Plan Snapshot
- Plan Sponsor: Penn Engineering & Mfg. Corp.
- Sponsor EIN: 230951065
- Sponsor Address: 5190 OLD EASTON ROAD, DANBORO, PA, 18916
- Plan Type: DB
- Total Participants: 163
- Total Assets: $19.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 163 | $19.3M | $0 | $0 |
| 2023 | 178 | $21.2M | $6.3M | $0 |
| 2022 | 200 | $16.2M | $1.8M | $0 |
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 |
|---|---|---|---|---|
| WITHUMSMITH+BROWN, PC | Auditor | $4,473 | — | $4,473 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH+BROWN, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,473
- Estimated Expense Ratio: 0.023% of plan assets
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 | $62,390 | $22,500 | — | $4,473 | — |
| 2023 | $465,918 | $45,000 | $20,592 | $30,373 | — |
| 2022 | $455,074 | $63,823 | $19,136 | — | $33,917 |