Olec Corporation
Plan context: Fabcon Inc. 401(K)/Profit Sharing Retirement Plan
EIN 95-3107415 • 22 filings • 7 plans
Current Snapshot
Latest Year
2023
2023 Participants
95
2023 Assets
$3,231,575
2023 Contributions
$357,264
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 |
|---|---|---|---|---|---|
| 2023 | 2 | 95 | $3,231,575 | $357,264 | $3,761iApproximate average salary by contribution assumption: employee only about $94,017 at 4% or $62,678 at 6%; with 50% employer match about $62,678 at 4% or $41,785 at 6%; with 100% employer match about $47,008 at 4% or $31,339 at 6%. |
| Fabcon Inc. 401(K)/Profit Sharing Retirement Plan | - | 95 | $3,231,575 | $230,847 | $2,430iApproximate average salary by contribution assumption: employee only about $60,749 at 4% or $40,499 at 6%; with 50% employer match about $40,499 at 4% or $27,000 at 6%; with 100% employer match about $30,375 at 4% or $20,250 at 6%. |
| Fabcon Inc. 401(K)/Profit Sharing Retirement Plan | - | 0 | - | $126,417 | - |
| 2022 | 1 | 113 | $2,643,748 | $314,147 | $2,780iApproximate average salary by contribution assumption: employee only about $69,502 at 4% or $46,334 at 6%; with 50% employer match about $46,334 at 4% or $30,890 at 6%; with 100% employer match about $34,751 at 4% or $23,167 at 6%. |
| Fabcon Inc. 401(K)/Profit Sharing Retirement Plan | - | 113 | $2,643,748 | $314,147 | $2,780iApproximate average salary by contribution assumption: employee only about $69,502 at 4% or $46,334 at 6%; with 50% employer match about $46,334 at 4% or $30,890 at 6%; with 100% employer match about $34,751 at 4% or $23,167 at 6%. |
| 2021 | 1 | 126 | $3,892,276 | $488,815 | $3,879iApproximate average salary by contribution assumption: employee only about $96,987 at 4% or $64,658 at 6%; with 50% employer match about $64,658 at 4% or $43,105 at 6%; with 100% employer match about $48,494 at 4% or $32,329 at 6%. |
| Fabcon Inc. 401(K)/Profit Sharing Retirement Plan | - | 126 | $3,892,276 | $488,815 | $3,879iApproximate average salary by contribution assumption: employee only about $96,987 at 4% or $64,658 at 6%; with 50% employer match about $64,658 at 4% or $43,105 at 6%; with 100% employer match about $48,494 at 4% or $32,329 at 6%. |
| 2020 | 1 | 129 | $6,487,685 | $351,713 | $2,726iApproximate average salary by contribution assumption: employee only about $68,161 at 4% or $45,441 at 6%; with 50% employer match about $45,441 at 4% or $30,294 at 6%; with 100% employer match about $34,081 at 4% or $22,720 at 6%. |
| Fabcon Inc. 401(K)/Profit Sharing Retirement Plan | - | 129 | $6,487,685 | $351,713 | $2,726iApproximate average salary by contribution assumption: employee only about $68,161 at 4% or $45,441 at 6%; with 50% employer match about $45,441 at 4% or $30,294 at 6%; with 100% employer match about $34,081 at 4% or $22,720 at 6%. |
| 2019 | 1 | 145 | $5,949,049 | $372,230 | $2,567iApproximate average salary by contribution assumption: employee only about $64,178 at 4% or $42,785 at 6%; with 50% employer match about $42,785 at 4% or $28,523 at 6%; with 100% employer match about $32,089 at 4% or $21,393 at 6%. |
| Fabcon Inc. 401(K)/Profit Sharing Retirement Plan | - | 145 | $5,949,049 | $372,230 | $2,567iApproximate average salary by contribution assumption: employee only about $64,178 at 4% or $42,785 at 6%; with 50% employer match about $42,785 at 4% or $28,523 at 6%; with 100% employer match about $32,089 at 4% or $21,393 at 6%. |
| 2018 | 1 | 153 | $7,152,067 | $368,936 | $2,411iApproximate average salary by contribution assumption: employee only about $60,284 at 4% or $40,189 at 6%; with 50% employer match about $40,189 at 4% or $26,793 at 6%; with 100% employer match about $30,142 at 4% or $20,095 at 6%. |
| Fabcon Inc. 401(K)/Profit Sharing Retirement Plan | - | 153 | $7,152,067 | $368,936 | $2,411iApproximate average salary by contribution assumption: employee only about $60,284 at 4% or $40,189 at 6%; with 50% employer match about $40,189 at 4% or $26,793 at 6%; with 100% employer match about $30,142 at 4% or $20,095 at 6%. |
| 2017 | 1 | 160 | $7,041,672 | $506,969 | $3,169iApproximate average salary by contribution assumption: employee only about $79,214 at 4% or $52,809 at 6%; with 50% employer match about $52,809 at 4% or $35,206 at 6%; with 100% employer match about $39,607 at 4% or $26,405 at 6%. |
| Fabcon Inc. 401(K)/Profit Sharing Retirement Plan | - | 160 | $7,041,672 | $506,969 | $3,169iApproximate average salary by contribution assumption: employee only about $79,214 at 4% or $52,809 at 6%; with 50% employer match about $52,809 at 4% or $35,206 at 6%; with 100% employer match about $39,607 at 4% or $26,405 at 6%. |
| 2016 | 1 | 198 | $6,656,320 | $449,850 | $2,272iApproximate average salary by contribution assumption: employee only about $56,799 at 4% or $37,866 at 6%; with 50% employer match about $37,866 at 4% or $25,244 at 6%; with 100% employer match about $28,400 at 4% or $18,933 at 6%. |
| Fabcon Inc. 401(K)/Profit Sharing Retirement Plan | - | 198 | $6,656,320 | $449,850 | $2,272iApproximate average salary by contribution assumption: employee only about $56,799 at 4% or $37,866 at 6%; with 50% employer match about $37,866 at 4% or $25,244 at 6%; with 100% employer match about $28,400 at 4% or $18,933 at 6%. |
| 2015 | 1 | 220 | $5,644,946 | $435,495 | $1,980iApproximate average salary by contribution assumption: employee only about $49,488 at 4% or $32,992 at 6%; with 50% employer match about $32,992 at 4% or $21,995 at 6%; with 100% employer match about $24,744 at 4% or $16,496 at 6%. |
| Fabcon Inc. 401(K)/Profit Sharing Retirement Plan | - | 220 | $5,644,946 | $435,495 | $1,980iApproximate average salary by contribution assumption: employee only about $49,488 at 4% or $32,992 at 6%; with 50% employer match about $32,992 at 4% or $21,995 at 6%; with 100% employer match about $24,744 at 4% or $16,496 at 6%. |
| 2009 | 1 | 0 | $0 | $0 | - |
| Fabcon Inc. 401(K)/Profit Sharing Retirement Plan | - | - | - | - | - |
| 2007 | 1 | 203 | $0 | $0 | - |
| Fabcon Inc. 401(K)/Profit Sharing Retirement Plan | - | 203 | - | - | - |
| 2006 | 1 | 241 | $0 | $0 | - |
| Fabcon Inc. 401(K)/Profit Sharing Retirement Plan | - | 241 | - | - | - |
| 2005 | 1 | 207 | $0 | $0 | - |
| Fabcon Inc. 401(K)/Profit Sharing Retirement Plan | - | 207 | - | - | - |
| 2004 | 1 | 254 | $0 | $0 | - |
| Fabcon Inc. 401(K)/Profit Sharing Retirement Plan | - | 254 | - | - | - |
| 2003 | 1 | 265 | $0 | $0 | - |
| Fabcon Inc. 401(K)/Profit Sharing Retirement Plan | - | 265 | - | - | - |
| 2002 | 1 | 382 | $0 | $0 | - |
| Fabcon Inc. 401(K)/Profit Sharing Retirement Plan | - | 382 | - | - | - |
| 2001 | 2 | 392 | $6,616,563 | $444,014 | $1,133iApproximate average salary by contribution assumption: employee only about $28,317 at 4% or $18,878 at 6%; with 50% employer match about $18,878 at 4% or $12,585 at 6%; with 100% employer match about $14,159 at 4% or $9,439 at 6%. |
| Fabcon Inc. 401(K)/Profit Sharing Retirement Plan | - | 392 | $6,616,563 | $444,014 | $1,133iApproximate average salary by contribution assumption: employee only about $28,317 at 4% or $18,878 at 6%; with 50% employer match about $18,878 at 4% or $12,585 at 6%; with 100% employer match about $14,159 at 4% or $9,439 at 6%. |
| Olec Corporation Employee Benefit Welfare Plan | - | 139 | - | - | - |
| 2000 | 2 | 431 | $0 | $0 | - |
| Olec Corporation Employee Benefit Welfare Plan | - | 202 | - | - | - |
| Fabcon Inc. 401(K)/Profit Sharing Retirement Plan | - | 431 | - | - | - |
| 1999 | 1 | 189 | $0 | $0 | - |
| Olec Corporation Employee Benefit Welfare Plan | - | 189 | - | - | - |