Civic Intelligence

Laredo Electric Inc

Plan context: LAREDO ELECTRIC, INC. CASH BALANCE PLAN

EIN 13-3885909 • Staten Island, NY • 42 filings • 4 plans

2477 Arthur Kill RoadStaten Island, NY 10309
Current Snapshot

Latest Year

2024

2024 Participants

21

2024 Assets

$4,002,824

2024 Contributions

$384,633

Historical Graphs

Total Assets Over Time

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

$4,002,824$2,001,412$0199920132024YearValue
$4,002,824Latest year 2024

Participants Over Time

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

21110199920132024YearValue
21Latest 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
2024221$4,002,824$384,633$18,316iApproximate average salary by contribution assumption: employee only about $457,896 at 4% or $305,264 at 6%; with 50% employer match about $305,264 at 4% or $203,510 at 6%; with 100% employer match about $228,948 at 4% or $152,632 at 6%.
LAREDO ELECTRIC, INC. CASH BALANCE PLAN-21$2,366,492$233,846$11,136iApproximate average salary by contribution assumption: employee only about $278,388 at 4% or $185,592 at 6%; with 50% employer match about $185,592 at 4% or $123,728 at 6%; with 100% employer match about $139,194 at 4% or $92,796 at 6%.
Laredo Electric Inc Profit Sharing Plan-21$1,636,332$150,787$7,180iApproximate average salary by contribution assumption: employee only about $179,508 at 4% or $119,672 at 6%; with 50% employer match about $119,672 at 4% or $79,781 at 6%; with 100% employer match about $89,754 at 4% or $59,836 at 6%.
2023221$3,298,933$307,086$14,623iApproximate average salary by contribution assumption: employee only about $365,579 at 4% or $243,719 at 6%; with 50% employer match about $243,719 at 4% or $162,479 at 6%; with 100% employer match about $182,789 at 4% or $121,860 at 6%.
LAREDO ELECTRIC, INC. CASH BALANCE PLAN-21$1,943,244$137,937$6,568iApproximate average salary by contribution assumption: employee only about $164,211 at 4% or $109,474 at 6%; with 50% employer match about $109,474 at 4% or $72,983 at 6%; with 100% employer match about $82,105 at 4% or $54,737 at 6%.
Laredo Electric Inc Profit Sharing Plan-21$1,355,689$169,149$8,055iApproximate average salary by contribution assumption: employee only about $201,368 at 4% or $134,245 at 6%; with 50% employer match about $134,245 at 4% or $89,497 at 6%; with 100% employer match about $100,684 at 4% or $67,123 at 6%.
2022221$2,738,094$146,580$6,980iApproximate average salary by contribution assumption: employee only about $174,500 at 4% or $116,333 at 6%; with 50% employer match about $116,333 at 4% or $77,556 at 6%; with 100% employer match about $87,250 at 4% or $58,167 at 6%.
LAREDO ELECTRIC, INC. CASH BALANCE PLAN-20$1,570,673--
Laredo Electric Inc Profit Sharing Plan-21$1,167,421$146,580$6,980iApproximate average salary by contribution assumption: employee only about $174,500 at 4% or $116,333 at 6%; with 50% employer match about $116,333 at 4% or $77,556 at 6%; with 100% employer match about $87,250 at 4% or $58,167 at 6%.
2021220$3,147,398$137,499$6,875iApproximate average salary by contribution assumption: employee only about $171,874 at 4% or $114,583 at 6%; with 50% employer match about $114,583 at 4% or $76,388 at 6%; with 100% employer match about $85,937 at 4% or $57,291 at 6%.
LAREDO ELECTRIC, INC. CASH BALANCE PLAN-19$1,920,551$0-
Laredo Electric Inc Profit Sharing Plan-20$1,226,847$137,499$6,875iApproximate average salary by contribution assumption: employee only about $171,874 at 4% or $114,583 at 6%; with 50% employer match about $114,583 at 4% or $76,388 at 6%; with 100% employer match about $85,937 at 4% or $57,291 at 6%.
2020218$2,664,106$236,791$13,155iApproximate average salary by contribution assumption: employee only about $328,876 at 4% or $219,251 at 6%; with 50% employer match about $219,251 at 4% or $146,167 at 6%; with 100% employer match about $164,438 at 4% or $109,625 at 6%.
LAREDO ELECTRIC, INC. CASH BALANCE PLAN-17$1,712,161$109,151$6,421iApproximate average salary by contribution assumption: employee only about $160,516 at 4% or $107,011 at 6%; with 50% employer match about $107,011 at 4% or $71,341 at 6%; with 100% employer match about $80,258 at 4% or $53,505 at 6%.
Laredo Electric Inc Profit Sharing Plan-18$951,945$127,640$7,091iApproximate average salary by contribution assumption: employee only about $177,278 at 4% or $118,185 at 6%; with 50% employer match about $118,185 at 4% or $78,790 at 6%; with 100% employer match about $88,639 at 4% or $59,093 at 6%.
2019218$2,165,809$406,234$22,569iApproximate average salary by contribution assumption: employee only about $564,214 at 4% or $376,143 at 6%; with 50% employer match about $376,143 at 4% or $250,762 at 6%; with 100% employer match about $282,107 at 4% or $188,071 at 6%.
LAREDO ELECTRIC, INC. CASH BALANCE PLAN-18$1,437,066$272,133$15,119iApproximate average salary by contribution assumption: employee only about $377,963 at 4% or $251,975 at 6%; with 50% employer match about $251,975 at 4% or $167,983 at 6%; with 100% employer match about $188,981 at 4% or $125,988 at 6%.
Laredo Electric Inc Profit Sharing Plan-18$728,743$134,101$7,450iApproximate average salary by contribution assumption: employee only about $186,251 at 4% or $124,168 at 6%; with 50% employer match about $124,168 at 4% or $82,778 at 6%; with 100% employer match about $93,126 at 4% or $62,084 at 6%.
2018220$1,513,895$418,803$20,940iApproximate average salary by contribution assumption: employee only about $523,504 at 4% or $349,003 at 6%; with 50% employer match about $349,003 at 4% or $232,668 at 6%; with 100% employer match about $261,752 at 4% or $174,501 at 6%.
LAREDO ELECTRIC, INC. CASH BALANCE PLAN-18$1,002,165$291,483$16,194iApproximate average salary by contribution assumption: employee only about $404,838 at 4% or $269,892 at 6%; with 50% employer match about $269,892 at 4% or $179,928 at 6%; with 100% employer match about $202,419 at 4% or $134,946 at 6%.
Laredo Electric Inc Profit Sharing Plan-20$511,730$127,320$6,366iApproximate average salary by contribution assumption: employee only about $159,150 at 4% or $106,100 at 6%; with 50% employer match about $106,100 at 4% or $70,733 at 6%; with 100% employer match about $79,575 at 4% or $53,050 at 6%.
2017219$1,189,733$402,646$21,192iApproximate average salary by contribution assumption: employee only about $529,797 at 4% or $353,198 at 6%; with 50% employer match about $353,198 at 4% or $235,465 at 6%; with 100% employer match about $264,899 at 4% or $176,599 at 6%.
LAREDO ELECTRIC, INC. CASH BALANCE PLAN-17$761,962$271,096$15,947iApproximate average salary by contribution assumption: employee only about $398,671 at 4% or $265,780 at 6%; with 50% employer match about $265,780 at 4% or $177,187 at 6%; with 100% employer match about $199,335 at 4% or $132,890 at 6%.
Laredo Electric Inc Profit Sharing Plan-19$427,771$131,550$6,924iApproximate average salary by contribution assumption: employee only about $173,092 at 4% or $115,395 at 6%; with 50% employer match about $115,395 at 4% or $76,930 at 6%; with 100% employer match about $86,546 at 4% or $57,697 at 6%.
2016217$697,990$263,103$15,477iApproximate average salary by contribution assumption: employee only about $386,916 at 4% or $257,944 at 6%; with 50% employer match about $257,944 at 4% or $171,963 at 6%; with 100% employer match about $193,458 at 4% or $128,972 at 6%.
LAREDO ELECTRIC, INC. CASH BALANCE PLAN-16$436,896$133,305$8,332iApproximate average salary by contribution assumption: employee only about $208,289 at 4% or $138,859 at 6%; with 50% employer match about $138,859 at 4% or $92,573 at 6%; with 100% employer match about $104,145 at 4% or $69,430 at 6%.
Laredo Electric Inc Profit Sharing Plan-17$261,094$129,798$7,635iApproximate average salary by contribution assumption: employee only about $190,879 at 4% or $127,253 at 6%; with 50% employer match about $127,253 at 4% or $84,835 at 6%; with 100% employer match about $95,440 at 4% or $63,626 at 6%.
2015216$411,733$255,083$15,943iApproximate average salary by contribution assumption: employee only about $398,567 at 4% or $265,711 at 6%; with 50% employer match about $265,711 at 4% or $177,141 at 6%; with 100% employer match about $199,284 at 4% or $132,856 at 6%.
LAREDO ELECTRIC, INC. CASH BALANCE PLAN-16$285,358$150,811$9,426iApproximate average salary by contribution assumption: employee only about $235,642 at 4% or $157,095 at 6%; with 50% employer match about $157,095 at 4% or $104,730 at 6%; with 100% employer match about $117,821 at 4% or $78,547 at 6%.
Laredo Electric Inc Profit Sharing Plan-16$126,375$104,272$6,517iApproximate average salary by contribution assumption: employee only about $162,925 at 4% or $108,617 at 6%; with 50% employer match about $108,617 at 4% or $72,411 at 6%; with 100% employer match about $81,463 at 4% or $54,308 at 6%.
2014314$162,223$162,223$11,587iApproximate average salary by contribution assumption: employee only about $289,684 at 4% or $193,123 at 6%; with 50% employer match about $193,123 at 4% or $128,748 at 6%; with 100% employer match about $144,842 at 4% or $96,561 at 6%.
LAREDO ELECTRIC, INC. CASH BALANCE PLAN-14$139,815$139,815$9,987iApproximate average salary by contribution assumption: employee only about $249,670 at 4% or $166,446 at 6%; with 50% employer match about $166,446 at 4% or $110,964 at 6%; with 100% employer match about $124,835 at 4% or $83,223 at 6%.
Laredo Electric Inc Profit Sharing Plan-11$22,408$22,408$2,037iApproximate average salary by contribution assumption: employee only about $50,927 at 4% or $33,952 at 6%; with 50% employer match about $33,952 at 4% or $22,634 at 6%; with 100% employer match about $25,464 at 4% or $16,976 at 6%.
Laredo Electric Inc Profit Sharing Plan-0---
201311$23,911$0-
Laredo Electric Inc Profit Sharing Plan-1$23,911--
201212$40,883$0-
Laredo Electric Inc Profit Sharing Plan-2$40,883--
201115$518,338$0-
Laredo Electric Inc Profit Sharing Plan-5$518,338--
201015$550,223$0-
Laredo Electric Inc Profit Sharing Plan-5$550,223--
200915$442,528$97,059$19,412iApproximate average salary by contribution assumption: employee only about $485,295 at 4% or $323,530 at 6%; with 50% employer match about $323,530 at 4% or $215,687 at 6%; with 100% employer match about $242,648 at 4% or $161,765 at 6%.
Laredo Electric Inc Profit Sharing Plan-5$442,528$97,059$19,412iApproximate average salary by contribution assumption: employee only about $485,295 at 4% or $323,530 at 6%; with 50% employer match about $323,530 at 4% or $215,687 at 6%; with 100% employer match about $242,648 at 4% or $161,765 at 6%.
200825$258,825$73,838$14,768iApproximate average salary by contribution assumption: employee only about $369,190 at 4% or $246,127 at 6%; with 50% employer match about $246,127 at 4% or $164,084 at 6%; with 100% employer match about $184,595 at 4% or $123,063 at 6%.
Laredo Electric Inc Profit Sharing Plan-5$258,825$73,838$14,768iApproximate average salary by contribution assumption: employee only about $369,190 at 4% or $246,127 at 6%; with 50% employer match about $246,127 at 4% or $164,084 at 6%; with 100% employer match about $184,595 at 4% or $123,063 at 6%.
Laredo Electric Inc Money Purchase Plan-2---
200724$323,802$13,093$3,273iApproximate average salary by contribution assumption: employee only about $81,831 at 4% or $54,554 at 6%; with 50% employer match about $54,554 at 4% or $36,369 at 6%; with 100% employer match about $40,916 at 4% or $27,277 at 6%.
Laredo Electric Inc Profit Sharing Plan-4$323,802$13,093$3,273iApproximate average salary by contribution assumption: employee only about $81,831 at 4% or $54,554 at 6%; with 50% employer match about $54,554 at 4% or $36,369 at 6%; with 100% employer match about $40,916 at 4% or $27,277 at 6%.
Laredo Electric Inc Money Purchase Plan-2---
200624$293,187$55,399$13,850iApproximate average salary by contribution assumption: employee only about $346,244 at 4% or $230,829 at 6%; with 50% employer match about $230,829 at 4% or $153,886 at 6%; with 100% employer match about $173,122 at 4% or $115,415 at 6%.
Laredo Electric Inc Profit Sharing Plan-4$293,187$55,399$13,850iApproximate average salary by contribution assumption: employee only about $346,244 at 4% or $230,829 at 6%; with 50% employer match about $230,829 at 4% or $153,886 at 6%; with 100% employer match about $173,122 at 4% or $115,415 at 6%.
Laredo Electric Inc Money Purchase Plan-2---
200422$78,568$0-
Laredo Electric Inc Money Purchase Plan-2$78,568--
Laredo Electric Inc Profit Sharing Plan-2---
200122$115,442$55,840$27,920iApproximate average salary by contribution assumption: employee only about $698,000 at 4% or $465,333 at 6%; with 50% employer match about $465,333 at 4% or $310,222 at 6%; with 100% employer match about $349,000 at 4% or $232,667 at 6%.
Laredo Electric Inc Profit Sharing Plan-2$66,660$33,510$16,755iApproximate average salary by contribution assumption: employee only about $418,875 at 4% or $279,250 at 6%; with 50% employer match about $279,250 at 4% or $186,167 at 6%; with 100% employer match about $209,438 at 4% or $139,625 at 6%.
Laredo Electric Inc Money Purchase Plan-2$48,782$22,330$11,165iApproximate average salary by contribution assumption: employee only about $279,125 at 4% or $186,083 at 6%; with 50% employer match about $186,083 at 4% or $124,056 at 6%; with 100% employer match about $139,563 at 4% or $93,042 at 6%.
200022$44,486$18,000$9,000iApproximate average salary by contribution assumption: employee only about $225,000 at 4% or $150,000 at 6%; with 50% employer match about $150,000 at 4% or $100,000 at 6%; with 100% employer match about $112,500 at 4% or $75,000 at 6%.
Laredo Electric Inc Profit Sharing Plan-2$44,486$18,000$9,000iApproximate average salary by contribution assumption: employee only about $225,000 at 4% or $150,000 at 6%; with 50% employer match about $150,000 at 4% or $100,000 at 6%; with 100% employer match about $112,500 at 4% or $75,000 at 6%.
Laredo Electric Inc Money Purchase Plan-2---
199922$37,640$19,690$9,845iApproximate average salary by contribution assumption: employee only about $246,125 at 4% or $164,083 at 6%; with 50% employer match about $164,083 at 4% or $109,389 at 6%; with 100% employer match about $123,063 at 4% or $82,042 at 6%.
Laredo Electric Inc Profit Sharing Plan-2$22,590$11,814$5,907iApproximate average salary by contribution assumption: employee only about $147,675 at 4% or $98,450 at 6%; with 50% employer match about $98,450 at 4% or $65,633 at 6%; with 100% employer match about $73,838 at 4% or $49,225 at 6%.
Laredo Electric Inc Money Purchase Plan-2$15,050$7,876$3,938iApproximate average salary by contribution assumption: employee only about $98,450 at 4% or $65,633 at 6%; with 50% employer match about $65,633 at 4% or $43,756 at 6%; with 100% employer match about $49,225 at 4% or $32,817 at 6%.