Civic Intelligence

Fasano Corporation Inc.

Plan context: Fasano Corporation Profit Sharing Plan

EIN 05-0350601 • Cranston, RI • 33 filings • 4 plans

333 Wellington AvenueCranston, RI 02910
Current Snapshot

Latest Year

2024

2024 Participants

9

2024 Assets

$1,955,028

2024 Contributions

$327,827

Historical Graphs

Total Assets Over Time

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

$1,955,028$977,514$0200020132024YearValue
$1,955,028Latest year 2024

Participants Over Time

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

950200020122024YearValue
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
202429$1,955,028$327,827$36,425iApproximate average salary by contribution assumption: employee only about $910,631 at 4% or $607,087 at 6%; with 50% employer match about $607,087 at 4% or $404,725 at 6%; with 100% employer match about $455,315 at 4% or $303,544 at 6%.
Fasano Corporation Profit Sharing Plan-9$1,671,634$167,827$18,647iApproximate average salary by contribution assumption: employee only about $466,186 at 4% or $310,791 at 6%; with 50% employer match about $310,791 at 4% or $207,194 at 6%; with 100% employer match about $233,093 at 4% or $155,395 at 6%.
Fasano Corporation Cash Balance Plan-8$283,394$160,000$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%.
202327$1,645,308$391,705$55,958iApproximate average salary by contribution assumption: employee only about $1,398,946 at 4% or $932,631 at 6%; with 50% employer match about $932,631 at 4% or $621,754 at 6%; with 100% employer match about $699,473 at 4% or $466,315 at 6%.
Fasano Corporation Profit Sharing Plan-7$1,375,357$156,705$22,386iApproximate average salary by contribution assumption: employee only about $559,661 at 4% or $373,107 at 6%; with 50% employer match about $373,107 at 4% or $248,738 at 6%; with 100% employer match about $279,830 at 4% or $186,554 at 6%.
Fasano Corporation Cash Balance Plan-6$269,951$235,000$39,167iApproximate average salary by contribution assumption: employee only about $979,167 at 4% or $652,778 at 6%; with 50% employer match about $652,778 at 4% or $435,185 at 6%; with 100% employer match about $489,583 at 4% or $326,389 at 6%.
202226$1,265,845$294,452$49,075iApproximate average salary by contribution assumption: employee only about $1,226,883 at 4% or $817,922 at 6%; with 50% employer match about $817,922 at 4% or $545,281 at 6%; with 100% employer match about $613,442 at 4% or $408,961 at 6%.
Fasano Corporation Profit Sharing Plan-6$1,074,437$129,452$21,575iApproximate average salary by contribution assumption: employee only about $539,383 at 4% or $359,589 at 6%; with 50% employer match about $359,589 at 4% or $239,726 at 6%; with 100% employer match about $269,692 at 4% or $179,794 at 6%.
Fasano Corporation Cash Balance Plan-5$191,408$165,000$33,000iApproximate average salary by contribution assumption: employee only about $825,000 at 4% or $550,000 at 6%; with 50% employer match about $550,000 at 4% or $366,667 at 6%; with 100% employer match about $412,500 at 4% or $275,000 at 6%.
202126$1,551,719$279,040$46,507iApproximate average salary by contribution assumption: employee only about $1,162,667 at 4% or $775,111 at 6%; with 50% employer match about $775,111 at 4% or $516,741 at 6%; with 100% employer match about $581,333 at 4% or $387,556 at 6%.
Fasano Corporation Profit Sharing Plan-6$1,165,584$119,040$19,840iApproximate average salary by contribution assumption: employee only about $496,000 at 4% or $330,667 at 6%; with 50% employer match about $330,667 at 4% or $220,444 at 6%; with 100% employer match about $248,000 at 4% or $165,333 at 6%.
Fasano Corporation Cash Balance Plan-5$386,135$160,000$32,000iApproximate average salary by contribution assumption: employee only about $800,000 at 4% or $533,333 at 6%; with 50% employer match about $533,333 at 4% or $355,556 at 6%; with 100% employer match about $400,000 at 4% or $266,667 at 6%.
202026$1,524,717$293,942$48,990iApproximate average salary by contribution assumption: employee only about $1,224,758 at 4% or $816,506 at 6%; with 50% employer match about $816,506 at 4% or $544,337 at 6%; with 100% employer match about $612,379 at 4% or $408,253 at 6%.
Fasano Corporation Profit Sharing Plan-6$961,252$127,442$21,240iApproximate average salary by contribution assumption: employee only about $531,008 at 4% or $354,006 at 6%; with 50% employer match about $354,006 at 4% or $236,004 at 6%; with 100% employer match about $265,504 at 4% or $177,003 at 6%.
Fasano Corporation Cash Balance Plan-5$563,465$166,500$33,300iApproximate average salary by contribution assumption: employee only about $832,500 at 4% or $555,000 at 6%; with 50% employer match about $555,000 at 4% or $370,000 at 6%; with 100% employer match about $416,250 at 4% or $277,500 at 6%.
201925$1,094,076$295,723$59,145iApproximate average salary by contribution assumption: employee only about $1,478,615 at 4% or $985,743 at 6%; with 50% employer match about $985,743 at 4% or $657,162 at 6%; with 100% employer match about $739,308 at 4% or $492,872 at 6%.
Fasano Corporation Profit Sharing Plan-5$747,612$127,723$25,545iApproximate average salary by contribution assumption: employee only about $638,615 at 4% or $425,743 at 6%; with 50% employer match about $425,743 at 4% or $283,829 at 6%; with 100% employer match about $319,308 at 4% or $212,872 at 6%.
Fasano Corporation Cash Balance Plan-5$346,464$168,000$33,600iApproximate average salary by contribution assumption: employee only about $840,000 at 4% or $560,000 at 6%; with 50% employer match about $560,000 at 4% or $373,333 at 6%; with 100% employer match about $420,000 at 4% or $280,000 at 6%.
201836$879,892$434,078$72,346iApproximate average salary by contribution assumption: employee only about $1,808,658 at 4% or $1,205,772 at 6%; with 50% employer match about $1,205,772 at 4% or $803,848 at 6%; with 100% employer match about $904,329 at 4% or $602,886 at 6%.
Fasano Corporation Profit Sharing Plan-6$544,892$99,078$16,513iApproximate average salary by contribution assumption: employee only about $412,825 at 4% or $275,217 at 6%; with 50% employer match about $275,217 at 4% or $183,478 at 6%; with 100% employer match about $206,413 at 4% or $137,608 at 6%.
Fasano Corporation Cash Balance Plan-5$168,500$168,500$33,700iApproximate average salary by contribution assumption: employee only about $842,500 at 4% or $561,667 at 6%; with 50% employer match about $561,667 at 4% or $374,444 at 6%; with 100% employer match about $421,250 at 4% or $280,833 at 6%.
Fasano Corporation Cash Balance Plan-5$166,500$166,500$33,300iApproximate average salary by contribution assumption: employee only about $832,500 at 4% or $555,000 at 6%; with 50% employer match about $555,000 at 4% or $370,000 at 6%; with 100% employer match about $416,250 at 4% or $277,500 at 6%.
201715$481,046$38,324$7,665iApproximate average salary by contribution assumption: employee only about $191,620 at 4% or $127,747 at 6%; with 50% employer match about $127,747 at 4% or $85,164 at 6%; with 100% employer match about $95,810 at 4% or $63,873 at 6%.
Fasano Corporation Profit Sharing Plan-5$481,046$38,324$7,665iApproximate average salary by contribution assumption: employee only about $191,620 at 4% or $127,747 at 6%; with 50% employer match about $127,747 at 4% or $85,164 at 6%; with 100% employer match about $95,810 at 4% or $63,873 at 6%.
201615$420,297$42,565$8,513iApproximate average salary by contribution assumption: employee only about $212,825 at 4% or $141,883 at 6%; with 50% employer match about $141,883 at 4% or $94,589 at 6%; with 100% employer match about $106,413 at 4% or $70,942 at 6%.
Fasano Corporation Profit Sharing Plan-5$420,297$42,565$8,513iApproximate average salary by contribution assumption: employee only about $212,825 at 4% or $141,883 at 6%; with 50% employer match about $141,883 at 4% or $94,589 at 6%; with 100% employer match about $106,413 at 4% or $70,942 at 6%.
201515$366,330$43,426$8,685iApproximate average salary by contribution assumption: employee only about $217,130 at 4% or $144,753 at 6%; with 50% employer match about $144,753 at 4% or $96,502 at 6%; with 100% employer match about $108,565 at 4% or $72,377 at 6%.
Fasano Corporation Profit Sharing Plan-5$366,330$43,426$8,685iApproximate average salary by contribution assumption: employee only about $217,130 at 4% or $144,753 at 6%; with 50% employer match about $144,753 at 4% or $96,502 at 6%; with 100% employer match about $108,565 at 4% or $72,377 at 6%.
201415$337,630$42,348$8,470iApproximate average salary by contribution assumption: employee only about $211,740 at 4% or $141,160 at 6%; with 50% employer match about $141,160 at 4% or $94,107 at 6%; with 100% employer match about $105,870 at 4% or $70,580 at 6%.
Fasano Corporation Profit Sharing Plan-5$337,630$42,348$8,470iApproximate average salary by contribution assumption: employee only about $211,740 at 4% or $141,160 at 6%; with 50% employer match about $141,160 at 4% or $94,107 at 6%; with 100% employer match about $105,870 at 4% or $70,580 at 6%.
201316$293,696$34,517$5,753iApproximate average salary by contribution assumption: employee only about $143,821 at 4% or $95,881 at 6%; with 50% employer match about $95,881 at 4% or $63,920 at 6%; with 100% employer match about $71,910 at 4% or $47,940 at 6%.
Fasano Corporation Profit Sharing Plan-6$293,696$34,517$5,753iApproximate average salary by contribution assumption: employee only about $143,821 at 4% or $95,881 at 6%; with 50% employer match about $95,881 at 4% or $63,920 at 6%; with 100% employer match about $71,910 at 4% or $47,940 at 6%.
201215$243,059$20,444$4,089iApproximate average salary by contribution assumption: employee only about $102,220 at 4% or $68,147 at 6%; with 50% employer match about $68,147 at 4% or $45,431 at 6%; with 100% employer match about $51,110 at 4% or $34,073 at 6%.
Fasano Corporation Profit Sharing Plan-5$243,059$20,444$4,089iApproximate average salary by contribution assumption: employee only about $102,220 at 4% or $68,147 at 6%; with 50% employer match about $68,147 at 4% or $45,431 at 6%; with 100% employer match about $51,110 at 4% or $34,073 at 6%.
201115$213,773$18,531$3,706iApproximate average salary by contribution assumption: employee only about $92,655 at 4% or $61,770 at 6%; with 50% employer match about $61,770 at 4% or $41,180 at 6%; with 100% employer match about $46,328 at 4% or $30,885 at 6%.
Fasano Corporation Profit Sharing Plan-5$213,773$18,531$3,706iApproximate average salary by contribution assumption: employee only about $92,655 at 4% or $61,770 at 6%; with 50% employer match about $61,770 at 4% or $41,180 at 6%; with 100% employer match about $46,328 at 4% or $30,885 at 6%.
201014$278,422$12,758$3,190iApproximate average salary by contribution assumption: employee only about $79,738 at 4% or $53,158 at 6%; with 50% employer match about $53,158 at 4% or $35,439 at 6%; with 100% employer match about $39,869 at 4% or $26,579 at 6%.
Fasano Corporation Profit Sharing Plan-4$278,422$12,758$3,190iApproximate average salary by contribution assumption: employee only about $79,738 at 4% or $53,158 at 6%; with 50% employer match about $53,158 at 4% or $35,439 at 6%; with 100% employer match about $39,869 at 4% or $26,579 at 6%.
200914$244,159$0-
Fasano Corporation Profit Sharing Plan-4$244,159--
200814$206,474$0-
Fasano Corporation Profit Sharing Plan-4$206,474--
200715$0$0-
Fasano Corporation Profit Sharing Plan-5---
200615$303,061$17,843$3,569iApproximate average salary by contribution assumption: employee only about $89,215 at 4% or $59,477 at 6%; with 50% employer match about $59,477 at 4% or $39,651 at 6%; with 100% employer match about $44,608 at 4% or $29,738 at 6%.
Fasano Corporation Profit Sharing Plan-5$303,061$17,843$3,569iApproximate average salary by contribution assumption: employee only about $89,215 at 4% or $59,477 at 6%; with 50% employer match about $59,477 at 4% or $39,651 at 6%; with 100% employer match about $44,608 at 4% or $29,738 at 6%.
200515$274,385$19,000$3,800iApproximate average salary by contribution assumption: employee only about $95,000 at 4% or $63,333 at 6%; with 50% employer match about $63,333 at 4% or $42,222 at 6%; with 100% employer match about $47,500 at 4% or $31,667 at 6%.
Fasano Corporation Profit Sharing Plan-5$274,385$19,000$3,800iApproximate average salary by contribution assumption: employee only about $95,000 at 4% or $63,333 at 6%; with 50% employer match about $63,333 at 4% or $42,222 at 6%; with 100% employer match about $47,500 at 4% or $31,667 at 6%.
200415$255,170$19,428$3,886iApproximate average salary by contribution assumption: employee only about $97,140 at 4% or $64,760 at 6%; with 50% employer match about $64,760 at 4% or $43,173 at 6%; with 100% employer match about $48,570 at 4% or $32,380 at 6%.
Fasano Corporation Profit Sharing Plan-5$255,170$19,428$3,886iApproximate average salary by contribution assumption: employee only about $97,140 at 4% or $64,760 at 6%; with 50% employer match about $64,760 at 4% or $43,173 at 6%; with 100% employer match about $48,570 at 4% or $32,380 at 6%.
200315$219,061$19,196$3,839iApproximate average salary by contribution assumption: employee only about $95,980 at 4% or $63,987 at 6%; with 50% employer match about $63,987 at 4% or $42,658 at 6%; with 100% employer match about $47,990 at 4% or $31,993 at 6%.
Fasano Corporation Profit Sharing Plan-5$219,061$19,196$3,839iApproximate average salary by contribution assumption: employee only about $95,980 at 4% or $63,987 at 6%; with 50% employer match about $63,987 at 4% or $42,658 at 6%; with 100% employer match about $47,990 at 4% or $31,993 at 6%.
200215$166,970$19,243$3,849iApproximate average salary by contribution assumption: employee only about $96,215 at 4% or $64,143 at 6%; with 50% employer match about $64,143 at 4% or $42,762 at 6%; with 100% employer match about $48,108 at 4% or $32,072 at 6%.
Fasano Corporation Profit Sharing Plan-5$166,970$19,243$3,849iApproximate average salary by contribution assumption: employee only about $96,215 at 4% or $64,143 at 6%; with 50% employer match about $64,143 at 4% or $42,762 at 6%; with 100% employer match about $48,108 at 4% or $32,072 at 6%.
200115$207,383$19,196$3,839iApproximate average salary by contribution assumption: employee only about $95,980 at 4% or $63,987 at 6%; with 50% employer match about $63,987 at 4% or $42,658 at 6%; with 100% employer match about $47,990 at 4% or $31,993 at 6%.
Fasano Corporation Profit Sharing Plan-5$207,383$19,196$3,839iApproximate average salary by contribution assumption: employee only about $95,980 at 4% or $63,987 at 6%; with 50% employer match about $63,987 at 4% or $42,658 at 6%; with 100% employer match about $47,990 at 4% or $31,993 at 6%.
200015$271,955$19,182$3,836iApproximate average salary by contribution assumption: employee only about $95,910 at 4% or $63,940 at 6%; with 50% employer match about $63,940 at 4% or $42,627 at 6%; with 100% employer match about $47,955 at 4% or $31,970 at 6%.
Fasano Corporation Profit Sharing Plan-5$271,955$19,182$3,836iApproximate average salary by contribution assumption: employee only about $95,910 at 4% or $63,940 at 6%; with 50% employer match about $63,940 at 4% or $42,627 at 6%; with 100% employer match about $47,955 at 4% or $31,970 at 6%.