Plan Snapshot
- Plan Sponsor: H.O. Penn Machinery Company, INC.
- Sponsor EIN: 131158790
- Sponsor Address: 122 NOXON ROAD, POUGHKEEPSIE, NY, 12603
- Plan Type: 401(k)
- Total Participants: 264
- Total Assets: $90.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 264 | $90.5M | $800,933 | $3.0M |
| 2023 | 246 | $82.6M | $805,817 | $3.0M |
| 2022 | 235 | $74.9M | $791,806 | $2.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| APRIO, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- APRIO, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | -$26,845 | $27,117 | — | — | — |
| 2023 | -$24,140 | $14,824 | $1,200 | — | — |
| 2022 | $2,932 | $5,467 | — | — | — |