Power Engineers, Inc. 401(k) Plan: Login, Facts & Contact Information

Power Engineers, Inc. 401(k) Plan Facts

Plan name
POWER PROFIT SHARING 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
POWER ENGINEERS, INC.
Participants
4,314 (3,733 active employees)
Former employees with a balance
706
Plan assets
$591,565,716 at Dec 31, 2024
Average account balance
$133,960 across 4,416 accounts
Employer contributions
$17,161,491 in plan year 2024 (27% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
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 Jul 29, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $63.5 million went into the plan in contributions, $17.2 million of it from the employer (27%).
  • $55.6 million was paid out to participants.
  • Investment and other income added $70.9 million.
  • Administrative expenses were $638,862, about $145 per account.

How the Power Engineers, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20192,853$328.8 million$9.49 million$16.9 million
20203,011$398.2 million$11.1 million$19.0 million
20213,206$474.6 million$11.7 million$26.9 million
20223,442$418.7 million$13.3 million$27.7 million
20233,785$513.5 million$16.1 million$28.7 million
20244,314$591.6 million$17.2 million$55.6 million

Power Engineers, Inc. 401(k) Contact Information

Phone
208-788-3456
Mailing address
1032 S. SILVERSTONE WAY #200, MERIDIAN ID 83642
Plan sponsor
POWER ENGINEERS, INC.
Employer identification number (EIN)
82-0441340
Plan number
001

Questions about the Power Engineers, Inc. 401(k)

Does Power Engineers, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $17.2 million, 27% of all contributions.

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

Yes. The plan reports automatic enrollment of eligible employees.

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

4,314 participants at the start of plan year 2024, 3,733 of them active employees, and 706 former employees who still had money in the plan.

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

About $133,960 per account: $591.6 million in plan assets across 4,416 accounts with a balance at the end of plan year 2024.

Who manages the Power Engineers, Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with Empower 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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