Profit Sharing · DOL Form 5500 · 2023
Scot Industries, Inc. Profit Sharing Plan
Data updated 2026-08-11
- $173M
- Total assets
- 804
- Participants
- 94th
- Percentile by assets
- $215,319
- Avg per participant
Official DOL plan name: Scot Industries, Inc. Profit Sharing Trust · Sponsored by Scot Industries, Inc. · Texas · Manufacturing
$173M in assets, 804 participants
Scot Industries, Inc.'s Scot Industries, Inc. Profit Sharing Trust reported $173M in total assets and 804 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.
- 94th percentile by assets (of 127,072 plans)
- #17,040 in Manufacturing (18,722 peers)
Where Scot Industries, Inc. Profit Sharing Trust sits by assets
Scot Industries, Inc. Profit Sharing Trust sits in the top 10% of all filed plans by assets, $173M for 804 participants (~$215,319/participant), up 12.3% in 2023.
- $173M
- total plan assets (2023 EOY)
- 804
- covered participants
- 94th
- percentile by assets (of 127,072 plans)
- $215,319
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Scot Industries, Inc. Profit Sharing Trust reported net income rose from $13M in the plan year 2022 filing to $19M in the plan year 2023 filing.
- Scot Industries, Inc. Profit Sharing Trust end-of-year assets rose from $154M in the plan year 2022 filing to $173M in the plan year 2023 filing.
- Scot Industries, Inc. Profit Sharing Trust reported participants rose from 789 in the plan year 2022 filing to 804 in the plan year 2023 filing.
Scot Industries, Inc. Profit Sharing Trust vs the 2023 asset distribution
By assets, Scot Industries, Inc. Profit Sharing Trust outranks 94% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.7x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $154M |
|---|---|
| Net Assets (End of Year) | $173M |
| Net Income | $19M |
| Employer EIN | 390834748 |
| Plan Effective Date | 1963-06-30 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Scot Industries, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 789 | $154M |
| 2023 | 1 | 804 | $173M |
| 2024 | 1 | 802 | $190M |
Nearby Profit Sharing Plans in Texas
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Scot Industries, Inc. Profit Sharing Trust vs. nearby Profit Sharing plans in Texas, assets vs. participants
- Southwest Airlines Co. Profitsharing Plan $5.8B · 71,461
- Baylor College of Medicine Retirement Plan $1.7B · 10,240
- H-E-B Partner Stock Plan $1.3B · 96,911
- The Defined Contribution Plan of the Methodist Hospital $923M · 29,678
- American Heart Association, Inc. Qualified Retirement Plan $457M · 3,455
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Scot Industries, Inc. Profit Sharing Trust by total assets, not by location.
- Amplify Hr Management Retirement Savings Plan (IL) $173M · 2,744
- Tiaa-Cref Retirement Plan for All Employees of the Aspen Inst. (DC) $173M · 531
- The Hoffman Employee Retirement Income Plan (OR) $172M · 485
- White Castle Profit Sharing Plan (OH) $174M · 4,284
Frequently Asked Questions
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Ways to act on Scot Industries, Inc. Profit Sharing Trust's numbers.
- By total assets, Scot Industries, Inc. Profit Sharing Trust ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Texas. Compare plans
- Scot Industries, Inc.'s sponsor-wide assets have grown 23.3% since 2022 across 3 plan years on file. More Manufacturing plans