Meritocracy Inc.
Plan context: Meritocracy Inc. Cash Balance Account Plan
EIN 27-2659867 • Los Angeles, CA • 24 filings • 2 plans
Current Snapshot
Latest Year
2024
2024 Participants
19
2024 Assets
$3,816,220
2024 Contributions
$138,000
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 | 19 | $3,816,220 | $138,000 | $7,263iApproximate average salary by contribution assumption: employee only about $181,579 at 4% or $121,053 at 6%; with 50% employer match about $121,053 at 4% or $80,702 at 6%; with 100% employer match about $90,789 at 4% or $60,526 at 6%. |
| Meritocracy Inc. Cash Balance Account Plan | - | 8 | $2,271,602 | $0 | - |
| Meritocracy Inc. 401(K) Profit Sharing Plan | - | 19 | $1,544,618 | $138,000 | $7,263iApproximate average salary by contribution assumption: employee only about $181,579 at 4% or $121,053 at 6%; with 50% employer match about $121,053 at 4% or $80,702 at 6%; with 100% employer match about $90,789 at 4% or $60,526 at 6%. |
| 2023 | 2 | 13 | $3,430,718 | $97,921 | $7,532iApproximate average salary by contribution assumption: employee only about $188,310 at 4% or $125,540 at 6%; with 50% employer match about $125,540 at 4% or $83,693 at 6%; with 100% employer match about $94,155 at 4% or $62,770 at 6%. |
| Meritocracy Inc. Cash Balance Account Plan | - | 7 | $2,118,749 | $75,000 | $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%. |
| Meritocracy Inc. 401(K) Profit Sharing Plan | - | 13 | $1,311,969 | $22,921 | $1,763iApproximate average salary by contribution assumption: employee only about $44,079 at 4% or $29,386 at 6%; with 50% employer match about $29,386 at 4% or $19,591 at 6%; with 100% employer match about $22,039 at 4% or $14,693 at 6%. |
| 2022 | 2 | 12 | $3,056,768 | $291,788 | $24,316iApproximate average salary by contribution assumption: employee only about $607,892 at 4% or $405,261 at 6%; with 50% employer match about $405,261 at 4% or $270,174 at 6%; with 100% employer match about $303,946 at 4% or $202,631 at 6%. |
| Meritocracy Inc. Cash Balance Account Plan | - | 7 | $1,868,193 | $148,189 | $21,170iApproximate average salary by contribution assumption: employee only about $529,246 at 4% or $352,831 at 6%; with 50% employer match about $352,831 at 4% or $235,221 at 6%; with 100% employer match about $264,623 at 4% or $176,415 at 6%. |
| Meritocracy Inc. 401(K) Profit Sharing Plan | - | 12 | $1,188,575 | $143,599 | $11,967iApproximate average salary by contribution assumption: employee only about $299,165 at 4% or $199,443 at 6%; with 50% employer match about $199,443 at 4% or $132,962 at 6%; with 100% employer match about $149,582 at 4% or $99,722 at 6%. |
| 2021 | 2 | 12 | $3,060,158 | $452,149 | $37,679iApproximate average salary by contribution assumption: employee only about $941,977 at 4% or $627,985 at 6%; with 50% employer match about $627,985 at 4% or $418,656 at 6%; with 100% employer match about $470,989 at 4% or $313,992 at 6%. |
| Meritocracy Inc. Cash Balance Account Plan | - | 8 | $1,915,347 | $300,000 | $37,500iApproximate average salary by contribution assumption: employee only about $937,500 at 4% or $625,000 at 6%; with 50% employer match about $625,000 at 4% or $416,667 at 6%; with 100% employer match about $468,750 at 4% or $312,500 at 6%. |
| Meritocracy Inc. 401(K) Profit Sharing Plan | - | 12 | $1,144,811 | $152,149 | $12,679iApproximate average salary by contribution assumption: employee only about $316,977 at 4% or $211,318 at 6%; with 50% employer match about $211,318 at 4% or $140,879 at 6%; with 100% employer match about $158,489 at 4% or $105,659 at 6%. |
| 2020 | 2 | 10 | $2,548,858 | $646,800 | $64,680iApproximate average salary by contribution assumption: employee only about $1,617,000 at 4% or $1,078,000 at 6%; with 50% employer match about $1,078,000 at 4% or $718,667 at 6%; with 100% employer match about $808,500 at 4% or $539,000 at 6%. |
| Meritocracy Inc. Cash Balance Account Plan | - | 7 | $1,570,571 | $508,207 | $72,601iApproximate average salary by contribution assumption: employee only about $1,815,025 at 4% or $1,210,017 at 6%; with 50% employer match about $1,210,017 at 4% or $806,678 at 6%; with 100% employer match about $907,513 at 4% or $605,008 at 6%. |
| Meritocracy Inc. 401(K) Profit Sharing Plan | - | 10 | $978,287 | $138,593 | $13,859iApproximate average salary by contribution assumption: employee only about $346,483 at 4% or $230,988 at 6%; with 50% employer match about $230,988 at 4% or $153,992 at 6%; with 100% employer match about $173,241 at 4% or $115,494 at 6%. |
| 2019 | 2 | 8 | $2,122,881 | $240,745 | $30,093iApproximate average salary by contribution assumption: employee only about $752,328 at 4% or $501,552 at 6%; with 50% employer match about $501,552 at 4% or $334,368 at 6%; with 100% employer match about $376,164 at 4% or $250,776 at 6%. |
| Meritocracy Inc. Cash Balance Account Plan | - | 7 | $1,188,946 | $100,000 | $14,286iApproximate average salary by contribution assumption: employee only about $357,143 at 4% or $238,095 at 6%; with 50% employer match about $238,095 at 4% or $158,730 at 6%; with 100% employer match about $178,571 at 4% or $119,048 at 6%. |
| Meritocracy Inc. 401(K) Profit Sharing Plan | - | 8 | $933,935 | $140,745 | $17,593iApproximate average salary by contribution assumption: employee only about $439,828 at 4% or $293,219 at 6%; with 50% employer match about $293,219 at 4% or $195,479 at 6%; with 100% employer match about $219,914 at 4% or $146,609 at 6%. |
| 2018 | 2 | 7 | $1,712,453 | $320,760 | $45,823iApproximate average salary by contribution assumption: employee only about $1,145,571 at 4% or $763,714 at 6%; with 50% employer match about $763,714 at 4% or $509,143 at 6%; with 100% employer match about $572,786 at 4% or $381,857 at 6%. |
| Meritocracy Inc. Cash Balance Account Plan | - | 6 | $992,665 | $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%. |
| Meritocracy Inc. 401(K) Profit Sharing Plan | - | 7 | $719,788 | $120,760 | $17,251iApproximate average salary by contribution assumption: employee only about $431,286 at 4% or $287,524 at 6%; with 50% employer match about $287,524 at 4% or $191,683 at 6%; with 100% employer match about $215,643 at 4% or $143,762 at 6%. |
| 2017 | 2 | 5 | $1,546,411 | $264,184 | $52,837iApproximate average salary by contribution assumption: employee only about $1,320,920 at 4% or $880,613 at 6%; with 50% employer match about $880,613 at 4% or $587,076 at 6%; with 100% employer match about $660,460 at 4% or $440,307 at 6%. |
| Meritocracy Inc. Cash Balance Account Plan | - | 4 | $879,921 | $151,200 | $37,800iApproximate average salary by contribution assumption: employee only about $945,000 at 4% or $630,000 at 6%; with 50% employer match about $630,000 at 4% or $420,000 at 6%; with 100% employer match about $472,500 at 4% or $315,000 at 6%. |
| Meritocracy Inc. 401(K) Profit Sharing Plan | - | 5 | $666,490 | $112,984 | $22,597iApproximate average salary by contribution assumption: employee only about $564,920 at 4% or $376,613 at 6%; with 50% employer match about $376,613 at 4% or $251,076 at 6%; with 100% employer match about $282,460 at 4% or $188,307 at 6%. |
| 2016 | 2 | 6 | $1,127,700 | $288,778 | $48,130iApproximate average salary by contribution assumption: employee only about $1,203,242 at 4% or $802,161 at 6%; with 50% employer match about $802,161 at 4% or $534,774 at 6%; with 100% employer match about $601,621 at 4% or $401,081 at 6%. |
| Meritocracy Inc. Cash Balance Account Plan | - | 5 | $642,403 | $168,000 | $33,600iApproximate average salary by contribution assumption: employee only about $840,000 at 4% or $560,000 at 6%; with 50% employer match about $560,000 at 4% or $373,333 at 6%; with 100% employer match about $420,000 at 4% or $280,000 at 6%. |
| Meritocracy Inc. 401(K) Profit Sharing Plan | - | 6 | $485,297 | $120,778 | $20,130iApproximate average salary by contribution assumption: employee only about $503,242 at 4% or $335,494 at 6%; with 50% employer match about $335,494 at 4% or $223,663 at 6%; with 100% employer match about $251,621 at 4% or $167,747 at 6%. |
| 2015 | 2 | 5 | $789,742 | $273,079 | $54,616iApproximate average salary by contribution assumption: employee only about $1,365,395 at 4% or $910,263 at 6%; with 50% employer match about $910,263 at 4% or $606,842 at 6%; with 100% employer match about $682,698 at 4% or $455,132 at 6%. |
| Meritocracy Inc. Cash Balance Account Plan | - | 4 | $448,102 | $155,000 | $38,750iApproximate average salary by contribution assumption: employee only about $968,750 at 4% or $645,833 at 6%; with 50% employer match about $645,833 at 4% or $430,556 at 6%; with 100% employer match about $484,375 at 4% or $322,917 at 6%. |
| Meritocracy Inc. 401(K) Profit Sharing Plan | - | 5 | $341,640 | $118,079 | $23,616iApproximate average salary by contribution assumption: employee only about $590,395 at 4% or $393,597 at 6%; with 50% employer match about $393,597 at 4% or $262,398 at 6%; with 100% employer match about $295,198 at 4% or $196,798 at 6%. |
| 2014 | 2 | 5 | $544,825 | $275,540 | $55,108iApproximate average salary by contribution assumption: employee only about $1,377,700 at 4% or $918,467 at 6%; with 50% employer match about $918,467 at 4% or $612,311 at 6%; with 100% employer match about $688,850 at 4% or $459,233 at 6%. |
| Meritocracy Inc. Cash Balance Account Plan | - | 5 | $307,558 | $154,461 | $30,892iApproximate average salary by contribution assumption: employee only about $772,305 at 4% or $514,870 at 6%; with 50% employer match about $514,870 at 4% or $343,247 at 6%; with 100% employer match about $386,153 at 4% or $257,435 at 6%. |
| Meritocracy Inc. 401(K) Profit Sharing Plan | - | 5 | $237,267 | $121,079 | $24,216iApproximate average salary by contribution assumption: employee only about $605,395 at 4% or $403,597 at 6%; with 50% employer match about $403,597 at 4% or $269,064 at 6%; with 100% employer match about $302,698 at 4% or $201,798 at 6%. |
| 2013 | 2 | 5 | $266,923 | $266,923 | $53,385iApproximate average salary by contribution assumption: employee only about $1,334,615 at 4% or $889,743 at 6%; with 50% employer match about $889,743 at 4% or $593,162 at 6%; with 100% employer match about $667,308 at 4% or $444,872 at 6%. |
| Meritocracy Inc. Cash Balance Account Plan | - | 5 | $151,800 | $151,800 | $30,360iApproximate average salary by contribution assumption: employee only about $759,000 at 4% or $506,000 at 6%; with 50% employer match about $506,000 at 4% or $337,333 at 6%; with 100% employer match about $379,500 at 4% or $253,000 at 6%. |
| Meritocracy Inc. 401(K) Profit Sharing Plan | - | 5 | $115,123 | $115,123 | $23,025iApproximate average salary by contribution assumption: employee only about $575,615 at 4% or $383,743 at 6%; with 50% employer match about $383,743 at 4% or $255,829 at 6%; with 100% employer match about $287,808 at 4% or $191,872 at 6%. |