Civic Intelligence

Sommers Inc.

Plan context: Sommers Inc. Employee Savings & Retirement

EIN 23-1875382 • Coral Gables, FL • 32 filings • 4 plans

PO Box 144177Coral Gables, FL 33114-4177
Current Snapshot

Latest Year

2024

2024 Participants

8

2024 Assets

$1,487,834

2024 Contributions

$144,324

Historical Graphs

Total Assets Over Time

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

$1,487,834$743,917$0199920142024YearValue
$1,487,834Latest year 2024

Participants Over Time

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

86430199920122024YearValue
8Latest 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
202418$1,487,834$144,324$18,041iApproximate average salary by contribution assumption: employee only about $451,013 at 4% or $300,675 at 6%; with 50% employer match about $300,675 at 4% or $200,450 at 6%; with 100% employer match about $225,506 at 4% or $150,338 at 6%.
Sommers Inc. Employee Savings & Retirement-8$1,487,834$144,324$18,041iApproximate average salary by contribution assumption: employee only about $451,013 at 4% or $300,675 at 6%; with 50% employer match about $300,675 at 4% or $200,450 at 6%; with 100% employer match about $225,506 at 4% or $150,338 at 6%.
202318$1,458,041$137,277$17,160iApproximate average salary by contribution assumption: employee only about $428,991 at 4% or $285,994 at 6%; with 50% employer match about $285,994 at 4% or $190,663 at 6%; with 100% employer match about $214,495 at 4% or $142,997 at 6%.
Sommers Inc. Employee Savings & Retirement-8$1,458,041$137,277$17,160iApproximate average salary by contribution assumption: employee only about $428,991 at 4% or $285,994 at 6%; with 50% employer match about $285,994 at 4% or $190,663 at 6%; with 100% employer match about $214,495 at 4% or $142,997 at 6%.
202217$1,190,395$123,130$17,590iApproximate average salary by contribution assumption: employee only about $439,750 at 4% or $293,167 at 6%; with 50% employer match about $293,167 at 4% or $195,444 at 6%; with 100% employer match about $219,875 at 4% or $146,583 at 6%.
Sommers Inc. Employee Savings & Retirement-7$1,190,395$123,130$17,590iApproximate average salary by contribution assumption: employee only about $439,750 at 4% or $293,167 at 6%; with 50% employer match about $293,167 at 4% or $195,444 at 6%; with 100% employer match about $219,875 at 4% or $146,583 at 6%.
202116$1,175,139$114,957$19,160iApproximate average salary by contribution assumption: employee only about $478,988 at 4% or $319,325 at 6%; with 50% employer match about $319,325 at 4% or $212,883 at 6%; with 100% employer match about $239,494 at 4% or $159,663 at 6%.
Sommers Inc. Employee Savings & Retirement-6$1,175,139$114,957$19,160iApproximate average salary by contribution assumption: employee only about $478,988 at 4% or $319,325 at 6%; with 50% employer match about $319,325 at 4% or $212,883 at 6%; with 100% employer match about $239,494 at 4% or $159,663 at 6%.
202016$1,027,880$95,551$15,925iApproximate average salary by contribution assumption: employee only about $398,129 at 4% or $265,419 at 6%; with 50% employer match about $265,419 at 4% or $176,946 at 6%; with 100% employer match about $199,065 at 4% or $132,710 at 6%.
Sommers Inc. Employee Savings & Retirement-6$1,027,880$95,551$15,925iApproximate average salary by contribution assumption: employee only about $398,129 at 4% or $265,419 at 6%; with 50% employer match about $265,419 at 4% or $176,946 at 6%; with 100% employer match about $199,065 at 4% or $132,710 at 6%.
201915$917,019$79,688$15,938iApproximate average salary by contribution assumption: employee only about $398,440 at 4% or $265,627 at 6%; with 50% employer match about $265,627 at 4% or $177,084 at 6%; with 100% employer match about $199,220 at 4% or $132,813 at 6%.
Sommers Inc. Employee Savings & Retirement-5$917,019$79,688$15,938iApproximate average salary by contribution assumption: employee only about $398,440 at 4% or $265,627 at 6%; with 50% employer match about $265,627 at 4% or $177,084 at 6%; with 100% employer match about $199,220 at 4% or $132,813 at 6%.
201814$768,770$76,712$19,178iApproximate average salary by contribution assumption: employee only about $479,450 at 4% or $319,633 at 6%; with 50% employer match about $319,633 at 4% or $213,089 at 6%; with 100% employer match about $239,725 at 4% or $159,817 at 6%.
Sommers Inc. Employee Savings & Retirement-4$768,770$76,712$19,178iApproximate average salary by contribution assumption: employee only about $479,450 at 4% or $319,633 at 6%; with 50% employer match about $319,633 at 4% or $213,089 at 6%; with 100% employer match about $239,725 at 4% or $159,817 at 6%.
201714$733,160$156,786$39,197iApproximate average salary by contribution assumption: employee only about $979,913 at 4% or $653,275 at 6%; with 50% employer match about $653,275 at 4% or $435,517 at 6%; with 100% employer match about $489,956 at 4% or $326,638 at 6%.
Sommers Inc. Employee Savings & Retirement-4$733,160$156,786$39,197iApproximate average salary by contribution assumption: employee only about $979,913 at 4% or $653,275 at 6%; with 50% employer match about $653,275 at 4% or $435,517 at 6%; with 100% employer match about $489,956 at 4% or $326,638 at 6%.
201614$549,440$150,595$37,649iApproximate average salary by contribution assumption: employee only about $941,219 at 4% or $627,479 at 6%; with 50% employer match about $627,479 at 4% or $418,319 at 6%; with 100% employer match about $470,609 at 4% or $313,740 at 6%.
Sommers Inc. Employee Savings & Retirement-4$549,440$150,595$37,649iApproximate average salary by contribution assumption: employee only about $941,219 at 4% or $627,479 at 6%; with 50% employer match about $627,479 at 4% or $418,319 at 6%; with 100% employer match about $470,609 at 4% or $313,740 at 6%.
201513$419,079$79,895$26,632iApproximate average salary by contribution assumption: employee only about $665,792 at 4% or $443,861 at 6%; with 50% employer match about $443,861 at 4% or $295,907 at 6%; with 100% employer match about $332,896 at 4% or $221,931 at 6%.
Sommers Inc. Employee Savings & Retirement-3$419,079$79,895$26,632iApproximate average salary by contribution assumption: employee only about $665,792 at 4% or $443,861 at 6%; with 50% employer match about $443,861 at 4% or $295,907 at 6%; with 100% employer match about $332,896 at 4% or $221,931 at 6%.
201413$356,269$72,928$24,309iApproximate average salary by contribution assumption: employee only about $607,733 at 4% or $405,156 at 6%; with 50% employer match about $405,156 at 4% or $270,104 at 6%; with 100% employer match about $303,867 at 4% or $202,578 at 6%.
Sommers Inc. Employee Savings & Retirement-3$356,269$72,928$24,309iApproximate average salary by contribution assumption: employee only about $607,733 at 4% or $405,156 at 6%; with 50% employer match about $405,156 at 4% or $270,104 at 6%; with 100% employer match about $303,867 at 4% or $202,578 at 6%.
201313$209,003$64,142$21,381iApproximate average salary by contribution assumption: employee only about $534,517 at 4% or $356,344 at 6%; with 50% employer match about $356,344 at 4% or $237,563 at 6%; with 100% employer match about $267,258 at 4% or $178,172 at 6%.
Sommers Inc. Employee Savings & Retirement-3$209,003$64,142$21,381iApproximate average salary by contribution assumption: employee only about $534,517 at 4% or $356,344 at 6%; with 50% employer match about $356,344 at 4% or $237,563 at 6%; with 100% employer match about $267,258 at 4% or $178,172 at 6%.
201213$196,404$61,293$20,431iApproximate average salary by contribution assumption: employee only about $510,775 at 4% or $340,517 at 6%; with 50% employer match about $340,517 at 4% or $227,011 at 6%; with 100% employer match about $255,388 at 4% or $170,258 at 6%.
Sommers Inc. Employee Savings & Retirement-3$196,404$61,293$20,431iApproximate average salary by contribution assumption: employee only about $510,775 at 4% or $340,517 at 6%; with 50% employer match about $340,517 at 4% or $227,011 at 6%; with 100% employer match about $255,388 at 4% or $170,258 at 6%.
201113$139,584$0-
Sommers Inc. Employee Savings & Retirement-3$139,584$0-
201013$145,896$52,000$17,333iApproximate average salary by contribution assumption: employee only about $433,333 at 4% or $288,889 at 6%; with 50% employer match about $288,889 at 4% or $192,593 at 6%; with 100% employer match about $216,667 at 4% or $144,444 at 6%.
Sommers Inc. Employee Savings & Retirement-3$145,896$52,000$17,333iApproximate average salary by contribution assumption: employee only about $433,333 at 4% or $288,889 at 6%; with 50% employer match about $288,889 at 4% or $192,593 at 6%; with 100% employer match about $216,667 at 4% or $144,444 at 6%.
200921$365,399$366,718$366,718iApproximate average salary by contribution assumption: employee only about $9,167,950 at 4% or $6,111,967 at 6%; with 50% employer match about $6,111,967 at 4% or $4,074,644 at 6%; with 100% employer match about $4,583,975 at 4% or $3,055,983 at 6%.
Sommers Inc. Employee Savings & Retirement-1$365,399$366,718$366,718iApproximate average salary by contribution assumption: employee only about $9,167,950 at 4% or $6,111,967 at 6%; with 50% employer match about $6,111,967 at 4% or $4,074,644 at 6%; with 100% employer match about $4,583,975 at 4% or $3,055,983 at 6%.
SOMMERS, INC. RETIREMENT PLAN AND TRUST-0$0--
200812$0$0-
SOMMERS, INC. RETIREMENT PLAN AND TRUST-2---
200712$0$0-
SOMMERS, INC. RETIREMENT PLAN AND TRUST-2---
200613$434,108$0-
SOMMERS, INC. RETIREMENT PLAN AND TRUST-3$434,108--
200513$413,423$90,000$30,000iApproximate average salary by contribution assumption: employee only about $750,000 at 4% or $500,000 at 6%; with 50% employer match about $500,000 at 4% or $333,333 at 6%; with 100% employer match about $375,000 at 4% or $250,000 at 6%.
SOMMERS, INC. RETIREMENT PLAN AND TRUST-3$413,423$90,000$30,000iApproximate average salary by contribution assumption: employee only about $750,000 at 4% or $500,000 at 6%; with 50% employer match about $500,000 at 4% or $333,333 at 6%; with 100% employer match about $375,000 at 4% or $250,000 at 6%.
200413$312,797$152,832$50,944iApproximate average salary by contribution assumption: employee only about $1,273,600 at 4% or $849,067 at 6%; with 50% employer match about $849,067 at 4% or $566,044 at 6%; with 100% employer match about $636,800 at 4% or $424,533 at 6%.
SOMMERS, INC. RETIREMENT PLAN AND TRUST-3$312,797$152,832$50,944iApproximate average salary by contribution assumption: employee only about $1,273,600 at 4% or $849,067 at 6%; with 50% employer match about $849,067 at 4% or $566,044 at 6%; with 100% employer match about $636,800 at 4% or $424,533 at 6%.
200333$0$0-
SOMMERS, INC. RETIREMENT PLAN AND TRUST-3---
S. L. SOMMERS CO INC EMPLOYEE STOCK OWNERSHIP PLAN-0---
Sommers Inc. Employee Savings & Retirement-0---
2002249$715,427$47,703$974iApproximate average salary by contribution assumption: employee only about $24,338 at 4% or $16,226 at 6%; with 50% employer match about $16,226 at 4% or $10,817 at 6%; with 100% employer match about $12,169 at 4% or $8,113 at 6%.
Sommers Inc. Employee Savings & Retirement-4$715,427$47,703$11,926iApproximate average salary by contribution assumption: employee only about $298,144 at 4% or $198,763 at 6%; with 50% employer match about $198,763 at 4% or $132,508 at 6%; with 100% employer match about $149,072 at 4% or $99,381 at 6%.
S. L. SOMMERS CO INC EMPLOYEE STOCK OWNERSHIP PLAN-49---
2001249$0$0-
Sommers Inc. Employee Savings & Retirement-32---
S. L. SOMMERS CO INC EMPLOYEE STOCK OWNERSHIP PLAN-49---
2000250$786,926$120,199$2,404iApproximate average salary by contribution assumption: employee only about $60,100 at 4% or $40,066 at 6%; with 50% employer match about $40,066 at 4% or $26,711 at 6%; with 100% employer match about $30,050 at 4% or $20,033 at 6%.
Sommers Inc. Employee Savings & Retirement-32$786,926$120,199$3,756iApproximate average salary by contribution assumption: employee only about $93,905 at 4% or $62,604 at 6%; with 50% employer match about $62,604 at 4% or $41,736 at 6%; with 100% employer match about $46,953 at 4% or $31,302 at 6%.
S. L. SOMMERS CO INC EMPLOYEE STOCK OWNERSHIP PLAN-50---
1999186$1,000,290$181,890$2,115iApproximate average salary by contribution assumption: employee only about $52,875 at 4% or $35,250 at 6%; with 50% employer match about $35,250 at 4% or $23,500 at 6%; with 100% employer match about $26,438 at 4% or $17,625 at 6%.
Sommers Inc. Employee Savings & Retirement-86$1,000,290$181,890$2,115iApproximate average salary by contribution assumption: employee only about $52,875 at 4% or $35,250 at 6%; with 50% employer match about $35,250 at 4% or $23,500 at 6%; with 100% employer match about $26,438 at 4% or $17,625 at 6%.