401(k) · DOL Form 5500 · 2023

Padagis LLC 401(k) Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
447
Participants Below avg headcount
79th
Percentile by assets National rank
$64,059
Avg per participant Low balance/head
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Official DOL plan name: Padagis 401(k) Retirement Plan · Sponsored by Padagis LLC · Michigan · Manufacturing

$29M in assets, 447 participants

Padagis LLC's Padagis 401(k) Retirement Plan reported $29M in total assets and 447 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.

  • #13,152 in Manufacturing (18,722 peers)

Where Padagis 401(k) Retirement Plan sits by assets

Padagis 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $29M for 447 participants (~$64,059/participant), up 43.0% in 2023.

#13,152
in Manufacturing (18,722 peers)
+43.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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

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

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

$28,634,218 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

Padagis 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. Padagis 401(k) Retirement Plan sits mid-pack in the medium band (447 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Padagis 401(k) Retirement Plan end-of-year assets rose from $20M in the plan year 2022 filing to $29M in the plan year 2023 filing.
  • Padagis 401(k) Retirement Plan reported net income fell from $11M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Padagis 401(k) Retirement Plan reported participants rose from 418 in the plan year 2022 filing to 447 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 870887102 · Padagis LLC PY 2023 · 401(k)

Padagis 401(k) Retirement Plan · $29M · 447 · 79th

  • BOY $29M
  • SCH 447
  • EBSA 79th
  • PART 401(k)
  • TYPE near American Roller Company Retirement Plan
  • NET ind #13152

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 →

Padagis 401(k) Retirement Plan in the asset neighbourhood

Peripheral Vascular Associates 401(k) PlanPeripheral Vascular Associat…$29MCommunity Health Centers, Inc. 401(k) PlanCommunity Health Centers, In…$29MPadagis 401(k) Retirement PlanPadagis 401(k) Retirement Pl…$29MAmerican Roller Company Retirement PlanAmerican Roller Company Reti…$29MThe Greenery, Inc. Employee Stock Ownership and 401(k) PlanThe Greenery, Inc. Employee …$29M
End-of-year total assets ($M) among Padagis 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$29M
Net Income$9M
Employer EIN870887102
Plan Effective Date2021-09-20
Filing StatusFILING RECEIVED

Sponsor Plan History (Padagis LLC)

Sponsor-wide plan assets over time

All Padagis LLC plans reported in each filing year

Latest sponsor-wide plan assets
$37M 82.85535398974113% vs 2022
2024 filing year
$15M$20M$25M$30M$35M$40M 202220232024 $20M $36.6M ▲ +82.9%
Year Plans Participants Total Assets
2022 1 418 $20M
2023 1 447 $29M
2024 1 450 $37M

Nearby 401(k) Plans in Michigan

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

Padagis 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Padagis 401(k) Retirement Plan, Total assets ($B): 0.028634218 · Participants: 447Padagis 401(k) Retirement 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
Padagis 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Padagis 401(k) Retirement Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is American Roller Company Retirement Plan in WI ($29M); by covered participants it is Plan 2 - West Coast Dental, Inc. 401(k) Plan in CA (447 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (447 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 Padagis 401(k) Retirement Plan assets move in 2023? ▼
Padagis 401(k) Retirement Plan surged - up 43.0% during 2023, from $20M to $29M. Reported net income was $9M.
How have Padagis LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Padagis LLC's sponsor-wide assets grew 82.9%, from $20M to $37M.
Where does Padagis 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Padagis 401(k) Retirement 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 401(k) plans are similar in size to Padagis 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is American Roller Company Retirement Plan in WI ($29M, 258 participants).
Which 401(k) plans cover a similar participant headcount to Padagis 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Plan 2 - West Coast Dental, Inc. 401(k) Plan in CA (447 participants, $3M 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 870887102.

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.