Civic Intelligence

Altec Electrical Corporation DBA Altec Building Systems Corporation

Plan context: Altec Building Systems Corporation 401(K) Profit Sharing Plan

EIN 22-3292289 • Point Pleasant, NJ • 22 filings • 5 plans

904 Atlantic AvenuePoint Pleasant, NJ 08742
Current Snapshot

Latest Year

2024

2024 Participants

13

2024 Assets

$1,681,235

2024 Contributions

$205,182

Historical Graphs

Total Assets Over Time

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

$1,854,062$927,031$0199920192024YearValue
$1,681,235Latest year 2024

Participants Over Time

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

23120199920182024YearValue
13Latest 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
2024113$1,681,235$205,182$15,783iApproximate average salary by contribution assumption: employee only about $394,581 at 4% or $263,054 at 6%; with 50% employer match about $263,054 at 4% or $175,369 at 6%; with 100% employer match about $197,290 at 4% or $131,527 at 6%.
Altec Building Systems Corporation 401(K) Profit Sharing Plan-13$1,681,235$205,182$15,783iApproximate average salary by contribution assumption: employee only about $394,581 at 4% or $263,054 at 6%; with 50% employer match about $263,054 at 4% or $175,369 at 6%; with 100% employer match about $197,290 at 4% or $131,527 at 6%.
2023213$1,341,770$187,742$14,442iApproximate average salary by contribution assumption: employee only about $361,042 at 4% or $240,695 at 6%; with 50% employer match about $240,695 at 4% or $160,463 at 6%; with 100% employer match about $180,521 at 4% or $120,347 at 6%.
Altec Building Systems Corporation 401(K) Profit Sharing Plan-13$1,341,770$187,742$14,442iApproximate average salary by contribution assumption: employee only about $361,042 at 4% or $240,695 at 6%; with 50% employer match about $240,695 at 4% or $160,463 at 6%; with 100% employer match about $180,521 at 4% or $120,347 at 6%.
ALTEC BUILDING SYSTEMS CORPORATION CASH BALANCE PENSION PLAN-0$0$0-
2022217$1,854,062$358,009$21,059iApproximate average salary by contribution assumption: employee only about $526,484 at 4% or $350,989 at 6%; with 50% employer match about $350,989 at 4% or $233,993 at 6%; with 100% employer match about $263,242 at 4% or $175,495 at 6%.
Altec Building Systems Corporation 401(K) Profit Sharing Plan-17$1,016,615$149,657$8,803iApproximate average salary by contribution assumption: employee only about $220,084 at 4% or $146,723 at 6%; with 50% employer match about $146,723 at 4% or $97,815 at 6%; with 100% employer match about $110,042 at 4% or $73,361 at 6%.
ALTEC BUILDING SYSTEMS CORPORATION CASH BALANCE PENSION PLAN-10$837,447$208,352$20,835iApproximate average salary by contribution assumption: employee only about $520,880 at 4% or $347,253 at 6%; with 50% employer match about $347,253 at 4% or $231,502 at 6%; with 100% employer match about $260,440 at 4% or $173,627 at 6%.
2021215$1,820,543$399,843$26,656iApproximate average salary by contribution assumption: employee only about $666,405 at 4% or $444,270 at 6%; with 50% employer match about $444,270 at 4% or $296,180 at 6%; with 100% employer match about $333,203 at 4% or $222,135 at 6%.
Altec Building Systems Corporation 401(K) Profit Sharing Plan-15$1,136,109$139,490$9,299iApproximate average salary by contribution assumption: employee only about $232,483 at 4% or $154,989 at 6%; with 50% employer match about $154,989 at 4% or $103,326 at 6%; with 100% employer match about $116,242 at 4% or $77,494 at 6%.
ALTEC BUILDING SYSTEMS CORPORATION CASH BALANCE PENSION PLAN-8$684,434$260,353$32,544iApproximate average salary by contribution assumption: employee only about $813,603 at 4% or $542,402 at 6%; with 50% employer match about $542,402 at 4% or $361,601 at 6%; with 100% employer match about $406,802 at 4% or $271,201 at 6%.
2020216$1,284,340$344,161$21,510iApproximate average salary by contribution assumption: employee only about $537,752 at 4% or $358,501 at 6%; with 50% employer match about $358,501 at 4% or $239,001 at 6%; with 100% employer match about $268,876 at 4% or $179,251 at 6%.
Altec Building Systems Corporation 401(K) Profit Sharing Plan-16$876,360$135,937$8,496iApproximate average salary by contribution assumption: employee only about $212,402 at 4% or $141,601 at 6%; with 50% employer match about $141,601 at 4% or $94,401 at 6%; with 100% employer match about $106,201 at 4% or $70,801 at 6%.
ALTEC BUILDING SYSTEMS CORPORATION CASH BALANCE PENSION PLAN-8$407,980$208,224$26,028iApproximate average salary by contribution assumption: employee only about $650,700 at 4% or $433,800 at 6%; with 50% employer match about $433,800 at 4% or $289,200 at 6%; with 100% employer match about $325,350 at 4% or $216,900 at 6%.
2019214$811,506$319,055$22,790iApproximate average salary by contribution assumption: employee only about $569,741 at 4% or $379,827 at 6%; with 50% employer match about $379,827 at 4% or $253,218 at 6%; with 100% employer match about $284,871 at 4% or $189,914 at 6%.
Altec Building Systems Corporation 401(K) Profit Sharing Plan-14$616,576$124,125$8,866iApproximate average salary by contribution assumption: employee only about $221,652 at 4% or $147,768 at 6%; with 50% employer match about $147,768 at 4% or $98,512 at 6%; with 100% employer match about $110,826 at 4% or $73,884 at 6%.
ALTEC BUILDING SYSTEMS CORPORATION CASH BALANCE PENSION PLAN-7$194,930$194,930$27,847iApproximate average salary by contribution assumption: employee only about $696,179 at 4% or $464,119 at 6%; with 50% employer match about $464,119 at 4% or $309,413 at 6%; with 100% employer match about $348,089 at 4% or $232,060 at 6%.
2018114$396,894$70,027$5,002iApproximate average salary by contribution assumption: employee only about $125,048 at 4% or $83,365 at 6%; with 50% employer match about $83,365 at 4% or $55,577 at 6%; with 100% employer match about $62,524 at 4% or $41,683 at 6%.
Altec Building Systems Corporation 401(K) Profit Sharing Plan-14$396,894$70,027$5,002iApproximate average salary by contribution assumption: employee only about $125,048 at 4% or $83,365 at 6%; with 50% employer match about $83,365 at 4% or $55,577 at 6%; with 100% employer match about $62,524 at 4% or $41,683 at 6%.
2017114$364,712$72,951$5,211iApproximate average salary by contribution assumption: employee only about $130,270 at 4% or $86,846 at 6%; with 50% employer match about $86,846 at 4% or $57,898 at 6%; with 100% employer match about $65,135 at 4% or $43,423 at 6%.
Altec Building Systems Corporation 401(K) Profit Sharing Plan-14$364,712$72,951$5,211iApproximate average salary by contribution assumption: employee only about $130,270 at 4% or $86,846 at 6%; with 50% employer match about $86,846 at 4% or $57,898 at 6%; with 100% employer match about $65,135 at 4% or $43,423 at 6%.
2016114$255,149$247,504$17,679iApproximate average salary by contribution assumption: employee only about $441,971 at 4% or $294,648 at 6%; with 50% employer match about $294,648 at 4% or $196,432 at 6%; with 100% employer match about $220,986 at 4% or $147,324 at 6%.
Altec Building Systems Corporation 401(K) Profit Sharing Plan-14$255,149$247,504$17,679iApproximate average salary by contribution assumption: employee only about $441,971 at 4% or $294,648 at 6%; with 50% employer match about $294,648 at 4% or $196,432 at 6%; with 100% employer match about $220,986 at 4% or $147,324 at 6%.
201010$0$0-
Contractors and Employees Retirement Plan and Trust-0$0$0-
200912$10,701$0-
Contractors and Employees Retirement Plan and Trust-2$10,701$0-
200810$0$0-
Contractors and Employees Retirement Plan and Trust-0---
200710$0$0-
Contractors and Employees Retirement Plan and Trust-0---
200410$20,824$0-
Contractors and Employees Retirement Plan and Trust-0$20,824--
200111$0$0-
Contractors and Employees Retirement Plan and Trust-1---
2000123$0$0-
Contractors and Employees Retirement Plan and Trust-23---
1999119$72,866$71,913$3,785iApproximate average salary by contribution assumption: employee only about $94,622 at 4% or $63,082 at 6%; with 50% employer match about $63,082 at 4% or $42,054 at 6%; with 100% employer match about $47,311 at 4% or $31,541 at 6%.
Contractors and Employees Retirement Plan and Trust-19$72,866$71,913$3,785iApproximate average salary by contribution assumption: employee only about $94,622 at 4% or $63,082 at 6%; with 50% employer match about $63,082 at 4% or $42,054 at 6%; with 100% employer match about $47,311 at 4% or $31,541 at 6%.