Civic Intelligence

Kenneth A Finlay Inc.

Plan context: Somerset Insurance Agency 401(K)

EIN 38-3559772 • Rochester, MI • 16 filings • 2 plans

827 N. Main StreetRochester, MI 48307
Current Snapshot

Latest Year

2024

2024 Participants

6

2024 Assets

$2,036,328

2024 Contributions

$100,302

Historical Graphs

Total Assets Over Time

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

$2,036,328$1,018,164$0200920172024YearValue
$2,036,328Latest year 2024

Participants Over Time

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

740200920172024YearValue
6Latest 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
202416$2,036,328$100,302$16,717iApproximate average salary by contribution assumption: employee only about $417,925 at 4% or $278,617 at 6%; with 50% employer match about $278,617 at 4% or $185,744 at 6%; with 100% employer match about $208,963 at 4% or $139,308 at 6%.
Somerset Insurance Agency 401(K)-6$2,036,328$100,302$16,717iApproximate average salary by contribution assumption: employee only about $417,925 at 4% or $278,617 at 6%; with 50% employer match about $278,617 at 4% or $185,744 at 6%; with 100% employer match about $208,963 at 4% or $139,308 at 6%.
202315$1,680,258$98,459$19,692iApproximate average salary by contribution assumption: employee only about $492,295 at 4% or $328,197 at 6%; with 50% employer match about $328,197 at 4% or $218,798 at 6%; with 100% employer match about $246,148 at 4% or $164,098 at 6%.
Somerset Insurance Agency 401(K)-5$1,680,258$98,459$19,692iApproximate average salary by contribution assumption: employee only about $492,295 at 4% or $328,197 at 6%; with 50% employer match about $328,197 at 4% or $218,798 at 6%; with 100% employer match about $246,148 at 4% or $164,098 at 6%.
202216$1,379,208$94,509$15,752iApproximate average salary by contribution assumption: employee only about $393,788 at 4% or $262,525 at 6%; with 50% employer match about $262,525 at 4% or $175,017 at 6%; with 100% employer match about $196,894 at 4% or $131,263 at 6%.
Somerset Insurance Agency 401(K)-6$1,379,208$94,509$15,752iApproximate average salary by contribution assumption: employee only about $393,788 at 4% or $262,525 at 6%; with 50% employer match about $262,525 at 4% or $175,017 at 6%; with 100% employer match about $196,894 at 4% or $131,263 at 6%.
202116$1,584,708$91,687$15,281iApproximate average salary by contribution assumption: employee only about $382,029 at 4% or $254,686 at 6%; with 50% employer match about $254,686 at 4% or $169,791 at 6%; with 100% employer match about $191,015 at 4% or $127,343 at 6%.
Somerset Insurance Agency 401(K)-6$1,584,708$91,687$15,281iApproximate average salary by contribution assumption: employee only about $382,029 at 4% or $254,686 at 6%; with 50% employer match about $254,686 at 4% or $169,791 at 6%; with 100% employer match about $191,015 at 4% or $127,343 at 6%.
202016$1,268,560$78,870$13,145iApproximate average salary by contribution assumption: employee only about $328,625 at 4% or $219,083 at 6%; with 50% employer match about $219,083 at 4% or $146,056 at 6%; with 100% employer match about $164,313 at 4% or $109,542 at 6%.
Somerset Insurance Agency 401(K)-6$1,268,560$78,870$13,145iApproximate average salary by contribution assumption: employee only about $328,625 at 4% or $219,083 at 6%; with 50% employer match about $219,083 at 4% or $146,056 at 6%; with 100% employer match about $164,313 at 4% or $109,542 at 6%.
201916$1,018,810$79,257$13,210iApproximate average salary by contribution assumption: employee only about $330,238 at 4% or $220,158 at 6%; with 50% employer match about $220,158 at 4% or $146,772 at 6%; with 100% employer match about $165,119 at 4% or $110,079 at 6%.
Somerset Insurance Agency 401(K)-6$1,018,810$79,257$13,210iApproximate average salary by contribution assumption: employee only about $330,238 at 4% or $220,158 at 6%; with 50% employer match about $220,158 at 4% or $146,772 at 6%; with 100% employer match about $165,119 at 4% or $110,079 at 6%.
201816$747,004$75,189$12,532iApproximate average salary by contribution assumption: employee only about $313,288 at 4% or $208,858 at 6%; with 50% employer match about $208,858 at 4% or $139,239 at 6%; with 100% employer match about $156,644 at 4% or $104,429 at 6%.
Somerset Insurance Agency 401(K)-6$747,004$75,189$12,532iApproximate average salary by contribution assumption: employee only about $313,288 at 4% or $208,858 at 6%; with 50% employer match about $208,858 at 4% or $139,239 at 6%; with 100% employer match about $156,644 at 4% or $104,429 at 6%.
201716$740,515$68,851$11,475iApproximate average salary by contribution assumption: employee only about $286,879 at 4% or $191,253 at 6%; with 50% employer match about $191,253 at 4% or $127,502 at 6%; with 100% employer match about $143,440 at 4% or $95,626 at 6%.
Somerset Insurance Agency 401(K)-6$740,515$68,851$11,475iApproximate average salary by contribution assumption: employee only about $286,879 at 4% or $191,253 at 6%; with 50% employer match about $191,253 at 4% or $127,502 at 6%; with 100% employer match about $143,440 at 4% or $95,626 at 6%.
201616$552,440$68,197$11,366iApproximate average salary by contribution assumption: employee only about $284,154 at 4% or $189,436 at 6%; with 50% employer match about $189,436 at 4% or $126,291 at 6%; with 100% employer match about $142,077 at 4% or $94,718 at 6%.
Somerset Insurance Agency 401(K)-6$552,440$68,197$11,366iApproximate average salary by contribution assumption: employee only about $284,154 at 4% or $189,436 at 6%; with 50% employer match about $189,436 at 4% or $126,291 at 6%; with 100% employer match about $142,077 at 4% or $94,718 at 6%.
201517$475,051$67,597$9,657iApproximate average salary by contribution assumption: employee only about $241,418 at 4% or $160,945 at 6%; with 50% employer match about $160,945 at 4% or $107,297 at 6%; with 100% employer match about $120,709 at 4% or $80,473 at 6%.
Somerset Insurance Agency 401(K)-7$475,051$67,597$9,657iApproximate average salary by contribution assumption: employee only about $241,418 at 4% or $160,945 at 6%; with 50% employer match about $160,945 at 4% or $107,297 at 6%; with 100% employer match about $120,709 at 4% or $80,473 at 6%.
201417$413,779$60,001$8,572iApproximate average salary by contribution assumption: employee only about $214,289 at 4% or $142,860 at 6%; with 50% employer match about $142,860 at 4% or $95,240 at 6%; with 100% employer match about $107,145 at 4% or $71,430 at 6%.
Somerset Insurance Agency 401(K)-7$413,779$60,001$8,572iApproximate average salary by contribution assumption: employee only about $214,289 at 4% or $142,860 at 6%; with 50% employer match about $142,860 at 4% or $95,240 at 6%; with 100% employer match about $107,145 at 4% or $71,430 at 6%.
201316$334,310$54,461$9,077iApproximate average salary by contribution assumption: employee only about $226,921 at 4% or $151,281 at 6%; with 50% employer match about $151,281 at 4% or $100,854 at 6%; with 100% employer match about $113,460 at 4% or $75,640 at 6%.
Somerset Insurance Agency 401(K)-6$334,310$54,461$9,077iApproximate average salary by contribution assumption: employee only about $226,921 at 4% or $151,281 at 6%; with 50% employer match about $151,281 at 4% or $100,854 at 6%; with 100% employer match about $113,460 at 4% or $75,640 at 6%.
201216$244,200$53,552$8,925iApproximate average salary by contribution assumption: employee only about $223,133 at 4% or $148,756 at 6%; with 50% employer match about $148,756 at 4% or $99,170 at 6%; with 100% employer match about $111,567 at 4% or $74,378 at 6%.
Somerset Insurance Agency 401(K)-6$244,200$53,552$8,925iApproximate average salary by contribution assumption: employee only about $223,133 at 4% or $148,756 at 6%; with 50% employer match about $148,756 at 4% or $99,170 at 6%; with 100% employer match about $111,567 at 4% or $74,378 at 6%.
201117$170,328$55,020$7,860iApproximate average salary by contribution assumption: employee only about $196,500 at 4% or $131,000 at 6%; with 50% employer match about $131,000 at 4% or $87,333 at 6%; with 100% employer match about $98,250 at 4% or $65,500 at 6%.
Somerset Insurance Agency 401(K)-7$170,328$55,020$7,860iApproximate average salary by contribution assumption: employee only about $196,500 at 4% or $131,000 at 6%; with 50% employer match about $131,000 at 4% or $87,333 at 6%; with 100% employer match about $98,250 at 4% or $65,500 at 6%.
201016$124,819$54,091$9,015iApproximate average salary by contribution assumption: employee only about $225,379 at 4% or $150,253 at 6%; with 50% employer match about $150,253 at 4% or $100,169 at 6%; with 100% employer match about $112,690 at 4% or $75,126 at 6%.
Somerset Insurance Agency 401(K)-6$124,819$54,091$9,015iApproximate average salary by contribution assumption: employee only about $225,379 at 4% or $150,253 at 6%; with 50% employer match about $150,253 at 4% or $100,169 at 6%; with 100% employer match about $112,690 at 4% or $75,126 at 6%.
200916$55,036$47,698$7,950iApproximate average salary by contribution assumption: employee only about $198,742 at 4% or $132,494 at 6%; with 50% employer match about $132,494 at 4% or $88,330 at 6%; with 100% employer match about $99,371 at 4% or $66,247 at 6%.
Somerset Insurance Agency 401(K)-6$55,036$47,698$7,950iApproximate average salary by contribution assumption: employee only about $198,742 at 4% or $132,494 at 6%; with 50% employer match about $132,494 at 4% or $88,330 at 6%; with 100% employer match about $99,371 at 4% or $66,247 at 6%.