Plan Snapshot
- Plan Sponsor: Penetone Corporation
- Sponsor EIN: 222102790
- Sponsor Address: 375 MURRAY HILL PARKWAY, EAST RUTHERFORD, NJ, 07073
- Plan Type: 401(k)
- Total Participants: 42
- Total Assets: $14.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 42 | $14.7M | $218,019 | $526,164 |
| 2023 | 50 | $17.3M | $236,833 | $616,273 |
| 2022 | 52 | $14.4M | $235,838 | $566,279 |