Penetone Corporation 401(k) Plan

Form 5500 filing data for plan year 2024.

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

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
202442$14.7M$218,019$526,164
202350$17.3M$236,833$616,273
202252$14.4M$235,838$566,279

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