Profit Sharing · DOL Form 5500 · 2024

Plant Drives and Systems, Inc. Profit Sharing Plan

Data updated 2026-08-25

$2K
Total assets Small plan by assets
9
Participants Small participant base
1st
Percentile by assets National rank
$200
Avg per participant Low balance/head
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Official DOL plan name: Plant Drives and Systems, Inc. Profit Sharing Plan · Sponsored by Plant Drives and Systems, Inc. · Tennessee · Wholesale Trade

$2K in assets, 9 participants

Plant Drives and Systems, Inc.'s Plant Drives and Systems, Inc. Profit Sharing Plan reported $2K in total assets and 9 participants in its 2024 DOL Form 5500 filing, ranking in the 1st 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.

  • #27 in Wholesale Trade (6,080 peers)

Plant Drives and Systems, Inc. multi-year trail

Plant Drives and Systems, Inc.'s plans moved -99.8% in assets from 2022 to 2024; this filing shows Plant Drives and Systems, Inc. Profit Sharing Plan at $2K / 9 participants.

#27
in Wholesale Trade (6,080 peers)
-99.8%
assets change YoY

The plan reported a net loss of $910K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Plant Drives and Systems, Inc. Profit Sharing Plan among the smaller filed plans by assets

Plant Drives and Systems, Inc. Profit Sharing Plan vs every filed plan by assets

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

$1,800 1st percentile higher than 1% 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

Plant Drives and Systems, Inc. Profit Sharing Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Plant Drives and Systems, Inc. Profit Sharing Plan is a micro filing (9 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Plant Drives and Systems, Inc. Profit Sharing Plan reported net income fell from -$197K in the plan year 2023 filing to -$910K in the plan year 2024 filing.
  • Plant Drives and Systems, Inc. Profit Sharing Plan end-of-year assets fell from $911K in the plan year 2023 filing to $2K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 273120848 · Plant Drives and Systems, Inc. PY 2024 · Profit Sharing

Plant Drives and Systems, Inc. Profit Sharing Plan · $2K · 9 · 1st

  • EBSA $2K
  • EBSA 9
  • EBSA 1st
  • EBSA Profit Sharing
  • EBSA near Galactic Enterprises, Inc. Retirement Plan
  • EBSA ind #27

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 Wholesale Trade retirement plans → · Plans in Tennessee →

Plant Drives and Systems, Inc. Profit Sharing Plan in the asset neighbourhood

Plant Drives and Systems, Inc. Profit Sharing PlanPlant Drives and Systems, In…$2KGalactic Enterprises, Inc. Retirement PlanGalactic Enterprises, Inc. R…$2KProtameen Chemicals, Inc. Profit Sharing PlanProtameen Chemicals, Inc. Pr…$2KThe Access Pooled Employer Plan - Series 1The Access Pooled Employer P…$2KMincey Enterprises Inc. Retirement PlanMincey Enterprises Inc. Reti…$2K
End-of-year total assets ($M) among Plant Drives and Systems, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Plant Drives and Systems, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Plant Drives and Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2K 99.8376320254593% vs 2022
2024 filing year
$0M$0.5M$1M$1.5M 202220232024 $1.11M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 9 $1M
2023 1 9 $911K
2024 2 10 $2K

Plant Drives and Systems, Inc. filing trail (2024)

Total Assets (Beginning of Year)$911K
Net Assets (End of Year)$2K
Net Income-$910K
Employer EIN273120848
Plan Effective Date2010-07-27
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Tennessee

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

Plant Drives and Systems, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -2000200400600 Total assets ($M) Participants Plant Drives and Systems, Inc. Profit Sharing Plan, Total assets ($M): 0.0018 · Participants: 9Plant Drives and Systems, 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
Plant Drives and Systems, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants
Compare Plant Drives and Systems, Inc. Profit Sharing Plan side-by-side with 3 peers →

Plant Drives and Systems, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Tennessee, the nearest Profit Sharing by assets is Galactic Enterprises, Inc. Retirement Plan in NJ ($2K); by covered participants it is Mab Financial Services, Inc. Retirement Plan in MD (9 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (9 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 Plant Drives and Systems, Inc. Profit Sharing Plan assets move in 2024? ▼
Plant Drives and Systems, Inc. Profit Sharing Plan contracted severely - down 99.8% during 2024, from $911K to $2K. Reported net income was -$910K.
How have Plant Drives and Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Plant Drives and Systems, Inc.'s sponsor-wide assets declined 99.8%, from $1M to $2K.
Where does Plant Drives and Systems, Inc. Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Plant Drives and Systems, Inc. Profit Sharing Plan ranks in the 1st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Plant Drives and Systems, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Galactic Enterprises, Inc. Retirement Plan in NJ ($2K, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to Plant Drives and Systems, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Mab Financial Services, Inc. Retirement Plan in MD (9 participants, $3M 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 273120848.

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.