401(k) · DOL Form 5500 · 2022

Power Source Electric 401(k) Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
12
Participants Small participant base
26th
Percentile by assets National rank
$93,884
Avg per participant Below avg balance/head
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Official DOL plan name: Power Source Electric 401(k) Plan · Sponsored by Power Source Electric · Michigan · Construction

$1M in assets, 12 participants

Power Source Electric's Power Source Electric 401(k) Plan reported $1M in total assets and 12 participants in its 2022 DOL Form 5500 filing, ranking in the 26th 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.

  • #2,313 in Construction (9,927 peers)

Power Source Electric multi-year trail

Power Source Electric's plans moved +60.1% in assets from 2022 to 2024; this filing shows Power Source Electric 401(k) Plan at $1M / 12 participants.

#2,313
in Construction (9,927 peers)
-22.6%
assets change YoY

The plan reported a net loss of $329K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Power Source Electric 401(k) Plan among the smaller filed plans by assets

Power Source Electric 401(k) Plan vs every filed plan by assets

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

$1,126,613 26th percentile higher than 26% 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 Source Electric 401(k) Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Power Source Electric 401(k) Plan is a small filing (12 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 382881066 · Power Source Electric PY 2022 · 401(k)

Power Source Electric 401(k) Plan · $1M · 12 · 26th

  • PHOTO $1M
  • IND 12
  • EOY 26th
  • 5500 401(k)
  • ASSETS near Warren Union Employees 401(k) Plan
  • PCT ind #2313

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 Construction retirement plans → · Plans in Michigan →

Power Source Electric 401(k) Plan in the asset neighbourhood

Power Source Electric 401(k) PlanPower Source Electric 401(k)…$1MWarren Union Employees 401(k) PlanWarren Union Employees 401(k…$1MAmerican Management Group 401(k)American Management Group 40…$1MDominion Air, Inc. 401(k) PlanDominion Air, Inc. 401(k) Pl…$1MMilamic Corp. 401(k) Plan$1M
End-of-year total assets ($M) among Power Source Electric 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Power Source Electric multi-year asset trail

Sponsor-wide plan assets over time

All Power Source Electric plans reported in each filing year

Latest sponsor-wide plan assets
$2M 60.104490184295756% vs 2022
2024 filing year
$1M$1.5M$2M 202220232024 $1.13M $1.8M ▲ +59.3%
Year Plans Participants Total Assets
2022 1 12 $1M
2023 1 12 $1M
2024 1 14 $2M

Power Source Electric filing trail (2022)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$1M
Net Income-$329K
Employer EIN382881066
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Power Source Electric 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Power Source Electric 401(k) Plan, Total assets ($B): 0.001126613 · Participants: 12Power Source Electric 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Power Source Electric 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Power Source Electric 401(k) Plan side-by-side with 3 peers →

Power Source Electric 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Warren Union Employees 401(k) Plan in OH ($1M); by covered participants it is Snt Food and Beverage Retirement Plan in VA (12 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1M here).

Similar participant headcount

Nearest other-state filings by covered participants (12 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 Source Electric 401(k) Plan assets move in 2022? ▼
Power Source Electric 401(k) Plan declined sharply - down 22.6% during 2022, from $1M to $1M. Reported net income was -$329K.
How have Power Source Electric plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Power Source Electric's sponsor-wide assets grew 60.1%, from $1M to $2M.
Which 401(k) plans are similar in size to Power Source Electric 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Warren Union Employees 401(k) Plan in OH ($1M, 81 participants).
Which 401(k) plans cover a similar participant headcount to Power Source Electric 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Snt Food and Beverage Retirement Plan in VA (12 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 382881066.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.