In truth Watts is a poor representation of what we are really interested. I always convert the measure to dBW to get a real comparison of the two amps.
The link below has a convenient converter
dBW (Decibel-Watt)
dBW are what you add to the 1watt SPL of your speaker to get the actual volume.
500 watts is about 27dBW so for a 90 dB/w speaker it would play at a max 117dB. Your amp only has 3 more dB than 500 watt one which is not that significant in terms of pure SPL.