401(k) · DOL Form 5500 · 2024

Penco Corporation 401(k) Plan

Data updated 2026-08-25

$36M
Total assets Below avg plan size
300
Participants Below avg headcount
80th
Percentile by assets National rank
$118,469
Avg per participant Near avg balance/head
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Official DOL plan name: 401(k) Savings Plan · Sponsored by Penco Corporation · Connecticut · Manufacturing

$36M in assets, 300 participants

Penco Corporation's 401(k) Savings Plan reported $36M in total assets and 300 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • #12,788 in Manufacturing (17,777 peers)

Coverage in Connecticut

401(k) Savings Plan covers 300 participants in Connecticut, about 42% of the average Connecticut filer (state average ~718 per filing). Assets: $36M.

#12,788
in Manufacturing (17,777 peers)
+14.4%
assets growth YoY
0.4×
vs typical plan assets (national mean)

401(k) Savings Plan's outsized position by total assets

401(k) Savings Plan vs every filed plan by assets

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

$35,540,796 Top 20% higher than 80% 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

401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. 401(k) Savings Plan sits mid-pack in the medium band (300 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 401(k) Savings Plan reported participants rose from 147 in the plan year 2023 filing to 300 in the plan year 2024 filing.
  • 401(k) Savings Plan reported net income fell from $7M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • 401(k) Savings Plan end-of-year assets rose from $31M in the plan year 2023 filing to $36M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 060403810 · Penco Corporation PY 2024 · 401(k)

401(k) Savings Plan · $36M · 300 · 80th

  • EIN $36M
  • RANK 300
  • PHOTO 80th
  • IND 401(k)
  • EOY near Steinberg Hart 401(k) Profit Sharing Plan
  • 5500 ind #12788

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 Connecticut →

401(k) Savings Plan in the asset neighbourhood

401(k) Savings Plan$36MSteinberg Hart 401(k) Profit Sharing PlanSteinberg Hart 401(k) Profit…$36MTomah Health Retirement Plan$36MIconex 401(k) Plan$36MRainey, Kizer, Reviere & Bell 401(k) PlanRainey, Kizer, Reviere & Bel…$36M
End-of-year total assets ($M) among 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Connecticut filing particulars

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$36M
Net Income$4M
Employer EIN060403810
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Penco Corporation)

Sponsor-wide plan assets over time

All Penco Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$146M 26.529755262525% vs 2022
2024 filing year
$110M$120M$130M$140M$150M 202220232024 $115M $146M ▲ +26.5%
Year Plans Participants Total Assets
2022 2 374 $115M
2023 2 403 $129M
2024 2 572 $146M

Nearby 401(k) Plans in Connecticut

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

401(k) Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants 401(k) Savings Plan, Total assets ($B): 0.035540796 · Participants: 300401(k) Savings PlanRtx Savings Plan, Total assets ($B): 58.647425 · Participants: 124876Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 23.241033081 · Participants: 78741Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 7.183243 · Participants: 18614The Hartford Investment and Savings PlanEversource 401(k) Plan, Total assets ($B): 4.046347175 · Participants: 10041Eversource 401(k) PlanXerox Corporation Savings Plan, Total assets ($B): 3.976943 · Participants: 9876Xerox Corporation Savings Plan
401(k) Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare 401(k) Savings Plan side-by-side with 3 peers →

401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Steinberg Hart 401(k) Profit Sharing Plan in CA ($36M); by covered participants it is Vital Plastics, Inc. 401(k) Plan in WI (300 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($36M here).

Similar participant headcount

Nearest other-state filings by covered participants (300 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 401(k) Savings Plan assets move in 2024? ▼
401(k) Savings Plan grew at a solid clip - up 14.4% during 2024, from $31M to $36M. Reported net income was $4M.
How have Penco Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Penco Corporation's sponsor-wide assets grew 26.5%, from $115M to $146M.
Where does 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
401(k) Savings Plan ranks in the 80th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Steinberg Hart 401(k) Profit Sharing Plan in CA ($36M, 118 participants).
Which 401(k) plans cover a similar participant headcount to 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Vital Plastics, Inc. 401(k) Plan in WI (300 participants, N/A 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 060403810.

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.