401(k) · DOL Form 5500 · 2023
Powell Industries, Inc. 401(k) Plan
Data updated 2026-08-25
- $228M
- Total assets Near avg plan size
- 1,536
- Participants Near avg headcount
- 95th
- Percentile by assets National rank
- $148,366
- Avg per participant Above avg balance/head
Official DOL plan name: Powell Industries, Inc. Employees Incentive Savings Plan · Sponsored by Powell Industries, Inc. · Texas · Manufacturing
$228M in assets, 1,536 participants
Powell Industries, Inc.'s Powell Industries, Inc. Employees Incentive Savings Plan reported $228M in total assets and 1,536 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.
- #17,315 in Manufacturing (18,722 peers)
Coverage in Texas
Powell Industries, Inc. Employees Incentive Savings Plan covers 1,536 participants in Texas, 2.2x the typical Texas plan (state average ~688 per filing). Assets: $228M.
- #17,315
- in Manufacturing (18,722 peers)
- +14.2%
- assets growth YoY
- 2.3×
- vs typical plan assets (national mean)
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 2023 · DOL Form 5500
$227,890,566 Top 5% higher than 95% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Powell Industries, Inc. Employees Incentive Savings Plan's large-plan peer group by participant headcount
Plan-year 2023 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 (1,536 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Powell Industries, Inc. Employees Incentive Savings Plan reported net income rose from -$38M in the plan year 2022 filing to $28M in the plan year 2023 filing.
- Powell Industries, Inc. Employees Incentive Savings Plan end-of-year assets rose from $200M in the plan year 2022 filing to $228M in the plan year 2023 filing.
- Powell Industries, Inc. Employees Incentive Savings Plan reported participants rose from 1,441 in the plan year 2022 filing to 1,536 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 880106100 · Powell Industries, Inc. PY 2023 · 401(k)
Powell Industries, Inc. Employees Incentive Savings Plan · $228M · 1,536 · 95th
- ASSETS $228M
- PCT 1,536
- EIN 95th
- RANK 401(k)
- PHOTO near First Tech Federal Credit Union Employees Qualified Savings Plan
- IND ind #17315
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) | $200M |
|---|---|
| Net Assets (End of Year) | $228M |
| Net Income | $28M |
| 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 $40.0B · 119,854
- Exxonmobil Savings Plan $21.9B · 23,477
- Caterpillar 401(k) Savings Plan $16.5B · 41,679
- American Airlines, Inc. 401(k) Plan $14.7B · 88,792
- Dell Inc. 401(k) Plan $13.5B · 45,686
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 First Tech Federal Credit Union Employees Qualified Savings Plan in OR ($228M); by covered participants it is Rubrik 401(k) Plan in CA (1,536 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($228M here).
- First Tech Federal Credit Union Employees Qualified Savings Plan (OR) $228M · 1,670
- United Bankshares, Inc. Savings and Stock Investment Plan (WV) $228M · 2,740
- Consumers Reports 401(k) Plan for Management and Exempt Employees (NY) $228M · 316
- Fleetcor Technologies, Inc. 401(k) Savings Plan (LA) $228M · 4,174
Similar participant headcount
Nearest other-state filings by covered participants (1,536 participants); asset peers above are excluded.
- Rubrik 401(k) Plan (CA) 1,536 · 0 off
- Genedx Holdings Corp. 401(k) Plan (CT) 1,537 · 1 off
- American Specialty Health Incorporated 401(k) Savings Plan (CA) 1,535 · 1 off
- Hcp Financial and Management Services 401(k) Plan (IL) 1,537 · 1 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.