The Pennrose Companies, LLC 401(k) Review & Grade
Pennrose Management Company 401(k) Profit Sharing Plan
Philadelphia, PAReal Estate & Rental534 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,292Employer $ per active participant
$4,218Employee $ saved per active participant
0.57%Direct admin cost, % of plan assets
$19.0MNet plan assets, end of year
$33,032Average balance per account
Score breakdown
- Employer generosity25.2 / 5050th percentile for employer $ per participant
- Low cost4.8 / 2519th percentile for low admin cost vs. same-size plans
- Employee saving8.6 / 1557th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score49 / 100 · Grade C
This plan vs. peers
Peers: Real Estate & Rental plans with 500–2,499 active participants (291 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 50th |
| Lower admin cost | 19th |
| Employee saving | 57th |
| Peers that auto-enroll | 47% |
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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
- Pennrose Companies put in about $1,292 per active participant, more than the typical peer ($1,279). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- Direct plan expenses (0.57% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $689,771 |
| Participant (employee) contributions | $2,252,578 |
| Other contributions (incl. rollovers in) | $387,628 |
| Administrative expenses paid from the plan | $99,917 |
| Investment advisory & management fees | $43,114 |
| Benefits paid out | $2,229,643 |
| Net assets, start / end of year | $16.0M / $19.0M |
| Active participants, start / end of year | 469 / 599 |
| Participants with account balances | 575 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | The Gattuso Group Inc |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $56,803 reported compensation |
| World Investment Advisors LLC | $41,140 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009084536NAL0011083920001, received 2025-10-09, EIN 88-0521680, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.