Iem Electric Inc.
Plan context: IEM ELECTRIC INC 401(K) PROFIT SHARING PLAN
EIN 46-0734306 • Hickory, NC • 10 filings • 2 plans
Current Snapshot
Latest Year
2024
2024 Participants
14
2024 Assets
$417,150
2024 Contributions
$23,358
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 14 | $417,150 | $23,358 | $1,668iApproximate average salary by contribution assumption: employee only about $41,711 at 4% or $27,807 at 6%; with 50% employer match about $27,807 at 4% or $18,538 at 6%; with 100% employer match about $20,855 at 4% or $13,904 at 6%. |
| IEM ELECTRIC INC 401(K) PROFIT SHARING PLAN | - | 14 | $417,150 | $23,358 | $1,668iApproximate average salary by contribution assumption: employee only about $41,711 at 4% or $27,807 at 6%; with 50% employer match about $27,807 at 4% or $18,538 at 6%; with 100% employer match about $20,855 at 4% or $13,904 at 6%. |
| 2023 | 1 | 14 | $361,779 | $30,611 | $2,187iApproximate average salary by contribution assumption: employee only about $54,663 at 4% or $36,442 at 6%; with 50% employer match about $36,442 at 4% or $24,294 at 6%; with 100% employer match about $27,331 at 4% or $18,221 at 6%. |
| IEM ELECTRIC INC 401(K) PROFIT SHARING PLAN | - | 14 | $361,779 | $30,611 | $2,187iApproximate average salary by contribution assumption: employee only about $54,663 at 4% or $36,442 at 6%; with 50% employer match about $36,442 at 4% or $24,294 at 6%; with 100% employer match about $27,331 at 4% or $18,221 at 6%. |
| 2022 | 1 | 7 | $268,446 | $55,122 | $7,875iApproximate average salary by contribution assumption: employee only about $196,864 at 4% or $131,243 at 6%; with 50% employer match about $131,243 at 4% or $87,495 at 6%; with 100% employer match about $98,432 at 4% or $65,621 at 6%. |
| IEM ELECTRIC INC 401(K) PROFIT SHARING PLAN | - | 7 | $268,446 | $55,122 | $7,875iApproximate average salary by contribution assumption: employee only about $196,864 at 4% or $131,243 at 6%; with 50% employer match about $131,243 at 4% or $87,495 at 6%; with 100% employer match about $98,432 at 4% or $65,621 at 6%. |
| 2021 | 1 | 12 | $279,465 | $79,965 | $6,664iApproximate average salary by contribution assumption: employee only about $166,594 at 4% or $111,063 at 6%; with 50% employer match about $111,063 at 4% or $74,042 at 6%; with 100% employer match about $83,297 at 4% or $55,531 at 6%. |
| IEM ELECTRIC INC 401(K) PROFIT SHARING PLAN | - | 12 | $279,465 | $79,965 | $6,664iApproximate average salary by contribution assumption: employee only about $166,594 at 4% or $111,063 at 6%; with 50% employer match about $111,063 at 4% or $74,042 at 6%; with 100% employer match about $83,297 at 4% or $55,531 at 6%. |
| 2020 | 1 | 15 | $189,088 | $86,122 | $5,741iApproximate average salary by contribution assumption: employee only about $143,537 at 4% or $95,691 at 6%; with 50% employer match about $95,691 at 4% or $63,794 at 6%; with 100% employer match about $71,768 at 4% or $47,846 at 6%. |
| IEM ELECTRIC INC 401(K) PROFIT SHARING PLAN | - | 15 | $189,088 | $86,122 | $5,741iApproximate average salary by contribution assumption: employee only about $143,537 at 4% or $95,691 at 6%; with 50% employer match about $95,691 at 4% or $63,794 at 6%; with 100% employer match about $71,768 at 4% or $47,846 at 6%. |
| 2019 | 1 | 19 | $81,335 | $79,770 | $4,198iApproximate average salary by contribution assumption: employee only about $104,961 at 4% or $69,974 at 6%; with 50% employer match about $69,974 at 4% or $46,649 at 6%; with 100% employer match about $52,480 at 4% or $34,987 at 6%. |
| IEM ELECTRIC INC 401(K) PROFIT SHARING PLAN | - | 19 | $81,335 | $79,770 | $4,198iApproximate average salary by contribution assumption: employee only about $104,961 at 4% or $69,974 at 6%; with 50% employer match about $69,974 at 4% or $46,649 at 6%; with 100% employer match about $52,480 at 4% or $34,987 at 6%. |
| 2015 | 1 | 0 | $0 | $0 | - |
| Iem Electric Inc. 401(K) Profit Sharing Plan | - | 0 | - | - | - |
| 2014 | 1 | 1 | $85,344 | $0 | - |
| Iem Electric Inc. 401(K) Profit Sharing Plan | - | 1 | $85,344 | - | - |
| 2013 | 1 | 5 | $292,836 | $281,410 | $56,282iApproximate average salary by contribution assumption: employee only about $1,407,050 at 4% or $938,033 at 6%; with 50% employer match about $938,033 at 4% or $625,356 at 6%; with 100% employer match about $703,525 at 4% or $469,017 at 6%. |
| Iem Electric Inc. 401(K) Profit Sharing Plan | - | 5 | $292,836 | $281,410 | $56,282iApproximate average salary by contribution assumption: employee only about $1,407,050 at 4% or $938,033 at 6%; with 50% employer match about $938,033 at 4% or $625,356 at 6%; with 100% employer match about $703,525 at 4% or $469,017 at 6%. |
| 2012 | 1 | 5 | $0 | $0 | - |
| Iem Electric Inc. 401(K) Profit Sharing Plan | - | 5 | - | - | - |