Profit Sharing · DOL Form 5500 · 2024

Pennsylvania Tool Sales & Services Profit Sharing Plan

Data updated 2026-07-24

$58M
Total assets
132
Participants
86th
Percentile by assets
$442,815
Avg per participant
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Official DOL plan name: Pennsylvania Tool Sales & Services Profit Sharing Plan · Sponsored by Pennsylvania Tool Sales & Services · Ohio · Wholesale Trade

$58M in assets, 132 participants

Pennsylvania Tool Sales & Services's Pennsylvania Tool Sales & Services Profit Sharing Plan reported $58M in total assets and 132 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)

Coverage in Ohio

Pennsylvania Tool Sales & Services Profit Sharing Plan covers 132 participants in Ohio, about 17% of the average Ohio filer (state average ~787 per filing). Assets: $58M.

$58M
total plan assets (2024 EOY)
132
covered participants
86th
percentile by assets (of 116,472 plans)
$442,815
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Pennsylvania Tool Sales & Services Profit Sharing Plan reported net income fell from $7M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Pennsylvania Tool Sales & Services Profit Sharing Plan end-of-year assets rose from $55M in the plan year 2023 filing to $58M in the plan year 2024 filing.
  • Pennsylvania Tool Sales & Services Profit Sharing Plan reported participants fell from 136 in the plan year 2023 filing to 132 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Ohio filers

In Ohio, the average filing covers about 787 participants across 4,840 plans. Pennsylvania Tool Sales & Services Profit Sharing Plan reports 132 participants - about 17% of that state average ($58M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$55M
Net Assets (End of Year)$58M
Net Income$3M
Employer EIN251356417
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pennsylvania Tool Sales & Services)

$40M$50M$60M$70M$80M$90M 202220232024 $48M $80.3M ▲ +67.2%
Total plan assets by year, all Pennsylvania Tool Sales & Services plans on file
Year Plans Participants Total Assets
2022 1 155 $48M
2023 2 298 $63M
2024 2 289 $80M

Nearby Profit Sharing Plans in Ohio

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

Pennsylvania Tool Sales & Services Profit Sharing Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants

Pennsylvania Tool Sales & Services Profit Sharing Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -0.500.511.52 Total assets ($B) Participants Pennsylvania Tool Sa…Cleveland Clinic Inv…Masterbrand, Inc. Re…Worthington Steel, I…The Employer Retirem…Three Rivers Annuity…
Pennsylvania Tool Sales & Services Profit Sharing Plan vs. nearby Profit Sharing plans in Ohio, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Pennsylvania Tool Sales & Services Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Pennsylvania Tool Sales & Services Profit Sharing Plan assets move in 2024?
Pennsylvania Tool Sales & Services Profit Sharing Plan grew at a solid clip - up 6.1% during 2024, from $55M to $58M. Reported net income was $3M.
How have Pennsylvania Tool Sales & Services plan assets changed over time?
Across 3 plan years on file (2022-2024), Pennsylvania Tool Sales & Services's sponsor-wide assets grew 67.2%, from $48M to $80M.
Where does Pennsylvania Tool Sales & Services Profit Sharing Plan rank by assets among Form 5500 filers?
Pennsylvania Tool Sales & Services 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 Pennsylvania Tool Sales & Services Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Our Lady of the Lake University Defined Contribution Retirement Plan in TX ($58M, 892 participants).

Next read for Pennsylvania Tool Sales & Services Profi…

Filing takeaways

Ways to act on Pennsylvania Tool Sales & Services Profit Sharing Plan's numbers.

  • By total assets, Pennsylvania Tool Sales & Services Profit Sharing 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 Ohio. Compare plans
  • Pennsylvania Tool Sales & Services's sponsor-wide assets have grown 67.2% since 2022 across 3 plan years on file. More Wholesale Trade 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 251356417.

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