Profit Sharing · DOL Form 5500 · 2023

Scot Industries, Inc. Profit Sharing Plan

Data updated 2026-08-25

$173M
Total assets Near avg plan size
804
Participants Near avg headcount
94th
Percentile by assets National rank
$215,319
Avg per participant Above avg balance/head
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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.

  • #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.

#17,040
in Manufacturing (18,722 peers)
+12.3%
assets growth YoY
1.7×
vs typical plan assets (national mean)

Scot Industries, Inc. Profit Sharing Trust's outsized position by total assets

Scot Industries, Inc. Profit Sharing Trust vs every filed plan by assets

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

$173,116,699 Top 6% higher than 94% 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

Scot Industries, Inc. Profit Sharing Trust 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. Scot Industries, Inc. Profit Sharing Trust sits mid-pack in the medium band (804 participants).

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.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 390834748 · Scot Industries, Inc. PY 2023 · Profit Sharing

Scot Industries, Inc. Profit Sharing Trust · $173M · 804 · 94th

  • EBSA $173M
  • PART 804
  • TYPE 94th
  • NET Profit Sharing
  • BOOK near Amplify Hr Management Retirement Savings Plan
  • VS-ST ind #17040

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 Texas →

Scot Industries, Inc. Profit Sharing Trust in the asset neighbourhood

White Castle Profit Sharing PlanWhite Castle Profit Sharing …$174MTiaa-Cref Retirement Plan for All Employees of the Aspen Inst.Tiaa-Cref Retirement Plan fo…$173MAmplify Hr Management Retirement Savings PlanAmplify Hr Management Retire…$173MScot Industries, Inc. Profit Sharing TrustScot Industries, Inc. Profit…$173MThe Hoffman Employee Retirement Income PlanThe Hoffman Employee Retirem…$172M
End-of-year total assets ($M) among Scot Industries, Inc. Profit Sharing Trust and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$154M
Net Assets (End of Year)$173M
Net Income$19M
Employer EIN390834748
Plan Effective Date1963-06-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Scot Industries, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$190M 23.30847956139023% vs 2022
2024 filing year
$140M$160M$180M$200M 202220232024 $154M $190M ▲ +23.3%
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 Scatter plot of 6 data points. -50000050000100000150000 -202468 Total assets ($B) Participants Scot Industries, Inc. Profit Sharing Trust, Total assets ($B): 0.173116699 · Participants: 804Scot Industries, Inc. Profit Sharing TrustSouthwest Airlines Co. Profitsharing Plan, Total assets ($B): 5.82182651 · Participants: 71461Southwest Airlines Co. Profitsharing PlanBaylor College of Medicine Retirement Plan, Total assets ($B): 1.714999292 · Participants: 10240Baylor College of Medicine Retirement PlanH-E-B Partner Stock Plan, Total assets ($B): 1.320262511 · Participants: 96911H-E-B Partner Stock PlanThe Defined Contribution Plan of the Methodist Hospital, Total assets ($B): 0.92297353 · Participants: 29678The Defined Contribution Plan of the Methodist HospitalAmerican Heart Association, Inc. Qualified Retirement Plan, Total assets ($B): 0.456894615 · Participants: 3455American Heart Association, Inc. Qualified Retirement Plan
Scot Industries, Inc. Profit Sharing Trust vs. nearby Profit Sharing plans in Texas, assets vs. participants
Compare Scot Industries, Inc. Profit Sharing Trust side-by-side with 3 peers →

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

Outside Texas, the nearest Profit Sharing by assets is Amplify Hr Management Retirement Savings Plan in IL ($173M); by covered participants it is T-Mobile Puerto Rico 1165(e) Plan in WA (804 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (804 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 Scot Industries, Inc. Profit Sharing Trust assets move in 2023? ▼
Scot Industries, Inc. Profit Sharing Trust grew at a solid clip - up 12.3% during 2023, from $154M to $173M. Reported net income was $19M.
How have Scot Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Scot Industries, Inc.'s sponsor-wide assets grew 23.3%, from $154M to $190M.
Where does Scot Industries, Inc. Profit Sharing Trust rank by assets among Form 5500 filers? ▼
Scot Industries, Inc. Profit Sharing Trust ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Scot Industries, Inc. Profit Sharing Trust? ▼
Among Profit Sharing plans in other states, the closest by assets is Amplify Hr Management Retirement Savings Plan in IL ($173M, 2,744 participants).
Which Profit Sharing plans cover a similar participant headcount to Scot Industries, Inc. Profit Sharing Trust? ▼
Among Profit Sharing plans in other states, the closest by covered participants is T-Mobile Puerto Rico 1165(e) Plan in WA (804 participants, $60M 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 390834748.

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.