Civic Intelligence

The Kelt Group Inc.

Plan context: THE KELT GROUP, INC. CASH BALANCE PLAN

EIN 47-3289185 • Newport, NC • 20 filings • 2 plans

112 Break Water DriveNewport, NC 28570
Current Snapshot

Latest Year

2024

2024 Participants

2

2024 Assets

$3,367,212

2024 Contributions

$355,824

Historical Graphs

Total Assets Over Time

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

$3,367,212$1,683,606$0201520202024YearValue
$3,367,212Latest year 2024

Participants Over Time

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

210201520202024YearValue
2Latest 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
202422$3,367,212$355,824$177,912iApproximate average salary by contribution assumption: employee only about $4,447,800 at 4% or $2,965,200 at 6%; with 50% employer match about $2,965,200 at 4% or $1,976,800 at 6%; with 100% employer match about $2,223,900 at 4% or $1,482,600 at 6%.
THE KELT GROUP, INC. CASH BALANCE PLAN-2$2,563,706$330,824$165,412iApproximate average salary by contribution assumption: employee only about $4,135,300 at 4% or $2,756,867 at 6%; with 50% employer match about $2,756,867 at 4% or $1,837,911 at 6%; with 100% employer match about $2,067,650 at 4% or $1,378,433 at 6%.
The Kelt Group Inc. 401(K) Plan-2$803,506$25,000$12,500iApproximate average salary by contribution assumption: employee only about $312,500 at 4% or $208,333 at 6%; with 50% employer match about $208,333 at 4% or $138,889 at 6%; with 100% employer match about $156,250 at 4% or $104,167 at 6%.
202322$2,699,317$36,000$18,000iApproximate average salary by contribution assumption: employee only about $450,000 at 4% or $300,000 at 6%; with 50% employer match about $300,000 at 4% or $200,000 at 6%; with 100% employer match about $225,000 at 4% or $150,000 at 6%.
THE KELT GROUP, INC. CASH BALANCE PLAN-2$2,141,224--
The Kelt Group Inc. 401(K) Plan-2$558,093$36,000$18,000iApproximate average salary by contribution assumption: employee only about $450,000 at 4% or $300,000 at 6%; with 50% employer match about $300,000 at 4% or $200,000 at 6%; with 100% employer match about $225,000 at 4% or $150,000 at 6%.
202222$2,445,383$397,563$198,782iApproximate average salary by contribution assumption: employee only about $4,969,538 at 4% or $3,313,025 at 6%; with 50% employer match about $3,313,025 at 4% or $2,208,683 at 6%; with 100% employer match about $2,484,769 at 4% or $1,656,513 at 6%.
THE KELT GROUP, INC. CASH BALANCE PLAN-2$2,020,942$357,563$178,782iApproximate average salary by contribution assumption: employee only about $4,469,538 at 4% or $2,979,692 at 6%; with 50% employer match about $2,979,692 at 4% or $1,986,461 at 6%; with 100% employer match about $2,234,769 at 4% or $1,489,846 at 6%.
The Kelt Group Inc. 401(K) Plan-2$424,441$40,000$20,000iApproximate average salary by contribution assumption: employee only about $500,000 at 4% or $333,333 at 6%; with 50% employer match about $333,333 at 4% or $222,222 at 6%; with 100% employer match about $250,000 at 4% or $166,667 at 6%.
202122$2,160,770$362,437$181,219iApproximate average salary by contribution assumption: employee only about $4,530,463 at 4% or $3,020,308 at 6%; with 50% employer match about $3,020,308 at 4% or $2,013,539 at 6%; with 100% employer match about $2,265,231 at 4% or $1,510,154 at 6%.
THE KELT GROUP, INC. CASH BALANCE PLAN-2$1,747,022$317,107$158,554iApproximate average salary by contribution assumption: employee only about $3,963,838 at 4% or $2,642,558 at 6%; with 50% employer match about $2,642,558 at 4% or $1,761,706 at 6%; with 100% employer match about $1,981,919 at 4% or $1,321,279 at 6%.
The Kelt Group Inc. 401(K) Plan-2$413,748$45,330$22,665iApproximate average salary by contribution assumption: employee only about $566,625 at 4% or $377,750 at 6%; with 50% employer match about $377,750 at 4% or $251,833 at 6%; with 100% employer match about $283,313 at 4% or $188,875 at 6%.
202022$1,632,042$375,500$187,750iApproximate average salary by contribution assumption: employee only about $4,693,750 at 4% or $3,129,167 at 6%; with 50% employer match about $3,129,167 at 4% or $2,086,111 at 6%; with 100% employer match about $2,346,875 at 4% or $1,564,583 at 6%.
THE KELT GROUP, INC. CASH BALANCE PLAN-2$1,327,204$338,000$169,000iApproximate average salary by contribution assumption: employee only about $4,225,000 at 4% or $2,816,667 at 6%; with 50% employer match about $2,816,667 at 4% or $1,877,778 at 6%; with 100% employer match about $2,112,500 at 4% or $1,408,333 at 6%.
The Kelt Group Inc. 401(K) Plan-2$304,838$37,500$18,750iApproximate average salary by contribution assumption: employee only about $468,750 at 4% or $312,500 at 6%; with 50% employer match about $312,500 at 4% or $208,333 at 6%; with 100% employer match about $234,375 at 4% or $156,250 at 6%.
201922$904,324$296,000$148,000iApproximate average salary by contribution assumption: employee only about $3,700,000 at 4% or $2,466,667 at 6%; with 50% employer match about $2,466,667 at 4% or $1,644,444 at 6%; with 100% employer match about $1,850,000 at 4% or $1,233,333 at 6%.
THE KELT GROUP, INC. CASH BALANCE PLAN-2$750,383$259,000$129,500iApproximate average salary by contribution assumption: employee only about $3,237,500 at 4% or $2,158,333 at 6%; with 50% employer match about $2,158,333 at 4% or $1,438,889 at 6%; with 100% employer match about $1,618,750 at 4% or $1,079,167 at 6%.
The Kelt Group Inc. 401(K) Plan-2$153,941$37,000$18,500iApproximate average salary by contribution assumption: employee only about $462,500 at 4% or $308,333 at 6%; with 50% employer match about $308,333 at 4% or $205,556 at 6%; with 100% employer match about $231,250 at 4% or $154,167 at 6%.
201822$519,002$294,606$147,303iApproximate average salary by contribution assumption: employee only about $3,682,575 at 4% or $2,455,050 at 6%; with 50% employer match about $2,455,050 at 4% or $1,636,700 at 6%; with 100% employer match about $1,841,288 at 4% or $1,227,525 at 6%.
THE KELT GROUP, INC. CASH BALANCE PLAN-2$429,584$276,106$138,053iApproximate average salary by contribution assumption: employee only about $3,451,325 at 4% or $2,300,883 at 6%; with 50% employer match about $2,300,883 at 4% or $1,533,922 at 6%; with 100% employer match about $1,725,663 at 4% or $1,150,442 at 6%.
The Kelt Group Inc. 401(K) Plan-2$89,418$18,500$9,250iApproximate average salary by contribution assumption: employee only about $231,250 at 4% or $154,167 at 6%; with 50% employer match about $154,167 at 4% or $102,778 at 6%; with 100% employer match about $115,625 at 4% or $77,083 at 6%.
201722$264,346$101,588$50,794iApproximate average salary by contribution assumption: employee only about $1,269,850 at 4% or $846,567 at 6%; with 50% employer match about $846,567 at 4% or $564,378 at 6%; with 100% employer match about $634,925 at 4% or $423,283 at 6%.
THE KELT GROUP, INC. CASH BALANCE PLAN-2$187,975$83,588$41,794iApproximate average salary by contribution assumption: employee only about $1,044,850 at 4% or $696,567 at 6%; with 50% employer match about $696,567 at 4% or $464,378 at 6%; with 100% employer match about $522,425 at 4% or $348,283 at 6%.
The Kelt Group Inc. 401(K) Plan-2$76,371$18,000$9,000iApproximate average salary by contribution assumption: employee only about $225,000 at 4% or $150,000 at 6%; with 50% employer match about $150,000 at 4% or $100,000 at 6%; with 100% employer match about $112,500 at 4% or $75,000 at 6%.
201622$136,661$61,621$30,811iApproximate average salary by contribution assumption: employee only about $770,263 at 4% or $513,508 at 6%; with 50% employer match about $513,508 at 4% or $342,339 at 6%; with 100% employer match about $385,131 at 4% or $256,754 at 6%.
THE KELT GROUP, INC. CASH BALANCE PLAN-2$89,068$39,364$19,682iApproximate average salary by contribution assumption: employee only about $492,050 at 4% or $328,033 at 6%; with 50% employer match about $328,033 at 4% or $218,689 at 6%; with 100% employer match about $246,025 at 4% or $164,017 at 6%.
The Kelt Group Inc. 401(K) Plan-2$47,593$22,257$11,129iApproximate average salary by contribution assumption: employee only about $278,213 at 4% or $185,475 at 6%; with 50% employer match about $185,475 at 4% or $123,650 at 6%; with 100% employer match about $139,106 at 4% or $92,738 at 6%.
201522$61,621$61,621$30,811iApproximate average salary by contribution assumption: employee only about $770,263 at 4% or $513,508 at 6%; with 50% employer match about $513,508 at 4% or $342,339 at 6%; with 100% employer match about $385,131 at 4% or $256,754 at 6%.
THE KELT GROUP, INC. CASH BALANCE PLAN-2$39,364$39,364$19,682iApproximate average salary by contribution assumption: employee only about $492,050 at 4% or $328,033 at 6%; with 50% employer match about $328,033 at 4% or $218,689 at 6%; with 100% employer match about $246,025 at 4% or $164,017 at 6%.
The Kelt Group Inc. 401(K) Plan-2$22,257$22,257$11,129iApproximate average salary by contribution assumption: employee only about $278,213 at 4% or $185,475 at 6%; with 50% employer match about $185,475 at 4% or $123,650 at 6%; with 100% employer match about $139,106 at 4% or $92,738 at 6%.