Patriot Power Investment 401(k) match, vesting and fees
What Patriot Power Investment's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Life & Annuity Insurance | Schedule C ↗ |
| Independent auditor | Windes, Inc. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,874 defined-contribution plans in construction with 100 to 499 participants.
| Patriot Power Investment: employer contribution per participant | $2,464 | |
| Peer median | $2,411 |
| Patriot Power Investment: average balance | $67,020 | |
| Peer median | $61,921 |
| Patriot Power Investment: admin expenses ÷ assets | 0.70% | |
| Peer median | 0.39% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $9.5M at the end of plan year 2021 to $9.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 144 | $9.4M | $347K | $2,464 | 0.70% | Not published | Form 5500 ↗ |
| 2023 | 133 | $8.9M | $296K | $2,246 | 0.44% | Not published | Form 5500 ↗ |
| 2022 | 138 | $7.8M | $278K | $2,013 | 0.47% | Not published | Form 5500 ↗ |
| 2021 | 142 | $9.5M | $293K | $2,060 | 0.84% | Not published | Form 5500 ↗ |
Other Patriot Power Investment plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Ppic Employee Stock Ownership Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Windes, Inc. (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
Common questions
Does Patriot Power Investment match 401(k) contributions?
The match terms for the Ppic 401(k) Safe Harbor Plan have not been published from its filing yet. The plan year 2024 filing reports $347K in employer contributions, about $2,464 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Patriot Power Investment 401(k) match vested?
The vesting schedule for the Ppic 401(k) Safe Harbor Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Patriot Power Investment 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Life & Annuity Insurance. The plan administrator is Patriot Power Investment Corporation.
I left Patriot Power Investment. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Patriot Power Investment Corporation, (575) 748-3400) or the recordkeeper, Empower Life & Annuity Insurance. The Patriot Power Investment old 401(k) page lists the contacts from every plan filing. Find an old Patriot Power Investment 401(k)
Data from the public Form 5500 annual reports Patriot Power Investment filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Patriot Power Investment. Not financial advice. Report a correction · Methodology