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, Powers Of Arkansas, Inc. 401(K) Profit Sharing Plan And Trust is a benefit plan reported by Powers Of Arkansas, Inc. under EIN 71-0606308 and plan number 001. The latest loaded filing year is 2023. The filing reports 201 participants and $8,932,272 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,932,272
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,932,272
- Net assets (BOY)
- $7,046,066
Income & contributions
- Employer contributions
- $591,133
- Participant contributions
- $976,728
- Total contributions
- $1,567,861
- Total income / additions
- $2,688,143
Expenses & distributions
- Benefits paid
- $751,512
- Administrative expenses
- $50,425
- Total expenses
- $801,937
- Net increase / (decrease)
- $1,886,206