401(k) · DOL Form 5500 · 2022

Power Solutions of New England, Inc. 401(k) Plan

Data updated 2026-08-25

$714K
Total assets Small plan by assets
7
Participants Small participant base
22nd
Percentile by assets National rank
$101,975
Avg per participant Below avg balance/head
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Official DOL plan name: Power Solutions of New England Retirement Plan · Sponsored by Power Solutions of New England, Inc. · Maine · Retail Trade

$714K in assets, 7 participants

Power Solutions of New England, Inc.'s Power Solutions of New England Retirement Plan reported $714K in total assets and 7 participants in its 2022 DOL Form 5500 filing, ranking in the 22nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #2,997 in Retail Trade (9,519 peers)

2022 asset change

Power Solutions of New England Retirement Plan surged 36.9% in 2022 ($521K → $714K) for 7 participants.

#2,997
in Retail Trade (9,519 peers)
+36.9%
assets growth YoY

Power Solutions of New England Retirement Plan among the smaller filed plans by assets

Power Solutions of New England Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$713,827 22nd percentile higher than 22% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Power Solutions of New England Retirement Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Power Solutions of New England Retirement Plan is a micro filing (7 participants), the leftmost band.

DOL schedule card

Filing strip 824062586 · Power Solutions of New England, Inc. PY 2022 · 401(k)

Power Solutions of New England Retirement Plan · $714K · 7 · 22nd

  • ASSETS $714K
  • ASSETS 7
  • ASSETS 22nd
  • ASSETS 401(k)
  • ASSETS near Creospan 401(k) Plan
  • ASSETS ind #2997

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Retail Trade retirement plans → · Plans in Maine →

Power Solutions of New England Retirement Plan in the asset neighbourhood

Power Solutions of New England Retirement PlanPower Solutions of New Engla…$714KCreospan 401(k) Plan$714KPittbell Investments, Inc 401(k) PlanPittbell Investments, Inc 40…$714KGuardian Northwest Title Compa 401(k) Profit Sharing Plan & TrustGuardian Northwest Title Com…$714KHeritage Enterprises 401(k) Profit Sharing PlanHeritage Enterprises 401(k) …$714K
End-of-year total assets ($M) among Power Solutions of New England Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Power Solutions of New England, Inc. years around the 2022 move

Sponsor-wide plan assets over time

All Power Solutions of New England, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$775K 8.595500030119343% vs 2022
2024 filing year
$0.65M$0.7M$0.75M$0.8M 202220232024 $0.71M $0.78M ▲ +9.9%
Year Plans Participants Total Assets
2022 1 7 $714K
2023 1 9 $678K
2024 1 8 $775K

2022 asset-move particulars

Total Assets (Beginning of Year)$521K
Net Assets (End of Year)$714K
Net Income$193K
Employer EIN824062586
Plan Effective Date2018-01-18
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Maine

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Power Solutions of New England Retirement Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -1012345 Total assets ($B) Participants Power Solutions of New England Retirement Plan, Total assets ($B): 0.000713827 · Participants: 7Power Solutions of New England Retirement PlanTd 401(k) Retirement Plan, Total assets ($B): 4.082814523 · Participants: 26725Td 401(k) Retirement PlanUnum Group 401(k) Retirement Plan, Total assets ($B): 1.823433108 · Participants: 9051Unum Group 401(k) Retirement PlanIdexx Retirement and Incentive Savings Plan, Total assets ($B): 0.833975444 · Participants: 6436Idexx Retirement and Incentive Savings PlanHannaford Bros. Co., LLC Retirement Savings Plan, Total assets ($B): 0.831539018 · Participants: 28776Hannaford Bros. Co., LLC Retirement Savings PlanThe Cianbro Team Equity Plan, Total assets ($B): 0.624114187 · Participants: 2575The Cianbro Team Equity Plan
Power Solutions of New England Retirement Plan vs. nearby 401(k) plans in Maine, assets vs. participants

Power Solutions of New England Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Maine, the nearest 401(k) by assets is Creospan 401(k) Plan in IL ($714K); by covered participants it is Stel Pro Inc 401(k) Plan in TX (7 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (7 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Power Solutions of New England Retirement Plan assets move in 2022?
Power Solutions of New England Retirement Plan surged - up 36.9% during 2022, from $521K to $714K. Reported net income was $193K.
How have Power Solutions of New England, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Power Solutions of New England, Inc.'s sponsor-wide assets grew 8.6%, from $714K to $775K.
Where does Power Solutions of New England Retirement Plan rank by assets among Form 5500 filers?
Power Solutions of New England Retirement Plan ranks in the 22nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Power Solutions of New England Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Creospan 401(k) Plan in IL ($714K, 90 participants).
Which 401(k) plans cover a similar participant headcount to Power Solutions of New England Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Stel Pro Inc 401(k) Plan in TX (7 participants, $67K in assets).