Powerhouse Management, Inc.401(k)
POWERHOUSE MANAGEMENT 401(K) PLAN · AUSTIN, TX · plan year 2021
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Powerhouse Management, Inc. reported $2,909 in plan administrative expenses for 2021: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $19,665 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 1 year on file its reported administrative ratio rose from 0.01% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 109 comparable plans and shown alongside other information & media employers. By assets it is the 1,785th-largest of 5,688 plans among Texas employers on file, and the 916th of 2,199 in information & media. In 2021, employees put in $1.02 for every $1.00 the employer contributed.
Powerhouse Management, Inc.'s 2021 employer contribution ran above the $2,122 median for plans its size, placing it in the top quarter of its peers. 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.
Annual cost at the plan's reported 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 208658118 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.