401(k) · DOL Form 5500 · 2024

Penn Engineering & Manufacturing 401(k) Plan

Data updated 2026-08-11

$164M
Total assets
914
Participants
93rd
Percentile by assets
$179,501
Avg per participant
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Official DOL plan name: Penn Engineering 401(k) Plan · Sponsored by Penn Engineering & Manufacturing · Pennsylvania · Manufacturing

$164M in assets, 914 participants

Penn Engineering & Manufacturing's Penn Engineering 401(k) Plan reported $164M in total assets and 914 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 123,622 plans)
  • #16,023 in Manufacturing (17,777 peers)

Where Penn Engineering 401(k) Plan sits by assets

Penn Engineering 401(k) Plan sits in the top 10% of all filed plans by assets, $164M for 914 participants (~$179,501/participant), up 8.5% in 2024.

$164M
total plan assets (2024 EOY)
914
covered participants
93rd
percentile by assets (of 123,622 plans)
$179,501
avg assets per participant

Where Penn Engineering 401(k) Plan sits by total assets

Penn Engineering 401(k) Plan vs every filed plan by assets

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

$164,063,899 Top 7% higher than 93% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Penn Engineering 401(k) Plan reported net income fell from $24M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Penn Engineering 401(k) Plan reported participants rose from 807 in the plan year 2023 filing to 914 in the plan year 2024 filing.
  • Penn Engineering 401(k) Plan end-of-year assets rose from $151M in the plan year 2023 filing to $164M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Pennsylvania
Industry
Manufacturing

Penn Engineering 401(k) Plan vs the 2024 asset distribution

By assets, Penn Engineering 401(k) Plan outranks 93% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$151M
Net Assets (End of Year)$164M
Net Income$13M
Employer EIN230951065
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Penn Engineering & Manufacturing)

$120M$140M$160M$180M$200M 202220232024 $138M $183M ▲ +33.3%
Total plan assets by year, all Penn Engineering & Manufacturing plans on file
Year Plans Participants Total Assets
2022 2 987 $138M
2023 2 1,007 $172M
2024 2 1,092 $183M

Nearby 401(k) Plans in Pennsylvania

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

Penn Engineering 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Penn Engineering 401…, Total assets ($B): 0.164063899 · Participants: 914Penn Engineering 401…Comcast Corporation …, Total assets ($B): 19.687957793 · Participants: 90495Comcast Corporation …The Cigna Group 401(…, Total assets ($B): 14.20308608 · Participants: 63634The Cigna Group 401(…The Vanguard Retirem…, Total assets ($B): 11.084818612 · Participants: 18066The Vanguard Retirem…Thermo Fisher Scient…, Total assets ($B): 10.263366209 · Participants: 36150Thermo Fisher Scient…The PNC Financial Se…, Total assets ($B): 10.189629 · Participants: 54604The PNC Financial Se…
Penn Engineering 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Penn Engineering 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Penn Engineering 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Penn Engineering 401(k) Plan assets move in 2024? ▼
Penn Engineering 401(k) Plan grew at a solid clip - up 8.5% during 2024, from $151M to $164M. Reported net income was $13M.
How have Penn Engineering & Manufacturing plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Penn Engineering & Manufacturing's sponsor-wide assets grew 33.3%, from $138M to $183M.
Where does Penn Engineering 401(k) Plan rank by assets among Form 5500 filers? ▼
Penn Engineering 401(k) Plan ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Penn Engineering 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Synthomer Savings Plan in OH ($164M, 828 participants).

Next read for Penn Engineering 401(k) Plan

Scale reading

Ways to act on Penn Engineering 401(k) Plan's numbers.

  • By total assets, Penn Engineering 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
  • Penn Engineering & Manufacturing's sponsor-wide assets have grown 33.3% since 2022 across 3 plan years on file. More Manufacturing plans

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 230951065.

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.