Profit Sharing · DOL Form 5500 · 2024

Industrial Economics Incorporated Profit Sharing Plan

Data updated 2026-08-25

$71M
Total assets Below avg plan size
103
Participants Small participant base
88th
Percentile by assets National rank
$691,315
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Iec Retirement Plan · Sponsored by Industrial Economics Incorporated · Massachusetts · Professional & Technical Services

$71M in assets, 103 participants

Industrial Economics Incorporated's Iec Retirement Plan reported $71M in total assets and 103 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #17,902 in Professional & Technical Services (20,173 peers)

Coverage in Massachusetts

Iec Retirement Plan covers 103 participants in Massachusetts, about 16% of the average Massachusetts filer (state average ~659 per filing). Assets: $71M.

#17,902
in Professional & Technical Services (20,173 peers)
+18.6%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Iec Retirement Plan's outsized position by total assets

Iec Retirement Plan vs every filed plan by assets

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

$71,205,455 Top 12% higher than 88% 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

Iec Retirement Plan 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. Iec Retirement Plan sits mid-pack in the medium band (103 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Iec Retirement Plan reported net income rose from $9M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Iec Retirement Plan end-of-year assets rose from $60M in the plan year 2023 filing to $71M in the plan year 2024 filing.
  • Iec Retirement Plan reported participants rose from 96 in the plan year 2023 filing to 103 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 042735625 · Industrial Economics Incorporated PY 2024 · Profit Sharing

Iec Retirement Plan · $71M · 103 · 88th

  • VS-ST $71M
  • BOY 103
  • SCH 88th
  • EBSA Profit Sharing
  • PART near The Andrew W. Mellon Foundation Retirement Plan
  • TYPE ind #17902

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 Professional & Technical Services retirement plans → · Plans in Massachusetts →

Iec Retirement Plan in the asset neighbourhood

Ff Realty Inc Trust$71MIec Retirement Plan$71MThe Andrew W. Mellon Foundation Retirement PlanThe Andrew W. Mellon Foundat…$71MOperating Engineers Local #49 Defined Contribution PlanOperating Engineers Local #4…$71MDavid and Lucile Packard Foundation Employer Contribution Retirement PlanDavid and Lucile Packard Fou…$71M
End-of-year total assets ($M) among Iec Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$71M
Net Income$11M
Employer EIN042735625
Plan Effective Date1981-07-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Industrial Economics Incorporated)

Sponsor-wide plan assets over time

All Industrial Economics Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$83M 41.34306334209541% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $58.7M $83M ▲ +41.3%
Year Plans Participants Total Assets
2022 2 215 $59M
2023 2 216 $70M
2024 2 228 $83M

Nearby Profit Sharing Plans in Massachusetts

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

Iec Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -505101520 Total assets ($B) Participants Iec Retirement Plan, Total assets ($B): 0.071205455 · Participants: 103Iec Retirement PlanConsolidated 403(b) Program of Mass General Brigham and Member Organizations, Total assets ($B): 16.746508173 · Participants: 76559Consolidated 403(b) Program of Mass General Brigham and Member OrganizationsDemoulas (Restated) Profit Sharing Plan & Trust, Total assets ($B): 1.11674253 · Participants: 14037Demoulas (Restated) Profit Sharing Plan & TrustDana-Farber Cancer Institute Retirement Plan, Total assets ($B): 0.93023844 · Participants: 5518Dana-Farber Cancer Institute Retirement PlanThe Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund, Total assets ($B): 0.685607607 · Participants: 6385The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement FundSheet Metal Workers Local 17 Annuity Income Fund, Total assets ($B): 0.656271721 · Participants: 3065Sheet Metal Workers Local 17 Annuity Income Fund
Iec Retirement Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants

Iec Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Massachusetts, the nearest Profit Sharing by assets is The Andrew W. Mellon Foundation Retirement Plan in NY ($71M); by covered participants it is Amsterdam Retirement Plan in NY (103 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (103 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 Iec Retirement Plan assets move in 2024?
Iec Retirement Plan grew sharply - up 18.6% during 2024, from $60M to $71M. Reported net income was $11M.
How have Industrial Economics Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), Industrial Economics Incorporated's sponsor-wide assets grew 41.3%, from $59M to $83M.
Where does Iec Retirement Plan rank by assets among Form 5500 filers?
Iec Retirement Plan ranks in the 88th 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 Iec Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is The Andrew W. Mellon Foundation Retirement Plan in NY ($71M, 176 participants).
Which Profit Sharing plans cover a similar participant headcount to Iec Retirement Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Amsterdam Retirement Plan in NY (103 participants, N/A in assets).