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Company:
Powell Industries, Inc.
Plan:
Powell Industries, Inc. Employees' Incentive Savings Plan
 

Powell Industries, Inc.

69 Plan:

 
 
69
42
72
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (69) and the top rated plan (86) could equate to:
[How is this calculated?]
9 additional years of work
Up to $79,800 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Powell Industries, Inc. Employees' Incentive Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 69. This plan is in the top 15% of plans for Total Plan Cost. Powell Industries, Inc. Employees' Incentive Savings Plan currently has over 2,600 active participants and over $114.4M in plan assets.

 

 Retirement Plan Details

Address P. O. Box 12818
Houston, TX 77217 
Industry Manufacturing
Administrator Robert B. Callahan
Net Plan Assets $114,000,000
Total Participants 2,700
Avg Account Balance $43,000

 Top 3 Funds in this 401k

1. SEI Stable Asset Fund 31%
2. Powell Industries, Inc. Common Stock 13%
3. American Funds Washington Mutual 9%

  Plan Service Providers

Recordkeeper Charles Schwab
Corporate Trustee Charles Schwab
Auditor Weinstein, Spira & Company

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