401(k) · DOL Form 5500 · 2024

Shermco Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$77M
Total assets Below avg plan size
1,079
Participants Near avg headcount
88th
Percentile by assets National rank
$71,581
Avg per participant Below avg balance/head
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Official DOL plan name: Shermco Industries, Inc. 401(k) Plan · Sponsored by Shermco Industries, Inc. · Texas · Other Services

$77M in assets, 1,079 participants

Shermco Industries, Inc.'s Shermco Industries, Inc. 401(k) Plan reported $77M in total assets and 1,079 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.

  • #7,366 in Other Services (7,719 peers)

Where Shermco Industries, Inc. 401(k) Plan sits by assets

Shermco Industries, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $77M for 1,079 participants (~$71,581/participant), up 11.0% in 2024.

#7,366
in Other Services (7,719 peers)
+11.0%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Shermco Industries, Inc. 401(k) Plan's outsized position by total assets

Shermco Industries, Inc. 401(k) Plan vs every filed plan by assets

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

$77,235,776 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

Shermco Industries, Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Shermco Industries, Inc. 401(k) Plan lands in the large band (1,079 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Shermco Industries, Inc. 401(k) Plan reported net income fell from $15M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Shermco Industries, Inc. 401(k) Plan reported participants rose from 962 in the plan year 2023 filing to 1,079 in the plan year 2024 filing.
  • Shermco Industries, Inc. 401(k) Plan end-of-year assets rose from $70M in the plan year 2023 filing to $77M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 751441394 · Shermco Industries, Inc. PY 2024 · 401(k)

Shermco Industries, Inc. 401(k) Plan · $77M · 1,079 · 88th

  • RANK $77M
  • RANK 1,079
  • RANK 88th
  • RANK 401(k)
  • RANK near Epi-Use America Inc. 401(k) Profit Sharing Plan
  • RANK ind #7366

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 Other Services retirement plans → · Plans in Texas →

Shermco Industries, Inc. 401(k) Plan in the asset neighbourhood

Global Indemnity 401(k) Plan$77MShermco Industries, Inc. 401(k) PlanShermco Industries, Inc. 401…$77MEpi-Use America Inc. 401(k) Profit Sharing PlanEpi-Use America Inc. 401(k) …$77MArc3 Gases, Inc. 401(k) Plan$77MJsp International Group, Ltd. and Affiliates 401(k) Salary Savings PlanJsp International Group, Ltd…$77M
End-of-year total assets ($M) among Shermco Industries, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$70M
Net Assets (End of Year)$77M
Net Income$8M
Employer EIN751441394
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shermco Industries, Inc.)

Sponsor-wide plan assets over time

All Shermco Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$77M 42.5930964698746% vs 2022
2024 filing year
$50M$60M$70M$80M 202220232024 $54.2M $77.2M ▲ +42.6%
Year Plans Participants Total Assets
2022 1 899 $54M
2023 1 962 $70M
2024 1 1,079 $77M

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Shermco Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Shermco Industries, Inc. 401(k) Plan, Total assets ($B): 0.077235776 · Participants: 1079Shermco Industries, Inc. 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Shermco Industries, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Shermco Industries, Inc. 401(k) Plan side-by-side with 3 peers →

Shermco Industries, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Epi-Use America Inc. 401(k) Profit Sharing Plan in GA ($77M); by covered participants it is S&me, Inc. 401(k) Plan in NC (1,079 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,079 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 Shermco Industries, Inc. 401(k) Plan assets move in 2024? ▼
Shermco Industries, Inc. 401(k) Plan grew at a solid clip - up 11.0% during 2024, from $70M to $77M. Reported net income was $8M.
How have Shermco Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Shermco Industries, Inc.'s sponsor-wide assets grew 42.6%, from $54M to $77M.
Where does Shermco Industries, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Shermco Industries, Inc. 401(k) 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 401(k) plans are similar in size to Shermco Industries, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Epi-Use America Inc. 401(k) Profit Sharing Plan in GA ($77M, 358 participants).
Which 401(k) plans cover a similar participant headcount to Shermco Industries, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is S&me, Inc. 401(k) Plan in NC (1,079 participants, $118M in assets).

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 751441394.

Read our methodology - how this data is sourced, computed, and verified.

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