401(k) · DOL Form 5500 · 2022

Pauls Machine & Welding Corp. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
57
Participants Small participant base
49th
Percentile by assets National rank
$81,087
Avg per participant Below avg balance/head
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Official DOL plan name: Paul's Machine & Welding Corp. 401(k) Plan · Sponsored by Pauls Machine & Welding Corp. · Illinois · Manufacturing

$5M in assets, 57 participants

Pauls Machine & Welding Corp.'s Paul's Machine & Welding Corp. 401(k) Plan reported $5M in total assets and 57 participants in its 2022 DOL Form 5500 filing, ranking in the 49th 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.

  • #6,700 in Manufacturing (20,602 peers)

Pauls Machine & Welding Corp. multi-year trail

Pauls Machine & Welding Corp.'s plans moved +52.7% in assets from 2022 to 2024; this filing shows Paul's Machine & Welding Corp. 401(k) Plan at $5M / 57 participants.

#6,700
in Manufacturing (20,602 peers)
+16.8%
assets growth YoY

Paul's Machine & Welding Corp. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Paul's Machine & Welding Corp. 401(k) Plan vs every filed plan by assets

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

$4,621,972 49th percentile higher than 49% 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

Paul's Machine & Welding Corp. 401(k) Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Paul's Machine & Welding Corp. 401(k) Plan is a small filing (57 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 370891392 · Pauls Machine & Welding Corp. PY 2022 · 401(k)

Paul's Machine & Welding Corp. 401(k) Plan · $5M · 57 · 49th

  • PCT $5M
  • PCT 57
  • PCT 49th
  • PCT 401(k)
  • PCT near Brightfarms, Inc. 401(k) Profit Sharing Plan
  • PCT ind #6700

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 Illinois →

Paul's Machine & Welding Corp. 401(k) Plan in the asset neighbourhood

Paul's Machine & Welding Corp. 401(k) PlanPaul's Machine & Welding Cor…$5MBrightfarms, Inc. 401(k) Profit Sharing PlanBrightfarms, Inc. 401(k) Pro…$5MJones-Hamilton Co. 401(k) PlanJones-Hamilton Co. 401(k) Pl…$5M403(b) Thrift Plan for Employees of Big Five Community Services, Inc.403(b) Thrift Plan for Emplo…$5MVander Vegt and Associates Retirement PlanVander Vegt and Associates R…$5M
End-of-year total assets ($M) among Paul's Machine & Welding Corp. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Pauls Machine & Welding Corp. multi-year asset trail

Sponsor-wide plan assets over time

All Pauls Machine & Welding Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 52.695624291968876% vs 2022
2024 filing year
$4M$5M$6M$7M$8M 202220232024 $4.62M $7.06M ▲ +52.8%
Year Plans Participants Total Assets
2022 1 57 $5M
2023 1 62 $6M
2024 1 71 $7M

Pauls Machine & Welding Corp. filing trail (2022)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$665K
Employer EIN370891392
Plan Effective Date1986-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Illinois

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

Paul's Machine & Welding Corp. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Paul's Machine & Welding Corp. 401(k) Plan, Total assets ($B): 0.004621972 · Participants: 57Paul's Machine & Welding Corp. 401(k) PlanState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
Paul's Machine & Welding Corp. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Paul's Machine & Welding Corp. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Brightfarms, Inc. 401(k) Profit Sharing Plan in NY ($5M); by covered participants it is Custom Learning Designs, Inc. 401(k) Plan in MA (57 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (57 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 Paul's Machine & Welding Corp. 401(k) Plan assets move in 2022?
Paul's Machine & Welding Corp. 401(k) Plan grew sharply - up 16.8% during 2022, from $4M to $5M. Reported net income was $665K.
How have Pauls Machine & Welding Corp. plan assets changed over time?
Across 3 plan years on file (2022-2024), Pauls Machine & Welding Corp.'s sponsor-wide assets grew 52.7%, from $5M to $7M.
Which 401(k) plans are similar in size to Paul's Machine & Welding Corp. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Brightfarms, Inc. 401(k) Profit Sharing Plan in NY ($5M, 254 participants).
Which 401(k) plans cover a similar participant headcount to Paul's Machine & Welding Corp. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Custom Learning Designs, Inc. 401(k) Plan in MA (57 participants, $12M in assets).