Civic Intelligence

Michael S. Schafer Inc.

Plan context: Michael S. Schafer Inc. 401(K) P/S Plan

EIN 34-1950706 • Westlake, OH • 20 filings • 4 plans

27865 Clemens RdSte 1Westlake, OH 44145
Current Snapshot

Latest Year

2024

2024 Participants

4

2024 Assets

$1,705,300

2024 Contributions

$90,240

Historical Graphs

Total Assets Over Time

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

$1,705,300$852,650$0200820162024YearValue
$1,705,300Latest year 2024

Participants Over Time

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

420200820162024YearValue
4Latest 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
202414$1,705,300$90,240$22,560iApproximate average salary by contribution assumption: employee only about $564,000 at 4% or $376,000 at 6%; with 50% employer match about $376,000 at 4% or $250,667 at 6%; with 100% employer match about $282,000 at 4% or $188,000 at 6%.
Michael S. Schafer Inc. 401(K) P/S Plan-4$1,705,300$90,240$22,560iApproximate average salary by contribution assumption: employee only about $564,000 at 4% or $376,000 at 6%; with 50% employer match about $376,000 at 4% or $250,667 at 6%; with 100% employer match about $282,000 at 4% or $188,000 at 6%.
202324$1,468,260$108,240$27,060iApproximate average salary by contribution assumption: employee only about $676,500 at 4% or $451,000 at 6%; with 50% employer match about $451,000 at 4% or $300,667 at 6%; with 100% employer match about $338,250 at 4% or $225,500 at 6%.
Michael S. Schafer Inc. 401(K) P/S Plan-4$1,466,111$85,724$21,431iApproximate average salary by contribution assumption: employee only about $535,775 at 4% or $357,183 at 6%; with 50% employer match about $357,183 at 4% or $238,122 at 6%; with 100% employer match about $267,888 at 4% or $178,592 at 6%.
MICHAEL S SCHAFER, INC CHAMBER BENEFIT ARRANGEMENT PLAN-2$2,149$22,516$11,258iApproximate average salary by contribution assumption: employee only about $281,450 at 4% or $187,633 at 6%; with 50% employer match about $187,633 at 4% or $125,089 at 6%; with 100% employer match about $140,725 at 4% or $93,817 at 6%.
202224$1,208,377$97,893$24,473iApproximate average salary by contribution assumption: employee only about $611,831 at 4% or $407,888 at 6%; with 50% employer match about $407,888 at 4% or $271,925 at 6%; with 100% employer match about $305,916 at 4% or $203,944 at 6%.
Michael S. Schafer Inc. 401(K) P/S Plan-4$1,207,515$78,061$19,515iApproximate average salary by contribution assumption: employee only about $487,881 at 4% or $325,254 at 6%; with 50% employer match about $325,254 at 4% or $216,836 at 6%; with 100% employer match about $243,941 at 4% or $162,627 at 6%.
MICHAEL S SCHAFER, INC CHAMBER BENEFIT ARRANGEMENT PLAN-2$862$19,832$9,916iApproximate average salary by contribution assumption: employee only about $247,900 at 4% or $165,267 at 6%; with 50% employer match about $165,267 at 4% or $110,178 at 6%; with 100% employer match about $123,950 at 4% or $82,633 at 6%.
202124$1,405,460$86,897$21,724iApproximate average salary by contribution assumption: employee only about $543,106 at 4% or $362,071 at 6%; with 50% employer match about $362,071 at 4% or $241,381 at 6%; with 100% employer match about $271,553 at 4% or $181,035 at 6%.
Michael S. Schafer Inc. 401(K) P/S Plan-4$1,405,381$67,352$16,838iApproximate average salary by contribution assumption: employee only about $420,950 at 4% or $280,633 at 6%; with 50% employer match about $280,633 at 4% or $187,089 at 6%; with 100% employer match about $210,475 at 4% or $140,317 at 6%.
MICHAEL S SCHAFER, INC CHAMBER BENEFIT ARRANGEMENT PLAN-2$79$19,545$9,773iApproximate average salary by contribution assumption: employee only about $244,313 at 4% or $162,875 at 6%; with 50% employer match about $162,875 at 4% or $108,583 at 6%; with 100% employer match about $122,156 at 4% or $81,438 at 6%.
202014$1,134,184$64,676$16,169iApproximate average salary by contribution assumption: employee only about $404,225 at 4% or $269,483 at 6%; with 50% employer match about $269,483 at 4% or $179,656 at 6%; with 100% employer match about $202,113 at 4% or $134,742 at 6%.
Michael S. Schafer Inc. 401(K) P/S Plan-4$1,134,184$64,676$16,169iApproximate average salary by contribution assumption: employee only about $404,225 at 4% or $269,483 at 6%; with 50% employer match about $269,483 at 4% or $179,656 at 6%; with 100% employer match about $202,113 at 4% or $134,742 at 6%.
201914$877,205$62,647$15,662iApproximate average salary by contribution assumption: employee only about $391,544 at 4% or $261,029 at 6%; with 50% employer match about $261,029 at 4% or $174,019 at 6%; with 100% employer match about $195,772 at 4% or $130,515 at 6%.
Michael S. Schafer Inc. 401(K) P/S Plan-4$877,205$62,647$15,662iApproximate average salary by contribution assumption: employee only about $391,544 at 4% or $261,029 at 6%; with 50% employer match about $261,029 at 4% or $174,019 at 6%; with 100% employer match about $195,772 at 4% or $130,515 at 6%.
201814$630,575$52,624$13,156iApproximate average salary by contribution assumption: employee only about $328,900 at 4% or $219,267 at 6%; with 50% employer match about $219,267 at 4% or $146,178 at 6%; with 100% employer match about $164,450 at 4% or $109,633 at 6%.
Michael S. Schafer Inc. 401(K) P/S Plan-4$630,575$52,624$13,156iApproximate average salary by contribution assumption: employee only about $328,900 at 4% or $219,267 at 6%; with 50% employer match about $219,267 at 4% or $146,178 at 6%; with 100% employer match about $164,450 at 4% or $109,633 at 6%.
201713$660,874$45,943$15,314iApproximate average salary by contribution assumption: employee only about $382,858 at 4% or $255,239 at 6%; with 50% employer match about $255,239 at 4% or $170,159 at 6%; with 100% employer match about $191,429 at 4% or $127,619 at 6%.
Michael S. Schafer Inc. 401(K) P/S Plan-3$660,874$45,943$15,314iApproximate average salary by contribution assumption: employee only about $382,858 at 4% or $255,239 at 6%; with 50% employer match about $255,239 at 4% or $170,159 at 6%; with 100% employer match about $191,429 at 4% or $127,619 at 6%.
201614$498,447$47,542$11,886iApproximate average salary by contribution assumption: employee only about $297,138 at 4% or $198,092 at 6%; with 50% employer match about $198,092 at 4% or $132,061 at 6%; with 100% employer match about $148,569 at 4% or $99,046 at 6%.
Michael S. Schafer Inc. 401(K) P/S Plan-4$498,447$47,542$11,886iApproximate average salary by contribution assumption: employee only about $297,138 at 4% or $198,092 at 6%; with 50% employer match about $198,092 at 4% or $132,061 at 6%; with 100% employer match about $148,569 at 4% or $99,046 at 6%.
201514$445,573$85,761$21,440iApproximate average salary by contribution assumption: employee only about $536,006 at 4% or $357,338 at 6%; with 50% employer match about $357,338 at 4% or $238,225 at 6%; with 100% employer match about $268,003 at 4% or $178,669 at 6%.
Michael S. Schafer Inc. 401(K) P/S Plan-4$445,573$85,761$21,440iApproximate average salary by contribution assumption: employee only about $536,006 at 4% or $357,338 at 6%; with 50% employer match about $357,338 at 4% or $238,225 at 6%; with 100% employer match about $268,003 at 4% or $178,669 at 6%.
201414$384,671$43,170$10,793iApproximate average salary by contribution assumption: employee only about $269,813 at 4% or $179,875 at 6%; with 50% employer match about $179,875 at 4% or $119,917 at 6%; with 100% employer match about $134,906 at 4% or $89,938 at 6%.
Michael S. Schafer Inc. 401(K) P/S Plan-4$384,671$43,170$10,793iApproximate average salary by contribution assumption: employee only about $269,813 at 4% or $179,875 at 6%; with 50% employer match about $179,875 at 4% or $119,917 at 6%; with 100% employer match about $134,906 at 4% or $89,938 at 6%.
201313$324,247$40,618$13,539iApproximate average salary by contribution assumption: employee only about $338,483 at 4% or $225,656 at 6%; with 50% employer match about $225,656 at 4% or $150,437 at 6%; with 100% employer match about $169,242 at 4% or $112,828 at 6%.
Michael S. Schafer Inc. 401(K) P/S Plan-3$324,247$40,618$13,539iApproximate average salary by contribution assumption: employee only about $338,483 at 4% or $225,656 at 6%; with 50% employer match about $225,656 at 4% or $150,437 at 6%; with 100% employer match about $169,242 at 4% or $112,828 at 6%.
201213$256,415$39,338$13,113iApproximate average salary by contribution assumption: employee only about $327,817 at 4% or $218,544 at 6%; with 50% employer match about $218,544 at 4% or $145,696 at 6%; with 100% employer match about $163,908 at 4% or $109,272 at 6%.
Michael S. Schafer Inc. 401(K) P/S Plan-3$256,415$39,338$13,113iApproximate average salary by contribution assumption: employee only about $327,817 at 4% or $218,544 at 6%; with 50% employer match about $218,544 at 4% or $145,696 at 6%; with 100% employer match about $163,908 at 4% or $109,272 at 6%.
201113$191,504$38,120$12,707iApproximate average salary by contribution assumption: employee only about $317,667 at 4% or $211,778 at 6%; with 50% employer match about $211,778 at 4% or $141,185 at 6%; with 100% employer match about $158,833 at 4% or $105,889 at 6%.
Michael S. Schafer Inc. 401(K) P/S Plan-3$191,504$38,120$12,707iApproximate average salary by contribution assumption: employee only about $317,667 at 4% or $211,778 at 6%; with 50% employer match about $211,778 at 4% or $141,185 at 6%; with 100% employer match about $158,833 at 4% or $105,889 at 6%.
201013$155,921$37,966$12,655iApproximate average salary by contribution assumption: employee only about $316,383 at 4% or $210,922 at 6%; with 50% employer match about $210,922 at 4% or $140,615 at 6%; with 100% employer match about $158,192 at 4% or $105,461 at 6%.
Michael S. Schafer Inc. 401(K) P/S Plan-3$155,921$37,966$12,655iApproximate average salary by contribution assumption: employee only about $316,383 at 4% or $210,922 at 6%; with 50% employer match about $210,922 at 4% or $140,615 at 6%; with 100% employer match about $158,192 at 4% or $105,461 at 6%.
200913$107,051$66,276$22,092iApproximate average salary by contribution assumption: employee only about $552,300 at 4% or $368,200 at 6%; with 50% employer match about $368,200 at 4% or $245,467 at 6%; with 100% employer match about $276,150 at 4% or $184,100 at 6%.
Michael S. Schafer Inc. 401(K) P/S Plan-3$107,051$66,276$22,092iApproximate average salary by contribution assumption: employee only about $552,300 at 4% or $368,200 at 6%; with 50% employer match about $368,200 at 4% or $245,467 at 6%; with 100% employer match about $276,150 at 4% or $184,100 at 6%.
200814$29,016$37,133$9,283iApproximate average salary by contribution assumption: employee only about $232,081 at 4% or $154,721 at 6%; with 50% employer match about $154,721 at 4% or $103,147 at 6%; with 100% employer match about $116,041 at 4% or $77,360 at 6%.
Michael S. Schafer Inc. 401(K) P/S Plan-4$29,016$37,133$9,283iApproximate average salary by contribution assumption: employee only about $232,081 at 4% or $154,721 at 6%; with 50% employer match about $154,721 at 4% or $103,147 at 6%; with 100% employer match about $116,041 at 4% or $77,360 at 6%.