Money Purchase · DOL Form 5500 · 2023

Pax Machine Works, Inc. Money Purchase Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
203
Participants Below avg headcount
79th
Percentile by assets National rank
$143,184
Avg per participant Near avg balance/head
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Official DOL plan name: Pax Machine Works, Inc. Pension Plan & Trust · Sponsored by Pax Machine Works, Inc. · Ohio · Manufacturing

$29M in assets, 203 participants

Pax Machine Works, Inc.'s Pax Machine Works, Inc. Pension Plan & Trust reported $29M in total assets and 203 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.

  • #13,204 in Manufacturing (18,722 peers)

Coverage in Ohio

Pax Machine Works, Inc. Pension Plan & Trust covers 203 participants in Ohio, about 27% of the average Ohio filer (state average ~765 per filing). Assets: $29M.

#13,204
in Manufacturing (18,722 peers)
+9.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Pax Machine Works, Inc. Pension Plan & Trust's outsized position by total assets

Pax Machine Works, Inc. Pension Plan & Trust vs every filed plan by assets

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

$29,066,342 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. Pension Plan & Trust 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. Pension Plan & Trust sits mid-pack in the medium band (203 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pax Machine Works, Inc. Pension Plan & Trust reported net income fell from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Pax Machine Works, Inc. Pension Plan & Trust end-of-year assets rose from $26M in the plan year 2022 filing to $29M in the plan year 2023 filing.
  • Pax Machine Works, Inc. Pension Plan & Trust reported participants rose from 192 in the plan year 2022 filing to 203 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 · Money Purchase

Pax Machine Works, Inc. Pension Plan & Trust · $29M · 203 · 79th

  • EIN $29M
  • EIN 203
  • EIN 79th
  • EIN Money Purchase
  • EIN near Inland Refrigeration and Air Conditioning Retirement Trust Fund
  • EIN ind #13204

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. Pension Plan & Trust in the asset neighbourhood

California State University - Long Beach Research Foundation 403(b) Defined Contribution Retirement PlanCalifornia State University …$29MMuseum of Science Retirement PlanMuseum of Science Retirement…$29MPax Machine Works, Inc. Pension Plan & TrustPax Machine Works, Inc. Pens…$29MInland Refrigeration and Air Conditioning Retirement Trust FundInland Refrigeration and Air…$29MGillig Money Purchase Pension PlanGillig Money Purchase Pensio…$29M
End-of-year total assets ($M) among Pax Machine Works, Inc. Pension Plan & Trust and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$29M
Net Income$3M
Employer EIN340895186
Plan Effective Date1973-08-03
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 Money Purchase Plans in Ohio

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Pax Machine Works, Inc. Pension Plan & Trust vs. nearby Money Purchase plans in Ohio, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -0.500.511.52 Total assets ($B) Participants Pax Machine Works, Inc. Pension Plan & Trust, Total assets ($B): 0.029066342 · Participants: 203Pax Machine Works, Inc. Pension Plan & TrustThe Sherwin-Williams Company Salaried Employees' Revised Pension Investment Plan, Total assets ($B): 1.550030538 · Participants: 47282The Sherwin-Williams Company Salaried Employees' Revised Pension Investment PlanThe Cleveland Clinic Foundation Cash Balance Plan, Total assets ($B): 1.409816763 · Participants: 4739The Cleveland Clinic Foundation Cash Balance PlanIron Workers District Council of So Oh & Vicinity Annuity Trust, Total assets ($B): 0.476163733 · Participants: 6936Iron Workers District Council of So Oh & Vicinity Annuity TrustBaker & Hostetler LLP Basic/Step-Rate Retirement Plan, Total assets ($B): 0.472603784 · Participants: 1004Baker & Hostetler LLP Basic/Step-Rate Retirement PlanUniversity of Dayton Defined Contribution Retirement Plan, Total assets ($B): 0.347565671 · Participants: 3080University of Dayton Defined Contribution Retirement Plan
Pax Machine Works, Inc. Pension Plan & Trust vs. nearby Money Purchase plans in Ohio, assets vs. participants
Compare Pax Machine Works, Inc. Pension Plan & Trust side-by-side with 3 peers →

Pax Machine Works, Inc. Pension Plan & Trust's out-of-state Money Purchase peers by assets and headcount

Outside Ohio, the nearest Money Purchase by assets is Inland Refrigeration and Air Conditioning Retirement Trust Fund in CA ($29M); by covered participants it is Rhode Island Sheet Metal Workers Local 17 Annuity Fund in RI (202 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (203 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. Pension Plan & Trust assets move in 2023? ▼
Pax Machine Works, Inc. Pension Plan & Trust grew at a solid clip - up 9.8% during 2023, from $26M to $29M. Reported net income was $3M.
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. Pension Plan & Trust rank by assets among Form 5500 filers? ▼
Pax Machine Works, Inc. Pension Plan & Trust 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 Money Purchase plans are similar in size to Pax Machine Works, Inc. Pension Plan & Trust? ▼
Among Money Purchase plans in other states, the closest by assets is Inland Refrigeration and Air Conditioning Retirement Trust Fund in CA ($29M, 181 participants).
Which Money Purchase plans cover a similar participant headcount to Pax Machine Works, Inc. Pension Plan & Trust? ▼
Among Money Purchase plans in other states, the closest by covered participants is Rhode Island Sheet Metal Workers Local 17 Annuity Fund in RI (202 participants, $21M 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.