Civic Intelligence

7 Mile Advisors LLC

Plan context: 7 Mile Advisors Profit Sharing Plan

EIN 26-2787604 • Charlotte, NC • 23 filings • 4 plans

508 W. 5th Street, Suite 225Charlotte, NC 28202
Current Snapshot

Latest Year

2024

2024 Participants

38

2024 Assets

$5,729,480

2024 Contributions

$1,044,383

Historical Graphs

Total Assets Over Time

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

$5,729,480$2,864,740$0201220182023YearValue
$5,729,480Latest year 2023

Participants Over Time

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

38190201220182023YearValue
38Latest 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-
7 MILE ADVISORS, LLC CASH BALANCE PLAN-0$0--
2023238$5,729,480$1,044,383$27,484iApproximate average salary by contribution assumption: employee only about $687,094 at 4% or $458,063 at 6%; with 50% employer match about $458,063 at 4% or $305,375 at 6%; with 100% employer match about $343,547 at 4% or $229,031 at 6%.
7 Mile Advisors Profit Sharing Plan-38$5,713,200$1,044,383$27,484iApproximate average salary by contribution assumption: employee only about $687,094 at 4% or $458,063 at 6%; with 50% employer match about $458,063 at 4% or $305,375 at 6%; with 100% employer match about $343,547 at 4% or $229,031 at 6%.
7 MILE ADVISORS, LLC CASH BALANCE PLAN-0$16,280--
2022232$5,187,971$806,125$25,191iApproximate average salary by contribution assumption: employee only about $629,785 at 4% or $419,857 at 6%; with 50% employer match about $419,857 at 4% or $279,905 at 6%; with 100% employer match about $314,893 at 4% or $209,928 at 6%.
7 Mile Advisors Profit Sharing Plan-32$3,965,648$806,125$25,191iApproximate average salary by contribution assumption: employee only about $629,785 at 4% or $419,857 at 6%; with 50% employer match about $419,857 at 4% or $279,905 at 6%; with 100% employer match about $314,893 at 4% or $209,928 at 6%.
7 MILE ADVISORS, LLC CASH BALANCE PLAN-14$1,222,323--
2021220$5,370,868$214,142$10,707iApproximate average salary by contribution assumption: employee only about $267,678 at 4% or $178,452 at 6%; with 50% employer match about $178,452 at 4% or $118,968 at 6%; with 100% employer match about $133,839 at 4% or $89,226 at 6%.
7 Mile Advisors Profit Sharing Plan-19$3,896,939$54,659$2,877iApproximate average salary by contribution assumption: employee only about $71,920 at 4% or $47,946 at 6%; with 50% employer match about $47,946 at 4% or $31,964 at 6%; with 100% employer match about $35,960 at 4% or $23,973 at 6%.
7 MILE ADVISORS, LLC CASH BALANCE PLAN-20$1,473,929$159,483$7,974iApproximate average salary by contribution assumption: employee only about $199,354 at 4% or $132,903 at 6%; with 50% employer match about $132,903 at 4% or $88,602 at 6%; with 100% employer match about $99,677 at 4% or $66,451 at 6%.
2020222$4,330,477$662,863$30,130iApproximate average salary by contribution assumption: employee only about $753,253 at 4% or $502,169 at 6%; with 50% employer match about $502,169 at 4% or $334,779 at 6%; with 100% employer match about $376,627 at 4% or $251,084 at 6%.
7 Mile Advisors Profit Sharing Plan-22$3,132,362$462,863$21,039iApproximate average salary by contribution assumption: employee only about $525,981 at 4% or $350,654 at 6%; with 50% employer match about $350,654 at 4% or $233,769 at 6%; with 100% employer match about $262,990 at 4% or $175,327 at 6%.
7 MILE ADVISORS, LLC CASH BALANCE PLAN-16$1,198,115$200,000$12,500iApproximate average salary by contribution assumption: employee only about $312,500 at 4% or $208,333 at 6%; with 50% employer match about $208,333 at 4% or $138,889 at 6%; with 100% employer match about $156,250 at 4% or $104,167 at 6%.
2019218$3,388,047$540,577$30,032iApproximate average salary by contribution assumption: employee only about $750,801 at 4% or $500,534 at 6%; with 50% employer match about $500,534 at 4% or $333,690 at 6%; with 100% employer match about $375,401 at 4% or $250,267 at 6%.
7 Mile Advisors Profit Sharing Plan-18$2,474,174$390,577$21,699iApproximate average salary by contribution assumption: employee only about $542,468 at 4% or $361,645 at 6%; with 50% employer match about $361,645 at 4% or $241,097 at 6%; with 100% employer match about $271,234 at 4% or $180,823 at 6%.
7 MILE ADVISORS, LLC CASH BALANCE PLAN-14$913,873$150,000$10,714iApproximate average salary by contribution assumption: employee only about $267,857 at 4% or $178,571 at 6%; with 50% employer match about $178,571 at 4% or $119,048 at 6%; with 100% employer match about $133,929 at 4% or $89,286 at 6%.
2018213$2,193,669$434,171$33,398iApproximate average salary by contribution assumption: employee only about $834,944 at 4% or $556,629 at 6%; with 50% employer match about $556,629 at 4% or $371,086 at 6%; with 100% employer match about $417,472 at 4% or $278,315 at 6%.
7 Mile Advisors Profit Sharing Plan-13$1,495,190$284,171$21,859iApproximate average salary by contribution assumption: employee only about $546,483 at 4% or $364,322 at 6%; with 50% employer match about $364,322 at 4% or $242,881 at 6%; with 100% employer match about $273,241 at 4% or $182,161 at 6%.
7 MILE ADVISORS, LLC CASH BALANCE PLAN-9$698,479$150,000$16,667iApproximate average salary by contribution assumption: employee only about $416,667 at 4% or $277,778 at 6%; with 50% employer match about $277,778 at 4% or $185,185 at 6%; with 100% employer match about $208,333 at 4% or $138,889 at 6%.
201729$1,930,912$430,228$47,803iApproximate average salary by contribution assumption: employee only about $1,195,078 at 4% or $796,719 at 6%; with 50% employer match about $796,719 at 4% or $531,146 at 6%; with 100% employer match about $597,539 at 4% or $398,359 at 6%.
7 Mile Advisors Profit Sharing Plan-9$1,372,046$230,228$25,581iApproximate average salary by contribution assumption: employee only about $639,522 at 4% or $426,348 at 6%; with 50% employer match about $426,348 at 4% or $284,232 at 6%; with 100% employer match about $319,761 at 4% or $213,174 at 6%.
7 MILE ADVISORS, LLC CASH BALANCE PLAN-6$558,866$200,000$33,333iApproximate average salary by contribution assumption: employee only about $833,333 at 4% or $555,556 at 6%; with 50% employer match about $555,556 at 4% or $370,370 at 6%; with 100% employer match about $416,667 at 4% or $277,778 at 6%.
2016210$1,391,429$322,773$32,277iApproximate average salary by contribution assumption: employee only about $806,933 at 4% or $537,955 at 6%; with 50% employer match about $537,955 at 4% or $358,637 at 6%; with 100% employer match about $403,466 at 4% or $268,978 at 6%.
7 Mile Advisors Profit Sharing Plan-10$1,053,634$122,773$12,277iApproximate average salary by contribution assumption: employee only about $306,933 at 4% or $204,622 at 6%; with 50% employer match about $204,622 at 4% or $136,414 at 6%; with 100% employer match about $153,466 at 4% or $102,311 at 6%.
7 MILE ADVISORS, LLC CASH BALANCE PLAN-4$337,795$200,000$50,000iApproximate average salary by contribution assumption: employee only about $1,250,000 at 4% or $833,333 at 6%; with 50% employer match about $833,333 at 4% or $555,556 at 6%; with 100% employer match about $625,000 at 4% or $416,667 at 6%.
201527$965,691$395,210$56,459iApproximate average salary by contribution assumption: employee only about $1,411,464 at 4% or $940,976 at 6%; with 50% employer match about $940,976 at 4% or $627,317 at 6%; with 100% employer match about $705,732 at 4% or $470,488 at 6%.
7 Mile Advisors Profit Sharing Plan-7$835,682$265,201$37,886iApproximate average salary by contribution assumption: employee only about $947,146 at 4% or $631,431 at 6%; with 50% employer match about $631,431 at 4% or $420,954 at 6%; with 100% employer match about $473,573 at 4% or $315,715 at 6%.
7 MILE ADVISORS, LLC CASH BALANCE PLAN-3$130,009$130,009$43,336iApproximate average salary by contribution assumption: employee only about $1,083,408 at 4% or $722,272 at 6%; with 50% employer match about $722,272 at 4% or $481,515 at 6%; with 100% employer match about $541,704 at 4% or $361,136 at 6%.
201417$440,733$177,634$25,376iApproximate average salary by contribution assumption: employee only about $634,407 at 4% or $422,938 at 6%; with 50% employer match about $422,938 at 4% or $281,959 at 6%; with 100% employer match about $317,204 at 4% or $211,469 at 6%.
7 Mile Advisors Profit Sharing Plan-7$440,733$177,634$25,376iApproximate average salary by contribution assumption: employee only about $634,407 at 4% or $422,938 at 6%; with 50% employer match about $422,938 at 4% or $281,959 at 6%; with 100% employer match about $317,204 at 4% or $211,469 at 6%.
201316$243,196$98,611$16,435iApproximate average salary by contribution assumption: employee only about $410,879 at 4% or $273,919 at 6%; with 50% employer match about $273,919 at 4% or $182,613 at 6%; with 100% employer match about $205,440 at 4% or $136,960 at 6%.
7 Mile Advisors Profit Sharing Plan-6$243,196$98,611$16,435iApproximate average salary by contribution assumption: employee only about $410,879 at 4% or $273,919 at 6%; with 50% employer match about $273,919 at 4% or $182,613 at 6%; with 100% employer match about $205,440 at 4% or $136,960 at 6%.
201215$115,208$111,627$22,325iApproximate average salary by contribution assumption: employee only about $558,135 at 4% or $372,090 at 6%; with 50% employer match about $372,090 at 4% or $248,060 at 6%; with 100% employer match about $279,068 at 4% or $186,045 at 6%.
7 Mile Advisors Profit Sharing Plan-5$115,208$111,627$22,325iApproximate average salary by contribution assumption: employee only about $558,135 at 4% or $372,090 at 6%; with 50% employer match about $372,090 at 4% or $248,060 at 6%; with 100% employer match about $279,068 at 4% or $186,045 at 6%.
201110$0$0-
7 Mile Advisors Profit Sharing Plan-0$0--