Civic Intelligence

Newman Electric

Plan context: NEWMAN ELECTRIC 401(K) PROFIT SHARING PLAN & TRUST

EIN 16-1132441 • Tonawanda, NY • 15 filings • 4 plans

15 Moyle AveTonawanda, NY 14150-3713
Current Snapshot

Latest Year

2023

2023 Participants

20

2023 Assets

$315,138

2023 Contributions

$2,541

Historical Graphs

Total Assets Over Time

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

$406,701$203,351$0199920142023YearValue
$315,138Latest year 2023

Participants Over Time

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

22110199920132023YearValue
20Latest year 2023

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
2023120$315,138$2,541$127iApproximate average salary by contribution assumption: employee only about $3,176 at 4% or $2,118 at 6%; with 50% employer match about $2,118 at 4% or $1,412 at 6%; with 100% employer match about $1,588 at 4% or $1,059 at 6%.
NEWMAN ELECTRIC 401(K) PROFIT SHARING PLAN & TRUST-20$315,138$2,541$127iApproximate average salary by contribution assumption: employee only about $3,176 at 4% or $2,118 at 6%; with 50% employer match about $2,118 at 4% or $1,412 at 6%; with 100% employer match about $1,588 at 4% or $1,059 at 6%.
2021122$406,701$13,399$609iApproximate average salary by contribution assumption: employee only about $15,226 at 4% or $10,151 at 6%; with 50% employer match about $10,151 at 4% or $6,767 at 6%; with 100% employer match about $7,613 at 4% or $5,075 at 6%.
NEWMAN ELECTRIC 401(K) PROFIT SHARING PLAN & TRUST-22$406,701$13,399$609iApproximate average salary by contribution assumption: employee only about $15,226 at 4% or $10,151 at 6%; with 50% employer match about $10,151 at 4% or $6,767 at 6%; with 100% employer match about $7,613 at 4% or $5,075 at 6%.
2019122$281,381$11,782$536iApproximate average salary by contribution assumption: employee only about $13,389 at 4% or $8,926 at 6%; with 50% employer match about $8,926 at 4% or $5,951 at 6%; with 100% employer match about $6,694 at 4% or $4,463 at 6%.
NEWMAN ELECTRIC 401(K) PROFIT SHARING PLAN & TRUST-22$281,381$11,782$536iApproximate average salary by contribution assumption: employee only about $13,389 at 4% or $8,926 at 6%; with 50% employer match about $8,926 at 4% or $5,951 at 6%; with 100% employer match about $6,694 at 4% or $4,463 at 6%.
2018120$208,367$11,373$569iApproximate average salary by contribution assumption: employee only about $14,216 at 4% or $9,478 at 6%; with 50% employer match about $9,478 at 4% or $6,318 at 6%; with 100% employer match about $7,108 at 4% or $4,739 at 6%.
NEWMAN ELECTRIC 401 K PROFIT SHARING PLAN TRUST-20$208,367$11,373$569iApproximate average salary by contribution assumption: employee only about $14,216 at 4% or $9,478 at 6%; with 50% employer match about $9,478 at 4% or $6,318 at 6%; with 100% employer match about $7,108 at 4% or $4,739 at 6%.
2017121$229,821$11,639$554iApproximate average salary by contribution assumption: employee only about $13,856 at 4% or $9,237 at 6%; with 50% employer match about $9,237 at 4% or $6,158 at 6%; with 100% employer match about $6,928 at 4% or $4,619 at 6%.
NEWMAN ELECTRIC 401 K PROFIT SHARING PLAN TRUST-21$229,821$11,639$554iApproximate average salary by contribution assumption: employee only about $13,856 at 4% or $9,237 at 6%; with 50% employer match about $9,237 at 4% or $6,158 at 6%; with 100% employer match about $6,928 at 4% or $4,619 at 6%.
2015120$160,968$12,039$602iApproximate average salary by contribution assumption: employee only about $15,049 at 4% or $10,033 at 6%; with 50% employer match about $10,033 at 4% or $6,688 at 6%; with 100% employer match about $7,524 at 4% or $5,016 at 6%.
NEWMAN ELECTRIC 401 K PROFIT SHARING PLAN TRUST-20$160,968$12,039$602iApproximate average salary by contribution assumption: employee only about $15,049 at 4% or $10,033 at 6%; with 50% employer match about $10,033 at 4% or $6,688 at 6%; with 100% employer match about $7,524 at 4% or $5,016 at 6%.
2014116$147,518$13,822$864iApproximate average salary by contribution assumption: employee only about $21,597 at 4% or $14,398 at 6%; with 50% employer match about $14,398 at 4% or $9,599 at 6%; with 100% employer match about $10,798 at 4% or $7,199 at 6%.
NEWMAN ELECTRIC 401 K PROFIT SHARING PLAN TRUST-16$147,518$13,822$864iApproximate average salary by contribution assumption: employee only about $21,597 at 4% or $14,398 at 6%; with 50% employer match about $14,398 at 4% or $9,599 at 6%; with 100% employer match about $10,798 at 4% or $7,199 at 6%.
2013119$163,595$14,398$758iApproximate average salary by contribution assumption: employee only about $18,945 at 4% or $12,630 at 6%; with 50% employer match about $12,630 at 4% or $8,420 at 6%; with 100% employer match about $9,472 at 4% or $6,315 at 6%.
NEWMAN ELECTRIC 401 K PROFIT SHARING PLAN TRUST-19$163,595$14,398$758iApproximate average salary by contribution assumption: employee only about $18,945 at 4% or $12,630 at 6%; with 50% employer match about $12,630 at 4% or $8,420 at 6%; with 100% employer match about $9,472 at 4% or $6,315 at 6%.
2012117$117,336$5,292$311iApproximate average salary by contribution assumption: employee only about $7,782 at 4% or $5,188 at 6%; with 50% employer match about $5,188 at 4% or $3,459 at 6%; with 100% employer match about $3,891 at 4% or $2,594 at 6%.
NEWMAN ELECTRIC 401 K PROFIT SHARING PLAN TRUST-17$117,336$5,292$311iApproximate average salary by contribution assumption: employee only about $7,782 at 4% or $5,188 at 6%; with 50% employer match about $5,188 at 4% or $3,459 at 6%; with 100% employer match about $3,891 at 4% or $2,594 at 6%.
2011116$97,349$6,491$406iApproximate average salary by contribution assumption: employee only about $10,142 at 4% or $6,761 at 6%; with 50% employer match about $6,761 at 4% or $4,508 at 6%; with 100% employer match about $5,071 at 4% or $3,381 at 6%.
NEWMAN ELECTRIC 401 K PROFIT SHARING PLAN TRUST-16$97,349$6,491$406iApproximate average salary by contribution assumption: employee only about $10,142 at 4% or $6,761 at 6%; with 50% employer match about $6,761 at 4% or $4,508 at 6%; with 100% employer match about $5,071 at 4% or $3,381 at 6%.
2010110$99,733$7,869$787iApproximate average salary by contribution assumption: employee only about $19,673 at 4% or $13,115 at 6%; with 50% employer match about $13,115 at 4% or $8,743 at 6%; with 100% employer match about $9,836 at 4% or $6,558 at 6%.
NEWMAN ELECTRIC 401 K PROFIT SHARING PLAN TRUST-10$99,733$7,869$787iApproximate average salary by contribution assumption: employee only about $19,673 at 4% or $13,115 at 6%; with 50% employer match about $13,115 at 4% or $8,743 at 6%; with 100% employer match about $9,836 at 4% or $6,558 at 6%.
2009110$80,392$8,500$850iApproximate average salary by contribution assumption: employee only about $21,250 at 4% or $14,167 at 6%; with 50% employer match about $14,167 at 4% or $9,444 at 6%; with 100% employer match about $10,625 at 4% or $7,083 at 6%.
NEWMAN ELECTRIC-10$80,392$8,500$850iApproximate average salary by contribution assumption: employee only about $21,250 at 4% or $14,167 at 6%; with 50% employer match about $14,167 at 4% or $9,444 at 6%; with 100% employer match about $10,625 at 4% or $7,083 at 6%.
200117$0$0-
Newman Electric 401K Profit Sharing Plan & Trust-7---
200016$13,947$10,170$1,695iApproximate average salary by contribution assumption: employee only about $42,375 at 4% or $28,250 at 6%; with 50% employer match about $28,250 at 4% or $18,833 at 6%; with 100% employer match about $21,188 at 4% or $14,125 at 6%.
Newman Electric 401K Profit Sharing Plan & Trust-6$13,947$10,170$1,695iApproximate average salary by contribution assumption: employee only about $42,375 at 4% or $28,250 at 6%; with 50% employer match about $28,250 at 4% or $18,833 at 6%; with 100% employer match about $21,188 at 4% or $14,125 at 6%.
199916$4,138$3,938$656iApproximate average salary by contribution assumption: employee only about $16,408 at 4% or $10,939 at 6%; with 50% employer match about $10,939 at 4% or $7,293 at 6%; with 100% employer match about $8,204 at 4% or $5,469 at 6%.
Newman Electric 401K Profit Sharing Plan & Trust-6$4,138$3,938$656iApproximate average salary by contribution assumption: employee only about $16,408 at 4% or $10,939 at 6%; with 50% employer match about $10,939 at 4% or $7,293 at 6%; with 100% employer match about $8,204 at 4% or $5,469 at 6%.
Newman Electric | EIN 16-1132441 | 2023 Form 5500 Company Profile