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

Psi 401(k) Plan

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

Sponsored by Power Solutions International, Inc. · Illinois · Manufacturing

What the 2023 filing shows

Psi 401(k) Plan holds $27M for 686 participants — about $39,419 per participant, down 17.1% over the 2022 plan year.

$27M
total plan assets (2022 EOY)
686
covered participants
$39,419
avg assets per participant
-17.1%
assets change YoY

The plan reported a net loss of $6M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$27M
Participants
686
State
Industry
Manufacturing

What the Filing Says About Psi 401(k) Plan

Psi 401(k) Plan is a 401(k) retirement plan sponsored by Power Solutions International, Inc., headquartered in Illinois. As of the 2022 Form 5500 filing, the plan reports $27M in total end-of-year assets and covers 686 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 330963637, and the plan has been effective since 2017-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $33M at the beginning of 2022 to $27M at year-end — a decline of 17.1%. Net assets (after liabilities) closed the year at $27M, with reported net income of $-5,582,817 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 and can be compared against 2 prior plan-year filings from the same sponsor shown below.

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)$33M
Total Assets (End of Year)$27M
Net Assets (End of Year)$27M
Net Income$-5,582,817
Plan Type401(k)
Employer EIN330963637
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Power Solutions International, Inc.)

Year Plans Participants Total Assets
2022 1 686 $27M
2023 1 725 $33M
2024 1 643 $40M

Nearby 401(k) Plans in Illinois

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

Frequently Asked Questions

How much money is in the Psi 401(k) Plan?
As of the 2022 Form 5500 filing, Psi 401(k) Plan holds $27M in total assets with 686 participants. It is sponsored by Power Solutions International, Inc..
What type of plan is Psi 401(k) Plan?
Psi 401(k) Plan is a 401(k) plan. It has been effective since 2017-01-01. The plan is filed with the U.S. Department of Labor under EIN 330963637.
Who sponsors the Psi 401(k) Plan?
Psi 401(k) Plan is sponsored by Power Solutions International, Inc., located in Illinois. The sponsor's EIN is 330963637 and the plan operates in the Manufacturing industry.
How did Psi 401(k) Plan perform in 2022?
Psi 401(k) Plan declined by 17.1% during 2022, moving from $33M to $27M in total assets. Net income was $-5,582,817.
Where can I find official filings for Psi 401(k) Plan?
Official Form 5500 filings for Psi 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 330963637 or plan name at efast.dol.gov.
How does Psi 401(k) Plan compare to other plans?
You can compare Psi 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Illinois 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 330963637.

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