401(k) · DOL Form 5500 · 2023

Thrifty Iron Works, Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
100
Participants Small participant base
39th
Percentile by assets National rank
$36,561
Avg per participant Low balance/head
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Official DOL plan name: Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan · Sponsored by Thrifty Iron Works, Inc. · Maryland · Construction

$4M in assets, 100 participants

Thrifty Iron Works, Inc.'s Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan reported $4M in total assets and 100 participants in its 2023 DOL Form 5500 filing, ranking in the 39th 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.

  • #3,309 in Construction (9,030 peers)

Coverage in Maryland

Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan covers 100 participants in Maryland, about 11% of the average Maryland filer (state average ~929 per filing). Assets: $4M.

#3,309
in Construction (9,030 peers)
+1.4%
assets growth YoY

Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$3,656,077 39th percentile higher than 39% 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

Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan is a small filing (100 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan reported net income fell from $118K in the plan year 2022 filing to $50K in the plan year 2023 filing.
  • Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan reported participants fell from 105 in the plan year 2022 filing to 100 in the plan year 2023 filing.
  • Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $4M in the plan year 2022 filing to $4M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 520976656 · Thrifty Iron Works, Inc. PY 2023 · 401(k)

Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan · $4M · 100 · 39th

  • PHOTO $4M
  • IND 100
  • EOY 39th
  • 5500 401(k)
  • ASSETS near Millard Holdings 401(k) Plan
  • PCT ind #3309

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 Construction retirement plans → · Plans in Maryland →

Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Thrifty Iron Works, Inc. 401(k) Profit Sharing PlanThrifty Iron Works, Inc. 401…$4MMillard Holdings 401(k) Plan$4MMomentus 401(k) Plan$4MPmg Retirement Savings Plan$4MGwr Equities, LLC$4M
End-of-year total assets ($M) among Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income$50K
Employer EIN520976656
Plan Effective Date1995-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Thrifty Iron Works, Inc.)

Sponsor-wide plan assets over time

All Thrifty Iron Works, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 5.127317684370617% vs 2022
2024 filing year
$3.3M$3.4M$3.5M$3.6M$3.7M 202220232024 $3.61M $3.42M ▼ -5.3%
Year Plans Participants Total Assets
2022 1 105 $4M
2023 1 100 $4M
2024 1 82 $3M

Nearby 401(k) Plans in Maryland

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.003656077 · Participants: 100Thrifty Iron Works, Inc. 401(k) Profit Sharing PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Millard Holdings 401(k) Plan in NE ($4M); by covered participants it is Carteret Management Corporation 401(k) Plan in FL (100 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Similar participant headcount

Nearest other-state filings by covered participants (100 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 Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan edged up modestly - up 1.4% during 2023, from $4M to $4M. Reported net income was $50K.
How have Thrifty Iron Works, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Thrifty Iron Works, Inc.'s sponsor-wide assets declined 5.1%, from $4M to $3M.
Which 401(k) plans are similar in size to Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Millard Holdings 401(k) Plan in NE ($4M, 29 participants).
Which 401(k) plans cover a similar participant headcount to Thrifty Iron Works, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Carteret Management Corporation 401(k) Plan in FL (100 participants, $370K 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 520976656.

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.