How big is Power Drive Components Inc.'s plan?

Power Drive Components Inc.'s plan reported $89K in assets and 5 participants for 2024.

Original filing (PDF)20250719122915NAL0002910785001

Power Drive Components Inc.

Name: Power Drive Components Inc. — Form 5500 (2024)
Creator: Power Drive Components Inc.
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

401(k) retirement plan · Power Drive Components Inc. held $89K in plan assets for 5 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$89K

Net assets (EOY)

$89K

People on this filing

Nick Rice signed Power Drive Components Inc.'s 2024 Form 5500 as plan administrator.

Nick Rice — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Power Drive Components Inc.'s EIN is 11-2986422.

EIN 11-2986422

Plan number 001

Plan year 2024

ACK ID 20250719122915NAL0002910785001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Power Drive Components Inc. from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Power Drive Components Inc.'s plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for POWER DRIVE COMPONENTS INC.

Finding similar companies…

Plan health score

Top-tier plan health

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 70% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Helping the score

Cost not scored — no comparable Schedule H expense data for this cohort.

Plan sponsor

Name

POWER DRIVE COMPONENTS INC

EIN

all filings

Address

57 FLORIDA ST · FARMINGDALE, NY · 11735

Phone

(631) 393-6767

Industry

Manufacturing

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-07-19

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

Audit & trust (Schedule H)

Service providers (Schedule C)

Small plans don't disclose service providers

Related plans

Similar-size Manufacturing plans

Trenchless Resources Global Holdings, Inc. DBA Vylon Pipe

Vylon Pipe 401(k) Plan

$89K · 9 participants

Mid49 LLC

Mid49 401(k) Plan

$89K · 6 participants

M&L Grinding, Inc.

M&L Grinding 401(k) Plan

$89K · 8 participants

Faith Industries

Faith Industries 401(k)

$88K · 1 participants

Appointments U.S.A., Inc.

Appointments U.S.A., Inc. 401(k) Plan

$88K · 9 participants

Researching more plans? Run a look up another company's Form 5500 by company name, EIN, or plan name.