Civic Intelligence

L. E. Ballance Electrical Service Inc.

Plan context: L. E. Ballance Electrical Service Inc. 401K Profit Sharing

EIN 54-0943108 • Chesapeake, VA • 26 filings • 4 plans

944 Corporate LaneChesapeake, VA 23320
Current Snapshot

Latest Year

2024

2024 Participants

93

2024 Assets

$12,166,822

2024 Contributions

$776,443

Historical Graphs

Total Assets Over Time

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

$12,166,822$6,083,411$0199920132024YearValue
$12,166,822Latest year 2024

Participants Over Time

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

119600199920122024YearValue
93Latest 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
2024193$12,166,822$776,443$8,349iApproximate average salary by contribution assumption: employee only about $208,721 at 4% or $139,147 at 6%; with 50% employer match about $139,147 at 4% or $92,765 at 6%; with 100% employer match about $104,361 at 4% or $69,574 at 6%.
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-93$12,166,822$776,443$8,349iApproximate average salary by contribution assumption: employee only about $208,721 at 4% or $139,147 at 6%; with 50% employer match about $139,147 at 4% or $92,765 at 6%; with 100% employer match about $104,361 at 4% or $69,574 at 6%.
2023185$11,952,165$424,778$4,997iApproximate average salary by contribution assumption: employee only about $124,935 at 4% or $83,290 at 6%; with 50% employer match about $83,290 at 4% or $55,527 at 6%; with 100% employer match about $62,467 at 4% or $41,645 at 6%.
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-85$11,952,165$424,778$4,997iApproximate average salary by contribution assumption: employee only about $124,935 at 4% or $83,290 at 6%; with 50% employer match about $83,290 at 4% or $55,527 at 6%; with 100% employer match about $62,467 at 4% or $41,645 at 6%.
2022181$11,678,670$938,119$11,582iApproximate average salary by contribution assumption: employee only about $289,543 at 4% or $193,029 at 6%; with 50% employer match about $193,029 at 4% or $128,686 at 6%; with 100% employer match about $144,771 at 4% or $96,514 at 6%.
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-81$11,678,670$938,119$11,582iApproximate average salary by contribution assumption: employee only about $289,543 at 4% or $193,029 at 6%; with 50% employer match about $193,029 at 4% or $128,686 at 6%; with 100% employer match about $144,771 at 4% or $96,514 at 6%.
2021174$10,091,453$1,545,900$20,891iApproximate average salary by contribution assumption: employee only about $522,264 at 4% or $348,176 at 6%; with 50% employer match about $348,176 at 4% or $232,117 at 6%; with 100% employer match about $261,132 at 4% or $174,088 at 6%.
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-74$10,091,453$1,545,900$20,891iApproximate average salary by contribution assumption: employee only about $522,264 at 4% or $348,176 at 6%; with 50% employer match about $348,176 at 4% or $232,117 at 6%; with 100% employer match about $261,132 at 4% or $174,088 at 6%.
2020184$10,022,687$728,497$8,673iApproximate average salary by contribution assumption: employee only about $216,815 at 4% or $144,543 at 6%; with 50% employer match about $144,543 at 4% or $96,362 at 6%; with 100% employer match about $108,407 at 4% or $72,272 at 6%.
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-84$10,022,687$728,497$8,673iApproximate average salary by contribution assumption: employee only about $216,815 at 4% or $144,543 at 6%; with 50% employer match about $144,543 at 4% or $96,362 at 6%; with 100% employer match about $108,407 at 4% or $72,272 at 6%.
2019191$7,769,643$1,101,973$12,110iApproximate average salary by contribution assumption: employee only about $302,740 at 4% or $201,827 at 6%; with 50% employer match about $201,827 at 4% or $134,551 at 6%; with 100% employer match about $151,370 at 4% or $100,913 at 6%.
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-91$7,769,643$1,101,973$12,110iApproximate average salary by contribution assumption: employee only about $302,740 at 4% or $201,827 at 6%; with 50% employer match about $201,827 at 4% or $134,551 at 6%; with 100% employer match about $151,370 at 4% or $100,913 at 6%.
20181119$6,513,611$657,590$5,526iApproximate average salary by contribution assumption: employee only about $138,149 at 4% or $92,099 at 6%; with 50% employer match about $92,099 at 4% or $61,400 at 6%; with 100% employer match about $69,075 at 4% or $46,050 at 6%.
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-119$6,513,611$657,590$5,526iApproximate average salary by contribution assumption: employee only about $138,149 at 4% or $92,099 at 6%; with 50% employer match about $92,099 at 4% or $61,400 at 6%; with 100% employer match about $69,075 at 4% or $46,050 at 6%.
20171106$5,468,557$372,559$3,515iApproximate average salary by contribution assumption: employee only about $87,868 at 4% or $58,578 at 6%; with 50% employer match about $58,578 at 4% or $39,052 at 6%; with 100% employer match about $43,934 at 4% or $29,289 at 6%.
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-106$5,468,557$372,559$3,515iApproximate average salary by contribution assumption: employee only about $87,868 at 4% or $58,578 at 6%; with 50% employer match about $58,578 at 4% or $39,052 at 6%; with 100% employer match about $43,934 at 4% or $29,289 at 6%.
2016187$4,713,291$234,767$2,698iApproximate average salary by contribution assumption: employee only about $67,462 at 4% or $44,975 at 6%; with 50% employer match about $44,975 at 4% or $29,983 at 6%; with 100% employer match about $33,731 at 4% or $22,487 at 6%.
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-87$4,713,291$234,767$2,698iApproximate average salary by contribution assumption: employee only about $67,462 at 4% or $44,975 at 6%; with 50% employer match about $44,975 at 4% or $29,983 at 6%; with 100% employer match about $33,731 at 4% or $22,487 at 6%.
2015174$4,399,832$131,553$1,778iApproximate average salary by contribution assumption: employee only about $44,444 at 4% or $29,629 at 6%; with 50% employer match about $29,629 at 4% or $19,753 at 6%; with 100% employer match about $22,222 at 4% or $14,815 at 6%.
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-74$4,399,832$131,553$1,778iApproximate average salary by contribution assumption: employee only about $44,444 at 4% or $29,629 at 6%; with 50% employer match about $29,629 at 4% or $19,753 at 6%; with 100% employer match about $22,222 at 4% or $14,815 at 6%.
2014178$4,403,516$132,804$1,703iApproximate average salary by contribution assumption: employee only about $42,565 at 4% or $28,377 at 6%; with 50% employer match about $28,377 at 4% or $18,918 at 6%; with 100% employer match about $21,283 at 4% or $14,188 at 6%.
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-78$4,403,516$132,804$1,703iApproximate average salary by contribution assumption: employee only about $42,565 at 4% or $28,377 at 6%; with 50% employer match about $28,377 at 4% or $18,918 at 6%; with 100% employer match about $21,283 at 4% or $14,188 at 6%.
2013181$4,378,274$148,358$1,832iApproximate average salary by contribution assumption: employee only about $45,790 at 4% or $30,526 at 6%; with 50% employer match about $30,526 at 4% or $20,351 at 6%; with 100% employer match about $22,895 at 4% or $15,263 at 6%.
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-81$4,378,274$148,358$1,832iApproximate average salary by contribution assumption: employee only about $45,790 at 4% or $30,526 at 6%; with 50% employer match about $30,526 at 4% or $20,351 at 6%; with 100% employer match about $22,895 at 4% or $15,263 at 6%.
20121106$4,076,112$175,268$1,653iApproximate average salary by contribution assumption: employee only about $41,337 at 4% or $27,558 at 6%; with 50% employer match about $27,558 at 4% or $18,372 at 6%; with 100% employer match about $20,668 at 4% or $13,779 at 6%.
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-106$4,076,112$175,268$1,653iApproximate average salary by contribution assumption: employee only about $41,337 at 4% or $27,558 at 6%; with 50% employer match about $27,558 at 4% or $18,372 at 6%; with 100% employer match about $20,668 at 4% or $13,779 at 6%.
20111106$3,681,752$171,163$1,615iApproximate average salary by contribution assumption: employee only about $40,369 at 4% or $26,912 at 6%; with 50% employer match about $26,912 at 4% or $17,942 at 6%; with 100% employer match about $20,184 at 4% or $13,456 at 6%.
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-106$3,681,752$171,163$1,615iApproximate average salary by contribution assumption: employee only about $40,369 at 4% or $26,912 at 6%; with 50% employer match about $26,912 at 4% or $17,942 at 6%; with 100% employer match about $20,184 at 4% or $13,456 at 6%.
2010197$3,497,833$241,553$2,490iApproximate average salary by contribution assumption: employee only about $62,256 at 4% or $41,504 at 6%; with 50% employer match about $41,504 at 4% or $27,669 at 6%; with 100% employer match about $31,128 at 4% or $20,752 at 6%.
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-97$3,497,833$241,553$2,490iApproximate average salary by contribution assumption: employee only about $62,256 at 4% or $41,504 at 6%; with 50% employer match about $41,504 at 4% or $27,669 at 6%; with 100% employer match about $31,128 at 4% or $20,752 at 6%.
20091104$2,914,770$292,706$2,814iApproximate average salary by contribution assumption: employee only about $70,362 at 4% or $46,908 at 6%; with 50% employer match about $46,908 at 4% or $31,272 at 6%; with 100% employer match about $35,181 at 4% or $23,454 at 6%.
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-104$2,914,770$292,706$2,814iApproximate average salary by contribution assumption: employee only about $70,362 at 4% or $46,908 at 6%; with 50% employer match about $46,908 at 4% or $31,272 at 6%; with 100% employer match about $35,181 at 4% or $23,454 at 6%.
20081102$2,422,490$312,531$3,064iApproximate average salary by contribution assumption: employee only about $76,601 at 4% or $51,067 at 6%; with 50% employer match about $51,067 at 4% or $34,045 at 6%; with 100% employer match about $38,300 at 4% or $25,534 at 6%.
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-102$2,422,490$312,531$3,064iApproximate average salary by contribution assumption: employee only about $76,601 at 4% or $51,067 at 6%; with 50% employer match about $51,067 at 4% or $34,045 at 6%; with 100% employer match about $38,300 at 4% or $25,534 at 6%.
20071105$0$0-
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-105---
2006188$2,687,127$249,963$2,840iApproximate average salary by contribution assumption: employee only about $71,012 at 4% or $47,341 at 6%; with 50% employer match about $47,341 at 4% or $31,561 at 6%; with 100% employer match about $35,506 at 4% or $23,671 at 6%.
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-88$2,687,127$249,963$2,840iApproximate average salary by contribution assumption: employee only about $71,012 at 4% or $47,341 at 6%; with 50% employer match about $47,341 at 4% or $31,561 at 6%; with 100% employer match about $35,506 at 4% or $23,671 at 6%.
2005192$2,230,276$378,907$4,119iApproximate average salary by contribution assumption: employee only about $102,964 at 4% or $68,643 at 6%; with 50% employer match about $68,643 at 4% or $45,762 at 6%; with 100% employer match about $51,482 at 4% or $34,321 at 6%.
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-92$2,230,276$378,907$4,119iApproximate average salary by contribution assumption: employee only about $102,964 at 4% or $68,643 at 6%; with 50% employer match about $68,643 at 4% or $45,762 at 6%; with 100% employer match about $51,482 at 4% or $34,321 at 6%.
20041105$1,792,648$249,942$2,380iApproximate average salary by contribution assumption: employee only about $59,510 at 4% or $39,673 at 6%; with 50% employer match about $39,673 at 4% or $26,449 at 6%; with 100% employer match about $29,755 at 4% or $19,837 at 6%.
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-105$1,792,648$249,942$2,380iApproximate average salary by contribution assumption: employee only about $59,510 at 4% or $39,673 at 6%; with 50% employer match about $39,673 at 4% or $26,449 at 6%; with 100% employer match about $29,755 at 4% or $19,837 at 6%.
20031101$1,451,845$173,980$1,723iApproximate average salary by contribution assumption: employee only about $43,064 at 4% or $28,710 at 6%; with 50% employer match about $28,710 at 4% or $19,140 at 6%; with 100% employer match about $21,532 at 4% or $14,355 at 6%.
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-101$1,451,845$173,980$1,723iApproximate average salary by contribution assumption: employee only about $43,064 at 4% or $28,710 at 6%; with 50% employer match about $28,710 at 4% or $19,140 at 6%; with 100% employer match about $21,532 at 4% or $14,355 at 6%.
2002196$1,151,505$169,629$1,767iApproximate average salary by contribution assumption: employee only about $44,174 at 4% or $29,449 at 6%; with 50% employer match about $29,449 at 4% or $19,633 at 6%; with 100% employer match about $22,087 at 4% or $14,725 at 6%.
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-96$1,151,505$169,629$1,767iApproximate average salary by contribution assumption: employee only about $44,174 at 4% or $29,449 at 6%; with 50% employer match about $29,449 at 4% or $19,633 at 6%; with 100% employer match about $22,087 at 4% or $14,725 at 6%.
2001198$0$0-
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-98---
2000181$1,026,458$229,299$2,831iApproximate average salary by contribution assumption: employee only about $70,771 at 4% or $47,181 at 6%; with 50% employer match about $47,181 at 4% or $31,454 at 6%; with 100% employer match about $35,386 at 4% or $23,590 at 6%.
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-81$1,026,458$229,299$2,831iApproximate average salary by contribution assumption: employee only about $70,771 at 4% or $47,181 at 6%; with 50% employer match about $47,181 at 4% or $31,454 at 6%; with 100% employer match about $35,386 at 4% or $23,590 at 6%.
1999183$1,021,219$138,424$1,668iApproximate average salary by contribution assumption: employee only about $41,694 at 4% or $27,796 at 6%; with 50% employer match about $27,796 at 4% or $18,531 at 6%; with 100% employer match about $20,847 at 4% or $13,898 at 6%.
L. E. Ballance Electrical Service Inc. 401K Profit Sharing-83$1,021,219$138,424$1,668iApproximate average salary by contribution assumption: employee only about $41,694 at 4% or $27,796 at 6%; with 50% employer match about $27,796 at 4% or $18,531 at 6%; with 100% employer match about $20,847 at 4% or $13,898 at 6%.