Department of Labor filing

PENN STAINLESS PRODUCTS, INC.

PENN STAINLESS PRODUCTS, INC. PROFIT SHARING-401(K) PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Sep 22, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

61filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support

$3,039

Reported employer contributions per active participant.

Higher than about 75% of comparable plans

#People in the filing

221

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$211 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 29% of comparable plans

↗Investment performance

Not available

Plan assets changed 13.2%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202461out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions75th percentileTypical peer $1,861 · based on 272 comparable plans

Lower reported administrative expense29th percentileTypical peer $150 · based on 268 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, PENN STAINLESS PRODUCTS, INC. reported $671,592 in employer contributions across the plan and 221 active participants. That works out to $3,039 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy96%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 6.7%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 24.0%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context61/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $671,592
Participant contributions: $1,092,287
Other contributions: Not reported
Employer share of reported contributions: 38.1%
Beginning assets: $20,368,303
Ending assets: $23,049,718
Ending net assets: $23,049,718
Ending liabilities: $0
Total income: $4,295,206
Total expenses: $1,613,791
Administrative expenses: $53,493
Participant loans: $529,315

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$3,258

2023

$3,000

2024

$3,039

Plan-paid administrative expenses per participant

2022

$171

2023

$195

2024

$211

Active participants

2022

232

2023

229

2024

221

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$3,039	221	23M	20250922065156NAL0006354819001
2023	$3,000	229	20.4M	20240917072701NAL0003599376001
2022	$3,258	232	17.3M	20230919122805NAL0000428291001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 2.3%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 232093536-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Oct 1, 1981
Industry: Industry group 331
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2T3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
CHARLES SCHWAB TRUST BANK	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20250922065156NAL0006354819001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗