Civic Intelligence

Bearing Construction Inc.

Plan context: Bearing Construction Inc 401K Plan

EIN 52-2252253 • Sudlersville, MD • 41 filings • 5 plans

805 Shine Smith RoadSudlersville, MD 21668
Current Snapshot

Latest Year

2024

2024 Participants

47

2024 Assets

$5,297,966

2024 Contributions

$649,452

Historical Graphs

Total Assets Over Time

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

$5,297,966$2,648,983$0200120132024YearValue
$5,297,966Latest year 2024

Participants Over Time

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

57290200120132024YearValue
47Latest 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
2024147$5,297,966$649,452$13,818iApproximate average salary by contribution assumption: employee only about $345,453 at 4% or $230,302 at 6%; with 50% employer match about $230,302 at 4% or $153,535 at 6%; with 100% employer match about $172,727 at 4% or $115,151 at 6%.
Bearing Construction Inc 401K Plan-47$5,297,966$649,452$13,818iApproximate average salary by contribution assumption: employee only about $345,453 at 4% or $230,302 at 6%; with 50% employer match about $230,302 at 4% or $153,535 at 6%; with 100% employer match about $172,727 at 4% or $115,151 at 6%.
2023146$4,605,098$445,136$9,677iApproximate average salary by contribution assumption: employee only about $241,922 at 4% or $161,281 at 6%; with 50% employer match about $161,281 at 4% or $107,521 at 6%; with 100% employer match about $120,961 at 4% or $80,641 at 6%.
Bearing Construction Inc 401K Plan-46$4,605,098$445,136$9,677iApproximate average salary by contribution assumption: employee only about $241,922 at 4% or $161,281 at 6%; with 50% employer match about $161,281 at 4% or $107,521 at 6%; with 100% employer match about $120,961 at 4% or $80,641 at 6%.
2022141$3,686,284$294,675$7,187iApproximate average salary by contribution assumption: employee only about $179,680 at 4% or $119,787 at 6%; with 50% employer match about $119,787 at 4% or $79,858 at 6%; with 100% employer match about $89,840 at 4% or $59,893 at 6%.
Bearing Construction Inc 401K Plan-41$3,686,284$294,675$7,187iApproximate average salary by contribution assumption: employee only about $179,680 at 4% or $119,787 at 6%; with 50% employer match about $119,787 at 4% or $79,858 at 6%; with 100% employer match about $89,840 at 4% or $59,893 at 6%.
2021141$4,131,011$340,060$8,294iApproximate average salary by contribution assumption: employee only about $207,354 at 4% or $138,236 at 6%; with 50% employer match about $138,236 at 4% or $92,157 at 6%; with 100% employer match about $103,677 at 4% or $69,118 at 6%.
Bearing Construction Inc 401K Plan-41$4,131,011$340,060$8,294iApproximate average salary by contribution assumption: employee only about $207,354 at 4% or $138,236 at 6%; with 50% employer match about $138,236 at 4% or $92,157 at 6%; with 100% employer match about $103,677 at 4% or $69,118 at 6%.
2020136$3,539,427$312,245$8,673iApproximate average salary by contribution assumption: employee only about $216,837 at 4% or $144,558 at 6%; with 50% employer match about $144,558 at 4% or $96,372 at 6%; with 100% employer match about $108,418 at 4% or $72,279 at 6%.
Bearing Construction Inc 401K Plan-36$3,539,427$312,245$8,673iApproximate average salary by contribution assumption: employee only about $216,837 at 4% or $144,558 at 6%; with 50% employer match about $144,558 at 4% or $96,372 at 6%; with 100% employer match about $108,418 at 4% or $72,279 at 6%.
2019235$3,503,509$387,929$11,084iApproximate average salary by contribution assumption: employee only about $277,092 at 4% or $184,728 at 6%; with 50% employer match about $184,728 at 4% or $123,152 at 6%; with 100% employer match about $138,546 at 4% or $92,364 at 6%.
Bearing Construction Inc 401K Plan-35$3,503,509$387,032$11,058iApproximate average salary by contribution assumption: employee only about $276,451 at 4% or $184,301 at 6%; with 50% employer match about $184,301 at 4% or $122,867 at 6%; with 100% employer match about $138,226 at 4% or $92,150 at 6%.
Bearing Construction Inc. Profit Sharing Plan-0$0$897-
2018228$2,759,528$216,509$7,732iApproximate average salary by contribution assumption: employee only about $193,312 at 4% or $128,874 at 6%; with 50% employer match about $128,874 at 4% or $85,916 at 6%; with 100% employer match about $96,656 at 4% or $64,437 at 6%.
Bearing Construction Inc 401K Plan-24$1,612,810$207,613$8,651iApproximate average salary by contribution assumption: employee only about $216,264 at 4% or $144,176 at 6%; with 50% employer match about $144,176 at 4% or $96,117 at 6%; with 100% employer match about $108,132 at 4% or $72,088 at 6%.
Bearing Construction Inc. Profit Sharing Plan-28$1,146,718$8,896$318iApproximate average salary by contribution assumption: employee only about $7,943 at 4% or $5,295 at 6%; with 50% employer match about $5,295 at 4% or $3,530 at 6%; with 100% employer match about $3,971 at 4% or $2,648 at 6%.
2017231$2,725,408$150,050$4,840iApproximate average salary by contribution assumption: employee only about $121,008 at 4% or $80,672 at 6%; with 50% employer match about $80,672 at 4% or $53,781 at 6%; with 100% employer match about $60,504 at 4% or $40,336 at 6%.
Bearing Construction Inc 401K Plan-24$1,490,024$147,957$6,165iApproximate average salary by contribution assumption: employee only about $154,122 at 4% or $102,748 at 6%; with 50% employer match about $102,748 at 4% or $68,499 at 6%; with 100% employer match about $77,061 at 4% or $51,374 at 6%.
Bearing Construction Inc. Profit Sharing Plan-31$1,235,384$2,093$68iApproximate average salary by contribution assumption: employee only about $1,688 at 4% or $1,125 at 6%; with 50% employer match about $1,125 at 4% or $750 at 6%; with 100% employer match about $844 at 4% or $563 at 6%.
2016254$2,477,749$227,156$4,207iApproximate average salary by contribution assumption: employee only about $105,165 at 4% or $70,110 at 6%; with 50% employer match about $70,110 at 4% or $46,740 at 6%; with 100% employer match about $52,582 at 4% or $35,055 at 6%.
Bearing Construction Inc 401K Plan-25$1,280,082$165,648$6,626iApproximate average salary by contribution assumption: employee only about $165,648 at 4% or $110,432 at 6%; with 50% employer match about $110,432 at 4% or $73,621 at 6%; with 100% employer match about $82,824 at 4% or $55,216 at 6%.
Bearing Construction Inc. Profit Sharing Plan-54$1,197,667$61,508$1,139iApproximate average salary by contribution assumption: employee only about $28,476 at 4% or $18,984 at 6%; with 50% employer match about $18,984 at 4% or $12,656 at 6%; with 100% employer match about $14,238 at 4% or $9,492 at 6%.
2015257$2,727,884$375,564$6,589iApproximate average salary by contribution assumption: employee only about $164,721 at 4% or $109,814 at 6%; with 50% employer match about $109,814 at 4% or $73,209 at 6%; with 100% employer match about $82,361 at 4% or $54,907 at 6%.
Bearing Construction Inc. Profit Sharing Plan-57$1,517,651$192,881$3,384iApproximate average salary by contribution assumption: employee only about $84,597 at 4% or $56,398 at 6%; with 50% employer match about $56,398 at 4% or $37,599 at 6%; with 100% employer match about $42,298 at 4% or $28,199 at 6%.
Bearing Construction Inc 401K Plan-24$1,210,233$182,683$7,612iApproximate average salary by contribution assumption: employee only about $190,295 at 4% or $126,863 at 6%; with 50% employer match about $126,863 at 4% or $84,575 at 6%; with 100% employer match about $95,147 at 4% or $63,432 at 6%.
2014254$2,554,205$240,623$4,456iApproximate average salary by contribution assumption: employee only about $111,400 at 4% or $74,266 at 6%; with 50% employer match about $74,266 at 4% or $49,511 at 6%; with 100% employer match about $55,700 at 4% or $37,133 at 6%.
Bearing Construction Inc. Profit Sharing Plan-54$1,485,184$72,309$1,339iApproximate average salary by contribution assumption: employee only about $33,476 at 4% or $22,318 at 6%; with 50% employer match about $22,318 at 4% or $14,878 at 6%; with 100% employer match about $16,738 at 4% or $11,159 at 6%.
Bearing Construction Inc 401K Plan-27$1,069,021$168,314$6,234iApproximate average salary by contribution assumption: employee only about $155,846 at 4% or $103,898 at 6%; with 50% employer match about $103,898 at 4% or $69,265 at 6%; with 100% employer match about $77,923 at 4% or $51,949 at 6%.
2013236$2,897,148$127,595$3,544iApproximate average salary by contribution assumption: employee only about $88,608 at 4% or $59,072 at 6%; with 50% employer match about $59,072 at 4% or $39,381 at 6%; with 100% employer match about $44,304 at 4% or $29,536 at 6%.
Bearing Construction Inc. Profit Sharing Plan-36$2,016,743$0-
Bearing Construction Inc 401K Plan-25$880,405$127,595$5,104iApproximate average salary by contribution assumption: employee only about $127,595 at 4% or $85,063 at 6%; with 50% employer match about $85,063 at 4% or $56,709 at 6%; with 100% employer match about $63,798 at 4% or $42,532 at 6%.
2012238$2,819,278$66,822$1,758iApproximate average salary by contribution assumption: employee only about $43,962 at 4% or $29,308 at 6%; with 50% employer match about $29,308 at 4% or $19,539 at 6%; with 100% employer match about $21,981 at 4% or $14,654 at 6%.
Bearing Construction Inc. Profit Sharing Plan-38$2,111,302$0-
Bearing Construction Inc 401K Plan-26$707,976$66,822$2,570iApproximate average salary by contribution assumption: employee only about $64,252 at 4% or $42,835 at 6%; with 50% employer match about $42,835 at 4% or $28,556 at 6%; with 100% employer match about $32,126 at 4% or $21,417 at 6%.
2011244$2,708,697$97,351$2,213iApproximate average salary by contribution assumption: employee only about $55,313 at 4% or $36,875 at 6%; with 50% employer match about $36,875 at 4% or $24,584 at 6%; with 100% employer match about $27,657 at 4% or $18,438 at 6%.
Bearing Construction Inc. Profit Sharing Plan-44$2,100,333$0-
Bearing Construction Inc 401K Plan-28$608,364$97,351$3,477iApproximate average salary by contribution assumption: employee only about $86,921 at 4% or $57,947 at 6%; with 50% employer match about $57,947 at 4% or $38,631 at 6%; with 100% employer match about $43,460 at 4% or $28,974 at 6%.
2010247$2,764,177$141,444$3,009iApproximate average salary by contribution assumption: employee only about $75,236 at 4% or $50,157 at 6%; with 50% employer match about $50,157 at 4% or $33,438 at 6%; with 100% employer match about $37,618 at 4% or $25,079 at 6%.
Bearing Construction Inc. Profit Sharing Plan-47$2,192,355$0-
Bearing Construction Inc 401K Plan-31$571,822$141,444$4,563iApproximate average salary by contribution assumption: employee only about $114,068 at 4% or $76,045 at 6%; with 50% employer match about $76,045 at 4% or $50,697 at 6%; with 100% employer match about $57,034 at 4% or $38,023 at 6%.
2009248$2,610,390$239,542$4,990iApproximate average salary by contribution assumption: employee only about $124,761 at 4% or $83,174 at 6%; with 50% employer match about $83,174 at 4% or $55,450 at 6%; with 100% employer match about $62,381 at 4% or $41,587 at 6%.
Bearing Construction Inc. Profit Sharing Plan-48$1,842,619$110,000$2,292iApproximate average salary by contribution assumption: employee only about $57,292 at 4% or $38,194 at 6%; with 50% employer match about $38,194 at 4% or $25,463 at 6%; with 100% employer match about $28,646 at 4% or $19,097 at 6%.
Bearing Construction Inc 401K Plan-25$767,771$129,542$5,182iApproximate average salary by contribution assumption: employee only about $129,542 at 4% or $86,361 at 6%; with 50% employer match about $86,361 at 4% or $57,574 at 6%; with 100% employer match about $64,771 at 4% or $43,181 at 6%.
2008230$1,745,341$241,306$8,044iApproximate average salary by contribution assumption: employee only about $201,088 at 4% or $134,059 at 6%; with 50% employer match about $134,059 at 4% or $89,373 at 6%; with 100% employer match about $100,544 at 4% or $67,029 at 6%.
Bearing Construction Inc. Profit Sharing Plan-19$1,216,386$97,525$5,133iApproximate average salary by contribution assumption: employee only about $128,322 at 4% or $85,548 at 6%; with 50% employer match about $85,548 at 4% or $57,032 at 6%; with 100% employer match about $64,161 at 4% or $42,774 at 6%.
Bearing Construction Inc 401K Plan-30$528,955$143,781$4,793iApproximate average salary by contribution assumption: employee only about $119,818 at 4% or $79,878 at 6%; with 50% employer match about $79,878 at 4% or $53,252 at 6%; with 100% employer match about $59,909 at 4% or $39,939 at 6%.
2007232$2,136,997$247,741$7,742iApproximate average salary by contribution assumption: employee only about $193,548 at 4% or $129,032 at 6%; with 50% employer match about $129,032 at 4% or $86,021 at 6%; with 100% employer match about $96,774 at 4% or $64,516 at 6%.
Bearing Construction Inc. Profit Sharing Plan-25$1,571,541$103,715$4,149iApproximate average salary by contribution assumption: employee only about $103,715 at 4% or $69,143 at 6%; with 50% employer match about $69,143 at 4% or $46,096 at 6%; with 100% employer match about $51,858 at 4% or $34,572 at 6%.
Bearing Construction Inc 401K Plan-32$565,456$144,026$4,501iApproximate average salary by contribution assumption: employee only about $112,520 at 4% or $75,014 at 6%; with 50% employer match about $75,014 at 4% or $50,009 at 6%; with 100% employer match about $56,260 at 4% or $37,507 at 6%.
2006235$1,817,785$238,131$6,804iApproximate average salary by contribution assumption: employee only about $170,094 at 4% or $113,396 at 6%; with 50% employer match about $113,396 at 4% or $75,597 at 6%; with 100% employer match about $85,047 at 4% or $56,698 at 6%.
Bearing Construction Inc. Profit Sharing Plan-25$1,411,334$97,550$3,902iApproximate average salary by contribution assumption: employee only about $97,550 at 4% or $65,033 at 6%; with 50% employer match about $65,033 at 4% or $43,356 at 6%; with 100% employer match about $48,775 at 4% or $32,517 at 6%.
Bearing Construction Inc 401K Plan-35$406,451$140,581$4,017iApproximate average salary by contribution assumption: employee only about $100,415 at 4% or $66,943 at 6%; with 50% employer match about $66,943 at 4% or $44,629 at 6%; with 100% employer match about $50,208 at 4% or $33,472 at 6%.
2005234$1,483,974$187,041$5,501iApproximate average salary by contribution assumption: employee only about $137,530 at 4% or $91,687 at 6%; with 50% employer match about $91,687 at 4% or $61,125 at 6%; with 100% employer match about $68,765 at 4% or $45,843 at 6%.
Bearing Construction Inc. Profit Sharing Plan-27$1,256,897$90,444$3,350iApproximate average salary by contribution assumption: employee only about $83,744 at 4% or $55,830 at 6%; with 50% employer match about $55,830 at 4% or $37,220 at 6%; with 100% employer match about $41,872 at 4% or $27,915 at 6%.
Bearing Construction Inc 401K Plan-34$227,077$96,597$2,841iApproximate average salary by contribution assumption: employee only about $71,027 at 4% or $47,351 at 6%; with 50% employer match about $47,351 at 4% or $31,568 at 6%; with 100% employer match about $35,514 at 4% or $23,676 at 6%.
2004234$1,255,744$170,961$5,028iApproximate average salary by contribution assumption: employee only about $125,707 at 4% or $83,804 at 6%; with 50% employer match about $83,804 at 4% or $55,870 at 6%; with 100% employer match about $62,853 at 4% or $41,902 at 6%.
Bearing Construction Inc. Profit Sharing Plan-31$1,131,764$79,270$2,557iApproximate average salary by contribution assumption: employee only about $63,927 at 4% or $42,618 at 6%; with 50% employer match about $42,618 at 4% or $28,412 at 6%; with 100% employer match about $31,964 at 4% or $21,309 at 6%.
Bearing Construction Inc 401K Plan-34$123,980$91,691$2,697iApproximate average salary by contribution assumption: employee only about $67,420 at 4% or $44,947 at 6%; with 50% employer match about $44,947 at 4% or $29,964 at 6%; with 100% employer match about $33,710 at 4% or $22,473 at 6%.
2003234$972,954$28,957$852iApproximate average salary by contribution assumption: employee only about $21,292 at 4% or $14,195 at 6%; with 50% employer match about $14,195 at 4% or $9,463 at 6%; with 100% employer match about $10,646 at 4% or $7,097 at 6%.
Bearing Construction Inc. Profit Sharing Plan-20$943,617--
Bearing Construction Inc 401K Plan-34$29,337$28,957$852iApproximate average salary by contribution assumption: employee only about $21,292 at 4% or $14,195 at 6%; with 50% employer match about $14,195 at 4% or $9,463 at 6%; with 100% employer match about $10,646 at 4% or $7,097 at 6%.
2002124$882,146$83,500$3,479iApproximate average salary by contribution assumption: employee only about $86,979 at 4% or $57,986 at 6%; with 50% employer match about $57,986 at 4% or $38,657 at 6%; with 100% employer match about $43,490 at 4% or $28,993 at 6%.
Bearing Construction Inc. Profit Sharing Plan-24$882,146$83,500$3,479iApproximate average salary by contribution assumption: employee only about $86,979 at 4% or $57,986 at 6%; with 50% employer match about $57,986 at 4% or $38,657 at 6%; with 100% employer match about $43,490 at 4% or $28,993 at 6%.
2001124$1,005,758$101,153$4,215iApproximate average salary by contribution assumption: employee only about $105,368 at 4% or $70,245 at 6%; with 50% employer match about $70,245 at 4% or $46,830 at 6%; with 100% employer match about $52,684 at 4% or $35,123 at 6%.
Bearing Construction Inc. Profit Sharing Plan-24$1,005,758$101,153$4,215iApproximate average salary by contribution assumption: employee only about $105,368 at 4% or $70,245 at 6%; with 50% employer match about $70,245 at 4% or $46,830 at 6%; with 100% employer match about $52,684 at 4% or $35,123 at 6%.