Civic Intelligence

Scovan Financial Services

Plan context: Scovan Financial Services 401(K) Profit Sharing Plan

EIN 03-0438291 • Waynesboro, VA • 15 filings • 3 plans

2014 Goose Creek Road 108Waynesboro, VA 22980-6588
Current Snapshot

Latest Year

2022

2022 Participants

4

2022 Assets

$2,334,997

2022 Contributions

$86,577

Historical Graphs

Total Assets Over Time

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

$2,334,997$1,167,499$0200820152021YearValue
$2,334,997Latest year 2021

Participants Over Time

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

530200820152021YearValue
4Latest year 2021

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
202210$0$86,577-
Scovan Financial Services 401(K) Profit Sharing Plan-0$0$86,577-
202114$2,334,997$150,260$37,565iApproximate average salary by contribution assumption: employee only about $939,125 at 4% or $626,083 at 6%; with 50% employer match about $626,083 at 4% or $417,389 at 6%; with 100% employer match about $469,563 at 4% or $313,042 at 6%.
Scovan Financial Services 401(K) Profit Sharing Plan-4$2,334,997$150,260$37,565iApproximate average salary by contribution assumption: employee only about $939,125 at 4% or $626,083 at 6%; with 50% employer match about $626,083 at 4% or $417,389 at 6%; with 100% employer match about $469,563 at 4% or $313,042 at 6%.
202014$1,849,001$141,767$35,442iApproximate average salary by contribution assumption: employee only about $886,044 at 4% or $590,696 at 6%; with 50% employer match about $590,696 at 4% or $393,797 at 6%; with 100% employer match about $443,022 at 4% or $295,348 at 6%.
Scovan Financial Services 401(K) Profit Sharing Plan-4$1,849,001$141,767$35,442iApproximate average salary by contribution assumption: employee only about $886,044 at 4% or $590,696 at 6%; with 50% employer match about $590,696 at 4% or $393,797 at 6%; with 100% employer match about $443,022 at 4% or $295,348 at 6%.
201914$1,417,159$127,168$31,792iApproximate average salary by contribution assumption: employee only about $794,800 at 4% or $529,867 at 6%; with 50% employer match about $529,867 at 4% or $353,244 at 6%; with 100% employer match about $397,400 at 4% or $264,933 at 6%.
Scovan Financial Services 401(K) Profit Sharing Plan-4$1,417,159$127,168$31,792iApproximate average salary by contribution assumption: employee only about $794,800 at 4% or $529,867 at 6%; with 50% employer match about $529,867 at 4% or $353,244 at 6%; with 100% employer match about $397,400 at 4% or $264,933 at 6%.
201814$1,028,091$113,184$28,296iApproximate average salary by contribution assumption: employee only about $707,400 at 4% or $471,600 at 6%; with 50% employer match about $471,600 at 4% or $314,400 at 6%; with 100% employer match about $353,700 at 4% or $235,800 at 6%.
Scovan Financial Services 401(K) Profit Sharing Plan-4$1,028,091$113,184$28,296iApproximate average salary by contribution assumption: employee only about $707,400 at 4% or $471,600 at 6%; with 50% employer match about $471,600 at 4% or $314,400 at 6%; with 100% employer match about $353,700 at 4% or $235,800 at 6%.
201714$970,533$114,320$28,580iApproximate average salary by contribution assumption: employee only about $714,500 at 4% or $476,333 at 6%; with 50% employer match about $476,333 at 4% or $317,556 at 6%; with 100% employer match about $357,250 at 4% or $238,167 at 6%.
Scovan Financial Services 401(K) Profit Sharing Plan-4$970,533$114,320$28,580iApproximate average salary by contribution assumption: employee only about $714,500 at 4% or $476,333 at 6%; with 50% employer match about $476,333 at 4% or $317,556 at 6%; with 100% employer match about $357,250 at 4% or $238,167 at 6%.
201614$699,858$99,444$24,861iApproximate average salary by contribution assumption: employee only about $621,525 at 4% or $414,350 at 6%; with 50% employer match about $414,350 at 4% or $276,233 at 6%; with 100% employer match about $310,763 at 4% or $207,175 at 6%.
Scovan Financial Services 401(K) Profit Sharing Plan-4$699,858$99,444$24,861iApproximate average salary by contribution assumption: employee only about $621,525 at 4% or $414,350 at 6%; with 50% employer match about $414,350 at 4% or $276,233 at 6%; with 100% employer match about $310,763 at 4% or $207,175 at 6%.
201515$559,749$115,779$23,156iApproximate average salary by contribution assumption: employee only about $578,895 at 4% or $385,930 at 6%; with 50% employer match about $385,930 at 4% or $257,287 at 6%; with 100% employer match about $289,448 at 4% or $192,965 at 6%.
Scovan Financial Services 401(K) Profit Sharing Plan-5$559,749$115,779$23,156iApproximate average salary by contribution assumption: employee only about $578,895 at 4% or $385,930 at 6%; with 50% employer match about $385,930 at 4% or $257,287 at 6%; with 100% employer match about $289,448 at 4% or $192,965 at 6%.
201414$445,742$94,698$23,675iApproximate average salary by contribution assumption: employee only about $591,863 at 4% or $394,575 at 6%; with 50% employer match about $394,575 at 4% or $263,050 at 6%; with 100% employer match about $295,931 at 4% or $197,288 at 6%.
Scovan Financial Services 401(K) Profit Sharing Plan-4$445,742$94,698$23,675iApproximate average salary by contribution assumption: employee only about $591,863 at 4% or $394,575 at 6%; with 50% employer match about $394,575 at 4% or $263,050 at 6%; with 100% employer match about $295,931 at 4% or $197,288 at 6%.
201314$333,008$91,211$22,803iApproximate average salary by contribution assumption: employee only about $570,069 at 4% or $380,046 at 6%; with 50% employer match about $380,046 at 4% or $253,364 at 6%; with 100% employer match about $285,034 at 4% or $190,023 at 6%.
Scovan Financial Services 401(K) Profit Sharing Plan-4$333,008$91,211$22,803iApproximate average salary by contribution assumption: employee only about $570,069 at 4% or $380,046 at 6%; with 50% employer match about $380,046 at 4% or $253,364 at 6%; with 100% employer match about $285,034 at 4% or $190,023 at 6%.
201214$194,768$41,688$10,422iApproximate average salary by contribution assumption: employee only about $260,550 at 4% or $173,700 at 6%; with 50% employer match about $173,700 at 4% or $115,800 at 6%; with 100% employer match about $130,275 at 4% or $86,850 at 6%.
Scovan Financial Services 401(K) Profit Sharing Plan-4$194,768$41,688$10,422iApproximate average salary by contribution assumption: employee only about $260,550 at 4% or $173,700 at 6%; with 50% employer match about $173,700 at 4% or $115,800 at 6%; with 100% employer match about $130,275 at 4% or $86,850 at 6%.
201114$129,260$36,854$9,214iApproximate average salary by contribution assumption: employee only about $230,338 at 4% or $153,558 at 6%; with 50% employer match about $153,558 at 4% or $102,372 at 6%; with 100% employer match about $115,169 at 4% or $76,779 at 6%.
Scovan Financial Services 401(K) Profit Sharing Plan-4$129,260$36,854$9,214iApproximate average salary by contribution assumption: employee only about $230,338 at 4% or $153,558 at 6%; with 50% employer match about $153,558 at 4% or $102,372 at 6%; with 100% employer match about $115,169 at 4% or $76,779 at 6%.
201014$101,221$35,497$8,874iApproximate average salary by contribution assumption: employee only about $221,856 at 4% or $147,904 at 6%; with 50% employer match about $147,904 at 4% or $98,603 at 6%; with 100% employer match about $110,928 at 4% or $73,952 at 6%.
Scovan Financial Services 401(K) Profit Sharing Plan-4$101,221$35,497$8,874iApproximate average salary by contribution assumption: employee only about $221,856 at 4% or $147,904 at 6%; with 50% employer match about $147,904 at 4% or $98,603 at 6%; with 100% employer match about $110,928 at 4% or $73,952 at 6%.
200914$56,039$25,477$6,369iApproximate average salary by contribution assumption: employee only about $159,231 at 4% or $106,154 at 6%; with 50% employer match about $106,154 at 4% or $70,769 at 6%; with 100% employer match about $79,616 at 4% or $53,077 at 6%.
Scovan Financial Services 401(K) Profit Sharing Plan-4$56,039$25,477$6,369iApproximate average salary by contribution assumption: employee only about $159,231 at 4% or $106,154 at 6%; with 50% employer match about $106,154 at 4% or $70,769 at 6%; with 100% employer match about $79,616 at 4% or $53,077 at 6%.
200814$30,562$40,597$10,149iApproximate average salary by contribution assumption: employee only about $253,731 at 4% or $169,154 at 6%; with 50% employer match about $169,154 at 4% or $112,769 at 6%; with 100% employer match about $126,866 at 4% or $84,577 at 6%.
Scovan Financial Services 401(K) Profit Sharing Plan-4$30,562$40,597$10,149iApproximate average salary by contribution assumption: employee only about $253,731 at 4% or $169,154 at 6%; with 50% employer match about $169,154 at 4% or $112,769 at 6%; with 100% employer match about $126,866 at 4% or $84,577 at 6%.