401(k) · DOL Form 5500 · 2023

Martin Sprocket & Gear, Inc. 401(k) Plan

Data updated 2026-08-11

$225M
Total assets
1,777
Participants
95th
Percentile by assets
$126,422
Avg per participant
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Official DOL plan name: Martin Sprocket & Gear, Inc. Employees Profit Sharing Trust · Sponsored by Martin Sprocket & Gear, Inc. · Texas · Manufacturing

$225M in assets, 1,777 participants

Martin Sprocket & Gear, Inc.'s Martin Sprocket & Gear, Inc. Employees Profit Sharing Trust reported $225M in total assets and 1,777 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 127,072 plans)
  • #17,302 in Manufacturing (18,722 peers)

Coverage in Texas

Martin Sprocket & Gear, Inc. Employees Profit Sharing Trust covers 1,777 participants in Texas, 2.6x the typical Texas plan (state average ~688 per filing). Assets: $225M.

$225M
total plan assets (2023 EOY)
1,777
covered participants
95th
percentile by assets (of 127,072 plans)
$126,422
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Martin Sprocket & Gear, Inc. Employees Profit Sharing Trust reported net income rose from $2M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Martin Sprocket & Gear, Inc. Employees Profit Sharing Trust reported participants rose from 1,480 in the plan year 2022 filing to 1,777 in the plan year 2023 filing.
  • Martin Sprocket & Gear, Inc. Employees Profit Sharing Trust end-of-year assets rose from $219M in the plan year 2022 filing to $225M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Martin Sprocket & Gear, Inc. Employees Profit Sharing Trust reports 1,777 participants - 2.6x that state average ($225M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$219M
Net Assets (End of Year)$225M
Net Income$6M
Employer EIN750832268
Plan Effective Date1955-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Martin Sprocket & Gear, Inc.)

$215M$220M$225M$230M 202220232024 $219M $226M ▲ +3.2%
Total plan assets by year, all Martin Sprocket & Gear, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,480 $219M
2023 1 1,777 $225M
2024 1 1,698 $226M

Nearby 401(k) Plans in Texas

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

Martin Sprocket & Gear, Inc. Employees Profit Sharing Trust vs. nearby 401(k) plans in Texas, assets vs. participants

Martin Sprocket & Gear, Inc. Employees Profit Sharing Trust vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Martin Sprocket & Ge…AT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell Inc. 401(k) Plan
Martin Sprocket & Gear, Inc. Employees Profit Sharing Trust vs. nearby 401(k) plans in Texas, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Martin Sprocket & Gear, Inc. Employees Profit Sharing Trust by total assets, not by location.

Frequently Asked Questions

How did Martin Sprocket & Gear, Inc. Employees Profit Sharing Trust assets move in 2023?
Martin Sprocket & Gear, Inc. Employees Profit Sharing Trust edged up modestly - up 2.6% during 2023, from $219M to $225M. Reported net income was $6M.
How have Martin Sprocket & Gear, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Martin Sprocket & Gear, Inc.'s sponsor-wide assets grew 3.2%, from $219M to $226M.
Where does Martin Sprocket & Gear, Inc. Employees Profit Sharing Trust rank by assets among Form 5500 filers?
Martin Sprocket & Gear, Inc. Employees Profit Sharing Trust ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Martin Sprocket & Gear, Inc. Employees Profit Sharing Trust?
Among 401(k) plans in other states, the closest by assets is Fcci Services, Inc. 401(k) Profit Sharing Plan in FL ($224M, 821 participants).

Next read for Martin Sprocket & Gear, Inc. Employees P…

Filing takeaways

Ways to act on Martin Sprocket & Gear, Inc. Employees Profit Sharing Trust's numbers.

  • By total assets, Martin Sprocket & Gear, Inc. Employees Profit Sharing Trust ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
  • Martin Sprocket & Gear, Inc.'s sponsor-wide assets have grown 3.2% since 2022 across 3 plan years on file. More Manufacturing plans