401(k) · DOL Form 5500 · 2023

Shure Incorporated 401(k) Plan

Data updated 2026-08-11

$388M
Total assets
1,116
Participants
97th
Percentile by assets
$347,661
Avg per participant
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Official DOL plan name: Shure Associates' 401(k) Savings and Profit Sharing Plan · Sponsored by Shure Incorporated · Illinois · Manufacturing

$388M in assets, 1,116 participants

Shure Incorporated's Shure Associates' 401(k) Savings and Profit Sharing Plan reported $388M in total assets and 1,116 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #17,774 in Manufacturing (18,722 peers)

Where Shure Associates' 401(k) Savings and Profit Sharing Plan sits by assets

Shure Associates' 401(k) Savings and Profit Sharing Plan sits in the top 5% of all filed plans by assets, $388M for 1,116 participants (~$347,661/participant), up 20.8% in 2023.

$388M
total plan assets (2023 EOY)
1,116
covered participants
97th
percentile by assets (of 127,072 plans)
$347,661
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Shure Associates' 401(k) Savings and Profit Sharing Plan reported net income rose from $38M in the plan year 2022 filing to $67M in the plan year 2023 filing.
  • Shure Associates' 401(k) Savings and Profit Sharing Plan end-of-year assets rose from $321M in the plan year 2022 filing to $388M in the plan year 2023 filing.
  • Shure Associates' 401(k) Savings and Profit Sharing Plan reported participants rose from 1,058 in the plan year 2022 filing to 1,116 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Shure Associates' 401(k) Savings and Profit Sharing Plan vs the 2023 asset distribution

By assets, Shure Associates' 401(k) Savings and Profit Sharing Plan outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$321M
Net Assets (End of Year)$388M
Net Income$67M
Employer EIN362060824
Plan Effective Date1986-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shure Incorporated)

$300M$350M$400M$450M$500M 202220232024 $336M $454M ▲ +35.2%
Total plan assets by year, all Shure Incorporated plans on file
Year Plans Participants Total Assets
2022 2 1,217 $336M
2023 2 1,257 $403M
2024 2 1,232 $454M

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Shure Associates' 401(k) Savings and Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Shure Associates' 401(k) Savings and Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Shure Associates' 40…Accenture United Sta…State Farm 401(k) Sa…Abbott Laboratories …United Airlines Pilo…Walgreens Retirement…
Shure Associates' 401(k) Savings and Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Shure Associates' 401(k) Savings and Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Shure Associates' 401(k) Savings and Profit Sharing Plan assets move in 2023?
Shure Associates' 401(k) Savings and Profit Sharing Plan grew sharply - up 20.8% during 2023, from $321M to $388M. Reported net income was $67M.
How have Shure Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), Shure Incorporated's sponsor-wide assets grew 35.2%, from $336M to $454M.
Where does Shure Associates' 401(k) Savings and Profit Sharing Plan rank by assets among Form 5500 filers?
Shure Associates' 401(k) Savings and Profit Sharing Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Shure Associates' 401(k) Savings and Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Macquarie Management Holdings, Inc. Employees' Savings and 401(k) Plan in NY ($388M, 675 participants).

Next read for Shure Associates' 401(k) Savings and Pro…

Scale reading

Ways to act on Shure Associates' 401(k) Savings and Profit Sharing Plan's numbers.

  • By total assets, Shure Associates' 401(k) Savings and Profit Sharing Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Illinois. Compare plans
  • Shure Incorporated's sponsor-wide assets have grown 35.2% since 2022 across 3 plan years on file. More Manufacturing plans