Civic Intelligence

Somero Enterprises Inc.

Plan context: Somero Enterprises Inc 401(K) Profit Sharing Plan & Trust

EIN 20-3225968 • Houghton, MI • 33 filings • 10 plans

PO Box 309Houghton, MI 49931
Current Snapshot

Latest Year

2024

2024 Participants

147

2024 Assets

$23,966,597

2024 Contributions

$2,444,724

Historical Graphs

Total Assets Over Time

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

$23,966,597$11,983,299$0200720162024YearValue
$23,966,597Latest year 2024

Participants Over Time

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

184920200620152024YearValue
147Latest 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
20242147$23,966,597$2,444,724$16,631iApproximate average salary by contribution assumption: employee only about $415,769 at 4% or $277,180 at 6%; with 50% employer match about $277,180 at 4% or $184,786 at 6%; with 100% employer match about $207,885 at 4% or $138,590 at 6%.
Somero Enterprises Inc 401(K) Profit Sharing Plan & Trust-147$23,966,597$2,444,724$16,631iApproximate average salary by contribution assumption: employee only about $415,769 at 4% or $277,180 at 6%; with 50% employer match about $277,180 at 4% or $184,786 at 6%; with 100% employer match about $207,885 at 4% or $138,590 at 6%.
Somero Enterprises Inc. Employee Benefits Plan-146---
20232172$21,501,273$2,683,875$15,604iApproximate average salary by contribution assumption: employee only about $390,098 at 4% or $260,065 at 6%; with 50% employer match about $260,065 at 4% or $173,377 at 6%; with 100% employer match about $195,049 at 4% or $130,033 at 6%.
Somero Enterprises Inc 401(K) Profit Sharing Plan & Trust-172$21,501,273$2,683,875$15,604iApproximate average salary by contribution assumption: employee only about $390,098 at 4% or $260,065 at 6%; with 50% employer match about $260,065 at 4% or $173,377 at 6%; with 100% employer match about $195,049 at 4% or $130,033 at 6%.
Somero Enterprises Inc. Employee Benefits Plan-171---
20222184$17,084,175$2,356,465$12,807iApproximate average salary by contribution assumption: employee only about $320,172 at 4% or $213,448 at 6%; with 50% employer match about $213,448 at 4% or $142,299 at 6%; with 100% employer match about $160,086 at 4% or $106,724 at 6%.
Somero Enterprises Inc 401(K) Profit Sharing Plan & Trust-184$17,084,175$2,356,465$12,807iApproximate average salary by contribution assumption: employee only about $320,172 at 4% or $213,448 at 6%; with 50% employer match about $213,448 at 4% or $142,299 at 6%; with 100% employer match about $160,086 at 4% or $106,724 at 6%.
Somero Enterprises Inc. Employee Benefits Plan-184---
20212178$18,180,198$2,110,586$11,857iApproximate average salary by contribution assumption: employee only about $296,431 at 4% or $197,620 at 6%; with 50% employer match about $197,620 at 4% or $131,747 at 6%; with 100% employer match about $148,215 at 4% or $98,810 at 6%.
Somero Enterprises Inc 401(K) Profit Sharing Plan & Trust-178$18,180,198$2,110,586$11,857iApproximate average salary by contribution assumption: employee only about $296,431 at 4% or $197,620 at 6%; with 50% employer match about $197,620 at 4% or $131,747 at 6%; with 100% employer match about $148,215 at 4% or $98,810 at 6%.
Somero Enterprises Inc. Employee Benefits Plan-174---
20202144$14,602,026$2,585,818$17,957iApproximate average salary by contribution assumption: employee only about $448,927 at 4% or $299,284 at 6%; with 50% employer match about $299,284 at 4% or $199,523 at 6%; with 100% employer match about $224,463 at 4% or $149,642 at 6%.
Somero Enterprises Inc 401(K) Profit Sharing Plan & Trust-144$14,602,026$2,585,818$17,957iApproximate average salary by contribution assumption: employee only about $448,927 at 4% or $299,284 at 6%; with 50% employer match about $299,284 at 4% or $199,523 at 6%; with 100% employer match about $224,463 at 4% or $149,642 at 6%.
Somero Enterprises Inc. Employee Benefits Plan-143---
20192147$10,740,776$2,247,851$15,292iApproximate average salary by contribution assumption: employee only about $382,288 at 4% or $254,858 at 6%; with 50% employer match about $254,858 at 4% or $169,906 at 6%; with 100% employer match about $191,144 at 4% or $127,429 at 6%.
Somero Enterprises Inc 401(K) Profit Sharing Plan & Trust-147$10,740,776$2,247,851$15,292iApproximate average salary by contribution assumption: employee only about $382,288 at 4% or $254,858 at 6%; with 50% employer match about $254,858 at 4% or $169,906 at 6%; with 100% employer match about $191,144 at 4% or $127,429 at 6%.
Somero Enterprises Inc. Employee Benefits Plan-146---
20183152$14,579,208$2,774,724$18,255iApproximate average salary by contribution assumption: employee only about $456,369 at 4% or $304,246 at 6%; with 50% employer match about $304,246 at 4% or $202,831 at 6%; with 100% employer match about $228,185 at 4% or $152,123 at 6%.
Somero Enterprises Inc 401(K) Profit Sharing Plan & Trust-152$7,289,604$1,387,362$9,127iApproximate average salary by contribution assumption: employee only about $228,185 at 4% or $152,123 at 6%; with 50% employer match about $152,123 at 4% or $101,415 at 6%; with 100% employer match about $114,092 at 4% or $76,062 at 6%.
Somero Enterprises Inc 401(K) Profit Sharing Plan & Trust-152$7,289,604$1,387,362$9,127iApproximate average salary by contribution assumption: employee only about $228,185 at 4% or $152,123 at 6%; with 50% employer match about $152,123 at 4% or $101,415 at 6%; with 100% employer match about $114,092 at 4% or $76,062 at 6%.
Somero Enterprises Inc. Employee Benefits Plan-152---
20172147$6,810,469$1,294,037$8,803iApproximate average salary by contribution assumption: employee only about $220,074 at 4% or $146,716 at 6%; with 50% employer match about $146,716 at 4% or $97,811 at 6%; with 100% employer match about $110,037 at 4% or $73,358 at 6%.
Somero Enterprises Inc 401(K) Profit Sharing Plan & Trust-147$6,810,469$1,294,037$8,803iApproximate average salary by contribution assumption: employee only about $220,074 at 4% or $146,716 at 6%; with 50% employer match about $146,716 at 4% or $97,811 at 6%; with 100% employer match about $110,037 at 4% or $73,358 at 6%.
Somero Enterprises Inc. Employee Benefits Plan-141---
20162143$4,843,309$921,304$6,443iApproximate average salary by contribution assumption: employee only about $161,067 at 4% or $107,378 at 6%; with 50% employer match about $107,378 at 4% or $71,585 at 6%; with 100% employer match about $80,534 at 4% or $53,689 at 6%.
Somero Enterprises Inc 401(K) Profit Sharing Plan & Trust-143$4,843,309$921,304$6,443iApproximate average salary by contribution assumption: employee only about $161,067 at 4% or $107,378 at 6%; with 50% employer match about $107,378 at 4% or $71,585 at 6%; with 100% employer match about $80,534 at 4% or $53,689 at 6%.
Somero Enterprises Inc. Employee Benefits Plan-141---
20152135$4,005,965$858,743$6,361iApproximate average salary by contribution assumption: employee only about $159,026 at 4% or $106,018 at 6%; with 50% employer match about $106,018 at 4% or $70,678 at 6%; with 100% employer match about $79,513 at 4% or $53,009 at 6%.
Somero Enterprises Inc 401(K) Profit Sharing Plan & Trust-135$4,005,965$858,743$6,361iApproximate average salary by contribution assumption: employee only about $159,026 at 4% or $106,018 at 6%; with 50% employer match about $106,018 at 4% or $70,678 at 6%; with 100% employer match about $79,513 at 4% or $53,009 at 6%.
Somero Enterprises Inc. Employee Benefits Plan-134---
20141124$3,645,935$689,402$5,560iApproximate average salary by contribution assumption: employee only about $138,992 at 4% or $92,662 at 6%; with 50% employer match about $92,662 at 4% or $61,774 at 6%; with 100% employer match about $69,496 at 4% or $46,331 at 6%.
Somero Enterprises Inc 401(K) Profit Sharing Plan & Trust-124$3,645,935$689,402$5,560iApproximate average salary by contribution assumption: employee only about $138,992 at 4% or $92,662 at 6%; with 50% employer match about $92,662 at 4% or $61,774 at 6%; with 100% employer match about $69,496 at 4% or $46,331 at 6%.
2013182$2,976,904$525,568$6,409iApproximate average salary by contribution assumption: employee only about $160,234 at 4% or $106,823 at 6%; with 50% employer match about $106,823 at 4% or $71,215 at 6%; with 100% employer match about $80,117 at 4% or $53,411 at 6%.
Somero Enterprises Inc 401(K) Profit Sharing Plan & Trust-82$2,976,904$525,568$6,409iApproximate average salary by contribution assumption: employee only about $160,234 at 4% or $106,823 at 6%; with 50% employer match about $106,823 at 4% or $71,215 at 6%; with 100% employer match about $80,117 at 4% or $53,411 at 6%.
2012182$2,080,324$354,659$4,325iApproximate average salary by contribution assumption: employee only about $108,128 at 4% or $72,085 at 6%; with 50% employer match about $72,085 at 4% or $48,057 at 6%; with 100% employer match about $54,064 at 4% or $36,043 at 6%.
Somero Enterprises Inc 401(K) Profit Sharing Plan & Trust-82$2,080,324$354,659$4,325iApproximate average salary by contribution assumption: employee only about $108,128 at 4% or $72,085 at 6%; with 50% employer match about $72,085 at 4% or $48,057 at 6%; with 100% employer match about $54,064 at 4% or $36,043 at 6%.
2011151$1,515,621$120,128$2,355iApproximate average salary by contribution assumption: employee only about $58,886 at 4% or $39,258 at 6%; with 50% employer match about $39,258 at 4% or $26,172 at 6%; with 100% employer match about $29,443 at 4% or $19,629 at 6%.
Somero Enterprises Inc 401(K) Profit Sharing Plan & Trust-51$1,515,621$120,128$2,355iApproximate average salary by contribution assumption: employee only about $58,886 at 4% or $39,258 at 6%; with 50% employer match about $39,258 at 4% or $26,172 at 6%; with 100% employer match about $29,443 at 4% or $19,629 at 6%.
2010156$1,854,836$105,518$1,884iApproximate average salary by contribution assumption: employee only about $47,106 at 4% or $31,404 at 6%; with 50% employer match about $31,404 at 4% or $20,936 at 6%; with 100% employer match about $23,553 at 4% or $15,702 at 6%.
Somero Enterprises Inc 401(K) Profit Sharing Plan & Trust-56$1,854,836$105,518$1,884iApproximate average salary by contribution assumption: employee only about $47,106 at 4% or $31,404 at 6%; with 50% employer match about $31,404 at 4% or $20,936 at 6%; with 100% employer match about $23,553 at 4% or $15,702 at 6%.
2009156$1,855,929$320,942$5,731iApproximate average salary by contribution assumption: employee only about $143,278 at 4% or $95,518 at 6%; with 50% employer match about $95,518 at 4% or $63,679 at 6%; with 100% employer match about $71,639 at 4% or $47,759 at 6%.
Somero Enterprises Inc 401(K) Profit Sharing Plan & Trust-56$1,855,929$320,942$5,731iApproximate average salary by contribution assumption: employee only about $143,278 at 4% or $95,518 at 6%; with 50% employer match about $95,518 at 4% or $63,679 at 6%; with 100% employer match about $71,639 at 4% or $47,759 at 6%.
2008376$1,534,883$813,044$10,698iApproximate average salary by contribution assumption: employee only about $267,449 at 4% or $178,299 at 6%; with 50% employer match about $178,299 at 4% or $118,866 at 6%; with 100% employer match about $133,724 at 4% or $89,150 at 6%.
Somero Enterprises Inc 401(K) Profit Sharing Plan & Trust-73$1,534,883$813,044$11,138iApproximate average salary by contribution assumption: employee only about $278,440 at 4% or $185,626 at 6%; with 50% employer match about $185,626 at 4% or $123,751 at 6%; with 100% employer match about $139,220 at 4% or $92,813 at 6%.
SOMERO ENTERPRISES INC LIFE AND DISABILITY INSURANCE PLAN-40---
SOMERO ENTERPRISES INC HEALTH INSURANCE PLAN-76---
20072124$1,667,269$625,352$5,043iApproximate average salary by contribution assumption: employee only about $126,079 at 4% or $84,053 at 6%; with 50% employer match about $84,053 at 4% or $56,035 at 6%; with 100% employer match about $63,040 at 4% or $42,026 at 6%.
Somero Enterprises Inc 401(K) Profit Sharing Plan & Trust-124$1,667,269$625,352$5,043iApproximate average salary by contribution assumption: employee only about $126,079 at 4% or $84,053 at 6%; with 50% employer match about $84,053 at 4% or $56,035 at 6%; with 100% employer match about $63,040 at 4% or $42,026 at 6%.
SOMERO ENTERPRISES INC LIFE AND DISABILITY INSURANCE PLAN-100---
20061108$0$0-
Somero Enterprises Inc 401(K) Profit Sharing Plan & Trust-108---