Profit Sharing · DOL Form 5500 · 2023

Electro-Spec, Inc. Profit Sharing Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
68
Participants Small participant base
27th
Percentile by assets National rank
$22,231
Avg per participant Low balance/head
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Official DOL plan name: Electro-Spec, Inc. Profit Sharing Plan &trust · Sponsored by Electro-Spec, Inc. · Indiana · Manufacturing

$2M in assets, 68 participants

Electro-Spec, Inc.'s Electro-Spec, Inc. Profit Sharing Plan &trust reported $2M in total assets and 68 participants in its 2023 DOL Form 5500 filing, ranking in the 27th 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.

  • #2,393 in Manufacturing (18,722 peers)

2023 asset change

Electro-Spec, Inc. Profit Sharing Plan &trust declined sharply 22.3% in 2023 ($2M → $2M) for 68 participants.

#2,393
in Manufacturing (18,722 peers)
-22.3%
assets change YoY

The plan reported a net loss of $434K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Electro-Spec, Inc. Profit Sharing Plan &trust among the smaller filed plans by assets

Electro-Spec, Inc. Profit Sharing Plan &trust vs every filed plan by assets

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

$1,511,711 27th percentile higher than 27% 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

Electro-Spec, Inc. Profit Sharing Plan &trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Electro-Spec, Inc. Profit Sharing Plan &trust is a small filing (68 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Electro-Spec, Inc. Profit Sharing Plan &trust reported net income fell from $114K in the plan year 2022 filing to -$434K in the plan year 2023 filing.
  • Electro-Spec, Inc. Profit Sharing Plan &trust end-of-year assets fell from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 351145758 · Electro-Spec, Inc. PY 2023 · Profit Sharing

Electro-Spec, Inc. Profit Sharing Plan &trust · $2M · 68 · 27th

  • 5500 $2M
  • ASSETS 68
  • PCT 27th
  • EIN Profit Sharing
  • RANK near Suny Polytechnic Institute Auxiliary Services Corp
  • PHOTO ind #2393

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 Indiana →

Electro-Spec, Inc. Profit Sharing Plan &trust in the asset neighbourhood

Electro-Spec, Inc. Profit Sharing Plan &trustElectro-Spec, Inc. Profit Sh…$2MSuny Polytechnic Institute Auxiliary Services CorpSuny Polytechnic Institute A…$2MErwin E. Tang Profit Sharing PlanErwin E. Tang Profit Sharing…$2MTait Roofing Co., Inc. Profit Sharing PlanTait Roofing Co., Inc. Profi…$2MPasadena Urological Medical Group Profit Sharing PlanPasadena Urological Medical …$2M
End-of-year total assets ($M) among Electro-Spec, Inc. Profit Sharing Plan &trust and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Electro-Spec, Inc. years around the 2023 move

Sponsor-wide plan assets over time

All Electro-Spec, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$1M$2M$3M 202220232024 $1.95M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 68 $2M
2023 1 68 $2M
2024 1 N/A N/A

2023 asset-move particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$434K
Employer EIN351145758
Plan Effective Date1987-05-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Indiana

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

Electro-Spec, Inc. Profit Sharing Plan &trust vs. nearby Profit Sharing plans in Indiana, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -10123 Total assets ($B) Participants Electro-Spec, Inc. Profit Sharing Plan &trust, Total assets ($B): 0.001511711 · Participants: 68Electro-Spec, Inc. Profit Sharing Plan &trustUniversity of Notre Dame 403(b) Retirement Plan, Total assets ($B): 2.360767219 · Participants: 9969University of Notre Dame 403(b) Retirement PlanIndiana State Council of Plasterers & Cement Mason Pension Fund, Total assets ($B): 0.321097243 · Participants: 1127Indiana State Council of Plasterers & Cement Mason Pension FundI.B.E.W. Local Union 481 Defined Contribution Plan, Total assets ($B): 0.268369786 · Participants: 2820I.B.E.W. Local Union 481 Defined Contribution PlanCfni Retirement Plan, Total assets ($B): 0.206190521 · Participants: 6110Cfni Retirement PlanDo It Best Corp. Restated Employees' Savings & Profit Sharing Plan, Total assets ($B): 0.177440898 · Participants: 1818Do It Best Corp. Restated Employees' Savings & Profit Sharing Plan
Electro-Spec, Inc. Profit Sharing Plan &trust vs. nearby Profit Sharing plans in Indiana, assets vs. participants
Compare Electro-Spec, Inc. Profit Sharing Plan &trust side-by-side with 3 peers →

Electro-Spec, Inc. Profit Sharing Plan &trust's out-of-state Profit Sharing peers by assets and headcount

Outside Indiana, the nearest Profit Sharing by assets is Suny Polytechnic Institute Auxiliary Services Corp in NY ($2M); by covered participants it is Northland Christian Education System 403(b) Plan in MO (68 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (68 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 Electro-Spec, Inc. Profit Sharing Plan &trust assets move in 2023? ▼
Electro-Spec, Inc. Profit Sharing Plan &trust declined sharply - down 22.3% during 2023, from $2M to $2M. Reported net income was -$434K.
Which Profit Sharing plans are similar in size to Electro-Spec, Inc. Profit Sharing Plan &trust? ▼
Among Profit Sharing plans in other states, the closest by assets is Suny Polytechnic Institute Auxiliary Services Corp in NY ($2M, 6 participants).
Which Profit Sharing plans cover a similar participant headcount to Electro-Spec, Inc. Profit Sharing Plan &trust? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Northland Christian Education System 403(b) Plan in MO (68 participants, $1M 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 351145758.

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.