Civic Intelligence

Balester Optical Company

Plan context: Balester Optical Company Inc. Profit Sharing Plan 401K

EIN 23-2096806 • Wilkes Barre, PA • 40 filings • 12 plans

388 N. River StreetWilkes Barre, PA 18702
Current Snapshot

Latest Year

2015

2015 Participants

11

2015 Assets

$1,750,326

2015 Contributions

$2,420

Historical Graphs

Total Assets Over Time

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

$3,336,224$1,668,112$0199920082014YearValue
$1,750,326Latest year 2014

Participants Over Time

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

105530199920072014YearValue
11Latest year 2014

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
201510$0$2,420-
Balester Optical Company Inc. Profit Sharing Plan 401K-0$0$2,420-
2014111$1,750,326$5,720$520iApproximate average salary by contribution assumption: employee only about $13,000 at 4% or $8,667 at 6%; with 50% employer match about $8,667 at 4% or $5,778 at 6%; with 100% employer match about $6,500 at 4% or $4,333 at 6%.
Balester Optical Company Inc. Profit Sharing Plan 401K-11$1,750,326$5,720$520iApproximate average salary by contribution assumption: employee only about $13,000 at 4% or $8,667 at 6%; with 50% employer match about $8,667 at 4% or $5,778 at 6%; with 100% employer match about $6,500 at 4% or $4,333 at 6%.
2013112$1,771,529$37,551$3,129iApproximate average salary by contribution assumption: employee only about $78,231 at 4% or $52,154 at 6%; with 50% employer match about $52,154 at 4% or $34,769 at 6%; with 100% employer match about $39,116 at 4% or $26,077 at 6%.
Balester Optical Company Inc. Profit Sharing Plan 401K-12$1,771,529$37,551$3,129iApproximate average salary by contribution assumption: employee only about $78,231 at 4% or $52,154 at 6%; with 50% employer match about $52,154 at 4% or $34,769 at 6%; with 100% employer match about $39,116 at 4% or $26,077 at 6%.
2012314$2,229,153$476,248$34,018iApproximate average salary by contribution assumption: employee only about $850,443 at 4% or $566,962 at 6%; with 50% employer match about $566,962 at 4% or $377,975 at 6%; with 100% employer match about $425,221 at 4% or $283,481 at 6%.
Balester Optical Company Inc. Profit Sharing Plan 401K-14$1,505,467$32,130$2,295iApproximate average salary by contribution assumption: employee only about $57,375 at 4% or $38,250 at 6%; with 50% employer match about $38,250 at 4% or $25,500 at 6%; with 100% employer match about $28,688 at 4% or $19,125 at 6%.
RETIRE. PLAN FOR NON-EXEMPT 'EES OF FRED J. BALESTER SONS OPTICAL CO.-2$723,686$444,118$222,059iApproximate average salary by contribution assumption: employee only about $5,551,475 at 4% or $3,700,983 at 6%; with 50% employer match about $3,700,983 at 4% or $2,467,322 at 6%; with 100% employer match about $2,775,738 at 4% or $1,850,492 at 6%.
RETIREMENT PLAN FOR NON-EXEMPT EE'S OF FRED J. BALESTER SONS OPTICAL CO.-0$0$0-
2011262$2,210,991$79,910$1,289iApproximate average salary by contribution assumption: employee only about $32,222 at 4% or $21,481 at 6%; with 50% employer match about $21,481 at 4% or $14,321 at 6%; with 100% employer match about $16,111 at 4% or $10,741 at 6%.
Balester Optical Company Inc. Profit Sharing Plan 401K-16$1,367,682$29,910$1,869iApproximate average salary by contribution assumption: employee only about $46,734 at 4% or $31,156 at 6%; with 50% employer match about $31,156 at 4% or $20,771 at 6%; with 100% employer match about $23,367 at 4% or $15,578 at 6%.
RETIRE. PLAN FOR NON-EXEMPT 'EES OF FRED J. BALESTER SONS OPTICAL CO.-62$843,309$50,000$806iApproximate average salary by contribution assumption: employee only about $20,161 at 4% or $13,441 at 6%; with 50% employer match about $13,441 at 4% or $8,961 at 6%; with 100% employer match about $10,081 at 4% or $6,720 at 6%.
2010272$2,233,096$129,697$1,801iApproximate average salary by contribution assumption: employee only about $45,034 at 4% or $30,022 at 6%; with 50% employer match about $30,022 at 4% or $20,015 at 6%; with 100% employer match about $22,517 at 4% or $15,011 at 6%.
Balester Optical Company Inc. Profit Sharing Plan 401K-16$1,376,563$26,344$1,647iApproximate average salary by contribution assumption: employee only about $41,163 at 4% or $27,442 at 6%; with 50% employer match about $27,442 at 4% or $18,294 at 6%; with 100% employer match about $20,581 at 4% or $13,721 at 6%.
RETIRE. PLAN FOR NON-EXEMPT 'EES OF FRED J. BALESTER SONS OPTICAL CO.-72$856,533$103,353$1,435iApproximate average salary by contribution assumption: employee only about $35,886 at 4% or $23,924 at 6%; with 50% employer match about $23,924 at 4% or $15,950 at 6%; with 100% employer match about $17,943 at 4% or $11,962 at 6%.
2009274$1,938,608$123,919$1,675iApproximate average salary by contribution assumption: employee only about $41,865 at 4% or $27,910 at 6%; with 50% employer match about $27,910 at 4% or $18,606 at 6%; with 100% employer match about $20,932 at 4% or $13,955 at 6%.
Balester Optical Company Inc. Profit Sharing Plan 401K-15$1,268,811$30,144$2,010iApproximate average salary by contribution assumption: employee only about $50,240 at 4% or $33,493 at 6%; with 50% employer match about $33,493 at 4% or $22,329 at 6%; with 100% employer match about $25,120 at 4% or $16,747 at 6%.
RETIRE. PLAN FOR NON-EXEMPT 'EES OF FRED J. BALESTER SONS OPTICAL CO.-74$669,797$93,775$1,267iApproximate average salary by contribution assumption: employee only about $31,681 at 4% or $21,120 at 6%; with 50% employer match about $21,120 at 4% or $14,080 at 6%; with 100% employer match about $15,840 at 4% or $10,560 at 6%.
2008263$1,056,702$32,436$515iApproximate average salary by contribution assumption: employee only about $12,871 at 4% or $8,581 at 6%; with 50% employer match about $8,581 at 4% or $5,721 at 6%; with 100% employer match about $6,436 at 4% or $4,290 at 6%.
Balester Optical Company Inc. Profit Sharing Plan 401K-14$1,056,702$32,436$2,317iApproximate average salary by contribution assumption: employee only about $57,921 at 4% or $38,614 at 6%; with 50% employer match about $38,614 at 4% or $25,743 at 6%; with 100% employer match about $28,961 at 4% or $19,307 at 6%.
RETIRE. PLAN FOR NON-EXEMPT EES OF FRED J. BALESTER SONS OPTICAL CO.-63---
2007272$0$0-
Balester Optical Company Inc. Profit Sharing Plan 401K-15---
RETIRE. PLAN FOR NON-EXEMPT EES OF FRED J. BALESTER SONS OPTICAL CO.-72---
2006272$3,336,224$61,929$860iApproximate average salary by contribution assumption: employee only about $21,503 at 4% or $14,335 at 6%; with 50% employer match about $14,335 at 4% or $9,557 at 6%; with 100% employer match about $10,752 at 4% or $7,168 at 6%.
Balester Optical Company Inc. Profit Sharing Plan 401K-19$2,664,400$33,889$1,784iApproximate average salary by contribution assumption: employee only about $44,591 at 4% or $29,727 at 6%; with 50% employer match about $29,727 at 4% or $19,818 at 6%; with 100% employer match about $22,295 at 4% or $14,864 at 6%.
RETIRE. PLAN FOR NON-EXEMPT EES OF FRED J. BALESTER SONS OPTICAL CO.-72$671,824$28,040$389iApproximate average salary by contribution assumption: employee only about $9,736 at 4% or $6,491 at 6%; with 50% employer match about $6,491 at 4% or $4,327 at 6%; with 100% employer match about $4,868 at 4% or $3,245 at 6%.
2005270$3,042,171$103,378$1,477iApproximate average salary by contribution assumption: employee only about $36,921 at 4% or $24,614 at 6%; with 50% employer match about $24,614 at 4% or $16,409 at 6%; with 100% employer match about $18,460 at 4% or $12,307 at 6%.
Balester Optical Company Inc. Profit Sharing Plan 401K-18$2,407,229$59,586$3,310iApproximate average salary by contribution assumption: employee only about $82,758 at 4% or $55,172 at 6%; with 50% employer match about $55,172 at 4% or $36,781 at 6%; with 100% employer match about $41,379 at 4% or $27,586 at 6%.
RETIRE. PLAN FOR NON-EXEMPT EES OF FRED J. BALESTER SONS OPTICAL CO.-70$634,942$43,792$626iApproximate average salary by contribution assumption: employee only about $15,640 at 4% or $10,427 at 6%; with 50% employer match about $10,427 at 4% or $6,951 at 6%; with 100% employer match about $7,820 at 4% or $5,213 at 6%.
2004280$2,749,770$112,899$1,411iApproximate average salary by contribution assumption: employee only about $35,281 at 4% or $23,521 at 6%; with 50% employer match about $23,521 at 4% or $15,680 at 6%; with 100% employer match about $17,640 at 4% or $11,760 at 6%.
Balester Optical Company Inc. Profit Sharing Plan 401K-17$2,220,570$72,310$4,254iApproximate average salary by contribution assumption: employee only about $106,338 at 4% or $70,892 at 6%; with 50% employer match about $70,892 at 4% or $47,261 at 6%; with 100% employer match about $53,169 at 4% or $35,446 at 6%.
RETIRE. PLAN FOR NON-EXEMPT EES OF FRED J. BALESTER SONS OPTICAL CO.-80$529,200$40,589$507iApproximate average salary by contribution assumption: employee only about $12,684 at 4% or $8,456 at 6%; with 50% employer match about $8,456 at 4% or $5,637 at 6%; with 100% employer match about $6,342 at 4% or $4,228 at 6%.
2003395$2,410,634$76,344$804iApproximate average salary by contribution assumption: employee only about $20,091 at 4% or $13,394 at 6%; with 50% employer match about $13,394 at 4% or $8,929 at 6%; with 100% employer match about $10,045 at 4% or $6,697 at 6%.
Balester Optical Company Inc. Profit Sharing Plan 401K-18$1,925,184$32,216$1,790iApproximate average salary by contribution assumption: employee only about $44,744 at 4% or $29,830 at 6%; with 50% employer match about $29,830 at 4% or $19,886 at 6%; with 100% employer match about $22,372 at 4% or $14,915 at 6%.
RETIRE. PLAN FOR NON-EXEMPT EES OF FRED J. BALESTER SONS OPTICAL CO.-83$485,450$44,128$532iApproximate average salary by contribution assumption: employee only about $13,292 at 4% or $8,861 at 6%; with 50% employer match about $8,861 at 4% or $5,907 at 6%; with 100% employer match about $6,646 at 4% or $4,431 at 6%.
Balester Optical Company Group Life Insurance Plan-95---
2002499$2,118,047$100,234$1,012iApproximate average salary by contribution assumption: employee only about $25,312 at 4% or $16,874 at 6%; with 50% employer match about $16,874 at 4% or $11,250 at 6%; with 100% employer match about $12,656 at 4% or $8,437 at 6%.
Balester Optical Company Inc. Profit Sharing Plan 401K-16$1,774,409$65,996$4,125iApproximate average salary by contribution assumption: employee only about $103,119 at 4% or $68,746 at 6%; with 50% employer match about $68,746 at 4% or $45,831 at 6%; with 100% employer match about $51,559 at 4% or $34,373 at 6%.
RETIRE. PLAN FOR NON-EXEMPT EES OF FRED J. BALESTER SONS OPTICAL CO.-81$343,638$34,238$423iApproximate average salary by contribution assumption: employee only about $10,567 at 4% or $7,045 at 6%; with 50% employer match about $7,045 at 4% or $4,697 at 6%; with 100% employer match about $5,284 at 4% or $3,522 at 6%.
Balester Optical Co Group Health Insurance Plan-95---
Balester Optical Company Group Life Insurance Plan-99---
20014105$1,970,315$54,611$520iApproximate average salary by contribution assumption: employee only about $13,003 at 4% or $8,668 at 6%; with 50% employer match about $8,668 at 4% or $5,779 at 6%; with 100% employer match about $6,501 at 4% or $4,334 at 6%.
Balester Optical Company Inc. Profit Sharing Plan 401K-16$1,970,315$54,611$3,413iApproximate average salary by contribution assumption: employee only about $85,330 at 4% or $56,886 at 6%; with 50% employer match about $56,886 at 4% or $37,924 at 6%; with 100% employer match about $42,665 at 4% or $28,443 at 6%.
RETIRE. PLAN FOR NON-EXEMPT EES OF FRED J. BALESTER SONS OPTICAL CO.-79---
Balester Optical Company Group Life Insurance Plan-105---
Balester Optical Co Group Health Insurance Plan-98---
20004105$0$0-
RETIRE. PLAN FOR NON-EXEMPT EES OF FRED J. BALESTER SONS OPTICAL CO.-74---
Balester Optical Company Inc. Profit Sharing Plan 401K-14---
Balester Optical Company Group Life Insurance Plan-94---
Balester Optical Co Group Health Insurance Plan-105---
1999396$2,061,211$115,515$1,203iApproximate average salary by contribution assumption: employee only about $30,082 at 4% or $20,055 at 6%; with 50% employer match about $20,055 at 4% or $13,370 at 6%; with 100% employer match about $15,041 at 4% or $10,027 at 6%.
Balester Optical Company Inc. Profit Sharing Plan 401K-15$2,061,211$115,515$7,701iApproximate average salary by contribution assumption: employee only about $192,525 at 4% or $128,350 at 6%; with 50% employer match about $128,350 at 4% or $85,567 at 6%; with 100% employer match about $96,263 at 4% or $64,175 at 6%.
Balester Optical Company Group Life Insurance Plan-96---
Balester Optical Co Group Health Insurance Plan-92---