Profit Sharing · DOL Form 5500 · 2024

Garwood Implement & Supply Co Profit Sharing Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
13
Participants Small participant base
41st
Percentile by assets National rank
$371,848
Avg per participant High balance/head
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Official DOL plan name: Garwood Implement & Supply Company Profit Sharing · Sponsored by Garwood Implement & Supply Co · Texas · Agriculture, Forestry & Fishing

$5M in assets, 13 participants

Garwood Implement & Supply Co's Garwood Implement & Supply Company Profit Sharing reported $5M in total assets and 13 participants in its 2024 DOL Form 5500 filing, ranking in the 41st 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.

  • #521 in Agriculture, Forestry & Fishing (1,217 peers)

What the 2024 filing shows

Garwood Implement & Supply Company Profit Sharing holds $5M for 13 participants - about $371,848 per participant, in the lower half of filed plans by assets.

#521
in Agriculture, Forestry & Fishing (1,217 peers)
-5.5%
assets change YoY

Garwood Implement & Supply Company Profit Sharing's mid-pack asset rank among Agriculture, Forestry & Fishing and all filers

Garwood Implement & Supply Company Profit Sharing vs every filed plan by assets

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

$4,834,018 41st percentile higher than 41% 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

Garwood Implement & Supply Company Profit Sharing among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Garwood Implement & Supply Company Profit Sharing is a small filing (13 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Garwood Implement & Supply Company Profit Sharing reported net income fell from $492K in the plan year 2023 filing to $412K in the plan year 2024 filing.
  • Garwood Implement & Supply Company Profit Sharing reported participants fell from 14 in the plan year 2023 filing to 13 in the plan year 2024 filing.
  • Garwood Implement & Supply Company Profit Sharing end-of-year assets fell from $5M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 741072510 · Garwood Implement & Supply Co PY 2024 · Profit Sharing

Garwood Implement & Supply Company Profit Sharing · $5M · 13 · 41st

  • RANK $5M
  • RANK 13
  • RANK 41st
  • RANK Profit Sharing
  • RANK near Caito & Klein Associates Inc Profit Sharing Plan
  • RANK ind #521

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 Agriculture, Forestry & Fishing retirement plans → · Plans in Texas →

Garwood Implement & Supply Company Profit Sharing in the asset neighbourhood

Garwood Implement & Supply Company Profit SharingGarwood Implement & Supply C…$5MCaito & Klein Associates Inc Profit Sharing PlanCaito & Klein Associates Inc…$5MLaner Muchin Ltd Discretionary Contribution PlanLaner Muchin Ltd Discretiona…$5MJewish Community Center of St. Louis Retirement PlanJewish Community Center of S…$5MPension Plan for the Employees of Lasalle SchoolPension Plan for the Employe…$5M
End-of-year total assets ($M) among Garwood Implement & Supply Company Profit Sharing and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income$412K
Employer EIN741072510
Plan Effective Date1952-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Garwood Implement & Supply Co)

Sponsor-wide plan assets over time

All Garwood Implement & Supply Co plans reported in each filing year

Latest sponsor-wide plan assets
$5M 4.540645701522646% vs 2022
2024 filing year
$4.4M$4.6M$4.8M$5M$5.2M 202220232024 $4.62M $4.83M ▲ +4.5%
Year Plans Participants Total Assets
2022 1 14 $5M
2023 1 14 $5M
2024 1 13 $5M

Nearby Profit Sharing Plans in Texas

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

Garwood Implement & Supply Company Profit Sharing vs. nearby Profit Sharing plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -0.500.511.522.5 Total assets ($B) Participants Garwood Implement & Supply Company Profit Sharing, Total assets ($B): 0.004834018 · Participants: 13Garwood Implement & Supply Company Profit SharingBaylor College of Medicine Retirement Plan, Total assets ($B): 1.952930545 · Participants: 10721Baylor College of Medicine Retirement PlanH-E-B Partner Stock Plan, Total assets ($B): 1.562703741 · Participants: 103962H-E-B Partner Stock PlanThe Defined Contribution Plan of the Methodist Hospital, Total assets ($B): 1.093595117 · Participants: 31848The Defined Contribution Plan of the Methodist HospitalAmerican Heart Association, Inc. Qualified Retirement Plan, Total assets ($B): 0.514449309 · Participants: 3779American Heart Association, Inc. Qualified Retirement PlanHaynes and Boone Investment Directed Profit Sharing Plan, Total assets ($B): 0.309725264 · Participants: 1069Haynes and Boone Investment Directed Profit Sharing Plan
Garwood Implement & Supply Company Profit Sharing vs. nearby Profit Sharing plans in Texas, assets vs. participants

Garwood Implement & Supply Company Profit Sharing's out-of-state Profit Sharing peers by assets and headcount

Outside Texas, the nearest Profit Sharing by assets is Caito & Klein Associates Inc Profit Sharing Plan in CA ($5M); by covered participants it is Rolls Anderson & Rolls Profit Sharing Plan in CA (13 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (13 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 Garwood Implement & Supply Company Profit Sharing assets move in 2024?
Garwood Implement & Supply Company Profit Sharing pulled back noticeably - down 5.5% during 2024, from $5M to $5M. Reported net income was $412K.
How have Garwood Implement & Supply Co plan assets changed over time?
Across 3 plan years on file (2022-2024), Garwood Implement & Supply Co's sponsor-wide assets grew 4.5%, from $5M to $5M.
Which Profit Sharing plans are similar in size to Garwood Implement & Supply Company Profit Sharing?
Among Profit Sharing plans in other states, the closest by assets is Caito & Klein Associates Inc Profit Sharing Plan in CA ($5M, 14 participants).
Which Profit Sharing plans cover a similar participant headcount to Garwood Implement & Supply Company Profit Sharing?
Among Profit Sharing plans in other states, the closest by covered participants is Rolls Anderson & Rolls Profit Sharing Plan in CA (13 participants, $11M in assets).