Penetone Corporation
Plan context: Penetone/Petron Retirement Savings Plan
EIN 22-2102790 • Clifton, NJ • 61 filings • 13 plans
Current Snapshot
Latest Year
2024
2024 Participants
42
2024 Assets
$14,650,780
2024 Contributions
$744,183
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 42 | $14,650,780 | $744,183 | $17,719iApproximate average salary by contribution assumption: employee only about $442,966 at 4% or $295,311 at 6%; with 50% employer match about $295,311 at 4% or $196,874 at 6%; with 100% employer match about $221,483 at 4% or $147,655 at 6%. |
| Penetone/Petron Retirement Savings Plan | - | 42 | $14,650,780 | $744,183 | $17,719iApproximate average salary by contribution assumption: employee only about $442,966 at 4% or $295,311 at 6%; with 50% employer match about $295,311 at 4% or $196,874 at 6%; with 100% employer match about $221,483 at 4% or $147,655 at 6%. |
| 2023 | 1 | 50 | $17,330,581 | $853,106 | $17,062iApproximate average salary by contribution assumption: employee only about $426,553 at 4% or $284,369 at 6%; with 50% employer match about $284,369 at 4% or $189,579 at 6%; with 100% employer match about $213,276 at 4% or $142,184 at 6%. |
| Penetone/Petron Retirement Savings Plan | - | 50 | $17,330,581 | $853,106 | $17,062iApproximate average salary by contribution assumption: employee only about $426,553 at 4% or $284,369 at 6%; with 50% employer match about $284,369 at 4% or $189,579 at 6%; with 100% employer match about $213,276 at 4% or $142,184 at 6%. |
| 2022 | 1 | 52 | $14,352,940 | $925,082 | $17,790iApproximate average salary by contribution assumption: employee only about $444,751 at 4% or $296,501 at 6%; with 50% employer match about $296,501 at 4% or $197,667 at 6%; with 100% employer match about $222,375 at 4% or $148,250 at 6%. |
| Penetone/Petron Retirement Savings Plan | - | 52 | $14,352,940 | $925,082 | $17,790iApproximate average salary by contribution assumption: employee only about $444,751 at 4% or $296,501 at 6%; with 50% employer match about $296,501 at 4% or $197,667 at 6%; with 100% employer match about $222,375 at 4% or $148,250 at 6%. |
| 2021 | 1 | 54 | $17,058,222 | $736,270 | $13,635iApproximate average salary by contribution assumption: employee only about $340,866 at 4% or $227,244 at 6%; with 50% employer match about $227,244 at 4% or $151,496 at 6%; with 100% employer match about $170,433 at 4% or $113,622 at 6%. |
| Penetone/Petron Retirement Savings Plan | - | 54 | $17,058,222 | $736,270 | $13,635iApproximate average salary by contribution assumption: employee only about $340,866 at 4% or $227,244 at 6%; with 50% employer match about $227,244 at 4% or $151,496 at 6%; with 100% employer match about $170,433 at 4% or $113,622 at 6%. |
| 2020 | 2 | 55 | $14,770,253 | $1,736,361 | $31,570iApproximate average salary by contribution assumption: employee only about $789,255 at 4% or $526,170 at 6%; with 50% employer match about $526,170 at 4% or $350,780 at 6%; with 100% employer match about $394,628 at 4% or $263,085 at 6%. |
| Penetone/Petron Retirement Savings Plan | - | 55 | $14,770,253 | $725,537 | $13,192iApproximate average salary by contribution assumption: employee only about $329,790 at 4% or $219,860 at 6%; with 50% employer match about $219,860 at 4% or $146,573 at 6%; with 100% employer match about $164,895 at 4% or $109,930 at 6%. |
| Penetone/Petron Health and Welfare Plan | - | 0 | $0 | $1,010,824 | - |
| 2019 | 2 | 55 | $13,185,279 | $2,107,432 | $38,317iApproximate average salary by contribution assumption: employee only about $957,924 at 4% or $638,616 at 6%; with 50% employer match about $638,616 at 4% or $425,744 at 6%; with 100% employer match about $478,962 at 4% or $319,308 at 6%. |
| Penetone/Petron Retirement Savings Plan | - | 52 | $12,924,458 | $740,179 | $14,234iApproximate average salary by contribution assumption: employee only about $355,855 at 4% or $237,237 at 6%; with 50% employer match about $237,237 at 4% or $158,158 at 6%; with 100% employer match about $177,928 at 4% or $118,618 at 6%. |
| Penetone/Petron Health and Welfare Plan | - | 55 | $260,821 | $1,367,253 | $24,859iApproximate average salary by contribution assumption: employee only about $621,479 at 4% or $414,319 at 6%; with 50% employer match about $414,319 at 4% or $276,213 at 6%; with 100% employer match about $310,739 at 4% or $207,160 at 6%. |
| 2018 | 2 | 56 | $11,084,083 | $2,000,506 | $35,723iApproximate average salary by contribution assumption: employee only about $893,083 at 4% or $595,389 at 6%; with 50% employer match about $595,389 at 4% or $396,926 at 6%; with 100% employer match about $446,542 at 4% or $297,694 at 6%. |
| Penetone/Petron Retirement Savings Plan | - | 56 | $10,955,367 | $672,492 | $12,009iApproximate average salary by contribution assumption: employee only about $300,220 at 4% or $200,146 at 6%; with 50% employer match about $200,146 at 4% or $133,431 at 6%; with 100% employer match about $150,110 at 4% or $100,073 at 6%. |
| Penetone/Petron Health and Welfare Plan | - | 52 | $128,716 | $1,328,014 | $25,539iApproximate average salary by contribution assumption: employee only about $638,468 at 4% or $425,646 at 6%; with 50% employer match about $425,646 at 4% or $283,764 at 6%; with 100% employer match about $319,234 at 4% or $212,823 at 6%. |
| 2017 | 2 | 53 | $12,532,584 | $1,880,404 | $35,479iApproximate average salary by contribution assumption: employee only about $886,983 at 4% or $591,322 at 6%; with 50% employer match about $591,322 at 4% or $394,215 at 6%; with 100% employer match about $443,492 at 4% or $295,661 at 6%. |
| Penetone/Petron Retirement Savings Plan | - | 53 | $12,410,862 | $649,469 | $12,254iApproximate average salary by contribution assumption: employee only about $306,353 at 4% or $204,236 at 6%; with 50% employer match about $204,236 at 4% or $136,157 at 6%; with 100% employer match about $153,177 at 4% or $102,118 at 6%. |
| Penetone/Petron Health and Welfare Plan | - | 49 | $121,722 | $1,230,935 | $25,121iApproximate average salary by contribution assumption: employee only about $628,028 at 4% or $418,685 at 6%; with 50% employer match about $418,685 at 4% or $279,124 at 6%; with 100% employer match about $314,014 at 4% or $209,343 at 6%. |
| 2016 | 2 | 56 | $11,299,170 | $1,919,734 | $34,281iApproximate average salary by contribution assumption: employee only about $857,024 at 4% or $571,349 at 6%; with 50% employer match about $571,349 at 4% or $380,900 at 6%; with 100% employer match about $428,512 at 4% or $285,675 at 6%. |
| Penetone/Petron Retirement Savings Plan | - | 56 | $11,137,509 | $686,947 | $12,267iApproximate average salary by contribution assumption: employee only about $306,673 at 4% or $204,449 at 6%; with 50% employer match about $204,449 at 4% or $136,299 at 6%; with 100% employer match about $153,336 at 4% or $102,224 at 6%. |
| Penetone/Petron Health and Welfare Plan | - | 0 | $161,661 | $1,232,787 | - |
| 2015 | 2 | 53 | $10,982,198 | $1,858,380 | $35,064iApproximate average salary by contribution assumption: employee only about $876,594 at 4% or $584,396 at 6%; with 50% employer match about $584,396 at 4% or $389,597 at 6%; with 100% employer match about $438,297 at 4% or $292,198 at 6%. |
| Penetone/Petron Retirement Savings Plan | - | 53 | $10,871,434 | $676,111 | $12,757iApproximate average salary by contribution assumption: employee only about $318,920 at 4% or $212,614 at 6%; with 50% employer match about $212,614 at 4% or $141,742 at 6%; with 100% employer match about $159,460 at 4% or $106,307 at 6%. |
| Penetone/Petron Health and Welfare Plan | - | 49 | $110,764 | $1,182,269 | $24,128iApproximate average salary by contribution assumption: employee only about $603,198 at 4% or $402,132 at 6%; with 50% employer match about $402,132 at 4% or $268,088 at 6%; with 100% employer match about $301,599 at 4% or $201,066 at 6%. |
| 2014 | 3 | 55 | $10,527,291 | $1,785,842 | $32,470iApproximate average salary by contribution assumption: employee only about $811,746 at 4% or $541,164 at 6%; with 50% employer match about $541,164 at 4% or $360,776 at 6%; with 100% employer match about $405,873 at 4% or $270,582 at 6%. |
| Penetone/Petron Retirement Savings Plan | - | 55 | $10,418,628 | $581,326 | $10,570iApproximate average salary by contribution assumption: employee only about $264,239 at 4% or $176,159 at 6%; with 50% employer match about $176,159 at 4% or $117,440 at 6%; with 100% employer match about $132,120 at 4% or $88,080 at 6%. |
| Penetone/Petron Health and Welfare Plan | - | 0 | $108,663 | $1,130,333 | - |
| RETIREMENT PLAN FOR EMPLOYEES OF WEST CHEMICAL PRODUCTS, INC. | - | 0 | - | $74,183 | - |
| 2013 | 3 | 56 | $11,890,006 | $1,735,376 | $30,989iApproximate average salary by contribution assumption: employee only about $774,721 at 4% or $516,481 at 6%; with 50% employer match about $516,481 at 4% or $344,321 at 6%; with 100% employer match about $387,361 at 4% or $258,240 at 6%. |
| Penetone/Petron Retirement Savings Plan | - | 56 | $10,121,050 | $514,047 | $9,179iApproximate average salary by contribution assumption: employee only about $229,485 at 4% or $152,990 at 6%; with 50% employer match about $152,990 at 4% or $101,993 at 6%; with 100% employer match about $114,743 at 4% or $76,495 at 6%. |
| RETIREMENT PLAN FOR EMPLOYEES OF WEST CHEMICAL PRODUCTS, INC. | - | 0 | $1,679,167 | $140,000 | - |
| Penetone/Petron Health and Welfare Plan | - | 0 | $89,789 | $1,081,329 | - |
| 2012 | 3 | 48 | $10,330,208 | $1,754,042 | $36,543iApproximate average salary by contribution assumption: employee only about $913,564 at 4% or $609,042 at 6%; with 50% employer match about $609,042 at 4% or $406,028 at 6%; with 100% employer match about $456,782 at 4% or $304,521 at 6%. |
| Penetone/Petron Retirement Savings Plan | - | 48 | $8,546,998 | $481,869 | $10,039iApproximate average salary by contribution assumption: employee only about $250,973 at 4% or $167,316 at 6%; with 50% employer match about $167,316 at 4% or $111,544 at 6%; with 100% employer match about $125,487 at 4% or $83,658 at 6%. |
| RETIREMENT PLAN FOR EMPLOYEES OF WEST CHEMICAL PRODUCTS, INC. | - | 0 | $1,730,157 | $360,000 | - |
| Penetone/Petron Health and Welfare Plan | - | 0 | $53,053 | $912,173 | - |
| 2011 | 3 | 49 | $9,458,834 | $1,840,703 | $37,565iApproximate average salary by contribution assumption: employee only about $939,134 at 4% or $626,089 at 6%; with 50% employer match about $626,089 at 4% or $417,393 at 6%; with 100% employer match about $469,567 at 4% or $313,045 at 6%. |
| Penetone/Petron Retirement Savings Plan | - | 49 | $7,812,013 | $541,016 | $11,041iApproximate average salary by contribution assumption: employee only about $276,029 at 4% or $184,019 at 6%; with 50% employer match about $184,019 at 4% or $122,679 at 6%; with 100% employer match about $138,014 at 4% or $92,010 at 6%. |
| RETIREMENT PLAN FOR EMPLOYEES OF WEST CHEMICAL PRODUCTS, INC. | - | 0 | $1,556,221 | $360,000 | - |
| Penetone/Petron Health and Welfare Plan | - | 0 | $90,600 | $939,687 | - |
| 2010 | 3 | 50 | $9,395,863 | $1,690,330 | $33,807iApproximate average salary by contribution assumption: employee only about $845,165 at 4% or $563,443 at 6%; with 50% employer match about $563,443 at 4% or $375,629 at 6%; with 100% employer match about $422,583 at 4% or $281,722 at 6%. |
| Penetone/Petron Retirement Savings Plan | - | 50 | $7,844,897 | $464,245 | $9,285iApproximate average salary by contribution assumption: employee only about $232,123 at 4% or $154,748 at 6%; with 50% employer match about $154,748 at 4% or $103,166 at 6%; with 100% employer match about $116,061 at 4% or $77,374 at 6%. |
| RETIREMENT PLAN FOR EMPLOYEES OF WEST CHEMICAL PRODUCTS, INC. | - | 0 | $1,460,722 | $360,000 | - |
| Penetone/Petron Health and Welfare Plan | - | 0 | $90,244 | $866,085 | - |
| 2009 | 5 | 50 | $8,486,429 | $1,703,448 | $34,069iApproximate average salary by contribution assumption: employee only about $851,724 at 4% or $567,816 at 6%; with 50% employer match about $567,816 at 4% or $378,544 at 6%; with 100% employer match about $425,862 at 4% or $283,908 at 6%. |
| Penetone/Petron Retirement Savings Plan | - | 50 | $6,997,341 | $491,557 | $9,831iApproximate average salary by contribution assumption: employee only about $245,778 at 4% or $163,852 at 6%; with 50% employer match about $163,852 at 4% or $109,235 at 6%; with 100% employer match about $122,889 at 4% or $81,926 at 6%. |
| RETIREMENT PLAN FOR EMPLOYEES OF WEST CHEMICAL PRODUCTS, INC. | - | 0 | $1,358,853 | $360,000 | - |
| Penetone/Petron Health and Welfare Plan | - | 43 | $130,235 | $851,891 | $19,811iApproximate average salary by contribution assumption: employee only about $495,285 at 4% or $330,190 at 6%; with 50% employer match about $330,190 at 4% or $220,127 at 6%; with 100% employer match about $247,643 at 4% or $165,095 at 6%. |
| Penetone/Petron Health and Welfare Plan | - | - | - | - | - |
| Penetone/Petron Section 125 Cafeteria | - | - | - | - | - |
| 2008 | 2 | 49 | $5,244,613 | $473,128 | $9,656iApproximate average salary by contribution assumption: employee only about $241,392 at 4% or $160,928 at 6%; with 50% employer match about $160,928 at 4% or $107,285 at 6%; with 100% employer match about $120,696 at 4% or $80,464 at 6%. |
| Penetone/Petron Retirement Savings Plan | - | 49 | $5,244,613 | $473,128 | $9,656iApproximate average salary by contribution assumption: employee only about $241,392 at 4% or $160,928 at 6%; with 50% employer match about $160,928 at 4% or $107,285 at 6%; with 100% employer match about $120,696 at 4% or $80,464 at 6%. |
| RETIREMENT PLAN FOR EMPLOYEES OF WEST CHEMICAL PRODUCTS, INC. | - | 0 | - | - | - |
| 2007 | 4 | 49 | $0 | $0 | - |
| Penetone/Petron Section 125 Cafeteria | - | 45 | - | - | - |
| Penetone/Petron Retirement Savings Plan | - | 49 | - | - | - |
| RETIREMENT PLAN FOR EMPLOYEES OF WEST CHEMICAL PRODUCTS, INC. | - | 0 | - | - | - |
| Penetone/Petron Health and Welfare Plan | - | 43 | - | - | - |
| 2006 | 4 | 52 | $7,061,576 | $841,824 | $16,189iApproximate average salary by contribution assumption: employee only about $404,723 at 4% or $269,815 at 6%; with 50% employer match about $269,815 at 4% or $179,877 at 6%; with 100% employer match about $202,362 at 4% or $134,908 at 6%. |
| Penetone/Petron Retirement Savings Plan | - | 52 | $6,750,904 | $481,824 | $9,266iApproximate average salary by contribution assumption: employee only about $231,646 at 4% or $154,431 at 6%; with 50% employer match about $154,431 at 4% or $102,954 at 6%; with 100% employer match about $115,823 at 4% or $77,215 at 6%. |
| RETIREMENT PLAN FOR EMPLOYEES OF WEST CHEMICAL PRO DUCTS, INC. | - | 0 | $310,672 | $360,000 | - |
| Penetone/Petron Section 125 Cafeteria | - | 40 | - | - | - |
| Penetone/Petron Health and Welfare Plan | - | 39 | - | - | - |
| 2005 | 4 | 52 | $6,532,482 | $766,804 | $14,746iApproximate average salary by contribution assumption: employee only about $368,656 at 4% or $245,771 at 6%; with 50% employer match about $245,771 at 4% or $163,847 at 6%; with 100% employer match about $184,328 at 4% or $122,885 at 6%. |
| Penetone/Petron Retirement Savings Plan | - | 52 | $6,139,368 | $406,804 | $7,823iApproximate average salary by contribution assumption: employee only about $195,579 at 4% or $130,386 at 6%; with 50% employer match about $130,386 at 4% or $86,924 at 6%; with 100% employer match about $97,789 at 4% or $65,193 at 6%. |
| RETIREMENT PLAN FOR EMPLOYEES OF WEST CHEMICAL PRO DUCTS, INC. | - | 0 | $393,114 | $360,000 | - |
| Penetone/Petron Section 125 Cafeteria | - | 47 | - | - | - |
| Penetone/Petron Health and Welfare Plan | - | 48 | - | - | - |
| 2004 | 4 | 61 | $5,890,094 | $1,312,207 | $21,512iApproximate average salary by contribution assumption: employee only about $537,790 at 4% or $358,527 at 6%; with 50% employer match about $358,527 at 4% or $239,018 at 6%; with 100% employer match about $268,895 at 4% or $179,263 at 6%. |
| Penetone/Petron Retirement Savings Plan | - | 61 | $5,476,370 | $436,568 | $7,157iApproximate average salary by contribution assumption: employee only about $178,921 at 4% or $119,281 at 6%; with 50% employer match about $119,281 at 4% or $79,521 at 6%; with 100% employer match about $89,461 at 4% or $59,640 at 6%. |
| RETIREMENT PLAN FOR EMPLOYEES OF WEST CHEMICAL PRODUCTS, INC. | - | 0 | $348,171 | $360,000 | - |
| Penetone/Petron Health and Welfare Plan | - | 48 | $65,553 | $515,639 | $10,742iApproximate average salary by contribution assumption: employee only about $268,562 at 4% or $179,041 at 6%; with 50% employer match about $179,041 at 4% or $119,361 at 6%; with 100% employer match about $134,281 at 4% or $89,521 at 6%. |
| Penetone/Petron Section 125 Cafeteria | - | 48 | - | - | - |
| 2003 | 4 | 66 | $5,332,817 | $752,926 | $11,408iApproximate average salary by contribution assumption: employee only about $285,199 at 4% or $190,133 at 6%; with 50% employer match about $190,133 at 4% or $126,755 at 6%; with 100% employer match about $142,600 at 4% or $95,066 at 6%. |
| Penetone/Petron Retirement Savings Plan | - | 66 | $5,017,253 | $373,274 | $5,656iApproximate average salary by contribution assumption: employee only about $141,392 at 4% or $94,261 at 6%; with 50% employer match about $94,261 at 4% or $62,841 at 6%; with 100% employer match about $70,696 at 4% or $47,131 at 6%. |
| RETIREMENT PLAN FOR EMPLOYEES OF WEST CHEMICAL PRODUCTS INC AND ITS U.S. SUBSIDIARIES | - | 0 | $315,564 | $379,652 | - |
| Penetone/Petron Section 125 Cafeteria | - | 49 | - | - | - |
| Penetone/Petron Health and Welfare Plan | - | 49 | - | - | - |
| 2002 | 3 | 67 | $3,975,846 | $375,853 | $5,610iApproximate average salary by contribution assumption: employee only about $140,244 at 4% or $93,496 at 6%; with 50% employer match about $93,496 at 4% or $62,331 at 6%; with 100% employer match about $70,122 at 4% or $46,748 at 6%. |
| Penetone/Petron Retirement Savings Plan | - | 67 | $3,975,846 | $375,853 | $5,610iApproximate average salary by contribution assumption: employee only about $140,244 at 4% or $93,496 at 6%; with 50% employer match about $93,496 at 4% or $62,331 at 6%; with 100% employer match about $70,122 at 4% or $46,748 at 6%. |
| Penetone/Petron Section 125 Cafeteria | - | 52 | - | - | - |
| Penetone/Petron Health and Welfare Plan | - | 52 | - | - | - |