401(k) · DOL Form 5500 · 2024
Penetone Corporation 401(k) Plan
Data updated 2026-08-25
- $15M
- Total assets Small plan by assets
- 50
- Participants Small participant base
- 64th
- Percentile by assets National rank
- $293,016
- Avg per participant High balance/head
Official DOL plan name: Penetone/Petron Retirement Savings Plan · Sponsored by Penetone Corporation · New Jersey · Manufacturing
$15M in assets, 50 participants
Penetone Corporation's Penetone/Petron Retirement Savings Plan reported $15M in total assets and 50 participants in its 2024 DOL Form 5500 filing, ranking in the 64th 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.
- #9,212 in Manufacturing (17,777 peers)
2024 asset change
Penetone/Petron Retirement Savings Plan declined sharply 15.5% in 2024 ($17M → $15M) for 50 participants.
- #9,212
- in Manufacturing (17,777 peers)
- -15.5%
- assets change YoY
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Penetone/Petron Retirement Savings Plan's mid-pack asset rank among Manufacturing and all filers
Penetone/Petron Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$14,650,780 Top 36% higher than 64% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Penetone/Petron Retirement Savings Plan among smaller filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Penetone/Petron Retirement Savings Plan is a small filing (50 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Penetone/Petron Retirement Savings Plan reported net income fell from $3M in the plan year 2023 filing to -$3M in the plan year 2024 filing.
- Penetone/Petron Retirement Savings Plan end-of-year assets fell from $17M in the plan year 2023 filing to $15M in the plan year 2024 filing.
- Penetone/Petron Retirement Savings Plan reported participants fell from 52 in the plan year 2023 filing to 50 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 222102790 · Penetone Corporation PY 2024 · 401(k)
Penetone/Petron Retirement Savings Plan · $15M · 50 · 64th
- BOY $15M
- SCH 50
- EBSA 64th
- PART 401(k)
- TYPE near Meacham & Apel Architects, Inc. 401(k) Profit Sharing Plan
- NET ind #9212
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 New Jersey →
Penetone/Petron Retirement Savings Plan in the asset neighbourhood
Penetone Corporation years around the 2024 move
Sponsor-wide plan assets over time
All Penetone Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $15M 2.075114924189748% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 54 | $14M |
| 2023 | 1 | 52 | $17M |
| 2024 | 1 | 50 | $15M |
2024 asset-move particulars
| Total Assets (Beginning of Year) | $17M |
|---|---|
| Net Assets (End of Year) | $15M |
| Net Income | -$3M |
| Employer EIN | 222102790 |
| Plan Effective Date | 1983-05-01 |
| Filing Status | FILING RECEIVED |
Nearby 401(k) Plans in New Jersey
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- JPMorgan Chase 401(k) Savings Plan $52.9B · 185,532
- Verizon Savings Plan for Management Employees $29.4B · 69,218
- Johnson and Johnson Savings Plan $23.6B · 42,583
- Ernst & Young Retirement Savings Plan $18.3B · 56,714
- Merck US Savings Plan $15.0B · 27,956
Penetone/Petron Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside New Jersey, the nearest 401(k) by assets is Meacham & Apel Architects, Inc. 401(k) Profit Sharing Plan in OH ($15M); by covered participants it is Advata 401(k) Plan in TX (50 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($15M here).
Similar participant headcount
Nearest other-state filings by covered participants (50 participants); asset peers above are excluded.
- Advata 401(k) Plan (TX) 50 · 0 off
- Arthritis Center of Nebraska Profit Sharing Plan (NE) 50 · 0 off
- Ignitist, Inc. 401(k) Profit Sharing Plan and Trust (PA) 50 · 0 off
- First National Financial Services 401(k) Plan (MN) 50 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.