Ray Palmer Associates Inc.
Plan context: Ray Palmer Associates Inc. Profit Sharing Plan
EIN 22-1670568 • Dover, NJ • 23 filings • 1 plans
Current Snapshot
Latest Year
2023
2023 Participants
12
2023 Assets
$2,304,865
2023 Contributions
$205,200
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 | 1 | 12 | $2,304,865 | $205,200 | $17,100iApproximate average salary by contribution assumption: employee only about $427,500 at 4% or $285,000 at 6%; with 50% employer match about $285,000 at 4% or $190,000 at 6%; with 100% employer match about $213,750 at 4% or $142,500 at 6%. |
| Ray Palmer Associates Inc. Profit Sharing Plan | - | 12 | $2,304,865 | $205,200 | $17,100iApproximate average salary by contribution assumption: employee only about $427,500 at 4% or $285,000 at 6%; with 50% employer match about $285,000 at 4% or $190,000 at 6%; with 100% employer match about $213,750 at 4% or $142,500 at 6%. |
| 2022 | 1 | 11 | $1,900,914 | $170,562 | $15,506iApproximate average salary by contribution assumption: employee only about $387,641 at 4% or $258,427 at 6%; with 50% employer match about $258,427 at 4% or $172,285 at 6%; with 100% employer match about $193,820 at 4% or $129,214 at 6%. |
| Ray Palmer Associates Inc. Profit Sharing Plan | - | 11 | $1,900,914 | $170,562 | $15,506iApproximate average salary by contribution assumption: employee only about $387,641 at 4% or $258,427 at 6%; with 50% employer match about $258,427 at 4% or $172,285 at 6%; with 100% employer match about $193,820 at 4% or $129,214 at 6%. |
| 2021 | 1 | 11 | $1,589,721 | $200,000 | $18,182iApproximate average salary by contribution assumption: employee only about $454,545 at 4% or $303,030 at 6%; with 50% employer match about $303,030 at 4% or $202,020 at 6%; with 100% employer match about $227,273 at 4% or $151,515 at 6%. |
| Ray Palmer Associates Inc. Profit Sharing Plan | - | 11 | $1,589,721 | $200,000 | $18,182iApproximate average salary by contribution assumption: employee only about $454,545 at 4% or $303,030 at 6%; with 50% employer match about $303,030 at 4% or $202,020 at 6%; with 100% employer match about $227,273 at 4% or $151,515 at 6%. |
| 2020 | 1 | 12 | $1,571,606 | $150,000 | $12,500iApproximate average salary by contribution assumption: employee only about $312,500 at 4% or $208,333 at 6%; with 50% employer match about $208,333 at 4% or $138,889 at 6%; with 100% employer match about $156,250 at 4% or $104,167 at 6%. |
| Ray Palmer Associates Inc. Profit Sharing Plan | - | 12 | $1,571,606 | $150,000 | $12,500iApproximate average salary by contribution assumption: employee only about $312,500 at 4% or $208,333 at 6%; with 50% employer match about $208,333 at 4% or $138,889 at 6%; with 100% employer match about $156,250 at 4% or $104,167 at 6%. |
| 2019 | 1 | 6 | $1,135,751 | $85,000 | $14,167iApproximate average salary by contribution assumption: employee only about $354,167 at 4% or $236,111 at 6%; with 50% employer match about $236,111 at 4% or $157,407 at 6%; with 100% employer match about $177,083 at 4% or $118,056 at 6%. |
| Ray Palmer Associates Inc. Profit Sharing Plan | - | 6 | $1,135,751 | $85,000 | $14,167iApproximate average salary by contribution assumption: employee only about $354,167 at 4% or $236,111 at 6%; with 50% employer match about $236,111 at 4% or $157,407 at 6%; with 100% employer match about $177,083 at 4% or $118,056 at 6%. |
| 2018 | 1 | 9 | $1,071,140 | $25,000 | $2,778iApproximate average salary by contribution assumption: employee only about $69,444 at 4% or $46,296 at 6%; with 50% employer match about $46,296 at 4% or $30,864 at 6%; with 100% employer match about $34,722 at 4% or $23,148 at 6%. |
| Ray Palmer Associates Inc. Profit Sharing Plan | - | 9 | $1,071,140 | $25,000 | $2,778iApproximate average salary by contribution assumption: employee only about $69,444 at 4% or $46,296 at 6%; with 50% employer match about $46,296 at 4% or $30,864 at 6%; with 100% employer match about $34,722 at 4% or $23,148 at 6%. |
| 2017 | 1 | 9 | $1,004,105 | $60,000 | $6,667iApproximate average salary by contribution assumption: employee only about $166,667 at 4% or $111,111 at 6%; with 50% employer match about $111,111 at 4% or $74,074 at 6%; with 100% employer match about $83,333 at 4% or $55,556 at 6%. |
| Ray Palmer Associates Inc. Profit Sharing Plan | - | 9 | $1,004,105 | $60,000 | $6,667iApproximate average salary by contribution assumption: employee only about $166,667 at 4% or $111,111 at 6%; with 50% employer match about $111,111 at 4% or $74,074 at 6%; with 100% employer match about $83,333 at 4% or $55,556 at 6%. |
| 2016 | 1 | 9 | $876,804 | $60,000 | $6,667iApproximate average salary by contribution assumption: employee only about $166,667 at 4% or $111,111 at 6%; with 50% employer match about $111,111 at 4% or $74,074 at 6%; with 100% employer match about $83,333 at 4% or $55,556 at 6%. |
| Ray Palmer Associates Inc. Profit Sharing Plan | - | 9 | $876,804 | $60,000 | $6,667iApproximate average salary by contribution assumption: employee only about $166,667 at 4% or $111,111 at 6%; with 50% employer match about $111,111 at 4% or $74,074 at 6%; with 100% employer match about $83,333 at 4% or $55,556 at 6%. |
| 2015 | 1 | 8 | $748,910 | $65,000 | $8,125iApproximate average salary by contribution assumption: employee only about $203,125 at 4% or $135,417 at 6%; with 50% employer match about $135,417 at 4% or $90,278 at 6%; with 100% employer match about $101,563 at 4% or $67,708 at 6%. |
| Ray Palmer Associates Inc. Profit Sharing Plan | - | 8 | $748,910 | $65,000 | $8,125iApproximate average salary by contribution assumption: employee only about $203,125 at 4% or $135,417 at 6%; with 50% employer match about $135,417 at 4% or $90,278 at 6%; with 100% employer match about $101,563 at 4% or $67,708 at 6%. |
| 2014 | 1 | 9 | $694,518 | $45,000 | $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%. |
| Ray Palmer Associates Inc. Profit Sharing Plan | - | 9 | $694,518 | $45,000 | $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%. |
| 2013 | 1 | 9 | $645,657 | $20,000 | $2,222iApproximate average salary by contribution assumption: employee only about $55,556 at 4% or $37,037 at 6%; with 50% employer match about $37,037 at 4% or $24,691 at 6%; with 100% employer match about $27,778 at 4% or $18,519 at 6%. |
| Ray Palmer Associates Inc. Profit Sharing Plan | - | 9 | $645,657 | $20,000 | $2,222iApproximate average salary by contribution assumption: employee only about $55,556 at 4% or $37,037 at 6%; with 50% employer match about $37,037 at 4% or $24,691 at 6%; with 100% employer match about $27,778 at 4% or $18,519 at 6%. |
| 2012 | 1 | 9 | $543,706 | $18,786 | $2,087iApproximate average salary by contribution assumption: employee only about $52,183 at 4% or $34,789 at 6%; with 50% employer match about $34,789 at 4% or $23,193 at 6%; with 100% employer match about $26,092 at 4% or $17,394 at 6%. |
| Ray Palmer Associates Inc. Profit Sharing Plan | - | 9 | $543,706 | $18,786 | $2,087iApproximate average salary by contribution assumption: employee only about $52,183 at 4% or $34,789 at 6%; with 50% employer match about $34,789 at 4% or $23,193 at 6%; with 100% employer match about $26,092 at 4% or $17,394 at 6%. |
| 2011 | 1 | 7 | $480,969 | $0 | - |
| Ray Palmer Associates Inc. Profit Sharing Plan | - | 7 | $480,969 | - | - |
| 2010 | 1 | 8 | $510,242 | $10,000 | $1,250iApproximate average salary by contribution assumption: employee only about $31,250 at 4% or $20,833 at 6%; with 50% employer match about $20,833 at 4% or $13,889 at 6%; with 100% employer match about $15,625 at 4% or $10,417 at 6%. |
| Ray Palmer Associates Inc. Profit Sharing Plan | - | 8 | $510,242 | $10,000 | $1,250iApproximate average salary by contribution assumption: employee only about $31,250 at 4% or $20,833 at 6%; with 50% employer match about $20,833 at 4% or $13,889 at 6%; with 100% employer match about $15,625 at 4% or $10,417 at 6%. |
| 2009 | 1 | 7 | $425,003 | $27,981 | $3,997iApproximate average salary by contribution assumption: employee only about $99,932 at 4% or $66,621 at 6%; with 50% employer match about $66,621 at 4% or $44,414 at 6%; with 100% employer match about $49,966 at 4% or $33,311 at 6%. |
| Ray Palmer Associates Inc. Profit Sharing Plan | - | 7 | $425,003 | $27,981 | $3,997iApproximate average salary by contribution assumption: employee only about $99,932 at 4% or $66,621 at 6%; with 50% employer match about $66,621 at 4% or $44,414 at 6%; with 100% employer match about $49,966 at 4% or $33,311 at 6%. |
| 2008 | 1 | 6 | $0 | $0 | - |
| Ray Palmer Associates Inc. Profit Sharing Plan | - | 6 | - | - | - |
| 2007 | 1 | 6 | $0 | $0 | - |
| Ray Palmer Associates Inc. Profit Sharing Plan | - | 6 | - | - | - |
| 2006 | 1 | 5 | $364,362 | $91,128 | $18,226iApproximate average salary by contribution assumption: employee only about $455,640 at 4% or $303,760 at 6%; with 50% employer match about $303,760 at 4% or $202,507 at 6%; with 100% employer match about $227,820 at 4% or $151,880 at 6%. |
| Ray Palmer Associates Inc. Profit Sharing Plan | - | 5 | $364,362 | $91,128 | $18,226iApproximate average salary by contribution assumption: employee only about $455,640 at 4% or $303,760 at 6%; with 50% employer match about $303,760 at 4% or $202,507 at 6%; with 100% employer match about $227,820 at 4% or $151,880 at 6%. |
| 2005 | 1 | 4 | $240,605 | $35,000 | $8,750iApproximate average salary by contribution assumption: employee only about $218,750 at 4% or $145,833 at 6%; with 50% employer match about $145,833 at 4% or $97,222 at 6%; with 100% employer match about $109,375 at 4% or $72,917 at 6%. |
| Ray Palmer Associates Inc. Profit Sharing Plan | - | 4 | $240,605 | $35,000 | $8,750iApproximate average salary by contribution assumption: employee only about $218,750 at 4% or $145,833 at 6%; with 50% employer match about $145,833 at 4% or $97,222 at 6%; with 100% employer match about $109,375 at 4% or $72,917 at 6%. |
| 2004 | 1 | 3 | $223,008 | $0 | - |
| Ray Palmer Associates Inc. Profit Sharing Plan | - | 3 | $223,008 | - | - |
| 2003 | 1 | 5 | $202,733 | $0 | - |
| Ray Palmer Associates Inc. Profit Sharing Plan | - | 5 | $202,733 | - | - |
| 2002 | 1 | 6 | $0 | $0 | - |
| Ray Palmer Associates Inc. Profit Sharing Plan | - | 6 | - | - | - |
| 2000 | 1 | 3 | $0 | $0 | - |
| Ray Palmer Associates Inc. Profit Sharing Plan | - | 3 | - | - | - |