Somerset Planning & Engineering LLC DBA Somerset Engineering
Plan context: Somerset Engineering 401K Plan
EIN 16-1670860 • 2 filings • 1 plans
Current Snapshot
Latest Year
2024
2024 Participants
15
2024 Assets
$2,461,507
2024 Contributions
$948,431
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 15 | $2,461,507 | $948,431 | $63,229iApproximate average salary by contribution assumption: employee only about $1,580,718 at 4% or $1,053,812 at 6%; with 50% employer match about $1,053,812 at 4% or $702,541 at 6%; with 100% employer match about $790,359 at 4% or $526,906 at 6%. |
| Somerset Engineering 401K Plan | - | 15 | $2,461,507 | $948,431 | $63,229iApproximate average salary by contribution assumption: employee only about $1,580,718 at 4% or $1,053,812 at 6%; with 50% employer match about $1,053,812 at 4% or $702,541 at 6%; with 100% employer match about $790,359 at 4% or $526,906 at 6%. |
| 2023 | 1 | 377 | $43,397,647 | $2,215,443 | $5,877iApproximate average salary by contribution assumption: employee only about $146,913 at 4% or $97,942 at 6%; with 50% employer match about $97,942 at 4% or $65,295 at 6%; with 100% employer match about $73,456 at 4% or $48,971 at 6%. |
| Somerset Engineering 401K Plan | - | 377 | $43,397,647 | $2,215,443 | $5,877iApproximate average salary by contribution assumption: employee only about $146,913 at 4% or $97,942 at 6%; with 50% employer match about $97,942 at 4% or $65,295 at 6%; with 100% employer match about $73,456 at 4% or $48,971 at 6%. |