Profit Sharing · DOL Form 5500 · 2023

Truconic Incorporated Profit Sharing Plan

Data updated 2026-08-25

$518
Total assets Small plan by assets
2
Participants Small participant base
0th
Percentile by assets National rank
$259
Avg per participant Low balance/head
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Official DOL plan name: Truconic Incorporated Retirement Plan · Sponsored by Truconic Incorporated · Alabama · Professional & Technical Services

$518 in assets, 2 participants

Truconic Incorporated's Truconic Incorporated Retirement Plan reported $518 in total assets and 2 participants in its 2023 DOL Form 5500 filing, ranking in the 0th 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.

  • #63 in Professional & Technical Services (20,321 peers)

Truconic Incorporated multi-year trail

Truconic Incorporated's plans moved -99.8% in assets from 2022 to 2023; this filing shows Truconic Incorporated Retirement Plan at $518 / 2 participants.

#63
in Professional & Technical Services (20,321 peers)
-99.8%
assets change YoY

The plan reported a net loss of $278K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Truconic Incorporated Retirement Plan among the smaller filed plans by assets

Truconic Incorporated Retirement Plan vs every filed plan by assets

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

$518 0th percentile higher than 0% 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

Truconic Incorporated Retirement Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Truconic Incorporated Retirement Plan is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Truconic Incorporated Retirement Plan reported net income fell from $21K in the plan year 2022 filing to -$278K in the plan year 2023 filing.
  • Truconic Incorporated Retirement Plan reported participants rose from 1 in the plan year 2022 filing to 2 in the plan year 2023 filing.
  • Truconic Incorporated Retirement Plan end-of-year assets fell from $279K in the plan year 2022 filing to $518 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 825124526 · Truconic Incorporated PY 2023 · Profit Sharing

Truconic Incorporated Retirement Plan · $518 · 2 · 0th

  • TYPE $518
  • TYPE 2
  • TYPE 0th
  • TYPE Profit Sharing
  • TYPE near Rysher Inc. Retirement Plan
  • TYPE ind #63

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 Professional & Technical Services retirement plans → · Plans in Alabama →

Truconic Incorporated Retirement Plan in the asset neighbourhood

Truconic Incorporated Retirement PlanTruconic Incorporated Retire…$518Rysher Inc. Retirement Plan$522Chemical Employees' Profit Sharing PlanChemical Employees' Profit S…$512Epa-Bellehaven Information Inc. Retirement PlanEpa-Bellehaven Information I…$500Illini Ventures, Inc. Profit Sharing PlanIllini Ventures, Inc. Profit…$495
End-of-year total assets ($M) among Truconic Incorporated Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Truconic Incorporated multi-year asset trail

Sponsor-wide plan assets over time

All Truconic Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$518 99.81413439733616% vs 2022
2023 filing year
$0M$0.1M$0.2M$0.3M$0.4M 20222023 $0.28M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 1 $279K
2023 2 3 $518

Truconic Incorporated filing trail (2023)

Total Assets (Beginning of Year)$279K
Net Assets (End of Year)$518
Net Income-$278K
Employer EIN825124526
Plan Effective Date2018-04-08
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Alabama

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

Truconic Incorporated Retirement Plan vs. nearby Profit Sharing plans in Alabama, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -1001020304050 Total assets ($M) Participants Truconic Incorporated Retirement Plan, Total assets ($M): 0.000518 · Participants: 2Truconic Incorporated Retirement PlanThe Health Care Authority for Baptist Health Matching Dollar Plan, Total assets ($M): 44.503015 · Participants: 2207The Health Care Authority for Baptist Health Matching Dollar PlanPathology Associates, P.C. Profit Sharing Plan and Trust, Total assets ($M): 33.014269 · Participants: 42Pathology Associates, P.C. Profit Sharing Plan and TrustRadiology Associates of Dothan, P.a. Profit Sharing Plan, Total assets ($M): 27.308429 · Participants: 16Radiology Associates of Dothan, P.a. Profit Sharing PlanAuto Investment, Inc. 401(k) Plan, Total assets ($M): 23.866265 · Participants: 392Auto Investment, Inc. 401(k) PlanSouthlake Orthopaedics Sports Medicine & Spine Center Profit Sharing Plan, Total assets ($M): 15.424017 · Participants: 103Southlake Orthopaedics Sports Medicine & Spine Center Profit Sharing Plan
Truconic Incorporated Retirement Plan vs. nearby Profit Sharing plans in Alabama, assets vs. participants

Truconic Incorporated Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Alabama, the nearest Profit Sharing by assets is Rysher Inc. Retirement Plan in TN ($522); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2 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 Truconic Incorporated Retirement Plan assets move in 2023?
Truconic Incorporated Retirement Plan contracted severely - down 99.8% during 2023, from $279K to $518. Reported net income was -$278K.
How have Truconic Incorporated plan assets changed over time?
Across 2 plan years on file (2022-2023), Truconic Incorporated's sponsor-wide assets declined 99.8%, from $279K to $518.
Where does Truconic Incorporated Retirement Plan rank by assets among Form 5500 filers?
Truconic Incorporated Retirement Plan ranks in the 0th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Truconic Incorporated Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Rysher Inc. Retirement Plan in TN ($522, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to Truconic Incorporated Retirement Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants, $5M in assets).