Civic Intelligence

Pitts & Associates Inc.

Plan context: Pitts & Associates Inc. Cash Balance Pension Plan

EIN 54-1843600 • Richmond, VA • 20 filings • 2 plans

7714 Whitepine RoadSuite CRichmond, VA 23237
Current Snapshot

Latest Year

2024

2024 Participants

2

2024 Assets

$1,963,888

2024 Contributions

$89,648

Historical Graphs

Total Assets Over Time

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

$1,963,888$981,944$0201520202024YearValue
$1,963,888Latest year 2024

Participants Over Time

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

210201520202024YearValue
2Latest 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
202422$1,963,888$89,648$44,824iApproximate average salary by contribution assumption: employee only about $1,120,600 at 4% or $747,067 at 6%; with 50% employer match about $747,067 at 4% or $498,044 at 6%; with 100% employer match about $560,300 at 4% or $373,533 at 6%.
Pitts & Associates Inc. Cash Balance Pension Plan-2$1,137,922$9,854$4,927iApproximate average salary by contribution assumption: employee only about $123,175 at 4% or $82,117 at 6%; with 50% employer match about $82,117 at 4% or $54,744 at 6%; with 100% employer match about $61,588 at 4% or $41,058 at 6%.
Pitts & Associates Inc. 401(K) Profit Sharing Plan-2$825,966$79,794$39,897iApproximate average salary by contribution assumption: employee only about $997,425 at 4% or $664,950 at 6%; with 50% employer match about $664,950 at 4% or $443,300 at 6%; with 100% employer match about $498,713 at 4% or $332,475 at 6%.
202322$1,730,881$178,601$89,301iApproximate average salary by contribution assumption: employee only about $2,232,513 at 4% or $1,488,342 at 6%; with 50% employer match about $1,488,342 at 4% or $992,228 at 6%; with 100% employer match about $1,116,256 at 4% or $744,171 at 6%.
Pitts & Associates Inc. Cash Balance Pension Plan-2$1,085,629$129,722$64,861iApproximate average salary by contribution assumption: employee only about $1,621,525 at 4% or $1,081,017 at 6%; with 50% employer match about $1,081,017 at 4% or $720,678 at 6%; with 100% employer match about $810,763 at 4% or $540,508 at 6%.
Pitts & Associates Inc. 401(K) Profit Sharing Plan-2$645,252$48,879$24,440iApproximate average salary by contribution assumption: employee only about $610,988 at 4% or $407,325 at 6%; with 50% employer match about $407,325 at 4% or $271,550 at 6%; with 100% employer match about $305,494 at 4% or $203,663 at 6%.
202222$1,387,383$167,412$83,706iApproximate average salary by contribution assumption: employee only about $2,092,650 at 4% or $1,395,100 at 6%; with 50% employer match about $1,395,100 at 4% or $930,067 at 6%; with 100% employer match about $1,046,325 at 4% or $697,550 at 6%.
Pitts & Associates Inc. Cash Balance Pension Plan-2$900,279$119,871$59,936iApproximate average salary by contribution assumption: employee only about $1,498,388 at 4% or $998,925 at 6%; with 50% employer match about $998,925 at 4% or $665,950 at 6%; with 100% employer match about $749,194 at 4% or $499,463 at 6%.
Pitts & Associates Inc. 401(K) Profit Sharing Plan-2$487,104$47,541$23,771iApproximate average salary by contribution assumption: employee only about $594,263 at 4% or $396,175 at 6%; with 50% employer match about $396,175 at 4% or $264,117 at 6%; with 100% employer match about $297,131 at 4% or $198,088 at 6%.
202122$1,374,142$169,372$84,686iApproximate average salary by contribution assumption: employee only about $2,117,150 at 4% or $1,411,433 at 6%; with 50% employer match about $1,411,433 at 4% or $940,956 at 6%; with 100% employer match about $1,058,575 at 4% or $705,717 at 6%.
Pitts & Associates Inc. Cash Balance Pension Plan-2$811,217$122,562$61,281iApproximate average salary by contribution assumption: employee only about $1,532,025 at 4% or $1,021,350 at 6%; with 50% employer match about $1,021,350 at 4% or $680,900 at 6%; with 100% employer match about $766,013 at 4% or $510,675 at 6%.
Pitts & Associates Inc. 401(K) Profit Sharing Plan-2$562,925$46,810$23,405iApproximate average salary by contribution assumption: employee only about $585,125 at 4% or $390,083 at 6%; with 50% employer match about $390,083 at 4% or $260,056 at 6%; with 100% employer match about $292,563 at 4% or $195,042 at 6%.
202022$1,116,890$161,227$80,614iApproximate average salary by contribution assumption: employee only about $2,015,338 at 4% or $1,343,558 at 6%; with 50% employer match about $1,343,558 at 4% or $895,706 at 6%; with 100% employer match about $1,007,669 at 4% or $671,779 at 6%.
Pitts & Associates Inc. Cash Balance Pension Plan-2$669,829$114,774$57,387iApproximate average salary by contribution assumption: employee only about $1,434,675 at 4% or $956,450 at 6%; with 50% employer match about $956,450 at 4% or $637,633 at 6%; with 100% employer match about $717,338 at 4% or $478,225 at 6%.
Pitts & Associates Inc. 401(K) Profit Sharing Plan-2$447,061$46,453$23,227iApproximate average salary by contribution assumption: employee only about $580,663 at 4% or $387,108 at 6%; with 50% employer match about $387,108 at 4% or $258,072 at 6%; with 100% employer match about $290,331 at 4% or $193,554 at 6%.
201922$871,569$159,862$79,931iApproximate average salary by contribution assumption: employee only about $1,998,275 at 4% or $1,332,183 at 6%; with 50% employer match about $1,332,183 at 4% or $888,122 at 6%; with 100% employer match about $999,138 at 4% or $666,092 at 6%.
Pitts & Associates Inc. Cash Balance Pension Plan-2$546,179$114,709$57,355iApproximate average salary by contribution assumption: employee only about $1,433,863 at 4% or $955,908 at 6%; with 50% employer match about $955,908 at 4% or $637,272 at 6%; with 100% employer match about $716,931 at 4% or $477,954 at 6%.
Pitts & Associates Inc. 401(K) Profit Sharing Plan-2$325,390$45,153$22,577iApproximate average salary by contribution assumption: employee only about $564,413 at 4% or $376,275 at 6%; with 50% employer match about $376,275 at 4% or $250,850 at 6%; with 100% employer match about $282,206 at 4% or $188,138 at 6%.
201822$633,107$90,618$45,309iApproximate average salary by contribution assumption: employee only about $1,132,725 at 4% or $755,150 at 6%; with 50% employer match about $755,150 at 4% or $503,433 at 6%; with 100% employer match about $566,363 at 4% or $377,575 at 6%.
Pitts & Associates Inc. Cash Balance Pension Plan-2$410,763$56,661$28,331iApproximate average salary by contribution assumption: employee only about $708,263 at 4% or $472,175 at 6%; with 50% employer match about $472,175 at 4% or $314,783 at 6%; with 100% employer match about $354,131 at 4% or $236,088 at 6%.
Pitts & Associates Inc. 401(K) Profit Sharing Plan-2$222,344$33,957$16,979iApproximate average salary by contribution assumption: employee only about $424,463 at 4% or $282,975 at 6%; with 50% employer match about $282,975 at 4% or $188,650 at 6%; with 100% employer match about $212,231 at 4% or $141,488 at 6%.
201722$563,233$187,502$93,751iApproximate average salary by contribution assumption: employee only about $2,343,775 at 4% or $1,562,517 at 6%; with 50% employer match about $1,562,517 at 4% or $1,041,678 at 6%; with 100% employer match about $1,171,888 at 4% or $781,258 at 6%.
Pitts & Associates Inc. Cash Balance Pension Plan-2$354,905$122,969$61,485iApproximate average salary by contribution assumption: employee only about $1,537,113 at 4% or $1,024,742 at 6%; with 50% employer match about $1,024,742 at 4% or $683,161 at 6%; with 100% employer match about $768,556 at 4% or $512,371 at 6%.
Pitts & Associates Inc. 401(K) Profit Sharing Plan-2$208,328$64,533$32,267iApproximate average salary by contribution assumption: employee only about $806,663 at 4% or $537,775 at 6%; with 50% employer match about $537,775 at 4% or $358,517 at 6%; with 100% employer match about $403,331 at 4% or $268,888 at 6%.
201622$346,124$171,400$85,700iApproximate average salary by contribution assumption: employee only about $2,142,500 at 4% or $1,428,333 at 6%; with 50% employer match about $1,428,333 at 4% or $952,222 at 6%; with 100% employer match about $1,071,250 at 4% or $714,167 at 6%.
Pitts & Associates Inc. Cash Balance Pension Plan-2$228,295$114,117$57,059iApproximate average salary by contribution assumption: employee only about $1,426,463 at 4% or $950,975 at 6%; with 50% employer match about $950,975 at 4% or $633,983 at 6%; with 100% employer match about $713,231 at 4% or $475,488 at 6%.
Pitts & Associates Inc. 401(K) Profit Sharing Plan-2$117,829$57,283$28,642iApproximate average salary by contribution assumption: employee only about $716,038 at 4% or $477,358 at 6%; with 50% employer match about $477,358 at 4% or $318,239 at 6%; with 100% employer match about $358,019 at 4% or $238,679 at 6%.
201522$172,739$172,739$86,370iApproximate average salary by contribution assumption: employee only about $2,159,238 at 4% or $1,439,492 at 6%; with 50% employer match about $1,439,492 at 4% or $959,661 at 6%; with 100% employer match about $1,079,619 at 4% or $719,746 at 6%.
Pitts & Associates Inc. Cash Balance Pension Plan-2$114,091$114,091$57,046iApproximate average salary by contribution assumption: employee only about $1,426,138 at 4% or $950,758 at 6%; with 50% employer match about $950,758 at 4% or $633,839 at 6%; with 100% employer match about $713,069 at 4% or $475,379 at 6%.
Pitts & Associates Inc. 401(K) Profit Sharing Plan-2$58,648$58,648$29,324iApproximate average salary by contribution assumption: employee only about $733,100 at 4% or $488,733 at 6%; with 50% employer match about $488,733 at 4% or $325,822 at 6%; with 100% employer match about $366,550 at 4% or $244,367 at 6%.