401(k) · DOL Form 5500 · 2023

Panel Processing, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
187
Participants Below avg headcount
48th
Percentile by assets National rank
$32,315
Avg per participant Low balance/head
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Official DOL plan name: Panel Processing, Inc. 401(k) Plan · Sponsored by Panel Processing, Inc. · Michigan · Manufacturing

$6M in assets, 187 participants

Panel Processing, Inc.'s Panel Processing, Inc. 401(k) Plan reported $6M in total assets and 187 participants in its 2023 DOL Form 5500 filing, ranking in the 48th 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.

  • #5,962 in Manufacturing (18,722 peers)

Coverage in Michigan

Panel Processing, Inc. 401(k) Plan covers 187 participants in Michigan, about 29% of the average Michigan filer (state average ~638 per filing). Assets: $6M.

#5,962
in Manufacturing (18,722 peers)
+6.3%
assets growth YoY

Panel Processing, Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Panel Processing, Inc. 401(k) Plan vs every filed plan by assets

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

$6,042,941 48th percentile higher than 48% 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

Panel Processing, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Panel Processing, Inc. 401(k) Plan sits mid-pack in the medium band (187 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Panel Processing, Inc. 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $359K in the plan year 2023 filing.
  • Panel Processing, Inc. 401(k) Plan end-of-year assets rose from $6M in the plan year 2022 filing to $6M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 381946344 · Panel Processing, Inc. PY 2023 · 401(k)

Panel Processing, Inc. 401(k) Plan · $6M · 187 · 48th

  • TYPE $6M
  • NET 187
  • BOOK 48th
  • VS-ST 401(k)
  • BOY near Colerain Animal Clinic 401(k) Plan & Trust
  • SCH ind #5962

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 Michigan →

Panel Processing, Inc. 401(k) Plan in the asset neighbourhood

Panel Processing, Inc. 401(k) PlanPanel Processing, Inc. 401(k…$6MColerain Animal Clinic 401(k) Plan & TrustColerain Animal Clinic 401(k…$6MCentral Houston, Inc. 401(k) PlanCentral Houston, Inc. 401(k)…$6MHireart 401(k) Plan$6MVelocity Medtech 401(k) Plan$6M
End-of-year total assets ($M) among Panel Processing, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income$359K
Employer EIN381946344
Plan Effective Date2002-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Panel Processing, Inc.)

Sponsor-wide plan assets over time

All Panel Processing, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 25.35021116246775% vs 2022
2024 filing year
$14M$16M$18M$20M$22M 202220232024 $20.6M $15.4M ▼ -25.4%
Year Plans Participants Total Assets
2022 2 332 $21M
2023 2 350 $19M
2024 2 332 $15M

Nearby 401(k) Plans in Michigan

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

Panel Processing, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Panel Processing, Inc. 401(k) Plan, Total assets ($B): 0.006042941 · Participants: 187Panel Processing, Inc. 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Panel Processing, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Panel Processing, Inc. 401(k) Plan side-by-side with 3 peers →

Panel Processing, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Colerain Animal Clinic 401(k) Plan & Trust in OH ($6M); by covered participants it is The Infosoft Group Retirement Plan in WI (187 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

Similar participant headcount

Nearest other-state filings by covered participants (187 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 Panel Processing, Inc. 401(k) Plan assets move in 2023? ▼
Panel Processing, Inc. 401(k) Plan grew at a solid clip - up 6.3% during 2023, from $6M to $6M. Reported net income was $359K.
How have Panel Processing, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Panel Processing, Inc.'s sponsor-wide assets declined 25.4%, from $21M to $15M.
Which 401(k) plans are similar in size to Panel Processing, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Colerain Animal Clinic 401(k) Plan & Trust in OH ($6M, 117 participants).
Which 401(k) plans cover a similar participant headcount to Panel Processing, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Infosoft Group Retirement Plan in WI (187 participants, N/A 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 381946344.

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.