401(k) · DOL Form 5500 · 2022

Air Power, Inc. 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
140
Participants Small participant base
76th
Percentile by assets National rank
$135,076
Avg per participant Near avg balance/head
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Official DOL plan name: Air Power, Inc. and Production Systems, Inc. Retirement Savings and Profit Sharing Plan · Sponsored by Air Power, Inc. · North Carolina · Manufacturing

$19M in assets, 140 participants

Air Power, Inc.'s Air Power, Inc. and Production Systems, Inc. Retirement Savings and Profit Sharing Plan reported $19M in total assets and 140 participants in its 2022 DOL Form 5500 filing, ranking in the 76th 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.

  • #13,836 in Manufacturing (20,602 peers)

Coverage in North Carolina

Air Power, Inc. and Production Systems, Inc. Retirement Savings and Profit Sharing Plan covers 140 participants in North Carolina, about 17% of the average North Carolina filer (state average ~819 per filing). Assets: $19M.

#13,836
in Manufacturing (20,602 peers)
+6.3%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Air Power, Inc. and Production Systems, Inc. Retirement Savings and Profit Sharing Plan's outsized position by total assets

Air Power, Inc. and Production Systems, Inc. Retirement Savings and Profit Sharing Plan vs every filed plan by assets

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

$18,910,574 Top 24% higher than 76% 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

Air Power, Inc. and Production Systems, Inc. Retirement Savings and Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Air Power, Inc. and Production Systems, Inc. Retirement Savings and Profit Sharing Plan sits mid-pack in the medium band (140 participants).

Form 5500 schedule snapshot

Filing strip 560898308 · Air Power, Inc. PY 2022 · 401(k)

Air Power, Inc. and Production Systems, Inc. Retirement Savings and Profit Sharing Plan · $19M · 140 · 76th

  • BOY $19M
  • SCH 140
  • EBSA 76th
  • PART 401(k)
  • TYPE near Associated Agencies, Inc. 401(k) Profit Sharing Plan
  • NET ind #13836

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 North Carolina →

Air Power, Inc. and Production Systems, Inc. Retirement Savings and Profit Sharing Plan in the asset neighbourhood

Air Power, Inc. and Production Systems, Inc. Retirement Savings and Profit Sharing PlanAir Power, Inc. and Producti…$19MAssociated Agencies, Inc. 401(k) Profit Sharing PlanAssociated Agencies, Inc. 40…$19MMcmillan Electric Company Salary Savings PlanMcmillan Electric Company Sa…$19MHaile Gold Mine, Inc. 401(k) Profit Sharing PlanHaile Gold Mine, Inc. 401(k)…$19MThe First Northern Bank & Trust 401(k) PlanThe First Northern Bank & Tr…$19M
End-of-year total assets ($M) among Air Power, Inc. and Production Systems, Inc. Retirement Savings and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$19M
Net Income$1M
Employer EIN560898308
Plan Effective Date1974-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Air Power, Inc.)

Sponsor-wide plan assets over time

All Air Power, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$18M 4.5372763407393135% vs 2022
2024 filing year
$17.5M$18M$18.5M$19M 202220232024 $18.9M $18.1M ▼ -4.5%
Year Plans Participants Total Assets
2022 1 140 $19M
2023 1 131 $19M
2024 1 128 $18M

Nearby 401(k) Plans in North Carolina

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

Air Power, Inc. and Production Systems, Inc. Retirement Savings and Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Air Power, Inc. and Production Systems, Inc. Retirement Savings and Profit Sharing Plan, Total assets ($B): 0.018910574 · Participants: 140Air Power, Inc. and Production Systems, Inc. Retirement Savings and Profit Sharing PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Air Power, Inc. and Production Systems, Inc. Retirement Savings and Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Air Power, Inc. and Production Systems, Inc. Retirement Savings and Profit Sharing Plan side-by-side with 3 peers →

Air Power, Inc. and Production Systems, Inc. Retirement Savings and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Associated Agencies, Inc. 401(k) Profit Sharing Plan in IL ($19M); by covered participants it is Dot Leasing Inc 401(k) Profit Sharing Plan & Trust in TX (140 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (140 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 Air Power, Inc. and Production Systems, Inc. Retirement Savings and Profit Sharing Plan assets move in 2022? ▼
Air Power, Inc. and Production Systems, Inc. Retirement Savings and Profit Sharing Plan grew at a solid clip - up 6.3% during 2022, from $18M to $19M. Reported net income was $1M.
How have Air Power, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Air Power, Inc.'s sponsor-wide assets declined 4.5%, from $19M to $18M.
Where does Air Power, Inc. and Production Systems, Inc. Retirement Savings and Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Air Power, Inc. and Production Systems, Inc. Retirement Savings and Profit Sharing Plan ranks in the 76th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Air Power, Inc. and Production Systems, Inc. Retirement Savings and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Associated Agencies, Inc. 401(k) Profit Sharing Plan in IL ($19M, 112 participants).
Which 401(k) plans cover a similar participant headcount to Air Power, Inc. and Production Systems, Inc. Retirement Savings and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dot Leasing Inc 401(k) Profit Sharing Plan & Trust in TX (140 participants, $584K 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 560898308.

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.