Civic Intelligence

Freds Quality Cleaners Inc.

Plan context: Freds Quality Cleaners Inc. Profit Sharing Plan

EIN 22-2262720 • Passaic, NJ • 26 filings • 3 plans

378 BroadwayPassaic, NJ 07055
Current Snapshot

Latest Year

2024

2024 Participants

5

2024 Assets

$152,250

2024 Contributions

$17,071

Historical Graphs

Total Assets Over Time

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

$246,867$123,434$0199920132024YearValue
$152,250Latest year 2024

Participants Over Time

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

630199920122024YearValue
5Latest 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
202415$152,250$17,071$3,414iApproximate average salary by contribution assumption: employee only about $85,355 at 4% or $56,903 at 6%; with 50% employer match about $56,903 at 4% or $37,936 at 6%; with 100% employer match about $42,678 at 4% or $28,452 at 6%.
Freds Quality Cleaners Inc. Profit Sharing Plan-5$152,250$17,071$3,414iApproximate average salary by contribution assumption: employee only about $85,355 at 4% or $56,903 at 6%; with 50% employer match about $56,903 at 4% or $37,936 at 6%; with 100% employer match about $42,678 at 4% or $28,452 at 6%.
202315$140,783$13,392$2,678iApproximate average salary by contribution assumption: employee only about $66,960 at 4% or $44,640 at 6%; with 50% employer match about $44,640 at 4% or $29,760 at 6%; with 100% employer match about $33,480 at 4% or $22,320 at 6%.
Freds Quality Cleaners Inc. Profit Sharing Plan-5$140,783$13,392$2,678iApproximate average salary by contribution assumption: employee only about $66,960 at 4% or $44,640 at 6%; with 50% employer match about $44,640 at 4% or $29,760 at 6%; with 100% employer match about $33,480 at 4% or $22,320 at 6%.
202215$138,679$14,020$2,804iApproximate average salary by contribution assumption: employee only about $70,100 at 4% or $46,733 at 6%; with 50% employer match about $46,733 at 4% or $31,156 at 6%; with 100% employer match about $35,050 at 4% or $23,367 at 6%.
Freds Quality Cleaners Inc. Profit Sharing Plan-5$138,679$14,020$2,804iApproximate average salary by contribution assumption: employee only about $70,100 at 4% or $46,733 at 6%; with 50% employer match about $46,733 at 4% or $31,156 at 6%; with 100% employer match about $35,050 at 4% or $23,367 at 6%.
202115$152,529$4,080$816iApproximate average salary by contribution assumption: employee only about $20,400 at 4% or $13,600 at 6%; with 50% employer match about $13,600 at 4% or $9,067 at 6%; with 100% employer match about $10,200 at 4% or $6,800 at 6%.
Freds Quality Cleaners Inc. Profit Sharing Plan-5$152,529$4,080$816iApproximate average salary by contribution assumption: employee only about $20,400 at 4% or $13,600 at 6%; with 50% employer match about $13,600 at 4% or $9,067 at 6%; with 100% employer match about $10,200 at 4% or $6,800 at 6%.
202015$178,746$2,601$520iApproximate average salary by contribution assumption: employee only about $13,005 at 4% or $8,670 at 6%; with 50% employer match about $8,670 at 4% or $5,780 at 6%; with 100% employer match about $6,503 at 4% or $4,335 at 6%.
Freds Quality Cleaners Inc. Profit Sharing Plan-5$178,746$2,601$520iApproximate average salary by contribution assumption: employee only about $13,005 at 4% or $8,670 at 6%; with 50% employer match about $8,670 at 4% or $5,780 at 6%; with 100% employer match about $6,503 at 4% or $4,335 at 6%.
201915$160,967$7,478$1,496iApproximate average salary by contribution assumption: employee only about $37,390 at 4% or $24,927 at 6%; with 50% employer match about $24,927 at 4% or $16,618 at 6%; with 100% employer match about $18,695 at 4% or $12,463 at 6%.
Freds Quality Cleaners Inc. Profit Sharing Plan-5$160,967$7,478$1,496iApproximate average salary by contribution assumption: employee only about $37,390 at 4% or $24,927 at 6%; with 50% employer match about $24,927 at 4% or $16,618 at 6%; with 100% employer match about $18,695 at 4% or $12,463 at 6%.
201815$134,243$12,314$2,463iApproximate average salary by contribution assumption: employee only about $61,570 at 4% or $41,047 at 6%; with 50% employer match about $41,047 at 4% or $27,364 at 6%; with 100% employer match about $30,785 at 4% or $20,523 at 6%.
Freds Quality Cleaners Inc. Profit Sharing Plan-5$134,243$12,314$2,463iApproximate average salary by contribution assumption: employee only about $61,570 at 4% or $41,047 at 6%; with 50% employer match about $41,047 at 4% or $27,364 at 6%; with 100% employer match about $30,785 at 4% or $20,523 at 6%.
201715$131,043$7,827$1,565iApproximate average salary by contribution assumption: employee only about $39,135 at 4% or $26,090 at 6%; with 50% employer match about $26,090 at 4% or $17,393 at 6%; with 100% employer match about $19,568 at 4% or $13,045 at 6%.
Freds Quality Cleaners Inc. Profit Sharing Plan-5$131,043$7,827$1,565iApproximate average salary by contribution assumption: employee only about $39,135 at 4% or $26,090 at 6%; with 50% employer match about $26,090 at 4% or $17,393 at 6%; with 100% employer match about $19,568 at 4% or $13,045 at 6%.
201614$246,867$2,790$698iApproximate average salary by contribution assumption: employee only about $17,438 at 4% or $11,625 at 6%; with 50% employer match about $11,625 at 4% or $7,750 at 6%; with 100% employer match about $8,719 at 4% or $5,813 at 6%.
Freds Quality Cleaners Inc. Profit Sharing Plan-4$246,867$2,790$698iApproximate average salary by contribution assumption: employee only about $17,438 at 4% or $11,625 at 6%; with 50% employer match about $11,625 at 4% or $7,750 at 6%; with 100% employer match about $8,719 at 4% or $5,813 at 6%.
201514$236,254$4,470$1,118iApproximate average salary by contribution assumption: employee only about $27,938 at 4% or $18,625 at 6%; with 50% employer match about $18,625 at 4% or $12,417 at 6%; with 100% employer match about $13,969 at 4% or $9,313 at 6%.
Freds Quality Cleaners Inc. Profit Sharing Plan-4$236,254$4,470$1,118iApproximate average salary by contribution assumption: employee only about $27,938 at 4% or $18,625 at 6%; with 50% employer match about $18,625 at 4% or $12,417 at 6%; with 100% employer match about $13,969 at 4% or $9,313 at 6%.
201414$226,402$4,650$1,163iApproximate average salary by contribution assumption: employee only about $29,063 at 4% or $19,375 at 6%; with 50% employer match about $19,375 at 4% or $12,917 at 6%; with 100% employer match about $14,531 at 4% or $9,688 at 6%.
Freds Quality Cleaners Inc. Profit Sharing Plan-4$226,402$4,650$1,163iApproximate average salary by contribution assumption: employee only about $29,063 at 4% or $19,375 at 6%; with 50% employer match about $19,375 at 4% or $12,917 at 6%; with 100% employer match about $14,531 at 4% or $9,688 at 6%.
201314$214,313$4,836$1,209iApproximate average salary by contribution assumption: employee only about $30,225 at 4% or $20,150 at 6%; with 50% employer match about $20,150 at 4% or $13,433 at 6%; with 100% employer match about $15,113 at 4% or $10,075 at 6%.
Freds Quality Cleaners Inc. Profit Sharing Plan-4$214,313$4,836$1,209iApproximate average salary by contribution assumption: employee only about $30,225 at 4% or $20,150 at 6%; with 50% employer match about $20,150 at 4% or $13,433 at 6%; with 100% employer match about $15,113 at 4% or $10,075 at 6%.
201214$183,717$5,087$1,272iApproximate average salary by contribution assumption: employee only about $31,794 at 4% or $21,196 at 6%; with 50% employer match about $21,196 at 4% or $14,131 at 6%; with 100% employer match about $15,897 at 4% or $10,598 at 6%.
Freds Quality Cleaners Inc. Profit Sharing Plan-4$183,717$5,087$1,272iApproximate average salary by contribution assumption: employee only about $31,794 at 4% or $21,196 at 6%; with 50% employer match about $21,196 at 4% or $14,131 at 6%; with 100% employer match about $15,897 at 4% or $10,598 at 6%.
201114$177,126$8,507$2,127iApproximate average salary by contribution assumption: employee only about $53,169 at 4% or $35,446 at 6%; with 50% employer match about $35,446 at 4% or $23,631 at 6%; with 100% employer match about $26,584 at 4% or $17,723 at 6%.
Freds Quality Cleaners Inc. Profit Sharing Plan-4$177,126$8,507$2,127iApproximate average salary by contribution assumption: employee only about $53,169 at 4% or $35,446 at 6%; with 50% employer match about $35,446 at 4% or $23,631 at 6%; with 100% employer match about $26,584 at 4% or $17,723 at 6%.
201014$168,165$6,124$1,531iApproximate average salary by contribution assumption: employee only about $38,275 at 4% or $25,517 at 6%; with 50% employer match about $25,517 at 4% or $17,011 at 6%; with 100% employer match about $19,138 at 4% or $12,758 at 6%.
Freds Quality Cleaners Inc. Profit Sharing Plan-4$168,165$6,124$1,531iApproximate average salary by contribution assumption: employee only about $38,275 at 4% or $25,517 at 6%; with 50% employer match about $25,517 at 4% or $17,011 at 6%; with 100% employer match about $19,138 at 4% or $12,758 at 6%.
200914$166,940$7,548$1,887iApproximate average salary by contribution assumption: employee only about $47,175 at 4% or $31,450 at 6%; with 50% employer match about $31,450 at 4% or $20,967 at 6%; with 100% employer match about $23,588 at 4% or $15,725 at 6%.
Freds Quality Cleaners Inc. Profit Sharing Plan-4$166,940$7,548$1,887iApproximate average salary by contribution assumption: employee only about $47,175 at 4% or $31,450 at 6%; with 50% employer match about $31,450 at 4% or $20,967 at 6%; with 100% employer match about $23,588 at 4% or $15,725 at 6%.
200813$161,431$7,548$2,516iApproximate average salary by contribution assumption: employee only about $62,900 at 4% or $41,933 at 6%; with 50% employer match about $41,933 at 4% or $27,956 at 6%; with 100% employer match about $31,450 at 4% or $20,967 at 6%.
Freds Quality Cleaners Inc. Profit Sharing Plan-3$161,431$7,548$2,516iApproximate average salary by contribution assumption: employee only about $62,900 at 4% or $41,933 at 6%; with 50% employer match about $41,933 at 4% or $27,956 at 6%; with 100% employer match about $31,450 at 4% or $20,967 at 6%.
200713$0$0-
Freds Quality Cleaners Inc. Profit Sharing Plan-3---
200615$157,527$15,221$3,044iApproximate average salary by contribution assumption: employee only about $76,105 at 4% or $50,737 at 6%; with 50% employer match about $50,737 at 4% or $33,824 at 6%; with 100% employer match about $38,053 at 4% or $25,368 at 6%.
Freds Quality Cleaners Inc. Profit Sharing Plan-5$157,527$15,221$3,044iApproximate average salary by contribution assumption: employee only about $76,105 at 4% or $50,737 at 6%; with 50% employer match about $50,737 at 4% or $33,824 at 6%; with 100% employer match about $38,053 at 4% or $25,368 at 6%.
200515$131,309$14,253$2,851iApproximate average salary by contribution assumption: employee only about $71,265 at 4% or $47,510 at 6%; with 50% employer match about $47,510 at 4% or $31,673 at 6%; with 100% employer match about $35,633 at 4% or $23,755 at 6%.
Freds Quality Cleaners Inc. Profit Sharing Plan-5$131,309$14,253$2,851iApproximate average salary by contribution assumption: employee only about $71,265 at 4% or $47,510 at 6%; with 50% employer match about $47,510 at 4% or $31,673 at 6%; with 100% employer match about $35,633 at 4% or $23,755 at 6%.
200415$140,948$20,463$4,093iApproximate average salary by contribution assumption: employee only about $102,315 at 4% or $68,210 at 6%; with 50% employer match about $68,210 at 4% or $45,473 at 6%; with 100% employer match about $51,158 at 4% or $34,105 at 6%.
Freds Quality Cleaners Inc. Profit Sharing Plan-5$140,948$20,463$4,093iApproximate average salary by contribution assumption: employee only about $102,315 at 4% or $68,210 at 6%; with 50% employer match about $68,210 at 4% or $45,473 at 6%; with 100% employer match about $51,158 at 4% or $34,105 at 6%.
200315$126,659$20,313$4,063iApproximate average salary by contribution assumption: employee only about $101,565 at 4% or $67,710 at 6%; with 50% employer match about $67,710 at 4% or $45,140 at 6%; with 100% employer match about $50,783 at 4% or $33,855 at 6%.
Freds Quality Cleaners Inc. Profit Sharing Plan-5$126,659$20,313$4,063iApproximate average salary by contribution assumption: employee only about $101,565 at 4% or $67,710 at 6%; with 50% employer match about $67,710 at 4% or $45,140 at 6%; with 100% employer match about $50,783 at 4% or $33,855 at 6%.
200215$83,259$22,359$4,472iApproximate average salary by contribution assumption: employee only about $111,795 at 4% or $74,530 at 6%; with 50% employer match about $74,530 at 4% or $49,687 at 6%; with 100% employer match about $55,898 at 4% or $37,265 at 6%.
Freds Quality Cleaners Inc. Profit Sharing Plan-5$83,259$22,359$4,472iApproximate average salary by contribution assumption: employee only about $111,795 at 4% or $74,530 at 6%; with 50% employer match about $74,530 at 4% or $49,687 at 6%; with 100% employer match about $55,898 at 4% or $37,265 at 6%.
200116$0$0-
Freds Quality Cleaners Inc. Profit Sharing Plan-6---
200016$60,219$23,006$3,834iApproximate average salary by contribution assumption: employee only about $95,858 at 4% or $63,906 at 6%; with 50% employer match about $63,906 at 4% or $42,604 at 6%; with 100% employer match about $47,929 at 4% or $31,953 at 6%.
Freds Quality Cleaners Inc. Profit Sharing Plan-6$60,219$23,006$3,834iApproximate average salary by contribution assumption: employee only about $95,858 at 4% or $63,906 at 6%; with 50% employer match about $63,906 at 4% or $42,604 at 6%; with 100% employer match about $47,929 at 4% or $31,953 at 6%.
199916$43,366$20,101$3,350iApproximate average salary by contribution assumption: employee only about $83,754 at 4% or $55,836 at 6%; with 50% employer match about $55,836 at 4% or $37,224 at 6%; with 100% employer match about $41,877 at 4% or $27,918 at 6%.
Freds Quality Cleaners Inc. Profit Sharing Plan-6$43,366$20,101$3,350iApproximate average salary by contribution assumption: employee only about $83,754 at 4% or $55,836 at 6%; with 50% employer match about $55,836 at 4% or $37,224 at 6%; with 100% employer match about $41,877 at 4% or $27,918 at 6%.