Civic Intelligence

Somerset Industries Inc.

Plan context: Somerset Industries 401K Plan

EIN 04-2036927 • Lowell, MA • 26 filings • 6 plans

137 Phoenix AveLowell, MA 01862
Current Snapshot

Latest Year

2024

2024 Participants

26

2024 Assets

$3,773,918

2024 Contributions

$157,560

Historical Graphs

Total Assets Over Time

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

$4,249,279$2,124,640$0199920132024YearValue
$3,773,918Latest year 2024

Participants Over Time

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

32160199920132024YearValue
26Latest year 2024

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
2024126$3,773,918$157,560$6,060iApproximate average salary by contribution assumption: employee only about $151,500 at 4% or $101,000 at 6%; with 50% employer match about $101,000 at 4% or $67,333 at 6%; with 100% employer match about $75,750 at 4% or $50,500 at 6%.
Somerset Industries 401K Plan-26$3,773,918$157,560$6,060iApproximate average salary by contribution assumption: employee only about $151,500 at 4% or $101,000 at 6%; with 50% employer match about $101,000 at 4% or $67,333 at 6%; with 100% employer match about $75,750 at 4% or $50,500 at 6%.
2023126$3,425,832$40,900$1,573iApproximate average salary by contribution assumption: employee only about $39,327 at 4% or $26,218 at 6%; with 50% employer match about $26,218 at 4% or $17,479 at 6%; with 100% employer match about $19,663 at 4% or $13,109 at 6%.
Somerset Industries 401K Plan-26$3,425,832$40,900$1,573iApproximate average salary by contribution assumption: employee only about $39,327 at 4% or $26,218 at 6%; with 50% employer match about $26,218 at 4% or $17,479 at 6%; with 100% employer match about $19,663 at 4% or $13,109 at 6%.
2022116$2,859,599$176,274$11,017iApproximate average salary by contribution assumption: employee only about $275,428 at 4% or $183,619 at 6%; with 50% employer match about $183,619 at 4% or $122,413 at 6%; with 100% employer match about $137,714 at 4% or $91,809 at 6%.
Somerset Industries 401K Plan-16$2,859,599$176,274$11,017iApproximate average salary by contribution assumption: employee only about $275,428 at 4% or $183,619 at 6%; with 50% employer match about $183,619 at 4% or $122,413 at 6%; with 100% employer match about $137,714 at 4% or $91,809 at 6%.
2021129$3,349,018$145,444$5,015iApproximate average salary by contribution assumption: employee only about $125,383 at 4% or $83,589 at 6%; with 50% employer match about $83,589 at 4% or $55,726 at 6%; with 100% employer match about $62,691 at 4% or $41,794 at 6%.
Somerset Industries 401K Plan-29$3,349,018$145,444$5,015iApproximate average salary by contribution assumption: employee only about $125,383 at 4% or $83,589 at 6%; with 50% employer match about $83,589 at 4% or $55,726 at 6%; with 100% employer match about $62,691 at 4% or $41,794 at 6%.
2020129$3,015,216$172,274$5,940iApproximate average salary by contribution assumption: employee only about $148,512 at 4% or $99,008 at 6%; with 50% employer match about $99,008 at 4% or $66,005 at 6%; with 100% employer match about $74,256 at 4% or $49,504 at 6%.
Somerset Industries 401K Plan-29$3,015,216$172,274$5,940iApproximate average salary by contribution assumption: employee only about $148,512 at 4% or $99,008 at 6%; with 50% employer match about $99,008 at 4% or $66,005 at 6%; with 100% employer match about $74,256 at 4% or $49,504 at 6%.
2019124$4,249,279$195,147$8,131iApproximate average salary by contribution assumption: employee only about $203,278 at 4% or $135,519 at 6%; with 50% employer match about $135,519 at 4% or $90,346 at 6%; with 100% employer match about $101,639 at 4% or $67,759 at 6%.
Somerset Industries 401K Plan-24$4,249,279$195,147$8,131iApproximate average salary by contribution assumption: employee only about $203,278 at 4% or $135,519 at 6%; with 50% employer match about $135,519 at 4% or $90,346 at 6%; with 100% employer match about $101,639 at 4% or $67,759 at 6%.
2018132$3,411,028$225,373$7,043iApproximate average salary by contribution assumption: employee only about $176,073 at 4% or $117,382 at 6%; with 50% employer match about $117,382 at 4% or $78,255 at 6%; with 100% employer match about $88,036 at 4% or $58,691 at 6%.
Somerset Industries 401K Plan-32$3,411,028$225,373$7,043iApproximate average salary by contribution assumption: employee only about $176,073 at 4% or $117,382 at 6%; with 50% employer match about $117,382 at 4% or $78,255 at 6%; with 100% employer match about $88,036 at 4% or $58,691 at 6%.
2017128$3,573,229$252,039$9,001iApproximate average salary by contribution assumption: employee only about $225,035 at 4% or $150,023 at 6%; with 50% employer match about $150,023 at 4% or $100,015 at 6%; with 100% employer match about $112,517 at 4% or $75,012 at 6%.
Somerset Industries 401K Plan-28$3,573,229$252,039$9,001iApproximate average salary by contribution assumption: employee only about $225,035 at 4% or $150,023 at 6%; with 50% employer match about $150,023 at 4% or $100,015 at 6%; with 100% employer match about $112,517 at 4% or $75,012 at 6%.
2016123$2,862,862$196,201$8,530iApproximate average salary by contribution assumption: employee only about $213,262 at 4% or $142,175 at 6%; with 50% employer match about $142,175 at 4% or $94,783 at 6%; with 100% employer match about $106,631 at 4% or $71,087 at 6%.
Somerset Industries 401K Plan-23$2,862,862$196,201$8,530iApproximate average salary by contribution assumption: employee only about $213,262 at 4% or $142,175 at 6%; with 50% employer match about $142,175 at 4% or $94,783 at 6%; with 100% employer match about $106,631 at 4% or $71,087 at 6%.
2015131$2,479,406$394,908$12,739iApproximate average salary by contribution assumption: employee only about $318,474 at 4% or $212,316 at 6%; with 50% employer match about $212,316 at 4% or $141,544 at 6%; with 100% employer match about $159,237 at 4% or $106,158 at 6%.
Somerset Industries 401K Plan-31$2,479,406$394,908$12,739iApproximate average salary by contribution assumption: employee only about $318,474 at 4% or $212,316 at 6%; with 50% employer match about $212,316 at 4% or $141,544 at 6%; with 100% employer match about $159,237 at 4% or $106,158 at 6%.
2014131$2,216,550$179,075$5,777iApproximate average salary by contribution assumption: employee only about $144,415 at 4% or $96,277 at 6%; with 50% employer match about $96,277 at 4% or $64,185 at 6%; with 100% employer match about $72,208 at 4% or $48,138 at 6%.
Somerset Industries 401K Plan-31$2,216,550$179,075$5,777iApproximate average salary by contribution assumption: employee only about $144,415 at 4% or $96,277 at 6%; with 50% employer match about $96,277 at 4% or $64,185 at 6%; with 100% employer match about $72,208 at 4% or $48,138 at 6%.
2013125$1,979,186$306,264$12,251iApproximate average salary by contribution assumption: employee only about $306,264 at 4% or $204,176 at 6%; with 50% employer match about $204,176 at 4% or $136,117 at 6%; with 100% employer match about $153,132 at 4% or $102,088 at 6%.
Somerset Industries 401K Plan-25$1,979,186$306,264$12,251iApproximate average salary by contribution assumption: employee only about $306,264 at 4% or $204,176 at 6%; with 50% employer match about $204,176 at 4% or $136,117 at 6%; with 100% employer match about $153,132 at 4% or $102,088 at 6%.
2012122$1,345,506$276,329$12,560iApproximate average salary by contribution assumption: employee only about $314,010 at 4% or $209,340 at 6%; with 50% employer match about $209,340 at 4% or $139,560 at 6%; with 100% employer match about $157,005 at 4% or $104,670 at 6%.
Somerset Industries 401K Plan-22$1,345,506$276,329$12,560iApproximate average salary by contribution assumption: employee only about $314,010 at 4% or $209,340 at 6%; with 50% employer match about $209,340 at 4% or $139,560 at 6%; with 100% employer match about $157,005 at 4% or $104,670 at 6%.
2011218$2,243,881$354,492$19,694iApproximate average salary by contribution assumption: employee only about $492,350 at 4% or $328,233 at 6%; with 50% employer match about $328,233 at 4% or $218,822 at 6%; with 100% employer match about $246,175 at 4% or $164,117 at 6%.
Somerset Industries 401K Plan-18$1,473,547$203,478$11,304iApproximate average salary by contribution assumption: employee only about $282,608 at 4% or $188,406 at 6%; with 50% employer match about $188,406 at 4% or $125,604 at 6%; with 100% employer match about $141,304 at 4% or $94,203 at 6%.
Somerset Industries 401K Plan-12$770,334$151,014$12,585iApproximate average salary by contribution assumption: employee only about $314,613 at 4% or $209,742 at 6%; with 50% employer match about $209,742 at 4% or $139,828 at 6%; with 100% employer match about $157,306 at 4% or $104,871 at 6%.
2010116$1,380,026$75,044$4,690iApproximate average salary by contribution assumption: employee only about $117,256 at 4% or $78,171 at 6%; with 50% employer match about $78,171 at 4% or $52,114 at 6%; with 100% employer match about $58,628 at 4% or $39,085 at 6%.
Somerset Industries 401K Plan-16$1,380,026$75,044$4,690iApproximate average salary by contribution assumption: employee only about $117,256 at 4% or $78,171 at 6%; with 50% employer match about $78,171 at 4% or $52,114 at 6%; with 100% employer match about $58,628 at 4% or $39,085 at 6%.
2009215$1,121,972$81,683$5,446iApproximate average salary by contribution assumption: employee only about $136,138 at 4% or $90,759 at 6%; with 50% employer match about $90,759 at 4% or $60,506 at 6%; with 100% employer match about $68,069 at 4% or $45,379 at 6%.
Somerset Industries 401K Plan-12$1,121,972$81,683$6,807iApproximate average salary by contribution assumption: employee only about $170,173 at 4% or $113,449 at 6%; with 50% employer match about $113,449 at 4% or $75,632 at 6%; with 100% employer match about $85,086 at 4% or $56,724 at 6%.
Somerset Industries 401K Plan-15---
2006115$941,023$162,269$10,818iApproximate average salary by contribution assumption: employee only about $270,448 at 4% or $180,299 at 6%; with 50% employer match about $180,299 at 4% or $120,199 at 6%; with 100% employer match about $135,224 at 4% or $90,149 at 6%.
Somerset Industries 401K Plan-15$941,023$162,269$10,818iApproximate average salary by contribution assumption: employee only about $270,448 at 4% or $180,299 at 6%; with 50% employer match about $180,299 at 4% or $120,199 at 6%; with 100% employer match about $135,224 at 4% or $90,149 at 6%.
2005115$689,719$80,971$5,398iApproximate average salary by contribution assumption: employee only about $134,952 at 4% or $89,968 at 6%; with 50% employer match about $89,968 at 4% or $59,979 at 6%; with 100% employer match about $67,476 at 4% or $44,984 at 6%.
Somerset Industries 401K Plan-15$689,719$80,971$5,398iApproximate average salary by contribution assumption: employee only about $134,952 at 4% or $89,968 at 6%; with 50% employer match about $89,968 at 4% or $59,979 at 6%; with 100% employer match about $67,476 at 4% or $44,984 at 6%.
2004112$581,595$123,542$10,295iApproximate average salary by contribution assumption: employee only about $257,379 at 4% or $171,586 at 6%; with 50% employer match about $171,586 at 4% or $114,391 at 6%; with 100% employer match about $128,690 at 4% or $85,793 at 6%.
Somerset Industries 401K Plan-12$581,595$123,542$10,295iApproximate average salary by contribution assumption: employee only about $257,379 at 4% or $171,586 at 6%; with 50% employer match about $171,586 at 4% or $114,391 at 6%; with 100% employer match about $128,690 at 4% or $85,793 at 6%.
2003110$435,543$112,322$11,232iApproximate average salary by contribution assumption: employee only about $280,805 at 4% or $187,203 at 6%; with 50% employer match about $187,203 at 4% or $124,802 at 6%; with 100% employer match about $140,403 at 4% or $93,602 at 6%.
Somerset Industries 401K Plan-10$435,543$112,322$11,232iApproximate average salary by contribution assumption: employee only about $280,805 at 4% or $187,203 at 6%; with 50% employer match about $187,203 at 4% or $124,802 at 6%; with 100% employer match about $140,403 at 4% or $93,602 at 6%.
2002110$282,717$106,421$10,642iApproximate average salary by contribution assumption: employee only about $266,053 at 4% or $177,368 at 6%; with 50% employer match about $177,368 at 4% or $118,246 at 6%; with 100% employer match about $133,026 at 4% or $88,684 at 6%.
Somerset Industries 401K Plan-10$282,717$106,421$10,642iApproximate average salary by contribution assumption: employee only about $266,053 at 4% or $177,368 at 6%; with 50% employer match about $177,368 at 4% or $118,246 at 6%; with 100% employer match about $133,026 at 4% or $88,684 at 6%.
2001111$195,980$88,430$8,039iApproximate average salary by contribution assumption: employee only about $200,977 at 4% or $133,985 at 6%; with 50% employer match about $133,985 at 4% or $89,323 at 6%; with 100% employer match about $100,489 at 4% or $66,992 at 6%.
Somerset Industries 401K Plan-11$195,980$88,430$8,039iApproximate average salary by contribution assumption: employee only about $200,977 at 4% or $133,985 at 6%; with 50% employer match about $133,985 at 4% or $89,323 at 6%; with 100% employer match about $100,489 at 4% or $66,992 at 6%.
200018$116,357$73,072$9,134iApproximate average salary by contribution assumption: employee only about $228,350 at 4% or $152,233 at 6%; with 50% employer match about $152,233 at 4% or $101,489 at 6%; with 100% employer match about $114,175 at 4% or $76,117 at 6%.
Somerset Industries 401K Plan-8$116,357$73,072$9,134iApproximate average salary by contribution assumption: employee only about $228,350 at 4% or $152,233 at 6%; with 50% employer match about $152,233 at 4% or $101,489 at 6%; with 100% employer match about $114,175 at 4% or $76,117 at 6%.
199919$68,913$68,913$7,657iApproximate average salary by contribution assumption: employee only about $191,425 at 4% or $127,617 at 6%; with 50% employer match about $127,617 at 4% or $85,078 at 6%; with 100% employer match about $95,713 at 4% or $63,808 at 6%.
Somerset Industries 401K Plan-9$68,913$68,913$7,657iApproximate average salary by contribution assumption: employee only about $191,425 at 4% or $127,617 at 6%; with 50% employer match about $127,617 at 4% or $85,078 at 6%; with 100% employer match about $95,713 at 4% or $63,808 at 6%.