Profit Sharing · DOL Form 5500 · 2023

Kalb Equipment Company, Inc. Profit Sharing Plan

Data updated 2026-08-11

$6M
Total assets
15
Participants
47th
Percentile by assets
$382,890
Avg per participant
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Official DOL plan name: Kalb Equipment Company, Inc. Profit Sharing Plan · Sponsored by Kalb Equipment Company, Inc. · Tennessee · Manufacturing

$6M in assets, 15 participants

Kalb Equipment Company, Inc.'s Kalb Equipment Company, Inc. Profit Sharing Plan reported $6M in total assets and 15 participants in its 2023 DOL Form 5500 filing, ranking in the 47th 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.

  • 47th percentile by assets (of 127,072 plans)
  • #5,721 in Manufacturing (18,722 peers)

Kalb Equipment Company, Inc. multi-year trail

Kalb Equipment Company, Inc.'s plans moved +40.4% in assets from 2022 to 2024; this filing shows Kalb Equipment Company, Inc. Profit Sharing Plan at $6M / 15 participants.

$6M
total plan assets (2023 EOY)
15
covered participants
47th
percentile by assets (of 127,072 plans)
$382,890
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Kalb Equipment Company, Inc. Profit Sharing Plan reported net income rose from $361K in the plan year 2022 filing to $965K in the plan year 2023 filing.
  • Kalb Equipment Company, Inc. Profit Sharing Plan reported participants rose from 12 in the plan year 2022 filing to 15 in the plan year 2023 filing.
  • Kalb Equipment Company, Inc. Profit Sharing Plan end-of-year assets rose from $5M in the plan year 2022 filing to $6M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Kalb Equipment Company, Inc. across 3 plan years on file

Across the 3 plan years Kalb Equipment Company, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $5M to $7M, a gain of 40.4%, while reported participants moved from 12 to 14 (+16.7%). Peak year by sponsor assets: 2024 ($7M); trough: 2022 ($5M).

Kalb Equipment Company, Inc. multi-year asset trail

$4M$5M$6M$7M 202220232024 $4.78M $6.71M ▲ +40.4%
Total plan assets by year, all Kalb Equipment Company, Inc. plans on file
Year Plans Participants Total Assets
2022 1 12 $5M
2023 1 15 $6M
2024 1 14 $7M

Kalb Equipment Company, Inc. filing trail (2023)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$965K
Employer EIN620926497
Plan Effective Date1985-11-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Tennessee

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

Kalb Equipment Company, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants

Kalb Equipment Company, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -2000200400600 Total assets ($M) Participants Kalb Equipment Compa…Ballad Health 401(a)…Shreveport Electrica…New Orleans Electric…Ulps Employee Saving…Gerber/Taylor Capita…
Kalb Equipment Company, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Kalb Equipment Company, Inc. Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Kalb Equipment Company, Inc. Profit Sharing Plan assets move in 2023?
Kalb Equipment Company, Inc. Profit Sharing Plan grew sharply - up 20.2% during 2023, from $5M to $6M. Reported net income was $965K.
How have Kalb Equipment Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Kalb Equipment Company, Inc.'s sponsor-wide assets grew 40.4%, from $5M to $7M.
Which Profit Sharing plans are similar in size to Kalb Equipment Company, Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Pacific Science Center Retirement Plan in WA ($6M, 128 participants).

Next read for Kalb Equipment Company, Inc. Profit Shar…

Multi-year trail

Ways to act on Kalb Equipment Company, Inc. Profit Sharing Plan's numbers.

  • By total assets, Kalb Equipment Company, Inc. Profit Sharing Plan ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Tennessee. Compare plans
  • Kalb Equipment Company, Inc.'s sponsor-wide assets have grown 40.4% since 2022 across 3 plan years on file. More Manufacturing plans