Profit Sharing · DOL Form 5500 · 2024

Eaton Steel Bar Company Profit Sharing Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
139
Participants Small participant base
76th
Percentile by assets National rank
$204,033
Avg per participant Above avg balance/head
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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.

  • #12,012 in Manufacturing (17,777 peers)

Coverage in Michigan

Goodman Companies Retirement Profit Sharing Plan covers 139 participants in Michigan, about 22% of the average Michigan filer (state average ~638 per filing). Assets: $28M.

#12,012
in Manufacturing (17,777 peers)
+13.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Goodman Companies Retirement Profit Sharing Plan's outsized position by total assets

Goodman Companies Retirement Profit Sharing Plan vs every filed plan by assets

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

$28,360,555 Top 24% higher than 76% 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

Goodman Companies Retirement Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Goodman Companies Retirement Profit Sharing Plan sits mid-pack in the medium band (139 participants).

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.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 383274875 · Eaton Steel Bar Company PY 2024 · Profit Sharing

Goodman Companies Retirement Profit Sharing Plan · $28M · 139 · 76th

  • PCT $28M
  • EIN 139
  • RANK 76th
  • PHOTO Profit Sharing
  • IND near Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund
  • EOY ind #12012

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 Michigan →

Goodman Companies Retirement Profit Sharing Plan in the asset neighbourhood

Haley Automotive Group Profit Sharing PlanHaley Automotive Group Profi…$28MGoodman Companies Retirement Profit Sharing PlanGoodman Companies Retirement…$28MIron Workers, Riggers & Machinery Movers Local 405 Annuity FundIron Workers, Riggers & Mach…$28MGursey Schneider LLP Retirement Savings PlanGursey Schneider LLP Retirem…$28MEmpire State Highway Contractors Association, Inc Retirement Plan for the Employees of Tioga Construction Co., Inc.Empire State Highway Contrac…$28M
End-of-year total assets ($M) among Goodman Companies Retirement Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$28M
Net Income$3M
Employer EIN383274875
Plan Effective Date1997-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Eaton Steel Bar Company)

Sponsor-wide plan assets over time

All Eaton Steel Bar Company plans reported in each filing year

Latest sponsor-wide plan assets
$28M 18.03953406262524% vs 2022
2024 filing year
$22M$24M$26M$28M$30M 202220232024 $24M $28.4M ▲ +18.0%
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 Scatter plot of 6 data points. -5000050001000015000 -0.500.511.52 Total assets ($B) Participants Goodman Companies Retirement Profit Sharing Plan, Total assets ($B): 0.028360555 · Participants: 139Goodman Companies Retirement Profit Sharing PlanHenry Ford Health System Retirement Savings Plan, Total assets ($B): 1.838163362 · Participants: 13461Henry Ford Health System Retirement Savings PlanHemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan, Total assets ($B): 0.339745231 · Participants: 1472Hemlock Semiconductor Operations LLC Employees' Capital Accumulation PlanIron Workers Defined Contribution Pension Fund Plan, Total assets ($B): 0.231623418 · Participants: 5319Iron Workers Defined Contribution Pension Fund PlanNECA-IBEW Memphis Retirement Plan, Total assets ($B): 0.229985274 · Participants: 2755NECA-IBEW Memphis Retirement PlanPlumbers and Pipefitters Local Union 520 Annuity Plan, Total assets ($B): 0.219548504 · Participants: 1639Plumbers and Pipefitters Local Union 520 Annuity Plan
Goodman Companies Retirement Profit Sharing Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Goodman Companies Retirement Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund in PA ($28M); by covered participants it is Echo Community Health Care 403(b) Plan in IN (139 participants). Same-state nearby plans are listed separately above.

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 Goodman Companies Retirement Profit Sharing Plan assets move in 2024?
Goodman Companies Retirement Profit Sharing Plan grew at a solid clip - up 13.6% during 2024, from $25M to $28M. Reported net income was $3M.
How have Eaton Steel Bar Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Eaton Steel Bar Company's sponsor-wide assets grew 18.0%, from $24M to $28M.
Where does Goodman Companies Retirement Profit Sharing Plan rank by assets among Form 5500 filers?
Goodman Companies Retirement Profit Sharing Plan ranks in the 76th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Goodman Companies Retirement Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund in PA ($28M, 372 participants).
Which Profit Sharing plans cover a similar participant headcount to Goodman Companies Retirement Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Echo Community Health Care 403(b) Plan in IN (139 participants, $10M in assets).