Civic Intelligence

Krause Electrical Contractors Inc.

Plan context: Krause Electrical Contractors Inc. 401(K) Plan

EIN 32-0015320 • Zion, IL • 17 filings • 2 plans

13921 W IL Route 173Zion, IL 60099
Current Snapshot

Latest Year

2024

2024 Participants

9

2024 Assets

$2,430,723

2024 Contributions

$265,085

Historical Graphs

Total Assets Over Time

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

$2,606,569$1,303,285$0201120182024YearValue
$2,430,723Latest year 2024

Participants Over Time

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

1050201120182024YearValue
9Latest 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
202419$2,430,723$265,085$29,454iApproximate average salary by contribution assumption: employee only about $736,347 at 4% or $490,898 at 6%; with 50% employer match about $490,898 at 4% or $327,265 at 6%; with 100% employer match about $368,174 at 4% or $245,449 at 6%.
Krause Electrical Contractors Inc. 401(K) Plan-9$2,430,723$265,085$29,454iApproximate average salary by contribution assumption: employee only about $736,347 at 4% or $490,898 at 6%; with 50% employer match about $490,898 at 4% or $327,265 at 6%; with 100% employer match about $368,174 at 4% or $245,449 at 6%.
202318$1,889,167$258,040$32,255iApproximate average salary by contribution assumption: employee only about $806,375 at 4% or $537,583 at 6%; with 50% employer match about $537,583 at 4% or $358,389 at 6%; with 100% employer match about $403,188 at 4% or $268,792 at 6%.
Krause Electrical Contractors Inc. 401(K) Plan-8$1,889,167$258,040$32,255iApproximate average salary by contribution assumption: employee only about $806,375 at 4% or $537,583 at 6%; with 50% employer match about $537,583 at 4% or $358,389 at 6%; with 100% employer match about $403,188 at 4% or $268,792 at 6%.
2022110$1,610,610$166,204$16,620iApproximate average salary by contribution assumption: employee only about $415,510 at 4% or $277,007 at 6%; with 50% employer match about $277,007 at 4% or $184,671 at 6%; with 100% employer match about $207,755 at 4% or $138,503 at 6%.
Krause Electrical Contractors Inc. 401(K) Plan-10$1,610,610$166,204$16,620iApproximate average salary by contribution assumption: employee only about $415,510 at 4% or $277,007 at 6%; with 50% employer match about $277,007 at 4% or $184,671 at 6%; with 100% employer match about $207,755 at 4% or $138,503 at 6%.
2021110$1,731,823$241,065$24,107iApproximate average salary by contribution assumption: employee only about $602,663 at 4% or $401,775 at 6%; with 50% employer match about $401,775 at 4% or $267,850 at 6%; with 100% employer match about $301,331 at 4% or $200,888 at 6%.
Krause Electrical Contractors Inc. 401(K) Plan-10$1,731,823$241,065$24,107iApproximate average salary by contribution assumption: employee only about $602,663 at 4% or $401,775 at 6%; with 50% employer match about $401,775 at 4% or $267,850 at 6%; with 100% employer match about $301,331 at 4% or $200,888 at 6%.
202029$2,606,569$390,853$43,428iApproximate average salary by contribution assumption: employee only about $1,085,703 at 4% or $723,802 at 6%; with 50% employer match about $723,802 at 4% or $482,535 at 6%; with 100% employer match about $542,851 at 4% or $361,901 at 6%.
Krause Electrical Contractors Inc. 401(K) Plan-9$2,251,219$290,853$32,317iApproximate average salary by contribution assumption: employee only about $807,925 at 4% or $538,617 at 6%; with 50% employer match about $538,617 at 4% or $359,078 at 6%; with 100% employer match about $403,963 at 4% or $269,308 at 6%.
KRAUSE ELECTRICAL CONTRACTORS, INC. CASH BALANCE PENSION PLAN-4$355,350$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%.
201928$1,928,516$417,017$52,127iApproximate average salary by contribution assumption: employee only about $1,303,178 at 4% or $868,785 at 6%; with 50% employer match about $868,785 at 4% or $579,190 at 6%; with 100% employer match about $651,589 at 4% or $434,393 at 6%.
Krause Electrical Contractors Inc. 401(K) Plan-8$1,698,976$327,017$40,877iApproximate average salary by contribution assumption: employee only about $1,021,928 at 4% or $681,285 at 6%; with 50% employer match about $681,285 at 4% or $454,190 at 6%; with 100% employer match about $510,964 at 4% or $340,643 at 6%.
KRAUSE ELECTRICAL CONTRACTORS, INC. CASH BALANCE PENSION PLAN-4$229,540$90,000$22,500iApproximate average salary by contribution assumption: employee only about $562,500 at 4% or $375,000 at 6%; with 50% employer match about $375,000 at 4% or $250,000 at 6%; with 100% employer match about $281,250 at 4% or $187,500 at 6%.
201829$1,232,235$345,856$38,428iApproximate average salary by contribution assumption: employee only about $960,711 at 4% or $640,474 at 6%; with 50% employer match about $640,474 at 4% or $426,983 at 6%; with 100% employer match about $480,356 at 4% or $320,237 at 6%.
Krause Electrical Contractors Inc. 401(K) Plan-9$1,105,484$219,105$24,345iApproximate average salary by contribution assumption: employee only about $608,625 at 4% or $405,750 at 6%; with 50% employer match about $405,750 at 4% or $270,500 at 6%; with 100% employer match about $304,313 at 4% or $202,875 at 6%.
KRAUSE ELECTRICAL CONTRACTORS, INC. CASH BALANCE PENSION PLAN-4$126,751$126,751$31,688iApproximate average salary by contribution assumption: employee only about $792,194 at 4% or $528,129 at 6%; with 50% employer match about $528,129 at 4% or $352,086 at 6%; with 100% employer match about $396,097 at 4% or $264,065 at 6%.
201718$983,936$132,452$16,557iApproximate average salary by contribution assumption: employee only about $413,913 at 4% or $275,942 at 6%; with 50% employer match about $275,942 at 4% or $183,961 at 6%; with 100% employer match about $206,956 at 4% or $137,971 at 6%.
Krause Electrical Contractors Inc. 401(K) Plan-8$983,936$132,452$16,557iApproximate average salary by contribution assumption: employee only about $413,913 at 4% or $275,942 at 6%; with 50% employer match about $275,942 at 4% or $183,961 at 6%; with 100% employer match about $206,956 at 4% or $137,971 at 6%.
201616$685,228$117,873$19,646iApproximate average salary by contribution assumption: employee only about $491,138 at 4% or $327,425 at 6%; with 50% employer match about $327,425 at 4% or $218,283 at 6%; with 100% employer match about $245,569 at 4% or $163,713 at 6%.
Krause Electrical Contractors Inc. 401(K) Plan-6$685,228$117,873$19,646iApproximate average salary by contribution assumption: employee only about $491,138 at 4% or $327,425 at 6%; with 50% employer match about $327,425 at 4% or $218,283 at 6%; with 100% employer match about $245,569 at 4% or $163,713 at 6%.
201515$520,106$107,490$21,498iApproximate average salary by contribution assumption: employee only about $537,450 at 4% or $358,300 at 6%; with 50% employer match about $358,300 at 4% or $238,867 at 6%; with 100% employer match about $268,725 at 4% or $179,150 at 6%.
Krause Electrical Contractors Inc. 401(K) Plan-5$520,106$107,490$21,498iApproximate average salary by contribution assumption: employee only about $537,450 at 4% or $358,300 at 6%; with 50% employer match about $358,300 at 4% or $238,867 at 6%; with 100% employer match about $268,725 at 4% or $179,150 at 6%.
201415$424,467$95,699$19,140iApproximate average salary by contribution assumption: employee only about $478,495 at 4% or $318,997 at 6%; with 50% employer match about $318,997 at 4% or $212,664 at 6%; with 100% employer match about $239,248 at 4% or $159,498 at 6%.
Krause Electrical Contractors Inc. 401(K) Plan-5$424,467$95,699$19,140iApproximate average salary by contribution assumption: employee only about $478,495 at 4% or $318,997 at 6%; with 50% employer match about $318,997 at 4% or $212,664 at 6%; with 100% employer match about $239,248 at 4% or $159,498 at 6%.
201316$325,198$96,350$16,058iApproximate average salary by contribution assumption: employee only about $401,458 at 4% or $267,639 at 6%; with 50% employer match about $267,639 at 4% or $178,426 at 6%; with 100% employer match about $200,729 at 4% or $133,819 at 6%.
Krause Electrical Contractors Inc. 401(K) Plan-6$325,198$96,350$16,058iApproximate average salary by contribution assumption: employee only about $401,458 at 4% or $267,639 at 6%; with 50% employer match about $267,639 at 4% or $178,426 at 6%; with 100% employer match about $200,729 at 4% or $133,819 at 6%.
201215$171,162$75,304$15,061iApproximate average salary by contribution assumption: employee only about $376,520 at 4% or $251,013 at 6%; with 50% employer match about $251,013 at 4% or $167,342 at 6%; with 100% employer match about $188,260 at 4% or $125,507 at 6%.
Krause Electrical Contractors Inc. 401(K) Plan-5$171,162$75,304$15,061iApproximate average salary by contribution assumption: employee only about $376,520 at 4% or $251,013 at 6%; with 50% employer match about $251,013 at 4% or $167,342 at 6%; with 100% employer match about $188,260 at 4% or $125,507 at 6%.
201116$75,753$81,423$13,571iApproximate average salary by contribution assumption: employee only about $339,263 at 4% or $226,175 at 6%; with 50% employer match about $226,175 at 4% or $150,783 at 6%; with 100% employer match about $169,631 at 4% or $113,088 at 6%.
Krause Electrical Contractors Inc. 401(K) Plan-6$75,753$81,423$13,571iApproximate average salary by contribution assumption: employee only about $339,263 at 4% or $226,175 at 6%; with 50% employer match about $226,175 at 4% or $150,783 at 6%; with 100% employer match about $169,631 at 4% or $113,088 at 6%.