Somic America Inc.
Plan context: Somic America Inc. 401(K) Plan
EIN 27-0424674 • Brewer, ME • 29 filings • 3 plans
Current Snapshot
Latest Year
2024
2024 Participants
562
2024 Assets
$25,922,464
2024 Contributions
$4,774,878
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 | 562 | $25,922,464 | $4,774,878 | $8,496iApproximate average salary by contribution assumption: employee only about $212,406 at 4% or $141,604 at 6%; with 50% employer match about $141,604 at 4% or $94,402 at 6%; with 100% employer match about $106,203 at 4% or $70,802 at 6%. |
| Somic America Inc. 401(K) Plan | - | 562 | $25,922,464 | $4,774,878 | $8,496iApproximate average salary by contribution assumption: employee only about $212,406 at 4% or $141,604 at 6%; with 50% employer match about $141,604 at 4% or $94,402 at 6%; with 100% employer match about $106,203 at 4% or $70,802 at 6%. |
| Somic America Inc. Employee Benefits Plan | - | 540 | - | - | - |
| 2023 | 2 | 544 | $20,764,542 | $2,836,540 | $5,214iApproximate average salary by contribution assumption: employee only about $130,356 at 4% or $86,904 at 6%; with 50% employer match about $86,904 at 4% or $57,936 at 6%; with 100% employer match about $65,178 at 4% or $43,452 at 6%. |
| Somic America Inc. 401(K) Plan | - | 544 | $20,764,542 | $2,836,540 | $5,214iApproximate average salary by contribution assumption: employee only about $130,356 at 4% or $86,904 at 6%; with 50% employer match about $86,904 at 4% or $57,936 at 6%; with 100% employer match about $65,178 at 4% or $43,452 at 6%. |
| Somic America Inc. Employee Benefits Plan | - | 543 | - | - | - |
| 2022 | 2 | 576 | $16,918,442 | $2,299,914 | $3,993iApproximate average salary by contribution assumption: employee only about $99,823 at 4% or $66,548 at 6%; with 50% employer match about $66,548 at 4% or $44,366 at 6%; with 100% employer match about $49,911 at 4% or $33,274 at 6%. |
| Somic America Inc. 401(K) Plan | - | 548 | $16,918,442 | $2,299,914 | $4,197iApproximate average salary by contribution assumption: employee only about $104,923 at 4% or $69,949 at 6%; with 50% employer match about $69,949 at 4% or $46,632 at 6%; with 100% employer match about $52,462 at 4% or $34,974 at 6%. |
| Somic America Inc. Employee Benefits Plan | - | 576 | - | - | - |
| 2021 | 2 | 551 | $20,973,023 | $2,142,750 | $3,889iApproximate average salary by contribution assumption: employee only about $97,221 at 4% or $64,814 at 6%; with 50% employer match about $64,814 at 4% or $43,209 at 6%; with 100% employer match about $48,610 at 4% or $32,407 at 6%. |
| Somic America Inc. 401(K) Plan | - | 551 | $20,973,023 | $2,142,750 | $3,889iApproximate average salary by contribution assumption: employee only about $97,221 at 4% or $64,814 at 6%; with 50% employer match about $64,814 at 4% or $43,209 at 6%; with 100% employer match about $48,610 at 4% or $32,407 at 6%. |
| Somic America Inc. Employee Benefits Plan | - | 520 | - | - | - |
| 2020 | 2 | 587 | $17,330,785 | $1,760,672 | $2,999iApproximate average salary by contribution assumption: employee only about $74,986 at 4% or $49,991 at 6%; with 50% employer match about $49,991 at 4% or $33,327 at 6%; with 100% employer match about $37,493 at 4% or $24,995 at 6%. |
| Somic America Inc. 401(K) Plan | - | 587 | $17,330,785 | $1,760,672 | $2,999iApproximate average salary by contribution assumption: employee only about $74,986 at 4% or $49,991 at 6%; with 50% employer match about $49,991 at 4% or $33,327 at 6%; with 100% employer match about $37,493 at 4% or $24,995 at 6%. |
| Somic America Inc. Employee Benefits Plan | - | 568 | - | - | - |
| 2019 | 1 | 436 | $16,667,879 | $1,330,633 | $3,052iApproximate average salary by contribution assumption: employee only about $76,298 at 4% or $50,865 at 6%; with 50% employer match about $50,865 at 4% or $33,910 at 6%; with 100% employer match about $38,149 at 4% or $25,433 at 6%. |
| Somic America Inc. 401(K) Plan | - | 436 | $16,667,879 | $1,330,633 | $3,052iApproximate average salary by contribution assumption: employee only about $76,298 at 4% or $50,865 at 6%; with 50% employer match about $50,865 at 4% or $33,910 at 6%; with 100% employer match about $38,149 at 4% or $25,433 at 6%. |
| 2018 | 2 | 412 | $13,774,225 | $1,829,277 | $4,440iApproximate average salary by contribution assumption: employee only about $111,000 at 4% or $74,000 at 6%; with 50% employer match about $74,000 at 4% or $49,333 at 6%; with 100% employer match about $55,500 at 4% or $37,000 at 6%. |
| Somic America Inc. 401(K) Plan | - | 412 | $13,774,225 | $1,829,277 | $4,440iApproximate average salary by contribution assumption: employee only about $111,000 at 4% or $74,000 at 6%; with 50% employer match about $74,000 at 4% or $49,333 at 6%; with 100% employer match about $55,500 at 4% or $37,000 at 6%. |
| Somic America Inc. Employee Benefits Plan | - | 358 | - | - | - |
| 2017 | 2 | 427 | $14,091,921 | $1,265,155 | $2,963iApproximate average salary by contribution assumption: employee only about $74,072 at 4% or $49,382 at 6%; with 50% employer match about $49,382 at 4% or $32,921 at 6%; with 100% employer match about $37,036 at 4% or $24,691 at 6%. |
| Somic America Inc. 401(K) Plan | - | 427 | $14,091,921 | $1,265,155 | $2,963iApproximate average salary by contribution assumption: employee only about $74,072 at 4% or $49,382 at 6%; with 50% employer match about $49,382 at 4% or $32,921 at 6%; with 100% employer match about $37,036 at 4% or $24,691 at 6%. |
| Somic America Inc. Employee Benefits Plan | - | 395 | - | - | - |
| 2016 | 2 | 462 | $11,357,457 | $1,154,589 | $2,499iApproximate average salary by contribution assumption: employee only about $62,478 at 4% or $41,652 at 6%; with 50% employer match about $41,652 at 4% or $27,768 at 6%; with 100% employer match about $31,239 at 4% or $20,826 at 6%. |
| Somic America Inc. 401(K) Plan | - | 462 | $11,357,457 | $1,154,589 | $2,499iApproximate average salary by contribution assumption: employee only about $62,478 at 4% or $41,652 at 6%; with 50% employer match about $41,652 at 4% or $27,768 at 6%; with 100% employer match about $31,239 at 4% or $20,826 at 6%. |
| Somic America Inc. Employee Benefits Plan | - | 411 | - | - | - |
| 2015 | 2 | 410 | $10,680,963 | $1,108,675 | $2,704iApproximate average salary by contribution assumption: employee only about $67,602 at 4% or $45,068 at 6%; with 50% employer match about $45,068 at 4% or $30,045 at 6%; with 100% employer match about $33,801 at 4% or $22,534 at 6%. |
| Somic America Inc. 401(K) Plan | - | 410 | $10,680,963 | $1,108,675 | $2,704iApproximate average salary by contribution assumption: employee only about $67,602 at 4% or $45,068 at 6%; with 50% employer match about $45,068 at 4% or $30,045 at 6%; with 100% employer match about $33,801 at 4% or $22,534 at 6%. |
| Somic America Inc. Employee Benefits Plan | - | 382 | - | - | - |
| 2014 | 2 | 424 | $10,143,500 | $960,427 | $2,265iApproximate average salary by contribution assumption: employee only about $56,629 at 4% or $37,753 at 6%; with 50% employer match about $37,753 at 4% or $25,168 at 6%; with 100% employer match about $28,314 at 4% or $18,876 at 6%. |
| Somic America Inc. 401(K) Plan | - | 424 | $10,143,500 | $960,427 | $2,265iApproximate average salary by contribution assumption: employee only about $56,629 at 4% or $37,753 at 6%; with 50% employer match about $37,753 at 4% or $25,168 at 6%; with 100% employer match about $28,314 at 4% or $18,876 at 6%. |
| Somic America Inc. Employee Benefits Plan | - | 394 | - | - | - |
| 2013 | 2 | 382 | $9,036,688 | $1,022,263 | $2,676iApproximate average salary by contribution assumption: employee only about $66,902 at 4% or $44,601 at 6%; with 50% employer match about $44,601 at 4% or $29,734 at 6%; with 100% employer match about $33,451 at 4% or $22,301 at 6%. |
| Somic America Inc. 401(K) Plan | - | 382 | $9,036,688 | $1,022,263 | $2,676iApproximate average salary by contribution assumption: employee only about $66,902 at 4% or $44,601 at 6%; with 50% employer match about $44,601 at 4% or $29,734 at 6%; with 100% employer match about $33,451 at 4% or $22,301 at 6%. |
| Somic America Inc. Employee Benefits Plan | - | 345 | - | - | - |
| 2012 | 2 | 343 | $7,142,129 | $741,207 | $2,161iApproximate average salary by contribution assumption: employee only about $54,024 at 4% or $36,016 at 6%; with 50% employer match about $36,016 at 4% or $24,011 at 6%; with 100% employer match about $27,012 at 4% or $18,008 at 6%. |
| Somic America Inc. 401(K) Plan | - | 343 | $7,142,129 | $741,207 | $2,161iApproximate average salary by contribution assumption: employee only about $54,024 at 4% or $36,016 at 6%; with 50% employer match about $36,016 at 4% or $24,011 at 6%; with 100% employer match about $27,012 at 4% or $18,008 at 6%. |
| Somic America Inc. Employee Benefits Plan | - | 310 | - | - | - |
| 2011 | 2 | 268 | $6,214,251 | $740,591 | $2,763iApproximate average salary by contribution assumption: employee only about $69,085 at 4% or $46,057 at 6%; with 50% employer match about $46,057 at 4% or $30,704 at 6%; with 100% employer match about $34,542 at 4% or $23,028 at 6%. |
| Somic America Inc. 401(K) Plan | - | 268 | $6,214,251 | $740,591 | $2,763iApproximate average salary by contribution assumption: employee only about $69,085 at 4% or $46,057 at 6%; with 50% employer match about $46,057 at 4% or $30,704 at 6%; with 100% employer match about $34,542 at 4% or $23,028 at 6%. |
| Somic America Inc. Employee Benefits Plan | - | 261 | - | - | - |
| 2010 | 2 | 249 | $6,752,239 | $894,699 | $3,593iApproximate average salary by contribution assumption: employee only about $89,829 at 4% or $59,886 at 6%; with 50% employer match about $59,886 at 4% or $39,924 at 6%; with 100% employer match about $44,915 at 4% or $29,943 at 6%. |
| Somic America Inc. 401(K) Plan | - | 249 | $6,752,239 | $894,699 | $3,593iApproximate average salary by contribution assumption: employee only about $89,829 at 4% or $59,886 at 6%; with 50% employer match about $59,886 at 4% or $39,924 at 6%; with 100% employer match about $44,915 at 4% or $29,943 at 6%. |
| Somic America Inc. Employee Benefits Plan | - | 229 | - | - | - |