401(k) · DOL Form 5500 · 2023

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

Data updated 2026-08-25

$83M
Total assets Below avg plan size
235
Participants Below avg headcount
90th
Percentile by assets National rank
$351,631
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#5,775
in Wholesale Trade (6,309 peers)
+10.4%
assets growth YoY
0.8×
vs typical plan assets (national mean)

H.O. Penn 401(k) & Profit Sharing Plan and Trust's outsized position 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

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

H.O. Penn 401(k) & Profit Sharing Plan and Trust among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. H.O. Penn 401(k) & Profit Sharing Plan and Trust sits mid-pack in the medium band (235 participants).

What changed between DOL Form 5500 filings

plan year 2022 → 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 →

EBSA filing schedule strip

Filing strip 131158790 · H.O. Penn Machinery Company, Inc. PY 2023 · 401(k)

H.O. Penn 401(k) & Profit Sharing Plan and Trust · $83M · 235 · 90th

  • EOY $83M
  • 5500 235
  • ASSETS 90th
  • PCT 401(k)
  • EIN near Holley Performance Products, Inc Retirement Accumulation Plan
  • RANK ind #5775

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 Wholesale Trade retirement plans → · Plans in New York →

H.O. Penn 401(k) & Profit Sharing Plan and Trust in the asset neighbourhood

Sutton Bank Employee Stock Ownership & 401(k) PlanSutton Bank Employee Stock O…$83MHolley Performance Products, Inc Retirement Accumulation PlanHolley Performance Products,…$83MChapman Automotive Group 401(k) Plan and TrustChapman Automotive Group 401…$83MH.O. Penn 401(k) & Profit Sharing Plan and TrustH.O. Penn 401(k) & Profit Sh…$83MSaf-Holland, Inc. 401(k) Savings PlanSaf-Holland, Inc. 401(k) Sav…$83M
End-of-year total assets ($M) among H.O. Penn 401(k) & Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$75M
Net Assets (End of Year)$83M
Net Income$8M
Employer EIN131158790
Plan Effective Date1980-07-29
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All H.O. Penn Machinery Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$94M 18.124649056558084% vs 2022
2024 filing year
$75M$80M$85M$90M$95M$100M 202220232024 $80M $94.4M ▲ +18.1%
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 Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants H.O. Penn 401(k) & Profit Sharing Plan and Trust, Total assets ($B): 0.082633196 · Participants: 235H.O. Penn 401(k) & Profit Sharing Plan and TrustIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
H.O. Penn 401(k) & Profit Sharing Plan and Trust vs. nearby 401(k) plans in New York, assets vs. participants
Compare H.O. Penn 401(k) & Profit Sharing Plan and Trust side-by-side with 3 peers →

H.O. Penn 401(k) & Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Holley Performance Products, Inc Retirement Accumulation Plan in KY ($83M); by covered participants it is Bobcat North America, LLC 401(k) Plan in FL (235 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (235 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 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).
Which 401(k) plans cover a similar participant headcount to H.O. Penn 401(k) & Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Bobcat North America, LLC 401(k) Plan in FL (235 participants, $654K 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 131158790.

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.