H.O. Penn 401(K) & Profit Sharing Plan And Trust — Form 5500 plan (H.O. Penn Machinery Company, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, H.O. Penn 401(K) & Profit Sharing Plan And Trust is a benefit plan reported by H.O. Penn Machinery Company, Inc. under EIN 13-1158790 and plan number 005. The latest loaded filing year is 2023. The filing reports 307 participants and $82,633,196 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
H.O. Penn Machinery Company, Inc.
EIN
13-1158790
Plan number
005
Plan type
2
Location
Poughkeepsie, NY
Latest filing year
2023
Participants
307
End-of-year plan assets
$82,633,196

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023307H, C20241004145809NAL0005782435001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$82,633,196
Total liabilities (EOY)
$0
Net assets (EOY)
$82,633,196
Net assets (BOY)
$74,859,111

Income & contributions

Employer contributions
$805,817
Participant contributions
$2,985,477
Total contributions
$3,819,654
Total income / additions
$15,468,154

Expenses & distributions

Benefits paid
$7,718,209
Administrative expenses
-$24,140
Total expenses
$7,694,069
Net increase / (decrease)
$7,774,085

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
CaptrustCONSULTANT$17,161not reported in the loaded dataset2023
Strategic Advisors, Inc.ADVISOR$14,824not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER-$57,100$02023

Related Form 5500 pages