401(k) · DOL Form 5500 · 2023
Payroll & Insurance Group Inc 401(k) Plan
Data updated 2026-08-11
- $132M
- Total assets
- 1,164
- Participants
- 93rd
- Percentile by assets
- $113,590
- Avg per participant
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.
- 93rd percentile by assets (of 127,072 plans)
- #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.
- $132M
- total plan assets (2023 EOY)
- 1,164
- covered participants
- 93rd
- percentile by assets (of 127,072 plans)
- $113,590
- avg assets per participant
Where Metal Companies 401(k) Plan sits 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
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.
Metal Companies 401(k) Plan vs the 2023 asset distribution
By assets, Metal Companies 401(k) Plan outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.3x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $110M |
|---|---|
| Net Assets (End of Year) | $132M |
| Net Income | $23M |
| Employer EIN | 010606601 |
| Plan Effective Date | 2001-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Payroll & Insurance Group Inc)
| 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
- Accenture United States 401(k) Match Savings Plan $17.6B · 69,974
- State Farm 401(k) Savings Plan $16.9B · 60,246
- Abbott Laboratories Stock Retirement Plan $14.5B · 38,012
- United Airlines Pilot Retirement Account Plan $14.4B · 14,959
- Walgreens Retirement Savings Plan $13.4B · 235,331
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Metal Companies 401(k) Plan by total assets, not by location.
Frequently Asked Questions
How did Metal Companies 401(k) Plan assets move in 2023? ▼
How have Payroll & Insurance Group Inc plan assets changed over time? ▼
Where does Metal Companies 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Metal Companies 401(k) Plan? ▼
Next read for Metal Companies 401(k) Plan
Scale reading
Ways to act on Metal Companies 401(k) Plan's numbers.
- By total assets, Metal Companies 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Illinois. Compare plans
- Payroll & Insurance Group Inc's sponsor-wide assets have grown 21.6% since 2022 across 3 plan years on file. More Professional & Technical Services plans