Penn United Technologies, Inc.ESOP
PENN UNITED TECHNOLOGIES, INC. EMPLOYEE STOCK OWNERSHIP PLAN · CABOT, PA · plan year 2023
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Penn United Technologies, Inc. reported $10,136 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,559 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 2 years on file its reported administrative ratio rose from 0.006% to 0.008%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 346th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,387th of 13,661 in manufacturing.
Penn United Technologies, Inc.'s 2023 employer contribution ran below the $3,659 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 251215115 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.