401(k) · DOL Form 5500 · 2024

Panel Processing, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
173
Participants Small participant base
45th
Percentile by assets National rank
$34,012
Avg per participant Low balance/head
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Official DOL plan name: Panel Processing, Inc. 401(k) Plan · Sponsored by Panel Processing, Inc. · Michigan · Manufacturing

$6M in assets, 173 participants

Panel Processing, Inc.'s Panel Processing, Inc. 401(k) Plan reported $6M in total assets and 173 participants in its 2024 DOL Form 5500 filing, ranking in the 45th 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.

  • #5,042 in Manufacturing (17,777 peers)

Coverage in Michigan

Panel Processing, Inc. 401(k) Plan covers 173 participants in Michigan, about 27% of the average Michigan filer (state average ~638 per filing). Assets: $6M.

#5,042
in Manufacturing (17,777 peers)
-2.6%
assets change YoY

The plan reported a net loss of $159K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Panel Processing, Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Panel Processing, Inc. 401(k) Plan vs every filed plan by assets

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

$5,884,031 45th percentile higher than 45% 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

Panel Processing, Inc. 401(k) 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. Panel Processing, Inc. 401(k) Plan sits mid-pack in the medium band (173 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Panel Processing, Inc. 401(k) Plan reported net income fell from $359K in the plan year 2023 filing to -$159K in the plan year 2024 filing.
  • Panel Processing, Inc. 401(k) Plan reported participants fell from 187 in the plan year 2023 filing to 173 in the plan year 2024 filing.
  • Panel Processing, Inc. 401(k) Plan end-of-year assets fell from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 381946344 · Panel Processing, Inc. PY 2024 · 401(k)

Panel Processing, Inc. 401(k) Plan · $6M · 173 · 45th

  • EBSA $6M
  • EBSA 173
  • EBSA 45th
  • EBSA 401(k)
  • EBSA near Tate Andale, LLC Retirement Savings Plan
  • EBSA ind #5042

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 →

Panel Processing, Inc. 401(k) Plan in the asset neighbourhood

Panel Processing, Inc. 401(k) PlanPanel Processing, Inc. 401(k…$6MTate Andale, LLC Retirement Savings PlanTate Andale, LLC Retirement …$6MJ.M. Fahey Construction Company 401(k) PlanJ.M. Fahey Construction Comp…$6MNational Arbitration & Mediation LLC 401(k) PlanNational Arbitration & Media…$6MCamp Roofing, Ltd. 401(k) Profit Sharing PlanCamp Roofing, Ltd. 401(k) Pr…$6M
End-of-year total assets ($M) among Panel Processing, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income-$159K
Employer EIN381946344
Plan Effective Date2002-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Panel Processing, Inc.)

Sponsor-wide plan assets over time

All Panel Processing, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 25.35021116246775% vs 2022
2024 filing year
$14M$16M$18M$20M$22M 202220232024 $20.6M $15.4M ▼ -25.4%
Year Plans Participants Total Assets
2022 2 332 $21M
2023 2 350 $19M
2024 2 332 $15M

Nearby 401(k) Plans in Michigan

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

Panel Processing, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Panel Processing, Inc. 401(k) Plan, Total assets ($B): 0.005884031 · Participants: 173Panel Processing, Inc. 401(k) 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
Panel Processing, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Panel Processing, Inc. 401(k) Plan side-by-side with 3 peers →

Panel Processing, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Tate Andale, LLC Retirement Savings Plan in MD ($6M); by covered participants it is Gray & Skyler Electric Companies 401(k) Plan in CA (173 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (173 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 Panel Processing, Inc. 401(k) Plan assets move in 2024? ▼
Panel Processing, Inc. 401(k) Plan edged down modestly - down 2.6% during 2024, from $6M to $6M. Reported net income was -$159K.
How have Panel Processing, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Panel Processing, Inc.'s sponsor-wide assets declined 25.4%, from $21M to $15M.
Which 401(k) plans are similar in size to Panel Processing, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tate Andale, LLC Retirement Savings Plan in MD ($6M, 26 participants).
Which 401(k) plans cover a similar participant headcount to Panel Processing, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gray & Skyler Electric Companies 401(k) Plan in CA (173 participants, $8M 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 381946344.

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.