Civic Intelligence

Merit Electric

Plan context: Merit Electric Safe Harbor 401K Plan

EIN 41-1848285 • St Paul, MN • 19 filings • 1 plans

1272 Point Douglas Road SSt Paul, MN 55119
Current Snapshot

Latest Year

2024

2024 Participants

4

2024 Assets

$1,408,167

2024 Contributions

$106,024

Historical Graphs

Total Assets Over Time

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

$1,408,167$704,084$0200620162024YearValue
$1,408,167Latest year 2024

Participants Over Time

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

530200620152024YearValue
4Latest 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
202414$1,408,167$106,024$26,506iApproximate average salary by contribution assumption: employee only about $662,650 at 4% or $441,767 at 6%; with 50% employer match about $441,767 at 4% or $294,511 at 6%; with 100% employer match about $331,325 at 4% or $220,883 at 6%.
Merit Electric Safe Harbor 401K Plan-4$1,408,167$106,024$26,506iApproximate average salary by contribution assumption: employee only about $662,650 at 4% or $441,767 at 6%; with 50% employer match about $441,767 at 4% or $294,511 at 6%; with 100% employer match about $331,325 at 4% or $220,883 at 6%.
202314$1,119,219$25,908$6,477iApproximate average salary by contribution assumption: employee only about $161,925 at 4% or $107,950 at 6%; with 50% employer match about $107,950 at 4% or $71,967 at 6%; with 100% employer match about $80,963 at 4% or $53,975 at 6%.
Merit Electric Safe Harbor 401K Plan-4$1,119,219$25,908$6,477iApproximate average salary by contribution assumption: employee only about $161,925 at 4% or $107,950 at 6%; with 50% employer match about $107,950 at 4% or $71,967 at 6%; with 100% employer match about $80,963 at 4% or $53,975 at 6%.
202214$880,127$49,522$12,381iApproximate average salary by contribution assumption: employee only about $309,513 at 4% or $206,342 at 6%; with 50% employer match about $206,342 at 4% or $137,561 at 6%; with 100% employer match about $154,756 at 4% or $103,171 at 6%.
Merit Electric Safe Harbor 401K Plan-4$880,127$49,522$12,381iApproximate average salary by contribution assumption: employee only about $309,513 at 4% or $206,342 at 6%; with 50% employer match about $206,342 at 4% or $137,561 at 6%; with 100% employer match about $154,756 at 4% or $103,171 at 6%.
202114$1,124,835$49,222$12,306iApproximate average salary by contribution assumption: employee only about $307,638 at 4% or $205,092 at 6%; with 50% employer match about $205,092 at 4% or $136,728 at 6%; with 100% employer match about $153,819 at 4% or $102,546 at 6%.
Merit Electric Safe Harbor 401K Plan-4$1,124,835$49,222$12,306iApproximate average salary by contribution assumption: employee only about $307,638 at 4% or $205,092 at 6%; with 50% employer match about $205,092 at 4% or $136,728 at 6%; with 100% employer match about $153,819 at 4% or $102,546 at 6%.
202014$948,063$37,354$9,339iApproximate average salary by contribution assumption: employee only about $233,463 at 4% or $155,642 at 6%; with 50% employer match about $155,642 at 4% or $103,761 at 6%; with 100% employer match about $116,731 at 4% or $77,821 at 6%.
Merit Electric Safe Harbor 401K Plan-4$948,063$37,354$9,339iApproximate average salary by contribution assumption: employee only about $233,463 at 4% or $155,642 at 6%; with 50% employer match about $155,642 at 4% or $103,761 at 6%; with 100% employer match about $116,731 at 4% or $77,821 at 6%.
201914$696,521$26,026$6,507iApproximate average salary by contribution assumption: employee only about $162,663 at 4% or $108,442 at 6%; with 50% employer match about $108,442 at 4% or $72,294 at 6%; with 100% employer match about $81,331 at 4% or $54,221 at 6%.
Merit Electric Safe Harbor 401K Plan-4$696,521$26,026$6,507iApproximate average salary by contribution assumption: employee only about $162,663 at 4% or $108,442 at 6%; with 50% employer match about $108,442 at 4% or $72,294 at 6%; with 100% employer match about $81,331 at 4% or $54,221 at 6%.
201814$532,271$62,931$15,733iApproximate average salary by contribution assumption: employee only about $393,319 at 4% or $262,213 at 6%; with 50% employer match about $262,213 at 4% or $174,808 at 6%; with 100% employer match about $196,659 at 4% or $131,106 at 6%.
Merit Electric Safe Harbor 401K Plan-4$532,271$62,931$15,733iApproximate average salary by contribution assumption: employee only about $393,319 at 4% or $262,213 at 6%; with 50% employer match about $262,213 at 4% or $174,808 at 6%; with 100% employer match about $196,659 at 4% or $131,106 at 6%.
201714$495,966$53,573$13,393iApproximate average salary by contribution assumption: employee only about $334,831 at 4% or $223,221 at 6%; with 50% employer match about $223,221 at 4% or $148,814 at 6%; with 100% employer match about $167,416 at 4% or $111,610 at 6%.
Merit Electric Safe Harbor 401K Plan-4$495,966$53,573$13,393iApproximate average salary by contribution assumption: employee only about $334,831 at 4% or $223,221 at 6%; with 50% employer match about $223,221 at 4% or $148,814 at 6%; with 100% employer match about $167,416 at 4% or $111,610 at 6%.
201614$352,814$56,053$14,013iApproximate average salary by contribution assumption: employee only about $350,331 at 4% or $233,554 at 6%; with 50% employer match about $233,554 at 4% or $155,703 at 6%; with 100% employer match about $175,166 at 4% or $116,777 at 6%.
Merit Electric Safe Harbor 401K Plan-4$352,814$56,053$14,013iApproximate average salary by contribution assumption: employee only about $350,331 at 4% or $233,554 at 6%; with 50% employer match about $233,554 at 4% or $155,703 at 6%; with 100% employer match about $175,166 at 4% or $116,777 at 6%.
201514$280,909$45,815$11,454iApproximate average salary by contribution assumption: employee only about $286,344 at 4% or $190,896 at 6%; with 50% employer match about $190,896 at 4% or $127,264 at 6%; with 100% employer match about $143,172 at 4% or $95,448 at 6%.
Merit Electric Safe Harbor 401K Plan-4$280,909$45,815$11,454iApproximate average salary by contribution assumption: employee only about $286,344 at 4% or $190,896 at 6%; with 50% employer match about $190,896 at 4% or $127,264 at 6%; with 100% employer match about $143,172 at 4% or $95,448 at 6%.
201414$261,021$22,647$5,662iApproximate average salary by contribution assumption: employee only about $141,544 at 4% or $94,363 at 6%; with 50% employer match about $94,363 at 4% or $62,908 at 6%; with 100% employer match about $70,772 at 4% or $47,181 at 6%.
Merit Electric Safe Harbor 401K Plan-4$261,021$22,647$5,662iApproximate average salary by contribution assumption: employee only about $141,544 at 4% or $94,363 at 6%; with 50% employer match about $94,363 at 4% or $62,908 at 6%; with 100% employer match about $70,772 at 4% or $47,181 at 6%.
201314$228,098$9,510$2,378iApproximate average salary by contribution assumption: employee only about $59,438 at 4% or $39,625 at 6%; with 50% employer match about $39,625 at 4% or $26,417 at 6%; with 100% employer match about $29,719 at 4% or $19,813 at 6%.
Merit Electric Safe Harbor 401K Plan-4$228,098$9,510$2,378iApproximate average salary by contribution assumption: employee only about $59,438 at 4% or $39,625 at 6%; with 50% employer match about $39,625 at 4% or $26,417 at 6%; with 100% employer match about $29,719 at 4% or $19,813 at 6%.
201214$181,250$20,000$5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%.
Merit Electric Safe Harbor 401K Plan-4$181,250$20,000$5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%.
201115$197,571$0-
Merit Electric Safe Harbor 401K Plan-5$197,571$0-
201015$208,879$2,250$450iApproximate average salary by contribution assumption: employee only about $11,250 at 4% or $7,500 at 6%; with 50% employer match about $7,500 at 4% or $5,000 at 6%; with 100% employer match about $5,625 at 4% or $3,750 at 6%.
Merit Electric Safe Harbor 401K Plan-5$208,879$2,250$450iApproximate average salary by contribution assumption: employee only about $11,250 at 4% or $7,500 at 6%; with 50% employer match about $7,500 at 4% or $5,000 at 6%; with 100% employer match about $5,625 at 4% or $3,750 at 6%.
200915$194,017$5,250$1,050iApproximate average salary by contribution assumption: employee only about $26,250 at 4% or $17,500 at 6%; with 50% employer match about $17,500 at 4% or $11,667 at 6%; with 100% employer match about $13,125 at 4% or $8,750 at 6%.
Merit Electric Safe Harbor 401K Plan-5$194,017$5,250$1,050iApproximate average salary by contribution assumption: employee only about $26,250 at 4% or $17,500 at 6%; with 50% employer match about $17,500 at 4% or $11,667 at 6%; with 100% employer match about $13,125 at 4% or $8,750 at 6%.
200815$0$0-
Merit Electric Safe Harbor 401K Plan-5---
200715$0$0-
Merit Electric Safe Harbor 401K Plan-5---
200613$126,225$119,273$39,758iApproximate average salary by contribution assumption: employee only about $993,942 at 4% or $662,628 at 6%; with 50% employer match about $662,628 at 4% or $441,752 at 6%; with 100% employer match about $496,971 at 4% or $331,314 at 6%.
Merit Electric Safe Harbor 401K Plan-3$126,225$119,273$39,758iApproximate average salary by contribution assumption: employee only about $993,942 at 4% or $662,628 at 6%; with 50% employer match about $662,628 at 4% or $441,752 at 6%; with 100% employer match about $496,971 at 4% or $331,314 at 6%.