401(k) · DOL Form 5500 · 2024

Penn a Kem LLC 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
166
Participants Small participant base
74th
Percentile by assets National rank
$150,436
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Pennakem Employees' Savings Plan · Sponsored by Penn a Kem LLC · Tennessee · Manufacturing

$25M in assets, 166 participants

Penn a Kem LLC's Pennakem Employees' Savings Plan reported $25M in total assets and 166 participants in its 2024 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.

  • #11,505 in Manufacturing (17,777 peers)

Coverage in Tennessee

Pennakem Employees' Savings Plan covers 166 participants in Tennessee, about 15% of the average Tennessee filer (state average ~1,126 per filing). Assets: $25M.

#11,505
in Manufacturing (17,777 peers)
+11.5%
assets growth YoY

Pennakem Employees' Savings Plan's outsized position by total assets

Pennakem Employees' Savings Plan vs every filed plan by assets

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

$24,972,391 Top 26% higher than 74% 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

Pennakem Employees' 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. Pennakem Employees' Savings Plan sits mid-pack in the medium band (166 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Pennakem Employees' Savings Plan reported net income rose from -$738K in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Pennakem Employees' Savings Plan end-of-year assets rose from $22M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • Pennakem Employees' Savings Plan reported participants rose from 160 in the plan year 2023 filing to 166 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 262770135 · Penn a Kem LLC PY 2024 · 401(k)

Pennakem Employees' Savings Plan · $25M · 166 · 74th

  • IND $25M
  • IND 166
  • IND 74th
  • IND 401(k)
  • IND near Watkins, Ward & Stafford, PLLC 401(k) Salary Savings Plan
  • IND ind #11505

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 Tennessee →

Pennakem Employees' Savings Plan in the asset neighbourhood

Yates Insurance Agency, Inc. Profit Sharing PlanYates Insurance Agency, Inc.…$25MPennakem Employees' Savings PlanPennakem Employees' Savings …$25MWatkins, Ward & Stafford, PLLC 401(k) Salary Savings PlanWatkins, Ward & Stafford, PL…$25MThomas Howell Ferguson, P.a. 401(k) PlanThomas Howell Ferguson, P.a.…$25MMarkey's Audio-Visual 401(k) PlanMarkey's Audio-Visual 401(k)…$25M
End-of-year total assets ($M) among Pennakem Employees' Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Tennessee filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$25M
Net Income$3M
Employer EIN262770135
Plan Effective Date2008-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Penn a Kem LLC)

Sponsor-wide plan assets over time

All Penn a Kem LLC plans reported in each filing year

Latest sponsor-wide plan assets
$25M 7.097279449189287% vs 2022
2024 filing year
$22M$23M$24M$25M$26M 202220232024 $23.3M $25M ▲ +7.1%
Year Plans Participants Total Assets
2022 1 157 $23M
2023 1 160 $22M
2024 1 166 $25M

Nearby 401(k) Plans in Tennessee

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

Pennakem Employees' Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Pennakem Employees' Savings Plan, Total assets ($B): 0.024972391 · Participants: 166Pennakem Employees' Savings PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 25.378065969 · Participants: 113079Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 23.821303026 · Participants: 307086Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 5.306930367 · Participants: 5830Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.993858777 · Participants: 12564International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.778242011 · Participants: 59441Chs/Community Health Systems, Inc. Retirement Savings Plan
Pennakem Employees' Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Pennakem Employees' Savings Plan side-by-side with 3 peers →

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

Outside Tennessee, the nearest 401(k) by assets is Watkins, Ward & Stafford, PLLC 401(k) Salary Savings Plan in MS ($25M); by covered participants it is Awesome 401(k) Plan in CA (166 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (166 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 Pennakem Employees' Savings Plan assets move in 2024? ▼
Pennakem Employees' Savings Plan grew at a solid clip - up 11.5% during 2024, from $22M to $25M. Reported net income was $3M.
How have Penn a Kem LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Penn a Kem LLC's sponsor-wide assets grew 7.1%, from $23M to $25M.
Which 401(k) plans are similar in size to Pennakem Employees' Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Watkins, Ward & Stafford, PLLC 401(k) Salary Savings Plan in MS ($25M, 125 participants).
Which 401(k) plans cover a similar participant headcount to Pennakem Employees' Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Awesome 401(k) Plan in CA (166 participants, $43M 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 262770135.

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.