401(k) · DOL Form 5500 · 2023

Pax Machine Works, Inc. 401(k) Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
199
Participants Below avg headcount
79th
Percentile by assets National rank
$146,411
Avg per participant Above avg balance/head
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Official DOL plan name: Pax Machine Works, Inc. 401(k) Retirement Plan · Sponsored by Pax Machine Works, Inc. · Ohio · Manufacturing

$29M in assets, 199 participants

Pax Machine Works, Inc.'s Pax Machine Works, Inc. 401(k) Retirement Plan reported $29M in total assets and 199 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.

  • #13,214 in Manufacturing (18,722 peers)

Coverage in Ohio

Pax Machine Works, Inc. 401(k) Retirement Plan covers 199 participants in Ohio, about 26% of the average Ohio filer (state average ~765 per filing). Assets: $29M.

#13,214
in Manufacturing (18,722 peers)
+17.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Pax Machine Works, Inc. 401(k) Retirement Plan's outsized position by total assets

Pax Machine Works, Inc. 401(k) Retirement Plan vs every filed plan by assets

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

$29,135,815 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

Pax Machine Works, Inc. 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. Pax Machine Works, Inc. 401(k) Retirement Plan sits mid-pack in the medium band (199 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pax Machine Works, Inc. 401(k) Retirement Plan reported net income rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Pax Machine Works, Inc. 401(k) Retirement Plan end-of-year assets rose from $25M in the plan year 2022 filing to $29M in the plan year 2023 filing.
  • Pax Machine Works, Inc. 401(k) Retirement Plan reported participants fell from 215 in the plan year 2022 filing to 199 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 340895186 · Pax Machine Works, Inc. PY 2023 · 401(k)

Pax Machine Works, Inc. 401(k) Retirement Plan · $29M · 199 · 79th

  • ASSETS $29M
  • ASSETS 199
  • ASSETS 79th
  • ASSETS 401(k)
  • ASSETS near Lavazza Professional North America, LLC 401(k) Plan
  • ASSETS ind #13214

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 Ohio →

Pax Machine Works, Inc. 401(k) Retirement Plan in the asset neighbourhood

Pax Machine Works, Inc. 401(k) Retirement PlanPax Machine Works, Inc. 401(…$29MAvesis Retirement Investment PlanAvesis Retirement Investment…$29MHallam Associates, Inc. Profit Sharing and Savings PlanHallam Associates, Inc. Prof…$29MLavazza Professional North America, LLC 401(k) PlanLavazza Professional North A…$29MNovae LLC 401(k) Retirement PlanNovae LLC 401(k) Retirement …$29M
End-of-year total assets ($M) among Pax Machine Works, Inc. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$29M
Net Income$4M
Employer EIN340895186
Plan Effective Date1995-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pax Machine Works, Inc.)

Sponsor-wide plan assets over time

All Pax Machine Works, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$58M 12.997699418609669% vs 2022
2024 filing year
$50M$55M$60M 202220232024 $51.3M $58M ▲ +13.0%
Year Plans Participants Total Assets
2022 2 407 $51M
2023 2 402 $58M
2024 2 387 $58M

Nearby 401(k) Plans in Ohio

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

Pax Machine Works, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Pax Machine Works, Inc. 401(k) Retirement Plan, Total assets ($B): 0.029135815 · Participants: 199Pax Machine Works, Inc. 401(k) Retirement PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Pax Machine Works, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Pax Machine Works, Inc. 401(k) Retirement Plan side-by-side with 3 peers →

Pax Machine Works, Inc. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Lavazza Professional North America, LLC 401(k) Plan in PA ($29M); by covered participants it is Una's Nonprofit Retirement Solution in UT (199 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (199 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 Pax Machine Works, Inc. 401(k) Retirement Plan assets move in 2023? ▼
Pax Machine Works, Inc. 401(k) Retirement Plan grew sharply - up 17.2% during 2023, from $25M to $29M. Reported net income was $4M.
How have Pax Machine Works, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Pax Machine Works, Inc.'s sponsor-wide assets grew 13.0%, from $51M to $58M.
Where does Pax Machine Works, Inc. 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Pax Machine Works, Inc. 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 Pax Machine Works, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lavazza Professional North America, LLC 401(k) Plan in PA ($29M, 316 participants).
Which 401(k) plans cover a similar participant headcount to Pax Machine Works, Inc. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Una's Nonprofit Retirement Solution in UT (199 participants, $987K 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 340895186.

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.