Civic Intelligence

KORTEC, Inc.

Plan context: Kortec Inc. 401K Plan

EIN 04-3305017 • Rowley, MA • 16 filings • 1 plans

428 Newburyport TurnpikeRowley, MA 01969
Current Snapshot

Latest Year

2014

2014 Participants

36

2014 Assets

$4,686,082

2014 Contributions

$385,007

Historical Graphs

Total Assets Over Time

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

$4,686,082$2,343,041$0199920082014YearValue
$4,686,082Latest year 2014

Participants Over Time

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

42210199920072014YearValue
36Latest year 2014

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
2014136$4,686,082$385,007$10,695iApproximate average salary by contribution assumption: employee only about $267,366 at 4% or $178,244 at 6%; with 50% employer match about $178,244 at 4% or $118,829 at 6%; with 100% employer match about $133,683 at 4% or $89,122 at 6%.
Kortec Inc. 401K Plan-36$4,686,082$385,007$10,695iApproximate average salary by contribution assumption: employee only about $267,366 at 4% or $178,244 at 6%; with 50% employer match about $178,244 at 4% or $118,829 at 6%; with 100% employer match about $133,683 at 4% or $89,122 at 6%.
2013138$4,380,458$333,561$8,778iApproximate average salary by contribution assumption: employee only about $219,448 at 4% or $146,299 at 6%; with 50% employer match about $146,299 at 4% or $97,532 at 6%; with 100% employer match about $109,724 at 4% or $73,149 at 6%.
Kortec Inc. 401K Plan-38$4,380,458$333,561$8,778iApproximate average salary by contribution assumption: employee only about $219,448 at 4% or $146,299 at 6%; with 50% employer match about $146,299 at 4% or $97,532 at 6%; with 100% employer match about $109,724 at 4% or $73,149 at 6%.
2012142$3,572,787$336,795$8,019iApproximate average salary by contribution assumption: employee only about $200,473 at 4% or $133,649 at 6%; with 50% employer match about $133,649 at 4% or $89,099 at 6%; with 100% employer match about $100,237 at 4% or $66,824 at 6%.
Kortec Inc. 401K Plan-42$3,572,787$336,795$8,019iApproximate average salary by contribution assumption: employee only about $200,473 at 4% or $133,649 at 6%; with 50% employer match about $133,649 at 4% or $89,099 at 6%; with 100% employer match about $100,237 at 4% or $66,824 at 6%.
2011139$2,934,379$503,303$12,905iApproximate average salary by contribution assumption: employee only about $322,630 at 4% or $215,087 at 6%; with 50% employer match about $215,087 at 4% or $143,391 at 6%; with 100% employer match about $161,315 at 4% or $107,543 at 6%.
Kortec Inc. 401K Plan-39$2,934,379$503,303$12,905iApproximate average salary by contribution assumption: employee only about $322,630 at 4% or $215,087 at 6%; with 50% employer match about $215,087 at 4% or $143,391 at 6%; with 100% employer match about $161,315 at 4% or $107,543 at 6%.
2010132$2,494,942$269,189$8,412iApproximate average salary by contribution assumption: employee only about $210,304 at 4% or $140,203 at 6%; with 50% employer match about $140,203 at 4% or $93,468 at 6%; with 100% employer match about $105,152 at 4% or $70,101 at 6%.
Kortec Inc. 401K Plan-32$2,494,942$269,189$8,412iApproximate average salary by contribution assumption: employee only about $210,304 at 4% or $140,203 at 6%; with 50% employer match about $140,203 at 4% or $93,468 at 6%; with 100% employer match about $105,152 at 4% or $70,101 at 6%.
2009124$2,071,922$254,427$10,601iApproximate average salary by contribution assumption: employee only about $265,028 at 4% or $176,685 at 6%; with 50% employer match about $176,685 at 4% or $117,790 at 6%; with 100% employer match about $132,514 at 4% or $88,343 at 6%.
Kortec Inc. 401K Plan-24$2,071,922$254,427$10,601iApproximate average salary by contribution assumption: employee only about $265,028 at 4% or $176,685 at 6%; with 50% employer match about $176,685 at 4% or $117,790 at 6%; with 100% employer match about $132,514 at 4% or $88,343 at 6%.
2008123$1,586,313$264,418$11,496iApproximate average salary by contribution assumption: employee only about $287,411 at 4% or $191,607 at 6%; with 50% employer match about $191,607 at 4% or $127,738 at 6%; with 100% employer match about $143,705 at 4% or $95,804 at 6%.
Kortec Inc. 401K Plan-23$1,586,313$264,418$11,496iApproximate average salary by contribution assumption: employee only about $287,411 at 4% or $191,607 at 6%; with 50% employer match about $191,607 at 4% or $127,738 at 6%; with 100% employer match about $143,705 at 4% or $95,804 at 6%.
2007118$0$0-
Kortec Inc. 401K Plan-18---
2006120$1,471,620$140,561$7,028iApproximate average salary by contribution assumption: employee only about $175,701 at 4% or $117,134 at 6%; with 50% employer match about $117,134 at 4% or $78,089 at 6%; with 100% employer match about $87,851 at 4% or $58,567 at 6%.
Kortec Inc. 401K Plan-20$1,471,620$140,561$7,028iApproximate average salary by contribution assumption: employee only about $175,701 at 4% or $117,134 at 6%; with 50% employer match about $117,134 at 4% or $78,089 at 6%; with 100% employer match about $87,851 at 4% or $58,567 at 6%.
2005124$1,186,503$274,876$11,453iApproximate average salary by contribution assumption: employee only about $286,329 at 4% or $190,886 at 6%; with 50% employer match about $190,886 at 4% or $127,257 at 6%; with 100% employer match about $143,165 at 4% or $95,443 at 6%.
Kortec Inc. 401K Plan-24$1,186,503$274,876$11,453iApproximate average salary by contribution assumption: employee only about $286,329 at 4% or $190,886 at 6%; with 50% employer match about $190,886 at 4% or $127,257 at 6%; with 100% employer match about $143,165 at 4% or $95,443 at 6%.
2004135$944,947$320,680$9,162iApproximate average salary by contribution assumption: employee only about $229,057 at 4% or $152,705 at 6%; with 50% employer match about $152,705 at 4% or $101,803 at 6%; with 100% employer match about $114,529 at 4% or $76,352 at 6%.
Kortec Inc. 401K Plan-35$944,947$320,680$9,162iApproximate average salary by contribution assumption: employee only about $229,057 at 4% or $152,705 at 6%; with 50% employer match about $152,705 at 4% or $101,803 at 6%; with 100% employer match about $114,529 at 4% or $76,352 at 6%.
2003133$600,620$188,108$5,700iApproximate average salary by contribution assumption: employee only about $142,506 at 4% or $95,004 at 6%; with 50% employer match about $95,004 at 4% or $63,336 at 6%; with 100% employer match about $71,253 at 4% or $47,502 at 6%.
Kortec Inc. 401K Plan-33$600,620$188,108$5,700iApproximate average salary by contribution assumption: employee only about $142,506 at 4% or $95,004 at 6%; with 50% employer match about $95,004 at 4% or $63,336 at 6%; with 100% employer match about $71,253 at 4% or $47,502 at 6%.
2002128$330,492$117,753$4,205iApproximate average salary by contribution assumption: employee only about $105,137 at 4% or $70,091 at 6%; with 50% employer match about $70,091 at 4% or $46,727 at 6%; with 100% employer match about $52,568 at 4% or $35,046 at 6%.
Kortec Inc. 401K Plan-28$330,492$117,753$4,205iApproximate average salary by contribution assumption: employee only about $105,137 at 4% or $70,091 at 6%; with 50% employer match about $70,091 at 4% or $46,727 at 6%; with 100% employer match about $52,568 at 4% or $35,046 at 6%.
2001118$0$0-
Kortec Inc. 401K Plan-18---
2000114$223,166$64,303$4,593iApproximate average salary by contribution assumption: employee only about $114,827 at 4% or $76,551 at 6%; with 50% employer match about $76,551 at 4% or $51,034 at 6%; with 100% employer match about $57,413 at 4% or $38,276 at 6%.
Kortec Inc. 401K Plan-14$223,166$64,303$4,593iApproximate average salary by contribution assumption: employee only about $114,827 at 4% or $76,551 at 6%; with 50% employer match about $76,551 at 4% or $51,034 at 6%; with 100% employer match about $57,413 at 4% or $38,276 at 6%.
199919$225,658$214,591$23,843iApproximate average salary by contribution assumption: employee only about $596,086 at 4% or $397,391 at 6%; with 50% employer match about $397,391 at 4% or $264,927 at 6%; with 100% employer match about $298,043 at 4% or $198,695 at 6%.
Kortec Inc. 401K Plan-9$225,658$214,591$23,843iApproximate average salary by contribution assumption: employee only about $596,086 at 4% or $397,391 at 6%; with 50% employer match about $397,391 at 4% or $264,927 at 6%; with 100% employer match about $298,043 at 4% or $198,695 at 6%.