401(k) · DOL Form 5500 · 2024

Power Engineers, Inc. 401(k) Plan

Data updated 2026-08-06

$592M
Total assets
3,637
Participants
98th
Percentile by assets
$162,652
Avg per participant
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Official DOL plan name: Power Profit Sharing 401(k) Plan · Sponsored by Power Engineers, Inc. · Idaho · Professional & Technical Services

$592M in assets, 3,637 participants

Power Engineers, Inc.'s Power Profit Sharing 401(k) Plan reported $592M in total assets and 3,637 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 116,472 plans)
  • #19,221 in Professional & Technical Services (19,542 peers)

Coverage in Idaho

Power Profit Sharing 401(k) Plan covers 3,637 participants in Idaho, 11x the typical Idaho plan (state average ~346 per filing). Assets: $592M.

$592M
total plan assets (2024 EOY)
3,637
covered participants
98th
percentile by assets (of 116,472 plans)
$162,652
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Power Profit Sharing 401(k) Plan reported net income fell from $95M in the plan year 2023 filing to $78M in the plan year 2024 filing.
  • Power Profit Sharing 401(k) Plan reported participants rose from 3,146 in the plan year 2023 filing to 3,637 in the plan year 2024 filing.
  • Power Profit Sharing 401(k) Plan end-of-year assets rose from $514M in the plan year 2023 filing to $592M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Idaho filers

In Idaho, the average filing covers about 346 participants across 720 plans. Power Profit Sharing 401(k) Plan reports 3,637 participants - 11x that state average ($592M EOY assets).

Idaho filing particulars

Total Assets (Beginning of Year)$514M
Net Assets (End of Year)$592M
Net Income$78M
Employer EIN820441340
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Power Engineers, Inc.)

$400M$500M$600M$700M 202220232024 $419M $592M ▲ +41.3%
Total plan assets by year, all Power Engineers, Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,848 $419M
2023 1 3,146 $514M
2024 1 3,637 $592M

Nearby 401(k) Plans in Idaho

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

Power Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Idaho, assets vs. participants

Power Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Idaho, assets vs. participants Scatter plot of 6 data points. 0200040006000800010000 01234 Total assets ($B) Participants Power Profit Sharing…Micron Technology In…Simplot Retirement S…Idaho Power Company …Boise Cascade Compan…Lamb Weston, Inc. 40…
Power Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Idaho, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Power Profit Sharing 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Power Profit Sharing 401(k) Plan assets move in 2024?
Power Profit Sharing 401(k) Plan grew sharply - up 15.2% during 2024, from $514M to $592M. Reported net income was $78M.
How have Power Engineers, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Power Engineers, Inc.'s sponsor-wide assets grew 41.3%, from $419M to $592M.
Where does Power Profit Sharing 401(k) Plan rank by assets among Form 5500 filers?
Power Profit Sharing 401(k) Plan ranks in the 98th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Power Profit Sharing 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Emerging Markets Employees' Savings Plan in MI ($592M, 3,042 participants).

Filing takeaways

Ways to act on Power Profit Sharing 401(k) Plan's numbers.