Civic Intelligence

Torre Financial Group

Plan context: Torre Financial Group 401(K) Plan

EIN 38-3137773 • Portage, MI • 13 filings • 1 plans

2750 Old Centre Ave., Ste. 120Portage, MI 49024
Current Snapshot

Latest Year

2024

2024 Participants

1

2024 Assets

$2,559,926

2024 Contributions

$115,000

Historical Graphs

Total Assets Over Time

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

$2,682,605$1,341,303$0201220182024YearValue
$2,559,926Latest year 2024

Participants Over Time

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

530201220182024YearValue
1Latest 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
202411$2,559,926$115,000$115,000iApproximate average salary by contribution assumption: employee only about $2,875,000 at 4% or $1,916,667 at 6%; with 50% employer match about $1,916,667 at 4% or $1,277,778 at 6%; with 100% employer match about $1,437,500 at 4% or $958,333 at 6%.
Torre Financial Group 401(K) Plan-1$2,559,926$115,000$115,000iApproximate average salary by contribution assumption: employee only about $2,875,000 at 4% or $1,916,667 at 6%; with 50% employer match about $1,916,667 at 4% or $1,277,778 at 6%; with 100% employer match about $1,437,500 at 4% or $958,333 at 6%.
202313$2,230,659$69,000$23,000iApproximate average salary by contribution assumption: employee only about $575,000 at 4% or $383,333 at 6%; with 50% employer match about $383,333 at 4% or $255,556 at 6%; with 100% employer match about $287,500 at 4% or $191,667 at 6%.
Torre Financial Group 401(K) Plan-3$2,230,659$69,000$23,000iApproximate average salary by contribution assumption: employee only about $575,000 at 4% or $383,333 at 6%; with 50% employer match about $383,333 at 4% or $255,556 at 6%; with 100% employer match about $287,500 at 4% or $191,667 at 6%.
202213$1,820,452$120,899$40,300iApproximate average salary by contribution assumption: employee only about $1,007,492 at 4% or $671,661 at 6%; with 50% employer match about $671,661 at 4% or $447,774 at 6%; with 100% employer match about $503,746 at 4% or $335,831 at 6%.
Torre Financial Group 401(K) Plan-3$1,820,452$120,899$40,300iApproximate average salary by contribution assumption: employee only about $1,007,492 at 4% or $671,661 at 6%; with 50% employer match about $671,661 at 4% or $447,774 at 6%; with 100% employer match about $503,746 at 4% or $335,831 at 6%.
202114$2,682,605$92,466$23,117iApproximate average salary by contribution assumption: employee only about $577,913 at 4% or $385,275 at 6%; with 50% employer match about $385,275 at 4% or $256,850 at 6%; with 100% employer match about $288,956 at 4% or $192,638 at 6%.
Torre Financial Group 401(K) Plan-4$2,682,605$92,466$23,117iApproximate average salary by contribution assumption: employee only about $577,913 at 4% or $385,275 at 6%; with 50% employer match about $385,275 at 4% or $256,850 at 6%; with 100% employer match about $288,956 at 4% or $192,638 at 6%.
202014$2,193,522$303,512$75,878iApproximate average salary by contribution assumption: employee only about $1,896,950 at 4% or $1,264,633 at 6%; with 50% employer match about $1,264,633 at 4% or $843,089 at 6%; with 100% employer match about $948,475 at 4% or $632,317 at 6%.
Torre Financial Group 401(K) Plan-4$2,193,522$303,512$75,878iApproximate average salary by contribution assumption: employee only about $1,896,950 at 4% or $1,264,633 at 6%; with 50% employer match about $1,264,633 at 4% or $843,089 at 6%; with 100% employer match about $948,475 at 4% or $632,317 at 6%.
201914$1,529,480$151,225$37,806iApproximate average salary by contribution assumption: employee only about $945,156 at 4% or $630,104 at 6%; with 50% employer match about $630,104 at 4% or $420,069 at 6%; with 100% employer match about $472,578 at 4% or $315,052 at 6%.
Torre Financial Group 401(K) Plan-4$1,529,480$151,225$37,806iApproximate average salary by contribution assumption: employee only about $945,156 at 4% or $630,104 at 6%; with 50% employer match about $630,104 at 4% or $420,069 at 6%; with 100% employer match about $472,578 at 4% or $315,052 at 6%.
201814$1,090,261$169,901$42,475iApproximate average salary by contribution assumption: employee only about $1,061,881 at 4% or $707,921 at 6%; with 50% employer match about $707,921 at 4% or $471,947 at 6%; with 100% employer match about $530,941 at 4% or $353,960 at 6%.
Torre Financial Group 401(K) Plan-4$1,090,261$169,901$42,475iApproximate average salary by contribution assumption: employee only about $1,061,881 at 4% or $707,921 at 6%; with 50% employer match about $707,921 at 4% or $471,947 at 6%; with 100% employer match about $530,941 at 4% or $353,960 at 6%.
201715$996,939$139,034$27,807iApproximate average salary by contribution assumption: employee only about $695,170 at 4% or $463,447 at 6%; with 50% employer match about $463,447 at 4% or $308,964 at 6%; with 100% employer match about $347,585 at 4% or $231,723 at 6%.
Torre Financial Group 401(K) Plan-5$996,939$139,034$27,807iApproximate average salary by contribution assumption: employee only about $695,170 at 4% or $463,447 at 6%; with 50% employer match about $463,447 at 4% or $308,964 at 6%; with 100% employer match about $347,585 at 4% or $231,723 at 6%.
201614$696,201$130,565$32,641iApproximate average salary by contribution assumption: employee only about $816,031 at 4% or $544,021 at 6%; with 50% employer match about $544,021 at 4% or $362,681 at 6%; with 100% employer match about $408,016 at 4% or $272,010 at 6%.
Torre Financial Group 401(K) Plan-4$696,201$130,565$32,641iApproximate average salary by contribution assumption: employee only about $816,031 at 4% or $544,021 at 6%; with 50% employer match about $544,021 at 4% or $362,681 at 6%; with 100% employer match about $408,016 at 4% or $272,010 at 6%.
201515$544,234$113,957$22,791iApproximate average salary by contribution assumption: employee only about $569,785 at 4% or $379,857 at 6%; with 50% employer match about $379,857 at 4% or $253,238 at 6%; with 100% employer match about $284,893 at 4% or $189,928 at 6%.
Torre Financial Group 401(K) Plan-5$544,234$113,957$22,791iApproximate average salary by contribution assumption: employee only about $569,785 at 4% or $379,857 at 6%; with 50% employer match about $379,857 at 4% or $253,238 at 6%; with 100% employer match about $284,893 at 4% or $189,928 at 6%.
201415$428,933$185,447$37,089iApproximate average salary by contribution assumption: employee only about $927,235 at 4% or $618,157 at 6%; with 50% employer match about $618,157 at 4% or $412,104 at 6%; with 100% employer match about $463,618 at 4% or $309,078 at 6%.
Torre Financial Group 401(K) Plan-5$428,933$185,447$37,089iApproximate average salary by contribution assumption: employee only about $927,235 at 4% or $618,157 at 6%; with 50% employer match about $618,157 at 4% or $412,104 at 6%; with 100% employer match about $463,618 at 4% or $309,078 at 6%.
201314$209,063$105,940$26,485iApproximate average salary by contribution assumption: employee only about $662,125 at 4% or $441,417 at 6%; with 50% employer match about $441,417 at 4% or $294,278 at 6%; with 100% employer match about $331,063 at 4% or $220,708 at 6%.
Torre Financial Group 401(K) Plan-4$209,063$105,940$26,485iApproximate average salary by contribution assumption: employee only about $662,125 at 4% or $441,417 at 6%; with 50% employer match about $441,417 at 4% or $294,278 at 6%; with 100% employer match about $331,063 at 4% or $220,708 at 6%.
201214$65,788$62,543$15,636iApproximate average salary by contribution assumption: employee only about $390,894 at 4% or $260,596 at 6%; with 50% employer match about $260,596 at 4% or $173,731 at 6%; with 100% employer match about $195,447 at 4% or $130,298 at 6%.
Torre Financial Group 401(K) Plan-4$65,788$62,543$15,636iApproximate average salary by contribution assumption: employee only about $390,894 at 4% or $260,596 at 6%; with 50% employer match about $260,596 at 4% or $173,731 at 6%; with 100% employer match about $195,447 at 4% or $130,298 at 6%.