Profit Sharing · DOL Form 5500 · 2023

Shima American Corporation Profit Sharing Plan

Data updated 2026-08-25

$472K
Total assets Small plan by assets
10
Participants Small participant base
17th
Percentile by assets National rank
$47,235
Avg per participant Low balance/head
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Official DOL plan name: Shima American Employees' Profit Sharing Plan - Third Restated · Sponsored by Shima American Corporation · Illinois · Wholesale Trade

$472K in assets, 10 participants

Shima American Corporation's Shima American Employees' Profit Sharing Plan - Third Restated reported $472K in total assets and 10 participants in its 2023 DOL Form 5500 filing, ranking in the 17th 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.

  • #549 in Wholesale Trade (6,309 peers)

Shima American Corporation multi-year trail

Shima American Corporation's plans moved +31.8% in assets from 2022 to 2024; this filing shows Shima American Employees' Profit Sharing Plan - Third Restated at $472K / 10 participants.

#549
in Wholesale Trade (6,309 peers)
+12.4%
assets growth YoY

Shima American Employees' Profit Sharing Plan - Third Restated among the smaller filed plans by assets

Shima American Employees' Profit Sharing Plan - Third Restated vs every filed plan by assets

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

$472,346 17th percentile higher than 17% 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

Shima American Employees' Profit Sharing Plan - Third Restated among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Shima American Employees' Profit Sharing Plan - Third Restated is a micro filing (10 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Shima American Employees' Profit Sharing Plan - Third Restated reported net income rose from -$95K in the plan year 2022 filing to $52K in the plan year 2023 filing.
  • Shima American Employees' Profit Sharing Plan - Third Restated end-of-year assets rose from $420K in the plan year 2022 filing to $472K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 362498655 · Shima American Corporation PY 2023 · Profit Sharing

Shima American Employees' Profit Sharing Plan - Third Restated · $472K · 10 · 17th

  • SCH $472K
  • SCH 10
  • SCH 17th
  • SCH Profit Sharing
  • SCH near Terranetrix Incorporated Profit Sharing Plan
  • SCH ind #549

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 Wholesale Trade retirement plans → · Plans in Illinois →

Shima American Employees' Profit Sharing Plan - Third Restated in the asset neighbourhood

Shima American Employees' Profit Sharing Plan - Third RestatedShima American Employees' Pr…$472KTerranetrix Incorporated Profit Sharing PlanTerranetrix Incorporated Pro…$473KBrasser Decorating, Inc. Profit Sharing PlanBrasser Decorating, Inc. Pro…$473KFive Twenty Four Inc. Retirement PlanFive Twenty Four Inc. Retire…$472KBaby Mav Inc. Retirement Plan$472K
End-of-year total assets ($M) among Shima American Employees' Profit Sharing Plan - Third Restated and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Shima American Corporation multi-year asset trail

Sponsor-wide plan assets over time

All Shima American Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$554K 31.82591440855201% vs 2022
2024 filing year
$0.4M$0.45M$0.5M$0.55M$0.6M 202220232024 $0.42M $0.55M ▲ +31.0%
Year Plans Participants Total Assets
2022 1 10 $420K
2023 1 10 $472K
2024 1 9 $554K

Shima American Corporation filing trail (2023)

Total Assets (Beginning of Year)$420K
Net Assets (End of Year)$472K
Net Income$52K
Employer EIN362498655
Plan Effective Date1970-04-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Illinois

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

Shima American Employees' Profit Sharing Plan - Third Restated vs. nearby Profit Sharing plans in Illinois, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -101234 Total assets ($B) Participants Shima American Employees' Profit Sharing Plan - Third Restated, Total assets ($B): 0.000472346 · Participants: 10Shima American Employees' Profit Sharing Plan - Third RestatedW. W. Grainger, Inc. Retirement Savings Plan, Total assets ($B): 3.454274218 · Participants: 18524W. W. Grainger, Inc. Retirement Savings PlanElectrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5, Total assets ($B): 3.245353634 · Participants: 23108Electrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5Mcmaster-Carr Supply Company Profit Sharing Trust, Total assets ($B): 2.733520068 · Participants: 4366Mcmaster-Carr Supply Company Profit Sharing TrustMid-America Carpenters Regional Council Supplemental Retirement Plan, Total assets ($B): 1.788799198 · Participants: 16214Mid-America Carpenters Regional Council Supplemental Retirement PlanCarle Foundation Hospital and Affiliates Matching Tsa Plan, Total assets ($B): 1.173752843 · Participants: 15604Carle Foundation Hospital and Affiliates Matching Tsa Plan
Shima American Employees' Profit Sharing Plan - Third Restated vs. nearby Profit Sharing plans in Illinois, assets vs. participants
Compare Shima American Employees' Profit Sharing Plan - Third Restated side-by-side with 3 peers →

Shima American Employees' Profit Sharing Plan - Third Restated's out-of-state Profit Sharing peers by assets and headcount

Outside Illinois, the nearest Profit Sharing by assets is Terranetrix Incorporated Profit Sharing Plan in NJ ($473K); by covered participants it is Dibs Co. Retirement Plan in MA (10 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($472K here).

Similar participant headcount

Nearest other-state filings by covered participants (10 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 Shima American Employees' Profit Sharing Plan - Third Restated assets move in 2023? ▼
Shima American Employees' Profit Sharing Plan - Third Restated grew at a solid clip - up 12.4% during 2023, from $420K to $472K. Reported net income was $52K.
How have Shima American Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Shima American Corporation's sponsor-wide assets grew 31.8%, from $420K to $554K.
Where does Shima American Employees' Profit Sharing Plan - Third Restated rank by assets among Form 5500 filers? ▼
Shima American Employees' Profit Sharing Plan - Third Restated ranks in the 17th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Shima American Employees' Profit Sharing Plan - Third Restated? ▼
Among Profit Sharing plans in other states, the closest by assets is Terranetrix Incorporated Profit Sharing Plan in NJ ($473K, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to Shima American Employees' Profit Sharing Plan - Third Restated? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Dibs Co. Retirement Plan in MA (10 participants, $348K 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 362498655.

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.