How big is Powermag, Inc.'s plan?

Powermag, Inc.'s plan reported $359K in assets and 7 participants for 2023.

Original filing (PDF)20241004105229NAL0005641043001

Powermag, Inc.

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

Form 5500-SF

FILING_RECEIVED

Powermag, Inc. 401(k) Plan

401(k) retirement plan · Powermag, Inc.'s Powermag, Inc. 401(k) Plan held $359K in plan assets for 7 participants in 2023.

Active participants

Accounts w/ balance

Plan assets (EOY)

$359K

Net assets (EOY)

$359K

Plan identifiers

Powermag, Inc.'s EIN is 77-0081949.

EIN 77-0081949

Plan number 001

Plan year 2023

ACK ID 20241004105229NAL0005641043001

Official Form 5500 document

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

Download the official 2023 Form 5500 (PDF)

Plan features

Powermag, Inc.'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 POWERMAG, 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