401(k) · DOL Form 5500 · 2024
Powerex, Inc. 401(k) Plan
Data updated 2026-08-25
- $49M
- Total assets Below avg plan size
- 199
- Participants Below avg headcount
- 84th
- Percentile by assets National rank
- $245,888
- Avg per participant Above avg balance/head
Official DOL plan name: Powerex Savings and Retirement Plan · Sponsored by Powerex, Inc. · Pennsylvania · Manufacturing
$49M in assets, 199 participants
Powerex, Inc.'s Powerex Savings and Retirement Plan reported $49M in total assets and 199 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.
- #13,708 in Manufacturing (17,777 peers)
Coverage in Pennsylvania
Powerex Savings and Retirement Plan covers 199 participants in Pennsylvania, about 24% of the average Pennsylvania filer (state average ~822 per filing). Assets: $49M.
- #13,708
- in Manufacturing (17,777 peers)
- +9.5%
- assets growth YoY
- 0.5×
- vs typical plan assets (national mean)
Powerex Savings and Retirement Plan's outsized position by total assets
Powerex Savings and Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$48,931,801 Top 16% higher than 84% 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
Powerex Savings and Retirement Plan among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Powerex Savings and Retirement Plan sits mid-pack in the medium band (199 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Powerex Savings and Retirement Plan reported net income fell from $7M in the plan year 2023 filing to $4M in the plan year 2024 filing.
- Powerex Savings and Retirement Plan reported participants rose from 181 in the plan year 2023 filing to 199 in the plan year 2024 filing.
- Powerex Savings and Retirement Plan end-of-year assets rose from $45M in the plan year 2023 filing to $49M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 251501339 · Powerex, Inc. PY 2024 · 401(k)
Powerex Savings and Retirement Plan · $49M · 199 · 84th
- PHOTO $49M
- IND 199
- EOY 84th
- 5500 401(k)
- ASSETS near Control Southern Inc. Profit Sharing Plan
- PCT ind #13708
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 Manufacturing retirement plans → · Plans in Pennsylvania →
Powerex Savings and Retirement Plan in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $45M |
|---|---|
| Net Assets (End of Year) | $49M |
| Net Income | $4M |
| Employer EIN | 251501339 |
| Plan Effective Date | 1986-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Powerex, Inc.)
Sponsor-wide plan assets over time
All Powerex, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $49M 30.968597172124568% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 157 | $37M |
| 2023 | 1 | 181 | $45M |
| 2024 | 1 | 199 | $49M |
Nearby 401(k) Plans in Pennsylvania
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Comcast Corporation Retirement - Investment Plan $19.7B · 90,495
- The Cigna Group 401(k) Plan $14.2B · 63,634
- The Vanguard Retirement and Savings Plan $11.1B · 18,066
- Thermo Fisher Scientific Inc. 401(k) Retirement Plan $10.3B · 36,150
- The PNC Financial Services Group, Inc. Incentive Savings Plan $10.2B · 54,604
Powerex Savings and Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside Pennsylvania, the nearest 401(k) by assets is Control Southern Inc. Profit Sharing Plan in GA ($49M); by covered participants it is Cascade Services, Inc. 401(k) Plan in UT (199 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($49M here).
- Control Southern Inc. Profit Sharing Plan (GA) $49M · 251
- Lochmueller Group, Inc. 401(k) Savings Plan (IN) $49M · 337
- Superior Industrial Solutions, Inc. Retirement Plan (IN) $49M · 345
- Cws Savings Plan (401(k)) (TX) $49M · 777
Similar participant headcount
Nearest other-state filings by covered participants (199 participants); asset peers above are excluded.
- Cascade Services, Inc. 401(k) Plan (UT) 199 · 0 off
- Sanwa Growers, Inc 401(k) Plan (FL) 199 · 0 off
- Stillwater Designs and Audio, Inc. 401(k) Profit Sharing Plan (OK) 199 · 0 off
- Popmenu 401(k) Plan (GA) 199 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.