Civic Intelligence

Farrell & Thurman PC

Plan context: Farrell & Thurman Profit Sharing Plan

EIN 22-3680634 • Skillman, NJ • 24 filings • 1 plans

172 Tamarack CirSkillman, NJ 08558-2021
Current Snapshot

Latest Year

2024

2024 Participants

2

2024 Assets

$3,865,115

2024 Contributions

$20,000

Historical Graphs

Total Assets Over Time

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

$3,865,115$1,932,558$0200020142024YearValue
$3,865,115Latest year 2024

Participants Over Time

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

420200020132024YearValue
2Latest 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
202412$3,865,115$0-
Farrell & Thurman Profit Sharing Plan-2$3,865,115--
202312$3,061,709$0-
Farrell & Thurman Profit Sharing Plan-2$3,061,709--
202212$2,671,509$0-
Farrell & Thurman Profit Sharing Plan-2$2,671,509--
202112$2,842,820$0-
Farrell & Thurman Profit Sharing Plan-2$2,842,820--
202012$2,568,239$0-
Farrell & Thurman Profit Sharing Plan-2$2,568,239--
201912$2,248,391$0-
Farrell & Thurman Profit Sharing Plan-2$2,248,391--
201812$2,133,587$0-
Farrell & Thurman Profit Sharing Plan-2$2,133,587--
201712$2,112,982$20,000$10,000iApproximate average salary by contribution assumption: employee only about $250,000 at 4% or $166,667 at 6%; with 50% employer match about $166,667 at 4% or $111,111 at 6%; with 100% employer match about $125,000 at 4% or $83,333 at 6%.
Farrell & Thurman Profit Sharing Plan-2$2,112,982$20,000$10,000iApproximate average salary by contribution assumption: employee only about $250,000 at 4% or $166,667 at 6%; with 50% employer match about $166,667 at 4% or $111,111 at 6%; with 100% employer match about $125,000 at 4% or $83,333 at 6%.
201612$1,944,336$73,562$36,781iApproximate average salary by contribution assumption: employee only about $919,525 at 4% or $613,017 at 6%; with 50% employer match about $613,017 at 4% or $408,678 at 6%; with 100% employer match about $459,763 at 4% or $306,508 at 6%.
Farrell & Thurman Profit Sharing Plan-2$1,944,336$73,562$36,781iApproximate average salary by contribution assumption: employee only about $919,525 at 4% or $613,017 at 6%; with 50% employer match about $613,017 at 4% or $408,678 at 6%; with 100% employer match about $459,763 at 4% or $306,508 at 6%.
201512$1,473,113$72,000$36,000iApproximate average salary by contribution assumption: employee only about $900,000 at 4% or $600,000 at 6%; with 50% employer match about $600,000 at 4% or $400,000 at 6%; with 100% employer match about $450,000 at 4% or $300,000 at 6%.
Farrell & Thurman Profit Sharing Plan-2$1,473,113$72,000$36,000iApproximate average salary by contribution assumption: employee only about $900,000 at 4% or $600,000 at 6%; with 50% employer match about $600,000 at 4% or $400,000 at 6%; with 100% employer match about $450,000 at 4% or $300,000 at 6%.
201412$1,477,765$104,000$52,000iApproximate average salary by contribution assumption: employee only about $1,300,000 at 4% or $866,667 at 6%; with 50% employer match about $866,667 at 4% or $577,778 at 6%; with 100% employer match about $650,000 at 4% or $433,333 at 6%.
Farrell & Thurman Profit Sharing Plan-2$1,477,765$104,000$52,000iApproximate average salary by contribution assumption: employee only about $1,300,000 at 4% or $866,667 at 6%; with 50% employer match about $866,667 at 4% or $577,778 at 6%; with 100% employer match about $650,000 at 4% or $433,333 at 6%.
201313$1,153,481$138,500$46,167iApproximate average salary by contribution assumption: employee only about $1,154,167 at 4% or $769,444 at 6%; with 50% employer match about $769,444 at 4% or $512,963 at 6%; with 100% employer match about $577,083 at 4% or $384,722 at 6%.
Farrell & Thurman Profit Sharing Plan-3$1,153,481$138,500$46,167iApproximate average salary by contribution assumption: employee only about $1,154,167 at 4% or $769,444 at 6%; with 50% employer match about $769,444 at 4% or $512,963 at 6%; with 100% employer match about $577,083 at 4% or $384,722 at 6%.
201213$905,278$79,000$26,333iApproximate average salary by contribution assumption: employee only about $658,333 at 4% or $438,889 at 6%; with 50% employer match about $438,889 at 4% or $292,593 at 6%; with 100% employer match about $329,167 at 4% or $219,444 at 6%.
Farrell & Thurman Profit Sharing Plan-3$905,278$79,000$26,333iApproximate average salary by contribution assumption: employee only about $658,333 at 4% or $438,889 at 6%; with 50% employer match about $438,889 at 4% or $292,593 at 6%; with 100% employer match about $329,167 at 4% or $219,444 at 6%.
201113$904,295$0-
Farrell & Thurman Profit Sharing Plan-3$904,295--
201013$1,010,854$2,699$900iApproximate average salary by contribution assumption: employee only about $22,492 at 4% or $14,994 at 6%; with 50% employer match about $14,994 at 4% or $9,996 at 6%; with 100% employer match about $11,246 at 4% or $7,497 at 6%.
Farrell & Thurman Profit Sharing Plan-3$1,010,854$2,699$900iApproximate average salary by contribution assumption: employee only about $22,492 at 4% or $14,994 at 6%; with 50% employer match about $14,994 at 4% or $9,996 at 6%; with 100% employer match about $11,246 at 4% or $7,497 at 6%.
200913$966,364$39,263$13,088iApproximate average salary by contribution assumption: employee only about $327,192 at 4% or $218,128 at 6%; with 50% employer match about $218,128 at 4% or $145,419 at 6%; with 100% employer match about $163,596 at 4% or $109,064 at 6%.
Farrell & Thurman Profit Sharing Plan-3$966,364$39,263$13,088iApproximate average salary by contribution assumption: employee only about $327,192 at 4% or $218,128 at 6%; with 50% employer match about $218,128 at 4% or $145,419 at 6%; with 100% employer match about $163,596 at 4% or $109,064 at 6%.
200713$0$0-
Farrell & Thurman Profit Sharing Plan-3---
200613$856,897$113,500$37,833iApproximate average salary by contribution assumption: employee only about $945,833 at 4% or $630,556 at 6%; with 50% employer match about $630,556 at 4% or $420,370 at 6%; with 100% employer match about $472,917 at 4% or $315,278 at 6%.
Farrell & Thurman Profit Sharing Plan-3$856,897$113,500$37,833iApproximate average salary by contribution assumption: employee only about $945,833 at 4% or $630,556 at 6%; with 50% employer match about $630,556 at 4% or $420,370 at 6%; with 100% employer match about $472,917 at 4% or $315,278 at 6%.
200513$686,601$0-
Farrell & Thurman Profit Sharing Plan-3$686,601--
200414$599,398$69,500$17,375iApproximate average salary by contribution assumption: employee only about $434,375 at 4% or $289,583 at 6%; with 50% employer match about $289,583 at 4% or $193,056 at 6%; with 100% employer match about $217,188 at 4% or $144,792 at 6%.
Farrell & Thurman Profit Sharing Plan-4$599,398$69,500$17,375iApproximate average salary by contribution assumption: employee only about $434,375 at 4% or $289,583 at 6%; with 50% employer match about $289,583 at 4% or $193,056 at 6%; with 100% employer match about $217,188 at 4% or $144,792 at 6%.
200312$515,379$80,000$40,000iApproximate average salary by contribution assumption: employee only about $1,000,000 at 4% or $666,667 at 6%; with 50% employer match about $666,667 at 4% or $444,444 at 6%; with 100% employer match about $500,000 at 4% or $333,333 at 6%.
Farrell & Thurman Profit Sharing Plan-2$515,379$80,000$40,000iApproximate average salary by contribution assumption: employee only about $1,000,000 at 4% or $666,667 at 6%; with 50% employer match about $666,667 at 4% or $444,444 at 6%; with 100% employer match about $500,000 at 4% or $333,333 at 6%.
200212$0$0-
Farrell & Thurman Profit Sharing Plan-2---
200112$102,020$51,000$25,500iApproximate average salary by contribution assumption: employee only about $637,500 at 4% or $425,000 at 6%; with 50% employer match about $425,000 at 4% or $283,333 at 6%; with 100% employer match about $318,750 at 4% or $212,500 at 6%.
Farrell & Thurman Profit Sharing Plan-2$102,020$51,000$25,500iApproximate average salary by contribution assumption: employee only about $637,500 at 4% or $425,000 at 6%; with 50% employer match about $425,000 at 4% or $283,333 at 6%; with 100% employer match about $318,750 at 4% or $212,500 at 6%.
200012$51,000$51,000$25,500iApproximate average salary by contribution assumption: employee only about $637,500 at 4% or $425,000 at 6%; with 50% employer match about $425,000 at 4% or $283,333 at 6%; with 100% employer match about $318,750 at 4% or $212,500 at 6%.
Farrell & Thurman Profit Sharing Plan-2$51,000$51,000$25,500iApproximate average salary by contribution assumption: employee only about $637,500 at 4% or $425,000 at 6%; with 50% employer match about $425,000 at 4% or $283,333 at 6%; with 100% employer match about $318,750 at 4% or $212,500 at 6%.