ESOP · DOL Form 5500 · 2023

Penn United Technologies, Inc. ESOP

Data updated 2026-08-11

$155M
Total assets: 709
Participants: 94th
Percentile by assets: $218,321
Avg per participant

Official DOL plan name: Penn United Technologies, Inc. Employee Stock Ownership Plan · Sponsored by Penn United Technologies, Inc. · Pennsylvania · Manufacturing

$155M in assets, 709 participants

Penn United Technologies, Inc.'s Penn United Technologies, Inc. Employee Stock Ownership Plan reported $155M in total assets and 709 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

94th percentile by assets (of 127,072 plans)
#16,907 in Manufacturing (18,722 peers)

Where Penn United Technologies, Inc. Employee Stock Ownership Plan sits by assets

Penn United Technologies, Inc. Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $155M for 709 participants (~$218,321/participant), up 1.5% in 2023.

$155M
total plan assets (2023 EOY): 709
covered participants: 94th
percentile by assets (of 127,072 plans): $218,321
avg assets per participant

Penn United Technologies, Inc. Employee Stock Ownership Plan reported net income fell from $7M in the plan year 2022 filing to $2M in the plan year 2023 filing.
Penn United Technologies, Inc. Employee Stock Ownership Plan reported participants fell from 767 in the plan year 2022 filing to 709 in the plan year 2023 filing.
Penn United Technologies, Inc. Employee Stock Ownership Plan end-of-year assets rose from $153M in the plan year 2022 filing to $155M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Pennsylvania

Industry

Manufacturing

Penn United Technologies, Inc. Employee Stock Ownership Plan vs the 2023 asset distribution

By assets, Penn United Technologies, Inc. Employee Stock Ownership Plan outranks 94% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$153M
Net Assets (End of Year)	$155M
Net Income	$2M
Employer EIN	251215115
Plan Effective Date	1973-12-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Penn United Technologies, Inc.)

Total plan assets by year, all Penn United Technologies, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	1,489	$232M
2023	2	1,480	$246M
2024	2	806	$236M

Nearby ESOP Plans in Pennsylvania

Peer ESOP plans, same state, same plan type, ranked by total assets.

Penn United Technologies, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants

Wawa, Inc. Employee Stock Ownership Plan $5.3B · 42,695
Bradford White Corporation Employee Stock Ownership Plan and Trust Agreement $1.6B · 342
Centimark Corporation Employee Stock Ownership Plan and Trust $687M · 2,353
Sheetz, Inc. Employee Stock Ownership Plan $686M · 13,858
D & H Employee Stock Ownership Plan $289M · 1,461

Compare Penn United Technologies, Inc. Employee … side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Penn United Technologies, Inc. Employee Stock Ownership Plan by total assets, not by location.

VI-Jon Employee Stock Ownership Plan (MO) $154M · 940
Metro Builders Supply, Inc. Employee Stock Ownership Plan (OK) $155M · 1,305
Pavement Recycling Systems, Inc. Employee Stock Ownership Plan (CA) $154M · 495
Williams Brothers Construction Co, Inc Profit Sharing & Stock Ownership Plan (TX) $154M · 1,701

Frequently Asked Questions

How did Penn United Technologies, Inc. Employee Stock Ownership Plan assets move in 2023? ▼

Penn United Technologies, Inc. Employee Stock Ownership Plan edged up modestly - up 1.5% during 2023, from $153M to $155M. Reported net income was $2M.

How have Penn United Technologies, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Penn United Technologies, Inc.'s sponsor-wide assets grew 1.9%, from $232M to $236M.

Where does Penn United Technologies, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Penn United Technologies, Inc. Employee Stock Ownership Plan ranks in the 94th 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 ESOP plans are similar in size to Penn United Technologies, Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is VI-Jon Employee Stock Ownership Plan in MO ($154M, 940 participants).

Next read for Penn United Technologies, Inc. Employee …

Scale reading

Ways to act on Penn United Technologies, Inc. Employee Stock Ownership Plan's numbers.

By total assets, Penn United Technologies, Inc. Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Pennsylvania. Compare plans
Penn United Technologies, Inc.'s sponsor-wide assets have grown 1.9% since 2022 across 3 plan years on file. More Manufacturing 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 251215115.