Profit Sharing · DOL Form 5500 · 2023

Brooks Tools, Inc. Profit Sharing Plan

Data updated 2026-08-25

$785K
Total assets Small plan by assets
2
Participants Small participant base
22nd
Percentile by assets National rank
$392,262
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Brooks Tools, Inc. Profit Sharing Plan · Sponsored by Brooks Tools, Inc. · South Carolina · Retail Trade

$785K in assets, 2 participants

Brooks Tools, Inc.'s Brooks Tools, Inc. Profit Sharing Plan reported $785K in total assets and 2 participants in its 2023 DOL Form 5500 filing, ranking in the 22nd 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.

  • #2,836 in Retail Trade (8,414 peers)

What the 2023 filing shows

Brooks Tools, Inc. Profit Sharing Plan holds $785K for 2 participants - about $392,262 per participant, among the smaller plans by assets on file.

#2,836
in Retail Trade (8,414 peers)
-6.8%
assets change YoY

The plan reported a net loss of $57K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Brooks Tools, Inc. Profit Sharing Plan among the smaller filed plans by assets

Brooks Tools, Inc. Profit Sharing Plan vs every filed plan by assets

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

$784,524 22nd percentile higher than 22% 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

Brooks Tools, Inc. Profit Sharing Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Brooks Tools, Inc. Profit Sharing Plan is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Brooks Tools, Inc. Profit Sharing Plan reported net income fell from $162K in the plan year 2022 filing to -$57K in the plan year 2023 filing.
  • Brooks Tools, Inc. Profit Sharing Plan end-of-year assets fell from $841K in the plan year 2022 filing to $785K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 270799462 · Brooks Tools, Inc. PY 2023 · Profit Sharing

Brooks Tools, Inc. Profit Sharing Plan · $785K · 2 · 22nd

  • TYPE $785K
  • TYPE 2
  • TYPE 22nd
  • TYPE Profit Sharing
  • TYPE near Richlands Funeral Co., Inc.
  • TYPE ind #2836

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 Retail Trade retirement plans → · Plans in South Carolina →

Brooks Tools, Inc. Profit Sharing Plan in the asset neighbourhood

Brooks Tools, Inc. Profit Sharing PlanBrooks Tools, Inc. Profit Sh…$785KRichlands Funeral Co., Inc.$784KEdward B Friedman Jr, PA Profit Sharing PlanEdward B Friedman Jr, PA Pro…$785KPiv Train, Inc. Retirement PlanPiv Train, Inc. Retirement P…$784KKing Lake Estates, Inc. Profit Sharing Plan and TrustKing Lake Estates, Inc. Prof…$784K
End-of-year total assets ($M) among Brooks Tools, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$841K
Net Assets (End of Year)$785K
Net Income-$57K
Employer EIN270799462
Plan Effective Date2009-08-25
Filing StatusFILING RECEIVED

Sponsor Plan History (Brooks Tools, Inc.)

Sponsor-wide plan assets over time

All Brooks Tools, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$884K 5.03280455472912% vs 2022
2024 filing year
$0.75M$0.8M$0.85M$0.9M 202220232024 $0.84M $0.88M ▲ +4.8%
Year Plans Participants Total Assets
2022 1 2 $841K
2023 1 2 $785K
2024 1 2 $884K

Nearby Profit Sharing Plans in South Carolina

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

Brooks Tools, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -0.500.511.52 Total assets ($B) Participants Brooks Tools, Inc. Profit Sharing Plan, Total assets ($B): 0.000784524 · Participants: 2Brooks Tools, Inc. Profit Sharing PlanPrisma Health Retirement Savings Plan, Total assets ($B): 1.879344092 · Participants: 28745Prisma Health Retirement Savings PlanUma Retirement Plan, Total assets ($B): 0.756341776 · Participants: 2510Uma Retirement PlanProfit-Sharing Plan of Ogletree, Deakins, Nash, Smoak & Stewart, Total assets ($B): 0.221764297 · Participants: 2301Profit-Sharing Plan of Ogletree, Deakins, Nash, Smoak & StewartScansource, Inc. 401(k) Plan, Total assets ($B): 0.215941695 · Participants: 1515Scansource, Inc. 401(k) PlanUsc School of Medicine Educational Trust Retirement Plan, Total assets ($B): 0.044780532 · Participants: 197Usc School of Medicine Educational Trust Retirement Plan
Brooks Tools, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in South Carolina, assets vs. participants
Compare Brooks Tools, Inc. Profit Sharing Plan side-by-side with 3 peers →

Brooks Tools, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside South Carolina, the nearest Profit Sharing by assets is Richlands Funeral Co., Inc. in VA ($784K); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($785K here).

Similar participant headcount

Nearest other-state filings by covered participants (2 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 Brooks Tools, Inc. Profit Sharing Plan assets move in 2023? ▼
Brooks Tools, Inc. Profit Sharing Plan pulled back noticeably - down 6.8% during 2023, from $841K to $785K. Reported net income was -$57K.
How have Brooks Tools, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Brooks Tools, Inc.'s sponsor-wide assets grew 5.0%, from $841K to $884K.
Where does Brooks Tools, Inc. Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Brooks Tools, Inc. Profit Sharing Plan ranks in the 22nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Brooks Tools, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Richlands Funeral Co., Inc. in VA ($784K, 9 participants).
Which Profit Sharing plans cover a similar participant headcount to Brooks Tools, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants, $5M 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 270799462.

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.