMetronational Corporation Retirement Savings PlanMetronational Corporation Re…$33M
End-of-year total assets ($M) among Beard Equipment Company 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$33M
Net Income$7M
Employer EIN631224274
Plan Effective Date1973-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Beard Holding, Inc. Dba Beard Equipment Company)

Sponsor-wide plan assets over time

All Beard Holding, Inc. Dba Beard Equipment Company plans reported in each filing year

Latest sponsor-wide plan assets
$39M 48.51975157220337% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $26M $38.6M ▲ +48.5%
Year Plans Participants Total Assets
2022 1 317 $26M
2023 1 384 $33M
2024 1 401 $39M

Nearby 401(k) Plans in Alabama

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Beard Equipment Company 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Beard Equipment Company 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.032957295 · Participants: 384Beard Equipment Company 401(k) Profit Sharing Plan & TrustRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.854553916 · Participants: 20733Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.49327201 · Participants: 24565Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.479278219 · Participants: 4618Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.361024189 · Participants: 9487Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.090263356 · Participants: 0Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Beard Equipment Company 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Alabama, assets vs. participants

Beard Equipment Company 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Peoples Bank Profit Sharing and 401(k) Plan in NC ($33M); by covered participants it is Spectrum Construction LLC 401(k) Profit Plan & Trust in NV (384 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($33M here).

Similar participant headcount

Nearest other-state filings by covered participants (384 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 Beard Equipment Company 401(k) Profit Sharing Plan & Trust assets move in 2023?
Beard Equipment Company 401(k) Profit Sharing Plan & Trust grew sharply - up 27.0% during 2023, from $26M to $33M. Reported net income was $7M.
How have Beard Holding, Inc. Dba Beard Equipment Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Beard Holding, Inc. Dba Beard Equipment Company's sponsor-wide assets grew 48.5%, from $26M to $39M.
Where does Beard Equipment Company 401(k) Profit Sharing Plan & Trust rank by assets among Form 5500 filers?
Beard Equipment Company 401(k) Profit Sharing Plan & Trust ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Beard Equipment Company 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Peoples Bank Profit Sharing and 401(k) Plan in NC ($33M, 299 participants).
Which 401(k) plans cover a similar participant headcount to Beard Equipment Company 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Spectrum Construction LLC 401(k) Profit Plan & Trust in NV (384 participants, $51K in assets).