Civic Intelligence

STATE-WIDE ELECTRIC CONTRACTING CO., INC.

Plan context: State-Wide Electric Co. Inc. Cash Balance Plan

EIN 22-3027441 • Manasquan, NJ • 28 filings • 6 plans

81 Broad StreetManasquan, NJ 08736
Current Snapshot

Latest Year

2024

2024 Participants

5

2024 Assets

$964,138

2024 Contributions

$61,228

Historical Graphs

Total Assets Over Time

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

$964,138$482,069$0200120112024YearValue
$964,138Latest year 2024

Participants Over Time

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

1050200120102024YearValue
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$964,138$61,228$12,246iApproximate average salary by contribution assumption: employee only about $306,140 at 4% or $204,093 at 6%; with 50% employer match about $204,093 at 4% or $136,062 at 6%; with 100% employer match about $153,070 at 4% or $102,047 at 6%.
State-Wide Electric Co. Inc. Cash Balance Plan-4$710,499$47,327$11,832iApproximate average salary by contribution assumption: employee only about $295,794 at 4% or $197,196 at 6%; with 50% employer match about $197,196 at 4% or $131,464 at 6%; with 100% employer match about $147,897 at 4% or $98,598 at 6%.
STATE-WIDE ELECTRIC CO., INC. 401(K) PROFIT SHARING PLAN-5$253,639$13,901$2,780iApproximate average salary by contribution assumption: employee only about $69,505 at 4% or $46,337 at 6%; with 50% employer match about $46,337 at 4% or $30,891 at 6%; with 100% employer match about $34,753 at 4% or $23,168 at 6%.
202325$826,316$119,012$23,802iApproximate average salary by contribution assumption: employee only about $595,060 at 4% or $396,707 at 6%; with 50% employer match about $396,707 at 4% or $264,471 at 6%; with 100% employer match about $297,530 at 4% or $198,353 at 6%.
State-Wide Electric Co. Inc. Cash Balance Plan-4$609,401$100,000$25,000iApproximate average salary by contribution assumption: employee only about $625,000 at 4% or $416,667 at 6%; with 50% employer match about $416,667 at 4% or $277,778 at 6%; with 100% employer match about $312,500 at 4% or $208,333 at 6%.
STATE-WIDE ELECTRIC CO., INC. 401(K) PROFIT SHARING PLAN-5$216,915$19,012$3,802iApproximate average salary by contribution assumption: employee only about $95,060 at 4% or $63,373 at 6%; with 50% employer match about $63,373 at 4% or $42,249 at 6%; with 100% employer match about $47,530 at 4% or $31,687 at 6%.
202226$646,543$143,472$23,912iApproximate average salary by contribution assumption: employee only about $597,800 at 4% or $398,533 at 6%; with 50% employer match about $398,533 at 4% or $265,689 at 6%; with 100% employer match about $298,900 at 4% or $199,267 at 6%.
State-Wide Electric Co. Inc. Cash Balance Plan-5$455,255$92,805$18,561iApproximate average salary by contribution assumption: employee only about $464,025 at 4% or $309,350 at 6%; with 50% employer match about $309,350 at 4% or $206,233 at 6%; with 100% employer match about $232,013 at 4% or $154,675 at 6%.
STATE-WIDE ELECTRIC CO., INC. 401(K) PROFIT SHARING PLAN-6$191,288$50,667$8,445iApproximate average salary by contribution assumption: employee only about $211,113 at 4% or $140,742 at 6%; with 50% employer match about $140,742 at 4% or $93,828 at 6%; with 100% employer match about $105,556 at 4% or $70,371 at 6%.
202126$565,923$125,174$20,862iApproximate average salary by contribution assumption: employee only about $521,558 at 4% or $347,706 at 6%; with 50% employer match about $347,706 at 4% or $231,804 at 6%; with 100% employer match about $260,779 at 4% or $173,853 at 6%.
State-Wide Electric Co. Inc. Cash Balance Plan-5$400,810$83,633$16,727iApproximate average salary by contribution assumption: employee only about $418,165 at 4% or $278,777 at 6%; with 50% employer match about $278,777 at 4% or $185,851 at 6%; with 100% employer match about $209,082 at 4% or $139,388 at 6%.
STATE-WIDE ELECTRIC CO., INC. 401(K) PROFIT SHARING PLAN-6$165,113$41,541$6,924iApproximate average salary by contribution assumption: employee only about $173,088 at 4% or $115,392 at 6%; with 50% employer match about $115,392 at 4% or $76,928 at 6%; with 100% employer match about $86,544 at 4% or $57,696 at 6%.
202025$401,632$166,019$33,204iApproximate average salary by contribution assumption: employee only about $830,095 at 4% or $553,397 at 6%; with 50% employer match about $553,397 at 4% or $368,931 at 6%; with 100% employer match about $415,048 at 4% or $276,698 at 6%.
State-Wide Electric Co. Inc. Cash Balance Plan-5$288,610$101,040$20,208iApproximate average salary by contribution assumption: employee only about $505,200 at 4% or $336,800 at 6%; with 50% employer match about $336,800 at 4% or $224,533 at 6%; with 100% employer match about $252,600 at 4% or $168,400 at 6%.
STATE-WIDE ELECTRIC CO., INC. 401(K) PROFIT SHARING PLAN-5$113,022$64,979$12,996iApproximate average salary by contribution assumption: employee only about $324,895 at 4% or $216,597 at 6%; with 50% employer match about $216,597 at 4% or $144,398 at 6%; with 100% employer match about $162,448 at 4% or $108,298 at 6%.
201925$208,224$208,224$41,645iApproximate average salary by contribution assumption: employee only about $1,041,120 at 4% or $694,080 at 6%; with 50% employer match about $694,080 at 4% or $462,720 at 6%; with 100% employer match about $520,560 at 4% or $347,040 at 6%.
State-Wide Electric Co. Inc. Cash Balance Plan-5$166,711$166,711$33,342iApproximate average salary by contribution assumption: employee only about $833,555 at 4% or $555,703 at 6%; with 50% employer match about $555,703 at 4% or $370,469 at 6%; with 100% employer match about $416,777 at 4% or $277,852 at 6%.
STATE-WIDE ELECTRIC CO., INC. 401(K) PROFIT SHARING PLAN-5$41,513$41,513$8,303iApproximate average salary by contribution assumption: employee only about $207,565 at 4% or $138,377 at 6%; with 50% employer match about $138,377 at 4% or $92,251 at 6%; with 100% employer match about $103,783 at 4% or $69,188 at 6%.
201520$848,009$0-
State Wide Electric Inc. 401K Plan-0$848,009--
State Wide Electric Inc. 401K Plan-0---
201410$874,698$19,417-
State Wide Electric Inc. 401K Plan-0$874,698$19,417-
201316$951,187$74,475$12,413iApproximate average salary by contribution assumption: employee only about $310,313 at 4% or $206,875 at 6%; with 50% employer match about $206,875 at 4% or $137,917 at 6%; with 100% employer match about $155,156 at 4% or $103,438 at 6%.
State Wide Electric Inc. 401K Plan-6$951,187$74,475$12,413iApproximate average salary by contribution assumption: employee only about $310,313 at 4% or $206,875 at 6%; with 50% employer match about $206,875 at 4% or $137,917 at 6%; with 100% employer match about $155,156 at 4% or $103,438 at 6%.
201216$862,884$72,735$12,123iApproximate average salary by contribution assumption: employee only about $303,063 at 4% or $202,042 at 6%; with 50% employer match about $202,042 at 4% or $134,694 at 6%; with 100% employer match about $151,531 at 4% or $101,021 at 6%.
State Wide Electric Inc. 401K Plan-6$862,884$72,735$12,123iApproximate average salary by contribution assumption: employee only about $303,063 at 4% or $202,042 at 6%; with 50% employer match about $202,042 at 4% or $134,694 at 6%; with 100% employer match about $151,531 at 4% or $101,021 at 6%.
201116$791,111$34,961$5,827iApproximate average salary by contribution assumption: employee only about $145,671 at 4% or $97,114 at 6%; with 50% employer match about $97,114 at 4% or $64,743 at 6%; with 100% employer match about $72,835 at 4% or $48,557 at 6%.
State Wide Electric Inc. 401K Plan-6$791,111$34,961$5,827iApproximate average salary by contribution assumption: employee only about $145,671 at 4% or $97,114 at 6%; with 50% employer match about $97,114 at 4% or $64,743 at 6%; with 100% employer match about $72,835 at 4% or $48,557 at 6%.
201017$758,546$34,006$4,858iApproximate average salary by contribution assumption: employee only about $121,450 at 4% or $80,967 at 6%; with 50% employer match about $80,967 at 4% or $53,978 at 6%; with 100% employer match about $60,725 at 4% or $40,483 at 6%.
State Wide Electric Inc. 401K Plan-7$758,546$34,006$4,858iApproximate average salary by contribution assumption: employee only about $121,450 at 4% or $80,967 at 6%; with 50% employer match about $80,967 at 4% or $53,978 at 6%; with 100% employer match about $60,725 at 4% or $40,483 at 6%.
200917$717,779$101,129$14,447iApproximate average salary by contribution assumption: employee only about $361,175 at 4% or $240,783 at 6%; with 50% employer match about $240,783 at 4% or $160,522 at 6%; with 100% employer match about $180,588 at 4% or $120,392 at 6%.
State Wide Electric Inc. 401K Plan-7$717,779$101,129$14,447iApproximate average salary by contribution assumption: employee only about $361,175 at 4% or $240,783 at 6%; with 50% employer match about $240,783 at 4% or $160,522 at 6%; with 100% employer match about $180,588 at 4% or $120,392 at 6%.
2008110$614,716$76,230$7,623iApproximate average salary by contribution assumption: employee only about $190,575 at 4% or $127,050 at 6%; with 50% employer match about $127,050 at 4% or $84,700 at 6%; with 100% employer match about $95,288 at 4% or $63,525 at 6%.
State Wide Electric Inc. 401K Plan-10$614,716$76,230$7,623iApproximate average salary by contribution assumption: employee only about $190,575 at 4% or $127,050 at 6%; with 50% employer match about $127,050 at 4% or $84,700 at 6%; with 100% employer match about $95,288 at 4% or $63,525 at 6%.
200719$533,335$91,675$10,186iApproximate average salary by contribution assumption: employee only about $254,653 at 4% or $169,769 at 6%; with 50% employer match about $169,769 at 4% or $113,179 at 6%; with 100% employer match about $127,326 at 4% or $84,884 at 6%.
State Wide Electric Inc. 401K Plan-9$533,335$91,675$10,186iApproximate average salary by contribution assumption: employee only about $254,653 at 4% or $169,769 at 6%; with 50% employer match about $169,769 at 4% or $113,179 at 6%; with 100% employer match about $127,326 at 4% or $84,884 at 6%.
200617$422,924$93,104$13,301iApproximate average salary by contribution assumption: employee only about $332,514 at 4% or $221,676 at 6%; with 50% employer match about $221,676 at 4% or $147,784 at 6%; with 100% employer match about $166,257 at 4% or $110,838 at 6%.
State Wide Electric Inc. 401K Plan-7$422,924$93,104$13,301iApproximate average salary by contribution assumption: employee only about $332,514 at 4% or $221,676 at 6%; with 50% employer match about $221,676 at 4% or $147,784 at 6%; with 100% employer match about $166,257 at 4% or $110,838 at 6%.
200518$311,322$75,578$9,447iApproximate average salary by contribution assumption: employee only about $236,181 at 4% or $157,454 at 6%; with 50% employer match about $157,454 at 4% or $104,969 at 6%; with 100% employer match about $118,091 at 4% or $78,727 at 6%.
State Wide Electric Inc. 401K Plan-8$311,322$75,578$9,447iApproximate average salary by contribution assumption: employee only about $236,181 at 4% or $157,454 at 6%; with 50% employer match about $157,454 at 4% or $104,969 at 6%; with 100% employer match about $118,091 at 4% or $78,727 at 6%.
200417$232,983$59,952$8,565iApproximate average salary by contribution assumption: employee only about $214,114 at 4% or $142,743 at 6%; with 50% employer match about $142,743 at 4% or $95,162 at 6%; with 100% employer match about $107,057 at 4% or $71,371 at 6%.
State Wide Electric Inc. 401K Plan-7$232,983$59,952$8,565iApproximate average salary by contribution assumption: employee only about $214,114 at 4% or $142,743 at 6%; with 50% employer match about $142,743 at 4% or $95,162 at 6%; with 100% employer match about $107,057 at 4% or $71,371 at 6%.
200317$180,237$65,128$9,304iApproximate average salary by contribution assumption: employee only about $232,600 at 4% or $155,067 at 6%; with 50% employer match about $155,067 at 4% or $103,378 at 6%; with 100% employer match about $116,300 at 4% or $77,533 at 6%.
State Wide Electric Inc. 401K Plan-7$180,237$65,128$9,304iApproximate average salary by contribution assumption: employee only about $232,600 at 4% or $155,067 at 6%; with 50% employer match about $155,067 at 4% or $103,378 at 6%; with 100% employer match about $116,300 at 4% or $77,533 at 6%.
200218$119,096$62,401$7,800iApproximate average salary by contribution assumption: employee only about $195,003 at 4% or $130,002 at 6%; with 50% employer match about $130,002 at 4% or $86,668 at 6%; with 100% employer match about $97,502 at 4% or $65,001 at 6%.
State Wide Electric Inc. 401K Plan-8$119,096$62,401$7,800iApproximate average salary by contribution assumption: employee only about $195,003 at 4% or $130,002 at 6%; with 50% employer match about $130,002 at 4% or $86,668 at 6%; with 100% employer match about $97,502 at 4% or $65,001 at 6%.
200118$57,181$57,181$7,148iApproximate average salary by contribution assumption: employee only about $178,691 at 4% or $119,127 at 6%; with 50% employer match about $119,127 at 4% or $79,418 at 6%; with 100% employer match about $89,345 at 4% or $59,564 at 6%.
State Wide Electric Inc. 401K Plan-8$57,181$57,181$7,148iApproximate average salary by contribution assumption: employee only about $178,691 at 4% or $119,127 at 6%; with 50% employer match about $119,127 at 4% or $79,418 at 6%; with 100% employer match about $89,345 at 4% or $59,564 at 6%.