401(k) · DOL Form 5500 · 2023

Pence Wealth Management, Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
29
Participants Small participant base
59th
Percentile by assets National rank
$347,428
Avg per participant High balance/head
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Official DOL plan name: Pence Wealth Management, Inc. 401(k) Profit Sharing Plan · Sponsored by Pence Wealth Management, Inc. · California · Professional & Technical Services

$10M in assets, 29 participants

Pence Wealth Management, Inc.'s Pence Wealth Management, Inc. 401(k) Profit Sharing Plan reported $10M in total assets and 29 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.

  • #11,657 in Professional & Technical Services (20,321 peers)

Pence Wealth Management, Inc. multi-year trail

Pence Wealth Management, Inc.'s plans moved +56.9% in assets from 2022 to 2023; this filing shows Pence Wealth Management, Inc. 401(k) Profit Sharing Plan at $10M / 29 participants.

#11,657
in Professional & Technical Services (20,321 peers)
+56.9%
assets growth YoY

Pence Wealth Management, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Professional & Technical Services and all filers

Pence Wealth Management, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$10,075,400 Top 41% higher than 59% of 127,068 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 2023

Pence Wealth Management, Inc. 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pence Wealth Management, Inc. 401(k) Profit Sharing Plan is a small filing (29 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pence Wealth Management, Inc. 401(k) Profit Sharing Plan reported net income rose from -$4M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Pence Wealth Management, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $6M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Pence Wealth Management, Inc. 401(k) Profit Sharing Plan reported participants rose from 23 in the plan year 2022 filing to 29 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 010648100 · Pence Wealth Management, Inc. PY 2023 · 401(k)

Pence Wealth Management, Inc. 401(k) Profit Sharing Plan · $10M · 29 · 59th

  • NET $10M
  • BOOK 29
  • VS-ST 59th
  • BOY 401(k)
  • SCH near Datum Software 401(k) Plan
  • EBSA ind #11657

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 Professional & Technical Services retirement plans → · Plans in California →

Pence Wealth Management, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Pence Wealth Management, Inc. 401(k) Profit Sharing PlanPence Wealth Management, Inc…$10MDatum Software 401(k) Plan$10MMark VII Equipment Inc. 401(k) Profit Sharing Plan and TrustMark VII Equipment Inc. 401(…$10MFrankenmuth Bavarian Inn, Inc. Employees' Retirement PlanFrankenmuth Bavarian Inn, In…$10MAmaco 401(k) Plan$10M
End-of-year total assets ($M) among Pence Wealth Management, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pence Wealth Management, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Pence Wealth Management, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 56.91963183677144% vs 2022
2023 filing year
$6M$8M$10M$12M 20222023 $6.42M $10.1M ▲ +57.0%
Year Plans Participants Total Assets
2022 1 23 $6M
2023 2 29 $10M

Pence Wealth Management, Inc. filing trail (2023)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$10M
Net Income$4M
Employer EIN010648100
Plan Effective Date2002-04-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in California

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

Pence Wealth Management, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Pence Wealth Management, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.0100754 · Participants: 29Pence Wealth Management, Inc. 401(k) Profit Sharing PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Pence Wealth Management, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Pence Wealth Management, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Pence Wealth Management, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Datum Software 401(k) Plan in GA ($10M); by covered participants it is Kizer Pharmacy, LLC Safe Harbor 401(k) Plan in TN (29 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Pence Wealth Management, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Pence Wealth Management, Inc. 401(k) Profit Sharing Plan surged - up 56.9% during 2023, from $6M to $10M. Reported net income was $4M.
How have Pence Wealth Management, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Pence Wealth Management, Inc.'s sponsor-wide assets grew 56.9%, from $6M to $10M.
Which 401(k) plans are similar in size to Pence Wealth Management, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Datum Software 401(k) Plan in GA ($10M, 219 participants).
Which 401(k) plans cover a similar participant headcount to Pence Wealth Management, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kizer Pharmacy, LLC Safe Harbor 401(k) Plan in TN (29 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 010648100.

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.