East Penn Manufacturing Co. 401(k) Review & Grade
East Penn Manufacturing Co. 401(k) Savings Plan
Lyon Station, PAManufacturing9,900 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,726Employer $ per active participant
$2,104Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$729.0MNet plan assets, end of year
$69,590Average balance per account
Score breakdown
- Employer generosity11.4 / 5023th percentile for employer $ per participant
- Low cost20.3 / 2581th percentile for low admin cost vs. same-size plans
- Employee saving1.3 / 158th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score43 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 23th |
| Lower admin cost | 81th |
| Employee saving | 8th |
| Peers that auto-enroll | 70% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- East Penn Manufacturing put in about $1,726 per active participant, below the typical peer ($3,452). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $17,085,486 |
| Participant (employee) contributions | $20,826,376 |
| Other contributions (incl. rollovers in) | $1,608,948 |
| Administrative expenses paid from the plan | $316,237 |
| Contract administrator fees | $316,237 |
| Benefits paid out | $50,207,930 |
| Net assets, start / end of year | $694.5M / $729.0M |
| Active participants, start / end of year | 9,841 / 9,960 |
| Participants with account balances | 10,476 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | RKL LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $352,337 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015145650NAL0002498179001, received 2025-10-15, EIN 23-1315454, plan #001, plan year 2024-06-01 to 2024-12-31. Verify at efast.dol.gov.