401(k) · DOL Form 5500 · 2024

Powersecure, Inc. 401(k) Plan

Data updated 2026-08-11

$70M
Total assets: 766
Participants: 88th
Percentile by assets: $90,826
Avg per participant

Official DOL plan name: Powersecure, Inc. 401(k) Retirment Plan · Sponsored by Powersecure, Inc. · North Carolina · Manufacturing

$70M in assets, 766 participants

Powersecure, Inc.'s Powersecure, Inc. 401(k) Retirment Plan reported $70M in total assets and 766 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

88th percentile by assets (of 123,622 plans)
#14,544 in Manufacturing (17,777 peers)

Where Powersecure, Inc. 401(k) Retirment Plan sits by assets

Powersecure, Inc. 401(k) Retirment Plan sits in the top quartile of all filed plans by assets, $70M for 766 participants (~$90,826/participant), up 13.3% in 2024.

$70M
total plan assets (2024 EOY): 766
covered participants: 88th
percentile by assets (of 123,622 plans): $90,826
avg assets per participant

Where Powersecure, Inc. 401(k) Retirment Plan sits by total assets

Powersecure, Inc. 401(k) Retirment Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$69,572,460 Top 12% higher than 88% of 123,620 filed plans

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

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Powersecure, Inc. 401(k) Retirment Plan end-of-year assets rose from $61M in the plan year 2023 filing to $70M in the plan year 2024 filing.
Powersecure, Inc. 401(k) Retirment Plan reported net income rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.
Powersecure, Inc. 401(k) Retirment Plan reported participants fell from 849 in the plan year 2023 filing to 766 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

North Carolina

Industry

Manufacturing

Powersecure, Inc. 401(k) Retirment Plan vs the 2024 asset distribution

By assets, Powersecure, Inc. 401(k) Retirment Plan outranks 88% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$61M
Net Assets (End of Year)	$70M
Net Income	$8M
Employer EIN	841557738
Plan Effective Date	1993-05-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Powersecure, Inc.)

Total plan assets by year, all Powersecure, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	868	$54M
2023	1	849	$61M
2024	1	766	$70M

Nearby 401(k) Plans in North Carolina

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

Powersecure, Inc. 401(k) Retirment Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

The Bank of America 401(k) Plan $62.9B · 168,963
Honeywell 401(k) Plan $16.3B · 39,468
Duke Energy Retirement Savings Plan $11.3B · 27,341
Nucor Corporation Profit Sharing and Retirement Savings Plan $9.3B · 27,070
Truist Financial Corporation 401(k) Savings Plan $9.2B · 52,699

Compare Powersecure, Inc. 401(k) Retirment Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Powersecure, Inc. 401(k) Retirment Plan by total assets, not by location.

Bennett Thrasher, LLP 401(k) Profit Sharing Plan (GA) $70M · 503
Great Southern Bancorp, Inc. 401(k) Plan (MO) $70M · 826
Trustbridge 401(k) Plan (FL) $70M · 1,055
Iscar Metals 401(k) Plan (TX) $70M · 352

Frequently Asked Questions

How did Powersecure, Inc. 401(k) Retirment Plan assets move in 2024? ▼

Powersecure, Inc. 401(k) Retirment Plan grew at a solid clip - up 13.3% during 2024, from $61M to $70M. Reported net income was $8M.

How have Powersecure, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Powersecure, Inc.'s sponsor-wide assets grew 28.8%, from $54M to $70M.

Where does Powersecure, Inc. 401(k) Retirment Plan rank by assets among Form 5500 filers? ▼

Powersecure, Inc. 401(k) Retirment Plan ranks in the 88th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).

Which 401(k) plans are similar in size to Powersecure, Inc. 401(k) Retirment Plan? ▼

Among 401(k) plans in other states, the closest by assets is Bennett Thrasher, LLP 401(k) Profit Sharing Plan in GA ($70M, 503 participants).

Next read for Powersecure, Inc. 401(k) Retirment Plan

Scale reading

Ways to act on Powersecure, Inc. 401(k) Retirment Plan's numbers.

By total assets, Powersecure, Inc. 401(k) Retirment Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
Powersecure, Inc.'s sponsor-wide assets have grown 28.8% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 841557738.