Plan Snapshot
- Plan Sponsor: Penn Manufacturing Industries INC.
- Sponsor EIN: 232049949
- Sponsor Address: 506 STUMP ROAD, MONTGOMERYVILLE, PA, 18936
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 63
- Total Assets: $260,551
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. |
|---|---|---|---|---|
| 2025 | 63 | $260,551 | $0 | $0 |
| 2024 | 61 | $126,441 | $1.1M | $337,573 |
| 2023 | 68 | $70,616 | $1.2M | $37,265 |
| 2022 | 87 | $51,053 | $1.1M | $410,261 |
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 |
|---|---|---|---|---|
| ONEDIGITAL (PHILADELPHIA) | Investment Advisor | $32,168 | — | $32,168 |
| INDEPENDENCE ADMINISTRATORS (IA) | Other Service Provider | $22,516 | — | $22,516 |
| THE BENECON GROUP | Investment Advisor | $17,886 | — | $17,886 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,570
- Estimated Expense Ratio: 27.853% 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 |
|---|---|---|---|---|---|
| 2025 | $1,229,144 | — | — | — | — |
| 2024 | $1,407,448 | — | — | — | — |
| 2023 | $1,093,816 | — | — | — | — |
| 2022 | $1,899,106 | — | — | — | — |