# Penn Mutual Life Insurance Company 401(k) Plan
Source: https://planprovider.pro/companies/penn-mutual-life-insurance-company-401k-plan-008

> Penn Mutual Life Insurance Company's 401(k) plan: 1,060 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Penn Mutual Life Insurance Company

- **Sponsor EIN:** 230952300

- **Sponsor Address:** 600 DRESHER ROAD, HORSHAM, PA, 190442204

- **Plan Type:** 401(k)

- **Total Participants:** 1,060

- **Total Assets:** $489.8M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **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|1,060|$489.8M|$13.7M|$10.7M|

| 2023|1,006|$400.6M|$10.4M|$10.2M|

| 2022|1,018|$346.3M|$9.9M|$9.7M|

## 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|

| TRANSAMERICA RETIREMENT SOLUTIONS|RECORDKEEPER|$113,826|—|$113,826|

| JOHNSON LAMBERT LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [TRANSAMERICA RETIREMENT SOLUTIONS](https://planprovider.pro/provider/transamerica) — RECORDKEEPER

- [JOHNSON LAMBERT LLP](https://planprovider.pro/provider/johnson-lambert-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $113,826

- **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|$91,612|—|—|—|—|

| 2023|$100,078|—|—|—|—|

| 2022|$92,123|—|—|—|—|

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