401(k) · DOL Form 5500 · 2024

Padagis, LLC 401(k) Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
450
Participants Below avg headcount
80th
Percentile by assets National rank
$81,366
Avg per participant Below avg balance/head
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Official DOL plan name: Padagis 401(k) Retirement Plan · Sponsored by Padagis, LLC · Michigan · Manufacturing

$37M in assets, 450 participants

Padagis, LLC's Padagis 401(k) Retirement Plan reported $37M in total assets and 450 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • #12,875 in Manufacturing (17,777 peers)

Where Padagis 401(k) Retirement Plan sits by assets

Padagis 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $37M for 450 participants (~$81,366/participant), up 27.9% in 2024.

#12,875
in Manufacturing (17,777 peers)
+27.9%
assets growth YoY
0.4×
vs typical plan assets (national mean)

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

Padagis 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$36,614,669 Top 20% higher than 80% of 123,620 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 2024

Padagis 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Padagis 401(k) Retirement Plan sits mid-pack in the medium band (450 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Padagis 401(k) Retirement Plan end-of-year assets rose from $29M in the plan year 2023 filing to $37M in the plan year 2024 filing.
  • Padagis 401(k) Retirement Plan reported net income fell from $9M in the plan year 2023 filing to $8M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 870887102 · Padagis, LLC PY 2024 · 401(k)

Padagis 401(k) Retirement Plan · $37M · 450 · 80th

  • ASSETS $37M
  • PCT 450
  • EIN 80th
  • RANK 401(k)
  • PHOTO near Security Lock Distributors, Inc. 401(k) Profit Sharing Plan and Trust
  • IND ind #12875

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 Michigan →

Padagis 401(k) Retirement Plan in the asset neighbourhood

Bti360 401(k) Plan$37MPadagis 401(k) Retirement PlanPadagis 401(k) Retirement Pl…$37MSecurity Lock Distributors, Inc. 401(k) Profit Sharing Plan and TrustSecurity Lock Distributors, …$37MArthritis Foundation Defined Contribution Retirement PlanArthritis Foundation Defined…$37MDannis Woliver Kelley Profit Sharing PlanDannis Woliver Kelley Profit…$37M
End-of-year total assets ($M) among Padagis 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$37M
Net Income$8M
Employer EIN870887102
Plan Effective Date2021-09-20
Filing StatusFILING RECEIVED

Sponsor Plan History (Padagis, LLC)

Sponsor-wide plan assets over time

All Padagis, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$37M 82.85535398974113% vs 2022
2024 filing year
$15M$20M$25M$30M$35M$40M 202220232024 $20M $36.6M ▲ +82.9%
Year Plans Participants Total Assets
2022 1 418 $20M
2023 1 447 $29M
2024 1 450 $37M

Nearby 401(k) Plans in Michigan

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

Padagis 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Padagis 401(k) Retirement Plan, Total assets ($B): 0.036614669 · Participants: 450Padagis 401(k) Retirement PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Padagis 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Padagis 401(k) Retirement Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is Security Lock Distributors, Inc. 401(k) Profit Sharing Plan and Trust in MA ($37M); by covered participants it is Kneaders 401(k) Retirement Plan in UT (450 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (450 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Padagis 401(k) Retirement Plan assets move in 2024? ▼
Padagis 401(k) Retirement Plan grew sharply - up 27.9% during 2024, from $29M to $37M. Reported net income was $8M.
How have Padagis, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Padagis, LLC's sponsor-wide assets grew 82.9%, from $20M to $37M.
Where does Padagis 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Padagis 401(k) Retirement Plan ranks in the 80th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Padagis 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Security Lock Distributors, Inc. 401(k) Profit Sharing Plan and Trust in MA ($37M, 270 participants).
Which 401(k) plans cover a similar participant headcount to Padagis 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kneaders 401(k) Retirement Plan in UT (450 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 870887102.

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.