ESOP · DOL Form 5500 · 2024
Peerless Machine & Tool Corporation ESOP
Data updated 2026-08-25
- $28M
- Total assets Below avg plan size
- 51
- Participants Small participant base
- 76th
- Percentile by assets National rank
- $547,868
- Avg per participant High balance/head
Official DOL plan name: Peerless Machine and Tool Corporation Employee Stock Ownership Plan · Sponsored by Peerless Machine & Tool Corporation · Indiana · Manufacturing
$28M in assets, 51 participants
Peerless Machine & Tool Corporation's Peerless Machine and Tool Corporation Employee Stock Ownership Plan reported $28M in total assets and 51 participants in its 2024 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.
- #11,956 in Manufacturing (17,777 peers)
Where Peerless Machine and Tool Corporation Employee Stock Ownership Plan sits by assets
Peerless Machine and Tool Corporation Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $28M for 51 participants (~$547,868/participant), down 6.2% in 2024.
- #11,956
- in Manufacturing (17,777 peers)
- -6.2%
- assets change YoY
- 0.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Peerless Machine and Tool Corporation Employee Stock Ownership Plan's outsized position by total assets
Peerless Machine and Tool Corporation Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$27,941,246 Top 24% higher than 76% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Peerless Machine and Tool Corporation Employee Stock Ownership Plan among smaller filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Peerless Machine and Tool Corporation Employee Stock Ownership Plan is a small filing (51 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Peerless Machine and Tool Corporation Employee Stock Ownership Plan reported net income fell from $2M in the plan year 2023 filing to -$1M in the plan year 2024 filing.
- Peerless Machine and Tool Corporation Employee Stock Ownership Plan end-of-year assets fell from $30M in the plan year 2023 filing to $28M in the plan year 2024 filing.
- Peerless Machine and Tool Corporation Employee Stock Ownership Plan reported participants rose from 50 in the plan year 2023 filing to 51 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 350572500 · Peerless Machine & Tool Corporation PY 2024 · ESOP
Peerless Machine and Tool Corporation Employee Stock Ownership Plan · $28M · 51 · 76th
- BOY $28M
- SCH 51
- EBSA 76th
- PART ESOP
- TYPE near First National Bank of Bemidji Employee Stock Ownership Plan and Trust
- NET ind #11956
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? → · Plans in Indiana →
Peerless Machine and Tool Corporation Employee Stock Ownership Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $30M |
|---|---|
| Net Assets (End of Year) | $15M |
| Net Income | -$1M |
| Employer EIN | 350572500 |
| Plan Effective Date | 2017-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Peerless Machine & Tool Corporation)
Sponsor-wide plan assets over time
All Peerless Machine & Tool Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $28M 1.6341902054342046% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 52 | $28M |
| 2023 | 1 | 50 | $30M |
| 2024 | 1 | 51 | $28M |
Nearby ESOP Plans in Indiana
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Jasper Holdings, Inc Employee Stock Ownership Plan and Trust $2.2B · 4,295
- Urschel Laboratories Employee Stock Ownership Plan $432M · 509
- Nibco Inc. Employee Stock Ownership Plan $377M · 1,370
- Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan $170M · 622
- Ermco, Inc. Employee Stock Ownership Plan $151M · 123
Peerless Machine and Tool Corporation Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Indiana, the nearest ESOP by assets is First National Bank of Bemidji Employee Stock Ownership Plan and Trust in MN ($28M); by covered participants it is Campbell Company Employee Stock Ownership Plan & Trust in ID (51 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($28M here).
- First National Bank of Bemidji Employee Stock Ownership Plan and Trust (MN) $28M · 93
- Steel Encounters, Inc. Employee Stock Ownership Plan (UT) $28M · 228
- Rotochopper, Inc. First Restated Employee Stock Ownership Plan and Trust (MN) $28M · 108
- Baker Engineering and Risk Consultants, Inc. Employee Stock Ownership Plan (TX) $28M · 132
Similar participant headcount
Nearest other-state filings by covered participants (51 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.