Plan Snapshot
- Plan Sponsor: Power Solutions Of New England, INC.
- Sponsor EIN: 824062586
- Sponsor Address: 4 GENDRON DRIVE, UNIT 5, LEWISTON, ME, 04240
- Plan Type: 401(k)
- Total Participants: 8
- Total Assets: $775,184
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 8 | $775,184 | $13,854 | $31,097 |
| 2023 | 8 | $677,917 | $16,027 | $36,068 |
| 2022 | 9 | $713,827 | $10,185 | $25,461 |