Profit Sharing · DOL Form 5500 · 2023

Pennsylvania Tool Sales & Services Profit Sharing Plan

Data updated 2026-08-11

$55M
Total assets
136
Participants
86th
Percentile by assets
$404,944
Avg per participant
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Official DOL plan name: Pennsylvania Tool Sales & Services Profit Sharing Plan · Sponsored by Pennsylvania Tool Sales & Services · Ohio · Wholesale Trade

$55M in assets, 136 participants

Pennsylvania Tool Sales & Services's Pennsylvania Tool Sales & Services Profit Sharing Plan reported $55M in total assets and 136 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)
  • #5,546 in Wholesale Trade (6,309 peers)

Coverage in Ohio

Pennsylvania Tool Sales & Services Profit Sharing Plan covers 136 participants in Ohio, about 18% of the average Ohio filer (state average ~765 per filing). Assets: $55M.

$55M
total plan assets (2023 EOY)
136
covered participants
86th
percentile by assets (of 127,072 plans)
$404,944
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pennsylvania Tool Sales & Services Profit Sharing Plan reported net income rose from -$9M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Pennsylvania Tool Sales & Services Profit Sharing Plan end-of-year assets rose from $48M in the plan year 2022 filing to $55M in the plan year 2023 filing.
  • Pennsylvania Tool Sales & Services Profit Sharing Plan reported participants fell from 155 in the plan year 2022 filing to 136 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Pennsylvania Tool Sales & Services Profit Sharing Plan reports 136 participants - about 18% of that state average ($55M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$55M
Net Income$7M
Employer EIN251356417
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pennsylvania Tool Sales & Services)

$40M$50M$60M$70M$80M$90M 202220232024 $48M $80.3M ▲ +67.2%
Total plan assets by year, all Pennsylvania Tool Sales & Services plans on file
Year Plans Participants Total Assets
2022 1 155 $48M
2023 2 298 $63M
2024 2 289 $80M

Nearby Profit Sharing Plans in Ohio

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

Pennsylvania Tool Sales & Services Profit Sharing Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants

Pennsylvania Tool Sales & Services Profit Sharing 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 Pennsylvania Tool Sa…Cleveland Clinic Inv…Masterbrand, Inc. Re…The Employer Retirem…Three Rivers Annuity…Holzer Health System…
Pennsylvania Tool Sales & Services Profit Sharing 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 Pennsylvania Tool Sales & Services Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Pennsylvania Tool Sales & Services Profit Sharing Plan assets move in 2023?
Pennsylvania Tool Sales & Services Profit Sharing Plan grew at a solid clip - up 14.7% during 2023, from $48M to $55M. Reported net income was $7M.
How have Pennsylvania Tool Sales & Services plan assets changed over time?
Across 3 plan years on file (2022-2024), Pennsylvania Tool Sales & Services's sponsor-wide assets grew 67.2%, from $48M to $80M.
Where does Pennsylvania Tool Sales & Services Profit Sharing Plan rank by assets among Form 5500 filers?
Pennsylvania Tool Sales & Services Profit Sharing 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 Pennsylvania Tool Sales & Services Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Kazan, Mcclain, Satterley and Greenwood, a Professional Law Corporation Profit Sharing Plan in CA ($55M, 64 participants).

Next read for Pennsylvania Tool Sales & Services Profi…

Filing takeaways

Ways to act on Pennsylvania Tool Sales & Services Profit Sharing Plan's numbers.

  • By total assets, Pennsylvania Tool Sales & Services Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Ohio. Compare plans
  • Pennsylvania Tool Sales & Services's sponsor-wide assets have grown 67.2% since 2022 across 3 plan years on file. More Wholesale Trade plans