ESOP · DOL Form 5500 · 2024
Penn United Technologies, Inc. ESOP
Data updated 2026-07-24
- $141M
- Total assets
- 69
- Participants
- 93rd
- Percentile by assets
- $2.0M
- Avg per participant
Official DOL plan name: Penn United Technologies, Inc. Employee Stock Ownership Plan · Sponsored by Penn United Technologies, Inc. · Pennsylvania · Manufacturing
$141M in assets, 69 participants
Penn United Technologies, Inc.'s Penn United Technologies, Inc. Employee Stock Ownership Plan reported $141M in total assets and 69 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 116,472 plans)
Where Penn United Technologies, Inc. Employee Stock Ownership Plan sits by assets
Penn United Technologies, Inc. Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $141M for 69 participants (~$2.0M/participant), down 8.8% in 2024.
- $141M
- total plan assets (2024 EOY)
- 69
- covered participants
- 93rd
- percentile by assets (of 116,472 plans)
- $2.0M
- avg assets per participant
The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Penn United Technologies, Inc. Employee Stock Ownership Plan reported net income fell from $2M in the plan year 2023 filing to -$11M in the plan year 2024 filing.
- Penn United Technologies, Inc. Employee Stock Ownership Plan reported participants fell from 709 in the plan year 2023 filing to 69 in the plan year 2024 filing.
- Penn United Technologies, Inc. Employee Stock Ownership Plan end-of-year assets fell from $155M in the plan year 2023 filing to $141M in the plan year 2024 filing.
Penn United Technologies, Inc. Employee Stock Ownership Plan vs the 2024 asset distribution
By assets, Penn United Technologies, Inc. Employee Stock Ownership Plan outranks 93% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.4x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $155M |
|---|---|
| Net Assets (End of Year) | $141M |
| Net Income | -$11M |
| Employer EIN | 251215115 |
| Plan Effective Date | 1973-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Penn United Technologies, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,489 | $232M |
| 2023 | 2 | 1,480 | $246M |
| 2024 | 2 | 806 | $236M |
Nearby ESOP Plans in Pennsylvania
Peer ESOP plans, same state, same plan type, ranked by total assets.
Penn United Technologies, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
- Wawa, Inc. Employee Stock Ownership Plan $5.5B · 37,745
- Bradford White Corporation Employee Stock Ownership Plan and Trust Agreement $1.8B · 544
- Centimark Corporation Employee Stock Ownership Plan and Trust $680M · 2,444
- D & H Employee Stock Ownership Plan $314M · 1,459
- Newage Industries, Inc. Employee Stock Ownership Plan $296M · 264
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Penn United Technologies, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Penn United Technologies, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
How have Penn United Technologies, Inc. plan assets changed over time? ▼
Where does Penn United Technologies, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Penn United Technologies, Inc. Employee Stock Ownership Plan? ▼
Next read for Penn United Technologies, Inc. Employee …
Scale reading
Ways to act on Penn United Technologies, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Penn United Technologies, Inc. Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Pennsylvania. Compare plans
- Penn United Technologies, Inc.'s sponsor-wide assets have grown 1.9% 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 251215115.
Read our methodology - how this data is sourced, computed, and verified.