Powers and Sons, LLC401(k)
POWERS AND SONS, LLC 401(K) PLAN · MONTPELIER, OH · plan year 2023
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Powers and Sons, LLC reported $72,568 in plan administrative expenses for 2023: 0.41% of average plan assets, above the peer median. Employer contributions averaged $1,899 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 3 years on file its reported administrative ratio has held roughly steady near 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,411th-largest of 3,295 plans among Ohio employers on file, and the 6,265th of 13,661 in manufacturing. In 2023, employees put in $1.58 for every $1.00 the employer contributed; active participation has shrunk from 384 to 267 since 2022.
Powers and Sons, LLC's 2023 employer contribution ran below the $2,440 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 331009205 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.