Civic Intelligence

Hungate Business Services Inc.

Plan context: Hungate Business Services Inc. 401(K) Retirement Plan

EIN 54-1375633 • Marion, VA • 17 filings • 2 plans

209 North Chestnut StreetMarion, VA 24354
Current Snapshot

Latest Year

2024

2024 Participants

15

2024 Assets

$2,203,558

2024 Contributions

$404,003

Historical Graphs

Total Assets Over Time

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

$2,203,558$1,101,779$0201020172024YearValue
$2,203,558Latest year 2024

Participants Over Time

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

1580201020172024YearValue
15Latest 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
2024215$2,203,558$404,003$26,934iApproximate average salary by contribution assumption: employee only about $673,338 at 4% or $448,892 at 6%; with 50% employer match about $448,892 at 4% or $299,261 at 6%; with 100% employer match about $336,669 at 4% or $224,446 at 6%.
Hungate Business Services Inc. 401(K) Retirement Plan-15$1,891,031$247,262$16,484iApproximate average salary by contribution assumption: employee only about $412,103 at 4% or $274,736 at 6%; with 50% employer match about $274,736 at 4% or $183,157 at 6%; with 100% employer match about $206,052 at 4% or $137,368 at 6%.
HUNGATE BUSINESS SERVICES, INC. CASH BALANCE PLAN-12$312,527$156,741$13,062iApproximate average salary by contribution assumption: employee only about $326,544 at 4% or $217,696 at 6%; with 50% employer match about $217,696 at 4% or $145,131 at 6%; with 100% employer match about $163,272 at 4% or $108,848 at 6%.
2023214$1,674,514$244,272$17,448iApproximate average salary by contribution assumption: employee only about $436,200 at 4% or $290,800 at 6%; with 50% employer match about $290,800 at 4% or $193,867 at 6%; with 100% employer match about $218,100 at 4% or $145,400 at 6%.
Hungate Business Services Inc. 401(K) Retirement Plan-13$1,520,318$90,076$6,929iApproximate average salary by contribution assumption: employee only about $173,223 at 4% or $115,482 at 6%; with 50% employer match about $115,482 at 4% or $76,988 at 6%; with 100% employer match about $86,612 at 4% or $57,741 at 6%.
HUNGATE BUSINESS SERVICES, INC. CASH BALANCE PLAN-14$154,196$154,196$11,014iApproximate average salary by contribution assumption: employee only about $275,350 at 4% or $183,567 at 6%; with 50% employer match about $183,567 at 4% or $122,378 at 6%; with 100% employer match about $137,675 at 4% or $91,783 at 6%.
2022115$1,309,953$150,271$10,018iApproximate average salary by contribution assumption: employee only about $250,452 at 4% or $166,968 at 6%; with 50% employer match about $166,968 at 4% or $111,312 at 6%; with 100% employer match about $125,226 at 4% or $83,484 at 6%.
Hungate Business Services Inc. 401(K) Retirement Plan-15$1,309,953$150,271$10,018iApproximate average salary by contribution assumption: employee only about $250,452 at 4% or $166,968 at 6%; with 50% employer match about $166,968 at 4% or $111,312 at 6%; with 100% employer match about $125,226 at 4% or $83,484 at 6%.
2021112$1,325,494$145,145$12,095iApproximate average salary by contribution assumption: employee only about $302,385 at 4% or $201,590 at 6%; with 50% employer match about $201,590 at 4% or $134,394 at 6%; with 100% employer match about $151,193 at 4% or $100,795 at 6%.
Hungate Business Services Inc. 401(K) Retirement Plan-12$1,325,494$145,145$12,095iApproximate average salary by contribution assumption: employee only about $302,385 at 4% or $201,590 at 6%; with 50% employer match about $201,590 at 4% or $134,394 at 6%; with 100% employer match about $151,193 at 4% or $100,795 at 6%.
2020111$991,370$135,906$12,355iApproximate average salary by contribution assumption: employee only about $308,877 at 4% or $205,918 at 6%; with 50% employer match about $205,918 at 4% or $137,279 at 6%; with 100% employer match about $154,439 at 4% or $102,959 at 6%.
Hungate Business Services Inc. 401(K) Retirement Plan-11$991,370$135,906$12,355iApproximate average salary by contribution assumption: employee only about $308,877 at 4% or $205,918 at 6%; with 50% employer match about $205,918 at 4% or $137,279 at 6%; with 100% employer match about $154,439 at 4% or $102,959 at 6%.
2019113$1,578,107$145,044$11,157iApproximate average salary by contribution assumption: employee only about $278,931 at 4% or $185,954 at 6%; with 50% employer match about $185,954 at 4% or $123,969 at 6%; with 100% employer match about $139,465 at 4% or $92,977 at 6%.
Hungate Business Services Inc. 401(K) Retirement Plan-13$1,578,107$145,044$11,157iApproximate average salary by contribution assumption: employee only about $278,931 at 4% or $185,954 at 6%; with 50% employer match about $185,954 at 4% or $123,969 at 6%; with 100% employer match about $139,465 at 4% or $92,977 at 6%.
2018111$1,204,933$122,164$11,106iApproximate average salary by contribution assumption: employee only about $277,645 at 4% or $185,097 at 6%; with 50% employer match about $185,097 at 4% or $123,398 at 6%; with 100% employer match about $138,823 at 4% or $92,548 at 6%.
Hungate Business Services Inc. 401(K) Retirement Plan-11$1,204,933$122,164$11,106iApproximate average salary by contribution assumption: employee only about $277,645 at 4% or $185,097 at 6%; with 50% employer match about $185,097 at 4% or $123,398 at 6%; with 100% employer match about $138,823 at 4% or $92,548 at 6%.
2017112$1,200,869$120,948$10,079iApproximate average salary by contribution assumption: employee only about $251,975 at 4% or $167,983 at 6%; with 50% employer match about $167,983 at 4% or $111,989 at 6%; with 100% employer match about $125,988 at 4% or $83,992 at 6%.
Hungate Business Services Inc. 401(K) Retirement Plan-12$1,200,869$120,948$10,079iApproximate average salary by contribution assumption: employee only about $251,975 at 4% or $167,983 at 6%; with 50% employer match about $167,983 at 4% or $111,989 at 6%; with 100% employer match about $125,988 at 4% or $83,992 at 6%.
2016111$924,395$122,914$11,174iApproximate average salary by contribution assumption: employee only about $279,350 at 4% or $186,233 at 6%; with 50% employer match about $186,233 at 4% or $124,156 at 6%; with 100% employer match about $139,675 at 4% or $93,117 at 6%.
Hungate Business Services Inc. 401(K) Retirement Plan-11$924,395$122,914$11,174iApproximate average salary by contribution assumption: employee only about $279,350 at 4% or $186,233 at 6%; with 50% employer match about $186,233 at 4% or $124,156 at 6%; with 100% employer match about $139,675 at 4% or $93,117 at 6%.
2015114$782,776$125,073$8,934iApproximate average salary by contribution assumption: employee only about $223,345 at 4% or $148,896 at 6%; with 50% employer match about $148,896 at 4% or $99,264 at 6%; with 100% employer match about $111,672 at 4% or $74,448 at 6%.
Hungate Business Services Inc. 401(K) Retirement Plan-14$782,776$125,073$8,934iApproximate average salary by contribution assumption: employee only about $223,345 at 4% or $148,896 at 6%; with 50% employer match about $148,896 at 4% or $99,264 at 6%; with 100% employer match about $111,672 at 4% or $74,448 at 6%.
2014114$669,286$124,591$8,899iApproximate average salary by contribution assumption: employee only about $222,484 at 4% or $148,323 at 6%; with 50% employer match about $148,323 at 4% or $98,882 at 6%; with 100% employer match about $111,242 at 4% or $74,161 at 6%.
Hungate Business Services Inc. 401(K) Retirement Plan-14$669,286$124,591$8,899iApproximate average salary by contribution assumption: employee only about $222,484 at 4% or $148,323 at 6%; with 50% employer match about $148,323 at 4% or $98,882 at 6%; with 100% employer match about $111,242 at 4% or $74,161 at 6%.
2013112$525,859$124,147$10,346iApproximate average salary by contribution assumption: employee only about $258,640 at 4% or $172,426 at 6%; with 50% employer match about $172,426 at 4% or $114,951 at 6%; with 100% employer match about $129,320 at 4% or $86,213 at 6%.
Hungate Business Services Inc. 401(K) Retirement Plan-12$525,859$124,147$10,346iApproximate average salary by contribution assumption: employee only about $258,640 at 4% or $172,426 at 6%; with 50% employer match about $172,426 at 4% or $114,951 at 6%; with 100% employer match about $129,320 at 4% or $86,213 at 6%.
2012111$347,426$114,176$10,380iApproximate average salary by contribution assumption: employee only about $259,491 at 4% or $172,994 at 6%; with 50% employer match about $172,994 at 4% or $115,329 at 6%; with 100% employer match about $129,745 at 4% or $86,497 at 6%.
Hungate Business Services Inc. 401(K) Retirement Plan-11$347,426$114,176$10,380iApproximate average salary by contribution assumption: employee only about $259,491 at 4% or $172,994 at 6%; with 50% employer match about $172,994 at 4% or $115,329 at 6%; with 100% employer match about $129,745 at 4% or $86,497 at 6%.
2011111$231,625$110,276$10,025iApproximate average salary by contribution assumption: employee only about $250,627 at 4% or $167,085 at 6%; with 50% employer match about $167,085 at 4% or $111,390 at 6%; with 100% employer match about $125,314 at 4% or $83,542 at 6%.
Hungate Business Services Inc. 401(K) Retirement Plan-11$231,625$110,276$10,025iApproximate average salary by contribution assumption: employee only about $250,627 at 4% or $167,085 at 6%; with 50% employer match about $167,085 at 4% or $111,390 at 6%; with 100% employer match about $125,314 at 4% or $83,542 at 6%.
2010111$129,158$122,534$11,139iApproximate average salary by contribution assumption: employee only about $278,486 at 4% or $185,658 at 6%; with 50% employer match about $185,658 at 4% or $123,772 at 6%; with 100% employer match about $139,243 at 4% or $92,829 at 6%.
Hungate Business Services Inc. 401(K) Retirement Plan-11$129,158$122,534$11,139iApproximate average salary by contribution assumption: employee only about $278,486 at 4% or $185,658 at 6%; with 50% employer match about $185,658 at 4% or $123,772 at 6%; with 100% employer match about $139,243 at 4% or $92,829 at 6%.