Power Services Group, Inc. 401(k) Plan: Login, Facts & Contact Information
Power Services Group, Inc. 401(k) Login
27 former Power Services Group, Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2023 filing.
Power Services Group, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2023 (Jan 1, 2023 – Dec 31, 2023), filed Sep 30, 2024. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2023
- $2.00 million went into the plan in contributions, $537,035 of it from the employer (27%).
- $1.82 million was paid out to participants.
- Investment and other income added $1.56 million.
- Administrative expenses were $56,132, about $393 per account.
How the Power Services Group, Inc. 401(k) changed, 2018–2023
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2018 | 142 | $7.21 million | $403,828 | $638,936 |
| 2019 | 274 | $10.4 million | $433,408 | $569,985 |
| 2020 | 297 | $12.6 million | $401,811 | $551,513 |
| 2021 | 287 | $13.8 million | $425,480 | $1.77 million |
| 2022 | 247 | $11.6 million | $461,385 | $1.67 million |
| 2023 | 255 | $13.3 million | $537,035 | $1.82 million |
Power Services Group, Inc. 401(k) Contact Information
Questions about the Power Services Group, Inc. 401(k)
Does Power Services Group, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $537,035, 27% of all contributions.
Does the Power Services Group, Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Power Services Group, Inc 401(k) plan?
255 participants at the start of plan year 2023, 222 of them active employees, and 27 former employees who still had money in the plan.
What is the average 401(k) balance at Power Services Group, Inc?
About $92,990 per account: $13.3 million in plan assets across 143 accounts with a balance at the end of plan year 2023.
Who manages the Power Services Group, Inc 401(k) accounts?
John Hancock (listed on the filing as JOHN HANCOCK USA) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Power Services Group, Inc. How do I access my 401(k)?
Your account stays with John Hancock 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.