Civic Intelligence

The Closeout Group Inc.

Plan context: THE CLOSEOUT GROUP, INC. DEFINED BENEFIT PENSION PLAN

EIN 23-2736439 • Bristol, PA • 29 filings • 3 plans

113 Fillmore StreetBristol, PA 19007
Current Snapshot

Latest Year

2015

2015 Participants

5

2015 Assets

$2,079,762

2015 Contributions

$247,039

Historical Graphs

Total Assets Over Time

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

$2,079,762$1,039,881$0199920082015YearValue
$2,079,762Latest year 2015

Participants Over Time

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

1050199920072015YearValue
5Latest year 2015

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
201535$2,079,762$247,039$49,408iApproximate average salary by contribution assumption: employee only about $1,235,195 at 4% or $823,463 at 6%; with 50% employer match about $823,463 at 4% or $548,976 at 6%; with 100% employer match about $617,598 at 4% or $411,732 at 6%.
THE CLOSEOUT GROUP, INC. DEFINED BENEFIT PENSION PLAN-2$1,221,264$151,784$75,892iApproximate average salary by contribution assumption: employee only about $1,897,300 at 4% or $1,264,867 at 6%; with 50% employer match about $1,264,867 at 4% or $843,244 at 6%; with 100% employer match about $948,650 at 4% or $632,433 at 6%.
The Closeout Group Inc. Profit Sharing Plan-5$858,498$0-
The Closeout Group Inc. Profit Sharing Plan-0$0$95,255-
201425$1,853,960$231,386$46,277iApproximate average salary by contribution assumption: employee only about $1,156,930 at 4% or $771,287 at 6%; with 50% employer match about $771,287 at 4% or $514,191 at 6%; with 100% employer match about $578,465 at 4% or $385,643 at 6%.
THE CLOSEOUT GROUP, INC. DEFINED BENEFIT PENSION PLAN-2$1,076,470$140,926$70,463iApproximate average salary by contribution assumption: employee only about $1,761,575 at 4% or $1,174,383 at 6%; with 50% employer match about $1,174,383 at 4% or $782,922 at 6%; with 100% employer match about $880,788 at 4% or $587,192 at 6%.
The Closeout Group Inc. Profit Sharing Plan-5$777,490$90,460$18,092iApproximate average salary by contribution assumption: employee only about $452,300 at 4% or $301,533 at 6%; with 50% employer match about $301,533 at 4% or $201,022 at 6%; with 100% employer match about $226,150 at 4% or $150,767 at 6%.
2013210$1,766,404$253,214$25,321iApproximate average salary by contribution assumption: employee only about $633,035 at 4% or $422,023 at 6%; with 50% employer match about $422,023 at 4% or $281,349 at 6%; with 100% employer match about $316,518 at 4% or $211,012 at 6%.
THE CLOSEOUT GROUP, INC. DEFINED BENEFIT PENSION PLAN-4$943,119$125,591$31,398iApproximate average salary by contribution assumption: employee only about $784,944 at 4% or $523,296 at 6%; with 50% employer match about $523,296 at 4% or $348,864 at 6%; with 100% employer match about $392,472 at 4% or $261,648 at 6%.
The Closeout Group Inc. Profit Sharing Plan-10$823,285$127,623$12,762iApproximate average salary by contribution assumption: employee only about $319,058 at 4% or $212,705 at 6%; with 50% employer match about $212,705 at 4% or $141,803 at 6%; with 100% employer match about $159,529 at 4% or $106,353 at 6%.
201229$1,450,552$280,587$31,176iApproximate average salary by contribution assumption: employee only about $779,408 at 4% or $519,606 at 6%; with 50% employer match about $519,606 at 4% or $346,404 at 6%; with 100% employer match about $389,704 at 4% or $259,803 at 6%.
THE CLOSEOUT GROUP, INC. DEFINED BENEFIT PENSION PLAN-4$818,705$190,000$47,500iApproximate average salary by contribution assumption: employee only about $1,187,500 at 4% or $791,667 at 6%; with 50% employer match about $791,667 at 4% or $527,778 at 6%; with 100% employer match about $593,750 at 4% or $395,833 at 6%.
The Closeout Group Inc. Profit Sharing Plan-9$631,847$90,587$10,065iApproximate average salary by contribution assumption: employee only about $251,631 at 4% or $167,754 at 6%; with 50% employer match about $167,754 at 4% or $111,836 at 6%; with 100% employer match about $125,815 at 4% or $83,877 at 6%.
201127$1,226,758$273,111$39,016iApproximate average salary by contribution assumption: employee only about $975,396 at 4% or $650,264 at 6%; with 50% employer match about $650,264 at 4% or $433,510 at 6%; with 100% employer match about $487,698 at 4% or $325,132 at 6%.
THE CLOSEOUT GROUP, INC. DEFINED BENEFIT PENSION PLAN-3$708,619$195,000$65,000iApproximate average salary by contribution assumption: employee only about $1,625,000 at 4% or $1,083,333 at 6%; with 50% employer match about $1,083,333 at 4% or $722,222 at 6%; with 100% employer match about $812,500 at 4% or $541,667 at 6%.
The Closeout Group Inc. Profit Sharing Plan-7$518,139$78,111$11,159iApproximate average salary by contribution assumption: employee only about $278,968 at 4% or $185,979 at 6%; with 50% employer match about $185,979 at 4% or $123,986 at 6%; with 100% employer match about $139,484 at 4% or $92,989 at 6%.
201026$1,055,886$532,294$88,716iApproximate average salary by contribution assumption: employee only about $2,217,892 at 4% or $1,478,594 at 6%; with 50% employer match about $1,478,594 at 4% or $985,730 at 6%; with 100% employer match about $1,108,946 at 4% or $739,297 at 6%.
THE CLOSEOUT GROUP, INC. DEFINED BENEFIT PENSION PLAN-2$603,418$170,000$85,000iApproximate average salary by contribution assumption: employee only about $2,125,000 at 4% or $1,416,667 at 6%; with 50% employer match about $1,416,667 at 4% or $944,444 at 6%; with 100% employer match about $1,062,500 at 4% or $708,333 at 6%.
The Closeout Group Inc. Profit Sharing Plan-6$452,468$362,294$60,382iApproximate average salary by contribution assumption: employee only about $1,509,558 at 4% or $1,006,372 at 6%; with 50% employer match about $1,006,372 at 4% or $670,915 at 6%; with 100% employer match about $754,779 at 4% or $503,186 at 6%.
200925$1,331,891$285,183$57,037iApproximate average salary by contribution assumption: employee only about $1,425,915 at 4% or $950,610 at 6%; with 50% employer match about $950,610 at 4% or $633,740 at 6%; with 100% employer match about $712,958 at 4% or $475,305 at 6%.
THE CLOSEOUT GROUP, INC. DEFINED BENEFIT PENSION PLAN-2$732,794$211,536$105,768iApproximate average salary by contribution assumption: employee only about $2,644,200 at 4% or $1,762,800 at 6%; with 50% employer match about $1,762,800 at 4% or $1,175,200 at 6%; with 100% employer match about $1,322,100 at 4% or $881,400 at 6%.
The Closeout Group Inc. Profit Sharing Plan-5$599,097$73,647$14,729iApproximate average salary by contribution assumption: employee only about $368,235 at 4% or $245,490 at 6%; with 50% employer match about $245,490 at 4% or $163,660 at 6%; with 100% employer match about $184,118 at 4% or $122,745 at 6%.
200823$926,669$228,222$76,074iApproximate average salary by contribution assumption: employee only about $1,901,850 at 4% or $1,267,900 at 6%; with 50% employer match about $1,267,900 at 4% or $845,267 at 6%; with 100% employer match about $950,925 at 4% or $633,950 at 6%.
THE CLOSEOUT GROUP, INC. DEFINED BENEFIT PENSION PLAN-2$494,644$180,000$90,000iApproximate average salary by contribution assumption: employee only about $2,250,000 at 4% or $1,500,000 at 6%; with 50% employer match about $1,500,000 at 4% or $1,000,000 at 6%; with 100% employer match about $1,125,000 at 4% or $750,000 at 6%.
The Closeout Group Inc. Profit Sharing Plan-3$432,025$48,222$16,074iApproximate average salary by contribution assumption: employee only about $401,850 at 4% or $267,900 at 6%; with 50% employer match about $267,900 at 4% or $178,600 at 6%; with 100% employer match about $200,925 at 4% or $133,950 at 6%.
200724$1,150,847$247,146$61,787iApproximate average salary by contribution assumption: employee only about $1,544,663 at 4% or $1,029,775 at 6%; with 50% employer match about $1,029,775 at 4% or $686,517 at 6%; with 100% employer match about $772,331 at 4% or $514,888 at 6%.
The Closeout Group Inc. Profit Sharing Plan-4$604,890$53,210$13,303iApproximate average salary by contribution assumption: employee only about $332,563 at 4% or $221,708 at 6%; with 50% employer match about $221,708 at 4% or $147,806 at 6%; with 100% employer match about $166,281 at 4% or $110,854 at 6%.
THE CLOSEOUT GROUP, INC. DEFINED BENEFIT PENSION PLAN-2$545,957$193,936$96,968iApproximate average salary by contribution assumption: employee only about $2,424,200 at 4% or $1,616,133 at 6%; with 50% employer match about $1,616,133 at 4% or $1,077,422 at 6%; with 100% employer match about $1,212,100 at 4% or $808,067 at 6%.
200624$902,885$220,095$55,024iApproximate average salary by contribution assumption: employee only about $1,375,594 at 4% or $917,063 at 6%; with 50% employer match about $917,063 at 4% or $611,375 at 6%; with 100% employer match about $687,797 at 4% or $458,531 at 6%.
The Closeout Group Inc. Profit Sharing Plan-4$540,670$34,470$8,618iApproximate average salary by contribution assumption: employee only about $215,438 at 4% or $143,625 at 6%; with 50% employer match about $143,625 at 4% or $95,750 at 6%; with 100% employer match about $107,719 at 4% or $71,813 at 6%.
THE CLOSEOUT GROUP, INC. DEFINED BENEFIT PENSION PLAN-2$362,215$185,625$92,813iApproximate average salary by contribution assumption: employee only about $2,320,313 at 4% or $1,546,875 at 6%; with 50% employer match about $1,546,875 at 4% or $1,031,250 at 6%; with 100% employer match about $1,160,156 at 4% or $773,438 at 6%.
200524$624,700$192,506$48,127iApproximate average salary by contribution assumption: employee only about $1,203,163 at 4% or $802,108 at 6%; with 50% employer match about $802,108 at 4% or $534,739 at 6%; with 100% employer match about $601,581 at 4% or $401,054 at 6%.
The Closeout Group Inc. Profit Sharing Plan-4$445,701$13,507$3,377iApproximate average salary by contribution assumption: employee only about $84,419 at 4% or $56,279 at 6%; with 50% employer match about $56,279 at 4% or $37,519 at 6%; with 100% employer match about $42,209 at 4% or $28,140 at 6%.
THE CLOSEOUT GROUP, INC. DEFINED BENEFIT PENSION PLAN-2$178,999$178,999$89,500iApproximate average salary by contribution assumption: employee only about $2,237,488 at 4% or $1,491,658 at 6%; with 50% employer match about $1,491,658 at 4% or $994,439 at 6%; with 100% employer match about $1,118,744 at 4% or $745,829 at 6%.
200414$428,244$91,284$22,821iApproximate average salary by contribution assumption: employee only about $570,525 at 4% or $380,350 at 6%; with 50% employer match about $380,350 at 4% or $253,567 at 6%; with 100% employer match about $285,263 at 4% or $190,175 at 6%.
The Closeout Group Inc. Profit Sharing Plan-4$428,244$91,284$22,821iApproximate average salary by contribution assumption: employee only about $570,525 at 4% or $380,350 at 6%; with 50% employer match about $380,350 at 4% or $253,567 at 6%; with 100% employer match about $285,263 at 4% or $190,175 at 6%.
200314$325,962$84,432$21,108iApproximate average salary by contribution assumption: employee only about $527,700 at 4% or $351,800 at 6%; with 50% employer match about $351,800 at 4% or $234,533 at 6%; with 100% employer match about $263,850 at 4% or $175,900 at 6%.
The Closeout Group Inc. Profit Sharing Plan-4$325,962$84,432$21,108iApproximate average salary by contribution assumption: employee only about $527,700 at 4% or $351,800 at 6%; with 50% employer match about $351,800 at 4% or $234,533 at 6%; with 100% employer match about $263,850 at 4% or $175,900 at 6%.
200212$226,165$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%.
The Closeout Group Inc. Profit Sharing Plan-2$226,165$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%.
200112$0$0-
The Closeout Group Inc. Profit Sharing Plan-2---
200012$206,345$45,711$22,856iApproximate average salary by contribution assumption: employee only about $571,388 at 4% or $380,925 at 6%; with 50% employer match about $380,925 at 4% or $253,950 at 6%; with 100% employer match about $285,694 at 4% or $190,463 at 6%.
The Closeout Group Inc. Profit Sharing Plan-2$206,345$45,711$22,856iApproximate average salary by contribution assumption: employee only about $571,388 at 4% or $380,925 at 6%; with 50% employer match about $380,925 at 4% or $253,950 at 6%; with 100% employer match about $285,694 at 4% or $190,463 at 6%.
199912$266,620$47,982$23,991iApproximate average salary by contribution assumption: employee only about $599,775 at 4% or $399,850 at 6%; with 50% employer match about $399,850 at 4% or $266,567 at 6%; with 100% employer match about $299,888 at 4% or $199,925 at 6%.
The Closeout Group Inc. Profit Sharing Plan-2$266,620$47,982$23,991iApproximate average salary by contribution assumption: employee only about $599,775 at 4% or $399,850 at 6%; with 50% employer match about $399,850 at 4% or $266,567 at 6%; with 100% employer match about $299,888 at 4% or $199,925 at 6%.