Defined Benefit (Pension) · DOL Form 5500 · 2022

Penn Engineering & Mfg. Corp. Pension Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
221
Participants Below avg headcount
74th
Percentile by assets National rank
$73,169
Avg per participant Below avg balance/head
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Official DOL plan name: Penn Engineering Pension Plan · Sponsored by Penn Engineering & Mfg. Corp. · Pennsylvania · Manufacturing

$16M in assets, 221 participants

Penn Engineering & Mfg. Corp.'s Penn Engineering Pension Plan reported $16M in total assets and 221 participants in its 2022 DOL Form 5500 filing, ranking in the 74th 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.

  • #13,097 in Manufacturing (20,602 peers)

Coverage in Pennsylvania

Penn Engineering Pension Plan covers 221 participants in Pennsylvania, about 27% of the average Pennsylvania filer (state average ~822 per filing). Assets: $16M.

#13,097
in Manufacturing (20,602 peers)
-21.6%
assets change YoY

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Penn Engineering Pension Plan's outsized position by total assets

Penn Engineering Pension Plan vs every filed plan by assets

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

$16,170,363 Top 26% higher than 74% 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

Penn Engineering Pension Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Penn Engineering Pension Plan sits mid-pack in the medium band (221 participants).

DOL schedule card

Filing strip 230951065 · Penn Engineering & Mfg. Corp. PY 2022 · Defined Benefit (Pension)

Penn Engineering Pension Plan · $16M · 221 · 74th

  • TYPE $16M
  • TYPE 221
  • TYPE 74th
  • TYPE Defined Benefit (Pension)
  • TYPE near Food Products Association Retirement Plan
  • TYPE ind #13097

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 Pennsylvania →

Penn Engineering Pension Plan in the asset neighbourhood

Gcc Rio Grande, Inc. Defined Benefit Pension PlanGcc Rio Grande, Inc. Defined…$16MFood Products Association Retirement PlanFood Products Association Re…$16MHenry Ford Medical Center Union Facilities Retirement Plan for Collectively Bargained EmployeesHenry Ford Medical Center Un…$16MLeistritz Advanced Technologies Corp. Retirement PlanLeistritz Advanced Technolog…$16MPenn Engineering Pension Plan$16M
End-of-year total assets ($M) among Penn Engineering Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$16M
Net Income-$4M
Employer EIN230951065
Plan Effective Date1962-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Penn Engineering & Mfg. Corp.)

Sponsor-wide plan assets over time

All Penn Engineering & Mfg. Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$183M 33.26547835398494% vs 2022
2024 filing year
$120M$140M$160M$180M$200M 202220232024 $138M $183M ▲ +33.3%
Year Plans Participants Total Assets
2022 2 987 $138M
2023 2 1,007 $172M
2024 2 1,092 $183M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Penn Engineering Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Penn Engineering Pension Plan, Total assets ($B): 0.016170363 · Participants: 221Penn Engineering Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 10.401485458 · Participants: 27097National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 5.908424468 · Participants: 52395Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.402519 · Participants: 63731The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.359207207 · Participants: 5314Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 4.968344232 · Participants: 8098The Bank of New York Mellon Corporation Pension Plan
Penn Engineering Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Penn Engineering Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Food Products Association Retirement Plan in VA ($16M); by covered participants it is Pnm Resources, Inc. Employees' Retirement Plan in NM (221 participants). Same-state nearby plans are listed separately above.

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 Penn Engineering Pension Plan assets move in 2022?
Penn Engineering Pension Plan declined sharply - down 21.6% during 2022, from $21M to $16M. Reported net income was -$4M.
How have Penn Engineering & Mfg. Corp. plan assets changed over time?
Across 3 plan years on file (2022-2024), Penn Engineering & Mfg. Corp.'s sponsor-wide assets grew 33.3%, from $138M to $183M.
Which Defined Benefit (Pension) plans are similar in size to Penn Engineering Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Food Products Association Retirement Plan in VA ($16M, 1 participant).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Penn Engineering Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pnm Resources, Inc. Employees' Retirement Plan in NM (221 participants, $411M in assets).