Civic Intelligence

Teal Electric Company

Plan context: Teal Electric Company Employee'S Profit Sharing Plan

EIN 38-1092980 • Troy, MI • 44 filings • 8 plans

1200 Naughton AveTroy, MI 48083-1931
Current Snapshot

Latest Year

2024

2024 Participants

14

2024 Assets

$4,711,523

2024 Contributions

$19,659

Historical Graphs

Total Assets Over Time

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

$4,711,523$2,355,762$0200020132024YearValue
$4,711,523Latest year 2024

Participants Over Time

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

1680200020132024YearValue
14Latest 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
2024114$4,711,523$19,659$1,404iApproximate average salary by contribution assumption: employee only about $35,105 at 4% or $23,404 at 6%; with 50% employer match about $23,404 at 4% or $15,602 at 6%; with 100% employer match about $17,553 at 4% or $11,702 at 6%.
Teal Electric Company Employee'S Profit Sharing Plan-14$4,711,523$19,659$1,404iApproximate average salary by contribution assumption: employee only about $35,105 at 4% or $23,404 at 6%; with 50% employer match about $23,404 at 4% or $15,602 at 6%; with 100% employer match about $17,553 at 4% or $11,702 at 6%.
2023114$4,379,765$43,512$3,108iApproximate average salary by contribution assumption: employee only about $77,700 at 4% or $51,800 at 6%; with 50% employer match about $51,800 at 4% or $34,533 at 6%; with 100% employer match about $38,850 at 4% or $25,900 at 6%.
Teal Electric Company Employee'S Profit Sharing Plan-14$4,379,765$43,512$3,108iApproximate average salary by contribution assumption: employee only about $77,700 at 4% or $51,800 at 6%; with 50% employer match about $51,800 at 4% or $34,533 at 6%; with 100% employer match about $38,850 at 4% or $25,900 at 6%.
2022114$3,910,666$17,518$1,251iApproximate average salary by contribution assumption: employee only about $31,282 at 4% or $20,855 at 6%; with 50% employer match about $20,855 at 4% or $13,903 at 6%; with 100% employer match about $15,641 at 4% or $10,427 at 6%.
Teal Electric Company Employee'S Profit Sharing Plan-14$3,910,666$17,518$1,251iApproximate average salary by contribution assumption: employee only about $31,282 at 4% or $20,855 at 6%; with 50% employer match about $20,855 at 4% or $13,903 at 6%; with 100% employer match about $15,641 at 4% or $10,427 at 6%.
2021116$4,610,902$32,823$2,051iApproximate average salary by contribution assumption: employee only about $51,286 at 4% or $34,191 at 6%; with 50% employer match about $34,191 at 4% or $22,794 at 6%; with 100% employer match about $25,643 at 4% or $17,095 at 6%.
Teal Electric Company Employee'S Profit Sharing Plan-16$4,610,902$32,823$2,051iApproximate average salary by contribution assumption: employee only about $51,286 at 4% or $34,191 at 6%; with 50% employer match about $34,191 at 4% or $22,794 at 6%; with 100% employer match about $25,643 at 4% or $17,095 at 6%.
2020215$4,310,275$0-
Teal Electric Company Employee'S Profit Sharing Plan-15$4,310,275$0-
Money Purchase Pension Plan of Teal Electric Company-0---
2019210$3,906,679$15,101$1,510iApproximate average salary by contribution assumption: employee only about $37,753 at 4% or $25,168 at 6%; with 50% employer match about $25,168 at 4% or $16,779 at 6%; with 100% employer match about $18,876 at 4% or $12,584 at 6%.
Teal Electric Company Employee'S Profit Sharing Plan-10$2,282,527--
Money Purchase Pension Plan of Teal Electric Company-10$1,624,152$15,101$1,510iApproximate average salary by contribution assumption: employee only about $37,753 at 4% or $25,168 at 6%; with 50% employer match about $25,168 at 4% or $16,779 at 6%; with 100% employer match about $18,876 at 4% or $12,584 at 6%.
2018211$3,544,207$18,687$1,699iApproximate average salary by contribution assumption: employee only about $42,470 at 4% or $28,314 at 6%; with 50% employer match about $28,314 at 4% or $18,876 at 6%; with 100% employer match about $21,235 at 4% or $14,157 at 6%.
Teal Electric Company Employee'S Profit Sharing Plan-11$2,065,193--
Money Purchase Pension Plan of Teal Electric Company-11$1,479,014$18,687$1,699iApproximate average salary by contribution assumption: employee only about $42,470 at 4% or $28,314 at 6%; with 50% employer match about $28,314 at 4% or $18,876 at 6%; with 100% employer match about $21,235 at 4% or $14,157 at 6%.
2017211$3,895,146$17,856$1,623iApproximate average salary by contribution assumption: employee only about $40,582 at 4% or $27,055 at 6%; with 50% employer match about $27,055 at 4% or $18,036 at 6%; with 100% employer match about $20,291 at 4% or $13,527 at 6%.
Teal Electric Company Employee'S Profit Sharing Plan-11$2,283,279--
Money Purchase Pension Plan of Teal Electric Company-11$1,611,867$17,856$1,623iApproximate average salary by contribution assumption: employee only about $40,582 at 4% or $27,055 at 6%; with 50% employer match about $27,055 at 4% or $18,036 at 6%; with 100% employer match about $20,291 at 4% or $13,527 at 6%.
2016211$3,596,628$17,233$1,567iApproximate average salary by contribution assumption: employee only about $39,166 at 4% or $26,111 at 6%; with 50% employer match about $26,111 at 4% or $17,407 at 6%; with 100% employer match about $19,583 at 4% or $13,055 at 6%.
Teal Electric Company Employee'S Profit Sharing Plan-11$2,119,435--
Money Purchase Pension Plan of Teal Electric Company-11$1,477,193$17,233$1,567iApproximate average salary by contribution assumption: employee only about $39,166 at 4% or $26,111 at 6%; with 50% employer match about $26,111 at 4% or $17,407 at 6%; with 100% employer match about $19,583 at 4% or $13,055 at 6%.
2015212$3,502,787$18,505$1,542iApproximate average salary by contribution assumption: employee only about $38,552 at 4% or $25,701 at 6%; with 50% employer match about $25,701 at 4% or $17,134 at 6%; with 100% employer match about $19,276 at 4% or $12,851 at 6%.
Teal Electric Company Employee'S Profit Sharing Plan-12$2,075,571--
Money Purchase Pension Plan of Teal Electric Company-12$1,427,216$18,505$1,542iApproximate average salary by contribution assumption: employee only about $38,552 at 4% or $25,701 at 6%; with 50% employer match about $25,701 at 4% or $17,134 at 6%; with 100% employer match about $19,276 at 4% or $12,851 at 6%.
2014212$3,669,122$18,533$1,544iApproximate average salary by contribution assumption: employee only about $38,610 at 4% or $25,740 at 6%; with 50% employer match about $25,740 at 4% or $17,160 at 6%; with 100% employer match about $19,305 at 4% or $12,870 at 6%.
Teal Electric Company Employee'S Profit Sharing Plan-12$2,188,401--
Money Purchase Pension Plan of Teal Electric Company-12$1,480,721$18,533$1,544iApproximate average salary by contribution assumption: employee only about $38,610 at 4% or $25,740 at 6%; with 50% employer match about $25,740 at 4% or $17,160 at 6%; with 100% employer match about $19,305 at 4% or $12,870 at 6%.
2013212$3,612,970$18,354$1,530iApproximate average salary by contribution assumption: employee only about $38,238 at 4% or $25,492 at 6%; with 50% employer match about $25,492 at 4% or $16,994 at 6%; with 100% employer match about $19,119 at 4% or $12,746 at 6%.
Teal Electric Company Employee'S Profit Sharing Plan-12$2,167,002--
Money Purchase Pension Plan of Teal Electric Company-12$1,445,968$18,354$1,530iApproximate average salary by contribution assumption: employee only about $38,238 at 4% or $25,492 at 6%; with 50% employer match about $25,492 at 4% or $16,994 at 6%; with 100% employer match about $19,119 at 4% or $12,746 at 6%.
2012213$3,268,341$20,950$1,612iApproximate average salary by contribution assumption: employee only about $40,288 at 4% or $26,859 at 6%; with 50% employer match about $26,859 at 4% or $17,906 at 6%; with 100% employer match about $20,144 at 4% or $13,429 at 6%.
Teal Electric Company Employee'S Profit Sharing Plan-13$1,970,376--
Money Purchase Pension Plan of Teal Electric Company-13$1,297,965$20,950$1,612iApproximate average salary by contribution assumption: employee only about $40,288 at 4% or $26,859 at 6%; with 50% employer match about $26,859 at 4% or $17,906 at 6%; with 100% employer match about $20,144 at 4% or $13,429 at 6%.
2011213$2,978,561$43,746$3,365iApproximate average salary by contribution assumption: employee only about $84,127 at 4% or $56,085 at 6%; with 50% employer match about $56,085 at 4% or $37,390 at 6%; with 100% employer match about $42,063 at 4% or $28,042 at 6%.
Teal Electric Company Employee'S Profit Sharing Plan-13$1,807,844$25,000$1,923iApproximate average salary by contribution assumption: employee only about $48,077 at 4% or $32,051 at 6%; with 50% employer match about $32,051 at 4% or $21,368 at 6%; with 100% employer match about $24,038 at 4% or $16,026 at 6%.
Money Purchase Pension Plan of Teal Electric Company-13$1,170,717$18,746$1,442iApproximate average salary by contribution assumption: employee only about $36,050 at 4% or $24,033 at 6%; with 50% employer match about $24,033 at 4% or $16,022 at 6%; with 100% employer match about $18,025 at 4% or $12,017 at 6%.
2010213$3,072,265$16,076$1,237iApproximate average salary by contribution assumption: employee only about $30,915 at 4% or $20,610 at 6%; with 50% employer match about $20,610 at 4% or $13,740 at 6%; with 100% employer match about $15,458 at 4% or $10,305 at 6%.
Teal Electric Company Employee'S Profit Sharing Plan-13$1,865,467--
Money Purchase Pension Plan of Teal Electric Company-13$1,206,798$16,076$1,237iApproximate average salary by contribution assumption: employee only about $30,915 at 4% or $20,610 at 6%; with 50% employer match about $20,610 at 4% or $13,740 at 6%; with 100% employer match about $15,458 at 4% or $10,305 at 6%.
2009214$2,768,233$15,995$1,143iApproximate average salary by contribution assumption: employee only about $28,563 at 4% or $19,042 at 6%; with 50% employer match about $19,042 at 4% or $12,694 at 6%; with 100% employer match about $14,281 at 4% or $9,521 at 6%.
Teal Electric Company Employee'S Profit Sharing Plan-13$1,689,575--
Money Purchase Pension Plan of Teal Electric Company-14$1,078,658$15,995$1,143iApproximate average salary by contribution assumption: employee only about $28,563 at 4% or $19,042 at 6%; with 50% employer match about $19,042 at 4% or $12,694 at 6%; with 100% employer match about $14,281 at 4% or $9,521 at 6%.
2008213$2,347,181$17,043$1,311iApproximate average salary by contribution assumption: employee only about $32,775 at 4% or $21,850 at 6%; with 50% employer match about $21,850 at 4% or $14,567 at 6%; with 100% employer match about $16,388 at 4% or $10,925 at 6%.
Teal Electric Company Employee'S Profit Sharing Plan-13$1,442,347--
Money Purchase Pension Plan of Teal Electric Company-13$904,834$17,043$1,311iApproximate average salary by contribution assumption: employee only about $32,775 at 4% or $21,850 at 6%; with 50% employer match about $21,850 at 4% or $14,567 at 6%; with 100% employer match about $16,388 at 4% or $10,925 at 6%.
2007214$0$0-
Teal Electric Company Employee'S Profit Sharing Plan-14---
Money Purchase Pension Plan of Teal Electric Company-14---
2006214$2,967,649$41,561$2,969iApproximate average salary by contribution assumption: employee only about $74,216 at 4% or $49,477 at 6%; with 50% employer match about $49,477 at 4% or $32,985 at 6%; with 100% employer match about $37,108 at 4% or $24,739 at 6%.
Teal Electric Company Employee'S Profit Sharing Plan-14$1,836,154$25,000$1,786iApproximate average salary by contribution assumption: employee only about $44,643 at 4% or $29,762 at 6%; with 50% employer match about $29,762 at 4% or $19,841 at 6%; with 100% employer match about $22,321 at 4% or $14,881 at 6%.
Money Purchase Pension Plan of Teal Electric Company-14$1,131,495$16,561$1,183iApproximate average salary by contribution assumption: employee only about $29,573 at 4% or $19,715 at 6%; with 50% employer match about $19,715 at 4% or $13,144 at 6%; with 100% employer match about $14,787 at 4% or $9,858 at 6%.
2005214$2,784,653$79,246$5,660iApproximate average salary by contribution assumption: employee only about $141,511 at 4% or $94,340 at 6%; with 50% employer match about $94,340 at 4% or $62,894 at 6%; with 100% employer match about $70,755 at 4% or $47,170 at 6%.
Teal Electric Company Employee'S Profit Sharing Plan-14$1,723,690$60,000$4,286iApproximate average salary by contribution assumption: employee only about $107,143 at 4% or $71,429 at 6%; with 50% employer match about $71,429 at 4% or $47,619 at 6%; with 100% employer match about $53,571 at 4% or $35,714 at 6%.
Money Purchase Pension Plan of Teal Electric Company-14$1,060,963$19,246$1,375iApproximate average salary by contribution assumption: employee only about $34,368 at 4% or $22,912 at 6%; with 50% employer match about $22,912 at 4% or $15,275 at 6%; with 100% employer match about $17,184 at 4% or $11,456 at 6%.
2004214$2,642,729$32,844$2,346iApproximate average salary by contribution assumption: employee only about $58,650 at 4% or $39,100 at 6%; with 50% employer match about $39,100 at 4% or $26,067 at 6%; with 100% employer match about $29,325 at 4% or $19,550 at 6%.
Teal Electric Company Employee'S Profit Sharing Plan-14$1,625,321$18,000$1,286iApproximate average salary by contribution assumption: employee only about $32,143 at 4% or $21,429 at 6%; with 50% employer match about $21,429 at 4% or $14,286 at 6%; with 100% employer match about $16,071 at 4% or $10,714 at 6%.
Money Purchase Pension Plan of Teal Electric Company-14$1,017,408$14,844$1,060iApproximate average salary by contribution assumption: employee only about $26,507 at 4% or $17,671 at 6%; with 50% employer match about $17,671 at 4% or $11,781 at 6%; with 100% employer match about $13,254 at 4% or $8,836 at 6%.
2003210$2,454,771$12,565$1,257iApproximate average salary by contribution assumption: employee only about $31,413 at 4% or $20,942 at 6%; with 50% employer match about $20,942 at 4% or $13,961 at 6%; with 100% employer match about $15,706 at 4% or $10,471 at 6%.
Teal Electric Company Employee'S Profit Sharing Plan-10$1,511,996--
Money Purchase Pension Plan of Teal Electric Company-10$942,775$12,565$1,257iApproximate average salary by contribution assumption: employee only about $31,413 at 4% or $20,942 at 6%; with 50% employer match about $20,942 at 4% or $13,961 at 6%; with 100% employer match about $15,706 at 4% or $10,471 at 6%.
2002212$2,473,724$15,515$1,293iApproximate average salary by contribution assumption: employee only about $32,323 at 4% or $21,549 at 6%; with 50% employer match about $21,549 at 4% or $14,366 at 6%; with 100% employer match about $16,161 at 4% or $10,774 at 6%.
Teal Electric Company Employee'S Profit Sharing Plan-12$1,583,927--
Money Purchase Pension Plan of Teal Electric Company-12$889,797$15,515$1,293iApproximate average salary by contribution assumption: employee only about $32,323 at 4% or $21,549 at 6%; with 50% employer match about $21,549 at 4% or $14,366 at 6%; with 100% employer match about $16,161 at 4% or $10,774 at 6%.
2000214$2,957,910$35,845$2,560iApproximate average salary by contribution assumption: employee only about $64,009 at 4% or $42,673 at 6%; with 50% employer match about $42,673 at 4% or $28,448 at 6%; with 100% employer match about $32,004 at 4% or $21,336 at 6%.
Teal Electric Company Employee'S Profit Sharing Plan-14$1,905,047$16,985$1,213iApproximate average salary by contribution assumption: employee only about $30,330 at 4% or $20,220 at 6%; with 50% employer match about $20,220 at 4% or $13,480 at 6%; with 100% employer match about $15,165 at 4% or $10,110 at 6%.
Money Purchase Pension Plan of Teal Electric Company-14$1,052,863$18,860$1,347iApproximate average salary by contribution assumption: employee only about $33,679 at 4% or $22,452 at 6%; with 50% employer match about $22,452 at 4% or $14,968 at 6%; with 100% employer match about $16,839 at 4% or $11,226 at 6%.