Profit Sharing · DOL Form 5500 · 2024
Industrial Economics Incorporated Profit Sharing Plan
Data updated 2026-07-24
- $71M
- Total assets
- 103
- Participants
- 88th
- Percentile by assets
- $691,315
- Avg per participant
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.
- 88th percentile by assets (of 116,472 plans)
Coverage in Massachusetts
Iec Retirement Plan covers 103 participants in Massachusetts, about 16% of the average Massachusetts filer (state average ~641 per filing). Assets: $71M.
- $71M
- total plan assets (2024 EOY)
- 103
- covered participants
- 88th
- percentile by assets (of 116,472 plans)
- $691,315
- avg assets per participant
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.
Participants vs Massachusetts filers
In Massachusetts, the average filing covers about 641 participants across 3,941 plans. Iec Retirement Plan reports 103 participants - about 16% of that state average ($71M EOY assets).
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $60M |
|---|---|
| Net Assets (End of Year) | $71M |
| Net Income | $11M |
| Employer EIN | 042735625 |
| Plan Effective Date | 1981-07-28 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Industrial Economics Incorporated)
| 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
- Demoulas (Restated) Profit Sharing Plan & Trust $1.1B · 14,037
- Dana-Farber Cancer Institute Retirement Plan $930M · 5,518
- The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund $686M · 6,385
- Sheet Metal Workers Local 17 Annuity Income Fund $656M · 3,065
- Medical Information Technology, Inc. Profit Sharing Plan $409M · 3,306
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Iec Retirement Plan by total assets, not by location.
Frequently Asked Questions
How did Iec Retirement Plan assets move in 2024? ▼
How have Industrial Economics Incorporated plan assets changed over time? ▼
Where does Iec Retirement Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Iec Retirement Plan? ▼
Next read for Iec Retirement Plan
Filing takeaways
Ways to act on Iec Retirement Plan's numbers.
- By total assets, Iec Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Massachusetts. Compare plans
- Industrial Economics Incorporated's sponsor-wide assets have grown 41.3% since 2022 across 3 plan years on file. More Professional & Technical Services plans
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 042735625.
Read our methodology - how this data is sourced, computed, and verified.