Civic Intelligence

Mednet Financial Inc.

Plan context: Mednet Financial Inc. Profit Sharing Plan

EIN 22-2574463 • Watchung, NJ • 31 filings • 4 plans

501 Watchung AvenueWatchung, NJ 07069
Current Snapshot

Latest Year

2018

2018 Participants

5

2018 Assets

$4,562,801

2018 Contributions

$2,932

Historical Graphs

Total Assets Over Time

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

$4,626,123$2,313,062$0199920082017YearValue
$4,562,801Latest year 2017

Participants Over Time

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

530199920092017YearValue
5Latest year 2017

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
201820$0$2,932-
Mednet Financial Inc. Profit Sharing Plan-0$0$2,932-
MEDNET FINANCIAL, INC. CASH BALANCE PLAN-0$0$0-
201725$4,562,801$351,150$70,230iApproximate average salary by contribution assumption: employee only about $1,755,750 at 4% or $1,170,500 at 6%; with 50% employer match about $1,170,500 at 4% or $780,333 at 6%; with 100% employer match about $877,875 at 4% or $585,250 at 6%.
Mednet Financial Inc. Profit Sharing Plan-4$3,262,148$148,617$37,154iApproximate average salary by contribution assumption: employee only about $928,856 at 4% or $619,238 at 6%; with 50% employer match about $619,238 at 4% or $412,825 at 6%; with 100% employer match about $464,428 at 4% or $309,619 at 6%.
MEDNET FINANCIAL, INC. CASH BALANCE PLAN-5$1,300,653$202,533$40,507iApproximate average salary by contribution assumption: employee only about $1,012,665 at 4% or $675,110 at 6%; with 50% employer match about $675,110 at 4% or $450,073 at 6%; with 100% employer match about $506,333 at 4% or $337,555 at 6%.
201624$4,626,123$238,160$59,540iApproximate average salary by contribution assumption: employee only about $1,488,500 at 4% or $992,333 at 6%; with 50% employer match about $992,333 at 4% or $661,556 at 6%; with 100% employer match about $744,250 at 4% or $496,167 at 6%.
Mednet Financial Inc. Profit Sharing Plan-4$3,487,549$138,102$34,526iApproximate average salary by contribution assumption: employee only about $863,138 at 4% or $575,425 at 6%; with 50% employer match about $575,425 at 4% or $383,617 at 6%; with 100% employer match about $431,569 at 4% or $287,713 at 6%.
MEDNET FINANCIAL, INC. CASH BALANCE PLAN-4$1,138,574$100,058$25,015iApproximate average salary by contribution assumption: employee only about $625,363 at 4% or $416,908 at 6%; with 50% employer match about $416,908 at 4% or $277,939 at 6%; with 100% employer match about $312,681 at 4% or $208,454 at 6%.
201524$3,989,098$242,105$60,526iApproximate average salary by contribution assumption: employee only about $1,513,156 at 4% or $1,008,771 at 6%; with 50% employer match about $1,008,771 at 4% or $672,514 at 6%; with 100% employer match about $756,578 at 4% or $504,385 at 6%.
Mednet Financial Inc. Profit Sharing Plan-4$3,094,663$141,487$35,372iApproximate average salary by contribution assumption: employee only about $884,294 at 4% or $589,529 at 6%; with 50% employer match about $589,529 at 4% or $393,019 at 6%; with 100% employer match about $442,147 at 4% or $294,765 at 6%.
MEDNET FINANCIAL, INC. CASH BALANCE PLAN-4$894,435$100,618$25,155iApproximate average salary by contribution assumption: employee only about $628,863 at 4% or $419,242 at 6%; with 50% employer match about $419,242 at 4% or $279,494 at 6%; with 100% employer match about $314,431 at 4% or $209,621 at 6%.
201425$3,975,829$221,012$44,202iApproximate average salary by contribution assumption: employee only about $1,105,060 at 4% or $736,707 at 6%; with 50% employer match about $736,707 at 4% or $491,138 at 6%; with 100% employer match about $552,530 at 4% or $368,353 at 6%.
Mednet Financial Inc. Profit Sharing Plan-5$3,163,418$143,912$28,782iApproximate average salary by contribution assumption: employee only about $719,560 at 4% or $479,707 at 6%; with 50% employer match about $479,707 at 4% or $319,804 at 6%; with 100% employer match about $359,780 at 4% or $239,853 at 6%.
MEDNET FINANCIAL, INC. CASH BALANCE PLAN-5$812,411$77,100$15,420iApproximate average salary by contribution assumption: employee only about $385,500 at 4% or $257,000 at 6%; with 50% employer match about $257,000 at 4% or $171,333 at 6%; with 100% employer match about $192,750 at 4% or $128,500 at 6%.
201325$3,508,117$220,435$44,087iApproximate average salary by contribution assumption: employee only about $1,102,175 at 4% or $734,783 at 6%; with 50% employer match about $734,783 at 4% or $489,856 at 6%; with 100% employer match about $551,088 at 4% or $367,392 at 6%.
Mednet Financial Inc. Profit Sharing Plan-5$2,811,879$141,435$28,287iApproximate average salary by contribution assumption: employee only about $707,175 at 4% or $471,450 at 6%; with 50% employer match about $471,450 at 4% or $314,300 at 6%; with 100% employer match about $353,588 at 4% or $235,725 at 6%.
MEDNET FINANCIAL, INC. CASH BALANCE PLAN-5$696,238$79,000$15,800iApproximate average salary by contribution assumption: employee only about $395,000 at 4% or $263,333 at 6%; with 50% employer match about $263,333 at 4% or $175,556 at 6%; with 100% employer match about $197,500 at 4% or $131,667 at 6%.
201225$2,937,550$217,728$43,546iApproximate average salary by contribution assumption: employee only about $1,088,640 at 4% or $725,760 at 6%; with 50% employer match about $725,760 at 4% or $483,840 at 6%; with 100% employer match about $544,320 at 4% or $362,880 at 6%.
Mednet Financial Inc. Profit Sharing Plan-5$2,406,094$115,728$23,146iApproximate average salary by contribution assumption: employee only about $578,640 at 4% or $385,760 at 6%; with 50% employer match about $385,760 at 4% or $257,173 at 6%; with 100% employer match about $289,320 at 4% or $192,880 at 6%.
MEDNET FINANCIAL, INC. CASH BALANCE PLAN-5$531,456$102,000$20,400iApproximate average salary by contribution assumption: employee only about $510,000 at 4% or $340,000 at 6%; with 50% employer match about $340,000 at 4% or $226,667 at 6%; with 100% employer match about $255,000 at 4% or $170,000 at 6%.
201125$2,452,199$209,363$41,873iApproximate average salary by contribution assumption: employee only about $1,046,815 at 4% or $697,877 at 6%; with 50% employer match about $697,877 at 4% or $465,251 at 6%; with 100% employer match about $523,408 at 4% or $348,938 at 6%.
Mednet Financial Inc. Profit Sharing Plan-5$2,073,697$106,363$21,273iApproximate average salary by contribution assumption: employee only about $531,815 at 4% or $354,543 at 6%; with 50% employer match about $354,543 at 4% or $236,362 at 6%; with 100% employer match about $265,908 at 4% or $177,272 at 6%.
MEDNET FINANCIAL, INC. CASH BALANCE PLAN-5$378,502$103,000$20,600iApproximate average salary by contribution assumption: employee only about $515,000 at 4% or $343,333 at 6%; with 50% employer match about $343,333 at 4% or $228,889 at 6%; with 100% employer match about $257,500 at 4% or $171,667 at 6%.
201025$2,272,259$210,522$42,104iApproximate average salary by contribution assumption: employee only about $1,052,610 at 4% or $701,740 at 6%; with 50% employer match about $701,740 at 4% or $467,827 at 6%; with 100% employer match about $526,305 at 4% or $350,870 at 6%.
Mednet Financial Inc. Profit Sharing Plan-5$2,000,895$129,209$25,842iApproximate average salary by contribution assumption: employee only about $646,045 at 4% or $430,697 at 6%; with 50% employer match about $430,697 at 4% or $287,131 at 6%; with 100% employer match about $323,023 at 4% or $215,348 at 6%.
MEDNET FINANCIAL, INC. CASH BALANCE PLAN-5$271,364$81,313$16,263iApproximate average salary by contribution assumption: employee only about $406,565 at 4% or $271,043 at 6%; with 50% employer match about $271,043 at 4% or $180,696 at 6%; with 100% employer match about $203,283 at 4% or $135,522 at 6%.
200925$1,839,752$212,867$42,573iApproximate average salary by contribution assumption: employee only about $1,064,335 at 4% or $709,557 at 6%; with 50% employer match about $709,557 at 4% or $473,038 at 6%; with 100% employer match about $532,168 at 4% or $354,778 at 6%.
Mednet Financial Inc. Profit Sharing Plan-5$1,673,935$128,254$25,651iApproximate average salary by contribution assumption: employee only about $641,270 at 4% or $427,513 at 6%; with 50% employer match about $427,513 at 4% or $285,009 at 6%; with 100% employer match about $320,635 at 4% or $213,757 at 6%.
MEDNET FINANCIAL, INC. CASH BALANCE PLAN-5$165,817$84,613$16,923iApproximate average salary by contribution assumption: employee only about $423,065 at 4% or $282,043 at 6%; with 50% employer match about $282,043 at 4% or $188,029 at 6%; with 100% employer match about $211,532 at 4% or $141,022 at 6%.
200825$1,252,230$189,678$37,936iApproximate average salary by contribution assumption: employee only about $948,390 at 4% or $632,260 at 6%; with 50% employer match about $632,260 at 4% or $421,507 at 6%; with 100% employer match about $474,195 at 4% or $316,130 at 6%.
Mednet Financial Inc. Profit Sharing Plan-5$1,195,562$119,678$23,936iApproximate average salary by contribution assumption: employee only about $598,390 at 4% or $398,927 at 6%; with 50% employer match about $398,927 at 4% or $265,951 at 6%; with 100% employer match about $299,195 at 4% or $199,463 at 6%.
MEDNET FINANCIAL, INC. CASH BALANCE PLAN-5$56,668$70,000$14,000iApproximate average salary by contribution assumption: employee only about $350,000 at 4% or $233,333 at 6%; with 50% employer match about $233,333 at 4% or $155,556 at 6%; with 100% employer match about $175,000 at 4% or $116,667 at 6%.
200715$1,844,036$110,787$22,157iApproximate average salary by contribution assumption: employee only about $553,935 at 4% or $369,290 at 6%; with 50% employer match about $369,290 at 4% or $246,193 at 6%; with 100% employer match about $276,968 at 4% or $184,645 at 6%.
Mednet Financial Inc. Profit Sharing Plan-5$1,844,036$110,787$22,157iApproximate average salary by contribution assumption: employee only about $553,935 at 4% or $369,290 at 6%; with 50% employer match about $369,290 at 4% or $246,193 at 6%; with 100% employer match about $276,968 at 4% or $184,645 at 6%.
200614$1,624,023$102,205$25,551iApproximate average salary by contribution assumption: employee only about $638,781 at 4% or $425,854 at 6%; with 50% employer match about $425,854 at 4% or $283,903 at 6%; with 100% employer match about $319,391 at 4% or $212,927 at 6%.
Mednet Financial Inc. Profit Sharing Plan-4$1,624,023$102,205$25,551iApproximate average salary by contribution assumption: employee only about $638,781 at 4% or $425,854 at 6%; with 50% employer match about $425,854 at 4% or $283,903 at 6%; with 100% employer match about $319,391 at 4% or $212,927 at 6%.
200514$1,320,764$97,914$24,479iApproximate average salary by contribution assumption: employee only about $611,963 at 4% or $407,975 at 6%; with 50% employer match about $407,975 at 4% or $271,983 at 6%; with 100% employer match about $305,981 at 4% or $203,988 at 6%.
Mednet Financial Inc. Profit Sharing Plan-4$1,320,764$97,914$24,479iApproximate average salary by contribution assumption: employee only about $611,963 at 4% or $407,975 at 6%; with 50% employer match about $407,975 at 4% or $271,983 at 6%; with 100% employer match about $305,981 at 4% or $203,988 at 6%.
200413$1,142,234$89,133$29,711iApproximate average salary by contribution assumption: employee only about $742,775 at 4% or $495,183 at 6%; with 50% employer match about $495,183 at 4% or $330,122 at 6%; with 100% employer match about $371,388 at 4% or $247,592 at 6%.
Mednet Financial Inc. Profit Sharing Plan-3$1,142,234$89,133$29,711iApproximate average salary by contribution assumption: employee only about $742,775 at 4% or $495,183 at 6%; with 50% employer match about $495,183 at 4% or $330,122 at 6%; with 100% employer match about $371,388 at 4% or $247,592 at 6%.
200313$912,403$91,798$30,599iApproximate average salary by contribution assumption: employee only about $764,983 at 4% or $509,989 at 6%; with 50% employer match about $509,989 at 4% or $339,993 at 6%; with 100% employer match about $382,492 at 4% or $254,994 at 6%.
Mednet Financial Inc. Profit Sharing Plan-3$912,403$91,798$30,599iApproximate average salary by contribution assumption: employee only about $764,983 at 4% or $509,989 at 6%; with 50% employer match about $509,989 at 4% or $339,993 at 6%; with 100% employer match about $382,492 at 4% or $254,994 at 6%.
200214$642,105$92,766$23,192iApproximate average salary by contribution assumption: employee only about $579,788 at 4% or $386,525 at 6%; with 50% employer match about $386,525 at 4% or $257,683 at 6%; with 100% employer match about $289,894 at 4% or $193,263 at 6%.
Mednet Financial Inc. Profit Sharing Plan-4$642,105$92,766$23,192iApproximate average salary by contribution assumption: employee only about $579,788 at 4% or $386,525 at 6%; with 50% employer match about $386,525 at 4% or $257,683 at 6%; with 100% employer match about $289,894 at 4% or $193,263 at 6%.
200110$715,744$61,890-
Mednet Financial Inc. Profit Sharing Plan-0$715,744$61,890-
200015$1,031,955$80,716$16,143iApproximate average salary by contribution assumption: employee only about $403,580 at 4% or $269,053 at 6%; with 50% employer match about $269,053 at 4% or $179,369 at 6%; with 100% employer match about $201,790 at 4% or $134,527 at 6%.
Mednet Financial Inc. Profit Sharing Plan-5$1,031,955$80,716$16,143iApproximate average salary by contribution assumption: employee only about $403,580 at 4% or $269,053 at 6%; with 50% employer match about $269,053 at 4% or $179,369 at 6%; with 100% employer match about $201,790 at 4% or $134,527 at 6%.
199915$956,478$81,055$16,211iApproximate average salary by contribution assumption: employee only about $405,275 at 4% or $270,183 at 6%; with 50% employer match about $270,183 at 4% or $180,122 at 6%; with 100% employer match about $202,638 at 4% or $135,092 at 6%.
Mednet Financial Inc. Profit Sharing Plan-5$956,478$81,055$16,211iApproximate average salary by contribution assumption: employee only about $405,275 at 4% or $270,183 at 6%; with 50% employer match about $270,183 at 4% or $180,122 at 6%; with 100% employer match about $202,638 at 4% or $135,092 at 6%.