Civic Intelligence

Palmer Electric Inc.

Plan context: Palmer Electric Inc. 401(K) Plan

EIN 64-0686154 • Petal, MS • 13 filings • 1 plans

Post Office Box 525Petal, MS 39465
Current Snapshot

Latest Year

2024

2024 Participants

14

2024 Assets

$1,332,853

2024 Contributions

$21,042

Historical Graphs

Total Assets Over Time

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

$1,332,853$666,427$0201220182024YearValue
$1,332,853Latest year 2024

Participants Over Time

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

1580201220182024YearValue
14Latest 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
2024114$1,332,853$21,042$1,503iApproximate average salary by contribution assumption: employee only about $37,575 at 4% or $25,050 at 6%; with 50% employer match about $25,050 at 4% or $16,700 at 6%; with 100% employer match about $18,788 at 4% or $12,525 at 6%.
Palmer Electric Inc. 401(K) Plan-14$1,332,853$21,042$1,503iApproximate average salary by contribution assumption: employee only about $37,575 at 4% or $25,050 at 6%; with 50% employer match about $25,050 at 4% or $16,700 at 6%; with 100% employer match about $18,788 at 4% or $12,525 at 6%.
2023115$1,257,486$78,898$5,260iApproximate average salary by contribution assumption: employee only about $131,497 at 4% or $87,664 at 6%; with 50% employer match about $87,664 at 4% or $58,443 at 6%; with 100% employer match about $65,748 at 4% or $43,832 at 6%.
Palmer Electric Inc. 401(K) Plan-15$1,257,486$78,898$5,260iApproximate average salary by contribution assumption: employee only about $131,497 at 4% or $87,664 at 6%; with 50% employer match about $87,664 at 4% or $58,443 at 6%; with 100% employer match about $65,748 at 4% or $43,832 at 6%.
2022114$1,240,567$159,667$11,405iApproximate average salary by contribution assumption: employee only about $285,120 at 4% or $190,080 at 6%; with 50% employer match about $190,080 at 4% or $126,720 at 6%; with 100% employer match about $142,560 at 4% or $95,040 at 6%.
Palmer Electric Inc. 401(K) Plan-14$1,240,567$159,667$11,405iApproximate average salary by contribution assumption: employee only about $285,120 at 4% or $190,080 at 6%; with 50% employer match about $190,080 at 4% or $126,720 at 6%; with 100% employer match about $142,560 at 4% or $95,040 at 6%.
2021113$1,179,449$52,559$4,043iApproximate average salary by contribution assumption: employee only about $101,075 at 4% or $67,383 at 6%; with 50% employer match about $67,383 at 4% or $44,922 at 6%; with 100% employer match about $50,538 at 4% or $33,692 at 6%.
Palmer Electric Inc. 401(K) Plan-13$1,179,449$52,559$4,043iApproximate average salary by contribution assumption: employee only about $101,075 at 4% or $67,383 at 6%; with 50% employer match about $67,383 at 4% or $44,922 at 6%; with 100% employer match about $50,538 at 4% or $33,692 at 6%.
2020113$1,259,206$31,443$2,419iApproximate average salary by contribution assumption: employee only about $60,467 at 4% or $40,312 at 6%; with 50% employer match about $40,312 at 4% or $26,874 at 6%; with 100% employer match about $30,234 at 4% or $20,156 at 6%.
Palmer Electric Inc. 401(K) Plan-13$1,259,206$31,443$2,419iApproximate average salary by contribution assumption: employee only about $60,467 at 4% or $40,312 at 6%; with 50% employer match about $40,312 at 4% or $26,874 at 6%; with 100% employer match about $30,234 at 4% or $20,156 at 6%.
2019113$990,966$31,600$2,431iApproximate average salary by contribution assumption: employee only about $60,769 at 4% or $40,513 at 6%; with 50% employer match about $40,513 at 4% or $27,009 at 6%; with 100% employer match about $30,385 at 4% or $20,256 at 6%.
Palmer Electric Inc. 401(K) Plan-13$990,966$31,600$2,431iApproximate average salary by contribution assumption: employee only about $60,769 at 4% or $40,513 at 6%; with 50% employer match about $40,513 at 4% or $27,009 at 6%; with 100% employer match about $30,385 at 4% or $20,256 at 6%.
2018114$1,006,444$32,161$2,297iApproximate average salary by contribution assumption: employee only about $57,430 at 4% or $38,287 at 6%; with 50% employer match about $38,287 at 4% or $25,525 at 6%; with 100% employer match about $28,715 at 4% or $19,143 at 6%.
Palmer Electric Inc. 401(K) Plan-14$1,006,444$32,161$2,297iApproximate average salary by contribution assumption: employee only about $57,430 at 4% or $38,287 at 6%; with 50% employer match about $38,287 at 4% or $25,525 at 6%; with 100% employer match about $28,715 at 4% or $19,143 at 6%.
2017114$965,106$101,161$7,226iApproximate average salary by contribution assumption: employee only about $180,645 at 4% or $120,430 at 6%; with 50% employer match about $120,430 at 4% or $80,287 at 6%; with 100% employer match about $90,322 at 4% or $60,215 at 6%.
Palmer Electric Inc. 401(K) Plan-14$965,106$101,161$7,226iApproximate average salary by contribution assumption: employee only about $180,645 at 4% or $120,430 at 6%; with 50% employer match about $120,430 at 4% or $80,287 at 6%; with 100% employer match about $90,322 at 4% or $60,215 at 6%.
2016115$827,434$189,366$12,624iApproximate average salary by contribution assumption: employee only about $315,610 at 4% or $210,407 at 6%; with 50% employer match about $210,407 at 4% or $140,271 at 6%; with 100% employer match about $157,805 at 4% or $105,203 at 6%.
Palmer Electric Inc. 401(K) Plan-15$827,434$189,366$12,624iApproximate average salary by contribution assumption: employee only about $315,610 at 4% or $210,407 at 6%; with 50% employer match about $210,407 at 4% or $140,271 at 6%; with 100% employer match about $157,805 at 4% or $105,203 at 6%.
2015114$593,778$213,007$15,215iApproximate average salary by contribution assumption: employee only about $380,370 at 4% or $253,580 at 6%; with 50% employer match about $253,580 at 4% or $169,053 at 6%; with 100% employer match about $190,185 at 4% or $126,790 at 6%.
Palmer Electric Inc. 401(K) Plan-14$593,778$213,007$15,215iApproximate average salary by contribution assumption: employee only about $380,370 at 4% or $253,580 at 6%; with 50% employer match about $253,580 at 4% or $169,053 at 6%; with 100% employer match about $190,185 at 4% or $126,790 at 6%.
2014112$393,569$166,494$13,875iApproximate average salary by contribution assumption: employee only about $346,863 at 4% or $231,242 at 6%; with 50% employer match about $231,242 at 4% or $154,161 at 6%; with 100% employer match about $173,431 at 4% or $115,621 at 6%.
Palmer Electric Inc. 401(K) Plan-12$393,569$166,494$13,875iApproximate average salary by contribution assumption: employee only about $346,863 at 4% or $231,242 at 6%; with 50% employer match about $231,242 at 4% or $154,161 at 6%; with 100% employer match about $173,431 at 4% or $115,621 at 6%.
2013110$218,743$127,473$12,747iApproximate average salary by contribution assumption: employee only about $318,683 at 4% or $212,455 at 6%; with 50% employer match about $212,455 at 4% or $141,637 at 6%; with 100% employer match about $159,341 at 4% or $106,228 at 6%.
Palmer Electric Inc. 401(K) Plan-10$218,743$127,473$12,747iApproximate average salary by contribution assumption: employee only about $318,683 at 4% or $212,455 at 6%; with 50% employer match about $212,455 at 4% or $141,637 at 6%; with 100% employer match about $159,341 at 4% or $106,228 at 6%.
201218$89,119$89,119$11,140iApproximate average salary by contribution assumption: employee only about $278,497 at 4% or $185,665 at 6%; with 50% employer match about $185,665 at 4% or $123,776 at 6%; with 100% employer match about $139,248 at 4% or $92,832 at 6%.
Palmer Electric Inc. 401(K) Plan-8$89,119$89,119$11,140iApproximate average salary by contribution assumption: employee only about $278,497 at 4% or $185,665 at 6%; with 50% employer match about $185,665 at 4% or $123,776 at 6%; with 100% employer match about $139,248 at 4% or $92,832 at 6%.