Civic Intelligence

Gara Sommers, MD, PC

Plan context: Gara Sommers MD PC Retirement Trust

EIN 22-3594575 • Teaneck, NJ • 21 filings • 3 plans

718 Teaneck RoadTeaneck, NJ 07666
Current Snapshot

Latest Year

2024

2024 Participants

2

2024 Assets

$1,853,601

2024 Contributions

$30,000

Historical Graphs

Total Assets Over Time

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

$1,867,727$933,864$0200020142023YearValue
$1,853,601Latest year 2023

Participants Over Time

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

210200020142023YearValue
2Latest 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-
Gara Sommers MD PC Retirement Trust-0$0$0-
202312$1,853,601$0-
Gara Sommers MD PC Retirement Trust-2$1,853,601$0-
202212$1,668,786$0-
Gara Sommers MD PC Retirement Trust-2$1,668,786$0-
202112$1,867,727$0-
Gara Sommers MD PC Retirement Trust-2$1,867,727$0-
202012$1,840,584$30,000$15,000iApproximate average salary by contribution assumption: employee only about $375,000 at 4% or $250,000 at 6%; with 50% employer match about $250,000 at 4% or $166,667 at 6%; with 100% employer match about $187,500 at 4% or $125,000 at 6%.
Gara Sommers MD PC Retirement Trust-2$1,840,584$30,000$15,000iApproximate average salary by contribution assumption: employee only about $375,000 at 4% or $250,000 at 6%; with 50% employer match about $250,000 at 4% or $166,667 at 6%; with 100% employer match about $187,500 at 4% or $125,000 at 6%.
201912$1,702,458$50,000$25,000iApproximate average salary by contribution assumption: employee only about $625,000 at 4% or $416,667 at 6%; with 50% employer match about $416,667 at 4% or $277,778 at 6%; with 100% employer match about $312,500 at 4% or $208,333 at 6%.
Gara Sommers MD PC Retirement Trust-2$1,702,458$50,000$25,000iApproximate average salary by contribution assumption: employee only about $625,000 at 4% or $416,667 at 6%; with 50% employer match about $416,667 at 4% or $277,778 at 6%; with 100% employer match about $312,500 at 4% or $208,333 at 6%.
201812$1,571,781$190,000$95,000iApproximate average salary by contribution assumption: employee only about $2,375,000 at 4% or $1,583,333 at 6%; with 50% employer match about $1,583,333 at 4% or $1,055,556 at 6%; with 100% employer match about $1,187,500 at 4% or $791,667 at 6%.
Gara Sommers MD PC Retirement Trust-2$1,571,781$190,000$95,000iApproximate average salary by contribution assumption: employee only about $2,375,000 at 4% or $1,583,333 at 6%; with 50% employer match about $1,583,333 at 4% or $1,055,556 at 6%; with 100% employer match about $1,187,500 at 4% or $791,667 at 6%.
201712$1,406,241$200,000$100,000iApproximate average salary by contribution assumption: employee only about $2,500,000 at 4% or $1,666,667 at 6%; with 50% employer match about $1,666,667 at 4% or $1,111,111 at 6%; with 100% employer match about $1,250,000 at 4% or $833,333 at 6%.
Gara Sommers MD PC Retirement Trust-2$1,406,241$200,000$100,000iApproximate average salary by contribution assumption: employee only about $2,500,000 at 4% or $1,666,667 at 6%; with 50% employer match about $1,666,667 at 4% or $1,111,111 at 6%; with 100% employer match about $1,250,000 at 4% or $833,333 at 6%.
201612$1,149,363$155,000$77,500iApproximate average salary by contribution assumption: employee only about $1,937,500 at 4% or $1,291,667 at 6%; with 50% employer match about $1,291,667 at 4% or $861,111 at 6%; with 100% employer match about $968,750 at 4% or $645,833 at 6%.
Gara Sommers MD PC Retirement Trust-2$1,149,363$155,000$77,500iApproximate average salary by contribution assumption: employee only about $1,937,500 at 4% or $1,291,667 at 6%; with 50% employer match about $1,291,667 at 4% or $861,111 at 6%; with 100% employer match about $968,750 at 4% or $645,833 at 6%.
201512$963,556$120,000$60,000iApproximate average salary by contribution assumption: employee only about $1,500,000 at 4% or $1,000,000 at 6%; with 50% employer match about $1,000,000 at 4% or $666,667 at 6%; with 100% employer match about $750,000 at 4% or $500,000 at 6%.
Gara Sommers MD PC Retirement Trust-2$963,556$120,000$60,000iApproximate average salary by contribution assumption: employee only about $1,500,000 at 4% or $1,000,000 at 6%; with 50% employer match about $1,000,000 at 4% or $666,667 at 6%; with 100% employer match about $750,000 at 4% or $500,000 at 6%.
201412$876,735$90,000$45,000iApproximate average salary by contribution assumption: employee only about $1,125,000 at 4% or $750,000 at 6%; with 50% employer match about $750,000 at 4% or $500,000 at 6%; with 100% employer match about $562,500 at 4% or $375,000 at 6%.
Gara Sommers MD PC Retirement Trust-2$876,735$90,000$45,000iApproximate average salary by contribution assumption: employee only about $1,125,000 at 4% or $750,000 at 6%; with 50% employer match about $750,000 at 4% or $500,000 at 6%; with 100% employer match about $562,500 at 4% or $375,000 at 6%.
201312$753,137$135,000$67,500iApproximate average salary by contribution assumption: employee only about $1,687,500 at 4% or $1,125,000 at 6%; with 50% employer match about $1,125,000 at 4% or $750,000 at 6%; with 100% employer match about $843,750 at 4% or $562,500 at 6%.
Gara Sommers MD PC Retirement Trust-2$753,137$135,000$67,500iApproximate average salary by contribution assumption: employee only about $1,687,500 at 4% or $1,125,000 at 6%; with 50% employer match about $1,125,000 at 4% or $750,000 at 6%; with 100% employer match about $843,750 at 4% or $562,500 at 6%.
201212$611,684$135,000$67,500iApproximate average salary by contribution assumption: employee only about $1,687,500 at 4% or $1,125,000 at 6%; with 50% employer match about $1,125,000 at 4% or $750,000 at 6%; with 100% employer match about $843,750 at 4% or $562,500 at 6%.
Gara Sommers MD PC Retirement Trust-2$611,684$135,000$67,500iApproximate average salary by contribution assumption: employee only about $1,687,500 at 4% or $1,125,000 at 6%; with 50% employer match about $1,125,000 at 4% or $750,000 at 6%; with 100% employer match about $843,750 at 4% or $562,500 at 6%.
201012$397,367$150,000$75,000iApproximate average salary by contribution assumption: employee only about $1,875,000 at 4% or $1,250,000 at 6%; with 50% employer match about $1,250,000 at 4% or $833,333 at 6%; with 100% employer match about $937,500 at 4% or $625,000 at 6%.
Gara Sommers MD PC Retirement Trust-2$397,367$150,000$75,000iApproximate average salary by contribution assumption: employee only about $1,875,000 at 4% or $1,250,000 at 6%; with 50% employer match about $1,250,000 at 4% or $833,333 at 6%; with 100% employer match about $937,500 at 4% or $625,000 at 6%.
200912$178,281$98,227$49,114iApproximate average salary by contribution assumption: employee only about $1,227,838 at 4% or $818,558 at 6%; with 50% employer match about $818,558 at 4% or $545,706 at 6%; with 100% employer match about $613,919 at 4% or $409,279 at 6%.
Gara Sommers MD PC Retirement Trust-2$178,281$98,227$49,114iApproximate average salary by contribution assumption: employee only about $1,227,838 at 4% or $818,558 at 6%; with 50% employer match about $818,558 at 4% or $545,706 at 6%; with 100% employer match about $613,919 at 4% or $409,279 at 6%.
200610$0$0-
Gara Sommers, MD PC, Pension Plan-0---
200512$564,391$59,047$29,524iApproximate average salary by contribution assumption: employee only about $738,088 at 4% or $492,058 at 6%; with 50% employer match about $492,058 at 4% or $328,039 at 6%; with 100% employer match about $369,044 at 4% or $246,029 at 6%.
Gara Sommers, MD PC, Pension Plan-2$564,391$59,047$29,524iApproximate average salary by contribution assumption: employee only about $738,088 at 4% or $492,058 at 6%; with 50% employer match about $492,058 at 4% or $328,039 at 6%; with 100% employer match about $369,044 at 4% or $246,029 at 6%.
200412$457,841$125,012$62,506iApproximate average salary by contribution assumption: employee only about $1,562,650 at 4% or $1,041,767 at 6%; with 50% employer match about $1,041,767 at 4% or $694,511 at 6%; with 100% employer match about $781,325 at 4% or $520,883 at 6%.
Gara Sommers, MD PC, Pension Plan-2$457,841$125,012$62,506iApproximate average salary by contribution assumption: employee only about $1,562,650 at 4% or $1,041,767 at 6%; with 50% employer match about $1,041,767 at 4% or $694,511 at 6%; with 100% employer match about $781,325 at 4% or $520,883 at 6%.
200312$319,299$100,445$50,223iApproximate average salary by contribution assumption: employee only about $1,255,563 at 4% or $837,042 at 6%; with 50% employer match about $837,042 at 4% or $558,028 at 6%; with 100% employer match about $627,781 at 4% or $418,521 at 6%.
Gara Sommers, MD PC, Pension Plan-2$319,299$100,445$50,223iApproximate average salary by contribution assumption: employee only about $1,255,563 at 4% or $837,042 at 6%; with 50% employer match about $837,042 at 4% or $558,028 at 6%; with 100% employer match about $627,781 at 4% or $418,521 at 6%.
200212$196,292$96,507$48,254iApproximate average salary by contribution assumption: employee only about $1,206,338 at 4% or $804,225 at 6%; with 50% employer match about $804,225 at 4% or $536,150 at 6%; with 100% employer match about $603,169 at 4% or $402,113 at 6%.
Gara Sommers, MD PC, Pension Plan-2$196,292$96,507$48,254iApproximate average salary by contribution assumption: employee only about $1,206,338 at 4% or $804,225 at 6%; with 50% employer match about $804,225 at 4% or $536,150 at 6%; with 100% employer match about $603,169 at 4% or $402,113 at 6%.
200012$50,736$50,293$25,147iApproximate average salary by contribution assumption: employee only about $628,663 at 4% or $419,108 at 6%; with 50% employer match about $419,108 at 4% or $279,406 at 6%; with 100% employer match about $314,331 at 4% or $209,554 at 6%.
Gara Sommers, MD PC, Pension Plan-2$50,736$50,293$25,147iApproximate average salary by contribution assumption: employee only about $628,663 at 4% or $419,108 at 6%; with 50% employer match about $419,108 at 4% or $279,406 at 6%; with 100% employer match about $314,331 at 4% or $209,554 at 6%.