Profit Sharing · DOL Form 5500 · 2024

William T Hutchinson Company Profit Sharing Plan Profit Sharing Plan

Data updated 2026-08-06

$3M
Total assets
11
Participants
35th
Percentile by assets
$288,813
Avg per participant
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Official DOL plan name: William T Hutchinson Company Profit Sharing Plan · Sponsored by William T Hutchinson Company Profit Sharing Plan · New Jersey · Manufacturing

$3M in assets, 11 participants

William T Hutchinson Company Profit Sharing Plan's William T Hutchinson Company Profit Sharing Plan reported $3M in total assets and 11 participants in its 2024 DOL Form 5500 filing, ranking in the 35th 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.

  • 35th percentile by assets (of 116,472 plans)

William T Hutchinson Company Profit Sharing Plan multi-year trail

William T Hutchinson Company Profit Sharing Plan's plans moved -11.5% in assets from 2022 to 2024; this filing shows William T Hutchinson Company Profit Sharing Plan at $3M / 11 participants.

$3M
total plan assets (2024 EOY)
11
covered participants
35th
percentile by assets (of 116,472 plans)
$288,813
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • William T Hutchinson Company Profit Sharing Plan reported net income rose from -$703K in the plan year 2023 filing to $290K in the plan year 2024 filing.
  • William T Hutchinson Company Profit Sharing Plan end-of-year assets rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

William T Hutchinson Company Profit Sharing Plan across 3 plan years on file

Across the 3 plan years William T Hutchinson Company Profit Sharing Plan has on file (2022-2024), sponsor-wide plan assets have moved from $4M to $3M, a decline of 11.5%, while reported participants moved from 10 to 11 (+10.0%). Peak year by sponsor assets: 2022 ($4M); trough: 2023 ($3M).

William T Hutchinson Company Profit Sharing Plan multi-year asset trail

$2.5M$3M$3.5M$4M 202220232024 $3.59M $3.18M â–Ľ -11.4%
Total plan assets by year, all William T Hutchinson Company Profit Sharing Plan plans on file
Year Plans Participants Total Assets
2022 1 10 $4M
2023 1 11 $3M
2024 1 11 $3M

William T Hutchinson Company Profit Sharing Plan filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$290K
Employer EIN221520866
Plan Effective Date1970-02-28
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in New Jersey

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

William T Hutchinson Company Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

William T Hutchinson Company Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -10123 Total assets ($B) Participants William T Hutchinson…Ernst & Young Partne…Heavy & General Labo…IBEW Local Union No …Kpmg Partner Retirem…Cooper Health System…
William T Hutchinson Company Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to William T Hutchinson Company Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did William T Hutchinson Company Profit Sharing Plan assets move in 2024?
William T Hutchinson Company Profit Sharing Plan grew at a solid clip - up 10.0% during 2024, from $3M to $3M. Reported net income was $290K.
How have William T Hutchinson Company Profit Sharing Plan plan assets changed over time?
Across 3 plan years on file (2022-2024), William T Hutchinson Company Profit Sharing Plan's sponsor-wide assets declined 11.5%, from $4M to $3M.
Which Profit Sharing plans are similar in size to William T Hutchinson Company Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Lynnrich Inc Profit Sharing Plan in CA ($3M, 60 participants).

Next read for William T Hutchinson Company Profit Shar…

Multi-year trail

Ways to act on William T Hutchinson Company 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 221520866.

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