Civic Intelligence

Driven Electric

Plan context: Driven Electric 401(K) Profit Sharing Plan & Trust

EIN 27-2484500 • Maple Lake, MN • 12 filings • 2 plans

PO Box 174Maple Lake, MN 55358-0174
Current Snapshot

Latest Year

2024

2024 Participants

13

2024 Assets

$1,494,122

2024 Contributions

$322,237

Historical Graphs

Total Assets Over Time

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

$1,494,122$747,061$0201320192024YearValue
$1,494,122Latest year 2024

Participants Over Time

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

1370201320192024YearValue
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$1,494,122$322,237$24,787iApproximate average salary by contribution assumption: employee only about $619,687 at 4% or $413,124 at 6%; with 50% employer match about $413,124 at 4% or $275,416 at 6%; with 100% employer match about $309,843 at 4% or $206,562 at 6%.
Driven Electric 401(K) Profit Sharing Plan & Trust-13$1,494,122$322,237$24,787iApproximate average salary by contribution assumption: employee only about $619,687 at 4% or $413,124 at 6%; with 50% employer match about $413,124 at 4% or $275,416 at 6%; with 100% employer match about $309,843 at 4% or $206,562 at 6%.
2023112$956,149$69,735$5,811iApproximate average salary by contribution assumption: employee only about $145,281 at 4% or $96,854 at 6%; with 50% employer match about $96,854 at 4% or $64,569 at 6%; with 100% employer match about $72,641 at 4% or $48,427 at 6%.
Driven Electric 401(K) Profit Sharing Plan & Trust-12$956,149$69,735$5,811iApproximate average salary by contribution assumption: employee only about $145,281 at 4% or $96,854 at 6%; with 50% employer match about $96,854 at 4% or $64,569 at 6%; with 100% employer match about $72,641 at 4% or $48,427 at 6%.
2022110$689,664$56,108$5,611iApproximate average salary by contribution assumption: employee only about $140,270 at 4% or $93,513 at 6%; with 50% employer match about $93,513 at 4% or $62,342 at 6%; with 100% employer match about $70,135 at 4% or $46,757 at 6%.
Driven Electric 401(K) Profit Sharing Plan & Trust-10$689,664$56,108$5,611iApproximate average salary by contribution assumption: employee only about $140,270 at 4% or $93,513 at 6%; with 50% employer match about $93,513 at 4% or $62,342 at 6%; with 100% employer match about $70,135 at 4% or $46,757 at 6%.
2021111$864,454$54,366$4,942iApproximate average salary by contribution assumption: employee only about $123,559 at 4% or $82,373 at 6%; with 50% employer match about $82,373 at 4% or $54,915 at 6%; with 100% employer match about $61,780 at 4% or $41,186 at 6%.
Driven Electric 401(K) Profit Sharing Plan & Trust-11$864,454$54,366$4,942iApproximate average salary by contribution assumption: employee only about $123,559 at 4% or $82,373 at 6%; with 50% employer match about $82,373 at 4% or $54,915 at 6%; with 100% employer match about $61,780 at 4% or $41,186 at 6%.
2020111$686,284$62,862$5,715iApproximate average salary by contribution assumption: employee only about $142,868 at 4% or $95,245 at 6%; with 50% employer match about $95,245 at 4% or $63,497 at 6%; with 100% employer match about $71,434 at 4% or $47,623 at 6%.
Driven Electric 401(K) Profit Sharing Plan & Trust-11$686,284$62,862$5,715iApproximate average salary by contribution assumption: employee only about $142,868 at 4% or $95,245 at 6%; with 50% employer match about $95,245 at 4% or $63,497 at 6%; with 100% employer match about $71,434 at 4% or $47,623 at 6%.
2019112$535,045$73,244$6,104iApproximate average salary by contribution assumption: employee only about $152,592 at 4% or $101,728 at 6%; with 50% employer match about $101,728 at 4% or $67,819 at 6%; with 100% employer match about $76,296 at 4% or $50,864 at 6%.
Driven Electric 401(K) Profit Sharing Plan & Trust-12$535,045$73,244$6,104iApproximate average salary by contribution assumption: employee only about $152,592 at 4% or $101,728 at 6%; with 50% employer match about $101,728 at 4% or $67,819 at 6%; with 100% employer match about $76,296 at 4% or $50,864 at 6%.
2018112$345,756$66,061$5,505iApproximate average salary by contribution assumption: employee only about $137,627 at 4% or $91,751 at 6%; with 50% employer match about $91,751 at 4% or $61,168 at 6%; with 100% employer match about $68,814 at 4% or $45,876 at 6%.
Driven Electric 401(K) Profit Sharing Plan & Trust-12$345,756$66,061$5,505iApproximate average salary by contribution assumption: employee only about $137,627 at 4% or $91,751 at 6%; with 50% employer match about $91,751 at 4% or $61,168 at 6%; with 100% employer match about $68,814 at 4% or $45,876 at 6%.
2017112$287,228$68,833$5,736iApproximate average salary by contribution assumption: employee only about $143,402 at 4% or $95,601 at 6%; with 50% employer match about $95,601 at 4% or $63,734 at 6%; with 100% employer match about $71,701 at 4% or $47,801 at 6%.
Driven Electric 401(K) Profit Sharing Plan & Trust-12$287,228$68,833$5,736iApproximate average salary by contribution assumption: employee only about $143,402 at 4% or $95,601 at 6%; with 50% employer match about $95,601 at 4% or $63,734 at 6%; with 100% employer match about $71,701 at 4% or $47,801 at 6%.
201619$176,872$54,874$6,097iApproximate average salary by contribution assumption: employee only about $152,428 at 4% or $101,619 at 6%; with 50% employer match about $101,619 at 4% or $67,746 at 6%; with 100% employer match about $76,214 at 4% or $50,809 at 6%.
Driven Electric 401(K) Profit Sharing Plan & Trust-9$176,872$54,874$6,097iApproximate average salary by contribution assumption: employee only about $152,428 at 4% or $101,619 at 6%; with 50% employer match about $101,619 at 4% or $67,746 at 6%; with 100% employer match about $76,214 at 4% or $50,809 at 6%.
201516$115,612$42,928$7,155iApproximate average salary by contribution assumption: employee only about $178,867 at 4% or $119,244 at 6%; with 50% employer match about $119,244 at 4% or $79,496 at 6%; with 100% employer match about $89,433 at 4% or $59,622 at 6%.
Driven Electric 401(K) Profit Sharing Plan & Trust-6$115,612$42,928$7,155iApproximate average salary by contribution assumption: employee only about $178,867 at 4% or $119,244 at 6%; with 50% employer match about $119,244 at 4% or $79,496 at 6%; with 100% employer match about $89,433 at 4% or $59,622 at 6%.
201415$75,290$26,842$5,368iApproximate average salary by contribution assumption: employee only about $134,210 at 4% or $89,473 at 6%; with 50% employer match about $89,473 at 4% or $59,649 at 6%; with 100% employer match about $67,105 at 4% or $44,737 at 6%.
Driven Electric 401(K) Profit Sharing Plan & Trust-5$75,290$26,842$5,368iApproximate average salary by contribution assumption: employee only about $134,210 at 4% or $89,473 at 6%; with 50% employer match about $89,473 at 4% or $59,649 at 6%; with 100% employer match about $67,105 at 4% or $44,737 at 6%.
201313$42,548$19,298$6,433iApproximate average salary by contribution assumption: employee only about $160,817 at 4% or $107,211 at 6%; with 50% employer match about $107,211 at 4% or $71,474 at 6%; with 100% employer match about $80,408 at 4% or $53,606 at 6%.
Driven Electric 401(K) Profit Sharing Plan & Trust-3$42,548$19,298$6,433iApproximate average salary by contribution assumption: employee only about $160,817 at 4% or $107,211 at 6%; with 50% employer match about $107,211 at 4% or $71,474 at 6%; with 100% employer match about $80,408 at 4% or $53,606 at 6%.