Civic Intelligence

ECONOMIC CONCEPTS

Plan context: Economic Concepts 401K Plan

EIN 22-2292219 • Annandale, NJ • 22 filings • 2 plans

67 Beaver Ave.Annandale, NJ 08801
Current Snapshot

Latest Year

2024

2024 Participants

5

2024 Assets

$6,562,095

2024 Contributions

$349,960

Historical Graphs

Total Assets Over Time

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

$6,562,095$3,281,048$0201020172024YearValue
$6,562,095Latest year 2024

Participants Over Time

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

630201020172024YearValue
5Latest 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
202425$6,562,095$349,960$69,992iApproximate average salary by contribution assumption: employee only about $1,749,800 at 4% or $1,166,533 at 6%; with 50% employer match about $1,166,533 at 4% or $777,689 at 6%; with 100% employer match about $874,900 at 4% or $583,267 at 6%.
Economic Concepts 401K Plan-5$4,336,628$108,759$21,752iApproximate average salary by contribution assumption: employee only about $543,795 at 4% or $362,530 at 6%; with 50% employer match about $362,530 at 4% or $241,687 at 6%; with 100% employer match about $271,898 at 4% or $181,265 at 6%.
ECONOMIC CONCEPTS CASH BALANCE PLAN-5$2,225,467$241,201$48,240iApproximate average salary by contribution assumption: employee only about $1,206,005 at 4% or $804,003 at 6%; with 50% employer match about $804,003 at 4% or $536,002 at 6%; with 100% employer match about $603,003 at 4% or $402,002 at 6%.
202326$5,757,191$383,529$63,922iApproximate average salary by contribution assumption: employee only about $1,598,038 at 4% or $1,065,358 at 6%; with 50% employer match about $1,065,358 at 4% or $710,239 at 6%; with 100% employer match about $799,019 at 4% or $532,679 at 6%.
Economic Concepts 401K Plan-6$4,063,254$143,529$23,922iApproximate average salary by contribution assumption: employee only about $598,038 at 4% or $398,692 at 6%; with 50% employer match about $398,692 at 4% or $265,794 at 6%; with 100% employer match about $299,019 at 4% or $199,346 at 6%.
ECONOMIC CONCEPTS CASH BALANCE PLAN-6$1,693,937$240,000$40,000iApproximate average salary by contribution assumption: employee only about $1,000,000 at 4% or $666,667 at 6%; with 50% employer match about $666,667 at 4% or $444,444 at 6%; with 100% employer match about $500,000 at 4% or $333,333 at 6%.
202226$4,455,827$372,993$62,166iApproximate average salary by contribution assumption: employee only about $1,554,138 at 4% or $1,036,092 at 6%; with 50% employer match about $1,036,092 at 4% or $690,728 at 6%; with 100% employer match about $777,069 at 4% or $518,046 at 6%.
Economic Concepts 401K Plan-6$3,307,551$132,993$22,166iApproximate average salary by contribution assumption: employee only about $554,138 at 4% or $369,425 at 6%; with 50% employer match about $369,425 at 4% or $246,283 at 6%; with 100% employer match about $277,069 at 4% or $184,713 at 6%.
ECONOMIC CONCEPTS CASH BALANCE PLAN-5$1,148,276$240,000$48,000iApproximate average salary by contribution assumption: employee only about $1,200,000 at 4% or $800,000 at 6%; with 50% employer match about $800,000 at 4% or $533,333 at 6%; with 100% employer match about $600,000 at 4% or $400,000 at 6%.
202126$5,155,267$375,765$62,628iApproximate average salary by contribution assumption: employee only about $1,565,688 at 4% or $1,043,792 at 6%; with 50% employer match about $1,043,792 at 4% or $695,861 at 6%; with 100% employer match about $782,844 at 4% or $521,896 at 6%.
Economic Concepts 401K Plan-6$3,980,464$135,765$22,628iApproximate average salary by contribution assumption: employee only about $565,688 at 4% or $377,125 at 6%; with 50% employer match about $377,125 at 4% or $251,417 at 6%; with 100% employer match about $282,844 at 4% or $188,563 at 6%.
ECONOMIC CONCEPTS CASH BALANCE PLAN-5$1,174,803$240,000$48,000iApproximate average salary by contribution assumption: employee only about $1,200,000 at 4% or $800,000 at 6%; with 50% employer match about $800,000 at 4% or $533,333 at 6%; with 100% employer match about $600,000 at 4% or $400,000 at 6%.
202026$4,264,760$348,325$58,054iApproximate average salary by contribution assumption: employee only about $1,451,354 at 4% or $967,569 at 6%; with 50% employer match about $967,569 at 4% or $645,046 at 6%; with 100% employer match about $725,677 at 4% or $483,785 at 6%.
Economic Concepts 401K Plan-6$3,425,661$123,325$20,554iApproximate average salary by contribution assumption: employee only about $513,854 at 4% or $342,569 at 6%; with 50% employer match about $342,569 at 4% or $228,380 at 6%; with 100% employer match about $256,927 at 4% or $171,285 at 6%.
ECONOMIC CONCEPTS CASH BALANCE PLAN-5$839,099$225,000$45,000iApproximate average salary by contribution assumption: employee only about $1,125,000 at 4% or $750,000 at 6%; with 50% employer match about $750,000 at 4% or $500,000 at 6%; with 100% employer match about $562,500 at 4% or $375,000 at 6%.
201926$3,192,082$375,451$62,575iApproximate average salary by contribution assumption: employee only about $1,564,379 at 4% or $1,042,919 at 6%; with 50% employer match about $1,042,919 at 4% or $695,280 at 6%; with 100% employer match about $782,190 at 4% or $521,460 at 6%.
Economic Concepts 401K Plan-6$2,731,957$133,451$22,242iApproximate average salary by contribution assumption: employee only about $556,046 at 4% or $370,697 at 6%; with 50% employer match about $370,697 at 4% or $247,131 at 6%; with 100% employer match about $278,023 at 4% or $185,349 at 6%.
ECONOMIC CONCEPTS CASH BALANCE PLAN-5$460,125$242,000$48,400iApproximate average salary by contribution assumption: employee only about $1,210,000 at 4% or $806,667 at 6%; with 50% employer match about $806,667 at 4% or $537,778 at 6%; with 100% employer match about $605,000 at 4% or $403,333 at 6%.
201826$2,227,000$291,421$48,570iApproximate average salary by contribution assumption: employee only about $1,214,254 at 4% or $809,503 at 6%; with 50% employer match about $809,503 at 4% or $539,669 at 6%; with 100% employer match about $607,127 at 4% or $404,751 at 6%.
Economic Concepts 401K Plan-6$2,049,555$112,859$18,810iApproximate average salary by contribution assumption: employee only about $470,246 at 4% or $313,497 at 6%; with 50% employer match about $313,497 at 4% or $208,998 at 6%; with 100% employer match about $235,123 at 4% or $156,749 at 6%.
ECONOMIC CONCEPTS CASH BALANCE PLAN-5$177,445$178,562$35,712iApproximate average salary by contribution assumption: employee only about $892,810 at 4% or $595,207 at 6%; with 50% employer match about $595,207 at 4% or $396,804 at 6%; with 100% employer match about $446,405 at 4% or $297,603 at 6%.
201716$2,103,956$98,364$16,394iApproximate average salary by contribution assumption: employee only about $409,850 at 4% or $273,233 at 6%; with 50% employer match about $273,233 at 4% or $182,156 at 6%; with 100% employer match about $204,925 at 4% or $136,617 at 6%.
Economic Concepts 401K Plan-6$2,103,956$98,364$16,394iApproximate average salary by contribution assumption: employee only about $409,850 at 4% or $273,233 at 6%; with 50% employer match about $273,233 at 4% or $182,156 at 6%; with 100% employer match about $204,925 at 4% or $136,617 at 6%.
201616$1,684,374$95,062$15,844iApproximate average salary by contribution assumption: employee only about $396,092 at 4% or $264,061 at 6%; with 50% employer match about $264,061 at 4% or $176,041 at 6%; with 100% employer match about $198,046 at 4% or $132,031 at 6%.
Economic Concepts 401K Plan-6$1,684,374$95,062$15,844iApproximate average salary by contribution assumption: employee only about $396,092 at 4% or $264,061 at 6%; with 50% employer match about $264,061 at 4% or $176,041 at 6%; with 100% employer match about $198,046 at 4% or $132,031 at 6%.
201516$1,481,134$93,026$15,504iApproximate average salary by contribution assumption: employee only about $387,608 at 4% or $258,406 at 6%; with 50% employer match about $258,406 at 4% or $172,270 at 6%; with 100% employer match about $193,804 at 4% or $129,203 at 6%.
Economic Concepts 401K Plan-6$1,481,134$93,026$15,504iApproximate average salary by contribution assumption: employee only about $387,608 at 4% or $258,406 at 6%; with 50% employer match about $258,406 at 4% or $172,270 at 6%; with 100% employer match about $193,804 at 4% or $129,203 at 6%.
201416$1,385,819$82,541$13,757iApproximate average salary by contribution assumption: employee only about $343,921 at 4% or $229,281 at 6%; with 50% employer match about $229,281 at 4% or $152,854 at 6%; with 100% employer match about $171,960 at 4% or $114,640 at 6%.
Economic Concepts 401K Plan-6$1,385,819$82,541$13,757iApproximate average salary by contribution assumption: employee only about $343,921 at 4% or $229,281 at 6%; with 50% employer match about $229,281 at 4% or $152,854 at 6%; with 100% employer match about $171,960 at 4% or $114,640 at 6%.
201316$1,240,470$79,649$13,275iApproximate average salary by contribution assumption: employee only about $331,871 at 4% or $221,247 at 6%; with 50% employer match about $221,247 at 4% or $147,498 at 6%; with 100% employer match about $165,935 at 4% or $110,624 at 6%.
Economic Concepts 401K Plan-6$1,240,470$79,649$13,275iApproximate average salary by contribution assumption: employee only about $331,871 at 4% or $221,247 at 6%; with 50% employer match about $221,247 at 4% or $147,498 at 6%; with 100% employer match about $165,935 at 4% or $110,624 at 6%.
201216$995,357$68,152$11,359iApproximate average salary by contribution assumption: employee only about $283,967 at 4% or $189,311 at 6%; with 50% employer match about $189,311 at 4% or $126,207 at 6%; with 100% employer match about $141,983 at 4% or $94,656 at 6%.
Economic Concepts 401K Plan-6$995,357$68,152$11,359iApproximate average salary by contribution assumption: employee only about $283,967 at 4% or $189,311 at 6%; with 50% employer match about $189,311 at 4% or $126,207 at 6%; with 100% employer match about $141,983 at 4% or $94,656 at 6%.
201116$793,729$88,433$14,739iApproximate average salary by contribution assumption: employee only about $368,471 at 4% or $245,647 at 6%; with 50% employer match about $245,647 at 4% or $163,765 at 6%; with 100% employer match about $184,235 at 4% or $122,824 at 6%.
Economic Concepts 401K Plan-6$793,729$88,433$14,739iApproximate average salary by contribution assumption: employee only about $368,471 at 4% or $245,647 at 6%; with 50% employer match about $245,647 at 4% or $163,765 at 6%; with 100% employer match about $184,235 at 4% or $122,824 at 6%.
201016$736,078$641,542$106,924iApproximate average salary by contribution assumption: employee only about $2,673,092 at 4% or $1,782,061 at 6%; with 50% employer match about $1,782,061 at 4% or $1,188,041 at 6%; with 100% employer match about $1,336,546 at 4% or $891,031 at 6%.
Economic Concepts 401K Plan-6$736,078$641,542$106,924iApproximate average salary by contribution assumption: employee only about $2,673,092 at 4% or $1,782,061 at 6%; with 50% employer match about $1,782,061 at 4% or $1,188,041 at 6%; with 100% employer match about $1,336,546 at 4% or $891,031 at 6%.