Civic Intelligence

Somat Engineering. Inc.

Plan context: Somat Engineering Inc. 401K Profit Sharing Plan

EIN 38-2639838 • Detroit, MI • 27 filings • 3 plans

660 Woodward AvenueSuite 2430Detroit, MI 48226
Current Snapshot

Latest Year

2024

2024 Participants

125

2024 Assets

$12,747,251

2024 Contributions

$1,123,442

Historical Graphs

Total Assets Over Time

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

$12,747,251$6,373,626$0199920132024YearValue
$12,747,251Latest year 2024

Participants Over Time

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

125630199920122024YearValue
125Latest 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
20241125$12,747,251$1,123,442$8,988iApproximate average salary by contribution assumption: employee only about $224,688 at 4% or $149,792 at 6%; with 50% employer match about $149,792 at 4% or $99,862 at 6%; with 100% employer match about $112,344 at 4% or $74,896 at 6%.
Somat Engineering Inc. 401K Profit Sharing Plan-125$12,747,251$1,123,442$8,988iApproximate average salary by contribution assumption: employee only about $224,688 at 4% or $149,792 at 6%; with 50% employer match about $149,792 at 4% or $99,862 at 6%; with 100% employer match about $112,344 at 4% or $74,896 at 6%.
20231117$11,171,917$1,111,362$9,499iApproximate average salary by contribution assumption: employee only about $237,471 at 4% or $158,314 at 6%; with 50% employer match about $158,314 at 4% or $105,542 at 6%; with 100% employer match about $118,735 at 4% or $79,157 at 6%.
Somat Engineering Inc. 401K Profit Sharing Plan-117$11,171,917$1,111,362$9,499iApproximate average salary by contribution assumption: employee only about $237,471 at 4% or $158,314 at 6%; with 50% employer match about $158,314 at 4% or $105,542 at 6%; with 100% employer match about $118,735 at 4% or $79,157 at 6%.
2022176$8,719,789$718,560$9,455iApproximate average salary by contribution assumption: employee only about $236,368 at 4% or $157,579 at 6%; with 50% employer match about $157,579 at 4% or $105,053 at 6%; with 100% employer match about $118,184 at 4% or $78,789 at 6%.
Somat Engineering Inc. 401K Profit Sharing Plan-76$8,719,789$718,560$9,455iApproximate average salary by contribution assumption: employee only about $236,368 at 4% or $157,579 at 6%; with 50% employer match about $157,579 at 4% or $105,053 at 6%; with 100% employer match about $118,184 at 4% or $78,789 at 6%.
2021183$10,516,610$730,557$8,802iApproximate average salary by contribution assumption: employee only about $220,047 at 4% or $146,698 at 6%; with 50% employer match about $146,698 at 4% or $97,799 at 6%; with 100% employer match about $110,024 at 4% or $73,349 at 6%.
Somat Engineering Inc. 401K Profit Sharing Plan-83$10,516,610$730,557$8,802iApproximate average salary by contribution assumption: employee only about $220,047 at 4% or $146,698 at 6%; with 50% employer match about $146,698 at 4% or $97,799 at 6%; with 100% employer match about $110,024 at 4% or $73,349 at 6%.
2020186$8,711,482$705,099$8,199iApproximate average salary by contribution assumption: employee only about $204,971 at 4% or $136,647 at 6%; with 50% employer match about $136,647 at 4% or $91,098 at 6%; with 100% employer match about $102,485 at 4% or $68,324 at 6%.
Somat Engineering Inc. 401K Profit Sharing Plan-86$8,711,482$705,099$8,199iApproximate average salary by contribution assumption: employee only about $204,971 at 4% or $136,647 at 6%; with 50% employer match about $136,647 at 4% or $91,098 at 6%; with 100% employer match about $102,485 at 4% or $68,324 at 6%.
2019174$7,086,466$547,274$7,396iApproximate average salary by contribution assumption: employee only about $184,890 at 4% or $123,260 at 6%; with 50% employer match about $123,260 at 4% or $82,173 at 6%; with 100% employer match about $92,445 at 4% or $61,630 at 6%.
Somat Engineering Inc. 401K Profit Sharing Plan-74$7,086,466$547,274$7,396iApproximate average salary by contribution assumption: employee only about $184,890 at 4% or $123,260 at 6%; with 50% employer match about $123,260 at 4% or $82,173 at 6%; with 100% employer match about $92,445 at 4% or $61,630 at 6%.
2018286$5,412,756$491,290$5,713iApproximate average salary by contribution assumption: employee only about $142,817 at 4% or $95,211 at 6%; with 50% employer match about $95,211 at 4% or $63,474 at 6%; with 100% employer match about $71,408 at 4% or $47,606 at 6%.
Somat Engineering Inc. 401K Profit Sharing Plan-86$5,412,756$491,290$5,713iApproximate average salary by contribution assumption: employee only about $142,817 at 4% or $95,211 at 6%; with 50% employer match about $95,211 at 4% or $63,474 at 6%; with 100% employer match about $71,408 at 4% or $47,606 at 6%.
SOMAT ENGINEERING, INC WELFARE BENEFITS PLAN-0---
2017179$5,385,392$582,207$7,370iApproximate average salary by contribution assumption: employee only about $184,243 at 4% or $122,828 at 6%; with 50% employer match about $122,828 at 4% or $81,886 at 6%; with 100% employer match about $92,121 at 4% or $61,414 at 6%.
Somat Engineering Inc. 401K Profit Sharing Plan-79$5,385,392$582,207$7,370iApproximate average salary by contribution assumption: employee only about $184,243 at 4% or $122,828 at 6%; with 50% employer match about $122,828 at 4% or $81,886 at 6%; with 100% employer match about $92,121 at 4% or $61,414 at 6%.
2016193$4,092,032$353,712$3,803iApproximate average salary by contribution assumption: employee only about $95,084 at 4% or $63,389 at 6%; with 50% employer match about $63,389 at 4% or $42,259 at 6%; with 100% employer match about $47,542 at 4% or $31,695 at 6%.
Somat Engineering Inc. 401K Profit Sharing Plan-93$4,092,032$353,712$3,803iApproximate average salary by contribution assumption: employee only about $95,084 at 4% or $63,389 at 6%; with 50% employer match about $63,389 at 4% or $42,259 at 6%; with 100% employer match about $47,542 at 4% or $31,695 at 6%.
2015179$3,629,546$267,588$3,387iApproximate average salary by contribution assumption: employee only about $84,680 at 4% or $56,453 at 6%; with 50% employer match about $56,453 at 4% or $37,635 at 6%; with 100% employer match about $42,340 at 4% or $28,227 at 6%.
Somat Engineering Inc. 401K Profit Sharing Plan-79$3,629,546$267,588$3,387iApproximate average salary by contribution assumption: employee only about $84,680 at 4% or $56,453 at 6%; with 50% employer match about $56,453 at 4% or $37,635 at 6%; with 100% employer match about $42,340 at 4% or $28,227 at 6%.
2014170$3,607,685$196,744$2,811iApproximate average salary by contribution assumption: employee only about $70,266 at 4% or $46,844 at 6%; with 50% employer match about $46,844 at 4% or $31,229 at 6%; with 100% employer match about $35,133 at 4% or $23,422 at 6%.
Somat Engineering Inc. 401K Profit Sharing Plan-70$3,607,685$196,744$2,811iApproximate average salary by contribution assumption: employee only about $70,266 at 4% or $46,844 at 6%; with 50% employer match about $46,844 at 4% or $31,229 at 6%; with 100% employer match about $35,133 at 4% or $23,422 at 6%.
2013175$3,141,646$278,170$3,709iApproximate average salary by contribution assumption: employee only about $92,723 at 4% or $61,816 at 6%; with 50% employer match about $61,816 at 4% or $41,210 at 6%; with 100% employer match about $46,362 at 4% or $30,908 at 6%.
Somat Engineering Inc. 401K Profit Sharing Plan-75$3,141,646$278,170$3,709iApproximate average salary by contribution assumption: employee only about $92,723 at 4% or $61,816 at 6%; with 50% employer match about $61,816 at 4% or $41,210 at 6%; with 100% employer match about $46,362 at 4% or $30,908 at 6%.
2012173$2,541,537$263,917$3,615iApproximate average salary by contribution assumption: employee only about $90,383 at 4% or $60,255 at 6%; with 50% employer match about $60,255 at 4% or $40,170 at 6%; with 100% employer match about $45,191 at 4% or $30,128 at 6%.
Somat Engineering Inc. 401K Profit Sharing Plan-73$2,541,537$263,917$3,615iApproximate average salary by contribution assumption: employee only about $90,383 at 4% or $60,255 at 6%; with 50% employer match about $60,255 at 4% or $40,170 at 6%; with 100% employer match about $45,191 at 4% or $30,128 at 6%.
2011164$2,017,367$258,213$4,035iApproximate average salary by contribution assumption: employee only about $100,864 at 4% or $67,243 at 6%; with 50% employer match about $67,243 at 4% or $44,829 at 6%; with 100% employer match about $50,432 at 4% or $33,621 at 6%.
Somat Engineering Inc. 401K Profit Sharing Plan-64$2,017,367$258,213$4,035iApproximate average salary by contribution assumption: employee only about $100,864 at 4% or $67,243 at 6%; with 50% employer match about $67,243 at 4% or $44,829 at 6%; with 100% employer match about $50,432 at 4% or $33,621 at 6%.
2010162$1,820,147$180,261$2,907iApproximate average salary by contribution assumption: employee only about $72,686 at 4% or $48,457 at 6%; with 50% employer match about $48,457 at 4% or $32,305 at 6%; with 100% employer match about $36,343 at 4% or $24,229 at 6%.
Somat Engineering Inc. 401K Profit Sharing Plan-62$1,820,147$180,261$2,907iApproximate average salary by contribution assumption: employee only about $72,686 at 4% or $48,457 at 6%; with 50% employer match about $48,457 at 4% or $32,305 at 6%; with 100% employer match about $36,343 at 4% or $24,229 at 6%.
2009152$1,627,671$126,252$2,428iApproximate average salary by contribution assumption: employee only about $60,698 at 4% or $40,465 at 6%; with 50% employer match about $40,465 at 4% or $26,977 at 6%; with 100% employer match about $30,349 at 4% or $20,233 at 6%.
Somat Engineering Inc. 401K Profit Sharing Plan-52$1,627,671$126,252$2,428iApproximate average salary by contribution assumption: employee only about $60,698 at 4% or $40,465 at 6%; with 50% employer match about $40,465 at 4% or $26,977 at 6%; with 100% employer match about $30,349 at 4% or $20,233 at 6%.
2008144$1,543,980$268,018$6,091iApproximate average salary by contribution assumption: employee only about $152,283 at 4% or $101,522 at 6%; with 50% employer match about $101,522 at 4% or $67,681 at 6%; with 100% employer match about $76,141 at 4% or $50,761 at 6%.
Somat Engineering Inc. 401K Profit Sharing Plan-44$1,543,980$268,018$6,091iApproximate average salary by contribution assumption: employee only about $152,283 at 4% or $101,522 at 6%; with 50% employer match about $101,522 at 4% or $67,681 at 6%; with 100% employer match about $76,141 at 4% or $50,761 at 6%.
2007146$2,124,562$290,636$6,318iApproximate average salary by contribution assumption: employee only about $157,954 at 4% or $105,303 at 6%; with 50% employer match about $105,303 at 4% or $70,202 at 6%; with 100% employer match about $78,977 at 4% or $52,651 at 6%.
Somat Engineering Inc. 401K Profit Sharing Plan-46$2,124,562$290,636$6,318iApproximate average salary by contribution assumption: employee only about $157,954 at 4% or $105,303 at 6%; with 50% employer match about $105,303 at 4% or $70,202 at 6%; with 100% employer match about $78,977 at 4% or $52,651 at 6%.
2006135$1,760,087$244,819$6,995iApproximate average salary by contribution assumption: employee only about $174,871 at 4% or $116,580 at 6%; with 50% employer match about $116,580 at 4% or $77,720 at 6%; with 100% employer match about $87,435 at 4% or $58,290 at 6%.
Somat Engineering Inc. 401K Profit Sharing Plan-35$1,760,087$244,819$6,995iApproximate average salary by contribution assumption: employee only about $174,871 at 4% or $116,580 at 6%; with 50% employer match about $116,580 at 4% or $77,720 at 6%; with 100% employer match about $87,435 at 4% or $58,290 at 6%.
2005132$1,403,247$96,738$3,023iApproximate average salary by contribution assumption: employee only about $75,577 at 4% or $50,384 at 6%; with 50% employer match about $50,384 at 4% or $33,590 at 6%; with 100% employer match about $37,788 at 4% or $25,192 at 6%.
Somat Engineering Inc. 401K Profit Sharing Plan-32$1,403,247$96,738$3,023iApproximate average salary by contribution assumption: employee only about $75,577 at 4% or $50,384 at 6%; with 50% employer match about $50,384 at 4% or $33,590 at 6%; with 100% employer match about $37,788 at 4% or $25,192 at 6%.
2004130$1,232,283$204,915$6,831iApproximate average salary by contribution assumption: employee only about $170,763 at 4% or $113,842 at 6%; with 50% employer match about $113,842 at 4% or $75,894 at 6%; with 100% employer match about $85,381 at 4% or $56,921 at 6%.
Somat Engineering Inc. 401K Profit Sharing Plan-30$1,232,283$204,915$6,831iApproximate average salary by contribution assumption: employee only about $170,763 at 4% or $113,842 at 6%; with 50% employer match about $113,842 at 4% or $75,894 at 6%; with 100% employer match about $85,381 at 4% or $56,921 at 6%.
2003129$0$0-
Somat Engineering Inc. 401K Profit Sharing Plan-29---
2002124$0$0-
Somat Engineering Inc. 401K Profit Sharing Plan-24---
2001122$0$0-
Somat Engineering Inc. 401K Profit Sharing Plan-22---
2000121$786,837$230,263$10,965iApproximate average salary by contribution assumption: employee only about $274,123 at 4% or $182,748 at 6%; with 50% employer match about $182,748 at 4% or $121,832 at 6%; with 100% employer match about $137,061 at 4% or $91,374 at 6%.
Somat Engineering Inc. 401K Profit Sharing Plan-21$786,837$230,263$10,965iApproximate average salary by contribution assumption: employee only about $274,123 at 4% or $182,748 at 6%; with 50% employer match about $182,748 at 4% or $121,832 at 6%; with 100% employer match about $137,061 at 4% or $91,374 at 6%.
1999117$808,153$91,741$5,397iApproximate average salary by contribution assumption: employee only about $134,913 at 4% or $89,942 at 6%; with 50% employer match about $89,942 at 4% or $59,961 at 6%; with 100% employer match about $67,457 at 4% or $44,971 at 6%.
Somat Engineering Inc. 401K Profit Sharing Plan-17$808,153$91,741$5,397iApproximate average salary by contribution assumption: employee only about $134,913 at 4% or $89,942 at 6%; with 50% employer match about $89,942 at 4% or $59,961 at 6%; with 100% employer match about $67,457 at 4% or $44,971 at 6%.