Civic Intelligence

Carolina Initiatives

Plan context: Carolina Initiatives Defined Benefit Plan

EIN 27-1631332 • Simpsonville, SC • 23 filings • 2 plans

704 Carolina Bay CourtSimpsonville, SC 29681
Current Snapshot

Latest Year

2024

2024 Participants

2

2024 Assets

$191,711

2024 Contributions

$200,000

Historical Graphs

Total Assets Over Time

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

$5,863,053$2,931,527$0201220182023YearValue
$191,711Latest year 2023

Participants Over Time

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

420201220172023YearValue
2Latest 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-
Carolina Initiatives Defined Benefit Plan-0$0--
202312$191,711$0-
Carolina Initiatives Defined Benefit Plan-2$191,711--
202210$184,446$200,000-
Carolina Initiatives Defined Benefit Plan-0$184,446$200,000-
202124$5,863,053$348,562$87,141iApproximate average salary by contribution assumption: employee only about $2,178,513 at 4% or $1,452,342 at 6%; with 50% employer match about $1,452,342 at 4% or $968,228 at 6%; with 100% employer match about $1,089,256 at 4% or $726,171 at 6%.
Carolina Initiatives Defined Benefit Plan-4$4,890,351$270,000$67,500iApproximate average salary by contribution assumption: employee only about $1,687,500 at 4% or $1,125,000 at 6%; with 50% employer match about $1,125,000 at 4% or $750,000 at 6%; with 100% employer match about $843,750 at 4% or $562,500 at 6%.
Carolina Initiatives 401(K) Profit Sharing Plan-2$972,702$78,562$39,281iApproximate average salary by contribution assumption: employee only about $982,025 at 4% or $654,683 at 6%; with 50% employer match about $654,683 at 4% or $436,456 at 6%; with 100% employer match about $491,013 at 4% or $327,342 at 6%.
202024$4,883,572$422,500$105,625iApproximate average salary by contribution assumption: employee only about $2,640,625 at 4% or $1,760,417 at 6%; with 50% employer match about $1,760,417 at 4% or $1,173,611 at 6%; with 100% employer match about $1,320,313 at 4% or $880,208 at 6%.
Carolina Initiatives Defined Benefit Plan-4$4,087,444$302,000$75,500iApproximate average salary by contribution assumption: employee only about $1,887,500 at 4% or $1,258,333 at 6%; with 50% employer match about $1,258,333 at 4% or $838,889 at 6%; with 100% employer match about $943,750 at 4% or $629,167 at 6%.
Carolina Initiatives 401(K) Profit Sharing Plan-2$796,128$120,500$60,250iApproximate average salary by contribution assumption: employee only about $1,506,250 at 4% or $1,004,167 at 6%; with 50% employer match about $1,004,167 at 4% or $669,444 at 6%; with 100% employer match about $753,125 at 4% or $502,083 at 6%.
201923$4,043,505$413,043$137,681iApproximate average salary by contribution assumption: employee only about $3,442,025 at 4% or $2,294,683 at 6%; with 50% employer match about $2,294,683 at 4% or $1,529,789 at 6%; with 100% employer match about $1,721,013 at 4% or $1,147,342 at 6%.
Carolina Initiatives Defined Benefit Plan-3$3,433,916$361,965$120,655iApproximate average salary by contribution assumption: employee only about $3,016,375 at 4% or $2,010,917 at 6%; with 50% employer match about $2,010,917 at 4% or $1,340,611 at 6%; with 100% employer match about $1,508,188 at 4% or $1,005,458 at 6%.
Carolina Initiatives 401(K) Profit Sharing Plan-2$609,589$51,078$25,539iApproximate average salary by contribution assumption: employee only about $638,475 at 4% or $425,650 at 6%; with 50% employer match about $425,650 at 4% or $283,767 at 6%; with 100% employer match about $319,238 at 4% or $212,825 at 6%.
201823$3,083,841$320,330$106,777iApproximate average salary by contribution assumption: employee only about $2,669,417 at 4% or $1,779,611 at 6%; with 50% employer match about $1,779,611 at 4% or $1,186,407 at 6%; with 100% employer match about $1,334,708 at 4% or $889,806 at 6%.
Carolina Initiatives Defined Benefit Plan-3$2,604,806$254,000$84,667iApproximate average salary by contribution assumption: employee only about $2,116,667 at 4% or $1,411,111 at 6%; with 50% employer match about $1,411,111 at 4% or $940,741 at 6%; with 100% employer match about $1,058,333 at 4% or $705,556 at 6%.
Carolina Initiatives 401(K) Profit Sharing Plan-2$479,035$66,330$33,165iApproximate average salary by contribution assumption: employee only about $829,125 at 4% or $552,750 at 6%; with 50% employer match about $552,750 at 4% or $368,500 at 6%; with 100% employer match about $414,563 at 4% or $276,375 at 6%.
201723$2,959,351$354,485$118,162iApproximate average salary by contribution assumption: employee only about $2,954,042 at 4% or $1,969,361 at 6%; with 50% employer match about $1,969,361 at 4% or $1,312,907 at 6%; with 100% employer match about $1,477,021 at 4% or $984,681 at 6%.
Carolina Initiatives Defined Benefit Plan-3$2,517,773$290,800$96,933iApproximate average salary by contribution assumption: employee only about $2,423,333 at 4% or $1,615,556 at 6%; with 50% employer match about $1,615,556 at 4% or $1,077,037 at 6%; with 100% employer match about $1,211,667 at 4% or $807,778 at 6%.
Carolina Initiatives 401(K) Profit Sharing Plan-2$441,578$63,685$31,843iApproximate average salary by contribution assumption: employee only about $796,063 at 4% or $530,708 at 6%; with 50% employer match about $530,708 at 4% or $353,806 at 6%; with 100% employer match about $398,031 at 4% or $265,354 at 6%.
201623$1,788,980$765,452$255,151iApproximate average salary by contribution assumption: employee only about $6,378,767 at 4% or $4,252,511 at 6%; with 50% employer match about $4,252,511 at 4% or $2,835,007 at 6%; with 100% employer match about $3,189,383 at 4% or $2,126,256 at 6%.
Carolina Initiatives Defined Benefit Plan-3$1,452,805$704,000$234,667iApproximate average salary by contribution assumption: employee only about $5,866,667 at 4% or $3,911,111 at 6%; with 50% employer match about $3,911,111 at 4% or $2,607,407 at 6%; with 100% employer match about $2,933,333 at 4% or $1,955,556 at 6%.
Carolina Initiatives 401(K) Profit Sharing Plan-2$336,175$61,452$30,726iApproximate average salary by contribution assumption: employee only about $768,150 at 4% or $512,100 at 6%; with 50% employer match about $512,100 at 4% or $341,400 at 6%; with 100% employer match about $384,075 at 4% or $256,050 at 6%.
201523$1,459,207$466,445$155,482iApproximate average salary by contribution assumption: employee only about $3,887,042 at 4% or $2,591,361 at 6%; with 50% employer match about $2,591,361 at 4% or $1,727,574 at 6%; with 100% employer match about $1,943,521 at 4% or $1,295,681 at 6%.
Carolina Initiatives Defined Benefit Plan-3$1,198,922$400,000$133,333iApproximate average salary by contribution assumption: employee only about $3,333,333 at 4% or $2,222,222 at 6%; with 50% employer match about $2,222,222 at 4% or $1,481,481 at 6%; with 100% employer match about $1,666,667 at 4% or $1,111,111 at 6%.
Carolina Initiatives 401(K) Profit Sharing Plan-2$260,285$66,445$33,223iApproximate average salary by contribution assumption: employee only about $830,563 at 4% or $553,708 at 6%; with 50% employer match about $553,708 at 4% or $369,139 at 6%; with 100% employer match about $415,281 at 4% or $276,854 at 6%.
201423$1,035,064$293,375$97,792iApproximate average salary by contribution assumption: employee only about $2,444,792 at 4% or $1,629,861 at 6%; with 50% employer match about $1,629,861 at 4% or $1,086,574 at 6%; with 100% employer match about $1,222,396 at 4% or $814,931 at 6%.
Carolina Initiatives Defined Benefit Plan-3$833,504$223,377$74,459iApproximate average salary by contribution assumption: employee only about $1,861,475 at 4% or $1,240,983 at 6%; with 50% employer match about $1,240,983 at 4% or $827,322 at 6%; with 100% employer match about $930,738 at 4% or $620,492 at 6%.
Carolina Initiatives 401(K) Profit Sharing Plan-2$201,560$69,998$34,999iApproximate average salary by contribution assumption: employee only about $874,975 at 4% or $583,317 at 6%; with 50% employer match about $583,317 at 4% or $388,878 at 6%; with 100% employer match about $437,488 at 4% or $291,658 at 6%.
201323$740,296$466,253$155,418iApproximate average salary by contribution assumption: employee only about $3,885,442 at 4% or $2,590,294 at 6%; with 50% employer match about $2,590,294 at 4% or $1,726,863 at 6%; with 100% employer match about $1,942,721 at 4% or $1,295,147 at 6%.
Carolina Initiatives Defined Benefit Plan-3$613,675$406,093$135,364iApproximate average salary by contribution assumption: employee only about $3,384,108 at 4% or $2,256,072 at 6%; with 50% employer match about $2,256,072 at 4% or $1,504,048 at 6%; with 100% employer match about $1,692,054 at 4% or $1,128,036 at 6%.
Carolina Initiatives 401(K) Profit Sharing Plan-2$126,621$60,160$30,080iApproximate average salary by contribution assumption: employee only about $752,000 at 4% or $501,333 at 6%; with 50% employer match about $501,333 at 4% or $334,222 at 6%; with 100% employer match about $376,000 at 4% or $250,667 at 6%.
201223$264,820$264,820$88,273iApproximate average salary by contribution assumption: employee only about $2,206,833 at 4% or $1,471,222 at 6%; with 50% employer match about $1,471,222 at 4% or $980,815 at 6%; with 100% employer match about $1,103,417 at 4% or $735,611 at 6%.
Carolina Initiatives Defined Benefit Plan-3$200,000$200,000$66,667iApproximate average salary by contribution assumption: employee only about $1,666,667 at 4% or $1,111,111 at 6%; with 50% employer match about $1,111,111 at 4% or $740,741 at 6%; with 100% employer match about $833,333 at 4% or $555,556 at 6%.
Carolina Initiatives 401(K) Profit Sharing Plan-2$64,820$64,820$32,410iApproximate average salary by contribution assumption: employee only about $810,250 at 4% or $540,167 at 6%; with 50% employer match about $540,167 at 4% or $360,111 at 6%; with 100% employer match about $405,125 at 4% or $270,083 at 6%.