Profit Sharing · DOL Form 5500 · 2024

Thomas, Bennett & Hunter, Inc. Profit Sharing Plan

Data updated 2026-07-24

$22M
Total assets
107
Participants
72nd
Percentile by assets
$206,236
Avg per participant
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Official DOL plan name: Thomas, Bennett & Hunter, Inc. Employee Profit Sharing Plan · Sponsored by Thomas, Bennett & Hunter, Inc. · Maryland · Manufacturing

$22M in assets, 107 participants

Thomas, Bennett & Hunter, Inc.'s Thomas, Bennett & Hunter, Inc. Employee Profit Sharing Plan reported $22M in total assets and 107 participants in its 2024 DOL Form 5500 filing, ranking in the 72nd 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.

  • 72nd percentile by assets (of 116,472 plans)

Coverage in Maryland

Thomas, Bennett & Hunter, Inc. Employee Profit Sharing Plan covers 107 participants in Maryland, about 11% of the average Maryland filer (state average ~971 per filing). Assets: $22M.

$22M
total plan assets (2024 EOY)
107
covered participants
72nd
percentile by assets (of 116,472 plans)
$206,236
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Thomas, Bennett & Hunter, Inc. Employee Profit Sharing Plan end-of-year assets rose from $20M in the plan year 2023 filing to $22M in the plan year 2024 filing.
  • Thomas, Bennett & Hunter, Inc. Employee Profit Sharing Plan reported participants rose from 98 in the plan year 2023 filing to 107 in the plan year 2024 filing.
  • Thomas, Bennett & Hunter, Inc. Employee Profit Sharing Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Maryland filers

In Maryland, the average filing covers about 971 participants across 2,307 plans. Thomas, Bennett & Hunter, Inc. Employee Profit Sharing Plan reports 107 participants - about 11% of that state average ($22M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$22M
Net Income$2M
Employer EIN520507300
Plan Effective Date1972-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Thomas, Bennett & Hunter, Inc.)

$16M$18M$20M$22M$24M 202220232024 $17.5M $22.1M ▲ +25.9%
Total plan assets by year, all Thomas, Bennett & Hunter, Inc. plans on file
Year Plans Participants Total Assets
2022 1 104 $18M
2023 1 98 $20M
2024 1 107 $22M

Nearby Profit Sharing Plans in Maryland

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

Thomas, Bennett & Hunter, Inc. Employee Profit Sharing Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants

Thomas, Bennett & Hunter, Inc. Employee Profit Sharing Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -101234 Total assets ($B) Participants Thomas, Bennett & Hu…Sprinkler Industry S…Nfl Player Annuity P…University of Maryla…Nfl Player Capital A…International Painte…
Thomas, Bennett & Hunter, Inc. Employee Profit Sharing Plan vs. nearby Profit Sharing plans in Maryland, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Thomas, Bennett & Hunter, Inc. Employee Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Thomas, Bennett & Hunter, Inc. Employee Profit Sharing Plan assets move in 2024?
Thomas, Bennett & Hunter, Inc. Employee Profit Sharing Plan grew at a solid clip - up 11.1% during 2024, from $20M to $22M. Reported net income was $2M.
How have Thomas, Bennett & Hunter, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Thomas, Bennett & Hunter, Inc.'s sponsor-wide assets grew 25.9%, from $18M to $22M.
Which Profit Sharing plans are similar in size to Thomas, Bennett & Hunter, Inc. Employee Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Hutton and Hutton Profit Sharing Plan in KS ($22M, 12 participants).

Next read for Thomas, Bennett & Hunter, Inc. Employee …

Filing takeaways

Ways to act on Thomas, Bennett & Hunter, Inc. Employee Profit Sharing Plan's numbers.

  • By total assets, Thomas, Bennett & Hunter, Inc. Employee Profit Sharing Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Maryland. Compare plans
  • Thomas, Bennett & Hunter, Inc.'s sponsor-wide assets have grown 25.9% since 2022 across 3 plan years on file. More Manufacturing 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 520507300.

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