401(k) · DOL Form 5500 · 2024
Louis Padnos Iron & Metal Company 401(k) Plan
Data updated 2026-08-25
- $103M
- Total assets Near avg plan size
- 884
- Participants Near avg headcount
- 91st
- Percentile by assets National rank
- $116,533
- Avg per participant Below avg balance/head
Official DOL plan name: Louis Padnos Iron & Metal Company Savings and Retirement Plan · Sponsored by Louis Padnos Iron & Metal Company · Michigan · Wholesale Trade
$103M in assets, 884 participants
Louis Padnos Iron & Metal Company's Louis Padnos Iron & Metal Company Savings and Retirement Plan reported $103M in total assets and 884 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.
- #5,624 in Wholesale Trade (6,080 peers)
Where Louis Padnos Iron & Metal Company Savings and Retirement Plan sits by assets
Louis Padnos Iron & Metal Company Savings and Retirement Plan sits in the top 10% of all filed plans by assets, $103M for 884 participants (~$116,533/participant), up 8.5% in 2024.
- #5,624
- in Wholesale Trade (6,080 peers)
- +8.5%
- assets growth YoY
- 1.0×
- vs typical plan assets (national mean)
Louis Padnos Iron & Metal Company Savings and Retirement Plan's outsized position by total assets
Louis Padnos Iron & Metal Company Savings and Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$103,015,258 Top 9% higher than 91% 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
Louis Padnos Iron & Metal Company Savings and 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. Louis Padnos Iron & Metal Company Savings and Retirement Plan sits mid-pack in the medium band (884 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Louis Padnos Iron & Metal Company Savings and Retirement Plan reported net income fell from $12M in the plan year 2023 filing to $8M in the plan year 2024 filing.
- Louis Padnos Iron & Metal Company Savings and Retirement Plan end-of-year assets rose from $95M in the plan year 2023 filing to $103M in the plan year 2024 filing.
- Louis Padnos Iron & Metal Company Savings and Retirement Plan reported participants rose from 854 in the plan year 2023 filing to 884 in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 381283690 · Louis Padnos Iron & Metal Company PY 2024 · 401(k)
Louis Padnos Iron & Metal Company Savings and Retirement Plan · $103M · 884 · 91st
- BOOK $103M
- BOOK 884
- BOOK 91st
- BOOK 401(k)
- BOOK near Enstar Natural Gas Company, LLC 401(k) Plan
- BOOK ind #5624
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 Wholesale Trade retirement plans → · Plans in Michigan →
Louis Padnos Iron & Metal Company Savings and Retirement Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $95M |
|---|---|
| Net Assets (End of Year) | $103M |
| Net Income | $8M |
| Employer EIN | 381283690 |
| Plan Effective Date | 1953-06-30 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Louis Padnos Iron & Metal Company)
Sponsor-wide plan assets over time
All Louis Padnos Iron & Metal Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $103M 24.603606638520986% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 700 | $83M |
| 2023 | 1 | 854 | $95M |
| 2024 | 1 | 884 | $103M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $23.1B · 43,053
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
- The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497
Louis Padnos Iron & Metal Company Savings and Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Enstar Natural Gas Company, LLC 401(k) Plan in AK ($103M); by covered participants it is The Holt Retirement Plan in CA (884 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($103M here).
Similar participant headcount
Nearest other-state filings by covered participants (884 participants); asset peers above are excluded.
- The Holt Retirement Plan (CA) 884 · 0 off
- Edge Fitness, LLC 401(k) Plan (CT) 884 · 0 off
- Radio Systems Corporation Retirement Savings Plan (TN) 884 · 0 off
- Sunrise Coal, LLC 401(k) Profit Sharing Plan (IN) 884 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.