Profit Sharing · DOL Form 5500 · 2023
Desco Industries, Inc. Profit Sharing Plan
Data updated 2026-08-11
- $29M
- Total assets
- 303
- Participants
- 79th
- Percentile by assets
- $97,069
- Avg per participant
Official DOL plan name: Desco Industries, Inc. Profit Sharing Plan · Sponsored by Desco Industries, Inc. · California · Manufacturing
$29M in assets, 303 participants
Desco Industries, Inc.'s Desco Industries, Inc. Profit Sharing Plan reported $29M in total assets and 303 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.
- 79th percentile by assets (of 127,072 plans)
- #13,242 in Manufacturing (18,722 peers)
Coverage in California
Desco Industries, Inc. Profit Sharing Plan covers 303 participants in California, about 48% of the average California filer (state average ~630 per filing). Assets: $29M.
- $29M
- total plan assets (2023 EOY)
- 303
- covered participants
- 79th
- percentile by assets (of 127,072 plans)
- $97,069
- avg assets per participant
Where Desco Industries, Inc. Profit Sharing Plan sits by total assets
Desco Industries, Inc. Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$29,411,927 Top 21% higher than 79% of 127,068 filed plans
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
- Desco Industries, Inc. Profit Sharing Plan reported net income rose from $1M in the plan year 2022 filing to $6M in the plan year 2023 filing.
- Desco Industries, Inc. Profit Sharing Plan end-of-year assets rose from $25M in the plan year 2022 filing to $29M in the plan year 2023 filing.
- Desco Industries, Inc. Profit Sharing Plan reported participants fell from 311 in the plan year 2022 filing to 303 in the plan year 2023 filing.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Desco Industries, Inc. Profit Sharing Plan reports 303 participants - about 48% of that state average ($29M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $25M |
|---|---|
| Net Assets (End of Year) | $29M |
| Net Income | $6M |
| Employer EIN | 953368148 |
| Plan Effective Date | 1985-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Desco Industries, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 623 | $69M |
| 2023 | 2 | 607 | $87M |
Nearby Profit Sharing Plans in California
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Desco Industries, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants
- Intel Retirement Contribution Plan $7.2B · 21,513
- Scpmg Keogh Plan $6.8B · 10,125
- Motion Picture Industry Individual Account Plan $5.9B · 71,071
- Memorialcare Retirement Plan $1.3B · 4,728
- Disney Retirement Savings Plan $1.1B · 37,110
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Desco Industries, Inc. Profit Sharing Plan by total assets, not by location.
- Nan Ya Plastics Corporation, America Employees Pension Plan (NJ) $29M · 914
- Employers and Laborers Local 100 & 397 Supplemental Annuity Plan (MO) $29M · 677
- Ballester Hermanos, Inc. Retirement Plan Hermanos, Inc. Retirement Plan (PR) $30M · 561
- Wmu Homer Stryker M.D. School of Medicine Employees' Retirement Plan (MI) $30M · 785
Frequently Asked Questions
How did Desco Industries, Inc. Profit Sharing Plan assets move in 2023? ▼
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Filing takeaways
Ways to act on Desco Industries, Inc. Profit Sharing Plan's numbers.
- By total assets, Desco Industries, Inc. 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 California. Compare plans
- Desco Industries, Inc.'s sponsor-wide assets have grown 26.6% since 2022 across 2 plan years on file. More Manufacturing plans