Penn Engineering & Manufacturing 401(k) match, vesting and fees
What Penn Engineering & Manufacturing's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Voya Retirement Insurance & Annuity | Schedule C ↗ |
| Independent auditor | Withum Smith & Brown PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,619 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.
| Penn Engineering & Manufacturing: employer contribution per participant | $3,158 | |
| Peer median | $2,413 |
| Penn Engineering & Manufacturing: average balance | $124,291 | |
| Peer median | $86,456 |
| Penn Engineering & Manufacturing: admin expenses ÷ assets | 0.24% | |
| Peer median | 0.12% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $147M at the end of plan year 2021 to $164M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,356 | $164M | $4.2M | $3,158 | 0.24% | Not published | Form 5500 ↗ |
| 2023 | 1,262 | $151M | $4.1M | $3,368 | 0.24% | Not published | Form 5500 ↗ |
| 2022 | 1,005 | $121M | $3.6M | $3,760 | 0.23% | Not published | Form 5500 ↗ |
| 2021 | 1,119 | $147M | $4M | $3,700 | 0.24% | Not published | Form 5500 ↗ |
Other Penn Engineering & Manufacturing plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Penn Engineering Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Stone Street Equity | Schedule C ↗ |
| Independent auditor | Withumsmith+brown, PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Penn Engineering & Manufacturing match 401(k) contributions?
The match terms for the Penn Engineering 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $4.2M in employer contributions, about $3,158 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Penn Engineering & Manufacturing 401(k) match vested?
The vesting schedule for the Penn Engineering 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Penn Engineering & Manufacturing 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Voya Retirement Insurance & Annuity. The plan administrator is Penn Engineering & Manufacturing.
I left Penn Engineering & Manufacturing. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Penn Engineering & Manufacturing, (215) 766-8853) or the recordkeeper, Voya Retirement Insurance & Annuity. The Penn Engineering & Manufacturing old 401(k) page lists the contacts from every plan filing. Find an old Penn Engineering & Manufacturing 401(k)
Data from the public Form 5500 annual reports Penn Engineering & Manufacturing filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Penn Engineering & Manufacturing. Not financial advice. Report a correction · Methodology