Civic Intelligence

Thomas J. Veum PC.

Plan context: Thomas J. Veum PC. 401K Profit Sharing Plan

EIN 38-2428297 • Sault Ste. Marie, MI • 23 filings • 2 plans

216 Ashmun StreetSault Ste. Marie, MI 49783
Current Snapshot

Latest Year

2021

2021 Participants

7

2021 Assets

$790,318

2021 Contributions

$4,677

Historical Graphs

Total Assets Over Time

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

$790,318$395,159$0199920122020YearValue
$790,318Latest year 2020

Participants Over Time

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

740199920102020YearValue
7Latest year 2020

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
202110$0$4,677-
Thomas J. Veum PC. 401K Profit Sharing Plan-0$0$4,677-
202017$790,318$7,208$1,030iApproximate average salary by contribution assumption: employee only about $25,743 at 4% or $17,162 at 6%; with 50% employer match about $17,162 at 4% or $11,441 at 6%; with 100% employer match about $12,871 at 4% or $8,581 at 6%.
Thomas J. Veum PC. 401K Profit Sharing Plan-7$790,318$7,208$1,030iApproximate average salary by contribution assumption: employee only about $25,743 at 4% or $17,162 at 6%; with 50% employer match about $17,162 at 4% or $11,441 at 6%; with 100% employer match about $12,871 at 4% or $8,581 at 6%.
201916$566,524$22,527$3,755iApproximate average salary by contribution assumption: employee only about $93,863 at 4% or $62,575 at 6%; with 50% employer match about $62,575 at 4% or $41,717 at 6%; with 100% employer match about $46,931 at 4% or $31,288 at 6%.
Thomas J. Veum PC. 401K Profit Sharing Plan-6$566,524$22,527$3,755iApproximate average salary by contribution assumption: employee only about $93,863 at 4% or $62,575 at 6%; with 50% employer match about $62,575 at 4% or $41,717 at 6%; with 100% employer match about $46,931 at 4% or $31,288 at 6%.
201815$551,817$17,269$3,454iApproximate average salary by contribution assumption: employee only about $86,345 at 4% or $57,563 at 6%; with 50% employer match about $57,563 at 4% or $38,376 at 6%; with 100% employer match about $43,173 at 4% or $28,782 at 6%.
Thomas J. Veum PC. 401K Profit Sharing Plan-5$551,817$17,269$3,454iApproximate average salary by contribution assumption: employee only about $86,345 at 4% or $57,563 at 6%; with 50% employer match about $57,563 at 4% or $38,376 at 6%; with 100% employer match about $43,173 at 4% or $28,782 at 6%.
201716$537,769$20,059$3,343iApproximate average salary by contribution assumption: employee only about $83,579 at 4% or $55,719 at 6%; with 50% employer match about $55,719 at 4% or $37,146 at 6%; with 100% employer match about $41,790 at 4% or $27,860 at 6%.
Thomas J. Veum PC. 401K Profit Sharing Plan-6$537,769$20,059$3,343iApproximate average salary by contribution assumption: employee only about $83,579 at 4% or $55,719 at 6%; with 50% employer match about $55,719 at 4% or $37,146 at 6%; with 100% employer match about $41,790 at 4% or $27,860 at 6%.
201616$456,380$21,805$3,634iApproximate average salary by contribution assumption: employee only about $90,854 at 4% or $60,569 at 6%; with 50% employer match about $60,569 at 4% or $40,380 at 6%; with 100% employer match about $45,427 at 4% or $30,285 at 6%.
Thomas J. Veum PC. 401K Profit Sharing Plan-6$456,380$21,805$3,634iApproximate average salary by contribution assumption: employee only about $90,854 at 4% or $60,569 at 6%; with 50% employer match about $60,569 at 4% or $40,380 at 6%; with 100% employer match about $45,427 at 4% or $30,285 at 6%.
201516$381,872$18,466$3,078iApproximate average salary by contribution assumption: employee only about $76,942 at 4% or $51,294 at 6%; with 50% employer match about $51,294 at 4% or $34,196 at 6%; with 100% employer match about $38,471 at 4% or $25,647 at 6%.
Thomas J. Veum PC. 401K Profit Sharing Plan-6$381,872$18,466$3,078iApproximate average salary by contribution assumption: employee only about $76,942 at 4% or $51,294 at 6%; with 50% employer match about $51,294 at 4% or $34,196 at 6%; with 100% employer match about $38,471 at 4% or $25,647 at 6%.
201416$357,655$18,836$3,139iApproximate average salary by contribution assumption: employee only about $78,483 at 4% or $52,322 at 6%; with 50% employer match about $52,322 at 4% or $34,881 at 6%; with 100% employer match about $39,242 at 4% or $26,161 at 6%.
Thomas J. Veum PC. 401K Profit Sharing Plan-6$357,655$18,836$3,139iApproximate average salary by contribution assumption: employee only about $78,483 at 4% or $52,322 at 6%; with 50% employer match about $52,322 at 4% or $34,881 at 6%; with 100% employer match about $39,242 at 4% or $26,161 at 6%.
201315$335,968$17,710$3,542iApproximate average salary by contribution assumption: employee only about $88,550 at 4% or $59,033 at 6%; with 50% employer match about $59,033 at 4% or $39,356 at 6%; with 100% employer match about $44,275 at 4% or $29,517 at 6%.
Thomas J. Veum PC. 401K Profit Sharing Plan-5$335,968$17,710$3,542iApproximate average salary by contribution assumption: employee only about $88,550 at 4% or $59,033 at 6%; with 50% employer match about $59,033 at 4% or $39,356 at 6%; with 100% employer match about $44,275 at 4% or $29,517 at 6%.
201215$292,007$14,066$2,813iApproximate average salary by contribution assumption: employee only about $70,330 at 4% or $46,887 at 6%; with 50% employer match about $46,887 at 4% or $31,258 at 6%; with 100% employer match about $35,165 at 4% or $23,443 at 6%.
Thomas J. Veum PC. 401K Profit Sharing Plan-5$292,007$14,066$2,813iApproximate average salary by contribution assumption: employee only about $70,330 at 4% or $46,887 at 6%; with 50% employer match about $46,887 at 4% or $31,258 at 6%; with 100% employer match about $35,165 at 4% or $23,443 at 6%.
201116$274,181$9,452$1,575iApproximate average salary by contribution assumption: employee only about $39,383 at 4% or $26,256 at 6%; with 50% employer match about $26,256 at 4% or $17,504 at 6%; with 100% employer match about $19,692 at 4% or $13,128 at 6%.
Thomas J. Veum PC. 401K Profit Sharing Plan-6$274,181$9,452$1,575iApproximate average salary by contribution assumption: employee only about $39,383 at 4% or $26,256 at 6%; with 50% employer match about $26,256 at 4% or $17,504 at 6%; with 100% employer match about $19,692 at 4% or $13,128 at 6%.
201016$272,477$11,146$1,858iApproximate average salary by contribution assumption: employee only about $46,442 at 4% or $30,961 at 6%; with 50% employer match about $30,961 at 4% or $20,641 at 6%; with 100% employer match about $23,221 at 4% or $15,481 at 6%.
Thomas J. Veum PC. 401K Profit Sharing Plan-6$272,477$11,146$1,858iApproximate average salary by contribution assumption: employee only about $46,442 at 4% or $30,961 at 6%; with 50% employer match about $30,961 at 4% or $20,641 at 6%; with 100% employer match about $23,221 at 4% or $15,481 at 6%.
200916$227,157$11,980$1,997iApproximate average salary by contribution assumption: employee only about $49,917 at 4% or $33,278 at 6%; with 50% employer match about $33,278 at 4% or $22,185 at 6%; with 100% employer match about $24,958 at 4% or $16,639 at 6%.
Thomas J. Veum PC. 401K Profit Sharing Plan-6$227,157$11,980$1,997iApproximate average salary by contribution assumption: employee only about $49,917 at 4% or $33,278 at 6%; with 50% employer match about $33,278 at 4% or $22,185 at 6%; with 100% employer match about $24,958 at 4% or $16,639 at 6%.
200815$0$0-
Thomas J. Veum PC. 401K Profit Sharing Plan-5---
200715$0$0-
Thomas J. Veum PC. 401K Profit Sharing Plan-5---
200615$261,804$11,234$2,247iApproximate average salary by contribution assumption: employee only about $56,170 at 4% or $37,447 at 6%; with 50% employer match about $37,447 at 4% or $24,964 at 6%; with 100% employer match about $28,085 at 4% or $18,723 at 6%.
Thomas J. Veum PC. 401K Profit Sharing Plan-5$261,804$11,234$2,247iApproximate average salary by contribution assumption: employee only about $56,170 at 4% or $37,447 at 6%; with 50% employer match about $37,447 at 4% or $24,964 at 6%; with 100% employer match about $28,085 at 4% or $18,723 at 6%.
200515$240,080$13,725$2,745iApproximate average salary by contribution assumption: employee only about $68,625 at 4% or $45,750 at 6%; with 50% employer match about $45,750 at 4% or $30,500 at 6%; with 100% employer match about $34,313 at 4% or $22,875 at 6%.
Thomas J. Veum PC. 401K Profit Sharing Plan-5$240,080$13,725$2,745iApproximate average salary by contribution assumption: employee only about $68,625 at 4% or $45,750 at 6%; with 50% employer match about $45,750 at 4% or $30,500 at 6%; with 100% employer match about $34,313 at 4% or $22,875 at 6%.
200415$215,576$13,380$2,676iApproximate average salary by contribution assumption: employee only about $66,900 at 4% or $44,600 at 6%; with 50% employer match about $44,600 at 4% or $29,733 at 6%; with 100% employer match about $33,450 at 4% or $22,300 at 6%.
Thomas J. Veum PC. 401K Profit Sharing Plan-5$215,576$13,380$2,676iApproximate average salary by contribution assumption: employee only about $66,900 at 4% or $44,600 at 6%; with 50% employer match about $44,600 at 4% or $29,733 at 6%; with 100% employer match about $33,450 at 4% or $22,300 at 6%.
200315$0$0-
Thomas J. Veum PC. 401K Profit Sharing Plan-5---
200216$177,683$16,007$2,668iApproximate average salary by contribution assumption: employee only about $66,696 at 4% or $44,464 at 6%; with 50% employer match about $44,464 at 4% or $29,643 at 6%; with 100% employer match about $33,348 at 4% or $22,232 at 6%.
Thomas J. Veum PC. 401K Profit Sharing Plan-6$177,683$16,007$2,668iApproximate average salary by contribution assumption: employee only about $66,696 at 4% or $44,464 at 6%; with 50% employer match about $44,464 at 4% or $29,643 at 6%; with 100% employer match about $33,348 at 4% or $22,232 at 6%.
200116$0$0-
Thomas J. Veum PC. 401K Profit Sharing Plan-6---
200016$0$0-
Thomas J. Veum PC. 401K Profit Sharing Plan-6---
199916$200,325$17,763$2,961iApproximate average salary by contribution assumption: employee only about $74,013 at 4% or $49,342 at 6%; with 50% employer match about $49,342 at 4% or $32,894 at 6%; with 100% employer match about $37,006 at 4% or $24,671 at 6%.
Thomas J. Veum PC. 401K Profit Sharing Plan-6$200,325$17,763$2,961iApproximate average salary by contribution assumption: employee only about $74,013 at 4% or $49,342 at 6%; with 50% employer match about $49,342 at 4% or $32,894 at 6%; with 100% employer match about $37,006 at 4% or $24,671 at 6%.