401(k) · DOL Form 5500 · 2023

Powell Agency Inc 401(k) Plan

Data updated 2026-08-25

$458K
Total assets Small plan by assets: 2
Participants Small participant base: 17th
Percentile by assets National rank: $229,158
Avg per participant Above avg balance/head

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Official DOL plan name: Powell Agency Inc 401(k) Plan · Sponsored by Powell Agency Inc · Alabama · Finance & Insurance

$458K in assets, 2 participants

Powell Agency Inc's Powell Agency Inc 401(k) Plan reported $458K in total assets and 2 participants in its 2023 DOL Form 5500 filing, ranking in the 17th 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.

#926 in Finance & Insurance (8,869 peers)

What the 2023 filing shows

Powell Agency Inc 401(k) Plan holds $458K for 2 participants - about $229,158 per participant, among the smaller plans by assets on file.

#926
in Finance & Insurance (8,869 peers): -4.1%
assets change YoY

The plan reported a net loss of $20K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Powell Agency Inc 401(k) Plan among the smaller filed plans by assets

Powell Agency Inc 401(k) Plan vs every filed plan by assets

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

$458,315 17th percentile higher than 17% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Powell Agency Inc 401(k) Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Powell Agency Inc 401(k) Plan is a micro filing (2 participants), the leftmost band.

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Powell Agency Inc 401(k) Plan reported net income fell from $7K in the plan year 2022 filing to -$20K in the plan year 2023 filing.
Powell Agency Inc 401(k) Plan end-of-year assets fell from $478K in the plan year 2022 filing to $458K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 832422248 · Powell Agency Inc PY 2023 · 401(k)

Powell Agency Inc 401(k) Plan · $458K · 2 · 17th

PCT $458K
EIN 2
RANK 17th
PHOTO 401(k)
IND near Jaarr Corp. 401(k) Profit Sharing Plan
EOY ind #926

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 Finance & Insurance retirement plans → · Plans in Alabama →

End-of-year total assets ($M) among Powell Agency Inc 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)	$478K
Net Assets (End of Year)	$458K
Net Income	-$20K
Employer EIN	832422248
Plan Effective Date	2018-11-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Powell Agency Inc)

Latest sponsor-wide plan assets: $458K 4.135047397528468% vs 2022; 2023 filing year

Year	Plans	Participants	Total Assets
2022	1	2	$478K
2023	1	2	$458K

Nearby 401(k) Plans in Alabama

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

Powell Agency Inc 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Regions Financial Corporation 401(k) Plan $2.9B · 20,733
Encompass Health Corporation 401(k) Retirement Plan $1.5B · 24,565
Hexagon Employee Retirement Savings Plan $1.5B · 4,618
Vulcan 401(k) Plan $1.4B · 9,487
Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan $1.1B · N/A

Compare Powell Agency Inc 401(k) Plan side-by-side with 3 peers →

Powell Agency Inc 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Jaarr Corp. 401(k) Profit Sharing Plan in FL ($458K); by covered participants it is Napa Bound Retirement Plan in FL (2 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($458K here).

Jaarr Corp. 401(k) Profit Sharing Plan (FL) $458K · 4
Life with We, Inc. 401(k) Plan (MO) $458K · 1
Zig Services Inc 401(k) Plan (PA) $458K · 10
Northern Michigan Business Services, Inc. 401(k) Profit Sharing Plan (MI) $458K · 7

Similar participant headcount

Nearest other-state filings by covered participants (2 participants); asset peers above are excluded.

Napa Bound Retirement Plan (FL) 2 · 0 off
Gillian Corporation 401(k) Plan (CO) 2 · 0 off
Javier Beltran LLC 401(k) Plan (DE) 2 · 0 off
Ideal Financial Group, Inc. 401(k) Profit Sharing Plan (CT) 2 · 0 off

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 Agency Inc 401(k) Plan assets move in 2023? ▼

Powell Agency Inc 401(k) Plan edged down modestly - down 4.1% during 2023, from $478K to $458K. Reported net income was -$20K.

How have Powell Agency Inc plan assets changed over time? ▼

Across 2 plan years on file (2022-2023), Powell Agency Inc's sponsor-wide assets declined 4.1%, from $478K to $458K.

Where does Powell Agency Inc 401(k) Plan rank by assets among Form 5500 filers? ▼

Powell Agency Inc 401(k) Plan ranks in the 17th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).

Which 401(k) plans are similar in size to Powell Agency Inc 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Jaarr Corp. 401(k) Profit Sharing Plan in FL ($458K, 4 participants).

Which 401(k) plans cover a similar participant headcount to Powell Agency Inc 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Napa Bound Retirement Plan in FL (2 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 832422248.