Plan Ledger DOL Form 5500 · updated monthly

Power Solutions International, Inc.401(k)

PSI 401(K) PLAN · WOOD DALE, IL · plan year 2024

Reported admin expense ratio · 2024
0.05%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Power Solutions International, Inc. reported $16,634 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,452 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.04% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,087th-largest of 3,702 plans among Illinois employers on file, and the 3,651st of 13,661 in manufacturing. In 2024, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,408,520
Participants with balances931
Active participants714
Employer contributions$2,464,913
Employee contributions$3,905,515
Employer contribution per active participant$3,452
Average account balance$43,403
Benefits paid to participants$3,610,679
Plan auditUnmodified (clean) audit opinion
AuditorMILLER, COOPER, & CO, LTD
Plan history3
Yearassets · accounts · employer contribution
2024$40.4M · 931 accts · $2.5M emplr
2023$33.0M · 893 accts · $1.2M emplr
2022$27.0M · 927 accts · $871K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,634
Total administrative$16,634
The Power Solutions International, Inc. 401(k) match · 2024
Employer contribution per active participant$3,452
Median for plans this size$2,416
2024$3,452 per active participant
2023$1,839 per active participant
2022$1,202 per active participant

Power Solutions International, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$16,634

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$16,634 · 0.05%
2023$19,093 · 0.06%
2022$12,162 · 0.04%
Same employer
Similar plansManufacturing · Illinois
Viscofan USA, Inc. IL$41.6M · 0.21%
Versa Press Inc IL$41.6M · 0.02%
A.J. Antunes & Co. IL$40.9M · 0.21%
Nordex USA, Inc. IL$40.5M · 0.37%
Gonnella Baking Co. IL$40.4M · 0.24%
Rli Services, LLC IL$40.3M · 0.35%
Ppc Flexible Packaging, LLC IL$40.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330963637 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.