Profit Sharing · DOL Form 5500 · 2023

Fortune Brands Innovations, Inc. Profit Sharing Plan

Data updated 2026-08-11

$105M
Total assets
405
Participants
92nd
Percentile by assets
$258,547
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Larson Manufacturing Company Employee Profit Sharing Plan · Sponsored by Fortune Brands Innovations, Inc. · Illinois · Manufacturing

$105M in assets, 405 participants

Fortune Brands Innovations, Inc.'s Larson Manufacturing Company Employee Profit Sharing Plan reported $105M in total assets and 405 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 127,072 plans)
  • #16,343 in Manufacturing (18,722 peers)

Where Larson Manufacturing Company Employee Profit Sharing Plan sits by assets

Larson Manufacturing Company Employee Profit Sharing Plan sits in the top 10% of all filed plans by assets, $105M for 405 participants (~$258,547/participant), down 6.6% in 2023.

$105M
total plan assets (2023 EOY)
405
covered participants
92nd
percentile by assets (of 127,072 plans)
$258,547
avg assets per participant

The plan reported a net loss of $7M 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

  • Larson Manufacturing Company Employee Profit Sharing Plan reported net income rose from -$75M in the plan year 2022 filing to -$7M in the plan year 2023 filing.
  • Larson Manufacturing Company Employee Profit Sharing Plan reported participants fell from 670 in the plan year 2022 filing to 405 in the plan year 2023 filing.
  • Larson Manufacturing Company Employee Profit Sharing Plan end-of-year assets fell from $112M in the plan year 2022 filing to $105M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Larson Manufacturing Company Employee Profit Sharing Plan vs the 2023 asset distribution

By assets, Larson Manufacturing Company Employee Profit Sharing Plan outranks 92% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$112M
Net Assets (End of Year)$105M
Net Income-$7M
Employer EIN460278504
Plan Effective Date1966-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fortune Brands Innovations, Inc.)

$95M$100M$105M$110M$115M 202220232024 $112M $101M â–Ľ -9.9%
Total plan assets by year, all Fortune Brands Innovations, Inc. plans on file
Year Plans Participants Total Assets
2022 1 670 $112M
2023 1 405 $105M
2024 1 352 $101M

Nearby Profit Sharing Plans in Illinois

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Larson Manufacturing Company Employee Profit Sharing Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Larson Manufacturing Company Employee Profit Sharing Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -101234 Total assets ($B) Participants Larson Manufacturing…W. W. Grainger, Inc.…Electrical Contracto…Mcmaster-Carr Supply…Mid-America Carpente…Carle Foundation Hos…
Larson Manufacturing Company Employee Profit Sharing Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Larson Manufacturing Company Employee Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Larson Manufacturing Company Employee Profit Sharing Plan assets move in 2023?
Larson Manufacturing Company Employee Profit Sharing Plan pulled back noticeably - down 6.6% during 2023, from $112M to $105M. Reported net income was -$7M.
How have Fortune Brands Innovations, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Fortune Brands Innovations, Inc.'s sponsor-wide assets declined 9.9%, from $112M to $101M.
Where does Larson Manufacturing Company Employee Profit Sharing Plan rank by assets among Form 5500 filers?
Larson Manufacturing Company Employee Profit Sharing Plan ranks in the 92nd 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 Larson Manufacturing Company Employee Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Kipp DC Retirement Plan in DC ($105M, 1,300 participants).

Next read for Larson Manufacturing Company Employee Pr…

Scale reading

Ways to act on Larson Manufacturing Company Employee Profit Sharing Plan's numbers.