Civic Intelligence

Farinas Incorporated

Plan context: Farina'S Incorporated Profit Sharing Plan

EIN 04-2564652 • Watertown, MA • 26 filings • 5 plans

61 Galen StreetWatertown, MA 02472-4503
Current Snapshot

Latest Year

2024

2024 Participants

3

2024 Assets

$4,984,980

2024 Contributions

$414,000

Historical Graphs

Total Assets Over Time

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

$4,984,980$2,492,490$0199920132024YearValue
$4,984,980Latest year 2024

Participants Over Time

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

530199920122024YearValue
3Latest 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
202413$4,984,980$414,000$138,000iApproximate average salary by contribution assumption: employee only about $3,450,000 at 4% or $2,300,000 at 6%; with 50% employer match about $2,300,000 at 4% or $1,533,333 at 6%; with 100% employer match about $1,725,000 at 4% or $1,150,000 at 6%.
Farina'S Incorporated Profit Sharing Plan-3$4,984,980$414,000$138,000iApproximate average salary by contribution assumption: employee only about $3,450,000 at 4% or $2,300,000 at 6%; with 50% employer match about $2,300,000 at 4% or $1,533,333 at 6%; with 100% employer match about $1,725,000 at 4% or $1,150,000 at 6%.
202313$4,141,869$180,000$60,000iApproximate average salary by contribution assumption: employee only about $1,500,000 at 4% or $1,000,000 at 6%; with 50% employer match about $1,000,000 at 4% or $666,667 at 6%; with 100% employer match about $750,000 at 4% or $500,000 at 6%.
Farina'S Incorporated Profit Sharing Plan-3$4,141,869$180,000$60,000iApproximate average salary by contribution assumption: employee only about $1,500,000 at 4% or $1,000,000 at 6%; with 50% employer match about $1,000,000 at 4% or $666,667 at 6%; with 100% employer match about $750,000 at 4% or $500,000 at 6%.
202215$3,365,213$175,900$35,180iApproximate average salary by contribution assumption: employee only about $879,500 at 4% or $586,333 at 6%; with 50% employer match about $586,333 at 4% or $390,889 at 6%; with 100% employer match about $439,750 at 4% or $293,167 at 6%.
Farina'S Incorporated Profit Sharing Plan-5$3,365,213$175,900$35,180iApproximate average salary by contribution assumption: employee only about $879,500 at 4% or $586,333 at 6%; with 50% employer match about $586,333 at 4% or $390,889 at 6%; with 100% employer match about $439,750 at 4% or $293,167 at 6%.
202115$3,921,516$175,900$35,180iApproximate average salary by contribution assumption: employee only about $879,500 at 4% or $586,333 at 6%; with 50% employer match about $586,333 at 4% or $390,889 at 6%; with 100% employer match about $439,750 at 4% or $293,167 at 6%.
Farina'S Incorporated Profit Sharing Plan-5$3,921,516$175,900$35,180iApproximate average salary by contribution assumption: employee only about $879,500 at 4% or $586,333 at 6%; with 50% employer match about $586,333 at 4% or $390,889 at 6%; with 100% employer match about $439,750 at 4% or $293,167 at 6%.
202015$3,264,924$175,900$35,180iApproximate average salary by contribution assumption: employee only about $879,500 at 4% or $586,333 at 6%; with 50% employer match about $586,333 at 4% or $390,889 at 6%; with 100% employer match about $439,750 at 4% or $293,167 at 6%.
Farina'S Incorporated Profit Sharing Plan-5$3,264,924$175,900$35,180iApproximate average salary by contribution assumption: employee only about $879,500 at 4% or $586,333 at 6%; with 50% employer match about $586,333 at 4% or $390,889 at 6%; with 100% employer match about $439,750 at 4% or $293,167 at 6%.
201915$2,740,138$176,300$35,260iApproximate average salary by contribution assumption: employee only about $881,500 at 4% or $587,667 at 6%; with 50% employer match about $587,667 at 4% or $391,778 at 6%; with 100% employer match about $440,750 at 4% or $293,833 at 6%.
Farina'S Incorporated Profit Sharing Plan-5$2,740,138$176,300$35,260iApproximate average salary by contribution assumption: employee only about $881,500 at 4% or $587,667 at 6%; with 50% employer match about $587,667 at 4% or $391,778 at 6%; with 100% employer match about $440,750 at 4% or $293,833 at 6%.
201813$2,144,134$163,000$54,333iApproximate average salary by contribution assumption: employee only about $1,358,333 at 4% or $905,556 at 6%; with 50% employer match about $905,556 at 4% or $603,704 at 6%; with 100% employer match about $679,167 at 4% or $452,778 at 6%.
Farina'S Incorporated Profit Sharing Plan-3$2,144,134$163,000$54,333iApproximate average salary by contribution assumption: employee only about $1,358,333 at 4% or $905,556 at 6%; with 50% employer match about $905,556 at 4% or $603,704 at 6%; with 100% employer match about $679,167 at 4% or $452,778 at 6%.
201713$2,202,544$155,000$51,667iApproximate average salary by contribution assumption: employee only about $1,291,667 at 4% or $861,111 at 6%; with 50% employer match about $861,111 at 4% or $574,074 at 6%; with 100% employer match about $645,833 at 4% or $430,556 at 6%.
Farina'S Incorporated Profit Sharing Plan-3$2,202,544$155,000$51,667iApproximate average salary by contribution assumption: employee only about $1,291,667 at 4% or $861,111 at 6%; with 50% employer match about $861,111 at 4% or $574,074 at 6%; with 100% employer match about $645,833 at 4% or $430,556 at 6%.
201613$1,797,369$140,300$46,767iApproximate average salary by contribution assumption: employee only about $1,169,167 at 4% or $779,444 at 6%; with 50% employer match about $779,444 at 4% or $519,630 at 6%; with 100% employer match about $584,583 at 4% or $389,722 at 6%.
Farina'S Incorporated Profit Sharing Plan-3$1,797,369$140,300$46,767iApproximate average salary by contribution assumption: employee only about $1,169,167 at 4% or $779,444 at 6%; with 50% employer match about $779,444 at 4% or $519,630 at 6%; with 100% employer match about $584,583 at 4% or $389,722 at 6%.
201513$1,589,325$151,000$50,333iApproximate average salary by contribution assumption: employee only about $1,258,333 at 4% or $838,889 at 6%; with 50% employer match about $838,889 at 4% or $559,259 at 6%; with 100% employer match about $629,167 at 4% or $419,444 at 6%.
Farina'S Incorporated Profit Sharing Plan-3$1,589,325$151,000$50,333iApproximate average salary by contribution assumption: employee only about $1,258,333 at 4% or $838,889 at 6%; with 50% employer match about $838,889 at 4% or $559,259 at 6%; with 100% employer match about $629,167 at 4% or $419,444 at 6%.
201413$1,547,079$128,600$42,867iApproximate average salary by contribution assumption: employee only about $1,071,667 at 4% or $714,444 at 6%; with 50% employer match about $714,444 at 4% or $476,296 at 6%; with 100% employer match about $535,833 at 4% or $357,222 at 6%.
Farina'S Incorporated Profit Sharing Plan-3$1,547,079$128,600$42,867iApproximate average salary by contribution assumption: employee only about $1,071,667 at 4% or $714,444 at 6%; with 50% employer match about $714,444 at 4% or $476,296 at 6%; with 100% employer match about $535,833 at 4% or $357,222 at 6%.
201313$1,406,950$102,000$34,000iApproximate average salary by contribution assumption: employee only about $850,000 at 4% or $566,667 at 6%; with 50% employer match about $566,667 at 4% or $377,778 at 6%; with 100% employer match about $425,000 at 4% or $283,333 at 6%.
Farina'S Incorporated Profit Sharing Plan-3$1,406,950$102,000$34,000iApproximate average salary by contribution assumption: employee only about $850,000 at 4% or $566,667 at 6%; with 50% employer match about $566,667 at 4% or $377,778 at 6%; with 100% employer match about $425,000 at 4% or $283,333 at 6%.
201213$1,119,046$87,000$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%.
Farina'S Incorporated Profit Sharing Plan-3$1,119,046$87,000$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%.
201113$958,104$238,500$79,500iApproximate average salary by contribution assumption: employee only about $1,987,500 at 4% or $1,325,000 at 6%; with 50% employer match about $1,325,000 at 4% or $883,333 at 6%; with 100% employer match about $993,750 at 4% or $662,500 at 6%.
Farina'S Incorporated Profit Sharing Plan-3$958,104$238,500$79,500iApproximate average salary by contribution assumption: employee only about $1,987,500 at 4% or $1,325,000 at 6%; with 50% employer match about $1,325,000 at 4% or $883,333 at 6%; with 100% employer match about $993,750 at 4% or $662,500 at 6%.
201013$863,648$31,500$10,500iApproximate average salary by contribution assumption: employee only about $262,500 at 4% or $175,000 at 6%; with 50% employer match about $175,000 at 4% or $116,667 at 6%; with 100% employer match about $131,250 at 4% or $87,500 at 6%.
Farina'S Incorporated Profit Sharing Plan-3$863,648$31,500$10,500iApproximate average salary by contribution assumption: employee only about $262,500 at 4% or $175,000 at 6%; with 50% employer match about $175,000 at 4% or $116,667 at 6%; with 100% employer match about $131,250 at 4% or $87,500 at 6%.
200913$762,308$147,000$49,000iApproximate average salary by contribution assumption: employee only about $1,225,000 at 4% or $816,667 at 6%; with 50% employer match about $816,667 at 4% or $544,444 at 6%; with 100% employer match about $612,500 at 4% or $408,333 at 6%.
Farina'S Incorporated Profit Sharing Plan-3$762,308$147,000$49,000iApproximate average salary by contribution assumption: employee only about $1,225,000 at 4% or $816,667 at 6%; with 50% employer match about $816,667 at 4% or $544,444 at 6%; with 100% employer match about $612,500 at 4% or $408,333 at 6%.
200813$558,744$0-
Farina'S Incorporated Profit Sharing Plan-3$558,744--
200713$723,611$60,000$20,000iApproximate average salary by contribution assumption: employee only about $500,000 at 4% or $333,333 at 6%; with 50% employer match about $333,333 at 4% or $222,222 at 6%; with 100% employer match about $250,000 at 4% or $166,667 at 6%.
Farina'S Incorporated Profit Sharing Plan-3$723,611$60,000$20,000iApproximate average salary by contribution assumption: employee only about $500,000 at 4% or $333,333 at 6%; with 50% employer match about $333,333 at 4% or $222,222 at 6%; with 100% employer match about $250,000 at 4% or $166,667 at 6%.
200613$620,267$60,000$20,000iApproximate average salary by contribution assumption: employee only about $500,000 at 4% or $333,333 at 6%; with 50% employer match about $333,333 at 4% or $222,222 at 6%; with 100% employer match about $250,000 at 4% or $166,667 at 6%.
Farina'S Incorporated Profit Sharing Plan-3$620,267$60,000$20,000iApproximate average salary by contribution assumption: employee only about $500,000 at 4% or $333,333 at 6%; with 50% employer match about $333,333 at 4% or $222,222 at 6%; with 100% employer match about $250,000 at 4% or $166,667 at 6%.
200513$500,929$75,825$25,275iApproximate average salary by contribution assumption: employee only about $631,875 at 4% or $421,250 at 6%; with 50% employer match about $421,250 at 4% or $280,833 at 6%; with 100% employer match about $315,938 at 4% or $210,625 at 6%.
Farina'S Incorporated Profit Sharing Plan-3$500,929$75,825$25,275iApproximate average salary by contribution assumption: employee only about $631,875 at 4% or $421,250 at 6%; with 50% employer match about $421,250 at 4% or $280,833 at 6%; with 100% employer match about $315,938 at 4% or $210,625 at 6%.
200413$441,896$26,175$8,725iApproximate average salary by contribution assumption: employee only about $218,125 at 4% or $145,417 at 6%; with 50% employer match about $145,417 at 4% or $96,944 at 6%; with 100% employer match about $109,063 at 4% or $72,708 at 6%.
Farina'S Incorporated Profit Sharing Plan-3$441,896$26,175$8,725iApproximate average salary by contribution assumption: employee only about $218,125 at 4% or $145,417 at 6%; with 50% employer match about $145,417 at 4% or $96,944 at 6%; with 100% employer match about $109,063 at 4% or $72,708 at 6%.
200313$382,054$62,700$20,900iApproximate average salary by contribution assumption: employee only about $522,500 at 4% or $348,333 at 6%; with 50% employer match about $348,333 at 4% or $232,222 at 6%; with 100% employer match about $261,250 at 4% or $174,167 at 6%.
Farina'S Incorporated Profit Sharing Plan-3$382,054$62,700$20,900iApproximate average salary by contribution assumption: employee only about $522,500 at 4% or $348,333 at 6%; with 50% employer match about $348,333 at 4% or $232,222 at 6%; with 100% employer match about $261,250 at 4% or $174,167 at 6%.
200213$267,403$3,231$1,077iApproximate average salary by contribution assumption: employee only about $26,925 at 4% or $17,950 at 6%; with 50% employer match about $17,950 at 4% or $11,967 at 6%; with 100% employer match about $13,463 at 4% or $8,975 at 6%.
Farina'S Incorporated Profit Sharing Plan-3$267,403$3,231$1,077iApproximate average salary by contribution assumption: employee only about $26,925 at 4% or $17,950 at 6%; with 50% employer match about $17,950 at 4% or $11,967 at 6%; with 100% employer match about $13,463 at 4% or $8,975 at 6%.
200113$0$0-
Farina'S Incorporated Profit Sharing Plan-3---
200014$0$0-
Farina'S Incorporated Profit Sharing Plan-4---
199914$254,990$44,584$11,146iApproximate average salary by contribution assumption: employee only about $278,650 at 4% or $185,767 at 6%; with 50% employer match about $185,767 at 4% or $123,844 at 6%; with 100% employer match about $139,325 at 4% or $92,883 at 6%.
Farina'S Incorporated Profit Sharing Plan-4$254,990$44,584$11,146iApproximate average salary by contribution assumption: employee only about $278,650 at 4% or $185,767 at 6%; with 50% employer match about $185,767 at 4% or $123,844 at 6%; with 100% employer match about $139,325 at 4% or $92,883 at 6%.