Civic Intelligence

Kern Electronics & Lasers Inc.

Plan context: Kern Laser 401(K) Profit Sharing Plan

EIN 41-1773678 • Wadena, MN • 12 filings • 1 plans

1501 Industrial Dr.Wadena, MN 56482
Current Snapshot

Latest Year

2024

2024 Participants

54

2024 Assets

$6,883,175

2024 Contributions

$721,366

Historical Graphs

Total Assets Over Time

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

$6,883,175$3,441,588$0201320192024YearValue
$6,883,175Latest year 2024

Participants Over Time

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

58290201320192024YearValue
54Latest 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
2024154$6,883,175$721,366$13,359iApproximate average salary by contribution assumption: employee only about $333,966 at 4% or $222,644 at 6%; with 50% employer match about $222,644 at 4% or $148,429 at 6%; with 100% employer match about $166,983 at 4% or $111,322 at 6%.
Kern Laser 401(K) Profit Sharing Plan-54$6,883,175$721,366$13,359iApproximate average salary by contribution assumption: employee only about $333,966 at 4% or $222,644 at 6%; with 50% employer match about $222,644 at 4% or $148,429 at 6%; with 100% employer match about $166,983 at 4% or $111,322 at 6%.
2023157$5,418,339$573,051$10,054iApproximate average salary by contribution assumption: employee only about $251,338 at 4% or $167,559 at 6%; with 50% employer match about $167,559 at 4% or $111,706 at 6%; with 100% employer match about $125,669 at 4% or $83,779 at 6%.
Kern Laser 401(K) Profit Sharing Plan-57$5,418,339$573,051$10,054iApproximate average salary by contribution assumption: employee only about $251,338 at 4% or $167,559 at 6%; with 50% employer match about $167,559 at 4% or $111,706 at 6%; with 100% employer match about $125,669 at 4% or $83,779 at 6%.
2022158$4,391,709$547,715$9,443iApproximate average salary by contribution assumption: employee only about $236,084 at 4% or $157,389 at 6%; with 50% employer match about $157,389 at 4% or $104,926 at 6%; with 100% employer match about $118,042 at 4% or $78,695 at 6%.
Kern Laser 401(K) Profit Sharing Plan-58$4,391,709$547,715$9,443iApproximate average salary by contribution assumption: employee only about $236,084 at 4% or $157,389 at 6%; with 50% employer match about $157,389 at 4% or $104,926 at 6%; with 100% employer match about $118,042 at 4% or $78,695 at 6%.
2021153$4,907,974$665,750$12,561iApproximate average salary by contribution assumption: employee only about $314,033 at 4% or $209,355 at 6%; with 50% employer match about $209,355 at 4% or $139,570 at 6%; with 100% employer match about $157,017 at 4% or $104,678 at 6%.
Kern Laser 401(K) Profit Sharing Plan-53$4,907,974$665,750$12,561iApproximate average salary by contribution assumption: employee only about $314,033 at 4% or $209,355 at 6%; with 50% employer match about $209,355 at 4% or $139,570 at 6%; with 100% employer match about $157,017 at 4% or $104,678 at 6%.
2020146$4,264,230$605,858$13,171iApproximate average salary by contribution assumption: employee only about $329,271 at 4% or $219,514 at 6%; with 50% employer match about $219,514 at 4% or $146,343 at 6%; with 100% employer match about $164,635 at 4% or $109,757 at 6%.
Kern Laser 401(K) Profit Sharing Plan-46$4,264,230$605,858$13,171iApproximate average salary by contribution assumption: employee only about $329,271 at 4% or $219,514 at 6%; with 50% employer match about $219,514 at 4% or $146,343 at 6%; with 100% employer match about $164,635 at 4% or $109,757 at 6%.
2019142$3,008,792$420,930$10,022iApproximate average salary by contribution assumption: employee only about $250,554 at 4% or $167,036 at 6%; with 50% employer match about $167,036 at 4% or $111,357 at 6%; with 100% employer match about $125,277 at 4% or $83,518 at 6%.
Kern Laser 401(K) Profit Sharing Plan-42$3,008,792$420,930$10,022iApproximate average salary by contribution assumption: employee only about $250,554 at 4% or $167,036 at 6%; with 50% employer match about $167,036 at 4% or $111,357 at 6%; with 100% employer match about $125,277 at 4% or $83,518 at 6%.
2018142$2,177,352$391,192$9,314iApproximate average salary by contribution assumption: employee only about $232,852 at 4% or $155,235 at 6%; with 50% employer match about $155,235 at 4% or $103,490 at 6%; with 100% employer match about $116,426 at 4% or $77,617 at 6%.
Kern Laser 401(K) Profit Sharing Plan-42$2,177,352$391,192$9,314iApproximate average salary by contribution assumption: employee only about $232,852 at 4% or $155,235 at 6%; with 50% employer match about $155,235 at 4% or $103,490 at 6%; with 100% employer match about $116,426 at 4% or $77,617 at 6%.
2017136$2,159,644$338,743$9,410iApproximate average salary by contribution assumption: employee only about $235,238 at 4% or $156,825 at 6%; with 50% employer match about $156,825 at 4% or $104,550 at 6%; with 100% employer match about $117,619 at 4% or $78,413 at 6%.
Kern Laser 401(K) Profit Sharing Plan-36$2,159,644$338,743$9,410iApproximate average salary by contribution assumption: employee only about $235,238 at 4% or $156,825 at 6%; with 50% employer match about $156,825 at 4% or $104,550 at 6%; with 100% employer match about $117,619 at 4% or $78,413 at 6%.
2016134$1,739,866$265,134$7,798iApproximate average salary by contribution assumption: employee only about $194,951 at 4% or $129,968 at 6%; with 50% employer match about $129,968 at 4% or $86,645 at 6%; with 100% employer match about $97,476 at 4% or $64,984 at 6%.
Kern Laser 401(K) Profit Sharing Plan-34$1,739,866$265,134$7,798iApproximate average salary by contribution assumption: employee only about $194,951 at 4% or $129,968 at 6%; with 50% employer match about $129,968 at 4% or $86,645 at 6%; with 100% employer match about $97,476 at 4% or $64,984 at 6%.
2015132$1,411,435$264,540$8,267iApproximate average salary by contribution assumption: employee only about $206,672 at 4% or $137,781 at 6%; with 50% employer match about $137,781 at 4% or $91,854 at 6%; with 100% employer match about $103,336 at 4% or $68,891 at 6%.
Kern Laser 401(K) Profit Sharing Plan-32$1,411,435$264,540$8,267iApproximate average salary by contribution assumption: employee only about $206,672 at 4% or $137,781 at 6%; with 50% employer match about $137,781 at 4% or $91,854 at 6%; with 100% employer match about $103,336 at 4% or $68,891 at 6%.
2014128$1,181,477$238,599$8,521iApproximate average salary by contribution assumption: employee only about $213,035 at 4% or $142,023 at 6%; with 50% employer match about $142,023 at 4% or $94,682 at 6%; with 100% employer match about $106,517 at 4% or $71,012 at 6%.
Kern Laser 401(K) Profit Sharing Plan-28$1,181,477$238,599$8,521iApproximate average salary by contribution assumption: employee only about $213,035 at 4% or $142,023 at 6%; with 50% employer match about $142,023 at 4% or $94,682 at 6%; with 100% employer match about $106,517 at 4% or $71,012 at 6%.
2013119$1,314,579$1,184,507$62,342iApproximate average salary by contribution assumption: employee only about $1,558,562 at 4% or $1,039,041 at 6%; with 50% employer match about $1,039,041 at 4% or $692,694 at 6%; with 100% employer match about $779,281 at 4% or $519,521 at 6%.
Kern Laser 401(K) Profit Sharing Plan-19$1,314,579$1,184,507$62,342iApproximate average salary by contribution assumption: employee only about $1,558,562 at 4% or $1,039,041 at 6%; with 50% employer match about $1,039,041 at 4% or $692,694 at 6%; with 100% employer match about $779,281 at 4% or $519,521 at 6%.