Civic Intelligence

James J. Welch & Co. Inc.

Plan context: James J. Welch & Co. Inc. 401(K) Profit Sharing Plan

EIN 04-2165271 • Salem, MA • 25 filings • 4 plans

27 Congress StreetSalem, MA 01970
Current Snapshot

Latest Year

2024

2024 Participants

39

2024 Assets

$2,294,427

2024 Contributions

$402,808

Historical Graphs

Total Assets Over Time

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

$2,294,427$1,147,214$0200020122024YearValue
$2,294,427Latest year 2024

Participants Over Time

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

39200200020122024YearValue
39Latest 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
2024139$2,294,427$402,808$10,328iApproximate average salary by contribution assumption: employee only about $258,210 at 4% or $172,140 at 6%; with 50% employer match about $172,140 at 4% or $114,760 at 6%; with 100% employer match about $129,105 at 4% or $86,070 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-39$2,294,427$402,808$10,328iApproximate average salary by contribution assumption: employee only about $258,210 at 4% or $172,140 at 6%; with 50% employer match about $172,140 at 4% or $114,760 at 6%; with 100% employer match about $129,105 at 4% or $86,070 at 6%.
2023139$1,698,657$467,714$11,993iApproximate average salary by contribution assumption: employee only about $299,817 at 4% or $199,878 at 6%; with 50% employer match about $199,878 at 4% or $133,252 at 6%; with 100% employer match about $149,908 at 4% or $99,939 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-39$1,698,657$467,714$11,993iApproximate average salary by contribution assumption: employee only about $299,817 at 4% or $199,878 at 6%; with 50% employer match about $199,878 at 4% or $133,252 at 6%; with 100% employer match about $149,908 at 4% or $99,939 at 6%.
2022135$1,011,350$278,205$7,949iApproximate average salary by contribution assumption: employee only about $198,718 at 4% or $132,479 at 6%; with 50% employer match about $132,479 at 4% or $88,319 at 6%; with 100% employer match about $99,359 at 4% or $66,239 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-35$1,011,350$278,205$7,949iApproximate average salary by contribution assumption: employee only about $198,718 at 4% or $132,479 at 6%; with 50% employer match about $132,479 at 4% or $88,319 at 6%; with 100% employer match about $99,359 at 4% or $66,239 at 6%.
2021131$933,640$347,825$11,220iApproximate average salary by contribution assumption: employee only about $280,504 at 4% or $187,003 at 6%; with 50% employer match about $187,003 at 4% or $124,668 at 6%; with 100% employer match about $140,252 at 4% or $93,501 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-31$933,640$347,825$11,220iApproximate average salary by contribution assumption: employee only about $280,504 at 4% or $187,003 at 6%; with 50% employer match about $187,003 at 4% or $124,668 at 6%; with 100% employer match about $140,252 at 4% or $93,501 at 6%.
2020123$616,613$154,155$6,702iApproximate average salary by contribution assumption: employee only about $167,560 at 4% or $111,707 at 6%; with 50% employer match about $111,707 at 4% or $74,471 at 6%; with 100% employer match about $83,780 at 4% or $55,853 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-23$616,613$154,155$6,702iApproximate average salary by contribution assumption: employee only about $167,560 at 4% or $111,707 at 6%; with 50% employer match about $111,707 at 4% or $74,471 at 6%; with 100% employer match about $83,780 at 4% or $55,853 at 6%.
2019120$383,190$169,047$8,452iApproximate average salary by contribution assumption: employee only about $211,309 at 4% or $140,873 at 6%; with 50% employer match about $140,873 at 4% or $93,915 at 6%; with 100% employer match about $105,654 at 4% or $70,436 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-20$383,190$169,047$8,452iApproximate average salary by contribution assumption: employee only about $211,309 at 4% or $140,873 at 6%; with 50% employer match about $140,873 at 4% or $93,915 at 6%; with 100% employer match about $105,654 at 4% or $70,436 at 6%.
2018116$1,215,109$10,835$677iApproximate average salary by contribution assumption: employee only about $16,930 at 4% or $11,286 at 6%; with 50% employer match about $11,286 at 4% or $7,524 at 6%; with 100% employer match about $8,465 at 4% or $5,643 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-16$1,215,109$10,835$677iApproximate average salary by contribution assumption: employee only about $16,930 at 4% or $11,286 at 6%; with 50% employer match about $11,286 at 4% or $7,524 at 6%; with 100% employer match about $8,465 at 4% or $5,643 at 6%.
2017117$1,394,503$7,340$432iApproximate average salary by contribution assumption: employee only about $10,794 at 4% or $7,196 at 6%; with 50% employer match about $7,196 at 4% or $4,797 at 6%; with 100% employer match about $5,397 at 4% or $3,598 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-17$1,394,503$7,340$432iApproximate average salary by contribution assumption: employee only about $10,794 at 4% or $7,196 at 6%; with 50% employer match about $7,196 at 4% or $4,797 at 6%; with 100% employer match about $5,397 at 4% or $3,598 at 6%.
2016123$1,476,207$20,753$902iApproximate average salary by contribution assumption: employee only about $22,558 at 4% or $15,038 at 6%; with 50% employer match about $15,038 at 4% or $10,026 at 6%; with 100% employer match about $11,279 at 4% or $7,519 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-23$1,476,207$20,753$902iApproximate average salary by contribution assumption: employee only about $22,558 at 4% or $15,038 at 6%; with 50% employer match about $15,038 at 4% or $10,026 at 6%; with 100% employer match about $11,279 at 4% or $7,519 at 6%.
2015132$1,677,859$34,933$1,092iApproximate average salary by contribution assumption: employee only about $27,291 at 4% or $18,194 at 6%; with 50% employer match about $18,194 at 4% or $12,130 at 6%; with 100% employer match about $13,646 at 4% or $9,097 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-32$1,677,859$34,933$1,092iApproximate average salary by contribution assumption: employee only about $27,291 at 4% or $18,194 at 6%; with 50% employer match about $18,194 at 4% or $12,130 at 6%; with 100% employer match about $13,646 at 4% or $9,097 at 6%.
2014131$1,655,543$60,241$1,943iApproximate average salary by contribution assumption: employee only about $48,581 at 4% or $32,388 at 6%; with 50% employer match about $32,388 at 4% or $21,592 at 6%; with 100% employer match about $24,291 at 4% or $16,194 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-31$1,655,543$60,241$1,943iApproximate average salary by contribution assumption: employee only about $48,581 at 4% or $32,388 at 6%; with 50% employer match about $32,388 at 4% or $21,592 at 6%; with 100% employer match about $24,291 at 4% or $16,194 at 6%.
2013131$1,563,492$81,069$2,615iApproximate average salary by contribution assumption: employee only about $65,378 at 4% or $43,585 at 6%; with 50% employer match about $43,585 at 4% or $29,057 at 6%; with 100% employer match about $32,689 at 4% or $21,793 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-31$1,563,492$81,069$2,615iApproximate average salary by contribution assumption: employee only about $65,378 at 4% or $43,585 at 6%; with 50% employer match about $43,585 at 4% or $29,057 at 6%; with 100% employer match about $32,689 at 4% or $21,793 at 6%.
2012134$1,829,047$120,354$3,540iApproximate average salary by contribution assumption: employee only about $88,496 at 4% or $58,997 at 6%; with 50% employer match about $58,997 at 4% or $39,331 at 6%; with 100% employer match about $44,248 at 4% or $29,499 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-34$1,829,047$120,354$3,540iApproximate average salary by contribution assumption: employee only about $88,496 at 4% or $58,997 at 6%; with 50% employer match about $58,997 at 4% or $39,331 at 6%; with 100% employer match about $44,248 at 4% or $29,499 at 6%.
2011133$1,669,690$110,002$3,333iApproximate average salary by contribution assumption: employee only about $83,335 at 4% or $55,557 at 6%; with 50% employer match about $55,557 at 4% or $37,038 at 6%; with 100% employer match about $41,667 at 4% or $27,778 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-33$1,669,690$110,002$3,333iApproximate average salary by contribution assumption: employee only about $83,335 at 4% or $55,557 at 6%; with 50% employer match about $55,557 at 4% or $37,038 at 6%; with 100% employer match about $41,667 at 4% or $27,778 at 6%.
2010135$1,856,343$117,098$3,346iApproximate average salary by contribution assumption: employee only about $83,641 at 4% or $55,761 at 6%; with 50% employer match about $55,761 at 4% or $37,174 at 6%; with 100% employer match about $41,821 at 4% or $27,880 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-35$1,856,343$117,098$3,346iApproximate average salary by contribution assumption: employee only about $83,641 at 4% or $55,761 at 6%; with 50% employer match about $55,761 at 4% or $37,174 at 6%; with 100% employer match about $41,821 at 4% or $27,880 at 6%.
2009134$1,613,028$125,858$3,702iApproximate average salary by contribution assumption: employee only about $92,543 at 4% or $61,695 at 6%; with 50% employer match about $61,695 at 4% or $41,130 at 6%; with 100% employer match about $46,271 at 4% or $30,848 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-34$1,613,028$125,858$3,702iApproximate average salary by contribution assumption: employee only about $92,543 at 4% or $61,695 at 6%; with 50% employer match about $61,695 at 4% or $41,130 at 6%; with 100% employer match about $46,271 at 4% or $30,848 at 6%.
2008133$1,336,667$174,640$5,292iApproximate average salary by contribution assumption: employee only about $132,303 at 4% or $88,202 at 6%; with 50% employer match about $88,202 at 4% or $58,801 at 6%; with 100% employer match about $66,152 at 4% or $44,101 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-33$1,336,667$174,640$5,292iApproximate average salary by contribution assumption: employee only about $132,303 at 4% or $88,202 at 6%; with 50% employer match about $88,202 at 4% or $58,801 at 6%; with 100% employer match about $66,152 at 4% or $44,101 at 6%.
2007125$1,488,046$174,431$6,977iApproximate average salary by contribution assumption: employee only about $174,431 at 4% or $116,287 at 6%; with 50% employer match about $116,287 at 4% or $77,525 at 6%; with 100% employer match about $87,216 at 4% or $58,144 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-25$1,488,046$174,431$6,977iApproximate average salary by contribution assumption: employee only about $174,431 at 4% or $116,287 at 6%; with 50% employer match about $116,287 at 4% or $77,525 at 6%; with 100% employer match about $87,216 at 4% or $58,144 at 6%.
2006121$1,245,144$141,981$6,761iApproximate average salary by contribution assumption: employee only about $169,025 at 4% or $112,683 at 6%; with 50% employer match about $112,683 at 4% or $75,122 at 6%; with 100% employer match about $84,513 at 4% or $56,342 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-21$1,245,144$141,981$6,761iApproximate average salary by contribution assumption: employee only about $169,025 at 4% or $112,683 at 6%; with 50% employer match about $112,683 at 4% or $75,122 at 6%; with 100% employer match about $84,513 at 4% or $56,342 at 6%.
2005116$1,048,623$113,425$7,089iApproximate average salary by contribution assumption: employee only about $177,227 at 4% or $118,151 at 6%; with 50% employer match about $118,151 at 4% or $78,767 at 6%; with 100% employer match about $88,613 at 4% or $59,076 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-16$1,048,623$113,425$7,089iApproximate average salary by contribution assumption: employee only about $177,227 at 4% or $118,151 at 6%; with 50% employer match about $118,151 at 4% or $78,767 at 6%; with 100% employer match about $88,613 at 4% or $59,076 at 6%.
2004119$998,530$145,990$7,684iApproximate average salary by contribution assumption: employee only about $192,092 at 4% or $128,061 at 6%; with 50% employer match about $128,061 at 4% or $85,374 at 6%; with 100% employer match about $96,046 at 4% or $64,031 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-19$998,530$145,990$7,684iApproximate average salary by contribution assumption: employee only about $192,092 at 4% or $128,061 at 6%; with 50% employer match about $128,061 at 4% or $85,374 at 6%; with 100% employer match about $96,046 at 4% or $64,031 at 6%.
2003122$840,218$109,287$4,968iApproximate average salary by contribution assumption: employee only about $124,190 at 4% or $82,793 at 6%; with 50% employer match about $82,793 at 4% or $55,195 at 6%; with 100% employer match about $62,095 at 4% or $41,397 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-22$840,218$109,287$4,968iApproximate average salary by contribution assumption: employee only about $124,190 at 4% or $82,793 at 6%; with 50% employer match about $82,793 at 4% or $55,195 at 6%; with 100% employer match about $62,095 at 4% or $41,397 at 6%.
2002122$802,564$97,211$4,419iApproximate average salary by contribution assumption: employee only about $110,467 at 4% or $73,645 at 6%; with 50% employer match about $73,645 at 4% or $49,096 at 6%; with 100% employer match about $55,234 at 4% or $36,822 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-22$802,564$97,211$4,419iApproximate average salary by contribution assumption: employee only about $110,467 at 4% or $73,645 at 6%; with 50% employer match about $73,645 at 4% or $49,096 at 6%; with 100% employer match about $55,234 at 4% or $36,822 at 6%.
2001132$888,815$206,775$6,462iApproximate average salary by contribution assumption: employee only about $161,543 at 4% or $107,695 at 6%; with 50% employer match about $107,695 at 4% or $71,797 at 6%; with 100% employer match about $80,771 at 4% or $53,848 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-32$888,815$206,775$6,462iApproximate average salary by contribution assumption: employee only about $161,543 at 4% or $107,695 at 6%; with 50% employer match about $107,695 at 4% or $71,797 at 6%; with 100% employer match about $80,771 at 4% or $53,848 at 6%.
2000126$700,714$170,093$6,542iApproximate average salary by contribution assumption: employee only about $163,551 at 4% or $109,034 at 6%; with 50% employer match about $109,034 at 4% or $72,689 at 6%; with 100% employer match about $81,775 at 4% or $54,517 at 6%.
James J. Welch & Co. Inc. 401(K) Profit Sharing Plan-26$700,714$170,093$6,542iApproximate average salary by contribution assumption: employee only about $163,551 at 4% or $109,034 at 6%; with 50% employer match about $109,034 at 4% or $72,689 at 6%; with 100% employer match about $81,775 at 4% or $54,517 at 6%.