Profit Sharing · DOL Form 5500 · 2023
Fayez Sarofim & Co. Profit Sharing Plan
Data updated 2026-08-11
- $217M
- Total assets
- 134
- Participants
- 95th
- Percentile by assets
- $1.6M
- Avg per participant
Official DOL plan name: Fayez Sarofim & Co. Profit Sharing Plan · Sponsored by Fayez Sarofim & Co. · Texas · Finance & Insurance
$217M in assets, 134 participants
Fayez Sarofim & Co.'s Fayez Sarofim & Co. Profit Sharing Plan reported $217M in total assets and 134 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.
- 95th percentile by assets (of 127,072 plans)
- #8,167 in Finance & Insurance (8,869 peers)
Coverage in Texas
Fayez Sarofim & Co. Profit Sharing Plan covers 134 participants in Texas, about 19% of the average Texas filer (state average ~688 per filing). Assets: $217M.
- $217M
- total plan assets (2023 EOY)
- 134
- covered participants
- 95th
- percentile by assets (of 127,072 plans)
- $1.6M
- avg assets per participant
The plan reported a net loss of $33M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Fayez Sarofim & Co. Profit Sharing Plan reported net income fell from -$18M in the plan year 2022 filing to -$33M in the plan year 2023 filing.
- Fayez Sarofim & Co. Profit Sharing Plan end-of-year assets fell from $250M in the plan year 2022 filing to $217M in the plan year 2023 filing.
Participants vs Texas filers
In Texas, the average filing covers about 688 participants across 10,116 plans. Fayez Sarofim & Co. Profit Sharing Plan reports 134 participants - about 19% of that state average ($217M EOY assets).
Texas filing particulars
| Total Assets (Beginning of Year) | $250M |
|---|---|
| Net Assets (End of Year) | $217M |
| Net Income | -$33M |
| Employer EIN | 741312679 |
| Plan Effective Date | 1963-03-13 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Fayez Sarofim & Co.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 134 | $250M |
| 2023 | 1 | 134 | $217M |
| 2024 | 1 | 124 | $224M |
Nearby Profit Sharing Plans in Texas
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Fayez Sarofim & Co. Profit Sharing Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants
- Southwest Airlines Co. Profitsharing Plan $5.8B · 71,461
- Baylor College of Medicine Retirement Plan $1.7B · 10,240
- H-E-B Partner Stock Plan $1.3B · 96,911
- The Defined Contribution Plan of the Methodist Hospital $923M · 29,678
- American Heart Association, Inc. Qualified Retirement Plan $457M · 3,455
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Fayez Sarofim & Co. Profit Sharing Plan by total assets, not by location.
- Scansource, Inc. 401(k) Plan (SC) $216M · 1,515
- Enloe Medical Center Defined Contribution Retirement Plan (CA) $218M · 3,162
- Sharp Rees-Stealy Medical Group, Inc. Profit Sharing Plan (CA) $215M · 337
- Adventist Health System/West 403(b) ERISA Plan (CA) $219M · 1,615
Frequently Asked Questions
How did Fayez Sarofim & Co. Profit Sharing Plan assets move in 2023? ▼
How have Fayez Sarofim & Co. plan assets changed over time? ▼
Where does Fayez Sarofim & Co. Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Fayez Sarofim & Co. Profit Sharing Plan? ▼
Next read for Fayez Sarofim & Co. Profit Sharing Plan
Filing takeaways
Ways to act on Fayez Sarofim & Co. Profit Sharing Plan's numbers.
- By total assets, Fayez Sarofim & Co. Profit Sharing Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Texas. Compare plans
- Fayez Sarofim & Co.'s sponsor-wide assets have declined 10.3% since 2022 across 3 plan years on file. More Finance & Insurance plans