Civic Intelligence

The Phone Company

Plan context: Phone Company Inc. Retirement Plan

EIN 04-2698675 • Salem, MA • 6 filings • 1 plans

37 Warren StreetSalem, MA 01970
Current Snapshot

Latest Year

2019

2019 Participants

3

2019 Assets

$1,472,299

2019 Contributions

$250,000

Historical Graphs

Total Assets Over Time

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

$1,472,299$736,150$0201420162018YearValue
$1,472,299Latest year 2018

Participants Over Time

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

320201420162018YearValue
3Latest year 2018

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
201910$0$0-
Phone Company Inc. Retirement Plan-0$0--
201813$1,472,299$0-
Phone Company Inc. Retirement Plan-3$1,472,299--
201713$1,461,301$250,000$83,333iApproximate average salary by contribution assumption: employee only about $2,083,333 at 4% or $1,388,889 at 6%; with 50% employer match about $1,388,889 at 4% or $925,926 at 6%; with 100% employer match about $1,041,667 at 4% or $694,444 at 6%.
Phone Company Inc. Retirement Plan-3$1,461,301$250,000$83,333iApproximate average salary by contribution assumption: employee only about $2,083,333 at 4% or $1,388,889 at 6%; with 50% employer match about $1,388,889 at 4% or $925,926 at 6%; with 100% employer match about $1,041,667 at 4% or $694,444 at 6%.
201613$1,201,113$350,000$116,667iApproximate average salary by contribution assumption: employee only about $2,916,667 at 4% or $1,944,444 at 6%; with 50% employer match about $1,944,444 at 4% or $1,296,296 at 6%; with 100% employer match about $1,458,333 at 4% or $972,222 at 6%.
Phone Company Inc. Retirement Plan-3$1,201,113$350,000$116,667iApproximate average salary by contribution assumption: employee only about $2,916,667 at 4% or $1,944,444 at 6%; with 50% employer match about $1,944,444 at 4% or $1,296,296 at 6%; with 100% employer match about $1,458,333 at 4% or $972,222 at 6%.
201513$851,017$350,000$116,667iApproximate average salary by contribution assumption: employee only about $2,916,667 at 4% or $1,944,444 at 6%; with 50% employer match about $1,944,444 at 4% or $1,296,296 at 6%; with 100% employer match about $1,458,333 at 4% or $972,222 at 6%.
Phone Company Inc. Retirement Plan-3$851,017$350,000$116,667iApproximate average salary by contribution assumption: employee only about $2,916,667 at 4% or $1,944,444 at 6%; with 50% employer match about $1,944,444 at 4% or $1,296,296 at 6%; with 100% employer match about $1,458,333 at 4% or $972,222 at 6%.
201412$501,000$501,000$250,500iApproximate average salary by contribution assumption: employee only about $6,262,500 at 4% or $4,175,000 at 6%; with 50% employer match about $4,175,000 at 4% or $2,783,333 at 6%; with 100% employer match about $3,131,250 at 4% or $2,087,500 at 6%.
Phone Company Inc. Retirement Plan-2$501,000$501,000$250,500iApproximate average salary by contribution assumption: employee only about $6,262,500 at 4% or $4,175,000 at 6%; with 50% employer match about $4,175,000 at 4% or $2,783,333 at 6%; with 100% employer match about $3,131,250 at 4% or $2,087,500 at 6%.