401(k) · DOL Form 5500 · 2023

Pauls Machine & Welding Corp. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
62
Participants Small participant base
48th
Percentile by assets National rank
$99,558
Avg per participant Below avg balance/head
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Official DOL plan name: Paul's Machine & Welding Corp. 401(k) Plan · Sponsored by Pauls Machine & Welding Corp. · Illinois · Manufacturing

$6M in assets, 62 participants

Pauls Machine & Welding Corp.'s Paul's Machine & Welding Corp. 401(k) Plan reported $6M in total assets and 62 participants in its 2023 DOL Form 5500 filing, ranking in the 48th 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.

  • #6,048 in Manufacturing (18,722 peers)

Pauls Machine & Welding Corp. multi-year trail

Pauls Machine & Welding Corp.'s plans moved +52.7% in assets from 2022 to 2024; this filing shows Paul's Machine & Welding Corp. 401(k) Plan at $6M / 62 participants.

#6,048
in Manufacturing (18,722 peers)
+33.5%
assets growth YoY

Paul's Machine & Welding Corp. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Paul's Machine & Welding Corp. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$6,172,586 48th percentile higher than 48% of 127,068 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 2023

Paul's Machine & Welding Corp. 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Paul's Machine & Welding Corp. 401(k) Plan is a small filing (62 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Paul's Machine & Welding Corp. 401(k) Plan reported net income rose from $665K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Paul's Machine & Welding Corp. 401(k) Plan end-of-year assets rose from $5M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Paul's Machine & Welding Corp. 401(k) Plan reported participants rose from 57 in the plan year 2022 filing to 62 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 370891392 · Pauls Machine & Welding Corp. PY 2023 · 401(k)

Paul's Machine & Welding Corp. 401(k) Plan · $6M · 62 · 48th

  • NET $6M
  • NET 62
  • NET 48th
  • NET 401(k)
  • NET near Mission Pools of Escondido 401(k) Plan
  • NET ind #6048

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 Illinois →

Paul's Machine & Welding Corp. 401(k) Plan in the asset neighbourhood

Paul's Machine & Welding Corp. 401(k) PlanPaul's Machine & Welding Cor…$6MMission Pools of Escondido 401(k) PlanMission Pools of Escondido 4…$6MTattnall Square Academy Retirement PlanTattnall Square Academy Reti…$6MHydromax USA, L.L.C. 401(k) Profit Sharing PlanHydromax USA, L.L.C. 401(k) …$6MGreat White Shark Enterprises 401(k) Profit Sharing PlanGreat White Shark Enterprise…$6M
End-of-year total assets ($M) among Paul's Machine & Welding Corp. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pauls Machine & Welding Corp. multi-year asset trail

Sponsor-wide plan assets over time

All Pauls Machine & Welding Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 52.695624291968876% vs 2022
2024 filing year
$4M$5M$6M$7M$8M 202220232024 $4.62M $7.06M ▲ +52.8%
Year Plans Participants Total Assets
2022 1 57 $5M
2023 1 62 $6M
2024 1 71 $7M

Pauls Machine & Welding Corp. filing trail (2023)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$2M
Employer EIN370891392
Plan Effective Date1986-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Illinois

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

Paul's Machine & Welding Corp. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Paul's Machine & Welding Corp. 401(k) Plan, Total assets ($B): 0.006172586 · Participants: 62Paul's Machine & Welding Corp. 401(k) PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Paul's Machine & Welding Corp. 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Paul's Machine & Welding Corp. 401(k) Plan side-by-side with 3 peers →

Paul's Machine & Welding Corp. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Mission Pools of Escondido 401(k) Plan in CA ($6M); by covered participants it is Gemtech Industries, Inc. 401(k) Plan in CA (62 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (62 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Paul's Machine & Welding Corp. 401(k) Plan assets move in 2023? ▼
Paul's Machine & Welding Corp. 401(k) Plan surged - up 33.5% during 2023, from $5M to $6M. Reported net income was $2M.
How have Pauls Machine & Welding Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Pauls Machine & Welding Corp.'s sponsor-wide assets grew 52.7%, from $5M to $7M.
Which 401(k) plans are similar in size to Paul's Machine & Welding Corp. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mission Pools of Escondido 401(k) Plan in CA ($6M, 98 participants).
Which 401(k) plans cover a similar participant headcount to Paul's Machine & Welding Corp. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gemtech Industries, Inc. 401(k) Plan in CA (62 participants, $800K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 370891392.

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.