401(k) · DOL Form 5500 · 2023

Penetone Corporation 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
52
Participants Small participant base
70th
Percentile by assets National rank
$333,280
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Penetone/Petron Retirement Savings Plan · Sponsored by Penetone Corporation · New Jersey · Manufacturing

$17M in assets, 52 participants

Penetone Corporation's Penetone/Petron Retirement Savings Plan reported $17M in total assets and 52 participants in its 2023 DOL Form 5500 filing, ranking in the 70th 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.

  • #11,065 in Manufacturing (18,722 peers)

2023 asset change

Penetone/Petron Retirement Savings Plan grew sharply 20.7% in 2023 ($14M → $17M) for 52 participants.

#11,065
in Manufacturing (18,722 peers)
+20.7%
assets growth YoY

Penetone/Petron Retirement Savings Plan's outsized position by total assets

Penetone/Petron Retirement Savings Plan vs every filed plan by assets

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

$17,330,581 Top 30% higher than 70% 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

Penetone/Petron Retirement Savings 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. Penetone/Petron Retirement Savings Plan is a small filing (52 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Penetone/Petron Retirement Savings Plan reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Penetone/Petron Retirement Savings Plan end-of-year assets rose from $14M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Penetone/Petron Retirement Savings Plan reported participants fell from 54 in the plan year 2022 filing to 52 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 222102790 · Penetone Corporation PY 2023 · 401(k)

Penetone/Petron Retirement Savings Plan · $17M · 52 · 70th

  • EIN $17M
  • RANK 52
  • PHOTO 70th
  • IND 401(k)
  • EOY near Pacific Biolabs 401(k) Plan
  • 5500 ind #11065

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 New Jersey →

Penetone/Petron Retirement Savings Plan in the asset neighbourhood

Penetone/Petron Retirement Savings PlanPenetone/Petron Retirement S…$17MPacific Biolabs 401(k) Plan$17MKymeta Corporation Retirement TrustKymeta Corporation Retiremen…$17MPermco 401(k) Profit Sharing PlanPermco 401(k) Profit Sharing…$17MPathology Consultants of Green Bay Sc 401(k) Profit Sharing PlanPathology Consultants of Gre…$17M
End-of-year total assets ($M) among Penetone/Petron Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Penetone Corporation years around the 2023 move

Sponsor-wide plan assets over time

All Penetone Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$15M 2.075114924189748% vs 2022
2024 filing year
$14M$15M$16M$17M$18M 202220232024 $14.4M $14.7M ▲ +2.1%
Year Plans Participants Total Assets
2022 1 54 $14M
2023 1 52 $17M
2024 1 50 $15M

2023 asset-move particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$17M
Net Income$3M
Employer EIN222102790
Plan Effective Date1983-05-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New Jersey

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

Penetone/Petron Retirement Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Penetone/Petron Retirement Savings Plan, Total assets ($B): 0.017330581 · Participants: 52Penetone/Petron Retirement Savings PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Penetone/Petron Retirement Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Penetone/Petron Retirement Savings Plan side-by-side with 3 peers →

Penetone/Petron Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Pacific Biolabs 401(k) Plan in CA ($17M); by covered participants it is The Midlands Clinic, P.C. 401(k) Plan and Trust in SD (52 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (52 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 Penetone/Petron Retirement Savings Plan assets move in 2023? ▼
Penetone/Petron Retirement Savings Plan grew sharply - up 20.7% during 2023, from $14M to $17M. Reported net income was $3M.
How have Penetone Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Penetone Corporation's sponsor-wide assets grew 2.1%, from $14M to $15M.
Which 401(k) plans are similar in size to Penetone/Petron Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Pacific Biolabs 401(k) Plan in CA ($17M, 92 participants).
Which 401(k) plans cover a similar participant headcount to Penetone/Petron Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Midlands Clinic, P.C. 401(k) Plan and Trust in SD (52 participants, N/A 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 222102790.

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.