Sommer Products Company
Plan context: Sommer Products Company 401K Profit Sharing Plan
EIN 37-0460383 • Peoria, IL • 26 filings • 3 plans
Current Snapshot
Latest Year
2024
2024 Participants
33
2024 Assets
$3,135,850
2024 Contributions
$334,388
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 | 1 | 33 | $3,135,850 | $334,388 | $10,133iApproximate average salary by contribution assumption: employee only about $253,324 at 4% or $168,883 at 6%; with 50% employer match about $168,883 at 4% or $112,589 at 6%; with 100% employer match about $126,662 at 4% or $84,441 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 33 | $3,135,850 | $334,388 | $10,133iApproximate average salary by contribution assumption: employee only about $253,324 at 4% or $168,883 at 6%; with 50% employer match about $168,883 at 4% or $112,589 at 6%; with 100% employer match about $126,662 at 4% or $84,441 at 6%. |
| 2023 | 1 | 31 | $3,753,854 | $218,171 | $7,038iApproximate average salary by contribution assumption: employee only about $175,944 at 4% or $117,296 at 6%; with 50% employer match about $117,296 at 4% or $78,197 at 6%; with 100% employer match about $87,972 at 4% or $58,648 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 31 | $3,753,854 | $218,171 | $7,038iApproximate average salary by contribution assumption: employee only about $175,944 at 4% or $117,296 at 6%; with 50% employer match about $117,296 at 4% or $78,197 at 6%; with 100% employer match about $87,972 at 4% or $58,648 at 6%. |
| 2022 | 1 | 29 | $3,410,155 | $255,435 | $8,808iApproximate average salary by contribution assumption: employee only about $220,203 at 4% or $146,802 at 6%; with 50% employer match about $146,802 at 4% or $97,868 at 6%; with 100% employer match about $110,101 at 4% or $73,401 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 29 | $3,410,155 | $255,435 | $8,808iApproximate average salary by contribution assumption: employee only about $220,203 at 4% or $146,802 at 6%; with 50% employer match about $146,802 at 4% or $97,868 at 6%; with 100% employer match about $110,101 at 4% or $73,401 at 6%. |
| 2021 | 1 | 30 | $3,798,183 | $142,997 | $4,767iApproximate average salary by contribution assumption: employee only about $119,164 at 4% or $79,443 at 6%; with 50% employer match about $79,443 at 4% or $52,962 at 6%; with 100% employer match about $59,582 at 4% or $39,721 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 30 | $3,798,183 | $142,997 | $4,767iApproximate average salary by contribution assumption: employee only about $119,164 at 4% or $79,443 at 6%; with 50% employer match about $79,443 at 4% or $52,962 at 6%; with 100% employer match about $59,582 at 4% or $39,721 at 6%. |
| 2020 | 1 | 30 | $3,411,824 | $103,180 | $3,439iApproximate average salary by contribution assumption: employee only about $85,983 at 4% or $57,322 at 6%; with 50% employer match about $57,322 at 4% or $38,215 at 6%; with 100% employer match about $42,992 at 4% or $28,661 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 30 | $3,411,824 | $103,180 | $3,439iApproximate average salary by contribution assumption: employee only about $85,983 at 4% or $57,322 at 6%; with 50% employer match about $57,322 at 4% or $38,215 at 6%; with 100% employer match about $42,992 at 4% or $28,661 at 6%. |
| 2019 | 1 | 30 | $3,107,040 | $208,135 | $6,938iApproximate average salary by contribution assumption: employee only about $173,446 at 4% or $115,631 at 6%; with 50% employer match about $115,631 at 4% or $77,087 at 6%; with 100% employer match about $86,723 at 4% or $57,815 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 30 | $3,107,040 | $208,135 | $6,938iApproximate average salary by contribution assumption: employee only about $173,446 at 4% or $115,631 at 6%; with 50% employer match about $115,631 at 4% or $77,087 at 6%; with 100% employer match about $86,723 at 4% or $57,815 at 6%. |
| 2018 | 1 | 30 | $2,525,824 | $100,020 | $3,334iApproximate average salary by contribution assumption: employee only about $83,350 at 4% or $55,567 at 6%; with 50% employer match about $55,567 at 4% or $37,044 at 6%; with 100% employer match about $41,675 at 4% or $27,783 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 30 | $2,525,824 | $100,020 | $3,334iApproximate average salary by contribution assumption: employee only about $83,350 at 4% or $55,567 at 6%; with 50% employer match about $55,567 at 4% or $37,044 at 6%; with 100% employer match about $41,675 at 4% or $27,783 at 6%. |
| 2017 | 1 | 30 | $2,574,877 | $146,597 | $4,887iApproximate average salary by contribution assumption: employee only about $122,164 at 4% or $81,443 at 6%; with 50% employer match about $81,443 at 4% or $54,295 at 6%; with 100% employer match about $61,082 at 4% or $40,721 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 30 | $2,574,877 | $146,597 | $4,887iApproximate average salary by contribution assumption: employee only about $122,164 at 4% or $81,443 at 6%; with 50% employer match about $81,443 at 4% or $54,295 at 6%; with 100% employer match about $61,082 at 4% or $40,721 at 6%. |
| 2016 | 1 | 30 | $2,324,060 | $218,147 | $7,272iApproximate average salary by contribution assumption: employee only about $181,789 at 4% or $121,193 at 6%; with 50% employer match about $121,193 at 4% or $80,795 at 6%; with 100% employer match about $90,895 at 4% or $60,596 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 30 | $2,324,060 | $218,147 | $7,272iApproximate average salary by contribution assumption: employee only about $181,789 at 4% or $121,193 at 6%; with 50% employer match about $121,193 at 4% or $80,795 at 6%; with 100% employer match about $90,895 at 4% or $60,596 at 6%. |
| 2015 | 1 | 33 | $2,001,541 | $166,801 | $5,055iApproximate average salary by contribution assumption: employee only about $126,364 at 4% or $84,243 at 6%; with 50% employer match about $84,243 at 4% or $56,162 at 6%; with 100% employer match about $63,182 at 4% or $42,121 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 33 | $2,001,541 | $166,801 | $5,055iApproximate average salary by contribution assumption: employee only about $126,364 at 4% or $84,243 at 6%; with 50% employer match about $84,243 at 4% or $56,162 at 6%; with 100% employer match about $63,182 at 4% or $42,121 at 6%. |
| 2014 | 1 | 36 | $2,554,818 | $159,981 | $4,444iApproximate average salary by contribution assumption: employee only about $111,098 at 4% or $74,065 at 6%; with 50% employer match about $74,065 at 4% or $49,377 at 6%; with 100% employer match about $55,549 at 4% or $37,033 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 36 | $2,554,818 | $159,981 | $4,444iApproximate average salary by contribution assumption: employee only about $111,098 at 4% or $74,065 at 6%; with 50% employer match about $74,065 at 4% or $49,377 at 6%; with 100% employer match about $55,549 at 4% or $37,033 at 6%. |
| 2013 | 1 | 36 | $2,381,870 | $118,882 | $3,302iApproximate average salary by contribution assumption: employee only about $82,557 at 4% or $55,038 at 6%; with 50% employer match about $55,038 at 4% or $36,692 at 6%; with 100% employer match about $41,278 at 4% or $27,519 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 36 | $2,381,870 | $118,882 | $3,302iApproximate average salary by contribution assumption: employee only about $82,557 at 4% or $55,038 at 6%; with 50% employer match about $55,038 at 4% or $36,692 at 6%; with 100% employer match about $41,278 at 4% or $27,519 at 6%. |
| 2012 | 1 | 35 | $2,153,873 | $183,815 | $5,252iApproximate average salary by contribution assumption: employee only about $131,296 at 4% or $87,531 at 6%; with 50% employer match about $87,531 at 4% or $58,354 at 6%; with 100% employer match about $65,648 at 4% or $43,765 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 35 | $2,153,873 | $183,815 | $5,252iApproximate average salary by contribution assumption: employee only about $131,296 at 4% or $87,531 at 6%; with 50% employer match about $87,531 at 4% or $58,354 at 6%; with 100% employer match about $65,648 at 4% or $43,765 at 6%. |
| 2011 | 1 | 27 | $1,918,095 | $93,720 | $3,471iApproximate average salary by contribution assumption: employee only about $86,778 at 4% or $57,852 at 6%; with 50% employer match about $57,852 at 4% or $38,568 at 6%; with 100% employer match about $43,389 at 4% or $28,926 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 27 | $1,918,095 | $93,720 | $3,471iApproximate average salary by contribution assumption: employee only about $86,778 at 4% or $57,852 at 6%; with 50% employer match about $57,852 at 4% or $38,568 at 6%; with 100% employer match about $43,389 at 4% or $28,926 at 6%. |
| 2010 | 1 | 1 | $1,912,512 | $83,969 | $83,969iApproximate average salary by contribution assumption: employee only about $2,099,225 at 4% or $1,399,483 at 6%; with 50% employer match about $1,399,483 at 4% or $932,989 at 6%; with 100% employer match about $1,049,613 at 4% or $699,742 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 1 | $1,912,512 | $83,969 | $83,969iApproximate average salary by contribution assumption: employee only about $2,099,225 at 4% or $1,399,483 at 6%; with 50% employer match about $1,399,483 at 4% or $932,989 at 6%; with 100% employer match about $1,049,613 at 4% or $699,742 at 6%. |
| 2009 | 1 | 20 | $1,277,489 | $81,603 | $4,080iApproximate average salary by contribution assumption: employee only about $102,004 at 4% or $68,003 at 6%; with 50% employer match about $68,003 at 4% or $45,335 at 6%; with 100% employer match about $51,002 at 4% or $34,001 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 20 | $1,277,489 | $81,603 | $4,080iApproximate average salary by contribution assumption: employee only about $102,004 at 4% or $68,003 at 6%; with 50% employer match about $68,003 at 4% or $45,335 at 6%; with 100% employer match about $51,002 at 4% or $34,001 at 6%. |
| 2008 | 1 | 19 | $1,070,919 | $63,744 | $3,355iApproximate average salary by contribution assumption: employee only about $83,874 at 4% or $55,916 at 6%; with 50% employer match about $55,916 at 4% or $37,277 at 6%; with 100% employer match about $41,937 at 4% or $27,958 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 19 | $1,070,919 | $63,744 | $3,355iApproximate average salary by contribution assumption: employee only about $83,874 at 4% or $55,916 at 6%; with 50% employer match about $55,916 at 4% or $37,277 at 6%; with 100% employer match about $41,937 at 4% or $27,958 at 6%. |
| 2007 | 1 | 18 | $1,487,335 | $136,499 | $7,583iApproximate average salary by contribution assumption: employee only about $189,582 at 4% or $126,388 at 6%; with 50% employer match about $126,388 at 4% or $84,259 at 6%; with 100% employer match about $94,791 at 4% or $63,194 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 18 | $1,487,335 | $136,499 | $7,583iApproximate average salary by contribution assumption: employee only about $189,582 at 4% or $126,388 at 6%; with 50% employer match about $126,388 at 4% or $84,259 at 6%; with 100% employer match about $94,791 at 4% or $63,194 at 6%. |
| 2006 | 1 | 20 | $1,419,378 | $125,395 | $6,270iApproximate average salary by contribution assumption: employee only about $156,744 at 4% or $104,496 at 6%; with 50% employer match about $104,496 at 4% or $69,664 at 6%; with 100% employer match about $78,372 at 4% or $52,248 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 20 | $1,419,378 | $125,395 | $6,270iApproximate average salary by contribution assumption: employee only about $156,744 at 4% or $104,496 at 6%; with 50% employer match about $104,496 at 4% or $69,664 at 6%; with 100% employer match about $78,372 at 4% or $52,248 at 6%. |
| 2005 | 1 | 18 | $1,263,704 | $68,143 | $3,786iApproximate average salary by contribution assumption: employee only about $94,643 at 4% or $63,095 at 6%; with 50% employer match about $63,095 at 4% or $42,064 at 6%; with 100% employer match about $47,322 at 4% or $31,548 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 18 | $1,263,704 | $68,143 | $3,786iApproximate average salary by contribution assumption: employee only about $94,643 at 4% or $63,095 at 6%; with 50% employer match about $63,095 at 4% or $42,064 at 6%; with 100% employer match about $47,322 at 4% or $31,548 at 6%. |
| 2004 | 1 | 17 | $1,238,715 | $43,175 | $2,540iApproximate average salary by contribution assumption: employee only about $63,493 at 4% or $42,328 at 6%; with 50% employer match about $42,328 at 4% or $28,219 at 6%; with 100% employer match about $31,746 at 4% or $21,164 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 17 | $1,238,715 | $43,175 | $2,540iApproximate average salary by contribution assumption: employee only about $63,493 at 4% or $42,328 at 6%; with 50% employer match about $42,328 at 4% or $28,219 at 6%; with 100% employer match about $31,746 at 4% or $21,164 at 6%. |
| 2003 | 1 | 18 | $1,226,819 | $39,480 | $2,193iApproximate average salary by contribution assumption: employee only about $54,833 at 4% or $36,556 at 6%; with 50% employer match about $36,556 at 4% or $24,370 at 6%; with 100% employer match about $27,417 at 4% or $18,278 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 18 | $1,226,819 | $39,480 | $2,193iApproximate average salary by contribution assumption: employee only about $54,833 at 4% or $36,556 at 6%; with 50% employer match about $36,556 at 4% or $24,370 at 6%; with 100% employer match about $27,417 at 4% or $18,278 at 6%. |
| 2002 | 1 | 22 | $1,307,410 | $50,083 | $2,277iApproximate average salary by contribution assumption: employee only about $56,913 at 4% or $37,942 at 6%; with 50% employer match about $37,942 at 4% or $25,294 at 6%; with 100% employer match about $28,456 at 4% or $18,971 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 22 | $1,307,410 | $50,083 | $2,277iApproximate average salary by contribution assumption: employee only about $56,913 at 4% or $37,942 at 6%; with 50% employer match about $37,942 at 4% or $25,294 at 6%; with 100% employer match about $28,456 at 4% or $18,971 at 6%. |
| 2001 | 1 | 21 | $0 | $0 | - |
| Sommer Products Company 401K Profit Sharing Plan | - | 21 | - | - | - |
| 2000 | 1 | 25 | $1,513,809 | $67,091 | $2,684iApproximate average salary by contribution assumption: employee only about $67,091 at 4% or $44,727 at 6%; with 50% employer match about $44,727 at 4% or $29,818 at 6%; with 100% employer match about $33,546 at 4% or $22,364 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 25 | $1,513,809 | $67,091 | $2,684iApproximate average salary by contribution assumption: employee only about $67,091 at 4% or $44,727 at 6%; with 50% employer match about $44,727 at 4% or $29,818 at 6%; with 100% employer match about $33,546 at 4% or $22,364 at 6%. |
| 1999 | 1 | 26 | $1,736,571 | $124,972 | $4,807iApproximate average salary by contribution assumption: employee only about $120,165 at 4% or $80,110 at 6%; with 50% employer match about $80,110 at 4% or $53,407 at 6%; with 100% employer match about $60,083 at 4% or $40,055 at 6%. |
| Sommer Products Company 401K Profit Sharing Plan | - | 26 | $1,736,571 | $124,972 | $4,807iApproximate average salary by contribution assumption: employee only about $120,165 at 4% or $80,110 at 6%; with 50% employer match about $80,110 at 4% or $53,407 at 6%; with 100% employer match about $60,083 at 4% or $40,055 at 6%. |