Civic Intelligence

Powers Business Machines Inc.

Plan context: Powers Business Machines Inc. Profit Sharing Plan

EIN 54-0950405 • Newport News, VA • 25 filings • 3 plans

9701 Warwick BoulevardNewport News, VA 23601-4224
Current Snapshot

Latest Year

2023

2023 Participants

12

2023 Assets

$1,716,044

2023 Contributions

$126,225

Historical Graphs

Total Assets Over Time

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

$2,509,874$1,254,937$0199920122023YearValue
$1,716,044Latest year 2023

Participants Over Time

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

21110199920112023YearValue
12Latest 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
2023112$1,716,044$126,225$10,519iApproximate average salary by contribution assumption: employee only about $262,969 at 4% or $175,313 at 6%; with 50% employer match about $175,313 at 4% or $116,875 at 6%; with 100% employer match about $131,484 at 4% or $87,656 at 6%.
Powers Business Machines Inc. Profit Sharing Plan-12$1,716,044$126,225$10,519iApproximate average salary by contribution assumption: employee only about $262,969 at 4% or $175,313 at 6%; with 50% employer match about $175,313 at 4% or $116,875 at 6%; with 100% employer match about $131,484 at 4% or $87,656 at 6%.
2022113$2,509,874$145,129$11,164iApproximate average salary by contribution assumption: employee only about $279,094 at 4% or $186,063 at 6%; with 50% employer match about $186,063 at 4% or $124,042 at 6%; with 100% employer match about $139,547 at 4% or $93,031 at 6%.
Powers Business Machines Inc. Profit Sharing Plan-13$2,509,874$145,129$11,164iApproximate average salary by contribution assumption: employee only about $279,094 at 4% or $186,063 at 6%; with 50% employer match about $186,063 at 4% or $124,042 at 6%; with 100% employer match about $139,547 at 4% or $93,031 at 6%.
2021113$2,436,530$104,828$8,064iApproximate average salary by contribution assumption: employee only about $201,592 at 4% or $134,395 at 6%; with 50% employer match about $134,395 at 4% or $89,597 at 6%; with 100% employer match about $100,796 at 4% or $67,197 at 6%.
Powers Business Machines Inc. Profit Sharing Plan-13$2,436,530$104,828$8,064iApproximate average salary by contribution assumption: employee only about $201,592 at 4% or $134,395 at 6%; with 50% employer match about $134,395 at 4% or $89,597 at 6%; with 100% employer match about $100,796 at 4% or $67,197 at 6%.
2020112$2,411,292$115,514$9,626iApproximate average salary by contribution assumption: employee only about $240,654 at 4% or $160,436 at 6%; with 50% employer match about $160,436 at 4% or $106,957 at 6%; with 100% employer match about $120,327 at 4% or $80,218 at 6%.
Powers Business Machines Inc. Profit Sharing Plan-12$2,411,292$115,514$9,626iApproximate average salary by contribution assumption: employee only about $240,654 at 4% or $160,436 at 6%; with 50% employer match about $160,436 at 4% or $106,957 at 6%; with 100% employer match about $120,327 at 4% or $80,218 at 6%.
2019111$2,002,071$134,492$12,227iApproximate average salary by contribution assumption: employee only about $305,664 at 4% or $203,776 at 6%; with 50% employer match about $203,776 at 4% or $135,851 at 6%; with 100% employer match about $152,832 at 4% or $101,888 at 6%.
Powers Business Machines Inc. Profit Sharing Plan-11$2,002,071$134,492$12,227iApproximate average salary by contribution assumption: employee only about $305,664 at 4% or $203,776 at 6%; with 50% employer match about $203,776 at 4% or $135,851 at 6%; with 100% employer match about $152,832 at 4% or $101,888 at 6%.
2018113$2,046,402$105,697$8,131iApproximate average salary by contribution assumption: employee only about $203,263 at 4% or $135,509 at 6%; with 50% employer match about $135,509 at 4% or $90,339 at 6%; with 100% employer match about $101,632 at 4% or $67,754 at 6%.
Powers Business Machines Inc. Profit Sharing Plan-13$2,046,402$105,697$8,131iApproximate average salary by contribution assumption: employee only about $203,263 at 4% or $135,509 at 6%; with 50% employer match about $135,509 at 4% or $90,339 at 6%; with 100% employer match about $101,632 at 4% or $67,754 at 6%.
2017114$2,076,124$93,066$6,648iApproximate average salary by contribution assumption: employee only about $166,189 at 4% or $110,793 at 6%; with 50% employer match about $110,793 at 4% or $73,862 at 6%; with 100% employer match about $83,095 at 4% or $55,396 at 6%.
Powers Business Machines Inc. Profit Sharing Plan-14$2,076,124$93,066$6,648iApproximate average salary by contribution assumption: employee only about $166,189 at 4% or $110,793 at 6%; with 50% employer match about $110,793 at 4% or $73,862 at 6%; with 100% employer match about $83,095 at 4% or $55,396 at 6%.
2016116$2,055,290$80,000$5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%.
Powers Business Machines Inc. Profit Sharing Plan-16$2,055,290$80,000$5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%.
2015116$1,964,048$100,000$6,250iApproximate average salary by contribution assumption: employee only about $156,250 at 4% or $104,167 at 6%; with 50% employer match about $104,167 at 4% or $69,444 at 6%; with 100% employer match about $78,125 at 4% or $52,083 at 6%.
Powers Business Machines Inc. Profit Sharing Plan-16$1,964,048$100,000$6,250iApproximate average salary by contribution assumption: employee only about $156,250 at 4% or $104,167 at 6%; with 50% employer match about $104,167 at 4% or $69,444 at 6%; with 100% employer match about $78,125 at 4% or $52,083 at 6%.
2014117$1,942,226$150,000$8,824iApproximate average salary by contribution assumption: employee only about $220,588 at 4% or $147,059 at 6%; with 50% employer match about $147,059 at 4% or $98,039 at 6%; with 100% employer match about $110,294 at 4% or $73,529 at 6%.
Powers Business Machines Inc. Profit Sharing Plan-17$1,942,226$150,000$8,824iApproximate average salary by contribution assumption: employee only about $220,588 at 4% or $147,059 at 6%; with 50% employer match about $147,059 at 4% or $98,039 at 6%; with 100% employer match about $110,294 at 4% or $73,529 at 6%.
2013115$1,855,889$100,000$6,667iApproximate average salary by contribution assumption: employee only about $166,667 at 4% or $111,111 at 6%; with 50% employer match about $111,111 at 4% or $74,074 at 6%; with 100% employer match about $83,333 at 4% or $55,556 at 6%.
Powers Business Machines Inc. Profit Sharing Plan-15$1,855,889$100,000$6,667iApproximate average salary by contribution assumption: employee only about $166,667 at 4% or $111,111 at 6%; with 50% employer match about $111,111 at 4% or $74,074 at 6%; with 100% employer match about $83,333 at 4% or $55,556 at 6%.
2012115$1,808,134$100,000$6,667iApproximate average salary by contribution assumption: employee only about $166,667 at 4% or $111,111 at 6%; with 50% employer match about $111,111 at 4% or $74,074 at 6%; with 100% employer match about $83,333 at 4% or $55,556 at 6%.
Powers Business Machines Inc. Profit Sharing Plan-15$1,808,134$100,000$6,667iApproximate average salary by contribution assumption: employee only about $166,667 at 4% or $111,111 at 6%; with 50% employer match about $111,111 at 4% or $74,074 at 6%; with 100% employer match about $83,333 at 4% or $55,556 at 6%.
2011120$1,788,736$90,000$4,500iApproximate average salary by contribution assumption: employee only about $112,500 at 4% or $75,000 at 6%; with 50% employer match about $75,000 at 4% or $50,000 at 6%; with 100% employer match about $56,250 at 4% or $37,500 at 6%.
Powers Business Machines Inc. Profit Sharing Plan-20$1,788,736$90,000$4,500iApproximate average salary by contribution assumption: employee only about $112,500 at 4% or $75,000 at 6%; with 50% employer match about $75,000 at 4% or $50,000 at 6%; with 100% employer match about $56,250 at 4% or $37,500 at 6%.
2010119$1,737,092$176,991$9,315iApproximate average salary by contribution assumption: employee only about $232,883 at 4% or $155,255 at 6%; with 50% employer match about $155,255 at 4% or $103,504 at 6%; with 100% employer match about $116,441 at 4% or $77,628 at 6%.
Powers Business Machines Inc. Profit Sharing Plan-19$1,737,092$176,991$9,315iApproximate average salary by contribution assumption: employee only about $232,883 at 4% or $155,255 at 6%; with 50% employer match about $155,255 at 4% or $103,504 at 6%; with 100% employer match about $116,441 at 4% or $77,628 at 6%.
2009120$1,452,830$180,000$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%.
Powers Business Machines Inc. Profit Sharing Plan-20$1,452,830$180,000$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%.
2008118$1,267,724$183,760$10,209iApproximate average salary by contribution assumption: employee only about $255,222 at 4% or $170,148 at 6%; with 50% employer match about $170,148 at 4% or $113,432 at 6%; with 100% employer match about $127,611 at 4% or $85,074 at 6%.
Powers Business Machines Inc. Profit Sharing Plan-18$1,267,724$183,760$10,209iApproximate average salary by contribution assumption: employee only about $255,222 at 4% or $170,148 at 6%; with 50% employer match about $170,148 at 4% or $113,432 at 6%; with 100% employer match about $127,611 at 4% or $85,074 at 6%.
2007119$0$0-
Powers Business Machines Inc. Profit Sharing Plan-19---
2006119$1,429,715$150,000$7,895iApproximate average salary by contribution assumption: employee only about $197,368 at 4% or $131,579 at 6%; with 50% employer match about $131,579 at 4% or $87,719 at 6%; with 100% employer match about $98,684 at 4% or $65,789 at 6%.
Powers Business Machines Inc. Profit Sharing Plan-19$1,429,715$150,000$7,895iApproximate average salary by contribution assumption: employee only about $197,368 at 4% or $131,579 at 6%; with 50% employer match about $131,579 at 4% or $87,719 at 6%; with 100% employer match about $98,684 at 4% or $65,789 at 6%.
2005121$1,104,445$150,000$7,143iApproximate average salary by contribution assumption: employee only about $178,571 at 4% or $119,048 at 6%; with 50% employer match about $119,048 at 4% or $79,365 at 6%; with 100% employer match about $89,286 at 4% or $59,524 at 6%.
Powers Business Machines Inc. Profit Sharing Plan-21$1,104,445$150,000$7,143iApproximate average salary by contribution assumption: employee only about $178,571 at 4% or $119,048 at 6%; with 50% employer match about $119,048 at 4% or $79,365 at 6%; with 100% employer match about $89,286 at 4% or $59,524 at 6%.
2004121$962,410$200,000$9,524iApproximate average salary by contribution assumption: employee only about $238,095 at 4% or $158,730 at 6%; with 50% employer match about $158,730 at 4% or $105,820 at 6%; with 100% employer match about $119,048 at 4% or $79,365 at 6%.
Powers Business Machines Inc. Profit Sharing Plan-21$962,410$200,000$9,524iApproximate average salary by contribution assumption: employee only about $238,095 at 4% or $158,730 at 6%; with 50% employer match about $158,730 at 4% or $105,820 at 6%; with 100% employer match about $119,048 at 4% or $79,365 at 6%.
2003121$774,986$150,000$7,143iApproximate average salary by contribution assumption: employee only about $178,571 at 4% or $119,048 at 6%; with 50% employer match about $119,048 at 4% or $79,365 at 6%; with 100% employer match about $89,286 at 4% or $59,524 at 6%.
Powers Business Machines Inc. Profit Sharing Plan-21$774,986$150,000$7,143iApproximate average salary by contribution assumption: employee only about $178,571 at 4% or $119,048 at 6%; with 50% employer match about $119,048 at 4% or $79,365 at 6%; with 100% employer match about $89,286 at 4% or $59,524 at 6%.
2002120$570,116$100,000$5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%.
Powers Business Machines Inc. Profit Sharing Plan-20$570,116$100,000$5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%.
2001117$0$0-
Powers Business Machines Inc. Profit Sharing Plan-17---
2000119$498,059$75,000$3,947iApproximate average salary by contribution assumption: employee only about $98,684 at 4% or $65,789 at 6%; with 50% employer match about $65,789 at 4% or $43,860 at 6%; with 100% employer match about $49,342 at 4% or $32,895 at 6%.
Powers Business Machines Inc. Profit Sharing Plan-19$498,059$75,000$3,947iApproximate average salary by contribution assumption: employee only about $98,684 at 4% or $65,789 at 6%; with 50% employer match about $65,789 at 4% or $43,860 at 6%; with 100% employer match about $49,342 at 4% or $32,895 at 6%.
1999115$527,962$75,000$5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%.
Powers Business Machines Inc. Profit Sharing Plan-15$527,962$75,000$5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%.