Civic Intelligence

Power Drives Inc.

Plan context: Power Drives Inc. 401K Profit Sharing Plan

EIN 56-1023785 • Charlotte, NC • 27 filings • 2 plans

PO Box 25427Charlotte, NC 28215
Current Snapshot

Latest Year

2025

2025 Participants

7

2025 Assets

$2,515,125

2025 Contributions

$94,236

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$2,515,125$1,257,563$0199920122025YearValue
$2,515,125Latest year 2025

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

840199920122025YearValue
7Latest year 2025

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 / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202517$2,515,125$94,236$13,462iApproximate average salary by contribution assumption: employee only about $336,557 at 4% or $224,371 at 6%; with 50% employer match about $224,371 at 4% or $149,581 at 6%; with 100% employer match about $168,279 at 4% or $112,186 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-7$2,515,125$94,236$13,462iApproximate average salary by contribution assumption: employee only about $336,557 at 4% or $224,371 at 6%; with 50% employer match about $224,371 at 4% or $149,581 at 6%; with 100% employer match about $168,279 at 4% or $112,186 at 6%.
202417$2,148,405$90,440$12,920iApproximate average salary by contribution assumption: employee only about $323,000 at 4% or $215,333 at 6%; with 50% employer match about $215,333 at 4% or $143,556 at 6%; with 100% employer match about $161,500 at 4% or $107,667 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-7$2,148,405$90,440$12,920iApproximate average salary by contribution assumption: employee only about $323,000 at 4% or $215,333 at 6%; with 50% employer match about $215,333 at 4% or $143,556 at 6%; with 100% employer match about $161,500 at 4% or $107,667 at 6%.
202318$1,916,102$107,681$13,460iApproximate average salary by contribution assumption: employee only about $336,503 at 4% or $224,335 at 6%; with 50% employer match about $224,335 at 4% or $149,557 at 6%; with 100% employer match about $168,252 at 4% or $112,168 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-8$1,916,102$107,681$13,460iApproximate average salary by contribution assumption: employee only about $336,503 at 4% or $224,335 at 6%; with 50% employer match about $224,335 at 4% or $149,557 at 6%; with 100% employer match about $168,252 at 4% or $112,168 at 6%.
202218$1,549,666$91,703$11,463iApproximate average salary by contribution assumption: employee only about $286,572 at 4% or $191,048 at 6%; with 50% employer match about $191,048 at 4% or $127,365 at 6%; with 100% employer match about $143,286 at 4% or $95,524 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-8$1,549,666$91,703$11,463iApproximate average salary by contribution assumption: employee only about $286,572 at 4% or $191,048 at 6%; with 50% employer match about $191,048 at 4% or $127,365 at 6%; with 100% employer match about $143,286 at 4% or $95,524 at 6%.
202117$2,001,539$85,074$12,153iApproximate average salary by contribution assumption: employee only about $303,836 at 4% or $202,557 at 6%; with 50% employer match about $202,557 at 4% or $135,038 at 6%; with 100% employer match about $151,918 at 4% or $101,279 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-7$2,001,539$85,074$12,153iApproximate average salary by contribution assumption: employee only about $303,836 at 4% or $202,557 at 6%; with 50% employer match about $202,557 at 4% or $135,038 at 6%; with 100% employer match about $151,918 at 4% or $101,279 at 6%.
202017$1,720,895$69,787$9,970iApproximate average salary by contribution assumption: employee only about $249,239 at 4% or $166,160 at 6%; with 50% employer match about $166,160 at 4% or $110,773 at 6%; with 100% employer match about $124,620 at 4% or $83,080 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-7$1,720,895$69,787$9,970iApproximate average salary by contribution assumption: employee only about $249,239 at 4% or $166,160 at 6%; with 50% employer match about $166,160 at 4% or $110,773 at 6%; with 100% employer match about $124,620 at 4% or $83,080 at 6%.
201917$1,480,716$65,029$9,290iApproximate average salary by contribution assumption: employee only about $232,246 at 4% or $154,831 at 6%; with 50% employer match about $154,831 at 4% or $103,221 at 6%; with 100% employer match about $116,123 at 4% or $77,415 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-7$1,480,716$65,029$9,290iApproximate average salary by contribution assumption: employee only about $232,246 at 4% or $154,831 at 6%; with 50% employer match about $154,831 at 4% or $103,221 at 6%; with 100% employer match about $116,123 at 4% or $77,415 at 6%.
201817$1,519,180$55,046$7,864iApproximate average salary by contribution assumption: employee only about $196,593 at 4% or $131,062 at 6%; with 50% employer match about $131,062 at 4% or $87,375 at 6%; with 100% employer match about $98,296 at 4% or $65,531 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-7$1,519,180$55,046$7,864iApproximate average salary by contribution assumption: employee only about $196,593 at 4% or $131,062 at 6%; with 50% employer match about $131,062 at 4% or $87,375 at 6%; with 100% employer match about $98,296 at 4% or $65,531 at 6%.
201717$1,550,134$56,691$8,099iApproximate average salary by contribution assumption: employee only about $202,468 at 4% or $134,979 at 6%; with 50% employer match about $134,979 at 4% or $89,986 at 6%; with 100% employer match about $101,234 at 4% or $67,489 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-7$1,550,134$56,691$8,099iApproximate average salary by contribution assumption: employee only about $202,468 at 4% or $134,979 at 6%; with 50% employer match about $134,979 at 4% or $89,986 at 6%; with 100% employer match about $101,234 at 4% or $67,489 at 6%.
201617$1,311,351$60,439$8,634iApproximate average salary by contribution assumption: employee only about $215,854 at 4% or $143,902 at 6%; with 50% employer match about $143,902 at 4% or $95,935 at 6%; with 100% employer match about $107,927 at 4% or $71,951 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-7$1,311,351$60,439$8,634iApproximate average salary by contribution assumption: employee only about $215,854 at 4% or $143,902 at 6%; with 50% employer match about $143,902 at 4% or $95,935 at 6%; with 100% employer match about $107,927 at 4% or $71,951 at 6%.
201518$1,177,282$56,652$7,082iApproximate average salary by contribution assumption: employee only about $177,038 at 4% or $118,025 at 6%; with 50% employer match about $118,025 at 4% or $78,683 at 6%; with 100% employer match about $88,519 at 4% or $59,013 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-8$1,177,282$56,652$7,082iApproximate average salary by contribution assumption: employee only about $177,038 at 4% or $118,025 at 6%; with 50% employer match about $118,025 at 4% or $78,683 at 6%; with 100% employer match about $88,519 at 4% or $59,013 at 6%.
201417$1,144,938$51,435$7,348iApproximate average salary by contribution assumption: employee only about $183,696 at 4% or $122,464 at 6%; with 50% employer match about $122,464 at 4% or $81,643 at 6%; with 100% employer match about $91,848 at 4% or $61,232 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-7$1,144,938$51,435$7,348iApproximate average salary by contribution assumption: employee only about $183,696 at 4% or $122,464 at 6%; with 50% employer match about $122,464 at 4% or $81,643 at 6%; with 100% employer match about $91,848 at 4% or $61,232 at 6%.
201317$1,058,227$49,491$7,070iApproximate average salary by contribution assumption: employee only about $176,754 at 4% or $117,836 at 6%; with 50% employer match about $117,836 at 4% or $78,557 at 6%; with 100% employer match about $88,377 at 4% or $58,918 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-7$1,058,227$49,491$7,070iApproximate average salary by contribution assumption: employee only about $176,754 at 4% or $117,836 at 6%; with 50% employer match about $117,836 at 4% or $78,557 at 6%; with 100% employer match about $88,377 at 4% or $58,918 at 6%.
201217$834,672$46,004$6,572iApproximate average salary by contribution assumption: employee only about $164,300 at 4% or $109,533 at 6%; with 50% employer match about $109,533 at 4% or $73,022 at 6%; with 100% employer match about $82,150 at 4% or $54,767 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-7$834,672$46,004$6,572iApproximate average salary by contribution assumption: employee only about $164,300 at 4% or $109,533 at 6%; with 50% employer match about $109,533 at 4% or $73,022 at 6%; with 100% employer match about $82,150 at 4% or $54,767 at 6%.
201116$693,854$46,662$7,777iApproximate average salary by contribution assumption: employee only about $194,425 at 4% or $129,617 at 6%; with 50% employer match about $129,617 at 4% or $86,411 at 6%; with 100% employer match about $97,213 at 4% or $64,808 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-6$693,854$46,662$7,777iApproximate average salary by contribution assumption: employee only about $194,425 at 4% or $129,617 at 6%; with 50% employer match about $129,617 at 4% or $86,411 at 6%; with 100% employer match about $97,213 at 4% or $64,808 at 6%.
201016$717,867$40,462$6,744iApproximate average salary by contribution assumption: employee only about $168,592 at 4% or $112,394 at 6%; with 50% employer match about $112,394 at 4% or $74,930 at 6%; with 100% employer match about $84,296 at 4% or $56,197 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-6$717,867$40,462$6,744iApproximate average salary by contribution assumption: employee only about $168,592 at 4% or $112,394 at 6%; with 50% employer match about $112,394 at 4% or $74,930 at 6%; with 100% employer match about $84,296 at 4% or $56,197 at 6%.
200916$583,540$39,235$6,539iApproximate average salary by contribution assumption: employee only about $163,479 at 4% or $108,986 at 6%; with 50% employer match about $108,986 at 4% or $72,657 at 6%; with 100% employer match about $81,740 at 4% or $54,493 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-6$583,540$39,235$6,539iApproximate average salary by contribution assumption: employee only about $163,479 at 4% or $108,986 at 6%; with 50% employer match about $108,986 at 4% or $72,657 at 6%; with 100% employer match about $81,740 at 4% or $54,493 at 6%.
200816$406,534$44,526$7,421iApproximate average salary by contribution assumption: employee only about $185,525 at 4% or $123,683 at 6%; with 50% employer match about $123,683 at 4% or $82,456 at 6%; with 100% employer match about $92,763 at 4% or $61,842 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-6$406,534$44,526$7,421iApproximate average salary by contribution assumption: employee only about $185,525 at 4% or $123,683 at 6%; with 50% employer match about $123,683 at 4% or $82,456 at 6%; with 100% employer match about $92,763 at 4% or $61,842 at 6%.
200716$605,078$41,615$6,936iApproximate average salary by contribution assumption: employee only about $173,396 at 4% or $115,597 at 6%; with 50% employer match about $115,597 at 4% or $77,065 at 6%; with 100% employer match about $86,698 at 4% or $57,799 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-6$605,078$41,615$6,936iApproximate average salary by contribution assumption: employee only about $173,396 at 4% or $115,597 at 6%; with 50% employer match about $115,597 at 4% or $77,065 at 6%; with 100% employer match about $86,698 at 4% or $57,799 at 6%.
200615$733,914$47,486$9,497iApproximate average salary by contribution assumption: employee only about $237,430 at 4% or $158,287 at 6%; with 50% employer match about $158,287 at 4% or $105,524 at 6%; with 100% employer match about $118,715 at 4% or $79,143 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-5$733,914$47,486$9,497iApproximate average salary by contribution assumption: employee only about $237,430 at 4% or $158,287 at 6%; with 50% employer match about $158,287 at 4% or $105,524 at 6%; with 100% employer match about $118,715 at 4% or $79,143 at 6%.
200515$617,983$41,109$8,222iApproximate average salary by contribution assumption: employee only about $205,545 at 4% or $137,030 at 6%; with 50% employer match about $137,030 at 4% or $91,353 at 6%; with 100% employer match about $102,772 at 4% or $68,515 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-5$617,983$41,109$8,222iApproximate average salary by contribution assumption: employee only about $205,545 at 4% or $137,030 at 6%; with 50% employer match about $137,030 at 4% or $91,353 at 6%; with 100% employer match about $102,772 at 4% or $68,515 at 6%.
200415$592,307$34,927$6,985iApproximate average salary by contribution assumption: employee only about $174,635 at 4% or $116,423 at 6%; with 50% employer match about $116,423 at 4% or $77,616 at 6%; with 100% employer match about $87,318 at 4% or $58,212 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-5$592,307$34,927$6,985iApproximate average salary by contribution assumption: employee only about $174,635 at 4% or $116,423 at 6%; with 50% employer match about $116,423 at 4% or $77,616 at 6%; with 100% employer match about $87,318 at 4% or $58,212 at 6%.
200314$511,269$27,631$6,908iApproximate average salary by contribution assumption: employee only about $172,694 at 4% or $115,129 at 6%; with 50% employer match about $115,129 at 4% or $76,753 at 6%; with 100% employer match about $86,347 at 4% or $57,565 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-4$511,269$27,631$6,908iApproximate average salary by contribution assumption: employee only about $172,694 at 4% or $115,129 at 6%; with 50% employer match about $115,129 at 4% or $76,753 at 6%; with 100% employer match about $86,347 at 4% or $57,565 at 6%.
200215$397,603$36,286$7,257iApproximate average salary by contribution assumption: employee only about $181,430 at 4% or $120,953 at 6%; with 50% employer match about $120,953 at 4% or $80,636 at 6%; with 100% employer match about $90,715 at 4% or $60,477 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-5$397,603$36,286$7,257iApproximate average salary by contribution assumption: employee only about $181,430 at 4% or $120,953 at 6%; with 50% employer match about $120,953 at 4% or $80,636 at 6%; with 100% employer match about $90,715 at 4% or $60,477 at 6%.
200116$435,836$33,169$5,528iApproximate average salary by contribution assumption: employee only about $138,204 at 4% or $92,136 at 6%; with 50% employer match about $92,136 at 4% or $61,424 at 6%; with 100% employer match about $69,102 at 4% or $46,068 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-6$435,836$33,169$5,528iApproximate average salary by contribution assumption: employee only about $138,204 at 4% or $92,136 at 6%; with 50% employer match about $92,136 at 4% or $61,424 at 6%; with 100% employer match about $69,102 at 4% or $46,068 at 6%.
200015$477,591$31,116$6,223iApproximate average salary by contribution assumption: employee only about $155,580 at 4% or $103,720 at 6%; with 50% employer match about $103,720 at 4% or $69,147 at 6%; with 100% employer match about $77,790 at 4% or $51,860 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-5$477,591$31,116$6,223iApproximate average salary by contribution assumption: employee only about $155,580 at 4% or $103,720 at 6%; with 50% employer match about $103,720 at 4% or $69,147 at 6%; with 100% employer match about $77,790 at 4% or $51,860 at 6%.
199915$481,901$30,572$6,114iApproximate average salary by contribution assumption: employee only about $152,860 at 4% or $101,907 at 6%; with 50% employer match about $101,907 at 4% or $67,938 at 6%; with 100% employer match about $76,430 at 4% or $50,953 at 6%.
Power Drives Inc. 401K Profit Sharing Plan-5$481,901$30,572$6,114iApproximate average salary by contribution assumption: employee only about $152,860 at 4% or $101,907 at 6%; with 50% employer match about $101,907 at 4% or $67,938 at 6%; with 100% employer match about $76,430 at 4% or $50,953 at 6%.
Power Drives Inc. | EIN 56-1023785 | 2025 Form 5500 Company Profile