Profit Sharing · DOL Form 5500 · 2024

Verity Industrial Group, Inc. Profit Sharing Plan

Data updated 2026-08-25

$338K
Total assets Small plan by assets
5
Participants Small participant base
14th
Percentile by assets National rank
$67,624
Avg per participant Below avg balance/head
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Official DOL plan name: Verity Industrial Group, Inc. Profit Sharing Plan · Sponsored by Verity Industrial Group, Inc. · Iowa · Retail Trade

$338K in assets, 5 participants

Verity Industrial Group, Inc.'s Verity Industrial Group, Inc. Profit Sharing Plan reported $338K in total assets and 5 participants in its 2024 DOL Form 5500 filing, ranking in the 14th 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.

  • #1,903 in Retail Trade (8,048 peers)

Verity Industrial Group, Inc. multi-year trail

Verity Industrial Group, Inc.'s plans moved -21.3% in assets from 2022 to 2024; this filing shows Verity Industrial Group, Inc. Profit Sharing Plan at $338K / 5 participants.

#1,903
in Retail Trade (8,048 peers)
-27.5%
assets change YoY

The plan reported a net loss of $128K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Verity Industrial Group, Inc. Profit Sharing Plan among the smaller filed plans by assets

Verity Industrial Group, Inc. Profit Sharing Plan vs every filed plan by assets

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

$338,122 14th percentile higher than 14% 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

Verity Industrial Group, Inc. 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. Verity Industrial Group, Inc. Profit Sharing Plan is a micro filing (5 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Verity Industrial Group, Inc. Profit Sharing Plan reported net income fell from $36K in the plan year 2023 filing to -$128K in the plan year 2024 filing.
  • Verity Industrial Group, Inc. Profit Sharing Plan end-of-year assets fell from $466K in the plan year 2023 filing to $338K in the plan year 2024 filing.
  • Verity Industrial Group, Inc. Profit Sharing Plan reported participants rose from 4 in the plan year 2023 filing to 5 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 814232404 · Verity Industrial Group, Inc. PY 2024 · Profit Sharing

Verity Industrial Group, Inc. Profit Sharing Plan · $338K · 5 · 14th

  • IND $338K
  • IND 5
  • IND 14th
  • IND Profit Sharing
  • IND near Samsara Fitness Corporation Profit Sharing Plan
  • IND ind #1903

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 Retail Trade retirement plans → · Plans in Iowa →

Verity Industrial Group, Inc. Profit Sharing Plan in the asset neighbourhood

Verity Industrial Group, Inc. Profit Sharing PlanVerity Industrial Group, Inc…$338KSamsara Fitness Corporation Profit Sharing PlanSamsara Fitness Corporation …$338KBlue Jay Assets Inc. Retirement PlanBlue Jay Assets Inc. Retirem…$338KKmt Partners, Inc. Profit Sharing PlanKmt Partners, Inc. Profit Sh…$338KAcademic Tutoring, Inc. Profit Sharing Plan & TrustAcademic Tutoring, Inc. Prof…$338K
End-of-year total assets ($M) among Verity Industrial Group, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Verity Industrial Group, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Verity Industrial Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$338K 21.320134777914294% vs 2022
2024 filing year
$0.3M$0.35M$0.4M$0.45M$0.5M 202220232024 $0.43M $0.34M ▼ -20.9%
Year Plans Participants Total Assets
2022 1 4 $430K
2023 1 4 $466K
2024 1 5 $338K

Verity Industrial Group, Inc. filing trail (2024)

Total Assets (Beginning of Year)$466K
Net Assets (End of Year)$338K
Net Income-$128K
Employer EIN814232404
Plan Effective Date2016-10-21
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Iowa

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

Verity Industrial Group, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Iowa, assets vs. participants Scatter plot of 6 data points. -1000100200300400 -20020406080 Total assets ($M) Participants Verity Industrial Group, Inc. Profit Sharing Plan, Total assets ($M): 0.338122 · Participants: 5Verity Industrial Group, Inc. Profit Sharing PlanDordt University Defined Contribution Retirement Plan, Total assets ($M): 61.231281 · Participants: 322Dordt University Defined Contribution Retirement PlanMedtec LLC 401(k) Retirement Plan, Total assets ($M): 30.470084 · Participants: 279Medtec LLC 401(k) Retirement PlanLiberty Pattern Company Profit Sharing Plan, Total assets ($M): 26.345653 · Participants: 12Liberty Pattern Company Profit Sharing PlanNewton Clinic, P.C. Profit Sharing Plan, Total assets ($M): 16.515891 · Participants: 43Newton Clinic, P.C. Profit Sharing PlanBurgess Health Center 403(b) Plan, Total assets ($M): 15.713773 · Participants: 272Burgess Health Center 403(b) Plan
Verity Industrial Group, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Iowa, assets vs. participants
Compare Verity Industrial Group, Inc. Profit Sharing Plan side-by-side with 3 peers →

Verity Industrial Group, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Iowa, the nearest Profit Sharing by assets is Samsara Fitness Corporation Profit Sharing Plan in CA ($338K); by covered participants it is Rl Barron Holdings Inc. Retirement Plan in GA (5 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5 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 Verity Industrial Group, Inc. Profit Sharing Plan assets move in 2024? ▼
Verity Industrial Group, Inc. Profit Sharing Plan declined sharply - down 27.5% during 2024, from $466K to $338K. Reported net income was -$128K.
How have Verity Industrial Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Verity Industrial Group, Inc.'s sponsor-wide assets declined 21.3%, from $430K to $338K.
Where does Verity Industrial Group, Inc. Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Verity Industrial Group, Inc. Profit Sharing Plan ranks in the 14th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Verity Industrial Group, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Samsara Fitness Corporation Profit Sharing Plan in CA ($338K, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to Verity Industrial Group, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Rl Barron Holdings Inc. Retirement Plan in GA (5 participants, $735K 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 814232404.

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.