Profit Sharing · DOL Form 5500 · 2023
His Company, Inc. Profit Sharing Plan
Data updated 2026-08-11
- $25M
- Total assets
- 340
- Participants
- 76th
- Percentile by assets
- $72,262
- Avg per participant
Official DOL plan name: Hisco Profit Sharing Plan · Sponsored by His Company, Inc. · Texas · Wholesale Trade
$25M in assets, 340 participants
His Company, Inc.'s Hisco Profit Sharing Plan reported $25M in total assets and 340 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.
- 76th percentile by assets (of 127,072 plans)
- #4,696 in Wholesale Trade (6,309 peers)
Coverage in Texas
Hisco Profit Sharing Plan covers 340 participants in Texas, about 49% of the average Texas filer (state average ~688 per filing). Assets: $25M.
- $25M
- total plan assets (2023 EOY)
- 340
- covered participants
- 76th
- percentile by assets (of 127,072 plans)
- $72,262
- avg assets per participant
The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Hisco Profit Sharing Plan reported net income rose from -$68M in the plan year 2022 filing to -$5M in the plan year 2023 filing.
- Hisco Profit Sharing Plan end-of-year assets fell from $31M in the plan year 2022 filing to $25M in the plan year 2023 filing.
- Hisco Profit Sharing Plan reported participants fell from 389 in the plan year 2022 filing to 340 in the plan year 2023 filing.
Participants vs Texas filers
In Texas, the average filing covers about 688 participants across 10,116 plans. Hisco Profit Sharing Plan reports 340 participants - about 49% of that state average ($25M EOY assets).
Texas filing particulars
| Total Assets (Beginning of Year) | $31M |
|---|---|
| Net Assets (End of Year) | $24M |
| Net Income | -$5M |
| Employer EIN | 741697282 |
| Plan Effective Date | 1974-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (His Company, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 806 | $89M |
| 2023 | 2 | 861 | $124M |
| 2024 | 1 | 501 | N/A |
Nearby Profit Sharing Plans in Texas
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Hisco Profit Sharing Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants
- Southwest Airlines Co. Profitsharing Plan $5.8B · 71,461
- Baylor College of Medicine Retirement Plan $1.7B · 10,240
- H-E-B Partner Stock Plan $1.3B · 96,911
- The Defined Contribution Plan of the Methodist Hospital $923M · 29,678
- American Heart Association, Inc. Qualified Retirement Plan $457M · 3,455
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Hisco Profit Sharing Plan by total assets, not by location.
Frequently Asked Questions
How did Hisco Profit Sharing Plan assets move in 2023? ▼
Where does Hisco Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Hisco Profit Sharing Plan? ▼
Next read for Hisco Profit Sharing Plan
Filing takeaways
Ways to act on Hisco Profit Sharing Plan's numbers.
- By total assets, Hisco Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Texas. Compare plans