Civic Intelligence

Michel Design Works Ltd.

Plan context: MICHEL DESIGN WORKS, LTD. CASH BALANCE PLAN

EIN 13-3409968 • Katonah, NY • 21 filings • 4 plans

2875 Route 35, Suite 6s-3Katonah, NY 10536
Current Snapshot

Latest Year

2021

2021 Participants

32

2021 Assets

$6,116,370

2021 Contributions

$822,418

Historical Graphs

Total Assets Over Time

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

$6,116,370$3,058,185$0200920162020YearValue
$6,116,370Latest year 2020

Participants Over Time

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

32160200820152020YearValue
32Latest year 2020

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
202120$0$0-
MICHEL DESIGN WORKS, LTD. CASH BALANCE PLAN-0$0$0-
MICHEL DESIGN WORKS, LTD. 401(K) PLAN-0$0$0-
2020232$6,116,370$822,418$25,701iApproximate average salary by contribution assumption: employee only about $642,514 at 4% or $428,343 at 6%; with 50% employer match about $428,343 at 4% or $285,562 at 6%; with 100% employer match about $321,257 at 4% or $214,171 at 6%.
MICHEL DESIGN WORKS, LTD. CASH BALANCE PLAN-25$4,425,647$444,775$17,791iApproximate average salary by contribution assumption: employee only about $444,775 at 4% or $296,517 at 6%; with 50% employer match about $296,517 at 4% or $197,678 at 6%; with 100% employer match about $222,388 at 4% or $148,258 at 6%.
MICHEL DESIGN WORKS, LTD. 401(K) PLAN-32$1,690,723$377,643$11,801iApproximate average salary by contribution assumption: employee only about $295,034 at 4% or $196,689 at 6%; with 50% employer match about $196,689 at 4% or $131,126 at 6%; with 100% employer match about $147,517 at 4% or $98,345 at 6%.
2019224$4,883,078$724,730$30,197iApproximate average salary by contribution assumption: employee only about $754,927 at 4% or $503,285 at 6%; with 50% employer match about $503,285 at 4% or $335,523 at 6%; with 100% employer match about $377,464 at 4% or $251,642 at 6%.
MICHEL DESIGN WORKS, LTD. CASH BALANCE PLAN-19$3,728,272$433,447$22,813iApproximate average salary by contribution assumption: employee only about $570,325 at 4% or $380,217 at 6%; with 50% employer match about $380,217 at 4% or $253,478 at 6%; with 100% employer match about $285,163 at 4% or $190,108 at 6%.
MICHEL DESIGN WORKS, LTD. 401(K) PLAN-24$1,154,806$291,283$12,137iApproximate average salary by contribution assumption: employee only about $303,420 at 4% or $202,280 at 6%; with 50% employer match about $202,280 at 4% or $134,853 at 6%; with 100% employer match about $151,710 at 4% or $101,140 at 6%.
2018219$3,800,534$773,375$40,704iApproximate average salary by contribution assumption: employee only about $1,017,599 at 4% or $678,399 at 6%; with 50% employer match about $678,399 at 4% or $452,266 at 6%; with 100% employer match about $508,799 at 4% or $339,200 at 6%.
MICHEL DESIGN WORKS, LTD. CASH BALANCE PLAN-17$3,019,968$500,000$29,412iApproximate average salary by contribution assumption: employee only about $735,294 at 4% or $490,196 at 6%; with 50% employer match about $490,196 at 4% or $326,797 at 6%; with 100% employer match about $367,647 at 4% or $245,098 at 6%.
MICHEL DESIGN WORKS, LTD. 401(K) PLAN-19$780,566$273,375$14,388iApproximate average salary by contribution assumption: employee only about $359,704 at 4% or $239,803 at 6%; with 50% employer match about $239,803 at 4% or $159,868 at 6%; with 100% employer match about $179,852 at 4% or $119,901 at 6%.
2017217$3,250,333$676,231$39,778iApproximate average salary by contribution assumption: employee only about $994,457 at 4% or $662,972 at 6%; with 50% employer match about $662,972 at 4% or $441,981 at 6%; with 100% employer match about $497,229 at 4% or $331,486 at 6%.
MICHEL DESIGN WORKS, LTD. CASH BALANCE PLAN-16$2,707,724$432,083$27,005iApproximate average salary by contribution assumption: employee only about $675,130 at 4% or $450,086 at 6%; with 50% employer match about $450,086 at 4% or $300,058 at 6%; with 100% employer match about $337,565 at 4% or $225,043 at 6%.
MICHEL DESIGN WORKS, LTD. 401(K) PLAN-17$542,609$244,148$14,362iApproximate average salary by contribution assumption: employee only about $359,041 at 4% or $239,361 at 6%; with 50% employer match about $239,361 at 4% or $159,574 at 6%; with 100% employer match about $179,521 at 4% or $119,680 at 6%.
2016215$2,426,812$416,710$27,781iApproximate average salary by contribution assumption: employee only about $694,517 at 4% or $463,011 at 6%; with 50% employer match about $463,011 at 4% or $308,674 at 6%; with 100% employer match about $347,258 at 4% or $231,506 at 6%.
MICHEL DESIGN WORKS, LTD. CASH BALANCE PLAN-14$2,146,347$275,791$19,699iApproximate average salary by contribution assumption: employee only about $492,484 at 4% or $328,323 at 6%; with 50% employer match about $328,323 at 4% or $218,882 at 6%; with 100% employer match about $246,242 at 4% or $164,161 at 6%.
MICHEL DESIGN WORKS, LTD. 401(K) PLAN-15$280,465$140,919$9,395iApproximate average salary by contribution assumption: employee only about $234,865 at 4% or $156,577 at 6%; with 50% employer match about $156,577 at 4% or $104,384 at 6%; with 100% employer match about $117,433 at 4% or $78,288 at 6%.
2015212$1,997,920$463,688$38,641iApproximate average salary by contribution assumption: employee only about $966,017 at 4% or $644,011 at 6%; with 50% employer match about $644,011 at 4% or $429,341 at 6%; with 100% employer match about $483,008 at 4% or $322,006 at 6%.
MICHEL DESIGN WORKS, LTD. CASH BALANCE PLAN-12$1,861,821$419,971$34,998iApproximate average salary by contribution assumption: employee only about $874,940 at 4% or $583,293 at 6%; with 50% employer match about $583,293 at 4% or $388,862 at 6%; with 100% employer match about $437,470 at 4% or $291,647 at 6%.
MICHEL DESIGN WORKS, LTD. 401(K) PLAN-12$136,099$43,717$3,643iApproximate average salary by contribution assumption: employee only about $91,077 at 4% or $60,718 at 6%; with 50% employer match about $60,718 at 4% or $40,479 at 6%; with 100% employer match about $45,539 at 4% or $30,359 at 6%.
2014211$1,657,587$500,879$45,534iApproximate average salary by contribution assumption: employee only about $1,138,361 at 4% or $758,908 at 6%; with 50% employer match about $758,908 at 4% or $505,938 at 6%; with 100% employer match about $569,181 at 4% or $379,454 at 6%.
MICHEL DESIGN WORKS, LTD. CASH BALANCE PLAN-10$1,564,832$408,129$40,813iApproximate average salary by contribution assumption: employee only about $1,020,323 at 4% or $680,215 at 6%; with 50% employer match about $680,215 at 4% or $453,477 at 6%; with 100% employer match about $510,161 at 4% or $340,108 at 6%.
MICHEL DESIGN WORKS, LTD. 401(K) PLAN-11$92,755$92,750$8,432iApproximate average salary by contribution assumption: employee only about $210,795 at 4% or $140,530 at 6%; with 50% employer match about $140,530 at 4% or $93,687 at 6%; with 100% employer match about $105,398 at 4% or $70,265 at 6%.
201318$1,177,053$350,000$43,750iApproximate average salary by contribution assumption: employee only about $1,093,750 at 4% or $729,167 at 6%; with 50% employer match about $729,167 at 4% or $486,111 at 6%; with 100% employer match about $546,875 at 4% or $364,583 at 6%.
MICHEL DESIGN WORKS, LTD. DEFINED BENEFIT PLAN-8$1,177,053$350,000$43,750iApproximate average salary by contribution assumption: employee only about $1,093,750 at 4% or $729,167 at 6%; with 50% employer match about $729,167 at 4% or $486,111 at 6%; with 100% employer match about $546,875 at 4% or $364,583 at 6%.
201215$804,935$400,000$80,000iApproximate average salary by contribution assumption: employee only about $2,000,000 at 4% or $1,333,333 at 6%; with 50% employer match about $1,333,333 at 4% or $888,889 at 6%; with 100% employer match about $1,000,000 at 4% or $666,667 at 6%.
MICHEL DESIGN WORKS, LTD. DEFINED BENEFIT PLAN-5$804,935$400,000$80,000iApproximate average salary by contribution assumption: employee only about $2,000,000 at 4% or $1,333,333 at 6%; with 50% employer match about $1,333,333 at 4% or $888,889 at 6%; with 100% employer match about $1,000,000 at 4% or $666,667 at 6%.
201010$0$0-
Michel Design Works Ltd. Retirement Plan-0---
200915$1,199,521$203,000$40,600iApproximate average salary by contribution assumption: employee only about $1,015,000 at 4% or $676,667 at 6%; with 50% employer match about $676,667 at 4% or $451,111 at 6%; with 100% employer match about $507,500 at 4% or $338,333 at 6%.
Michel Design Works Ltd. Retirement Plan-5$1,199,521$203,000$40,600iApproximate average salary by contribution assumption: employee only about $1,015,000 at 4% or $676,667 at 6%; with 50% employer match about $676,667 at 4% or $451,111 at 6%; with 100% employer match about $507,500 at 4% or $338,333 at 6%.
200814$0$0-
Michel Design Works Ltd. Retirement Plan-4---
Michel Design Works Ltd. | EIN 13-3409968 | 2021 Form 5500 Company Profile