401(k) · DOL Form 5500 · 2023

H.O. Penn Machinery Company, Inc. 401(k) Plan

Data updated 2026-08-11

$83M
Total assets: 235
Participants: 90th
Percentile by assets: $351,631
Avg per participant

Official DOL plan name: H.O. Penn 401(k) & Profit Sharing Plan and Trust · Sponsored by H.O. Penn Machinery Company, Inc. · New York · Wholesale Trade

$83M in assets, 235 participants

H.O. Penn Machinery Company, Inc.'s H.O. Penn 401(k) & Profit Sharing Plan and Trust reported $83M in total assets and 235 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

90th percentile by assets (of 127,072 plans)
#5,775 in Wholesale Trade (6,309 peers)

Coverage in New York

H.O. Penn 401(k) & Profit Sharing Plan and Trust covers 235 participants in New York, about 29% of the average New York filer (state average ~798 per filing). Assets: $83M.

$83M
total plan assets (2023 EOY): 235
covered participants: 90th
percentile by assets (of 127,072 plans): $351,631
avg assets per participant

Where H.O. Penn 401(k) & Profit Sharing Plan and Trust sits by total assets

H.O. Penn 401(k) & Profit Sharing Plan and Trust vs every filed plan by assets

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

$82,633,196 Top 10% higher than 90% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

H.O. Penn 401(k) & Profit Sharing Plan and Trust reported net income rose from -$14M in the plan year 2022 filing to $8M in the plan year 2023 filing.
H.O. Penn 401(k) & Profit Sharing Plan and Trust end-of-year assets rose from $75M in the plan year 2022 filing to $83M in the plan year 2023 filing.
H.O. Penn 401(k) & Profit Sharing Plan and Trust reported participants rose from 222 in the plan year 2022 filing to 235 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

New York

Industry

Wholesale Trade

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. H.O. Penn 401(k) & Profit Sharing Plan and Trust reports 235 participants - about 29% of that state average ($83M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)	$75M
Net Assets (End of Year)	$83M
Net Income	$8M
Employer EIN	131158790
Plan Effective Date	1980-07-29
Filing Status	FILING RECEIVED

Sponsor Plan History (H.O. Penn Machinery Company, Inc.)

Total plan assets by year, all H.O. Penn Machinery Company, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	229	$80M
2023	2	241	$87M
2024	2	251	$94M

Nearby 401(k) Plans in New York

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

H.O. Penn 401(k) & Profit Sharing Plan and Trust vs. nearby 401(k) plans in New York, assets vs. participants

IBM 401 (K) Plus Plan $57.4B · 54,912
Pfizer Savings Plan $19.6B · 30,033
Morgan Stanley 401(k) Plan $19.2B · 55,363
The Pepsico Savings Plan $13.7B · 133,597
The Goldman Sachs 401(k) Plan $11.4B · 24,866

Compare H.O. Penn 401(k) & Profit Sharing Plan a… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to H.O. Penn 401(k) & Profit Sharing Plan and Trust by total assets, not by location.

Holley Performance Products, Inc Retirement Accumulation Plan (KY) $83M · 1,547
Chapman Automotive Group 401(k) Plan and Trust (AZ) $83M · 1,822
Sutton Bank Employee Stock Ownership & 401(k) Plan (OH) $83M · 158
Saf-Holland, Inc. 401(k) Savings Plan (MI) $83M · 919

Frequently Asked Questions

How did H.O. Penn 401(k) & Profit Sharing Plan and Trust assets move in 2023? ▼

H.O. Penn 401(k) & Profit Sharing Plan and Trust grew at a solid clip - up 10.4% during 2023, from $75M to $83M. Reported net income was $8M.

How have H.O. Penn Machinery Company, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), H.O. Penn Machinery Company, Inc.'s sponsor-wide assets grew 18.1%, from $80M to $94M.

Where does H.O. Penn 401(k) & Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼

H.O. Penn 401(k) & Profit Sharing Plan and Trust ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which 401(k) plans are similar in size to H.O. Penn 401(k) & Profit Sharing Plan and Trust? ▼

Among 401(k) plans in other states, the closest by assets is Holley Performance Products, Inc Retirement Accumulation Plan in KY ($83M, 1,547 participants).

Next read for H.O. Penn 401(k) & Profit Sharing Plan a…

Filing takeaways

Ways to act on H.O. Penn 401(k) & Profit Sharing Plan and Trust's numbers.

By total assets, H.O. Penn 401(k) & Profit Sharing Plan and Trust ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in New York. Compare plans
H.O. Penn Machinery Company, Inc.'s sponsor-wide assets have grown 18.1% since 2022 across 3 plan years on file. More Wholesale Trade plans

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 131158790.