Civic Intelligence

Aldon Electric Inc.

Plan context: Aldon Electric Cash Balance Plan

EIN 04-2924982 • Weymouth, MA • 28 filings • 4 plans

38 Greenwood AvenueWeymouth, MA 02189
Current Snapshot

Latest Year

2024

2024 Participants

12

2024 Assets

$5,004,222

2024 Contributions

$931,743

Historical Graphs

Total Assets Over Time

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

$6,032,139$3,016,070$0199920172024YearValue
$5,004,222Latest year 2024

Participants Over Time

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

39200199920182024YearValue
12Latest year 2024

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
2024212$5,004,222$931,743$77,645iApproximate average salary by contribution assumption: employee only about $1,941,131 at 4% or $1,294,088 at 6%; with 50% employer match about $1,294,088 at 4% or $862,725 at 6%; with 100% employer match about $970,566 at 4% or $647,044 at 6%.
Aldon Electric Cash Balance Plan-8$3,511,315$815,414$101,927iApproximate average salary by contribution assumption: employee only about $2,548,169 at 4% or $1,698,779 at 6%; with 50% employer match about $1,698,779 at 4% or $1,132,519 at 6%; with 100% employer match about $1,274,084 at 4% or $849,390 at 6%.
Aldon Electric 401(K) Pension Plan-12$1,492,907$116,329$9,694iApproximate average salary by contribution assumption: employee only about $242,352 at 4% or $161,568 at 6%; with 50% employer match about $161,568 at 4% or $107,712 at 6%; with 100% employer match about $121,176 at 4% or $80,784 at 6%.
2023210$6,032,139$134,467$13,447iApproximate average salary by contribution assumption: employee only about $336,168 at 4% or $224,112 at 6%; with 50% employer match about $224,112 at 4% or $149,408 at 6%; with 100% employer match about $168,084 at 4% or $112,056 at 6%.
Aldon Electric Cash Balance Plan-8$4,762,234$0-
Aldon Electric 401(K) Pension Plan-10$1,269,905$134,467$13,447iApproximate average salary by contribution assumption: employee only about $336,168 at 4% or $224,112 at 6%; with 50% employer match about $224,112 at 4% or $149,408 at 6%; with 100% employer match about $168,084 at 4% or $112,056 at 6%.
202229$5,690,874$559,827$62,203iApproximate average salary by contribution assumption: employee only about $1,555,075 at 4% or $1,036,717 at 6%; with 50% employer match about $1,036,717 at 4% or $691,144 at 6%; with 100% employer match about $777,538 at 4% or $518,358 at 6%.
Aldon Electric Cash Balance Plan-8$4,687,433$435,719$54,465iApproximate average salary by contribution assumption: employee only about $1,361,622 at 4% or $907,748 at 6%; with 50% employer match about $907,748 at 4% or $605,165 at 6%; with 100% employer match about $680,811 at 4% or $453,874 at 6%.
Aldon Electric 401(K) Pension Plan-9$1,003,441$124,108$13,790iApproximate average salary by contribution assumption: employee only about $344,744 at 4% or $229,830 at 6%; with 50% employer match about $229,830 at 4% or $153,220 at 6%; with 100% employer match about $172,372 at 4% or $114,915 at 6%.
202129$5,242,626$554,068$61,563iApproximate average salary by contribution assumption: employee only about $1,539,078 at 4% or $1,026,052 at 6%; with 50% employer match about $1,026,052 at 4% or $684,035 at 6%; with 100% employer match about $769,539 at 4% or $513,026 at 6%.
Aldon Electric Cash Balance Plan-7$4,191,111$431,561$61,652iApproximate average salary by contribution assumption: employee only about $1,541,289 at 4% or $1,027,526 at 6%; with 50% employer match about $1,027,526 at 4% or $685,017 at 6%; with 100% employer match about $770,645 at 4% or $513,763 at 6%.
Aldon Electric 401(K) Pension Plan-9$1,051,515$122,507$13,612iApproximate average salary by contribution assumption: employee only about $340,297 at 4% or $226,865 at 6%; with 50% employer match about $226,865 at 4% or $151,243 at 6%; with 100% employer match about $170,149 at 4% or $113,432 at 6%.
202026$4,569,548$769,436$128,239iApproximate average salary by contribution assumption: employee only about $3,205,983 at 4% or $2,137,322 at 6%; with 50% employer match about $2,137,322 at 4% or $1,424,881 at 6%; with 100% employer match about $1,602,992 at 4% or $1,068,661 at 6%.
Aldon Electric Cash Balance Plan-6$3,711,646$678,963$113,161iApproximate average salary by contribution assumption: employee only about $2,829,013 at 4% or $1,886,008 at 6%; with 50% employer match about $1,886,008 at 4% or $1,257,339 at 6%; with 100% employer match about $1,414,506 at 4% or $943,004 at 6%.
Aldon Electric 401(K) Pension Plan-6$857,902$90,473$15,079iApproximate average salary by contribution assumption: employee only about $376,971 at 4% or $251,314 at 6%; with 50% employer match about $251,314 at 4% or $167,543 at 6%; with 100% employer match about $188,485 at 4% or $125,657 at 6%.
201925$3,667,553$747,390$149,478iApproximate average salary by contribution assumption: employee only about $3,736,950 at 4% or $2,491,300 at 6%; with 50% employer match about $2,491,300 at 4% or $1,660,867 at 6%; with 100% employer match about $1,868,475 at 4% or $1,245,650 at 6%.
Aldon Electric Cash Balance Plan-5$2,989,010$653,858$130,772iApproximate average salary by contribution assumption: employee only about $3,269,290 at 4% or $2,179,527 at 6%; with 50% employer match about $2,179,527 at 4% or $1,453,018 at 6%; with 100% employer match about $1,634,645 at 4% or $1,089,763 at 6%.
Aldon Electric 401(K) Pension Plan-5$678,543$93,532$18,706iApproximate average salary by contribution assumption: employee only about $467,660 at 4% or $311,773 at 6%; with 50% employer match about $311,773 at 4% or $207,849 at 6%; with 100% employer match about $233,830 at 4% or $155,887 at 6%.
201824$2,799,032$738,964$184,741iApproximate average salary by contribution assumption: employee only about $4,618,525 at 4% or $3,079,017 at 6%; with 50% employer match about $3,079,017 at 4% or $2,052,678 at 6%; with 100% employer match about $2,309,263 at 4% or $1,539,508 at 6%.
Aldon Electric Cash Balance Plan-4$2,295,558$649,529$162,382iApproximate average salary by contribution assumption: employee only about $4,059,556 at 4% or $2,706,371 at 6%; with 50% employer match about $2,706,371 at 4% or $1,804,247 at 6%; with 100% employer match about $2,029,778 at 4% or $1,353,185 at 6%.
Aldon Electric 401(K) Pension Plan-4$503,474$89,435$22,359iApproximate average salary by contribution assumption: employee only about $558,969 at 4% or $372,646 at 6%; with 50% employer match about $372,646 at 4% or $248,431 at 6%; with 100% employer match about $279,484 at 4% or $186,323 at 6%.
201725$2,072,141$792,007$158,401iApproximate average salary by contribution assumption: employee only about $3,960,035 at 4% or $2,640,023 at 6%; with 50% employer match about $2,640,023 at 4% or $1,760,016 at 6%; with 100% employer match about $1,980,018 at 4% or $1,320,012 at 6%.
Aldon Electric Cash Balance Plan-5$1,618,773$649,529$129,906iApproximate average salary by contribution assumption: employee only about $3,247,645 at 4% or $2,165,097 at 6%; with 50% employer match about $2,165,097 at 4% or $1,443,398 at 6%; with 100% employer match about $1,623,823 at 4% or $1,082,548 at 6%.
Aldon Electric 401(K) Pension Plan-5$453,368$142,478$28,496iApproximate average salary by contribution assumption: employee only about $712,390 at 4% or $474,927 at 6%; with 50% employer match about $474,927 at 4% or $316,618 at 6%; with 100% employer match about $356,195 at 4% or $237,463 at 6%.
201626$1,228,283$772,379$128,730iApproximate average salary by contribution assumption: employee only about $3,218,246 at 4% or $2,145,497 at 6%; with 50% employer match about $2,145,497 at 4% or $1,430,331 at 6%; with 100% employer match about $1,609,123 at 4% or $1,072,749 at 6%.
Aldon Electric Cash Balance Plan-6$948,873$629,651$104,942iApproximate average salary by contribution assumption: employee only about $2,623,546 at 4% or $1,749,031 at 6%; with 50% employer match about $1,749,031 at 4% or $1,166,020 at 6%; with 100% employer match about $1,311,773 at 4% or $874,515 at 6%.
Aldon Electric 401(K) Pension Plan-6$279,410$142,728$23,788iApproximate average salary by contribution assumption: employee only about $594,700 at 4% or $396,467 at 6%; with 50% employer match about $396,467 at 4% or $264,311 at 6%; with 100% employer match about $297,350 at 4% or $198,233 at 6%.
201526$446,912$449,674$74,946iApproximate average salary by contribution assumption: employee only about $1,873,642 at 4% or $1,249,094 at 6%; with 50% employer match about $1,249,094 at 4% or $832,730 at 6%; with 100% employer match about $936,821 at 4% or $624,547 at 6%.
Aldon Electric Cash Balance Plan-6$309,362$306,198$51,033iApproximate average salary by contribution assumption: employee only about $1,275,825 at 4% or $850,550 at 6%; with 50% employer match about $850,550 at 4% or $567,033 at 6%; with 100% employer match about $637,913 at 4% or $425,275 at 6%.
Aldon Electric 401(K) Pension Plan-6$137,550$143,476$23,913iApproximate average salary by contribution assumption: employee only about $597,817 at 4% or $398,544 at 6%; with 50% employer match about $398,544 at 4% or $265,696 at 6%; with 100% employer match about $298,908 at 4% or $199,272 at 6%.
200610$0$0-
National Benefit 401-Pw Plan-0---
200510$15,834$0-
National Benefit 401-Pw Plan-0$15,834--
200410$40,421$0-
National Benefit 401-Pw Plan-0$40,421--
200310$0$0-
National Benefit 401-Pw Plan-0---
2002119$116,961$0-
National Benefit 401-Pw Plan-19$116,961--
2001125$0$0-
National Benefit 401-Pw Plan-25---
2000137$307,549$57,282$1,548iApproximate average salary by contribution assumption: employee only about $38,704 at 4% or $25,803 at 6%; with 50% employer match about $25,803 at 4% or $17,202 at 6%; with 100% employer match about $19,352 at 4% or $12,901 at 6%.
National Benefit 401-Pw Plan-37$307,549$57,282$1,548iApproximate average salary by contribution assumption: employee only about $38,704 at 4% or $25,803 at 6%; with 50% employer match about $25,803 at 4% or $17,202 at 6%; with 100% employer match about $19,352 at 4% or $12,901 at 6%.
1999139$396,698$197,724$5,070iApproximate average salary by contribution assumption: employee only about $126,746 at 4% or $84,497 at 6%; with 50% employer match about $84,497 at 4% or $56,332 at 6%; with 100% employer match about $63,373 at 4% or $42,249 at 6%.
National Benefit 401-Pw Plan-39$396,698$197,724$5,070iApproximate average salary by contribution assumption: employee only about $126,746 at 4% or $84,497 at 6%; with 50% employer match about $84,497 at 4% or $56,332 at 6%; with 100% employer match about $63,373 at 4% or $42,249 at 6%.