Civic Intelligence

Randy May Electric Inc.

Plan context: Randy May Electric Company Profit Sharing Plan

EIN 57-0849539 • Hilton Head Island, SC • 26 filings • 4 plans

P.O. Box 5917Hilton Head Island, SC 29938
Current Snapshot

Latest Year

2024

2024 Participants

10

2024 Assets

$1,008,042

2024 Contributions

$136,511

Historical Graphs

Total Assets Over Time

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

$1,201,924$600,962$0199920142024YearValue
$1,008,042Latest year 2024

Participants Over Time

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

1580199920122024YearValue
10Latest 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
2024110$1,008,042$136,511$13,651iApproximate average salary by contribution assumption: employee only about $341,278 at 4% or $227,518 at 6%; with 50% employer match about $227,518 at 4% or $151,679 at 6%; with 100% employer match about $170,639 at 4% or $113,759 at 6%.
Randy May Electric Company Profit Sharing Plan-10$1,008,042$136,511$13,651iApproximate average salary by contribution assumption: employee only about $341,278 at 4% or $227,518 at 6%; with 50% employer match about $227,518 at 4% or $151,679 at 6%; with 100% employer match about $170,639 at 4% or $113,759 at 6%.
2023111$861,778$78,972$7,179iApproximate average salary by contribution assumption: employee only about $179,482 at 4% or $119,655 at 6%; with 50% employer match about $119,655 at 4% or $79,770 at 6%; with 100% employer match about $89,741 at 4% or $59,827 at 6%.
Randy May Electric Company Profit Sharing Plan-11$861,778$78,972$7,179iApproximate average salary by contribution assumption: employee only about $179,482 at 4% or $119,655 at 6%; with 50% employer match about $119,655 at 4% or $79,770 at 6%; with 100% employer match about $89,741 at 4% or $59,827 at 6%.
2022111$687,311$37,843$3,440iApproximate average salary by contribution assumption: employee only about $86,007 at 4% or $57,338 at 6%; with 50% employer match about $57,338 at 4% or $38,225 at 6%; with 100% employer match about $43,003 at 4% or $28,669 at 6%.
Randy May Electric Company Profit Sharing Plan-11$687,311$37,843$3,440iApproximate average salary by contribution assumption: employee only about $86,007 at 4% or $57,338 at 6%; with 50% employer match about $57,338 at 4% or $38,225 at 6%; with 100% employer match about $43,003 at 4% or $28,669 at 6%.
2021111$784,947$89,897$8,172iApproximate average salary by contribution assumption: employee only about $204,311 at 4% or $136,208 at 6%; with 50% employer match about $136,208 at 4% or $90,805 at 6%; with 100% employer match about $102,156 at 4% or $68,104 at 6%.
Randy May Electric Company Profit Sharing Plan-11$784,947$89,897$8,172iApproximate average salary by contribution assumption: employee only about $204,311 at 4% or $136,208 at 6%; with 50% employer match about $136,208 at 4% or $90,805 at 6%; with 100% employer match about $102,156 at 4% or $68,104 at 6%.
2020111$617,127$78,941$7,176iApproximate average salary by contribution assumption: employee only about $179,411 at 4% or $119,608 at 6%; with 50% employer match about $119,608 at 4% or $79,738 at 6%; with 100% employer match about $89,706 at 4% or $59,804 at 6%.
Randy May Electric Company Profit Sharing Plan-11$617,127$78,941$7,176iApproximate average salary by contribution assumption: employee only about $179,411 at 4% or $119,608 at 6%; with 50% employer match about $119,608 at 4% or $79,738 at 6%; with 100% employer match about $89,706 at 4% or $59,804 at 6%.
2019111$449,240$91,203$8,291iApproximate average salary by contribution assumption: employee only about $207,280 at 4% or $138,186 at 6%; with 50% employer match about $138,186 at 4% or $92,124 at 6%; with 100% employer match about $103,640 at 4% or $69,093 at 6%.
Randy May Electric Company Profit Sharing Plan-11$449,240$91,203$8,291iApproximate average salary by contribution assumption: employee only about $207,280 at 4% or $138,186 at 6%; with 50% employer match about $138,186 at 4% or $92,124 at 6%; with 100% employer match about $103,640 at 4% or $69,093 at 6%.
201819$525,654$29,011$3,223iApproximate average salary by contribution assumption: employee only about $80,586 at 4% or $53,724 at 6%; with 50% employer match about $53,724 at 4% or $35,816 at 6%; with 100% employer match about $40,293 at 4% or $26,862 at 6%.
Randy May Electric Company Profit Sharing Plan-9$525,654$29,011$3,223iApproximate average salary by contribution assumption: employee only about $80,586 at 4% or $53,724 at 6%; with 50% employer match about $53,724 at 4% or $35,816 at 6%; with 100% employer match about $40,293 at 4% or $26,862 at 6%.
201717$512,290$80,885$11,555iApproximate average salary by contribution assumption: employee only about $288,875 at 4% or $192,583 at 6%; with 50% employer match about $192,583 at 4% or $128,389 at 6%; with 100% employer match about $144,438 at 4% or $96,292 at 6%.
Randy May Electric Company Profit Sharing Plan-7$512,290$80,885$11,555iApproximate average salary by contribution assumption: employee only about $288,875 at 4% or $192,583 at 6%; with 50% employer match about $192,583 at 4% or $128,389 at 6%; with 100% employer match about $144,438 at 4% or $96,292 at 6%.
201615$409,197$139,365$27,873iApproximate average salary by contribution assumption: employee only about $696,825 at 4% or $464,550 at 6%; with 50% employer match about $464,550 at 4% or $309,700 at 6%; with 100% employer match about $348,413 at 4% or $232,275 at 6%.
Randy May Electric Company Profit Sharing Plan-5$409,197$139,365$27,873iApproximate average salary by contribution assumption: employee only about $696,825 at 4% or $464,550 at 6%; with 50% employer match about $464,550 at 4% or $309,700 at 6%; with 100% employer match about $348,413 at 4% or $232,275 at 6%.
201517$426,592$25,721$3,674iApproximate average salary by contribution assumption: employee only about $91,861 at 4% or $61,240 at 6%; with 50% employer match about $61,240 at 4% or $40,827 at 6%; with 100% employer match about $45,930 at 4% or $30,620 at 6%.
Randy May Electric Company Profit Sharing Plan-7$426,592$25,721$3,674iApproximate average salary by contribution assumption: employee only about $91,861 at 4% or $61,240 at 6%; with 50% employer match about $61,240 at 4% or $40,827 at 6%; with 100% employer match about $45,930 at 4% or $30,620 at 6%.
201418$431,849$82,428$10,304iApproximate average salary by contribution assumption: employee only about $257,588 at 4% or $171,725 at 6%; with 50% employer match about $171,725 at 4% or $114,483 at 6%; with 100% employer match about $128,794 at 4% or $85,863 at 6%.
Randy May Electric Company Profit Sharing Plan-8$431,849$82,428$10,304iApproximate average salary by contribution assumption: employee only about $257,588 at 4% or $171,725 at 6%; with 50% employer match about $171,725 at 4% or $114,483 at 6%; with 100% employer match about $128,794 at 4% or $85,863 at 6%.
201318$358,050$35,261$4,408iApproximate average salary by contribution assumption: employee only about $110,191 at 4% or $73,460 at 6%; with 50% employer match about $73,460 at 4% or $48,974 at 6%; with 100% employer match about $55,095 at 4% or $36,730 at 6%.
Randy May Electric Company Profit Sharing Plan-8$358,050$35,261$4,408iApproximate average salary by contribution assumption: employee only about $110,191 at 4% or $73,460 at 6%; with 50% employer match about $73,460 at 4% or $48,974 at 6%; with 100% employer match about $55,095 at 4% or $36,730 at 6%.
201219$294,060$38,537$4,282iApproximate average salary by contribution assumption: employee only about $107,047 at 4% or $71,365 at 6%; with 50% employer match about $71,365 at 4% or $47,577 at 6%; with 100% employer match about $53,524 at 4% or $35,682 at 6%.
Randy May Electric Company Profit Sharing Plan-9$294,060$38,537$4,282iApproximate average salary by contribution assumption: employee only about $107,047 at 4% or $71,365 at 6%; with 50% employer match about $71,365 at 4% or $47,577 at 6%; with 100% employer match about $53,524 at 4% or $35,682 at 6%.
201119$224,139$9,528$1,059iApproximate average salary by contribution assumption: employee only about $26,467 at 4% or $17,644 at 6%; with 50% employer match about $17,644 at 4% or $11,763 at 6%; with 100% employer match about $13,233 at 4% or $8,822 at 6%.
Randy May Electric Company Profit Sharing Plan-9$224,139$9,528$1,059iApproximate average salary by contribution assumption: employee only about $26,467 at 4% or $17,644 at 6%; with 50% employer match about $17,644 at 4% or $11,763 at 6%; with 100% employer match about $13,233 at 4% or $8,822 at 6%.
2010112$230,801$17,017$1,418iApproximate average salary by contribution assumption: employee only about $35,452 at 4% or $23,635 at 6%; with 50% employer match about $23,635 at 4% or $15,756 at 6%; with 100% employer match about $17,726 at 4% or $11,817 at 6%.
Randy May Electric Company Profit Sharing Plan-12$230,801$17,017$1,418iApproximate average salary by contribution assumption: employee only about $35,452 at 4% or $23,635 at 6%; with 50% employer match about $23,635 at 4% or $15,756 at 6%; with 100% employer match about $17,726 at 4% or $11,817 at 6%.
2009113$186,475$21,046$1,619iApproximate average salary by contribution assumption: employee only about $40,473 at 4% or $26,982 at 6%; with 50% employer match about $26,982 at 4% or $17,988 at 6%; with 100% employer match about $20,237 at 4% or $13,491 at 6%.
Randy May Electric Company Profit Sharing Plan-13$186,475$21,046$1,619iApproximate average salary by contribution assumption: employee only about $40,473 at 4% or $26,982 at 6%; with 50% employer match about $26,982 at 4% or $17,988 at 6%; with 100% employer match about $20,237 at 4% or $13,491 at 6%.
200818$204,952$22,649$2,831iApproximate average salary by contribution assumption: employee only about $70,778 at 4% or $47,185 at 6%; with 50% employer match about $47,185 at 4% or $31,457 at 6%; with 100% employer match about $35,389 at 4% or $23,593 at 6%.
Randy May Electric Company Profit Sharing Plan-8$204,952$22,649$2,831iApproximate average salary by contribution assumption: employee only about $70,778 at 4% or $47,185 at 6%; with 50% employer match about $47,185 at 4% or $31,457 at 6%; with 100% employer match about $35,389 at 4% or $23,593 at 6%.
200719$0$0-
Randy May Electric Company Profit Sharing Plan-9---
200619$1,201,924$99,521$11,058iApproximate average salary by contribution assumption: employee only about $276,447 at 4% or $184,298 at 6%; with 50% employer match about $184,298 at 4% or $122,865 at 6%; with 100% employer match about $138,224 at 4% or $92,149 at 6%.
Randy May Electric Company Profit Sharing Plan-9$1,201,924$99,521$11,058iApproximate average salary by contribution assumption: employee only about $276,447 at 4% or $184,298 at 6%; with 50% employer match about $184,298 at 4% or $122,865 at 6%; with 100% employer match about $138,224 at 4% or $92,149 at 6%.
2005110$938,094$97,055$9,706iApproximate average salary by contribution assumption: employee only about $242,638 at 4% or $161,758 at 6%; with 50% employer match about $161,758 at 4% or $107,839 at 6%; with 100% employer match about $121,319 at 4% or $80,879 at 6%.
Randy May Electric Company Profit Sharing Plan-10$938,094$97,055$9,706iApproximate average salary by contribution assumption: employee only about $242,638 at 4% or $161,758 at 6%; with 50% employer match about $161,758 at 4% or $107,839 at 6%; with 100% employer match about $121,319 at 4% or $80,879 at 6%.
2004110$799,370$85,483$8,548iApproximate average salary by contribution assumption: employee only about $213,707 at 4% or $142,472 at 6%; with 50% employer match about $142,472 at 4% or $94,981 at 6%; with 100% employer match about $106,854 at 4% or $71,236 at 6%.
Randy May Electric Company Profit Sharing Plan-10$799,370$85,483$8,548iApproximate average salary by contribution assumption: employee only about $213,707 at 4% or $142,472 at 6%; with 50% employer match about $142,472 at 4% or $94,981 at 6%; with 100% employer match about $106,854 at 4% or $71,236 at 6%.
2003112$0$0-
Randy May Electric Company Profit Sharing Plan-12---
2002115$752,025$80,000$5,333iApproximate average salary by contribution assumption: employee only about $133,333 at 4% or $88,889 at 6%; with 50% employer match about $88,889 at 4% or $59,259 at 6%; with 100% employer match about $66,667 at 4% or $44,444 at 6%.
Randy May Electric Company Profit Sharing Plan-15$752,025$80,000$5,333iApproximate average salary by contribution assumption: employee only about $133,333 at 4% or $88,889 at 6%; with 50% employer match about $88,889 at 4% or $59,259 at 6%; with 100% employer match about $66,667 at 4% or $44,444 at 6%.
2001111$0$0-
Randy May Electric Company Profit Sharing Plan-11---
2000110$0$0-
Randy May Electric Company Profit Sharing Plan-10---
1999112$628,665$80,000$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%.
Randy May Electric Company Profit Sharing Plan-12$628,665$80,000$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%.