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Original filing (PDF)20250929151243NAL0027098354001
PANEL PROCESSING, INC.
Form 5500
FILING_RECEIVED
PANEL PROCESSING, INC. 401(K) PLAN
401(k) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
163
Accounts w/ balance
188
Plan assets (EOY)
$5.9M
Net assets (EOY)
$5.9M
How this plan invests
This plan
15 pooled trusts
Schedule D
23 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
93
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
80
Vendor stack
80
Participation health
100
Knocking points off
- 70 bps in Schedule C fees — modestly above peer band of 52 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for PANEL PROCESSING, INC..
Plan sponsor
Name
PANEL PROCESSING, INC.
EIN
38-1946344
Address
1030 DEVERE DR. · ALPENA, MI · 49707
Phone
(989) 356-9007
Industry
Manufacturingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
004
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-09-29
Pension benefit codes
2A · Age/service weighted or new comparability
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
STRALEY LAMP & KRAENZLEIN, P.C.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsAdvisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CAPTRUST INVESTMENT ADVISORS | — | CLARKSTON, MI | INVESTMENT ADVISOR | $34K | — |
Other
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MILLIMAN, INC. | 91-0675641 | — | NONE | $7K | — |
| CHARLES SCHWAB & CO., INC. | 94-1737782 | — | NONE | $0 | — |
Investments
9 direct securities · 15 pooled funds· $5.9M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Common Collective Trust
$5.1M
15 holdings
Uncategorized
$716K
9 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| MODERATE MAP FREEDOM 401K CLASS GREAT GRAY TRUST · EIN 46-3768480 / PN 182 | Common Collective Trust | — | — | $1.4M | 24.2% | |
| GROWTH MAP FREEDOM 401K CLASS GREAT GRAY TRUST · EIN 46-3773972 / PN 183 | Common Collective Trust | — | — | $1.1M | 18.1% | |
| T. ROWE PRICE BLUE CHIP GRTH TR-T6 T. ROWE PRICE · EIN 80-0470272 / PN 004 | Common Collective Trust | — | — | $1.0M | 17.2% | |
| AGGRESSIVE MAP FREEDOM 401K CLASS GREAT GRAY TRUST · EIN 46-3787800 / PN 184 | Common Collective Trust | — | — | $625K | 10.6% | |
| PIMCO Income Institutional Fund | — | — | — | $393K | 6.7% | |
| CONSERVATIVE MAP FREEDOM 401K CL GREAT GRAY TRUST · EIN 46-3750663 / PN 181 | Common Collective Trust | — | — | $236K | 4.0% | |
| MFS MID CAP VALUE FUND CT GREAT GRAY TRUST · EIN 38-4139822 / PN 616 | Common Collective Trust | — | — | $189K | 3.2% | |
| RELIANCE TRST NY LIFE ANCHOR SER RELIANCE TRUST · EIN 46-6350416 / PN 001 | Common Collective Trust | — | — | $176K | 3.0% | |
| INCOME MANAGED AC PORT FREEDOM 401K GREAT GRAY TRUST · EIN 46-3745190 / PN 180 | Common Collective Trust | — | — | $160K | 2.7% | |
| Fidelity Investments American Beacon Small Cap Value R6 | — | — | — | $125K | 2.1% | |
| NT CIT S&P 500 INDEX DC NL T4 NORTHERN TRUST · EIN 45-6138589 / PN 247 | Common Collective Trust | — | — | $103K | 1.8% | |
| # Participants Loans Participant notes receivable - Interest rates at 4.25 - 9.50 percent - | — | — | — | $103K | 1.7% | |
| NT CIT EXTND MKT INDEX NL T4 NORTHERN TRUST · EIN 45-6138589 / PN 149 | Common Collective Trust | — | — | $87K | 1.5% | |
| MFS LARGE CAP VALUE CIT CLASS CT GREAT GRAY TRUST · EIN 38-7275332 / PN 781 | Common Collective Trust | — | — | $40K | 0.7% | |
| Vanguard Emerging Markets Index Admiral | — | — | — | $30K | 0.5% | |
| Principal Small Cap Growth Fund CL R6 | — | — | — | $30K | 0.5% | |
| Dodge & Cox Income | — | — | — | $21K | 0.3% | |
| NT CIT AGGREGATE BOND INDEX NL T4 NORTHERN TRUST · EIN 45-6138589 / PN 151 | Common Collective Trust | — | — | $12K | 0.2% | |
| Brandywine Global Opportunity Bond Fund | — | — | — | $10K | 0.2% | |
| GR GRAY EUROPACIFIC GWTH CT GREAT GRAY TRUST · EIN 38-7289843 / PN 001 | Common Collective Trust | — | — | $9K | 0.2% | |
| MFS MID CAP GROWTH FUND CT GREAT GRAY TRUST · EIN 38-4126294 / PN 597 | Common Collective Trust | — | — | $7K | 0.1% | |
| # Charles Schwab Government Money Fund | — | — | — | $4K | <0.1% | |
| Dodge & Cox International Stock Fund | — | — | — | $2K | <0.1% | |
| NT CIT ACWI EX-US IMI DC NL T4 NORTHERN TRUST · EIN 45-6138589 / PN 204 | Common Collective Trust | — | — | $150 | <0.1% |