401(k) · DOL Form 5500 · 2023

Payroll & Insurance Group Inc 401(k) Plan

Data updated 2026-08-25

$132M
Total assets Near avg plan size
1,164
Participants Near avg headcount
93rd
Percentile by assets National rank
$113,590
Avg per participant Below avg balance/head
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Official DOL plan name: Metal Companies 401(k) Plan · Sponsored by Payroll & Insurance Group Inc · Illinois · Professional & Technical Services

$132M in assets, 1,164 participants

Payroll & Insurance Group Inc's Metal Companies 401(k) Plan reported $132M in total assets and 1,164 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #19,141 in Professional & Technical Services (20,321 peers)

Where Metal Companies 401(k) Plan sits by assets

Metal Companies 401(k) Plan sits in the top 10% of all filed plans by assets, $132M for 1,164 participants (~$113,590/participant), up 20.6% in 2023.

#19,141
in Professional & Technical Services (20,321 peers)
+20.6%
assets growth YoY
1.3×
vs typical plan assets (national mean)

Metal Companies 401(k) Plan's outsized position by total assets

Metal Companies 401(k) Plan vs every filed plan by assets

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

$132,218,919 Top 7% higher than 93% 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

Metal Companies 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Metal Companies 401(k) Plan lands in the large band (1,164 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Metal Companies 401(k) Plan reported net income rose from -$16M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Metal Companies 401(k) Plan end-of-year assets rose from $110M in the plan year 2022 filing to $132M in the plan year 2023 filing.
  • Metal Companies 401(k) Plan reported participants rose from 1,138 in the plan year 2022 filing to 1,164 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 010606601 · Payroll & Insurance Group Inc PY 2023 · 401(k)

Metal Companies 401(k) Plan · $132M · 1,164 · 93rd

  • EBSA $132M
  • EBSA 1,164
  • EBSA 93rd
  • EBSA 401(k)
  • EBSA near Defined Contribution Plan for Employees of Broadcast Music, Inc. and Certain Subsidiaries
  • EBSA ind #19141

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 Professional & Technical Services retirement plans → · Plans in Illinois →

Metal Companies 401(k) Plan in the asset neighbourhood

Restaurant Brands International Savings PlanRestaurant Brands Internatio…$132MAustin Powder 401(k) Profit Sharing PlanAustin Powder 401(k) Profit …$132MDefined Contribution Plan for Employees of Broadcast Music, Inc. and Certain SubsidiariesDefined Contribution Plan fo…$132MMetal Companies 401(k) Plan$132MHathaway Dinwiddie Construction Company 401(k) PlanHathaway Dinwiddie Construct…$132M
End-of-year total assets ($M) among Metal Companies 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$110M
Net Assets (End of Year)$132M
Net Income$23M
Employer EIN010606601
Plan Effective Date2001-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Payroll & Insurance Group Inc)

Sponsor-wide plan assets over time

All Payroll & Insurance Group Inc plans reported in each filing year

Latest sponsor-wide plan assets
$359M 21.558277258693117% vs 2022
2024 filing year
$280M$300M$320M$340M$360M$380M 202220232024 $296M $359M ▲ +21.6%
Year Plans Participants Total Assets
2022 2 1,573 $296M
2023 2 1,577 $329M
2024 2 1,594 $359M

Nearby 401(k) Plans in Illinois

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

Metal Companies 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Metal Companies 401(k) Plan, Total assets ($B): 0.132218919 · Participants: 1164Metal Companies 401(k) 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
Metal Companies 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Metal Companies 401(k) Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest 401(k) by assets is Defined Contribution Plan for Employees of Broadcast Music, Inc. and Certain Subsidiaries in TN ($132M); by covered participants it is Urus Group LP 401(k) Retirement Plan in WI (1,164 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,164 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 Metal Companies 401(k) Plan assets move in 2023? ▼
Metal Companies 401(k) Plan grew sharply - up 20.6% during 2023, from $110M to $132M. Reported net income was $23M.
How have Payroll & Insurance Group Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Payroll & Insurance Group Inc's sponsor-wide assets grew 21.6%, from $296M to $359M.
Where does Metal Companies 401(k) Plan rank by assets among Form 5500 filers? ▼
Metal Companies 401(k) Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Metal Companies 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Defined Contribution Plan for Employees of Broadcast Music, Inc. and Certain Subsidiaries in TN ($132M, 699 participants).
Which 401(k) plans cover a similar participant headcount to Metal Companies 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Urus Group LP 401(k) Retirement Plan in WI (1,164 participants, $144M 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 010606601.

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.