Civic Intelligence

La Favorite Industries Inc

Plan context: La Favorite Industries Inc 401(K) Profit Sharing Plan & Trust

EIN 22-2570677 • Paterson, NJ • 10 filings • 3 plans

33 Shady StPaterson, NJ 07524-1014
Current Snapshot

Latest Year

2024

2024 Participants

10

2024 Assets

$631,891

2024 Contributions

$46,385

Historical Graphs

Total Assets Over Time

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

$631,891$315,946$0201520202024YearValue
$631,891Latest year 2024

Participants Over Time

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

1790201520202024YearValue
10Latest 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
2024110$631,891$46,385$4,639iApproximate average salary by contribution assumption: employee only about $115,963 at 4% or $77,308 at 6%; with 50% employer match about $77,308 at 4% or $51,539 at 6%; with 100% employer match about $57,981 at 4% or $38,654 at 6%.
La Favorite Industries Inc 401(K) Profit Sharing Plan & Trust-10$631,891$46,385$4,639iApproximate average salary by contribution assumption: employee only about $115,963 at 4% or $77,308 at 6%; with 50% employer match about $77,308 at 4% or $51,539 at 6%; with 100% employer match about $57,981 at 4% or $38,654 at 6%.
2023111$577,114$75,704$6,882iApproximate average salary by contribution assumption: employee only about $172,055 at 4% or $114,703 at 6%; with 50% employer match about $114,703 at 4% or $76,469 at 6%; with 100% employer match about $86,027 at 4% or $57,352 at 6%.
La Favorite Industries Inc 401(K) Profit Sharing Plan & Trust-11$577,114$75,704$6,882iApproximate average salary by contribution assumption: employee only about $172,055 at 4% or $114,703 at 6%; with 50% employer match about $114,703 at 4% or $76,469 at 6%; with 100% employer match about $86,027 at 4% or $57,352 at 6%.
2022112$516,419$77,614$6,468iApproximate average salary by contribution assumption: employee only about $161,696 at 4% or $107,797 at 6%; with 50% employer match about $107,797 at 4% or $71,865 at 6%; with 100% employer match about $80,848 at 4% or $53,899 at 6%.
La Favorite Industries Inc 401(K) Profit Sharing Plan & Trust-12$516,419$77,614$6,468iApproximate average salary by contribution assumption: employee only about $161,696 at 4% or $107,797 at 6%; with 50% employer match about $107,797 at 4% or $71,865 at 6%; with 100% employer match about $80,848 at 4% or $53,899 at 6%.
2021113$566,047$89,501$6,885iApproximate average salary by contribution assumption: employee only about $172,117 at 4% or $114,745 at 6%; with 50% employer match about $114,745 at 4% or $76,497 at 6%; with 100% employer match about $86,059 at 4% or $57,372 at 6%.
La Favorite Industries Inc 401(K) Profit Sharing Plan & Trust-13$566,047$89,501$6,885iApproximate average salary by contribution assumption: employee only about $172,117 at 4% or $114,745 at 6%; with 50% employer match about $114,745 at 4% or $76,497 at 6%; with 100% employer match about $86,059 at 4% or $57,372 at 6%.
2020113$431,298$69,540$5,349iApproximate average salary by contribution assumption: employee only about $133,731 at 4% or $89,154 at 6%; with 50% employer match about $89,154 at 4% or $59,436 at 6%; with 100% employer match about $66,865 at 4% or $44,577 at 6%.
La Favorite Industries Inc 401(K) Profit Sharing Plan & Trust-13$431,298$69,540$5,349iApproximate average salary by contribution assumption: employee only about $133,731 at 4% or $89,154 at 6%; with 50% employer match about $89,154 at 4% or $59,436 at 6%; with 100% employer match about $66,865 at 4% or $44,577 at 6%.
2019113$313,519$63,729$4,902iApproximate average salary by contribution assumption: employee only about $122,556 at 4% or $81,704 at 6%; with 50% employer match about $81,704 at 4% or $54,469 at 6%; with 100% employer match about $61,278 at 4% or $40,852 at 6%.
La Favorite Industries Inc 401(K) Profit Sharing Plan & Trust-13$313,519$63,729$4,902iApproximate average salary by contribution assumption: employee only about $122,556 at 4% or $81,704 at 6%; with 50% employer match about $81,704 at 4% or $54,469 at 6%; with 100% employer match about $61,278 at 4% or $40,852 at 6%.
2018113$205,902$57,425$4,417iApproximate average salary by contribution assumption: employee only about $110,433 at 4% or $73,622 at 6%; with 50% employer match about $73,622 at 4% or $49,081 at 6%; with 100% employer match about $55,216 at 4% or $36,811 at 6%.
La Favorite Industries Inc 401(K) Profit Sharing Plan & Trust-13$205,902$57,425$4,417iApproximate average salary by contribution assumption: employee only about $110,433 at 4% or $73,622 at 6%; with 50% employer match about $73,622 at 4% or $49,081 at 6%; with 100% employer match about $55,216 at 4% or $36,811 at 6%.
2017112$178,899$59,861$4,988iApproximate average salary by contribution assumption: employee only about $124,710 at 4% or $83,140 at 6%; with 50% employer match about $83,140 at 4% or $55,427 at 6%; with 100% employer match about $62,355 at 4% or $41,570 at 6%.
La Favorite Industries Inc 401(K) Profit Sharing Plan & Trust-12$178,899$59,861$4,988iApproximate average salary by contribution assumption: employee only about $124,710 at 4% or $83,140 at 6%; with 50% employer match about $83,140 at 4% or $55,427 at 6%; with 100% employer match about $62,355 at 4% or $41,570 at 6%.
2016117$101,971$51,086$3,005iApproximate average salary by contribution assumption: employee only about $75,126 at 4% or $50,084 at 6%; with 50% employer match about $50,084 at 4% or $33,390 at 6%; with 100% employer match about $37,563 at 4% or $25,042 at 6%.
La Favorite Industries Inc 401(K) Profit Sharing Plan & Trust-17$101,971$51,086$3,005iApproximate average salary by contribution assumption: employee only about $75,126 at 4% or $50,084 at 6%; with 50% employer match about $50,084 at 4% or $33,390 at 6%; with 100% employer match about $37,563 at 4% or $25,042 at 6%.
2015111$39,005$39,781$3,616iApproximate average salary by contribution assumption: employee only about $90,411 at 4% or $60,274 at 6%; with 50% employer match about $60,274 at 4% or $40,183 at 6%; with 100% employer match about $45,206 at 4% or $30,137 at 6%.
La Favorite Industries Inc 401(K) Profit Sharing Plan & Trust-11$39,005$39,781$3,616iApproximate average salary by contribution assumption: employee only about $90,411 at 4% or $60,274 at 6%; with 50% employer match about $60,274 at 4% or $40,183 at 6%; with 100% employer match about $45,206 at 4% or $30,137 at 6%.