Civic Intelligence

Profita & Associates LLC

Plan context: PROFITA & ASSOCIATES LLC CASH BALANCE PLAN

EIN 14-1848026 • Fort Lee, NJ • 21 filings • 4 plans

1512 Palisades Ave #5KFort Lee, NJ 07024
Current Snapshot

Latest Year

2019

2019 Participants

2

2019 Assets

$883,597

2019 Contributions

$20,000

Historical Graphs

Total Assets Over Time

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

$1,955,522$977,761$0200820132018YearValue
$883,597Latest year 2018

Participants Over Time

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

740200720132018YearValue
2Latest year 2018

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
201910$0$0-
PROFITA & ASSOCIATES LLC CASH BALANCE PLAN-0$0--
201812$883,597$20,000$10,000iApproximate average salary by contribution assumption: employee only about $250,000 at 4% or $166,667 at 6%; with 50% employer match about $166,667 at 4% or $111,111 at 6%; with 100% employer match about $125,000 at 4% or $83,333 at 6%.
PROFITA & ASSOCIATES LLC CASH BALANCE PLAN-2$883,597$20,000$10,000iApproximate average salary by contribution assumption: employee only about $250,000 at 4% or $166,667 at 6%; with 50% employer match about $166,667 at 4% or $111,111 at 6%; with 100% employer match about $125,000 at 4% or $83,333 at 6%.
201712$958,988$100,000$50,000iApproximate average salary by contribution assumption: employee only about $1,250,000 at 4% or $833,333 at 6%; with 50% employer match about $833,333 at 4% or $555,556 at 6%; with 100% employer match about $625,000 at 4% or $416,667 at 6%.
PROFITA & ASSOCIATES LLC CASH BALANCE PLAN-2$958,988$100,000$50,000iApproximate average salary by contribution assumption: employee only about $1,250,000 at 4% or $833,333 at 6%; with 50% employer match about $833,333 at 4% or $555,556 at 6%; with 100% employer match about $625,000 at 4% or $416,667 at 6%.
201627$1,182,010$120,000$17,143iApproximate average salary by contribution assumption: employee only about $428,571 at 4% or $285,714 at 6%; with 50% employer match about $285,714 at 4% or $190,476 at 6%; with 100% employer match about $214,286 at 4% or $142,857 at 6%.
PROFITA & ASSOCIATES LLC CASH BALANCE PLAN-7$1,182,010$120,000$17,143iApproximate average salary by contribution assumption: employee only about $428,571 at 4% or $285,714 at 6%; with 50% employer match about $285,714 at 4% or $190,476 at 6%; with 100% employer match about $214,286 at 4% or $142,857 at 6%.
Profita & Associates LLC 401K Plan-0$0$0-
201527$1,955,522$170,703$24,386iApproximate average salary by contribution assumption: employee only about $609,654 at 4% or $406,436 at 6%; with 50% employer match about $406,436 at 4% or $270,957 at 6%; with 100% employer match about $304,827 at 4% or $203,218 at 6%.
PROFITA & ASSOCIATES LLC CASH BALANCE PLAN-7$1,098,969$87,796$12,542iApproximate average salary by contribution assumption: employee only about $313,557 at 4% or $209,038 at 6%; with 50% employer match about $209,038 at 4% or $139,359 at 6%; with 100% employer match about $156,779 at 4% or $104,519 at 6%.
Profita & Associates LLC 401K Plan-5$856,553$82,907$16,581iApproximate average salary by contribution assumption: employee only about $414,535 at 4% or $276,357 at 6%; with 50% employer match about $276,357 at 4% or $184,238 at 6%; with 100% employer match about $207,268 at 4% or $138,178 at 6%.
201426$1,805,679$171,644$28,607iApproximate average salary by contribution assumption: employee only about $715,183 at 4% or $476,789 at 6%; with 50% employer match about $476,789 at 4% or $317,859 at 6%; with 100% employer match about $357,592 at 4% or $238,394 at 6%.
PROFITA & ASSOCIATES LLC CASH BALANCE PLAN-6$984,659$100,000$16,667iApproximate average salary by contribution assumption: employee only about $416,667 at 4% or $277,778 at 6%; with 50% employer match about $277,778 at 4% or $185,185 at 6%; with 100% employer match about $208,333 at 4% or $138,889 at 6%.
Profita & Associates LLC 401K Plan-4$821,020$71,644$17,911iApproximate average salary by contribution assumption: employee only about $447,775 at 4% or $298,517 at 6%; with 50% employer match about $298,517 at 4% or $199,011 at 6%; with 100% employer match about $223,888 at 4% or $149,258 at 6%.
201326$1,645,788$201,041$33,507iApproximate average salary by contribution assumption: employee only about $837,671 at 4% or $558,447 at 6%; with 50% employer match about $558,447 at 4% or $372,298 at 6%; with 100% employer match about $418,835 at 4% or $279,224 at 6%.
PROFITA & ASSOCIATES LLC CASH BALANCE PLAN-6$930,027$115,000$19,167iApproximate average salary by contribution assumption: employee only about $479,167 at 4% or $319,444 at 6%; with 50% employer match about $319,444 at 4% or $212,963 at 6%; with 100% employer match about $239,583 at 4% or $159,722 at 6%.
Profita & Associates LLC 401K Plan-6$715,761$86,041$14,340iApproximate average salary by contribution assumption: employee only about $358,504 at 4% or $239,003 at 6%; with 50% employer match about $239,003 at 4% or $159,335 at 6%; with 100% employer match about $179,252 at 4% or $119,501 at 6%.
201227$1,310,863$200,260$28,609iApproximate average salary by contribution assumption: employee only about $715,214 at 4% or $476,810 at 6%; with 50% employer match about $476,810 at 4% or $317,873 at 6%; with 100% employer match about $357,607 at 4% or $238,405 at 6%.
PROFITA & ASSOCIATES LLC CASH BALANCE PLAN-6$725,123$115,000$19,167iApproximate average salary by contribution assumption: employee only about $479,167 at 4% or $319,444 at 6%; with 50% employer match about $319,444 at 4% or $212,963 at 6%; with 100% employer match about $239,583 at 4% or $159,722 at 6%.
Profita & Associates LLC 401K Plan-7$585,740$85,260$12,180iApproximate average salary by contribution assumption: employee only about $304,500 at 4% or $203,000 at 6%; with 50% employer match about $203,000 at 4% or $135,333 at 6%; with 100% employer match about $152,250 at 4% or $101,500 at 6%.
201127$1,028,990$227,673$32,525iApproximate average salary by contribution assumption: employee only about $813,118 at 4% or $542,079 at 6%; with 50% employer match about $542,079 at 4% or $361,386 at 6%; with 100% employer match about $406,559 at 4% or $271,039 at 6%.
PROFITA & ASSOCIATES LLC CASH BALANCE PLAN-6$571,275$149,000$24,833iApproximate average salary by contribution assumption: employee only about $620,833 at 4% or $413,889 at 6%; with 50% employer match about $413,889 at 4% or $275,926 at 6%; with 100% employer match about $310,417 at 4% or $206,944 at 6%.
Profita & Associates LLC 401K Plan-7$457,715$78,673$11,239iApproximate average salary by contribution assumption: employee only about $280,975 at 4% or $187,317 at 6%; with 50% employer match about $187,317 at 4% or $124,878 at 6%; with 100% employer match about $140,488 at 4% or $93,658 at 6%.
201026$793,112$291,021$48,504iApproximate average salary by contribution assumption: employee only about $1,212,588 at 4% or $808,392 at 6%; with 50% employer match about $808,392 at 4% or $538,928 at 6%; with 100% employer match about $606,294 at 4% or $404,196 at 6%.
PROFITA & ASSOCIATES LLC CASH BALANCE PLAN-6$416,481$202,575$33,763iApproximate average salary by contribution assumption: employee only about $844,063 at 4% or $562,708 at 6%; with 50% employer match about $562,708 at 4% or $375,139 at 6%; with 100% employer match about $422,031 at 4% or $281,354 at 6%.
Profita & Associates LLC 401K Plan-6$376,631$88,446$14,741iApproximate average salary by contribution assumption: employee only about $368,525 at 4% or $245,683 at 6%; with 50% employer match about $245,683 at 4% or $163,789 at 6%; with 100% employer match about $184,263 at 4% or $122,842 at 6%.
200927$477,727$294,992$42,142iApproximate average salary by contribution assumption: employee only about $1,053,543 at 4% or $702,362 at 6%; with 50% employer match about $702,362 at 4% or $468,241 at 6%; with 100% employer match about $526,771 at 4% or $351,181 at 6%.
Profita & Associates LLC 401K Plan-7$274,727$91,992$13,142iApproximate average salary by contribution assumption: employee only about $328,543 at 4% or $219,029 at 6%; with 50% employer match about $219,029 at 4% or $146,019 at 6%; with 100% employer match about $164,271 at 4% or $109,514 at 6%.
PROFITA & ASSOCIATES, LLC CASH BALANCE PLAN-6$203,000$203,000$33,833iApproximate average salary by contribution assumption: employee only about $845,833 at 4% or $563,889 at 6%; with 50% employer match about $563,889 at 4% or $375,926 at 6%; with 100% employer match about $422,917 at 4% or $281,944 at 6%.
200815$133,021$71,482$14,296iApproximate average salary by contribution assumption: employee only about $357,410 at 4% or $238,273 at 6%; with 50% employer match about $238,273 at 4% or $158,849 at 6%; with 100% employer match about $178,705 at 4% or $119,137 at 6%.
Profita & Associates LLC 401K Plan-5$133,021$71,482$14,296iApproximate average salary by contribution assumption: employee only about $357,410 at 4% or $238,273 at 6%; with 50% employer match about $238,273 at 4% or $158,849 at 6%; with 100% employer match about $178,705 at 4% or $119,137 at 6%.
200716$0$0-
Profita & Associates LLC 401K Plan-6---