Civic Intelligence

Love Grows Inc.

Plan context: LOVE GROWS INC. CASH BALANCE PENSION PLAN AND TRUST

EIN 22-3847577 • East Hanover, NJ • 17 filings • 5 plans

5 Troy RoadEast Hanover, NJ 07936
Current Snapshot

Latest Year

2023

2023 Participants

2

2023 Assets

$1,333,004

2023 Contributions

$319,242

Historical Graphs

Total Assets Over Time

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

$1,339,999$670,000$0201620202023YearValue
$1,333,004Latest year 2023

Participants Over Time

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

35180201620202023YearValue
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
202342$1,333,004$0-
LOVE GROWS INC. CASH BALANCE PENSION PLAN AND TRUST-2$1,090,537--
LOVE GROWS INC. PROFIT-SHARING PLAN AND TRUST-2$242,467--
LOVE GROWS INC CASH BALANCE PENSION PLAN AND TRUST-0$0--
LOVE GROWS INC PROFIT-SHARING PLAN AND TRUST-0$0--
202232$1,339,999$319,242$159,621iApproximate average salary by contribution assumption: employee only about $3,990,525 at 4% or $2,660,350 at 6%; with 50% employer match about $2,660,350 at 4% or $1,773,567 at 6%; with 100% employer match about $1,995,263 at 4% or $1,330,175 at 6%.
LOVE GROWS INC. CASH BALANCE PENSION PLAN AND TRUST-2$1,052,140$300,000$150,000iApproximate average salary by contribution assumption: employee only about $3,750,000 at 4% or $2,500,000 at 6%; with 50% employer match about $2,500,000 at 4% or $1,666,667 at 6%; with 100% employer match about $1,875,000 at 4% or $1,250,000 at 6%.
LOVE GROWS INC. PROFIT-SHARING PLAN AND TRUST-2$201,233$2,500$1,250iApproximate average salary by contribution assumption: employee only about $31,250 at 4% or $20,833 at 6%; with 50% employer match about $20,833 at 4% or $13,889 at 6%; with 100% employer match about $15,625 at 4% or $10,417 at 6%.
Love Grows Inc.-1$86,626$16,742$16,742iApproximate average salary by contribution assumption: employee only about $418,550 at 4% or $279,033 at 6%; with 50% employer match about $279,033 at 4% or $186,022 at 6%; with 100% employer match about $209,275 at 4% or $139,517 at 6%.
202122$1,048,764$282,738$141,369iApproximate average salary by contribution assumption: employee only about $3,534,225 at 4% or $2,356,150 at 6%; with 50% employer match about $2,356,150 at 4% or $1,570,767 at 6%; with 100% employer match about $1,767,113 at 4% or $1,178,075 at 6%.
LOVE GROWS INC. CASH BALANCE PENSION PLAN AND TRUST-2$803,707$280,238$140,119iApproximate average salary by contribution assumption: employee only about $3,502,975 at 4% or $2,335,317 at 6%; with 50% employer match about $2,335,317 at 4% or $1,556,878 at 6%; with 100% employer match about $1,751,488 at 4% or $1,167,658 at 6%.
LOVE GROWS INC. PROFIT-SHARING PLAN AND TRUST-2$245,057$2,500$1,250iApproximate average salary by contribution assumption: employee only about $31,250 at 4% or $20,833 at 6%; with 50% employer match about $20,833 at 4% or $13,889 at 6%; with 100% employer match about $15,625 at 4% or $10,417 at 6%.
202022$679,903$243,253$121,627iApproximate average salary by contribution assumption: employee only about $3,040,663 at 4% or $2,027,108 at 6%; with 50% employer match about $2,027,108 at 4% or $1,351,406 at 6%; with 100% employer match about $1,520,331 at 4% or $1,013,554 at 6%.
LOVE GROWS INC. CASH BALANCE PENSION PLAN AND TRUST-2$475,257$182,098$91,049iApproximate average salary by contribution assumption: employee only about $2,276,225 at 4% or $1,517,483 at 6%; with 50% employer match about $1,517,483 at 4% or $1,011,656 at 6%; with 100% employer match about $1,138,113 at 4% or $758,742 at 6%.
LOVE GROWS INC. PROFIT-SHARING PLAN AND TRUST-2$204,646$61,155$30,578iApproximate average salary by contribution assumption: employee only about $764,438 at 4% or $509,625 at 6%; with 50% employer match about $509,625 at 4% or $339,750 at 6%; with 100% employer match about $382,219 at 4% or $254,813 at 6%.
2019335$346,383$346,269$9,893iApproximate average salary by contribution assumption: employee only about $247,335 at 4% or $164,890 at 6%; with 50% employer match about $164,890 at 4% or $109,927 at 6%; with 100% employer match about $123,668 at 4% or $82,445 at 6%.
LOVE GROWS INC. CASH BALANCE PENSION PLAN AND TRUST-3$246,114$246,000$82,000iApproximate average salary by contribution assumption: employee only about $2,050,000 at 4% or $1,366,667 at 6%; with 50% employer match about $1,366,667 at 4% or $911,111 at 6%; with 100% employer match about $1,025,000 at 4% or $683,333 at 6%.
LOVE GROWS INC. PROFIT-SHARING PLAN AND TRUST-35$100,269$100,269$2,865iApproximate average salary by contribution assumption: employee only about $71,621 at 4% or $47,747 at 6%; with 50% employer match about $47,747 at 4% or $31,831 at 6%; with 100% employer match about $35,810 at 4% or $23,874 at 6%.
Love Grows Inc.-0$0--
2018127$86,626$40,025$1,482iApproximate average salary by contribution assumption: employee only about $37,060 at 4% or $24,707 at 6%; with 50% employer match about $24,707 at 4% or $16,471 at 6%; with 100% employer match about $18,530 at 4% or $12,353 at 6%.
Love Grows Inc.-27$86,626$40,025$1,482iApproximate average salary by contribution assumption: employee only about $37,060 at 4% or $24,707 at 6%; with 50% employer match about $24,707 at 4% or $16,471 at 6%; with 100% employer match about $18,530 at 4% or $12,353 at 6%.
2017120$55,220$32,893$1,645iApproximate average salary by contribution assumption: employee only about $41,116 at 4% or $27,411 at 6%; with 50% employer match about $27,411 at 4% or $18,274 at 6%; with 100% employer match about $20,558 at 4% or $13,705 at 6%.
Love Grows Inc.-20$55,220$32,893$1,645iApproximate average salary by contribution assumption: employee only about $41,116 at 4% or $27,411 at 6%; with 50% employer match about $27,411 at 4% or $18,274 at 6%; with 100% employer match about $20,558 at 4% or $13,705 at 6%.
201612$22,933$22,165$11,083iApproximate average salary by contribution assumption: employee only about $277,063 at 4% or $184,708 at 6%; with 50% employer match about $184,708 at 4% or $123,139 at 6%; with 100% employer match about $138,531 at 4% or $92,354 at 6%.
Love Grows Inc.-2$22,933$22,165$11,083iApproximate average salary by contribution assumption: employee only about $277,063 at 4% or $184,708 at 6%; with 50% employer match about $184,708 at 4% or $123,139 at 6%; with 100% employer match about $138,531 at 4% or $92,354 at 6%.