Defined Benefit (Pension) · DOL Form 5500 · 2023

Penn Engineering & Mfg. Corp. Pension Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
200
Participants Below avg headcount
74th
Percentile by assets National rank
$105,972
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Penn Engineering Pension Plan · Sponsored by Penn Engineering & Mfg. Corp. · Pennsylvania · Manufacturing

$21M in assets, 200 participants

Penn Engineering & Mfg. Corp.'s Penn Engineering Pension Plan reported $21M in total assets and 200 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #11,943 in Manufacturing (18,722 peers)

Coverage in Pennsylvania

Penn Engineering Pension Plan covers 200 participants in Pennsylvania, about 24% of the average Pennsylvania filer (state average ~822 per filing). Assets: $21M.

#11,943
in Manufacturing (18,722 peers)
+31.1%
assets growth YoY

Penn Engineering Pension Plan's outsized position by total assets

Penn Engineering Pension Plan vs every filed plan by assets

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

$21,194,487 Top 26% higher than 74% 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 Engineering Pension 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 Engineering Pension Plan sits mid-pack in the medium band (200 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Penn Engineering Pension Plan reported net income rose from -$4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Penn Engineering Pension Plan end-of-year assets rose from $16M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Penn Engineering Pension Plan reported participants fell from 221 in the plan year 2022 filing to 200 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 230951065 · Penn Engineering & Mfg. Corp. PY 2023 · Defined Benefit (Pension)

Penn Engineering Pension Plan · $21M · 200 · 74th

  • PHOTO $21M
  • IND 200
  • EOY 74th
  • 5500 Defined Benefit (Pension)
  • ASSETS near Harnett Health System, Inc. Employees' Pension Plan
  • PCT ind #11943

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 Pennsylvania →

Penn Engineering Pension Plan in the asset neighbourhood

Penn Engineering Pension Plan$21MHarnett Health System, Inc. Employees' Pension PlanHarnett Health System, Inc. …$21MMinnesota Nurses Association Pension Plan and TrustMinnesota Nurses Association…$21MHenry Modell & Co. , Inc. Employees' Retirement PlanHenry Modell & Co. , Inc. Em…$21MChs/Community Health Systems, Inc.Retirement Income PlanChs/Community Health Systems…$21M
End-of-year total assets ($M) among Penn Engineering Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$21M
Net Income$5M
Employer EIN230951065
Plan Effective Date1962-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Penn Engineering & Mfg. Corp.)

Sponsor-wide plan assets over time

All Penn Engineering & Mfg. Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$183M 33.26547835398494% vs 2022
2024 filing year
$120M$140M$160M$180M$200M 202220232024 $138M $183M ▲ +33.3%
Year Plans Participants Total Assets
2022 2 987 $138M
2023 2 1,007 $172M
2024 2 1,092 $183M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Penn Engineering Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Penn Engineering Pension Plan, Total assets ($B): 0.021194487 · Participants: 200Penn Engineering Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 11.224377797 · Participants: 27434National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York Mellon Corporation Pension Plan
Penn Engineering Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Penn Engineering Pension Plan side-by-side with 3 peers →

Penn Engineering Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Harnett Health System, Inc. Employees' Pension Plan in NC ($21M); by covered participants it is Nasdaq Pension Plan in MD (200 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (200 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 Engineering Pension Plan assets move in 2023? ▼
Penn Engineering Pension Plan surged - up 31.1% during 2023, from $16M to $21M. Reported net income was $5M.
How have Penn Engineering & Mfg. Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Penn Engineering & Mfg. Corp.'s sponsor-wide assets grew 33.3%, from $138M to $183M.
Which Defined Benefit (Pension) plans are similar in size to Penn Engineering Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Harnett Health System, Inc. Employees' Pension Plan in NC ($21M, 134 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Penn Engineering Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Nasdaq Pension Plan in MD (200 participants, $61M 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 230951065.

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.