Civic Intelligence

Joel D. Matthews, Mba, Chfc(R), Crpc(R), Clu(R), Apma(R), Awma(R)

Plan context: Joel D. Matthews 401(K) Profit Sharing Plan

EIN 16-1662004 • Canfield, OH • 30 filings • 3 plans

4137 Boardman-canfield Rd., 109Canfield, OH 44406
Current Snapshot

Latest Year

2024

2024 Participants

6

2024 Assets

$7,161,840

2024 Contributions

$3,264,802

Historical Graphs

Total Assets Over Time

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

$7,161,840$3,580,920$0200320152024YearValue
$7,161,840Latest year 2024

Participants Over Time

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

630200320152024YearValue
6Latest 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
202426$7,161,840$3,264,802$544,134iApproximate average salary by contribution assumption: employee only about $13,603,342 at 4% or $9,068,894 at 6%; with 50% employer match about $9,068,894 at 4% or $6,045,930 at 6%; with 100% employer match about $6,801,671 at 4% or $4,534,447 at 6%.
Joel D. Matthews 401(K) Profit Sharing Plan-6$7,161,840$3,264,802$544,134iApproximate average salary by contribution assumption: employee only about $13,603,342 at 4% or $9,068,894 at 6%; with 50% employer match about $9,068,894 at 4% or $6,045,930 at 6%; with 100% employer match about $6,801,671 at 4% or $4,534,447 at 6%.
JOEL D. MATTHEWS CASH BALANCE PLAN-0$0--
202326$5,829,599$687,621$114,604iApproximate average salary by contribution assumption: employee only about $2,865,088 at 4% or $1,910,058 at 6%; with 50% employer match about $1,910,058 at 4% or $1,273,372 at 6%; with 100% employer match about $1,432,544 at 4% or $955,029 at 6%.
Joel D. Matthews 401(K) Profit Sharing Plan-6$3,098,257$107,800$17,967iApproximate average salary by contribution assumption: employee only about $449,167 at 4% or $299,444 at 6%; with 50% employer match about $299,444 at 4% or $199,630 at 6%; with 100% employer match about $224,583 at 4% or $149,722 at 6%.
JOEL D. MATTHEWS CASH BALANCE PLAN-3$2,731,342$579,821$193,274iApproximate average salary by contribution assumption: employee only about $4,831,842 at 4% or $3,221,228 at 6%; with 50% employer match about $3,221,228 at 4% or $2,147,485 at 6%; with 100% employer match about $2,415,921 at 4% or $1,610,614 at 6%.
202226$4,639,749$340,940$56,823iApproximate average salary by contribution assumption: employee only about $1,420,583 at 4% or $947,056 at 6%; with 50% employer match about $947,056 at 4% or $631,370 at 6%; with 100% employer match about $710,292 at 4% or $473,528 at 6%.
Joel D. Matthews 401(K) Profit Sharing Plan-6$2,488,228$120,940$20,157iApproximate average salary by contribution assumption: employee only about $503,917 at 4% or $335,944 at 6%; with 50% employer match about $335,944 at 4% or $223,963 at 6%; with 100% employer match about $251,958 at 4% or $167,972 at 6%.
JOEL D. MATTHEWS CASH BALANCE PLAN-3$2,151,521$220,000$73,333iApproximate average salary by contribution assumption: employee only about $1,833,333 at 4% or $1,222,222 at 6%; with 50% employer match about $1,222,222 at 4% or $814,815 at 6%; with 100% employer match about $916,667 at 4% or $611,111 at 6%.
202126$5,263,213$209,601$34,934iApproximate average salary by contribution assumption: employee only about $873,338 at 4% or $582,225 at 6%; with 50% employer match about $582,225 at 4% or $388,150 at 6%; with 100% employer match about $436,669 at 4% or $291,113 at 6%.
Joel D. Matthews 401(K) Profit Sharing Plan-6$2,886,411$116,875$19,479iApproximate average salary by contribution assumption: employee only about $486,979 at 4% or $324,653 at 6%; with 50% employer match about $324,653 at 4% or $216,435 at 6%; with 100% employer match about $243,490 at 4% or $162,326 at 6%.
JOEL D. MATTHEWS CASH BALANCE PLAN-3$2,376,802$92,726$30,909iApproximate average salary by contribution assumption: employee only about $772,717 at 4% or $515,144 at 6%; with 50% employer match about $515,144 at 4% or $343,430 at 6%; with 100% employer match about $386,358 at 4% or $257,572 at 6%.
202026$4,248,092$226,001$37,667iApproximate average salary by contribution assumption: employee only about $941,671 at 4% or $627,781 at 6%; with 50% employer match about $627,781 at 4% or $418,520 at 6%; with 100% employer match about $470,835 at 4% or $313,890 at 6%.
Joel D. Matthews 401(K) Profit Sharing Plan-6$2,309,439$94,426$15,738iApproximate average salary by contribution assumption: employee only about $393,442 at 4% or $262,294 at 6%; with 50% employer match about $262,294 at 4% or $174,863 at 6%; with 100% employer match about $196,721 at 4% or $131,147 at 6%.
JOEL D. MATTHEWS CASH BALANCE PLAN-3$1,938,653$131,575$43,858iApproximate average salary by contribution assumption: employee only about $1,096,458 at 4% or $730,972 at 6%; with 50% employer match about $730,972 at 4% or $487,315 at 6%; with 100% employer match about $548,229 at 4% or $365,486 at 6%.
201924$3,436,632$611,418$152,855iApproximate average salary by contribution assumption: employee only about $3,821,363 at 4% or $2,547,575 at 6%; with 50% employer match about $2,547,575 at 4% or $1,698,383 at 6%; with 100% employer match about $1,910,681 at 4% or $1,273,788 at 6%.
Joel D. Matthews 401(K) Profit Sharing Plan-4$1,845,333$292,418$73,105iApproximate average salary by contribution assumption: employee only about $1,827,613 at 4% or $1,218,408 at 6%; with 50% employer match about $1,218,408 at 4% or $812,272 at 6%; with 100% employer match about $913,806 at 4% or $609,204 at 6%.
JOEL D. MATTHEWS CASH BALANCE PLAN-3$1,591,299$319,000$106,333iApproximate average salary by contribution assumption: employee only about $2,658,333 at 4% or $1,772,222 at 6%; with 50% employer match about $1,772,222 at 4% or $1,181,481 at 6%; with 100% employer match about $1,329,167 at 4% or $886,111 at 6%.
201824$2,303,906$526,160$131,540iApproximate average salary by contribution assumption: employee only about $3,288,500 at 4% or $2,192,333 at 6%; with 50% employer match about $2,192,333 at 4% or $1,461,556 at 6%; with 100% employer match about $1,644,250 at 4% or $1,096,167 at 6%.
Joel D. Matthews 401(K) Profit Sharing Plan-4$1,220,911$76,160$19,040iApproximate average salary by contribution assumption: employee only about $476,000 at 4% or $317,333 at 6%; with 50% employer match about $317,333 at 4% or $211,556 at 6%; with 100% employer match about $238,000 at 4% or $158,667 at 6%.
JOEL D. MATTHEWS CASH BALANCE PLAN-3$1,082,995$450,000$150,000iApproximate average salary by contribution assumption: employee only about $3,750,000 at 4% or $2,500,000 at 6%; with 50% employer match about $2,500,000 at 4% or $1,666,667 at 6%; with 100% employer match about $1,875,000 at 4% or $1,250,000 at 6%.
201724$1,967,989$228,442$57,111iApproximate average salary by contribution assumption: employee only about $1,427,763 at 4% or $951,842 at 6%; with 50% employer match about $951,842 at 4% or $634,561 at 6%; with 100% employer match about $713,881 at 4% or $475,921 at 6%.
Joel D. Matthews 401(K) Profit Sharing Plan-4$1,276,491$68,442$17,111iApproximate average salary by contribution assumption: employee only about $427,763 at 4% or $285,175 at 6%; with 50% employer match about $285,175 at 4% or $190,117 at 6%; with 100% employer match about $213,881 at 4% or $142,588 at 6%.
JOEL D. MATTHEWS CASH BALANCE PLAN-3$691,498$160,000$53,333iApproximate average salary by contribution assumption: employee only about $1,333,333 at 4% or $888,889 at 6%; with 50% employer match about $888,889 at 4% or $592,593 at 6%; with 100% employer match about $666,667 at 4% or $444,444 at 6%.
201623$1,578,190$203,168$67,723iApproximate average salary by contribution assumption: employee only about $1,693,067 at 4% or $1,128,711 at 6%; with 50% employer match about $1,128,711 at 4% or $752,474 at 6%; with 100% employer match about $846,533 at 4% or $564,356 at 6%.
Joel D. Matthews 401(K) Profit Sharing Plan-3$1,096,966$63,718$21,239iApproximate average salary by contribution assumption: employee only about $530,983 at 4% or $353,989 at 6%; with 50% employer match about $353,989 at 4% or $235,993 at 6%; with 100% employer match about $265,492 at 4% or $176,994 at 6%.
JOEL D. MATTHEWS CASH BALANCE PLAN-3$481,224$139,450$46,483iApproximate average salary by contribution assumption: employee only about $1,162,083 at 4% or $774,722 at 6%; with 50% employer match about $774,722 at 4% or $516,481 at 6%; with 100% employer match about $581,042 at 4% or $387,361 at 6%.
201523$1,172,339$207,245$69,082iApproximate average salary by contribution assumption: employee only about $1,727,042 at 4% or $1,151,361 at 6%; with 50% employer match about $1,151,361 at 4% or $767,574 at 6%; with 100% employer match about $863,521 at 4% or $575,681 at 6%.
Joel D. Matthews 401(K) Profit Sharing Plan-3$880,922$60,629$20,210iApproximate average salary by contribution assumption: employee only about $505,242 at 4% or $336,828 at 6%; with 50% employer match about $336,828 at 4% or $224,552 at 6%; with 100% employer match about $252,621 at 4% or $168,414 at 6%.
JOEL D. MATTHEWS CASH BALANCE PLAN-2$291,417$146,616$73,308iApproximate average salary by contribution assumption: employee only about $1,832,700 at 4% or $1,221,800 at 6%; with 50% employer match about $1,221,800 at 4% or $814,533 at 6%; with 100% employer match about $916,350 at 4% or $610,900 at 6%.
201411$135,638$135,638$135,638iApproximate average salary by contribution assumption: employee only about $3,390,950 at 4% or $2,260,633 at 6%; with 50% employer match about $2,260,633 at 4% or $1,507,089 at 6%; with 100% employer match about $1,695,475 at 4% or $1,130,317 at 6%.
JOEL D. MATTHEWS CASH BALANCE PLAN-1$135,638$135,638$135,638iApproximate average salary by contribution assumption: employee only about $3,390,950 at 4% or $2,260,633 at 6%; with 50% employer match about $2,260,633 at 4% or $1,507,089 at 6%; with 100% employer match about $1,695,475 at 4% or $1,130,317 at 6%.
201111$609,743$49,000$49,000iApproximate average salary by contribution assumption: employee only about $1,225,000 at 4% or $816,667 at 6%; with 50% employer match about $816,667 at 4% or $544,444 at 6%; with 100% employer match about $612,500 at 4% or $408,333 at 6%.
Joel D. Matthews 401(K) Profit Sharing Plan-1$609,743$49,000$49,000iApproximate average salary by contribution assumption: employee only about $1,225,000 at 4% or $816,667 at 6%; with 50% employer match about $816,667 at 4% or $544,444 at 6%; with 100% employer match about $612,500 at 4% or $408,333 at 6%.
201014$579,764$56,065$14,016iApproximate average salary by contribution assumption: employee only about $350,406 at 4% or $233,604 at 6%; with 50% employer match about $233,604 at 4% or $155,736 at 6%; with 100% employer match about $175,203 at 4% or $116,802 at 6%.
Joel D. Matthews 401(K) Profit Sharing Plan-4$579,764$56,065$14,016iApproximate average salary by contribution assumption: employee only about $350,406 at 4% or $233,604 at 6%; with 50% employer match about $233,604 at 4% or $155,736 at 6%; with 100% employer match about $175,203 at 4% or $116,802 at 6%.
200913$423,885$52,819$17,606iApproximate average salary by contribution assumption: employee only about $440,158 at 4% or $293,439 at 6%; with 50% employer match about $293,439 at 4% or $195,626 at 6%; with 100% employer match about $220,079 at 4% or $146,719 at 6%.
Joel D. Matthews 401(K) Profit Sharing Plan-3$423,885$52,819$17,606iApproximate average salary by contribution assumption: employee only about $440,158 at 4% or $293,439 at 6%; with 50% employer match about $293,439 at 4% or $195,626 at 6%; with 100% employer match about $220,079 at 4% or $146,719 at 6%.
200812$247,133$49,599$24,800iApproximate average salary by contribution assumption: employee only about $619,988 at 4% or $413,325 at 6%; with 50% employer match about $413,325 at 4% or $275,550 at 6%; with 100% employer match about $309,994 at 4% or $206,663 at 6%.
Joel D. Matthews 401(K) Profit Sharing Plan-2$247,133$49,599$24,800iApproximate average salary by contribution assumption: employee only about $619,988 at 4% or $413,325 at 6%; with 50% employer match about $413,325 at 4% or $275,550 at 6%; with 100% employer match about $309,994 at 4% or $206,663 at 6%.
200713$373,535$49,700$16,567iApproximate average salary by contribution assumption: employee only about $414,167 at 4% or $276,111 at 6%; with 50% employer match about $276,111 at 4% or $184,074 at 6%; with 100% employer match about $207,083 at 4% or $138,056 at 6%.
Joel D. Matthews 401(K) Profit Sharing Plan-3$373,535$49,700$16,567iApproximate average salary by contribution assumption: employee only about $414,167 at 4% or $276,111 at 6%; with 50% employer match about $276,111 at 4% or $184,074 at 6%; with 100% employer match about $207,083 at 4% or $138,056 at 6%.
200612$362,039$47,234$23,617iApproximate average salary by contribution assumption: employee only about $590,425 at 4% or $393,617 at 6%; with 50% employer match about $393,617 at 4% or $262,411 at 6%; with 100% employer match about $295,213 at 4% or $196,808 at 6%.
Joel D. Matthews 401(K) Profit Sharing Plan-2$362,039$47,234$23,617iApproximate average salary by contribution assumption: employee only about $590,425 at 4% or $393,617 at 6%; with 50% employer match about $393,617 at 4% or $262,411 at 6%; with 100% employer match about $295,213 at 4% or $196,808 at 6%.
200512$275,127$45,038$22,519iApproximate average salary by contribution assumption: employee only about $562,975 at 4% or $375,317 at 6%; with 50% employer match about $375,317 at 4% or $250,211 at 6%; with 100% employer match about $281,488 at 4% or $187,658 at 6%.
Joel D. Matthews 401(K) Profit Sharing Plan-2$275,127$45,038$22,519iApproximate average salary by contribution assumption: employee only about $562,975 at 4% or $375,317 at 6%; with 50% employer match about $375,317 at 4% or $250,211 at 6%; with 100% employer match about $281,488 at 4% or $187,658 at 6%.
200412$225,215$43,812$21,906iApproximate average salary by contribution assumption: employee only about $547,650 at 4% or $365,100 at 6%; with 50% employer match about $365,100 at 4% or $243,400 at 6%; with 100% employer match about $273,825 at 4% or $182,550 at 6%.
Joel D. Matthews 401(K) Profit Sharing Plan-2$225,215$43,812$21,906iApproximate average salary by contribution assumption: employee only about $547,650 at 4% or $365,100 at 6%; with 50% employer match about $365,100 at 4% or $243,400 at 6%; with 100% employer match about $273,825 at 4% or $182,550 at 6%.
200312$158,677$42,254$21,127iApproximate average salary by contribution assumption: employee only about $528,175 at 4% or $352,117 at 6%; with 50% employer match about $352,117 at 4% or $234,744 at 6%; with 100% employer match about $264,088 at 4% or $176,058 at 6%.
Joel D. Matthews 401(K) Profit Sharing Plan-2$158,677$42,254$21,127iApproximate average salary by contribution assumption: employee only about $528,175 at 4% or $352,117 at 6%; with 50% employer match about $352,117 at 4% or $234,744 at 6%; with 100% employer match about $264,088 at 4% or $176,058 at 6%.