Civic Intelligence

Michael Balasco

Plan context: Michael Balasco 401K Plan

EIN 03-7405523 • 9 filings • 3 plans

Current Snapshot

Latest Year

2005

2005 Participants

1

2005 Assets

$473,586

2005 Contributions

$134,066

Historical Graphs

Total Assets Over Time

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

$473,586$236,793$0200220042005YearValue
$473,586Latest year 2005

Participants Over Time

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

110200220042005YearValue
1Latest year 2005

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
200521$473,586$134,066$134,066iApproximate average salary by contribution assumption: employee only about $3,351,650 at 4% or $2,234,433 at 6%; with 50% employer match about $2,234,433 at 4% or $1,489,622 at 6%; with 100% employer match about $1,675,825 at 4% or $1,117,217 at 6%.
Michael Balasco 401K Plan-1$266,174$14,000$14,000iApproximate average salary by contribution assumption: employee only about $350,000 at 4% or $233,333 at 6%; with 50% employer match about $233,333 at 4% or $155,556 at 6%; with 100% employer match about $175,000 at 4% or $116,667 at 6%.
MICHAEL L. BALASCO DEFINED BENEFIT PLAN-1$207,412$120,066$120,066iApproximate average salary by contribution assumption: employee only about $3,001,650 at 4% or $2,001,100 at 6%; with 50% employer match about $2,001,100 at 4% or $1,334,067 at 6%; with 100% employer match about $1,500,825 at 4% or $1,000,550 at 6%.
200431$329,279$298,370$298,370iApproximate average salary by contribution assumption: employee only about $7,459,250 at 4% or $4,972,833 at 6%; with 50% employer match about $4,972,833 at 4% or $3,315,222 at 6%; with 100% employer match about $3,729,625 at 4% or $2,486,417 at 6%.
Michael Balasco 401K Plan-1$246,337$215,428$215,428iApproximate average salary by contribution assumption: employee only about $5,385,700 at 4% or $3,590,467 at 6%; with 50% employer match about $3,590,467 at 4% or $2,393,644 at 6%; with 100% employer match about $2,692,850 at 4% or $1,795,233 at 6%.
MICHAEL L. BALASCO DEFINED BENEFIT PLAN-1$82,942$82,942$82,942iApproximate average salary by contribution assumption: employee only about $2,073,550 at 4% or $1,382,367 at 6%; with 50% employer match about $1,382,367 at 4% or $921,578 at 6%; with 100% employer match about $1,036,775 at 4% or $691,183 at 6%.
MICHAEL BALASCO MONEY PURCHASE PLAN-0---
200321$232,204$40,000$40,000iApproximate average salary by contribution assumption: employee only about $1,000,000 at 4% or $666,667 at 6%; with 50% employer match about $666,667 at 4% or $444,444 at 6%; with 100% employer match about $500,000 at 4% or $333,333 at 6%.
MICHAEL BALASCO MONEY PURCHASE PLAN-1$208,490$28,000$28,000iApproximate average salary by contribution assumption: employee only about $700,000 at 4% or $466,667 at 6%; with 50% employer match about $466,667 at 4% or $311,111 at 6%; with 100% employer match about $350,000 at 4% or $233,333 at 6%.
Michael Balasco 401K Plan-1$23,714$12,000$12,000iApproximate average salary by contribution assumption: employee only about $300,000 at 4% or $200,000 at 6%; with 50% employer match about $200,000 at 4% or $133,333 at 6%; with 100% employer match about $150,000 at 4% or $100,000 at 6%.
200221$158,084$40,000$40,000iApproximate average salary by contribution assumption: employee only about $1,000,000 at 4% or $666,667 at 6%; with 50% employer match about $666,667 at 4% or $444,444 at 6%; with 100% employer match about $500,000 at 4% or $333,333 at 6%.
MICHAEL BALASCO MONEY PURCHASE PLAN-1$147,084$29,000$29,000iApproximate average salary by contribution assumption: employee only about $725,000 at 4% or $483,333 at 6%; with 50% employer match about $483,333 at 4% or $322,222 at 6%; with 100% employer match about $362,500 at 4% or $241,667 at 6%.
Michael Balasco 401K Plan-1$11,000$11,000$11,000iApproximate average salary by contribution assumption: employee only about $275,000 at 4% or $183,333 at 6%; with 50% employer match about $183,333 at 4% or $122,222 at 6%; with 100% employer match about $137,500 at 4% or $91,667 at 6%.