Profit Sharing · DOL Form 5500 · 2023

Universal Bearings, LLC Profit Sharing Plan

Data updated 2026-08-11

$25M
Total assets: 283
Participants: 76th
Percentile by assets: $87,789
Avg per participant

Official DOL plan name: Universal Bearings LLC Profit Sharing Plan & Trust · Sponsored by Universal Bearings, LLC · Indiana · Manufacturing

$25M in assets, 283 participants

Universal Bearings, LLC's Universal Bearings LLC Profit Sharing Plan & Trust reported $25M in total assets and 283 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

76th percentile by assets (of 127,072 plans)
#12,588 in Manufacturing (18,722 peers)

Where Universal Bearings LLC Profit Sharing Plan & Trust sits by assets

Universal Bearings LLC Profit Sharing Plan & Trust sits in the top quartile of all filed plans by assets, $25M for 283 participants (~$87,789/participant), up 11.8% in 2023.

$25M
total plan assets (2023 EOY): 283
covered participants: 76th
percentile by assets (of 127,072 plans): $87,789
avg assets per participant

Universal Bearings LLC Profit Sharing Plan & Trust reported net income rose from -$4M in the plan year 2022 filing to $3M in the plan year 2023 filing.
Universal Bearings LLC Profit Sharing Plan & Trust end-of-year assets rose from $22M in the plan year 2022 filing to $25M in the plan year 2023 filing.
Universal Bearings LLC Profit Sharing Plan & Trust reported participants rose from 269 in the plan year 2022 filing to 283 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Indiana

Industry

Manufacturing

Universal Bearings LLC Profit Sharing Plan & Trust vs the 2023 asset distribution

By assets, Universal Bearings LLC Profit Sharing Plan & Trust outranks 76% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$22M
Net Assets (End of Year)	$25M
Net Income	$3M
Employer EIN	260762205
Plan Effective Date	1968-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Universal Bearings, LLC)

Total plan assets by year, all Universal Bearings, LLC plans on file

Year	Plans	Participants	Total Assets
2022	1	269	$22M
2023	1	283	$25M
2024	1	296	$26M

Nearby Profit Sharing Plans in Indiana

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

Universal Bearings LLC Profit Sharing Plan & Trust vs. nearby Profit Sharing plans in Indiana, assets vs. participants

University of Notre Dame 403(b) Retirement Plan $2.4B · 9,969
Indiana State Council of Plasterers & Cement Mason Pension Fund $321M · 1,127
I.B.E.W. Local Union 481 Defined Contribution Plan $268M · 2,820
Cfni Retirement Plan $206M · 6,110
Do It Best Corp. Restated Employees' Savings & Profit Sharing Plan $177M · 1,818

Compare Universal Bearings LLC Profit Sharing Pl… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Universal Bearings LLC Profit Sharing Plan & Trust by total assets, not by location.

South San Francisco Scavenger Co., Inc. Profit Sharing Plan (CA) $25M · 17
The Wooster Brush Company Profit Sharing Plan No. 2 (OH) $25M · 368
Hillcrest Educational Foundation, Inc. 403(b) Plan (MA) $25M · 544
American Society for Quality Retirement Savings Plan (WI) $25M · 141

Frequently Asked Questions

How did Universal Bearings LLC Profit Sharing Plan & Trust assets move in 2023? ▼

Universal Bearings LLC Profit Sharing Plan & Trust grew at a solid clip - up 11.8% during 2023, from $22M to $25M. Reported net income was $3M.

How have Universal Bearings, LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Universal Bearings, LLC's sponsor-wide assets grew 15.5%, from $22M to $26M.

Where does Universal Bearings LLC Profit Sharing Plan & Trust rank by assets among Form 5500 filers? ▼

Universal Bearings LLC Profit Sharing Plan & Trust ranks in the 76th 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 Profit Sharing plans are similar in size to Universal Bearings LLC Profit Sharing Plan & Trust? ▼

Among Profit Sharing plans in other states, the closest by assets is South San Francisco Scavenger Co., Inc. Profit Sharing Plan in CA ($25M, 17 participants).

Next read for Universal Bearings LLC Profit Sharing Pl…

Scale reading

Ways to act on Universal Bearings LLC Profit Sharing Plan & Trust's numbers.

By total assets, Universal Bearings LLC Profit Sharing Plan & Trust 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 Indiana. Compare plans
Universal Bearings, LLC's sponsor-wide assets have grown 15.5% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 260762205.