Civic Intelligence
Filing

Wormser, Kiely, Galef & Jacobs 401K Profit Sharing Plan

Wormser, Kiely, Galef & Jacobs • EIN 13-3517628 • Plan year 2006

Company ProfileSource Archive
Filing Insights

Participants

Down

63 → 59

-4 • -6.35%

Assets

Up

$8,269,829 → $9,966,614

$1,696,785 • 20.52%

Investment Management Fee

-

Admin expenses - • Total expenses $50,567

Filing Details

Context
Net investment result
$1,696,785
Pension payor EIN
13-3517628

Status Flags

Fidelity bond in place

Yes

Limited-scope audit performed

Not reported

Contributions transmitted on time

Not reported

Participant loans in default

No

Leases in default

No

Reportable party-in-interest issues

Not reported

Loss discovered during year

No

Assets with undetermined value

No

Non-cash contributions

No

Assets held for investment

Not reported

5% transactions reported

Not reported

All plan assets distributed

No

Benefits paid when due

Not reported

Plan blackout period

Not reported

Plan termination resolution adopted

No

Counterparties

Company Timeline

This filing is highlighted inside the broader sponsor history.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
201812$4,182,478$34,200$17,100iApproximate average salary by contribution assumption: employee only about $427,500 at 4% or $285,000 at 6%; with 50% employer match about $285,000 at 4% or $190,000 at 6%; with 100% employer match about $213,750 at 4% or $142,500 at 6%.
Wormser, Kiely, Galef & Jacobs 401K Profit Sharing Plan-2$4,182,478$34,200$17,100iApproximate average salary by contribution assumption: employee only about $427,500 at 4% or $285,000 at 6%; with 50% employer match about $285,000 at 4% or $190,000 at 6%; with 100% employer match about $213,750 at 4% or $142,500 at 6%.
201716$6,309,319$682,894$113,816iApproximate average salary by contribution assumption: employee only about $2,845,392 at 4% or $1,896,928 at 6%; with 50% employer match about $1,896,928 at 4% or $1,264,619 at 6%; with 100% employer match about $1,422,696 at 4% or $948,464 at 6%.
Wormser, Kiely, Galef & Jacobs 401K Profit Sharing Plan-6$6,309,319$682,894$113,816iApproximate average salary by contribution assumption: employee only about $2,845,392 at 4% or $1,896,928 at 6%; with 50% employer match about $1,896,928 at 4% or $1,264,619 at 6%; with 100% employer match about $1,422,696 at 4% or $948,464 at 6%.
2016147$12,856,456$863,525$18,373iApproximate average salary by contribution assumption: employee only about $459,322 at 4% or $306,215 at 6%; with 50% employer match about $306,215 at 4% or $204,143 at 6%; with 100% employer match about $229,661 at 4% or $153,107 at 6%.
Wormser, Kiely, Galef & Jacobs 401K Profit Sharing Plan-47$12,856,456$863,525$18,373iApproximate average salary by contribution assumption: employee only about $459,322 at 4% or $306,215 at 6%; with 50% employer match about $306,215 at 4% or $204,143 at 6%; with 100% employer match about $229,661 at 4% or $153,107 at 6%.
2015151$12,471,830$905,782$17,760iApproximate average salary by contribution assumption: employee only about $444,011 at 4% or $296,007 at 6%; with 50% employer match about $296,007 at 4% or $197,338 at 6%; with 100% employer match about $222,005 at 4% or $148,004 at 6%.
Wormser, Kiely, Galef & Jacobs 401K Profit Sharing Plan-51$12,471,830$905,782$17,760iApproximate average salary by contribution assumption: employee only about $444,011 at 4% or $296,007 at 6%; with 50% employer match about $296,007 at 4% or $197,338 at 6%; with 100% employer match about $222,005 at 4% or $148,004 at 6%.
2014154$12,388,388$901,297$16,691iApproximate average salary by contribution assumption: employee only about $417,267 at 4% or $278,178 at 6%; with 50% employer match about $278,178 at 4% or $185,452 at 6%; with 100% employer match about $208,634 at 4% or $139,089 at 6%.
Wormser, Kiely, Galef & Jacobs 401K Profit Sharing Plan-54$12,388,388$901,297$16,691iApproximate average salary by contribution assumption: employee only about $417,267 at 4% or $278,178 at 6%; with 50% employer match about $278,178 at 4% or $185,452 at 6%; with 100% employer match about $208,634 at 4% or $139,089 at 6%.
2013164$11,873,879$532,278$8,317iApproximate average salary by contribution assumption: employee only about $207,921 at 4% or $138,614 at 6%; with 50% employer match about $138,614 at 4% or $92,409 at 6%; with 100% employer match about $103,961 at 4% or $69,307 at 6%.
Wormser, Kiely, Galef & Jacobs 401K Profit Sharing Plan-64$11,873,879$532,278$8,317iApproximate average salary by contribution assumption: employee only about $207,921 at 4% or $138,614 at 6%; with 50% employer match about $138,614 at 4% or $92,409 at 6%; with 100% employer match about $103,961 at 4% or $69,307 at 6%.
2012166$10,166,557$896,694$13,586iApproximate average salary by contribution assumption: employee only about $339,657 at 4% or $226,438 at 6%; with 50% employer match about $226,438 at 4% or $150,959 at 6%; with 100% employer match about $169,828 at 4% or $113,219 at 6%.
Wormser, Kiely, Galef & Jacobs 401K Profit Sharing Plan-66$10,166,557$896,694$13,586iApproximate average salary by contribution assumption: employee only about $339,657 at 4% or $226,438 at 6%; with 50% employer match about $226,438 at 4% or $150,959 at 6%; with 100% employer match about $169,828 at 4% or $113,219 at 6%.
2011158$8,625,226$805,173$13,882iApproximate average salary by contribution assumption: employee only about $347,057 at 4% or $231,372 at 6%; with 50% employer match about $231,372 at 4% or $154,248 at 6%; with 100% employer match about $173,529 at 4% or $115,686 at 6%.
Wormser, Kiely, Galef & Jacobs 401K Profit Sharing Plan-58$8,625,226$805,173$13,882iApproximate average salary by contribution assumption: employee only about $347,057 at 4% or $231,372 at 6%; with 50% employer match about $231,372 at 4% or $154,248 at 6%; with 100% employer match about $173,529 at 4% or $115,686 at 6%.
2010160$8,426,086$678,957$11,316iApproximate average salary by contribution assumption: employee only about $282,899 at 4% or $188,599 at 6%; with 50% employer match about $188,599 at 4% or $125,733 at 6%; with 100% employer match about $141,449 at 4% or $94,300 at 6%.
Wormser, Kiely, Galef & Jacobs 401K Profit Sharing Plan-60$8,426,086$678,957$11,316iApproximate average salary by contribution assumption: employee only about $282,899 at 4% or $188,599 at 6%; with 50% employer match about $188,599 at 4% or $125,733 at 6%; with 100% employer match about $141,449 at 4% or $94,300 at 6%.
2009164$7,915,940$799,373$12,490iApproximate average salary by contribution assumption: employee only about $312,255 at 4% or $208,170 at 6%; with 50% employer match about $208,170 at 4% or $138,780 at 6%; with 100% employer match about $156,128 at 4% or $104,085 at 6%.
Wormser, Kiely, Galef & Jacobs 401K Profit Sharing Plan-64$7,915,940$799,373$12,490iApproximate average salary by contribution assumption: employee only about $312,255 at 4% or $208,170 at 6%; with 50% employer match about $208,170 at 4% or $138,780 at 6%; with 100% employer match about $156,128 at 4% or $104,085 at 6%.
2008153$8,114,572$754,844$14,242iApproximate average salary by contribution assumption: employee only about $356,058 at 4% or $237,372 at 6%; with 50% employer match about $237,372 at 4% or $158,248 at 6%; with 100% employer match about $178,029 at 4% or $118,686 at 6%.
Wormser, Kiely, Galef & Jacobs 401K Profit Sharing Plan-53$8,114,572$754,844$14,242iApproximate average salary by contribution assumption: employee only about $356,058 at 4% or $237,372 at 6%; with 50% employer match about $237,372 at 4% or $158,248 at 6%; with 100% employer match about $178,029 at 4% or $118,686 at 6%.
2007155$0$0-
Wormser, Kiely, Galef & Jacobs 401K Profit Sharing Plan-55---
2006159$9,966,614$781,219$13,241iApproximate average salary by contribution assumption: employee only about $331,025 at 4% or $220,683 at 6%; with 50% employer match about $220,683 at 4% or $147,122 at 6%; with 100% employer match about $165,513 at 4% or $110,342 at 6%.
Wormser, Kiely, Galef & Jacobs 401K Profit Sharing PlanCurrent59$9,966,614$781,219$13,241iApproximate average salary by contribution assumption: employee only about $331,025 at 4% or $220,683 at 6%; with 50% employer match about $220,683 at 4% or $147,122 at 6%; with 100% employer match about $165,513 at 4% or $110,342 at 6%.
2005153$8,269,829$759,384$14,328iApproximate average salary by contribution assumption: employee only about $358,200 at 4% or $238,800 at 6%; with 50% employer match about $238,800 at 4% or $159,200 at 6%; with 100% employer match about $179,100 at 4% or $119,400 at 6%.
Wormser, Kiely, Galef & Jacobs 401K Profit Sharing Plan-53$8,269,829$759,384$14,328iApproximate average salary by contribution assumption: employee only about $358,200 at 4% or $238,800 at 6%; with 50% employer match about $238,800 at 4% or $159,200 at 6%; with 100% employer match about $179,100 at 4% or $119,400 at 6%.
2004148$7,871,226$714,946$14,895iApproximate average salary by contribution assumption: employee only about $372,368 at 4% or $248,245 at 6%; with 50% employer match about $248,245 at 4% or $165,497 at 6%; with 100% employer match about $186,184 at 4% or $124,123 at 6%.
Wormser, Kiely, Galef & Jacobs 401K Profit Sharing Plan-48$7,871,226$714,946$14,895iApproximate average salary by contribution assumption: employee only about $372,368 at 4% or $248,245 at 6%; with 50% employer match about $248,245 at 4% or $165,497 at 6%; with 100% employer match about $186,184 at 4% or $124,123 at 6%.
2003152$6,955,573$727,707$13,994iApproximate average salary by contribution assumption: employee only about $349,859 at 4% or $233,239 at 6%; with 50% employer match about $233,239 at 4% or $155,493 at 6%; with 100% employer match about $174,930 at 4% or $116,620 at 6%.
Wormser, Kiely, Galef & Jacobs 401K Profit Sharing Plan-52$6,955,573$727,707$13,994iApproximate average salary by contribution assumption: employee only about $349,859 at 4% or $233,239 at 6%; with 50% employer match about $233,239 at 4% or $155,493 at 6%; with 100% employer match about $174,930 at 4% or $116,620 at 6%.
2002153$6,731,043$719,622$13,578iApproximate average salary by contribution assumption: employee only about $339,444 at 4% or $226,296 at 6%; with 50% employer match about $226,296 at 4% or $150,864 at 6%; with 100% employer match about $169,722 at 4% or $113,148 at 6%.
Wormser, Kiely, Galef & Jacobs 401K Profit Sharing Plan-53$6,731,043$719,622$13,578iApproximate average salary by contribution assumption: employee only about $339,444 at 4% or $226,296 at 6%; with 50% employer match about $226,296 at 4% or $150,864 at 6%; with 100% employer match about $169,722 at 4% or $113,148 at 6%.
2001154$7,273,708$737,882$13,664iApproximate average salary by contribution assumption: employee only about $341,612 at 4% or $227,741 at 6%; with 50% employer match about $227,741 at 4% or $151,828 at 6%; with 100% employer match about $170,806 at 4% or $113,871 at 6%.
Wormser, Kiely, Galef & Jacobs 401K Profit Sharing Plan-54$7,273,708$737,882$13,664iApproximate average salary by contribution assumption: employee only about $341,612 at 4% or $227,741 at 6%; with 50% employer match about $227,741 at 4% or $151,828 at 6%; with 100% employer match about $170,806 at 4% or $113,871 at 6%.
2000158$7,797,986$704,807$12,152iApproximate average salary by contribution assumption: employee only about $303,796 at 4% or $202,531 at 6%; with 50% employer match about $202,531 at 4% or $135,020 at 6%; with 100% employer match about $151,898 at 4% or $101,265 at 6%.
Wormser, Kiely, Galef & Jacobs 401K Profit Sharing Plan-58$7,797,986$704,807$12,152iApproximate average salary by contribution assumption: employee only about $303,796 at 4% or $202,531 at 6%; with 50% employer match about $202,531 at 4% or $135,020 at 6%; with 100% employer match about $151,898 at 4% or $101,265 at 6%.
1999154$7,795,945$645,023$11,945iApproximate average salary by contribution assumption: employee only about $298,622 at 4% or $199,081 at 6%; with 50% employer match about $199,081 at 4% or $132,721 at 6%; with 100% employer match about $149,311 at 4% or $99,541 at 6%.
Wormser, Kiely, Galef & Jacobs 401K Profit Sharing Plan-54$7,795,945$645,023$11,945iApproximate average salary by contribution assumption: employee only about $298,622 at 4% or $199,081 at 6%; with 50% employer match about $199,081 at 4% or $132,721 at 6%; with 100% employer match about $149,311 at 4% or $99,541 at 6%.
Schedule Details

Schedule A

Row 1
Filing Id
84037347375307
Form Id
84773774
Page Id
2
Page Seq
0
Page Row Num
1
Row Num
0
Image Form Id
6020377347375050002
Ins Broker Comm Pd 01 Amount
$0
Ins Broker Fees Pd 01 Amount
$0
Row 2
Ins Carrier Name: TRAVELERS LIFE INSURANCE
Filing Id
84037347375307
Form Id
84773774
Schedule A EIN
13-3517628
Schedule A Plan Num
002
Schedule A Plan Year Begin Date
2006-01-01
Schedule A Tax Period
20061231
Ins Carrier Name
TRAVELERS LIFE INSURANCE
Ins Carrier EIN
06-0566090
Ins Carrier Naic Code
87726
Ins Contract Num
7158829
Ins Prsn Covered End of year Count
1
Ins Policy From Date
2006-01-01
Ins Policy To Date
2006-12-31
Ins Broker Comm Total Amount
$0
Ins Broker Fees Total Amount
$0
Pension End of year Gen Account Amount
$0
Pension End of year Sep Account Amount
$0
Pension Basis Rates Text
INSURANCE COMPANY RATE TABLES
Pension Prem Paid Total Amount
$0
Pension Unpaid Premium Amount
$0
Pension Contract Cost Amount
$0
Pension Type Alloc Cntrct Indicator
Yes
Pension End Prev Bal Amount
$0
Pension Contribution Dep Amount
$0
Pension Divnd Cr Dep Amount
$0
Pension Interest Cr Dur Yr Amount
$0
Pension Transfer From Amount
$0
Pension Other Amount
$0
Pension Total Additions Amount
$0
Pension Total Bal Addn Amount
$0
Pension Bnfts Dsbrsd Amount
$0
Pension Admin Chrg Amount
$0
Pension Transfer To Amount
$0
Pension Oth Ded Amount
$0
Pension Total Ded Amount
$0
Pension End of year Bal Amount
$0
Wlfr Premium Rcvd Amount
$0
Wlfr Unpaid Due Amount
$0
Wlfr Reserve Amount
$0
Wlfr Total Earned Prem Amount
$0
Wlfr Claims Paid Amount
$0
Wlfr Incr Reserve Amount
$0
Wlfr Incurred Claim Amount
$0
Wlfr Claims Chrgd Amount
$0
Wlfr Ret Commissions Amount
$0
Wlfr Ret Admin Amount
$0
Wlfr Ret Oth Cost Amount
$0
Wlfr Ret Oth Expense Amount
$0
Wlfr Ret Taxes Amount
$0
Wlfr Ret Charges Amount
$0
Wlfr Ret Oth Chrgs Amount
$0
Wlfr Ret Total Amount
$0
Wlfr Refund Amount
$0
Wlfr Held Bnfts Amount
$0
Wlfr Claims Reserve Amount
$0
Wlfr Oth Reserve Amount
$0
Wlfr Divnds Due Amount
$0
Wlfr Total Charges Paid Amount
$0
Wlfr Acquis Cost Amount
$0

Schedule I

Schedule I Financial Statement

Small plan result

Balance sheet and activity values reported by the filer for this small-plan annual return.

End-of-year assets$9,966,614$1,696,785 change

Balance Sheet

Beginning and end of plan year.

Total assets$8,269,829$9,966,614Increase +$1,696,785 (20.52%)
Total liabilities$0$0No change $0
Net assets$8,269,829$9,966,614Increase +$1,696,785 (20.52%)

Contributions

Employer contributions$400,572
Participant contributions$364,194
Other contributions$16,453

Income & Expenses

Total income$1,747,352
Total expenses$50,567
Net income$1,696,785
Source fields
Schedule I source fields
Filing Id
84037347375307
Schedule I EIN
13-3517628
Schedule I Plan Num
002
Schedule I Plan Year Begin Date
2006-01-01
Schedule I Tax Period
20061231
Small plan total assets at beginning of year
$8,269,829
Small plan total liabilities at beginning of year
$0
Small plan net assets at beginning of year
$8,269,829
Small plan total assets at end of year
$9,966,614
Small plan total liabilities at end of year
$0
Small plan net assets at end of year
$9,966,614
Small plan employer contributions
$400,572
Small plan participant contributions
$364,194
Small Oth Contribution Rcvd Amount
$16,453
Small Non Cash Contribution Bs Amount
$0
Small Other Income Amount
$966,133
Small plan total income
$1,747,352
Small plan total benefit distributions
$49,567
Small Corrective Distribution Amount
$0
Small Dm Dstrb Ptcp Ln A
0
Small Oth Expenses Amount
$1,000
Small plan total expenses
$50,567
Small plan net income or loss
$1,696,785
Small Total Plan Transfers Amount
$0
Small Joint Venture End of year Indicator
No
Small Joint Venture End of year Amount
$0
Small Employer Prop End of year Indicator
No
Small Employer Prop End of year Amount
$0
Small Investment Real Est End of year I
2
Small Investment Real Est End of year A
0
Small Employer Sec End of year Indicator
No
Small Employer Sec End of year Amount
$0
Small Mortg Participants End of year Indicator
Yes
Small Mortg Participants End of year Amount
$66,000
Small Oth Lns Participants End of year Indicator
No
Small Oth Lns Participants End of year Amount
$0
Small Personal Prop End of year Indicator
No
Small Personal Prop End of year Amount
$0
Small Fail Xmt Ctb I
2
Small Fail Xmt Ctb A
0
Small plan participant loans in default
No
Small Loans In Default Amount
$0
Small plan leases in default
No
Small Leases In Default Amount
$0
Small Pt In Interest Not Reported I
2
Small Pt In Interest Not Reported A
0
Small plan fidelity bond in place
Yes
Small plan fidelity bond amount
$750,000
Small plan loss discovered during year
No
Small Loss Discovered Dur Year Amount
$0
Small plan assets with undetermined value
No
Small Asset Undeterm Valuation Amount
$0
Small plan non-cash contributions reported
No
Small Non Cash Contribution Amount
$0
Small 20 Percent Sngl Investment Indicator
No
Small 20 Percent Sngl Investment Amount
$0
Small plan all plan assets distributed
No
Waiver Annual Iqpa Report
1
Small plan resolution to terminate plan adopted
No
Small Res Terminate Plan Adpt Amount
$0

Schedule R

Schedule R Pension Information

Retirement plan characteristics

Testing, payor, opinion-letter, and transfer information reported with the filing.

Pension & Payor

Payor EIN13-3517628

Transfers

Distributed property value$0
Schedule R source fields
Payor 13-3517628
Filing Id
84037347375307
Schedule R EIN
13-3517628
Schedule R Plan number
002
Schedule R Plan Year Begin Date
2006-01-01
Schedule R Tax Period
20061231
Pension Value Dstrb Pd Property Amount
$0
Pension payor EIN
13-3517628
Pension Bnft Distribution Sngl Sum Count
0
Pension Elec Satisfy Code 412 Indicator
3
Pension Employer Contribution Rqr Amount
$0
Pension Employer Contribution Paid Amount
$0
Pension Funding Deficiency Amount
$0
Pension Chg Fndng Method Indicator
3
Pension Satisfy Cover Basis Code
1