Profit Sharing · DOL Form 5500 · 2023

Thatcher Group, Inc. Profit Sharing Plan

Data updated 2026-08-25

$90M
Total assets Below avg plan size
405
Participants Below avg headcount
90th
Percentile by assets National rank
$221,639
Avg per participant Above avg balance/head
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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.

  • #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.

#16,061
in Manufacturing (18,722 peers)
+10.7%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Thatcher Company Profit Sharing Plan's outsized position by total assets

Thatcher Company Profit Sharing Plan vs every filed plan by assets

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

$89,763,948 Top 10% higher than 90% 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

Thatcher Company Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Thatcher Company Profit Sharing Plan sits mid-pack in the medium band (405 participants).

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 →

EBSA filing schedule strip

Filing strip 880472619 · Thatcher Group, Inc. PY 2023 · Profit Sharing

Thatcher Company Profit Sharing Plan · $90M · 405 · 90th

  • TYPE $90M
  • NET 405
  • BOOK 90th
  • VS-ST Profit Sharing
  • BOY near N.E.C.a.-I.B.E.W. Local Union No. 35 Annuity Plan
  • SCH ind #16061

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 Manufacturing retirement plans → · Plans in Utah →

Thatcher Company Profit Sharing Plan in the asset neighbourhood

Buyers Products Company Employees Profit Sharing PlanBuyers Products Company Empl…$90MN.E.C.a.-I.B.E.W. Local Union No. 35 Annuity PlanN.E.C.a.-I.B.E.W. Local Unio…$90MThatcher Company Profit Sharing PlanThatcher Company Profit Shar…$90MIndel/Inductotherm Corp. Profit Sharing PlanIndel/Inductotherm Corp. Pro…$89MIron Workers Local 17 Annuity FundIron Workers Local 17 Annuit…$89M
End-of-year total assets ($M) among Thatcher Company Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

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.)

Sponsor-wide plan assets over time

All Thatcher Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$101M 24.365795575288807% vs 2022
2024 filing year
$70M$80M$90M$100M$110M 202220232024 $81.1M $101M ▲ +24.4%
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 Scatter plot of 6 data points. -20000200040006000800010000 0100200300400500 Total assets ($M) Participants Thatcher Company Profit Sharing Plan, Total assets ($M): 89.763948 · Participants: 405Thatcher Company Profit Sharing PlanWgu Retirement Savings Plan, Total assets ($M): 431.080482 · Participants: 7868Wgu Retirement Savings PlanDyno Nobel Inc. and Subsidiaries Tax Favored Retirement Savings and Investment Plan, Total assets ($M): 320.492816 · Participants: 2460Dyno Nobel Inc. and Subsidiaries Tax Favored Retirement Savings and Investment PlanParsons Behle & Latimer Profit Sharing Plan & Trust, Total assets ($M): 146.57466 · Participants: 265Parsons Behle & Latimer Profit Sharing Plan & TrustRio Tinto Alcan 401(k) Savings Plan for Former Employees, Total assets ($M): 118.450852 · Participants: 0Rio Tinto Alcan 401(k) Savings Plan for Former EmployeesCampbell Scientific Profit Sharing Plan, Total assets ($M): 105.604978 · Participants: 651Campbell Scientific Profit Sharing Plan
Thatcher Company Profit Sharing Plan vs. nearby Profit Sharing plans in Utah, assets vs. participants
Compare Thatcher Company Profit Sharing Plan side-by-side with 3 peers →

Thatcher Company Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Utah, the nearest Profit Sharing by assets is N.E.C.a.-I.B.E.W. Local Union No. 35 Annuity Plan in CT ($90M); by covered participants it is Larson Manufacturing Company Employee Profit Sharing Plan in IL (405 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (405 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 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).
Which Profit Sharing plans cover a similar participant headcount to Thatcher Company Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Larson Manufacturing Company Employee Profit Sharing Plan in IL (405 participants, $105M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 880472619.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.