401(k)
2023 plan-year 401(k) DOL Form 5500

Powers of Arkansas, Inc. 401(k) Profit Sharing Plan and Trust

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

Sponsored by Powers of Arkansas, Inc. · Arkansas · Construction

What the 2023 filing shows

Powers of Arkansas, Inc. 401(k) Profit Sharing Plan and Trust holds $9M for 177 participants — about $50,465 per participant, up 26.8% over the 2023 plan year.

$9M
total plan assets (2023 EOY)
177
covered participants
$50,465
avg assets per participant
+26.8%
assets growth YoY
Total Assets (2023)
$9M
Participants
177
State
Industry
Construction

What the Filing Says About Powers of Arkansas, Inc. 401(k) Profit Sharing Plan and Trust

Powers of Arkansas, Inc. 401(k) Profit Sharing Plan and Trust is a 401(k) retirement plan sponsored by Powers of Arkansas, Inc., headquartered in Arkansas. As of the 2023 Form 5500 filing, the plan reports $9M in total end-of-year assets and covers 177 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 710606308, and the plan has been effective since 1987-11-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $7M at the beginning of 2023 to $9M at year-end — a gain of 26.8%. Net assets (after liabilities) closed the year at $9M, with reported net income of $2M 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)$7M
Total Assets (End of Year)$9M
Net Assets (End of Year)$9M
Net Income$2M
Plan Type401(k)
Employer EIN710606308
Plan Effective Date1987-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Powers of Arkansas, Inc.)

Year Plans Participants Total Assets
2022 1 153 $7M
2023 1 177 $9M
2024 1 288 $15M

Nearby 401(k) Plans in Arkansas

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

Frequently Asked Questions

How much money is in the Powers of Arkansas, Inc. 401(k) Profit Sharing Plan and Trust?
As of the 2023 Form 5500 filing, Powers of Arkansas, Inc. 401(k) Profit Sharing Plan and Trust holds $9M in total assets with 177 participants. It is sponsored by Powers of Arkansas, Inc..
What type of plan is Powers of Arkansas, Inc. 401(k) Profit Sharing Plan and Trust?
Powers of Arkansas, Inc. 401(k) Profit Sharing Plan and Trust is a 401(k) plan. It has been effective since 1987-11-01. The plan is filed with the U.S. Department of Labor under EIN 710606308.
Who sponsors the Powers of Arkansas, Inc. 401(k) Profit Sharing Plan and Trust?
Powers of Arkansas, Inc. 401(k) Profit Sharing Plan and Trust is sponsored by Powers of Arkansas, Inc., located in Arkansas. The sponsor's EIN is 710606308 and the plan operates in the Construction industry.
How did Powers of Arkansas, Inc. 401(k) Profit Sharing Plan and Trust perform in 2023?
Powers of Arkansas, Inc. 401(k) Profit Sharing Plan and Trust grew by 26.8% during 2023, moving from $7M to $9M in total assets. Net income was $2M.
Where can I find official filings for Powers of Arkansas, Inc. 401(k) Profit Sharing Plan and Trust?
Official Form 5500 filings for Powers of Arkansas, Inc. 401(k) Profit Sharing Plan and Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 710606308 or plan name at efast.dol.gov.
How does Powers of Arkansas, Inc. 401(k) Profit Sharing Plan and Trust compare to other plans?
You can compare Powers of Arkansas, Inc. 401(k) Profit Sharing Plan and Trust against other 401(k) plans on the plan type page, or view plans in Arkansas on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 710606308.

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.