Department of Labor filing

PENNICHUCK CORPORATION

SAVINGS PLAN FOR EMPLOYEES OF PENNICHUCK CORPORATION · For the plan year ended Dec 31, 2024

Spot something wrong?
Public filing 2024 · received Oct 9, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

29filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support
$2,421

Reported employer contributions per active participant.

Higher than about 23% of comparable plans
#People in the filing
141

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$198 / participant

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

Lower cost than about 43% of comparable plans
Investment performance
Not available

Plan assets changed 8.4%, 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 · 202429out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions23rd percentileTypical peer $4,838 · based on 217 comparable plans
Lower reported administrative expense43rd percentileTypical peer $163 · based on 212 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, PENNICHUCK CORPORATION reported $341,431 in employer contributions across the plan and 141 active participants. That works out to $2,421 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 proxy80%

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 trendUp 2.7%

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

Expense trendDown 3.5%

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

Peer context29/100

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
$341,431
Participant contributions
$860,874
Other contributions
$179,320
Employer share of reported contributions
28.4%
Beginning assets
$24,094,042
Ending assets
$26,107,744
Ending net assets
$26,107,744
Ending liabilities
$0
Total income
$4,098,747
Total expenses
$2,085,045
Administrative expenses
$33,784
Participant loans
$458,180

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
$2,358
2023
$2,520
2024
$2,421
Plan-paid administrative expenses per participant
2022
$205
2023
$173
2024
$198
Active participants
2022
132
2023
128
2024
141
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2024$2,42114126.1M20251009144854NAL0016396162001
2023$2,52012824.1M20241011155441NAL0037576512001
2022$2,35813221.5M20231013114534NAL0067144866001

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
1.8%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Not stated in the filing
Public plan identifier
020177370-002

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Jun 1, 1984
Industry
Utilities
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2F2G2J2K2S3B3D3F2E2T

Current plan terms

Help fill the gap the filing leaves.

If you have a current SPD, fee disclosure, or enrollment guide, you can share it with us. We check the source and date before adding anything to the profile.

Share a document →
Filing ACK_ID20251009144854NAL0016396162001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗