Profit Sharing · DOL Form 5500 · 2023
Global Tungsten & Powders LLC Profit Sharing Plan
Data updated 2026-08-11
- $18M
- Total assets
- 274
- Participants
- 71st
- Percentile by assets
- $65,582
- Avg per participant
Official DOL plan name: Gtp Retirement Plan · Sponsored by Global Tungsten & Powders LLC · Pennsylvania · Manufacturing
$18M in assets, 274 participants
Global Tungsten & Powders LLC's Gtp Retirement Plan reported $18M in total assets and 274 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.
- 71st percentile by assets (of 127,072 plans)
- #11,219 in Manufacturing (18,722 peers)
Coverage in Pennsylvania
Gtp Retirement Plan covers 274 participants in Pennsylvania, about 33% of the average Pennsylvania filer (state average ~822 per filing). Assets: $18M.
- $18M
- total plan assets (2023 EOY)
- 274
- covered participants
- 71st
- percentile by assets (of 127,072 plans)
- $65,582
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Gtp Retirement Plan reported net income rose from $661K in the plan year 2022 filing to $3M in the plan year 2023 filing.
- Gtp Retirement Plan end-of-year assets rose from $15M in the plan year 2022 filing to $18M in the plan year 2023 filing.
- Gtp Retirement Plan reported participants fell from 293 in the plan year 2022 filing to 274 in the plan year 2023 filing.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Gtp Retirement Plan reports 274 participants - about 33% of that state average ($18M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $15M |
|---|---|
| Net Assets (End of Year) | $18M |
| Net Income | $3M |
| Employer EIN | 770720929 |
| Plan Effective Date | 2016-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Global Tungsten & Powders LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 992 | $175M |
| 2023 | 3 | 979 | $178M |
| 2024 | 3 | 705 | $119M |
Nearby Profit Sharing Plans in Pennsylvania
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Gtp Retirement Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants
- Eastern Atlantic States Carpenters Annuity Fund $2.1B · 17,441
- University of Pennsylvania Basic Plan $1.7B · 21,016
- International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $1.1B · 3,905
- Temple University Health System, Inc. Defined Contribution Retirement Plan $763M · 10,204
- Morgan, Lewis & Bockius LLP Defined Contribution Plan $714M · 2,458
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Gtp Retirement Plan by total assets, not by location.
Frequently Asked Questions
How did Gtp Retirement Plan assets move in 2023? ▼
How have Global Tungsten & Powders LLC plan assets changed over time? ▼
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Next read for Gtp Retirement Plan
Filing takeaways
Ways to act on Gtp Retirement Plan's numbers.
- By total assets, Gtp 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 Pennsylvania. Compare plans
- Global Tungsten & Powders LLC's sponsor-wide assets have declined 32.2% since 2022 across 3 plan years on file. More Manufacturing plans