Patel Industries
Plan context: Patel Industries Money Purchase Pension Plan
EIN 38-2167921 • Wayne, MI • 22 filings • 6 plans
Current Snapshot
Latest Year
2009
2009 Participants
1
2009 Assets
$1,275,997
2009 Contributions
$20,381
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 |
|---|---|---|---|---|---|
| 2009 | 2 | 0 | $0 | $0 | - |
| Patel Industries Money Purchase Pension Plan | - | 0 | - | - | - |
| Patel Industries Inc. Profit Sharing Retirement Plan | - | 0 | - | - | - |
| 2008 | 2 | 0 | $1,275,997 | $0 | - |
| Patel Industries Money Purchase Pension Plan | - | 0 | $1,193,270 | - | - |
| Patel Industries Inc. Profit Sharing Retirement Plan | - | 0 | $82,727 | - | - |
| 2007 | 2 | 1 | $0 | $0 | - |
| Patel Industries Inc. Profit Sharing Retirement Plan | - | 1 | - | - | - |
| Patel Industries Money Purchase Pension Plan | - | 1 | - | - | - |
| 2006 | 2 | 13 | $1,285,193 | $20,381 | $1,568iApproximate average salary by contribution assumption: employee only about $39,194 at 4% or $26,129 at 6%; with 50% employer match about $26,129 at 4% or $17,420 at 6%; with 100% employer match about $19,597 at 4% or $13,065 at 6%. |
| Patel Industries Money Purchase Pension Plan | - | 13 | $1,203,460 | $20,381 | $1,568iApproximate average salary by contribution assumption: employee only about $39,194 at 4% or $26,129 at 6%; with 50% employer match about $26,129 at 4% or $17,420 at 6%; with 100% employer match about $19,597 at 4% or $13,065 at 6%. |
| Patel Industries Inc. Profit Sharing Retirement Plan | - | 1 | $81,733 | - | - |
| 2005 | 2 | 13 | $1,225,307 | $58,646 | $4,511iApproximate average salary by contribution assumption: employee only about $112,781 at 4% or $75,187 at 6%; with 50% employer match about $75,187 at 4% or $50,125 at 6%; with 100% employer match about $56,390 at 4% or $37,594 at 6%. |
| Patel Industries Money Purchase Pension Plan | - | 13 | $1,145,530 | $58,646 | $4,511iApproximate average salary by contribution assumption: employee only about $112,781 at 4% or $75,187 at 6%; with 50% employer match about $75,187 at 4% or $50,125 at 6%; with 100% employer match about $56,390 at 4% or $37,594 at 6%. |
| Patel Industries Inc. Profit Sharing Retirement Plan | - | 6 | $79,777 | - | - |
| 2004 | 2 | 8 | $1,086,584 | $49,312 | $6,164iApproximate average salary by contribution assumption: employee only about $154,100 at 4% or $102,733 at 6%; with 50% employer match about $102,733 at 4% or $68,489 at 6%; with 100% employer match about $77,050 at 4% or $51,367 at 6%. |
| Patel Industries Money Purchase Pension Plan | - | 8 | $1,009,632 | $49,312 | $6,164iApproximate average salary by contribution assumption: employee only about $154,100 at 4% or $102,733 at 6%; with 50% employer match about $102,733 at 4% or $68,489 at 6%; with 100% employer match about $77,050 at 4% or $51,367 at 6%. |
| Patel Industries Inc. Profit Sharing Retirement Plan | - | 6 | $76,952 | - | - |
| 2003 | 2 | 8 | $1,034,326 | $42,058 | $5,257iApproximate average salary by contribution assumption: employee only about $131,431 at 4% or $87,621 at 6%; with 50% employer match about $87,621 at 4% or $58,414 at 6%; with 100% employer match about $65,716 at 4% or $43,810 at 6%. |
| Patel Industries Money Purchase Pension Plan | - | 8 | $938,105 | $42,058 | $5,257iApproximate average salary by contribution assumption: employee only about $131,431 at 4% or $87,621 at 6%; with 50% employer match about $87,621 at 4% or $58,414 at 6%; with 100% employer match about $65,716 at 4% or $43,810 at 6%. |
| Patel Industries Inc. Profit Sharing Retirement Plan | - | 7 | $96,221 | - | - |
| 2002 | 2 | 10 | $898,285 | $35,717 | $3,572iApproximate average salary by contribution assumption: employee only about $89,293 at 4% or $59,528 at 6%; with 50% employer match about $59,528 at 4% or $39,686 at 6%; with 100% employer match about $44,646 at 4% or $29,764 at 6%. |
| Patel Industries Money Purchase Pension Plan | - | 10 | $821,565 | $35,717 | $3,572iApproximate average salary by contribution assumption: employee only about $89,293 at 4% or $59,528 at 6%; with 50% employer match about $59,528 at 4% or $39,686 at 6%; with 100% employer match about $44,646 at 4% or $29,764 at 6%. |
| Patel Industries Inc. Profit Sharing Retirement Plan | - | 7 | $76,720 | - | - |
| 2001 | 2 | 10 | $0 | $0 | - |
| Patel Industries Inc. Profit Sharing Retirement Plan | - | 7 | - | - | - |
| Patel Industries Money Purchase Pension Plan | - | 10 | - | - | - |
| 2000 | 2 | 9 | $761,096 | $51,566 | $5,730iApproximate average salary by contribution assumption: employee only about $143,239 at 4% or $95,493 at 6%; with 50% employer match about $95,493 at 4% or $63,662 at 6%; with 100% employer match about $71,619 at 4% or $47,746 at 6%. |
| Patel Industries Money Purchase Pension Plan | - | 9 | $761,096 | $51,566 | $5,730iApproximate average salary by contribution assumption: employee only about $143,239 at 4% or $95,493 at 6%; with 50% employer match about $95,493 at 4% or $63,662 at 6%; with 100% employer match about $71,619 at 4% or $47,746 at 6%. |
| Patel Industries Inc. Profit Sharing Retirement Plan | - | 7 | - | - | - |
| 1999 | 2 | 0 | $885,234 | $43,204 | - |
| Patel Industries Money Purchase Pension Plan | - | 0 | $674,143 | $43,204 | - |
| Patel Industries Inc. Profit Sharing Retirement Plan | - | 0 | $211,091 | - | - |