Profit Sharing · DOL Form 5500 · 2023

American Welding Society Profit Sharing Plan

Data updated 2026-08-11

$21M
Total assets
140
Participants
73rd
Percentile by assets
$147,174
Avg per participant
PlainRetire home → About this data

Official DOL plan name: American Welding Society 403(b) Retirement Plan · Sponsored by American Welding Society · Florida · Other Services

$21M in assets, 140 participants

American Welding Society's American Welding Society 403(b) Retirement Plan reported $21M in total assets and 140 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.

  • 73rd percentile by assets (of 127,072 plans)
  • #6,714 in Other Services (7,857 peers)

Coverage in Florida

American Welding Society 403(b) Retirement Plan covers 140 participants in Florida, about 22% of the average Florida filer (state average ~628 per filing). Assets: $21M.

$21M
total plan assets (2023 EOY)
140
covered participants
73rd
percentile by assets (of 127,072 plans)
$147,174
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • American Welding Society 403(b) Retirement Plan reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • American Welding Society 403(b) Retirement Plan end-of-year assets rose from $18M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • American Welding Society 403(b) Retirement Plan reported participants fell from 146 in the plan year 2022 filing to 140 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. American Welding Society 403(b) Retirement Plan reports 140 participants - about 22% of that state average ($21M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$21M
Net Income$3M
Employer EIN130434890
Plan Effective Date2001-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Welding Society)

$15M$20M$25M$30M 202220232024 $17.5M $24.6M ▲ +40.2%
Total plan assets by year, all American Welding Society plans on file
Year Plans Participants Total Assets
2022 1 146 $18M
2023 1 140 $21M
2024 1 155 $25M

Nearby Profit Sharing Plans in Florida

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

American Welding Society 403(b) Retirement Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants

American Welding Society 403(b) Retirement Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants American Welding Soc…Retirement Wealth Bu…Raymond James Financ…Orlando Health, Inc.…Shands Health Care M…American Maritime Of…
American Welding Society 403(b) Retirement Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to American Welding Society 403(b) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did American Welding Society 403(b) Retirement Plan assets move in 2023?
American Welding Society 403(b) Retirement Plan grew sharply - up 17.5% during 2023, from $18M to $21M. Reported net income was $3M.
How have American Welding Society plan assets changed over time?
Across 3 plan years on file (2022-2024), American Welding Society's sponsor-wide assets grew 40.2%, from $18M to $25M.
Which Profit Sharing plans are similar in size to American Welding Society 403(b) Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Nachri Defined Contribution Plan in KS ($21M, 114 participants).

Next read for American Welding Society 403(b) Retireme…

Filing takeaways

Ways to act on American Welding Society 403(b) Retirement Plan's numbers.

  • By total assets, American Welding Society 403(b) Retirement Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Florida. Compare plans
  • American Welding Society's sponsor-wide assets have grown 40.2% since 2022 across 3 plan years on file. More Other Services plans