BASIC ELECTRIC COMPANY, INC.
Plan context: ASPEN ASSET GROUP 401(K) PLAN
EIN 56-0797951 • Matthews, NC • 21 filings • 3 plans
Current Snapshot
Latest Year
2024
2024 Participants
8
2024 Assets
$1,664,000
2024 Contributions
$29,385
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 8 | $1,664,000 | $29,385 | $3,673iApproximate average salary by contribution assumption: employee only about $91,828 at 4% or $61,219 at 6%; with 50% employer match about $61,219 at 4% or $40,813 at 6%; with 100% employer match about $45,914 at 4% or $30,609 at 6%. |
| ASPEN ASSET GROUP 401(K) PLAN | - | 8 | $1,664,000 | $29,385 | $3,673iApproximate average salary by contribution assumption: employee only about $91,828 at 4% or $61,219 at 6%; with 50% employer match about $61,219 at 4% or $40,813 at 6%; with 100% employer match about $45,914 at 4% or $30,609 at 6%. |
| 2023 | 1 | 8 | $1,399,949 | $22,981 | $2,873iApproximate average salary by contribution assumption: employee only about $71,816 at 4% or $47,877 at 6%; with 50% employer match about $47,877 at 4% or $31,918 at 6%; with 100% employer match about $35,908 at 4% or $23,939 at 6%. |
| ASPEN ASSET GROUP 401(K) PLAN | - | 8 | $1,399,949 | $22,981 | $2,873iApproximate average salary by contribution assumption: employee only about $71,816 at 4% or $47,877 at 6%; with 50% employer match about $47,877 at 4% or $31,918 at 6%; with 100% employer match about $35,908 at 4% or $23,939 at 6%. |
| 2022 | 1 | 11 | $1,156,832 | $18,674 | $1,698iApproximate average salary by contribution assumption: employee only about $42,441 at 4% or $28,294 at 6%; with 50% employer match about $28,294 at 4% or $18,863 at 6%; with 100% employer match about $21,220 at 4% or $14,147 at 6%. |
| ASPEN ASSET GROUP 401(K) PLAN | - | 11 | $1,156,832 | $18,674 | $1,698iApproximate average salary by contribution assumption: employee only about $42,441 at 4% or $28,294 at 6%; with 50% employer match about $28,294 at 4% or $18,863 at 6%; with 100% employer match about $21,220 at 4% or $14,147 at 6%. |
| 2018 | 1 | 45 | $1,188,857 | $28,555 | $635iApproximate average salary by contribution assumption: employee only about $15,864 at 4% or $10,576 at 6%; with 50% employer match about $10,576 at 4% or $7,051 at 6%; with 100% employer match about $7,932 at 4% or $5,288 at 6%. |
| BASIC ELECTRIC COMPANY, INC. 401(K) PLAN | - | 45 | $1,188,857 | $28,555 | $635iApproximate average salary by contribution assumption: employee only about $15,864 at 4% or $10,576 at 6%; with 50% employer match about $10,576 at 4% or $7,051 at 6%; with 100% employer match about $7,932 at 4% or $5,288 at 6%. |
| 2017 | 1 | 28 | $1,496,965 | $31,517 | $1,126iApproximate average salary by contribution assumption: employee only about $28,140 at 4% or $18,760 at 6%; with 50% employer match about $18,760 at 4% or $12,507 at 6%; with 100% employer match about $14,070 at 4% or $9,380 at 6%. |
| BASIC ELECTRIC COMPANY, INC. 401(K) PLAN | - | 28 | $1,496,965 | $31,517 | $1,126iApproximate average salary by contribution assumption: employee only about $28,140 at 4% or $18,760 at 6%; with 50% employer match about $18,760 at 4% or $12,507 at 6%; with 100% employer match about $14,070 at 4% or $9,380 at 6%. |
| 2016 | 1 | 29 | $1,193,797 | $40,336 | $1,391iApproximate average salary by contribution assumption: employee only about $34,772 at 4% or $23,182 at 6%; with 50% employer match about $23,182 at 4% or $15,454 at 6%; with 100% employer match about $17,386 at 4% or $11,591 at 6%. |
| BASIC ELECTRIC COMPANY, INC. 401(K) PLAN | - | 29 | $1,193,797 | $40,336 | $1,391iApproximate average salary by contribution assumption: employee only about $34,772 at 4% or $23,182 at 6%; with 50% employer match about $23,182 at 4% or $15,454 at 6%; with 100% employer match about $17,386 at 4% or $11,591 at 6%. |
| 2015 | 1 | 33 | $1,222,799 | $54,353 | $1,647iApproximate average salary by contribution assumption: employee only about $41,177 at 4% or $27,451 at 6%; with 50% employer match about $27,451 at 4% or $18,301 at 6%; with 100% employer match about $20,588 at 4% or $13,726 at 6%. |
| BASIC ELECTRIC COMPANY, INC. 401(K) PLAN | - | 33 | $1,222,799 | $54,353 | $1,647iApproximate average salary by contribution assumption: employee only about $41,177 at 4% or $27,451 at 6%; with 50% employer match about $27,451 at 4% or $18,301 at 6%; with 100% employer match about $20,588 at 4% or $13,726 at 6%. |
| 2014 | 1 | 35 | $1,262,773 | $48,804 | $1,394iApproximate average salary by contribution assumption: employee only about $34,860 at 4% or $23,240 at 6%; with 50% employer match about $23,240 at 4% or $15,493 at 6%; with 100% employer match about $17,430 at 4% or $11,620 at 6%. |
| BASIC ELECTRIC COMPANY, INC. 401(K) PLAN | - | 35 | $1,262,773 | $48,804 | $1,394iApproximate average salary by contribution assumption: employee only about $34,860 at 4% or $23,240 at 6%; with 50% employer match about $23,240 at 4% or $15,493 at 6%; with 100% employer match about $17,430 at 4% or $11,620 at 6%. |
| 2013 | 1 | 36 | $1,206,497 | $55,905 | $1,553iApproximate average salary by contribution assumption: employee only about $38,823 at 4% or $25,882 at 6%; with 50% employer match about $25,882 at 4% or $17,255 at 6%; with 100% employer match about $19,411 at 4% or $12,941 at 6%. |
| BASIC ELECTRIC COMPANY, INC. 401(K) PLAN | - | 36 | $1,206,497 | $55,905 | $1,553iApproximate average salary by contribution assumption: employee only about $38,823 at 4% or $25,882 at 6%; with 50% employer match about $25,882 at 4% or $17,255 at 6%; with 100% employer match about $19,411 at 4% or $12,941 at 6%. |
| 2012 | 1 | 63 | $1,144,094 | $65,512 | $1,040iApproximate average salary by contribution assumption: employee only about $25,997 at 4% or $17,331 at 6%; with 50% employer match about $17,331 at 4% or $11,554 at 6%; with 100% employer match about $12,998 at 4% or $8,666 at 6%. |
| BASIC ELECTRIC COMPANY, INC. 401(K) PLAN | - | 63 | $1,144,094 | $65,512 | $1,040iApproximate average salary by contribution assumption: employee only about $25,997 at 4% or $17,331 at 6%; with 50% employer match about $17,331 at 4% or $11,554 at 6%; with 100% employer match about $12,998 at 4% or $8,666 at 6%. |
| 2011 | 1 | 53 | $1,363,408 | $74,283 | $1,402iApproximate average salary by contribution assumption: employee only about $35,039 at 4% or $23,359 at 6%; with 50% employer match about $23,359 at 4% or $15,573 at 6%; with 100% employer match about $17,520 at 4% or $11,680 at 6%. |
| BASIC ELECTRIC COMPANY, INC. 401(K) PLAN | - | 53 | $1,363,408 | $74,283 | $1,402iApproximate average salary by contribution assumption: employee only about $35,039 at 4% or $23,359 at 6%; with 50% employer match about $23,359 at 4% or $15,573 at 6%; with 100% employer match about $17,520 at 4% or $11,680 at 6%. |
| 2010 | 1 | 0 | $1,451,215 | $102,048 | - |
| BASIC ELECTRIC COMPANY, INC. 401(K) PLAN | - | 0 | $1,451,215 | $102,048 | - |
| 2009 | 1 | 104 | $1,321,494 | $337,828 | $3,248iApproximate average salary by contribution assumption: employee only about $81,209 at 4% or $54,139 at 6%; with 50% employer match about $54,139 at 4% or $36,093 at 6%; with 100% employer match about $40,604 at 4% or $27,070 at 6%. |
| BASIC ELECTRIC COMPANY, INC. 401(K) PLAN | - | 104 | $1,321,494 | $337,828 | $3,248iApproximate average salary by contribution assumption: employee only about $81,209 at 4% or $54,139 at 6%; with 50% employer match about $54,139 at 4% or $36,093 at 6%; with 100% employer match about $40,604 at 4% or $27,070 at 6%. |
| 2008 | 1 | 105 | $1,038,555 | $283,091 | $2,696iApproximate average salary by contribution assumption: employee only about $67,403 at 4% or $44,935 at 6%; with 50% employer match about $44,935 at 4% or $29,957 at 6%; with 100% employer match about $33,701 at 4% or $22,468 at 6%. |
| BASIC ELECTRIC COMPANY, INC. 401K PLAN | - | 105 | $1,038,555 | $283,091 | $2,696iApproximate average salary by contribution assumption: employee only about $67,403 at 4% or $44,935 at 6%; with 50% employer match about $44,935 at 4% or $29,957 at 6%; with 100% employer match about $33,701 at 4% or $22,468 at 6%. |
| 2007 | 1 | 115 | $1,532,846 | $296,362 | $2,577iApproximate average salary by contribution assumption: employee only about $64,427 at 4% or $42,951 at 6%; with 50% employer match about $42,951 at 4% or $28,634 at 6%; with 100% employer match about $32,213 at 4% or $21,476 at 6%. |
| BASIC ELECTRIC COMPANY, INC. 401K PLAN | - | 115 | $1,532,846 | $296,362 | $2,577iApproximate average salary by contribution assumption: employee only about $64,427 at 4% or $42,951 at 6%; with 50% employer match about $42,951 at 4% or $28,634 at 6%; with 100% employer match about $32,213 at 4% or $21,476 at 6%. |
| 2006 | 1 | 0 | $915,617 | $0 | - |
| BASIC ELECTRIC COMPANY, INC. 401K PLAN | - | 0 | $915,617 | - | - |
| 2005 | 1 | 128 | $915,617 | $275,472 | $2,152iApproximate average salary by contribution assumption: employee only about $53,803 at 4% or $35,869 at 6%; with 50% employer match about $35,869 at 4% or $23,913 at 6%; with 100% employer match about $26,902 at 4% or $17,934 at 6%. |
| BASIC ELECTRIC COMPANY, INC. 401K PLAN | - | 128 | $915,617 | $275,472 | $2,152iApproximate average salary by contribution assumption: employee only about $53,803 at 4% or $35,869 at 6%; with 50% employer match about $35,869 at 4% or $23,913 at 6%; with 100% employer match about $26,902 at 4% or $17,934 at 6%. |
| 2004 | 1 | 88 | $648,948 | $222,013 | $2,523iApproximate average salary by contribution assumption: employee only about $63,072 at 4% or $42,048 at 6%; with 50% employer match about $42,048 at 4% or $28,032 at 6%; with 100% employer match about $31,536 at 4% or $21,024 at 6%. |
| BASIC ELECTRIC COMPANY, INC. 401K PLAN | - | 88 | $648,948 | $222,013 | $2,523iApproximate average salary by contribution assumption: employee only about $63,072 at 4% or $42,048 at 6%; with 50% employer match about $42,048 at 4% or $28,032 at 6%; with 100% employer match about $31,536 at 4% or $21,024 at 6%. |
| 2003 | 1 | 72 | $0 | $0 | - |
| BASIC ELECTRIC COMPANY, INC. 401K PLAN | - | 72 | - | - | - |
| 2002 | 1 | 106 | $229,748 | $181,088 | $1,708iApproximate average salary by contribution assumption: employee only about $42,709 at 4% or $28,473 at 6%; with 50% employer match about $28,473 at 4% or $18,982 at 6%; with 100% employer match about $21,355 at 4% or $14,236 at 6%. |
| BASIC ELECTRIC COMPANY, INC. 401K PLAN | - | 106 | $229,748 | $181,088 | $1,708iApproximate average salary by contribution assumption: employee only about $42,709 at 4% or $28,473 at 6%; with 50% employer match about $28,473 at 4% or $18,982 at 6%; with 100% employer match about $21,355 at 4% or $14,236 at 6%. |
| 2001 | 1 | 98 | $0 | $0 | - |
| BASIC ELECTRIC COMPANY, INC. 401K PLAN | - | 98 | - | - | - |