Profit Sharing · DOL Form 5500 · 2023

Indel Inc. Profit Sharing Plan

Data updated 2026-08-25

$89M
Total assets Below avg plan size
214
Participants Below avg headcount
90th
Percentile by assets National rank
$416,487
Avg per participant High balance/head
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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.

  • #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.

#855
in Management of Enterprises (1,137 peers)
+8.0%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Indel/Inductotherm Corp. Profit Sharing Plan's outsized position by total assets

Indel/Inductotherm Corp. Profit Sharing Plan vs every filed plan by assets

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

$89,128,232 Top 10% higher than 90% 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

Indel/Inductotherm Corp. Profit Sharing Plan 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. Indel/Inductotherm Corp. Profit Sharing Plan sits mid-pack in the medium band (214 participants).

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.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 210677939 · Indel Inc. PY 2023 · Profit Sharing

Indel/Inductotherm Corp. Profit Sharing Plan · $89M · 214 · 90th

  • EIN $89M
  • RANK 214
  • PHOTO 90th
  • IND Profit Sharing
  • EOY near Iron Workers Local 17 Annuity Fund
  • 5500 ind #855

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 Management of Enterprises retirement plans → · Plans in New Jersey →

Indel/Inductotherm Corp. Profit Sharing Plan in the asset neighbourhood

N.E.C.a.-I.B.E.W. Local Union No. 35 Annuity PlanN.E.C.a.-I.B.E.W. Local Unio…$90MThatcher Company Profit Sharing PlanThatcher Company Profit Shar…$90MIndel/Inductotherm Corp. Profit Sharing PlanIndel/Inductotherm Corp. Pro…$89MIron Workers Local 17 Annuity FundIron Workers Local 17 Annuit…$89MSouthern New Hampshire Medical Center 401(a) Retirement Savings Plus PlanSouthern New Hampshire Medic…$89M
End-of-year total assets ($M) among Indel/Inductotherm Corp. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$83M
Net Assets (End of Year)$89M
Net Income$7M
Employer EIN210677939
Plan Effective Date2014-09-26
Filing StatusFILING RECEIVED

Sponsor Plan History (Indel Inc.)

Sponsor-wide plan assets over time

All Indel Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$99M 20.04562648269322% vs 2022
2024 filing year
$80M$85M$90M$95M$100M$105M 202220232024 $82.6M $99.1M ▲ +20.0%
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 Scatter plot of 6 data points. -5000050001000015000 -10123 Total assets ($B) Participants Indel/Inductotherm Corp. Profit Sharing Plan, Total assets ($B): 0.089128232 · Participants: 214Indel/Inductotherm Corp. Profit Sharing PlanErnst & Young Partnership Retirement (Hr-10) Plan, Total assets ($B): 2.4875433 · Participants: 1843Ernst & Young Partnership Retirement (Hr-10) PlanOperating Engineers Local 825 Profit Sharing Fund, Total assets ($B): 1.438796802 · Participants: 10336Operating Engineers Local 825 Profit Sharing FundHeavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan, Total assets ($B): 1.401252704 · Participants: 8602Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity PlanIBEW Local Union No 102 Surety Plan, Total assets ($B): 0.637415895 · Participants: 2283IBEW Local Union No 102 Surety PlanKpmg Partner Retirement Savings Plan, Total assets ($B): 0.529416194 · Participants: 1895Kpmg Partner Retirement Savings Plan
Indel/Inductotherm Corp. Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants
Compare Indel/Inductotherm Corp. Profit Sharing Plan side-by-side with 3 peers →

Indel/Inductotherm Corp. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New Jersey, the nearest Profit Sharing by assets is Iron Workers Local 17 Annuity Fund in MI ($89M); by covered participants it is Weaver Brothers, Inc. Profit Sharing Plan in OH (214 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (214 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 Indel/Inductotherm Corp. Profit Sharing Plan assets move in 2023? ▼
Indel/Inductotherm Corp. Profit Sharing Plan grew at a solid clip - up 8.0% during 2023, from $83M to $89M. Reported net income was $7M.
How have Indel Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Indel Inc.'s sponsor-wide assets grew 20.0%, from $83M to $99M.
Where does Indel/Inductotherm Corp. Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Indel/Inductotherm Corp. Profit Sharing Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Indel/Inductotherm Corp. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Iron Workers Local 17 Annuity Fund in MI ($89M, 1,160 participants).
Which Profit Sharing plans cover a similar participant headcount to Indel/Inductotherm Corp. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Weaver Brothers, Inc. Profit Sharing Plan in OH (214 participants, $5M 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 210677939.

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.