ESOP · DOL Form 5500 · 2023

Peerless Machine & Tool Corporation ESOP

Data updated 2026-08-25

$30M
Total assets Below avg plan size
50
Participants Small participant base
79th
Percentile by assets National rank
$595,940
Avg per participant High balance/head
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Official DOL plan name: Peerless Machine and Tool Corporation Employee Stock Ownership Plan · Sponsored by Peerless Machine & Tool Corporation · Indiana · Manufacturing

$30M in assets, 50 participants

Peerless Machine & Tool Corporation's Peerless Machine and Tool Corporation Employee Stock Ownership Plan reported $30M in total assets and 50 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #13,284 in Manufacturing (18,722 peers)

Where Peerless Machine and Tool Corporation Employee Stock Ownership Plan sits by assets

Peerless Machine and Tool Corporation Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $30M for 50 participants (~$595,940/participant), up 4.9% in 2023.

#13,284
in Manufacturing (18,722 peers)
+4.9%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Peerless Machine and Tool Corporation Employee Stock Ownership Plan's outsized position by total assets

Peerless Machine and Tool Corporation Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$29,797,015 Top 21% higher than 79% of 127,068 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 2023

Peerless Machine and Tool Corporation Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Peerless Machine and Tool Corporation Employee Stock Ownership Plan is a small filing (50 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Peerless Machine and Tool Corporation Employee Stock Ownership Plan reported net income rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Peerless Machine and Tool Corporation Employee Stock Ownership Plan end-of-year assets rose from $28M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Peerless Machine and Tool Corporation Employee Stock Ownership Plan reported participants fell from 52 in the plan year 2022 filing to 50 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 350572500 · Peerless Machine & Tool Corporation PY 2023 · ESOP

Peerless Machine and Tool Corporation Employee Stock Ownership Plan · $30M · 50 · 79th

  • SCH $30M
  • EBSA 50
  • PART 79th
  • TYPE ESOP
  • NET near Tsc 401(k) Employee Stock Ownership Plan
  • BOOK ind #13284

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 What is an ESOP? → · Plans in Indiana →

Peerless Machine and Tool Corporation Employee Stock Ownership Plan in the asset neighbourhood

Peerless Machine and Tool Corporation Employee Stock Ownership PlanPeerless Machine and Tool Co…$30MTsc 401(k) Employee Stock Ownership PlanTsc 401(k) Employee Stock Ow…$30MPtm Management Corp. Employee Stock Ownership PlanPtm Management Corp. Employe…$30MLodor Enterprises, Inc. Employee Stock Ownership PlanLodor Enterprises, Inc. Empl…$30MParman Holdings Corporation Employee Stock Ownership PlanParman Holdings Corporation …$30M
End-of-year total assets ($M) among Peerless Machine and Tool Corporation Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$17M
Net Income$2M
Employer EIN350572500
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Peerless Machine & Tool Corporation)

Sponsor-wide plan assets over time

All Peerless Machine & Tool Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$28M 1.6341902054342046% vs 2022
2024 filing year
$27M$28M$29M$30M 202220232024 $28.4M $27.9M ▼ -1.7%
Year Plans Participants Total Assets
2022 1 52 $28M
2023 1 50 $30M
2024 1 51 $28M

Nearby ESOP Plans in Indiana

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

Peerless Machine and Tool Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -0.500.511.522.5 Total assets ($B) Participants Peerless Machine and Tool Corporation Employee Stock Ownership Plan, Total assets ($B): 0.029797015 · Participants: 50Peerless Machine and Tool Corporation Employee Stock Ownership PlanJasper Holdings, Inc Employee Stock Ownership Plan and Trust, Total assets ($B): 1.921766853 · Participants: 3535Jasper Holdings, Inc Employee Stock Ownership Plan and TrustUrschel Laboratories Employee Stock Ownership Plan, Total assets ($B): 0.36648086 · Participants: 487Urschel Laboratories Employee Stock Ownership PlanNibco Inc. Employee Stock Ownership Plan, Total assets ($B): 0.364505967 · Participants: 1242Nibco Inc. Employee Stock Ownership PlanSuperior Industrial Solutions, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.138902309 · Participants: 363Superior Industrial Solutions, Inc. Employee Stock Ownership PlanDucharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.135390454 · Participants: 558Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan
Peerless Machine and Tool Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants
Compare Peerless Machine and Tool Corporation Employee Stock Ownership Plan side-by-side with 3 peers →

Peerless Machine and Tool Corporation Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Indiana, the nearest ESOP by assets is Tsc 401(k) Employee Stock Ownership Plan in MN ($30M); by covered participants it is Tc Federal Bank Employee Stock Ownership Plan in GA (50 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (50 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Peerless Machine and Tool Corporation Employee Stock Ownership Plan assets move in 2023? ▼
Peerless Machine and Tool Corporation Employee Stock Ownership Plan edged up modestly - up 4.9% during 2023, from $28M to $30M. Reported net income was $2M.
How have Peerless Machine & Tool Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Peerless Machine & Tool Corporation's sponsor-wide assets declined 1.6%, from $28M to $28M.
Where does Peerless Machine and Tool Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Peerless Machine and Tool Corporation Employee Stock Ownership Plan ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Peerless Machine and Tool Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Tsc 401(k) Employee Stock Ownership Plan in MN ($30M, 69 participants).
Which ESOP plans cover a similar participant headcount to Peerless Machine and Tool Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Tc Federal Bank Employee Stock Ownership Plan in GA (50 participants, $5M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 350572500.

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.