Profit Sharing · DOL Form 5500 · 2023

Thatcher Group, Inc. Profit Sharing Plan

Data updated 2026-08-11

$90M
Total assets
405
Participants
90th
Percentile by assets
$221,639
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Thatcher Company Profit Sharing Plan · Sponsored by Thatcher Group, Inc. · Utah · Manufacturing

$90M in assets, 405 participants

Thatcher Group, Inc.'s Thatcher Company Profit Sharing Plan reported $90M in total assets and 405 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 127,072 plans)
  • #16,061 in Manufacturing (18,722 peers)

Where Thatcher Company Profit Sharing Plan sits by assets

Thatcher Company Profit Sharing Plan sits in the top 10% of all filed plans by assets, $90M for 405 participants (~$221,639/participant), up 10.7% in 2023.

$90M
total plan assets (2023 EOY)
405
covered participants
90th
percentile by assets (of 127,072 plans)
$221,639
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Thatcher Company Profit Sharing Plan reported net income rose from -$9M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Thatcher Company Profit Sharing Plan end-of-year assets rose from $81M in the plan year 2022 filing to $90M in the plan year 2023 filing.
  • Thatcher Company Profit Sharing Plan reported participants fell from 430 in the plan year 2022 filing to 405 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Thatcher Company Profit Sharing Plan vs the 2023 asset distribution

By assets, Thatcher Company Profit Sharing Plan outranks 90% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$81M
Net Assets (End of Year)$90M
Net Income$9M
Employer EIN880472619
Plan Effective Date1972-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Thatcher Group, Inc.)

$70M$80M$90M$100M$110M 202220232024 $81.1M $101M ▲ +24.4%
Total plan assets by year, all Thatcher Group, Inc. plans on file
Year Plans Participants Total Assets
2022 1 430 $81M
2023 1 405 $90M
2024 1 536 $101M

Nearby Profit Sharing Plans in Utah

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

Thatcher Company Profit Sharing Plan vs. nearby Profit Sharing plans in Utah, assets vs. participants

Thatcher Company Profit Sharing Plan vs. nearby Profit Sharing plans in Utah, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 0100200300400500 Total assets ($M) Participants Thatcher Company Pro…Wgu Retirement Savin…Dyno Nobel Inc. and …Parsons Behle & Lati…Rio Tinto Alcan 401(…Campbell Scientific …
Thatcher Company Profit Sharing Plan vs. nearby Profit Sharing plans in Utah, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

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

Frequently Asked Questions

How did Thatcher Company Profit Sharing Plan assets move in 2023?
Thatcher Company Profit Sharing Plan grew at a solid clip - up 10.7% during 2023, from $81M to $90M. Reported net income was $9M.
How have Thatcher Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Thatcher Group, Inc.'s sponsor-wide assets grew 24.4%, from $81M to $101M.
Where does Thatcher Company Profit Sharing Plan rank by assets among Form 5500 filers?
Thatcher Company Profit Sharing Plan ranks in the 90th 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 Thatcher Company Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is N.E.C.a.-I.B.E.W. Local Union No. 35 Annuity Plan in CT ($90M, 440 participants).

Next read for Thatcher Company Profit Sharing Plan

Scale reading

Ways to act on Thatcher Company Profit Sharing Plan's numbers.

  • By total assets, Thatcher Company Profit Sharing Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Utah. Compare plans
  • Thatcher Group, Inc.'s sponsor-wide assets have grown 24.4% since 2022 across 3 plan years on file. More Manufacturing plans