Civic Intelligence

Encore Financial Group

Plan context: Encore Financial Group Retirement Plan

EIN 20-1924346 • Cheboygan, MI • 11 filings • 1 plans

10595 N Straits Hwy Suite 301Cheboygan, MI 49721
Current Snapshot

Latest Year

2024

2024 Participants

11

2024 Assets

$1,425,341

2024 Contributions

$32,013

Historical Graphs

Total Assets Over Time

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

$1,425,341$712,671$0201420192024YearValue
$1,425,341Latest year 2024

Participants Over Time

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

1260201420192024YearValue
11Latest 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
2024111$1,425,341$32,013$2,910iApproximate average salary by contribution assumption: employee only about $72,757 at 4% or $48,505 at 6%; with 50% employer match about $48,505 at 4% or $32,336 at 6%; with 100% employer match about $36,378 at 4% or $24,252 at 6%.
Encore Financial Group Retirement Plan-11$1,425,341$32,013$2,910iApproximate average salary by contribution assumption: employee only about $72,757 at 4% or $48,505 at 6%; with 50% employer match about $48,505 at 4% or $32,336 at 6%; with 100% employer match about $36,378 at 4% or $24,252 at 6%.
2023110$1,190,302$50,881$5,088iApproximate average salary by contribution assumption: employee only about $127,203 at 4% or $84,802 at 6%; with 50% employer match about $84,802 at 4% or $56,534 at 6%; with 100% employer match about $63,601 at 4% or $42,401 at 6%.
Encore Financial Group Retirement Plan-10$1,190,302$50,881$5,088iApproximate average salary by contribution assumption: employee only about $127,203 at 4% or $84,802 at 6%; with 50% employer match about $84,802 at 4% or $56,534 at 6%; with 100% employer match about $63,601 at 4% or $42,401 at 6%.
2022110$1,022,242$43,891$4,389iApproximate average salary by contribution assumption: employee only about $109,728 at 4% or $73,152 at 6%; with 50% employer match about $73,152 at 4% or $48,768 at 6%; with 100% employer match about $54,864 at 4% or $36,576 at 6%.
Encore Financial Group Retirement Plan-10$1,022,242$43,891$4,389iApproximate average salary by contribution assumption: employee only about $109,728 at 4% or $73,152 at 6%; with 50% employer match about $73,152 at 4% or $48,768 at 6%; with 100% employer match about $54,864 at 4% or $36,576 at 6%.
2021112$1,213,465$56,195$4,683iApproximate average salary by contribution assumption: employee only about $117,073 at 4% or $78,049 at 6%; with 50% employer match about $78,049 at 4% or $52,032 at 6%; with 100% employer match about $58,536 at 4% or $39,024 at 6%.
Encore Financial Group Retirement Plan-12$1,213,465$56,195$4,683iApproximate average salary by contribution assumption: employee only about $117,073 at 4% or $78,049 at 6%; with 50% employer match about $78,049 at 4% or $52,032 at 6%; with 100% employer match about $58,536 at 4% or $39,024 at 6%.
2020112$1,022,515$62,025$5,169iApproximate average salary by contribution assumption: employee only about $129,219 at 4% or $86,146 at 6%; with 50% employer match about $86,146 at 4% or $57,431 at 6%; with 100% employer match about $64,609 at 4% or $43,073 at 6%.
Encore Financial Group Retirement Plan-12$1,022,515$62,025$5,169iApproximate average salary by contribution assumption: employee only about $129,219 at 4% or $86,146 at 6%; with 50% employer match about $86,146 at 4% or $57,431 at 6%; with 100% employer match about $64,609 at 4% or $43,073 at 6%.
2019110$833,771$148,354$14,835iApproximate average salary by contribution assumption: employee only about $370,885 at 4% or $247,257 at 6%; with 50% employer match about $247,257 at 4% or $164,838 at 6%; with 100% employer match about $185,443 at 4% or $123,628 at 6%.
Encore Financial Group Retirement Plan-10$833,771$148,354$14,835iApproximate average salary by contribution assumption: employee only about $370,885 at 4% or $247,257 at 6%; with 50% employer match about $247,257 at 4% or $164,838 at 6%; with 100% employer match about $185,443 at 4% or $123,628 at 6%.
2018112$615,271$67,446$5,621iApproximate average salary by contribution assumption: employee only about $140,513 at 4% or $93,675 at 6%; with 50% employer match about $93,675 at 4% or $62,450 at 6%; with 100% employer match about $70,256 at 4% or $46,838 at 6%.
Encore Financial Group Retirement Plan-12$615,271$67,446$5,621iApproximate average salary by contribution assumption: employee only about $140,513 at 4% or $93,675 at 6%; with 50% employer match about $93,675 at 4% or $62,450 at 6%; with 100% employer match about $70,256 at 4% or $46,838 at 6%.
201719$622,873$80,541$8,949iApproximate average salary by contribution assumption: employee only about $223,725 at 4% or $149,150 at 6%; with 50% employer match about $149,150 at 4% or $99,433 at 6%; with 100% employer match about $111,863 at 4% or $74,575 at 6%.
Encore Financial Group Retirement Plan-9$622,873$80,541$8,949iApproximate average salary by contribution assumption: employee only about $223,725 at 4% or $149,150 at 6%; with 50% employer match about $149,150 at 4% or $99,433 at 6%; with 100% employer match about $111,863 at 4% or $74,575 at 6%.
201618$461,735$75,686$9,461iApproximate average salary by contribution assumption: employee only about $236,519 at 4% or $157,679 at 6%; with 50% employer match about $157,679 at 4% or $105,119 at 6%; with 100% employer match about $118,259 at 4% or $78,840 at 6%.
Encore Financial Group Retirement Plan-8$461,735$75,686$9,461iApproximate average salary by contribution assumption: employee only about $236,519 at 4% or $157,679 at 6%; with 50% employer match about $157,679 at 4% or $105,119 at 6%; with 100% employer match about $118,259 at 4% or $78,840 at 6%.
201519$355,667$82,427$9,159iApproximate average salary by contribution assumption: employee only about $228,964 at 4% or $152,643 at 6%; with 50% employer match about $152,643 at 4% or $101,762 at 6%; with 100% employer match about $114,482 at 4% or $76,321 at 6%.
Encore Financial Group Retirement Plan-9$355,667$82,427$9,159iApproximate average salary by contribution assumption: employee only about $228,964 at 4% or $152,643 at 6%; with 50% employer match about $152,643 at 4% or $101,762 at 6%; with 100% employer match about $114,482 at 4% or $76,321 at 6%.
201418$320,283$322,169$40,271iApproximate average salary by contribution assumption: employee only about $1,006,778 at 4% or $671,185 at 6%; with 50% employer match about $671,185 at 4% or $447,457 at 6%; with 100% employer match about $503,389 at 4% or $335,593 at 6%.
Encore Financial Group Retirement Plan-8$320,283$322,169$40,271iApproximate average salary by contribution assumption: employee only about $1,006,778 at 4% or $671,185 at 6%; with 50% employer match about $671,185 at 4% or $447,457 at 6%; with 100% employer match about $503,389 at 4% or $335,593 at 6%.
Encore Financial Group | EIN 20-1924346 | 2024 Form 5500 Company Profile