Hypower, Inc 401(k) Plan: Login, Facts & Contact Information

Hypower, Inc 401(k) Plan Facts

Plan name
HYPOWER, LLC 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
HYPOWER, LLC
Participants
578 (513 active employees)
Former employees with a balance
59
Plan assets
$15,065,773 at Dec 31, 2024
Average account balance
$71,402 across 211 accounts
Employer contributions
$642,476 in plan year 2024 (32% of all contributions)
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1997
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.03 million went into the plan in contributions, $642,476 of it from the employer (32%).
  • $2.50 million was paid out to participants.
  • Investment and other income added $2.00 million.
  • Administrative expenses were $18,915, about $90 per account.

How the Hypower, Inc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019289$7.74 million$400,673$345,736
2020398$9.64 million$457,191$757,217
2021297$11.9 million$465,071$593,245
2022318$10.7 million$526,248$922,984
2023402$13.6 million$537,330$1.01 million
2024578$15.1 million$642,476$2.50 million

Hypower, Inc 401(k) Contact Information

Phone
954-978-9300
Mailing address
5913 NW 31ST AVENUE, FORT LAUDERDALE FL 33309
Plan sponsor
HYPOWER, LLC
Employer identification number (EIN)
88-0271249
Plan number
002

Questions about the Hypower, Inc 401(k)

Does Hypower, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $642,476, 32% of all contributions.

Does the Hypower, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Hypower, Inc 401(k) plan?

578 participants at the start of plan year 2024, 513 of them active employees, and 59 former employees who still had money in the plan.

What is the average 401(k) balance at Hypower, Inc?

About $71,402 per account: $15.1 million in plan assets across 211 accounts with a balance at the end of plan year 2024.

Who manages the Hypower, Inc 401(k) accounts?

Ascensus is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Hypower, Inc. How do I access my 401(k)?

Your account stays with Ascensus after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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