Civic Intelligence

Parson Associates Electrical Contra

Plan context: PARSON ASSOCIATES ELECTRICAL CONTRACTORS INC. CASH BALANCE PLAN

EIN 22-2454721 • Glassboro, NJ • 50 filings • 13 plans

324 E. High StreetGlassboro, NJ 08028
Current Snapshot

Latest Year

2023

2023 Participants

6

2023 Assets

$8,044,387

2023 Contributions

$54,849

Historical Graphs

Total Assets Over Time

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

$10,671,293$5,335,647$0200020122022YearValue
$8,044,387Latest year 2022

Participants Over Time

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

1160200020112022YearValue
6Latest year 2022

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
202320$0$54,849-
PARSON ASSOCIATES ELECTRICAL CONTRACTORS INC. CASH BALANCE PLAN-0$0$54,849-
Parson Associates Electrical Contractors Inc. 401-0$0$0-
202226$8,044,387$217,727$36,288iApproximate average salary by contribution assumption: employee only about $907,196 at 4% or $604,797 at 6%; with 50% employer match about $604,797 at 4% or $403,198 at 6%; with 100% employer match about $453,598 at 4% or $302,399 at 6%.
Parson Associates Electrical Contractors Inc. 401-6$6,052,387$97,727$16,288iApproximate average salary by contribution assumption: employee only about $407,196 at 4% or $271,464 at 6%; with 50% employer match about $271,464 at 4% or $180,976 at 6%; with 100% employer match about $203,598 at 4% or $135,732 at 6%.
PARSON ASSOCIATES ELECTRICAL CONTRACTORS INC. CASH BALANCE PLAN-6$1,992,000$120,000$20,000iApproximate average salary by contribution assumption: employee only about $500,000 at 4% or $333,333 at 6%; with 50% employer match about $333,333 at 4% or $222,222 at 6%; with 100% employer match about $250,000 at 4% or $166,667 at 6%.
202129$10,671,293$95,233$10,581iApproximate average salary by contribution assumption: employee only about $264,536 at 4% or $176,357 at 6%; with 50% employer match about $176,357 at 4% or $117,572 at 6%; with 100% employer match about $132,268 at 4% or $88,179 at 6%.
Parson Associates Electrical Contractors Inc. 401-9$8,443,159$95,233$10,581iApproximate average salary by contribution assumption: employee only about $264,536 at 4% or $176,357 at 6%; with 50% employer match about $176,357 at 4% or $117,572 at 6%; with 100% employer match about $132,268 at 4% or $88,179 at 6%.
PARSON ASSOCIATES ELECTRICAL CONTRACTORS INC. CASH BALANCE PLAN-6$2,228,134$0-
202029$9,374,818$192,575$21,397iApproximate average salary by contribution assumption: employee only about $534,931 at 4% or $356,620 at 6%; with 50% employer match about $356,620 at 4% or $237,747 at 6%; with 100% employer match about $267,465 at 4% or $178,310 at 6%.
Parson Associates Electrical Contractors Inc. 401-9$7,413,222$192,575$21,397iApproximate average salary by contribution assumption: employee only about $534,931 at 4% or $356,620 at 6%; with 50% employer match about $356,620 at 4% or $237,747 at 6%; with 100% employer match about $267,465 at 4% or $178,310 at 6%.
PARSON ASSOCIATES ELECTRICAL CONTRACTORS INC. CASH BALANCE PLAN-7$1,961,596$0-
201928$8,081,139$462,704$57,838iApproximate average salary by contribution assumption: employee only about $1,445,950 at 4% or $963,967 at 6%; with 50% employer match about $963,967 at 4% or $642,644 at 6%; with 100% employer match about $722,975 at 4% or $481,983 at 6%.
Parson Associates Electrical Contractors Inc. 401-8$6,378,940$170,417$21,302iApproximate average salary by contribution assumption: employee only about $532,553 at 4% or $355,035 at 6%; with 50% employer match about $355,035 at 4% or $236,690 at 6%; with 100% employer match about $266,277 at 4% or $177,518 at 6%.
PARSON ASSOCIATES ELECTRICAL CONTRACTORS INC. CASH BALANCE PLAN-7$1,702,199$292,287$41,755iApproximate average salary by contribution assumption: employee only about $1,043,882 at 4% or $695,921 at 6%; with 50% employer match about $695,921 at 4% or $463,948 at 6%; with 100% employer match about $521,941 at 4% or $347,961 at 6%.
201828$6,290,605$397,838$49,730iApproximate average salary by contribution assumption: employee only about $1,243,244 at 4% or $828,829 at 6%; with 50% employer match about $828,829 at 4% or $552,553 at 6%; with 100% employer match about $621,622 at 4% or $414,415 at 6%.
Parson Associates Electrical Contractors Inc. 401-8$5,141,554$165,941$20,743iApproximate average salary by contribution assumption: employee only about $518,566 at 4% or $345,710 at 6%; with 50% employer match about $345,710 at 4% or $230,474 at 6%; with 100% employer match about $259,283 at 4% or $172,855 at 6%.
PARSON ASSOCIATES ELECTRICAL CONTRACTORS INC. CASH BALANCE PLAN-0$1,149,051$231,897-
201728$6,502,446$359,993$44,999iApproximate average salary by contribution assumption: employee only about $1,124,978 at 4% or $749,985 at 6%; with 50% employer match about $749,985 at 4% or $499,990 at 6%; with 100% employer match about $562,489 at 4% or $374,993 at 6%.
Parson Associates Electrical Contractors Inc. 401-8$5,476,024$159,993$19,999iApproximate average salary by contribution assumption: employee only about $499,978 at 4% or $333,319 at 6%; with 50% employer match about $333,319 at 4% or $222,213 at 6%; with 100% employer match about $249,989 at 4% or $166,659 at 6%.
PARSON ASSOCIATES ELECTRICAL CONTRACTORS INC. CASH BALANCE PLAN-7$1,026,422$200,000$28,571iApproximate average salary by contribution assumption: employee only about $714,286 at 4% or $476,190 at 6%; with 50% employer match about $476,190 at 4% or $317,460 at 6%; with 100% employer match about $357,143 at 4% or $238,095 at 6%.
201628$5,810,305$533,253$66,657iApproximate average salary by contribution assumption: employee only about $1,666,416 at 4% or $1,110,944 at 6%; with 50% employer match about $1,110,944 at 4% or $740,629 at 6%; with 100% employer match about $833,208 at 4% or $555,472 at 6%.
Parson Associates Electrical Contractors Inc. 401-8$5,093,595$183,253$22,907iApproximate average salary by contribution assumption: employee only about $572,666 at 4% or $381,777 at 6%; with 50% employer match about $381,777 at 4% or $254,518 at 6%; with 100% employer match about $286,333 at 4% or $190,889 at 6%.
PARSON ASSOCIATES ELECTRICAL CONTRACTORS INC. CASH BALANCE PLAN-8$716,710$350,000$43,750iApproximate average salary by contribution assumption: employee only about $1,093,750 at 4% or $729,167 at 6%; with 50% employer match about $729,167 at 4% or $486,111 at 6%; with 100% employer match about $546,875 at 4% or $364,583 at 6%.
2015311$5,212,688$364,896$33,172iApproximate average salary by contribution assumption: employee only about $829,309 at 4% or $552,873 at 6%; with 50% employer match about $552,873 at 4% or $368,582 at 6%; with 100% employer match about $414,655 at 4% or $276,436 at 6%.
Parson Associates Electrical Contractors Inc. 401-11$4,878,303$188,374$17,125iApproximate average salary by contribution assumption: employee only about $428,123 at 4% or $285,415 at 6%; with 50% employer match about $285,415 at 4% or $190,277 at 6%; with 100% employer match about $214,061 at 4% or $142,708 at 6%.
PARSON ASSOCIATES ELECTRICAL CONTRACTORS INC. CASH BALANCE PLAN-8$334,385$176,522$22,065iApproximate average salary by contribution assumption: employee only about $551,631 at 4% or $367,754 at 6%; with 50% employer match about $367,754 at 4% or $245,169 at 6%; with 100% employer match about $275,816 at 4% or $183,877 at 6%.
Parson Associates Electricalcontractors Inc. Money Purchase Plan-0$0$0-
201439$5,179,255$427,217$47,469iApproximate average salary by contribution assumption: employee only about $1,186,714 at 4% or $791,143 at 6%; with 50% employer match about $791,143 at 4% or $527,428 at 6%; with 100% employer match about $593,357 at 4% or $395,571 at 6%.
Parson Associates Electricalcontractors Inc. Money Purchase Plan-9$2,665,331$171,960$19,107iApproximate average salary by contribution assumption: employee only about $477,667 at 4% or $318,444 at 6%; with 50% employer match about $318,444 at 4% or $212,296 at 6%; with 100% employer match about $238,833 at 4% or $159,222 at 6%.
Parson Associates Electrical Contractors Inc. 401-9$2,341,416$82,749$9,194iApproximate average salary by contribution assumption: employee only about $229,858 at 4% or $153,239 at 6%; with 50% employer match about $153,239 at 4% or $102,159 at 6%; with 100% employer match about $114,929 at 4% or $76,619 at 6%.
PARSON ASSOCIATES ELECTRICAL CONTRACTORS INC. CASH BALANCE PLAN-6$172,508$172,508$28,751iApproximate average salary by contribution assumption: employee only about $718,783 at 4% or $479,189 at 6%; with 50% employer match about $479,189 at 4% or $319,459 at 6%; with 100% employer match about $359,392 at 4% or $239,594 at 6%.
2013210$4,752,614$263,011$26,301iApproximate average salary by contribution assumption: employee only about $657,528 at 4% or $438,352 at 6%; with 50% employer match about $438,352 at 4% or $292,234 at 6%; with 100% employer match about $328,764 at 4% or $219,176 at 6%.
Parson Associates Electricalcontractors Inc. Money Purchase Plan-10$2,556,585$177,183$17,718iApproximate average salary by contribution assumption: employee only about $442,958 at 4% or $295,305 at 6%; with 50% employer match about $295,305 at 4% or $196,870 at 6%; with 100% employer match about $221,479 at 4% or $147,653 at 6%.
Parson Associates Electrical Contractors Inc. 401-10$2,196,029$85,828$8,583iApproximate average salary by contribution assumption: employee only about $214,570 at 4% or $143,047 at 6%; with 50% employer match about $143,047 at 4% or $95,364 at 6%; with 100% employer match about $107,285 at 4% or $71,523 at 6%.
2012211$4,004,484$258,126$23,466iApproximate average salary by contribution assumption: employee only about $586,650 at 4% or $391,100 at 6%; with 50% employer match about $391,100 at 4% or $260,733 at 6%; with 100% employer match about $293,325 at 4% or $195,550 at 6%.
Parson Associates Electricalcontractors Inc. Money Purchase Plan-11$2,156,455$159,063$14,460iApproximate average salary by contribution assumption: employee only about $361,507 at 4% or $241,005 at 6%; with 50% employer match about $241,005 at 4% or $160,670 at 6%; with 100% employer match about $180,753 at 4% or $120,502 at 6%.
Parson Associates Electrical Contractors Inc. 401-11$1,848,029$99,063$9,006iApproximate average salary by contribution assumption: employee only about $225,143 at 4% or $150,095 at 6%; with 50% employer match about $150,095 at 4% or $100,064 at 6%; with 100% employer match about $112,572 at 4% or $75,048 at 6%.
2011210$4,499,270$247,750$24,775iApproximate average salary by contribution assumption: employee only about $619,375 at 4% or $412,917 at 6%; with 50% employer match about $412,917 at 4% or $275,278 at 6%; with 100% employer match about $309,688 at 4% or $206,458 at 6%.
Parson Associates Electricalcontractors Inc. Money Purchase Plan-10$2,438,951$153,875$15,388iApproximate average salary by contribution assumption: employee only about $384,688 at 4% or $256,458 at 6%; with 50% employer match about $256,458 at 4% or $170,972 at 6%; with 100% employer match about $192,344 at 4% or $128,229 at 6%.
Parson Associates Electrical Contractors Inc. 401-10$2,060,319$93,875$9,388iApproximate average salary by contribution assumption: employee only about $234,688 at 4% or $156,458 at 6%; with 50% employer match about $156,458 at 4% or $104,306 at 6%; with 100% employer match about $117,344 at 4% or $78,229 at 6%.
2010210$4,437,503$237,206$23,721iApproximate average salary by contribution assumption: employee only about $593,015 at 4% or $395,343 at 6%; with 50% employer match about $395,343 at 4% or $263,562 at 6%; with 100% employer match about $296,508 at 4% or $197,672 at 6%.
Parson Associates Electricalcontractors Inc. Money Purchase Plan-10$2,414,282$149,905$14,991iApproximate average salary by contribution assumption: employee only about $374,763 at 4% or $249,842 at 6%; with 50% employer match about $249,842 at 4% or $166,561 at 6%; with 100% employer match about $187,381 at 4% or $124,921 at 6%.
Parson Associates Electrical Contractors Inc. 401-10$2,023,221$87,301$8,730iApproximate average salary by contribution assumption: employee only about $218,253 at 4% or $145,502 at 6%; with 50% employer match about $145,502 at 4% or $97,001 at 6%; with 100% employer match about $109,126 at 4% or $72,751 at 6%.
2009210$3,767,305$295,617$29,562iApproximate average salary by contribution assumption: employee only about $739,043 at 4% or $492,695 at 6%; with 50% employer match about $492,695 at 4% or $328,463 at 6%; with 100% employer match about $369,521 at 4% or $246,348 at 6%.
Parson Associates Electricalcontractors Inc. Money Purchase Plan-10$2,057,429$197,946$19,795iApproximate average salary by contribution assumption: employee only about $494,865 at 4% or $329,910 at 6%; with 50% employer match about $329,910 at 4% or $219,940 at 6%; with 100% employer match about $247,432 at 4% or $164,955 at 6%.
Parson Associates Electrical Contractors Inc. 401-10$1,709,876$97,671$9,767iApproximate average salary by contribution assumption: employee only about $244,178 at 4% or $162,785 at 6%; with 50% employer match about $162,785 at 4% or $108,523 at 6%; with 100% employer match about $122,089 at 4% or $81,393 at 6%.
200828$3,051,685$191,740$23,968iApproximate average salary by contribution assumption: employee only about $599,188 at 4% or $399,458 at 6%; with 50% employer match about $399,458 at 4% or $266,306 at 6%; with 100% employer match about $299,594 at 4% or $199,729 at 6%.
Parson Associates Electricalcontractors Inc. Money Purchase Plan-8$1,675,046$95,870$11,984iApproximate average salary by contribution assumption: employee only about $299,594 at 4% or $199,729 at 6%; with 50% employer match about $199,729 at 4% or $133,153 at 6%; with 100% employer match about $149,797 at 4% or $99,865 at 6%.
Parson Associates Electrical Contractors Inc. 401-8$1,376,639$95,870$11,984iApproximate average salary by contribution assumption: employee only about $299,594 at 4% or $199,729 at 6%; with 50% employer match about $199,729 at 4% or $133,153 at 6%; with 100% employer match about $149,797 at 4% or $99,865 at 6%.
200728$0$0-
Parson Associates Electricalcontractors Inc. Money Purchase Plan-8---
Parson Associates Electrical Contractors Inc. 401-8---
2006210$3,319,219$175,264$17,526iApproximate average salary by contribution assumption: employee only about $438,160 at 4% or $292,107 at 6%; with 50% employer match about $292,107 at 4% or $194,738 at 6%; with 100% employer match about $219,080 at 4% or $146,053 at 6%.
Parson Associates Electricalcontractors Inc. Money Purchase Plan-10$1,841,635$87,632$8,763iApproximate average salary by contribution assumption: employee only about $219,080 at 4% or $146,053 at 6%; with 50% employer match about $146,053 at 4% or $97,369 at 6%; with 100% employer match about $109,540 at 4% or $73,027 at 6%.
Parson Associates Electrical Contractors Inc. 401-10$1,477,584$87,632$8,763iApproximate average salary by contribution assumption: employee only about $219,080 at 4% or $146,053 at 6%; with 50% employer match about $146,053 at 4% or $97,369 at 6%; with 100% employer match about $109,540 at 4% or $73,027 at 6%.
200529$2,782,467$150,144$16,683iApproximate average salary by contribution assumption: employee only about $417,067 at 4% or $278,044 at 6%; with 50% employer match about $278,044 at 4% or $185,363 at 6%; with 100% employer match about $208,533 at 4% or $139,022 at 6%.
Parson Associates Electricalcontractors Inc. Money Purchase Plan-9$1,553,546$75,072$8,341iApproximate average salary by contribution assumption: employee only about $208,533 at 4% or $139,022 at 6%; with 50% employer match about $139,022 at 4% or $92,681 at 6%; with 100% employer match about $104,267 at 4% or $69,511 at 6%.
Parson Associates Electrical Contractors Inc. 401-9$1,228,921$75,072$8,341iApproximate average salary by contribution assumption: employee only about $208,533 at 4% or $139,022 at 6%; with 50% employer match about $139,022 at 4% or $92,681 at 6%; with 100% employer match about $104,267 at 4% or $69,511 at 6%.
200428$2,424,283$141,850$17,731iApproximate average salary by contribution assumption: employee only about $443,281 at 4% or $295,521 at 6%; with 50% employer match about $295,521 at 4% or $197,014 at 6%; with 100% employer match about $221,641 at 4% or $147,760 at 6%.
Parson Associates Electricalcontractors Inc. Money Purchase Plan-8$1,362,138$73,224$9,153iApproximate average salary by contribution assumption: employee only about $228,825 at 4% or $152,550 at 6%; with 50% employer match about $152,550 at 4% or $101,700 at 6%; with 100% employer match about $114,413 at 4% or $76,275 at 6%.
Parson Associates Electrical Contractors Inc. 401-8$1,062,145$68,626$8,578iApproximate average salary by contribution assumption: employee only about $214,456 at 4% or $142,971 at 6%; with 50% employer match about $142,971 at 4% or $95,314 at 6%; with 100% employer match about $107,228 at 4% or $71,485 at 6%.
200329$2,179,422$142,362$15,818iApproximate average salary by contribution assumption: employee only about $395,450 at 4% or $263,633 at 6%; with 50% employer match about $263,633 at 4% or $175,756 at 6%; with 100% employer match about $197,725 at 4% or $131,817 at 6%.
Parson Associates Electricalcontractors Inc. Money Purchase Plan-9$1,233,098$71,181$7,909iApproximate average salary by contribution assumption: employee only about $197,725 at 4% or $131,817 at 6%; with 50% employer match about $131,817 at 4% or $87,878 at 6%; with 100% employer match about $98,863 at 4% or $65,908 at 6%.
Parson Associates Electrical Contractors Inc. 401-9$946,324$71,181$7,909iApproximate average salary by contribution assumption: employee only about $197,725 at 4% or $131,817 at 6%; with 50% employer match about $131,817 at 4% or $87,878 at 6%; with 100% employer match about $98,863 at 4% or $65,908 at 6%.
2002210$1,824,185$145,652$14,565iApproximate average salary by contribution assumption: employee only about $364,130 at 4% or $242,753 at 6%; with 50% employer match about $242,753 at 4% or $161,836 at 6%; with 100% employer match about $182,065 at 4% or $121,377 at 6%.
Parson Associates Electricalcontractors Inc. Money Purchase Plan-10$1,040,669$72,826$7,283iApproximate average salary by contribution assumption: employee only about $182,065 at 4% or $121,377 at 6%; with 50% employer match about $121,377 at 4% or $80,918 at 6%; with 100% employer match about $91,033 at 4% or $60,688 at 6%.
Parson Associates Electrical Contractors Inc. 401-10$783,516$72,826$7,283iApproximate average salary by contribution assumption: employee only about $182,065 at 4% or $121,377 at 6%; with 50% employer match about $121,377 at 4% or $80,918 at 6%; with 100% employer match about $91,033 at 4% or $60,688 at 6%.
200129$0$0-
Parson Associates Electrical Contractors Inc. 401-9---
Parson Associates Electricalcontractors Inc. Money Purchase Plan-9---
200028$2,208,227$89,476$11,185iApproximate average salary by contribution assumption: employee only about $279,613 at 4% or $186,408 at 6%; with 50% employer match about $186,408 at 4% or $124,272 at 6%; with 100% employer match about $139,806 at 4% or $93,204 at 6%.
Parson Associates Electricalcontractors Inc. Money Purchase Plan-8$1,276,743$50,703$6,338iApproximate average salary by contribution assumption: employee only about $158,447 at 4% or $105,631 at 6%; with 50% employer match about $105,631 at 4% or $70,421 at 6%; with 100% employer match about $79,223 at 4% or $52,816 at 6%.
Parson Associates Electrical Contractors Inc. 401-8$931,484$38,773$4,847iApproximate average salary by contribution assumption: employee only about $121,166 at 4% or $80,777 at 6%; with 50% employer match about $80,777 at 4% or $53,851 at 6%; with 100% employer match about $60,583 at 4% or $40,389 at 6%.