Wallace Law Firm
Plan context: Wallace Law Firm Profit Sharing Plan
EIN 35-1531943 • Covington, FL • 26 filings • 1 plans
Current Snapshot
Latest Year
2025
2025 Participants
10
2025 Assets
$416,730
2025 Contributions
$56,000
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 |
|---|---|---|---|---|---|
| 2025 | 1 | 10 | $416,730 | $56,000 | $5,600iApproximate average salary by contribution assumption: employee only about $140,000 at 4% or $93,333 at 6%; with 50% employer match about $93,333 at 4% or $62,222 at 6%; with 100% employer match about $70,000 at 4% or $46,667 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 10 | $416,730 | $56,000 | $5,600iApproximate average salary by contribution assumption: employee only about $140,000 at 4% or $93,333 at 6%; with 50% employer match about $93,333 at 4% or $62,222 at 6%; with 100% employer match about $70,000 at 4% or $46,667 at 6%. |
| 2024 | 1 | 12 | $338,529 | $44,380 | $3,698iApproximate average salary by contribution assumption: employee only about $92,458 at 4% or $61,639 at 6%; with 50% employer match about $61,639 at 4% or $41,093 at 6%; with 100% employer match about $46,229 at 4% or $30,819 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 12 | $338,529 | $44,380 | $3,698iApproximate average salary by contribution assumption: employee only about $92,458 at 4% or $61,639 at 6%; with 50% employer match about $61,639 at 4% or $41,093 at 6%; with 100% employer match about $46,229 at 4% or $30,819 at 6%. |
| 2023 | 1 | 12 | $579,615 | $51,234 | $4,270iApproximate average salary by contribution assumption: employee only about $106,738 at 4% or $71,158 at 6%; with 50% employer match about $71,158 at 4% or $47,439 at 6%; with 100% employer match about $53,369 at 4% or $35,579 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 12 | $579,615 | $51,234 | $4,270iApproximate average salary by contribution assumption: employee only about $106,738 at 4% or $71,158 at 6%; with 50% employer match about $71,158 at 4% or $47,439 at 6%; with 100% employer match about $53,369 at 4% or $35,579 at 6%. |
| 2022 | 1 | 12 | $859,950 | $50,168 | $4,181iApproximate average salary by contribution assumption: employee only about $104,517 at 4% or $69,678 at 6%; with 50% employer match about $69,678 at 4% or $46,452 at 6%; with 100% employer match about $52,258 at 4% or $34,839 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 12 | $859,950 | $50,168 | $4,181iApproximate average salary by contribution assumption: employee only about $104,517 at 4% or $69,678 at 6%; with 50% employer match about $69,678 at 4% or $46,452 at 6%; with 100% employer match about $52,258 at 4% or $34,839 at 6%. |
| 2021 | 1 | 13 | $972,620 | $48,430 | $3,725iApproximate average salary by contribution assumption: employee only about $93,135 at 4% or $62,090 at 6%; with 50% employer match about $62,090 at 4% or $41,393 at 6%; with 100% employer match about $46,567 at 4% or $31,045 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 13 | $972,620 | $48,430 | $3,725iApproximate average salary by contribution assumption: employee only about $93,135 at 4% or $62,090 at 6%; with 50% employer match about $62,090 at 4% or $41,393 at 6%; with 100% employer match about $46,567 at 4% or $31,045 at 6%. |
| 2020 | 1 | 17 | $899,426 | $30,195 | $1,776iApproximate average salary by contribution assumption: employee only about $44,404 at 4% or $29,603 at 6%; with 50% employer match about $29,603 at 4% or $19,735 at 6%; with 100% employer match about $22,202 at 4% or $14,801 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 17 | $899,426 | $30,195 | $1,776iApproximate average salary by contribution assumption: employee only about $44,404 at 4% or $29,603 at 6%; with 50% employer match about $29,603 at 4% or $19,735 at 6%; with 100% employer match about $22,202 at 4% or $14,801 at 6%. |
| 2019 | 1 | 14 | $830,002 | $23,120 | $1,651iApproximate average salary by contribution assumption: employee only about $41,286 at 4% or $27,524 at 6%; with 50% employer match about $27,524 at 4% or $18,349 at 6%; with 100% employer match about $20,643 at 4% or $13,762 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 14 | $830,002 | $23,120 | $1,651iApproximate average salary by contribution assumption: employee only about $41,286 at 4% or $27,524 at 6%; with 50% employer match about $27,524 at 4% or $18,349 at 6%; with 100% employer match about $20,643 at 4% or $13,762 at 6%. |
| 2018 | 1 | 13 | $715,987 | $20,600 | $1,585iApproximate average salary by contribution assumption: employee only about $39,615 at 4% or $26,410 at 6%; with 50% employer match about $26,410 at 4% or $17,607 at 6%; with 100% employer match about $19,808 at 4% or $13,205 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 13 | $715,987 | $20,600 | $1,585iApproximate average salary by contribution assumption: employee only about $39,615 at 4% or $26,410 at 6%; with 50% employer match about $26,410 at 4% or $17,607 at 6%; with 100% employer match about $19,808 at 4% or $13,205 at 6%. |
| 2017 | 1 | 14 | $749,924 | $21,825 | $1,559iApproximate average salary by contribution assumption: employee only about $38,973 at 4% or $25,982 at 6%; with 50% employer match about $25,982 at 4% or $17,321 at 6%; with 100% employer match about $19,487 at 4% or $12,991 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 14 | $749,924 | $21,825 | $1,559iApproximate average salary by contribution assumption: employee only about $38,973 at 4% or $25,982 at 6%; with 50% employer match about $25,982 at 4% or $17,321 at 6%; with 100% employer match about $19,487 at 4% or $12,991 at 6%. |
| 2016 | 1 | 14 | $687,042 | $12,415 | $887iApproximate average salary by contribution assumption: employee only about $22,170 at 4% or $14,780 at 6%; with 50% employer match about $14,780 at 4% or $9,853 at 6%; with 100% employer match about $11,085 at 4% or $7,390 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 14 | $687,042 | $12,415 | $887iApproximate average salary by contribution assumption: employee only about $22,170 at 4% or $14,780 at 6%; with 50% employer match about $14,780 at 4% or $9,853 at 6%; with 100% employer match about $11,085 at 4% or $7,390 at 6%. |
| 2015 | 1 | 16 | $664,014 | $17,600 | $1,100iApproximate average salary by contribution assumption: employee only about $27,500 at 4% or $18,333 at 6%; with 50% employer match about $18,333 at 4% or $12,222 at 6%; with 100% employer match about $13,750 at 4% or $9,167 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 16 | $664,014 | $17,600 | $1,100iApproximate average salary by contribution assumption: employee only about $27,500 at 4% or $18,333 at 6%; with 50% employer match about $18,333 at 4% or $12,222 at 6%; with 100% employer match about $13,750 at 4% or $9,167 at 6%. |
| 2014 | 1 | 15 | $673,240 | $17,650 | $1,177iApproximate average salary by contribution assumption: employee only about $29,417 at 4% or $19,611 at 6%; with 50% employer match about $19,611 at 4% or $13,074 at 6%; with 100% employer match about $14,708 at 4% or $9,806 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 15 | $673,240 | $17,650 | $1,177iApproximate average salary by contribution assumption: employee only about $29,417 at 4% or $19,611 at 6%; with 50% employer match about $19,611 at 4% or $13,074 at 6%; with 100% employer match about $14,708 at 4% or $9,806 at 6%. |
| 2013 | 1 | 13 | $613,798 | $17,600 | $1,354iApproximate average salary by contribution assumption: employee only about $33,846 at 4% or $22,564 at 6%; with 50% employer match about $22,564 at 4% or $15,043 at 6%; with 100% employer match about $16,923 at 4% or $11,282 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 13 | $613,798 | $17,600 | $1,354iApproximate average salary by contribution assumption: employee only about $33,846 at 4% or $22,564 at 6%; with 50% employer match about $22,564 at 4% or $15,043 at 6%; with 100% employer match about $16,923 at 4% or $11,282 at 6%. |
| 2012 | 1 | 15 | $472,160 | $17,600 | $1,173iApproximate average salary by contribution assumption: employee only about $29,333 at 4% or $19,556 at 6%; with 50% employer match about $19,556 at 4% or $13,037 at 6%; with 100% employer match about $14,667 at 4% or $9,778 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 15 | $472,160 | $17,600 | $1,173iApproximate average salary by contribution assumption: employee only about $29,333 at 4% or $19,556 at 6%; with 50% employer match about $19,556 at 4% or $13,037 at 6%; with 100% employer match about $14,667 at 4% or $9,778 at 6%. |
| 2011 | 1 | 13 | $395,801 | $17,600 | $1,354iApproximate average salary by contribution assumption: employee only about $33,846 at 4% or $22,564 at 6%; with 50% employer match about $22,564 at 4% or $15,043 at 6%; with 100% employer match about $16,923 at 4% or $11,282 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 13 | $395,801 | $17,600 | $1,354iApproximate average salary by contribution assumption: employee only about $33,846 at 4% or $22,564 at 6%; with 50% employer match about $22,564 at 4% or $15,043 at 6%; with 100% employer match about $16,923 at 4% or $11,282 at 6%. |
| 2010 | 1 | 10 | $406,022 | $16,300 | $1,630iApproximate average salary by contribution assumption: employee only about $40,750 at 4% or $27,167 at 6%; with 50% employer match about $27,167 at 4% or $18,111 at 6%; with 100% employer match about $20,375 at 4% or $13,583 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 10 | $406,022 | $16,300 | $1,630iApproximate average salary by contribution assumption: employee only about $40,750 at 4% or $27,167 at 6%; with 50% employer match about $27,167 at 4% or $18,111 at 6%; with 100% employer match about $20,375 at 4% or $13,583 at 6%. |
| 2009 | 1 | 10 | $335,728 | $16,248 | $1,625iApproximate average salary by contribution assumption: employee only about $40,620 at 4% or $27,080 at 6%; with 50% employer match about $27,080 at 4% or $18,053 at 6%; with 100% employer match about $20,310 at 4% or $13,540 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 10 | $335,728 | $16,248 | $1,625iApproximate average salary by contribution assumption: employee only about $40,620 at 4% or $27,080 at 6%; with 50% employer match about $27,080 at 4% or $18,053 at 6%; with 100% employer match about $20,310 at 4% or $13,540 at 6%. |
| 2008 | 1 | 6 | $222,782 | $16,166 | $2,694iApproximate average salary by contribution assumption: employee only about $67,358 at 4% or $44,906 at 6%; with 50% employer match about $44,906 at 4% or $29,937 at 6%; with 100% employer match about $33,679 at 4% or $22,453 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 6 | $222,782 | $16,166 | $2,694iApproximate average salary by contribution assumption: employee only about $67,358 at 4% or $44,906 at 6%; with 50% employer match about $44,906 at 4% or $29,937 at 6%; with 100% employer match about $33,679 at 4% or $22,453 at 6%. |
| 2007 | 1 | 5 | $445,664 | $16,040 | $3,208iApproximate average salary by contribution assumption: employee only about $80,200 at 4% or $53,467 at 6%; with 50% employer match about $53,467 at 4% or $35,644 at 6%; with 100% employer match about $40,100 at 4% or $26,733 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 5 | $445,664 | $16,040 | $3,208iApproximate average salary by contribution assumption: employee only about $80,200 at 4% or $53,467 at 6%; with 50% employer match about $53,467 at 4% or $35,644 at 6%; with 100% employer match about $40,100 at 4% or $26,733 at 6%. |
| 2006 | 1 | 7 | $507,092 | $16,040 | $2,291iApproximate average salary by contribution assumption: employee only about $57,286 at 4% or $38,190 at 6%; with 50% employer match about $38,190 at 4% or $25,460 at 6%; with 100% employer match about $28,643 at 4% or $19,095 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 7 | $507,092 | $16,040 | $2,291iApproximate average salary by contribution assumption: employee only about $57,286 at 4% or $38,190 at 6%; with 50% employer match about $38,190 at 4% or $25,460 at 6%; with 100% employer match about $28,643 at 4% or $19,095 at 6%. |
| 2005 | 1 | 7 | $428,017 | $18,000 | $2,571iApproximate average salary by contribution assumption: employee only about $64,286 at 4% or $42,857 at 6%; with 50% employer match about $42,857 at 4% or $28,571 at 6%; with 100% employer match about $32,143 at 4% or $21,429 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 7 | $428,017 | $18,000 | $2,571iApproximate average salary by contribution assumption: employee only about $64,286 at 4% or $42,857 at 6%; with 50% employer match about $42,857 at 4% or $28,571 at 6%; with 100% employer match about $32,143 at 4% or $21,429 at 6%. |
| 2004 | 1 | 8 | $418,367 | $13,000 | $1,625iApproximate average salary by contribution assumption: employee only about $40,625 at 4% or $27,083 at 6%; with 50% employer match about $27,083 at 4% or $18,056 at 6%; with 100% employer match about $20,313 at 4% or $13,542 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 8 | $418,367 | $13,000 | $1,625iApproximate average salary by contribution assumption: employee only about $40,625 at 4% or $27,083 at 6%; with 50% employer match about $27,083 at 4% or $18,056 at 6%; with 100% employer match about $20,313 at 4% or $13,542 at 6%. |
| 2003 | 1 | 10 | $443,676 | $11,000 | $1,100iApproximate average salary by contribution assumption: employee only about $27,500 at 4% or $18,333 at 6%; with 50% employer match about $18,333 at 4% or $12,222 at 6%; with 100% employer match about $13,750 at 4% or $9,167 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 10 | $443,676 | $11,000 | $1,100iApproximate average salary by contribution assumption: employee only about $27,500 at 4% or $18,333 at 6%; with 50% employer match about $18,333 at 4% or $12,222 at 6%; with 100% employer match about $13,750 at 4% or $9,167 at 6%. |
| 2002 | 1 | 8 | $325,900 | $26,000 | $3,250iApproximate average salary by contribution assumption: employee only about $81,250 at 4% or $54,167 at 6%; with 50% employer match about $54,167 at 4% or $36,111 at 6%; with 100% employer match about $40,625 at 4% or $27,083 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 8 | $325,900 | $26,000 | $3,250iApproximate average salary by contribution assumption: employee only about $81,250 at 4% or $54,167 at 6%; with 50% employer match about $54,167 at 4% or $36,111 at 6%; with 100% employer match about $40,625 at 4% or $27,083 at 6%. |
| 2001 | 1 | 10 | $506,477 | $27,200 | $2,720iApproximate average salary by contribution assumption: employee only about $68,000 at 4% or $45,333 at 6%; with 50% employer match about $45,333 at 4% or $30,222 at 6%; with 100% employer match about $34,000 at 4% or $22,667 at 6%. |
| Wallace Law Firm Profit Sharing Plan | - | 10 | $506,477 | $27,200 | $2,720iApproximate average salary by contribution assumption: employee only about $68,000 at 4% or $45,333 at 6%; with 50% employer match about $45,333 at 4% or $30,222 at 6%; with 100% employer match about $34,000 at 4% or $22,667 at 6%. |
| 2000 | 1 | 9 | $0 | $0 | - |
| Wallace Law Firm Profit Sharing Plan | - | 9 | - | - | - |