Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Penn Engineering & Manufacturing
Penn Engineering & Manufacturing 401(k)
- Manufacturing
- Danboro, PA
- EIN 23-0951065
- 1 plan with Schedule H financials
- Plan year 2024
- SEC registrant Penn Engineering & Manufacturing Corp
Administrative expenses excluding investment management, per participant · Penn Engineering 401(k) Plan · plan year 2024
$192.27
Higher than 84% of the 8,758 plans $50 to 250M that report it.
Source
= $253,799 / 1,320
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013151131NAL0000750563001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013151131NAL0000750563001, received 2025-10-13
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-13.
Cost and contributions
Administrative expenses per participant
$292.31
Higher than 85% of the 9,042 plans $50 to 250M that report it.
Source
= $385,853 / 1,320
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013151131NAL0000750563001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013151131NAL0000750563001, received 2025-10-13
Administrative expenses as a share of assets
0.235%
Higher than 77% of the 9,049 plans $50 to 250M that report it.
Source
= $385,853 / $164,063,899
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013151131NAL0000750563001, received 2025-10-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013151131NAL0000750563001, received 2025-10-13
Employer contributions per participant
$3,158
Higher than 58% of the 9,105 plans $50 to 250M that report it.
Source
= $4,168,932 / 1,320
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013151131NAL0000750563001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013151131NAL0000750563001, received 2025-10-13
Employer share of total contributions
36.1%
Higher than 69% of the 9,112 plans $50 to 250M that report it.
Source
= $4,168,932 / $11,561,476
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013151131NAL0000750563001, received 2025-10-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013151131NAL0000750563001, received 2025-10-13
Plan terms, as stated in Penn Engineering & Manufacturing's SEC filings
Plan terms are described in Penn Engineering & Manufacturing's SEC filings: Form 10-K filed 2005-03-16. No term could be quoted from them with the required precision.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251013151131NAL0000750563001, received 2025-10-13
Full record, Penn Engineering 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | PENN ENGINEERING & MANUFACTURING | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Plan name | PENN ENGINEERING 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Sponsor EIN / plan number | 23-0951065 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Sponsor location | DANBORO, PA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Industry (business code) | 339900, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Filing received | 2025-10-13 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Participants, beginning of year | 1,262 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Active participants | 900 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Participants, end of year | 1,356 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Participants with an account balance | 1,320 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Total assets, beginning of year | $151,189,340 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Total assets, end of year | $164,063,899 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Net assets, end of year | $164,063,899 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Total income | $31,467,283 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Net income | $12,874,559 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Employer contributions | $4,168,932 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Participant contributions | $6,018,273 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Other contributions (incl. rollovers) | $1,374,271 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Total contributions | $11,561,476 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Benefit payments | $18,202,118 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Total expenses (incl. benefit payments) | $18,592,724 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Total administrative expenses | $385,853 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Contract administrator fees | $249,799 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Investment advisory and management fees | $132,054 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Administrative expenses excluding investment management | $253,799 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Held in mutual funds | $151,668,148 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251013151131NAL0000750563001, received 2025-10-13 |
| Independent auditor | WITHUM SMITH & BROWN PC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251013151131NAL0000750563001, received 2025-10-13 |
Position = column in the DOL layout for form year 2024. Filing 20251013151131NAL0000750563001, received 2025-10-13.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| RESOURCES INV. ADV. FCT STONE ST | SERVICE PROVIDER | 99 Other fees | $125,854 | no |
| WITHUM SMITH BROWN | SERVICE PROVIDER | 99 Other fees | $5,200 | no |
| VOYA RETIREMENT INSURANCE & ANNUITYrecordkeeper | SERVICE PROVIDER | 64 Recordkeeping fees; 99 Other fees | $1,000 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251013151131NAL0000750563001, received 2025-10-13.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $151,189,340 | $164,063,899 | 8.5% |
| Participants with a balance | 1,222 | 1,320 | 8.0% |
| Administrative expenses | $324,982 | $385,853 | 18.7% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $4,115,311 | $4,168,932 | 1.3% |
Prior filing 20241015085049NAL0014270659001, received 2024-10-15; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: PENN ENGINEERING & MANUFACTURING; SEC registrant: PENN ENGINEERING & MANUFACTURING CORP (CIK 77106, matched by EIN).