Profit Sharing · DOL Form 5500 · 2023

Spates Fabricators, Inc. Profit Sharing Plan

Data updated 2026-08-11

$10M
Total assets
153
Participants
59th
Percentile by assets
$65,313
Avg per participant
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Official DOL plan name: Spates Fabricators, Inc. Profit Sharing Plan · Sponsored by Spates Fabricators, Inc. · California · Manufacturing

$10M in assets, 153 participants

Spates Fabricators, Inc.'s Spates Fabricators, Inc. Profit Sharing Plan reported $10M in total assets and 153 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.

  • 59th percentile by assets (of 127,072 plans)
  • #8,391 in Manufacturing (18,722 peers)

Coverage in California

Spates Fabricators, Inc. Profit Sharing Plan covers 153 participants in California, about 24% of the average California filer (state average ~630 per filing). Assets: $10M.

$10M
total plan assets (2023 EOY)
153
covered participants
59th
percentile by assets (of 127,072 plans)
$65,313
avg assets per participant

Where Spates Fabricators, Inc. Profit Sharing Plan sits by total assets

Spates Fabricators, Inc. Profit Sharing Plan vs every filed plan by assets

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

$9,992,955 Top 41% higher than 59% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Spates Fabricators, Inc. Profit Sharing Plan reported net income rose from $805K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Spates Fabricators, Inc. Profit Sharing Plan end-of-year assets rose from $8M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Spates Fabricators, Inc. Profit Sharing Plan reported participants rose from 132 in the plan year 2022 filing to 153 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Spates Fabricators, Inc. Profit Sharing Plan reports 153 participants - about 24% of that state average ($10M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$10M
Net Income$2M
Employer EIN330121502
Plan Effective Date1985-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Spates Fabricators, Inc.)

$8M$9M$10M$11M$12M 202220232024 $8.34M $11.1M ▲ +33.5%
Total plan assets by year, all Spates Fabricators, Inc. plans on file
Year Plans Participants Total Assets
2022 1 132 $8M
2023 1 153 $10M
2024 1 145 $11M

Nearby Profit Sharing Plans in California

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

Spates Fabricators, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Spates Fabricators, …, Total assets ($B): 0.009992955 · Participants: 153Spates Fabricators, …Intel Retirement Con…, Total assets ($B): 7.243052996 · Participants: 21513Intel Retirement Con…Scpmg Keogh Plan, Total assets ($B): 6.822267649 · Participants: 10125Scpmg Keogh PlanMotion Picture Indus…, Total assets ($B): 5.851994984 · Participants: 71071Motion Picture Indus…Memorialcare Retirem…, Total assets ($B): 1.32726 · Participants: 4728Memorialcare Retirem…Disney Retirement Sa…, Total assets ($B): 1.092654738 · Participants: 37110Disney Retirement Sa…
Spates Fabricators, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Spates Fabricators, Inc. Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Spates Fabricators, Inc. Profit Sharing Plan assets move in 2023?
Spates Fabricators, Inc. Profit Sharing Plan grew sharply - up 19.8% during 2023, from $8M to $10M. Reported net income was $2M.
How have Spates Fabricators, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Spates Fabricators, Inc.'s sponsor-wide assets grew 33.5%, from $8M to $11M.
Which Profit Sharing plans are similar in size to Spates Fabricators, Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Dry Harbor Hrf Inc. Profit Sharing Plan in NY ($10M, 95 participants).

Next read for Spates Fabricators, Inc. Profit Sharing …

Filing takeaways

Ways to act on Spates Fabricators, Inc. Profit Sharing Plan's numbers.

  • By total assets, Spates Fabricators, Inc. 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 California. Compare plans
  • Spates Fabricators, Inc.'s sponsor-wide assets have grown 33.5% since 2022 across 3 plan years on file. More Manufacturing plans