Profit Sharing · DOL Form 5500 · 2024

Park Steel & Iron Co Profit Sharing Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
2
Participants Small participant base
43rd
Percentile by assets National rank
$2.6M
Avg per participant High balance/head
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Official DOL plan name: Park Steel & Iron Company Employees Profit Sharing Plan · Sponsored by Park Steel & Iron Co · New Jersey · Manufacturing

$5M in assets, 2 participants

Park Steel & Iron Co's Park Steel & Iron Company Employees Profit Sharing Plan reported $5M in total assets and 2 participants in its 2024 DOL Form 5500 filing, ranking in the 43rd 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.

  • #4,612 in Manufacturing (17,777 peers)

Park Steel & Iron Co multi-year trail

Park Steel & Iron Co's plans moved +54.1% in assets from 2022 to 2024; this filing shows Park Steel & Iron Company Employees Profit Sharing Plan at $5M / 2 participants.

#4,612
in Manufacturing (17,777 peers)
+19.8%
assets growth YoY

Park Steel & Iron Company Employees Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Park Steel & Iron Company Employees Profit Sharing Plan vs every filed plan by assets

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

$5,256,950 43rd percentile higher than 43% 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

Park Steel & Iron Company Employees Profit Sharing Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Park Steel & Iron Company Employees Profit Sharing Plan is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Park Steel & Iron Company Employees Profit Sharing Plan end-of-year assets rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Park Steel & Iron Company Employees Profit Sharing Plan reported net income fell from $976K in the plan year 2023 filing to $870K in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 210531540 · Park Steel & Iron Co PY 2024 · Profit Sharing

Park Steel & Iron Company Employees Profit Sharing Plan · $5M · 2 · 43rd

  • PART $5M
  • TYPE 2
  • NET 43rd
  • BOOK Profit Sharing
  • VS-ST near Wai S. Lee, M.D. Profit Sharing Plan
  • BOY ind #4612

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 Manufacturing retirement plans → · Plans in New Jersey →

Park Steel & Iron Company Employees Profit Sharing Plan in the asset neighbourhood

Park Steel & Iron Company Employees Profit Sharing PlanPark Steel & Iron Company Em…$5MWai S. Lee, M.D. Profit Sharing PlanWai S. Lee, M.D. Profit Shar…$5MJ M Egloff Profit Sharing PlanJ M Egloff Profit Sharing Pl…$5MH.a. Bowen Electric, Inc. Profit Sharing PlanH.a. Bowen Electric, Inc. Pr…$5MPerris Valley Vision Center Profit Sharing PlanPerris Valley Vision Center …$5M
End-of-year total assets ($M) among Park Steel & Iron Company Employees Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Park Steel & Iron Co multi-year asset trail

Sponsor-wide plan assets over time

All Park Steel & Iron Co plans reported in each filing year

Latest sponsor-wide plan assets
$5M 54.1300322160339% vs 2022
2024 filing year
$3M$4M$5M$6M 202220232024 $3.41M $5.26M ▲ +54.3%
Year Plans Participants Total Assets
2022 1 2 $3M
2023 1 2 $4M
2024 1 2 $5M

Park Steel & Iron Co filing trail (2024)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$870K
Employer EIN210531540
Plan Effective Date1976-10-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in New Jersey

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

Park Steel & Iron Company Employees Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -10123 Total assets ($B) Participants Park Steel & Iron Company Employees Profit Sharing Plan, Total assets ($B): 0.00525695 · Participants: 2Park Steel & Iron Company Employees Profit Sharing PlanErnst & Young Partnership Retirement (Hr-10) Plan, Total assets ($B): 2.537544692 · Participants: 1666Ernst & Young Partnership Retirement (Hr-10) PlanHeavy & General Laborers' Local Unions 472 & 172 of Nj Annuity Plan, Total assets ($B): 1.550996804 · Participants: 8865Heavy & General Laborers' Local Unions 472 & 172 of Nj Annuity PlanOperating Engineers Local 825 Profit Sharing Fund, Total assets ($B): 1.508059789 · Participants: 10365Operating Engineers Local 825 Profit Sharing FundIBEW Local Union No 102 Surety Plan, Total assets ($B): 0.684866455 · Participants: 2382IBEW Local Union No 102 Surety PlanKpmg Partner Retirement Savings Plan, Total assets ($B): 0.52416742 · Participants: 1704Kpmg Partner Retirement Savings Plan
Park Steel & Iron Company Employees Profit Sharing Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Park Steel & Iron Company Employees Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New Jersey, the nearest Profit Sharing by assets is Wai S. Lee, M.D. Profit Sharing Plan in CA ($5M); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2 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 Park Steel & Iron Company Employees Profit Sharing Plan assets move in 2024?
Park Steel & Iron Company Employees Profit Sharing Plan grew sharply - up 19.8% during 2024, from $4M to $5M. Reported net income was $870K.
How have Park Steel & Iron Co plan assets changed over time?
Across 3 plan years on file (2022-2024), Park Steel & Iron Co's sponsor-wide assets grew 54.1%, from $3M to $5M.
Which Profit Sharing plans are similar in size to Park Steel & Iron Company Employees Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Wai S. Lee, M.D. Profit Sharing Plan in CA ($5M, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to Park Steel & Iron Company Employees Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants, $5M in assets).