401(k)
2022 plan-year 401(k) DOL Form 5500

MYERS CONTROLLED POWER LLC 401K PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

MYERS CONTROLLED POWER LLC

This 401(k) plan holds $4M in total assets and serves 141 participants as of 2022. It is sponsored by MYERS CONTROLLED POWER LLC in Ohio. The plan reported a net loss of $354K for the year.

Total Assets (2023)
$4M
Participants
141
State
Industry
Manufacturing

What the Filing Says About MYERS CONTROLLED POWER LLC 401K PLAN

MYERS CONTROLLED POWER LLC 401K PLAN is a 401(k) retirement plan sponsored by MYERS CONTROLLED POWER LLC, headquartered in Ohio. As of the 2022 Form 5500 filing, the plan reports $4M in total end-of-year assets and covers 141 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 270116331, and the plan has been effective since 2005-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $4M at the beginning of 2022 to $4M at year-end — a decline of 8.6%. Net assets (after liabilities) closed the year at $4M, with reported net income of $-354,414 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$4M
Total Assets (End of Year)$4M
Net Assets (End of Year)$4M
Net Income$-354,414
Plan Type401(k)
Employer EIN270116331
Plan Effective Date2005-07-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the MYERS CONTROLLED POWER LLC 401K PLAN?
As of the 2022 Form 5500 filing, MYERS CONTROLLED POWER LLC 401K PLAN holds $4M in total assets with 141 participants. It is sponsored by MYERS CONTROLLED POWER LLC.
What type of plan is MYERS CONTROLLED POWER LLC 401K PLAN?
MYERS CONTROLLED POWER LLC 401K PLAN is a 401(k) plan. It has been effective since 2005-07-01. The plan is filed with the U.S. Department of Labor under EIN 270116331.
Who sponsors the MYERS CONTROLLED POWER LLC 401K PLAN?
MYERS CONTROLLED POWER LLC 401K PLAN is sponsored by MYERS CONTROLLED POWER LLC, located in Ohio. The sponsor's EIN is 270116331 and the plan operates in the Manufacturing industry.
How did MYERS CONTROLLED POWER LLC 401K PLAN perform in 2022?
MYERS CONTROLLED POWER LLC 401K PLAN declined by 8.6% during 2022, moving from $4M to $4M in total assets. Net income was $-354,414.
Where can I find official filings for MYERS CONTROLLED POWER LLC 401K PLAN?
Official Form 5500 filings for MYERS CONTROLLED POWER LLC 401K PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 270116331 or plan name at efast.dol.gov.
How does MYERS CONTROLLED POWER LLC 401K PLAN compare to other plans?
You can compare MYERS CONTROLLED POWER LLC 401K PLAN against other 401(k) plans on the plan type page, or view plans in Ohio on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 270116331.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.