Civic Intelligence

Palmer Motor Sales Inc.

Plan context: Palmer Motor Sales Inc. 401K Plan

EIN 38-1280342 • Chelsea, MI • 11 filings • 3 plans

222 S. Main St.Chelsea, MI 48118
Current Snapshot

Latest Year

2010

2010 Participants

3

2010 Assets

$511,729

2010 Contributions

$56,728

Historical Graphs

Total Assets Over Time

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

$2,639,581$1,319,791$0199920052009YearValue
$511,729Latest year 2009

Participants Over Time

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

80400199920052009YearValue
3Latest year 2009

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
201010$0$0-
Palmer Motor Sales Inc. 401K Plan-0---
200913$511,729$56,728$18,909iApproximate average salary by contribution assumption: employee only about $472,733 at 4% or $315,156 at 6%; with 50% employer match about $315,156 at 4% or $210,104 at 6%; with 100% employer match about $236,367 at 4% or $157,578 at 6%.
Palmer Motor Sales Inc. 401K Plan-3$511,729$56,728$18,909iApproximate average salary by contribution assumption: employee only about $472,733 at 4% or $315,156 at 6%; with 50% employer match about $315,156 at 4% or $210,104 at 6%; with 100% employer match about $236,367 at 4% or $157,578 at 6%.
2008121$1,670,108$88,072$4,194iApproximate average salary by contribution assumption: employee only about $104,848 at 4% or $69,898 at 6%; with 50% employer match about $69,898 at 4% or $46,599 at 6%; with 100% employer match about $52,424 at 4% or $34,949 at 6%.
Palmer Motor Sales Inc. 401K Plan-21$1,670,108$88,072$4,194iApproximate average salary by contribution assumption: employee only about $104,848 at 4% or $69,898 at 6%; with 50% employer match about $69,898 at 4% or $46,599 at 6%; with 100% employer match about $52,424 at 4% or $34,949 at 6%.
2007120$0$0-
Palmer Motor Sales Inc. 401K Plan-20---
2006127$2,639,581$153,706$5,693iApproximate average salary by contribution assumption: employee only about $142,320 at 4% or $94,880 at 6%; with 50% employer match about $94,880 at 4% or $63,253 at 6%; with 100% employer match about $71,160 at 4% or $47,440 at 6%.
Palmer Motor Sales Inc. 401K Plan-27$2,639,581$153,706$5,693iApproximate average salary by contribution assumption: employee only about $142,320 at 4% or $94,880 at 6%; with 50% employer match about $94,880 at 4% or $63,253 at 6%; with 100% employer match about $71,160 at 4% or $47,440 at 6%.
2005135$2,614,713$219,455$6,270iApproximate average salary by contribution assumption: employee only about $156,754 at 4% or $104,502 at 6%; with 50% employer match about $104,502 at 4% or $69,668 at 6%; with 100% employer match about $78,377 at 4% or $52,251 at 6%.
Palmer Motor Sales Inc. 401K Plan-35$2,614,713$219,455$6,270iApproximate average salary by contribution assumption: employee only about $156,754 at 4% or $104,502 at 6%; with 50% employer match about $104,502 at 4% or $69,668 at 6%; with 100% employer match about $78,377 at 4% or $52,251 at 6%.
2004159$2,540,232$219,586$3,722iApproximate average salary by contribution assumption: employee only about $93,045 at 4% or $62,030 at 6%; with 50% employer match about $62,030 at 4% or $41,353 at 6%; with 100% employer match about $46,522 at 4% or $31,015 at 6%.
Palmer Motor Sales Inc. 401K Plan-59$2,540,232$219,586$3,722iApproximate average salary by contribution assumption: employee only about $93,045 at 4% or $62,030 at 6%; with 50% employer match about $62,030 at 4% or $41,353 at 6%; with 100% employer match about $46,522 at 4% or $31,015 at 6%.
2003156$2,030,970$227,550$4,063iApproximate average salary by contribution assumption: employee only about $101,585 at 4% or $67,723 at 6%; with 50% employer match about $67,723 at 4% or $45,149 at 6%; with 100% employer match about $50,792 at 4% or $33,862 at 6%.
Palmer Motor Sales Inc. 401K Plan-56$2,030,970$227,550$4,063iApproximate average salary by contribution assumption: employee only about $101,585 at 4% or $67,723 at 6%; with 50% employer match about $67,723 at 4% or $45,149 at 6%; with 100% employer match about $50,792 at 4% or $33,862 at 6%.
2002180$1,581,804$244,573$3,057iApproximate average salary by contribution assumption: employee only about $76,429 at 4% or $50,953 at 6%; with 50% employer match about $50,953 at 4% or $33,968 at 6%; with 100% employer match about $38,215 at 4% or $25,476 at 6%.
Palmer Motor Sales Inc. 401K Plan-80$1,581,804$244,573$3,057iApproximate average salary by contribution assumption: employee only about $76,429 at 4% or $50,953 at 6%; with 50% employer match about $50,953 at 4% or $33,968 at 6%; with 100% employer match about $38,215 at 4% or $25,476 at 6%.
2001160$0$0-
Palmer Motor Sales Inc. 401K Plan-60---
1999150$2,283,209$233,187$4,664iApproximate average salary by contribution assumption: employee only about $116,593 at 4% or $77,729 at 6%; with 50% employer match about $77,729 at 4% or $51,819 at 6%; with 100% employer match about $58,297 at 4% or $38,865 at 6%.
Palmer Motor Sales Inc. 401K Plan-50$2,283,209$233,187$4,664iApproximate average salary by contribution assumption: employee only about $116,593 at 4% or $77,729 at 6%; with 50% employer match about $77,729 at 4% or $51,819 at 6%; with 100% employer match about $58,297 at 4% or $38,865 at 6%.