Profit Sharing · DOL Form 5500 · 2023

Miller Electric Company Profit Sharing Plan

Data updated 2026-08-25

$44M
Total assets Below avg plan size
555
Participants Below avg headcount
84th
Percentile by assets National rank
$80,164
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Miller Electric Company Employees Profit Sharing Plan · Sponsored by Miller Electric Company · Florida · Construction

$44M in assets, 555 participants

Miller Electric Company's Miller Electric Company Employees Profit Sharing Plan reported $44M in total assets and 555 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #7,425 in Construction (9,030 peers)

Where Miller Electric Company Employees Profit Sharing Plan sits by assets

Miller Electric Company Employees Profit Sharing Plan sits in the top quartile of all filed plans by assets, $44M for 555 participants (~$80,164/participant), up 10.3% in 2023.

#7,425
in Construction (9,030 peers)
+10.3%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Miller Electric Company Employees Profit Sharing Plan's outsized position by total assets

Miller Electric Company Employees Profit Sharing Plan vs every filed plan by assets

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

$44,491,255 Top 16% higher than 84% 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

Miller Electric Company Employees Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Miller Electric Company Employees Profit Sharing Plan sits mid-pack in the medium band (555 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Miller Electric Company Employees Profit Sharing Plan reported net income rose from -$272K in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Miller Electric Company Employees Profit Sharing Plan reported participants rose from 502 in the plan year 2022 filing to 555 in the plan year 2023 filing.
  • Miller Electric Company Employees Profit Sharing Plan end-of-year assets rose from $40M in the plan year 2022 filing to $44M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 590361850 · Miller Electric Company PY 2023 · Profit Sharing

Miller Electric Company Employees Profit Sharing Plan · $44M · 555 · 84th

  • PCT $44M
  • EIN 555
  • RANK 84th
  • PHOTO Profit Sharing
  • IND near Communication Workers of America, AFL-CIO Local 1170 Retirement Plan
  • EOY ind #7425

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 Construction retirement plans → · Plans in Florida →

Miller Electric Company Employees Profit Sharing Plan in the asset neighbourhood

Empire State Highway Contractors Association, Inc. Retirement Plan for the Employees of Lancaster Development, Inc.Empire State Highway Contrac…$45MV. Suarez & Co., Inc. Retirement PlanV. Suarez & Co., Inc. Retire…$45MCommunication Workers of America, AFL-CIO Local 1170 Retirement PlanCommunication Workers of Ame…$44MThe Health Care Authority for Baptist Health Matching Dollar PlanThe Health Care Authority fo…$45MMiller Electric Company Employees Profit Sharing PlanMiller Electric Company Empl…$44M
End-of-year total assets ($M) among Miller Electric Company Employees Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$44M
Net Income$4M
Employer EIN590361850
Plan Effective Date1971-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Miller Electric Company)

Sponsor-wide plan assets over time

All Miller Electric Company plans reported in each filing year

Latest sponsor-wide plan assets
$39M 60.78417774590126% vs 2022
2024 filing year
$0M$50M$100M$150M$200M 202220232024 $101M $39.5M ▼ -60.8%
Year Plans Participants Total Assets
2022 2 1,026 $101M
2023 2 1,114 $152M
2024 2 1,043 $39M

Nearby Profit Sharing Plans in Florida

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

Miller Electric Company Employees Profit Sharing Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Miller Electric Company Employees Profit Sharing Plan, Total assets ($B): 0.044491255 · Participants: 555Miller Electric Company Employees Profit Sharing PlanRetirement Wealth Builder Plan of Pwc, Total assets ($B): 4.922422145 · Participants: 44753Retirement Wealth Builder Plan of PwcRaymond James Financial, Inc. & Affiliates Profit Sharing Plan, Total assets ($B): 1.237831199 · Participants: 15503Raymond James Financial, Inc. & Affiliates Profit Sharing PlanOrlando Health, Inc. Retirement Savings Plan 401a, Total assets ($B): 0.441302885 · Participants: 26077Orlando Health, Inc. Retirement Savings Plan 401aShands Health Care Matched Savings Account 401(a), Total assets ($B): 0.421060931 · Participants: 9825Shands Health Care Matched Savings Account 401(a)American Maritime Officers Defined Contribution Plan, Total assets ($B): 0.314107816 · Participants: 4371American Maritime Officers Defined Contribution Plan
Miller Electric Company Employees Profit Sharing Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants
Compare Miller Electric Company Employees Profit Sharing Plan side-by-side with 3 peers →

Miller Electric Company Employees Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Florida, the nearest Profit Sharing by assets is Communication Workers of America, AFL-CIO Local 1170 Retirement Plan in NY ($44M); by covered participants it is The Delta Pension Plan in PA (553 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (555 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 Miller Electric Company Employees Profit Sharing Plan assets move in 2023? ▼
Miller Electric Company Employees Profit Sharing Plan grew at a solid clip - up 10.3% during 2023, from $40M to $44M. Reported net income was $4M.
How have Miller Electric Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Miller Electric Company's sponsor-wide assets declined 60.8%, from $101M to $39M.
Where does Miller Electric Company Employees Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Miller Electric Company Employees Profit Sharing Plan ranks in the 84th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Miller Electric Company Employees Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Communication Workers of America, AFL-CIO Local 1170 Retirement Plan in NY ($44M, 236 participants).
Which Profit Sharing plans cover a similar participant headcount to Miller Electric Company Employees Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is The Delta Pension Plan in PA (553 participants, $23M 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 590361850.

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.