401(k) · DOL Form 5500 · 2023

Powell Electronics, Inc. 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
231
Participants Below avg headcount
78th
Percentile by assets National rank
$121,225
Avg per participant Near avg balance/head
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Official DOL plan name: Powell Electronics, Inc. 401(k) Profit Sharing Plan · Sponsored by Powell Electronics, Inc. · New Jersey · Manufacturing

$28M in assets, 231 participants

Powell Electronics, Inc.'s Powell Electronics, Inc. 401(k) Profit Sharing Plan reported $28M in total assets and 231 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #13,062 in Manufacturing (18,722 peers)

Coverage in New Jersey

Powell Electronics, Inc. 401(k) Profit Sharing Plan covers 231 participants in New Jersey, about 27% of the average New Jersey filer (state average ~844 per filing). Assets: $28M.

#13,062
in Manufacturing (18,722 peers)
+16.1%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Powell Electronics, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Powell Electronics, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$28,002,917 Top 22% higher than 78% of 127,068 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 2023

Powell Electronics, Inc. 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Powell Electronics, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (231 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Powell Electronics, Inc. 401(k) Profit Sharing Plan reported net income rose from -$4M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Powell Electronics, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $24M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • Powell Electronics, Inc. 401(k) Profit Sharing Plan reported participants rose from 228 in the plan year 2022 filing to 231 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 231419651 · Powell Electronics, Inc. PY 2023 · 401(k)

Powell Electronics, Inc. 401(k) Profit Sharing Plan · $28M · 231 · 78th

  • EIN $28M
  • RANK 231
  • PHOTO 78th
  • IND 401(k)
  • EOY near Luminator Technology Group 401(k) Plan
  • 5500 ind #13062

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 New Jersey →

Powell Electronics, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Luminator Technology Group 401(k) PlanLuminator Technology Group 4…$28MSportsman's Market, Inc. Tax Deferred Savings PlanSportsman's Market, Inc. Tax…$28MLumenis Be, Inc. 401(k) Plan$28MPowell Electronics, Inc. 401(k) Profit Sharing PlanPowell Electronics, Inc. 401…$28MThe Lanier Law Firm, P.C. 401(k) PlanThe Lanier Law Firm, P.C. 40…$28M
End-of-year total assets ($M) among Powell Electronics, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$28M
Net Income$4M
Employer EIN231419651
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Powell Electronics, Inc.)

Sponsor-wide plan assets over time

All Powell Electronics, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$32M 33.63193942089582% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $24.1M $32.2M ▲ +33.6%
Year Plans Participants Total Assets
2022 1 228 $24M
2023 1 231 $28M
2024 1 231 $32M

Nearby 401(k) Plans in New Jersey

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

Powell Electronics, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Powell Electronics, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.028002917 · Participants: 231Powell Electronics, Inc. 401(k) Profit Sharing PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Powell Electronics, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Powell Electronics, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Powell Electronics, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Luminator Technology Group 401(k) Plan in TX ($28M); by covered participants it is Teacher Synergy LLC 401(k) Plan in NY (231 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($28M here).

Similar participant headcount

Nearest other-state filings by covered participants (231 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Powell Electronics, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Powell Electronics, Inc. 401(k) Profit Sharing Plan grew sharply - up 16.1% during 2023, from $24M to $28M. Reported net income was $4M.
How have Powell Electronics, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Powell Electronics, Inc.'s sponsor-wide assets grew 33.6%, from $24M to $32M.
Where does Powell Electronics, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Powell Electronics, Inc. 401(k) Profit Sharing Plan ranks in the 78th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Powell Electronics, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Luminator Technology Group 401(k) Plan in TX ($28M, 351 participants).
Which 401(k) plans cover a similar participant headcount to Powell Electronics, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Teacher Synergy LLC 401(k) Plan in NY (231 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 231419651.

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.