Civic Intelligence

Kelly B. Erickson Inc. D.B.A. Payroll Processing Plus

Plan context: Payroll Processing Plus 401(K) Profit Sharing Plan

EIN 20-8434602 • Duluth, MN • 19 filings • 3 plans

205 W. 2nd StreetSuite 320Duluth, MN 55802
Current Snapshot

Latest Year

2024

2024 Participants

6

2024 Assets

$1,399,303

2024 Contributions

$70,069

Historical Graphs

Total Assets Over Time

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

$1,399,303$699,652$0200720162024YearValue
$1,399,303Latest year 2024

Participants Over Time

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

630200720162024YearValue
6Latest 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
202416$1,399,303$70,069$11,678iApproximate average salary by contribution assumption: employee only about $291,954 at 4% or $194,636 at 6%; with 50% employer match about $194,636 at 4% or $129,757 at 6%; with 100% employer match about $145,977 at 4% or $97,318 at 6%.
Payroll Processing Plus 401(K) Profit Sharing Plan-6$1,399,303$70,069$11,678iApproximate average salary by contribution assumption: employee only about $291,954 at 4% or $194,636 at 6%; with 50% employer match about $194,636 at 4% or $129,757 at 6%; with 100% employer match about $145,977 at 4% or $97,318 at 6%.
202315$1,176,507$64,609$12,922iApproximate average salary by contribution assumption: employee only about $323,045 at 4% or $215,363 at 6%; with 50% employer match about $215,363 at 4% or $143,576 at 6%; with 100% employer match about $161,523 at 4% or $107,682 at 6%.
Payroll Processing Plus 401(K) Profit Sharing Plan-5$1,176,507$64,609$12,922iApproximate average salary by contribution assumption: employee only about $323,045 at 4% or $215,363 at 6%; with 50% employer match about $215,363 at 4% or $143,576 at 6%; with 100% employer match about $161,523 at 4% or $107,682 at 6%.
202215$955,646$65,496$13,099iApproximate average salary by contribution assumption: employee only about $327,480 at 4% or $218,320 at 6%; with 50% employer match about $218,320 at 4% or $145,547 at 6%; with 100% employer match about $163,740 at 4% or $109,160 at 6%.
Payroll Processing Plus 401(K) Profit Sharing Plan-5$955,646$65,496$13,099iApproximate average salary by contribution assumption: employee only about $327,480 at 4% or $218,320 at 6%; with 50% employer match about $218,320 at 4% or $145,547 at 6%; with 100% employer match about $163,740 at 4% or $109,160 at 6%.
202115$1,040,574$64,414$12,883iApproximate average salary by contribution assumption: employee only about $322,070 at 4% or $214,713 at 6%; with 50% employer match about $214,713 at 4% or $143,142 at 6%; with 100% employer match about $161,035 at 4% or $107,357 at 6%.
Payroll Processing Plus 401(K) Profit Sharing Plan-5$1,040,574$64,414$12,883iApproximate average salary by contribution assumption: employee only about $322,070 at 4% or $214,713 at 6%; with 50% employer match about $214,713 at 4% or $143,142 at 6%; with 100% employer match about $161,035 at 4% or $107,357 at 6%.
202015$850,096$66,135$13,227iApproximate average salary by contribution assumption: employee only about $330,675 at 4% or $220,450 at 6%; with 50% employer match about $220,450 at 4% or $146,967 at 6%; with 100% employer match about $165,338 at 4% or $110,225 at 6%.
Payroll Processing Plus 401(K) Profit Sharing Plan-5$850,096$66,135$13,227iApproximate average salary by contribution assumption: employee only about $330,675 at 4% or $220,450 at 6%; with 50% employer match about $220,450 at 4% or $146,967 at 6%; with 100% employer match about $165,338 at 4% or $110,225 at 6%.
201915$696,190$61,178$12,236iApproximate average salary by contribution assumption: employee only about $305,890 at 4% or $203,927 at 6%; with 50% employer match about $203,927 at 4% or $135,951 at 6%; with 100% employer match about $152,945 at 4% or $101,963 at 6%.
Payroll Processing Plus 401(K) Profit Sharing Plan-5$696,190$61,178$12,236iApproximate average salary by contribution assumption: employee only about $305,890 at 4% or $203,927 at 6%; with 50% employer match about $203,927 at 4% or $135,951 at 6%; with 100% employer match about $152,945 at 4% or $101,963 at 6%.
201814$534,402$56,387$14,097iApproximate average salary by contribution assumption: employee only about $352,419 at 4% or $234,946 at 6%; with 50% employer match about $234,946 at 4% or $156,631 at 6%; with 100% employer match about $176,209 at 4% or $117,473 at 6%.
Payroll Processing Plus 401(K) Profit Sharing Plan-4$534,402$56,387$14,097iApproximate average salary by contribution assumption: employee only about $352,419 at 4% or $234,946 at 6%; with 50% employer match about $234,946 at 4% or $156,631 at 6%; with 100% employer match about $176,209 at 4% or $117,473 at 6%.
201714$506,522$54,967$13,742iApproximate average salary by contribution assumption: employee only about $343,544 at 4% or $229,029 at 6%; with 50% employer match about $229,029 at 4% or $152,686 at 6%; with 100% employer match about $171,772 at 4% or $114,515 at 6%.
Payroll Processing Plus 401(K) Profit Sharing Plan-4$506,522$54,967$13,742iApproximate average salary by contribution assumption: employee only about $343,544 at 4% or $229,029 at 6%; with 50% employer match about $229,029 at 4% or $152,686 at 6%; with 100% employer match about $171,772 at 4% or $114,515 at 6%.
201613$398,926$30,562$10,187iApproximate average salary by contribution assumption: employee only about $254,683 at 4% or $169,789 at 6%; with 50% employer match about $169,789 at 4% or $113,193 at 6%; with 100% employer match about $127,342 at 4% or $84,894 at 6%.
Payroll Processing Plus 401(K) Profit Sharing Plan-3$398,926$30,562$10,187iApproximate average salary by contribution assumption: employee only about $254,683 at 4% or $169,789 at 6%; with 50% employer match about $169,789 at 4% or $113,193 at 6%; with 100% employer match about $127,342 at 4% or $84,894 at 6%.
201514$345,858$33,236$8,309iApproximate average salary by contribution assumption: employee only about $207,725 at 4% or $138,483 at 6%; with 50% employer match about $138,483 at 4% or $92,322 at 6%; with 100% employer match about $103,863 at 4% or $69,242 at 6%.
Payroll Processing Plus 401(K) Profit Sharing Plan-4$345,858$33,236$8,309iApproximate average salary by contribution assumption: employee only about $207,725 at 4% or $138,483 at 6%; with 50% employer match about $138,483 at 4% or $92,322 at 6%; with 100% employer match about $103,863 at 4% or $69,242 at 6%.
201414$338,175$32,212$8,053iApproximate average salary by contribution assumption: employee only about $201,325 at 4% or $134,217 at 6%; with 50% employer match about $134,217 at 4% or $89,478 at 6%; with 100% employer match about $100,663 at 4% or $67,108 at 6%.
Payroll Processing Plus 401(K) Profit Sharing Plan-4$338,175$32,212$8,053iApproximate average salary by contribution assumption: employee only about $201,325 at 4% or $134,217 at 6%; with 50% employer match about $134,217 at 4% or $89,478 at 6%; with 100% employer match about $100,663 at 4% or $67,108 at 6%.
201313$283,014$31,579$10,526iApproximate average salary by contribution assumption: employee only about $263,158 at 4% or $175,439 at 6%; with 50% employer match about $175,439 at 4% or $116,959 at 6%; with 100% employer match about $131,579 at 4% or $87,719 at 6%.
Payroll Processing Plus 401(K) Profit Sharing Plan-3$283,014$31,579$10,526iApproximate average salary by contribution assumption: employee only about $263,158 at 4% or $175,439 at 6%; with 50% employer match about $175,439 at 4% or $116,959 at 6%; with 100% employer match about $131,579 at 4% or $87,719 at 6%.
201213$220,365$30,821$10,274iApproximate average salary by contribution assumption: employee only about $256,842 at 4% or $171,228 at 6%; with 50% employer match about $171,228 at 4% or $114,152 at 6%; with 100% employer match about $128,421 at 4% or $85,614 at 6%.
Payroll Processing Plus 401(K) Profit Sharing Plan-3$220,365$30,821$10,274iApproximate average salary by contribution assumption: employee only about $256,842 at 4% or $171,228 at 6%; with 50% employer match about $171,228 at 4% or $114,152 at 6%; with 100% employer match about $128,421 at 4% or $85,614 at 6%.
201124$354,036$48,096$12,024iApproximate average salary by contribution assumption: employee only about $300,600 at 4% or $200,400 at 6%; with 50% employer match about $200,400 at 4% or $133,600 at 6%; with 100% employer match about $150,300 at 4% or $100,200 at 6%.
Payroll Processing Plus 401(K) Profit Sharing Plan-4$177,018$24,048$6,012iApproximate average salary by contribution assumption: employee only about $150,300 at 4% or $100,200 at 6%; with 50% employer match about $100,200 at 4% or $66,800 at 6%; with 100% employer match about $75,150 at 4% or $50,100 at 6%.
Payroll Processing Plus 401(K) Profit Sharing Plan-4$177,018$24,048$6,012iApproximate average salary by contribution assumption: employee only about $150,300 at 4% or $100,200 at 6%; with 50% employer match about $100,200 at 4% or $66,800 at 6%; with 100% employer match about $75,150 at 4% or $50,100 at 6%.
201014$154,607$29,876$7,469iApproximate average salary by contribution assumption: employee only about $186,725 at 4% or $124,483 at 6%; with 50% employer match about $124,483 at 4% or $82,989 at 6%; with 100% employer match about $93,363 at 4% or $62,242 at 6%.
Payroll Processing Plus 401(K) Profit Sharing Plan-4$154,607$29,876$7,469iApproximate average salary by contribution assumption: employee only about $186,725 at 4% or $124,483 at 6%; with 50% employer match about $124,483 at 4% or $82,989 at 6%; with 100% employer match about $93,363 at 4% or $62,242 at 6%.
200914$123,760$30,249$7,562iApproximate average salary by contribution assumption: employee only about $189,056 at 4% or $126,038 at 6%; with 50% employer match about $126,038 at 4% or $84,025 at 6%; with 100% employer match about $94,528 at 4% or $63,019 at 6%.
Payroll Processing Plus 401(K) Profit Sharing Plan-4$123,760$30,249$7,562iApproximate average salary by contribution assumption: employee only about $189,056 at 4% or $126,038 at 6%; with 50% employer match about $126,038 at 4% or $84,025 at 6%; with 100% employer match about $94,528 at 4% or $63,019 at 6%.
200814$92,182$28,973$7,243iApproximate average salary by contribution assumption: employee only about $181,081 at 4% or $120,721 at 6%; with 50% employer match about $120,721 at 4% or $80,481 at 6%; with 100% employer match about $90,541 at 4% or $60,360 at 6%.
Payroll Processing Plus 401(K) Profit Sharing Plan-4$92,182$28,973$7,243iApproximate average salary by contribution assumption: employee only about $181,081 at 4% or $120,721 at 6%; with 50% employer match about $120,721 at 4% or $80,481 at 6%; with 100% employer match about $90,541 at 4% or $60,360 at 6%.
200714$65,470$8,719$2,180iApproximate average salary by contribution assumption: employee only about $54,494 at 4% or $36,329 at 6%; with 50% employer match about $36,329 at 4% or $24,219 at 6%; with 100% employer match about $27,247 at 4% or $18,165 at 6%.
Payroll Processing Plus 401(K) Profit Sharing Plan-4$65,470$8,719$2,180iApproximate average salary by contribution assumption: employee only about $54,494 at 4% or $36,329 at 6%; with 50% employer match about $36,329 at 4% or $24,219 at 6%; with 100% employer match about $27,247 at 4% or $18,165 at 6%.