Civic Intelligence

Sherman Law Group PC.

Plan context: SHERMAN LAW GROUP, P.C. 401K RETIREMENT PLAN AND TRUST

EIN 38-3573260 • Franklin, MI • 18 filings • 5 plans

26111 W 14 Mile Rd Ste 104Franklin, MI 48025-1170
Current Snapshot

Latest Year

2023

2023 Participants

3

2023 Assets

$227,678

2023 Contributions

$71,686

Historical Graphs

Total Assets Over Time

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

$358,363$179,182$0200420142022YearValue
$227,678Latest year 2022

Participants Over Time

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

320200420152022YearValue
3Latest year 2022

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
202310$0$0-
SHERMAN LAW GROUP, P.C. 401K RETIREMENT PLAN AND TRUST-0$0$0-
202213$227,678$71,686$23,895iApproximate average salary by contribution assumption: employee only about $597,383 at 4% or $398,256 at 6%; with 50% employer match about $398,256 at 4% or $265,504 at 6%; with 100% employer match about $298,692 at 4% or $199,128 at 6%.
SHERMAN LAW GROUP, P.C. 401K RETIREMENT PLAN AND TRUST-3$227,678$71,686$23,895iApproximate average salary by contribution assumption: employee only about $597,383 at 4% or $398,256 at 6%; with 50% employer match about $398,256 at 4% or $265,504 at 6%; with 100% employer match about $298,692 at 4% or $199,128 at 6%.
202113$245,910$131,016$43,672iApproximate average salary by contribution assumption: employee only about $1,091,800 at 4% or $727,867 at 6%; with 50% employer match about $727,867 at 4% or $485,244 at 6%; with 100% employer match about $545,900 at 4% or $363,933 at 6%.
SHERMAN LAW GROUP, P.C. 401K RETIREMENT PLAN AND TRUST-3$245,910$131,016$43,672iApproximate average salary by contribution assumption: employee only about $1,091,800 at 4% or $727,867 at 6%; with 50% employer match about $727,867 at 4% or $485,244 at 6%; with 100% employer match about $545,900 at 4% or $363,933 at 6%.
202012$145,500$84,000$42,000iApproximate average salary by contribution assumption: employee only about $1,050,000 at 4% or $700,000 at 6%; with 50% employer match about $700,000 at 4% or $466,667 at 6%; with 100% employer match about $525,000 at 4% or $350,000 at 6%.
SHERMAN LAW GROUP, P.C. 401K RETIREMENT PLAN AND TRUST-2$145,500$84,000$42,000iApproximate average salary by contribution assumption: employee only about $1,050,000 at 4% or $700,000 at 6%; with 50% employer match about $700,000 at 4% or $466,667 at 6%; with 100% employer match about $525,000 at 4% or $350,000 at 6%.
201922$118,178$112,000$56,000iApproximate average salary by contribution assumption: employee only about $1,400,000 at 4% or $933,333 at 6%; with 50% employer match about $933,333 at 4% or $622,222 at 6%; with 100% employer match about $700,000 at 4% or $466,667 at 6%.
SHERMAN LAW GROUP, P.C. 401K RETIREMENT PLAN AND TRUST-2$118,178$112,000$56,000iApproximate average salary by contribution assumption: employee only about $1,400,000 at 4% or $933,333 at 6%; with 50% employer match about $933,333 at 4% or $622,222 at 6%; with 100% employer match about $700,000 at 4% or $466,667 at 6%.
Sherman Law Group Profit Sharing Plan-0$0--
201812$320,001$12,750$6,375iApproximate average salary by contribution assumption: employee only about $159,375 at 4% or $106,250 at 6%; with 50% employer match about $106,250 at 4% or $70,833 at 6%; with 100% employer match about $79,688 at 4% or $53,125 at 6%.
Sherman Law Group Profit Sharing Plan-2$320,001$12,750$6,375iApproximate average salary by contribution assumption: employee only about $159,375 at 4% or $106,250 at 6%; with 50% employer match about $106,250 at 4% or $70,833 at 6%; with 100% employer match about $79,688 at 4% or $53,125 at 6%.
201712$0$0-
Sherman Law Group Profit Sharing Plan-2---
201612$0$0-
Sherman Law Group Profit Sharing Plan-2---
201512$332,811$22,212$11,106iApproximate average salary by contribution assumption: employee only about $277,650 at 4% or $185,100 at 6%; with 50% employer match about $185,100 at 4% or $123,400 at 6%; with 100% employer match about $138,825 at 4% or $92,550 at 6%.
Sherman Law Group Profit Sharing Plan-2$332,811$22,212$11,106iApproximate average salary by contribution assumption: employee only about $277,650 at 4% or $185,100 at 6%; with 50% employer match about $185,100 at 4% or $123,400 at 6%; with 100% employer match about $138,825 at 4% or $92,550 at 6%.
201412$332,811$19,123$9,562iApproximate average salary by contribution assumption: employee only about $239,038 at 4% or $159,358 at 6%; with 50% employer match about $159,358 at 4% or $106,239 at 6%; with 100% employer match about $119,519 at 4% or $79,679 at 6%.
Sherman Law Group Profit Sharing Plan-2$332,811$19,123$9,562iApproximate average salary by contribution assumption: employee only about $239,038 at 4% or $159,358 at 6%; with 50% employer match about $159,358 at 4% or $106,239 at 6%; with 100% employer match about $119,519 at 4% or $79,679 at 6%.
201312$358,363$28,000$14,000iApproximate average salary by contribution assumption: employee only about $350,000 at 4% or $233,333 at 6%; with 50% employer match about $233,333 at 4% or $155,556 at 6%; with 100% employer match about $175,000 at 4% or $116,667 at 6%.
Sherman Law Group Profit Sharing Plan-2$358,363$28,000$14,000iApproximate average salary by contribution assumption: employee only about $350,000 at 4% or $233,333 at 6%; with 50% employer match about $233,333 at 4% or $155,556 at 6%; with 100% employer match about $175,000 at 4% or $116,667 at 6%.
201112$317,612$21,424$10,712iApproximate average salary by contribution assumption: employee only about $267,800 at 4% or $178,533 at 6%; with 50% employer match about $178,533 at 4% or $119,022 at 6%; with 100% employer match about $133,900 at 4% or $89,267 at 6%.
Sherman Law Group Profit Sharing Plan-2$317,612$21,424$10,712iApproximate average salary by contribution assumption: employee only about $267,800 at 4% or $178,533 at 6%; with 50% employer match about $178,533 at 4% or $119,022 at 6%; with 100% employer match about $133,900 at 4% or $89,267 at 6%.
200912$240,671$20,000$10,000iApproximate average salary by contribution assumption: employee only about $250,000 at 4% or $166,667 at 6%; with 50% employer match about $166,667 at 4% or $111,111 at 6%; with 100% employer match about $125,000 at 4% or $83,333 at 6%.
Sherman Law Group Profit Sharing Plan-2$240,671$20,000$10,000iApproximate average salary by contribution assumption: employee only about $250,000 at 4% or $166,667 at 6%; with 50% employer match about $166,667 at 4% or $111,111 at 6%; with 100% employer match about $125,000 at 4% or $83,333 at 6%.
200812$99,580$23,000$11,500iApproximate average salary by contribution assumption: employee only about $287,500 at 4% or $191,667 at 6%; with 50% employer match about $191,667 at 4% or $127,778 at 6%; with 100% employer match about $143,750 at 4% or $95,833 at 6%.
Sherman Law Group Profit Sharing Plan-2$99,580$23,000$11,500iApproximate average salary by contribution assumption: employee only about $287,500 at 4% or $191,667 at 6%; with 50% employer match about $191,667 at 4% or $127,778 at 6%; with 100% employer match about $143,750 at 4% or $95,833 at 6%.
200712$173,395$31,000$15,500iApproximate average salary by contribution assumption: employee only about $387,500 at 4% or $258,333 at 6%; with 50% employer match about $258,333 at 4% or $172,222 at 6%; with 100% employer match about $193,750 at 4% or $129,167 at 6%.
Sherman Law Group Profit Sharing Plan-2$173,395$31,000$15,500iApproximate average salary by contribution assumption: employee only about $387,500 at 4% or $258,333 at 6%; with 50% employer match about $258,333 at 4% or $172,222 at 6%; with 100% employer match about $193,750 at 4% or $129,167 at 6%.
200612$173,629$83,500$41,750iApproximate average salary by contribution assumption: employee only about $1,043,750 at 4% or $695,833 at 6%; with 50% employer match about $695,833 at 4% or $463,889 at 6%; with 100% employer match about $521,875 at 4% or $347,917 at 6%.
Sherman Law Group Profit Sharing Plan-2$173,629$83,500$41,750iApproximate average salary by contribution assumption: employee only about $1,043,750 at 4% or $695,833 at 6%; with 50% employer match about $695,833 at 4% or $463,889 at 6%; with 100% employer match about $521,875 at 4% or $347,917 at 6%.
200412$16,303$12,000$6,000iApproximate average salary by contribution assumption: employee only about $150,000 at 4% or $100,000 at 6%; with 50% employer match about $100,000 at 4% or $66,667 at 6%; with 100% employer match about $75,000 at 4% or $50,000 at 6%.
Sherman Law Group Profit Sharing Plan-2$16,303$12,000$6,000iApproximate average salary by contribution assumption: employee only about $150,000 at 4% or $100,000 at 6%; with 50% employer match about $100,000 at 4% or $66,667 at 6%; with 100% employer match about $75,000 at 4% or $50,000 at 6%.