Power Solutions Of New England, INC. 401(k) Plan

Form 5500 filing data for plan year 2024.

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

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
20248$775,184$13,854$31,097
20238$677,917$16,027$36,068
20229$713,827$10,185$25,461

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