Civic Intelligence

Korel Controls Inc

Plan context: Korel Controls Inc. Profit Sharing Plan

EIN 05-0498228 • Cranston, RI • 25 filings • 3 plans

One Harry StreetCranston, RI 02907-3128
Current Snapshot

Latest Year

2024

2024 Participants

7

2024 Assets

$5,602,547

2024 Contributions

$159,470

Historical Graphs

Total Assets Over Time

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

$5,602,547$2,801,274$0200220132024YearValue
$5,602,547Latest year 2024

Participants Over Time

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

840200220132024YearValue
7Latest 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
202417$5,602,547$159,470$22,781iApproximate average salary by contribution assumption: employee only about $569,536 at 4% or $379,690 at 6%; with 50% employer match about $379,690 at 4% or $253,127 at 6%; with 100% employer match about $284,768 at 4% or $189,845 at 6%.
Korel Controls Inc. Profit Sharing Plan-7$5,602,547$159,470$22,781iApproximate average salary by contribution assumption: employee only about $569,536 at 4% or $379,690 at 6%; with 50% employer match about $379,690 at 4% or $253,127 at 6%; with 100% employer match about $284,768 at 4% or $189,845 at 6%.
202317$4,873,317$168,676$24,097iApproximate average salary by contribution assumption: employee only about $602,414 at 4% or $401,610 at 6%; with 50% employer match about $401,610 at 4% or $267,740 at 6%; with 100% employer match about $301,207 at 4% or $200,805 at 6%.
Korel Controls Inc. Profit Sharing Plan-7$4,873,317$168,676$24,097iApproximate average salary by contribution assumption: employee only about $602,414 at 4% or $401,610 at 6%; with 50% employer match about $401,610 at 4% or $267,740 at 6%; with 100% employer match about $301,207 at 4% or $200,805 at 6%.
202217$4,187,445$135,832$19,405iApproximate average salary by contribution assumption: employee only about $485,114 at 4% or $323,410 at 6%; with 50% employer match about $323,410 at 4% or $215,606 at 6%; with 100% employer match about $242,557 at 4% or $161,705 at 6%.
Korel Controls Inc. Profit Sharing Plan-7$4,187,445$135,832$19,405iApproximate average salary by contribution assumption: employee only about $485,114 at 4% or $323,410 at 6%; with 50% employer match about $323,410 at 4% or $215,606 at 6%; with 100% employer match about $242,557 at 4% or $161,705 at 6%.
202117$4,501,689$131,444$18,778iApproximate average salary by contribution assumption: employee only about $469,443 at 4% or $312,962 at 6%; with 50% employer match about $312,962 at 4% or $208,641 at 6%; with 100% employer match about $234,721 at 4% or $156,481 at 6%.
Korel Controls Inc. Profit Sharing Plan-7$4,501,689$131,444$18,778iApproximate average salary by contribution assumption: employee only about $469,443 at 4% or $312,962 at 6%; with 50% employer match about $312,962 at 4% or $208,641 at 6%; with 100% employer match about $234,721 at 4% or $156,481 at 6%.
202017$4,072,972$167,024$23,861iApproximate average salary by contribution assumption: employee only about $596,514 at 4% or $397,676 at 6%; with 50% employer match about $397,676 at 4% or $265,117 at 6%; with 100% employer match about $298,257 at 4% or $198,838 at 6%.
Korel Controls Inc. Profit Sharing Plan-7$4,072,972$167,024$23,861iApproximate average salary by contribution assumption: employee only about $596,514 at 4% or $397,676 at 6%; with 50% employer match about $397,676 at 4% or $265,117 at 6%; with 100% employer match about $298,257 at 4% or $198,838 at 6%.
201918$3,692,130$162,130$20,266iApproximate average salary by contribution assumption: employee only about $506,656 at 4% or $337,771 at 6%; with 50% employer match about $337,771 at 4% or $225,181 at 6%; with 100% employer match about $253,328 at 4% or $168,885 at 6%.
Korel Controls Inc. Profit Sharing Plan-8$3,692,130$162,130$20,266iApproximate average salary by contribution assumption: employee only about $506,656 at 4% or $337,771 at 6%; with 50% employer match about $337,771 at 4% or $225,181 at 6%; with 100% employer match about $253,328 at 4% or $168,885 at 6%.
201817$2,952,880$151,105$21,586iApproximate average salary by contribution assumption: employee only about $539,661 at 4% or $359,774 at 6%; with 50% employer match about $359,774 at 4% or $239,849 at 6%; with 100% employer match about $269,830 at 4% or $179,887 at 6%.
Korel Controls Inc. Profit Sharing Plan-7$2,952,880$151,105$21,586iApproximate average salary by contribution assumption: employee only about $539,661 at 4% or $359,774 at 6%; with 50% employer match about $359,774 at 4% or $239,849 at 6%; with 100% employer match about $269,830 at 4% or $179,887 at 6%.
201716$2,909,955$151,160$25,193iApproximate average salary by contribution assumption: employee only about $629,833 at 4% or $419,889 at 6%; with 50% employer match about $419,889 at 4% or $279,926 at 6%; with 100% employer match about $314,917 at 4% or $209,944 at 6%.
Korel Controls Inc. Profit Sharing Plan-6$2,909,955$151,160$25,193iApproximate average salary by contribution assumption: employee only about $629,833 at 4% or $419,889 at 6%; with 50% employer match about $419,889 at 4% or $279,926 at 6%; with 100% employer match about $314,917 at 4% or $209,944 at 6%.
201616$2,293,958$131,898$21,983iApproximate average salary by contribution assumption: employee only about $549,575 at 4% or $366,383 at 6%; with 50% employer match about $366,383 at 4% or $244,256 at 6%; with 100% employer match about $274,788 at 4% or $183,192 at 6%.
Korel Controls Inc. Profit Sharing Plan-6$2,293,958$131,898$21,983iApproximate average salary by contribution assumption: employee only about $549,575 at 4% or $366,383 at 6%; with 50% employer match about $366,383 at 4% or $244,256 at 6%; with 100% employer match about $274,788 at 4% or $183,192 at 6%.
201516$1,991,957$143,905$23,984iApproximate average salary by contribution assumption: employee only about $599,604 at 4% or $399,736 at 6%; with 50% employer match about $399,736 at 4% or $266,491 at 6%; with 100% employer match about $299,802 at 4% or $199,868 at 6%.
Korel Controls Inc. Profit Sharing Plan-6$1,991,957$143,905$23,984iApproximate average salary by contribution assumption: employee only about $599,604 at 4% or $399,736 at 6%; with 50% employer match about $399,736 at 4% or $266,491 at 6%; with 100% employer match about $299,802 at 4% or $199,868 at 6%.
201418$2,073,809$120,968$15,121iApproximate average salary by contribution assumption: employee only about $378,025 at 4% or $252,017 at 6%; with 50% employer match about $252,017 at 4% or $168,011 at 6%; with 100% employer match about $189,013 at 4% or $126,008 at 6%.
Korel Controls Inc. Profit Sharing Plan-8$2,073,809$120,968$15,121iApproximate average salary by contribution assumption: employee only about $378,025 at 4% or $252,017 at 6%; with 50% employer match about $252,017 at 4% or $168,011 at 6%; with 100% employer match about $189,013 at 4% or $126,008 at 6%.
201317$1,828,588$122,728$17,533iApproximate average salary by contribution assumption: employee only about $438,314 at 4% or $292,210 at 6%; with 50% employer match about $292,210 at 4% or $194,806 at 6%; with 100% employer match about $219,157 at 4% or $146,105 at 6%.
Korel Controls Inc. Profit Sharing Plan-7$1,828,588$122,728$17,533iApproximate average salary by contribution assumption: employee only about $438,314 at 4% or $292,210 at 6%; with 50% employer match about $292,210 at 4% or $194,806 at 6%; with 100% employer match about $219,157 at 4% or $146,105 at 6%.
201217$1,366,792$105,724$15,103iApproximate average salary by contribution assumption: employee only about $377,586 at 4% or $251,724 at 6%; with 50% employer match about $251,724 at 4% or $167,816 at 6%; with 100% employer match about $188,793 at 4% or $125,862 at 6%.
Korel Controls Inc. Profit Sharing Plan-7$1,366,792$105,724$15,103iApproximate average salary by contribution assumption: employee only about $377,586 at 4% or $251,724 at 6%; with 50% employer match about $251,724 at 4% or $167,816 at 6%; with 100% employer match about $188,793 at 4% or $125,862 at 6%.
201114$1,114,096$79,785$19,946iApproximate average salary by contribution assumption: employee only about $498,656 at 4% or $332,438 at 6%; with 50% employer match about $332,438 at 4% or $221,625 at 6%; with 100% employer match about $249,328 at 4% or $166,219 at 6%.
Korel Controls Inc. Profit Sharing Plan-4$1,114,096$79,785$19,946iApproximate average salary by contribution assumption: employee only about $498,656 at 4% or $332,438 at 6%; with 50% employer match about $332,438 at 4% or $221,625 at 6%; with 100% employer match about $249,328 at 4% or $166,219 at 6%.
201014$1,047,466$54,457$13,614iApproximate average salary by contribution assumption: employee only about $340,356 at 4% or $226,904 at 6%; with 50% employer match about $226,904 at 4% or $151,269 at 6%; with 100% employer match about $170,178 at 4% or $113,452 at 6%.
Korel Controls Inc. Profit Sharing Plan-4$1,047,466$54,457$13,614iApproximate average salary by contribution assumption: employee only about $340,356 at 4% or $226,904 at 6%; with 50% employer match about $226,904 at 4% or $151,269 at 6%; with 100% employer match about $170,178 at 4% or $113,452 at 6%.
200915$915,632$105,165$21,033iApproximate average salary by contribution assumption: employee only about $525,825 at 4% or $350,550 at 6%; with 50% employer match about $350,550 at 4% or $233,700 at 6%; with 100% employer match about $262,913 at 4% or $175,275 at 6%.
Korel Controls Inc. Profit Sharing Plan-5$915,632$105,165$21,033iApproximate average salary by contribution assumption: employee only about $525,825 at 4% or $350,550 at 6%; with 50% employer match about $350,550 at 4% or $233,700 at 6%; with 100% employer match about $262,913 at 4% or $175,275 at 6%.
200814$626,732$90,666$22,667iApproximate average salary by contribution assumption: employee only about $566,663 at 4% or $377,775 at 6%; with 50% employer match about $377,775 at 4% or $251,850 at 6%; with 100% employer match about $283,331 at 4% or $188,888 at 6%.
Korel Controls Inc. Profit Sharing Plan-4$626,732$90,666$22,667iApproximate average salary by contribution assumption: employee only about $566,663 at 4% or $377,775 at 6%; with 50% employer match about $377,775 at 4% or $251,850 at 6%; with 100% employer match about $283,331 at 4% or $188,888 at 6%.
200714$866,328$90,247$22,562iApproximate average salary by contribution assumption: employee only about $564,044 at 4% or $376,029 at 6%; with 50% employer match about $376,029 at 4% or $250,686 at 6%; with 100% employer match about $282,022 at 4% or $188,015 at 6%.
Korel Controls Inc. Profit Sharing Plan-4$866,328$90,247$22,562iApproximate average salary by contribution assumption: employee only about $564,044 at 4% or $376,029 at 6%; with 50% employer match about $376,029 at 4% or $250,686 at 6%; with 100% employer match about $282,022 at 4% or $188,015 at 6%.
200614$725,271$92,431$23,108iApproximate average salary by contribution assumption: employee only about $577,694 at 4% or $385,129 at 6%; with 50% employer match about $385,129 at 4% or $256,753 at 6%; with 100% employer match about $288,847 at 4% or $192,565 at 6%.
Korel Controls Inc. Profit Sharing Plan-4$725,271$92,431$23,108iApproximate average salary by contribution assumption: employee only about $577,694 at 4% or $385,129 at 6%; with 50% employer match about $385,129 at 4% or $256,753 at 6%; with 100% employer match about $288,847 at 4% or $192,565 at 6%.
200515$563,407$87,712$17,542iApproximate average salary by contribution assumption: employee only about $438,560 at 4% or $292,373 at 6%; with 50% employer match about $292,373 at 4% or $194,916 at 6%; with 100% employer match about $219,280 at 4% or $146,187 at 6%.
Korel Controls Inc. Profit Sharing Plan-5$563,407$87,712$17,542iApproximate average salary by contribution assumption: employee only about $438,560 at 4% or $292,373 at 6%; with 50% employer match about $292,373 at 4% or $194,916 at 6%; with 100% employer match about $219,280 at 4% or $146,187 at 6%.
200414$440,592$167,297$41,824iApproximate average salary by contribution assumption: employee only about $1,045,606 at 4% or $697,071 at 6%; with 50% employer match about $697,071 at 4% or $464,714 at 6%; with 100% employer match about $522,803 at 4% or $348,535 at 6%.
Korel Controls Inc. Profit Sharing Plan-4$440,592$167,297$41,824iApproximate average salary by contribution assumption: employee only about $1,045,606 at 4% or $697,071 at 6%; with 50% employer match about $697,071 at 4% or $464,714 at 6%; with 100% employer match about $522,803 at 4% or $348,535 at 6%.
200323$244,548$80,000$26,667iApproximate average salary by contribution assumption: employee only about $666,667 at 4% or $444,444 at 6%; with 50% employer match about $444,444 at 4% or $296,296 at 6%; with 100% employer match about $333,333 at 4% or $222,222 at 6%.
Korel Controls Inc. Profit Sharing Plan-3$244,548$80,000$26,667iApproximate average salary by contribution assumption: employee only about $666,667 at 4% or $444,444 at 6%; with 50% employer match about $444,444 at 4% or $296,296 at 6%; with 100% employer match about $333,333 at 4% or $222,222 at 6%.
KOREL CONTROLS INC. MONEY PURCHASE PLAN-0---
200223$139,217$68,570$22,857iApproximate average salary by contribution assumption: employee only about $571,417 at 4% or $380,944 at 6%; with 50% employer match about $380,944 at 4% or $253,963 at 6%; with 100% employer match about $285,708 at 4% or $190,472 at 6%.
Korel Controls Inc. Profit Sharing Plan-3$83,533$41,142$13,714iApproximate average salary by contribution assumption: employee only about $342,850 at 4% or $228,567 at 6%; with 50% employer match about $228,567 at 4% or $152,378 at 6%; with 100% employer match about $171,425 at 4% or $114,283 at 6%.
KOREL CONTROLS INC. MONEY PURCHASE PLAN-3$55,684$27,428$9,143iApproximate average salary by contribution assumption: employee only about $228,567 at 4% or $152,378 at 6%; with 50% employer match about $152,378 at 4% or $101,585 at 6%; with 100% employer match about $114,283 at 4% or $76,189 at 6%.