401(k) · DOL Form 5500 · 2024

Penn Mutual Life Insurance Company 401(k) Plan

Data updated 2026-08-25

$490M
Total assets Above avg plan size
1,006
Participants Near avg headcount
97th
Percentile by assets National rank
$486,875
Avg per participant High balance/head
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Official DOL plan name: The Penn Mutual Retirement & Savings Plan · Sponsored by Penn Mutual Life Insurance Company · Pennsylvania · Finance & Insurance

$490M in assets, 1,006 participants

Penn Mutual Life Insurance Company's The Penn Mutual Retirement & Savings Plan reported $490M in total assets and 1,006 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • #8,116 in Finance & Insurance (8,549 peers)

Where The Penn Mutual Retirement & Savings Plan sits by assets

The Penn Mutual Retirement & Savings Plan sits in the top 5% of all filed plans by assets, $490M for 1,006 participants (~$486,875/participant), up 22.3% in 2024.

#8,116
in Finance & Insurance (8,549 peers)
+22.3%
assets growth YoY
4.9×
vs typical plan assets (national mean)

The Penn Mutual Retirement & Savings Plan's outsized position by total assets

The Penn Mutual Retirement & Savings Plan vs every filed plan by assets

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

$489,796,084 Top 3% higher than 97% 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

The Penn Mutual Retirement & Savings Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Penn Mutual Retirement & Savings Plan lands in the large band (1,006 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Penn Mutual Retirement & Savings Plan reported net income fell from $54M in the plan year 2023 filing to $21M in the plan year 2024 filing.
  • The Penn Mutual Retirement & Savings Plan end-of-year assets rose from $401M in the plan year 2023 filing to $490M in the plan year 2024 filing.
  • The Penn Mutual Retirement & Savings Plan reported participants fell from 1,018 in the plan year 2023 filing to 1,006 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 230952300 · Penn Mutual Life Insurance Company PY 2024 · 401(k)

The Penn Mutual Retirement & Savings Plan · $490M · 1,006 · 97th

  • ASSETS $490M
  • PCT 1,006
  • EIN 97th
  • RANK 401(k)
  • PHOTO near Mott Macdonald 401(k) Plan
  • IND ind #8116

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 Finance & Insurance retirement plans → · Plans in Pennsylvania →

The Penn Mutual Retirement & Savings Plan in the asset neighbourhood

Digi-Key Corporation 401(k) Profit Sharing PlanDigi-Key Corporation 401(k) …$491MChildren's Hospital Pediatric Associates, Inc. 401(k) Profit Sharing PlanChildren's Hospital Pediatri…$490MThe Penn Mutual Retirement & Savings PlanThe Penn Mutual Retirement &…$490MMott Macdonald 401(k) Plan$489MCruise, LLC Retirement Trust$489M
End-of-year total assets ($M) among The Penn Mutual Retirement & Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$401M
Net Assets (End of Year)$490M
Net Income$21M
Employer EIN230952300
Plan Effective Date1977-04-04
Filing StatusFILING RECEIVED

Sponsor Plan History (Penn Mutual Life Insurance Company)

Sponsor-wide plan assets over time

All Penn Mutual Life Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$652M 3.3861710047136486% vs 2022
2024 filing year
$600M$650M$700M$750M$800M 202220232024 $675M $652M ▼ -3.4%
Year Plans Participants Total Assets
2022 4 2,197 $675M
2023 4 2,215 $760M
2024 5 2,214 $652M

Nearby 401(k) Plans in Pennsylvania

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

The Penn Mutual Retirement & Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants The Penn Mutual Retirement & Savings Plan, Total assets ($B): 0.489796084 · Participants: 1006The Penn Mutual Retirement & Savings PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 19.687957793 · Participants: 90495Comcast Corporation Retirement - Investment PlanThe Cigna Group 401(k) Plan, Total assets ($B): 14.20308608 · Participants: 63634The Cigna Group 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 11.084818612 · Participants: 18066The Vanguard Retirement and Savings PlanThermo Fisher Scientific Inc. 401(k) Retirement Plan, Total assets ($B): 10.263366209 · Participants: 36150Thermo Fisher Scientific Inc. 401(k) Retirement PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 10.189629 · Participants: 54604The PNC Financial Services Group, Inc. Incentive Savings Plan
The Penn Mutual Retirement & Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare The Penn Mutual Retirement & Savings Plan side-by-side with 3 peers →

The Penn Mutual Retirement & Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Mott Macdonald 401(k) Plan in NJ ($489M); by covered participants it is Andretti Petroleum Group Retirement Savings Plan in OR (1,006 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($490M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,006 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 The Penn Mutual Retirement & Savings Plan assets move in 2024? ▼
The Penn Mutual Retirement & Savings Plan grew sharply - up 22.3% during 2024, from $401M to $490M. Reported net income was $21M.
How have Penn Mutual Life Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Penn Mutual Life Insurance Company's sponsor-wide assets declined 3.4%, from $675M to $652M.
Where does The Penn Mutual Retirement & Savings Plan rank by assets among Form 5500 filers? ▼
The Penn Mutual Retirement & Savings Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to The Penn Mutual Retirement & Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mott Macdonald 401(k) Plan in NJ ($489M, 2,229 participants).
Which 401(k) plans cover a similar participant headcount to The Penn Mutual Retirement & Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Andretti Petroleum Group Retirement Savings Plan in OR (1,006 participants, $36K 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 230952300.

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.