Power Engineers, Inc. Employee Benefit Plan — Form 5500 plan (Power Engineers, Inc Voluntary Employee Beneficiary Trust)
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, Power Engineers, Inc. Employee Benefit Plan is a benefit plan reported by Power Engineers, Inc Voluntary Employee Beneficiary Trust under EIN 90-0474836 and plan number 505. The latest loaded filing year is 2023. The filing reports 2,989 participants and $5,907,800 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Power Engineers, Inc Voluntary Employee Beneficiary Trust
- EIN
- 90-0474836
- Plan number
- 505
- Plan type
- 2
- Location
- Meridian, ID
- Latest filing year
- 2023
- Participants
- 2,989
- End-of-year plan assets
- $5,907,800
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,989 | H, C | 20241007104825NAL0030634194004 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,907,800
- Total liabilities (EOY)
- $5,165,247
- Net assets (EOY)
- $742,553
- Net assets (BOY)
- $1,442,160
Income & contributions
- Employer contributions
- $45,215,923
- Participant contributions
- $16,383,649
- Total contributions
- $61,983,372
- Total income / additions
- $62,069,066
Expenses & distributions
- Benefits paid
- $58,162,907
- Administrative expenses
- $4,605,766
- Total expenses
- $62,768,673
- Net increase / (decrease)
- -$699,607
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Blue Cross Of Idaho | NONE | $4,112,850 | not reported in the loaded dataset | 2023 |
| Delta Dental Of Idaho | NONE | $177,375 | not reported in the loaded dataset | 2023 |
| Gallagher Benefit Services Inc | NONE | $103,692 | not reported in the loaded dataset | 2023 |
| Navia Benefit Solutions | not reported in the loaded dataset | $75,712 | not reported in the loaded dataset | 2023 |
| Bridge Health | NONE | $56,675 | not reported in the loaded dataset | 2023 |
| Wells Fargo, N.A. | NONE | $5,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Power Engineers, Inc Voluntary Employee Beneficiary Trust
- 2023 Form 5500 filing
- Form 5500 filings in ID
- 401(k) and benefit plan filings in Meridian, ID
- Blue Cross Of Idaho — Schedule C compensation
- Delta Dental Of Idaho — Schedule C compensation
- Gallagher Benefit Services Inc — Schedule C compensation
- Navia Benefit Solutions — Schedule C compensation
- Bridge Health — Schedule C compensation
- Wells Fargo, N.A. — Schedule C compensation