401(k) · DOL Form 5500 · 2023

Penn Foster, Inc. 401(k) Plan

Data updated 2026-08-25

$49M
Total assets Below avg plan size
906
Participants Near avg headcount
85th
Percentile by assets National rank
$53,879
Avg per participant Low balance/head
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Official DOL plan name: Penn Foster, Inc. 401(k) Plan · Sponsored by Penn Foster, Inc. · Pennsylvania · Educational Services

$49M in assets, 906 participants

Penn Foster, Inc.'s Penn Foster, Inc. 401(k) Plan reported $49M in total assets and 906 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #2,753 in Educational Services (3,735 peers)

Where Penn Foster, Inc. 401(k) Plan sits by assets

Penn Foster, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $49M for 906 participants (~$53,879/participant), up 36.7% in 2023.

#2,753
in Educational Services (3,735 peers)
+36.7%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Penn Foster, Inc. 401(k) Plan's outsized position by total assets

Penn Foster, Inc. 401(k) Plan vs every filed plan by assets

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

$48,814,732 Top 15% higher than 85% 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

Penn Foster, Inc. 401(k) Plan 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. Penn Foster, Inc. 401(k) Plan sits mid-pack in the medium band (906 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Penn Foster, Inc. 401(k) Plan reported net income rose from -$8M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Penn Foster, Inc. 401(k) Plan end-of-year assets rose from $36M in the plan year 2022 filing to $49M in the plan year 2023 filing.
  • Penn Foster, Inc. 401(k) Plan reported participants rose from 833 in the plan year 2022 filing to 906 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 330124636 · Penn Foster, Inc. PY 2023 · 401(k)

Penn Foster, Inc. 401(k) Plan · $49M · 906 · 85th

  • BOOK $49M
  • VS-ST 906
  • BOY 85th
  • SCH 401(k)
  • EBSA near Radiology Consultants of Little Rock, P.a. Employees 401(k) Profit Sharing Plan and Trust
  • PART ind #2753

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 Educational Services retirement plans → · Plans in Pennsylvania →

Penn Foster, Inc. 401(k) Plan in the asset neighbourhood

Radiology Consultants of Little Rock, P.a. Employees 401(k) Profit Sharing Plan and TrustRadiology Consultants of Lit…$49MPenn Foster, Inc. 401(k) Plan$49MChanneladvisor Corporation 401(k) Profit Sharing PlanChanneladvisor Corporation 4…$49MRosenthal & Rosenthal, Inc. 401(k) PlanRosenthal & Rosenthal, Inc. …$49MInternational Community Health Services 403(b) Sh PlanInternational Community Heal…$49M
End-of-year total assets ($M) among Penn Foster, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$36M
Net Assets (End of Year)$49M
Net Income$6M
Employer EIN330124636
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Penn Foster, Inc.)

Sponsor-wide plan assets over time

All Penn Foster, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$49M 36.653324219889015% vs 2022
2023 filing year
$30M$35M$40M$45M$50M$55M 20222023 $35.7M $48.8M ▲ +36.6%
Year Plans Participants Total Assets
2022 1 833 $36M
2023 1 906 $49M

Nearby 401(k) Plans in Pennsylvania

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

Penn Foster, Inc. 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Penn Foster, Inc. 401(k) Plan, Total assets ($B): 0.048814732 · Participants: 906Penn Foster, Inc. 401(k) PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Penn Foster, Inc. 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Penn Foster, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest 401(k) by assets is Radiology Consultants of Little Rock, P.a. Employees 401(k) Profit Sharing Plan and Trust in AR ($49M); by covered participants it is Nordic Group of Companies, Ltd. Employees' 401(k) Savings and in WI (906 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (906 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 Penn Foster, Inc. 401(k) Plan assets move in 2023? ▼
Penn Foster, Inc. 401(k) Plan surged - up 36.7% during 2023, from $36M to $49M. Reported net income was $6M.
How have Penn Foster, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Penn Foster, Inc.'s sponsor-wide assets grew 36.7%, from $36M to $49M.
Where does Penn Foster, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Penn Foster, Inc. 401(k) Plan ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Penn Foster, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Radiology Consultants of Little Rock, P.a. Employees 401(k) Profit Sharing Plan and Trust in AR ($49M, 109 participants).
Which 401(k) plans cover a similar participant headcount to Penn Foster, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nordic Group of Companies, Ltd. Employees' 401(k) Savings and in WI (906 participants, $54M 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 330124636.

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.