Profit Sharing · DOL Form 5500 · 2024

Henard Metal Fabricators, Inc. Profit Sharing Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
20
Participants Small participant base
54th
Percentile by assets National rank
$463,265
Avg per participant High balance/head
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Official DOL plan name: Henard Metal Fabricators, Inc. Profit Sharing Plan · Sponsored by Henard Metal Fabricators, Inc. · Tennessee · Manufacturing

$9M in assets, 20 participants

Henard Metal Fabricators, Inc.'s Henard Metal Fabricators, Inc. Profit Sharing Plan reported $9M in total assets and 20 participants in its 2024 DOL Form 5500 filing, ranking in the 54th 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.

  • #7,009 in Manufacturing (17,777 peers)

What the 2024 filing shows

Henard Metal Fabricators, Inc. Profit Sharing Plan holds $9M for 20 participants - about $463,265 per participant, above the median plan by assets.

#7,009
in Manufacturing (17,777 peers)
-4.2%
assets change YoY

The plan reported a net loss of $405K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Henard Metal Fabricators, Inc. Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Henard Metal Fabricators, Inc. Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$9,265,308 Top 46% higher than 54% of 123,620 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 2024

Henard Metal Fabricators, Inc. Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Henard Metal Fabricators, Inc. Profit Sharing Plan is a small filing (20 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Henard Metal Fabricators, Inc. Profit Sharing Plan reported net income fell from $1M in the plan year 2023 filing to -$405K in the plan year 2024 filing.
  • Henard Metal Fabricators, Inc. Profit Sharing Plan reported participants fell from 23 in the plan year 2023 filing to 20 in the plan year 2024 filing.
  • Henard Metal Fabricators, Inc. Profit Sharing Plan end-of-year assets fell from $10M in the plan year 2023 filing to $9M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 621082933 · Henard Metal Fabricators, Inc. PY 2024 · Profit Sharing

Henard Metal Fabricators, Inc. Profit Sharing Plan · $9M · 20 · 54th

  • BOOK $9M
  • BOOK 20
  • BOOK 54th
  • BOOK Profit Sharing
  • BOOK near Cps Puerto Rico, Inc. 1165(e) Plan
  • BOOK ind #7009

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 Tennessee →

Henard Metal Fabricators, Inc. Profit Sharing Plan in the asset neighbourhood

Rivermead 403(b) Plan$9MFox Valley Pathologists Sc Profit Sharing PlanFox Valley Pathologists Sc P…$9MHenard Metal Fabricators, Inc. Profit Sharing PlanHenard Metal Fabricators, In…$9MCps Puerto Rico, Inc. 1165(e) PlanCps Puerto Rico, Inc. 1165(e…$9MCarl M. Buck Building Co. Profit Sharing PlanCarl M. Buck Building Co. Pr…$9M
End-of-year total assets ($M) among Henard Metal Fabricators, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$9M
Net Income-$405K
Employer EIN621082933
Plan Effective Date1985-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Henard Metal Fabricators, Inc.)

Sponsor-wide plan assets over time

All Henard Metal Fabricators, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 9.850467243181644% vs 2022
2024 filing year
$8M$8.5M$9M$9.5M$10M 202220232024 $8.43M $9.27M ▲ +10.0%
Year Plans Participants Total Assets
2022 1 23 $8M
2023 1 23 $10M
2024 1 20 $9M

Nearby Profit Sharing Plans in Tennessee

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

Henard Metal Fabricators, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -2000200400600 Total assets ($M) Participants Henard Metal Fabricators, Inc. Profit Sharing Plan, Total assets ($M): 9.265308 · Participants: 20Henard Metal Fabricators, Inc. Profit Sharing PlanBallad Health 401(a) Plan, Total assets ($M): 486.286208 · Participants: 4963Ballad Health 401(a) PlanShreveport Electrical Industry Profit Sharing Plan, Total assets ($M): 95.199644 · Participants: 527Shreveport Electrical Industry Profit Sharing PlanNew Orleans Electrical Annuity Plan, Total assets ($M): 88.353304 · Participants: 1393New Orleans Electrical Annuity PlanUlps Employee Savings Plan, Total assets ($M): 78.101983 · Participants: 236Ulps Employee Savings PlanThompson Machinery Commerce Corp Profit Sharing Plan, Total assets ($M): 57.665281 · Participants: 944Thompson Machinery Commerce Corp Profit Sharing Plan
Henard Metal Fabricators, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants
Compare Henard Metal Fabricators, Inc. Profit Sharing Plan side-by-side with 3 peers →

Henard Metal Fabricators, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Tennessee, the nearest Profit Sharing by assets is Cps Puerto Rico, Inc. 1165(e) Plan in MN ($9M); by covered participants it is Birken Productions, Inc. Profit Sharing Plan in CA (20 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (20 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Henard Metal Fabricators, Inc. Profit Sharing Plan assets move in 2024? ▼
Henard Metal Fabricators, Inc. Profit Sharing Plan edged down modestly - down 4.2% during 2024, from $10M to $9M. Reported net income was -$405K.
How have Henard Metal Fabricators, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Henard Metal Fabricators, Inc.'s sponsor-wide assets grew 9.9%, from $8M to $9M.
Which Profit Sharing plans are similar in size to Henard Metal Fabricators, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Cps Puerto Rico, Inc. 1165(e) Plan in MN ($9M, 118 participants).
Which Profit Sharing plans cover a similar participant headcount to Henard Metal Fabricators, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Birken Productions, Inc. Profit Sharing Plan in CA (20 participants, $11M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 621082933.

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.