Civic Intelligence

Chessey Industries Inc.

Plan context: Chessey Industries Cash Balance Plan

EIN 22-2580893 • Hackettstown, NJ • 13 filings • 2 plans

139 US Highway 46Hackettstown, NJ 07840
Current Snapshot

Latest Year

2024

2024 Participants

5

2024 Assets

$7,228,240

2024 Contributions

$1,482,440

Historical Graphs

Total Assets Over Time

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

$7,228,240$3,614,120$0201320192024YearValue
$7,228,240Latest year 2024

Participants Over Time

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

530201320192024YearValue
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$7,228,240$1,482,440$296,488iApproximate average salary by contribution assumption: employee only about $7,412,200 at 4% or $4,941,467 at 6%; with 50% employer match about $4,941,467 at 4% or $3,294,311 at 6%; with 100% employer match about $3,706,100 at 4% or $2,470,733 at 6%.
Chessey Industries Cash Balance Plan-5$7,067,800$1,322,000$264,400iApproximate average salary by contribution assumption: employee only about $6,610,000 at 4% or $4,406,667 at 6%; with 50% employer match about $4,406,667 at 4% or $2,937,778 at 6%; with 100% employer match about $3,305,000 at 4% or $2,203,333 at 6%.
Chessey Industries 401(K) Plan-4$160,440$160,440$40,110iApproximate average salary by contribution assumption: employee only about $1,002,750 at 4% or $668,500 at 6%; with 50% employer match about $668,500 at 4% or $445,667 at 6%; with 100% employer match about $501,375 at 4% or $334,250 at 6%.
202315$5,143,669$663,917$132,783iApproximate average salary by contribution assumption: employee only about $3,319,585 at 4% or $2,213,057 at 6%; with 50% employer match about $2,213,057 at 4% or $1,475,371 at 6%; with 100% employer match about $1,659,793 at 4% or $1,106,528 at 6%.
Chessey Industries Cash Balance Plan-5$5,143,669$663,917$132,783iApproximate average salary by contribution assumption: employee only about $3,319,585 at 4% or $2,213,057 at 6%; with 50% employer match about $2,213,057 at 4% or $1,475,371 at 6%; with 100% employer match about $1,659,793 at 4% or $1,106,528 at 6%.
202215$3,875,597$1,054,151$210,830iApproximate average salary by contribution assumption: employee only about $5,270,755 at 4% or $3,513,837 at 6%; with 50% employer match about $3,513,837 at 4% or $2,342,558 at 6%; with 100% employer match about $2,635,378 at 4% or $1,756,918 at 6%.
Chessey Industries Cash Balance Plan-5$3,875,597$1,054,151$210,830iApproximate average salary by contribution assumption: employee only about $5,270,755 at 4% or $3,513,837 at 6%; with 50% employer match about $3,513,837 at 4% or $2,342,558 at 6%; with 100% employer match about $2,635,378 at 4% or $1,756,918 at 6%.
202115$3,219,152$300,000$60,000iApproximate average salary by contribution assumption: employee only about $1,500,000 at 4% or $1,000,000 at 6%; with 50% employer match about $1,000,000 at 4% or $666,667 at 6%; with 100% employer match about $750,000 at 4% or $500,000 at 6%.
Chessey Industries Cash Balance Plan-5$3,219,152$300,000$60,000iApproximate average salary by contribution assumption: employee only about $1,500,000 at 4% or $1,000,000 at 6%; with 50% employer match about $1,000,000 at 4% or $666,667 at 6%; with 100% employer match about $750,000 at 4% or $500,000 at 6%.
202015$2,447,134$269,300$53,860iApproximate average salary by contribution assumption: employee only about $1,346,500 at 4% or $897,667 at 6%; with 50% employer match about $897,667 at 4% or $598,444 at 6%; with 100% employer match about $673,250 at 4% or $448,833 at 6%.
Chessey Industries Cash Balance Plan-5$2,447,134$269,300$53,860iApproximate average salary by contribution assumption: employee only about $1,346,500 at 4% or $897,667 at 6%; with 50% employer match about $897,667 at 4% or $598,444 at 6%; with 100% employer match about $673,250 at 4% or $448,833 at 6%.
201915$1,948,523$269,300$53,860iApproximate average salary by contribution assumption: employee only about $1,346,500 at 4% or $897,667 at 6%; with 50% employer match about $897,667 at 4% or $598,444 at 6%; with 100% employer match about $673,250 at 4% or $448,833 at 6%.
Chessey Industries Cash Balance Plan-5$1,948,523$269,300$53,860iApproximate average salary by contribution assumption: employee only about $1,346,500 at 4% or $897,667 at 6%; with 50% employer match about $897,667 at 4% or $598,444 at 6%; with 100% employer match about $673,250 at 4% or $448,833 at 6%.
201815$1,374,340$214,300$42,860iApproximate average salary by contribution assumption: employee only about $1,071,500 at 4% or $714,333 at 6%; with 50% employer match about $714,333 at 4% or $476,222 at 6%; with 100% employer match about $535,750 at 4% or $357,167 at 6%.
Chessey Industries Cash Balance Plan-5$1,374,340$214,300$42,860iApproximate average salary by contribution assumption: employee only about $1,071,500 at 4% or $714,333 at 6%; with 50% employer match about $714,333 at 4% or $476,222 at 6%; with 100% employer match about $535,750 at 4% or $357,167 at 6%.
201715$1,249,585$214,300$42,860iApproximate average salary by contribution assumption: employee only about $1,071,500 at 4% or $714,333 at 6%; with 50% employer match about $714,333 at 4% or $476,222 at 6%; with 100% employer match about $535,750 at 4% or $357,167 at 6%.
Chessey Industries Cash Balance Plan-5$1,249,585$214,300$42,860iApproximate average salary by contribution assumption: employee only about $1,071,500 at 4% or $714,333 at 6%; with 50% employer match about $714,333 at 4% or $476,222 at 6%; with 100% employer match about $535,750 at 4% or $357,167 at 6%.
201615$897,515$214,300$42,860iApproximate average salary by contribution assumption: employee only about $1,071,500 at 4% or $714,333 at 6%; with 50% employer match about $714,333 at 4% or $476,222 at 6%; with 100% employer match about $535,750 at 4% or $357,167 at 6%.
Chessey Industries Cash Balance Plan-5$897,515$214,300$42,860iApproximate average salary by contribution assumption: employee only about $1,071,500 at 4% or $714,333 at 6%; with 50% employer match about $714,333 at 4% or $476,222 at 6%; with 100% employer match about $535,750 at 4% or $357,167 at 6%.
201515$619,960$284,000$56,800iApproximate average salary by contribution assumption: employee only about $1,420,000 at 4% or $946,667 at 6%; with 50% employer match about $946,667 at 4% or $631,111 at 6%; with 100% employer match about $710,000 at 4% or $473,333 at 6%.
Chessey Industries Cash Balance Plan-5$619,960$284,000$56,800iApproximate average salary by contribution assumption: employee only about $1,420,000 at 4% or $946,667 at 6%; with 50% employer match about $946,667 at 4% or $631,111 at 6%; with 100% employer match about $710,000 at 4% or $473,333 at 6%.
201415$345,607$169,000$33,800iApproximate average salary by contribution assumption: employee only about $845,000 at 4% or $563,333 at 6%; with 50% employer match about $563,333 at 4% or $375,556 at 6%; with 100% employer match about $422,500 at 4% or $281,667 at 6%.
Chessey Industries Cash Balance Plan-5$345,607$169,000$33,800iApproximate average salary by contribution assumption: employee only about $845,000 at 4% or $563,333 at 6%; with 50% employer match about $563,333 at 4% or $375,556 at 6%; with 100% employer match about $422,500 at 4% or $281,667 at 6%.
201312$178,417$178,000$89,000iApproximate average salary by contribution assumption: employee only about $2,225,000 at 4% or $1,483,333 at 6%; with 50% employer match about $1,483,333 at 4% or $988,889 at 6%; with 100% employer match about $1,112,500 at 4% or $741,667 at 6%.
Chessey Industries Cash Balance Plan-2$178,417$178,000$89,000iApproximate average salary by contribution assumption: employee only about $2,225,000 at 4% or $1,483,333 at 6%; with 50% employer match about $1,483,333 at 4% or $988,889 at 6%; with 100% employer match about $1,112,500 at 4% or $741,667 at 6%.