How big is Better Power's plan?

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

Original filing (PDF)20250612060900NAL0046799474001

Better Power

Name: Better Power — Better Power 401(k), Form 5500 (2024)
Creator: Better Power
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Better Power 401(k)

401(k) retirement plan · Better Power's Better Power 401(k) 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 Better Power'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

Better Power's EIN is 16-1422551.

EIN 16-1422551

Plan number 001

Plan year 2024

ACK ID 20250612060900NAL0046799474001

Official Form 5500 document

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

Download the official 2024 Form 5500 (PDF)

Plan features

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

Decision-maker contacts

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

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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

BETTER POWER

EIN

all filings

Address

200 MILE CROSSING BLVD · SUITE 1B · ROCHESTER, NY · 14624

Phone

(800) 475-1321

Industry

Wholesale Trade

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-10-01

Tax period

2024-12-31

Filed

2025-06-12

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2S · Automatic enrollment

2T · Default investment account (QDIA)

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

Service providers (Schedule C)

Small plans don't disclose service providers

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