401(k) · DOL Form 5500 · 2022

Penetone Corporation 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
54
Participants Small participant base
72nd
Percentile by assets National rank
$265,795
Avg per participant High balance/head
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Official DOL plan name: Penetone/Petron Retirement Savings Plan · Sponsored by Penetone Corporation · New Jersey · Manufacturing

$14M in assets, 54 participants

Penetone Corporation's Penetone/Petron Retirement Savings Plan reported $14M in total assets and 54 participants in its 2022 DOL Form 5500 filing, ranking in the 72nd 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.

  • #12,567 in Manufacturing (20,602 peers)

2022 asset change

Penetone/Petron Retirement Savings Plan declined sharply 15.9% in 2022 ($17M → $14M) for 54 participants.

#12,567
in Manufacturing (20,602 peers)
-15.9%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Penetone/Petron Retirement Savings Plan's outsized position by total assets

Penetone/Petron Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$14,352,940 Top 28% higher than 72% of 139,123 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 2022

Penetone/Petron Retirement Savings Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Penetone/Petron Retirement Savings Plan is a small filing (54 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 222102790 · Penetone Corporation PY 2022 · 401(k)

Penetone/Petron Retirement Savings Plan · $14M · 54 · 72nd

  • SCH $14M
  • SCH 54
  • SCH 72nd
  • SCH 401(k)
  • SCH near Sendero 401(k) Retirement Plan
  • SCH ind #12567

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 New Jersey →

Penetone/Petron Retirement Savings Plan in the asset neighbourhood

Penetone/Petron Retirement Savings PlanPenetone/Petron Retirement S…$14MSendero 401(k) Retirement PlanSendero 401(k) Retirement Pl…$14MDecision Research Corporation$14MLil' Drug Store Products, Inc. 401(k) Profit Sharing PlanLil' Drug Store Products, In…$14MFetch 401(k) Plan$14M
End-of-year total assets ($M) among Penetone/Petron Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Penetone Corporation years around the 2022 move

Sponsor-wide plan assets over time

All Penetone Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$15M 2.075114924189748% vs 2022
2024 filing year
$14M$15M$16M$17M$18M 202220232024 $14.4M $14.7M ▲ +2.1%
Year Plans Participants Total Assets
2022 1 54 $14M
2023 1 52 $17M
2024 1 50 $15M

2022 asset-move particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$14M
Net Income-$3M
Employer EIN222102790
Plan Effective Date1983-05-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New Jersey

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

Penetone/Petron Retirement Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Penetone/Petron Retirement Savings Plan, Total assets ($B): 0.01435294 · Participants: 54Penetone/Petron Retirement Savings PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 36.787229834 · Participants: 168280JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 25.16607858 · Participants: 76788Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 21.189900271 · Participants: 43271Johnson and Johnson Savings PlanPfizer Savings Plan, Total assets ($B): 17.828820505 · Participants: 27796Pfizer Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 12.40459021 · Participants: 52975Ernst & Young Retirement Savings Plan
Penetone/Petron Retirement Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Penetone/Petron Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Sendero 401(k) Retirement Plan in TX ($14M); by covered participants it is Logix Inc 401(k) Profit Sharing Plan & Trust in MA (54 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($14M here).

Similar participant headcount

Nearest other-state filings by covered participants (54 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Penetone/Petron Retirement Savings Plan assets move in 2022?
Penetone/Petron Retirement Savings Plan declined sharply - down 15.9% during 2022, from $17M to $14M. Reported net income was -$3M.
How have Penetone Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Penetone Corporation's sponsor-wide assets grew 2.1%, from $14M to $15M.
Which 401(k) plans are similar in size to Penetone/Petron Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Sendero 401(k) Retirement Plan in TX ($14M, 191 participants).
Which 401(k) plans cover a similar participant headcount to Penetone/Petron Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Logix Inc 401(k) Profit Sharing Plan & Trust in MA (54 participants, $4M in assets).