401(k) · DOL Form 5500 · 2023

Desco Corporation 401(k) Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size
496
Participants Below avg headcount
81st
Percentile by assets National rank
$69,057
Avg per participant Below avg balance/head
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Official DOL plan name: Desco Corporation Thrift Plan & Trust · Sponsored by Desco Corporation · Ohio · Manufacturing

$34M in assets, 496 participants

Desco Corporation's Desco Corporation Thrift Plan & Trust reported $34M in total assets and 496 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #13,715 in Manufacturing (18,722 peers)

Where Desco Corporation Thrift Plan & Trust sits by assets

Desco Corporation Thrift Plan & Trust sits in the top quartile of all filed plans by assets, $34M for 496 participants (~$69,057/participant), up 5.9% in 2023.

#13,715
in Manufacturing (18,722 peers)
+5.9%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Desco Corporation Thrift Plan & Trust's outsized position by total assets

Desco Corporation Thrift Plan & Trust vs every filed plan by assets

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

$34,252,483 Top 19% higher than 81% 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

Desco Corporation Thrift 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. Desco Corporation Thrift Plan & Trust sits mid-pack in the medium band (496 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Desco Corporation Thrift Plan & Trust reported net income rose from -$10M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Desco Corporation Thrift Plan & Trust reported participants fell from 539 in the plan year 2022 filing to 496 in the plan year 2023 filing.
  • Desco Corporation Thrift Plan & Trust end-of-year assets rose from $32M in the plan year 2022 filing to $34M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 310869325 · Desco Corporation PY 2023 · 401(k)

Desco Corporation Thrift Plan & Trust · $34M · 496 · 81st

  • IND $34M
  • IND 496
  • IND 81st
  • IND 401(k)
  • IND near Coughlan Companies Retirement Plan
  • IND ind #13715

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 Ohio →

Desco Corporation Thrift Plan & Trust in the asset neighbourhood

Danbury Radiological Associate 401(k) Profit Sharing Plan & TrustDanbury Radiological Associa…$34MHuddl3 Group 401(k) Plan$34MDesco Corporation Thrift Plan & TrustDesco Corporation Thrift Pla…$34MCoughlan Companies Retirement PlanCoughlan Companies Retiremen…$34MMygrant Glass Company 401(k) PlanMygrant Glass Company 401(k)…$34M
End-of-year total assets ($M) among Desco Corporation Thrift 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)$32M
Net Assets (End of Year)$34M
Net Income$2M
Employer EIN310869325
Plan Effective Date1973-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Desco Corporation)

Sponsor-wide plan assets over time

All Desco Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$38M 17.83668306653958% vs 2022
2024 filing year
$30M$32M$34M$36M$38M$40M 202220232024 $32.3M $38.1M ▲ +17.8%
Year Plans Participants Total Assets
2022 1 539 $32M
2023 1 496 $34M
2024 1 569 $38M

Nearby 401(k) Plans in Ohio

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

Desco Corporation Thrift Plan & Trust vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Desco Corporation Thrift Plan & Trust, Total assets ($B): 0.034252483 · Participants: 496Desco Corporation Thrift Plan & TrustGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Desco Corporation Thrift Plan & Trust vs. nearby 401(k) plans in Ohio, assets vs. participants

Desco Corporation Thrift Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Coughlan Companies Retirement Plan in MN ($34M); by covered participants it is Slakey Brothers, Inc. Profit Sharing 401(k) Plan in CA (496 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($34M here).

Similar participant headcount

Nearest other-state filings by covered participants (496 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 Desco Corporation Thrift Plan & Trust assets move in 2023?
Desco Corporation Thrift Plan & Trust grew at a solid clip - up 5.9% during 2023, from $32M to $34M. Reported net income was $2M.
How have Desco Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Desco Corporation's sponsor-wide assets grew 17.8%, from $32M to $38M.
Where does Desco Corporation Thrift Plan & Trust rank by assets among Form 5500 filers?
Desco Corporation Thrift Plan & Trust ranks in the 81st 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 Desco Corporation Thrift Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Coughlan Companies Retirement Plan in MN ($34M, 219 participants).
Which 401(k) plans cover a similar participant headcount to Desco Corporation Thrift Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Slakey Brothers, Inc. Profit Sharing 401(k) Plan in CA (496 participants, $41M in assets).