Civic Intelligence

Wit Group

Plan context: Wit Group Cash Balance Plan

EIN 68-0466436 • Redding, CA • 22 filings • 3 plans

1822 Buenaventura Blvd, Ste 101Redding, CA 96001
Current Snapshot

Latest Year

2024

2024 Participants

7

2024 Assets

$2,038,317

2024 Contributions

$420,000

Historical Graphs

Total Assets Over Time

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

$3,437,276$1,718,638$0200720162024YearValue
$2,038,317Latest year 2024

Participants Over Time

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

1050200720162024YearValue
7Latest 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
202427$2,038,317$420,000$60,000iApproximate average salary by contribution assumption: employee only about $1,500,000 at 4% or $1,000,000 at 6%; with 50% employer match about $1,000,000 at 4% or $666,667 at 6%; with 100% employer match about $750,000 at 4% or $500,000 at 6%.
Wit Group Cash Balance Plan-7$2,038,317$420,000$60,000iApproximate average salary by contribution assumption: employee only about $1,500,000 at 4% or $1,000,000 at 6%; with 50% employer match about $1,000,000 at 4% or $666,667 at 6%; with 100% employer match about $750,000 at 4% or $500,000 at 6%.
Wit Group 401(K) Profit Sharing Plan-0$0$0-
202327$3,437,276$609,774$87,111iApproximate average salary by contribution assumption: employee only about $2,177,764 at 4% or $1,451,843 at 6%; with 50% employer match about $1,451,843 at 4% or $967,895 at 6%; with 100% employer match about $1,088,882 at 4% or $725,921 at 6%.
Wit Group 401(K) Profit Sharing Plan-7$1,890,474$27,278$3,897iApproximate average salary by contribution assumption: employee only about $97,421 at 4% or $64,948 at 6%; with 50% employer match about $64,948 at 4% or $43,298 at 6%; with 100% employer match about $48,711 at 4% or $32,474 at 6%.
Wit Group Cash Balance Plan-7$1,546,802$582,496$83,214iApproximate average salary by contribution assumption: employee only about $2,080,343 at 4% or $1,386,895 at 6%; with 50% employer match about $1,386,895 at 4% or $924,597 at 6%; with 100% employer match about $1,040,171 at 4% or $693,448 at 6%.
2022210$2,569,585$557,078$55,708iApproximate average salary by contribution assumption: employee only about $1,392,695 at 4% or $928,463 at 6%; with 50% employer match about $928,463 at 4% or $618,976 at 6%; with 100% employer match about $696,348 at 4% or $464,232 at 6%.
Wit Group 401(K) Profit Sharing Plan-10$1,639,350$92,038$9,204iApproximate average salary by contribution assumption: employee only about $230,095 at 4% or $153,397 at 6%; with 50% employer match about $153,397 at 4% or $102,264 at 6%; with 100% employer match about $115,047 at 4% or $76,698 at 6%.
Wit Group Cash Balance Plan-7$930,235$465,040$66,434iApproximate average salary by contribution assumption: employee only about $1,660,857 at 4% or $1,107,238 at 6%; with 50% employer match about $1,107,238 at 4% or $738,159 at 6%; with 100% employer match about $830,429 at 4% or $553,619 at 6%.
2021210$2,332,702$697,621$69,762iApproximate average salary by contribution assumption: employee only about $1,744,053 at 4% or $1,162,702 at 6%; with 50% employer match about $1,162,702 at 4% or $775,134 at 6%; with 100% employer match about $872,026 at 4% or $581,351 at 6%.
Wit Group 401(K) Profit Sharing Plan-10$1,868,561$233,480$23,348iApproximate average salary by contribution assumption: employee only about $583,700 at 4% or $389,133 at 6%; with 50% employer match about $389,133 at 4% or $259,422 at 6%; with 100% employer match about $291,850 at 4% or $194,567 at 6%.
Wit Group Cash Balance Plan-8$464,141$464,141$58,018iApproximate average salary by contribution assumption: employee only about $1,450,441 at 4% or $966,960 at 6%; with 50% employer match about $966,960 at 4% or $644,640 at 6%; with 100% employer match about $725,220 at 4% or $483,480 at 6%.
2020110$1,503,298$192,825$19,283iApproximate average salary by contribution assumption: employee only about $482,063 at 4% or $321,375 at 6%; with 50% employer match about $321,375 at 4% or $214,250 at 6%; with 100% employer match about $241,031 at 4% or $160,688 at 6%.
Wit Group 401(K) Profit Sharing Plan-10$1,503,298$192,825$19,283iApproximate average salary by contribution assumption: employee only about $482,063 at 4% or $321,375 at 6%; with 50% employer match about $321,375 at 4% or $214,250 at 6%; with 100% employer match about $241,031 at 4% or $160,688 at 6%.
2019110$1,139,945$131,496$13,150iApproximate average salary by contribution assumption: employee only about $328,740 at 4% or $219,160 at 6%; with 50% employer match about $219,160 at 4% or $146,107 at 6%; with 100% employer match about $164,370 at 4% or $109,580 at 6%.
Wit Group 401(K) Profit Sharing Plan-10$1,139,945$131,496$13,150iApproximate average salary by contribution assumption: employee only about $328,740 at 4% or $219,160 at 6%; with 50% employer match about $219,160 at 4% or $146,107 at 6%; with 100% employer match about $164,370 at 4% or $109,580 at 6%.
201818$845,820$8,870$1,109iApproximate average salary by contribution assumption: employee only about $27,719 at 4% or $18,479 at 6%; with 50% employer match about $18,479 at 4% or $12,319 at 6%; with 100% employer match about $13,859 at 4% or $9,240 at 6%.
Wit Group 401(K) Profit Sharing Plan-8$845,820$8,870$1,109iApproximate average salary by contribution assumption: employee only about $27,719 at 4% or $18,479 at 6%; with 50% employer match about $18,479 at 4% or $12,319 at 6%; with 100% employer match about $13,859 at 4% or $9,240 at 6%.
201719$1,138,153$14,245$1,583iApproximate average salary by contribution assumption: employee only about $39,569 at 4% or $26,380 at 6%; with 50% employer match about $26,380 at 4% or $17,586 at 6%; with 100% employer match about $19,785 at 4% or $13,190 at 6%.
Wit Group 401(K) Profit Sharing Plan-9$1,138,153$14,245$1,583iApproximate average salary by contribution assumption: employee only about $39,569 at 4% or $26,380 at 6%; with 50% employer match about $26,380 at 4% or $17,586 at 6%; with 100% employer match about $19,785 at 4% or $13,190 at 6%.
201619$955,304$14,341$1,593iApproximate average salary by contribution assumption: employee only about $39,836 at 4% or $26,557 at 6%; with 50% employer match about $26,557 at 4% or $17,705 at 6%; with 100% employer match about $19,918 at 4% or $13,279 at 6%.
Wit Group 401(K) Profit Sharing Plan-9$955,304$14,341$1,593iApproximate average salary by contribution assumption: employee only about $39,836 at 4% or $26,557 at 6%; with 50% employer match about $26,557 at 4% or $17,705 at 6%; with 100% employer match about $19,918 at 4% or $13,279 at 6%.
201519$889,105$16,217$1,802iApproximate average salary by contribution assumption: employee only about $45,047 at 4% or $30,031 at 6%; with 50% employer match about $30,031 at 4% or $20,021 at 6%; with 100% employer match about $22,524 at 4% or $15,016 at 6%.
Wit Group 401(K) Profit Sharing Plan-9$889,105$16,217$1,802iApproximate average salary by contribution assumption: employee only about $45,047 at 4% or $30,031 at 6%; with 50% employer match about $30,031 at 4% or $20,021 at 6%; with 100% employer match about $22,524 at 4% or $15,016 at 6%.
201419$888,959$136,522$15,169iApproximate average salary by contribution assumption: employee only about $379,228 at 4% or $252,819 at 6%; with 50% employer match about $252,819 at 4% or $168,546 at 6%; with 100% employer match about $189,614 at 4% or $126,409 at 6%.
Wit Group 401(K) Profit Sharing Plan-9$888,959$136,522$15,169iApproximate average salary by contribution assumption: employee only about $379,228 at 4% or $252,819 at 6%; with 50% employer match about $252,819 at 4% or $168,546 at 6%; with 100% employer match about $189,614 at 4% or $126,409 at 6%.
201318$737,485$131,095$16,387iApproximate average salary by contribution assumption: employee only about $409,672 at 4% or $273,115 at 6%; with 50% employer match about $273,115 at 4% or $182,076 at 6%; with 100% employer match about $204,836 at 4% or $136,557 at 6%.
Wit Group 401(K) Profit Sharing Plan-8$737,485$131,095$16,387iApproximate average salary by contribution assumption: employee only about $409,672 at 4% or $273,115 at 6%; with 50% employer match about $273,115 at 4% or $182,076 at 6%; with 100% employer match about $204,836 at 4% or $136,557 at 6%.
201218$555,519$51,401$6,425iApproximate average salary by contribution assumption: employee only about $160,628 at 4% or $107,085 at 6%; with 50% employer match about $107,085 at 4% or $71,390 at 6%; with 100% employer match about $80,314 at 4% or $53,543 at 6%.
Wit Group 401(K) Profit Sharing Plan-8$555,519$51,401$6,425iApproximate average salary by contribution assumption: employee only about $160,628 at 4% or $107,085 at 6%; with 50% employer match about $107,085 at 4% or $71,390 at 6%; with 100% employer match about $80,314 at 4% or $53,543 at 6%.
201118$473,285$29,946$3,743iApproximate average salary by contribution assumption: employee only about $93,581 at 4% or $62,388 at 6%; with 50% employer match about $62,388 at 4% or $41,592 at 6%; with 100% employer match about $46,791 at 4% or $31,194 at 6%.
Wit Group 401(K) Profit Sharing Plan-8$473,285$29,946$3,743iApproximate average salary by contribution assumption: employee only about $93,581 at 4% or $62,388 at 6%; with 50% employer match about $62,388 at 4% or $41,592 at 6%; with 100% employer match about $46,791 at 4% or $31,194 at 6%.
201016$443,943$116,385$19,398iApproximate average salary by contribution assumption: employee only about $484,938 at 4% or $323,292 at 6%; with 50% employer match about $323,292 at 4% or $215,528 at 6%; with 100% employer match about $242,469 at 4% or $161,646 at 6%.
Wit Group 401(K) Profit Sharing Plan-6$443,943$116,385$19,398iApproximate average salary by contribution assumption: employee only about $484,938 at 4% or $323,292 at 6%; with 50% employer match about $323,292 at 4% or $215,528 at 6%; with 100% employer match about $242,469 at 4% or $161,646 at 6%.
200916$316,696$112,974$18,829iApproximate average salary by contribution assumption: employee only about $470,725 at 4% or $313,817 at 6%; with 50% employer match about $313,817 at 4% or $209,211 at 6%; with 100% employer match about $235,363 at 4% or $156,908 at 6%.
Wit Group 401(K) Profit Sharing Plan-6$316,696$112,974$18,829iApproximate average salary by contribution assumption: employee only about $470,725 at 4% or $313,817 at 6%; with 50% employer match about $313,817 at 4% or $209,211 at 6%; with 100% employer match about $235,363 at 4% or $156,908 at 6%.
200815$188,527$103,370$20,674iApproximate average salary by contribution assumption: employee only about $516,850 at 4% or $344,567 at 6%; with 50% employer match about $344,567 at 4% or $229,711 at 6%; with 100% employer match about $258,425 at 4% or $172,283 at 6%.
Wit Group 401(K) Profit Sharing Plan-5$188,527$103,370$20,674iApproximate average salary by contribution assumption: employee only about $516,850 at 4% or $344,567 at 6%; with 50% employer match about $344,567 at 4% or $229,711 at 6%; with 100% employer match about $258,425 at 4% or $172,283 at 6%.
200714$96,320$96,319$24,080iApproximate average salary by contribution assumption: employee only about $601,994 at 4% or $401,329 at 6%; with 50% employer match about $401,329 at 4% or $267,553 at 6%; with 100% employer match about $300,997 at 4% or $200,665 at 6%.
Wit Group 401(K) Profit Sharing Plan-4$96,320$96,319$24,080iApproximate average salary by contribution assumption: employee only about $601,994 at 4% or $401,329 at 6%; with 50% employer match about $401,329 at 4% or $267,553 at 6%; with 100% employer match about $300,997 at 4% or $200,665 at 6%.