Profit Sharing · DOL Form 5500 · 2024
Tomson Scrap Metal Profit Sharing Plan
Data updated 2026-07-24
- $16M
- Total assets
- 17
- Participants
- 65th
- Percentile by assets
- $926,365
- Avg per participant
Official DOL plan name: Tomson's Scrap Metal Profit Sharing Plan · Sponsored by Tomson Scrap Metal · Pennsylvania · Wholesale Trade
$16M in assets, 17 participants
Tomson Scrap Metal's Tomson's Scrap Metal Profit Sharing Plan reported $16M in total assets and 17 participants in its 2024 DOL Form 5500 filing, ranking in the 65th 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.
- 65th percentile by assets (of 116,472 plans)
Tomson Scrap Metal multi-year trail
Tomson Scrap Metal's plans moved +28.7% in assets from 2022 to 2024; this filing shows Tomson's Scrap Metal Profit Sharing Plan at $16M / 17 participants.
- $16M
- total plan assets (2024 EOY)
- 17
- covered participants
- 65th
- percentile by assets (of 116,472 plans)
- $926,365
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Tomson's Scrap Metal Profit Sharing Plan reported net income rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
- Tomson's Scrap Metal Profit Sharing Plan end-of-year assets rose from $14M in the plan year 2023 filing to $16M in the plan year 2024 filing.
- Tomson's Scrap Metal Profit Sharing Plan reported participants rose from 16 in the plan year 2023 filing to 17 in the plan year 2024 filing.
Tomson Scrap Metal across 3 plan years on file
Across the 3 plan years Tomson Scrap Metal has on file (2022-2024), sponsor-wide plan assets have moved from $12M to $16M, a gain of 28.7%, while reported participants moved from 19 to 17 (-10.5%). Peak year by sponsor assets: 2024 ($16M); trough: 2022 ($12M).
Tomson Scrap Metal multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 19 | $12M |
| 2023 | 1 | 16 | $14M |
| 2024 | 1 | 17 | $16M |
Tomson Scrap Metal filing trail (2024)
| Total Assets (Beginning of Year) | $14M |
|---|---|
| Net Assets (End of Year) | $16M |
| Net Income | $2M |
| Employer EIN | 251415713 |
| Plan Effective Date | 1993-01-01 |
| Filing Status | FILING RECEIVED |
Nearby Profit Sharing Plans in Pennsylvania
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Tomson's Scrap Metal Profit Sharing Plan vs. nearby Profit Sharing plans in Pennsylvania, assets vs. participants
- Eastern Atlantic States Carpenters Annuity Fund $2.2B · 14,807
- University of Pennsylvania Basic Plan $2.0B · 21,954
- International Brotherhood of Electrical Workers Local Union 98 - Profit Sharing Plan $1.3B · 3,927
- Temple University Health System, Inc. Defined Contribution Retirement Plan $876M · 10,394
- Steamfitters Local Union No. 420 Srp $728M · 6,716
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Tomson's Scrap Metal Profit Sharing Plan by total assets, not by location.
Frequently Asked Questions
How did Tomson's Scrap Metal Profit Sharing Plan assets move in 2024? ▼
How have Tomson Scrap Metal plan assets changed over time? ▼
Which Profit Sharing plans are similar in size to Tomson's Scrap Metal Profit Sharing Plan? ▼
Next read for Tomson's Scrap Metal Profit Sharing Plan
Multi-year trail
Ways to act on Tomson's Scrap Metal Profit Sharing Plan's numbers.
- By total assets, Tomson's Scrap Metal Profit Sharing Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Pennsylvania. Compare plans
- Tomson Scrap Metal's sponsor-wide assets have grown 28.7% since 2022 across 3 plan years on file. More Wholesale Trade 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 251415713.
Read our methodology - how this data is sourced, computed, and verified.