Profit Sharing · DOL Form 5500 · 2024

Thompson Machinery Commerce Corp Profit Sharing Plan

Data updated 2026-07-24

$58M
Total assets
944
Participants
86th
Percentile by assets
$61,086
Avg per participant
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Official DOL plan name: Thompson Machinery Commerce Corp Profit Sharing Plan · Sponsored by Thompson Machinery Commerce Corp · Tennessee · Retail Trade

$58M in assets, 944 participants

Thompson Machinery Commerce Corp's Thompson Machinery Commerce Corp Profit Sharing Plan reported $58M in total assets and 944 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 116,472 plans)

Where Thompson Machinery Commerce Corp Profit Sharing Plan sits by assets

Thompson Machinery Commerce Corp Profit Sharing Plan sits in the top quartile of all filed plans by assets, $58M for 944 participants (~$61,086/participant), down 28.5% in 2024.

$58M
total plan assets (2024 EOY)
944
covered participants
86th
percentile by assets (of 116,472 plans)
$61,086
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Thompson Machinery Commerce Corp Profit Sharing Plan reported net income fell from $13M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Thompson Machinery Commerce Corp Profit Sharing Plan end-of-year assets fell from $81M in the plan year 2023 filing to $58M in the plan year 2024 filing.
  • Thompson Machinery Commerce Corp Profit Sharing Plan reported participants rose from 884 in the plan year 2023 filing to 944 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Thompson Machinery Commerce Corp Profit Sharing Plan vs the 2024 asset distribution

By assets, Thompson Machinery Commerce Corp Profit Sharing Plan outranks 86% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.6x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$81M
Net Assets (End of Year)$58M
Net Income$4M
Employer EIN621098634
Plan Effective Date1956-12-05
Filing StatusFILING RECEIVED

Sponsor Plan History (Thompson Machinery Commerce Corp)

$60M$70M$80M$90M$100M 202220232024 $67.3M $95.7M â–˛ +42.2%
Total plan assets by year, all Thompson Machinery Commerce Corp plans on file
Year Plans Participants Total Assets
2022 1 776 $67M
2023 1 884 $81M
2024 2 1,908 $96M

Nearby Profit Sharing Plans in Tennessee

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

Thompson Machinery Commerce Corp Profit Sharing Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants

Thompson Machinery Commerce Corp Profit Sharing Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 406080100 Total assets ($M) Participants Thompson Machinery C…Shreveport Electrica…New Orleans Electric…Gerber/Taylor Capita…Iron Workers Distric…University School of…
Thompson Machinery Commerce Corp Profit Sharing Plan vs. nearby Profit Sharing plans in Tennessee, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Thompson Machinery Commerce Corp Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Thompson Machinery Commerce Corp Profit Sharing Plan assets move in 2024?
Thompson Machinery Commerce Corp Profit Sharing Plan declined sharply - down 28.5% during 2024, from $81M to $58M. Reported net income was $4M.
How have Thompson Machinery Commerce Corp plan assets changed over time?
Across 3 plan years on file (2022-2024), Thompson Machinery Commerce Corp's sponsor-wide assets grew 42.2%, from $67M to $96M.
Where does Thompson Machinery Commerce Corp Profit Sharing Plan rank by assets among Form 5500 filers?
Thompson Machinery Commerce Corp Profit Sharing Plan ranks in the 86th percentile by end-of-year assets among 116,472 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 Thompson Machinery Commerce Corp Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Prudential Lighting Profit Sharing Plan and Trust in CA ($58M, 137 participants).

Next read for Thompson Machinery Commerce Corp Profit …

Scale reading

Ways to act on Thompson Machinery Commerce Corp Profit Sharing Plan's numbers.

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 621098634.

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