Civic Intelligence

Shanthi Thangam, MD

Plan context: Happy Hearts Cash Balance Plan

EIN 22-3872112 • Odessa, TX • 19 filings • 3 plans

419 N. JacksonOdessa, TX 79761
Current Snapshot

Latest Year

2023

2023 Participants

5

2023 Assets

$567,254

2023 Contributions

$780

Historical Graphs

Total Assets Over Time

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

$1,083,778$541,889$0201420182022YearValue
$567,254Latest year 2022

Participants Over Time

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

740201420182022YearValue
5Latest year 2022

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
202310$0$0-
Happy Hearts Cash Balance Plan-0$0$0-
202225$567,254$780$156iApproximate average salary by contribution assumption: employee only about $3,900 at 4% or $2,600 at 6%; with 50% employer match about $2,600 at 4% or $1,733 at 6%; with 100% employer match about $1,950 at 4% or $1,300 at 6%.
Happy Hearts Cash Balance Plan-5$526,091$0-
Happy Hearts 401K Profit Sharing Plan-5$41,163$780$156iApproximate average salary by contribution assumption: employee only about $3,900 at 4% or $2,600 at 6%; with 50% employer match about $2,600 at 4% or $1,733 at 6%; with 100% employer match about $1,950 at 4% or $1,300 at 6%.
202125$1,083,778$44,356$8,871iApproximate average salary by contribution assumption: employee only about $221,780 at 4% or $147,853 at 6%; with 50% employer match about $147,853 at 4% or $98,569 at 6%; with 100% employer match about $110,890 at 4% or $73,927 at 6%.
Happy Hearts Cash Balance Plan-4$579,405$0-
Happy Hearts 401K Profit Sharing Plan-5$504,373$44,356$8,871iApproximate average salary by contribution assumption: employee only about $221,780 at 4% or $147,853 at 6%; with 50% employer match about $147,853 at 4% or $98,569 at 6%; with 100% employer match about $110,890 at 4% or $73,927 at 6%.
202023$1,054,207$57,540$19,180iApproximate average salary by contribution assumption: employee only about $479,500 at 4% or $319,667 at 6%; with 50% employer match about $319,667 at 4% or $213,111 at 6%; with 100% employer match about $239,750 at 4% or $159,833 at 6%.
Happy Hearts Cash Balance Plan-3$570,381$57,000$19,000iApproximate average salary by contribution assumption: employee only about $475,000 at 4% or $316,667 at 6%; with 50% employer match about $316,667 at 4% or $211,111 at 6%; with 100% employer match about $237,500 at 4% or $158,333 at 6%.
Happy Hearts 401K Profit Sharing Plan-3$483,826$540$180iApproximate average salary by contribution assumption: employee only about $4,500 at 4% or $3,000 at 6%; with 50% employer match about $3,000 at 4% or $2,000 at 6%; with 100% employer match about $2,250 at 4% or $1,500 at 6%.
201926$920,019$155,514$25,919iApproximate average salary by contribution assumption: employee only about $647,975 at 4% or $431,983 at 6%; with 50% employer match about $431,983 at 4% or $287,989 at 6%; with 100% employer match about $323,988 at 4% or $215,992 at 6%.
Happy Hearts Cash Balance Plan-6$489,930$112,294$18,716iApproximate average salary by contribution assumption: employee only about $467,892 at 4% or $311,928 at 6%; with 50% employer match about $311,928 at 4% or $207,952 at 6%; with 100% employer match about $233,946 at 4% or $155,964 at 6%.
Happy Hearts 401K Profit Sharing Plan-4$430,089$43,220$10,805iApproximate average salary by contribution assumption: employee only about $270,125 at 4% or $180,083 at 6%; with 50% employer match about $180,083 at 4% or $120,056 at 6%; with 100% employer match about $135,063 at 4% or $90,042 at 6%.
201826$763,456$170,260$28,377iApproximate average salary by contribution assumption: employee only about $709,417 at 4% or $472,944 at 6%; with 50% employer match about $472,944 at 4% or $315,296 at 6%; with 100% employer match about $354,708 at 4% or $236,472 at 6%.
Happy Hearts Cash Balance Plan-6$392,643$145,000$24,167iApproximate average salary by contribution assumption: employee only about $604,167 at 4% or $402,778 at 6%; with 50% employer match about $402,778 at 4% or $268,519 at 6%; with 100% employer match about $302,083 at 4% or $201,389 at 6%.
Happy Hearts 401K Profit Sharing Plan-6$370,813$25,260$4,210iApproximate average salary by contribution assumption: employee only about $105,250 at 4% or $70,167 at 6%; with 50% employer match about $70,167 at 4% or $46,778 at 6%; with 100% employer match about $52,625 at 4% or $35,083 at 6%.
201727$669,608$66,063$9,438iApproximate average salary by contribution assumption: employee only about $235,939 at 4% or $157,293 at 6%; with 50% employer match about $157,293 at 4% or $104,862 at 6%; with 100% employer match about $117,970 at 4% or $78,646 at 6%.
Happy Hearts 401K Profit Sharing Plan-5$387,162$46,063$9,213iApproximate average salary by contribution assumption: employee only about $230,315 at 4% or $153,543 at 6%; with 50% employer match about $153,543 at 4% or $102,362 at 6%; with 100% employer match about $115,158 at 4% or $76,772 at 6%.
Happy Hearts Cash Balance Plan-7$282,446$20,000$2,857iApproximate average salary by contribution assumption: employee only about $71,429 at 4% or $47,619 at 6%; with 50% employer match about $47,619 at 4% or $31,746 at 6%; with 100% employer match about $35,714 at 4% or $23,810 at 6%.
201626$540,036$112,620$18,770iApproximate average salary by contribution assumption: employee only about $469,250 at 4% or $312,833 at 6%; with 50% employer match about $312,833 at 4% or $208,556 at 6%; with 100% employer match about $234,625 at 4% or $156,417 at 6%.
Happy Hearts 401K Profit Sharing Plan-6$306,551$47,620$7,937iApproximate average salary by contribution assumption: employee only about $198,417 at 4% or $132,278 at 6%; with 50% employer match about $132,278 at 4% or $88,185 at 6%; with 100% employer match about $99,208 at 4% or $66,139 at 6%.
Happy Hearts Cash Balance Plan-6$233,485$65,000$10,833iApproximate average salary by contribution assumption: employee only about $270,833 at 4% or $180,556 at 6%; with 50% employer match about $180,556 at 4% or $120,370 at 6%; with 100% employer match about $135,417 at 4% or $90,278 at 6%.
201525$411,966$249,905$49,981iApproximate average salary by contribution assumption: employee only about $1,249,525 at 4% or $833,017 at 6%; with 50% employer match about $833,017 at 4% or $555,344 at 6%; with 100% employer match about $624,763 at 4% or $416,508 at 6%.
Happy Hearts 401K Profit Sharing Plan-4$247,808$164,905$41,226iApproximate average salary by contribution assumption: employee only about $1,030,656 at 4% or $687,104 at 6%; with 50% employer match about $687,104 at 4% or $458,069 at 6%; with 100% employer match about $515,328 at 4% or $343,552 at 6%.
Happy Hearts Cash Balance Plan-5$164,158$85,000$17,000iApproximate average salary by contribution assumption: employee only about $425,000 at 4% or $283,333 at 6%; with 50% employer match about $283,333 at 4% or $188,889 at 6%; with 100% employer match about $212,500 at 4% or $141,667 at 6%.
201425$211,780$209,855$41,971iApproximate average salary by contribution assumption: employee only about $1,049,275 at 4% or $699,517 at 6%; with 50% employer match about $699,517 at 4% or $466,344 at 6%; with 100% employer match about $524,638 at 4% or $349,758 at 6%.
Happy Hearts 401K Profit Sharing Plan-5$131,554$129,629$25,926iApproximate average salary by contribution assumption: employee only about $648,145 at 4% or $432,097 at 6%; with 50% employer match about $432,097 at 4% or $288,064 at 6%; with 100% employer match about $324,073 at 4% or $216,048 at 6%.
Happy Hearts Cash Balance Plan-5$80,226$80,226$16,045iApproximate average salary by contribution assumption: employee only about $401,130 at 4% or $267,420 at 6%; with 50% employer match about $267,420 at 4% or $178,280 at 6%; with 100% employer match about $200,565 at 4% or $133,710 at 6%.