Civic Intelligence

Michael Lorusso, Esq.

Plan context: Michael Lorusso, Esq. Profit Sharing Plan

EIN 11-2990841 • 11 filings • 2 plans

Current Snapshot

Latest Year

2008

2008 Participants

1

2008 Assets

$440,728

2008 Contributions

$44,000

Historical Graphs

Total Assets Over Time

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

$621,263$310,632$0199920052008YearValue
$440,728Latest year 2008

Participants Over Time

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

530199920042008YearValue
1Latest year 2008

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
200811$440,728$44,000$44,000iApproximate average salary by contribution assumption: employee only about $1,100,000 at 4% or $733,333 at 6%; with 50% employer match about $733,333 at 4% or $488,889 at 6%; with 100% employer match about $550,000 at 4% or $366,667 at 6%.
Michael Lorusso, Esq. Profit Sharing Plan-1$440,728$44,000$44,000iApproximate average salary by contribution assumption: employee only about $1,100,000 at 4% or $733,333 at 6%; with 50% employer match about $733,333 at 4% or $488,889 at 6%; with 100% employer match about $550,000 at 4% or $366,667 at 6%.
200711$0$0-
Michael Lorusso, Esq. Profit Sharing Plan-1---
200611$621,263$36,167$36,167iApproximate average salary by contribution assumption: employee only about $904,175 at 4% or $602,783 at 6%; with 50% employer match about $602,783 at 4% or $401,856 at 6%; with 100% employer match about $452,088 at 4% or $301,392 at 6%.
Michael Lorusso, Esq. Profit Sharing Plan-1$621,263$36,167$36,167iApproximate average salary by contribution assumption: employee only about $904,175 at 4% or $602,783 at 6%; with 50% employer match about $602,783 at 4% or $401,856 at 6%; with 100% employer match about $452,088 at 4% or $301,392 at 6%.
200512$525,079$52,000$26,000iApproximate average salary by contribution assumption: employee only about $650,000 at 4% or $433,333 at 6%; with 50% employer match about $433,333 at 4% or $288,889 at 6%; with 100% employer match about $325,000 at 4% or $216,667 at 6%.
Michael Lorusso, Esq. Profit Sharing Plan-2$525,079$52,000$26,000iApproximate average salary by contribution assumption: employee only about $650,000 at 4% or $433,333 at 6%; with 50% employer match about $433,333 at 4% or $288,889 at 6%; with 100% employer match about $325,000 at 4% or $216,667 at 6%.
200412$459,958$0-
Michael Lorusso, Esq. Profit Sharing Plan-2$459,958--
200313$0$0-
Michael Lorusso, Esq. Profit Sharing Plan-3---
200225$333,353$0-
Michael Lorusso, Esq. Profit Sharing Plan-5$333,353--
Michael Lorusso, Esq. Money Purchase Plan-0---
200012$0$0-
Michael Lorusso, Esq. Profit Sharing Plan-2---
199922$316,170$35,630$17,815iApproximate average salary by contribution assumption: employee only about $445,375 at 4% or $296,917 at 6%; with 50% employer match about $296,917 at 4% or $197,944 at 6%; with 100% employer match about $222,688 at 4% or $148,458 at 6%.
Michael Lorusso, Esq. Profit Sharing Plan-2$161,575$17,712$8,856iApproximate average salary by contribution assumption: employee only about $221,400 at 4% or $147,600 at 6%; with 50% employer match about $147,600 at 4% or $98,400 at 6%; with 100% employer match about $110,700 at 4% or $73,800 at 6%.
Michael Lorusso, Esq. Money Purchase Plan-2$154,595$17,918$8,959iApproximate average salary by contribution assumption: employee only about $223,975 at 4% or $149,317 at 6%; with 50% employer match about $149,317 at 4% or $99,544 at 6%; with 100% employer match about $111,988 at 4% or $74,658 at 6%.