Civic Intelligence

Grassi Associates Inc.

Plan context: Grassi Associates Inc. Profit Sharing Plan

EIN 04-3015958 • Framingham, MA • 50 filings • 2 plans

5 Stanley DriveFramingham, MA 01701
Current Snapshot

Latest Year

2024

2024 Participants

4

2024 Assets

$16,566,554

2024 Contributions

$5,751,681

Historical Graphs

Total Assets Over Time

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

$16,566,554$8,283,277$0199920132024YearValue
$16,566,554Latest year 2024

Participants Over Time

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

1890199920122024YearValue
4Latest 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
202424$16,566,554$5,751,681$1,437,920iApproximate average salary by contribution assumption: employee only about $35,948,006 at 4% or $23,965,338 at 6%; with 50% employer match about $23,965,338 at 4% or $15,976,892 at 6%; with 100% employer match about $17,974,003 at 4% or $11,982,669 at 6%.
Grassi Associates Inc. Profit Sharing Plan-4$16,566,554$5,751,681$1,437,920iApproximate average salary by contribution assumption: employee only about $35,948,006 at 4% or $23,965,338 at 6%; with 50% employer match about $23,965,338 at 4% or $15,976,892 at 6%; with 100% employer match about $17,974,003 at 4% or $11,982,669 at 6%.
Grassi Associates Inc. Defined Benefit Plan-0$0$0-
202326$14,864,955$1,089,377$181,563iApproximate average salary by contribution assumption: employee only about $4,539,071 at 4% or $3,026,047 at 6%; with 50% employer match about $3,026,047 at 4% or $2,017,365 at 6%; with 100% employer match about $2,269,535 at 4% or $1,513,024 at 6%.
Grassi Associates Inc. Profit Sharing Plan-5$9,878,616$1,089,377$217,875iApproximate average salary by contribution assumption: employee only about $5,446,885 at 4% or $3,631,257 at 6%; with 50% employer match about $3,631,257 at 4% or $2,420,838 at 6%; with 100% employer match about $2,723,443 at 4% or $1,815,628 at 6%.
Grassi Associates Inc. Defined Benefit Plan-6$4,986,339$0-
202227$12,597,390$46,700$6,671iApproximate average salary by contribution assumption: employee only about $166,786 at 4% or $111,190 at 6%; with 50% employer match about $111,190 at 4% or $74,127 at 6%; with 100% employer match about $83,393 at 4% or $55,595 at 6%.
Grassi Associates Inc. Profit Sharing Plan-5$8,155,308$46,700$9,340iApproximate average salary by contribution assumption: employee only about $233,500 at 4% or $155,667 at 6%; with 50% employer match about $155,667 at 4% or $103,778 at 6%; with 100% employer match about $116,750 at 4% or $77,833 at 6%.
Grassi Associates Inc. Defined Benefit Plan-7$4,442,082$0-
202129$14,846,966$562,475$62,497iApproximate average salary by contribution assumption: employee only about $1,562,431 at 4% or $1,041,620 at 6%; with 50% employer match about $1,041,620 at 4% or $694,414 at 6%; with 100% employer match about $781,215 at 4% or $520,810 at 6%.
Grassi Associates Inc. Profit Sharing Plan-9$9,791,104$527,475$58,608iApproximate average salary by contribution assumption: employee only about $1,465,208 at 4% or $976,806 at 6%; with 50% employer match about $976,806 at 4% or $651,204 at 6%; with 100% employer match about $732,604 at 4% or $488,403 at 6%.
Grassi Associates Inc. Defined Benefit Plan-7$5,055,862$35,000$5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%.
2020210$12,606,818$155,185$15,519iApproximate average salary by contribution assumption: employee only about $387,963 at 4% or $258,642 at 6%; with 50% employer match about $258,642 at 4% or $172,428 at 6%; with 100% employer match about $193,981 at 4% or $129,321 at 6%.
Grassi Associates Inc. Profit Sharing Plan-10$8,089,716$38,469$3,847iApproximate average salary by contribution assumption: employee only about $96,173 at 4% or $64,115 at 6%; with 50% employer match about $64,115 at 4% or $42,743 at 6%; with 100% employer match about $48,086 at 4% or $32,058 at 6%.
Grassi Associates Inc. Defined Benefit Plan-7$4,517,102$116,716$16,674iApproximate average salary by contribution assumption: employee only about $416,843 at 4% or $277,895 at 6%; with 50% employer match about $277,895 at 4% or $185,263 at 6%; with 100% employer match about $208,421 at 4% or $138,948 at 6%.
2019215$11,191,925$256,490$17,099iApproximate average salary by contribution assumption: employee only about $427,483 at 4% or $284,989 at 6%; with 50% employer match about $284,989 at 4% or $189,993 at 6%; with 100% employer match about $213,742 at 4% or $142,494 at 6%.
Grassi Associates Inc. Profit Sharing Plan-15$6,852,652$111,490$7,433iApproximate average salary by contribution assumption: employee only about $185,817 at 4% or $123,878 at 6%; with 50% employer match about $123,878 at 4% or $82,585 at 6%; with 100% employer match about $92,908 at 4% or $61,939 at 6%.
Grassi Associates Inc. Defined Benefit Plan-7$4,339,273$145,000$20,714iApproximate average salary by contribution assumption: employee only about $517,857 at 4% or $345,238 at 6%; with 50% employer match about $345,238 at 4% or $230,159 at 6%; with 100% employer match about $258,929 at 4% or $172,619 at 6%.
2018217$10,451,138$696,072$40,945iApproximate average salary by contribution assumption: employee only about $1,023,635 at 4% or $682,424 at 6%; with 50% employer match about $682,424 at 4% or $454,949 at 6%; with 100% employer match about $511,818 at 4% or $341,212 at 6%.
Grassi Associates Inc. Profit Sharing Plan-17$6,895,058$496,072$29,181iApproximate average salary by contribution assumption: employee only about $729,518 at 4% or $486,345 at 6%; with 50% employer match about $486,345 at 4% or $324,230 at 6%; with 100% employer match about $364,759 at 4% or $243,173 at 6%.
Grassi Associates Inc. Defined Benefit Plan-16$3,556,080$200,000$12,500iApproximate average salary by contribution assumption: employee only about $312,500 at 4% or $208,333 at 6%; with 50% employer match about $208,333 at 4% or $138,889 at 6%; with 100% employer match about $156,250 at 4% or $104,167 at 6%.
2017218$10,451,579$713,805$39,656iApproximate average salary by contribution assumption: employee only about $991,396 at 4% or $660,931 at 6%; with 50% employer match about $660,931 at 4% or $440,620 at 6%; with 100% employer match about $495,698 at 4% or $330,465 at 6%.
Grassi Associates Inc. Profit Sharing Plan-17$6,837,683$503,805$29,636iApproximate average salary by contribution assumption: employee only about $740,890 at 4% or $493,926 at 6%; with 50% employer match about $493,926 at 4% or $329,284 at 6%; with 100% employer match about $370,445 at 4% or $246,963 at 6%.
Grassi Associates Inc. Defined Benefit Plan-18$3,613,896$210,000$11,667iApproximate average salary by contribution assumption: employee only about $291,667 at 4% or $194,444 at 6%; with 50% employer match about $194,444 at 4% or $129,630 at 6%; with 100% employer match about $145,833 at 4% or $97,222 at 6%.
2016218$8,572,255$817,000$45,389iApproximate average salary by contribution assumption: employee only about $1,134,722 at 4% or $756,481 at 6%; with 50% employer match about $756,481 at 4% or $504,321 at 6%; with 100% employer match about $567,361 at 4% or $378,241 at 6%.
Grassi Associates Inc. Profit Sharing Plan-17$5,592,513$556,000$32,706iApproximate average salary by contribution assumption: employee only about $817,647 at 4% or $545,098 at 6%; with 50% employer match about $545,098 at 4% or $363,399 at 6%; with 100% employer match about $408,824 at 4% or $272,549 at 6%.
Grassi Associates Inc. Defined Benefit Plan-18$2,979,742$261,000$14,500iApproximate average salary by contribution assumption: employee only about $362,500 at 4% or $241,667 at 6%; with 50% employer match about $241,667 at 4% or $161,111 at 6%; with 100% employer match about $181,250 at 4% or $120,833 at 6%.
2015215$7,278,258$688,359$45,891iApproximate average salary by contribution assumption: employee only about $1,147,265 at 4% or $764,843 at 6%; with 50% employer match about $764,843 at 4% or $509,896 at 6%; with 100% employer match about $573,633 at 4% or $382,422 at 6%.
Grassi Associates Inc. Profit Sharing Plan-14$4,731,695$405,359$28,954iApproximate average salary by contribution assumption: employee only about $723,855 at 4% or $482,570 at 6%; with 50% employer match about $482,570 at 4% or $321,713 at 6%; with 100% employer match about $361,928 at 4% or $241,285 at 6%.
Grassi Associates Inc. Defined Benefit Plan-15$2,546,563$283,000$18,867iApproximate average salary by contribution assumption: employee only about $471,667 at 4% or $314,444 at 6%; with 50% employer match about $314,444 at 4% or $209,630 at 6%; with 100% employer match about $235,833 at 4% or $157,222 at 6%.
2014212$6,764,339$556,906$46,409iApproximate average salary by contribution assumption: employee only about $1,160,221 at 4% or $773,481 at 6%; with 50% employer match about $773,481 at 4% or $515,654 at 6%; with 100% employer match about $580,110 at 4% or $386,740 at 6%.
Grassi Associates Inc. Profit Sharing Plan-12$4,452,792$316,906$26,409iApproximate average salary by contribution assumption: employee only about $660,221 at 4% or $440,147 at 6%; with 50% employer match about $440,147 at 4% or $293,431 at 6%; with 100% employer match about $330,110 at 4% or $220,074 at 6%.
Grassi Associates Inc. Defined Benefit Plan-12$2,311,547$240,000$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%.
2013210$5,845,540$470,654$47,065iApproximate average salary by contribution assumption: employee only about $1,176,635 at 4% or $784,423 at 6%; with 50% employer match about $784,423 at 4% or $522,949 at 6%; with 100% employer match about $588,318 at 4% or $392,212 at 6%.
Grassi Associates Inc. Profit Sharing Plan-10$3,950,499$260,273$26,027iApproximate average salary by contribution assumption: employee only about $650,683 at 4% or $433,788 at 6%; with 50% employer match about $433,788 at 4% or $289,192 at 6%; with 100% employer match about $325,341 at 4% or $216,894 at 6%.
Grassi Associates Inc. Defined Benefit Plan-9$1,895,041$210,381$23,376iApproximate average salary by contribution assumption: employee only about $584,392 at 4% or $389,594 at 6%; with 50% employer match about $389,594 at 4% or $259,730 at 6%; with 100% employer match about $292,196 at 4% or $194,797 at 6%.
2012210$4,911,345$289,092$28,909iApproximate average salary by contribution assumption: employee only about $722,730 at 4% or $481,820 at 6%; with 50% employer match about $481,820 at 4% or $321,213 at 6%; with 100% employer match about $361,365 at 4% or $240,910 at 6%.
Grassi Associates Inc. Profit Sharing Plan-10$3,405,329$209,300$20,930iApproximate average salary by contribution assumption: employee only about $523,250 at 4% or $348,833 at 6%; with 50% employer match about $348,833 at 4% or $232,556 at 6%; with 100% employer match about $261,625 at 4% or $174,417 at 6%.
Grassi Associates Inc. Defined Benefit Plan-6$1,506,016$79,792$13,299iApproximate average salary by contribution assumption: employee only about $332,467 at 4% or $221,644 at 6%; with 50% employer match about $221,644 at 4% or $147,763 at 6%; with 100% employer match about $166,233 at 4% or $110,822 at 6%.
2011210$4,259,259$305,746$30,575iApproximate average salary by contribution assumption: employee only about $764,365 at 4% or $509,577 at 6%; with 50% employer match about $509,577 at 4% or $339,718 at 6%; with 100% employer match about $382,183 at 4% or $254,788 at 6%.
Grassi Associates Inc. Profit Sharing Plan-10$2,944,085$214,840$21,484iApproximate average salary by contribution assumption: employee only about $537,100 at 4% or $358,067 at 6%; with 50% employer match about $358,067 at 4% or $238,711 at 6%; with 100% employer match about $268,550 at 4% or $179,033 at 6%.
Grassi Associates Inc. Defined Benefit Plan-6$1,315,174$90,906$15,151iApproximate average salary by contribution assumption: employee only about $378,775 at 4% or $252,517 at 6%; with 50% employer match about $252,517 at 4% or $168,344 at 6%; with 100% employer match about $189,388 at 4% or $126,258 at 6%.
201028$4,016,109$255,754$31,969iApproximate average salary by contribution assumption: employee only about $799,231 at 4% or $532,821 at 6%; with 50% employer match about $532,821 at 4% or $355,214 at 6%; with 100% employer match about $399,616 at 4% or $266,410 at 6%.
Grassi Associates Inc. Profit Sharing Plan-8$2,772,384$188,500$23,563iApproximate average salary by contribution assumption: employee only about $589,063 at 4% or $392,708 at 6%; with 50% employer match about $392,708 at 4% or $261,806 at 6%; with 100% employer match about $294,531 at 4% or $196,354 at 6%.
Grassi Associates Inc. Defined Benefit Plan-7$1,243,725$67,254$9,608iApproximate average salary by contribution assumption: employee only about $240,193 at 4% or $160,129 at 6%; with 50% employer match about $160,129 at 4% or $106,752 at 6%; with 100% employer match about $120,096 at 4% or $80,064 at 6%.
200928$3,338,769$378,856$47,357iApproximate average salary by contribution assumption: employee only about $1,183,925 at 4% or $789,283 at 6%; with 50% employer match about $789,283 at 4% or $526,189 at 6%; with 100% employer match about $591,963 at 4% or $394,642 at 6%.
Grassi Associates Inc. Profit Sharing Plan-8$2,293,645$175,224$21,903iApproximate average salary by contribution assumption: employee only about $547,575 at 4% or $365,050 at 6%; with 50% employer match about $365,050 at 4% or $243,367 at 6%; with 100% employer match about $273,788 at 4% or $182,525 at 6%.
Grassi Associates Inc. Defined Benefit Plan-8$1,045,124$203,632$25,454iApproximate average salary by contribution assumption: employee only about $636,350 at 4% or $424,233 at 6%; with 50% employer match about $424,233 at 4% or $282,822 at 6%; with 100% employer match about $318,175 at 4% or $212,117 at 6%.
200827$2,408,417$176,876$25,268iApproximate average salary by contribution assumption: employee only about $631,700 at 4% or $421,133 at 6%; with 50% employer match about $421,133 at 4% or $280,756 at 6%; with 100% employer match about $315,850 at 4% or $210,567 at 6%.
Grassi Associates Inc. Profit Sharing Plan-7$1,722,394$176,876$25,268iApproximate average salary by contribution assumption: employee only about $631,700 at 4% or $421,133 at 6%; with 50% employer match about $421,133 at 4% or $280,756 at 6%; with 100% employer match about $315,850 at 4% or $210,567 at 6%.
Grassi Associates Inc. Defined Benefit Plan-7$686,023--
200727$2,252,914$177,979$25,426iApproximate average salary by contribution assumption: employee only about $635,639 at 4% or $423,760 at 6%; with 50% employer match about $423,760 at 4% or $282,506 at 6%; with 100% employer match about $317,820 at 4% or $211,880 at 6%.
Grassi Associates Inc. Profit Sharing Plan-7$2,252,914$177,979$25,426iApproximate average salary by contribution assumption: employee only about $635,639 at 4% or $423,760 at 6%; with 50% employer match about $423,760 at 4% or $282,506 at 6%; with 100% employer match about $317,820 at 4% or $211,880 at 6%.
Grassi Associates Inc. Defined Benefit Plan-7---
200627$2,677,753$448,278$64,040iApproximate average salary by contribution assumption: employee only about $1,600,993 at 4% or $1,067,329 at 6%; with 50% employer match about $1,067,329 at 4% or $711,552 at 6%; with 100% employer match about $800,496 at 4% or $533,664 at 6%.
Grassi Associates Inc. Profit Sharing Plan-7$1,838,869$45,936$6,562iApproximate average salary by contribution assumption: employee only about $164,057 at 4% or $109,371 at 6%; with 50% employer match about $109,371 at 4% or $72,914 at 6%; with 100% employer match about $82,029 at 4% or $54,686 at 6%.
Grassi Associates Inc. Defined Benefit Plan-6$838,884$402,342$67,057iApproximate average salary by contribution assumption: employee only about $1,676,425 at 4% or $1,117,617 at 6%; with 50% employer match about $1,117,617 at 4% or $745,078 at 6%; with 100% employer match about $838,213 at 4% or $558,808 at 6%.
200525$2,013,359$204,665$40,933iApproximate average salary by contribution assumption: employee only about $1,023,325 at 4% or $682,217 at 6%; with 50% employer match about $682,217 at 4% or $454,811 at 6%; with 100% employer match about $511,663 at 4% or $341,108 at 6%.
Grassi Associates Inc. Profit Sharing Plan-5$1,623,045$134,372$26,874iApproximate average salary by contribution assumption: employee only about $671,860 at 4% or $447,907 at 6%; with 50% employer match about $447,907 at 4% or $298,604 at 6%; with 100% employer match about $335,930 at 4% or $223,953 at 6%.
Grassi Associates Inc. Defined Benefit Plan-5$390,314$70,293$14,059iApproximate average salary by contribution assumption: employee only about $351,465 at 4% or $234,310 at 6%; with 50% employer match about $234,310 at 4% or $156,207 at 6%; with 100% employer match about $175,733 at 4% or $117,155 at 6%.
200425$1,337,113$127,068$25,414iApproximate average salary by contribution assumption: employee only about $635,340 at 4% or $423,560 at 6%; with 50% employer match about $423,560 at 4% or $282,373 at 6%; with 100% employer match about $317,670 at 4% or $211,780 at 6%.
Grassi Associates Inc. Profit Sharing Plan-5$1,337,113$127,068$25,414iApproximate average salary by contribution assumption: employee only about $635,340 at 4% or $423,560 at 6%; with 50% employer match about $423,560 at 4% or $282,373 at 6%; with 100% employer match about $317,670 at 4% or $211,780 at 6%.
Grassi Associates Inc. Defined Benefit Plan-5---
200326$0$0-
Grassi Associates Inc. Profit Sharing Plan-6---
Grassi Associates Inc. Defined Benefit Plan-6---
200226$1,015,987$175,583$29,264iApproximate average salary by contribution assumption: employee only about $731,596 at 4% or $487,731 at 6%; with 50% employer match about $487,731 at 4% or $325,154 at 6%; with 100% employer match about $365,798 at 4% or $243,865 at 6%.
Grassi Associates Inc. Profit Sharing Plan-6$890,596$108,504$18,084iApproximate average salary by contribution assumption: employee only about $452,100 at 4% or $301,400 at 6%; with 50% employer match about $301,400 at 4% or $200,933 at 6%; with 100% employer match about $226,050 at 4% or $150,700 at 6%.
Grassi Associates Inc. Defined Benefit Plan-6$125,391$67,079$11,180iApproximate average salary by contribution assumption: employee only about $279,496 at 4% or $186,331 at 6%; with 50% employer match about $186,331 at 4% or $124,220 at 6%; with 100% employer match about $139,748 at 4% or $93,165 at 6%.
200125$0$0-
Grassi Associates Inc. Profit Sharing Plan-5---
Grassi Associates Inc. Defined Benefit Plan-5---
200014$0$0-
Grassi Associates Inc. Profit Sharing Plan-4---
199913$952,104$62,937$20,979iApproximate average salary by contribution assumption: employee only about $524,475 at 4% or $349,650 at 6%; with 50% employer match about $349,650 at 4% or $233,100 at 6%; with 100% employer match about $262,238 at 4% or $174,825 at 6%.
Grassi Associates Inc. Profit Sharing Plan-3$952,104$62,937$20,979iApproximate average salary by contribution assumption: employee only about $524,475 at 4% or $349,650 at 6%; with 50% employer match about $349,650 at 4% or $233,100 at 6%; with 100% employer match about $262,238 at 4% or $174,825 at 6%.