401(k) · DOL Form 5500 · 2022

Panel Processing, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
186
Participants Below avg headcount
53rd
Percentile by assets National rank
$30,559
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Panel Processing, Inc. 401(k) Plan · Sponsored by Panel Processing, Inc. · Michigan · Manufacturing

$6M in assets, 186 participants

Panel Processing, Inc.'s Panel Processing, Inc. 401(k) Plan reported $6M in total assets and 186 participants in its 2022 DOL Form 5500 filing, ranking in the 53rd 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.

  • #7,714 in Manufacturing (20,602 peers)

Coverage in Michigan

Panel Processing, Inc. 401(k) Plan covers 186 participants in Michigan, about 29% of the average Michigan filer (state average ~638 per filing). Assets: $6M.

#7,714
in Manufacturing (20,602 peers)
-18.1%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Panel Processing, Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Panel Processing, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$5,683,974 Top 47% higher than 53% of 139,123 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 2022

Panel Processing, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Panel Processing, Inc. 401(k) Plan sits mid-pack in the medium band (186 participants).

DOL schedule card

Filing strip 381946344 · Panel Processing, Inc. PY 2022 · 401(k)

Panel Processing, Inc. 401(k) Plan · $6M · 186 · 53rd

  • BOOK $6M
  • VS-ST 186
  • BOY 53rd
  • SCH 401(k)
  • EBSA near The Buccaneer, Inc 401(k) Plan
  • PART ind #7714

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 Michigan →

Panel Processing, Inc. 401(k) Plan in the asset neighbourhood

Panel Processing, Inc. 401(k) PlanPanel Processing, Inc. 401(k…$6MThe Buccaneer, Inc 401(k) PlanThe Buccaneer, Inc 401(k) Pl…$6MKarat 401(k) Plan$6MProtegrity USA, Inc. Retirement PlanProtegrity USA, Inc. Retirem…$6MAlltech Beverage Division, LLC 401(k) Retirement PlanAlltech Beverage Division, L…$6M
End-of-year total assets ($M) among Panel Processing, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$6M
Net Income-$1M
Employer EIN381946344
Plan Effective Date2002-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Panel Processing, Inc.)

Sponsor-wide plan assets over time

All Panel Processing, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 25.35021116246775% vs 2022
2024 filing year
$14M$16M$18M$20M$22M 202220232024 $20.6M $15.4M ▼ -25.4%
Year Plans Participants Total Assets
2022 2 332 $21M
2023 2 350 $19M
2024 2 332 $15M

Nearby 401(k) Plans in Michigan

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

Panel Processing, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Panel Processing, Inc. 401(k) Plan, Total assets ($B): 0.005683974 · Participants: 186Panel Processing, Inc. 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Panel Processing, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Panel Processing, Inc. 401(k) Plan side-by-side with 3 peers →

Panel Processing, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is The Buccaneer, Inc 401(k) Plan in VI ($6M); by covered participants it is Combs Concrete Construction Company 401(k) Plan in NC (186 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

Similar participant headcount

Nearest other-state filings by covered participants (186 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Panel Processing, Inc. 401(k) Plan assets move in 2022? ▼
Panel Processing, Inc. 401(k) Plan declined sharply - down 18.1% during 2022, from $7M to $6M. Reported net income was -$1M.
How have Panel Processing, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Panel Processing, Inc.'s sponsor-wide assets declined 25.4%, from $21M to $15M.
Which 401(k) plans are similar in size to Panel Processing, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Buccaneer, Inc 401(k) Plan in VI ($6M, 68 participants).
Which 401(k) plans cover a similar participant headcount to Panel Processing, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Combs Concrete Construction Company 401(k) Plan in NC (186 participants, $53K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 381946344.

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.