401(k) · DOL Form 5500 · 2023

Process Equipment, Inc. 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
484
Participants Below avg headcount
71st
Percentile by assets National rank
$36,887
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Processbarron 401(k) Plan · Sponsored by Process Equipment, Inc. · Alabama · Manufacturing

$18M in assets, 484 participants

Process Equipment, Inc.'s Processbarron 401(k) Plan reported $18M in total assets and 484 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • #11,186 in Manufacturing (18,722 peers)

Process Equipment, Inc. multi-year trail

Process Equipment, Inc.'s plans moved +49.7% in assets from 2022 to 2024; this filing shows Processbarron 401(k) Plan at $18M / 484 participants.

#11,186
in Manufacturing (18,722 peers)
+30.5%
assets growth YoY

Processbarron 401(k) Plan's outsized position by total assets

Processbarron 401(k) Plan vs every filed plan by assets

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

$17,853,339 Top 29% higher than 71% 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

Processbarron 401(k) 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. Processbarron 401(k) Plan sits mid-pack in the medium band (484 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Processbarron 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Processbarron 401(k) Plan end-of-year assets rose from $14M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Processbarron 401(k) Plan reported participants fell from 544 in the plan year 2022 filing to 484 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 630799730 · Process Equipment, Inc. PY 2023 · 401(k)

Processbarron 401(k) Plan · $18M · 484 · 71st

  • EIN $18M
  • EIN 484
  • EIN 71st
  • EIN 401(k)
  • EIN near Realself, Inc 401(k) Retirement Plan
  • EIN ind #11186

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 Alabama →

Processbarron 401(k) Plan in the asset neighbourhood

Stg Design Profit Sharing 401(k) PlanStg Design Profit Sharing 40…$18MProcessbarron 401(k) Plan$18MRealself, Inc 401(k) Retirement PlanRealself, Inc 401(k) Retirem…$18MTls Corporation 401(k) Plan$18MPalm Coast Data LLC 401(k) PlanPalm Coast Data LLC 401(k) P…$18M
End-of-year total assets ($M) among Processbarron 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Process Equipment, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Process Equipment, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$20M 49.65322920550077% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $13.7M $20.5M ▲ +49.7%
Year Plans Participants Total Assets
2022 1 544 $14M
2023 1 484 $18M
2024 1 433 $20M

Process Equipment, Inc. filing trail (2023)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$18M
Net Income$4M
Employer EIN630799730
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Alabama

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

Processbarron 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Processbarron 401(k) Plan, Total assets ($B): 0.017853339 · Participants: 484Processbarron 401(k) PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.854553916 · Participants: 20733Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.49327201 · Participants: 24565Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.479278219 · Participants: 4618Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.361024189 · Participants: 9487Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.090263356 · Participants: 0Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Processbarron 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Processbarron 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Realself, Inc 401(k) Retirement Plan in WA ($18M); by covered participants it is Verizon Savings and Security Plan for West Region Hourly Employees in NJ (484 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($18M here).

Similar participant headcount

Nearest other-state filings by covered participants (484 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 Processbarron 401(k) Plan assets move in 2023?
Processbarron 401(k) Plan surged - up 30.5% during 2023, from $14M to $18M. Reported net income was $4M.
How have Process Equipment, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Process Equipment, Inc.'s sponsor-wide assets grew 49.7%, from $14M to $20M.
Which 401(k) plans are similar in size to Processbarron 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Realself, Inc 401(k) Retirement Plan in WA ($18M, 117 participants).
Which 401(k) plans cover a similar participant headcount to Processbarron 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Verizon Savings and Security Plan for West Region Hourly Employees in NJ (484 participants, $301M in assets).