Profit Sharing · DOL Form 5500 · 2023

The Wooster Brush Company Profit Sharing Plan No. 2 Profit Sharing Plan

Data updated 2026-08-11

$25M
Total assets
368
Participants
76th
Percentile by assets
$67,582
Avg per participant
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Official DOL plan name: The Wooster Brush Company Profit Sharing Plan No. 2 · Sponsored by The Wooster Brush Company Profit Sharing Plan No. 2 · Ohio · Manufacturing

$25M in assets, 368 participants

The Wooster Brush Company Profit Sharing Plan No. 2's The Wooster Brush Company Profit Sharing Plan No. 2 reported $25M in total assets and 368 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • 76th percentile by assets (of 127,072 plans)
  • #12,593 in Manufacturing (18,722 peers)

Coverage in Ohio

The Wooster Brush Company Profit Sharing Plan No. 2 covers 368 participants in Ohio, about 48% of the average Ohio filer (state average ~765 per filing). Assets: $25M.

$25M
total plan assets (2023 EOY)
368
covered participants
76th
percentile by assets (of 127,072 plans)
$67,582
avg assets per participant

The plan reported a net loss of $339K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Wooster Brush Company Profit Sharing Plan No. 2 reported net income rose from -$2M in the plan year 2022 filing to -$339K in the plan year 2023 filing.
  • The Wooster Brush Company Profit Sharing Plan No. 2 end-of-year assets fell from $26M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • The Wooster Brush Company Profit Sharing Plan No. 2 reported participants fell from 382 in the plan year 2022 filing to 368 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. The Wooster Brush Company Profit Sharing Plan No. 2 reports 368 participants - about 48% of that state average ($25M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$25M
Net Income-$339K
Employer EIN340628460
Plan Effective Date1964-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Wooster Brush Company Profit Sharing Plan No. 2)

$140M$145M$150M$155M 202220232024 $153M $145M ▼ -5.4%
Total plan assets by year, all The Wooster Brush Company Profit Sharing Plan No. 2 plans on file
Year Plans Participants Total Assets
2022 3 1,112 $153M
2023 3 1,082 $150M
2024 3 1,064 $145M

Nearby Profit Sharing Plans in Ohio

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

The Wooster Brush Company Profit Sharing Plan No. 2 vs. nearby Profit Sharing plans in Ohio, assets vs. participants

The Wooster Brush Company Profit Sharing Plan No. 2 vs. nearby Profit Sharing plans in Ohio, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -0.500.511.52 Total assets ($B) Participants The Wooster Brush Co…Cleveland Clinic Inv…Masterbrand, Inc. Re…The Employer Retirem…Three Rivers Annuity…Holzer Health System…
The Wooster Brush Company Profit Sharing Plan No. 2 vs. nearby Profit Sharing plans in Ohio, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to The Wooster Brush Company Profit Sharing Plan No. 2 by total assets, not by location.

Frequently Asked Questions

How did The Wooster Brush Company Profit Sharing Plan No. 2 assets move in 2023?
The Wooster Brush Company Profit Sharing Plan No. 2 edged down modestly - down 4.3% during 2023, from $26M to $25M. Reported net income was -$339K.
How have The Wooster Brush Company Profit Sharing Plan No. 2 plan assets changed over time?
Across 3 plan years on file (2022-2024), The Wooster Brush Company Profit Sharing Plan No. 2's sponsor-wide assets declined 5.4%, from $153M to $145M.
Where does The Wooster Brush Company Profit Sharing Plan No. 2 rank by assets among Form 5500 filers?
The Wooster Brush Company Profit Sharing Plan No. 2 ranks in the 76th 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 The Wooster Brush Company Profit Sharing Plan No. 2?
Among Profit Sharing plans in other states, the closest by assets is Universal Bearings LLC Profit Sharing Plan & Trust in IN ($25M, 283 participants).

Next read for The Wooster Brush Company Profit Sharing…

Filing takeaways

Ways to act on The Wooster Brush Company Profit Sharing Plan No. 2's numbers.

  • By total assets, The Wooster Brush Company Profit Sharing Plan No. 2 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 Ohio. Compare plans
  • The Wooster Brush Company Profit Sharing Plan No. 2's sponsor-wide assets have declined 5.4% since 2022 across 3 plan years on file. More Manufacturing plans