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

SPS 401(K) PLAN

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

SWITCHGEAR POWER SYSTEMS LLC

This 401(k) plan holds $3M in total assets and serves 155 participants as of 2023. It is sponsored by SWITCHGEAR POWER SYSTEMS LLC in Wisconsin. The plan reported positive net income of $1M for the year.

Total Assets (2023)
$3M
Participants
155
State
Industry
Manufacturing

What the Filing Says About SPS 401(K) PLAN

SPS 401(K) PLAN is a 401(k) retirement plan sponsored by SWITCHGEAR POWER SYSTEMS LLC, headquartered in Wisconsin. As of the 2023 Form 5500 filing, the plan reports $3M in total end-of-year assets and covers 155 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 208342908, and the plan has been effective since 2012-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $2M at the beginning of 2023 to $3M at year-end — a gain of 62.1%. Net assets (after liabilities) closed the year at $3M, with reported net income of $1M 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)$2M
Total Assets (End of Year)$3M
Net Assets (End of Year)$3M
Net Income$1M
Plan Type401(k)
Employer EIN208342908
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (SWITCHGEAR POWER SYSTEMS LLC)

Year Plans Participants Total Assets
2022 1 120 $2M
2023 1 155 $3M
2024 1 217 $5M

Nearby 401(k) Plans in Wisconsin

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Frequently Asked Questions

How much money is in the SPS 401(K) PLAN?
As of the 2023 Form 5500 filing, SPS 401(K) PLAN holds $3M in total assets with 155 participants. It is sponsored by SWITCHGEAR POWER SYSTEMS LLC.
What type of plan is SPS 401(K) PLAN?
SPS 401(K) PLAN is a 401(k) plan. It has been effective since 2012-01-01. The plan is filed with the U.S. Department of Labor under EIN 208342908.
Who sponsors the SPS 401(K) PLAN?
SPS 401(K) PLAN is sponsored by SWITCHGEAR POWER SYSTEMS LLC, located in Wisconsin. The sponsor's EIN is 208342908 and the plan operates in the Manufacturing industry.
How did SPS 401(K) PLAN perform in 2023?
SPS 401(K) PLAN grew by 62.1% during 2023, moving from $2M to $3M in total assets. Net income was $1M.
Where can I find official filings for SPS 401(K) PLAN?
Official Form 5500 filings for SPS 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 208342908 or plan name at efast.dol.gov.
How does SPS 401(K) PLAN compare to other plans?
You can compare SPS 401(K) PLAN against other 401(k) plans on the plan type page, or view plans in Wisconsin 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 208342908.

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 official public datasets. See our methodology for details.