401(k) · DOL Form 5500 · 2022

Payroll & Insurance Group Inc 401(k) Plan

Data updated 2026-08-11

$110M
Total assets
1,138
Participants
93rd
Percentile by assets
$96,371
Avg per participant
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Official DOL plan name: Metal Companies 401(k) Plan · Sponsored by Payroll & Insurance Group Inc · Illinois · Professional & Technical Services

$110M in assets, 1,138 participants

Payroll & Insurance Group Inc's Metal Companies 401(k) Plan reported $110M in total assets and 1,138 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 139,126 plans)
  • #20,344 in Professional & Technical Services (21,562 peers)

Where Metal Companies 401(k) Plan sits by assets

Metal Companies 401(k) Plan sits in the top 10% of all filed plans by assets, $110M for 1,138 participants (~$96,371/participant), down 13.0% in 2022.

$110M
total plan assets (2022 EOY)
1,138
covered participants
93rd
percentile by assets (of 139,126 plans)
$96,371
avg assets per participant

The plan reported a net loss of $16M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Metal Companies 401(k) Plan vs the 2022 asset distribution

By assets, Metal Companies 401(k) Plan outranks 93% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$126M
Net Assets (End of Year)$110M
Net Income-$16M
Employer EIN010606601
Plan Effective Date2001-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Payroll & Insurance Group Inc)

$280M$300M$320M$340M$360M$380M 202220232024 $296M $359M ▲ +21.6%
Total plan assets by year, all Payroll & Insurance Group Inc plans on file
Year Plans Participants Total Assets
2022 2 1,573 $296M
2023 2 1,577 $329M
2024 2 1,594 $359M

Nearby 401(k) Plans in Illinois

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

Metal Companies 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Metal Companies 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Metal Companies 401(…State Farm 401(k) Sa…Accenture United Sta…Abbott Laboratories …United Airlines Pilo…Walgreens Retirement…
Metal Companies 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Metal Companies 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Metal Companies 401(k) Plan assets move in 2022?
Metal Companies 401(k) Plan pulled back noticeably - down 13.0% during 2022, from $126M to $110M. Reported net income was -$16M.
How have Payroll & Insurance Group Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Payroll & Insurance Group Inc's sponsor-wide assets grew 21.6%, from $296M to $359M.
Where does Metal Companies 401(k) Plan rank by assets among Form 5500 filers?
Metal Companies 401(k) Plan ranks in the 93rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Metal Companies 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Gigamon, Inc. 401(k) Plan in CA ($110M, 574 participants).

Scale reading

Ways to act on Metal Companies 401(k) Plan's numbers.