401(k) · DOL Form 5500 · 2022

Penn Engineering Company 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
88
Participants Small participant base
55th
Percentile by assets National rank
$70,906
Avg per participant Below avg balance/head
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Official DOL plan name: Penn Automotive, Inc. 401(k) Plan · Sponsored by Penn Engineering Company · Michigan · Manufacturing

$6M in assets, 88 participants

Penn Engineering Company's Penn Automotive, Inc. 401(k) Plan reported $6M in total assets and 88 participants in its 2022 DOL Form 5500 filing, ranking in the 55th 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.

  • #8,251 in Manufacturing (20,602 peers)

2022 asset change

Penn Automotive, Inc. 401(k) Plan declined sharply 23.0% in 2022 ($8M → $6M) for 88 participants.

#8,251
in Manufacturing (20,602 peers)
-23.0%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Penn Automotive, Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Penn Automotive, Inc. 401(k) Plan vs every filed plan by assets

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

$6,239,719 Top 45% higher than 55% 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 Automotive, Inc. 401(k) 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. Penn Automotive, Inc. 401(k) Plan is a small filing (88 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 200890799 · Penn Engineering Company PY 2022 · 401(k)

Penn Automotive, Inc. 401(k) Plan · $6M · 88 · 55th

  • NET $6M
  • NET 88
  • NET 55th
  • NET 401(k)
  • NET near Paramount Supply Co. 401(k) Profit Sharing Plan & Trust
  • NET ind #8251

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 Michigan →

Penn Automotive, Inc. 401(k) Plan in the asset neighbourhood

Penn Automotive, Inc. 401(k) PlanPenn Automotive, Inc. 401(k)…$6MParamount Supply Co. 401(k) Profit Sharing Plan & TrustParamount Supply Co. 401(k) …$6MCentral Scott Telephone Company 401(k) Retirement Savings PlanCentral Scott Telephone Comp…$6MThe Cheviot Corporation 401(k) PlanThe Cheviot Corporation 401(…$6MOnin Group 401(k) Plan$6M
End-of-year total assets ($M) among Penn Automotive, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Penn Engineering Company years around the 2022 move

Sponsor-wide plan assets over time

All Penn Engineering Company plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2023 filing year
$0M$2M$4M$6M$8M 20222023 $6.24M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 88 $6M
2023 1 104 N/A

2022 asset-move particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$6M
Net Income-$2M
Employer EIN200890799
Plan Effective Date2004-09-11
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Penn Automotive, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Penn Automotive, Inc. 401(k) Plan, Total assets ($B): 0.006239719 · Participants: 88Penn Automotive, Inc. 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Penn Automotive, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Penn Automotive, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Paramount Supply Co. 401(k) Profit Sharing Plan & Trust in OR ($6M); by covered participants it is Nebraska Orthopaedic and Sports Medicine P. C. 401(k) Profit Sharing Plan in NE (88 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (88 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 Penn Automotive, Inc. 401(k) Plan assets move in 2022?
Penn Automotive, Inc. 401(k) Plan declined sharply - down 23.0% during 2022, from $8M to $6M. Reported net income was -$2M.
Which 401(k) plans are similar in size to Penn Automotive, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Paramount Supply Co. 401(k) Profit Sharing Plan & Trust in OR ($6M, 153 participants).
Which 401(k) plans cover a similar participant headcount to Penn Automotive, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Nebraska Orthopaedic and Sports Medicine P. C. 401(k) Profit Sharing Plan in NE (88 participants, N/A in assets).