Department of Labor filing

POWER SYSTEM ENGINEERING, INC.

POWER SYSTEM ENGINEERING, INC. 401(K) PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Aug 11, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

65filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support
$9,091

Reported employer contributions per active participant.

Higher than about 90% of comparable plans
#People in the filing
115

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$527 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 5% of comparable plans
Investment performance
Not available

Plan assets changed 14.5%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202465out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions90th percentileTypical peer $3,137 · based on 5,509 comparable plans
Lower reported administrative expense5th percentileTypical peer $173 · based on 5,672 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, POWER SYSTEM ENGINEERING, INC. reported $1,045,426 in employer contributions across the plan and 115 active participants. That works out to $9,091 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy80%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 0.0%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 0.0%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context65/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$1,045,426
Participant contributions
$449,554
Other contributions
$484,871
Employer share of reported contributions
69.9%
Beginning assets
$15,663,016
Ending assets
$17,934,676
Ending net assets
$17,934,676
Ending liabilities
$0
Total income
$3,905,656
Total expenses
$1,633,996
Administrative expenses
$71,189
Participant loans
$147,746

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2024
$9,091
Plan-paid administrative expenses per participant
2024
$527
Active participants
2024
115
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2024$9,09111517.9M20250811115714NAL0003940019001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
0.8%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Not stated in the filing
Public plan identifier
391204386-002

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Jan 1, 2011
Industry
Professional, scientific, and technical services
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2J2K2F2G3D2T2S

Current plan terms

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Filing ACK_ID20250811115714NAL0003940019001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗