Civic Intelligence

Able Electronics Inc.

Plan context: Able Electronics Inc. 401(K) Profit Sharing Plan

EIN 11-3228526 • Bellport, NY • 12 filings • 3 plans

18 Sawgrass DriveBellport, NY 11713
Current Snapshot

Latest Year

2024

2024 Participants

13

2024 Assets

$2,165,888

2024 Contributions

$485,835

Historical Graphs

Total Assets Over Time

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

$2,165,888$1,082,944$0201920222024YearValue
$2,165,888Latest year 2024

Participants Over Time

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

1370201920222024YearValue
13Latest 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
2024313$2,165,888$485,835$37,372iApproximate average salary by contribution assumption: employee only about $934,298 at 4% or $622,865 at 6%; with 50% employer match about $622,865 at 4% or $415,244 at 6%; with 100% employer match about $467,149 at 4% or $311,433 at 6%.
Able Electronics Inc. 401(K) Profit Sharing Plan-13$741,464$161,906$12,454iApproximate average salary by contribution assumption: employee only about $311,358 at 4% or $207,572 at 6%; with 50% employer match about $207,572 at 4% or $138,381 at 6%; with 100% employer match about $155,679 at 4% or $103,786 at 6%.
ABLE ELECTRONICS INC. CASH BALANCE PLAN-5$729,092$165,621$33,124iApproximate average salary by contribution assumption: employee only about $828,105 at 4% or $552,070 at 6%; with 50% employer match about $552,070 at 4% or $368,047 at 6%; with 100% employer match about $414,052 at 4% or $276,035 at 6%.
Able Electronics Inc-13$695,332$158,308$12,178iApproximate average salary by contribution assumption: employee only about $304,438 at 4% or $202,959 at 6%; with 50% employer match about $202,959 at 4% or $135,306 at 6%; with 100% employer match about $152,219 at 4% or $101,479 at 6%.
2023313$1,035,335$420,333$32,333iApproximate average salary by contribution assumption: employee only about $808,333 at 4% or $538,888 at 6%; with 50% employer match about $538,888 at 4% or $359,259 at 6%; with 100% employer match about $404,166 at 4% or $269,444 at 6%.
Able Electronics Inc. 401(K) Profit Sharing Plan-13$521,563$168,259$12,943iApproximate average salary by contribution assumption: employee only about $323,575 at 4% or $215,717 at 6%; with 50% employer match about $215,717 at 4% or $143,811 at 6%; with 100% employer match about $161,788 at 4% or $107,858 at 6%.
ABLE ELECTRONICS INC. CASH BALANCE PLAN-5$513,772$252,074$50,415iApproximate average salary by contribution assumption: employee only about $1,260,370 at 4% or $840,247 at 6%; with 50% employer match about $840,247 at 4% or $560,164 at 6%; with 100% employer match about $630,185 at 4% or $420,123 at 6%.
Able Electronics Inc-0$0$0-
202238$542,773$377,235$47,154iApproximate average salary by contribution assumption: employee only about $1,178,859 at 4% or $785,906 at 6%; with 50% employer match about $785,906 at 4% or $523,938 at 6%; with 100% employer match about $589,430 at 4% or $392,953 at 6%.
ABLE ELECTRONICS INC. CASH BALANCE PLAN-5$247,207$247,207$49,441iApproximate average salary by contribution assumption: employee only about $1,236,035 at 4% or $824,023 at 6%; with 50% employer match about $824,023 at 4% or $549,349 at 6%; with 100% employer match about $618,018 at 4% or $412,012 at 6%.
Able Electronics Inc-3$241,058$75,520$25,173iApproximate average salary by contribution assumption: employee only about $629,333 at 4% or $419,556 at 6%; with 50% employer match about $419,556 at 4% or $279,704 at 6%; with 100% employer match about $314,667 at 4% or $209,778 at 6%.
Able Electronics Inc. 401(K) Profit Sharing Plan-8$54,508$54,508$6,814iApproximate average salary by contribution assumption: employee only about $170,338 at 4% or $113,558 at 6%; with 50% employer match about $113,558 at 4% or $75,706 at 6%; with 100% employer match about $85,169 at 4% or $56,779 at 6%.
202113$203,045$52,601$17,534iApproximate average salary by contribution assumption: employee only about $438,342 at 4% or $292,228 at 6%; with 50% employer match about $292,228 at 4% or $194,819 at 6%; with 100% employer match about $219,171 at 4% or $146,114 at 6%.
Able Electronics Inc-3$203,045$52,601$17,534iApproximate average salary by contribution assumption: employee only about $438,342 at 4% or $292,228 at 6%; with 50% employer match about $292,228 at 4% or $194,819 at 6%; with 100% employer match about $219,171 at 4% or $146,114 at 6%.
202013$128,394$56,416$18,805iApproximate average salary by contribution assumption: employee only about $470,133 at 4% or $313,422 at 6%; with 50% employer match about $313,422 at 4% or $208,948 at 6%; with 100% employer match about $235,067 at 4% or $156,711 at 6%.
Able Electronics Inc-3$128,394$56,416$18,805iApproximate average salary by contribution assumption: employee only about $470,133 at 4% or $313,422 at 6%; with 50% employer match about $313,422 at 4% or $208,948 at 6%; with 100% employer match about $235,067 at 4% or $156,711 at 6%.
201913$53,893$49,973$16,658iApproximate average salary by contribution assumption: employee only about $416,442 at 4% or $277,628 at 6%; with 50% employer match about $277,628 at 4% or $185,085 at 6%; with 100% employer match about $208,221 at 4% or $138,814 at 6%.
Able Electronics Inc-3$53,893$49,973$16,658iApproximate average salary by contribution assumption: employee only about $416,442 at 4% or $277,628 at 6%; with 50% employer match about $277,628 at 4% or $185,085 at 6%; with 100% employer match about $208,221 at 4% or $138,814 at 6%.