401(k)
2023 plan-year 401(k) DOL Form 5500

Pennco Institutes, Inc. 401(k) Profit Sharing Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Pennco Institutes, Inc. · Pennsylvania · Educational Services

What the 2023 filing shows

Pennco Institutes, Inc. 401(k) Profit Sharing Plan holds $334K for 146 participants — about $2,286 per participant, up 100.1% over the 2023 plan year.

$334K
total plan assets (2023 EOY)
146
covered participants
$2,286
avg assets per participant
+100.1%
assets growth YoY
Total Assets (2023)
$334K
Participants
146
State
Industry
Educational Services

What the Filing Says About Pennco Institutes, Inc. 401(k) Profit Sharing Plan

Pennco Institutes, Inc. 401(k) Profit Sharing Plan is a 401(k) retirement plan sponsored by Pennco Institutes, Inc., headquartered in Pennsylvania. As of the 2023 Form 5500 filing, the plan reports $334K in total end-of-year assets and covers 146 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 231891908, and the plan has been effective since 2021-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $167K at the beginning of 2023 to $334K at year-end — a gain of 100.1%. Net assets (after liabilities) closed the year at $334K, with reported net income of $167K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$167K
Total Assets (End of Year)$334K
Net Assets (End of Year)$334K
Net Income$167K
Plan Type401(k)
Employer EIN231891908
Plan Effective Date2021-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pennco Institutes, Inc.)

Year Plans Participants Total Assets
2022 1 165 $167K
2023 1 146 $334K
2024 1 183 $494K

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Frequently Asked Questions

How much money is in the Pennco Institutes, Inc. 401(k) Profit Sharing Plan?
As of the 2023 Form 5500 filing, Pennco Institutes, Inc. 401(k) Profit Sharing Plan holds $334K in total assets with 146 participants. It is sponsored by Pennco Institutes, Inc..
What type of plan is Pennco Institutes, Inc. 401(k) Profit Sharing Plan?
Pennco Institutes, Inc. 401(k) Profit Sharing Plan is a 401(k) plan. It has been effective since 2021-10-01. The plan is filed with the U.S. Department of Labor under EIN 231891908.
Who sponsors the Pennco Institutes, Inc. 401(k) Profit Sharing Plan?
Pennco Institutes, Inc. 401(k) Profit Sharing Plan is sponsored by Pennco Institutes, Inc., located in Pennsylvania. The sponsor's EIN is 231891908 and the plan operates in the Educational Services industry.
How did Pennco Institutes, Inc. 401(k) Profit Sharing Plan perform in 2023?
Pennco Institutes, Inc. 401(k) Profit Sharing Plan grew by 100.1% during 2023, moving from $167K to $334K in total assets. Net income was $167K.
Where can I find official filings for Pennco Institutes, Inc. 401(k) Profit Sharing Plan?
Official Form 5500 filings for Pennco Institutes, Inc. 401(k) Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 231891908 or plan name at efast.dol.gov.
How does Pennco Institutes, Inc. 401(k) Profit Sharing Plan compare to other plans?
You can compare Pennco Institutes, Inc. 401(k) Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in Pennsylvania on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 231891908.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.