How big is Powrachute, LLC's plan?

Powrachute, LLC's plan reported $184K in assets and 12 participants for 2024.

Original filing (PDF)20250923115356NAL0014692482001

Powrachute, LLC

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

Form 5500-SF

FILING_RECEIVED

Powrachute 401(k) Plan

401(k) retirement plan · Powrachute, LLC's Powrachute 401(k) Plan held $184K in plan assets for 12 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$184K

Net assets (EOY)

$184K

People on this filing

Debra Williams signed Powrachute, LLC's 2024 Form 5500 as plan administrator.

Debra Williams — 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

Powrachute, LLC's EIN is 20-2825010.

EIN 20-2825010

Plan number 001

Plan year 2024

ACK ID 20250923115356NAL0014692482001

Official Form 5500 document

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

Download the official 2024 Form 5500 (PDF)

Plan features

Powrachute, LLC's plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature.

Decision-maker contacts

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

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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

Knocking points off

Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (14th percentile).

Helping the score

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

Plan sponsor

Name

POWRACHUTE, LLC

EIN

all filings

Address

3001 WEST AIRPORT ROAD · HASTINGS, MI · 49058

Phone

(574) 286-9670

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

2025-09-23

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

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

3H · Sponsor in controlled / affiliated group

Audit & trust (Schedule H)

Service providers (Schedule C)

Small plans don't disclose service providers

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