401(k) · DOL Form 5500 · 2022

Penco Corporation 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
131
Participants Small participant base
80th
Percentile by assets National rank
$185,062
Avg per participant Above avg balance/head
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Official DOL plan name: The 401(k) Savings Plan · Sponsored by Penco Corporation · Connecticut · Manufacturing

$24M in assets, 131 participants

Penco Corporation's The 401(k) Savings Plan reported $24M in total assets and 131 participants in its 2022 DOL Form 5500 filing, ranking in the 80th 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.

  • #14,790 in Manufacturing (20,602 peers)

Coverage in Connecticut

The 401(k) Savings Plan covers 131 participants in Connecticut, about 18% of the average Connecticut filer (state average ~718 per filing). Assets: $24M.

#14,790
in Manufacturing (20,602 peers)
-23.6%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The 401(k) Savings Plan's outsized position by total assets

The 401(k) Savings Plan vs every filed plan by assets

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

$24,243,148 Top 20% higher than 80% 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

The 401(k) 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. The 401(k) Savings Plan sits mid-pack in the medium band (131 participants).

DOL schedule card

Filing strip 060403810 · Penco Corporation PY 2022 · 401(k)

The 401(k) Savings Plan · $24M · 131 · 80th

  • PHOTO $24M
  • PHOTO 131
  • PHOTO 80th
  • PHOTO 401(k)
  • PHOTO near Pinova Savings and Investment Plan
  • PHOTO ind #14790

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 Connecticut →

The 401(k) Savings Plan in the asset neighbourhood

Pinova Savings and Investment PlanPinova Savings and Investmen…$24MValley Medical Group, P.C. 401(k) PlanValley Medical Group, P.C. 4…$24MThe 401(k) Savings Plan$24MHawkins Ash Cpas, LLP Retirement PlanHawkins Ash Cpas, LLP Retire…$24MEngle Printing & Publishing Co., Inc. 401(k) PlanEngle Printing & Publishing …$24M
End-of-year total assets ($M) among The 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Connecticut filing particulars

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$24M
Net Income-$7M
Employer EIN060403810
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Penco Corporation)

Sponsor-wide plan assets over time

All Penco Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$146M 26.529755262525% vs 2022
2024 filing year
$110M$120M$130M$140M$150M 202220232024 $115M $146M ▲ +26.5%
Year Plans Participants Total Assets
2022 2 374 $115M
2023 2 403 $129M
2024 2 572 $146M

Nearby 401(k) Plans in Connecticut

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

The 401(k) Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -200204060 Total assets ($B) Participants The 401(k) Savings Plan, Total assets ($B): 0.024243148 · Participants: 131The 401(k) Savings PlanUnited Technologies Corporation Employee Savings Plan, Total assets ($B): 48.916975 · Participants: 55762United Technologies Corporation Employee Savings PlanGE Retirement Savings Plan, Total assets ($B): 24.786830027 · Participants: 57522GE Retirement Savings PlanCiti Retirement Savings Plan, Total assets ($B): 17.438946034 · Participants: 70070Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 5.615003 · Participants: 17724The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.641347 · Participants: 11876Xerox Corporation Savings Plan
The 401(k) Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare The 401(k) Savings Plan side-by-side with 3 peers →

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

Outside Connecticut, the nearest 401(k) by assets is Pinova Savings and Investment Plan in GA ($24M); by covered participants it is Premium Brands Holdings Corporation Retirement Plan in WA (131 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($24M here).

Similar participant headcount

Nearest other-state filings by covered participants (131 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 The 401(k) Savings Plan assets move in 2022? ▼
The 401(k) Savings Plan declined sharply - down 23.6% during 2022, from $32M to $24M. Reported net income was -$7M.
How have Penco Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Penco Corporation's sponsor-wide assets grew 26.5%, from $115M to $146M.
Where does The 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
The 401(k) Savings Plan ranks in the 80th 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 The 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Pinova Savings and Investment Plan in GA ($24M, 242 participants).
Which 401(k) plans cover a similar participant headcount to The 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Premium Brands Holdings Corporation Retirement Plan in WA (131 participants, $4M 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 060403810.

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.