Highpoint Electric Inc.
Plan context: Highpoint Electric Inc. 401(K) Plan
EIN 20-4147041 • Belmont, MI • 18 filings • 2 plans
Current Snapshot
Latest Year
2024
2024 Participants
110
2024 Assets
$6,727,082
2024 Contributions
$1,761,796
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 2 | 110 | $6,727,082 | $1,761,796 | $16,016iApproximate average salary by contribution assumption: employee only about $400,408 at 4% or $266,939 at 6%; with 50% employer match about $266,939 at 4% or $177,959 at 6%; with 100% employer match about $200,204 at 4% or $133,469 at 6%. |
| Highpoint Electric Inc. 401(K) Plan | - | 110 | $5,311,473 | $1,126,917 | $10,245iApproximate average salary by contribution assumption: employee only about $256,118 at 4% or $170,745 at 6%; with 50% employer match about $170,745 at 4% or $113,830 at 6%; with 100% employer match about $128,059 at 4% or $85,373 at 6%. |
| Highpoint Electric Inc. Employee Stock Ownership Plan | - | 78 | $1,415,609 | $634,879 | $8,139iApproximate average salary by contribution assumption: employee only about $203,487 at 4% or $135,658 at 6%; with 50% employer match about $135,658 at 4% or $90,439 at 6%; with 100% employer match about $101,743 at 4% or $67,829 at 6%. |
| 2023 | 2 | 97 | $5,356,784 | $1,431,489 | $14,758iApproximate average salary by contribution assumption: employee only about $368,940 at 4% or $245,960 at 6%; with 50% employer match about $245,960 at 4% or $163,974 at 6%; with 100% employer match about $184,470 at 4% or $122,980 at 6%. |
| Highpoint Electric Inc. 401(K) Plan | - | 97 | $3,662,037 | $1,262,745 | $13,018iApproximate average salary by contribution assumption: employee only about $325,450 at 4% or $216,966 at 6%; with 50% employer match about $216,966 at 4% or $144,644 at 6%; with 100% employer match about $162,725 at 4% or $108,483 at 6%. |
| Highpoint Electric Inc. Employee Stock Ownership Plan | - | 74 | $1,694,747 | $168,744 | $2,280iApproximate average salary by contribution assumption: employee only about $57,008 at 4% or $38,005 at 6%; with 50% employer match about $38,005 at 4% or $25,337 at 6%; with 100% employer match about $28,504 at 4% or $19,003 at 6%. |
| 2022 | 2 | 90 | $3,242,829 | $650,167 | $7,224iApproximate average salary by contribution assumption: employee only about $180,602 at 4% or $120,401 at 6%; with 50% employer match about $120,401 at 4% or $80,268 at 6%; with 100% employer match about $90,301 at 4% or $60,201 at 6%. |
| Highpoint Electric Inc. 401(K) Plan | - | 90 | $2,035,929 | $481,423 | $5,349iApproximate average salary by contribution assumption: employee only about $133,729 at 4% or $89,152 at 6%; with 50% employer match about $89,152 at 4% or $59,435 at 6%; with 100% employer match about $66,864 at 4% or $44,576 at 6%. |
| Highpoint Electric Inc. Employee Stock Ownership Plan | - | 66 | $1,206,900 | $168,744 | $2,557iApproximate average salary by contribution assumption: employee only about $63,918 at 4% or $42,612 at 6%; with 50% employer match about $42,612 at 4% or $28,408 at 6%; with 100% employer match about $31,959 at 4% or $21,306 at 6%. |
| 2021 | 2 | 88 | $3,018,279 | $592,375 | $6,732iApproximate average salary by contribution assumption: employee only about $168,288 at 4% or $112,192 at 6%; with 50% employer match about $112,192 at 4% or $74,795 at 6%; with 100% employer match about $84,144 at 4% or $56,096 at 6%. |
| Highpoint Electric Inc. 401(K) Plan | - | 88 | $2,024,638 | $426,820 | $4,850iApproximate average salary by contribution assumption: employee only about $121,256 at 4% or $80,837 at 6%; with 50% employer match about $80,837 at 4% or $53,891 at 6%; with 100% employer match about $60,628 at 4% or $40,419 at 6%. |
| Highpoint Electric Inc. Employee Stock Ownership Plan | - | 57 | $993,641 | $165,555 | $2,904iApproximate average salary by contribution assumption: employee only about $72,612 at 4% or $48,408 at 6%; with 50% employer match about $48,408 at 4% or $32,272 at 6%; with 100% employer match about $36,306 at 4% or $24,204 at 6%. |
| 2020 | 1 | 60 | $1,533,777 | $353,601 | $5,893iApproximate average salary by contribution assumption: employee only about $147,334 at 4% or $98,223 at 6%; with 50% employer match about $98,223 at 4% or $65,482 at 6%; with 100% employer match about $73,667 at 4% or $49,111 at 6%. |
| Highpoint Electric Inc. 401(K) Plan | - | 60 | $1,533,777 | $353,601 | $5,893iApproximate average salary by contribution assumption: employee only about $147,334 at 4% or $98,223 at 6%; with 50% employer match about $98,223 at 4% or $65,482 at 6%; with 100% employer match about $73,667 at 4% or $49,111 at 6%. |
| 2019 | 1 | 70 | $1,119,475 | $219,567 | $3,137iApproximate average salary by contribution assumption: employee only about $78,417 at 4% or $52,278 at 6%; with 50% employer match about $52,278 at 4% or $34,852 at 6%; with 100% employer match about $39,208 at 4% or $26,139 at 6%. |
| Highpoint Electric Inc. 401(K) Plan | - | 70 | $1,119,475 | $219,567 | $3,137iApproximate average salary by contribution assumption: employee only about $78,417 at 4% or $52,278 at 6%; with 50% employer match about $52,278 at 4% or $34,852 at 6%; with 100% employer match about $39,208 at 4% or $26,139 at 6%. |
| 2018 | 1 | 53 | $757,239 | $256,825 | $4,846iApproximate average salary by contribution assumption: employee only about $121,144 at 4% or $80,763 at 6%; with 50% employer match about $80,763 at 4% or $53,842 at 6%; with 100% employer match about $60,572 at 4% or $40,381 at 6%. |
| Highpoint Electric Inc. 401(K) Plan | - | 53 | $757,239 | $256,825 | $4,846iApproximate average salary by contribution assumption: employee only about $121,144 at 4% or $80,763 at 6%; with 50% employer match about $80,763 at 4% or $53,842 at 6%; with 100% employer match about $60,572 at 4% or $40,381 at 6%. |
| 2017 | 1 | 39 | $582,136 | $241,608 | $6,195iApproximate average salary by contribution assumption: employee only about $154,877 at 4% or $103,251 at 6%; with 50% employer match about $103,251 at 4% or $68,834 at 6%; with 100% employer match about $77,438 at 4% or $51,626 at 6%. |
| Highpoint Electric Inc. 401(K) Plan | - | 39 | $582,136 | $241,608 | $6,195iApproximate average salary by contribution assumption: employee only about $154,877 at 4% or $103,251 at 6%; with 50% employer match about $103,251 at 4% or $68,834 at 6%; with 100% employer match about $77,438 at 4% or $51,626 at 6%. |
| 2016 | 1 | 31 | $322,503 | $154,276 | $4,977iApproximate average salary by contribution assumption: employee only about $124,416 at 4% or $82,944 at 6%; with 50% employer match about $82,944 at 4% or $55,296 at 6%; with 100% employer match about $62,208 at 4% or $41,472 at 6%. |
| Highpoint Electric Inc. 401(K) Plan | - | 31 | $322,503 | $154,276 | $4,977iApproximate average salary by contribution assumption: employee only about $124,416 at 4% or $82,944 at 6%; with 50% employer match about $82,944 at 4% or $55,296 at 6%; with 100% employer match about $62,208 at 4% or $41,472 at 6%. |
| 2015 | 1 | 26 | $172,359 | $58,937 | $2,267iApproximate average salary by contribution assumption: employee only about $56,670 at 4% or $37,780 at 6%; with 50% employer match about $37,780 at 4% or $25,187 at 6%; with 100% employer match about $28,335 at 4% or $18,890 at 6%. |
| Highpoint Electric Inc. 401(K) Plan | - | 26 | $172,359 | $58,937 | $2,267iApproximate average salary by contribution assumption: employee only about $56,670 at 4% or $37,780 at 6%; with 50% employer match about $37,780 at 4% or $25,187 at 6%; with 100% employer match about $28,335 at 4% or $18,890 at 6%. |
| 2014 | 1 | 22 | $134,500 | $45,971 | $2,090iApproximate average salary by contribution assumption: employee only about $52,240 at 4% or $34,827 at 6%; with 50% employer match about $34,827 at 4% or $23,218 at 6%; with 100% employer match about $26,120 at 4% or $17,413 at 6%. |
| Highpoint Electric Inc. 401(K) Plan | - | 22 | $134,500 | $45,971 | $2,090iApproximate average salary by contribution assumption: employee only about $52,240 at 4% or $34,827 at 6%; with 50% employer match about $34,827 at 4% or $23,218 at 6%; with 100% employer match about $26,120 at 4% or $17,413 at 6%. |
| 2013 | 1 | 20 | $95,712 | $38,744 | $1,937iApproximate average salary by contribution assumption: employee only about $48,430 at 4% or $32,287 at 6%; with 50% employer match about $32,287 at 4% or $21,524 at 6%; with 100% employer match about $24,215 at 4% or $16,143 at 6%. |
| Highpoint Electric Inc. 401(K) Plan | - | 20 | $95,712 | $38,744 | $1,937iApproximate average salary by contribution assumption: employee only about $48,430 at 4% or $32,287 at 6%; with 50% employer match about $32,287 at 4% or $21,524 at 6%; with 100% employer match about $24,215 at 4% or $16,143 at 6%. |
| 2012 | 1 | 18 | $42,711 | $25,322 | $1,407iApproximate average salary by contribution assumption: employee only about $35,169 at 4% or $23,446 at 6%; with 50% employer match about $23,446 at 4% or $15,631 at 6%; with 100% employer match about $17,585 at 4% or $11,723 at 6%. |
| Highpoint Electric Inc. 401(K) Plan | - | 18 | $42,711 | $25,322 | $1,407iApproximate average salary by contribution assumption: employee only about $35,169 at 4% or $23,446 at 6%; with 50% employer match about $23,446 at 4% or $15,631 at 6%; with 100% employer match about $17,585 at 4% or $11,723 at 6%. |
| 2011 | 1 | 14 | $15,150 | $15,633 | $1,117iApproximate average salary by contribution assumption: employee only about $27,916 at 4% or $18,611 at 6%; with 50% employer match about $18,611 at 4% or $12,407 at 6%; with 100% employer match about $13,958 at 4% or $9,305 at 6%. |
| Highpoint Electric Inc. 401(K) Plan | - | 14 | $15,150 | $15,633 | $1,117iApproximate average salary by contribution assumption: employee only about $27,916 at 4% or $18,611 at 6%; with 50% employer match about $18,611 at 4% or $12,407 at 6%; with 100% employer match about $13,958 at 4% or $9,305 at 6%. |