401(k) · DOL Form 5500 · 2023

Panama Transfer 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
265
Participants Below avg headcount
74th
Percentile by assets National rank
$82,270
Avg per participant Below avg balance/head
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Official DOL plan name: Panama Transfer Profit Sharing Plan · Sponsored by Panama Transfer · Iowa · Transportation & Warehousing

$22M in assets, 265 participants

Panama Transfer's Panama Transfer Profit Sharing Plan reported $22M in total assets and 265 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #2,482 in Transportation & Warehousing (3,362 peers)

Coverage in Iowa

Panama Transfer Profit Sharing Plan covers 265 participants in Iowa, about 44% of the average Iowa filer (state average ~609 per filing). Assets: $22M.

#2,482
in Transportation & Warehousing (3,362 peers)
+15.6%
assets growth YoY

Panama Transfer Profit Sharing Plan's outsized position by total assets

Panama Transfer Profit Sharing Plan vs every filed plan by assets

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

$21,801,540 Top 26% higher than 74% 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

Panama Transfer Profit Sharing 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. Panama Transfer Profit Sharing Plan sits mid-pack in the medium band (265 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Panama Transfer Profit Sharing Plan reported net income rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Panama Transfer Profit Sharing Plan end-of-year assets rose from $19M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Panama Transfer Profit Sharing Plan reported participants rose from 255 in the plan year 2022 filing to 265 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 420921056 · Panama Transfer PY 2023 · 401(k)

Panama Transfer Profit Sharing Plan · $22M · 265 · 74th

  • PART $22M
  • TYPE 265
  • NET 74th
  • BOOK 401(k)
  • VS-ST near Surteco North America 401(k) Plan
  • BOY ind #2482

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 Transportation & Warehousing retirement plans → · Plans in Iowa →

Panama Transfer Profit Sharing Plan in the asset neighbourhood

Panama Transfer Profit Sharing PlanPanama Transfer Profit Shari…$22MSurteco North America 401(k) PlanSurteco North America 401(k)…$22MFranklin & Prokopik 401(k) Savings & Profit SharingFranklin & Prokopik 401(k) S…$22MAmerican Health Information Management Association 401(k) PlanAmerican Health Information …$22MEmployee Savings Plan$22M
End-of-year total assets ($M) among Panama Transfer Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$22M
Net Income$3M
Employer EIN420921056
Plan Effective Date1992-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Panama Transfer)

Sponsor-wide plan assets over time

All Panama Transfer plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$10M$20M$30M 202220232024 $18.9M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 255 $19M
2023 1 265 $22M
2024 1 268 N/A

Nearby 401(k) Plans in Iowa

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

Panama Transfer Profit Sharing Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Panama Transfer Profit Sharing Plan, Total assets ($B): 0.02180154 · Participants: 265Panama Transfer Profit Sharing PlanThe Principal Select Savings Plan, Total assets ($B): 4.134174305 · Participants: 12827The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.955731563 · Participants: 28959Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.941182172 · Participants: 56181The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.890404508 · Participants: 14720The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.425600114 · Participants: 6999Transamerica 401(k) Retirement Savings Plan
Panama Transfer Profit Sharing Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Panama Transfer Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Surteco North America 401(k) Plan in NC ($22M); by covered participants it is Ktm Industries Inc 401(k) Profit Sharing Plan & Trust in MI (265 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (265 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 Panama Transfer Profit Sharing Plan assets move in 2023?
Panama Transfer Profit Sharing Plan grew sharply - up 15.6% during 2023, from $19M to $22M. Reported net income was $3M.
Which 401(k) plans are similar in size to Panama Transfer Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Surteco North America 401(k) Plan in NC ($22M, 282 participants).
Which 401(k) plans cover a similar participant headcount to Panama Transfer Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Ktm Industries Inc 401(k) Profit Sharing Plan & Trust in MI (265 participants, N/A in assets).