Powerflow Engineering Inc. 401(K) Plan — Form 5500 plan (Powerflow Engineering Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Powerflow Engineering Inc. 401(K) Plan is a benefit plan reported by Powerflow Engineering Inc. under EIN 38-2643236 and plan number 001. The latest loaded filing year is 2023. The filing reports 17 participants and $1,712,667 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Powerflow Engineering Inc.
- EIN
- 38-2643236
- Plan number
- 001
- Plan type
- 2
- Location
- Westland, MI
- Latest filing year
- 2023
- Participants
- 17
- End-of-year plan assets
- $1,712,667
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 17 | I | 20240809094451NAL0006107201001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $1,712,667
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,712,667
- Net assets (BOY)
- $1,394,559
Income & contributions
- Employer contributions
- $63,631
- Participant contributions
- $68,570
- Total income / additions
- $318,402
Expenses & distributions
- Benefits paid
- $0
- Administrative expenses
- $205
- Total expenses
- $294
- Net increase / (decrease)
- $318,108
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.