Profit Sharing · DOL Form 5500 · 2023

Fayez Sarofim & Co. Profit Sharing Plan

Data updated 2026-08-25

$217M
Total assets Near avg plan size
134
Participants Small participant base
95th
Percentile by assets National rank
$1.6M
Avg per participant High balance/head
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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.

  • #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.

#8,167
in Finance & Insurance (8,869 peers)
-13.2%
assets change YoY
2.2×
vs typical plan assets (national mean)

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.

Fayez Sarofim & Co. Profit Sharing Plan's outsized position by total assets

Fayez Sarofim & Co. Profit Sharing Plan vs every filed plan by assets

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

$216,935,990 Top 5% higher than 95% 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

Fayez Sarofim & Co. 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. Fayez Sarofim & Co. Profit Sharing Plan sits mid-pack in the medium band (134 participants).

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.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 741312679 · Fayez Sarofim & Co. PY 2023 · Profit Sharing

Fayez Sarofim & Co. Profit Sharing Plan · $217M · 134 · 95th

  • TYPE $217M
  • TYPE 134
  • TYPE 95th
  • TYPE Profit Sharing
  • TYPE near Scansource, Inc. 401(k) Plan
  • TYPE ind #8167

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 Finance & Insurance retirement plans → · Plans in Texas →

Fayez Sarofim & Co. Profit Sharing Plan in the asset neighbourhood

Adventist Health System/West 403(b) ERISA PlanAdventist Health System/West…$219MEnloe Medical Center Defined Contribution Retirement PlanEnloe Medical Center Defined…$218MFayez Sarofim & Co. Profit Sharing PlanFayez Sarofim & Co. Profit S…$217MScansource, Inc. 401(k) Plan$216MSharp Rees-Stealy Medical Group, Inc. Profit Sharing PlanSharp Rees-Stealy Medical Gr…$215M
End-of-year total assets ($M) among Fayez Sarofim & Co. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$250M
Net Assets (End of Year)$217M
Net Income-$33M
Employer EIN741312679
Plan Effective Date1963-03-13
Filing StatusFILING RECEIVED

Sponsor Plan History (Fayez Sarofim & Co.)

Sponsor-wide plan assets over time

All Fayez Sarofim & Co. plans reported in each filing year

Latest sponsor-wide plan assets
$224M 10.263744723650712% vs 2022
2024 filing year
$210M$220M$230M$240M$250M$260M 202220232024 $250M $224M ▼ -10.3%
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 Scatter plot of 6 data points. -50000050000100000150000 -202468 Total assets ($B) Participants Fayez Sarofim & Co. Profit Sharing Plan, Total assets ($B): 0.21693599 · Participants: 134Fayez Sarofim & Co. Profit Sharing PlanSouthwest Airlines Co. Profitsharing Plan, Total assets ($B): 5.82182651 · Participants: 71461Southwest Airlines Co. Profitsharing PlanBaylor College of Medicine Retirement Plan, Total assets ($B): 1.714999292 · Participants: 10240Baylor College of Medicine Retirement PlanH-E-B Partner Stock Plan, Total assets ($B): 1.320262511 · Participants: 96911H-E-B Partner Stock PlanThe Defined Contribution Plan of the Methodist Hospital, Total assets ($B): 0.92297353 · Participants: 29678The Defined Contribution Plan of the Methodist HospitalAmerican Heart Association, Inc. Qualified Retirement Plan, Total assets ($B): 0.456894615 · Participants: 3455American Heart Association, Inc. Qualified Retirement Plan
Fayez Sarofim & Co. Profit Sharing Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants
Compare Fayez Sarofim & Co. Profit Sharing Plan side-by-side with 3 peers →

Fayez Sarofim & Co. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Texas, the nearest Profit Sharing by assets is Scansource, Inc. 401(k) Plan in SC ($216M); by covered participants it is Norland International, Inc 401(k) Plan in NE (134 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (134 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 Fayez Sarofim & Co. Profit Sharing Plan assets move in 2023? ▼
Fayez Sarofim & Co. Profit Sharing Plan pulled back noticeably - down 13.2% during 2023, from $250M to $217M. Reported net income was -$33M.
How have Fayez Sarofim & Co. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Fayez Sarofim & Co.'s sponsor-wide assets declined 10.3%, from $250M to $224M.
Where does Fayez Sarofim & Co. Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Fayez Sarofim & Co. Profit Sharing Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Fayez Sarofim & Co. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Scansource, Inc. 401(k) Plan in SC ($216M, 1,515 participants).
Which Profit Sharing plans cover a similar participant headcount to Fayez Sarofim & Co. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Norland International, Inc 401(k) Plan in NE (134 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 741312679.

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.