Michal'S Imports Ltd.
Plan context: Michal'S Imports Ltd. 401(K) Profit Sharing Plan
EIN 20-5009114 • Lincolnshire, IL • 21 filings • 3 plans
Current Snapshot
Latest Year
2023
2023 Participants
13
2023 Assets
$2,389,965
2023 Contributions
$21,378
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 |
|---|---|---|---|---|---|
| 2023 | 2 | 0 | $0 | $21,378 | - |
| Michal'S Imports Ltd. Cash Balance Pension Plan & Trust | - | 0 | $0 | $10,259 | - |
| Michal'S Imports Ltd. 401(K) Profit Sharing Plan | - | 0 | $0 | $11,119 | - |
| 2022 | 2 | 13 | $2,389,965 | $31,118 | $2,394iApproximate average salary by contribution assumption: employee only about $59,842 at 4% or $39,895 at 6%; with 50% employer match about $39,895 at 4% or $26,597 at 6%; with 100% employer match about $29,921 at 4% or $19,947 at 6%. |
| Michal'S Imports Ltd. Cash Balance Pension Plan & Trust | - | 10 | $1,401,463 | $17,138 | $1,714iApproximate average salary by contribution assumption: employee only about $42,845 at 4% or $28,563 at 6%; with 50% employer match about $28,563 at 4% or $19,042 at 6%; with 100% employer match about $21,423 at 4% or $14,282 at 6%. |
| Michal'S Imports Ltd. 401(K) Profit Sharing Plan | - | 13 | $988,502 | $13,980 | $1,075iApproximate average salary by contribution assumption: employee only about $26,885 at 4% or $17,923 at 6%; with 50% employer match about $17,923 at 4% or $11,949 at 6%; with 100% employer match about $13,442 at 4% or $8,962 at 6%. |
| 2021 | 2 | 13 | $2,586,421 | $156,528 | $12,041iApproximate average salary by contribution assumption: employee only about $301,015 at 4% or $200,677 at 6%; with 50% employer match about $200,677 at 4% or $133,785 at 6%; with 100% employer match about $150,508 at 4% or $100,338 at 6%. |
| Michal'S Imports Ltd. Cash Balance Pension Plan & Trust | - | 10 | $1,568,482 | $135,147 | $13,515iApproximate average salary by contribution assumption: employee only about $337,868 at 4% or $225,245 at 6%; with 50% employer match about $225,245 at 4% or $150,163 at 6%; with 100% employer match about $168,934 at 4% or $112,623 at 6%. |
| Michal'S Imports Ltd. 401(K) Profit Sharing Plan | - | 13 | $1,017,939 | $21,381 | $1,645iApproximate average salary by contribution assumption: employee only about $41,117 at 4% or $27,412 at 6%; with 50% employer match about $27,412 at 4% or $18,274 at 6%; with 100% employer match about $20,559 at 4% or $13,706 at 6%. |
| 2020 | 2 | 13 | $2,428,846 | $158,003 | $12,154iApproximate average salary by contribution assumption: employee only about $303,852 at 4% or $202,568 at 6%; with 50% employer match about $202,568 at 4% or $135,045 at 6%; with 100% employer match about $151,926 at 4% or $101,284 at 6%. |
| Michal'S Imports Ltd. Cash Balance Pension Plan & Trust | - | 9 | $1,411,175 | $128,796 | $14,311iApproximate average salary by contribution assumption: employee only about $357,767 at 4% or $238,511 at 6%; with 50% employer match about $238,511 at 4% or $159,007 at 6%; with 100% employer match about $178,883 at 4% or $119,256 at 6%. |
| Michal'S Imports Ltd. 401(K) Profit Sharing Plan | - | 13 | $1,017,671 | $29,207 | $2,247iApproximate average salary by contribution assumption: employee only about $56,167 at 4% or $37,445 at 6%; with 50% employer match about $37,445 at 4% or $24,963 at 6%; with 100% employer match about $28,084 at 4% or $18,722 at 6%. |
| 2019 | 2 | 11 | $2,635,082 | $140,918 | $12,811iApproximate average salary by contribution assumption: employee only about $320,268 at 4% or $213,512 at 6%; with 50% employer match about $213,512 at 4% or $142,341 at 6%; with 100% employer match about $160,134 at 4% or $106,756 at 6%. |
| Michal'S Imports Ltd. Cash Balance Pension Plan & Trust | - | 9 | $1,504,395 | $112,986 | $12,554iApproximate average salary by contribution assumption: employee only about $313,850 at 4% or $209,233 at 6%; with 50% employer match about $209,233 at 4% or $139,489 at 6%; with 100% employer match about $156,925 at 4% or $104,617 at 6%. |
| Michal'S Imports Ltd. 401(K) Profit Sharing Plan | - | 11 | $1,130,687 | $27,932 | $2,539iApproximate average salary by contribution assumption: employee only about $63,482 at 4% or $42,321 at 6%; with 50% employer match about $42,321 at 4% or $28,214 at 6%; with 100% employer match about $31,741 at 4% or $21,161 at 6%. |
| 2018 | 2 | 14 | $2,229,549 | $189,676 | $13,548iApproximate average salary by contribution assumption: employee only about $338,707 at 4% or $225,805 at 6%; with 50% employer match about $225,805 at 4% or $150,537 at 6%; with 100% employer match about $169,354 at 4% or $112,902 at 6%. |
| Michal'S Imports Ltd. Cash Balance Pension Plan & Trust | - | 10 | $1,274,441 | $36,788 | $3,679iApproximate average salary by contribution assumption: employee only about $91,970 at 4% or $61,313 at 6%; with 50% employer match about $61,313 at 4% or $40,876 at 6%; with 100% employer match about $45,985 at 4% or $30,657 at 6%. |
| Michal'S Imports Ltd. 401(K) Profit Sharing Plan | - | 14 | $955,108 | $152,888 | $10,921iApproximate average salary by contribution assumption: employee only about $273,014 at 4% or $182,010 at 6%; with 50% employer match about $182,010 at 4% or $121,340 at 6%; with 100% employer match about $136,507 at 4% or $91,005 at 6%. |
| 2017 | 2 | 12 | $2,080,499 | $413,959 | $34,497iApproximate average salary by contribution assumption: employee only about $862,415 at 4% or $574,943 at 6%; with 50% employer match about $574,943 at 4% or $383,295 at 6%; with 100% employer match about $431,207 at 4% or $287,472 at 6%. |
| Michal'S Imports Ltd. Cash Balance Pension Plan & Trust | - | 10 | $1,222,487 | $260,122 | $26,012iApproximate average salary by contribution assumption: employee only about $650,305 at 4% or $433,537 at 6%; with 50% employer match about $433,537 at 4% or $289,024 at 6%; with 100% employer match about $325,153 at 4% or $216,768 at 6%. |
| Michal'S Imports Ltd. 401(K) Profit Sharing Plan | - | 12 | $858,012 | $153,837 | $12,820iApproximate average salary by contribution assumption: employee only about $320,494 at 4% or $213,663 at 6%; with 50% employer match about $213,663 at 4% or $142,442 at 6%; with 100% employer match about $160,247 at 4% or $106,831 at 6%. |
| 2016 | 2 | 11 | $1,559,271 | $321,793 | $29,254iApproximate average salary by contribution assumption: employee only about $731,348 at 4% or $487,565 at 6%; with 50% employer match about $487,565 at 4% or $325,043 at 6%; with 100% employer match about $365,674 at 4% or $243,783 at 6%. |
| Michal'S Imports Ltd. Cash Balance Pension Plan & Trust | - | 10 | $916,459 | $172,927 | $17,293iApproximate average salary by contribution assumption: employee only about $432,318 at 4% or $288,212 at 6%; with 50% employer match about $288,212 at 4% or $192,141 at 6%; with 100% employer match about $216,159 at 4% or $144,106 at 6%. |
| Michal'S Imports Ltd. 401(K) Profit Sharing Plan | - | 11 | $642,812 | $148,866 | $13,533iApproximate average salary by contribution assumption: employee only about $338,332 at 4% or $225,555 at 6%; with 50% employer match about $225,555 at 4% or $150,370 at 6%; with 100% employer match about $169,166 at 4% or $112,777 at 6%. |
| 2015 | 2 | 7 | $1,178,040 | $495,531 | $70,790iApproximate average salary by contribution assumption: employee only about $1,769,754 at 4% or $1,179,836 at 6%; with 50% employer match about $1,179,836 at 4% or $786,557 at 6%; with 100% employer match about $884,877 at 4% or $589,918 at 6%. |
| Michal'S Imports Ltd. Cash Balance Pension Plan & Trust | - | 6 | $707,288 | $355,000 | $59,167iApproximate average salary by contribution assumption: employee only about $1,479,167 at 4% or $986,111 at 6%; with 50% employer match about $986,111 at 4% or $657,407 at 6%; with 100% employer match about $739,583 at 4% or $493,056 at 6%. |
| Michal'S Imports Ltd. 401(K) Profit Sharing Plan | - | 7 | $470,752 | $140,531 | $20,076iApproximate average salary by contribution assumption: employee only about $501,896 at 4% or $334,598 at 6%; with 50% employer match about $334,598 at 4% or $223,065 at 6%; with 100% employer match about $250,948 at 4% or $167,299 at 6%. |
| 2014 | 2 | 4 | $697,719 | $503,060 | $125,765iApproximate average salary by contribution assumption: employee only about $3,144,125 at 4% or $2,096,083 at 6%; with 50% employer match about $2,096,083 at 4% or $1,397,389 at 6%; with 100% employer match about $1,572,063 at 4% or $1,048,042 at 6%. |
| Michal'S Imports Ltd. Cash Balance Pension Plan & Trust | - | 3 | $356,086 | $356,086 | $118,695iApproximate average salary by contribution assumption: employee only about $2,967,383 at 4% or $1,978,256 at 6%; with 50% employer match about $1,978,256 at 4% or $1,318,837 at 6%; with 100% employer match about $1,483,692 at 4% or $989,128 at 6%. |
| Michal'S Imports Ltd. 401(K) Profit Sharing Plan | - | 4 | $341,633 | $146,974 | $36,744iApproximate average salary by contribution assumption: employee only about $918,588 at 4% or $612,392 at 6%; with 50% employer match about $612,392 at 4% or $408,261 at 6%; with 100% employer match about $459,294 at 4% or $306,196 at 6%. |
| 2013 | 1 | 4 | $183,379 | $181,705 | $45,426iApproximate average salary by contribution assumption: employee only about $1,135,656 at 4% or $757,104 at 6%; with 50% employer match about $757,104 at 4% or $504,736 at 6%; with 100% employer match about $567,828 at 4% or $378,552 at 6%. |
| Michal'S Imports Ltd. 401(K) Profit Sharing Plan | - | 4 | $183,379 | $181,705 | $45,426iApproximate average salary by contribution assumption: employee only about $1,135,656 at 4% or $757,104 at 6%; with 50% employer match about $757,104 at 4% or $504,736 at 6%; with 100% employer match about $567,828 at 4% or $378,552 at 6%. |