Civic Intelligence

Jb Basnight & Son Electrical Contractors Inc.

Plan context: Basnight Electrical 401(K) Plan

EIN 54-1784978 • Chesapeake, VA • 25 filings • 7 plans

1220 S. Military HighwayChesapeake, VA 23320
Current Snapshot

Latest Year

2024

2024 Participants

7

2024 Assets

$1,494,193

2024 Contributions

$9,371

Historical Graphs

Total Assets Over Time

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

$1,494,193$747,097$0200020132024YearValue
$1,494,193Latest year 2024

Participants Over Time

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

840200020122024YearValue
7Latest 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
202417$1,494,193$9,371$1,339iApproximate average salary by contribution assumption: employee only about $33,468 at 4% or $22,312 at 6%; with 50% employer match about $22,312 at 4% or $14,875 at 6%; with 100% employer match about $16,734 at 4% or $11,156 at 6%.
Basnight Electrical 401(K) Plan-7$1,494,193$9,371$1,339iApproximate average salary by contribution assumption: employee only about $33,468 at 4% or $22,312 at 6%; with 50% employer match about $22,312 at 4% or $14,875 at 6%; with 100% employer match about $16,734 at 4% or $11,156 at 6%.
202316$1,359,452$55,256$9,209iApproximate average salary by contribution assumption: employee only about $230,233 at 4% or $153,489 at 6%; with 50% employer match about $153,489 at 4% or $102,326 at 6%; with 100% employer match about $115,117 at 4% or $76,744 at 6%.
Basnight Electrical 401(K) Plan-6$1,359,452$55,256$9,209iApproximate average salary by contribution assumption: employee only about $230,233 at 4% or $153,489 at 6%; with 50% employer match about $153,489 at 4% or $102,326 at 6%; with 100% employer match about $115,117 at 4% or $76,744 at 6%.
202216$1,155,449$57,923$9,654iApproximate average salary by contribution assumption: employee only about $241,346 at 4% or $160,897 at 6%; with 50% employer match about $160,897 at 4% or $107,265 at 6%; with 100% employer match about $120,673 at 4% or $80,449 at 6%.
Basnight Electrical 401(K) Plan-6$1,155,449$57,923$9,654iApproximate average salary by contribution assumption: employee only about $241,346 at 4% or $160,897 at 6%; with 50% employer match about $160,897 at 4% or $107,265 at 6%; with 100% employer match about $120,673 at 4% or $80,449 at 6%.
202116$1,232,709$67,739$11,290iApproximate average salary by contribution assumption: employee only about $282,246 at 4% or $188,164 at 6%; with 50% employer match about $188,164 at 4% or $125,443 at 6%; with 100% employer match about $141,123 at 4% or $94,082 at 6%.
Basnight Electrical 401(K) Plan-6$1,232,709$67,739$11,290iApproximate average salary by contribution assumption: employee only about $282,246 at 4% or $188,164 at 6%; with 50% employer match about $188,164 at 4% or $125,443 at 6%; with 100% employer match about $141,123 at 4% or $94,082 at 6%.
202016$1,049,411$51,550$8,592iApproximate average salary by contribution assumption: employee only about $214,792 at 4% or $143,194 at 6%; with 50% employer match about $143,194 at 4% or $95,463 at 6%; with 100% employer match about $107,396 at 4% or $71,597 at 6%.
Basnight Electrical 401(K) Plan-6$1,049,411$51,550$8,592iApproximate average salary by contribution assumption: employee only about $214,792 at 4% or $143,194 at 6%; with 50% employer match about $143,194 at 4% or $95,463 at 6%; with 100% employer match about $107,396 at 4% or $71,597 at 6%.
201916$920,773$48,089$8,015iApproximate average salary by contribution assumption: employee only about $200,371 at 4% or $133,581 at 6%; with 50% employer match about $133,581 at 4% or $89,054 at 6%; with 100% employer match about $100,185 at 4% or $66,790 at 6%.
Basnight Electrical 401(K) Plan-6$920,773$48,089$8,015iApproximate average salary by contribution assumption: employee only about $200,371 at 4% or $133,581 at 6%; with 50% employer match about $133,581 at 4% or $89,054 at 6%; with 100% employer match about $100,185 at 4% or $66,790 at 6%.
201816$736,621$49,676$8,279iApproximate average salary by contribution assumption: employee only about $206,983 at 4% or $137,989 at 6%; with 50% employer match about $137,989 at 4% or $91,993 at 6%; with 100% employer match about $103,492 at 4% or $68,994 at 6%.
Basnight Electrical 401(K) Plan-6$736,621$49,676$8,279iApproximate average salary by contribution assumption: employee only about $206,983 at 4% or $137,989 at 6%; with 50% employer match about $137,989 at 4% or $91,993 at 6%; with 100% employer match about $103,492 at 4% or $68,994 at 6%.
201716$731,278$53,062$8,844iApproximate average salary by contribution assumption: employee only about $221,092 at 4% or $147,394 at 6%; with 50% employer match about $147,394 at 4% or $98,263 at 6%; with 100% employer match about $110,546 at 4% or $73,697 at 6%.
Basnight Electrical 401(K) Plan-6$731,278$53,062$8,844iApproximate average salary by contribution assumption: employee only about $221,092 at 4% or $147,394 at 6%; with 50% employer match about $147,394 at 4% or $98,263 at 6%; with 100% employer match about $110,546 at 4% or $73,697 at 6%.
201615$601,607$46,642$9,328iApproximate average salary by contribution assumption: employee only about $233,210 at 4% or $155,473 at 6%; with 50% employer match about $155,473 at 4% or $103,649 at 6%; with 100% employer match about $116,605 at 4% or $77,737 at 6%.
Basnight Electrical 401(K) Plan-5$601,607$46,642$9,328iApproximate average salary by contribution assumption: employee only about $233,210 at 4% or $155,473 at 6%; with 50% employer match about $155,473 at 4% or $103,649 at 6%; with 100% employer match about $116,605 at 4% or $77,737 at 6%.
201516$577,701$42,498$7,083iApproximate average salary by contribution assumption: employee only about $177,075 at 4% or $118,050 at 6%; with 50% employer match about $118,050 at 4% or $78,700 at 6%; with 100% employer match about $88,538 at 4% or $59,025 at 6%.
Basnight Electrical 401(K) Plan-6$577,701$42,498$7,083iApproximate average salary by contribution assumption: employee only about $177,075 at 4% or $118,050 at 6%; with 50% employer match about $118,050 at 4% or $78,700 at 6%; with 100% employer match about $88,538 at 4% or $59,025 at 6%.
201413$543,419$30,000$10,000iApproximate average salary by contribution assumption: employee only about $250,000 at 4% or $166,667 at 6%; with 50% employer match about $166,667 at 4% or $111,111 at 6%; with 100% employer match about $125,000 at 4% or $83,333 at 6%.
Basnight Electrical 401(K) Plan-3$543,419$30,000$10,000iApproximate average salary by contribution assumption: employee only about $250,000 at 4% or $166,667 at 6%; with 50% employer match about $166,667 at 4% or $111,111 at 6%; with 100% employer match about $125,000 at 4% or $83,333 at 6%.
201313$500,917$28,000$9,333iApproximate average salary by contribution assumption: employee only about $233,333 at 4% or $155,556 at 6%; with 50% employer match about $155,556 at 4% or $103,704 at 6%; with 100% employer match about $116,667 at 4% or $77,778 at 6%.
Basnight Electrical 401(K) Plan-3$500,917$28,000$9,333iApproximate average salary by contribution assumption: employee only about $233,333 at 4% or $155,556 at 6%; with 50% employer match about $155,556 at 4% or $103,704 at 6%; with 100% employer match about $116,667 at 4% or $77,778 at 6%.
201213$432,796$28,000$9,333iApproximate average salary by contribution assumption: employee only about $233,333 at 4% or $155,556 at 6%; with 50% employer match about $155,556 at 4% or $103,704 at 6%; with 100% employer match about $116,667 at 4% or $77,778 at 6%.
Basnight Electrical 401(K) Plan-3$432,796$28,000$9,333iApproximate average salary by contribution assumption: employee only about $233,333 at 4% or $155,556 at 6%; with 50% employer match about $155,556 at 4% or $103,704 at 6%; with 100% employer match about $116,667 at 4% or $77,778 at 6%.
201113$372,316$28,500$9,500iApproximate average salary by contribution assumption: employee only about $237,500 at 4% or $158,333 at 6%; with 50% employer match about $158,333 at 4% or $105,556 at 6%; with 100% employer match about $118,750 at 4% or $79,167 at 6%.
Basnight Electrical 401(K) Plan-3$372,316$28,500$9,500iApproximate average salary by contribution assumption: employee only about $237,500 at 4% or $158,333 at 6%; with 50% employer match about $158,333 at 4% or $105,556 at 6%; with 100% employer match about $118,750 at 4% or $79,167 at 6%.
201013$362,526$38,961$12,987iApproximate average salary by contribution assumption: employee only about $324,675 at 4% or $216,450 at 6%; with 50% employer match about $216,450 at 4% or $144,300 at 6%; with 100% employer match about $162,338 at 4% or $108,225 at 6%.
Basnight Electrical 401(K) Plan-3$362,526$38,961$12,987iApproximate average salary by contribution assumption: employee only about $324,675 at 4% or $216,450 at 6%; with 50% employer match about $216,450 at 4% or $144,300 at 6%; with 100% employer match about $162,338 at 4% or $108,225 at 6%.
200914$305,794$36,610$9,153iApproximate average salary by contribution assumption: employee only about $228,813 at 4% or $152,542 at 6%; with 50% employer match about $152,542 at 4% or $101,694 at 6%; with 100% employer match about $114,406 at 4% or $76,271 at 6%.
Basnight Electrical 401(K) Plan-4$305,794$36,610$9,153iApproximate average salary by contribution assumption: employee only about $228,813 at 4% or $152,542 at 6%; with 50% employer match about $152,542 at 4% or $101,694 at 6%; with 100% employer match about $114,406 at 4% or $76,271 at 6%.
200817$427,264$81,779$11,683iApproximate average salary by contribution assumption: employee only about $292,068 at 4% or $194,712 at 6%; with 50% employer match about $194,712 at 4% or $129,808 at 6%; with 100% employer match about $146,034 at 4% or $97,356 at 6%.
Basnight Electrical 401(K) Plan-7$427,264$81,779$11,683iApproximate average salary by contribution assumption: employee only about $292,068 at 4% or $194,712 at 6%; with 50% employer match about $194,712 at 4% or $129,808 at 6%; with 100% employer match about $146,034 at 4% or $97,356 at 6%.
200717$0$0-
Basnight Electrical 401(K) Plan-7---
200617$473,013$31,275$4,468iApproximate average salary by contribution assumption: employee only about $111,696 at 4% or $74,464 at 6%; with 50% employer match about $74,464 at 4% or $49,643 at 6%; with 100% employer match about $55,848 at 4% or $37,232 at 6%.
Basnight Electrical 401(K) Plan-7$473,013$31,275$4,468iApproximate average salary by contribution assumption: employee only about $111,696 at 4% or $74,464 at 6%; with 50% employer match about $74,464 at 4% or $49,643 at 6%; with 100% employer match about $55,848 at 4% or $37,232 at 6%.
200517$427,377$15,000$2,143iApproximate average salary by contribution assumption: employee only about $53,571 at 4% or $35,714 at 6%; with 50% employer match about $35,714 at 4% or $23,810 at 6%; with 100% employer match about $26,786 at 4% or $17,857 at 6%.
Basnight Electrical 401(K) Plan-7$427,377$15,000$2,143iApproximate average salary by contribution assumption: employee only about $53,571 at 4% or $35,714 at 6%; with 50% employer match about $35,714 at 4% or $23,810 at 6%; with 100% employer match about $26,786 at 4% or $17,857 at 6%.
200417$414,415$15,000$2,143iApproximate average salary by contribution assumption: employee only about $53,571 at 4% or $35,714 at 6%; with 50% employer match about $35,714 at 4% or $23,810 at 6%; with 100% employer match about $26,786 at 4% or $17,857 at 6%.
Basnight Electrical 401(K) Plan-7$414,415$15,000$2,143iApproximate average salary by contribution assumption: employee only about $53,571 at 4% or $35,714 at 6%; with 50% employer match about $35,714 at 4% or $23,810 at 6%; with 100% employer match about $26,786 at 4% or $17,857 at 6%.
200318$398,035$0-
Basnight Electrical 401(K) Plan-8$398,035--
200218$381,384$15,000$1,875iApproximate average salary by contribution assumption: employee only about $46,875 at 4% or $31,250 at 6%; with 50% employer match about $31,250 at 4% or $20,833 at 6%; with 100% employer match about $23,438 at 4% or $15,625 at 6%.
Basnight Electrical 401(K) Plan-8$381,384$15,000$1,875iApproximate average salary by contribution assumption: employee only about $46,875 at 4% or $31,250 at 6%; with 50% employer match about $31,250 at 4% or $20,833 at 6%; with 100% employer match about $23,438 at 4% or $15,625 at 6%.
200118$0$0-
Basnight Electrical 401(K) Plan-8---
200017$573,322$20,000$2,857iApproximate average salary by contribution assumption: employee only about $71,429 at 4% or $47,619 at 6%; with 50% employer match about $47,619 at 4% or $31,746 at 6%; with 100% employer match about $35,714 at 4% or $23,810 at 6%.
Basnight Electrical 401(K) Plan-7$573,322$20,000$2,857iApproximate average salary by contribution assumption: employee only about $71,429 at 4% or $47,619 at 6%; with 50% employer match about $47,619 at 4% or $31,746 at 6%; with 100% employer match about $35,714 at 4% or $23,810 at 6%.