Civic Intelligence

IT Group Inc.

Plan context: IT GROUP, INC. CASH BALANCE PLAN

EIN 58-2493037 • Alpharetta, GA • 17 filings • 3 plans

85 Club CourtAlpharetta, GA 30005
Current Snapshot

Latest Year

2023

2023 Participants

1

2023 Assets

$970,527

2023 Contributions

$155,000

Historical Graphs

Total Assets Over Time

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

$1,200,007$600,004$0201320192023YearValue
$970,527Latest year 2023

Participants Over Time

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

420201320192023YearValue
1Latest year 2023

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
202311$970,527$0-
IT GROUP, INC. CASH BALANCE PLAN-1$970,527$0-
202212$843,517$155,000$77,500iApproximate average salary by contribution assumption: employee only about $1,937,500 at 4% or $1,291,667 at 6%; with 50% employer match about $1,291,667 at 4% or $861,111 at 6%; with 100% employer match about $968,750 at 4% or $645,833 at 6%.
IT GROUP, INC. CASH BALANCE PLAN-2$843,517$155,000$77,500iApproximate average salary by contribution assumption: employee only about $1,937,500 at 4% or $1,291,667 at 6%; with 50% employer match about $1,291,667 at 4% or $861,111 at 6%; with 100% employer match about $968,750 at 4% or $645,833 at 6%.
202124$1,200,007$0-
IT GROUP, INC. CASH BALANCE PLAN-2$927,200$0-
IT Group Inc. 401(K) Plan-4$272,807--
202024$774,054$0-
IT GROUP, INC. CASH BALANCE PLAN-2$499,725--
IT Group Inc. 401(K) Plan-4$274,329$0-
201924$952,589$54,000$13,500iApproximate average salary by contribution assumption: employee only about $337,500 at 4% or $225,000 at 6%; with 50% employer match about $225,000 at 4% or $150,000 at 6%; with 100% employer match about $168,750 at 4% or $112,500 at 6%.
IT GROUP, INC. CASH BALANCE PLAN-2$679,782$54,000$27,000iApproximate average salary by contribution assumption: employee only about $675,000 at 4% or $450,000 at 6%; with 50% employer match about $450,000 at 4% or $300,000 at 6%; with 100% employer match about $337,500 at 4% or $225,000 at 6%.
IT Group Inc. 401(K) Plan-4$272,807$0-
201724$854,026$172,677$43,169iApproximate average salary by contribution assumption: employee only about $1,079,231 at 4% or $719,488 at 6%; with 50% employer match about $719,488 at 4% or $479,658 at 6%; with 100% employer match about $539,616 at 4% or $359,744 at 6%.
IT GROUP, INC. CASH BALANCE PLAN-2$555,612$129,705$64,853iApproximate average salary by contribution assumption: employee only about $1,621,313 at 4% or $1,080,875 at 6%; with 50% employer match about $1,080,875 at 4% or $720,583 at 6%; with 100% employer match about $810,656 at 4% or $540,438 at 6%.
IT Group Inc. 401(K) Plan-4$298,414$42,972$10,743iApproximate average salary by contribution assumption: employee only about $268,575 at 4% or $179,050 at 6%; with 50% employer match about $179,050 at 4% or $119,367 at 6%; with 100% employer match about $134,288 at 4% or $89,525 at 6%.
201624$611,021$223,302$55,826iApproximate average salary by contribution assumption: employee only about $1,395,638 at 4% or $930,425 at 6%; with 50% employer match about $930,425 at 4% or $620,283 at 6%; with 100% employer match about $697,819 at 4% or $465,213 at 6%.
IT GROUP, INC. CASH BALANCE PLAN-2$381,787$153,756$76,878iApproximate average salary by contribution assumption: employee only about $1,921,950 at 4% or $1,281,300 at 6%; with 50% employer match about $1,281,300 at 4% or $854,200 at 6%; with 100% employer match about $960,975 at 4% or $640,650 at 6%.
IT Group Inc. 401(K) Plan-4$229,234$69,546$17,387iApproximate average salary by contribution assumption: employee only about $434,663 at 4% or $289,775 at 6%; with 50% employer match about $289,775 at 4% or $193,183 at 6%; with 100% employer match about $217,331 at 4% or $144,888 at 6%.
201524$405,601$223,724$55,931iApproximate average salary by contribution assumption: employee only about $1,398,275 at 4% or $932,183 at 6%; with 50% employer match about $932,183 at 4% or $621,456 at 6%; with 100% employer match about $699,138 at 4% or $466,092 at 6%.
IT GROUP, INC. CASH BALANCE PLAN-3$228,761$146,997$48,999iApproximate average salary by contribution assumption: employee only about $1,224,975 at 4% or $816,650 at 6%; with 50% employer match about $816,650 at 4% or $544,433 at 6%; with 100% employer match about $612,488 at 4% or $408,325 at 6%.
IT Group Inc. 401(K) Plan-4$176,840$76,727$19,182iApproximate average salary by contribution assumption: employee only about $479,544 at 4% or $319,696 at 6%; with 50% employer match about $319,696 at 4% or $213,131 at 6%; with 100% employer match about $239,772 at 4% or $159,848 at 6%.
201423$234,364$188,400$62,800iApproximate average salary by contribution assumption: employee only about $1,570,000 at 4% or $1,046,667 at 6%; with 50% employer match about $1,046,667 at 4% or $697,778 at 6%; with 100% employer match about $785,000 at 4% or $523,333 at 6%.
IT Group Inc. 401(K) Plan-3$148,464$102,500$34,167iApproximate average salary by contribution assumption: employee only about $854,167 at 4% or $569,444 at 6%; with 50% employer match about $569,444 at 4% or $379,630 at 6%; with 100% employer match about $427,083 at 4% or $284,722 at 6%.
IT GROUP, INC. CASH BALANCE PLAN-3$85,900$85,900$28,633iApproximate average salary by contribution assumption: employee only about $715,833 at 4% or $477,222 at 6%; with 50% employer match about $477,222 at 4% or $318,148 at 6%; with 100% employer match about $357,917 at 4% or $238,611 at 6%.
201313$44,420$44,420$14,807iApproximate average salary by contribution assumption: employee only about $370,167 at 4% or $246,778 at 6%; with 50% employer match about $246,778 at 4% or $164,519 at 6%; with 100% employer match about $185,083 at 4% or $123,389 at 6%.
IT Group Inc. 401(K) Plan-3$44,420$44,420$14,807iApproximate average salary by contribution assumption: employee only about $370,167 at 4% or $246,778 at 6%; with 50% employer match about $246,778 at 4% or $164,519 at 6%; with 100% employer match about $185,083 at 4% or $123,389 at 6%.