Civic Intelligence

Thomas W Herfort PC

Plan context: Thomas W Herfort PC Employees Profit Sharing Plan and Trust

EIN 38-2424920 • Ironwood, MI • 21 filings • 5 plans

204 Harrison StIronwood, MI 49938
Current Snapshot

Latest Year

2019

2019 Participants

7

2019 Assets

$5,850,504

2019 Contributions

$25,000

Historical Graphs

Total Assets Over Time

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

$6,320,684$3,160,342$0199920102018YearValue
$5,850,504Latest year 2018

Participants Over Time

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

950199920092018YearValue
7Latest year 2018

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
201910$0$25,000-
Thomas W Herfort PC Employees Profit Sharing Plan and Trust-0$0$25,000-
201817$5,850,504$64,254$9,179iApproximate average salary by contribution assumption: employee only about $229,479 at 4% or $152,986 at 6%; with 50% employer match about $152,986 at 4% or $101,990 at 6%; with 100% employer match about $114,739 at 4% or $76,493 at 6%.
Thomas W Herfort PC Employees Profit Sharing Plan and Trust-7$5,850,504$64,254$9,179iApproximate average salary by contribution assumption: employee only about $229,479 at 4% or $152,986 at 6%; with 50% employer match about $152,986 at 4% or $101,990 at 6%; with 100% employer match about $114,739 at 4% or $76,493 at 6%.
201717$6,320,684$63,917$9,131iApproximate average salary by contribution assumption: employee only about $228,275 at 4% or $152,183 at 6%; with 50% employer match about $152,183 at 4% or $101,456 at 6%; with 100% employer match about $114,138 at 4% or $76,092 at 6%.
Thomas W Herfort PC Employees Profit Sharing Plan and Trust-7$6,320,684$63,917$9,131iApproximate average salary by contribution assumption: employee only about $228,275 at 4% or $152,183 at 6%; with 50% employer match about $152,183 at 4% or $101,456 at 6%; with 100% employer match about $114,138 at 4% or $76,092 at 6%.
201618$5,602,884$62,582$7,823iApproximate average salary by contribution assumption: employee only about $195,569 at 4% or $130,379 at 6%; with 50% employer match about $130,379 at 4% or $86,919 at 6%; with 100% employer match about $97,784 at 4% or $65,190 at 6%.
Thomas W Herfort PC Employees Profit Sharing Plan and Trust-8$5,602,884$62,582$7,823iApproximate average salary by contribution assumption: employee only about $195,569 at 4% or $130,379 at 6%; with 50% employer match about $130,379 at 4% or $86,919 at 6%; with 100% employer match about $97,784 at 4% or $65,190 at 6%.
201517$4,068,387$61,778$8,825iApproximate average salary by contribution assumption: employee only about $220,636 at 4% or $147,090 at 6%; with 50% employer match about $147,090 at 4% or $98,060 at 6%; with 100% employer match about $110,318 at 4% or $73,545 at 6%.
Thomas W Herfort PC Employees Profit Sharing Plan and Trust-7$4,068,387$61,778$8,825iApproximate average salary by contribution assumption: employee only about $220,636 at 4% or $147,090 at 6%; with 50% employer match about $147,090 at 4% or $98,060 at 6%; with 100% employer match about $110,318 at 4% or $73,545 at 6%.
201418$4,791,701$130,006$16,251iApproximate average salary by contribution assumption: employee only about $406,269 at 4% or $270,846 at 6%; with 50% employer match about $270,846 at 4% or $180,564 at 6%; with 100% employer match about $203,134 at 4% or $135,423 at 6%.
Thomas W Herfort PC Employees Profit Sharing Plan and Trust-8$4,791,701$130,006$16,251iApproximate average salary by contribution assumption: employee only about $406,269 at 4% or $270,846 at 6%; with 50% employer match about $270,846 at 4% or $180,564 at 6%; with 100% employer match about $203,134 at 4% or $135,423 at 6%.
201319$5,209,660$118,034$13,115iApproximate average salary by contribution assumption: employee only about $327,872 at 4% or $218,581 at 6%; with 50% employer match about $218,581 at 4% or $145,721 at 6%; with 100% employer match about $163,936 at 4% or $109,291 at 6%.
Thomas W Herfort PC Employees Profit Sharing Plan and Trust-9$5,209,660$118,034$13,115iApproximate average salary by contribution assumption: employee only about $327,872 at 4% or $218,581 at 6%; with 50% employer match about $218,581 at 4% or $145,721 at 6%; with 100% employer match about $163,936 at 4% or $109,291 at 6%.
201217$4,254,119$118,076$16,868iApproximate average salary by contribution assumption: employee only about $421,700 at 4% or $281,133 at 6%; with 50% employer match about $281,133 at 4% or $187,422 at 6%; with 100% employer match about $210,850 at 4% or $140,567 at 6%.
Thomas W Herfort PC Employees Profit Sharing Plan and Trust-7$4,254,119$118,076$16,868iApproximate average salary by contribution assumption: employee only about $421,700 at 4% or $281,133 at 6%; with 50% employer match about $281,133 at 4% or $187,422 at 6%; with 100% employer match about $210,850 at 4% or $140,567 at 6%.
201118$3,446,626$58,317$7,290iApproximate average salary by contribution assumption: employee only about $182,241 at 4% or $121,494 at 6%; with 50% employer match about $121,494 at 4% or $80,996 at 6%; with 100% employer match about $91,120 at 4% or $60,747 at 6%.
Thomas W Herfort PC Employees Profit Sharing Plan and Trust-8$3,446,626$58,317$7,290iApproximate average salary by contribution assumption: employee only about $182,241 at 4% or $121,494 at 6%; with 50% employer match about $121,494 at 4% or $80,996 at 6%; with 100% employer match about $91,120 at 4% or $60,747 at 6%.
201018$3,809,716$58,413$7,302iApproximate average salary by contribution assumption: employee only about $182,541 at 4% or $121,694 at 6%; with 50% employer match about $121,694 at 4% or $81,129 at 6%; with 100% employer match about $91,270 at 4% or $60,847 at 6%.
Thomas W Herfort PC Employees Profit Sharing Plan and Trust-8$3,809,716$58,413$7,302iApproximate average salary by contribution assumption: employee only about $182,541 at 4% or $121,694 at 6%; with 50% employer match about $121,694 at 4% or $81,129 at 6%; with 100% employer match about $91,270 at 4% or $60,847 at 6%.
200918$3,067,676$58,360$7,295iApproximate average salary by contribution assumption: employee only about $182,375 at 4% or $121,583 at 6%; with 50% employer match about $121,583 at 4% or $81,056 at 6%; with 100% employer match about $91,188 at 4% or $60,792 at 6%.
Thomas W Herfort PC Employees Profit Sharing Plan and Trust-8$3,067,676$58,360$7,295iApproximate average salary by contribution assumption: employee only about $182,375 at 4% or $121,583 at 6%; with 50% employer match about $121,583 at 4% or $81,056 at 6%; with 100% employer match about $91,188 at 4% or $60,792 at 6%.
200818$2,302,481$54,851$6,856iApproximate average salary by contribution assumption: employee only about $171,409 at 4% or $114,273 at 6%; with 50% employer match about $114,273 at 4% or $76,182 at 6%; with 100% employer match about $85,705 at 4% or $57,136 at 6%.
Thomas W Herfort PC Employees Profit Sharing Plan and Trust-8$2,302,481$54,851$6,856iApproximate average salary by contribution assumption: employee only about $171,409 at 4% or $114,273 at 6%; with 50% employer match about $114,273 at 4% or $76,182 at 6%; with 100% employer match about $85,705 at 4% or $57,136 at 6%.
200718$3,941,178$53,475$6,684iApproximate average salary by contribution assumption: employee only about $167,109 at 4% or $111,406 at 6%; with 50% employer match about $111,406 at 4% or $74,271 at 6%; with 100% employer match about $83,555 at 4% or $55,703 at 6%.
Thomas W Herfort PC Employees Profit Sharing Plan and Trust-8$3,941,178$53,475$6,684iApproximate average salary by contribution assumption: employee only about $167,109 at 4% or $111,406 at 6%; with 50% employer match about $111,406 at 4% or $74,271 at 6%; with 100% employer match about $83,555 at 4% or $55,703 at 6%.
200618$3,850,240$51,919$6,490iApproximate average salary by contribution assumption: employee only about $162,247 at 4% or $108,165 at 6%; with 50% employer match about $108,165 at 4% or $72,110 at 6%; with 100% employer match about $81,123 at 4% or $54,082 at 6%.
Thomas W Herfort PC Employees Profit Sharing Plan and Trust-8$3,850,240$51,919$6,490iApproximate average salary by contribution assumption: employee only about $162,247 at 4% or $108,165 at 6%; with 50% employer match about $108,165 at 4% or $72,110 at 6%; with 100% employer match about $81,123 at 4% or $54,082 at 6%.
200518$3,095,000$50,201$6,275iApproximate average salary by contribution assumption: employee only about $156,878 at 4% or $104,585 at 6%; with 50% employer match about $104,585 at 4% or $69,724 at 6%; with 100% employer match about $78,439 at 4% or $52,293 at 6%.
Thomas W Herfort PC Employees Profit Sharing Plan and Trust-8$3,095,000$50,201$6,275iApproximate average salary by contribution assumption: employee only about $156,878 at 4% or $104,585 at 6%; with 50% employer match about $104,585 at 4% or $69,724 at 6%; with 100% employer match about $78,439 at 4% or $52,293 at 6%.
200418$2,174,000$16,672$2,084iApproximate average salary by contribution assumption: employee only about $52,100 at 4% or $34,733 at 6%; with 50% employer match about $34,733 at 4% or $23,156 at 6%; with 100% employer match about $26,050 at 4% or $17,367 at 6%.
Thomas W Herfort PC Employees Profit Sharing Plan and Trust-8$2,174,000$16,672$2,084iApproximate average salary by contribution assumption: employee only about $52,100 at 4% or $34,733 at 6%; with 50% employer match about $34,733 at 4% or $23,156 at 6%; with 100% employer match about $26,050 at 4% or $17,367 at 6%.
200318$0$0-
Thomas W Herfort PC Employees Profit Sharing Plan and Trust-8---
200218$1,357,200$47,708$5,964iApproximate average salary by contribution assumption: employee only about $149,088 at 4% or $99,392 at 6%; with 50% employer match about $99,392 at 4% or $66,261 at 6%; with 100% employer match about $74,544 at 4% or $49,696 at 6%.
Thomas W Herfort PC Employees Profit Sharing Plan and Trust-8$1,357,200$47,708$5,964iApproximate average salary by contribution assumption: employee only about $149,088 at 4% or $99,392 at 6%; with 50% employer match about $99,392 at 4% or $66,261 at 6%; with 100% employer match about $74,544 at 4% or $49,696 at 6%.
200117$0$0-
Thomas W Herfort PC Employees Profit Sharing Plan and Trust-7---
200017$0$0-
Thomas W Herfort PC Employees Profit Sharing Plan and Trust-7---
199918$1,032,284$37,963$4,745iApproximate average salary by contribution assumption: employee only about $118,634 at 4% or $79,090 at 6%; with 50% employer match about $79,090 at 4% or $52,726 at 6%; with 100% employer match about $59,317 at 4% or $39,545 at 6%.
Thomas W Herfort PC Employees Profit Sharing Plan and Trust-8$1,032,284$37,963$4,745iApproximate average salary by contribution assumption: employee only about $118,634 at 4% or $79,090 at 6%; with 50% employer match about $79,090 at 4% or $52,726 at 6%; with 100% employer match about $59,317 at 4% or $39,545 at 6%.
Thomas W Herfort PC | EIN 38-2424920 | 2019 Form 5500 Company Profile