Ohio › Manufacturing › 250 to 499 participants
Form 5500 statement · plan year 1 Jul 2024 to 30 Jun 2025
The Profit Sharing Retirement Plan of the Procter & Gamble Commercial Company
Sponsored by Procter & Gamble Commercial LLC, Cincinnati, OH
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
In the plan year ending 30 Jun 2025, The Profit Sharing Retirement Plan of the Procter & Gamble Commercial Company covered 469 participants and held $96.3M in net assets. The plan is a profit-sharing plan sponsored by Procter & Gamble Commercial LLC of Cincinnati, Ohio.
Net assets came to $205,254 per participant, well above the $48,746 median for defined contribution plans with 250 to 499 participants and well above the $62,303 median for defined contribution plans in manufacturing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $672K during the year, or $18,671 per active participant against a same-size median of $2,017; participants contributed —. Benefits paid out totalled $12.0M.
Schedule C lists 2 service provider organisations paid $5,000 or more, with reported compensation of $38K: $81.55 per participant, well below the same-size median of $141. Administrative expenses charged to the plan were $38K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $53.7M in 2009 to $96.3M in 2024 (up 79%), and participants from 1,044 to 469 (down 55%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $205,254 | $48,746 | $62,303 | $53,102 |
| Employer contributions per active participant | $18,671 | $2,017 | $2,187 | $2,175 |
| Schedule C compensation per participant | $81.55 | $141 | $136 | $123 |
| Schedule C compensation, share of net assets | 0.04% | 0.30% | 0.24% | 0.26% |
| Administrative expenses per participant | $81.55 | $133 | $131 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 250 to 499 participants (17,456 plans), manufacturing (11,377) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 469 | $96.3M | $205,254 | $672K | — | $38K |
| 2023 | 497 | $101M | $202,292 | $673K | — | $33K |
| 2022 | 490 | $92.2M | $188,080 | $595K | — | $44K |
| 2021 | 503 | $85.2M | $169,455 | $579K | — | $33K |
| 2020 | 519 | $92.9M | $178,909 | $530K | — | $38K |
| 2019 | 530 | $76.4M | $144,166 | $583K | — | $29K |
| 2018 | 553 | $73.1M | $132,203 | $584K | — | $30K |
| 2017 | 590 | $66.5M | $112,746 | $577K | — | $30K |
| 2016 | 626 | $68.2M | $108,979 | $629K | — | $19K |
| 2015 | 674 | $70.0M | $103,923 | $1.6M | — | $15K |
| 2014 | 811 | $77.3M | $95,254 | $2.6M | — | $31K |
| 2013 | 1,036 | $76.3M | $73,656 | $3.0M | — | $41K |
| 2012 | 1,033 | $71.4M | $69,127 | $7.0M | — | $26K |
| 2011 | 1,292 | $59.3M | $45,860 | $2.9M | — | $22K |
| 2010 | 904 | $58.8M | $65,038 | $2.8M | — | $24K |
| 2009 | 1,044 | $53.7M | $51,457 | $3.7M | — | $0 |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$100,538,937
- Employer contributions$672,148
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$672,148
- Total income, including investment results$7,732,430
- Benefits paid$11,968,854
- Administrative expenses$38,247
- Total expenses$12,007,101
- Net income−$4,274,671
- Net transfers$0
- Net assets, end of year$96,264,266
Participants
- Active participants36
- Retired or separated, receiving benefits1
- Retired or separated, entitled to future benefits429
- Participants with account balances450
- Total participants, end of year469
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Northern Trust Company | Custodial (securities); Trustee (bank, trust company, or similar financial institution); Investment management | $21,847 | $0 |
| Alight Solutions LLC | Recordkeeping and information management; Investment management | $16,400 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Trustee and custodial fees$21,847
- Recordkeeping fees$16,400
- Total administrative expenses$38,247
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$63.8M · 66.3%
- Employer securities$31.5M · 32.7%
- Receivables$806K · 0.8%
- Corporate stocks$97K · 0.1%
- Common/collective trusts$65K · 0.1%
- Cash (interest and non-interest bearing)$47K · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmDeloitte & Touche LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $10,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2AAge/service weighted or new comparability or similar plan2EProfit-sharing plan2GTotal participant-directed account plan2TTotal or partial participant-directed account plan with a default investment account3HPlan sponsor(s) is (are) a member(s) of a controlled group3JU.S.-based plan that covers residents of Puerto Rico and is qualified under both codes
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 325600: Soap, Cleaning Compound, & Toilet Preparation Mfg.
Other plans of Procter & Gamble Commercial LLC
| Plan | Participants | Net assets |
|---|---|---|
| The Procter & Gamble Commercial Company Employees' Savings Plan | 346 | $53.8M |
| Procter & Gamble Puerto Rico Pension Plan | 180 | $11.5M |
Similar plans in Ohio
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Brewdog Brewing Company LLC 401(k) Plan | Brewdog Brewing Company LLC | 469 | $1.7M | $3,702 |
| Sur-Seal 401(k) Retirement Savings Plan | Sur-Seal, LLC | 467 | $30.5M | $65,283 |
| The Wooster Brush Company Profit Sharing Plan No. 2 | The Wooster Brush Company Profit Sharing Plan No. 2 | 469 | $24.7M | $52,695 |
| Westerman, Inc. 401(k) Plan | Westerman, Inc. | 462 | $25.7M | $55,631 |
| Hose Master Profit Sharing & Retirement Savings Plan | Hose Master, LLC | 471 | $33.7M | $71,454 |
| Hanon Systems USA, LLC 401(k) Plan for Carey Plant | Hanon Systems USA, LLC | 462 | $4.7M | $10,182 |
Defined contribution plans in manufacturing closest in size.
Questions and answers
How big is The Profit Sharing Retirement Plan of the Procter & Gamble Commercial Company?
469 participants at the end of the plan year ending 30 Jun 2025, of whom 36 were active employees, with net assets of $96,264,266. Among defined contribution plans that places it in the 250 to 499 participants band, which held 17,456 plans in plan year 2024.
What does Procter & Gamble Commercial LLC contribute per participant?
The filing reports $672,148 in employer contributions for the year, which is $18,671 per active participant; the median for plans of the same type and size was $2,017 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $38,247 in compensation to service provider organisations, $81.55 per participant or 0.04% of net assets. The same-size median among plans reporting any Schedule C compensation was $141 per participant. Administrative expenses on Schedule H were $38,247. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Procter & Gamble Commercial LLC. Recordkeeping or administration: Alight Solutions LLC. Investment advisory or management: Northern Trust Company and Alight Solutions LLC. Trustee or custodian: Northern Trust Company. The financial statements were audited by Deloitte & Touche LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jul 2024 to 30 Jun 2025, received by the Department of Labor on 5 Dec 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 66-0676831, plan 001, received 5 Dec 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.