Profit Sharing · DOL Form 5500 · 2024

Scot Industries, Inc. Profit Sharing Plan

Data updated 2026-08-25

$190M
Total assets Near avg plan size
802
Participants Near avg headcount
94th
Percentile by assets National rank
$237,038
Avg per participant Above avg balance/head
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Official DOL plan name: Scot Industries, Inc. Profit Sharing Trust · Sponsored by Scot Industries, Inc. · Texas · Manufacturing

$190M in assets, 802 participants

Scot Industries, Inc.'s Scot Industries, Inc. Profit Sharing Trust reported $190M in total assets and 802 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • #16,182 in Manufacturing (17,777 peers)

Where Scot Industries, Inc. Profit Sharing Trust sits by assets

Scot Industries, Inc. Profit Sharing Trust sits in the top 10% of all filed plans by assets, $190M for 802 participants (~$237,038/participant), up 9.8% in 2024.

#16,182
in Manufacturing (17,777 peers)
+9.8%
assets growth YoY
1.9×
vs typical plan assets (national mean)

Scot Industries, Inc. Profit Sharing Trust's outsized position by total assets

Scot Industries, Inc. Profit Sharing Trust vs every filed plan by assets

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

$190,104,715 Top 6% higher than 94% 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

Scot Industries, Inc. Profit Sharing Trust among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Scot Industries, Inc. Profit Sharing Trust sits mid-pack in the medium band (802 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Scot Industries, Inc. Profit Sharing Trust reported net income fell from $19M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • Scot Industries, Inc. Profit Sharing Trust end-of-year assets rose from $173M in the plan year 2023 filing to $190M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 390834748 · Scot Industries, Inc. PY 2024 · Profit Sharing

Scot Industries, Inc. Profit Sharing Trust · $190M · 802 · 94th

  • PHOTO $190M
  • IND 802
  • EOY 94th
  • 5500 Profit Sharing
  • ASSETS near Strand Associates, Inc. Employees Profit Sharing Trust
  • PCT ind #16182

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 Texas →

Scot Industries, Inc. Profit Sharing Trust in the asset neighbourhood

The Hoffman Employee Retirement Income PlanThe Hoffman Employee Retirem…$191MStrand Associates, Inc. Employees Profit Sharing TrustStrand Associates, Inc. Empl…$190MScot Industries, Inc. Profit Sharing TrustScot Industries, Inc. Profit…$190MElectrical Workers Pension Fund Part BElectrical Workers Pension F…$190MLakeland Regional Medical Center Retirement Plan TrustLakeland Regional Medical Ce…$189M
End-of-year total assets ($M) among Scot Industries, Inc. Profit Sharing Trust and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$173M
Net Assets (End of Year)$190M
Net Income$17M
Employer EIN390834748
Plan Effective Date1963-06-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Scot Industries, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$190M 23.30847956139023% vs 2022
2024 filing year
$140M$160M$180M$200M 202220232024 $154M $190M ▲ +23.3%
Year Plans Participants Total Assets
2022 1 789 $154M
2023 1 804 $173M
2024 1 802 $190M

Nearby Profit Sharing Plans in Texas

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

Scot Industries, Inc. Profit Sharing Trust vs. nearby Profit Sharing plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 00.511.522.5 Total assets ($B) Participants Scot Industries, Inc. Profit Sharing Trust, Total assets ($B): 0.190104715 · Participants: 802Scot Industries, Inc. Profit Sharing TrustBaylor College of Medicine Retirement Plan, Total assets ($B): 1.952930545 · Participants: 10721Baylor College of Medicine Retirement PlanH-E-B Partner Stock Plan, Total assets ($B): 1.562703741 · Participants: 103962H-E-B Partner Stock PlanThe Defined Contribution Plan of the Methodist Hospital, Total assets ($B): 1.093595117 · Participants: 31848The Defined Contribution Plan of the Methodist HospitalAmerican Heart Association, Inc. Qualified Retirement Plan, Total assets ($B): 0.514449309 · Participants: 3779American Heart Association, Inc. Qualified Retirement PlanHaynes and Boone Investment Directed Profit Sharing Plan, Total assets ($B): 0.309725264 · Participants: 1069Haynes and Boone Investment Directed Profit Sharing Plan
Scot Industries, Inc. Profit Sharing Trust vs. nearby Profit Sharing plans in Texas, assets vs. participants

Scot Industries, Inc. Profit Sharing Trust's out-of-state Profit Sharing peers by assets and headcount

Outside Texas, the nearest Profit Sharing by assets is Strand Associates, Inc. Employees Profit Sharing Trust in WI ($190M); by covered participants it is The Promptcare Companies, Inc. 401(k) Plan in NJ (806 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (802 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 Scot Industries, Inc. Profit Sharing Trust assets move in 2024?
Scot Industries, Inc. Profit Sharing Trust grew at a solid clip - up 9.8% during 2024, from $173M to $190M. Reported net income was $17M.
How have Scot Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Scot Industries, Inc.'s sponsor-wide assets grew 23.3%, from $154M to $190M.
Where does Scot Industries, Inc. Profit Sharing Trust rank by assets among Form 5500 filers?
Scot Industries, Inc. Profit Sharing Trust ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Scot Industries, Inc. Profit Sharing Trust?
Among Profit Sharing plans in other states, the closest by assets is Strand Associates, Inc. Employees Profit Sharing Trust in WI ($190M, 505 participants).
Which Profit Sharing plans cover a similar participant headcount to Scot Industries, Inc. Profit Sharing Trust?
Among Profit Sharing plans in other states, the closest by covered participants is The Promptcare Companies, Inc. 401(k) Plan in NJ (806 participants, $30M in assets).