Civic Intelligence

Modern Floors Company Inc.

Plan context: Modern Floors Company Inc. Profit Sharing Plan

EIN 22-1121730 • Ramsey, NJ • 25 filings • 1 plans

75 Orchard StreetRamsey, NJ 07446
Current Snapshot

Latest Year

2024

2024 Participants

6

2024 Assets

$346,810

2024 Contributions

$30,000

Historical Graphs

Total Assets Over Time

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

$346,810$173,405$0199920142023YearValue
$346,810Latest year 2023

Participants Over Time

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

840199920122023YearValue
6Latest year 2023

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
202410$0$0-
Modern Floors Company Inc. Profit Sharing Plan-0$0--
202316$346,810$30,000$5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%.
Modern Floors Company Inc. Profit Sharing Plan-6$346,810$30,000$5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%.
202218$294,877$35,494$4,437iApproximate average salary by contribution assumption: employee only about $110,919 at 4% or $73,946 at 6%; with 50% employer match about $73,946 at 4% or $49,297 at 6%; with 100% employer match about $55,459 at 4% or $36,973 at 6%.
Modern Floors Company Inc. Profit Sharing Plan-8$294,877$35,494$4,437iApproximate average salary by contribution assumption: employee only about $110,919 at 4% or $73,946 at 6%; with 50% employer match about $73,946 at 4% or $49,297 at 6%; with 100% employer match about $55,459 at 4% or $36,973 at 6%.
202118$262,013$0-
Modern Floors Company Inc. Profit Sharing Plan-8$262,013--
202018$288,201$20,000$2,500iApproximate average salary by contribution assumption: employee only about $62,500 at 4% or $41,667 at 6%; with 50% employer match about $41,667 at 4% or $27,778 at 6%; with 100% employer match about $31,250 at 4% or $20,833 at 6%.
Modern Floors Company Inc. Profit Sharing Plan-8$288,201$20,000$2,500iApproximate average salary by contribution assumption: employee only about $62,500 at 4% or $41,667 at 6%; with 50% employer match about $41,667 at 4% or $27,778 at 6%; with 100% employer match about $31,250 at 4% or $20,833 at 6%.
201917$221,793$20,000$2,857iApproximate average salary by contribution assumption: employee only about $71,429 at 4% or $47,619 at 6%; with 50% employer match about $47,619 at 4% or $31,746 at 6%; with 100% employer match about $35,714 at 4% or $23,810 at 6%.
Modern Floors Company Inc. Profit Sharing Plan-7$221,793$20,000$2,857iApproximate average salary by contribution assumption: employee only about $71,429 at 4% or $47,619 at 6%; with 50% employer match about $47,619 at 4% or $31,746 at 6%; with 100% employer match about $35,714 at 4% or $23,810 at 6%.
201817$206,085$20,000$2,857iApproximate average salary by contribution assumption: employee only about $71,429 at 4% or $47,619 at 6%; with 50% employer match about $47,619 at 4% or $31,746 at 6%; with 100% employer match about $35,714 at 4% or $23,810 at 6%.
Modern Floors Company Inc. Profit Sharing Plan-7$206,085$20,000$2,857iApproximate average salary by contribution assumption: employee only about $71,429 at 4% or $47,619 at 6%; with 50% employer match about $47,619 at 4% or $31,746 at 6%; with 100% employer match about $35,714 at 4% or $23,810 at 6%.
201712$176,678$0-
Modern Floors Company Inc. Profit Sharing Plan-2$176,678--
201612$173,625$0-
Modern Floors Company Inc. Profit Sharing Plan-2$173,625--
201512$156,485$0-
Modern Floors Company Inc. Profit Sharing Plan-2$156,485--
201412$157,804$0-
Modern Floors Company Inc. Profit Sharing Plan-2$157,804$0-
201312$159,596$0-
Modern Floors Company Inc. Profit Sharing Plan-2$159,596$0-
201212$140,925$0-
Modern Floors Company Inc. Profit Sharing Plan-2$140,925$0-
201112$128,197$0-
Modern Floors Company Inc. Profit Sharing Plan-2$128,197$0-
201012$130,520$0-
Modern Floors Company Inc. Profit Sharing Plan-2$130,520$0-
200913$122,370$0-
Modern Floors Company Inc. Profit Sharing Plan-3$122,370$0-
200815$0$0-
Modern Floors Company Inc. Profit Sharing Plan-5---
200714$0$0-
Modern Floors Company Inc. Profit Sharing Plan-4---
200615$172,536$10,000$2,000iApproximate average salary by contribution assumption: employee only about $50,000 at 4% or $33,333 at 6%; with 50% employer match about $33,333 at 4% or $22,222 at 6%; with 100% employer match about $25,000 at 4% or $16,667 at 6%.
Modern Floors Company Inc. Profit Sharing Plan-5$172,536$10,000$2,000iApproximate average salary by contribution assumption: employee only about $50,000 at 4% or $33,333 at 6%; with 50% employer match about $33,333 at 4% or $22,222 at 6%; with 100% employer match about $25,000 at 4% or $16,667 at 6%.
200515$142,240$10,000$2,000iApproximate average salary by contribution assumption: employee only about $50,000 at 4% or $33,333 at 6%; with 50% employer match about $33,333 at 4% or $22,222 at 6%; with 100% employer match about $25,000 at 4% or $16,667 at 6%.
Modern Floors Company Inc. Profit Sharing Plan-5$142,240$10,000$2,000iApproximate average salary by contribution assumption: employee only about $50,000 at 4% or $33,333 at 6%; with 50% employer match about $33,333 at 4% or $22,222 at 6%; with 100% employer match about $25,000 at 4% or $16,667 at 6%.
200415$128,398$10,000$2,000iApproximate average salary by contribution assumption: employee only about $50,000 at 4% or $33,333 at 6%; with 50% employer match about $33,333 at 4% or $22,222 at 6%; with 100% employer match about $25,000 at 4% or $16,667 at 6%.
Modern Floors Company Inc. Profit Sharing Plan-5$128,398$10,000$2,000iApproximate average salary by contribution assumption: employee only about $50,000 at 4% or $33,333 at 6%; with 50% employer match about $33,333 at 4% or $22,222 at 6%; with 100% employer match about $25,000 at 4% or $16,667 at 6%.
200315$0$0-
Modern Floors Company Inc. Profit Sharing Plan-5---
200214$0$0-
Modern Floors Company Inc. Profit Sharing Plan-4---
200015$0$0-
Modern Floors Company Inc. Profit Sharing Plan-5---
199915$59,782$27,000$5,400iApproximate average salary by contribution assumption: employee only about $135,000 at 4% or $90,000 at 6%; with 50% employer match about $90,000 at 4% or $60,000 at 6%; with 100% employer match about $67,500 at 4% or $45,000 at 6%.
Modern Floors Company Inc. Profit Sharing Plan-5$59,782$27,000$5,400iApproximate average salary by contribution assumption: employee only about $135,000 at 4% or $90,000 at 6%; with 50% employer match about $90,000 at 4% or $60,000 at 6%; with 100% employer match about $67,500 at 4% or $45,000 at 6%.