Civic Intelligence

Herbst Electric Company

Plan context: Herbst Electric Company 401K Profit Sharing Plan

EIN 34-1626690 • Cuyahoga Hts, OH • 34 filings • 5 plans

5171 Grant AveCuyahoga Hts, OH 44125
Current Snapshot

Latest Year

2021

2021 Participants

16

2021 Assets

$7,767,857

2021 Contributions

$742,261

Historical Graphs

Total Assets Over Time

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

$7,767,857$3,883,929$0199920102020YearValue
$7,767,857Latest year 2020

Participants Over Time

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

1790199920102020YearValue
16Latest year 2020

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
202120$0$0-
Herbst Electric Company Money Purchase Plan-0$0--
Herbst Electric Company 401K Profit Sharing Plan-0$0--
2020216$7,767,857$742,261$46,391iApproximate average salary by contribution assumption: employee only about $1,159,783 at 4% or $773,189 at 6%; with 50% employer match about $773,189 at 4% or $515,459 at 6%; with 100% employer match about $579,891 at 4% or $386,594 at 6%.
Herbst Electric Company 401K Profit Sharing Plan-16$6,963,716$581,204$36,325iApproximate average salary by contribution assumption: employee only about $908,131 at 4% or $605,421 at 6%; with 50% employer match about $605,421 at 4% or $403,614 at 6%; with 100% employer match about $454,066 at 4% or $302,710 at 6%.
Herbst Electric Company Money Purchase Plan-5$804,141$161,057$32,211iApproximate average salary by contribution assumption: employee only about $805,285 at 4% or $536,857 at 6%; with 50% employer match about $536,857 at 4% or $357,904 at 6%; with 100% employer match about $402,643 at 4% or $268,428 at 6%.
2019217$6,619,039$417,187$24,540iApproximate average salary by contribution assumption: employee only about $613,510 at 4% or $409,007 at 6%; with 50% employer match about $409,007 at 4% or $272,671 at 6%; with 100% employer match about $306,755 at 4% or $204,503 at 6%.
Herbst Electric Company 401K Profit Sharing Plan-17$6,038,853$247,034$14,531iApproximate average salary by contribution assumption: employee only about $363,285 at 4% or $242,190 at 6%; with 50% employer match about $242,190 at 4% or $161,460 at 6%; with 100% employer match about $181,643 at 4% or $121,095 at 6%.
Herbst Electric Company Money Purchase Plan-6$580,186$170,153$28,359iApproximate average salary by contribution assumption: employee only about $708,971 at 4% or $472,647 at 6%; with 50% employer match about $472,647 at 4% or $315,098 at 6%; with 100% employer match about $354,485 at 4% or $236,324 at 6%.
2018216$5,470,103$491,811$30,738iApproximate average salary by contribution assumption: employee only about $768,455 at 4% or $512,303 at 6%; with 50% employer match about $512,303 at 4% or $341,535 at 6%; with 100% employer match about $384,227 at 4% or $256,152 at 6%.
Herbst Electric Company 401K Profit Sharing Plan-16$5,099,519$334,784$20,924iApproximate average salary by contribution assumption: employee only about $523,100 at 4% or $348,733 at 6%; with 50% employer match about $348,733 at 4% or $232,489 at 6%; with 100% employer match about $261,550 at 4% or $174,367 at 6%.
Herbst Electric Company Money Purchase Plan-7$370,584$157,027$22,432iApproximate average salary by contribution assumption: employee only about $560,811 at 4% or $373,874 at 6%; with 50% employer match about $373,874 at 4% or $249,249 at 6%; with 100% employer match about $280,405 at 4% or $186,937 at 6%.
2017216$5,430,184$367,084$22,943iApproximate average salary by contribution assumption: employee only about $573,569 at 4% or $382,379 at 6%; with 50% employer match about $382,379 at 4% or $254,919 at 6%; with 100% employer match about $286,784 at 4% or $191,190 at 6%.
Herbst Electric Company 401K Profit Sharing Plan-16$5,192,603$264,934$16,558iApproximate average salary by contribution assumption: employee only about $413,959 at 4% or $275,973 at 6%; with 50% employer match about $275,973 at 4% or $183,982 at 6%; with 100% employer match about $206,980 at 4% or $137,986 at 6%.
Herbst Electric Company Money Purchase Plan-6$237,581$102,150$17,025iApproximate average salary by contribution assumption: employee only about $425,625 at 4% or $283,750 at 6%; with 50% employer match about $283,750 at 4% or $189,167 at 6%; with 100% employer match about $212,813 at 4% or $141,875 at 6%.
2016215$4,915,586$370,293$24,686iApproximate average salary by contribution assumption: employee only about $617,155 at 4% or $411,437 at 6%; with 50% employer match about $411,437 at 4% or $274,291 at 6%; with 100% employer match about $308,578 at 4% or $205,718 at 6%.
Herbst Electric Company 401K Profit Sharing Plan-15$4,798,964$254,647$16,976iApproximate average salary by contribution assumption: employee only about $424,412 at 4% or $282,941 at 6%; with 50% employer match about $282,941 at 4% or $188,627 at 6%; with 100% employer match about $212,206 at 4% or $141,471 at 6%.
Herbst Electric Company Money Purchase Plan-6$116,622$115,646$19,274iApproximate average salary by contribution assumption: employee only about $481,858 at 4% or $321,239 at 6%; with 50% employer match about $321,239 at 4% or $214,159 at 6%; with 100% employer match about $240,929 at 4% or $160,619 at 6%.
2015114$4,502,597$203,225$14,516iApproximate average salary by contribution assumption: employee only about $362,902 at 4% or $241,935 at 6%; with 50% employer match about $241,935 at 4% or $161,290 at 6%; with 100% employer match about $181,451 at 4% or $120,967 at 6%.
Herbst Electric Company 401K Profit Sharing Plan-14$4,502,597$203,225$14,516iApproximate average salary by contribution assumption: employee only about $362,902 at 4% or $241,935 at 6%; with 50% employer match about $241,935 at 4% or $161,290 at 6%; with 100% employer match about $181,451 at 4% or $120,967 at 6%.
2014115$4,443,193$211,156$14,077iApproximate average salary by contribution assumption: employee only about $351,927 at 4% or $234,618 at 6%; with 50% employer match about $234,618 at 4% or $156,412 at 6%; with 100% employer match about $175,963 at 4% or $117,309 at 6%.
Herbst Electric Company 401K Profit Sharing Plan-15$4,443,193$211,156$14,077iApproximate average salary by contribution assumption: employee only about $351,927 at 4% or $234,618 at 6%; with 50% employer match about $234,618 at 4% or $156,412 at 6%; with 100% employer match about $175,963 at 4% or $117,309 at 6%.
2013113$4,042,495$322,233$24,787iApproximate average salary by contribution assumption: employee only about $619,679 at 4% or $413,119 at 6%; with 50% employer match about $413,119 at 4% or $275,413 at 6%; with 100% employer match about $309,839 at 4% or $206,560 at 6%.
Herbst Electric Company 401K Profit Sharing Plan-13$4,042,495$322,233$24,787iApproximate average salary by contribution assumption: employee only about $619,679 at 4% or $413,119 at 6%; with 50% employer match about $413,119 at 4% or $275,413 at 6%; with 100% employer match about $309,839 at 4% or $206,560 at 6%.
2012113$3,071,941$239,616$18,432iApproximate average salary by contribution assumption: employee only about $460,800 at 4% or $307,200 at 6%; with 50% employer match about $307,200 at 4% or $204,800 at 6%; with 100% employer match about $230,400 at 4% or $153,600 at 6%.
Herbst Electric Company 401K Profit Sharing Plan-13$3,071,941$239,616$18,432iApproximate average salary by contribution assumption: employee only about $460,800 at 4% or $307,200 at 6%; with 50% employer match about $307,200 at 4% or $204,800 at 6%; with 100% employer match about $230,400 at 4% or $153,600 at 6%.
2011112$2,515,920$193,430$16,119iApproximate average salary by contribution assumption: employee only about $402,979 at 4% or $268,653 at 6%; with 50% employer match about $268,653 at 4% or $179,102 at 6%; with 100% employer match about $201,490 at 4% or $134,326 at 6%.
Herbst Electric Company 401K Profit Sharing Plan-12$2,515,920$193,430$16,119iApproximate average salary by contribution assumption: employee only about $402,979 at 4% or $268,653 at 6%; with 50% employer match about $268,653 at 4% or $179,102 at 6%; with 100% employer match about $201,490 at 4% or $134,326 at 6%.
2010111$2,483,117$171,493$15,590iApproximate average salary by contribution assumption: employee only about $389,757 at 4% or $259,838 at 6%; with 50% employer match about $259,838 at 4% or $173,225 at 6%; with 100% employer match about $194,878 at 4% or $129,919 at 6%.
Herbst Electric Company 401K Profit Sharing Plan-11$2,483,117$171,493$15,590iApproximate average salary by contribution assumption: employee only about $389,757 at 4% or $259,838 at 6%; with 50% employer match about $259,838 at 4% or $173,225 at 6%; with 100% employer match about $194,878 at 4% or $129,919 at 6%.
2009110$2,014,840$152,342$15,234iApproximate average salary by contribution assumption: employee only about $380,855 at 4% or $253,903 at 6%; with 50% employer match about $253,903 at 4% or $169,269 at 6%; with 100% employer match about $190,428 at 4% or $126,952 at 6%.
Herbst Electric Company 401K Profit Sharing Plan-10$2,014,840$152,342$15,234iApproximate average salary by contribution assumption: employee only about $380,855 at 4% or $253,903 at 6%; with 50% employer match about $253,903 at 4% or $169,269 at 6%; with 100% employer match about $190,428 at 4% or $126,952 at 6%.
2008110$1,448,099$152,429$15,243iApproximate average salary by contribution assumption: employee only about $381,073 at 4% or $254,048 at 6%; with 50% employer match about $254,048 at 4% or $169,366 at 6%; with 100% employer match about $190,536 at 4% or $127,024 at 6%.
Herbst Electric Company 401K Profit Sharing Plan-10$1,448,099$152,429$15,243iApproximate average salary by contribution assumption: employee only about $381,073 at 4% or $254,048 at 6%; with 50% employer match about $254,048 at 4% or $169,366 at 6%; with 100% employer match about $190,536 at 4% or $127,024 at 6%.
2007110$1,940,990$132,299$13,230iApproximate average salary by contribution assumption: employee only about $330,748 at 4% or $220,498 at 6%; with 50% employer match about $220,498 at 4% or $146,999 at 6%; with 100% employer match about $165,374 at 4% or $110,249 at 6%.
Herbst Electric Company 401K Profit Sharing Plan-10$1,940,990$132,299$13,230iApproximate average salary by contribution assumption: employee only about $330,748 at 4% or $220,498 at 6%; with 50% employer match about $220,498 at 4% or $146,999 at 6%; with 100% employer match about $165,374 at 4% or $110,249 at 6%.
200619$1,756,277$139,908$15,545iApproximate average salary by contribution assumption: employee only about $388,633 at 4% or $259,089 at 6%; with 50% employer match about $259,089 at 4% or $172,726 at 6%; with 100% employer match about $194,317 at 4% or $129,544 at 6%.
Herbst Electric Company 401K Profit Sharing Plan-9$1,756,277$139,908$15,545iApproximate average salary by contribution assumption: employee only about $388,633 at 4% or $259,089 at 6%; with 50% employer match about $259,089 at 4% or $172,726 at 6%; with 100% employer match about $194,317 at 4% or $129,544 at 6%.
200519$1,449,240$114,059$12,673iApproximate average salary by contribution assumption: employee only about $316,831 at 4% or $211,220 at 6%; with 50% employer match about $211,220 at 4% or $140,814 at 6%; with 100% employer match about $158,415 at 4% or $105,610 at 6%.
Herbst Electric Company 401K Profit Sharing Plan-9$1,449,240$114,059$12,673iApproximate average salary by contribution assumption: employee only about $316,831 at 4% or $211,220 at 6%; with 50% employer match about $211,220 at 4% or $140,814 at 6%; with 100% employer match about $158,415 at 4% or $105,610 at 6%.
200419$1,244,816$117,609$13,068iApproximate average salary by contribution assumption: employee only about $326,692 at 4% or $217,794 at 6%; with 50% employer match about $217,794 at 4% or $145,196 at 6%; with 100% employer match about $163,346 at 4% or $108,897 at 6%.
Herbst Electric Company 401K Profit Sharing Plan-9$1,244,816$117,609$13,068iApproximate average salary by contribution assumption: employee only about $326,692 at 4% or $217,794 at 6%; with 50% employer match about $217,794 at 4% or $145,196 at 6%; with 100% employer match about $163,346 at 4% or $108,897 at 6%.
200329$1,027,873$110,181$12,242iApproximate average salary by contribution assumption: employee only about $306,058 at 4% or $204,039 at 6%; with 50% employer match about $204,039 at 4% or $136,026 at 6%; with 100% employer match about $153,029 at 4% or $102,019 at 6%.
Herbst Electric Company 401K Profit Sharing Plan-9$1,027,873$110,181$12,242iApproximate average salary by contribution assumption: employee only about $306,058 at 4% or $204,039 at 6%; with 50% employer match about $204,039 at 4% or $136,026 at 6%; with 100% employer match about $153,029 at 4% or $102,019 at 6%.
Herbst Electric Company Money Purchase Plan-0---
200228$0$0-
Herbst Electric Company Money Purchase Plan-8---
Herbst Electric Company 401K Profit Sharing Plan-8---
200127$743,615$148,268$21,181iApproximate average salary by contribution assumption: employee only about $529,529 at 4% or $353,019 at 6%; with 50% employer match about $353,019 at 4% or $235,346 at 6%; with 100% employer match about $264,764 at 4% or $176,510 at 6%.
Herbst Electric Company 401K Profit Sharing Plan-7$594,954$112,213$16,030iApproximate average salary by contribution assumption: employee only about $400,761 at 4% or $267,174 at 6%; with 50% employer match about $267,174 at 4% or $178,116 at 6%; with 100% employer match about $200,380 at 4% or $133,587 at 6%.
Herbst Electric Company Money Purchase Plan-7$148,661$36,055$5,151iApproximate average salary by contribution assumption: employee only about $128,768 at 4% or $85,845 at 6%; with 50% employer match about $85,845 at 4% or $57,230 at 6%; with 100% employer match about $64,384 at 4% or $42,923 at 6%.
200027$710,815$137,722$19,675iApproximate average salary by contribution assumption: employee only about $491,864 at 4% or $327,910 at 6%; with 50% employer match about $327,910 at 4% or $218,606 at 6%; with 100% employer match about $245,932 at 4% or $163,955 at 6%.
Herbst Electric Company 401K Profit Sharing Plan-7$570,841$100,789$14,398iApproximate average salary by contribution assumption: employee only about $359,961 at 4% or $239,974 at 6%; with 50% employer match about $239,974 at 4% or $159,983 at 6%; with 100% employer match about $179,980 at 4% or $119,987 at 6%.
Herbst Electric Company Money Purchase Plan-7$139,974$36,933$5,276iApproximate average salary by contribution assumption: employee only about $131,904 at 4% or $87,936 at 6%; with 50% employer match about $87,936 at 4% or $58,624 at 6%; with 100% employer match about $65,952 at 4% or $43,968 at 6%.
199926$671,220$116,289$19,382iApproximate average salary by contribution assumption: employee only about $484,538 at 4% or $323,025 at 6%; with 50% employer match about $323,025 at 4% or $215,350 at 6%; with 100% employer match about $242,269 at 4% or $161,513 at 6%.
Herbst Electric Company 401K Profit Sharing Plan-6$558,702$87,018$14,503iApproximate average salary by contribution assumption: employee only about $362,575 at 4% or $241,717 at 6%; with 50% employer match about $241,717 at 4% or $161,144 at 6%; with 100% employer match about $181,288 at 4% or $120,858 at 6%.
Herbst Electric Company Money Purchase Plan-6$112,518$29,271$4,879iApproximate average salary by contribution assumption: employee only about $121,963 at 4% or $81,308 at 6%; with 50% employer match about $81,308 at 4% or $54,206 at 6%; with 100% employer match about $60,981 at 4% or $40,654 at 6%.