401(k) · DOL Form 5500 · 2024

Palmer Mfg & Tank Inc 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
149
Participants Small participant base
41st
Percentile by assets National rank
$31,486
Avg per participant Low balance/head
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Official DOL plan name: Palmer Mfg & Tank Inc 401(k) Profit Sharing Plan & Trust · Sponsored by Palmer Mfg & Tank Inc · Kansas · Mining & Oil Extraction

$5M in assets, 149 participants

Palmer Mfg & Tank Inc's Palmer Mfg & Tank Inc 401(k) Profit Sharing Plan & Trust reported $5M in total assets and 149 participants in its 2024 DOL Form 5500 filing, ranking in the 41st 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.

  • #161 in Mining & Oil Extraction (785 peers)

Coverage in Kansas

Palmer Mfg & Tank Inc 401(k) Profit Sharing Plan & Trust covers 149 participants in Kansas, about 41% of the average Kansas filer (state average ~360 per filing). Assets: $5M.

#161
in Mining & Oil Extraction (785 peers)
+16.3%
assets growth YoY

Palmer Mfg & Tank Inc 401(k) Profit Sharing Plan & Trust's mid-pack asset rank among Mining & Oil Extraction and all filers

Palmer Mfg & Tank Inc 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$4,691,474 41st percentile higher than 41% 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

Palmer Mfg & Tank Inc 401(k) Profit Sharing Plan & Trust 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. Palmer Mfg & Tank Inc 401(k) Profit Sharing Plan & Trust sits mid-pack in the medium band (149 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Palmer Mfg & Tank Inc 401(k) Profit Sharing Plan & Trust reported net income fell from $826K in the plan year 2023 filing to $656K in the plan year 2024 filing.
  • Palmer Mfg & Tank Inc 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Palmer Mfg & Tank Inc 401(k) Profit Sharing Plan & Trust reported participants rose from 145 in the plan year 2023 filing to 149 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 364902216 · Palmer Mfg & Tank Inc PY 2024 · 401(k)

Palmer Mfg & Tank Inc 401(k) Profit Sharing Plan & Trust · $5M · 149 · 41st

  • IND $5M
  • IND 149
  • IND 41st
  • IND 401(k)
  • IND near The Peggs Company, Inc. 401(k) Profit Sharing Plan
  • IND ind #161

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 Mining & Oil Extraction retirement plans → · Plans in Kansas →

Palmer Mfg & Tank Inc 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Palmer Mfg & Tank Inc 401(k) Profit Sharing Plan & TrustPalmer Mfg & Tank Inc 401(k)…$5MThe Peggs Company, Inc. 401(k) Profit Sharing PlanThe Peggs Company, Inc. 401(…$5MMont Eagle Mills, Inc. Profit Sharing Plan and TrustMont Eagle Mills, Inc. Profi…$5MIntegrity Staffing Solutions 401(k) Retirement PlanIntegrity Staffing Solutions…$5MSchmidt Kramer PC Retirement PlanSchmidt Kramer PC Retirement…$5M
End-of-year total assets ($M) among Palmer Mfg & Tank Inc 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Kansas filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$656K
Employer EIN364902216
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Palmer Mfg & Tank Inc)

Sponsor-wide plan assets over time

All Palmer Mfg & Tank Inc plans reported in each filing year

Latest sponsor-wide plan assets
$5M 46.18052764249681% vs 2022
2024 filing year
$3M$3.5M$4M$4.5M$5M 202220232024 $3.21M $4.69M ▲ +46.1%
Year Plans Participants Total Assets
2022 1 140 $3M
2023 1 145 $4M
2024 1 149 $5M

Nearby 401(k) Plans in Kansas

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

Palmer Mfg & Tank Inc 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Kansas, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -1012345 Total assets ($B) Participants Palmer Mfg & Tank Inc 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.004691474 · Participants: 149Palmer Mfg & Tank Inc 401(k) Profit Sharing Plan & TrustKoch Employees' Savings Plan, Total assets ($B): 4.337744163 · Participants: 11423Koch Employees' Savings PlanPerformance Contracting Group, Inc. ESOP/401(k) Plan, Total assets ($B): 3.582245863 · Participants: 1315Performance Contracting Group, Inc. ESOP/401(k) PlanBlack & Veatch Retirement Program, Total assets ($B): 3.040446983 · Participants: 7438Black & Veatch Retirement ProgramGarmin International, Inc. Retirement Plan, Total assets ($B): 2.173466604 · Participants: 7082Garmin International, Inc. Retirement PlanSpirit Aerosystems Holdings, Inc. Retirement & Savings Plan, Total assets ($B): 1.224530411 · Participants: 7736Spirit Aerosystems Holdings, Inc. Retirement & Savings Plan
Palmer Mfg & Tank Inc 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in Kansas, assets vs. participants

Palmer Mfg & Tank Inc 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside Kansas, the nearest 401(k) by assets is The Peggs Company, Inc. 401(k) Profit Sharing Plan in CA ($5M); by covered participants it is Tier1 Integrity, LLC 401(k) Plan in TX (149 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (149 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 Palmer Mfg & Tank Inc 401(k) Profit Sharing Plan & Trust assets move in 2024?
Palmer Mfg & Tank Inc 401(k) Profit Sharing Plan & Trust grew sharply - up 16.3% during 2024, from $4M to $5M. Reported net income was $656K.
How have Palmer Mfg & Tank Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Palmer Mfg & Tank Inc's sponsor-wide assets grew 46.2%, from $3M to $5M.
Which 401(k) plans are similar in size to Palmer Mfg & Tank Inc 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by assets is The Peggs Company, Inc. 401(k) Profit Sharing Plan in CA ($5M, 352 participants).
Which 401(k) plans cover a similar participant headcount to Palmer Mfg & Tank Inc 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Tier1 Integrity, LLC 401(k) Plan in TX (149 participants, $646K in assets).