Civic Intelligence

Preferred Electric Inc.

Plan context: Preferred Electric Inc. 401(K) Profit Sharing Plan

EIN 26-3430248 • Seattle, WA • 18 filings • 3 plans

PO Box 77120Seattle, WA 98177
Current Snapshot

Latest Year

2024

2024 Participants

12

2024 Assets

$1,067,755

2024 Contributions

$89,380

Historical Graphs

Total Assets Over Time

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

$1,376,576$688,288$0201220182024YearValue
$1,067,755Latest year 2024

Participants Over Time

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

1680201220182024YearValue
12Latest 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
2024212$1,067,755$89,380$7,448iApproximate average salary by contribution assumption: employee only about $186,208 at 4% or $124,139 at 6%; with 50% employer match about $124,139 at 4% or $82,759 at 6%; with 100% employer match about $93,104 at 4% or $62,069 at 6%.
Preferred Electric Inc. 401(K) Profit Sharing Plan-12$1,067,755$89,380$7,448iApproximate average salary by contribution assumption: employee only about $186,208 at 4% or $124,139 at 6%; with 50% employer match about $124,139 at 4% or $82,759 at 6%; with 100% employer match about $93,104 at 4% or $62,069 at 6%.
PREFERRED ELECTRIC, INC. CASH BALANCE PLAN-0$0$0-
2023213$1,376,576$138,130$10,625iApproximate average salary by contribution assumption: employee only about $265,635 at 4% or $177,090 at 6%; with 50% employer match about $177,090 at 4% or $118,060 at 6%; with 100% employer match about $132,817 at 4% or $88,545 at 6%.
Preferred Electric Inc. 401(K) Profit Sharing Plan-13$1,001,258$138,130$10,625iApproximate average salary by contribution assumption: employee only about $265,635 at 4% or $177,090 at 6%; with 50% employer match about $177,090 at 4% or $118,060 at 6%; with 100% employer match about $132,817 at 4% or $88,545 at 6%.
PREFERRED ELECTRIC, INC. CASH BALANCE PLAN-8$375,318$0-
2022214$1,097,076$226,489$16,178iApproximate average salary by contribution assumption: employee only about $404,445 at 4% or $269,630 at 6%; with 50% employer match about $269,630 at 4% or $179,753 at 6%; with 100% employer match about $202,222 at 4% or $134,815 at 6%.
Preferred Electric Inc. 401(K) Profit Sharing Plan-14$763,834$225,664$16,119iApproximate average salary by contribution assumption: employee only about $402,971 at 4% or $268,648 at 6%; with 50% employer match about $268,648 at 4% or $179,098 at 6%; with 100% employer match about $201,486 at 4% or $134,324 at 6%.
PREFERRED ELECTRIC, INC. CASH BALANCE PLAN-8$333,242$825$103iApproximate average salary by contribution assumption: employee only about $2,578 at 4% or $1,719 at 6%; with 50% employer match about $1,719 at 4% or $1,146 at 6%; with 100% employer match about $1,289 at 4% or $859 at 6%.
2021213$1,010,049$505,396$38,877iApproximate average salary by contribution assumption: employee only about $971,915 at 4% or $647,944 at 6%; with 50% employer match about $647,944 at 4% or $431,962 at 6%; with 100% employer match about $485,958 at 4% or $323,972 at 6%.
Preferred Electric Inc. 401(K) Profit Sharing Plan-13$676,167$171,514$13,193iApproximate average salary by contribution assumption: employee only about $329,835 at 4% or $219,890 at 6%; with 50% employer match about $219,890 at 4% or $146,593 at 6%; with 100% employer match about $164,917 at 4% or $109,945 at 6%.
PREFERRED ELECTRIC, INC. CASH BALANCE PLAN-9$333,882$333,882$37,098iApproximate average salary by contribution assumption: employee only about $927,450 at 4% or $618,300 at 6%; with 50% employer match about $618,300 at 4% or $412,200 at 6%; with 100% employer match about $463,725 at 4% or $309,150 at 6%.
2020113$497,059$119,412$9,186iApproximate average salary by contribution assumption: employee only about $229,638 at 4% or $153,092 at 6%; with 50% employer match about $153,092 at 4% or $102,062 at 6%; with 100% employer match about $114,819 at 4% or $76,546 at 6%.
Preferred Electric Inc. 401(K) Profit Sharing Plan-13$497,059$119,412$9,186iApproximate average salary by contribution assumption: employee only about $229,638 at 4% or $153,092 at 6%; with 50% employer match about $153,092 at 4% or $102,062 at 6%; with 100% employer match about $114,819 at 4% or $76,546 at 6%.
2019116$449,396$98,555$6,160iApproximate average salary by contribution assumption: employee only about $153,992 at 4% or $102,661 at 6%; with 50% employer match about $102,661 at 4% or $68,441 at 6%; with 100% employer match about $76,996 at 4% or $51,331 at 6%.
Preferred Electric Inc. 401(K) Profit Sharing Plan-16$449,396$98,555$6,160iApproximate average salary by contribution assumption: employee only about $153,992 at 4% or $102,661 at 6%; with 50% employer match about $102,661 at 4% or $68,441 at 6%; with 100% employer match about $76,996 at 4% or $51,331 at 6%.
2018114$365,230$74,888$5,349iApproximate average salary by contribution assumption: employee only about $133,729 at 4% or $89,152 at 6%; with 50% employer match about $89,152 at 4% or $59,435 at 6%; with 100% employer match about $66,864 at 4% or $44,576 at 6%.
Preferred Electric Inc. 401(K) Profit Sharing Plan-14$365,230$74,888$5,349iApproximate average salary by contribution assumption: employee only about $133,729 at 4% or $89,152 at 6%; with 50% employer match about $89,152 at 4% or $59,435 at 6%; with 100% employer match about $66,864 at 4% or $44,576 at 6%.
2017114$324,006$85,634$6,117iApproximate average salary by contribution assumption: employee only about $152,918 at 4% or $101,945 at 6%; with 50% employer match about $101,945 at 4% or $67,963 at 6%; with 100% employer match about $76,459 at 4% or $50,973 at 6%.
Preferred Electric Inc. 401(K) Profit Sharing Plan-14$324,006$85,634$6,117iApproximate average salary by contribution assumption: employee only about $152,918 at 4% or $101,945 at 6%; with 50% employer match about $101,945 at 4% or $67,963 at 6%; with 100% employer match about $76,459 at 4% or $50,973 at 6%.
2016111$217,046$56,606$5,146iApproximate average salary by contribution assumption: employee only about $128,650 at 4% or $85,767 at 6%; with 50% employer match about $85,767 at 4% or $57,178 at 6%; with 100% employer match about $64,325 at 4% or $42,883 at 6%.
Preferred Electric Inc. 401(K) Profit Sharing Plan-11$217,046$56,606$5,146iApproximate average salary by contribution assumption: employee only about $128,650 at 4% or $85,767 at 6%; with 50% employer match about $85,767 at 4% or $57,178 at 6%; with 100% employer match about $64,325 at 4% or $42,883 at 6%.
2015112$176,354$40,455$3,371iApproximate average salary by contribution assumption: employee only about $84,281 at 4% or $56,188 at 6%; with 50% employer match about $56,188 at 4% or $37,458 at 6%; with 100% employer match about $42,141 at 4% or $28,094 at 6%.
Preferred Electric Inc. 401(K) Profit Sharing Plan-12$176,354$40,455$3,371iApproximate average salary by contribution assumption: employee only about $84,281 at 4% or $56,188 at 6%; with 50% employer match about $56,188 at 4% or $37,458 at 6%; with 100% employer match about $42,141 at 4% or $28,094 at 6%.
2014212$150,898$87,901$7,325iApproximate average salary by contribution assumption: employee only about $183,127 at 4% or $122,085 at 6%; with 50% employer match about $122,085 at 4% or $81,390 at 6%; with 100% employer match about $91,564 at 4% or $61,042 at 6%.
Preferred Electric Inc. 401(K) Profit Sharing Plan-12$150,898$87,165$7,264iApproximate average salary by contribution assumption: employee only about $181,594 at 4% or $121,063 at 6%; with 50% employer match about $121,063 at 4% or $80,708 at 6%; with 100% employer match about $90,797 at 4% or $60,531 at 6%.
My Future 401(K) Plan-0-$736-
2013113$52,858$38,493$2,961iApproximate average salary by contribution assumption: employee only about $74,025 at 4% or $49,350 at 6%; with 50% employer match about $49,350 at 4% or $32,900 at 6%; with 100% employer match about $37,013 at 4% or $24,675 at 6%.
My Future 401(K) Plan-13$52,858$38,493$2,961iApproximate average salary by contribution assumption: employee only about $74,025 at 4% or $49,350 at 6%; with 50% employer match about $49,350 at 4% or $32,900 at 6%; with 100% employer match about $37,013 at 4% or $24,675 at 6%.
2012110$15,000$15,000$1,500iApproximate average salary by contribution assumption: employee only about $37,500 at 4% or $25,000 at 6%; with 50% employer match about $25,000 at 4% or $16,667 at 6%; with 100% employer match about $18,750 at 4% or $12,500 at 6%.
My Future 401(K) Plan-10$15,000$15,000$1,500iApproximate average salary by contribution assumption: employee only about $37,500 at 4% or $25,000 at 6%; with 50% employer match about $25,000 at 4% or $16,667 at 6%; with 100% employer match about $18,750 at 4% or $12,500 at 6%.
Preferred Electric Inc. | EIN 26-3430248 | 2024 Form 5500 Company Profile