Profit Sharing · DOL Form 5500 · 2023

Taitco, Inc. Profit Sharing Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
19
Participants Small participant base
27th
Percentile by assets National rank
$79,603
Avg per participant Below avg balance/head
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Official DOL plan name: Tait Roofing Co., Inc. Profit Sharing Plan · Sponsored by Taitco, Inc. · New Jersey · Construction

$2M in assets, 19 participants

Taitco, Inc.'s Tait Roofing Co., Inc. Profit Sharing Plan reported $2M in total assets and 19 participants in its 2023 DOL Form 5500 filing, ranking in the 27th 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.

  • #2,281 in Construction (9,030 peers)

What the 2023 filing shows

Tait Roofing Co., Inc. Profit Sharing Plan holds $2M for 19 participants - about $79,603 per participant, in the lower half of filed plans by assets.

#2,281
in Construction (9,030 peers)
+1.1%
assets growth YoY

Tait Roofing Co., Inc. Profit Sharing Plan among the smaller filed plans by assets

Tait Roofing Co., Inc. Profit Sharing Plan vs every filed plan by assets

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

$1,512,456 27th percentile higher than 27% 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

Tait Roofing Co., Inc. Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tait Roofing Co., Inc. Profit Sharing Plan is a small filing (19 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tait Roofing Co., Inc. Profit Sharing Plan reported net income rose from -$240K in the plan year 2022 filing to $17K in the plan year 2023 filing.
  • Tait Roofing Co., Inc. Profit Sharing Plan reported participants rose from 18 in the plan year 2022 filing to 19 in the plan year 2023 filing.
  • Tait Roofing Co., Inc. Profit Sharing Plan end-of-year assets rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 222142088 · Taitco, Inc. PY 2023 · Profit Sharing

Tait Roofing Co., Inc. Profit Sharing Plan · $2M · 19 · 27th

  • BOY $2M
  • BOY 19
  • BOY 27th
  • BOY Profit Sharing
  • BOY near Erwin E. Tang Profit Sharing Plan
  • BOY ind #2281

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 Construction retirement plans → · Plans in New Jersey →

Tait Roofing Co., Inc. Profit Sharing Plan in the asset neighbourhood

Tait Roofing Co., Inc. Profit Sharing PlanTait Roofing Co., Inc. Profi…$2MErwin E. Tang Profit Sharing PlanErwin E. Tang Profit Sharing…$2MReed Automotive Service, Inc. Retirement PlanReed Automotive Service, Inc…$2MSuny Polytechnic Institute Auxiliary Services CorpSuny Polytechnic Institute A…$2MElectro-Spec, Inc. Profit Sharing Plan &trustElectro-Spec, Inc. Profit Sh…$2M
End-of-year total assets ($M) among Tait Roofing Co., Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$2M
Net Income$17K
Employer EIN222142088
Plan Effective Date1976-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Taitco, Inc.)

Sponsor-wide plan assets over time

All Taitco, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 3.5588266563959983% vs 2022
2024 filing year
$1.48M$1.5M$1.52M$1.54M$1.56M 202220232024 $1.5M $1.55M ▲ +3.3%
Year Plans Participants Total Assets
2022 1 18 $1M
2023 1 19 $2M
2024 1 21 $2M

Nearby Profit Sharing Plans in New Jersey

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

Tait Roofing Co., Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -10123 Total assets ($B) Participants Tait Roofing Co., Inc. Profit Sharing Plan, Total assets ($B): 0.001512456 · Participants: 19Tait Roofing Co., Inc. 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
Tait Roofing Co., Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Tait Roofing Co., Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New Jersey, the nearest Profit Sharing by assets is Erwin E. Tang Profit Sharing Plan in TX ($2M); by covered participants it is Profit Sharing Plan for Employees of Moore Brothers Construction Company in TX (19 participants). Same-state nearby plans are listed separately above.

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 Tait Roofing Co., Inc. Profit Sharing Plan assets move in 2023?
Tait Roofing Co., Inc. Profit Sharing Plan edged up modestly - up 1.1% during 2023, from $1M to $2M. Reported net income was $17K.
How have Taitco, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Taitco, Inc.'s sponsor-wide assets grew 3.6%, from $1M to $2M.
Which Profit Sharing plans are similar in size to Tait Roofing Co., Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Erwin E. Tang Profit Sharing Plan in TX ($2M, 4 participants).
Which Profit Sharing plans cover a similar participant headcount to Tait Roofing Co., Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Profit Sharing Plan for Employees of Moore Brothers Construction Company in TX (19 participants, N/A in assets).