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Filing

Basic Electronics Inc. Money Purchase Pension Plan

Basic Electronics Inc. • EIN 95-3285602 • Plan year 2000

Company ProfileSource Archive
Filing Insights

Participants

Down

27 → 23

-4 • -14.81%

Assets

No comparison

- → -

No earlier value available.

Investment Management Fee

-

Admin expenses - • Total expenses -

Filing Details

Context
Pension payor EIN
95-3285602

Status Flags

Fidelity bond in place

Not reported

Limited-scope audit performed

Not reported

Contributions transmitted on time

Not reported

Participant loans in default

Not reported

Leases in default

Not reported

Reportable party-in-interest issues

Not reported

Loss discovered during year

Not reported

Assets with undetermined value

Not reported

Non-cash contributions

Not reported

Assets held for investment

Not reported

5% transactions reported

Not reported

All plan assets distributed

Not reported

Benefits paid when due

Not reported

Plan blackout period

Not reported

Plan termination resolution adopted

Not reported

Counterparties

Company Timeline

This filing is highlighted inside the broader sponsor history.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024117$4,006,534$100,000$5,882iApproximate average salary by contribution assumption: employee only about $147,059 at 4% or $98,039 at 6%; with 50% employer match about $98,039 at 4% or $65,359 at 6%; with 100% employer match about $73,529 at 4% or $49,020 at 6%.
Basic Electronics Inc. Profit Sharing Plan-17$4,006,534$100,000$5,882iApproximate average salary by contribution assumption: employee only about $147,059 at 4% or $98,039 at 6%; with 50% employer match about $98,039 at 4% or $65,359 at 6%; with 100% employer match about $73,529 at 4% or $49,020 at 6%.
2023115$3,619,177$0-
Basic Electronics Inc. Profit Sharing Plan-15$3,619,177$0-
2022115$3,314,507$150,000$10,000iApproximate average salary by contribution assumption: employee only about $250,000 at 4% or $166,667 at 6%; with 50% employer match about $166,667 at 4% or $111,111 at 6%; with 100% employer match about $125,000 at 4% or $83,333 at 6%.
Basic Electronics Inc. Profit Sharing Plan-15$3,314,507$150,000$10,000iApproximate average salary by contribution assumption: employee only about $250,000 at 4% or $166,667 at 6%; with 50% employer match about $166,667 at 4% or $111,111 at 6%; with 100% employer match about $125,000 at 4% or $83,333 at 6%.
2021115$2,832,314$0-
Basic Electronics Inc. Profit Sharing Plan-15$2,832,314$0-
2020115$3,241,817$75,000$5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%.
Basic Electronics Inc. Profit Sharing Plan-15$3,241,817$75,000$5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%.
2019116$3,065,403$0-
Basic Electronics Inc. Profit Sharing Plan-16$3,065,403$0-
2018118$2,852,046$0-
Basic Electronics Inc. Profit Sharing Plan-18$2,852,046$0-
2017118$2,766,793$0-
Basic Electronics Inc. Profit Sharing Plan-18$2,766,793$0-
2016120$2,659,198$408,601$20,430iApproximate average salary by contribution assumption: employee only about $510,751 at 4% or $340,501 at 6%; with 50% employer match about $340,501 at 4% or $227,001 at 6%; with 100% employer match about $255,376 at 4% or $170,250 at 6%.
Basic Electronics Inc. Profit Sharing Plan-20$2,659,198$408,601$20,430iApproximate average salary by contribution assumption: employee only about $510,751 at 4% or $340,501 at 6%; with 50% employer match about $340,501 at 4% or $227,001 at 6%; with 100% employer match about $255,376 at 4% or $170,250 at 6%.
2015121$2,701,493$0-
Basic Electronics Inc. Profit Sharing Plan-21$2,701,493$0-
2014122$2,793,372$3,500$159iApproximate average salary by contribution assumption: employee only about $3,977 at 4% or $2,652 at 6%; with 50% employer match about $2,652 at 4% or $1,768 at 6%; with 100% employer match about $1,989 at 4% or $1,326 at 6%.
Basic Electronics Inc. Profit Sharing Plan-22$2,793,372$3,500$159iApproximate average salary by contribution assumption: employee only about $3,977 at 4% or $2,652 at 6%; with 50% employer match about $2,652 at 4% or $1,768 at 6%; with 100% employer match about $1,989 at 4% or $1,326 at 6%.
2013123$2,849,947$0-
Basic Electronics Inc. Profit Sharing Plan-23$2,849,947$0-
2012123$2,887,621$0-
Basic Electronics Inc. Profit Sharing Plan-23$2,887,621$0-
2011125$2,997,227$0-
Basic Electronics Inc. Profit Sharing Plan-25$2,997,227$0-
2010131$3,226,271$0-
Basic Electronics Inc. Profit Sharing Plan-31$3,226,271$0-
2009133$3,331,298$300,846$9,117iApproximate average salary by contribution assumption: employee only about $227,914 at 4% or $151,942 at 6%; with 50% employer match about $151,942 at 4% or $101,295 at 6%; with 100% employer match about $113,957 at 4% or $75,971 at 6%.
Basic Electronics Inc. Profit Sharing Plan-33$3,331,298$300,846$9,117iApproximate average salary by contribution assumption: employee only about $227,914 at 4% or $151,942 at 6%; with 50% employer match about $151,942 at 4% or $101,295 at 6%; with 100% employer match about $113,957 at 4% or $75,971 at 6%.
2008127$0$0-
Basic Electronics Inc. Profit Sharing Plan-27---
2007123$0$0-
Basic Electronics Inc. Profit Sharing Plan-23---
2006133$2,688,159$275,789$8,357iApproximate average salary by contribution assumption: employee only about $208,931 at 4% or $139,287 at 6%; with 50% employer match about $139,287 at 4% or $92,858 at 6%; with 100% employer match about $104,466 at 4% or $69,644 at 6%.
Basic Electronics Inc. Profit Sharing Plan-33$2,688,159$275,789$8,357iApproximate average salary by contribution assumption: employee only about $208,931 at 4% or $139,287 at 6%; with 50% employer match about $139,287 at 4% or $92,858 at 6%; with 100% employer match about $104,466 at 4% or $69,644 at 6%.
2005126$0$0-
Basic Electronics Inc. Profit Sharing Plan-26---
2004127$2,011,276$260,000$9,630iApproximate average salary by contribution assumption: employee only about $240,741 at 4% or $160,494 at 6%; with 50% employer match about $160,494 at 4% or $106,996 at 6%; with 100% employer match about $120,370 at 4% or $80,247 at 6%.
Basic Electronics Inc. Profit Sharing Plan-27$2,011,276$260,000$9,630iApproximate average salary by contribution assumption: employee only about $240,741 at 4% or $160,494 at 6%; with 50% employer match about $160,494 at 4% or $106,996 at 6%; with 100% employer match about $120,370 at 4% or $80,247 at 6%.
2003122$0$0-
Basic Electronics Inc. Profit Sharing Plan-22---
2002115$0$0-
Basic Electronics Inc. Profit Sharing Plan-15---
2001221$0$0-
Basic Electronics Inc. Money Purchase Pension Plan-0---
Basic Electronics Inc. Profit Sharing Plan-21---
2000223$0$0-
Basic Electronics Inc. Money Purchase Pension PlanCurrent23---
Basic Electronics Inc. Profit Sharing Plan-23---
1999222$1,234,959$51,652$2,348iApproximate average salary by contribution assumption: employee only about $58,695 at 4% or $39,130 at 6%; with 50% employer match about $39,130 at 4% or $26,087 at 6%; with 100% employer match about $29,348 at 4% or $19,565 at 6%.
Basic Electronics Inc. Money Purchase Pension Plan-22$726,793$51,652$2,348iApproximate average salary by contribution assumption: employee only about $58,695 at 4% or $39,130 at 6%; with 50% employer match about $39,130 at 4% or $26,087 at 6%; with 100% employer match about $29,348 at 4% or $19,565 at 6%.
Basic Electronics Inc. Profit Sharing Plan-22$508,166--
Schedule Details

Schedule R

Schedule R Pension Information

Retirement plan characteristics

Testing, payor, opinion-letter, and transfer information reported with the filing.

Pension & Payor

Payor EIN95-3285602

Transfers

Distributed property value$0
Schedule R source fields
Payor 95-3285602
Filing Id
84037085259533
Schedule R EIN
95-3285602
Schedule R Plan number
001
Schedule R Plan Year Begin Date
2000-10-01
Schedule R Tax Period
20010930
Pension Value Dstrb Pd Property Amount
$0
Pension payor EIN
95-3285602
Pension Bnft Distribution Sngl Sum Count
2
Pension Elec Satisfy Code 412 Indicator
No
Pension Employer Contribution Rqr Amount
$50,053
Pension Employer Contribution Paid Amount
$50,053
Pension Funding Deficiency Amount
$0
Basic Electronics Inc. Money Purchase Pension Plan | Basic Electronics Inc. | Plan 001 | 2000 Form 5500 Filing