How big is Power Magnetics, Inc.'s plan?

Power Magnetics, Inc.'s plan reported $954K in assets and 25 participants for 2023.

Original filing (PDF)20250616142200NAL0001538368001

Power Magnetics, Inc.

Name: Power Magnetics, Inc. — Power Magnetics, Inc. 401(k), Form 5500 (2023)
Creator: Power Magnetics, Inc.
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Power Magnetics, Inc. 401(k) Plan

401(k) retirement plan · Power Magnetics, Inc.'s Power Magnetics, Inc. 401(k) Plan held $954K in plan assets for 25 participants in 2023.

Active participants

Accounts w/ balance

Plan assets (EOY)

$954K

Net assets (EOY)

$954K

People on this filing

Ilene Pearl Bannwart signed Power Magnetics, Inc.'s 2023 Form 5500 as plan administrator.

Ilene Pearl Bannwart — 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 Magnetics, Inc.'s EIN is 22-1853029.

EIN 22-1853029

Plan number 001

Plan year 2023

ACK ID 20250616142200NAL0001538368001

Official Form 5500 document

Download the official 2023 Form 5500 (PDF) for Power Magnetics, Inc. from the U.S. Department of Labor's EFAST2 system.

Download the official 2023 Form 5500 (PDF)

Plan features

Power Magnetics, 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 MAGNETICS, INC..

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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