401(k) · DOL Form 5500 · 2023

Penna Powers, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
49
Participants Small participant base
48th
Percentile by assets National rank
$125,284
Avg per participant Near avg balance/head
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Official DOL plan name: Penna Powers, Inc. 401(k) Plan · Sponsored by Penna Powers, Inc. · Utah · Professional & Technical Services

$6M in assets, 49 participants

Penna Powers, Inc.'s Penna Powers, Inc. 401(k) Plan reported $6M in total assets and 49 participants in its 2023 DOL Form 5500 filing, ranking in the 48th 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.

  • #9,469 in Professional & Technical Services (20,321 peers)

Penna Powers, Inc. multi-year trail

Penna Powers, Inc.'s plans moved +26.5% in assets from 2022 to 2024; this filing shows Penna Powers, Inc. 401(k) Plan at $6M / 49 participants.

#9,469
in Professional & Technical Services (20,321 peers)
+4.1%
assets growth YoY

Penna Powers, Inc. 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Penna Powers, Inc. 401(k) Plan vs every filed plan by assets

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

$6,138,922 48th percentile higher than 48% 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

Penna Powers, Inc. 401(k) 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. Penna Powers, Inc. 401(k) Plan is a small filing (49 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Penna Powers, Inc. 401(k) Plan reported net income rose from -$955K in the plan year 2022 filing to $242K in the plan year 2023 filing.
  • Penna Powers, Inc. 401(k) Plan reported participants rose from 43 in the plan year 2022 filing to 49 in the plan year 2023 filing.
  • Penna Powers, Inc. 401(k) Plan end-of-year assets rose from $6M in the plan year 2022 filing to $6M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 870410756 · Penna Powers, Inc. PY 2023 · 401(k)

Penna Powers, Inc. 401(k) Plan · $6M · 49 · 48th

  • EBSA $6M
  • EBSA 49
  • EBSA 48th
  • EBSA 401(k)
  • EBSA near Aviation Security Management, LLC 401(k) Plan
  • EBSA ind #9469

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 Utah →

Penna Powers, Inc. 401(k) Plan in the asset neighbourhood

Penna Powers, Inc. 401(k) PlanPenna Powers, Inc. 401(k) Pl…$6MAviation Security Management, LLC 401(k) PlanAviation Security Management…$6MProletariat 401(k) Plan$6MMm Comfort Systems 401(k) PlanMm Comfort Systems 401(k) Pl…$6MThorne Associates, Inc. 401(k) PlanThorne Associates, Inc. 401(…$6M
End-of-year total assets ($M) among Penna Powers, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Penna Powers, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Penna Powers, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 26.46909845371445% vs 2022
2024 filing year
$5.5M$6M$6.5M$7M$7.5M$8M 202220232024 $5.9M $7.46M ▲ +26.4%
Year Plans Participants Total Assets
2022 1 43 $6M
2023 1 49 $6M
2024 1 47 $7M

Penna Powers, Inc. filing trail (2023)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income$242K
Employer EIN870410756
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Utah

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

Penna Powers, Inc. 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -202468 Total assets ($B) Participants Penna Powers, Inc. 401(k) Plan, Total assets ($B): 0.006138922 · Participants: 49Penna Powers, Inc. 401(k) PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 6.015479 · Participants: 46680Intermountain Healthcare Savings Plus 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 5.481729272 · Participants: 24292Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.662904822 · Participants: 10088Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.192769515 · Participants: 15411Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.633594695 · Participants: 4537Autoliv Asp, Inc. Employee Savings and Investment Plan
Penna Powers, Inc. 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants

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

Outside Utah, the nearest 401(k) by assets is Aviation Security Management, LLC 401(k) Plan in VA ($6M); by covered participants it is Marvin & Co. PC Savings and Thrift Plan in NY (49 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

Similar participant headcount

Nearest other-state filings by covered participants (49 participants); asset peers above are excluded.

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 Penna Powers, Inc. 401(k) Plan assets move in 2023?
Penna Powers, Inc. 401(k) Plan edged up modestly - up 4.1% during 2023, from $6M to $6M. Reported net income was $242K.
How have Penna Powers, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Penna Powers, Inc.'s sponsor-wide assets grew 26.5%, from $6M to $7M.
Which 401(k) plans are similar in size to Penna Powers, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Aviation Security Management, LLC 401(k) Plan in VA ($6M, 326 participants).
Which 401(k) plans cover a similar participant headcount to Penna Powers, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Marvin & Co. PC Savings and Thrift Plan in NY (49 participants, N/A in assets).