Profit Sharing · DOL Form 5500 · 2023

Global Tungsten & Powders LLC Profit Sharing Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
274
Participants Below avg headcount
71st
Percentile by assets National rank
$65,582
Avg per participant Low balance/head
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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.

  • #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.

#11,219
in Manufacturing (18,722 peers)
+20.7%
assets growth YoY

Gtp Retirement Plan's outsized position by total assets

Gtp Retirement Plan vs every filed plan by assets

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

$17,969,511 Top 29% higher than 71% 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

Gtp Retirement 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. Gtp Retirement Plan sits mid-pack in the medium band (274 participants).

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.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 770720929 · Global Tungsten & Powders LLC PY 2023 · Profit Sharing

Gtp Retirement Plan · $18M · 274 · 71st

  • PHOTO $18M
  • PHOTO 274
  • PHOTO 71st
  • PHOTO Profit Sharing
  • PHOTO near Hutton and Hutton Profit Sharing Plan
  • PHOTO ind #11219

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 Pennsylvania →

Gtp Retirement Plan in the asset neighbourhood

Gtp Retirement Plan$18MHutton and Hutton Profit Sharing PlanHutton and Hutton Profit Sha…$18MMichigan Pathology Specialists PC P/S Plan & TrustMichigan Pathology Specialis…$18MOkeefe Drilling Company Profit-Sharing TrustOkeefe Drilling Company Prof…$18MNewport Service Corporation Retirement PlanNewport Service Corporation …$18M
End-of-year total assets ($M) among Gtp Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$18M
Net Income$3M
Employer EIN770720929
Plan Effective Date2016-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Global Tungsten & Powders LLC)

Sponsor-wide plan assets over time

All Global Tungsten & Powders LLC plans reported in each filing year

Latest sponsor-wide plan assets
$119M 32.2333451168978% vs 2022
2024 filing year
$100M$120M$140M$160M$180M$200M 202220232024 $175M $119M ▼ -32.2%
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 Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants Gtp Retirement Plan, Total assets ($B): 0.017969511 · Participants: 274Gtp Retirement PlanEastern Atlantic States Carpenters Annuity Fund, Total assets ($B): 2.13036391 · Participants: 17441Eastern Atlantic States Carpenters Annuity FundUniversity of Pennsylvania Basic Plan, Total assets ($B): 1.71732421 · Participants: 21016University of Pennsylvania Basic PlanInternational Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan, Total assets ($B): 1.126483012 · Participants: 3905International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing PlanTemple University Health System, Inc. Defined Contribution Retirement Plan, Total assets ($B): 0.763491384 · Participants: 10204Temple University Health System, Inc. Defined Contribution Retirement PlanMorgan, Lewis & Bockius LLP Defined Contribution Plan, Total assets ($B): 0.71403391 · Participants: 2458Morgan, Lewis & Bockius LLP Defined Contribution Plan
Gtp Retirement Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants
Compare Gtp Retirement Plan side-by-side with 3 peers →

Gtp Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Pennsylvania, the nearest Profit Sharing by assets is Hutton and Hutton Profit Sharing Plan in KS ($18M); by covered participants it is Illinois Valley Economic Development Corporation Retirement Plan in IL (274 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (274 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 Gtp Retirement Plan assets move in 2023? ▼
Gtp Retirement Plan grew sharply - up 20.7% during 2023, from $15M to $18M. Reported net income was $3M.
How have Global Tungsten & Powders LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Global Tungsten & Powders LLC's sponsor-wide assets declined 32.2%, from $175M to $119M.
Which Profit Sharing plans are similar in size to Gtp Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Hutton and Hutton Profit Sharing Plan in KS ($18M, 13 participants).
Which Profit Sharing plans cover a similar participant headcount to Gtp Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Illinois Valley Economic Development Corporation Retirement Plan in IL (274 participants, $3M 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 770720929.

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.