Profit Sharing · DOL Form 5500 · 2023

Sherwood Industries, Inc. Profit Sharing Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
8
Participants Small participant base
33rd
Percentile by assets National rank
$320,170
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sherwood Industries, Inc. Profit Sharing Plan · Sponsored by Sherwood Industries, Inc. · Illinois · Wholesale Trade

$3M in assets, 8 participants

Sherwood Industries, Inc.'s Sherwood Industries, Inc. Profit Sharing Plan reported $3M in total assets and 8 participants in its 2023 DOL Form 5500 filing, ranking in the 33rd 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.

  • #1,413 in Wholesale Trade (6,309 peers)

Sherwood Industries, Inc. multi-year trail

Sherwood Industries, Inc.'s plans moved +15.2% in assets from 2022 to 2024; this filing shows Sherwood Industries, Inc. Profit Sharing Plan at $3M / 8 participants.

#1,413
in Wholesale Trade (6,309 peers)
+11.9%
assets growth YoY

Sherwood Industries, Inc. Profit Sharing Plan among the smaller filed plans by assets

Sherwood Industries, Inc. Profit Sharing Plan vs every filed plan by assets

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

$2,561,358 33rd percentile higher than 33% 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

Sherwood Industries, Inc. Profit Sharing Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sherwood Industries, Inc. Profit Sharing Plan is a micro filing (8 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sherwood Industries, Inc. Profit Sharing Plan reported net income rose from -$70K in the plan year 2022 filing to $273K in the plan year 2023 filing.
  • Sherwood Industries, Inc. Profit Sharing Plan end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 362947560 · Sherwood Industries, Inc. PY 2023 · Profit Sharing

Sherwood Industries, Inc. Profit Sharing Plan · $3M · 8 · 33rd

  • BOY $3M
  • SCH 8
  • EBSA 33rd
  • PART Profit Sharing
  • TYPE near Philip E Lutz Mdpc Profit Sharing Plan
  • NET ind #1413

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 →

Sherwood Industries, Inc. Profit Sharing Plan in the asset neighbourhood

Sherwood Industries, Inc. Profit Sharing PlanSherwood Industries, Inc. Pr…$3MPhilip E Lutz Mdpc Profit Sharing PlanPhilip E Lutz Mdpc Profit Sh…$3MMartin W. Kern M.D., S.C. Restated Profit Sharing PlanMartin W. Kern M.D., S.C. Re…$3MIn the Moment, Inc. Retirement PlanIn the Moment, Inc. Retireme…$3MDr. Ravi Gupta, Inc. Pension PlanDr. Ravi Gupta, Inc. Pension…$3M
End-of-year total assets ($M) among Sherwood Industries, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Sherwood Industries, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Sherwood Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 15.220007603798402% vs 2022
2024 filing year
$2.2M$2.4M$2.6M$2.8M 202220232024 $2.29M $2.64M ▲ +15.3%
Year Plans Participants Total Assets
2022 1 8 $2M
2023 1 8 $3M
2024 1 8 $3M

Sherwood Industries, Inc. filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$273K
Employer EIN362947560
Plan Effective Date1996-03-26
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Illinois

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

Sherwood Industries, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -101234 Total assets ($B) Participants Sherwood Industries, Inc. Profit Sharing Plan, Total assets ($B): 0.002561358 · Participants: 8Sherwood Industries, Inc. Profit Sharing PlanW. 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
Sherwood Industries, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants
Compare Sherwood Industries, Inc. Profit Sharing Plan side-by-side with 3 peers →

Sherwood Industries, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Illinois, the nearest Profit Sharing by assets is Philip E Lutz Mdpc Profit Sharing Plan in NJ ($3M); by covered participants it is Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan in NJ (8 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (8 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 Sherwood Industries, Inc. Profit Sharing Plan assets move in 2023? ▼
Sherwood Industries, Inc. Profit Sharing Plan grew at a solid clip - up 11.9% during 2023, from $2M to $3M. Reported net income was $273K.
How have Sherwood Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sherwood Industries, Inc.'s sponsor-wide assets grew 15.2%, from $2M to $3M.
Which Profit Sharing plans are similar in size to Sherwood Industries, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Philip E Lutz Mdpc Profit Sharing Plan in NJ ($3M, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Sherwood Industries, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Verona Insurance Agency, Inc. 401(k) Profit Sharing Plan in NJ (8 participants, $424K 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 362947560.

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.