401(k) · DOL Form 5500 · 2022
Powell Industries, Inc. 401(k) Plan
Data updated 2026-08-11
- $200M
- Total assets
- 1,441
- Participants
- 96th
- Percentile by assets
- $138,528
- Avg per participant
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.
- 96th percentile by assets (of 139,126 plans)
- #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.
- $200M
- total plan assets (2022 EOY)
- 1,441
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $138,528
- avg assets per participant
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.
Participants vs Texas filers
In Texas, the average filing covers about 688 participants across 10,116 plans. Powell Industries, Inc. Employees Incentive Savings Plan reports 1,441 participants - 2.1x that state average ($200M EOY assets).
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.)
| 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.
Powell Industries, Inc. Employees Incentive Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants
- 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
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Powell Industries, Inc. Employees Incentive Savings Plan by total assets, not by location.
- 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
Frequently Asked Questions
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Filing takeaways
Ways to act on Powell Industries, Inc. Employees Incentive Savings Plan's numbers.
- By total assets, Powell Industries, Inc. Employees Incentive Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
- Powell Industries, Inc.'s sponsor-wide assets have grown 26.4% since 2022 across 3 plan years on file. More Manufacturing plans