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THE PENNA 401(K) PLAN 401k Plan overview

Plan NameTHE PENNA 401(K) PLAN
Plan identification number 001

THE PENNA 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

PENNAS RESTAURANT, INC has sponsored the creation of one or more 401k plans.

Company Name:PENNAS RESTAURANT, INC
Employer identification number (EIN):383113550
NAIC Classification:722300
NAIC Description: Special Food Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE PENNA 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012024-01-01JANET SZYDLIK2024-05-06
0012023-01-01JANET SZYDLIK2024-04-03
0012022-01-01JANET SZYDLIK2023-09-07
0012021-01-01JANET SZYDLIK2022-10-14
0012020-01-01JANET SZYDLIK2021-10-13
0012019-01-01
0012018-01-01JANET SZYDLIK
0012017-01-01JANET SZYDLIK
0012016-01-01JANET SZYDLIK
0012015-01-01JANET SZYDLIK
0012014-01-01JANET SZYDLIK
0012013-01-01JANET SZYDLIK
0012012-01-01JANET SZYDLIK
0012011-01-01JANET SZYDLIK
0012010-01-01JANET SZYDLIK
0012009-01-01JANET SZYDLIK

Financial Data on THE PENNA 401(K) PLAN

Measure Date Value
2024 : THE PENNA 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-05-061741167
Net assets as of the end of the plan year2024-05-060
Total assets as of the beginning of the plan year2024-05-061688623
Value of plan covered by a fidelity bond2024-05-06200000
Other income to plan in this plan year2024-05-0652544
Plan net income in this plan year2024-05-06-1688623
Net assets as of the end of the plan year2024-05-060
Net assets as of the beginning of the plan year2024-05-061688623
Fees paid to broker by Benefit Provider2024-05-06211
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-063168
Total expenses incurred by plan in this plan year2024-04-0382814
Net assets as of the end of the plan year2024-04-031688623
Total assets as of the beginning of the plan year2024-04-031518892
Value of plan covered by a fidelity bond2024-04-03200000
Participant contributions to plan in this plan year2024-04-0322325
Other income to plan in this plan year2024-04-03226513
Plan net income in this plan year2024-04-03169731
Net assets as of the end of the plan year2024-04-031688623
Net assets as of the beginning of the plan year2024-04-031518892
Employer contributions to plan in this plan year2024-04-033707
Fees paid to broker by Benefit Provider2024-04-033098
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-036860
2019 : THE PENNA 401(K) PLAN 2019 401k financial data
Total income from all sources2019-12-31$276,850
Expenses. Total of all expenses incurred2019-12-31$121,519
Benefits paid (including direct rollovers)2019-12-31$115,522
Total plan assets at end of year2019-12-31$1,492,440
Total plan assets at beginning of year2019-12-31$1,337,109
Value of fidelity bond covering the plan2019-12-31$150,000
Total contributions received or receivable from participants2019-12-31$29,925
Other income received2019-12-31$241,917
Net income (gross income less expenses)2019-12-31$155,331
Net plan assets at end of year (total assets less liabilities)2019-12-31$1,492,440
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$1,337,109
Assets. Value of participant loans2019-12-31$18,054
Total contributions received or receivable from employer(s)2019-12-31$5,008
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$5,997
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
2018 : THE PENNA 401(K) PLAN 2018 401k financial data
Total income from all sources2018-12-31$-33,567
Expenses. Total of all expenses incurred2018-12-31$89,539
Benefits paid (including direct rollovers)2018-12-31$83,715
Total plan assets at end of year2018-12-31$1,337,109
Total plan assets at beginning of year2018-12-31$1,460,215
Value of fidelity bond covering the plan2018-12-31$150,000
Total contributions received or receivable from participants2018-12-31$33,250
Other income received2018-12-31$-72,512
Net income (gross income less expenses)2018-12-31$-123,106
Net plan assets at end of year (total assets less liabilities)2018-12-31$1,337,109
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$1,460,215
Assets. Value of participant loans2018-12-31$31,867
Total contributions received or receivable from employer(s)2018-12-31$5,695
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$5,824
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
2017 : THE PENNA 401(K) PLAN 2017 401k financial data
Total income from all sources2017-12-31$205,406
Expenses. Total of all expenses incurred2017-12-31$23,169
Benefits paid (including direct rollovers)2017-12-31$17,440
Total plan assets at end of year2017-12-31$1,460,215
Total plan assets at beginning of year2017-12-31$1,277,978
Value of fidelity bond covering the plan2017-12-31$25,000
Total contributions received or receivable from participants2017-12-31$32,675
Other income received2017-12-31$166,806
Net income (gross income less expenses)2017-12-31$182,237
Net plan assets at end of year (total assets less liabilities)2017-12-31$1,460,215
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$1,277,978
Assets. Value of participant loans2017-12-31$45,592
Total contributions received or receivable from employer(s)2017-12-31$5,925
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$5,729
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : THE PENNA 401(K) PLAN 2016 401k financial data
Total income from all sources2016-12-31$146,974
Expenses. Total of all expenses incurred2016-12-31$57,002
Benefits paid (including direct rollovers)2016-12-31$51,273
Total plan assets at end of year2016-12-31$1,277,978
Total plan assets at beginning of year2016-12-31$1,188,006
Value of fidelity bond covering the plan2016-12-31$125,000
Total contributions received or receivable from participants2016-12-31$33,593
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$107,313
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$89,972
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,277,978
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,188,006
Assets. Value of participant loans2016-12-31$58,235
Total contributions received or receivable from employer(s)2016-12-31$6,068
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$5,729
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : THE PENNA 401(K) PLAN 2015 401k financial data
Total income from all sources2015-12-31$26,544
Expenses. Total of all expenses incurred2015-12-31$37,454
Benefits paid (including direct rollovers)2015-12-31$31,838
Total plan assets at end of year2015-12-31$1,188,006
Total plan assets at beginning of year2015-12-31$1,198,916
Value of fidelity bond covering the plan2015-12-31$25,000
Total contributions received or receivable from participants2015-12-31$46,954
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$-28,718
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$-10,910
Net plan assets at end of year (total assets less liabilities)2015-12-31$1,188,006
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$1,198,916
Assets. Value of participant loans2015-12-31$40,149
Total contributions received or receivable from employer(s)2015-12-31$8,308
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$5,616
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : THE PENNA 401(K) PLAN 2014 401k financial data
Total income from all sources2014-12-31$100,305
Expenses. Total of all expenses incurred2014-12-31$28,366
Benefits paid (including direct rollovers)2014-12-31$22,515
Total plan assets at end of year2014-12-31$1,198,916
Total plan assets at beginning of year2014-12-31$1,126,977
Value of fidelity bond covering the plan2014-12-31$25,000
Total contributions received or receivable from participants2014-12-31$48,861
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$43,014
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$71,939
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,198,916
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,126,977
Total contributions received or receivable from employer(s)2014-12-31$8,430
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$5,851
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : THE PENNA 401(K) PLAN 2013 401k financial data
Total income from all sources2013-12-31$198,583
Expenses. Total of all expenses incurred2013-12-31$98,942
Benefits paid (including direct rollovers)2013-12-31$94,009
Total plan assets at end of year2013-12-31$1,126,977
Total plan assets at beginning of year2013-12-31$1,027,336
Value of fidelity bond covering the plan2013-12-31$100,000
Total contributions received or receivable from participants2013-12-31$49,035
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$141,310
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$99,641
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,126,977
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,027,336
Assets. Value of participant loans2013-12-31$2,163
Total contributions received or receivable from employer(s)2013-12-31$8,238
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$4,933
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : THE PENNA 401(K) PLAN 2012 401k financial data
Total income from all sources2012-12-31$180,840
Expenses. Total of all expenses incurred2012-12-31$147,450
Benefits paid (including direct rollovers)2012-12-31$144,222
Total plan assets at end of year2012-12-31$1,027,336
Total plan assets at beginning of year2012-12-31$993,946
Value of fidelity bond covering the plan2012-12-31$100,000
Total contributions received or receivable from participants2012-12-31$49,782
Expenses. Other expenses not covered elsewhere2012-12-31$0
Other income received2012-12-31$123,041
Noncash contributions received2012-12-31$0
Net income (gross income less expenses)2012-12-31$33,390
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,027,336
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$993,946
Assets. Value of participant loans2012-12-31$5,489
Total contributions received or receivable from employer(s)2012-12-31$8,017
Value of certain deemed distributions of participant loans2012-12-31$1,379
Value of corrective distributions2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$1,849
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : THE PENNA 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$62,691
Expenses. Total of all expenses incurred2011-12-31$131,568
Benefits paid (including direct rollovers)2011-12-31$131,468
Total plan assets at end of year2011-12-31$993,946
Total plan assets at beginning of year2011-12-31$1,062,823
Value of fidelity bond covering the plan2011-12-31$100,000
Total contributions received or receivable from participants2011-12-31$42,942
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$12,538
Net income (gross income less expenses)2011-12-31$-68,877
Net plan assets at end of year (total assets less liabilities)2011-12-31$993,946
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,062,823
Assets. Value of participant loans2011-12-31$9,681
Total contributions received or receivable from employer(s)2011-12-31$7,211
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$100
2010 : THE PENNA 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$157,690
Expenses. Total of all expenses incurred2010-12-31$53,667
Benefits paid (including direct rollovers)2010-12-31$53,567
Total plan assets at end of year2010-12-31$1,062,823
Total plan assets at beginning of year2010-12-31$958,800
Value of fidelity bond covering the plan2010-12-31$95,000
Total contributions received or receivable from participants2010-12-31$44,119
Contributions received from other sources (not participants or employers)2010-12-31$0
Other income received2010-12-31$106,239
Net income (gross income less expenses)2010-12-31$104,023
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,062,823
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$958,800
Assets. Value of participant loans2010-12-31$12,931
Total contributions received or receivable from employer(s)2010-12-31$7,332
Value of certain deemed distributions of participant loans2010-12-31$0
Value of corrective distributions2010-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$100

Form 5500 Responses for THE PENNA 401(K) PLAN

2019: THE PENNA 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: THE PENNA 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes
2017: THE PENNA 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – InsuranceYes
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement – InsuranceYes
2017-01-01Plan benefit arrangement - TrustYes
2016: THE PENNA 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – InsuranceYes
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement – InsuranceYes
2016-01-01Plan benefit arrangement - TrustYes
2015: THE PENNA 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes
2014: THE PENNA 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes
2013: THE PENNA 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – InsuranceYes
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement – InsuranceYes
2013-01-01Plan benefit arrangement - TrustYes
2012: THE PENNA 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – InsuranceYes
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement – InsuranceYes
2012-01-01Plan benefit arrangement - TrustYes
2011: THE PENNA 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: THE PENNA 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: THE PENNA 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract numberGP 19474
Policy instance 1
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract numberGP 19474
Policy instance 1
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract numberGP 19474
Policy instance 1
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract numberGP 19474
Policy instance 1
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract numberGP 19474
Policy instance 1
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract numberGP 19474
Policy instance 1
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract numberGP 19474
Policy instance 1

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