Powell Electronics 401(k) match, vesting and fees

Plan year 2025 filingPowell Electronics, Inc. 401(k) Profit Sharing Plan · Plan 002 · EIN 23-1419651Updated Oct 2026

What Powell Electronics' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2025 filing reports $784K in employer contributions, about $4,307 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2025 Form 5500 ↗
$210,545
Average account balance
260
Participants (end of year)
$38.3M
Plan assets (end of year)
0.35%
Admin expenses ÷ assets

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.

RecordkeeperJohn Hancock Life Insurance Co USASchedule C ↗
Independent auditorKelly Welde & Co., Cpa'S (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2025 medians for 3,042 defined-contribution plans in manufacturing with 100 to 499 participants.

Powell Electronics: employer contribution per participant$4,307
Peer median$1,962
Powell Electronics: average balance$210,545
Peer median$75,225
Powell Electronics: admin expenses ÷ assets0.35%
Peer median0.32%

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 $27.9M at the end of plan year 2021 to $38.3M at the end of plan year 2025.

$27.9M2021$24.1M2022$28M2023$32.2M2024$38.3M2025
End-of-year figures from each plan year's Form 5500 filing for the Powell Electronics plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2025260$38.3M$784K$4,3070.35%Not publishedForm 5500 ↗
2024253$32.2M$764K$4,1500.36%Not publishedForm 5500 ↗
2023256$28M$634K$3,4250.38%Not publishedForm 5500 ↗
2022248$24.1M$854K$4,7740.29%Not publishedForm 5500 ↗
2021250$27.9M$832K$4,5470.34%Not publishedForm 5500 ↗

Common questions

Does Powell Electronics match 401(k) contributions?

The match terms for the Powell Electronics, Inc. 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2025 filing reports $784K in employer contributions, about $4,307 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Powell Electronics 401(k) match vested?

The vesting schedule for the Powell Electronics, Inc. 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Powell Electronics 401(k)?

The recordkeeper listed on Schedule C of the plan year 2025 filing is John Hancock Life Insurance Co USA. The plan administrator is Powell Electronics, Inc..

I left Powell Electronics. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Powell Electronics, Inc., (856) 241-8005) or the recordkeeper, John Hancock Life Insurance Co USA. The Powell Electronics old 401(k) page lists the contacts from every plan filing. Find an old Powell Electronics 401(k)

Data from the public Form 5500 annual reports Powell Electronics filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) 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 Powell Electronics. Not financial advice. Report a correction · Methodology