Profit Sharing · DOL Form 5500 · 2023

Therm-O-Disc, Inc Profit Sharing Plan

Data updated 2026-08-11

$55M
Total assets
239
Participants
86th
Percentile by assets
$231,219
Avg per participant
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Official DOL plan name: Sensience Retirement and Savings Plan · Sponsored by Therm-O-Disc, Inc · Ohio · Professional & Technical Services

$55M in assets, 239 participants

Therm-O-Disc, Inc's Sensience Retirement and Savings Plan reported $55M in total assets and 239 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 127,072 plans)
  • #17,809 in Professional & Technical Services (20,321 peers)

Coverage in Ohio

Sensience Retirement and Savings Plan covers 239 participants in Ohio, about 31% of the average Ohio filer (state average ~765 per filing). Assets: $55M.

$55M
total plan assets (2023 EOY)
239
covered participants
86th
percentile by assets (of 127,072 plans)
$231,219
avg assets per participant

The plan reported a net loss of $5M 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

  • Sensience Retirement and Savings Plan reported net income rose from -$8M in the plan year 2022 filing to -$5M in the plan year 2023 filing.
  • Sensience Retirement and Savings Plan reported participants rose from N/A in the plan year 2022 filing to 239 in the plan year 2023 filing.
  • Sensience Retirement and Savings Plan end-of-year assets fell from $61M in the plan year 2022 filing to $55M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Sensience Retirement and Savings Plan reports 239 participants - about 31% of that state average ($55M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$61M
Net Assets (End of Year)$55M
Net Income-$5M
Employer EIN340674119
Plan Effective Date2022-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Therm-O-Disc, Inc)

$50M$55M$60M$65M 202220232024 $60.6M $53.1M â–Ľ -12.4%
Total plan assets by year, all Therm-O-Disc, Inc plans on file
Year Plans Participants Total Assets
2022 1 N/A $61M
2023 1 239 $55M
2024 1 149 $53M

Nearby Profit Sharing Plans in Ohio

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

Sensience Retirement and Savings Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants

Sensience Retirement and Savings Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -0.500.511.52 Total assets ($B) Participants Sensience Retirement…Cleveland Clinic Inv…Masterbrand, Inc. Re…The Employer Retirem…Three Rivers Annuity…Holzer Health System…
Sensience Retirement and Savings Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Sensience Retirement and Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Sensience Retirement and Savings Plan assets move in 2023?
Sensience Retirement and Savings Plan pulled back noticeably - down 8.8% during 2023, from $61M to $55M. Reported net income was -$5M.
How have Therm-O-Disc, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Therm-O-Disc, Inc's sponsor-wide assets declined 12.4%, from $61M to $53M.
Where does Sensience Retirement and Savings Plan rank by assets among Form 5500 filers?
Sensience Retirement and Savings Plan ranks in the 86th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Sensience Retirement and Savings Plan?
Among Profit Sharing plans in other states, the closest by assets is Schnuck Markets, Inc. Profit Sharing Plan in MO ($55M, 755 participants).

Filing takeaways

Ways to act on Sensience Retirement and Savings Plan's numbers.