Penn Engineering 401(K) Plan — Form 5500 plan (Penn Engineering & Manufacturing)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Penn Engineering 401(K) Plan is a benefit plan reported by Penn Engineering & Manufacturing under EIN 23-0951065 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,005 participants and $151,189,340 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Penn Engineering & Manufacturing
EIN
23-0951065
Plan number
002
Plan type
2
Location
Danboro, PA
Latest filing year
2023
Participants
1,005
End-of-year plan assets
$151,189,340

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,005H, C20241015085049NAL0014270659001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$151,189,340
Total liabilities (EOY)
$0
Net assets (EOY)
$151,189,340
Net assets (BOY)
$121,427,989

Income & contributions

Employer contributions
$4,115,311
Participant contributions
$5,548,678
Total contributions
$10,232,895
Total income / additions
$32,820,724

Expenses & distributions

Benefits paid
$8,284,714
Administrative expenses
$324,982
Total expenses
$8,634,804
Net increase / (decrease)
$24,185,920

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Voya Retirement Insurance & AnnuitySERVICE PROVIDER$212,860$02023
Resources Inv. Adv. Fct Stone StSERVICE PROVIDER$90,048$02023
Withum Smith BrownSERVICE PROVIDER$22,074$02023

Related Form 5500 pages