Profit Sharing · DOL Form 5500 · 2024
Eaton Steel Bar Company Profit Sharing Plan
Data updated 2026-07-24
- $28M
- Total assets
- 139
- Participants
- 76th
- Percentile by assets
- $204,033
- Avg per participant
Official DOL plan name: Goodman Companies Retirement Profit Sharing Plan · Sponsored by Eaton Steel Bar Company · Michigan · Manufacturing
$28M in assets, 139 participants
Eaton Steel Bar Company's Goodman Companies Retirement Profit Sharing Plan reported $28M in total assets and 139 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.
- 76th percentile by assets (of 116,472 plans)
Coverage in Michigan
Goodman Companies Retirement Profit Sharing Plan covers 139 participants in Michigan, about 22% of the average Michigan filer (state average ~632 per filing). Assets: $28M.
- $28M
- total plan assets (2024 EOY)
- 139
- covered participants
- 76th
- percentile by assets (of 116,472 plans)
- $204,033
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Goodman Companies Retirement Profit Sharing Plan reported net income rose from $939K in the plan year 2023 filing to $3M in the plan year 2024 filing.
- Goodman Companies Retirement Profit Sharing Plan end-of-year assets rose from $25M in the plan year 2023 filing to $28M in the plan year 2024 filing.
- Goodman Companies Retirement Profit Sharing Plan reported participants rose from 135 in the plan year 2023 filing to 139 in the plan year 2024 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 632 participants across 3,963 plans. Goodman Companies Retirement Profit Sharing Plan reports 139 participants - about 22% of that state average ($28M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $25M |
|---|---|
| Net Assets (End of Year) | $28M |
| Net Income | $3M |
| Employer EIN | 383274875 |
| Plan Effective Date | 1997-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Eaton Steel Bar Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 137 | $24M |
| 2023 | 1 | 135 | $25M |
| 2024 | 1 | 139 | $28M |
Nearby Profit Sharing Plans in Michigan
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Goodman Companies Retirement Profit Sharing Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants
- Henry Ford Health System Retirement Savings Plan $1.8B · 13,461
- Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan $340M · 1,472
- Iron Workers Defined Contribution Pension Fund Plan $232M · 5,319
- NECA-IBEW Memphis Retirement Plan $230M · 2,755
- Plumbers and Pipefitters Local Union 520 Annuity Plan $220M · 1,639
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Goodman Companies Retirement Profit Sharing Plan by total assets, not by location.
- Gursey Schneider LLP Retirement Savings Plan (CA) $28M · 227
- Empire State Highway Contractors Association, Inc Retirement Plan for the Employees of Tioga Construction Co., Inc. (NY) $28M · 70
- Haley Automotive Group Profit Sharing Plan (VA) $28M · 597
- Stevens Community Medical Center 403(b) Plan (MN) $28M · 258
Frequently Asked Questions
How did Goodman Companies Retirement Profit Sharing Plan assets move in 2024? ▼
How have Eaton Steel Bar Company plan assets changed over time? ▼
Where does Goodman Companies Retirement Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Goodman Companies Retirement Profit Sharing Plan? ▼
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Filing takeaways
Ways to act on Goodman Companies Retirement Profit Sharing Plan's numbers.
- By total assets, Goodman Companies Retirement Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Michigan. Compare plans
- Eaton Steel Bar Company's sponsor-wide assets have grown 18.0% since 2022 across 3 plan years on file. More Manufacturing plans
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 383274875.
Read our methodology - how this data is sourced, computed, and verified.