Profit Sharing · DOL Form 5500 · 2023

Liberty Pattern Company, Inc. Profit Sharing Plan

Data updated 2026-08-11

$23M
Total assets
13
Participants
75th
Percentile by assets
$1.8M
Avg per participant
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Official DOL plan name: Liberty Pattern Company Profit Sharing Plan · Sponsored by Liberty Pattern Company, Inc. · Iowa · Construction

$23M in assets, 13 participants

Liberty Pattern Company, Inc.'s Liberty Pattern Company Profit Sharing Plan reported $23M in total assets and 13 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • 75th percentile by assets (of 127,072 plans)
  • #6,682 in Construction (9,030 peers)

Where Liberty Pattern Company Profit Sharing Plan sits by assets

Liberty Pattern Company Profit Sharing Plan sits in the top quartile of all filed plans by assets, $23M for 13 participants (~$1.8M/participant), up 10.3% in 2023.

$23M
total plan assets (2023 EOY)
13
covered participants
75th
percentile by assets (of 127,072 plans)
$1.8M
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Liberty Pattern Company Profit Sharing Plan reported net income rose from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Liberty Pattern Company Profit Sharing Plan end-of-year assets rose from $21M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Liberty Pattern Company Profit Sharing Plan reported participants rose from 12 in the plan year 2022 filing to 13 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Liberty Pattern Company Profit Sharing Plan vs the 2023 asset distribution

By assets, Liberty Pattern Company Profit Sharing Plan outranks 75% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$23M
Net Income$2M
Employer EIN421175319
Plan Effective Date1985-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Liberty Pattern Company, Inc.)

$20M$22M$24M$26M$28M 202220232024 $21.2M $26.4M ▲ +24.4%
Total plan assets by year, all Liberty Pattern Company, Inc. plans on file
Year Plans Participants Total Assets
2022 1 12 $21M
2023 1 13 $23M
2024 1 12 $26M

Nearby Profit Sharing Plans in Iowa

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

Liberty Pattern Company Profit Sharing Plan vs. nearby Profit Sharing plans in Iowa, assets vs. participants

Liberty Pattern Company Profit Sharing Plan vs. nearby Profit Sharing plans in Iowa, assets vs. participants Scatter plot of 6 data points. 0100200300 1015202530 Total assets ($M) Participants Liberty Pattern Comp…Medtec LLC 401(k) Re…Newton Clinic, P.C. …Palmer Lutheran Heal…Ts Banking Group Sav…Hwh Corporation Empl…
Liberty Pattern Company Profit Sharing Plan vs. nearby Profit Sharing plans in Iowa, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Liberty Pattern Company Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Liberty Pattern Company Profit Sharing Plan assets move in 2023?
Liberty Pattern Company Profit Sharing Plan grew at a solid clip - up 10.3% during 2023, from $21M to $23M. Reported net income was $2M.
How have Liberty Pattern Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Liberty Pattern Company, Inc.'s sponsor-wide assets grew 24.4%, from $21M to $26M.
Where does Liberty Pattern Company Profit Sharing Plan rank by assets among Form 5500 filers?
Liberty Pattern Company Profit Sharing Plan ranks in the 75th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Liberty Pattern Company Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Gursey Schneider LLP Retirement Savings Plan in CA ($23M, 201 participants).

Next read for Liberty Pattern Company Profit Sharing P…

Scale reading

Ways to act on Liberty Pattern Company Profit Sharing Plan's numbers.

  • By total assets, Liberty Pattern Company Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Iowa. Compare plans
  • Liberty Pattern Company, Inc.'s sponsor-wide assets have grown 24.4% since 2022 across 3 plan years on file. More Construction plans