ESOP · DOL Form 5500 · 2023

Panelmatic Inc ESOP

Data updated 2026-08-25

$24M
Total assets Small plan by assets
150
Participants Small participant base
76th
Percentile by assets National rank
$163,322
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Panelmatic,Inc. Employee Stock Ownership Plan · Sponsored by Panelmatic Inc · · Manufacturing

$24M in assets, 150 participants

Panelmatic Inc's Panelmatic,Inc. Employee Stock Ownership Plan reported $24M in total assets and 150 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #12,535 in Manufacturing (18,722 peers)

Where Panelmatic,Inc. Employee Stock Ownership Plan sits by assets

Panelmatic,Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $24M for 150 participants (~$163,322/participant), up 48.3% in 2023.

#12,535
in Manufacturing (18,722 peers)
+48.3%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Panelmatic,Inc. Employee Stock Ownership Plan's outsized position by total assets

Panelmatic,Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$24,498,289 Top 24% higher than 76% 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

Panelmatic,Inc. Employee Stock Ownership 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. Panelmatic,Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (150 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Panelmatic,Inc. Employee Stock Ownership Plan reported net income rose from $1M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Panelmatic,Inc. Employee Stock Ownership Plan end-of-year assets rose from $17M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Panelmatic,Inc. Employee Stock Ownership Plan reported participants rose from 106 in the plan year 2022 filing to 150 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 340817614 · Panelmatic Inc PY 2023 · ESOP

Panelmatic,Inc. Employee Stock Ownership Plan · $24M · 150 · 76th

  • EIN $24M
  • EIN 150
  • EIN 76th
  • EIN ESOP
  • EIN near Ata Engineering, Inc. Employee Stock Ownership Plan
  • EIN ind #12535

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 What is an ESOP? →

Panelmatic,Inc. Employee Stock Ownership Plan in the asset neighbourhood

Technical Builders, Inc. Employee Stock Ownership PlanTechnical Builders, Inc. Emp…$25MFuscoe Engineering, Inc. Employee Stock Ownership PlanFuscoe Engineering, Inc. Emp…$25MCampus Construction Management Group, Inc. Employee Stock Ownership PlanCampus Construction Manageme…$25MPanelmatic,Inc. Employee Stock Ownership PlanPanelmatic,Inc. Employee Sto…$24MAta Engineering, Inc. Employee Stock Ownership PlanAta Engineering, Inc. Employ…$24M
End-of-year total assets ($M) among Panelmatic,Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$16M
Net Income$7M
Employer EIN340817614
Plan Effective Date1989-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Panelmatic Inc)

Sponsor-wide plan assets over time

All Panelmatic Inc plans reported in each filing year

Latest sponsor-wide plan assets
$12M 38.76533660560363% vs 2022
2024 filing year
$10M$15M$20M$25M$30M 202220232024 $19.1M $11.7M ▼ -38.7%
Year Plans Participants Total Assets
2022 2 236 $19M
2023 1 150 $24M
2024 1 230 $12M

Nearby ESOP Plans in

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

Panelmatic,Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in , assets vs. participants Scatter plot of 6 data points. 0100200300400 020406080 Total assets ($M) Participants Panelmatic,Inc. Employee Stock Ownership Plan, Total assets ($M): 24.498289 · Participants: 150Panelmatic,Inc. Employee Stock Ownership PlanGodshall's Quality Meats Employee Stock Ownership Plan, Total assets ($M): 58.350851 · Participants: 286Godshall's Quality Meats Employee Stock Ownership PlanOnin Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 43.899975 · Participants: 384Onin Holdings, Inc. Employee Stock Ownership PlanLyon Services Corporation Employee Stock Ownership Plan, Total assets ($M): 13.694694 · Participants: 82Lyon Services Corporation Employee Stock Ownership PlanMn Builders Employee Stock Ownership Plan, Total assets ($M): 12.435407 · Participants: 89Mn Builders Employee Stock Ownership PlanThe Proconex Group Employee Stock Ownership Plan, Total assets ($M): 11.626677 · Participants: 236The Proconex Group Employee Stock Ownership Plan
Panelmatic,Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in , assets vs. participants
Compare Panelmatic,Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Panelmatic,Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside this state, the nearest ESOP by assets is Ata Engineering, Inc. Employee Stock Ownership Plan in CA ($24M); by covered participants it is Mclaren Technical Services, Inc. Employee Stock Ownership Plan in NJ (150 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (150 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 Panelmatic,Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Panelmatic,Inc. Employee Stock Ownership Plan surged - up 48.3% during 2023, from $17M to $24M. Reported net income was $7M.
How have Panelmatic Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Panelmatic Inc's sponsor-wide assets declined 38.8%, from $19M to $12M.
Where does Panelmatic,Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Panelmatic,Inc. Employee Stock Ownership Plan ranks in the 76th 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 ESOP plans are similar in size to Panelmatic,Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Ata Engineering, Inc. Employee Stock Ownership Plan in CA ($24M, 187 participants).
Which ESOP plans cover a similar participant headcount to Panelmatic,Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Mclaren Technical Services, Inc. Employee Stock Ownership Plan in NJ (150 participants, $13M 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 340817614.

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.