Plan Snapshot
- Plan Sponsor: Power Systems Mfg., LLC
- Sponsor EIN: 208576861
- Sponsor Address: 1440 WEST INDIANTOWN ROAD, JUPITER, FL, 33458
- Plan Type: 401(k)
- Total Participants: 510
- Total Assets: $133.9M
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 | 510 | $133.9M | $5.7M | $5.3M |
| 2023 | 454 | $111.9M | $5.1M | $4.9M |
| 2022 | 403 | $88.2M | $4.2M | $4.1M |
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 |
|---|---|---|---|---|
| BERKOWITZ POLLACK BRANT | Auditor | $26,082 | — | $26,082 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BERKOWITZ POLLACK BRANT — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,082
- Estimated Expense Ratio: 0.019% 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 | -$43,906 | $18,876 | $1,800 | $26,082 | — |
| 2023 | -$30,150 | $35,056 | — | $24,000 | — |
| 2022 | -$35,880 | $7,022 | — | — | — |