# Penetone Corporation 401(k) Plan
Source: https://planprovider.pro/companies/penetone-corporation-401k-plan

> Penetone Corporation's 401(k) plan: 42 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

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

| 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|

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