Plan5500

Power Design, Inc. Retirement Plan — Form 5500 plan (Power Design, Inc.)

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, Power Design, Inc. Retirement Plan is a benefit plan reported by Power Design, Inc. under EIN 65-0147539 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,746 participants and $64,596,650 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Power Design, Inc.
EIN
65-0147539
Plan number
001
Plan type
2
Location
St. Petersburg, FL
Latest filing year
2023
Participants
2,746
End-of-year plan assets
$64,596,650

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,746H, C20241223143148NAL0004979667001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$64,596,650
Total liabilities (EOY)
$0
Net assets (EOY)
$64,596,650
Net assets (BOY)
$45,963,410

Income & contributions

Employer contributions
$2,877,544
Participant contributions
$8,345,364
Total contributions
$12,164,323
Total income / additions
$21,473,459

Expenses & distributions

Benefits paid
$2,625,947
Administrative expenses
$214,272
Total expenses
$2,840,219
Net increase / (decrease)
$18,633,240

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Newport Group, Inc.RECORDKEEPER$141,714$02023
Pnc Institutional Asset ManagementADVISOR$57,173not reported in the loaded dataset2023
Newport Trust CompanyTRUSTEE$15,384$02023

Related Form 5500 pages