Civic Intelligence

Pence Wealth Management Inc.

Plan context: Pence Wealth Management Inc. 401(K) Profit Sharing Plan

EIN 01-0648100 • Newport Beach, CA • 33 filings • 4 plans

5000 Birch Street, #8000Newport Beach, CA 92660-2158
Current Snapshot

Latest Year

2023

2023 Participants

22

2023 Assets

$11,365,786

2023 Contributions

$1,729,552

Historical Graphs

Total Assets Over Time

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

$16,530,225$8,265,113$0200220142022YearValue
$11,365,786Latest year 2022

Participants Over Time

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

23120200220122022YearValue
22Latest year 2022

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
202320$0$0-
PENCE WEALTH MANAGEMENT, INC. DEFINED BENEFIT PENSION PLAN-0$0$0-
Pence Wealth Management Inc. 401(K) Profit Sharing Plan-0---
2022222$11,365,786$1,729,552$78,616iApproximate average salary by contribution assumption: employee only about $1,965,400 at 4% or $1,310,267 at 6%; with 50% employer match about $1,310,267 at 4% or $873,511 at 6%; with 100% employer match about $982,700 at 4% or $655,133 at 6%.
Pence Wealth Management Inc. 401(K) Profit Sharing Plan-22$6,420,739$474,552$21,571iApproximate average salary by contribution assumption: employee only about $539,264 at 4% or $359,509 at 6%; with 50% employer match about $359,509 at 4% or $239,673 at 6%; with 100% employer match about $269,632 at 4% or $179,755 at 6%.
PENCE WEALTH MANAGEMENT, INC. DEFINED BENEFIT PENSION PLAN-20$4,945,047$1,255,000$62,750iApproximate average salary by contribution assumption: employee only about $1,568,750 at 4% or $1,045,833 at 6%; with 50% employer match about $1,045,833 at 4% or $697,222 at 6%; with 100% employer match about $784,375 at 4% or $522,917 at 6%.
2021223$16,530,225$639,435$27,802iApproximate average salary by contribution assumption: employee only about $695,038 at 4% or $463,359 at 6%; with 50% employer match about $463,359 at 4% or $308,906 at 6%; with 100% employer match about $347,519 at 4% or $231,679 at 6%.
Pence Wealth Management Inc. 401(K) Profit Sharing Plan-23$10,155,315$599,435$26,062iApproximate average salary by contribution assumption: employee only about $651,560 at 4% or $434,373 at 6%; with 50% employer match about $434,373 at 4% or $289,582 at 6%; with 100% employer match about $325,780 at 4% or $217,187 at 6%.
PENCE WEALTH MANAGEMENT, INC. DEFINED BENEFIT PENSION PLAN-21$6,374,910$40,000$1,905iApproximate average salary by contribution assumption: employee only about $47,619 at 4% or $31,746 at 6%; with 50% employer match about $31,746 at 4% or $21,164 at 6%; with 100% employer match about $23,810 at 4% or $15,873 at 6%.
2020221$16,378,003$964,197$45,914iApproximate average salary by contribution assumption: employee only about $1,147,854 at 4% or $765,236 at 6%; with 50% employer match about $765,236 at 4% or $510,157 at 6%; with 100% employer match about $573,927 at 4% or $382,618 at 6%.
Pence Wealth Management Inc. 401(K) Profit Sharing Plan-20$10,327,490$589,147$29,457iApproximate average salary by contribution assumption: employee only about $736,434 at 4% or $490,956 at 6%; with 50% employer match about $490,956 at 4% or $327,304 at 6%; with 100% employer match about $368,217 at 4% or $245,478 at 6%.
PENCE WEALTH MANAGEMENT, INC. DEFINED BENEFIT PENSION PLAN-21$6,050,513$375,050$17,860iApproximate average salary by contribution assumption: employee only about $446,488 at 4% or $297,659 at 6%; with 50% employer match about $297,659 at 4% or $198,439 at 6%; with 100% employer match about $223,244 at 4% or $148,829 at 6%.
2019221$10,152,013$749,832$35,706iApproximate average salary by contribution assumption: employee only about $892,657 at 4% or $595,105 at 6%; with 50% employer match about $595,105 at 4% or $396,737 at 6%; with 100% employer match about $446,329 at 4% or $297,552 at 6%.
Pence Wealth Management Inc. 401(K) Profit Sharing Plan-20$6,306,657$249,832$12,492iApproximate average salary by contribution assumption: employee only about $312,290 at 4% or $208,193 at 6%; with 50% employer match about $208,193 at 4% or $138,796 at 6%; with 100% employer match about $156,145 at 4% or $104,097 at 6%.
PENCE WEALTH MANAGEMENT, INC. DEFINED BENEFIT PENSION PLAN-21$3,845,356$500,000$23,810iApproximate average salary by contribution assumption: employee only about $595,238 at 4% or $396,825 at 6%; with 50% employer match about $396,825 at 4% or $264,550 at 6%; with 100% employer match about $297,619 at 4% or $198,413 at 6%.
2018217$7,165,673$750,340$44,138iApproximate average salary by contribution assumption: employee only about $1,103,441 at 4% or $735,627 at 6%; with 50% employer match about $735,627 at 4% or $490,418 at 6%; with 100% employer match about $551,721 at 4% or $367,814 at 6%.
Pence Wealth Management Inc. 401(K) Profit Sharing Plan-17$4,703,478$250,340$14,726iApproximate average salary by contribution assumption: employee only about $368,147 at 4% or $245,431 at 6%; with 50% employer match about $245,431 at 4% or $163,621 at 6%; with 100% employer match about $184,074 at 4% or $122,716 at 6%.
PENCE WEALTH MANAGEMENT, INC. DEFINED BENEFIT PENSION PLAN-17$2,462,195$500,000$29,412iApproximate average salary by contribution assumption: employee only about $735,294 at 4% or $490,196 at 6%; with 50% employer match about $490,196 at 4% or $326,797 at 6%; with 100% employer match about $367,647 at 4% or $245,098 at 6%.
2017220$6,869,781$735,175$36,759iApproximate average salary by contribution assumption: employee only about $918,969 at 4% or $612,646 at 6%; with 50% employer match about $612,646 at 4% or $408,431 at 6%; with 100% employer match about $459,484 at 4% or $306,323 at 6%.
Pence Wealth Management Inc. 401(K) Profit Sharing Plan-16$4,738,900$235,175$14,698iApproximate average salary by contribution assumption: employee only about $367,461 at 4% or $244,974 at 6%; with 50% employer match about $244,974 at 4% or $163,316 at 6%; with 100% employer match about $183,730 at 4% or $122,487 at 6%.
PENCE WEALTH MANAGEMENT, INC. DEFINED BENEFIT PENSION PLAN-20$2,130,881$500,000$25,000iApproximate average salary by contribution assumption: employee only about $625,000 at 4% or $416,667 at 6%; with 50% employer match about $416,667 at 4% or $277,778 at 6%; with 100% employer match about $312,500 at 4% or $208,333 at 6%.
2016222$5,312,698$585,263$26,603iApproximate average salary by contribution assumption: employee only about $665,072 at 4% or $443,381 at 6%; with 50% employer match about $443,381 at 4% or $295,587 at 6%; with 100% employer match about $332,536 at 4% or $221,691 at 6%.
Pence Wealth Management Inc. 401(K) Profit Sharing Plan-22$4,014,798$185,263$8,421iApproximate average salary by contribution assumption: employee only about $210,526 at 4% or $140,351 at 6%; with 50% employer match about $140,351 at 4% or $93,567 at 6%; with 100% employer match about $105,263 at 4% or $70,175 at 6%.
PENCE WEALTH MANAGEMENT, INC. DEFINED BENEFIT PENSION PLAN-18$1,297,900$400,000$22,222iApproximate average salary by contribution assumption: employee only about $555,556 at 4% or $370,370 at 6%; with 50% employer match about $370,370 at 4% or $246,914 at 6%; with 100% employer match about $277,778 at 4% or $185,185 at 6%.
2015220$4,670,375$846,358$42,318iApproximate average salary by contribution assumption: employee only about $1,057,948 at 4% or $705,298 at 6%; with 50% employer match about $705,298 at 4% or $470,199 at 6%; with 100% employer match about $528,974 at 4% or $352,649 at 6%.
Pence Wealth Management Inc. 401(K) Profit Sharing Plan-20$3,769,553$196,358$9,818iApproximate average salary by contribution assumption: employee only about $245,448 at 4% or $163,632 at 6%; with 50% employer match about $163,632 at 4% or $109,088 at 6%; with 100% employer match about $122,724 at 4% or $81,816 at 6%.
PENCE WEALTH MANAGEMENT, INC. DEFINED BENEFIT PENSION PLAN-16$900,822$650,000$40,625iApproximate average salary by contribution assumption: employee only about $1,015,625 at 4% or $677,083 at 6%; with 50% employer match about $677,083 at 4% or $451,389 at 6%; with 100% employer match about $507,813 at 4% or $338,542 at 6%.
2014220$4,066,893$461,494$23,075iApproximate average salary by contribution assumption: employee only about $576,868 at 4% or $384,578 at 6%; with 50% employer match about $384,578 at 4% or $256,386 at 6%; with 100% employer match about $288,434 at 4% or $192,289 at 6%.
Pence Wealth Management Inc. 401(K) Profit Sharing Plan-20$3,801,753$196,354$9,818iApproximate average salary by contribution assumption: employee only about $245,443 at 4% or $163,628 at 6%; with 50% employer match about $163,628 at 4% or $109,086 at 6%; with 100% employer match about $122,721 at 4% or $81,814 at 6%.
PENCE WEALTH MANAGEMENT, INC. DEFINED BENEFIT PENSION PLAN-12$265,140$265,140$22,095iApproximate average salary by contribution assumption: employee only about $552,375 at 4% or $368,250 at 6%; with 50% employer match about $368,250 at 4% or $245,500 at 6%; with 100% employer match about $276,188 at 4% or $184,125 at 6%.
2013216$6,479,781$148,361$9,273iApproximate average salary by contribution assumption: employee only about $231,814 at 4% or $154,543 at 6%; with 50% employer match about $154,543 at 4% or $103,028 at 6%; with 100% employer match about $115,907 at 4% or $77,271 at 6%.
Pence Wealth Management Inc. 401(K) Profit Sharing Plan-13$3,266,816$74,106$5,700iApproximate average salary by contribution assumption: employee only about $142,512 at 4% or $95,008 at 6%; with 50% employer match about $95,008 at 4% or $63,338 at 6%; with 100% employer match about $71,256 at 4% or $47,504 at 6%.
Pence Wealth Management Inc. 401(K) Profit Sharing Plan-16$3,212,965$74,255$4,641iApproximate average salary by contribution assumption: employee only about $116,023 at 4% or $77,349 at 6%; with 50% employer match about $77,349 at 4% or $51,566 at 6%; with 100% employer match about $58,012 at 4% or $38,674 at 6%.
2012111$2,711,714$118,504$10,773iApproximate average salary by contribution assumption: employee only about $269,327 at 4% or $179,552 at 6%; with 50% employer match about $179,552 at 4% or $119,701 at 6%; with 100% employer match about $134,664 at 4% or $89,776 at 6%.
Pence Wealth Management Inc. 401(K) Profit Sharing Plan-11$2,711,714$118,504$10,773iApproximate average salary by contribution assumption: employee only about $269,327 at 4% or $179,552 at 6%; with 50% employer match about $179,552 at 4% or $119,701 at 6%; with 100% employer match about $134,664 at 4% or $89,776 at 6%.
2011111$2,351,256$109,785$9,980iApproximate average salary by contribution assumption: employee only about $249,511 at 4% or $166,341 at 6%; with 50% employer match about $166,341 at 4% or $110,894 at 6%; with 100% employer match about $124,756 at 4% or $83,170 at 6%.
Pence Wealth Management Inc. 401(K) Profit Sharing Plan-11$2,351,256$109,785$9,980iApproximate average salary by contribution assumption: employee only about $249,511 at 4% or $166,341 at 6%; with 50% employer match about $166,341 at 4% or $110,894 at 6%; with 100% employer match about $124,756 at 4% or $83,170 at 6%.
2010110$2,194,063$102,731$10,273iApproximate average salary by contribution assumption: employee only about $256,828 at 4% or $171,218 at 6%; with 50% employer match about $171,218 at 4% or $114,146 at 6%; with 100% employer match about $128,414 at 4% or $85,609 at 6%.
Pence Wealth Management Inc. 401(K) Profit Sharing Plan-10$2,194,063$102,731$10,273iApproximate average salary by contribution assumption: employee only about $256,828 at 4% or $171,218 at 6%; with 50% employer match about $171,218 at 4% or $114,146 at 6%; with 100% employer match about $128,414 at 4% or $85,609 at 6%.
200918$1,820,953$92,149$11,519iApproximate average salary by contribution assumption: employee only about $287,966 at 4% or $191,977 at 6%; with 50% employer match about $191,977 at 4% or $127,985 at 6%; with 100% employer match about $143,983 at 4% or $95,989 at 6%.
Pence Wealth Management Inc. 401(K) Profit Sharing Plan-8$1,820,953$92,149$11,519iApproximate average salary by contribution assumption: employee only about $287,966 at 4% or $191,977 at 6%; with 50% employer match about $191,977 at 4% or $127,985 at 6%; with 100% employer match about $143,983 at 4% or $95,989 at 6%.
200818$0$0-
Pence Wealth Management Inc. 401(K) Profit Sharing Plan-8---
200716$0$0-
Pence Wealth Management Inc. 401(K) Profit Sharing Plan-6---
200614$1,457,879$49,523$12,381iApproximate average salary by contribution assumption: employee only about $309,519 at 4% or $206,346 at 6%; with 50% employer match about $206,346 at 4% or $137,564 at 6%; with 100% employer match about $154,759 at 4% or $103,173 at 6%.
Pence Wealth Management Inc. 401(K) Profit Sharing Plan-4$1,457,879$49,523$12,381iApproximate average salary by contribution assumption: employee only about $309,519 at 4% or $206,346 at 6%; with 50% employer match about $206,346 at 4% or $137,564 at 6%; with 100% employer match about $154,759 at 4% or $103,173 at 6%.
200513$1,294,145$58,189$19,396iApproximate average salary by contribution assumption: employee only about $484,908 at 4% or $323,272 at 6%; with 50% employer match about $323,272 at 4% or $215,515 at 6%; with 100% employer match about $242,454 at 4% or $161,636 at 6%.
Pence Wealth Management Inc. 401(K) Profit Sharing Plan-3$1,294,145$58,189$19,396iApproximate average salary by contribution assumption: employee only about $484,908 at 4% or $323,272 at 6%; with 50% employer match about $323,272 at 4% or $215,515 at 6%; with 100% employer match about $242,454 at 4% or $161,636 at 6%.
200413$1,082,152$57,452$19,151iApproximate average salary by contribution assumption: employee only about $478,767 at 4% or $319,178 at 6%; with 50% employer match about $319,178 at 4% or $212,785 at 6%; with 100% employer match about $239,383 at 4% or $159,589 at 6%.
Pence Wealth Management Inc. 401(K) Profit Sharing Plan-3$1,082,152$57,452$19,151iApproximate average salary by contribution assumption: employee only about $478,767 at 4% or $319,178 at 6%; with 50% employer match about $319,178 at 4% or $212,785 at 6%; with 100% employer match about $239,383 at 4% or $159,589 at 6%.
200313$0$0-
Pence Wealth Management Inc. 401(K) Profit Sharing Plan-3---
200213$759,921$49,493$16,498iApproximate average salary by contribution assumption: employee only about $412,442 at 4% or $274,961 at 6%; with 50% employer match about $274,961 at 4% or $183,307 at 6%; with 100% employer match about $206,221 at 4% or $137,481 at 6%.
Pence Wealth Management Inc. 401(K) Profit Sharing Plan-3$759,921$49,493$16,498iApproximate average salary by contribution assumption: employee only about $412,442 at 4% or $274,961 at 6%; with 50% employer match about $274,961 at 4% or $183,307 at 6%; with 100% employer match about $206,221 at 4% or $137,481 at 6%.