Plan Snapshot
- Plan Sponsor: Powerhouse Electrical Services, INC.
- Sponsor EIN: 743074359
- Sponsor Address: 1901 WAUKESHA DRIVE, PFLUGERVILLE, TX, 78660
- Plan Type: 401(k)
- Total Participants: 208
- Total Assets: $3.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 208 | $3.5M | $81,475 | $222,443 |
| 2023 | 216 | $3.1M | $88,470 | $228,279 |
| 2022 | 245 | $2.6M | $88,680 | $246,570 |
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 |
|---|---|---|---|---|
| JULY BUSINESS SERVICES, INC. | TPA AND RECORDKEEPER | $32,058 | — | $32,058 |
| KBFALK, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JULY BUSINESS SERVICES, INC. — TPA AND RECORDKEEPER
- KBFALK, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $32,058
- Estimated Expense Ratio: 0.920% 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 | $32,058 | — | — | — | — |
| 2023 | $18,249 | — | — | — | — |
| 2022 | $13,380 | — | $13,380 | — | — |