Civic Intelligence

Rakesh Passi MD LLC

Plan context: Rakesh Passi MD LLC 401(K) Plan

EIN 11-3682441 • South River, NJ • 37 filings • 9 plans

149 Main StreetSouth River, NJ 08882
Current Snapshot

Latest Year

2024

2024 Participants

23

2024 Assets

$900,233

2024 Contributions

$81,710

Historical Graphs

Total Assets Over Time

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

$3,883,437$1,941,719$0200920172024YearValue
$900,233Latest year 2024

Participants Over Time

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

30150201020172024YearValue
23Latest 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
2024223$900,233$81,710$3,553iApproximate average salary by contribution assumption: employee only about $88,815 at 4% or $59,210 at 6%; with 50% employer match about $59,210 at 4% or $39,473 at 6%; with 100% employer match about $44,408 at 4% or $29,605 at 6%.
Rakesh Passi MD LLC 401(K) Plan-23$900,233$81,710$3,553iApproximate average salary by contribution assumption: employee only about $88,815 at 4% or $59,210 at 6%; with 50% employer match about $59,210 at 4% or $39,473 at 6%; with 100% employer match about $44,408 at 4% or $29,605 at 6%.
Rakesh Passi MD LLC Cash Balance Plan-0$0$0-
2023321$3,883,437$204,171$9,722iApproximate average salary by contribution assumption: employee only about $243,061 at 4% or $162,040 at 6%; with 50% employer match about $162,040 at 4% or $108,027 at 6%; with 100% employer match about $121,530 at 4% or $81,020 at 6%.
Rakesh Passi MD LLC Cash Balance Plan-14$3,138,173$67,000$4,786iApproximate average salary by contribution assumption: employee only about $119,643 at 4% or $79,762 at 6%; with 50% employer match about $79,762 at 4% or $53,175 at 6%; with 100% employer match about $59,821 at 4% or $39,881 at 6%.
Rakesh Passi MD LLC 401(K) Plan-21$745,264$121,357$5,779iApproximate average salary by contribution assumption: employee only about $144,473 at 4% or $96,315 at 6%; with 50% employer match about $96,315 at 4% or $64,210 at 6%; with 100% employer match about $72,236 at 4% or $48,158 at 6%.
RAKESH PASSI, M. D. LLC PROFIT SHARING PLAN-0$0$15,814-
2022321$3,564,722$459,638$21,888iApproximate average salary by contribution assumption: employee only about $547,188 at 4% or $364,792 at 6%; with 50% employer match about $364,792 at 4% or $243,195 at 6%; with 100% employer match about $273,594 at 4% or $182,396 at 6%.
Rakesh Passi MD LLC Cash Balance Plan-15$2,905,957$367,920$24,528iApproximate average salary by contribution assumption: employee only about $613,200 at 4% or $408,800 at 6%; with 50% employer match about $408,800 at 4% or $272,533 at 6%; with 100% employer match about $306,600 at 4% or $204,400 at 6%.
Rakesh Passi MD LLC 401(K) Plan-19$547,231$91,718$4,827iApproximate average salary by contribution assumption: employee only about $120,682 at 4% or $80,454 at 6%; with 50% employer match about $80,454 at 4% or $53,636 at 6%; with 100% employer match about $60,341 at 4% or $40,227 at 6%.
RAKESH PASSI, M. D. LLC PROFIT SHARING PLAN-21$111,534--
2021321$3,264,424$513,370$24,446iApproximate average salary by contribution assumption: employee only about $611,155 at 4% or $407,437 at 6%; with 50% employer match about $407,437 at 4% or $271,624 at 6%; with 100% employer match about $305,577 at 4% or $203,718 at 6%.
Rakesh Passi MD LLC Cash Balance Plan-14$2,604,147$419,316$29,951iApproximate average salary by contribution assumption: employee only about $748,779 at 4% or $499,186 at 6%; with 50% employer match about $499,186 at 4% or $332,790 at 6%; with 100% employer match about $374,389 at 4% or $249,593 at 6%.
Rakesh Passi MD LLC 401(K) Plan-18$538,295$94,054$5,225iApproximate average salary by contribution assumption: employee only about $130,631 at 4% or $87,087 at 6%; with 50% employer match about $87,087 at 4% or $58,058 at 6%; with 100% employer match about $65,315 at 4% or $43,544 at 6%.
RAKESH PASSI, M. D. LLC PROFIT SHARING PLAN-21$121,982--
2020321$2,528,006$584,681$27,842iApproximate average salary by contribution assumption: employee only about $696,049 at 4% or $464,033 at 6%; with 50% employer match about $464,033 at 4% or $309,355 at 6%; with 100% employer match about $348,024 at 4% or $232,016 at 6%.
Rakesh Passi MD LLC Cash Balance Plan-10$2,013,251$497,801$49,780iApproximate average salary by contribution assumption: employee only about $1,244,503 at 4% or $829,668 at 6%; with 50% employer match about $829,668 at 4% or $553,112 at 6%; with 100% employer match about $622,251 at 4% or $414,834 at 6%.
Rakesh Passi MD LLC 401(K) Plan-16$397,827$86,880$5,430iApproximate average salary by contribution assumption: employee only about $135,750 at 4% or $90,500 at 6%; with 50% employer match about $90,500 at 4% or $60,333 at 6%; with 100% employer match about $67,875 at 4% or $45,250 at 6%.
RAKESH PASSI, M. D. LLC PROFIT SHARING PLAN-21$116,928--
2019321$1,829,724$650,160$30,960iApproximate average salary by contribution assumption: employee only about $774,000 at 4% or $516,000 at 6%; with 50% employer match about $516,000 at 4% or $344,000 at 6%; with 100% employer match about $387,000 at 4% or $258,000 at 6%.
Rakesh Passi MD LLC Cash Balance Plan-10$1,438,529$575,000$57,500iApproximate average salary by contribution assumption: employee only about $1,437,500 at 4% or $958,333 at 6%; with 50% employer match about $958,333 at 4% or $638,889 at 6%; with 100% employer match about $718,750 at 4% or $479,167 at 6%.
Rakesh Passi MD LLC 401(K) Plan-15$280,565$75,160$5,011iApproximate average salary by contribution assumption: employee only about $125,267 at 4% or $83,511 at 6%; with 50% employer match about $83,511 at 4% or $55,674 at 6%; with 100% employer match about $62,633 at 4% or $41,756 at 6%.
RAKESH PASSI, M.D. LLC PROFIT SHARING PLAN-21$110,630--
2018321$1,048,119$327,258$15,584iApproximate average salary by contribution assumption: employee only about $389,593 at 4% or $259,729 at 6%; with 50% employer match about $259,729 at 4% or $173,152 at 6%; with 100% employer match about $194,796 at 4% or $129,864 at 6%.
Rakesh Passi MD LLC Cash Balance Plan-8$765,301$256,343$32,043iApproximate average salary by contribution assumption: employee only about $801,072 at 4% or $534,048 at 6%; with 50% employer match about $534,048 at 4% or $356,032 at 6%; with 100% employer match about $400,536 at 4% or $267,024 at 6%.
Rakesh Passi MD LLC 401(K) Plan-11$180,057$70,915$6,447iApproximate average salary by contribution assumption: employee only about $161,170 at 4% or $107,447 at 6%; with 50% employer match about $107,447 at 4% or $71,631 at 6%; with 100% employer match about $80,585 at 4% or $53,723 at 6%.
RAKESH PASSI, M.D. LLC PROFIT SHARING PLAN-21$102,761--
2017321$786,041$352,585$16,790iApproximate average salary by contribution assumption: employee only about $419,744 at 4% or $279,829 at 6%; with 50% employer match about $279,829 at 4% or $186,553 at 6%; with 100% employer match about $209,872 at 4% or $139,915 at 6%.
Rakesh Passi MD LLC Cash Balance Plan-7$532,108$261,137$37,305iApproximate average salary by contribution assumption: employee only about $932,632 at 4% or $621,755 at 6%; with 50% employer match about $621,755 at 4% or $414,503 at 6%; with 100% employer match about $466,316 at 4% or $310,877 at 6%.
Rakesh Passi MD LLC 401(K) Plan-9$149,307$91,448$10,161iApproximate average salary by contribution assumption: employee only about $254,022 at 4% or $169,348 at 6%; with 50% employer match about $169,348 at 4% or $112,899 at 6%; with 100% employer match about $127,011 at 4% or $84,674 at 6%.
RAKESH PASSI, M.D. LLC PROFIT SHARING PLAN-21$104,626--
2016321$409,157$310,056$14,765iApproximate average salary by contribution assumption: employee only about $369,114 at 4% or $246,076 at 6%; with 50% employer match about $246,076 at 4% or $164,051 at 6%; with 100% employer match about $184,557 at 4% or $123,038 at 6%.
Rakesh Passi MD LLC Cash Balance Plan-5$260,239$260,239$52,048iApproximate average salary by contribution assumption: employee only about $1,301,195 at 4% or $867,463 at 6%; with 50% employer match about $867,463 at 4% or $578,309 at 6%; with 100% employer match about $650,598 at 4% or $433,732 at 6%.
RAKESH PASSI, M.D. LLC PROFIT SHARING PLAN-21$99,124--
Rakesh Passi MD LLC 401(K) Plan-6$49,794$49,817$8,303iApproximate average salary by contribution assumption: employee only about $207,571 at 4% or $138,381 at 6%; with 50% employer match about $138,381 at 4% or $92,254 at 6%; with 100% employer match about $103,785 at 4% or $69,190 at 6%.
2015122$105,043$0-
RAKESH PASSI, M.D. LLC PROFIT SHARING PLAN-22$105,043--
2014116$106,452$0-
RAKESH PASSI, M.D. LLC PROFIT SHARING PLAN-16$106,452$0-
2013221$270,138$0-
RAKESH PASSI, M.D. LLC PROFIT SHARING PLAN-21$270,138$0-
RAKESH PASSI MD LLC DEFINED BENEFIT PLAN-0$0$0-
2012230$1,394,619$0-
RAKESH PASSI MD LLC DEFINED BENEFIT PLAN-28$1,050,848--
RAKESH PASSI, M.D. LLC 401(K) PLAN-30$343,771--
2011230$1,323,999$195,030$6,501iApproximate average salary by contribution assumption: employee only about $162,525 at 4% or $108,350 at 6%; with 50% employer match about $108,350 at 4% or $72,233 at 6%; with 100% employer match about $81,263 at 4% or $54,175 at 6%.
RAKESH PASSI MD LLC DEFINED BENEFIT PLAN-0$1,002,609$134,174-
RAKESH PASSI, M.D., LLC 401(K) PLAN-30$321,390$60,856$2,029iApproximate average salary by contribution assumption: employee only about $50,713 at 4% or $33,809 at 6%; with 50% employer match about $33,809 at 4% or $22,539 at 6%; with 100% employer match about $25,357 at 4% or $16,904 at 6%.
2010228$1,130,496$699,579$24,985iApproximate average salary by contribution assumption: employee only about $624,624 at 4% or $416,416 at 6%; with 50% employer match about $416,416 at 4% or $277,611 at 6%; with 100% employer match about $312,312 at 4% or $208,208 at 6%.
RAKESH PASSI MD LLC UNIT ACCRUAL DEFINED BENEFIT PLAN-0$866,670$436,360-
RAKESH PASSI, M.D., LLC 401(K) PLAN-28$263,826$263,219$9,401iApproximate average salary by contribution assumption: employee only about $235,017 at 4% or $156,678 at 6%; with 50% employer match about $156,678 at 4% or $104,452 at 6%; with 100% employer match about $117,508 at 4% or $78,339 at 6%.
200910$452,082$452,082-
RAKEESH PASSI MD LLC DEFINED BENEFIT PLAN-0$452,082$452,082-