Money Purchase · DOL Form 5500 · 2024
Pax Machine Works, Inc. Money Purchase Plan
Data updated 2026-08-25
- $28M
- Total assets Below avg plan size
- 188
- Participants Below avg headcount
- 76th
- Percentile by assets National rank
- $149,380
- Avg per participant Above avg balance/head
Official DOL plan name: Pax Machine Works, Inc. Pension Plan & Trust · Sponsored by Pax Machine Works, Inc. · Ohio · Manufacturing
$28M in assets, 188 participants
Pax Machine Works, Inc.'s Pax Machine Works, Inc. Pension Plan & Trust reported $28M in total assets and 188 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.
- #11,976 in Manufacturing (17,777 peers)
Coverage in Ohio
Pax Machine Works, Inc. Pension Plan & Trust covers 188 participants in Ohio, about 25% of the average Ohio filer (state average ~765 per filing). Assets: $28M.
- #11,976
- in Manufacturing (17,777 peers)
- -3.4%
- assets change YoY
- 0.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $983K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Pax Machine Works, Inc. Pension Plan & Trust's outsized position by total assets
Pax Machine Works, Inc. Pension Plan & Trust vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$28,083,353 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
Pax Machine Works, Inc. Pension 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. Pax Machine Works, Inc. Pension Plan & Trust sits mid-pack in the medium band (188 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Pax Machine Works, Inc. Pension Plan & Trust reported net income fell from $3M in the plan year 2023 filing to -$983K in the plan year 2024 filing.
- Pax Machine Works, Inc. Pension Plan & Trust reported participants fell from 203 in the plan year 2023 filing to 188 in the plan year 2024 filing.
- Pax Machine Works, Inc. Pension Plan & Trust end-of-year assets fell from $29M in the plan year 2023 filing to $28M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 340895186 · Pax Machine Works, Inc. PY 2024 · Money Purchase
Pax Machine Works, Inc. Pension Plan & Trust · $28M · 188 · 76th
- PART $28M
- PART 188
- PART 76th
- PART Money Purchase
- PART near Doctors Council Annuity Fund 2
- PART ind #11976
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 Ohio →
Pax Machine Works, Inc. Pension Plan & Trust in the asset neighbourhood
Ohio filing particulars
| Total Assets (Beginning of Year) | $29M |
|---|---|
| Net Assets (End of Year) | $28M |
| Net Income | -$983K |
| Employer EIN | 340895186 |
| Plan Effective Date | 1973-08-03 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Pax Machine Works, Inc.)
Sponsor-wide plan assets over time
All Pax Machine Works, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $58M 12.997699418609669% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 407 | $51M |
| 2023 | 2 | 402 | $58M |
| 2024 | 2 | 387 | $58M |
Nearby Money Purchase Plans in Ohio
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- The Sherwin-Williams Company Salaried Employees' Revised Pension Investment Plan $1.7B · 47,538
- The Cleveland Clinic Foundation Cash Balance Plan $1.6B · 4,957
- Iron Workers District Council of So Oh & Vicinity Annuity Trust $533M · 7,205
- University of Dayton Defined Contribution Retirement Plan $382M · 3,130
- Northwestern Ohio Plumbers and Pipefitters Retirement and Trust $376M · 2,118
Pax Machine Works, Inc. Pension Plan & Trust's out-of-state Money Purchase peers by assets and headcount
Outside Ohio, the nearest Money Purchase by assets is Doctors Council Annuity Fund 2 in NY ($28M); by covered participants it is Roofers Union Local 221 Annuity Plan in HI (188 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($28M here).
- Doctors Council Annuity Fund 2 (NY) $28M · 90
- Local 670 Annuity Fund (NY) $28M · 1,341
- Critical Care & Pulmonary Consultants, PC, Money Purchase Pension Plan (CO) $28M · 120
- Semmes, Bowen & Semmes Pension Plan (MD) $28M · 127
Similar participant headcount
Nearest other-state filings by covered participants (188 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.