Back to filter
Original filing (PDF)20251015163402NAL0010660226001
POWER DESIGN, INC.
Form 5500
FILING_RECEIVED
POWER DESIGN, INC. RETIREMENT PLAN
401(k) retirement plan
Active participants
1,489
Accounts w/ balance
1,761
Plan assets (EOY)
$79.4M
Net assets (EOY)
$79.4M
How this plan invests
This plan
22 pooled trusts
Schedule D
31 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
91
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- 26 bps in Schedule C fees — 62% above peer band of 16 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for POWER DESIGN, INC..
Plan sponsor
Name
POWER DESIGN, INC.
EIN
65-0147539
Address
11600 NINTH STREET NORTH · ST PETERSBURG, FL · 33716
Phone
(262) 504-0839
Industry
Electrical Contractors· Constructionsee all
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
2025-10-15
Pension benefit codes
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3B · Covers self-employed individuals
3D · Pre-approved plan (master / prototype / VS)
2R · Participant-directed brokerage (SDBA)
2E · Profit-sharing
Audit & trust (Schedule H)
Auditor
CHERRY BEKAERT
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
5 rowsRecordkeeper
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| NEWPORT GROUP, INC | 27-2037969 | — | RECORD KEEPER | $199K | — |
| EMPOWER ANNUITY INSURANCE COMPANY O | — | GREENWOOD VILLAGE, CO | RECORDKEEPER | $0 | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CAPFINANCIAL PARTNERS LLC DBA CAPTR | — | RALEIGH, NC | INVESTMENT ADVISOR | $7K | — |
Other
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER FINANCIAL SERVICES, INC. | — | GREENWOOD VILLAGE, CO | NONE | $10 | — |
| POWER DESIGN INC | — | SAINT PETERSBURG, FL | OTHER | $0 | — |
Investments
22 direct securities · 22 pooled funds· $121.4M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Common Collective Trust
$69.1M
22 holdings
Uncategorized
$52.3M
22 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| NT COL SANDP 500 IDX FD DC NL 4 NORTHERN TRUST GLOBAL INVESTMENTS CITS · EIN 45-6138589 / PN 002 | Common Collective Trust | — | — | $9.6M | 12.1% | |
| GG Capital Group GG Capital Group 2050 TD Trust CL CT | — | — | — | $8.7M | 11.0% | |
| GREAT GRAY TRST CAPTL GRP 2050 TRG GREAT GRAY · EIN 99-1247497 / PN 009 | Common Collective Trust | — | — | $8.7M | 11.0% | |
| GG Capital Group GG Capital Group 2040 TD Trust CL CT | — | — | — | $7.1M | 8.9% | |
| GREAT GRAY TRST CAPTL GRP 2040 TRG GREAT GRAY · EIN 99-1247497 / PN 007 | Common Collective Trust | — | — | $7.1M | 8.9% | |
| T ROWE PRICE GROWTH STOCK TR E T. ROWE PRICE COLLECTIVE TRUSTS · EIN 52-6559833 / PN 013 | Common Collective Trust | — | — | $6.6M | 8.4% | |
| GG Capital Group GG Capital Group 2045 TD Trust CL CT | — | — | — | $5.5M | 7.0% | |
| GREAT GRAY TRST CAPTL GRP 2045 TRG GREAT GRAY · EIN 99-1247497 / PN 008 | Common Collective Trust | — | — | $5.5M | 7.0% | |
| GG Capital Group GG Capital Group 2055 TD Trust CL CT | — | — | — | $5.2M | 6.6% | |
| GREAT GRAY TRST CAPTL GRP 2055 TRG GREAT GRAY · EIN 99-1247497 / PN 010 | Common Collective Trust | — | — | $5.2M | 6.6% | |
| GG Capital Group GG Capital Group 2060 TD Trust CL CT | — | — | — | $5.1M | 6.4% | |
| GREAT GRAY TRST CAPTL GRP 2060 TRG GREAT GRAY · EIN 99-1247497 / PN 011 | Common Collective Trust | — | — | $5.1M | 6.4% | |
| GG Capital Group GG Capital Group 2030 TD Trust CL CT | — | — | — | $4.6M | 5.8% | |
| GREAT GRAY TRST CAPTL GRP 2030 TRG GREAT GRAY · EIN 99-1247497 / PN 005 | Common Collective Trust | — | — | $4.6M | 5.8% | |
| J.P. Morgan JPMorgan Mid Cap Growth R6 | — | — | — | $3.1M | 3.9% | |
| GG Capital Group GG Capital Group 2035 TD Trust CL CT | — | — | — | $2.8M | 3.5% | |
| GREAT GRAY TRST CAPTL GRP 2035 TRG GREAT GRAY · EIN 99-1247497 / PN 006 | Common Collective Trust | — | — | $2.8M | 3.5% | |
| American Century American Century Small Cap Value R6 | — | — | — | $2.6M | 3.3% | |
| MFS LARGE CAP VALUE GREAT GRAY · EIN 38-7275332 / PN 781 | Common Collective Trust | — | — | $2.5M | 3.2% | |
| Participant Loans Notes receivable from participants, maturing | — | — | — | $2.2M | 2.7% | |
| FIAM CORE PLUS COMMINGLED POOL CLAS FIDELITY INSTITUTIONAL ASSET MANAGEMENT · EIN 20-4659714 / PN 052 | Common Collective Trust | — | — | $2.0M | 2.5% | |
| NT ACWI EX US IMI FD DC NL TIER 4 NORTHERN TRUST GLOBAL INVESTMENTS CITS · EIN 45-6138589 / PN 103 | Common Collective Trust | — | — | $2.0M | 2.5% | |
| T. ROWE PRICE STABLE VALUE COMMON T T. ROWE PRICE STABLE VALUE CIT · EIN 52-1309931 / PN 001 | Common Collective Trust | — | — | $1.7M | 2.2% | |
| Allspring Special Mid Cap Value R6 | — | — | — | $1.7M | 2.1% | |
| NT EXT EQUITY MKT IDX FD DC NL T4 NORTHERN TRUST GLOBAL INVESTMENTS CITS · EIN 45-6138589 / PN 100 | Common Collective Trust | — | — | $1.4M | 1.8% | |
| GG Capital Group GG Capital Group 2065 TD Trust CL CT | — | — | — | $1.2M | 1.5% | |
| GREAT GRAY TRST CAPTL GRP 2065 TRG GREAT GRAY · EIN 99-1247497 / PN 012 | Common Collective Trust | — | — | $1.2M | 1.5% | |
| GG Capital Group GG Capital Group 2025 TD Trust CL CT | — | — | — | $988K | 1.2% | |
| GREAT GRAY TRST CAPTL GRP 2025 TRG GREAT GRAY · EIN 99-1247497 / PN 004 | Common Collective Trust | — | — | $988K | 1.2% | |
| NT AGG BOND INDEX FUND NL T4 NORTHERN TRUST GLOBAL INVESTMENTS CITS · EIN 46-6138589 / PN 088 | Common Collective Trust | — | — | $664K | 0.8% | |
| GREAT GRAY TRUST EURO PACIFIC GROWT GREAT GRAY · EIN 38-7289843 / PN 001 | Common Collective Trust | — | — | $521K | 0.7% | |
| GG Capital Group GG Capital Group 2020 TD Trust CL CT | — | — | — | $515K | 0.6% | |
| GREAT GRAY TRST CAPTL GRP 2020 TRG GREAT GRAY · EIN 99-1247497 / PN 003 | Common Collective Trust | — | — | $515K | 0.6% | |
| American Century American Century Small Cap Growth R6 | — | — | — | $417K | 0.5% | |
| GG Capital Group GG Capital Group 2010 TD Trust CL CT | — | — | — | $182K | 0.2% | |
| GREAT GRAY TRUST CAPTL 2010 GREAT GRAY · EIN 99-1247497 / PN 001 | Common Collective Trust | — | — | $182K | 0.2% | |
| Empower SDB Securities Roth | — | — | — | $140K | 0.2% | |
| Self Directed Brokerage Account * Empower SDB Securities | — | — | — | $123K | 0.2% | |
| GG Capital Group GG Capital Group 2015 TD Trust CL CT | — | — | — | $116K | 0.1% | |
| GREAT GRAY TRUST CAPTL 2015 GREAT GRAY · EIN 99-1247497 / PN 002 | Common Collective Trust | — | — | $116K | 0.1% | |
| Empower SDB Sweep Program | — | — | — | $87K | 0.1% | |
| Empower SDB Sweep Program Roth | — | — | — | $47K | <0.1% | |
| Dreyfus Government Cash Mgmt Instl | — | — | — | $2K | <0.1% | |
| T. ROWE PRICE STABLE VALUE FUND A T. ROWE PRICE STABLE VALUE COMMON TRUST FUND · EIN 25-1197336 / PN 001 | Common Collective Trust | — | — | $0 | <0.1% |
Related plans
Other plans using NEWPORT GROUP, INC
HONEYWELL INTERNATIONAL INC EMPLOYEE SERVICES FINANCE MGMNT
HONEYWELL INTERNATIONAL INC. MASTER RETIREMENT TRUST
$17.9B
DANAHER CORPORATION
DANAHER CORPORATION & SUBSIDIARIES SAVINGS PLAN
$6.5B · 23,252 participants
WINCO HOLDINGS, INC.
WINCO EMPLOYEE STOCK OWNERSHIP PLAN
$5.0B · 17,907 participants
BMO FINANCIAL CORP.
BMO 401(K) SAVINGS PLAN
$5.0B · 19,696 participants
COGNIZANT TECHNOLOGY SOLUTIONS
COGNIZANT TECHNOLOGY SOLUTIONS 401(K) SAVINGS PLAN
$3.0B · 38,923 participants
ARAMARK RETIREMENT SAVINGS PLAN FOR SALARIED EMPLOYEES
ARAMARK RETIREMENT SAVINGS PLAN FOR SALARIED EMPLOYEES
$1.3B · 20,665 participants
Similar-size Electrical Contractors plans
JOHNSON ELECTRIC NORTH AMERICA HOLDING INC.
JOHNSON ELECTRIC 401(K) RETIREMENT SAVINGS PLAN
$79.8M · 801 participants
BOARD OF TRUSTEES, IBEW LOCAL 684 PENSION TRUST
IBEW LOCAL 684 PENSION TRUST
$80.2M · 438 participants
IBEW LOCAL 456 HEALTH & WELFARE FUND
I.B.E.W. LOCAL 456 HEALTH & WELFARE PLAN
$80.2M · 1,315 participants
BUIST ELECTRIC, INC.
BUIST ELECTRIC 401(K) PLAN
$78.6M · 473 participants
GAYLOR ELECTRIC, INC.
GAYLOR ELECTRIC, INC. 401(K) PROFIT SHARING PLAN
$80.4M · 2,620 participants
BOARD OF TRUSTEES OF DAKOTAS AND WESTERN MINNESOTA ELECTRICAL INDUSTRY
DAKOTAS AND WESTERN MN ELECTRICAL INDUSTRY HEALTH AND WELFARE FUND
$78.4M · 3,935 participants
Large plans in Florida
L3HARRIS TECHNOLOGIES, INC.
L3HARRIS RETIREMENT SAVINGS PLAN
$16.3B · 41,945 participants
L3HARRIS TECHNOLOGIES, INC.
L3HARRIS RETIREMENT SAVINGS PLAN MASTER TRUST
$16.2B
PUBLIX SUPER MARKETS, INC.
PUBLIX SUPER MARKETS, INC. EMPLOYEE STOCK OWNERSHIP PLAN & TRUST
$14.3B · 156,344 participants
PWC US GROUP LLP
SAVINGS PLAN FOR EMPLOYEES AND PARTNERS OF PWC
$13.2B · 49,697 participants
ADP TOTALSOURCE GROUP, INC.
ADP TOTALSOURCE RETIREMENT SAVINGS PLAN
$9.2B · 299,514 participants
PRICEWATERHOUSECOOPERS LLP
SAVINGS PLAN FOR EMPLOYEES AND PARTNERS OF PRICEWATERCOOPERS LLP
$9.1B · 50,893 participants