401(k) · DOL Form 5500 · 2023

Pennichuck Corporation 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
139
Participants Small participant base
76th
Percentile by assets National rank
$173,338
Avg per participant Above avg balance/head
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Official DOL plan name: Savings Plan for Employees of Pennichuck Corporation · Sponsored by Pennichuck Corporation · New Hampshire · Utilities

$24M in assets, 139 participants

Pennichuck Corporation's Savings Plan for Employees of Pennichuck Corporation reported $24M in total assets and 139 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #280 in Utilities (721 peers)

Coverage in New Hampshire

Savings Plan for Employees of Pennichuck Corporation covers 139 participants in New Hampshire, about 46% of the average New Hampshire filer (state average ~301 per filing). Assets: $24M.

#280
in Utilities (721 peers)
+11.8%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Savings Plan for Employees of Pennichuck Corporation's outsized position by total assets

Savings Plan for Employees of Pennichuck Corporation vs every filed plan by assets

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

$24,094,042 Top 24% higher than 76% 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

Savings Plan for Employees of Pennichuck Corporation 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. Savings Plan for Employees of Pennichuck Corporation sits mid-pack in the medium band (139 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Savings Plan for Employees of Pennichuck Corporation reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Savings Plan for Employees of Pennichuck Corporation end-of-year assets rose from $22M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Savings Plan for Employees of Pennichuck Corporation reported participants rose from 131 in the plan year 2022 filing to 139 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 020177370 · Pennichuck Corporation PY 2023 · 401(k)

Savings Plan for Employees of Pennichuck Corporation · $24M · 139 · 76th

  • SCH $24M
  • EBSA 139
  • PART 76th
  • TYPE 401(k)
  • NET near Karmak, Inc. 401(k) Profit Sharing Plan and Trust
  • BOOK ind #280

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 Utilities retirement plans → · Plans in New Hampshire →

Savings Plan for Employees of Pennichuck Corporation in the asset neighbourhood

Holtec Security International 401(k) PlanHoltec Security Internationa…$24MSavings Plan for Employees of Pennichuck CorporationSavings Plan for Employees o…$24MKarmak, Inc. 401(k) Profit Sharing Plan and TrustKarmak, Inc. 401(k) Profit S…$24MSbera 401(k) Plan as Adopted by Fall River Five Cents Savings BankSbera 401(k) Plan as Adopted…$24MStrategic Pharmaceutical Solutions 401(k) Profit Sharing Plan and TrustStrategic Pharmaceutical Sol…$24M
End-of-year total assets ($M) among Savings Plan for Employees of Pennichuck Corporation and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Hampshire filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$24M
Net Income$3M
Employer EIN020177370
Plan Effective Date1984-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pennichuck Corporation)

Sponsor-wide plan assets over time

All Pennichuck Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$57M 25.29944167321534% vs 2022
2024 filing year
$40M$45M$50M$55M$60M 202220232024 $45.2M $56.6M ▲ +25.3%
Year Plans Participants Total Assets
2022 2 253 $45M
2023 2 267 $52M
2024 2 256 $57M

Nearby 401(k) Plans in New Hampshire

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

Savings Plan for Employees of Pennichuck Corporation vs. nearby 401(k) plans in New Hampshire, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -2000200400600800 Total assets ($M) Participants Savings Plan for Employees of Pennichuck Corporation, Total assets ($M): 24.094042 · Participants: 139Savings Plan for Employees of Pennichuck CorporationC&s and Affiliates 401(k) Savings Plan (a), Total assets ($M): 574.6136 · Participants: 12135C&s and Affiliates 401(k) Savings Plan (a)Ams Osram Savings Plan, Total assets ($M): 461.503498 · Participants: 977Ams Osram Savings PlanAlbany International Corp. Prosperity Plus Savings Plan, Total assets ($M): 447.510354 · Participants: 1784Albany International Corp. Prosperity Plus Savings PlanConnection Employee 401(k) and Profit Sharing Plan, Total assets ($M): 378.181216 · Participants: 2702Connection Employee 401(k) and Profit Sharing PlanCoca Cola Beverages Northeast, Inc. Incentive Savings Plan, Total assets ($M): 362.577523 · Participants: 2708Coca Cola Beverages Northeast, Inc. Incentive Savings Plan
Savings Plan for Employees of Pennichuck Corporation vs. nearby 401(k) plans in New Hampshire, assets vs. participants

Savings Plan for Employees of Pennichuck Corporation's out-of-state 401(k) peers by assets and headcount

Outside New Hampshire, the nearest 401(k) by assets is Karmak, Inc. 401(k) Profit Sharing Plan and Trust in IL ($24M); by covered participants it is Daman Products Company, Inc. 401(k) and Profit Sharing Plan in IN (139 participants). Same-state nearby plans are listed separately above.

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 Savings Plan for Employees of Pennichuck Corporation assets move in 2023?
Savings Plan for Employees of Pennichuck Corporation grew at a solid clip - up 11.8% during 2023, from $22M to $24M. Reported net income was $3M.
How have Pennichuck Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Pennichuck Corporation's sponsor-wide assets grew 25.3%, from $45M to $57M.
Where does Savings Plan for Employees of Pennichuck Corporation rank by assets among Form 5500 filers?
Savings Plan for Employees of Pennichuck Corporation ranks in the 76th 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 Savings Plan for Employees of Pennichuck Corporation?
Among 401(k) plans in other states, the closest by assets is Karmak, Inc. 401(k) Profit Sharing Plan and Trust in IL ($24M, 220 participants).
Which 401(k) plans cover a similar participant headcount to Savings Plan for Employees of Pennichuck Corporation?
Among 401(k) plans in other states, the closest by covered participants is Daman Products Company, Inc. 401(k) and Profit Sharing Plan in IN (139 participants, N/A in assets).