401(k) · DOL Form 5500 · 2024

Penn Engineering & Manufacturing 401(k) Plan

Data updated 2026-08-25

$164M
Total assets Near avg plan size
914
Participants Near avg headcount
93rd
Percentile by assets National rank
$179,501
Avg per participant Above avg balance/head
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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.

  • #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.

#16,023
in Manufacturing (17,777 peers)
+8.5%
assets growth YoY
1.6×
vs typical plan assets (national mean)

Penn Engineering 401(k) Plan's outsized position 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 $2,050,000,000 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

Penn Engineering 401(k) 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. Penn Engineering 401(k) Plan sits mid-pack in the medium band (914 participants).

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 →

DOL schedule card

Filing strip 230951065 · Penn Engineering & Manufacturing PY 2024 · 401(k)

Penn Engineering 401(k) Plan · $164M · 914 · 93rd

  • PHOTO $164M
  • IND 914
  • EOY 93rd
  • 5500 401(k)
  • ASSETS near Synthomer Savings Plan
  • PCT ind #16023

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 Pennsylvania →

Penn Engineering 401(k) Plan in the asset neighbourhood

Darigold, Inc. 401(k) Savings PlanDarigold, Inc. 401(k) Saving…$164MEdp Renewables North America LLC 401(k) Retirement Savings PlanEdp Renewables North America…$164MPenn Engineering 401(k) Plan$164MSynthomer Savings Plan$164MPenske Motor Group, LLC 401(k) Savings PlanPenske Motor Group, LLC 401(…$164M
End-of-year total assets ($M) among Penn Engineering 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

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)

Sponsor-wide plan assets over time

All Penn Engineering & Manufacturing plans reported in each filing year

Latest sponsor-wide plan assets
$183M 33.26547835398494% vs 2022
2024 filing year
$120M$140M$160M$180M$200M 202220232024 $138M $183M ▲ +33.3%
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 ($B) Participants Penn Engineering 401(k) Plan, Total assets ($B): 0.164063899 · Participants: 914Penn Engineering 401(k) 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
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 →

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

Outside Pennsylvania, the nearest 401(k) by assets is Synthomer Savings Plan in OH ($164M); by covered participants it is Res 401(k) Plan in TX (914 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($164M here).

Similar participant headcount

Nearest other-state filings by covered participants (914 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 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).
Which 401(k) plans cover a similar participant headcount to Penn Engineering 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Res 401(k) Plan in TX (914 participants, $68M 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 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.