Civic Intelligence

Covergence Inc.

Plan context: Covergence Inc. 401(K) Plan

EIN 20-0474098 • Maynard, MA • 6 filings • 2 plans

One Clock TowerSuite 200Maynard, MA 01754
Current Snapshot

Latest Year

2009

2009 Participants

79

2009 Assets

$1,516,441

2009 Contributions

$188,937

Historical Graphs

Total Assets Over Time

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

$1,796,497$898,249$0200420062008YearValue
$1,516,441Latest year 2008

Participants Over Time

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

79400200420062008YearValue
79Latest year 2008

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
200910$0$188,937-
Covergence Inc. 401(K) Plan-0-$188,937-
2008179$1,516,441$571,422$7,233iApproximate average salary by contribution assumption: employee only about $180,830 at 4% or $120,553 at 6%; with 50% employer match about $120,553 at 4% or $80,369 at 6%; with 100% employer match about $90,415 at 4% or $60,277 at 6%.
Covergence Inc. 401(K) Plan-79$1,516,441$571,422$7,233iApproximate average salary by contribution assumption: employee only about $180,830 at 4% or $120,553 at 6%; with 50% employer match about $120,553 at 4% or $80,369 at 6%; with 100% employer match about $90,415 at 4% or $60,277 at 6%.
2007172$1,796,497$739,659$10,273iApproximate average salary by contribution assumption: employee only about $256,826 at 4% or $171,217 at 6%; with 50% employer match about $171,217 at 4% or $114,145 at 6%; with 100% employer match about $128,413 at 4% or $85,609 at 6%.
Covergence Inc. 401(K) Plan-72$1,796,497$739,659$10,273iApproximate average salary by contribution assumption: employee only about $256,826 at 4% or $171,217 at 6%; with 50% employer match about $171,217 at 4% or $114,145 at 6%; with 100% employer match about $128,413 at 4% or $85,609 at 6%.
2006160$980,360$507,602$8,460iApproximate average salary by contribution assumption: employee only about $211,501 at 4% or $141,001 at 6%; with 50% employer match about $141,001 at 4% or $94,000 at 6%; with 100% employer match about $105,750 at 4% or $70,500 at 6%.
Covergence Inc. 401(K) Plan-60$980,360$507,602$8,460iApproximate average salary by contribution assumption: employee only about $211,501 at 4% or $141,001 at 6%; with 50% employer match about $141,001 at 4% or $94,000 at 6%; with 100% employer match about $105,750 at 4% or $70,500 at 6%.
2005150$430,725$293,766$5,875iApproximate average salary by contribution assumption: employee only about $146,883 at 4% or $97,922 at 6%; with 50% employer match about $97,922 at 4% or $65,281 at 6%; with 100% employer match about $73,442 at 4% or $48,961 at 6%.
Covergence Inc. 401(K) Plan-50$430,725$293,766$5,875iApproximate average salary by contribution assumption: employee only about $146,883 at 4% or $97,922 at 6%; with 50% employer match about $97,922 at 4% or $65,281 at 6%; with 100% employer match about $73,442 at 4% or $48,961 at 6%.
2004123$106,864$101,038$4,393iApproximate average salary by contribution assumption: employee only about $109,824 at 4% or $73,216 at 6%; with 50% employer match about $73,216 at 4% or $48,811 at 6%; with 100% employer match about $54,912 at 4% or $36,608 at 6%.
Covergence Inc. 401(K) Plan-23$106,864$101,038$4,393iApproximate average salary by contribution assumption: employee only about $109,824 at 4% or $73,216 at 6%; with 50% employer match about $73,216 at 4% or $48,811 at 6%; with 100% employer match about $54,912 at 4% or $36,608 at 6%.