Plan Ledger DOL Form 5500 · updated monthly

Power Works Industries, Inc.401(k)

PWI 401(K) RETIREMENT SAVINGS PLAN · COLUMBUS, GA · plan year 2022

Reported admin expense ratio · 2022
0.85%

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

Power Works Industries, Inc. reported $686 in plan administrative expenses for 2022: 0.85% of average plan assets, below the peer median. Employer contributions averaged $287 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Georgia (2,143rd of 2,160), and 2,471st of 2,534 in administrative & support services. In 2022, employees put in $1.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$105,610
Participants with balances31
Active participants110
Employer contributions$31,559
Employee contributions$36,318
Employer contribution per active participant$287
Average account balance$3,407
Benefits paid to participants$7,225
Plan auditUnmodified (clean) audit opinion
AuditorFOUNTAIN, ARRINGTON, BASS, MERCER
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$686
Total administrative$686
The Power Works Industries, Inc. 401(k) match · 2022
Employer contribution per active participant$287
Median for plans this size$331

Power Works Industries, Inc.'s 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$686 · 0.85%
Same employer
Similar plansAdministrative & Support Services · Georgia
Kelly Tours, Inc. GA$384K · 1.01%
B.O.S. Security, Inc. GA$224K · 5.32%
Innovien Solutions LLC GA$212K · 0.02%
Energy Group, Inc. MI$113K · 0.70%
Performance Dynamics LLC IL$111K · 3.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582267548 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.