Profit Sharing · DOL Form 5500 · 2024

Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust Profit Sharing Plan

Data updated 2026-07-24

$13M
Total assets
3,212
Participants
62nd
Percentile by assets
$4,092
Avg per participant
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Official DOL plan name: Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust · Sponsored by Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust · Illinois · Manufacturing

$13M in assets, 3,212 participants

Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust's Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust reported $13M in total assets and 3,212 participants in its 2024 DOL Form 5500 filing, ranking in the 62nd 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.

  • 62nd percentile by assets (of 116,472 plans)

Coverage in Illinois

Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust covers 3,212 participants in Illinois, 4.2x the typical Illinois plan (state average ~768 per filing). Assets: $13M.

$13M
total plan assets (2024 EOY)
3,212
covered participants
62nd
percentile by assets (of 116,472 plans)
$4,092
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust reported net income rose from -$21M in the plan year 2023 filing to $597K in the plan year 2024 filing.
  • Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust end-of-year assets rose from $13M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust reported participants rose from 3,113 in the plan year 2023 filing to 3,212 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Illinois filers

In Illinois, the average filing covers about 768 participants across 5,440 plans. Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust reports 3,212 participants - 4.2x that state average ($13M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$13M
Net Income$597K
Employer EIN370951425
Plan Effective Date1973-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust)

$10M$20M$30M$40M 202220232024 $34.2M $15.2M ▼ -55.6%
Total plan assets by year, all Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust plans on file
Year Plans Participants Total Assets
2022 2 4,987 $34M
2023 2 5,293 $14M
2024 2 5,480 $15M

Nearby Profit Sharing Plans in Illinois

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

Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust vs. nearby Profit Sharing plans in Illinois, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -101234 Total assets ($B) Participants Gilster-Mary Lee Cor…W. W. Grainger, Inc.…Mcmaster-Carr Supply…Midwest Operating En…Structural Iron Work…Sidley Austin LLP Re…
Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust by total assets, not by location.

Frequently Asked Questions

How did Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust assets move in 2024?
Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust edged up modestly - up 4.8% during 2024, from $13M to $13M. Reported net income was $597K.
How have Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust plan assets changed over time?
Across 3 plan years on file (2022-2024), Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust's sponsor-wide assets declined 55.6%, from $34M to $15M.
Which Profit Sharing plans are similar in size to Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust?
Among Profit Sharing plans in other states, the closest by assets is Hannahan Endodontic Group, P.C. Profit Sharing Plan in AL ($13M, 7 participants).

Next read for Gilster-Mary Lee Corp Employees Profit S…

Filing takeaways

Ways to act on Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust's numbers.

  • By total assets, Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Illinois. Compare plans
  • Gilster-Mary Lee Corp Employees Profit Sharing Retirement Trust's sponsor-wide assets have declined 55.6% since 2022 across 3 plan years on file. More Manufacturing 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 370951425.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.