Pennington Farms Inc.
Plan context: PENNINGTON FARMS, INC. DEFINED BENEFIT PENSION PLAN
EIN 58-1275972 • Matthews, GA • 40 filings • 8 plans
Current Snapshot
Latest Year
2024
2024 Participants
8
2024 Assets
$4,757,046
2024 Contributions
$106,761
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 | 2 | 8 | $4,757,046 | $106,761 | $13,345iApproximate average salary by contribution assumption: employee only about $333,628 at 4% or $222,419 at 6%; with 50% employer match about $222,419 at 4% or $148,279 at 6%; with 100% employer match about $166,814 at 4% or $111,209 at 6%. |
| PENNINGTON FARMS, INC. DEFINED BENEFIT PENSION PLAN | - | 4 | $3,375,036 | $0 | - |
| Pennington Farms Inc. Profit Sharing Plan | - | 8 | $1,382,010 | $106,761 | $13,345iApproximate average salary by contribution assumption: employee only about $333,628 at 4% or $222,419 at 6%; with 50% employer match about $222,419 at 4% or $148,279 at 6%; with 100% employer match about $166,814 at 4% or $111,209 at 6%. |
| 2023 | 2 | 6 | $4,554,091 | $200,000 | $33,333iApproximate average salary by contribution assumption: employee only about $833,333 at 4% or $555,556 at 6%; with 50% employer match about $555,556 at 4% or $370,370 at 6%; with 100% employer match about $416,667 at 4% or $277,778 at 6%. |
| PENNINGTON FARMS, INC. DEFINED BENEFIT PENSION PLAN | - | 4 | $3,294,506 | $200,000 | $50,000iApproximate average salary by contribution assumption: employee only about $1,250,000 at 4% or $833,333 at 6%; with 50% employer match about $833,333 at 4% or $555,556 at 6%; with 100% employer match about $625,000 at 4% or $416,667 at 6%. |
| Pennington Farms Inc. Profit Sharing Plan | - | 6 | $1,259,585 | $0 | - |
| 2022 | 2 | 6 | $4,373,057 | $30,000 | $5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%. |
| PENNINGTON FARMS, INC. DEFINED BENEFIT PENSION PLAN | - | 4 | $3,133,971 | $30,000 | $7,500iApproximate average salary by contribution assumption: employee only about $187,500 at 4% or $125,000 at 6%; with 50% employer match about $125,000 at 4% or $83,333 at 6%; with 100% employer match about $93,750 at 4% or $62,500 at 6%. |
| Pennington Farms Inc. Profit Sharing Plan | - | 6 | $1,239,086 | $0 | - |
| 2021 | 2 | 6 | $4,534,359 | $185,000 | $30,833iApproximate average salary by contribution assumption: employee only about $770,833 at 4% or $513,889 at 6%; with 50% employer match about $513,889 at 4% or $342,593 at 6%; with 100% employer match about $385,417 at 4% or $256,944 at 6%. |
| PENNINGTON FARMS, INC. DEFINED BENEFIT PENSION PLAN | - | 5 | $3,255,461 | $185,000 | $37,000iApproximate average salary by contribution assumption: employee only about $925,000 at 4% or $616,667 at 6%; with 50% employer match about $616,667 at 4% or $411,111 at 6%; with 100% employer match about $462,500 at 4% or $308,333 at 6%. |
| Pennington Farms Inc. Profit Sharing Plan | - | 6 | $1,278,898 | - | - |
| 2020 | 2 | 6 | $4,555,049 | $185,000 | $30,833iApproximate average salary by contribution assumption: employee only about $770,833 at 4% or $513,889 at 6%; with 50% employer match about $513,889 at 4% or $342,593 at 6%; with 100% employer match about $385,417 at 4% or $256,944 at 6%. |
| PENNINGTON FARMS, INC. DEFINED BENEFIT PENSION PLAN | - | 5 | $3,241,460 | $185,000 | $37,000iApproximate average salary by contribution assumption: employee only about $925,000 at 4% or $616,667 at 6%; with 50% employer match about $616,667 at 4% or $411,111 at 6%; with 100% employer match about $462,500 at 4% or $308,333 at 6%. |
| Pennington Farms Inc. Profit Sharing Plan | - | 6 | $1,313,589 | - | - |
| 2019 | 2 | 6 | $4,691,876 | $185,000 | $30,833iApproximate average salary by contribution assumption: employee only about $770,833 at 4% or $513,889 at 6%; with 50% employer match about $513,889 at 4% or $342,593 at 6%; with 100% employer match about $385,417 at 4% or $256,944 at 6%. |
| PENNINGTON FARMS, INC. DEFINED BENEFIT PENSION PLAN | - | 6 | $3,342,308 | $185,000 | $30,833iApproximate average salary by contribution assumption: employee only about $770,833 at 4% or $513,889 at 6%; with 50% employer match about $513,889 at 4% or $342,593 at 6%; with 100% employer match about $385,417 at 4% or $256,944 at 6%. |
| Pennington Farms Inc. Profit Sharing Plan | - | 6 | $1,349,568 | - | - |
| 2018 | 2 | 7 | $3,775,037 | $0 | - |
| PENNINGTON FARMS, INC. DEFINED BENEFIT PLAN | - | 5 | $2,474,578 | - | - |
| Pennington Farms Inc. Profit Sharing Plan | - | 7 | $1,300,459 | - | - |
| 2017 | 2 | 7 | $3,743,415 | $578,027 | $82,575iApproximate average salary by contribution assumption: employee only about $2,064,382 at 4% or $1,376,255 at 6%; with 50% employer match about $1,376,255 at 4% or $917,503 at 6%; with 100% employer match about $1,032,191 at 4% or $688,127 at 6%. |
| PENNINGTON FARMS, INC. DEFINED BENEFIT PLAN | - | 6 | $2,448,620 | $500,000 | $83,333iApproximate average salary by contribution assumption: employee only about $2,083,333 at 4% or $1,388,889 at 6%; with 50% employer match about $1,388,889 at 4% or $925,926 at 6%; with 100% employer match about $1,041,667 at 4% or $694,444 at 6%. |
| Pennington Farms Inc. Profit Sharing Plan | - | 7 | $1,294,795 | $78,027 | $11,147iApproximate average salary by contribution assumption: employee only about $278,668 at 4% or $185,779 at 6%; with 50% employer match about $185,779 at 4% or $123,852 at 6%; with 100% employer match about $139,334 at 4% or $92,889 at 6%. |
| 2016 | 2 | 6 | $3,154,753 | $250,000 | $41,667iApproximate average salary by contribution assumption: employee only about $1,041,667 at 4% or $694,444 at 6%; with 50% employer match about $694,444 at 4% or $462,963 at 6%; with 100% employer match about $520,833 at 4% or $347,222 at 6%. |
| PENNINGTON FARMS, INC. DEFINED BENEFIT PLAN | - | 5 | $1,939,015 | $250,000 | $50,000iApproximate average salary by contribution assumption: employee only about $1,250,000 at 4% or $833,333 at 6%; with 50% employer match about $833,333 at 4% or $555,556 at 6%; with 100% employer match about $625,000 at 4% or $416,667 at 6%. |
| Pennington Farms Inc. Profit Sharing Plan | - | 6 | $1,215,738 | $0 | - |
| 2015 | 2 | 8 | $3,114,054 | $35,000 | $4,375iApproximate average salary by contribution assumption: employee only about $109,375 at 4% or $72,917 at 6%; with 50% employer match about $72,917 at 4% or $48,611 at 6%; with 100% employer match about $54,688 at 4% or $36,458 at 6%. |
| PENNINGTON FARMS, INC. DEFINED BENEFIT PLAN | - | 8 | $1,882,938 | $35,000 | $4,375iApproximate average salary by contribution assumption: employee only about $109,375 at 4% or $72,917 at 6%; with 50% employer match about $72,917 at 4% or $48,611 at 6%; with 100% employer match about $54,688 at 4% or $36,458 at 6%. |
| Pennington Farms Inc. Profit Sharing Plan | - | 7 | $1,231,116 | $0 | - |
| 2014 | 2 | 9 | $3,103,487 | $588,500 | $65,389iApproximate average salary by contribution assumption: employee only about $1,634,722 at 4% or $1,089,815 at 6%; with 50% employer match about $1,089,815 at 4% or $726,543 at 6%; with 100% employer match about $817,361 at 4% or $544,907 at 6%. |
| PENNINGTON FARMS, INC. DEFINED BENEFIT PLAN | - | 9 | $1,880,851 | $588,500 | $65,389iApproximate average salary by contribution assumption: employee only about $1,634,722 at 4% or $1,089,815 at 6%; with 50% employer match about $1,089,815 at 4% or $726,543 at 6%; with 100% employer match about $817,361 at 4% or $544,907 at 6%. |
| Pennington Farms Inc. Profit Sharing Plan | - | 8 | $1,222,636 | $0 | - |
| 2013 | 2 | 9 | $2,501,470 | $492,400 | $54,711iApproximate average salary by contribution assumption: employee only about $1,367,778 at 4% or $911,852 at 6%; with 50% employer match about $911,852 at 4% or $607,901 at 6%; with 100% employer match about $683,889 at 4% or $455,926 at 6%. |
| PENNINGTON FARMS, INC. DEFINED BENEFIT PLAN | - | 9 | $1,292,129 | $492,400 | $54,711iApproximate average salary by contribution assumption: employee only about $1,367,778 at 4% or $911,852 at 6%; with 50% employer match about $911,852 at 4% or $607,901 at 6%; with 100% employer match about $683,889 at 4% or $455,926 at 6%. |
| Pennington Farms Inc. Profit Sharing Plan | - | 8 | $1,209,341 | $0 | - |
| 2012 | 2 | 8 | $2,011,498 | $395,323 | $49,415iApproximate average salary by contribution assumption: employee only about $1,235,384 at 4% or $823,590 at 6%; with 50% employer match about $823,590 at 4% or $549,060 at 6%; with 100% employer match about $617,692 at 4% or $411,795 at 6%. |
| Pennington Farms Inc. Profit Sharing Plan | - | 8 | $1,211,848 | - | - |
| PENNINGTON FARMS, INC DEFINED BENEFIT PENSION PLAN | - | 7 | $799,650 | $395,323 | $56,475iApproximate average salary by contribution assumption: employee only about $1,411,868 at 4% or $941,245 at 6%; with 50% employer match about $941,245 at 4% or $627,497 at 6%; with 100% employer match about $705,934 at 4% or $470,623 at 6%. |
| 2011 | 2 | 7 | $1,598,926 | $404,276 | $57,754iApproximate average salary by contribution assumption: employee only about $1,443,843 at 4% or $962,562 at 6%; with 50% employer match about $962,562 at 4% or $641,708 at 6%; with 100% employer match about $721,921 at 4% or $481,281 at 6%. |
| Pennington Farms Inc. Profit Sharing Plan | - | 7 | $1,194,650 | - | - |
| PENNINGTON FARMS, INC DEFINED BENEFIT PENSION PLAN | - | 7 | $404,276 | $404,276 | $57,754iApproximate average salary by contribution assumption: employee only about $1,443,843 at 4% or $962,562 at 6%; with 50% employer match about $962,562 at 4% or $641,708 at 6%; with 100% employer match about $721,921 at 4% or $481,281 at 6%. |
| 2010 | 1 | 9 | $1,178,584 | $60,172 | $6,686iApproximate average salary by contribution assumption: employee only about $167,144 at 4% or $111,430 at 6%; with 50% employer match about $111,430 at 4% or $74,286 at 6%; with 100% employer match about $83,572 at 4% or $55,715 at 6%. |
| Pennington Farms Inc. Profit Sharing Plan | - | 9 | $1,178,584 | $60,172 | $6,686iApproximate average salary by contribution assumption: employee only about $167,144 at 4% or $111,430 at 6%; with 50% employer match about $111,430 at 4% or $74,286 at 6%; with 100% employer match about $83,572 at 4% or $55,715 at 6%. |
| 2009 | 1 | 7 | $1,101,038 | $47,636 | $6,805iApproximate average salary by contribution assumption: employee only about $170,129 at 4% or $113,419 at 6%; with 50% employer match about $113,419 at 4% or $75,613 at 6%; with 100% employer match about $85,064 at 4% or $56,710 at 6%. |
| Pennington Farms Inc. Profit Sharing Plan | - | 7 | $1,101,038 | $47,636 | $6,805iApproximate average salary by contribution assumption: employee only about $170,129 at 4% or $113,419 at 6%; with 50% employer match about $113,419 at 4% or $75,613 at 6%; with 100% employer match about $85,064 at 4% or $56,710 at 6%. |
| 2008 | 1 | 5 | $1,016,122 | $37,554 | $7,511iApproximate average salary by contribution assumption: employee only about $187,770 at 4% or $125,180 at 6%; with 50% employer match about $125,180 at 4% or $83,453 at 6%; with 100% employer match about $93,885 at 4% or $62,590 at 6%. |
| Pennington Farms Inc. Profit Sharing Plan | - | 5 | $1,016,122 | $37,554 | $7,511iApproximate average salary by contribution assumption: employee only about $187,770 at 4% or $125,180 at 6%; with 50% employer match about $125,180 at 4% or $83,453 at 6%; with 100% employer match about $93,885 at 4% or $62,590 at 6%. |
| 2007 | 1 | 6 | $0 | $0 | - |
| Pennington Farms Inc. Profit Sharing Plan | - | 6 | - | - | - |
| 2006 | 1 | 3 | $983,479 | $54,993 | $18,331iApproximate average salary by contribution assumption: employee only about $458,275 at 4% or $305,517 at 6%; with 50% employer match about $305,517 at 4% or $203,678 at 6%; with 100% employer match about $229,138 at 4% or $152,758 at 6%. |
| Pennington Farms Inc. Profit Sharing Plan | - | 3 | $983,479 | $54,993 | $18,331iApproximate average salary by contribution assumption: employee only about $458,275 at 4% or $305,517 at 6%; with 50% employer match about $305,517 at 4% or $203,678 at 6%; with 100% employer match about $229,138 at 4% or $152,758 at 6%. |
| 2005 | 1 | 4 | $889,113 | $52,500 | $13,125iApproximate average salary by contribution assumption: employee only about $328,125 at 4% or $218,750 at 6%; with 50% employer match about $218,750 at 4% or $145,833 at 6%; with 100% employer match about $164,063 at 4% or $109,375 at 6%. |
| Pennington Farms Inc. Profit Sharing Plan | - | 4 | $889,113 | $52,500 | $13,125iApproximate average salary by contribution assumption: employee only about $328,125 at 4% or $218,750 at 6%; with 50% employer match about $218,750 at 4% or $145,833 at 6%; with 100% employer match about $164,063 at 4% or $109,375 at 6%. |
| 2004 | 1 | 7 | $947,808 | $63,152 | $9,022iApproximate average salary by contribution assumption: employee only about $225,543 at 4% or $150,362 at 6%; with 50% employer match about $150,362 at 4% or $100,241 at 6%; with 100% employer match about $112,771 at 4% or $75,181 at 6%. |
| Pennington Farms Inc. Profit Sharing Plan | - | 7 | $947,808 | $63,152 | $9,022iApproximate average salary by contribution assumption: employee only about $225,543 at 4% or $150,362 at 6%; with 50% employer match about $150,362 at 4% or $100,241 at 6%; with 100% employer match about $112,771 at 4% or $75,181 at 6%. |
| 2003 | 1 | 8 | $843,176 | $42,984 | $5,373iApproximate average salary by contribution assumption: employee only about $134,325 at 4% or $89,550 at 6%; with 50% employer match about $89,550 at 4% or $59,700 at 6%; with 100% employer match about $67,163 at 4% or $44,775 at 6%. |
| Pennington Farms Inc. Profit Sharing Plan | - | 8 | $843,176 | $42,984 | $5,373iApproximate average salary by contribution assumption: employee only about $134,325 at 4% or $89,550 at 6%; with 50% employer match about $89,550 at 4% or $59,700 at 6%; with 100% employer match about $67,163 at 4% or $44,775 at 6%. |
| 2002 | 1 | 7 | $721,831 | $25,700 | $3,671iApproximate average salary by contribution assumption: employee only about $91,786 at 4% or $61,190 at 6%; with 50% employer match about $61,190 at 4% or $40,794 at 6%; with 100% employer match about $45,893 at 4% or $30,595 at 6%. |
| Pennington Farms Inc. Profit Sharing Plan | - | 7 | $721,831 | $25,700 | $3,671iApproximate average salary by contribution assumption: employee only about $91,786 at 4% or $61,190 at 6%; with 50% employer match about $61,190 at 4% or $40,794 at 6%; with 100% employer match about $45,893 at 4% or $30,595 at 6%. |
| 2001 | 1 | 7 | $0 | $0 | - |
| Pennington Farms Inc. Profit Sharing Plan | - | 7 | - | - | - |
| 2000 | 1 | 8 | $725,320 | $44,690 | $5,586iApproximate average salary by contribution assumption: employee only about $139,656 at 4% or $93,104 at 6%; with 50% employer match about $93,104 at 4% or $62,069 at 6%; with 100% employer match about $69,828 at 4% or $46,552 at 6%. |
| Pennington Farms Inc. Profit Sharing Plan | - | 8 | $725,320 | $44,690 | $5,586iApproximate average salary by contribution assumption: employee only about $139,656 at 4% or $93,104 at 6%; with 50% employer match about $93,104 at 4% or $62,069 at 6%; with 100% employer match about $69,828 at 4% or $46,552 at 6%. |
| 1999 | 1 | 7 | $637,331 | $42,375 | $6,054iApproximate average salary by contribution assumption: employee only about $151,339 at 4% or $100,893 at 6%; with 50% employer match about $100,893 at 4% or $67,262 at 6%; with 100% employer match about $75,670 at 4% or $50,446 at 6%. |
| Pennington Farms Inc. Profit Sharing Plan | - | 7 | $637,331 | $42,375 | $6,054iApproximate average salary by contribution assumption: employee only about $151,339 at 4% or $100,893 at 6%; with 50% employer match about $100,893 at 4% or $67,262 at 6%; with 100% employer match about $75,670 at 4% or $50,446 at 6%. |