Civic Intelligence

Benedict Metal Works Inc.

Plan context: Benedict Metal Works Inc. Cash Balance Pension Plan

EIN 52-1958509 • Hughesville, MD • 27 filings • 2 plans

7350 Knolltop PlaceHughesville, MD 20637
Current Snapshot

Latest Year

2024

2024 Participants

1

2024 Assets

$601

2024 Contributions

$4,278

Historical Graphs

Total Assets Over Time

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

$4,130,020$2,065,010$0201120172023YearValue
$601Latest year 2023

Participants Over Time

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

840201120172023YearValue
1Latest year 2023

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
202410$0$4,278-
Benedict Metal Works Inc. Cash Balance Pension Plan-0$0$4,278-
202321$601$0-
Benedict Metal Works Inc. Cash Balance Pension Plan-1$601$0-
BENEDICT METAL WORKS, INC. PROFIT SHARING PLAN-0$0--
202228$4,130,020$330,160$41,270iApproximate average salary by contribution assumption: employee only about $1,031,750 at 4% or $687,833 at 6%; with 50% employer match about $687,833 at 4% or $458,556 at 6%; with 100% employer match about $515,875 at 4% or $343,917 at 6%.
Benedict Metal Works Inc. Cash Balance Pension Plan-5$3,541,326$314,787$62,957iApproximate average salary by contribution assumption: employee only about $1,573,935 at 4% or $1,049,290 at 6%; with 50% employer match about $1,049,290 at 4% or $699,527 at 6%; with 100% employer match about $786,968 at 4% or $524,645 at 6%.
BENEDICT METAL WORKS, INC. PROFIT SHARING PLAN-8$588,694$15,373$1,922iApproximate average salary by contribution assumption: employee only about $48,041 at 4% or $32,027 at 6%; with 50% employer match about $32,027 at 4% or $21,351 at 6%; with 100% employer match about $24,020 at 4% or $16,014 at 6%.
202128$4,046,235$396,382$49,548iApproximate average salary by contribution assumption: employee only about $1,238,694 at 4% or $825,796 at 6%; with 50% employer match about $825,796 at 4% or $550,531 at 6%; with 100% employer match about $619,347 at 4% or $412,898 at 6%.
Benedict Metal Works Inc. Cash Balance Pension Plan-5$3,445,822$383,088$76,618iApproximate average salary by contribution assumption: employee only about $1,915,440 at 4% or $1,276,960 at 6%; with 50% employer match about $1,276,960 at 4% or $851,307 at 6%; with 100% employer match about $957,720 at 4% or $638,480 at 6%.
BENEDICT METAL WORKS, INC. PROFIT SHARING PLAN-8$600,413$13,294$1,662iApproximate average salary by contribution assumption: employee only about $41,544 at 4% or $27,696 at 6%; with 50% employer match about $27,696 at 4% or $18,464 at 6%; with 100% employer match about $20,772 at 4% or $13,848 at 6%.
202028$3,370,678$656,470$82,059iApproximate average salary by contribution assumption: employee only about $2,051,469 at 4% or $1,367,646 at 6%; with 50% employer match about $1,367,646 at 4% or $911,764 at 6%; with 100% employer match about $1,025,734 at 4% or $683,823 at 6%.
Benedict Metal Works Inc. Cash Balance Pension Plan-6$2,851,248$537,437$89,573iApproximate average salary by contribution assumption: employee only about $2,239,321 at 4% or $1,492,881 at 6%; with 50% employer match about $1,492,881 at 4% or $995,254 at 6%; with 100% employer match about $1,119,660 at 4% or $746,440 at 6%.
BENEDICT METAL WORKS, INC. PROFIT SHARING PLAN-8$519,430$119,033$14,879iApproximate average salary by contribution assumption: employee only about $371,978 at 4% or $247,985 at 6%; with 50% employer match about $247,985 at 4% or $165,324 at 6%; with 100% employer match about $185,989 at 4% or $123,993 at 6%.
201925$2,631,969$10,197$2,039iApproximate average salary by contribution assumption: employee only about $50,985 at 4% or $33,990 at 6%; with 50% employer match about $33,990 at 4% or $22,660 at 6%; with 100% employer match about $25,493 at 4% or $16,995 at 6%.
Benedict Metal Works Inc. Cash Balance Pension Plan-5$2,232,497$2,878$576iApproximate average salary by contribution assumption: employee only about $14,390 at 4% or $9,593 at 6%; with 50% employer match about $9,593 at 4% or $6,396 at 6%; with 100% employer match about $7,195 at 4% or $4,797 at 6%.
BENEDICT METAL WORKS, INC. PROFIT SHARING PLAN-5$399,472$7,319$1,464iApproximate average salary by contribution assumption: employee only about $36,595 at 4% or $24,397 at 6%; with 50% employer match about $24,397 at 4% or $16,264 at 6%; with 100% employer match about $18,298 at 4% or $12,198 at 6%.
201825$2,450,943$12,379$2,476iApproximate average salary by contribution assumption: employee only about $61,895 at 4% or $41,263 at 6%; with 50% employer match about $41,263 at 4% or $27,509 at 6%; with 100% employer match about $30,948 at 4% or $20,632 at 6%.
Benedict Metal Works Inc. Cash Balance Pension Plan-5$2,096,304--
BENEDICT METAL WORKS, INC. PROFIT SHARING PLAN-5$354,639$12,379$2,476iApproximate average salary by contribution assumption: employee only about $61,895 at 4% or $41,263 at 6%; with 50% employer match about $41,263 at 4% or $27,509 at 6%; with 100% employer match about $30,948 at 4% or $20,632 at 6%.
201726$2,639,368$1,878$313iApproximate average salary by contribution assumption: employee only about $7,825 at 4% or $5,217 at 6%; with 50% employer match about $5,217 at 4% or $3,478 at 6%; with 100% employer match about $3,913 at 4% or $2,608 at 6%.
Benedict Metal Works Inc. Cash Balance Pension Plan-5$2,235,515--
BENEDICT METAL WORKS, INC. PROFIT SHARING PLAN-6$403,853$1,878$313iApproximate average salary by contribution assumption: employee only about $7,825 at 4% or $5,217 at 6%; with 50% employer match about $5,217 at 4% or $3,478 at 6%; with 100% employer match about $3,913 at 4% or $2,608 at 6%.
201626$2,433,816$15,768$2,628iApproximate average salary by contribution assumption: employee only about $65,700 at 4% or $43,800 at 6%; with 50% employer match about $43,800 at 4% or $29,200 at 6%; with 100% employer match about $32,850 at 4% or $21,900 at 6%.
Benedict Metal Works Inc. Cash Balance Pension Plan-5$2,056,541--
BENEDICT METAL WORKS, INC. PROFIT SHARING PLAN-6$377,275$15,768$2,628iApproximate average salary by contribution assumption: employee only about $65,700 at 4% or $43,800 at 6%; with 50% employer match about $43,800 at 4% or $29,200 at 6%; with 100% employer match about $32,850 at 4% or $21,900 at 6%.
201526$2,303,637$1,016,480$169,413iApproximate average salary by contribution assumption: employee only about $4,235,333 at 4% or $2,823,556 at 6%; with 50% employer match about $2,823,556 at 4% or $1,882,370 at 6%; with 100% employer match about $2,117,667 at 4% or $1,411,778 at 6%.
Benedict Metal Works Inc. Cash Balance Pension Plan-5$1,981,191$882,078$176,416iApproximate average salary by contribution assumption: employee only about $4,410,390 at 4% or $2,940,260 at 6%; with 50% employer match about $2,940,260 at 4% or $1,960,173 at 6%; with 100% employer match about $2,205,195 at 4% or $1,470,130 at 6%.
BENEDICT METAL WORKS, INC. PROFIT SHARING PLAN-6$322,446$134,402$22,400iApproximate average salary by contribution assumption: employee only about $560,008 at 4% or $373,339 at 6%; with 50% employer match about $373,339 at 4% or $248,893 at 6%; with 100% employer match about $280,004 at 4% or $186,669 at 6%.
201425$1,304,417$419,132$83,826iApproximate average salary by contribution assumption: employee only about $2,095,660 at 4% or $1,397,107 at 6%; with 50% employer match about $1,397,107 at 4% or $931,404 at 6%; with 100% employer match about $1,047,830 at 4% or $698,553 at 6%.
Benedict Metal Works Inc. Cash Balance Pension Plan-4$1,111,787$280,200$70,050iApproximate average salary by contribution assumption: employee only about $1,751,250 at 4% or $1,167,500 at 6%; with 50% employer match about $1,167,500 at 4% or $778,333 at 6%; with 100% employer match about $875,625 at 4% or $583,750 at 6%.
BENEDICT METAL WORKS, INC. PROFIT SHARING PLAN-5$192,630$138,932$27,786iApproximate average salary by contribution assumption: employee only about $694,660 at 4% or $463,107 at 6%; with 50% employer match about $463,107 at 4% or $308,738 at 6%; with 100% employer match about $347,330 at 4% or $231,553 at 6%.
201324$877,847$302,853$75,713iApproximate average salary by contribution assumption: employee only about $1,892,831 at 4% or $1,261,888 at 6%; with 50% employer match about $1,261,888 at 4% or $841,258 at 6%; with 100% employer match about $946,416 at 4% or $630,944 at 6%.
Benedict Metal Works Inc. Cash Balance Pension Plan-4$825,821$285,966$71,492iApproximate average salary by contribution assumption: employee only about $1,787,288 at 4% or $1,191,525 at 6%; with 50% employer match about $1,191,525 at 4% or $794,350 at 6%; with 100% employer match about $893,644 at 4% or $595,763 at 6%.
BENEDICT METAL WORKS, INC. PROFIT SHARING PLAN-3$52,026$16,887$5,629iApproximate average salary by contribution assumption: employee only about $140,725 at 4% or $93,817 at 6%; with 50% employer match about $93,817 at 4% or $62,544 at 6%; with 100% employer match about $70,363 at 4% or $46,908 at 6%.
201224$549,038$287,453$71,863iApproximate average salary by contribution assumption: employee only about $1,796,581 at 4% or $1,197,721 at 6%; with 50% employer match about $1,197,721 at 4% or $798,481 at 6%; with 100% employer match about $898,291 at 4% or $598,860 at 6%.
Benedict Metal Works Inc. Cash Balance Pension Plan-4$515,693$271,944$67,986iApproximate average salary by contribution assumption: employee only about $1,699,650 at 4% or $1,133,100 at 6%; with 50% employer match about $1,133,100 at 4% or $755,400 at 6%; with 100% employer match about $849,825 at 4% or $566,550 at 6%.
BENEDICT METAL WORKS, INC. PROFIT SHARING PLAN-3$33,345$15,509$5,170iApproximate average salary by contribution assumption: employee only about $129,242 at 4% or $86,161 at 6%; with 50% employer match about $86,161 at 4% or $57,441 at 6%; with 100% employer match about $64,621 at 4% or $43,081 at 6%.
201125$260,352$260,352$52,070iApproximate average salary by contribution assumption: employee only about $1,301,760 at 4% or $867,840 at 6%; with 50% employer match about $867,840 at 4% or $578,560 at 6%; with 100% employer match about $650,880 at 4% or $433,920 at 6%.
Benedict Metal Works Inc. Cash Balance Pension Plan-5$242,484$242,484$48,497iApproximate average salary by contribution assumption: employee only about $1,212,420 at 4% or $808,280 at 6%; with 50% employer match about $808,280 at 4% or $538,853 at 6%; with 100% employer match about $606,210 at 4% or $404,140 at 6%.
BENEDICT METAL WORKS, INC. PROFIT SHARING PLAN-5$17,868$17,868$3,574iApproximate average salary by contribution assumption: employee only about $89,340 at 4% or $59,560 at 6%; with 50% employer match about $59,560 at 4% or $39,707 at 6%; with 100% employer match about $44,670 at 4% or $29,780 at 6%.