Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Powers And Sons, LLC 401(K) Plan is a benefit plan reported by Powers And Sons, LLC under EIN 33-1009205 and plan number 001. The latest loaded filing year is 2023. The filing reports 520 participants and $18,335,859 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,335,859
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,335,859
- Net assets (BOY)
- $16,941,956
Income & contributions
- Employer contributions
- $506,956
- Participant contributions
- $801,136
- Total contributions
- $1,430,008
- Total income / additions
- $3,650,370
Expenses & distributions
- Benefits paid
- $2,183,899
- Administrative expenses
- $72,568
- Total expenses
- $2,256,467
- Net increase / (decrease)
- $1,393,903