# Power Solutions Of New England, INC. 401(k) Plan
Source: https://planprovider.pro/companies/power-solutions-of-new-england-inc-401k-plan

> Power Solutions Of New England, INC.'s 401(k) plan: 8 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

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

| 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|

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