401(k) · DOL Form 5500 · 2023

Spencer Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
209
Participants Below avg headcount
72nd
Percentile by assets National rank
$89,982
Avg per participant Below avg balance/head
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Official DOL plan name: Spencer Industries, Inc. Employee Retirement Savings Plan · Sponsored by Spencer Industries, Inc. · Indiana · Manufacturing

$19M in assets, 209 participants

Spencer Industries, Inc.'s Spencer Industries, Inc. Employee Retirement Savings Plan reported $19M in total assets and 209 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

  • #11,425 in Manufacturing (18,722 peers)

Coverage in Indiana

Spencer Industries, Inc. Employee Retirement Savings Plan covers 209 participants in Indiana, about 39% of the average Indiana filer (state average ~541 per filing). Assets: $19M.

#11,425
in Manufacturing (18,722 peers)
+16.0%
assets growth YoY

Spencer Industries, Inc. Employee Retirement Savings Plan's outsized position by total assets

Spencer Industries, Inc. Employee Retirement Savings Plan vs every filed plan by assets

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

$18,806,232 Top 28% higher than 72% 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

Spencer Industries, Inc. Employee Retirement Savings 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. Spencer Industries, Inc. Employee Retirement Savings Plan sits mid-pack in the medium band (209 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Spencer Industries, Inc. Employee Retirement Savings Plan reported net income rose from -$4M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Spencer Industries, Inc. Employee Retirement Savings Plan end-of-year assets rose from $16M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Spencer Industries, Inc. Employee Retirement Savings Plan reported participants rose from 205 in the plan year 2022 filing to 209 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 351504846 · Spencer Industries, Inc. PY 2023 · 401(k)

Spencer Industries, Inc. Employee Retirement Savings Plan · $19M · 209 · 72nd

  • EOY $19M
  • EOY 209
  • EOY 72nd
  • EOY 401(k)
  • EOY near Prime Holdings Insurance Services, Inc. 401(k) Profit Sharing Plan
  • EOY ind #11425

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 Indiana →

Spencer Industries, Inc. Employee Retirement Savings Plan in the asset neighbourhood

Spencer Industries, Inc. Employee Retirement Savings PlanSpencer Industries, Inc. Emp…$19MPrime Holdings Insurance Services, Inc. 401(k) Profit Sharing PlanPrime Holdings Insurance Ser…$19MElford, Inc. 401(k) Plan$19MSecurity Mutual Life Insurance Company of New York Career Agents' Profit Sharing PlanSecurity Mutual Life Insuran…$19MSilverado Contractors, Inc. 401(k) PlanSilverado Contractors, Inc. …$19M
End-of-year total assets ($M) among Spencer Industries, Inc. Employee Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$19M
Net Income$3M
Employer EIN351504846
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Spencer Industries, Inc.)

Sponsor-wide plan assets over time

All Spencer Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 29.523317547340245% vs 2022
2024 filing year
$14M$16M$18M$20M$22M 202220232024 $16.2M $21M ▲ +29.5%
Year Plans Participants Total Assets
2022 1 205 $16M
2023 1 209 $19M
2024 1 213 $21M

Nearby 401(k) Plans in Indiana

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

Spencer Industries, Inc. Employee Retirement Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Spencer Industries, Inc. Employee Retirement Savings Plan, Total assets ($B): 0.018806232 · Participants: 209Spencer Industries, Inc. Employee Retirement Savings PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Spencer Industries, Inc. Employee Retirement Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Spencer Industries, Inc. Employee Retirement Savings Plan side-by-side with 3 peers →

Spencer Industries, Inc. Employee Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Prime Holdings Insurance Services, Inc. 401(k) Profit Sharing Plan in UT ($19M); by covered participants it is 1650 Broadway Associates, Inc. 401(k) Plan in NY (209 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (209 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 Spencer Industries, Inc. Employee Retirement Savings Plan assets move in 2023? ▼
Spencer Industries, Inc. Employee Retirement Savings Plan grew sharply - up 16.0% during 2023, from $16M to $19M. Reported net income was $3M.
How have Spencer Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Spencer Industries, Inc.'s sponsor-wide assets grew 29.5%, from $16M to $21M.
Which 401(k) plans are similar in size to Spencer Industries, Inc. Employee Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Prime Holdings Insurance Services, Inc. 401(k) Profit Sharing Plan in UT ($19M, 227 participants).
Which 401(k) plans cover a similar participant headcount to Spencer Industries, Inc. Employee Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is 1650 Broadway Associates, Inc. 401(k) Plan in NY (209 participants, $323K 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 351504846.

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.