401(k) · DOL Form 5500 · 2023
Louis Padnos Iron & Metal Company 401(k) Plan
Data updated 2026-08-25
- $95M
- Total assets Below avg plan size
- 854
- Participants Near avg headcount
- 91st
- Percentile by assets National rank
- $111,196
- Avg per participant Below avg balance/head
Official DOL plan name: Louis Padnos Iron & Metal Company Savings and Retirement Plan · Sponsored by Louis Padnos Iron & Metal Company · Michigan · Wholesale Trade
$95M in assets, 854 participants
Louis Padnos Iron & Metal Company's Louis Padnos Iron & Metal Company Savings and Retirement Plan reported $95M in total assets and 854 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.
- #5,834 in Wholesale Trade (6,309 peers)
Where Louis Padnos Iron & Metal Company Savings and Retirement Plan sits by assets
Louis Padnos Iron & Metal Company Savings and Retirement Plan sits in the top 10% of all filed plans by assets, $95M for 854 participants (~$111,196/participant), up 14.9% in 2023.
- #5,834
- in Wholesale Trade (6,309 peers)
- +14.9%
- assets growth YoY
- 1.0×
- vs typical plan assets (national mean)
Louis Padnos Iron & Metal Company Savings and Retirement Plan's outsized position by total assets
Louis Padnos Iron & Metal Company Savings and Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$94,961,162 Top 9% higher than 91% 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
Louis Padnos Iron & Metal Company Savings and 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. Louis Padnos Iron & Metal Company Savings and Retirement Plan sits mid-pack in the medium band (854 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Louis Padnos Iron & Metal Company Savings and Retirement Plan reported net income rose from -$16M in the plan year 2022 filing to $12M in the plan year 2023 filing.
- Louis Padnos Iron & Metal Company Savings and Retirement Plan reported participants rose from 700 in the plan year 2022 filing to 854 in the plan year 2023 filing.
- Louis Padnos Iron & Metal Company Savings and Retirement Plan end-of-year assets rose from $83M in the plan year 2022 filing to $95M in the plan year 2023 filing.
DOL schedule card
Filing strip 381283690 · Louis Padnos Iron & Metal Company PY 2023 · 401(k)
Louis Padnos Iron & Metal Company Savings and Retirement Plan · $95M · 854 · 91st
- 5500 $95M
- 5500 854
- 5500 91st
- 5500 401(k)
- 5500 near The Sycuan Band of the Kumeyaay Nation 401(k) Retirement Savings Plan
- 5500 ind #5834
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 Wholesale Trade retirement plans → · Plans in Michigan →
Louis Padnos Iron & Metal Company Savings and Retirement Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $83M |
|---|---|
| Net Assets (End of Year) | $95M |
| Net Income | $12M |
| Employer EIN | 381283690 |
| Plan Effective Date | 1953-06-30 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Louis Padnos Iron & Metal Company)
Sponsor-wide plan assets over time
All Louis Padnos Iron & Metal Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $103M 24.603606638520986% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 700 | $83M |
| 2023 | 1 | 854 | $95M |
| 2024 | 1 | 884 | $103M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
- The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195
Louis Padnos Iron & Metal Company Savings and Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is The Sycuan Band of the Kumeyaay Nation 401(k) Retirement Savings Plan in CA ($95M); by covered participants it is Marcus & Millichap, Inc. 401(k) Plan in CA (854 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($95M here).
Similar participant headcount
Nearest other-state filings by covered participants (854 participants); asset peers above are excluded.
- Marcus & Millichap, Inc. 401(k) Plan (CA) 854 · 0 off
- Timmons Group, Inc. 401(k) Plan (VA) 854 · 0 off
- Mimedx Group, Inc. 401(k) Plan (GA) 854 · 0 off
- Univ of Wi Cu Retirement Savings Plan and Trust (WI) 854 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.