Money Purchase · DOL Form 5500 · 2022

Pax Machine Works, Inc. Money Purchase Plan

Data updated 2026-08-11

$26M
Total assets
192
Participants
81st
Percentile by assets
$137,864
Avg per participant
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Official DOL plan name: Pax Machine Works, Inc. Pension Plan & Trust · Sponsored by Pax Machine Works, Inc. · Ohio · Manufacturing

$26M in assets, 192 participants

Pax Machine Works, Inc.'s Pax Machine Works, Inc. Pension Plan & Trust reported $26M in total assets and 192 participants in its 2022 DOL Form 5500 filing, ranking in the 81st 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.

  • 81st percentile by assets (of 139,126 plans)
  • #15,123 in Manufacturing (20,602 peers)

Coverage in Ohio

Pax Machine Works, Inc. Pension Plan & Trust covers 192 participants in Ohio, about 25% of the average Ohio filer (state average ~765 per filing). Assets: $26M.

$26M
total plan assets (2022 EOY)
192
covered participants
81st
percentile by assets (of 139,126 plans)
$137,864
avg assets per participant
State
Industry

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Pax Machine Works, Inc. Pension Plan & Trust reports 192 participants - about 25% of that state average ($26M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$26M
Net Income$3M
Employer EIN340895186
Plan Effective Date1973-08-03
Filing StatusFILING RECEIVED

Sponsor Plan History (Pax Machine Works, Inc.)

$50M$55M$60M 202220232024 $51.3M $58M ▲ +13.0%
Total plan assets by year, all Pax Machine Works, Inc. plans on file
Year Plans Participants Total Assets
2022 2 407 $51M
2023 2 402 $58M
2024 2 387 $58M

Nearby Money Purchase Plans in Ohio

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Pax Machine Works, Inc. Pension Plan & Trust vs. nearby Money Purchase plans in Ohio, assets vs. participants

Pax Machine Works, Inc. Pension Plan & Trust vs. nearby Money Purchase plans in Ohio, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -0.500.511.5 Total assets ($B) Participants Pax Machine Works, I…The Sherwin-Williams…The Cleveland Clinic…Iron Workers Distric…Baker & Hostetler LL…University of Dayton…
Pax Machine Works, Inc. Pension Plan & Trust vs. nearby Money Purchase plans in Ohio, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Pax Machine Works, Inc. Pension Plan & Trust by total assets, not by location.

Frequently Asked Questions

How did Pax Machine Works, Inc. Pension Plan & Trust assets move in 2022?
Pax Machine Works, Inc. Pension Plan & Trust grew at a solid clip - up 13.8% during 2022, from $23M to $26M. Reported net income was $3M.
How have Pax Machine Works, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Pax Machine Works, Inc.'s sponsor-wide assets grew 13.0%, from $51M to $58M.
Where does Pax Machine Works, Inc. Pension Plan & Trust rank by assets among Form 5500 filers?
Pax Machine Works, Inc. Pension Plan & Trust ranks in the 81st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Money Purchase plans are similar in size to Pax Machine Works, Inc. Pension Plan & Trust?
Among Money Purchase plans in other states, the closest by assets is Teamsters Local 929 Retirement Plan in NJ ($27M, 1,466 participants).

Next read for Pax Machine Works, Inc. Pension Plan & T…

Filing takeaways

Ways to act on Pax Machine Works, Inc. Pension Plan & Trust's numbers.

  • By total assets, Pax Machine Works, Inc. Pension Plan & Trust ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Money Purchase plans in Ohio. Compare plans
  • Pax Machine Works, Inc.'s sponsor-wide assets have grown 13.0% since 2022 across 3 plan years on file. More Manufacturing plans