Profit Sharing · DOL Form 5500 · 2023

Universal Bearings, LLC Profit Sharing Plan

Data updated 2026-08-25

$25M
Total assets Small plan by assets
283
Participants Below avg headcount
76th
Percentile by assets National rank
$87,789
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#12,588
in Manufacturing (18,722 peers)
+11.8%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Universal Bearings LLC Profit Sharing Plan & Trust's outsized position by total assets

Universal Bearings LLC Profit Sharing Plan & Trust vs every filed plan by assets

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

$24,844,311 Top 24% higher than 76% 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

Universal Bearings LLC 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. Universal Bearings LLC Profit Sharing Plan & Trust sits mid-pack in the medium band (283 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 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 →

Plan-year Form 5500 strip

Filing strip 260762205 · Universal Bearings, LLC PY 2023 · Profit Sharing

Universal Bearings LLC Profit Sharing Plan & Trust · $25M · 283 · 76th

  • PHOTO $25M
  • PHOTO 283
  • PHOTO 76th
  • PHOTO Profit Sharing
  • PHOTO near South San Francisco Scavenger Co., Inc. Profit Sharing Plan
  • PHOTO ind #12588

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 Manufacturing retirement plans → · Plans in Indiana →

Universal Bearings LLC Profit Sharing Plan & Trust in the asset neighbourhood

Hillcrest Educational Foundation, Inc. 403(b) PlanHillcrest Educational Founda…$25MThe Wooster Brush Company Profit Sharing Plan No. 2The Wooster Brush Company Pr…$25MUniversal Bearings LLC Profit Sharing Plan & TrustUniversal Bearings LLC Profi…$25MSouth San Francisco Scavenger Co., Inc. Profit Sharing PlanSouth San Francisco Scavenge…$25MAmerican Society for Quality Retirement Savings PlanAmerican Society for Quality…$25M
End-of-year total assets ($M) among Universal Bearings LLC Profit Sharing Plan & Trust and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$25M
Net Income$3M
Employer EIN260762205
Plan Effective Date1968-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Universal Bearings, LLC)

Sponsor-wide plan assets over time

All Universal Bearings, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$26M 15.492091968542038% vs 2022
2024 filing year
$20M$22M$24M$26M$28M 202220232024 $22.2M $25.7M ▲ +15.5%
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 Scatter plot of 6 data points. -5000050001000015000 -10123 Total assets ($B) Participants Universal Bearings LLC Profit Sharing Plan & Trust, Total assets ($B): 0.024844311 · Participants: 283Universal Bearings LLC Profit Sharing Plan & TrustUniversity of Notre Dame 403(b) Retirement Plan, Total assets ($B): 2.360767219 · Participants: 9969University of Notre Dame 403(b) Retirement PlanIndiana State Council of Plasterers & Cement Mason Pension Fund, Total assets ($B): 0.321097243 · Participants: 1127Indiana State Council of Plasterers & Cement Mason Pension FundI.B.E.W. Local Union 481 Defined Contribution Plan, Total assets ($B): 0.268369786 · Participants: 2820I.B.E.W. Local Union 481 Defined Contribution PlanCfni Retirement Plan, Total assets ($B): 0.206190521 · Participants: 6110Cfni Retirement PlanDo It Best Corp. Restated Employees' Savings & Profit Sharing Plan, Total assets ($B): 0.177440898 · Participants: 1818Do It Best Corp. Restated Employees' Savings & Profit Sharing Plan
Universal Bearings LLC Profit Sharing Plan & Trust vs. nearby Profit Sharing plans in Indiana, assets vs. participants
Compare Universal Bearings LLC Profit Sharing Plan & Trust side-by-side with 3 peers →

Universal Bearings LLC Profit Sharing Plan & Trust's out-of-state Profit Sharing peers by assets and headcount

Outside Indiana, the nearest Profit Sharing by assets is South San Francisco Scavenger Co., Inc. Profit Sharing Plan in CA ($25M); by covered participants it is Presbyterian Homes in the Presbytery of Lake Erie Profit Sharing Plan in PA (283 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (283 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 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).
Which Profit Sharing plans cover a similar participant headcount to Universal Bearings LLC Profit Sharing Plan & Trust? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Presbyterian Homes in the Presbytery of Lake Erie Profit Sharing Plan in PA (283 participants, $956K in assets).

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.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.