401(k) · DOL Form 5500 · 2023

Penny Newman Grain Company, Inc. 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
193
Participants Below avg headcount
74th
Percentile by assets National rank
$112,880
Avg per participant Below avg balance/head
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Official DOL plan name: Penny Newman Grain Company, Inc. Retirement Plan · Sponsored by Penny Newman Grain Company, Inc. · California · Manufacturing

$22M in assets, 193 participants

Penny Newman Grain Company, Inc.'s Penny Newman Grain Company, Inc. Retirement Plan reported $22M in total assets and 193 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.

  • #12,071 in Manufacturing (18,722 peers)

Coverage in California

Penny Newman Grain Company, Inc. Retirement Plan covers 193 participants in California, about 31% of the average California filer (state average ~630 per filing). Assets: $22M.

#12,071
in Manufacturing (18,722 peers)
+24.8%
assets growth YoY

Penny Newman Grain Company, Inc. Retirement Plan's outsized position by total assets

Penny Newman Grain Company, Inc. Retirement Plan vs every filed plan by assets

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

$21,785,791 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

Penny Newman Grain Company, Inc. Retirement 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. Penny Newman Grain Company, Inc. Retirement Plan sits mid-pack in the medium band (193 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Penny Newman Grain Company, Inc. Retirement Plan reported net income rose from $1M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Penny Newman Grain Company, Inc. Retirement Plan end-of-year assets rose from $17M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Penny Newman Grain Company, Inc. Retirement Plan reported participants rose from 169 in the plan year 2022 filing to 193 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 941224870 · Penny Newman Grain Company, Inc. PY 2023 · 401(k)

Penny Newman Grain Company, Inc. Retirement Plan · $22M · 193 · 74th

  • ASSETS $22M
  • ASSETS 193
  • ASSETS 74th
  • ASSETS 401(k)
  • ASSETS near Ludlum Measurements, Inc. 401(k) Plan
  • ASSETS ind #12071

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 California →

Penny Newman Grain Company, Inc. Retirement Plan in the asset neighbourhood

Penny Newman Grain Company, Inc. Retirement PlanPenny Newman Grain Company, …$22MLudlum Measurements, Inc. 401(k) PlanLudlum Measurements, Inc. 40…$22MContinental Aerospace Technologies, Inc. 401(k) PlanContinental Aerospace Techno…$22MOrcutt Winslow 401(k) Savings & Retirement PlanOrcutt Winslow 401(k) Saving…$22MHeacox, Hartman, Koshmrl, Cosgriff & Johnson, P.a. Retirement PlanHeacox, Hartman, Koshmrl, Co…$22M
End-of-year total assets ($M) among Penny Newman Grain Company, Inc. Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$22M
Net Income$4M
Employer EIN941224870
Plan Effective Date1961-08-08
Filing StatusFILING RECEIVED

Sponsor Plan History (Penny Newman Grain Company, Inc.)

Sponsor-wide plan assets over time

All Penny Newman Grain Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$22M 24.795784283955122% vs 2022
2023 filing year
$16M$18M$20M$22M$24M 20222023 $17.5M $21.8M ▲ +24.8%
Year Plans Participants Total Assets
2022 1 169 $17M
2023 1 193 $22M

Nearby 401(k) Plans in California

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

Penny Newman Grain Company, Inc. Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Penny Newman Grain Company, Inc. Retirement Plan, Total assets ($B): 0.021785791 · Participants: 193Penny Newman Grain Company, Inc. Retirement PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Penny Newman Grain Company, Inc. Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants

Penny Newman Grain Company, Inc. Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Ludlum Measurements, Inc. 401(k) Plan in TX ($22M); by covered participants it is Kevin, Inc. Profit Sharing Plan in ME (193 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (193 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 Penny Newman Grain Company, Inc. Retirement Plan assets move in 2023?
Penny Newman Grain Company, Inc. Retirement Plan grew sharply - up 24.8% during 2023, from $17M to $22M. Reported net income was $4M.
How have Penny Newman Grain Company, Inc. plan assets changed over time?
Across 2 plan years on file (2022-2023), Penny Newman Grain Company, Inc.'s sponsor-wide assets grew 24.8%, from $17M to $22M.
Which 401(k) plans are similar in size to Penny Newman Grain Company, Inc. Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Ludlum Measurements, Inc. 401(k) Plan in TX ($22M, 380 participants).
Which 401(k) plans cover a similar participant headcount to Penny Newman Grain Company, Inc. Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Kevin, Inc. Profit Sharing Plan in ME (193 participants, $22M in assets).