Formumax Scientific Inc.
Plan context: Formumax Scientific Inc. Defined Benefit Pension Plan
EIN 26-2365342 • Sunnyvale, CA • 20 filings • 2 plans
Current Snapshot
Latest Year
2024
2024 Participants
12
2024 Assets
$4,499,816
2024 Contributions
$87,245
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 2 | 12 | $4,499,816 | $87,245 | $7,270iApproximate average salary by contribution assumption: employee only about $181,760 at 4% or $121,174 at 6%; with 50% employer match about $121,174 at 4% or $80,782 at 6%; with 100% employer match about $90,880 at 4% or $60,587 at 6%. |
| Formumax Scientific Inc. Defined Benefit Pension Plan | - | 6 | $2,664,516 | $0 | - |
| FORMUMAX SCIENTIFIC, INC. 401K PLAN | - | 12 | $1,835,300 | $87,245 | $7,270iApproximate average salary by contribution assumption: employee only about $181,760 at 4% or $121,174 at 6%; with 50% employer match about $121,174 at 4% or $80,782 at 6%; with 100% employer match about $90,880 at 4% or $60,587 at 6%. |
| 2023 | 2 | 11 | $3,934,904 | $216,562 | $19,687iApproximate average salary by contribution assumption: employee only about $492,186 at 4% or $328,124 at 6%; with 50% employer match about $328,124 at 4% or $218,749 at 6%; with 100% employer match about $246,093 at 4% or $164,062 at 6%. |
| Formumax Scientific Inc. Defined Benefit Pension Plan | - | 6 | $2,516,297 | $163,799 | $27,300iApproximate average salary by contribution assumption: employee only about $682,496 at 4% or $454,997 at 6%; with 50% employer match about $454,997 at 4% or $303,331 at 6%; with 100% employer match about $341,248 at 4% or $227,499 at 6%. |
| FORMUMAX SCIENTIFIC, INC. 401K PLAN | - | 11 | $1,418,607 | $52,763 | $4,797iApproximate average salary by contribution assumption: employee only about $119,916 at 4% or $79,944 at 6%; with 50% employer match about $79,944 at 4% or $53,296 at 6%; with 100% employer match about $59,958 at 4% or $39,972 at 6%. |
| 2022 | 2 | 10 | $3,450,119 | $234,200 | $23,420iApproximate average salary by contribution assumption: employee only about $585,500 at 4% or $390,333 at 6%; with 50% employer match about $390,333 at 4% or $260,222 at 6%; with 100% employer match about $292,750 at 4% or $195,167 at 6%. |
| Formumax Scientific Inc. Defined Benefit Pension Plan | - | 5 | $2,232,164 | $165,983 | $33,197iApproximate average salary by contribution assumption: employee only about $829,915 at 4% or $553,277 at 6%; with 50% employer match about $553,277 at 4% or $368,851 at 6%; with 100% employer match about $414,958 at 4% or $276,638 at 6%. |
| FORMUMAX SCIENTIFIC, INC. 401K PLAN | - | 10 | $1,217,955 | $68,217 | $6,822iApproximate average salary by contribution assumption: employee only about $170,543 at 4% or $113,695 at 6%; with 50% employer match about $113,695 at 4% or $75,797 at 6%; with 100% employer match about $85,271 at 4% or $56,848 at 6%. |
| 2021 | 2 | 11 | $3,775,870 | $156,355 | $14,214iApproximate average salary by contribution assumption: employee only about $355,352 at 4% or $236,902 at 6%; with 50% employer match about $236,902 at 4% or $157,934 at 6%; with 100% employer match about $177,676 at 4% or $118,451 at 6%. |
| Formumax Scientific Inc. Defined Benefit Pension Plan | - | 5 | $2,248,231 | $72,000 | $14,400iApproximate average salary by contribution assumption: employee only about $360,000 at 4% or $240,000 at 6%; with 50% employer match about $240,000 at 4% or $160,000 at 6%; with 100% employer match about $180,000 at 4% or $120,000 at 6%. |
| FORMUMAX SCIENTIFIC, INC. 401K PLAN | - | 11 | $1,527,639 | $84,355 | $7,669iApproximate average salary by contribution assumption: employee only about $191,716 at 4% or $127,811 at 6%; with 50% employer match about $127,811 at 4% or $85,207 at 6%; with 100% employer match about $95,858 at 4% or $63,905 at 6%. |
| 2020 | 2 | 10 | $3,090,407 | $314,282 | $31,428iApproximate average salary by contribution assumption: employee only about $785,705 at 4% or $523,803 at 6%; with 50% employer match about $523,803 at 4% or $349,202 at 6%; with 100% employer match about $392,853 at 4% or $261,902 at 6%. |
| Formumax Scientific Inc. Defined Benefit Pension Plan | - | 5 | $1,799,910 | $246,000 | $49,200iApproximate average salary by contribution assumption: employee only about $1,230,000 at 4% or $820,000 at 6%; with 50% employer match about $820,000 at 4% or $546,667 at 6%; with 100% employer match about $615,000 at 4% or $410,000 at 6%. |
| FORMUMAX SCIENTIFIC, INC. 401K PLAN | - | 10 | $1,290,497 | $68,282 | $6,828iApproximate average salary by contribution assumption: employee only about $170,705 at 4% or $113,803 at 6%; with 50% employer match about $113,803 at 4% or $75,869 at 6%; with 100% employer match about $85,353 at 4% or $56,902 at 6%. |
| 2019 | 2 | 9 | $2,466,755 | $301,853 | $33,539iApproximate average salary by contribution assumption: employee only about $838,481 at 4% or $558,987 at 6%; with 50% employer match about $558,987 at 4% or $372,658 at 6%; with 100% employer match about $419,240 at 4% or $279,494 at 6%. |
| Formumax Scientific Inc. Defined Benefit Pension Plan | - | 4 | $1,388,043 | $186,000 | $46,500iApproximate average salary by contribution assumption: employee only about $1,162,500 at 4% or $775,000 at 6%; with 50% employer match about $775,000 at 4% or $516,667 at 6%; with 100% employer match about $581,250 at 4% or $387,500 at 6%. |
| FORMUMAX SCIENTIFIC, INC. 401K PLAN | - | 9 | $1,078,712 | $115,853 | $12,873iApproximate average salary by contribution assumption: employee only about $321,814 at 4% or $214,543 at 6%; with 50% employer match about $214,543 at 4% or $143,028 at 6%; with 100% employer match about $160,907 at 4% or $107,271 at 6%. |
| 2018 | 2 | 9 | $1,800,416 | $340,150 | $37,794iApproximate average salary by contribution assumption: employee only about $944,861 at 4% or $629,907 at 6%; with 50% employer match about $629,907 at 4% or $419,938 at 6%; with 100% employer match about $472,431 at 4% or $314,954 at 6%. |
| Formumax Scientific Inc. Defined Benefit Pension Plan | - | 4 | $1,011,619 | $225,000 | $56,250iApproximate average salary by contribution assumption: employee only about $1,406,250 at 4% or $937,500 at 6%; with 50% employer match about $937,500 at 4% or $625,000 at 6%; with 100% employer match about $703,125 at 4% or $468,750 at 6%. |
| FORMUMAX SCIENTIFIC, INC. 401K PLAN | - | 9 | $788,797 | $115,150 | $12,794iApproximate average salary by contribution assumption: employee only about $319,861 at 4% or $213,241 at 6%; with 50% employer match about $213,241 at 4% or $142,160 at 6%; with 100% employer match about $159,931 at 4% or $106,620 at 6%. |
| 2017 | 2 | 8 | $1,633,177 | $325,460 | $40,683iApproximate average salary by contribution assumption: employee only about $1,017,063 at 4% or $678,042 at 6%; with 50% employer match about $678,042 at 4% or $452,028 at 6%; with 100% employer match about $508,531 at 4% or $339,021 at 6%. |
| Formumax Scientific Inc. Defined Benefit Pension Plan | - | 4 | $858,310 | $210,000 | $52,500iApproximate average salary by contribution assumption: employee only about $1,312,500 at 4% or $875,000 at 6%; with 50% employer match about $875,000 at 4% or $583,333 at 6%; with 100% employer match about $656,250 at 4% or $437,500 at 6%. |
| FORMUMAX SCIENTIFIC, INC. 401K PLAN | - | 8 | $774,867 | $115,460 | $14,433iApproximate average salary by contribution assumption: employee only about $360,813 at 4% or $240,542 at 6%; with 50% employer match about $240,542 at 4% or $160,361 at 6%; with 100% employer match about $180,406 at 4% or $120,271 at 6%. |
| 2016 | 2 | 8 | $1,128,847 | $421,683 | $52,710iApproximate average salary by contribution assumption: employee only about $1,317,759 at 4% or $878,506 at 6%; with 50% employer match about $878,506 at 4% or $585,671 at 6%; with 100% employer match about $658,880 at 4% or $439,253 at 6%. |
| Formumax Scientific Inc. Defined Benefit Pension Plan | - | 4 | $569,653 | $280,000 | $70,000iApproximate average salary by contribution assumption: employee only about $1,750,000 at 4% or $1,166,667 at 6%; with 50% employer match about $1,166,667 at 4% or $777,778 at 6%; with 100% employer match about $875,000 at 4% or $583,333 at 6%. |
| FORMUMAX SCIENTIFIC, INC. 401K PLAN | - | 8 | $559,194 | $141,683 | $17,710iApproximate average salary by contribution assumption: employee only about $442,759 at 4% or $295,173 at 6%; with 50% employer match about $295,173 at 4% or $196,782 at 6%; with 100% employer match about $221,380 at 4% or $147,586 at 6%. |
| 2015 | 2 | 7 | $722,346 | $396,055 | $56,579iApproximate average salary by contribution assumption: employee only about $1,414,482 at 4% or $942,988 at 6%; with 50% employer match about $942,988 at 4% or $628,659 at 6%; with 100% employer match about $707,241 at 4% or $471,494 at 6%. |
| FORMUMAX SCIENTIFIC, INC. 401K PLAN | - | 7 | $457,568 | $125,255 | $17,894iApproximate average salary by contribution assumption: employee only about $447,339 at 4% or $298,226 at 6%; with 50% employer match about $298,226 at 4% or $198,817 at 6%; with 100% employer match about $223,670 at 4% or $149,113 at 6%. |
| Formumax Scientific Inc. Defined Benefit Pension Plan | - | 4 | $264,778 | $270,800 | $67,700iApproximate average salary by contribution assumption: employee only about $1,692,500 at 4% or $1,128,333 at 6%; with 50% employer match about $1,128,333 at 4% or $752,222 at 6%; with 100% employer match about $846,250 at 4% or $564,167 at 6%. |