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

Powerex, Inc. 401(k) Plan Facts

Plan name
POWEREX SAVINGS AND RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
POWEREX, INC.
Participants
264 (205 active employees)
Former employees with a balance
58
Plan assets
$48,931,801 at Dec 31, 2024
Average account balance
$183,954 across 266 accounts
Employer contributions
$961,896 in plan year 2024 (43% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1986
✓ 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

  • $2.25 million went into the plan in contributions, $961,896 of it from the employer (43%).
  • $4.62 million was paid out to participants.
  • Investment and other income added $6.66 million.
  • Administrative expenses were $33,734, about $127 per account.

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

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019220$42.9 million$801,519$3.30 million
2020236$44.4 million$889,481$6.50 million
2021218$47.7 million$742,990$5.00 million
2022214$37.4 million$809,829$4.48 million
2023241$44.7 million$987,911$1.98 million
2024264$48.9 million$961,896$4.62 million

Powerex, Inc. 401(k) Contact Information

Phone
724-925-4457
Mailing address
173 PAVILION LANE, YOUNGWOOD PA 15697
Plan sponsor
POWEREX, INC.
Employer identification number (EIN)
25-1501339
Plan number
002

Questions about the Powerex, Inc. 401(k)

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

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $961,896, 43% of all contributions.

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

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

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

264 participants at the start of plan year 2024, 205 of them active employees, and 58 former employees who still had money in the plan.

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

About $183,954 per account: $48.9 million in plan assets across 266 accounts with a balance at the end of plan year 2024.

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

Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with Vanguard 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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