Civic Intelligence

Richard F. Michael

Plan context: Richard F. Michael Profit Sharing Plan

EIN 34-1695809 • Westlake, OH • 18 filings • 1 plans

27059 Center Ridge RoadWestlake, OH 44145
Current Snapshot

Latest Year

2017

2017 Participants

3

2017 Assets

$452,751

2017 Contributions

$9,000

Historical Graphs

Total Assets Over Time

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

$452,751$226,376$0199920072016YearValue
$452,751Latest year 2016

Participants Over Time

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

320199920092016YearValue
3Latest year 2016

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
201710$0$0-
Richard F. Michael Profit Sharing Plan-0$0--
201613$452,751$9,000$3,000iApproximate average salary by contribution assumption: employee only about $75,000 at 4% or $50,000 at 6%; with 50% employer match about $50,000 at 4% or $33,333 at 6%; with 100% employer match about $37,500 at 4% or $25,000 at 6%.
Richard F. Michael Profit Sharing Plan-3$452,751$9,000$3,000iApproximate average salary by contribution assumption: employee only about $75,000 at 4% or $50,000 at 6%; with 50% employer match about $50,000 at 4% or $33,333 at 6%; with 100% employer match about $37,500 at 4% or $25,000 at 6%.
201513$405,292$1,500$500iApproximate average salary by contribution assumption: employee only about $12,500 at 4% or $8,333 at 6%; with 50% employer match about $8,333 at 4% or $5,556 at 6%; with 100% employer match about $6,250 at 4% or $4,167 at 6%.
Richard F. Michael Profit Sharing Plan-3$405,292$1,500$500iApproximate average salary by contribution assumption: employee only about $12,500 at 4% or $8,333 at 6%; with 50% employer match about $8,333 at 4% or $5,556 at 6%; with 100% employer match about $6,250 at 4% or $4,167 at 6%.
201413$409,279$5,000$1,667iApproximate average salary by contribution assumption: employee only about $41,667 at 4% or $27,778 at 6%; with 50% employer match about $27,778 at 4% or $18,519 at 6%; with 100% employer match about $20,833 at 4% or $13,889 at 6%.
Richard F. Michael Profit Sharing Plan-3$409,279$5,000$1,667iApproximate average salary by contribution assumption: employee only about $41,667 at 4% or $27,778 at 6%; with 50% employer match about $27,778 at 4% or $18,519 at 6%; with 100% employer match about $20,833 at 4% or $13,889 at 6%.
201313$386,847$3,000$1,000iApproximate average salary by contribution assumption: employee only about $25,000 at 4% or $16,667 at 6%; with 50% employer match about $16,667 at 4% or $11,111 at 6%; with 100% employer match about $12,500 at 4% or $8,333 at 6%.
Richard F. Michael Profit Sharing Plan-3$386,847$3,000$1,000iApproximate average salary by contribution assumption: employee only about $25,000 at 4% or $16,667 at 6%; with 50% employer match about $16,667 at 4% or $11,111 at 6%; with 100% employer match about $12,500 at 4% or $8,333 at 6%.
201212$355,787$5,000$2,500iApproximate average salary by contribution assumption: employee only about $62,500 at 4% or $41,667 at 6%; with 50% employer match about $41,667 at 4% or $27,778 at 6%; with 100% employer match about $31,250 at 4% or $20,833 at 6%.
Richard F. Michael Profit Sharing Plan-2$355,787$5,000$2,500iApproximate average salary by contribution assumption: employee only about $62,500 at 4% or $41,667 at 6%; with 50% employer match about $41,667 at 4% or $27,778 at 6%; with 100% employer match about $31,250 at 4% or $20,833 at 6%.
201112$333,148$10,000$5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%.
Richard F. Michael Profit Sharing Plan-2$333,148$10,000$5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%.
201012$320,771$10,000$5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%.
Richard F. Michael Profit Sharing Plan-2$320,771$10,000$5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%.
200912$313,264$15,835$7,918iApproximate average salary by contribution assumption: employee only about $197,938 at 4% or $131,958 at 6%; with 50% employer match about $131,958 at 4% or $87,972 at 6%; with 100% employer match about $98,969 at 4% or $65,979 at 6%.
Richard F. Michael Profit Sharing Plan-2$313,264$15,835$7,918iApproximate average salary by contribution assumption: employee only about $197,938 at 4% or $131,958 at 6%; with 50% employer match about $131,958 at 4% or $87,972 at 6%; with 100% employer match about $98,969 at 4% or $65,979 at 6%.
200712$390,448$21,241$10,621iApproximate average salary by contribution assumption: employee only about $265,513 at 4% or $177,008 at 6%; with 50% employer match about $177,008 at 4% or $118,006 at 6%; with 100% employer match about $132,756 at 4% or $88,504 at 6%.
Richard F. Michael Profit Sharing Plan-2$390,448$21,241$10,621iApproximate average salary by contribution assumption: employee only about $265,513 at 4% or $177,008 at 6%; with 50% employer match about $177,008 at 4% or $118,006 at 6%; with 100% employer match about $132,756 at 4% or $88,504 at 6%.
200612$337,964$19,164$9,582iApproximate average salary by contribution assumption: employee only about $239,550 at 4% or $159,700 at 6%; with 50% employer match about $159,700 at 4% or $106,467 at 6%; with 100% employer match about $119,775 at 4% or $79,850 at 6%.
Richard F. Michael Profit Sharing Plan-2$337,964$19,164$9,582iApproximate average salary by contribution assumption: employee only about $239,550 at 4% or $159,700 at 6%; with 50% employer match about $159,700 at 4% or $106,467 at 6%; with 100% employer match about $119,775 at 4% or $79,850 at 6%.
200512$282,083$17,320$8,660iApproximate average salary by contribution assumption: employee only about $216,500 at 4% or $144,333 at 6%; with 50% employer match about $144,333 at 4% or $96,222 at 6%; with 100% employer match about $108,250 at 4% or $72,167 at 6%.
Richard F. Michael Profit Sharing Plan-2$282,083$17,320$8,660iApproximate average salary by contribution assumption: employee only about $216,500 at 4% or $144,333 at 6%; with 50% employer match about $144,333 at 4% or $96,222 at 6%; with 100% employer match about $108,250 at 4% or $72,167 at 6%.
200412$250,321$20,832$10,416iApproximate average salary by contribution assumption: employee only about $260,400 at 4% or $173,600 at 6%; with 50% employer match about $173,600 at 4% or $115,733 at 6%; with 100% employer match about $130,200 at 4% or $86,800 at 6%.
Richard F. Michael Profit Sharing Plan-2$250,321$20,832$10,416iApproximate average salary by contribution assumption: employee only about $260,400 at 4% or $173,600 at 6%; with 50% employer match about $173,600 at 4% or $115,733 at 6%; with 100% employer match about $130,200 at 4% or $86,800 at 6%.
200312$216,911$26,337$13,169iApproximate average salary by contribution assumption: employee only about $329,213 at 4% or $219,475 at 6%; with 50% employer match about $219,475 at 4% or $146,317 at 6%; with 100% employer match about $164,606 at 4% or $109,738 at 6%.
Richard F. Michael Profit Sharing Plan-2$216,911$26,337$13,169iApproximate average salary by contribution assumption: employee only about $329,213 at 4% or $219,475 at 6%; with 50% employer match about $219,475 at 4% or $146,317 at 6%; with 100% employer match about $164,606 at 4% or $109,738 at 6%.
200210$154,238$26,846-
Richard F. Michael Profit Sharing Plan-0$154,238$26,846-
200112$146,435$24,191$12,096iApproximate average salary by contribution assumption: employee only about $302,388 at 4% or $201,592 at 6%; with 50% employer match about $201,592 at 4% or $134,394 at 6%; with 100% employer match about $151,194 at 4% or $100,796 at 6%.
Richard F. Michael Profit Sharing Plan-2$146,435$24,191$12,096iApproximate average salary by contribution assumption: employee only about $302,388 at 4% or $201,592 at 6%; with 50% employer match about $201,592 at 4% or $134,394 at 6%; with 100% employer match about $151,194 at 4% or $100,796 at 6%.
200012$137,432$23,175$11,588iApproximate average salary by contribution assumption: employee only about $289,688 at 4% or $193,125 at 6%; with 50% employer match about $193,125 at 4% or $128,750 at 6%; with 100% employer match about $144,844 at 4% or $96,563 at 6%.
Richard F. Michael Profit Sharing Plan-2$137,432$23,175$11,588iApproximate average salary by contribution assumption: employee only about $289,688 at 4% or $193,125 at 6%; with 50% employer match about $193,125 at 4% or $128,750 at 6%; with 100% employer match about $144,844 at 4% or $96,563 at 6%.
199912$120,205$25,158$12,579iApproximate average salary by contribution assumption: employee only about $314,475 at 4% or $209,650 at 6%; with 50% employer match about $209,650 at 4% or $139,767 at 6%; with 100% employer match about $157,238 at 4% or $104,825 at 6%.
Richard F. Michael Profit Sharing Plan-2$120,205$25,158$12,579iApproximate average salary by contribution assumption: employee only about $314,475 at 4% or $209,650 at 6%; with 50% employer match about $209,650 at 4% or $139,767 at 6%; with 100% employer match about $157,238 at 4% or $104,825 at 6%.
Richard F. Michael | EIN 34-1695809 | 2017 Form 5500 Company Profile