ESOP · DOL Form 5500 · 2024
Panelmatic, Inc. Employee Stock Ownership Plan ESOP
Data updated 2026-08-25
- $12M
- Total assets Small plan by assets
- 230
- Participants Below avg headcount
- 59th
- Percentile by assets National rank
- $50,811
- Avg per participant Low balance/head
Official DOL plan name: Panelmatic, Inc. Employee Stock Ownership Plan · Sponsored by Panelmatic, Inc. Employee Stock Ownership Plan · · Manufacturing
$12M in assets, 230 participants
Panelmatic, Inc. Employee Stock Ownership Plan's Panelmatic, Inc. Employee Stock Ownership Plan reported $12M in total assets and 230 participants in its 2024 DOL Form 5500 filing, ranking in the 59th 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.
- #8,129 in Manufacturing (17,777 peers)
Panelmatic, Inc. Employee Stock Ownership Plan multi-year trail
Panelmatic, Inc. Employee Stock Ownership Plan's plans moved -38.8% in assets from 2022 to 2024; this filing shows Panelmatic, Inc. Employee Stock Ownership Plan at $12M / 230 participants.
- #8,129
- in Manufacturing (17,777 peers)
- -52.3%
- assets change YoY
The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Panelmatic, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers
Panelmatic, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$11,686,521 Top 41% higher than 59% 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
Panelmatic, Inc. Employee Stock Ownership 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. Panelmatic, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (230 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Panelmatic, Inc. Employee Stock Ownership Plan reported net income fell from $7M in the plan year 2023 filing to -$5M in the plan year 2024 filing.
- Panelmatic, Inc. Employee Stock Ownership Plan reported participants rose from 150 in the plan year 2023 filing to 230 in the plan year 2024 filing.
- Panelmatic, Inc. Employee Stock Ownership Plan end-of-year assets fell from $24M in the plan year 2023 filing to $12M in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 340817614 · Panelmatic, Inc. Employee Stock Ownership Plan PY 2024 · ESOP
Panelmatic, Inc. Employee Stock Ownership Plan · $12M · 230 · 59th
- EOY $12M
- EOY 230
- EOY 59th
- EOY ESOP
- EOY near Blt Communications, LLC Employee Stock Ownership Plan
- EOY ind #8129
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 What is an ESOP? →
Panelmatic, Inc. Employee Stock Ownership Plan in the asset neighbourhood
Panelmatic, Inc. Employee Stock Ownership Plan multi-year asset trail
Sponsor-wide plan assets over time
All Panelmatic, Inc. Employee Stock Ownership Plan plans reported in each filing year
- Latest sponsor-wide plan assets
- $12M 38.76533660560363% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 236 | $19M |
| 2023 | 1 | 150 | $24M |
| 2024 | 1 | 230 | $12M |
Panelmatic, Inc. Employee Stock Ownership Plan filing trail (2024)
| Total Assets (Beginning of Year) | $24M |
|---|---|
| Net Assets (End of Year) | $12M |
| Net Income | -$5M |
| Employer EIN | 340817614 |
| Plan Effective Date | 1989-10-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Letner Roofing Company Employee Stock Ownership Plan $141M · 71
- Godshall's Quality Meats Employee Stock Ownership Plan $78M · 273
- Onin Holdings, Inc. Employee Stock Ownership Plan $42M · 422
- Papich Construction Company, Inc. Employee Stock Ownership Plan $34M · 85
- Hc Employee Stock Ownership Plan $26M · 430
Panelmatic, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside this state, the nearest ESOP by assets is Blt Communications, LLC Employee Stock Ownership Plan in CA ($12M); by covered participants it is Mission Bell Mfg, Inc. Employee Stock Ownership Plan in CA (230 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($12M here).
- Blt Communications, LLC Employee Stock Ownership Plan (CA) $12M · 138
- Stockwell Elastomerics Perpetuity Employee Stock Ownership Plan (PA) $12M · 102
- Mechworks Mechanical Contractors Inc Employee Stock Ownership Plan (NC) $12M · 83
- Fairway Landscape & Irrigation, Inc. Employee Stock Ownership Plan (CA) $12M · 60
Similar participant headcount
Nearest other-state filings by covered participants (230 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.