Other
2022 plan-year Other DOL Form 5500

PROCESSED METALS INNOVATORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

PROCESSED METALS INNOVATORS, INC.

This Other plan holds $11M in total assets and serves 139 participants as of 2022. It is sponsored by PROCESSED METALS INNOVATORS, INC. in Wisconsin. The plan reported a net loss of $4M for the year.

Total Assets (2023)
$11M
Participants
139
State
Industry
Manufacturing

What the Filing Says About PROCESSED METALS INNOVATORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

PROCESSED METALS INNOVATORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN is a Other retirement plan sponsored by PROCESSED METALS INNOVATORS, INC., headquartered in Wisconsin. As of the 2022 Form 5500 filing, the plan reports $11M in total end-of-year assets and covers 139 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 861217830, and the plan has been effective since 2021-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $15M at the beginning of 2022 to $11M at year-end — a decline of 28.2%. Net assets (after liabilities) closed the year at $-2,991,439, with reported net income of $-3,798,097 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$15M
Total Assets (End of Year)$11M
Net Assets (End of Year)$-2,991,439
Net Income$-3,798,097
Plan TypeOther
Employer EIN861217830
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (PROCESSED METALS INNOVATORS, INC.)

Year Plans Participants Total Assets
2022 2 294 $15M
2023 2 277 $18M

Nearby Other Plans in Wisconsin

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the PROCESSED METALS INNOVATORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN?
As of the 2022 Form 5500 filing, PROCESSED METALS INNOVATORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN holds $11M in total assets with 139 participants. It is sponsored by PROCESSED METALS INNOVATORS, INC..
What type of plan is PROCESSED METALS INNOVATORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN?
PROCESSED METALS INNOVATORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN is a Other plan. It has been effective since 2021-01-01. The plan is filed with the U.S. Department of Labor under EIN 861217830.
Who sponsors the PROCESSED METALS INNOVATORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN?
PROCESSED METALS INNOVATORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN is sponsored by PROCESSED METALS INNOVATORS, INC., located in Wisconsin. The sponsor's EIN is 861217830 and the plan operates in the Manufacturing industry.
How did PROCESSED METALS INNOVATORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN perform in 2022?
PROCESSED METALS INNOVATORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN declined by 28.2% during 2022, moving from $15M to $11M in total assets. Net income was $-3,798,097.
Where can I find official filings for PROCESSED METALS INNOVATORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN?
Official Form 5500 filings for PROCESSED METALS INNOVATORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 861217830 or plan name at efast.dol.gov.
How does PROCESSED METALS INNOVATORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN compare to other plans?
You can compare PROCESSED METALS INNOVATORS, INC. EMPLOYEE STOCK OWNERSHIP PLAN against other Other plans on the plan type page, or view plans in Wisconsin on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 861217830.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.