# Generac Power Systems, INC. 401(k) Plan
Source: https://planprovider.pro/companies/generac-power-systems-inc-401k-plan

> Generac Power Systems, INC.'s 401(k) plan: 6,175 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Generac Power Systems, INC.

- **Sponsor EIN:** 390963276

- **Sponsor Address:** S45 W29290 HWY 59, WAUKESHA, WI, 53189

- **Plan Type:** 401(k)

- **Total Participants:** 6,175

- **Total Assets:** $343.6M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|6,175|$343.6M|$10.7M|$30.2M|

| 2023|5,021|$286.7M|$8.4M|$26.2M|

| 2022|621|$228.3M|$8.6M|$24.6M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| WIPFLI LLP|Auditor|$16,920|—|$16,920|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [WIPFLI LLP](https://planprovider.pro/provider/wipfli-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $16,920

- **Estimated Expense Ratio:** 0.005% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$447,745|$13,858|$300|$16,920|—|

| 2023|$551,824|$150,003|—|$12,650|—|

| 2022|$515,744|$135,700|—|—|$11,000|

## Similar Plans

- [Greenheck Fan Corporation](https://planprovider.pro/companies/greenheck-fan-corporation-401k-plan-005) — 4,531 participants

- [Innio Waukesha Gas Engines, INC.](https://planprovider.pro/companies/innio-waukesha-gas-engines-inc-401k-plan) — 532 participants

- [Regal Beloit America, INC.](https://planprovider.pro/companies/regal-beloit-america-inc-plan) — 453 participants

- [Switchgear Power Systems LLC](https://planprovider.pro/companies/switchgear-power-systems-llc-401k-plan) — 271 participants

- [Northwire, INC.](https://planprovider.pro/companies/northwire-inc-401k-plan) — 158 participants

- [Marlin Technologies, INC.](https://planprovider.pro/companies/marlin-technologies-inc-401k-plan) — 68 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/generac-power-systems-inc-401k-plan)

© 2026 PlanProvider.Pro