Westmaas Electric Company
Plan context: Westmaas Electric Company Profit Sharing and 401K Plan
EIN 38-2270063 • Grandville, MI • 26 filings • 3 plans
Current Snapshot
Latest Year
2024
2024 Participants
50
2024 Assets
$1,971,244
2024 Contributions
$432,818
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 50 | $1,971,244 | $432,818 | $8,656iApproximate average salary by contribution assumption: employee only about $216,409 at 4% or $144,273 at 6%; with 50% employer match about $144,273 at 4% or $96,182 at 6%; with 100% employer match about $108,205 at 4% or $72,136 at 6%. |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 50 | $1,971,244 | $432,818 | $8,656iApproximate average salary by contribution assumption: employee only about $216,409 at 4% or $144,273 at 6%; with 50% employer match about $144,273 at 4% or $96,182 at 6%; with 100% employer match about $108,205 at 4% or $72,136 at 6%. |
| 2023 | 1 | 44 | $1,837,403 | $101,275 | $2,302iApproximate average salary by contribution assumption: employee only about $57,543 at 4% or $38,362 at 6%; with 50% employer match about $38,362 at 4% or $25,574 at 6%; with 100% employer match about $28,771 at 4% or $19,181 at 6%. |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 44 | $1,837,403 | $101,275 | $2,302iApproximate average salary by contribution assumption: employee only about $57,543 at 4% or $38,362 at 6%; with 50% employer match about $38,362 at 4% or $25,574 at 6%; with 100% employer match about $28,771 at 4% or $19,181 at 6%. |
| 2022 | 1 | 42 | $1,683,858 | $89,417 | $2,129iApproximate average salary by contribution assumption: employee only about $53,224 at 4% or $35,483 at 6%; with 50% employer match about $35,483 at 4% or $23,655 at 6%; with 100% employer match about $26,612 at 4% or $17,741 at 6%. |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 42 | $1,683,858 | $89,417 | $2,129iApproximate average salary by contribution assumption: employee only about $53,224 at 4% or $35,483 at 6%; with 50% employer match about $35,483 at 4% or $23,655 at 6%; with 100% employer match about $26,612 at 4% or $17,741 at 6%. |
| 2021 | 1 | 44 | $1,961,410 | $84,314 | $1,916iApproximate average salary by contribution assumption: employee only about $47,906 at 4% or $31,937 at 6%; with 50% employer match about $31,937 at 4% or $21,291 at 6%; with 100% employer match about $23,953 at 4% or $15,969 at 6%. |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 44 | $1,961,410 | $84,314 | $1,916iApproximate average salary by contribution assumption: employee only about $47,906 at 4% or $31,937 at 6%; with 50% employer match about $31,937 at 4% or $21,291 at 6%; with 100% employer match about $23,953 at 4% or $15,969 at 6%. |
| 2020 | 1 | 42 | $1,605,307 | $84,456 | $2,011iApproximate average salary by contribution assumption: employee only about $50,271 at 4% or $33,514 at 6%; with 50% employer match about $33,514 at 4% or $22,343 at 6%; with 100% employer match about $25,136 at 4% or $16,757 at 6%. |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 42 | $1,605,307 | $84,456 | $2,011iApproximate average salary by contribution assumption: employee only about $50,271 at 4% or $33,514 at 6%; with 50% employer match about $33,514 at 4% or $22,343 at 6%; with 100% employer match about $25,136 at 4% or $16,757 at 6%. |
| 2019 | 1 | 41 | $1,879,695 | $98,270 | $2,397iApproximate average salary by contribution assumption: employee only about $59,921 at 4% or $39,947 at 6%; with 50% employer match about $39,947 at 4% or $26,631 at 6%; with 100% employer match about $29,960 at 4% or $19,974 at 6%. |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 41 | $1,879,695 | $98,270 | $2,397iApproximate average salary by contribution assumption: employee only about $59,921 at 4% or $39,947 at 6%; with 50% employer match about $39,947 at 4% or $26,631 at 6%; with 100% employer match about $29,960 at 4% or $19,974 at 6%. |
| 2018 | 1 | 38 | $1,448,014 | $102,014 | $2,685iApproximate average salary by contribution assumption: employee only about $67,114 at 4% or $44,743 at 6%; with 50% employer match about $44,743 at 4% or $29,829 at 6%; with 100% employer match about $33,557 at 4% or $22,371 at 6%. |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 38 | $1,448,014 | $102,014 | $2,685iApproximate average salary by contribution assumption: employee only about $67,114 at 4% or $44,743 at 6%; with 50% employer match about $44,743 at 4% or $29,829 at 6%; with 100% employer match about $33,557 at 4% or $22,371 at 6%. |
| 2017 | 1 | 38 | $1,463,797 | $80,004 | $2,105iApproximate average salary by contribution assumption: employee only about $52,634 at 4% or $35,089 at 6%; with 50% employer match about $35,089 at 4% or $23,393 at 6%; with 100% employer match about $26,317 at 4% or $17,545 at 6%. |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 38 | $1,463,797 | $80,004 | $2,105iApproximate average salary by contribution assumption: employee only about $52,634 at 4% or $35,089 at 6%; with 50% employer match about $35,089 at 4% or $23,393 at 6%; with 100% employer match about $26,317 at 4% or $17,545 at 6%. |
| 2016 | 1 | 37 | $1,264,982 | $34,517 | $933iApproximate average salary by contribution assumption: employee only about $23,322 at 4% or $15,548 at 6%; with 50% employer match about $15,548 at 4% or $10,365 at 6%; with 100% employer match about $11,661 at 4% or $7,774 at 6%. |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 37 | $1,264,982 | $34,517 | $933iApproximate average salary by contribution assumption: employee only about $23,322 at 4% or $15,548 at 6%; with 50% employer match about $15,548 at 4% or $10,365 at 6%; with 100% employer match about $11,661 at 4% or $7,774 at 6%. |
| 2015 | 1 | 35 | $1,175,417 | $109,822 | $3,138iApproximate average salary by contribution assumption: employee only about $78,444 at 4% or $52,296 at 6%; with 50% employer match about $52,296 at 4% or $34,864 at 6%; with 100% employer match about $39,222 at 4% or $26,148 at 6%. |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 35 | $1,175,417 | $109,822 | $3,138iApproximate average salary by contribution assumption: employee only about $78,444 at 4% or $52,296 at 6%; with 50% employer match about $52,296 at 4% or $34,864 at 6%; with 100% employer match about $39,222 at 4% or $26,148 at 6%. |
| 2014 | 1 | 19 | $1,069,500 | $82,405 | $4,337iApproximate average salary by contribution assumption: employee only about $108,428 at 4% or $72,285 at 6%; with 50% employer match about $72,285 at 4% or $48,190 at 6%; with 100% employer match about $54,214 at 4% or $36,143 at 6%. |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 19 | $1,069,500 | $82,405 | $4,337iApproximate average salary by contribution assumption: employee only about $108,428 at 4% or $72,285 at 6%; with 50% employer match about $72,285 at 4% or $48,190 at 6%; with 100% employer match about $54,214 at 4% or $36,143 at 6%. |
| 2013 | 1 | 21 | $964,487 | $57,489 | $2,738iApproximate average salary by contribution assumption: employee only about $68,439 at 4% or $45,626 at 6%; with 50% employer match about $45,626 at 4% or $30,417 at 6%; with 100% employer match about $34,220 at 4% or $22,813 at 6%. |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 21 | $964,487 | $57,489 | $2,738iApproximate average salary by contribution assumption: employee only about $68,439 at 4% or $45,626 at 6%; with 50% employer match about $45,626 at 4% or $30,417 at 6%; with 100% employer match about $34,220 at 4% or $22,813 at 6%. |
| 2012 | 1 | 18 | $857,022 | $123,131 | $6,841iApproximate average salary by contribution assumption: employee only about $171,015 at 4% or $114,010 at 6%; with 50% employer match about $114,010 at 4% or $76,007 at 6%; with 100% employer match about $85,508 at 4% or $57,005 at 6%. |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 18 | $857,022 | $123,131 | $6,841iApproximate average salary by contribution assumption: employee only about $171,015 at 4% or $114,010 at 6%; with 50% employer match about $114,010 at 4% or $76,007 at 6%; with 100% employer match about $85,508 at 4% or $57,005 at 6%. |
| 2011 | 1 | 17 | $661,885 | $45,314 | $2,666iApproximate average salary by contribution assumption: employee only about $66,638 at 4% or $44,425 at 6%; with 50% employer match about $44,425 at 4% or $29,617 at 6%; with 100% employer match about $33,319 at 4% or $22,213 at 6%. |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 17 | $661,885 | $45,314 | $2,666iApproximate average salary by contribution assumption: employee only about $66,638 at 4% or $44,425 at 6%; with 50% employer match about $44,425 at 4% or $29,617 at 6%; with 100% employer match about $33,319 at 4% or $22,213 at 6%. |
| 2010 | 1 | 21 | $647,765 | $34,711 | $1,653iApproximate average salary by contribution assumption: employee only about $41,323 at 4% or $27,548 at 6%; with 50% employer match about $27,548 at 4% or $18,366 at 6%; with 100% employer match about $20,661 at 4% or $13,774 at 6%. |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 21 | $647,765 | $34,711 | $1,653iApproximate average salary by contribution assumption: employee only about $41,323 at 4% or $27,548 at 6%; with 50% employer match about $27,548 at 4% or $18,366 at 6%; with 100% employer match about $20,661 at 4% or $13,774 at 6%. |
| 2009 | 1 | 24 | $517,793 | $38,697 | $1,612iApproximate average salary by contribution assumption: employee only about $40,309 at 4% or $26,873 at 6%; with 50% employer match about $26,873 at 4% or $17,915 at 6%; with 100% employer match about $20,155 at 4% or $13,436 at 6%. |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 24 | $517,793 | $38,697 | $1,612iApproximate average salary by contribution assumption: employee only about $40,309 at 4% or $26,873 at 6%; with 50% employer match about $26,873 at 4% or $17,915 at 6%; with 100% employer match about $20,155 at 4% or $13,436 at 6%. |
| 2008 | 1 | 29 | $0 | $0 | - |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 29 | - | - | - |
| 2007 | 1 | 25 | $0 | $0 | - |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 25 | - | - | - |
| 2006 | 1 | 23 | $648,628 | $51,473 | $2,238iApproximate average salary by contribution assumption: employee only about $55,949 at 4% or $37,299 at 6%; with 50% employer match about $37,299 at 4% or $24,866 at 6%; with 100% employer match about $27,974 at 4% or $18,650 at 6%. |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 23 | $648,628 | $51,473 | $2,238iApproximate average salary by contribution assumption: employee only about $55,949 at 4% or $37,299 at 6%; with 50% employer match about $37,299 at 4% or $24,866 at 6%; with 100% employer match about $27,974 at 4% or $18,650 at 6%. |
| 2005 | 1 | 20 | $506,523 | $41,063 | $2,053iApproximate average salary by contribution assumption: employee only about $51,329 at 4% or $34,219 at 6%; with 50% employer match about $34,219 at 4% or $22,813 at 6%; with 100% employer match about $25,664 at 4% or $17,110 at 6%. |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 20 | $506,523 | $41,063 | $2,053iApproximate average salary by contribution assumption: employee only about $51,329 at 4% or $34,219 at 6%; with 50% employer match about $34,219 at 4% or $22,813 at 6%; with 100% employer match about $25,664 at 4% or $17,110 at 6%. |
| 2004 | 1 | 21 | $446,099 | $43,866 | $2,089iApproximate average salary by contribution assumption: employee only about $52,221 at 4% or $34,814 at 6%; with 50% employer match about $34,814 at 4% or $23,210 at 6%; with 100% employer match about $26,111 at 4% or $17,407 at 6%. |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 21 | $446,099 | $43,866 | $2,089iApproximate average salary by contribution assumption: employee only about $52,221 at 4% or $34,814 at 6%; with 50% employer match about $34,814 at 4% or $23,210 at 6%; with 100% employer match about $26,111 at 4% or $17,407 at 6%. |
| 2003 | 1 | 31 | $0 | $0 | - |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 31 | - | - | - |
| 2002 | 1 | 21 | $482,576 | $47,863 | $2,279iApproximate average salary by contribution assumption: employee only about $56,980 at 4% or $37,987 at 6%; with 50% employer match about $37,987 at 4% or $25,324 at 6%; with 100% employer match about $28,490 at 4% or $18,993 at 6%. |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 21 | $482,576 | $47,863 | $2,279iApproximate average salary by contribution assumption: employee only about $56,980 at 4% or $37,987 at 6%; with 50% employer match about $37,987 at 4% or $25,324 at 6%; with 100% employer match about $28,490 at 4% or $18,993 at 6%. |
| 2001 | 1 | 28 | $0 | $0 | - |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 28 | - | - | - |
| 2000 | 1 | 22 | $0 | $0 | - |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 22 | - | - | - |
| 1999 | 1 | 21 | $375,839 | $50,957 | $2,427iApproximate average salary by contribution assumption: employee only about $60,663 at 4% or $40,442 at 6%; with 50% employer match about $40,442 at 4% or $26,961 at 6%; with 100% employer match about $30,332 at 4% or $20,221 at 6%. |
| Westmaas Electric Company Profit Sharing and 401K Plan | - | 21 | $375,839 | $50,957 | $2,427iApproximate average salary by contribution assumption: employee only about $60,663 at 4% or $40,442 at 6%; with 50% employer match about $40,442 at 4% or $26,961 at 6%; with 100% employer match about $30,332 at 4% or $20,221 at 6%. |