Department of Labor filing

PENNY NEWMAN GRAIN COMPANY, INC.

PENNY NEWMAN GRAIN COMPANY, INC. RETIREMENT PLAN · For the plan year ended Nov 30, 2024

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Public filing 2023 · received Sep 11, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

57filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$3,056

Reported employer contributions per active participant.

Higher than about 81% of comparable plans

#People in the filing

183

Active participants reported for 2023.

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

¢Visible plan-paid fees

$483 / participant

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

Lower cost than about 2% of comparable plans

↗Investment performance

Not available

Plan assets changed 24.8%, 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 · 202357out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions81st percentileTypical peer $1,692 · based on 606 comparable plans

Lower reported administrative expense2nd percentileTypical peer $113 · based on 620 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 Nov 30, 2024, PENNY NEWMAN GRAIN COMPANY, INC. reported $559,198 in employer contributions across the plan and 183 active participants. That works out to $3,056 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 proxy89%

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 3.8%

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

Expense trendUp 9.3%

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

Peer context57/100

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: $559,198
Participant contributions: $1,033,363
Other contributions: $55,167
Employer share of reported contributions: 35.1%
Beginning assets: $17,457,153
Ending assets: $21,785,791
Ending net assets: $21,785,791
Ending liabilities: $0
Total income: $5,405,720
Total expenses: $1,077,082
Administrative expenses: $101,973
Participant loans: $480,233

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

$3,176

2023

$3,056

Plan-paid administrative expenses per participant

2022

$442

2023

$483

Active participants

2022

168

2023

183

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2023	$3,056	183	21.8M	20250911104813NAL0001036434001
2022	$3,176	168	17.5M	20240913174600NAL0022196706001

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: 2.2%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Yes
Public plan identifier: 941224870-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Aug 8, 1961
Industry: Manufacturing
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2G2F2J2K3D3H

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
JOHN HANCOCK LIFE INSURANCE CO	2023	Not reported	unknown

Current plan terms

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Filing ACK_ID20250911104813NAL0001036434001

Data sourceDOL Form 5500 bulk data ↗

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