Civic Intelligence

Richard a. Walters Inc.

Plan context: Richard a. Walters Inc. Profit Sharing Plan and Trust

EIN 38-2459394 • Ferndale, MI • 31 filings • 7 plans

1013 Orchard StreetFerndale, MI 48220
Current Snapshot

Latest Year

2024

2024 Participants

46

2024 Assets

$10,382,942

2024 Contributions

$609,566

Historical Graphs

Total Assets Over Time

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

$10,382,942$5,191,471$0199920132024YearValue
$10,382,942Latest year 2024

Participants Over Time

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

59300199920122024YearValue
46Latest year 2024

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
2024246$10,382,942$609,566$13,251iApproximate average salary by contribution assumption: employee only about $331,286 at 4% or $220,857 at 6%; with 50% employer match about $220,857 at 4% or $147,238 at 6%; with 100% employer match about $165,643 at 4% or $110,429 at 6%.
Richard a. Walters Inc. Profit Sharing Plan and Trust-46$9,482,942$332,054$7,219iApproximate average salary by contribution assumption: employee only about $180,464 at 4% or $120,309 at 6%; with 50% employer match about $120,309 at 4% or $80,206 at 6%; with 100% employer match about $90,232 at 4% or $60,155 at 6%.
Erickson'S Flooring & Supply Company Employee Stock Ownership Plan-35$900,000$277,512$7,929iApproximate average salary by contribution assumption: employee only about $198,223 at 4% or $132,149 at 6%; with 50% employer match about $132,149 at 4% or $88,099 at 6%; with 100% employer match about $99,111 at 4% or $66,074 at 6%.
2023246$10,210,004$671,522$14,598iApproximate average salary by contribution assumption: employee only about $364,958 at 4% or $243,305 at 6%; with 50% employer match about $243,305 at 4% or $162,203 at 6%; with 100% employer match about $182,479 at 4% or $121,653 at 6%.
Richard a. Walters Inc. Profit Sharing Plan and Trust-46$8,570,004$389,055$8,458iApproximate average salary by contribution assumption: employee only about $211,443 at 4% or $140,962 at 6%; with 50% employer match about $140,962 at 4% or $93,975 at 6%; with 100% employer match about $105,721 at 4% or $70,481 at 6%.
Erickson'S Flooring & Supply Company Employee Stock Ownership Plan-35$1,640,000$282,467$8,070iApproximate average salary by contribution assumption: employee only about $201,762 at 4% or $134,508 at 6%; with 50% employer match about $134,508 at 4% or $89,672 at 6%; with 100% employer match about $100,881 at 4% or $67,254 at 6%.
2022259$9,369,838$736,570$12,484iApproximate average salary by contribution assumption: employee only about $312,106 at 4% or $208,071 at 6%; with 50% employer match about $208,071 at 4% or $138,714 at 6%; with 100% employer match about $156,053 at 4% or $104,035 at 6%.
Richard a. Walters Inc. Profit Sharing Plan and Trust-59$7,129,838$361,133$6,121iApproximate average salary by contribution assumption: employee only about $153,022 at 4% or $102,015 at 6%; with 50% employer match about $102,015 at 4% or $68,010 at 6%; with 100% employer match about $76,511 at 4% or $51,007 at 6%.
Erickson'S Flooring & Supply Company Employee Stock Ownership Plan-35$2,240,000$375,437$10,727iApproximate average salary by contribution assumption: employee only about $268,169 at 4% or $178,780 at 6%; with 50% employer match about $178,780 at 4% or $119,186 at 6%; with 100% employer match about $134,085 at 4% or $89,390 at 6%.
2021241$10,177,690$615,855$15,021iApproximate average salary by contribution assumption: employee only about $375,521 at 4% or $250,348 at 6%; with 50% employer match about $250,348 at 4% or $166,898 at 6%; with 100% employer match about $187,761 at 4% or $125,174 at 6%.
Richard a. Walters Inc. Profit Sharing Plan and Trust-41$8,177,690$615,855$15,021iApproximate average salary by contribution assumption: employee only about $375,521 at 4% or $250,348 at 6%; with 50% employer match about $250,348 at 4% or $166,898 at 6%; with 100% employer match about $187,761 at 4% or $125,174 at 6%.
Erickson'S Flooring & Supply Company Employee Stock Ownership Plan-37$2,000,000--
2020138$6,991,319$304,666$8,018iApproximate average salary by contribution assumption: employee only about $200,438 at 4% or $133,625 at 6%; with 50% employer match about $133,625 at 4% or $89,084 at 6%; with 100% employer match about $100,219 at 4% or $66,813 at 6%.
Richard a. Walters Inc. Profit Sharing Plan and Trust-38$6,991,319$304,666$8,018iApproximate average salary by contribution assumption: employee only about $200,438 at 4% or $133,625 at 6%; with 50% employer match about $133,625 at 4% or $89,084 at 6%; with 100% employer match about $100,219 at 4% or $66,813 at 6%.
2019141$6,076,348$549,374$13,399iApproximate average salary by contribution assumption: employee only about $334,984 at 4% or $223,323 at 6%; with 50% employer match about $223,323 at 4% or $148,882 at 6%; with 100% employer match about $167,492 at 4% or $111,661 at 6%.
Richard a. Walters Inc. Profit Sharing Plan and Trust-41$6,076,348$549,374$13,399iApproximate average salary by contribution assumption: employee only about $334,984 at 4% or $223,323 at 6%; with 50% employer match about $223,323 at 4% or $148,882 at 6%; with 100% employer match about $167,492 at 4% or $111,661 at 6%.
2018143$4,937,793$349,382$8,125iApproximate average salary by contribution assumption: employee only about $203,129 at 4% or $135,419 at 6%; with 50% employer match about $135,419 at 4% or $90,280 at 6%; with 100% employer match about $101,565 at 4% or $67,710 at 6%.
Richard a. Walters Inc. Profit Sharing Plan and Trust-43$4,937,793$349,382$8,125iApproximate average salary by contribution assumption: employee only about $203,129 at 4% or $135,419 at 6%; with 50% employer match about $135,419 at 4% or $90,280 at 6%; with 100% employer match about $101,565 at 4% or $67,710 at 6%.
2017137$5,100,809$302,769$8,183iApproximate average salary by contribution assumption: employee only about $204,574 at 4% or $136,382 at 6%; with 50% employer match about $136,382 at 4% or $90,922 at 6%; with 100% employer match about $102,287 at 4% or $68,191 at 6%.
Richard a. Walters Inc. Profit Sharing Plan and Trust-37$5,100,809$302,769$8,183iApproximate average salary by contribution assumption: employee only about $204,574 at 4% or $136,382 at 6%; with 50% employer match about $136,382 at 4% or $90,922 at 6%; with 100% employer match about $102,287 at 4% or $68,191 at 6%.
2016141$4,323,609$294,105$7,173iApproximate average salary by contribution assumption: employee only about $179,332 at 4% or $119,555 at 6%; with 50% employer match about $119,555 at 4% or $79,703 at 6%; with 100% employer match about $89,666 at 4% or $59,777 at 6%.
Richard a. Walters Inc. Profit Sharing Plan and Trust-41$4,323,609$294,105$7,173iApproximate average salary by contribution assumption: employee only about $179,332 at 4% or $119,555 at 6%; with 50% employer match about $119,555 at 4% or $79,703 at 6%; with 100% employer match about $89,666 at 4% or $59,777 at 6%.
2015143$4,425,008$284,080$6,607iApproximate average salary by contribution assumption: employee only about $165,163 at 4% or $110,109 at 6%; with 50% employer match about $110,109 at 4% or $73,406 at 6%; with 100% employer match about $82,581 at 4% or $55,054 at 6%.
Richard a. Walters Inc. Profit Sharing Plan and Trust-43$4,425,008$284,080$6,607iApproximate average salary by contribution assumption: employee only about $165,163 at 4% or $110,109 at 6%; with 50% employer match about $110,109 at 4% or $73,406 at 6%; with 100% employer match about $82,581 at 4% or $55,054 at 6%.
2014142$4,486,659$252,969$6,023iApproximate average salary by contribution assumption: employee only about $150,577 at 4% or $100,385 at 6%; with 50% employer match about $100,385 at 4% or $66,923 at 6%; with 100% employer match about $75,288 at 4% or $50,192 at 6%.
Richard a. Walters Inc. Profit Sharing Plan and Trust-42$4,486,659$252,969$6,023iApproximate average salary by contribution assumption: employee only about $150,577 at 4% or $100,385 at 6%; with 50% employer match about $100,385 at 4% or $66,923 at 6%; with 100% employer match about $75,288 at 4% or $50,192 at 6%.
2013134$4,140,366$227,393$6,688iApproximate average salary by contribution assumption: employee only about $167,201 at 4% or $111,467 at 6%; with 50% employer match about $111,467 at 4% or $74,311 at 6%; with 100% employer match about $83,600 at 4% or $55,734 at 6%.
Richard a. Walters Inc. Defined Benefit Plan and Trust-34$4,140,366$227,393$6,688iApproximate average salary by contribution assumption: employee only about $167,201 at 4% or $111,467 at 6%; with 50% employer match about $111,467 at 4% or $74,311 at 6%; with 100% employer match about $83,600 at 4% or $55,734 at 6%.
2012135$4,002,043$196,716$5,620iApproximate average salary by contribution assumption: employee only about $140,511 at 4% or $93,674 at 6%; with 50% employer match about $93,674 at 4% or $62,450 at 6%; with 100% employer match about $70,256 at 4% or $46,837 at 6%.
Richard a. Walters Inc. Defined Benefit Plan and Trust-35$4,002,043$196,716$5,620iApproximate average salary by contribution assumption: employee only about $140,511 at 4% or $93,674 at 6%; with 50% employer match about $93,674 at 4% or $62,450 at 6%; with 100% employer match about $70,256 at 4% or $46,837 at 6%.
2011140$3,720,697$173,279$4,332iApproximate average salary by contribution assumption: employee only about $108,299 at 4% or $72,200 at 6%; with 50% employer match about $72,200 at 4% or $48,133 at 6%; with 100% employer match about $54,150 at 4% or $36,100 at 6%.
Richard a. Walters Inc. Defined Benefit Plan and Trust-40$3,720,697$173,279$4,332iApproximate average salary by contribution assumption: employee only about $108,299 at 4% or $72,200 at 6%; with 50% employer match about $72,200 at 4% or $48,133 at 6%; with 100% employer match about $54,150 at 4% or $36,100 at 6%.
2010147$3,749,403$173,336$3,688iApproximate average salary by contribution assumption: employee only about $92,200 at 4% or $61,467 at 6%; with 50% employer match about $61,467 at 4% or $40,978 at 6%; with 100% employer match about $46,100 at 4% or $30,733 at 6%.
Richard a. Walters Inc. Defined Benefit Plan and Trust-47$3,749,403$173,336$3,688iApproximate average salary by contribution assumption: employee only about $92,200 at 4% or $61,467 at 6%; with 50% employer match about $61,467 at 4% or $40,978 at 6%; with 100% employer match about $46,100 at 4% or $30,733 at 6%.
2009150$3,326,025$203,511$4,070iApproximate average salary by contribution assumption: employee only about $101,756 at 4% or $67,837 at 6%; with 50% employer match about $67,837 at 4% or $45,225 at 6%; with 100% employer match about $50,878 at 4% or $33,919 at 6%.
Richard a. Walters Inc. Profit Sharing Plan and Trust-50$3,326,025$203,511$4,070iApproximate average salary by contribution assumption: employee only about $101,756 at 4% or $67,837 at 6%; with 50% employer match about $67,837 at 4% or $45,225 at 6%; with 100% employer match about $50,878 at 4% or $33,919 at 6%.
2008142$2,907,511$221,535$5,275iApproximate average salary by contribution assumption: employee only about $131,866 at 4% or $87,911 at 6%; with 50% employer match about $87,911 at 4% or $58,607 at 6%; with 100% employer match about $65,933 at 4% or $43,955 at 6%.
Richard a. Walters Inc. Profit Sharing Plan and Trust-42$2,907,511$221,535$5,275iApproximate average salary by contribution assumption: employee only about $131,866 at 4% or $87,911 at 6%; with 50% employer match about $87,911 at 4% or $58,607 at 6%; with 100% employer match about $65,933 at 4% or $43,955 at 6%.
2007151$4,004,785$368,051$7,217iApproximate average salary by contribution assumption: employee only about $180,417 at 4% or $120,278 at 6%; with 50% employer match about $120,278 at 4% or $80,185 at 6%; with 100% employer match about $90,209 at 4% or $60,139 at 6%.
Richard a. Walters Inc. Profit Sharing Plan and Trust-51$4,004,785$368,051$7,217iApproximate average salary by contribution assumption: employee only about $180,417 at 4% or $120,278 at 6%; with 50% employer match about $120,278 at 4% or $80,185 at 6%; with 100% employer match about $90,209 at 4% or $60,139 at 6%.
2006145$3,771,133$284,978$6,333iApproximate average salary by contribution assumption: employee only about $158,321 at 4% or $105,547 at 6%; with 50% employer match about $105,547 at 4% or $70,365 at 6%; with 100% employer match about $79,161 at 4% or $52,774 at 6%.
Richard a. Walters Inc. Profit Sharing Plan and Trust-45$3,771,133$284,978$6,333iApproximate average salary by contribution assumption: employee only about $158,321 at 4% or $105,547 at 6%; with 50% employer match about $105,547 at 4% or $70,365 at 6%; with 100% employer match about $79,161 at 4% or $52,774 at 6%.
2005159$3,215,908$241,282$4,090iApproximate average salary by contribution assumption: employee only about $102,238 at 4% or $68,159 at 6%; with 50% employer match about $68,159 at 4% or $45,439 at 6%; with 100% employer match about $51,119 at 4% or $34,079 at 6%.
Richard a. Walters Inc. Profit Sharing Plan and Trust-59$3,215,908$241,282$4,090iApproximate average salary by contribution assumption: employee only about $102,238 at 4% or $68,159 at 6%; with 50% employer match about $68,159 at 4% or $45,439 at 6%; with 100% employer match about $51,119 at 4% or $34,079 at 6%.
2004154$2,770,764$162,808$3,015iApproximate average salary by contribution assumption: employee only about $75,374 at 4% or $50,249 at 6%; with 50% employer match about $50,249 at 4% or $33,500 at 6%; with 100% employer match about $37,687 at 4% or $25,125 at 6%.
Richard a. Walters Inc. Profit Sharing Plan and Trust-54$2,770,764$162,808$3,015iApproximate average salary by contribution assumption: employee only about $75,374 at 4% or $50,249 at 6%; with 50% employer match about $50,249 at 4% or $33,500 at 6%; with 100% employer match about $37,687 at 4% or $25,125 at 6%.
2003151$2,489,818$207,809$4,075iApproximate average salary by contribution assumption: employee only about $101,867 at 4% or $67,911 at 6%; with 50% employer match about $67,911 at 4% or $45,274 at 6%; with 100% employer match about $50,934 at 4% or $33,956 at 6%.
Richard a. Walters Inc. Profit Sharing Plan and Trust-51$2,489,818$207,809$4,075iApproximate average salary by contribution assumption: employee only about $101,867 at 4% or $67,911 at 6%; with 50% employer match about $67,911 at 4% or $45,274 at 6%; with 100% employer match about $50,934 at 4% or $33,956 at 6%.
2002147$0$0-
Richard a. Walters Inc. Profit Sharing Plan and Trust-47---
2001138$0$0-
Richard a. Walters Inc. Profit Sharing Plan and Trust-38---
2000136$0$0-
Richard a. Walters Inc. Profit Sharing Plan and Trust-36---
1999240$2,206,585$260,012$6,500iApproximate average salary by contribution assumption: employee only about $162,508 at 4% or $108,338 at 6%; with 50% employer match about $108,338 at 4% or $72,226 at 6%; with 100% employer match about $81,254 at 4% or $54,169 at 6%.
Richard a. Walters Inc. Profit Sharing Plan and Trust-40$2,206,585$260,012$6,500iApproximate average salary by contribution assumption: employee only about $162,508 at 4% or $108,338 at 6%; with 50% employer match about $108,338 at 4% or $72,226 at 6%; with 100% employer match about $81,254 at 4% or $54,169 at 6%.
Richard a. Walters Inc. Defined Benefit Plan and Trust-0---