Power Drives Inc
Plan context: Power Drives Inc. 401(K) Savings Plan
EIN 16-0709428 • Buffalo, NY • 44 filings • 7 plans
Current Snapshot
Latest Year
2024
2024 Participants
105
2024 Assets
$8,344,014
2024 Contributions
$593,570
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 2 | 105 | $8,344,014 | $593,570 | $5,653iApproximate average salary by contribution assumption: employee only about $141,326 at 4% or $94,217 at 6%; with 50% employer match about $94,217 at 4% or $62,812 at 6%; with 100% employer match about $70,663 at 4% or $47,109 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 103 | $8,344,014 | $593,570 | $5,763iApproximate average salary by contribution assumption: employee only about $144,070 at 4% or $96,047 at 6%; with 50% employer match about $96,047 at 4% or $64,031 at 6%; with 100% employer match about $72,035 at 4% or $48,023 at 6%. |
| Power Drives Inc Health & Welfare Plan | - | 105 | - | - | - |
| 2023 | 2 | 137 | $7,868,739 | $711,287 | $5,192iApproximate average salary by contribution assumption: employee only about $129,797 at 4% or $86,531 at 6%; with 50% employer match about $86,531 at 4% or $57,688 at 6%; with 100% employer match about $64,898 at 4% or $43,266 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 127 | $7,868,739 | $711,287 | $5,601iApproximate average salary by contribution assumption: employee only about $140,017 at 4% or $93,345 at 6%; with 50% employer match about $93,345 at 4% or $62,230 at 6%; with 100% employer match about $70,009 at 4% or $46,672 at 6%. |
| Power Drives Inc Health & Welfare Plan | - | 137 | - | - | - |
| 2022 | 2 | 137 | $6,616,883 | $649,884 | $4,744iApproximate average salary by contribution assumption: employee only about $118,592 at 4% or $79,061 at 6%; with 50% employer match about $79,061 at 4% or $52,708 at 6%; with 100% employer match about $59,296 at 4% or $39,531 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 122 | $6,616,883 | $649,884 | $5,327iApproximate average salary by contribution assumption: employee only about $133,173 at 4% or $88,782 at 6%; with 50% employer match about $88,782 at 4% or $59,188 at 6%; with 100% employer match about $66,586 at 4% or $44,391 at 6%. |
| Power Drives Inc Health & Welfare Plan | - | 137 | - | - | - |
| 2021 | 2 | 143 | $8,366,372 | $552,663 | $3,865iApproximate average salary by contribution assumption: employee only about $96,619 at 4% or $64,413 at 6%; with 50% employer match about $64,413 at 4% or $42,942 at 6%; with 100% employer match about $48,310 at 4% or $32,206 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 108 | $8,366,372 | $552,663 | $5,117iApproximate average salary by contribution assumption: employee only about $127,931 at 4% or $85,288 at 6%; with 50% employer match about $85,288 at 4% or $56,858 at 6%; with 100% employer match about $63,966 at 4% or $42,644 at 6%. |
| Power Drives Inc Health & Welfare Plan | - | 143 | - | - | - |
| 2020 | 2 | 122 | $7,746,869 | $687,346 | $5,634iApproximate average salary by contribution assumption: employee only about $140,850 at 4% or $93,900 at 6%; with 50% employer match about $93,900 at 4% or $62,600 at 6%; with 100% employer match about $70,425 at 4% or $46,950 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 105 | $7,746,869 | $687,346 | $6,546iApproximate average salary by contribution assumption: employee only about $163,654 at 4% or $109,103 at 6%; with 50% employer match about $109,103 at 4% or $72,735 at 6%; with 100% employer match about $81,827 at 4% or $54,551 at 6%. |
| Power Drives Inc Health & Welfare Plan | - | 122 | - | - | - |
| 2019 | 2 | 160 | $6,507,591 | $687,635 | $4,298iApproximate average salary by contribution assumption: employee only about $107,443 at 4% or $71,629 at 6%; with 50% employer match about $71,629 at 4% or $47,752 at 6%; with 100% employer match about $53,721 at 4% or $35,814 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 147 | $6,507,591 | $687,635 | $4,678iApproximate average salary by contribution assumption: employee only about $116,945 at 4% or $77,963 at 6%; with 50% employer match about $77,963 at 4% or $51,975 at 6%; with 100% employer match about $58,472 at 4% or $38,982 at 6%. |
| Power Drives Inc Health & Welfare Plan | - | 160 | - | - | - |
| 2018 | 2 | 181 | $5,331,154 | $550,112 | $3,039iApproximate average salary by contribution assumption: employee only about $75,982 at 4% or $50,655 at 6%; with 50% employer match about $50,655 at 4% or $33,770 at 6%; with 100% employer match about $37,991 at 4% or $25,327 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 148 | $5,331,154 | $550,112 | $3,717iApproximate average salary by contribution assumption: employee only about $92,924 at 4% or $61,950 at 6%; with 50% employer match about $61,950 at 4% or $41,300 at 6%; with 100% employer match about $46,462 at 4% or $30,975 at 6%. |
| Power Drives Inc Health & Welfare Plan | - | 181 | - | - | - |
| 2017 | 2 | 146 | $5,804,434 | $595,548 | $4,079iApproximate average salary by contribution assumption: employee only about $101,977 at 4% or $67,985 at 6%; with 50% employer match about $67,985 at 4% or $45,323 at 6%; with 100% employer match about $50,989 at 4% or $33,992 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 138 | $5,804,434 | $595,548 | $4,316iApproximate average salary by contribution assumption: employee only about $107,889 at 4% or $71,926 at 6%; with 50% employer match about $71,926 at 4% or $47,951 at 6%; with 100% employer match about $53,945 at 4% or $35,963 at 6%. |
| Power Drives Inc Health & Welfare Plan | - | 146 | - | - | - |
| 2016 | 2 | 170 | $4,901,963 | $795,258 | $4,678iApproximate average salary by contribution assumption: employee only about $116,950 at 4% or $77,966 at 6%; with 50% employer match about $77,966 at 4% or $51,978 at 6%; with 100% employer match about $58,475 at 4% or $38,983 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 159 | $4,901,963 | $795,258 | $5,002iApproximate average salary by contribution assumption: employee only about $125,041 at 4% or $83,360 at 6%; with 50% employer match about $83,360 at 4% or $55,574 at 6%; with 100% employer match about $62,520 at 4% or $41,680 at 6%. |
| Power Drives Inc Health & Welfare Plan | - | 170 | - | - | - |
| 2015 | 2 | 234 | $4,215,145 | $588,868 | $2,517iApproximate average salary by contribution assumption: employee only about $62,913 at 4% or $41,942 at 6%; with 50% employer match about $41,942 at 4% or $27,961 at 6%; with 100% employer match about $31,457 at 4% or $20,971 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 223 | $4,215,145 | $588,868 | $2,641iApproximate average salary by contribution assumption: employee only about $66,017 at 4% or $44,011 at 6%; with 50% employer match about $44,011 at 4% or $29,341 at 6%; with 100% employer match about $33,008 at 4% or $22,006 at 6%. |
| Power Drives Inc Health & Welfare Plan | - | 234 | - | - | - |
| 2014 | 2 | 223 | $4,053,480 | $710,950 | $3,188iApproximate average salary by contribution assumption: employee only about $79,703 at 4% or $53,135 at 6%; with 50% employer match about $53,135 at 4% or $35,424 at 6%; with 100% employer match about $39,851 at 4% or $26,568 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 212 | $4,053,480 | $710,950 | $3,354iApproximate average salary by contribution assumption: employee only about $83,838 at 4% or $55,892 at 6%; with 50% employer match about $55,892 at 4% or $37,262 at 6%; with 100% employer match about $41,919 at 4% or $27,946 at 6%. |
| Power Drives Inc Health & Welfare Plan | - | 223 | - | - | - |
| 2013 | 2 | 257 | $3,564,922 | $421,858 | $1,641iApproximate average salary by contribution assumption: employee only about $41,037 at 4% or $27,358 at 6%; with 50% employer match about $27,358 at 4% or $18,239 at 6%; with 100% employer match about $20,518 at 4% or $13,679 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 185 | $3,564,922 | $421,858 | $2,280iApproximate average salary by contribution assumption: employee only about $57,008 at 4% or $38,005 at 6%; with 50% employer match about $38,005 at 4% or $25,337 at 6%; with 100% employer match about $28,504 at 4% or $19,003 at 6%. |
| Power Drives Inc Health & Welfare Plan | - | 257 | - | - | - |
| 2012 | 2 | 322 | $3,294,609 | $381,054 | $1,183iApproximate average salary by contribution assumption: employee only about $29,585 at 4% or $19,723 at 6%; with 50% employer match about $19,723 at 4% or $13,149 at 6%; with 100% employer match about $14,792 at 4% or $9,862 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 190 | $3,294,609 | $381,054 | $2,006iApproximate average salary by contribution assumption: employee only about $50,139 at 4% or $33,426 at 6%; with 50% employer match about $33,426 at 4% or $22,284 at 6%; with 100% employer match about $25,069 at 4% or $16,713 at 6%. |
| Power Drives Inc Health & Welfare Plan | - | 322 | - | - | - |
| 2011 | 2 | 176 | $2,669,458 | $251,848 | $1,431iApproximate average salary by contribution assumption: employee only about $35,774 at 4% or $23,849 at 6%; with 50% employer match about $23,849 at 4% or $15,899 at 6%; with 100% employer match about $17,887 at 4% or $11,925 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 170 | $2,669,458 | $251,848 | $1,481iApproximate average salary by contribution assumption: employee only about $37,036 at 4% or $24,691 at 6%; with 50% employer match about $24,691 at 4% or $16,461 at 6%; with 100% employer match about $18,518 at 4% or $12,345 at 6%. |
| Power Drives Inc Health & Welfare Plan | - | 176 | - | - | - |
| 2010 | 2 | 165 | $2,653,861 | $185,923 | $1,127iApproximate average salary by contribution assumption: employee only about $28,170 at 4% or $18,780 at 6%; with 50% employer match about $18,780 at 4% or $12,520 at 6%; with 100% employer match about $14,085 at 4% or $9,390 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 163 | $2,653,861 | $185,923 | $1,141iApproximate average salary by contribution assumption: employee only about $28,516 at 4% or $19,011 at 6%; with 50% employer match about $19,011 at 4% or $12,674 at 6%; with 100% employer match about $14,258 at 4% or $9,505 at 6%. |
| Power Drives Inc Health & Welfare Plan | - | 165 | - | - | - |
| 2009 | 2 | 167 | $2,434,248 | $213,209 | $1,277iApproximate average salary by contribution assumption: employee only about $31,918 at 4% or $21,278 at 6%; with 50% employer match about $21,278 at 4% or $14,186 at 6%; with 100% employer match about $15,959 at 4% or $10,639 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 150 | $2,434,248 | $213,209 | $1,421iApproximate average salary by contribution assumption: employee only about $35,535 at 4% or $23,690 at 6%; with 50% employer match about $23,690 at 4% or $15,793 at 6%; with 100% employer match about $17,767 at 4% or $11,845 at 6%. |
| Power Drives Inc Health & Welfare Plan | - | 167 | - | - | - |
| 2008 | 2 | 206 | $1,763,089 | $418,250 | $2,030iApproximate average salary by contribution assumption: employee only about $50,758 at 4% or $33,839 at 6%; with 50% employer match about $33,839 at 4% or $22,559 at 6%; with 100% employer match about $25,379 at 4% or $16,919 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 185 | $1,763,089 | $418,250 | $2,261iApproximate average salary by contribution assumption: employee only about $56,520 at 4% or $37,680 at 6%; with 50% employer match about $37,680 at 4% or $25,120 at 6%; with 100% employer match about $28,260 at 4% or $18,840 at 6%. |
| Power Drives Inc Health & Welfare Plan | - | 206 | - | - | - |
| 2007 | 2 | 163 | $2,382,588 | $318,618 | $1,955iApproximate average salary by contribution assumption: employee only about $48,868 at 4% or $32,579 at 6%; with 50% employer match about $32,579 at 4% or $21,719 at 6%; with 100% employer match about $24,434 at 4% or $16,289 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 163 | $2,382,588 | $318,618 | $1,955iApproximate average salary by contribution assumption: employee only about $48,868 at 4% or $32,579 at 6%; with 50% employer match about $32,579 at 4% or $21,719 at 6%; with 100% employer match about $24,434 at 4% or $16,289 at 6%. |
| Power Drives Inc Health & Welfare Plan | - | 146 | - | - | - |
| 2006 | 2 | 137 | $2,531,234 | $311,862 | $2,276iApproximate average salary by contribution assumption: employee only about $56,909 at 4% or $37,939 at 6%; with 50% employer match about $37,939 at 4% or $25,293 at 6%; with 100% employer match about $28,455 at 4% or $18,970 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 137 | $2,531,234 | $311,862 | $2,276iApproximate average salary by contribution assumption: employee only about $56,909 at 4% or $37,939 at 6%; with 50% employer match about $37,939 at 4% or $25,293 at 6%; with 100% employer match about $28,455 at 4% or $18,970 at 6%. |
| Power Drives Inc Health & Welfare Plan | - | 124 | - | - | - |
| 2005 | 1 | 112 | $2,314,972 | $278,668 | $2,488iApproximate average salary by contribution assumption: employee only about $62,203 at 4% or $41,468 at 6%; with 50% employer match about $41,468 at 4% or $27,646 at 6%; with 100% employer match about $31,101 at 4% or $20,734 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 112 | $2,314,972 | $278,668 | $2,488iApproximate average salary by contribution assumption: employee only about $62,203 at 4% or $41,468 at 6%; with 50% employer match about $41,468 at 4% or $27,646 at 6%; with 100% employer match about $31,101 at 4% or $20,734 at 6%. |
| 2004 | 1 | 89 | $2,016,830 | $224,699 | $2,525iApproximate average salary by contribution assumption: employee only about $63,118 at 4% or $42,078 at 6%; with 50% employer match about $42,078 at 4% or $28,052 at 6%; with 100% employer match about $31,559 at 4% or $21,039 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 89 | $2,016,830 | $224,699 | $2,525iApproximate average salary by contribution assumption: employee only about $63,118 at 4% or $42,078 at 6%; with 50% employer match about $42,078 at 4% or $28,052 at 6%; with 100% employer match about $31,559 at 4% or $21,039 at 6%. |
| 2003 | 1 | 86 | $1,661,101 | $193,879 | $2,254iApproximate average salary by contribution assumption: employee only about $56,360 at 4% or $37,573 at 6%; with 50% employer match about $37,573 at 4% or $25,049 at 6%; with 100% employer match about $28,180 at 4% or $18,787 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 86 | $1,661,101 | $193,879 | $2,254iApproximate average salary by contribution assumption: employee only about $56,360 at 4% or $37,573 at 6%; with 50% employer match about $37,573 at 4% or $25,049 at 6%; with 100% employer match about $28,180 at 4% or $18,787 at 6%. |
| 2002 | 1 | 74 | $1,561,442 | $170,893 | $2,309iApproximate average salary by contribution assumption: employee only about $57,734 at 4% or $38,489 at 6%; with 50% employer match about $38,489 at 4% or $25,660 at 6%; with 100% employer match about $28,867 at 4% or $19,245 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 74 | $1,561,442 | $170,893 | $2,309iApproximate average salary by contribution assumption: employee only about $57,734 at 4% or $38,489 at 6%; with 50% employer match about $38,489 at 4% or $25,660 at 6%; with 100% employer match about $28,867 at 4% or $19,245 at 6%. |
| 2001 | 1 | 69 | $1,642,544 | $181,227 | $2,626iApproximate average salary by contribution assumption: employee only about $65,662 at 4% or $43,775 at 6%; with 50% employer match about $43,775 at 4% or $29,183 at 6%; with 100% employer match about $32,831 at 4% or $21,887 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 69 | $1,642,544 | $181,227 | $2,626iApproximate average salary by contribution assumption: employee only about $65,662 at 4% or $43,775 at 6%; with 50% employer match about $43,775 at 4% or $29,183 at 6%; with 100% employer match about $32,831 at 4% or $21,887 at 6%. |
| 2000 | 1 | 74 | $1,545,074 | $186,906 | $2,526iApproximate average salary by contribution assumption: employee only about $63,144 at 4% or $42,096 at 6%; with 50% employer match about $42,096 at 4% or $28,064 at 6%; with 100% employer match about $31,572 at 4% or $21,048 at 6%. |
| Power Drives Inc. 401(K) Savings Plan | - | 74 | $1,545,074 | $186,906 | $2,526iApproximate average salary by contribution assumption: employee only about $63,144 at 4% or $42,096 at 6%; with 50% employer match about $42,096 at 4% or $28,064 at 6%; with 100% employer match about $31,572 at 4% or $21,048 at 6%. |