401(k) · DOL Form 5500 · 2022
Powell Industries, Inc. 401(k) Plan
Data updated 2026-08-25
- $200M
- Total assets Near avg plan size
- 1,441
- Participants Near avg headcount
- 96th
- Percentile by assets National rank
- $138,528
- Avg per participant Near avg balance/head
Official DOL plan name: Powell Industries, Inc. Employees Incentive Savings Plan · Sponsored by Powell Industries, Inc. · Texas · Manufacturing
$200M in assets, 1,441 participants
Powell Industries, Inc.'s Powell Industries, Inc. Employees Incentive Savings Plan reported $200M in total assets and 1,441 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.
- #19,179 in Manufacturing (20,602 peers)
Coverage in Texas
Powell Industries, Inc. Employees Incentive Savings Plan covers 1,441 participants in Texas, 2.1x the typical Texas plan (state average ~688 per filing). Assets: $200M.
- #19,179
- in Manufacturing (20,602 peers)
- -16.0%
- assets change YoY
- 2.0×
- vs typical plan assets (national mean)
The plan reported a net loss of $38M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Powell Industries, Inc. Employees Incentive Savings Plan's outsized position by total assets
Powell Industries, Inc. Employees Incentive Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$199,619,278 Top 4% higher than 96% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Powell Industries, Inc. Employees Incentive Savings Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Powell Industries, Inc. Employees Incentive Savings Plan lands in the large band (1,441 participants).
Form 5500 schedule snapshot
Filing strip 880106100 · Powell Industries, Inc. PY 2022 · 401(k)
Powell Industries, Inc. Employees Incentive Savings Plan · $200M · 1,441 · 96th
- BOY $200M
- SCH 1,441
- EBSA 96th
- PART 401(k)
- TYPE near Brighthouse Services, LLC Savings Plan and Trust
- NET ind #19179
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 Manufacturing retirement plans → · Plans in Texas →
Powell Industries, Inc. Employees Incentive Savings Plan in the asset neighbourhood
Texas filing particulars
| Total Assets (Beginning of Year) | $238M |
|---|---|
| Net Assets (End of Year) | $200M |
| Net Income | -$38M |
| Employer EIN | 880106100 |
| Plan Effective Date | 1960-12-12 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Powell Industries, Inc.)
Sponsor-wide plan assets over time
All Powell Industries, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $252M 26.375986090882463% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,441 | $200M |
| 2023 | 1 | 1,536 | $228M |
| 2024 | 1 | 1,934 | $252M |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- AT&T Retirement Savings Plan $37.6B · 144,503
- Exxonmobil Savings Plan $21.3B · 23,619
- Caterpillar 401(k) Savings Plan $13.8B · 38,538
- American Airlines, Inc. 401(k) Plan $12.8B · 85,577
- Dell Inc. 401(k) Plan $12.0B · 47,532
Powell Industries, Inc. Employees Incentive Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Texas, the nearest 401(k) by assets is Brighthouse Services, LLC Savings Plan and Trust in NC ($200M); by covered participants it is West Bend Mutual Insurance Company Employee Savings Plan in WI (1,441 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($200M here).
- Brighthouse Services, LLC Savings Plan and Trust (NC) $200M · 1,483
- Kindercare Education Savings and Investment Plan (OR) $200M · 32,249
- Brg 401(k) Plan (DC) $200M · 1,141
- Commvault Systems, Inc. 401(k) Plan (NJ) $200M · 1,703
Similar participant headcount
Nearest other-state filings by covered participants (1,441 participants); asset peers above are excluded.
- West Bend Mutual Insurance Company Employee Savings Plan (WI) 1,441 · 0 off
- Quirch Foods 401(k) Plan (FL) 1,441 · 0 off
- Faegre Drinker Retirement Savings Plan 1 (MN) 1,441 · 0 off
- Union Home Mortgage Corporation 401(k) Plan (OH) 1,441 · 0 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.