Civic Intelligence

Ben Franklin Electric Inc.

Plan context: Ben Franklin Electric Inc. 401(K) Plan and Trust

EIN 41-1361780 • Burnsville, MN • 21 filings • 3 plans

1305 Larc Industrial Blvd.Burnsville, MN 55337
Current Snapshot

Latest Year

2021

2021 Participants

4

2021 Assets

$150,604

2021 Contributions

$278

Historical Graphs

Total Assets Over Time

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

$419,836$209,918$0200120112020YearValue
$150,604Latest year 2020

Participants Over Time

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

1470200120112020YearValue
4Latest 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
202110$0$278-
Ben Franklin Electric Inc. 401(K) Plan and Trust-0$0$278-
202014$150,604$9,662$2,416iApproximate average salary by contribution assumption: employee only about $60,388 at 4% or $40,258 at 6%; with 50% employer match about $40,258 at 4% or $26,839 at 6%; with 100% employer match about $30,194 at 4% or $20,129 at 6%.
Ben Franklin Electric Inc. 401(K) Plan and Trust-4$150,604$9,662$2,416iApproximate average salary by contribution assumption: employee only about $60,388 at 4% or $40,258 at 6%; with 50% employer match about $40,258 at 4% or $26,839 at 6%; with 100% employer match about $30,194 at 4% or $20,129 at 6%.
201913$136,106$1,435$478iApproximate average salary by contribution assumption: employee only about $11,958 at 4% or $7,972 at 6%; with 50% employer match about $7,972 at 4% or $5,315 at 6%; with 100% employer match about $5,979 at 4% or $3,986 at 6%.
Ben Franklin Electric Inc. 401(K) Plan and Trust-3$136,106$1,435$478iApproximate average salary by contribution assumption: employee only about $11,958 at 4% or $7,972 at 6%; with 50% employer match about $7,972 at 4% or $5,315 at 6%; with 100% employer match about $5,979 at 4% or $3,986 at 6%.
201813$115,231$399$133iApproximate average salary by contribution assumption: employee only about $3,325 at 4% or $2,217 at 6%; with 50% employer match about $2,217 at 4% or $1,478 at 6%; with 100% employer match about $1,663 at 4% or $1,108 at 6%.
Ben Franklin Electric Inc. 401(K) Plan and Trust-3$115,231$399$133iApproximate average salary by contribution assumption: employee only about $3,325 at 4% or $2,217 at 6%; with 50% employer match about $2,217 at 4% or $1,478 at 6%; with 100% employer match about $1,663 at 4% or $1,108 at 6%.
201714$332,398$279$70iApproximate average salary by contribution assumption: employee only about $1,744 at 4% or $1,163 at 6%; with 50% employer match about $1,163 at 4% or $775 at 6%; with 100% employer match about $872 at 4% or $581 at 6%.
Ben Franklin Electric Inc. 401(K) Plan and Trust-4$332,398$279$70iApproximate average salary by contribution assumption: employee only about $1,744 at 4% or $1,163 at 6%; with 50% employer match about $1,163 at 4% or $775 at 6%; with 100% employer match about $872 at 4% or $581 at 6%.
201614$281,093$5,605$1,401iApproximate average salary by contribution assumption: employee only about $35,031 at 4% or $23,354 at 6%; with 50% employer match about $23,354 at 4% or $15,569 at 6%; with 100% employer match about $17,516 at 4% or $11,677 at 6%.
Ben Franklin Electric Inc. 401(K) Plan and Trust-4$281,093$5,605$1,401iApproximate average salary by contribution assumption: employee only about $35,031 at 4% or $23,354 at 6%; with 50% employer match about $23,354 at 4% or $15,569 at 6%; with 100% employer match about $17,516 at 4% or $11,677 at 6%.
201514$260,021$4,160$1,040iApproximate average salary by contribution assumption: employee only about $26,000 at 4% or $17,333 at 6%; with 50% employer match about $17,333 at 4% or $11,556 at 6%; with 100% employer match about $13,000 at 4% or $8,667 at 6%.
Ben Franklin Electric Inc. 401(K) Plan and Trust-4$260,021$4,160$1,040iApproximate average salary by contribution assumption: employee only about $26,000 at 4% or $17,333 at 6%; with 50% employer match about $17,333 at 4% or $11,556 at 6%; with 100% employer match about $13,000 at 4% or $8,667 at 6%.
201414$251,518$7,532$1,883iApproximate average salary by contribution assumption: employee only about $47,075 at 4% or $31,383 at 6%; with 50% employer match about $31,383 at 4% or $20,922 at 6%; with 100% employer match about $23,538 at 4% or $15,692 at 6%.
Ben Franklin Electric Inc. 401(K) Plan and Trust-4$251,518$7,532$1,883iApproximate average salary by contribution assumption: employee only about $47,075 at 4% or $31,383 at 6%; with 50% employer match about $31,383 at 4% or $20,922 at 6%; with 100% employer match about $23,538 at 4% or $15,692 at 6%.
201316$419,836$6,452$1,075iApproximate average salary by contribution assumption: employee only about $26,883 at 4% or $17,922 at 6%; with 50% employer match about $17,922 at 4% or $11,948 at 6%; with 100% employer match about $13,442 at 4% or $8,961 at 6%.
Ben Franklin Electric Inc. 401(K) Plan and Trust-6$419,836$6,452$1,075iApproximate average salary by contribution assumption: employee only about $26,883 at 4% or $17,922 at 6%; with 50% employer match about $17,922 at 4% or $11,948 at 6%; with 100% employer match about $13,442 at 4% or $8,961 at 6%.
201216$417,590$1,590$265iApproximate average salary by contribution assumption: employee only about $6,625 at 4% or $4,417 at 6%; with 50% employer match about $4,417 at 4% or $2,944 at 6%; with 100% employer match about $3,313 at 4% or $2,208 at 6%.
Ben Franklin Electric Inc. 401(K) Plan and Trust-6$417,590$1,590$265iApproximate average salary by contribution assumption: employee only about $6,625 at 4% or $4,417 at 6%; with 50% employer match about $4,417 at 4% or $2,944 at 6%; with 100% employer match about $3,313 at 4% or $2,208 at 6%.
201116$372,155$18,310$3,052iApproximate average salary by contribution assumption: employee only about $76,292 at 4% or $50,861 at 6%; with 50% employer match about $50,861 at 4% or $33,907 at 6%; with 100% employer match about $38,146 at 4% or $25,431 at 6%.
Ben Franklin Electric Inc. 401(K) Plan and Trust-6$372,155$18,310$3,052iApproximate average salary by contribution assumption: employee only about $76,292 at 4% or $50,861 at 6%; with 50% employer match about $50,861 at 4% or $33,907 at 6%; with 100% employer match about $38,146 at 4% or $25,431 at 6%.
201017$358,641$17,026$2,432iApproximate average salary by contribution assumption: employee only about $60,807 at 4% or $40,538 at 6%; with 50% employer match about $40,538 at 4% or $27,025 at 6%; with 100% employer match about $30,404 at 4% or $20,269 at 6%.
Ben Franklin Electric Inc. 401(K) Plan and Trust-7$358,641$17,026$2,432iApproximate average salary by contribution assumption: employee only about $60,807 at 4% or $40,538 at 6%; with 50% employer match about $40,538 at 4% or $27,025 at 6%; with 100% employer match about $30,404 at 4% or $20,269 at 6%.
200917$301,587$13,758$1,965iApproximate average salary by contribution assumption: employee only about $49,136 at 4% or $32,757 at 6%; with 50% employer match about $32,757 at 4% or $21,838 at 6%; with 100% employer match about $24,568 at 4% or $16,379 at 6%.
Ben Franklin Electric Inc. 401(K) Plan and Trust-7$301,587$13,758$1,965iApproximate average salary by contribution assumption: employee only about $49,136 at 4% or $32,757 at 6%; with 50% employer match about $32,757 at 4% or $21,838 at 6%; with 100% employer match about $24,568 at 4% or $16,379 at 6%.
2008113$237,190$24,524$1,886iApproximate average salary by contribution assumption: employee only about $47,162 at 4% or $31,441 at 6%; with 50% employer match about $31,441 at 4% or $20,961 at 6%; with 100% employer match about $23,581 at 4% or $15,721 at 6%.
Ben Franklin Electric Inc. 401(K) Plan and Trust-13$237,190$24,524$1,886iApproximate average salary by contribution assumption: employee only about $47,162 at 4% or $31,441 at 6%; with 50% employer match about $31,441 at 4% or $20,961 at 6%; with 100% employer match about $23,581 at 4% or $15,721 at 6%.
2007113$303,403$23,953$1,843iApproximate average salary by contribution assumption: employee only about $46,063 at 4% or $30,709 at 6%; with 50% employer match about $30,709 at 4% or $20,473 at 6%; with 100% employer match about $23,032 at 4% or $15,354 at 6%.
Ben Franklin Electric Inc. 401(K) Plan and Trust-13$303,403$23,953$1,843iApproximate average salary by contribution assumption: employee only about $46,063 at 4% or $30,709 at 6%; with 50% employer match about $30,709 at 4% or $20,473 at 6%; with 100% employer match about $23,032 at 4% or $15,354 at 6%.
2006113$332,278$23,443$1,803iApproximate average salary by contribution assumption: employee only about $45,083 at 4% or $30,055 at 6%; with 50% employer match about $30,055 at 4% or $20,037 at 6%; with 100% employer match about $22,541 at 4% or $15,028 at 6%.
Ben Franklin Electric Inc. 401(K) Plan and Trust-13$332,278$23,443$1,803iApproximate average salary by contribution assumption: employee only about $45,083 at 4% or $30,055 at 6%; with 50% employer match about $30,055 at 4% or $20,037 at 6%; with 100% employer match about $22,541 at 4% or $15,028 at 6%.
2005111$271,317$17,760$1,615iApproximate average salary by contribution assumption: employee only about $40,364 at 4% or $26,909 at 6%; with 50% employer match about $26,909 at 4% or $17,939 at 6%; with 100% employer match about $20,182 at 4% or $13,455 at 6%.
Ben Franklin Electric Inc. 401(K) Plan and Trust-11$271,317$17,760$1,615iApproximate average salary by contribution assumption: employee only about $40,364 at 4% or $26,909 at 6%; with 50% employer match about $26,909 at 4% or $17,939 at 6%; with 100% employer match about $20,182 at 4% or $13,455 at 6%.
200418$237,345$15,710$1,964iApproximate average salary by contribution assumption: employee only about $49,094 at 4% or $32,729 at 6%; with 50% employer match about $32,729 at 4% or $21,819 at 6%; with 100% employer match about $24,547 at 4% or $16,365 at 6%.
Ben Franklin Electric Inc. 401(K) Plan and Trust-8$237,345$15,710$1,964iApproximate average salary by contribution assumption: employee only about $49,094 at 4% or $32,729 at 6%; with 50% employer match about $32,729 at 4% or $21,819 at 6%; with 100% employer match about $24,547 at 4% or $16,365 at 6%.
2003112$198,789$40,440$3,370iApproximate average salary by contribution assumption: employee only about $84,250 at 4% or $56,167 at 6%; with 50% employer match about $56,167 at 4% or $37,444 at 6%; with 100% employer match about $42,125 at 4% or $28,083 at 6%.
Ben Franklin Electric Inc. 401(K) Plan and Trust-12$198,789$40,440$3,370iApproximate average salary by contribution assumption: employee only about $84,250 at 4% or $56,167 at 6%; with 50% employer match about $56,167 at 4% or $37,444 at 6%; with 100% employer match about $42,125 at 4% or $28,083 at 6%.
2002114$127,548$29,875$2,134iApproximate average salary by contribution assumption: employee only about $53,348 at 4% or $35,565 at 6%; with 50% employer match about $35,565 at 4% or $23,710 at 6%; with 100% employer match about $26,674 at 4% or $17,783 at 6%.
Ben Franklin Electric Inc. 401(K) Plan and Trust-14$127,548$29,875$2,134iApproximate average salary by contribution assumption: employee only about $53,348 at 4% or $35,565 at 6%; with 50% employer match about $35,565 at 4% or $23,710 at 6%; with 100% employer match about $26,674 at 4% or $17,783 at 6%.
200119$183,071$30,489$3,388iApproximate average salary by contribution assumption: employee only about $84,692 at 4% or $56,461 at 6%; with 50% employer match about $56,461 at 4% or $37,641 at 6%; with 100% employer match about $42,346 at 4% or $28,231 at 6%.
Ben Franklin Electric Inc. 401(K) Plan and Trust-9$183,071$30,489$3,388iApproximate average salary by contribution assumption: employee only about $84,692 at 4% or $56,461 at 6%; with 50% employer match about $56,461 at 4% or $37,641 at 6%; with 100% employer match about $42,346 at 4% or $28,231 at 6%.