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

No recent filing

No Form 5500 has been filed for this plan since plan year 2012. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Power Line Services, Inc. 401(k) Plan Facts (plan year 2012)

Plan name
POWER LINE SERVICES, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
POWER LINE SERVICES, INC.
Participants
1,003 (1,189 active employees)
Former employees with a balance
135
Plan assets
$12,505,445 at Dec 31, 2012
Average account balance
$19,269 across 649 accounts
Employer contributions
$629,168 in plan year 2012 (22% of all contributions)
Plan year
Jan 1, 2012 – Dec 31, 2012
Plan established
Jul 1, 1996
✓ 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 2012 (Jan 1, 2012 – Dec 31, 2012), filed Oct 15, 2013. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2012

  • $2.84 million went into the plan in contributions, $629,168 of it from the employer (22%).
  • $1.35 million was paid out to participants.
  • Investment and other income added $1.32 million.
  • Administrative expenses were $39,711, about $61 per account.

How the Power Line Services, Inc. 401(k) changed, 2011–2012

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20111,028$9.75 million$555,023$1.71 million
20121,003$12.5 million$629,168$1.35 million

Power Line Services, Inc. 401(k) Contact Information

Phone
281-651-2991
Mailing address
400 E. LAS COLINAS SUITE #800, IRVING TX 75039
Plan sponsor
POWER LINE SERVICES, INC.
Employer identification number (EIN)
27-0852003
Plan number
001

Questions about the Power Line Services, Inc. 401(k)

Is the Power Line Services, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2012, and no later filing was found under this employer's EIN.

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

Yes. The plan reports an employer contribution arrangement. In plan year 2012 the employer contributed $629,168, 22% of all contributions.

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

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

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

1,003 participants at the start of plan year 2012, 1,189 of them active employees, and 135 former employees who still had money in the plan.

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

About $19,269 per account: $12.5 million in plan assets across 649 accounts with a balance at the end of plan year 2012.

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

CHERNOFF DIAMOND & CO., LLC is the plan's recordkeeper, which is where participants log in to see their balance.

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