Profit Sharing · DOL Form 5500 · 2023
Indel Inc. Profit Sharing Plan
Data updated 2026-08-11
- $89M
- Total assets
- 214
- Participants
- 90th
- Percentile by assets
- $416,487
- Avg per participant
Official DOL plan name: Indel/Inductotherm Corp. Profit Sharing Plan · Sponsored by Indel Inc. · New Jersey · Management of Enterprises
$89M in assets, 214 participants
Indel Inc.'s Indel/Inductotherm Corp. Profit Sharing Plan reported $89M in total assets and 214 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.
- 90th percentile by assets (of 127,072 plans)
- #855 in Management of Enterprises (1,137 peers)
Coverage in New Jersey
Indel/Inductotherm Corp. Profit Sharing Plan covers 214 participants in New Jersey, about 25% of the average New Jersey filer (state average ~844 per filing). Assets: $89M.
- $89M
- total plan assets (2023 EOY)
- 214
- covered participants
- 90th
- percentile by assets (of 127,072 plans)
- $416,487
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Indel/Inductotherm Corp. Profit Sharing Plan reported net income rose from -$18M in the plan year 2022 filing to $7M in the plan year 2023 filing.
- Indel/Inductotherm Corp. Profit Sharing Plan end-of-year assets rose from $83M in the plan year 2022 filing to $89M in the plan year 2023 filing.
- Indel/Inductotherm Corp. Profit Sharing Plan reported participants fell from 223 in the plan year 2022 filing to 214 in the plan year 2023 filing.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Indel/Inductotherm Corp. Profit Sharing Plan reports 214 participants - about 25% of that state average ($89M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $83M |
|---|---|
| Net Assets (End of Year) | $89M |
| Net Income | $7M |
| Employer EIN | 210677939 |
| Plan Effective Date | 2014-09-26 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Indel Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 223 | $83M |
| 2023 | 1 | 214 | $89M |
| 2024 | 1 | 215 | $99M |
Nearby Profit Sharing Plans in New Jersey
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Indel/Inductotherm Corp. Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants
- Ernst & Young Partnership Retirement (Hr-10) Plan $2.5B · 1,843
- Operating Engineers Local 825 Profit Sharing Fund $1.4B · 10,336
- Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan $1.4B · 8,602
- IBEW Local Union No 102 Surety Plan $637M · 2,283
- Kpmg Partner Retirement Savings Plan $529M · 1,895
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Indel/Inductotherm Corp. Profit Sharing Plan by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on Indel/Inductotherm Corp. Profit Sharing Plan's numbers.
- By total assets, Indel/Inductotherm Corp. Profit Sharing Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in New Jersey. Compare plans
- Indel Inc.'s sponsor-wide assets have grown 20.0% since 2022 across 3 plan years on file. More Management of Enterprises plans