Civic Intelligence

Normans Electric Service Inc

Plan context: Normans Electric Inc Profit Sharing Plan

EIN 41-1226593 • Rushford, MN • 24 filings • 11 plans

30595 State Hwy 43 SRushford, MN 55971
Current Snapshot

Latest Year

2023

2023 Participants

13

2023 Assets

$4,113,703

2023 Contributions

$156,732

Historical Graphs

Total Assets Over Time

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

$4,113,703$2,056,852$0199920142023YearValue
$4,113,703Latest year 2023

Participants Over Time

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

1580199920122023YearValue
13Latest year 2023

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
2023113$4,113,703$156,732$12,056iApproximate average salary by contribution assumption: employee only about $301,408 at 4% or $200,938 at 6%; with 50% employer match about $200,938 at 4% or $133,959 at 6%; with 100% employer match about $150,704 at 4% or $100,469 at 6%.
Normans Electric Inc Profit Sharing Plan-13$4,113,703$156,732$12,056iApproximate average salary by contribution assumption: employee only about $301,408 at 4% or $200,938 at 6%; with 50% employer match about $200,938 at 4% or $133,959 at 6%; with 100% employer match about $150,704 at 4% or $100,469 at 6%.
2022113$3,191,147$149,526$11,502iApproximate average salary by contribution assumption: employee only about $287,550 at 4% or $191,700 at 6%; with 50% employer match about $191,700 at 4% or $127,800 at 6%; with 100% employer match about $143,775 at 4% or $95,850 at 6%.
Normans Electric Inc Profit Sharing Plan-13$3,191,147$149,526$11,502iApproximate average salary by contribution assumption: employee only about $287,550 at 4% or $191,700 at 6%; with 50% employer match about $191,700 at 4% or $127,800 at 6%; with 100% employer match about $143,775 at 4% or $95,850 at 6%.
2021115$3,187,528$108,890$7,259iApproximate average salary by contribution assumption: employee only about $181,483 at 4% or $120,989 at 6%; with 50% employer match about $120,989 at 4% or $80,659 at 6%; with 100% employer match about $90,742 at 4% or $60,494 at 6%.
Normans Electric Inc Profit Sharing Plan-15$3,187,528$108,890$7,259iApproximate average salary by contribution assumption: employee only about $181,483 at 4% or $120,989 at 6%; with 50% employer match about $120,989 at 4% or $80,659 at 6%; with 100% employer match about $90,742 at 4% or $60,494 at 6%.
2020114$4,079,192$186,088$13,292iApproximate average salary by contribution assumption: employee only about $332,300 at 4% or $221,533 at 6%; with 50% employer match about $221,533 at 4% or $147,689 at 6%; with 100% employer match about $166,150 at 4% or $110,767 at 6%.
Normans Electric Inc Profit Sharing Plan-14$4,079,192$186,088$13,292iApproximate average salary by contribution assumption: employee only about $332,300 at 4% or $221,533 at 6%; with 50% employer match about $221,533 at 4% or $147,689 at 6%; with 100% employer match about $166,150 at 4% or $110,767 at 6%.
2019113$3,481,764$179,302$13,792iApproximate average salary by contribution assumption: employee only about $344,812 at 4% or $229,874 at 6%; with 50% employer match about $229,874 at 4% or $153,250 at 6%; with 100% employer match about $172,406 at 4% or $114,937 at 6%.
Normans Electric Inc Profit Sharing Plan-13$3,481,764$179,302$13,792iApproximate average salary by contribution assumption: employee only about $344,812 at 4% or $229,874 at 6%; with 50% employer match about $229,874 at 4% or $153,250 at 6%; with 100% employer match about $172,406 at 4% or $114,937 at 6%.
2018114$3,225,170$111,771$7,984iApproximate average salary by contribution assumption: employee only about $199,591 at 4% or $133,061 at 6%; with 50% employer match about $133,061 at 4% or $88,707 at 6%; with 100% employer match about $99,796 at 4% or $66,530 at 6%.
Normans Electric Inc Profit Sharing Plan-14$3,225,170$111,771$7,984iApproximate average salary by contribution assumption: employee only about $199,591 at 4% or $133,061 at 6%; with 50% employer match about $133,061 at 4% or $88,707 at 6%; with 100% employer match about $99,796 at 4% or $66,530 at 6%.
2017114$2,940,709$158,230$11,302iApproximate average salary by contribution assumption: employee only about $282,554 at 4% or $188,369 at 6%; with 50% employer match about $188,369 at 4% or $125,579 at 6%; with 100% employer match about $141,277 at 4% or $94,185 at 6%.
Normans Electric Inc Profit Sharing Plan-14$2,940,709$158,230$11,302iApproximate average salary by contribution assumption: employee only about $282,554 at 4% or $188,369 at 6%; with 50% employer match about $188,369 at 4% or $125,579 at 6%; with 100% employer match about $141,277 at 4% or $94,185 at 6%.
2016114$2,786,140$169,238$12,088iApproximate average salary by contribution assumption: employee only about $302,211 at 4% or $201,474 at 6%; with 50% employer match about $201,474 at 4% or $134,316 at 6%; with 100% employer match about $151,105 at 4% or $100,737 at 6%.
Normans Electric Inc Profit Sharing Plan-14$2,786,140$169,238$12,088iApproximate average salary by contribution assumption: employee only about $302,211 at 4% or $201,474 at 6%; with 50% employer match about $201,474 at 4% or $134,316 at 6%; with 100% employer match about $151,105 at 4% or $100,737 at 6%.
2015114$2,163,224$184,162$13,154iApproximate average salary by contribution assumption: employee only about $328,861 at 4% or $219,240 at 6%; with 50% employer match about $219,240 at 4% or $146,160 at 6%; with 100% employer match about $164,430 at 4% or $109,620 at 6%.
Normans Electric Inc Profit Sharing Plan-14$2,163,224$184,162$13,154iApproximate average salary by contribution assumption: employee only about $328,861 at 4% or $219,240 at 6%; with 50% employer match about $219,240 at 4% or $146,160 at 6%; with 100% employer match about $164,430 at 4% or $109,620 at 6%.
2014112$1,985,712$131,885$10,990iApproximate average salary by contribution assumption: employee only about $274,760 at 4% or $183,174 at 6%; with 50% employer match about $183,174 at 4% or $122,116 at 6%; with 100% employer match about $137,380 at 4% or $91,587 at 6%.
Normans Electric Inc Profit Sharing Plan-12$1,985,712$131,885$10,990iApproximate average salary by contribution assumption: employee only about $274,760 at 4% or $183,174 at 6%; with 50% employer match about $183,174 at 4% or $122,116 at 6%; with 100% employer match about $137,380 at 4% or $91,587 at 6%.
2013112$2,333,243$101,130$8,428iApproximate average salary by contribution assumption: employee only about $210,688 at 4% or $140,458 at 6%; with 50% employer match about $140,458 at 4% or $93,639 at 6%; with 100% employer match about $105,344 at 4% or $70,229 at 6%.
Normans Electric Inc Profit Sharing Plan-12$2,333,243$101,130$8,428iApproximate average salary by contribution assumption: employee only about $210,688 at 4% or $140,458 at 6%; with 50% employer match about $140,458 at 4% or $93,639 at 6%; with 100% employer match about $105,344 at 4% or $70,229 at 6%.
2012113$2,089,694$83,891$6,453iApproximate average salary by contribution assumption: employee only about $161,329 at 4% or $107,553 at 6%; with 50% employer match about $107,553 at 4% or $71,702 at 6%; with 100% employer match about $80,664 at 4% or $53,776 at 6%.
Normans Electric Inc Profit Sharing Plan-13$2,089,694$83,891$6,453iApproximate average salary by contribution assumption: employee only about $161,329 at 4% or $107,553 at 6%; with 50% employer match about $107,553 at 4% or $71,702 at 6%; with 100% employer match about $80,664 at 4% or $53,776 at 6%.
2011112$1,672,432$91,457$7,621iApproximate average salary by contribution assumption: employee only about $190,535 at 4% or $127,024 at 6%; with 50% employer match about $127,024 at 4% or $84,682 at 6%; with 100% employer match about $95,268 at 4% or $63,512 at 6%.
Normans Electric Inc Profit Sharing Plan-12$1,672,432$91,457$7,621iApproximate average salary by contribution assumption: employee only about $190,535 at 4% or $127,024 at 6%; with 50% employer match about $127,024 at 4% or $84,682 at 6%; with 100% employer match about $95,268 at 4% or $63,512 at 6%.
2010112$1,469,354$97,735$8,145iApproximate average salary by contribution assumption: employee only about $203,615 at 4% or $135,743 at 6%; with 50% employer match about $135,743 at 4% or $90,495 at 6%; with 100% employer match about $101,807 at 4% or $67,872 at 6%.
Normans Electric Inc Profit Sharing Plan-12$1,469,354$97,735$8,145iApproximate average salary by contribution assumption: employee only about $203,615 at 4% or $135,743 at 6%; with 50% employer match about $135,743 at 4% or $90,495 at 6%; with 100% employer match about $101,807 at 4% or $67,872 at 6%.
2009113$1,411,618$92,724$7,133iApproximate average salary by contribution assumption: employee only about $178,315 at 4% or $118,877 at 6%; with 50% employer match about $118,877 at 4% or $79,251 at 6%; with 100% employer match about $89,158 at 4% or $59,438 at 6%.
Normans Electric Inc Profit Sharing Plan-13$1,411,618$92,724$7,133iApproximate average salary by contribution assumption: employee only about $178,315 at 4% or $118,877 at 6%; with 50% employer match about $118,877 at 4% or $79,251 at 6%; with 100% employer match about $89,158 at 4% or $59,438 at 6%.
2008111$0$0-
Normans Electric Inc Profit Sharing Plan-11---
2007112$0$0-
Normans Electric Inc Profit Sharing Plan-12---
2006110$1,479,395$77,065$7,707iApproximate average salary by contribution assumption: employee only about $192,663 at 4% or $128,442 at 6%; with 50% employer match about $128,442 at 4% or $85,628 at 6%; with 100% employer match about $96,331 at 4% or $64,221 at 6%.
Normans Electric Inc Profit Sharing Plan-10$1,479,395$77,065$7,707iApproximate average salary by contribution assumption: employee only about $192,663 at 4% or $128,442 at 6%; with 50% employer match about $128,442 at 4% or $85,628 at 6%; with 100% employer match about $96,331 at 4% or $64,221 at 6%.
200418$1,061,466$56,952$7,119iApproximate average salary by contribution assumption: employee only about $177,975 at 4% or $118,650 at 6%; with 50% employer match about $118,650 at 4% or $79,100 at 6%; with 100% employer match about $88,988 at 4% or $59,325 at 6%.
Normans Electric Inc Profit Sharing Plan-8$1,061,466$56,952$7,119iApproximate average salary by contribution assumption: employee only about $177,975 at 4% or $118,650 at 6%; with 50% employer match about $118,650 at 4% or $79,100 at 6%; with 100% employer match about $88,988 at 4% or $59,325 at 6%.
200319$0$0-
Normans Electric Inc Profit Sharing Plan-9---
200217$813,594$52,269$7,467iApproximate average salary by contribution assumption: employee only about $186,675 at 4% or $124,450 at 6%; with 50% employer match about $124,450 at 4% or $82,967 at 6%; with 100% employer match about $93,338 at 4% or $62,225 at 6%.
Normans Electric Inc Profit Sharing Plan-7$813,594$52,269$7,467iApproximate average salary by contribution assumption: employee only about $186,675 at 4% or $124,450 at 6%; with 50% employer match about $124,450 at 4% or $82,967 at 6%; with 100% employer match about $93,338 at 4% or $62,225 at 6%.
200118$0$0-
Normans Electric Inc Profit Sharing Plan-8---
200018$0$0-
NORMANS ELECTRIC SERVICE, INC. PROFIT SHARING 401K PLAN-8---
199918$945,125$43,500$5,438iApproximate average salary by contribution assumption: employee only about $135,938 at 4% or $90,625 at 6%; with 50% employer match about $90,625 at 4% or $60,417 at 6%; with 100% employer match about $67,969 at 4% or $45,313 at 6%.
Normans Electric Inc Profit Sharing Plan-8$945,125$43,500$5,438iApproximate average salary by contribution assumption: employee only about $135,938 at 4% or $90,625 at 6%; with 50% employer match about $90,625 at 4% or $60,417 at 6%; with 100% employer match about $67,969 at 4% or $45,313 at 6%.