Civic Intelligence

Shah Business Development Corporation

Plan context: Shah Corporation 401(K) Plan

EIN 41-1929531 • Burnsville, MN • 14 filings • 1 plans

414 Gateway BlvdBurnsville, MN 55337
Current Snapshot

Latest Year

2024

2024 Participants

16

2024 Assets

$1,289,526

2024 Contributions

$147,021

Historical Graphs

Total Assets Over Time

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

$1,289,526$644,763$0201220182024YearValue
$1,289,526Latest year 2024

Participants Over Time

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

1890201220182024YearValue
16Latest 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
2024116$1,289,526$147,021$9,189iApproximate average salary by contribution assumption: employee only about $229,720 at 4% or $153,147 at 6%; with 50% employer match about $153,147 at 4% or $102,098 at 6%; with 100% employer match about $114,860 at 4% or $76,573 at 6%.
Shah Corporation 401(K) Plan-16$1,289,526$147,021$9,189iApproximate average salary by contribution assumption: employee only about $229,720 at 4% or $153,147 at 6%; with 50% employer match about $153,147 at 4% or $102,098 at 6%; with 100% employer match about $114,860 at 4% or $76,573 at 6%.
2023114$1,034,443$137,136$9,795iApproximate average salary by contribution assumption: employee only about $244,886 at 4% or $163,257 at 6%; with 50% employer match about $163,257 at 4% or $108,838 at 6%; with 100% employer match about $122,443 at 4% or $81,629 at 6%.
Shah Corporation 401(K) Plan-14$1,034,443$137,136$9,795iApproximate average salary by contribution assumption: employee only about $244,886 at 4% or $163,257 at 6%; with 50% employer match about $163,257 at 4% or $108,838 at 6%; with 100% employer match about $122,443 at 4% or $81,629 at 6%.
2022118$769,761$103,824$5,768iApproximate average salary by contribution assumption: employee only about $144,200 at 4% or $96,133 at 6%; with 50% employer match about $96,133 at 4% or $64,089 at 6%; with 100% employer match about $72,100 at 4% or $48,067 at 6%.
Shah Corporation 401(K) Plan-18$769,761$103,824$5,768iApproximate average salary by contribution assumption: employee only about $144,200 at 4% or $96,133 at 6%; with 50% employer match about $96,133 at 4% or $64,089 at 6%; with 100% employer match about $72,100 at 4% or $48,067 at 6%.
2021110$811,601$90,452$9,045iApproximate average salary by contribution assumption: employee only about $226,130 at 4% or $150,753 at 6%; with 50% employer match about $150,753 at 4% or $100,502 at 6%; with 100% employer match about $113,065 at 4% or $75,377 at 6%.
Shah Corporation 401(K) Plan-10$811,601$90,452$9,045iApproximate average salary by contribution assumption: employee only about $226,130 at 4% or $150,753 at 6%; with 50% employer match about $150,753 at 4% or $100,502 at 6%; with 100% employer match about $113,065 at 4% or $75,377 at 6%.
2020110$651,403$92,300$9,230iApproximate average salary by contribution assumption: employee only about $230,750 at 4% or $153,833 at 6%; with 50% employer match about $153,833 at 4% or $102,556 at 6%; with 100% employer match about $115,375 at 4% or $76,917 at 6%.
Shah Corporation 401(K) Plan-10$651,403$92,300$9,230iApproximate average salary by contribution assumption: employee only about $230,750 at 4% or $153,833 at 6%; with 50% employer match about $153,833 at 4% or $102,556 at 6%; with 100% employer match about $115,375 at 4% or $76,917 at 6%.
201918$498,155$68,377$8,547iApproximate average salary by contribution assumption: employee only about $213,678 at 4% or $142,452 at 6%; with 50% employer match about $142,452 at 4% or $94,968 at 6%; with 100% employer match about $106,839 at 4% or $71,226 at 6%.
Shah Corporation 401(K) Plan-8$498,155$68,377$8,547iApproximate average salary by contribution assumption: employee only about $213,678 at 4% or $142,452 at 6%; with 50% employer match about $142,452 at 4% or $94,968 at 6%; with 100% employer match about $106,839 at 4% or $71,226 at 6%.
201816$350,269$45,462$7,577iApproximate average salary by contribution assumption: employee only about $189,425 at 4% or $126,283 at 6%; with 50% employer match about $126,283 at 4% or $84,189 at 6%; with 100% employer match about $94,713 at 4% or $63,142 at 6%.
Shah Corporation 401(K) Plan-6$350,269$45,462$7,577iApproximate average salary by contribution assumption: employee only about $189,425 at 4% or $126,283 at 6%; with 50% employer match about $126,283 at 4% or $84,189 at 6%; with 100% employer match about $94,713 at 4% or $63,142 at 6%.
201715$344,541$38,726$7,745iApproximate average salary by contribution assumption: employee only about $193,630 at 4% or $129,087 at 6%; with 50% employer match about $129,087 at 4% or $86,058 at 6%; with 100% employer match about $96,815 at 4% or $64,543 at 6%.
Shah Corporation 401(K) Plan-5$344,541$38,726$7,745iApproximate average salary by contribution assumption: employee only about $193,630 at 4% or $129,087 at 6%; with 50% employer match about $129,087 at 4% or $86,058 at 6%; with 100% employer match about $96,815 at 4% or $64,543 at 6%.
201615$259,050$36,350$7,270iApproximate average salary by contribution assumption: employee only about $181,750 at 4% or $121,167 at 6%; with 50% employer match about $121,167 at 4% or $80,778 at 6%; with 100% employer match about $90,875 at 4% or $60,583 at 6%.
Shah Corporation 401(K) Plan-5$259,050$36,350$7,270iApproximate average salary by contribution assumption: employee only about $181,750 at 4% or $121,167 at 6%; with 50% employer match about $121,167 at 4% or $80,778 at 6%; with 100% employer match about $90,875 at 4% or $60,583 at 6%.
201515$205,160$36,640$7,328iApproximate average salary by contribution assumption: employee only about $183,200 at 4% or $122,133 at 6%; with 50% employer match about $122,133 at 4% or $81,422 at 6%; with 100% employer match about $91,600 at 4% or $61,067 at 6%.
Shah Corporation 401(K) Plan-5$205,160$36,640$7,328iApproximate average salary by contribution assumption: employee only about $183,200 at 4% or $122,133 at 6%; with 50% employer match about $122,133 at 4% or $81,422 at 6%; with 100% employer match about $91,600 at 4% or $61,067 at 6%.
201416$180,002$55,124$9,187iApproximate average salary by contribution assumption: employee only about $229,683 at 4% or $153,122 at 6%; with 50% employer match about $153,122 at 4% or $102,081 at 6%; with 100% employer match about $114,842 at 4% or $76,561 at 6%.
Shah Corporation 401(K) Plan-6$180,002$55,124$9,187iApproximate average salary by contribution assumption: employee only about $229,683 at 4% or $153,122 at 6%; with 50% employer match about $153,122 at 4% or $102,081 at 6%; with 100% employer match about $114,842 at 4% or $76,561 at 6%.
201316$134,958$59,612$9,935iApproximate average salary by contribution assumption: employee only about $248,383 at 4% or $165,589 at 6%; with 50% employer match about $165,589 at 4% or $110,393 at 6%; with 100% employer match about $124,192 at 4% or $82,794 at 6%.
Shah Corporation 401(K) Plan-6$134,958$59,612$9,935iApproximate average salary by contribution assumption: employee only about $248,383 at 4% or $165,589 at 6%; with 50% employer match about $165,589 at 4% or $110,393 at 6%; with 100% employer match about $124,192 at 4% or $82,794 at 6%.
201216$58,654$55,820$9,303iApproximate average salary by contribution assumption: employee only about $232,583 at 4% or $155,056 at 6%; with 50% employer match about $155,056 at 4% or $103,370 at 6%; with 100% employer match about $116,292 at 4% or $77,528 at 6%.
Shah Corporation 401(K) Plan-6$58,654$55,820$9,303iApproximate average salary by contribution assumption: employee only about $232,583 at 4% or $155,056 at 6%; with 50% employer match about $155,056 at 4% or $103,370 at 6%; with 100% employer match about $116,292 at 4% or $77,528 at 6%.
201110$0$0-
Shah Corporation 401(K) Plan-0$0--