Civic Intelligence

Michael J. Powers

Plan context: Michael J. Powers 401(K) Profit Sharing Plan

EIN 04-3510291 • Gloucester, MA • 12 filings • 3 plans

26 Dale AvenueGloucester, MA 01930
Current Snapshot

Latest Year

2024

2024 Participants

9

2024 Assets

$689,132

2024 Contributions

$60,754

Historical Graphs

Total Assets Over Time

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

$1,282,693$641,347$0201320192024YearValue
$689,132Latest year 2024

Participants Over Time

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

1580201320192024YearValue
9Latest 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
202419$689,132$60,754$6,750iApproximate average salary by contribution assumption: employee only about $168,761 at 4% or $112,507 at 6%; with 50% employer match about $112,507 at 4% or $75,005 at 6%; with 100% employer match about $84,381 at 4% or $56,254 at 6%.
Michael J. Powers 401(K) Profit Sharing Plan-9$689,132$60,754$6,750iApproximate average salary by contribution assumption: employee only about $168,761 at 4% or $112,507 at 6%; with 50% employer match about $112,507 at 4% or $75,005 at 6%; with 100% employer match about $84,381 at 4% or $56,254 at 6%.
202319$1,282,693$52,398$5,822iApproximate average salary by contribution assumption: employee only about $145,550 at 4% or $97,033 at 6%; with 50% employer match about $97,033 at 4% or $64,689 at 6%; with 100% employer match about $72,775 at 4% or $48,517 at 6%.
Michael J. Powers 401(K) Profit Sharing Plan-9$1,282,693$52,398$5,822iApproximate average salary by contribution assumption: employee only about $145,550 at 4% or $97,033 at 6%; with 50% employer match about $97,033 at 4% or $64,689 at 6%; with 100% employer match about $72,775 at 4% or $48,517 at 6%.
202219$1,056,147$51,269$5,697iApproximate average salary by contribution assumption: employee only about $142,414 at 4% or $94,943 at 6%; with 50% employer match about $94,943 at 4% or $63,295 at 6%; with 100% employer match about $71,207 at 4% or $47,471 at 6%.
Michael J. Powers 401(K) Profit Sharing Plan-9$1,056,147$51,269$5,697iApproximate average salary by contribution assumption: employee only about $142,414 at 4% or $94,943 at 6%; with 50% employer match about $94,943 at 4% or $63,295 at 6%; with 100% employer match about $71,207 at 4% or $47,471 at 6%.
202119$1,267,390$48,995$5,444iApproximate average salary by contribution assumption: employee only about $136,097 at 4% or $90,731 at 6%; with 50% employer match about $90,731 at 4% or $60,488 at 6%; with 100% employer match about $68,049 at 4% or $45,366 at 6%.
Michael J. Powers 401(K) Profit Sharing Plan-9$1,267,390$48,995$5,444iApproximate average salary by contribution assumption: employee only about $136,097 at 4% or $90,731 at 6%; with 50% employer match about $90,731 at 4% or $60,488 at 6%; with 100% employer match about $68,049 at 4% or $45,366 at 6%.
202019$1,161,886$55,364$6,152iApproximate average salary by contribution assumption: employee only about $153,789 at 4% or $102,526 at 6%; with 50% employer match about $102,526 at 4% or $68,351 at 6%; with 100% employer match about $76,894 at 4% or $51,263 at 6%.
Michael J. Powers 401(K) Profit Sharing Plan-9$1,161,886$55,364$6,152iApproximate average salary by contribution assumption: employee only about $153,789 at 4% or $102,526 at 6%; with 50% employer match about $102,526 at 4% or $68,351 at 6%; with 100% employer match about $76,894 at 4% or $51,263 at 6%.
201919$996,983$22,621$2,513iApproximate average salary by contribution assumption: employee only about $62,836 at 4% or $41,891 at 6%; with 50% employer match about $41,891 at 4% or $27,927 at 6%; with 100% employer match about $31,418 at 4% or $20,945 at 6%.
Michael J. Powers 401(K) Profit Sharing Plan-9$996,983$22,621$2,513iApproximate average salary by contribution assumption: employee only about $62,836 at 4% or $41,891 at 6%; with 50% employer match about $41,891 at 4% or $27,927 at 6%; with 100% employer match about $31,418 at 4% or $20,945 at 6%.
2017115$817,766$91,410$6,094iApproximate average salary by contribution assumption: employee only about $152,350 at 4% or $101,567 at 6%; with 50% employer match about $101,567 at 4% or $67,711 at 6%; with 100% employer match about $76,175 at 4% or $50,783 at 6%.
Michael J. Powers 401(K) Profit Sharing Plan-15$817,766$91,410$6,094iApproximate average salary by contribution assumption: employee only about $152,350 at 4% or $101,567 at 6%; with 50% employer match about $101,567 at 4% or $67,711 at 6%; with 100% employer match about $76,175 at 4% or $50,783 at 6%.
2016215$616,090$114,679$7,645iApproximate average salary by contribution assumption: employee only about $191,132 at 4% or $127,421 at 6%; with 50% employer match about $127,421 at 4% or $84,947 at 6%; with 100% employer match about $95,566 at 4% or $63,711 at 6%.
Michael J. Powers 401(K) Profit Sharing Plan-15$583,066$84,337$5,622iApproximate average salary by contribution assumption: employee only about $140,562 at 4% or $93,708 at 6%; with 50% employer match about $93,708 at 4% or $62,472 at 6%; with 100% employer match about $70,281 at 4% or $46,854 at 6%.
Michael J. Powers 401(K) Profit Sharing Plan-7$33,024$30,342$4,335iApproximate average salary by contribution assumption: employee only about $108,364 at 4% or $72,243 at 6%; with 50% employer match about $72,243 at 4% or $48,162 at 6%; with 100% employer match about $54,182 at 4% or $36,121 at 6%.
2015114$506,944$84,625$6,045iApproximate average salary by contribution assumption: employee only about $151,116 at 4% or $100,744 at 6%; with 50% employer match about $100,744 at 4% or $67,163 at 6%; with 100% employer match about $75,558 at 4% or $50,372 at 6%.
Michael J. Powers 401(K) Profit Sharing Plan-14$506,944$84,625$6,045iApproximate average salary by contribution assumption: employee only about $151,116 at 4% or $100,744 at 6%; with 50% employer match about $100,744 at 4% or $67,163 at 6%; with 100% employer match about $75,558 at 4% or $50,372 at 6%.
2014111$435,300$94,713$8,610iApproximate average salary by contribution assumption: employee only about $215,257 at 4% or $143,505 at 6%; with 50% employer match about $143,505 at 4% or $95,670 at 6%; with 100% employer match about $107,628 at 4% or $71,752 at 6%.
Michael J. Powers 401(K) Profit Sharing Plan-11$435,300$94,713$8,610iApproximate average salary by contribution assumption: employee only about $215,257 at 4% or $143,505 at 6%; with 50% employer match about $143,505 at 4% or $95,670 at 6%; with 100% employer match about $107,628 at 4% or $71,752 at 6%.
2013110$335,433$69,928$6,993iApproximate average salary by contribution assumption: employee only about $174,820 at 4% or $116,547 at 6%; with 50% employer match about $116,547 at 4% or $77,698 at 6%; with 100% employer match about $87,410 at 4% or $58,273 at 6%.
Michael J. Powers 401(K) Profit Sharing Plan-10$335,433$69,928$6,993iApproximate average salary by contribution assumption: employee only about $174,820 at 4% or $116,547 at 6%; with 50% employer match about $116,547 at 4% or $77,698 at 6%; with 100% employer match about $87,410 at 4% or $58,273 at 6%.