401k Record

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Penn Mutual Life Insurance 401(k)

Recordkeeping fees per participant · largest plan, The Penn Mutual Retirement & Savings Plan · plan year 2024

$52.99

Higher than 54% of the 1,697 plans $250M to 1B that report it.

Source

= $91,612 / 1,729
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013141326NAL0002145472001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013141326NAL0002145472001, received 2025-10-13

10th: $11.56median $49.9890th: $89.63

Percentiles compare this plan with the Schedule H plans $250M to 1B 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.

Largest plan, all six figures: The Penn Mutual Retirement & Savings Plan

Recordkeeping fees per participantheadline

$52.99

10th: $11.56median $49.9890th: $89.63

Higher than 54% of the 1,697 plans $250M to 1B that report it.

Source

= $91,612 / 1,729
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013141326NAL0002145472001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013141326NAL0002145472001, received 2025-10-13

Administrative expenses excluding investment management, per participant

$52.99

10th: $18.52median $67.2190th: $147.71

Higher than 35% of the 2,324 plans $250M to 1B that report it.

Source

= $91,612 / 1,729
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013141326NAL0002145472001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013141326NAL0002145472001, received 2025-10-13

Administrative expenses per participant

$52.99

10th: $27.95median $88.2590th: $203.68

Higher than 23% of the 2,405 plans $250M to 1B that report it.

Source

= $91,612 / 1,729
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013141326NAL0002145472001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013141326NAL0002145472001, received 2025-10-13

Administrative expenses as a share of assets

0.019%

10th: 0.018%median 0.073%90th: 0.183%

Higher than 11% of the 2,407 plans $250M to 1B that report it.

Source

= $91,612 / $489,796,084
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013141326NAL0002145472001, received 2025-10-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013141326NAL0002145472001, received 2025-10-13

Employer contributions per participant

$7,901

10th: $1,169median $3,07390th: $8,346

Higher than 89% of the 2,457 plans $250M to 1B that report it.

Source

= $13,661,156 / 1,729
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013141326NAL0002145472001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013141326NAL0002145472001, received 2025-10-13

Employer share of total contributions

46.4%

10th: 17.5%median 31.1%90th: 48.7%

Higher than 87% of the 2,459 plans $250M to 1B that report it.

Source

= $13,661,156 / $29,430,419
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013141326NAL0002145472001, received 2025-10-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013141326NAL0002145472001, received 2025-10-13

Plan terms, as stated in Penn Mutual Life Insurance Company's SEC filings

Plan terms are not published in public filings.

Plans sponsored

PlanAssetsParticipants with a balanceHeadlineYear
The Penn Mutual Retirement & Savings Plan$489,796,0841,729 $52.99 recordkeeping fees per participant2024
Penn Mutual Agents' 401(k) Plan$75,149,636978 $58.22 recordkeeping fees per participant2024

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Sponsor name as filed: PENN MUTUAL LIFE INSURANCE COMPANY; SEC registrant: PENN MUTUAL VARIABLE ANNUITY ACCOUNT III (CIK 702184, matched by EIN).