Plan Snapshot
- Plan Sponsor: Power Engineers, INC.
- Sponsor EIN: 820441340
- Sponsor Address: 1032 S. SILVERSTONE WAY #200, MERIDIAN, ID, 83642
- Plan Type: 401(k)
- Total Participants: 3,733
- Total Assets: $591.6M
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 | 3,733 | $591.6M | $17.2M | $36.5M |
| 2023 | 3,637 | $513.5M | $16.1M | $32.4M |
| 2022 | 3,146 | $418.7M | $13.3M | $26.9M |
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 |
|---|---|---|---|---|
| EIDE BAILLY | Auditor | $13,125 | — | $13,125 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EIDE BAILLY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,125
- Estimated Expense Ratio: 0.002% 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 | $638,862 | $18,467 | $4,745 | $13,125 | — |
| 2023 | $455,956 | $101,730 | $336,886 | $12,500 | — |
| 2022 | $413,504 | $95,418 | $283,768 | — | $31,368 |