Profit Sharing · DOL Form 5500 · 2024

Degroff Process Equipment Co, Inc Profit Sharing Plan

Data updated 2026-08-25

$420K
Total assets Small plan by assets
2
Participants Small participant base
16th
Percentile by assets National rank
$209,849
Avg per participant Above avg balance/head
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Official DOL plan name: Degroff Process Equipment Co Profit Sharing Plan · Sponsored by Degroff Process Equipment Co, Inc · Tennessee · Wholesale Trade

$420K in assets, 2 participants

Degroff Process Equipment Co, Inc's Degroff Process Equipment Co Profit Sharing Plan reported $420K in total assets and 2 participants in its 2024 DOL Form 5500 filing, ranking in the 16th 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.

  • #490 in Wholesale Trade (6,080 peers)

Degroff Process Equipment Co, Inc multi-year trail

Degroff Process Equipment Co, Inc's plans moved +44.1% in assets from 2022 to 2024; this filing shows Degroff Process Equipment Co Profit Sharing Plan at $420K / 2 participants.

#490
in Wholesale Trade (6,080 peers)
+26.3%
assets growth YoY

Degroff Process Equipment Co Profit Sharing Plan among the smaller filed plans by assets

Degroff Process Equipment Co Profit Sharing Plan vs every filed plan by assets

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

$419,698 16th percentile higher than 16% 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

Degroff Process Equipment Co Profit Sharing Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Degroff Process Equipment Co Profit Sharing Plan is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Degroff Process Equipment Co Profit Sharing Plan reported net income rose from $41K in the plan year 2023 filing to $87K in the plan year 2024 filing.
  • Degroff Process Equipment Co Profit Sharing Plan end-of-year assets rose from $332K in the plan year 2023 filing to $420K in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 621009893 · Degroff Process Equipment Co, Inc PY 2024 · Profit Sharing

Degroff Process Equipment Co Profit Sharing Plan · $420K · 2 · 16th

  • RANK $420K
  • RANK 2
  • RANK 16th
  • RANK Profit Sharing
  • RANK near Florida's Top Insurance Services Inc. Retirement Plan
  • RANK ind #490

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 Wholesale Trade retirement plans → · Plans in Tennessee →

Degroff Process Equipment Co Profit Sharing Plan in the asset neighbourhood

Degroff Process Equipment Co Profit Sharing PlanDegroff Process Equipment Co…$420KFlorida's Top Insurance Services Inc. Retirement PlanFlorida's Top Insurance Serv…$420KBudd Logistics, Inc. Retirement PlanBudd Logistics, Inc. Retirem…$420KCreature Films Inc Profit Sharing PlanCreature Films Inc Profit Sh…$420KRicktina Inc. Retirement Plan$420K
End-of-year total assets ($M) among Degroff Process Equipment Co Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Degroff Process Equipment Co, Inc multi-year asset trail

Sponsor-wide plan assets over time

All Degroff Process Equipment Co, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$420K 44.0948964001854% vs 2022
2024 filing year
$0.25M$0.3M$0.35M$0.4M$0.45M 202220232024 $0.29M $0.42M ▲ +44.8%
Year Plans Participants Total Assets
2022 1 3 $291K
2023 1 2 $332K
2024 1 2 $420K

Degroff Process Equipment Co, Inc filing trail (2024)

Total Assets (Beginning of Year)$332K
Net Assets (End of Year)$420K
Net Income$87K
Employer EIN621009893
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Tennessee

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

Degroff Process Equipment Co Profit Sharing Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -2000200400600 Total assets ($M) Participants Degroff Process Equipment Co Profit Sharing Plan, Total assets ($M): 0.419698 · Participants: 2Degroff Process Equipment Co Profit Sharing PlanBallad Health 401(a) Plan, Total assets ($M): 486.286208 · Participants: 4963Ballad Health 401(a) PlanShreveport Electrical Industry Profit Sharing Plan, Total assets ($M): 95.199644 · Participants: 527Shreveport Electrical Industry Profit Sharing PlanNew Orleans Electrical Annuity Plan, Total assets ($M): 88.353304 · Participants: 1393New Orleans Electrical Annuity PlanUlps Employee Savings Plan, Total assets ($M): 78.101983 · Participants: 236Ulps Employee Savings PlanThompson Machinery Commerce Corp Profit Sharing Plan, Total assets ($M): 57.665281 · Participants: 944Thompson Machinery Commerce Corp Profit Sharing Plan
Degroff Process Equipment Co Profit Sharing Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants
Compare Degroff Process Equipment Co Profit Sharing Plan side-by-side with 3 peers →

Degroff Process Equipment Co Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Tennessee, the nearest Profit Sharing by assets is Florida's Top Insurance Services Inc. Retirement Plan in FL ($420K); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($420K here).

Similar participant headcount

Nearest other-state filings by covered participants (2 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 Degroff Process Equipment Co Profit Sharing Plan assets move in 2024? ▼
Degroff Process Equipment Co Profit Sharing Plan grew sharply - up 26.3% during 2024, from $332K to $420K. Reported net income was $87K.
How have Degroff Process Equipment Co, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Degroff Process Equipment Co, Inc's sponsor-wide assets grew 44.1%, from $291K to $420K.
Where does Degroff Process Equipment Co Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Degroff Process Equipment Co Profit Sharing Plan ranks in the 16th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Degroff Process Equipment Co Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Florida's Top Insurance Services Inc. Retirement Plan in FL ($420K, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to Degroff Process Equipment Co Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants, $5M in assets).

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 621009893.

Read our methodology - how this data is sourced, computed, and verified.

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