Civic Intelligence

Sanford Insurance Group

Plan context: Sanford Insurance Group Cash Balance Plan

EIN 26-1643511 • Upper Montclair, NJ • 27 filings • 4 plans

210 Bellevue AvenueUpper Montclair, NJ 07043
Current Snapshot

Latest Year

2024

2024 Participants

19

2024 Assets

$1,648,976

2024 Contributions

$69,828

Historical Graphs

Total Assets Over Time

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

$4,317,367$2,158,684$0200820162023YearValue
$1,648,976Latest year 2023

Participants Over Time

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

21110200820162023YearValue
19Latest 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
202410$0$0-
Sanford Insurance Group Cash Balance Plan-0$0$0-
2023219$1,648,976$0-
Sanford Insurance Group Cash Balance Plan-19$1,648,976$0-
SANFORD INSURANCE GROUP, LLC 401(K) PLAN-0$0$0-
2022220$2,284,855$69,828$3,491iApproximate average salary by contribution assumption: employee only about $87,285 at 4% or $58,190 at 6%; with 50% employer match about $58,190 at 4% or $38,793 at 6%; with 100% employer match about $43,643 at 4% or $29,095 at 6%.
Sanford Insurance Group Cash Balance Plan-19$1,550,648$13,750$724iApproximate average salary by contribution assumption: employee only about $18,092 at 4% or $12,061 at 6%; with 50% employer match about $12,061 at 4% or $8,041 at 6%; with 100% employer match about $9,046 at 4% or $6,031 at 6%.
SANFORD INSURANCE GROUP, LLC 401(K) PLAN-20$734,207$56,078$2,804iApproximate average salary by contribution assumption: employee only about $70,098 at 4% or $46,732 at 6%; with 50% employer match about $46,732 at 4% or $31,154 at 6%; with 100% employer match about $35,049 at 4% or $23,366 at 6%.
2021221$4,317,367$230,727$10,987iApproximate average salary by contribution assumption: employee only about $274,675 at 4% or $183,117 at 6%; with 50% employer match about $183,117 at 4% or $122,078 at 6%; with 100% employer match about $137,338 at 4% or $91,558 at 6%.
SANFORD INSURANCE GROUP, LLC 401(K) PLAN-21$2,474,034$180,727$8,606iApproximate average salary by contribution assumption: employee only about $215,151 at 4% or $143,434 at 6%; with 50% employer match about $143,434 at 4% or $95,623 at 6%; with 100% employer match about $107,576 at 4% or $71,717 at 6%.
Sanford Insurance Group Cash Balance Plan-19$1,843,333$50,000$2,632iApproximate average salary by contribution assumption: employee only about $65,789 at 4% or $43,860 at 6%; with 50% employer match about $43,860 at 4% or $29,240 at 6%; with 100% employer match about $32,895 at 4% or $21,930 at 6%.
2020220$3,615,926$283,252$14,163iApproximate average salary by contribution assumption: employee only about $354,065 at 4% or $236,043 at 6%; with 50% employer match about $236,043 at 4% or $157,362 at 6%; with 100% employer match about $177,033 at 4% or $118,022 at 6%.
SANFORD INSURANCE GROUP, LLC 401(K) PLAN-20$2,016,414$184,085$9,204iApproximate average salary by contribution assumption: employee only about $230,106 at 4% or $153,404 at 6%; with 50% employer match about $153,404 at 4% or $102,269 at 6%; with 100% employer match about $115,053 at 4% or $76,702 at 6%.
Sanford Insurance Group Cash Balance Plan-17$1,599,512$99,167$5,833iApproximate average salary by contribution assumption: employee only about $145,834 at 4% or $97,223 at 6%; with 50% employer match about $97,223 at 4% or $64,815 at 6%; with 100% employer match about $72,917 at 4% or $48,611 at 6%.
2019218$2,988,178$572,516$31,806iApproximate average salary by contribution assumption: employee only about $795,161 at 4% or $530,107 at 6%; with 50% employer match about $530,107 at 4% or $353,405 at 6%; with 100% employer match about $397,581 at 4% or $265,054 at 6%.
SANFORD INSURANCE GROUP, LLC 401(K) PLAN-18$1,647,332$171,516$9,529iApproximate average salary by contribution assumption: employee only about $238,217 at 4% or $158,811 at 6%; with 50% employer match about $158,811 at 4% or $105,874 at 6%; with 100% employer match about $119,108 at 4% or $79,406 at 6%.
Sanford Insurance Group Cash Balance Plan-16$1,340,846$401,000$25,063iApproximate average salary by contribution assumption: employee only about $626,563 at 4% or $417,708 at 6%; with 50% employer match about $417,708 at 4% or $278,472 at 6%; with 100% employer match about $313,281 at 4% or $208,854 at 6%.
2018216$2,013,088$307,301$19,206iApproximate average salary by contribution assumption: employee only about $480,158 at 4% or $320,105 at 6%; with 50% employer match about $320,105 at 4% or $213,403 at 6%; with 100% employer match about $240,079 at 4% or $160,053 at 6%.
SANFORD INSURANCE GROUP, LLC 401(K) PLAN-16$1,213,409$183,016$11,439iApproximate average salary by contribution assumption: employee only about $285,963 at 4% or $190,642 at 6%; with 50% employer match about $190,642 at 4% or $127,094 at 6%; with 100% employer match about $142,981 at 4% or $95,321 at 6%.
Sanford Insurance Group Cash Balance Plan-14$799,679$124,285$8,878iApproximate average salary by contribution assumption: employee only about $221,938 at 4% or $147,958 at 6%; with 50% employer match about $147,958 at 4% or $98,639 at 6%; with 100% employer match about $110,969 at 4% or $73,979 at 6%.
2017214$1,877,460$294,045$21,003iApproximate average salary by contribution assumption: employee only about $525,080 at 4% or $350,054 at 6%; with 50% employer match about $350,054 at 4% or $233,369 at 6%; with 100% employer match about $262,540 at 4% or $175,027 at 6%.
SANFORD INSURANCE GROUP, LLC 401(K) PLAN-14$1,133,618$173,564$12,397iApproximate average salary by contribution assumption: employee only about $309,936 at 4% or $206,624 at 6%; with 50% employer match about $206,624 at 4% or $137,749 at 6%; with 100% employer match about $154,968 at 4% or $103,312 at 6%.
Sanford Insurance Group Cash Balance Plan-12$743,842$120,481$10,040iApproximate average salary by contribution assumption: employee only about $251,002 at 4% or $167,335 at 6%; with 50% employer match about $167,335 at 4% or $111,556 at 6%; with 100% employer match about $125,501 at 4% or $83,667 at 6%.
2016214$1,372,258$387,831$27,702iApproximate average salary by contribution assumption: employee only about $692,555 at 4% or $461,704 at 6%; with 50% employer match about $461,704 at 4% or $307,802 at 6%; with 100% employer match about $346,278 at 4% or $230,852 at 6%.
SANFORD INSURANCE GROUP, LLC 401(K) PLAN-14$818,682$172,831$12,345iApproximate average salary by contribution assumption: employee only about $308,627 at 4% or $205,751 at 6%; with 50% employer match about $205,751 at 4% or $137,167 at 6%; with 100% employer match about $154,313 at 4% or $102,876 at 6%.
Sanford Insurance Group Cash Balance Plan-12$553,576$215,000$17,917iApproximate average salary by contribution assumption: employee only about $447,917 at 4% or $298,611 at 6%; with 50% employer match about $298,611 at 4% or $199,074 at 6%; with 100% employer match about $223,958 at 4% or $149,306 at 6%.
2015212$897,698$369,054$30,755iApproximate average salary by contribution assumption: employee only about $768,863 at 4% or $512,575 at 6%; with 50% employer match about $512,575 at 4% or $341,717 at 6%; with 100% employer match about $384,431 at 4% or $256,288 at 6%.
SANFORD INSURANCE GROUP, LLC 401(K) PLAN-12$587,223$169,054$14,088iApproximate average salary by contribution assumption: employee only about $352,196 at 4% or $234,797 at 6%; with 50% employer match about $234,797 at 4% or $156,531 at 6%; with 100% employer match about $176,098 at 4% or $117,399 at 6%.
Sanford Insurance Group Cash Balance Plan-10$310,475$200,000$20,000iApproximate average salary by contribution assumption: employee only about $500,000 at 4% or $333,333 at 6%; with 50% employer match about $333,333 at 4% or $222,222 at 6%; with 100% employer match about $250,000 at 4% or $166,667 at 6%.
2014213$587,493$267,187$20,553iApproximate average salary by contribution assumption: employee only about $513,821 at 4% or $342,547 at 6%; with 50% employer match about $342,547 at 4% or $228,365 at 6%; with 100% employer match about $256,911 at 4% or $171,274 at 6%.
SANFORD INSURANCE GROUP, LLC 401(K) PLAN-13$469,963$147,648$11,358iApproximate average salary by contribution assumption: employee only about $283,938 at 4% or $189,292 at 6%; with 50% employer match about $189,292 at 4% or $126,195 at 6%; with 100% employer match about $141,969 at 4% or $94,646 at 6%.
Sanford Insurance Group Cash Balance Plan-10$117,530$119,539$11,954iApproximate average salary by contribution assumption: employee only about $298,848 at 4% or $199,232 at 6%; with 50% employer match about $199,232 at 4% or $132,821 at 6%; with 100% employer match about $149,424 at 4% or $99,616 at 6%.
2013110$308,288$57,785$5,779iApproximate average salary by contribution assumption: employee only about $144,463 at 4% or $96,308 at 6%; with 50% employer match about $96,308 at 4% or $64,206 at 6%; with 100% employer match about $72,231 at 4% or $48,154 at 6%.
SANFORD INSURANCE GROUP LLC 401K PLAN-10$308,288$57,785$5,779iApproximate average salary by contribution assumption: employee only about $144,463 at 4% or $96,308 at 6%; with 50% employer match about $96,308 at 4% or $64,206 at 6%; with 100% employer match about $72,231 at 4% or $48,154 at 6%.
2012111$214,069$64,954$5,905iApproximate average salary by contribution assumption: employee only about $147,623 at 4% or $98,415 at 6%; with 50% employer match about $98,415 at 4% or $65,610 at 6%; with 100% employer match about $73,811 at 4% or $49,208 at 6%.
SANFORD INSURANCE GROUP LLC 401K PLAN-11$214,069$64,954$5,905iApproximate average salary by contribution assumption: employee only about $147,623 at 4% or $98,415 at 6%; with 50% employer match about $98,415 at 4% or $65,610 at 6%; with 100% employer match about $73,811 at 4% or $49,208 at 6%.
201119$137,254$31,316$3,480iApproximate average salary by contribution assumption: employee only about $86,989 at 4% or $57,993 at 6%; with 50% employer match about $57,993 at 4% or $38,662 at 6%; with 100% employer match about $43,494 at 4% or $28,996 at 6%.
SANFORD INSURANCE GROUP LLC 401K PLAN-9$137,254$31,316$3,480iApproximate average salary by contribution assumption: employee only about $86,989 at 4% or $57,993 at 6%; with 50% employer match about $57,993 at 4% or $38,662 at 6%; with 100% employer match about $43,494 at 4% or $28,996 at 6%.
2010111$111,150$55,126$5,011iApproximate average salary by contribution assumption: employee only about $125,286 at 4% or $83,524 at 6%; with 50% employer match about $83,524 at 4% or $55,683 at 6%; with 100% employer match about $62,643 at 4% or $41,762 at 6%.
SANFORD INSURANCE GROUP LLC 401K PLAN-11$111,150$55,126$5,011iApproximate average salary by contribution assumption: employee only about $125,286 at 4% or $83,524 at 6%; with 50% employer match about $83,524 at 4% or $55,683 at 6%; with 100% employer match about $62,643 at 4% or $41,762 at 6%.
200916$47,960$19,254$3,209iApproximate average salary by contribution assumption: employee only about $80,225 at 4% or $53,483 at 6%; with 50% employer match about $53,483 at 4% or $35,656 at 6%; with 100% employer match about $40,113 at 4% or $26,742 at 6%.
SANFORD INSURANCE GROUP LLC-6$47,960$19,254$3,209iApproximate average salary by contribution assumption: employee only about $80,225 at 4% or $53,483 at 6%; with 50% employer match about $53,483 at 4% or $35,656 at 6%; with 100% employer match about $40,113 at 4% or $26,742 at 6%.
200816$20,719$24,487$4,081iApproximate average salary by contribution assumption: employee only about $102,029 at 4% or $68,019 at 6%; with 50% employer match about $68,019 at 4% or $45,346 at 6%; with 100% employer match about $51,015 at 4% or $34,010 at 6%.
SANFORD INSURANCE GROUP LLC 401K PLAN-6$20,719$24,487$4,081iApproximate average salary by contribution assumption: employee only about $102,029 at 4% or $68,019 at 6%; with 50% employer match about $68,019 at 4% or $45,346 at 6%; with 100% employer match about $51,015 at 4% or $34,010 at 6%.