Civic Intelligence

Functional Solutions Inc.

Plan context: Functional Solutions Inc. 401(K) Plan

EIN 27-0062986 • Hendersonville, TN • 13 filings • 1 plans

102 Fieldcrest CirHendersonville, TN 37075-7082
Current Snapshot

Latest Year

2024

2024 Participants

5

2024 Assets

$1,451,019

2024 Contributions

$111,326

Historical Graphs

Total Assets Over Time

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

$1,451,019$725,510$0201220182024YearValue
$1,451,019Latest year 2024

Participants Over Time

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

22110201220182024YearValue
5Latest 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
202415$1,451,019$111,326$22,265iApproximate average salary by contribution assumption: employee only about $556,630 at 4% or $371,087 at 6%; with 50% employer match about $371,087 at 4% or $247,391 at 6%; with 100% employer match about $278,315 at 4% or $185,543 at 6%.
Functional Solutions Inc. 401(K) Plan-5$1,451,019$111,326$22,265iApproximate average salary by contribution assumption: employee only about $556,630 at 4% or $371,087 at 6%; with 50% employer match about $371,087 at 4% or $247,391 at 6%; with 100% employer match about $278,315 at 4% or $185,543 at 6%.
202315$1,104,331$94,923$18,985iApproximate average salary by contribution assumption: employee only about $474,615 at 4% or $316,410 at 6%; with 50% employer match about $316,410 at 4% or $210,940 at 6%; with 100% employer match about $237,307 at 4% or $158,205 at 6%.
Functional Solutions Inc. 401(K) Plan-5$1,104,331$94,923$18,985iApproximate average salary by contribution assumption: employee only about $474,615 at 4% or $316,410 at 6%; with 50% employer match about $316,410 at 4% or $210,940 at 6%; with 100% employer match about $237,307 at 4% or $158,205 at 6%.
202212$810,485$48,268$24,134iApproximate average salary by contribution assumption: employee only about $603,350 at 4% or $402,233 at 6%; with 50% employer match about $402,233 at 4% or $268,156 at 6%; with 100% employer match about $301,675 at 4% or $201,117 at 6%.
Functional Solutions Inc. 401(K) Plan-2$810,485$48,268$24,134iApproximate average salary by contribution assumption: employee only about $603,350 at 4% or $402,233 at 6%; with 50% employer match about $402,233 at 4% or $268,156 at 6%; with 100% employer match about $301,675 at 4% or $201,117 at 6%.
202112$1,006,233$49,932$24,966iApproximate average salary by contribution assumption: employee only about $624,150 at 4% or $416,100 at 6%; with 50% employer match about $416,100 at 4% or $277,400 at 6%; with 100% employer match about $312,075 at 4% or $208,050 at 6%.
Functional Solutions Inc. 401(K) Plan-2$1,006,233$49,932$24,966iApproximate average salary by contribution assumption: employee only about $624,150 at 4% or $416,100 at 6%; with 50% employer match about $416,100 at 4% or $277,400 at 6%; with 100% employer match about $312,075 at 4% or $208,050 at 6%.
2020112$793,608$49,227$4,102iApproximate average salary by contribution assumption: employee only about $102,556 at 4% or $68,371 at 6%; with 50% employer match about $68,371 at 4% or $45,581 at 6%; with 100% employer match about $51,278 at 4% or $34,185 at 6%.
Functional Solutions Inc. 401(K) Plan-12$793,608$49,227$4,102iApproximate average salary by contribution assumption: employee only about $102,556 at 4% or $68,371 at 6%; with 50% employer match about $68,371 at 4% or $45,581 at 6%; with 100% employer match about $51,278 at 4% or $34,185 at 6%.
201912$679,737$102,550$51,275iApproximate average salary by contribution assumption: employee only about $1,281,875 at 4% or $854,583 at 6%; with 50% employer match about $854,583 at 4% or $569,722 at 6%; with 100% employer match about $640,938 at 4% or $427,292 at 6%.
Functional Solutions Inc. 401(K) Plan-2$679,737$102,550$51,275iApproximate average salary by contribution assumption: employee only about $1,281,875 at 4% or $854,583 at 6%; with 50% employer match about $854,583 at 4% or $569,722 at 6%; with 100% employer match about $640,938 at 4% or $427,292 at 6%.
201812$465,826$47,321$23,661iApproximate average salary by contribution assumption: employee only about $591,513 at 4% or $394,342 at 6%; with 50% employer match about $394,342 at 4% or $262,894 at 6%; with 100% employer match about $295,756 at 4% or $197,171 at 6%.
Functional Solutions Inc. 401(K) Plan-2$465,826$47,321$23,661iApproximate average salary by contribution assumption: employee only about $591,513 at 4% or $394,342 at 6%; with 50% employer match about $394,342 at 4% or $262,894 at 6%; with 100% employer match about $295,756 at 4% or $197,171 at 6%.
201712$479,704$0-
Functional Solutions Inc. 401(K) Plan-2$479,704$0-
201613$405,146$79,271$26,424iApproximate average salary by contribution assumption: employee only about $660,592 at 4% or $440,394 at 6%; with 50% employer match about $440,394 at 4% or $293,596 at 6%; with 100% employer match about $330,296 at 4% or $220,197 at 6%.
Functional Solutions Inc. 401(K) Plan-3$405,146$79,271$26,424iApproximate average salary by contribution assumption: employee only about $660,592 at 4% or $440,394 at 6%; with 50% employer match about $440,394 at 4% or $293,596 at 6%; with 100% employer match about $330,296 at 4% or $220,197 at 6%.
201512$310,800$0-
Functional Solutions Inc. 401(K) Plan-2$310,800$0-
2014116$309,489$75,349$4,709iApproximate average salary by contribution assumption: employee only about $117,733 at 4% or $78,489 at 6%; with 50% employer match about $78,489 at 4% or $52,326 at 6%; with 100% employer match about $58,866 at 4% or $39,244 at 6%.
Functional Solutions Inc. 401(K) Plan-16$309,489$75,349$4,709iApproximate average salary by contribution assumption: employee only about $117,733 at 4% or $78,489 at 6%; with 50% employer match about $78,489 at 4% or $52,326 at 6%; with 100% employer match about $58,866 at 4% or $39,244 at 6%.
2013122$228,684$39,883$1,813iApproximate average salary by contribution assumption: employee only about $45,322 at 4% or $30,214 at 6%; with 50% employer match about $30,214 at 4% or $20,143 at 6%; with 100% employer match about $22,661 at 4% or $15,107 at 6%.
Functional Solutions Inc. 401(K) Plan-22$228,684$39,883$1,813iApproximate average salary by contribution assumption: employee only about $45,322 at 4% or $30,214 at 6%; with 50% employer match about $30,214 at 4% or $20,143 at 6%; with 100% employer match about $22,661 at 4% or $15,107 at 6%.
201216$191,366$35,892$5,982iApproximate average salary by contribution assumption: employee only about $149,550 at 4% or $99,700 at 6%; with 50% employer match about $99,700 at 4% or $66,467 at 6%; with 100% employer match about $74,775 at 4% or $49,850 at 6%.
Functional Solutions Inc. 401(K) Plan-6$191,366$35,892$5,982iApproximate average salary by contribution assumption: employee only about $149,550 at 4% or $99,700 at 6%; with 50% employer match about $99,700 at 4% or $66,467 at 6%; with 100% employer match about $74,775 at 4% or $49,850 at 6%.