# Powell Batteries, INC 401(k) Plan
Source: https://planprovider.pro/companies/powell-batteries-inc-854129346-001

> Powell Batteries, INC's 401(k) plan: 2 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Powell Batteries, INC

- **Sponsor EIN:** 854129346

- **Sponsor Address:** 4405 BONAPARTE DRIVE, TUCKER, GA, 30084

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

- **Plan Number:** 001

- **Total Participants:** 2

- **Total Assets:** $175,806

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **Participant-Directed Investments:** No

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

## Plan Financials by Year

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

| 2024|2|$175,806|$0|$0|

| 2023|1|$651,119|$0|$0|

| 2022|1|$312,509|$0|$0|

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