Convergent Networks Inc
Plan context: Convergent Networks Inc 401K Profit Sharing Plan & Trust
EIN 04-3420240 • 3 filings • 2 plans
Current Snapshot
Latest Year
2001
2001 Participants
285
2001 Assets
$3,418,569
2001 Contributions
$2,032,739
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2001 | 1 | 285 | $3,418,569 | $2,032,739 | $7,132iApproximate average salary by contribution assumption: employee only about $178,310 at 4% or $118,874 at 6%; with 50% employer match about $118,874 at 4% or $79,249 at 6%; with 100% employer match about $89,155 at 4% or $59,437 at 6%. |
| Convergent Networks Inc 401K Profit Sharing Plan & Trust | - | 285 | $3,418,569 | $2,032,739 | $7,132iApproximate average salary by contribution assumption: employee only about $178,310 at 4% or $118,874 at 6%; with 50% employer match about $118,874 at 4% or $79,249 at 6%; with 100% employer match about $89,155 at 4% or $59,437 at 6%. |
| 2000 | 1 | 247 | $1,355,766 | $840,304 | $3,402iApproximate average salary by contribution assumption: employee only about $85,051 at 4% or $56,701 at 6%; with 50% employer match about $56,701 at 4% or $37,800 at 6%; with 100% employer match about $42,526 at 4% or $28,350 at 6%. |
| Convergent Networks Inc 401K Profit Sharing Plan & Trust | - | 247 | $1,355,766 | $840,304 | $3,402iApproximate average salary by contribution assumption: employee only about $85,051 at 4% or $56,701 at 6%; with 50% employer match about $56,701 at 4% or $37,800 at 6%; with 100% employer match about $42,526 at 4% or $28,350 at 6%. |
| 1999 | 1 | 89 | $686,764 | $576,310 | $6,475iApproximate average salary by contribution assumption: employee only about $161,885 at 4% or $107,923 at 6%; with 50% employer match about $107,923 at 4% or $71,949 at 6%; with 100% employer match about $80,942 at 4% or $53,962 at 6%. |
| Convergent Networks Inc 401K Profit Sharing Plan & Trust | - | 89 | $686,764 | $576,310 | $6,475iApproximate average salary by contribution assumption: employee only about $161,885 at 4% or $107,923 at 6%; with 50% employer match about $107,923 at 4% or $71,949 at 6%; with 100% employer match about $80,942 at 4% or $53,962 at 6%. |