401(k) · DOL Form 5500 · 2024

Penna Powers, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
47
Participants Small participant base
50th
Percentile by assets National rank
$158,679
Avg per participant Above avg balance/head
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Official DOL plan name: Penna Powers, Inc. 401(k) Plan · Sponsored by Penna Powers, Inc. · Utah · Professional & Technical Services

$7M in assets, 47 participants

Penna Powers, Inc.'s Penna Powers, Inc. 401(k) Plan reported $7M in total assets and 47 participants in its 2024 DOL Form 5500 filing, ranking in the 50th 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.

  • #9,623 in Professional & Technical Services (20,173 peers)

Penna Powers, Inc. multi-year trail

Penna Powers, Inc.'s plans moved +26.5% in assets from 2022 to 2024; this filing shows Penna Powers, Inc. 401(k) Plan at $7M / 47 participants.

#9,623
in Professional & Technical Services (20,173 peers)
+21.5%
assets growth YoY

Penna Powers, Inc. 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Penna Powers, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$7,457,927 Top 50% higher than 50% of 123,620 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 2024

Penna Powers, Inc. 401(k) 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. Penna Powers, Inc. 401(k) Plan is a small filing (47 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Penna Powers, Inc. 401(k) Plan reported net income rose from $242K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Penna Powers, Inc. 401(k) Plan end-of-year assets rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Penna Powers, Inc. 401(k) Plan reported participants fell from 49 in the plan year 2023 filing to 47 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 870410756 · Penna Powers, Inc. PY 2024 · 401(k)

Penna Powers, Inc. 401(k) Plan · $7M · 47 · 50th

  • EOY $7M
  • EOY 47
  • EOY 50th
  • EOY 401(k)
  • EOY near Faith in Action Network 401(k) Plan
  • EOY ind #9623

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 Professional & Technical Services retirement plans → · Plans in Utah →

Penna Powers, Inc. 401(k) Plan in the asset neighbourhood

Penna Powers, Inc. 401(k) PlanPenna Powers, Inc. 401(k) Pl…$7MFaith in Action Network 401(k) PlanFaith in Action Network 401(…$7MUS Mortgage Corporation 401(k) Profit Sharing Plan & TrustUS Mortgage Corporation 401(…$7MCoast Pump 401(k) Plan$7MTalen, Inc. Employee Stock Ownership and 401(k) PlanTalen, Inc. Employee Stock O…$7M
End-of-year total assets ($M) among Penna Powers, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Penna Powers, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Penna Powers, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 26.46909845371445% vs 2022
2024 filing year
$5.5M$6M$6.5M$7M$7.5M$8M 202220232024 $5.9M $7.46M ▲ +26.4%
Year Plans Participants Total Assets
2022 1 43 $6M
2023 1 49 $6M
2024 1 47 $7M

Penna Powers, Inc. filing trail (2024)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$1M
Employer EIN870410756
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Utah

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

Penna Powers, Inc. 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Penna Powers, Inc. 401(k) Plan, Total assets ($B): 0.007457927 · Participants: 47Penna Powers, Inc. 401(k) PlanIntermountain Health 401(k) Plan, Total assets ($B): 6.832891 · Participants: 68360Intermountain Health 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 6.145738842 · Participants: 25301Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.885575832 · Participants: 9972Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.420052359 · Participants: 14259Skywest, Inc. Employees' Retirement PlanRio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan, Total assets ($B): 0.686992924 · Participants: 1926Rio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan
Penna Powers, Inc. 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants
Compare Penna Powers, Inc. 401(k) Plan side-by-side with 3 peers →

Penna Powers, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Faith in Action Network 401(k) Plan in CA ($7M); by covered participants it is Carl Marks & Co., Inc Retirement Savings Plan in NY (47 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (47 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Penna Powers, Inc. 401(k) Plan assets move in 2024? ▼
Penna Powers, Inc. 401(k) Plan grew sharply - up 21.5% during 2024, from $6M to $7M. Reported net income was $1M.
How have Penna Powers, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Penna Powers, Inc.'s sponsor-wide assets grew 26.5%, from $6M to $7M.
Which 401(k) plans are similar in size to Penna Powers, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Faith in Action Network 401(k) Plan in CA ($7M, 48 participants).
Which 401(k) plans cover a similar participant headcount to Penna Powers, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Carl Marks & Co., Inc Retirement Savings Plan in NY (47 participants, $35M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 870410756.

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.