401(k) · DOL Form 5500 · 2024

Process Equipment, Inc. 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
433
Participants Below avg headcount
71st
Percentile by assets National rank
$47,290
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Processbarron 401(k) Plan · Sponsored by Process Equipment, Inc. · Alabama · Manufacturing

$20M in assets, 433 participants

Process Equipment, Inc.'s Processbarron 401(k) Plan reported $20M in total assets and 433 participants in its 2024 DOL Form 5500 filing, ranking in the 71st 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.

  • #10,725 in Manufacturing (17,777 peers)

Process Equipment, Inc. multi-year trail

Process Equipment, Inc.'s plans moved +49.7% in assets from 2022 to 2024; this filing shows Processbarron 401(k) Plan at $20M / 433 participants.

#10,725
in Manufacturing (17,777 peers)
+14.7%
assets growth YoY

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

Processbarron 401(k) Plan vs every filed plan by assets

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

$20,476,556 Top 29% higher than 71% 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

Processbarron 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. Processbarron 401(k) Plan sits mid-pack in the medium band (433 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Processbarron 401(k) Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Processbarron 401(k) Plan end-of-year assets rose from $18M in the plan year 2023 filing to $20M in the plan year 2024 filing.
  • Processbarron 401(k) Plan reported participants fell from 484 in the plan year 2023 filing to 433 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 630799730 · Process Equipment, Inc. PY 2024 · 401(k)

Processbarron 401(k) Plan · $20M · 433 · 71st

  • EOY $20M
  • EOY 433
  • EOY 71st
  • EOY 401(k)
  • EOY near Gradient Financial Group LLC 401(k) Profit Sharing Plan and Trust
  • EOY ind #10725

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 Alabama →

Processbarron 401(k) Plan in the asset neighbourhood

Processbarron 401(k) Plan$20MGradient Financial Group LLC 401(k) Profit Sharing Plan and TrustGradient Financial Group LLC…$20MTipalti 401(k) Plan$20MTilden Park Capital Management LP 401(k) and Profit Sharing PlanTilden Park Capital Manageme…$20MNexthink, Inc. Retirement Savings PlanNexthink, Inc. Retirement Sa…$20M
End-of-year total assets ($M) among Processbarron 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Process Equipment, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Process Equipment, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$20M 49.65322920550077% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $13.7M $20.5M ▲ +49.7%
Year Plans Participants Total Assets
2022 1 544 $14M
2023 1 484 $18M
2024 1 433 $20M

Process Equipment, Inc. filing trail (2024)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$20M
Net Income$3M
Employer EIN630799730
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Alabama

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

Processbarron 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants Processbarron 401(k) Plan, Total assets ($B): 0.020476556 · Participants: 433Processbarron 401(k) PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 3.197489981 · Participants: 20783Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.722944967 · Participants: 29454Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.651353194 · Participants: 4638Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.472398962 · Participants: 8628Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.234118844 · Participants: 6167Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Processbarron 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Processbarron 401(k) Plan side-by-side with 3 peers →

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

Outside Alabama, the nearest 401(k) by assets is Gradient Financial Group LLC 401(k) Profit Sharing Plan and Trust in MN ($20M); by covered participants it is The Bmw Management, Inc. Employee 401(k) Plan in CA (433 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (433 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 Processbarron 401(k) Plan assets move in 2024? ▼
Processbarron 401(k) Plan grew at a solid clip - up 14.7% during 2024, from $18M to $20M. Reported net income was $3M.
How have Process Equipment, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Process Equipment, Inc.'s sponsor-wide assets grew 49.7%, from $14M to $20M.
Which 401(k) plans are similar in size to Processbarron 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Gradient Financial Group LLC 401(k) Profit Sharing Plan and Trust in MN ($20M, 318 participants).
Which 401(k) plans cover a similar participant headcount to Processbarron 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Bmw Management, Inc. Employee 401(k) Plan in CA (433 participants, $473K 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 630799730.

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.