401(k) · DOL Form 5500 · 2023

Peerless Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
231
Participants Below avg headcount
78th
Percentile by assets National rank
$122,249
Avg per participant Near avg balance/head
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Official DOL plan name: Peerless 401(k) Retirement Plan · Sponsored by Peerless Industries, Inc. · Illinois · Manufacturing

$28M in assets, 231 participants

Peerless Industries, Inc.'s Peerless 401(k) Retirement Plan reported $28M in total assets and 231 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #13,101 in Manufacturing (18,722 peers)

Coverage in Illinois

Peerless 401(k) Retirement Plan covers 231 participants in Illinois, about 30% of the average Illinois filer (state average ~779 per filing). Assets: $28M.

#13,101
in Manufacturing (18,722 peers)
+17.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Peerless 401(k) Retirement Plan's outsized position by total assets

Peerless 401(k) Retirement Plan vs every filed plan by assets

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

$28,239,445 Top 22% higher than 78% 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 401(k) Retirement 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. Peerless 401(k) Retirement Plan sits mid-pack in the medium band (231 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Peerless 401(k) Retirement Plan reported net income rose from -$3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Peerless 401(k) Retirement Plan end-of-year assets rose from $24M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • Peerless 401(k) Retirement Plan reported participants rose from 217 in the plan year 2022 filing to 231 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 362700452 · Peerless Industries, Inc. PY 2023 · 401(k)

Peerless 401(k) Retirement Plan · $28M · 231 · 78th

  • PCT $28M
  • EIN 231
  • RANK 78th
  • PHOTO 401(k)
  • IND near Flat Rock Metal Inc 401(k) Retirement Savings Plan
  • EOY ind #13101

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 →

Peerless 401(k) Retirement Plan in the asset neighbourhood

Peerless 401(k) Retirement PlanPeerless 401(k) Retirement P…$28MFlat Rock Metal Inc 401(k) Retirement Savings PlanFlat Rock Metal Inc 401(k) R…$28MSentry Equipment Corp. 401(k) PlanSentry Equipment Corp. 401(k…$28MCancer Partners of Nebraska 401(k) Profit Sharing PlanCancer Partners of Nebraska …$28MUidc 401(k) Plan$28M
End-of-year total assets ($M) among Peerless 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$28M
Net Income$4M
Employer EIN362700452
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Peerless Industries, Inc.)

Sponsor-wide plan assets over time

All Peerless Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$32M 31.81904530865663% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $24M $31.7M ▲ +31.8%
Year Plans Participants Total Assets
2022 1 217 $24M
2023 1 231 $28M
2024 1 205 $32M

Nearby 401(k) Plans in Illinois

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

Peerless 401(k) Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Peerless 401(k) Retirement Plan, Total assets ($B): 0.028239445 · Participants: 231Peerless 401(k) Retirement PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Peerless 401(k) Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Peerless 401(k) Retirement Plan side-by-side with 3 peers →

Peerless 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Flat Rock Metal Inc 401(k) Retirement Savings Plan in MI ($28M); by covered participants it is Teacher Synergy LLC 401(k) Plan in NY (231 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($28M here).

Similar participant headcount

Nearest other-state filings by covered participants (231 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 401(k) Retirement Plan assets move in 2023? ▼
Peerless 401(k) Retirement Plan grew sharply - up 17.6% during 2023, from $24M to $28M. Reported net income was $4M.
How have Peerless Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Peerless Industries, Inc.'s sponsor-wide assets grew 31.8%, from $24M to $32M.
Where does Peerless 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Peerless 401(k) Retirement Plan ranks in the 78th 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 401(k) plans are similar in size to Peerless 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Flat Rock Metal Inc 401(k) Retirement Savings Plan in MI ($28M, 421 participants).
Which 401(k) plans cover a similar participant headcount to Peerless 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Teacher Synergy LLC 401(k) Plan in NY (231 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 362700452.

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.