401(k) · DOL Form 5500 · 2024

Texas Shafts, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
40
Participants Small participant base
35th
Percentile by assets National rank
$80,620
Avg per participant Below avg balance/head
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Official DOL plan name: Texas Shafts, Inc. Profit Sharing Plan · Sponsored by Texas Shafts, Inc. · Texas · Construction

$3M in assets, 40 participants

Texas Shafts, Inc.'s Texas Shafts, Inc. Profit Sharing Plan reported $3M in total assets and 40 participants in its 2024 DOL Form 5500 filing, ranking in the 35th 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.

  • #3,056 in Construction (9,039 peers)

Texas Shafts, Inc. multi-year trail

Texas Shafts, Inc.'s plans moved +35.3% in assets from 2022 to 2024; this filing shows Texas Shafts, Inc. Profit Sharing Plan at $3M / 40 participants.

#3,056
in Construction (9,039 peers)
+2.5%
assets growth YoY

Texas Shafts, Inc. Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Texas Shafts, Inc. Profit Sharing Plan vs every filed plan by assets

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

$3,224,783 35th percentile higher than 35% 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

Texas Shafts, Inc. Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Texas Shafts, Inc. Profit Sharing Plan is a small filing (40 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Texas Shafts, Inc. Profit Sharing Plan reported net income fell from $761K in the plan year 2023 filing to $80K in the plan year 2024 filing.
  • Texas Shafts, Inc. Profit Sharing Plan reported participants fell from 43 in the plan year 2023 filing to 40 in the plan year 2024 filing.
  • Texas Shafts, Inc. Profit Sharing Plan end-of-year assets rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 742898602 · Texas Shafts, Inc. PY 2024 · 401(k)

Texas Shafts, Inc. Profit Sharing Plan · $3M · 40 · 35th

  • NET $3M
  • NET 40
  • NET 35th
  • NET 401(k)
  • NET near Kmam Holdings Corp. 401(k) Plan
  • NET ind #3056

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 Texas →

Texas Shafts, Inc. Profit Sharing Plan in the asset neighbourhood

Povol & Company, Cpa, P.C. Savings Plan TrustPovol & Company, Cpa, P.C. S…$3MBeverly Farm Foundation 401(k) PlanBeverly Farm Foundation 401(…$3MSt. Matthew's House, Inc. 401(k) Profit Sharing Plan and TrustSt. Matthew's House, Inc. 40…$3MTexas Shafts, Inc. Profit Sharing PlanTexas Shafts, Inc. Profit Sh…$3MKmam Holdings Corp. 401(k) PlanKmam Holdings Corp. 401(k) P…$3M
End-of-year total assets ($M) among Texas Shafts, Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas Shafts, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Texas Shafts, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 35.28612949075294% vs 2022
2024 filing year
$2M$2.5M$3M$3.5M 202220232024 $2.38M $3.22M ▲ +35.3%
Year Plans Participants Total Assets
2022 1 36 $2M
2023 1 43 $3M
2024 1 40 $3M

Texas Shafts, Inc. filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$80K
Employer EIN742898602
Plan Effective Date1987-04-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Texas Shafts, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Texas Shafts, Inc. Profit Sharing Plan, Total assets ($B): 0.003224783 · Participants: 40Texas Shafts, Inc. Profit Sharing PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Texas Shafts, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Texas Shafts, Inc. Profit Sharing Plan side-by-side with 3 peers →

Texas Shafts, Inc. Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Kmam Holdings Corp. 401(k) Plan in OH ($3M); by covered participants it is Sri Technologies, Inc. Retirement Savings Plan in IL (40 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (40 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 Texas Shafts, Inc. Profit Sharing Plan assets move in 2024? ▼
Texas Shafts, Inc. Profit Sharing Plan edged up modestly - up 2.5% during 2024, from $3M to $3M. Reported net income was $80K.
How have Texas Shafts, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Texas Shafts, Inc.'s sponsor-wide assets grew 35.3%, from $2M to $3M.
Which 401(k) plans are similar in size to Texas Shafts, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kmam Holdings Corp. 401(k) Plan in OH ($3M, 9 participants).
Which 401(k) plans cover a similar participant headcount to Texas Shafts, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Sri Technologies, Inc. Retirement Savings Plan in IL (40 participants, $982K 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 742898602.

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.