Profit Sharing · DOL Form 5500 · 2024

Universal Bearings, LLC Profit Sharing Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
296
Participants Below avg headcount
75th
Percentile by assets National rank
$86,699
Avg per participant Below avg balance/head
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Official DOL plan name: Universal Bearings LLC Profit Sharing Plan & Trust · Sponsored by Universal Bearings, LLC · Indiana · Manufacturing

$26M in assets, 296 participants

Universal Bearings, LLC's Universal Bearings LLC Profit Sharing Plan & Trust reported $26M in total assets and 296 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #11,615 in Manufacturing (17,777 peers)

Where Universal Bearings LLC Profit Sharing Plan & Trust sits by assets

Universal Bearings LLC Profit Sharing Plan & Trust sits in the top quartile of all filed plans by assets, $26M for 296 participants (~$86,699/participant), up 3.3% in 2024.

#11,615
in Manufacturing (17,777 peers)
+3.3%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Universal Bearings LLC Profit Sharing Plan & Trust's outsized position by total assets

Universal Bearings LLC Profit Sharing Plan & Trust vs every filed plan by assets

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

$25,662,933 Top 25% higher than 75% 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

Universal Bearings LLC Profit Sharing Plan & Trust among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Universal Bearings LLC Profit Sharing Plan & Trust sits mid-pack in the medium band (296 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Universal Bearings LLC Profit Sharing Plan & Trust reported net income fell from $3M in the plan year 2023 filing to $819K in the plan year 2024 filing.
  • Universal Bearings LLC Profit Sharing Plan & Trust reported participants rose from 283 in the plan year 2023 filing to 296 in the plan year 2024 filing.
  • Universal Bearings LLC Profit Sharing Plan & Trust end-of-year assets rose from $25M in the plan year 2023 filing to $26M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 260762205 · Universal Bearings, LLC PY 2024 · Profit Sharing

Universal Bearings LLC Profit Sharing Plan & Trust · $26M · 296 · 75th

  • SCH $26M
  • SCH 296
  • SCH 75th
  • SCH Profit Sharing
  • SCH near Concern for Mental Health, Inc. Retirement Plan
  • SCH ind #11615

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 Manufacturing retirement plans → · Plans in Indiana →

Universal Bearings LLC Profit Sharing Plan & Trust in the asset neighbourhood

Faith Technologies Incorporated 401(a) PlanFaith Technologies Incorpora…$26MUniversal Bearings LLC Profit Sharing Plan & TrustUniversal Bearings LLC Profi…$26MConcern for Mental Health, Inc. Retirement PlanConcern for Mental Health, I…$26MMelmark, Inc. Retirement Plan$26M403(b) Savings Plan for Employees of Vna Health Care403(b) Savings Plan for Empl…$26M
End-of-year total assets ($M) among Universal Bearings LLC Profit Sharing Plan & Trust and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$26M
Net Income$819K
Employer EIN260762205
Plan Effective Date1968-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Universal Bearings, LLC)

Sponsor-wide plan assets over time

All Universal Bearings, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$26M 15.492091968542038% vs 2022
2024 filing year
$20M$22M$24M$26M$28M 202220232024 $22.2M $25.7M ▲ +15.5%
Year Plans Participants Total Assets
2022 1 269 $22M
2023 1 283 $25M
2024 1 296 $26M

Nearby Profit Sharing Plans in Indiana

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

Universal Bearings LLC Profit Sharing Plan & Trust vs. nearby Profit Sharing plans in Indiana, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -10123 Total assets ($B) Participants Universal Bearings LLC Profit Sharing Plan & Trust, Total assets ($B): 0.025662933 · Participants: 296Universal Bearings LLC Profit Sharing Plan & TrustUniversity of Notre Dame 403(b) Retirement Plan, Total assets ($B): 2.6055889 · Participants: 10920University of Notre Dame 403(b) Retirement PlanIndiana State Council of Plasterers & Cement Mason Pension Fund, Total assets ($B): 0.349009284 · Participants: 1910Indiana State Council of Plasterers & Cement Mason Pension FundCfni Retirement Plan, Total assets ($B): 0.233433653 · Participants: 6376Cfni Retirement PlanDo It Best Corp. Restated Employees' Savings & Profit Sharing, Total assets ($B): 0.218637284 · Participants: 2068Do It Best Corp. Restated Employees' Savings & Profit SharingInternational Union of Operating Engineers Local 841 Qualified Savings Plan, Total assets ($B): 0.160758654 · Participants: 4760International Union of Operating Engineers Local 841 Qualified Savings Plan
Universal Bearings LLC Profit Sharing Plan & Trust vs. nearby Profit Sharing plans in Indiana, assets vs. participants

Universal Bearings LLC Profit Sharing Plan & Trust's out-of-state Profit Sharing peers by assets and headcount

Outside Indiana, the nearest Profit Sharing by assets is Concern for Mental Health, Inc. Retirement Plan in NY ($26M); by covered participants it is 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. in MA (296 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (296 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 Universal Bearings LLC Profit Sharing Plan & Trust assets move in 2024?
Universal Bearings LLC Profit Sharing Plan & Trust edged up modestly - up 3.3% during 2024, from $25M to $26M. Reported net income was $819K.
How have Universal Bearings, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Universal Bearings, LLC's sponsor-wide assets grew 15.5%, from $22M to $26M.
Where does Universal Bearings LLC Profit Sharing Plan & Trust rank by assets among Form 5500 filers?
Universal Bearings LLC Profit Sharing Plan & Trust ranks in the 75th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Universal Bearings LLC Profit Sharing Plan & Trust?
Among Profit Sharing plans in other states, the closest by assets is Concern for Mental Health, Inc. Retirement Plan in NY ($26M, 363 participants).
Which Profit Sharing plans cover a similar participant headcount to Universal Bearings LLC Profit Sharing Plan & Trust?
Among Profit Sharing plans in other states, the closest by covered participants is 403(b) Thrift Plan of Elder Services of Worcester Area, Inc. in MA (296 participants, $16M in assets).