401(k) · DOL Form 5500 · 2022

Penn a Kem LLC 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
157
Participants Small participant base
79th
Percentile by assets National rank
$148,519
Avg per participant Above avg balance/head
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Official DOL plan name: Pennakem Employees' Savings Plan · Sponsored by Penn a Kem LLC · Tennessee · Manufacturing

$23M in assets, 157 participants

Penn a Kem LLC's Pennakem Employees' Savings Plan reported $23M in total assets and 157 participants in its 2022 DOL Form 5500 filing, ranking in the 79th 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.

  • #14,635 in Manufacturing (20,602 peers)

Coverage in Tennessee

Pennakem Employees' Savings Plan covers 157 participants in Tennessee, about 14% of the average Tennessee filer (state average ~1,126 per filing). Assets: $23M.

#14,635
in Manufacturing (20,602 peers)
-21.3%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pennakem Employees' Savings Plan's outsized position by total assets

Pennakem Employees' Savings Plan vs every filed plan by assets

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

$23,317,484 Top 21% higher than 79% 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

Pennakem Employees' Savings 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. Pennakem Employees' Savings Plan sits mid-pack in the medium band (157 participants).

Plan-year Form 5500 strip

Filing strip 262770135 · Penn a Kem LLC PY 2022 · 401(k)

Pennakem Employees' Savings Plan · $23M · 157 · 79th

  • VS-ST $23M
  • BOY 157
  • SCH 79th
  • EBSA 401(k)
  • PART near Arc Excess & Surplus, LLC 401(k) Plan
  • TYPE ind #14635

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 Tennessee →

Pennakem Employees' Savings Plan in the asset neighbourhood

Pennakem Employees' Savings PlanPennakem Employees' Savings …$23MOwner-Operator Services, Inc. 401(k)/Profit Sharing Retirement PlanOwner-Operator Services, Inc…$23MArc Excess & Surplus, LLC 401(k) PlanArc Excess & Surplus, LLC 40…$23MUno Restaurant Corporation 401(k) Savings PlanUno Restaurant Corporation 4…$23MSouthwestern Industries, Inc. 401(k) PlanSouthwestern Industries, Inc…$23M
End-of-year total assets ($M) among Pennakem Employees' Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Tennessee filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$23M
Net Income-$5M
Employer EIN262770135
Plan Effective Date2008-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Penn a Kem LLC)

Sponsor-wide plan assets over time

All Penn a Kem LLC plans reported in each filing year

Latest sponsor-wide plan assets
$25M 7.097279449189287% vs 2022
2024 filing year
$22M$23M$24M$25M$26M 202220232024 $23.3M $25M ▲ +7.1%
Year Plans Participants Total Assets
2022 1 157 $23M
2023 1 160 $22M
2024 1 166 $25M

Nearby 401(k) Plans in Tennessee

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

Pennakem Employees' Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Pennakem Employees' Savings Plan, Total assets ($B): 0.023317484 · Participants: 157Pennakem Employees' Savings PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 21.031401128 · Participants: 220835Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 18.669830548 · Participants: 280576Hca 401(k) PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.178827147 · Participants: 11839International Paper Company Salaried Savings PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.035859621 · Participants: 5305Federal Express Corporation Pilots Retirement Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.015461486 · Participants: 62485Chs/Community Health Systems, Inc. Retirement Savings Plan
Pennakem Employees' Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Pennakem Employees' Savings Plan side-by-side with 3 peers →

Pennakem Employees' Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Arc Excess & Surplus, LLC 401(k) Plan in NY ($23M); by covered participants it is We Transport Inc. Salaried 401(k) Plan in NY (157 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (157 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 Pennakem Employees' Savings Plan assets move in 2022? ▼
Pennakem Employees' Savings Plan declined sharply - down 21.3% during 2022, from $30M to $23M. Reported net income was -$5M.
How have Penn a Kem LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Penn a Kem LLC's sponsor-wide assets grew 7.1%, from $23M to $25M.
Where does Pennakem Employees' Savings Plan rank by assets among Form 5500 filers? ▼
Pennakem Employees' Savings Plan ranks in the 79th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Pennakem Employees' Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Arc Excess & Surplus, LLC 401(k) Plan in NY ($23M, 170 participants).
Which 401(k) plans cover a similar participant headcount to Pennakem Employees' Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is We Transport Inc. Salaried 401(k) Plan in NY (157 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 262770135.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.