Civic Intelligence

Gregory L. Holmstrom

Plan context: Holmstrom and Kvam Profit Sharing Plan

EIN 41-0667931 • Granite Falls, MN • 26 filings • 4 plans

685 Prentice StPO Box 70Granite Falls, MN 56241-0070
Current Snapshot

Latest Year

2024

2024 Participants

6

2024 Assets

$5,651,806

2024 Contributions

$36,691

Historical Graphs

Total Assets Over Time

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

$5,651,806$2,825,903$0199920122024YearValue
$5,651,806Latest year 2024

Participants Over Time

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

740199920122024YearValue
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$5,651,806$36,691$6,115iApproximate average salary by contribution assumption: employee only about $152,879 at 4% or $101,919 at 6%; with 50% employer match about $101,919 at 4% or $67,946 at 6%; with 100% employer match about $76,440 at 4% or $50,960 at 6%.
Holmstrom and Kvam Profit Sharing Plan-6$5,651,806$36,691$6,115iApproximate average salary by contribution assumption: employee only about $152,879 at 4% or $101,919 at 6%; with 50% employer match about $101,919 at 4% or $67,946 at 6%; with 100% employer match about $76,440 at 4% or $50,960 at 6%.
202317$5,138,639$37,766$5,395iApproximate average salary by contribution assumption: employee only about $134,879 at 4% or $89,919 at 6%; with 50% employer match about $89,919 at 4% or $59,946 at 6%; with 100% employer match about $67,439 at 4% or $44,960 at 6%.
Holmstrom and Kvam Profit Sharing Plan-7$5,138,639$37,766$5,395iApproximate average salary by contribution assumption: employee only about $134,879 at 4% or $89,919 at 6%; with 50% employer match about $89,919 at 4% or $59,946 at 6%; with 100% employer match about $67,439 at 4% or $44,960 at 6%.
202217$4,561,158$40,191$5,742iApproximate average salary by contribution assumption: employee only about $143,539 at 4% or $95,693 at 6%; with 50% employer match about $95,693 at 4% or $63,795 at 6%; with 100% employer match about $71,770 at 4% or $47,846 at 6%.
Holmstrom and Kvam Profit Sharing Plan-7$4,561,158$40,191$5,742iApproximate average salary by contribution assumption: employee only about $143,539 at 4% or $95,693 at 6%; with 50% employer match about $95,693 at 4% or $63,795 at 6%; with 100% employer match about $71,770 at 4% or $47,846 at 6%.
202117$5,593,856$37,270$5,324iApproximate average salary by contribution assumption: employee only about $133,107 at 4% or $88,738 at 6%; with 50% employer match about $88,738 at 4% or $59,159 at 6%; with 100% employer match about $66,554 at 4% or $44,369 at 6%.
Holmstrom and Kvam Profit Sharing Plan-7$5,593,856$37,270$5,324iApproximate average salary by contribution assumption: employee only about $133,107 at 4% or $88,738 at 6%; with 50% employer match about $88,738 at 4% or $59,159 at 6%; with 100% employer match about $66,554 at 4% or $44,369 at 6%.
202016$5,067,703$39,118$6,520iApproximate average salary by contribution assumption: employee only about $162,992 at 4% or $108,661 at 6%; with 50% employer match about $108,661 at 4% or $72,441 at 6%; with 100% employer match about $81,496 at 4% or $54,331 at 6%.
Holmstrom and Kvam Profit Sharing Plan-6$5,067,703$39,118$6,520iApproximate average salary by contribution assumption: employee only about $162,992 at 4% or $108,661 at 6%; with 50% employer match about $108,661 at 4% or $72,441 at 6%; with 100% employer match about $81,496 at 4% or $54,331 at 6%.
201916$4,529,551$35,842$5,974iApproximate average salary by contribution assumption: employee only about $149,342 at 4% or $99,561 at 6%; with 50% employer match about $99,561 at 4% or $66,374 at 6%; with 100% employer match about $74,671 at 4% or $49,781 at 6%.
Holmstrom and Kvam Profit Sharing Plan-6$4,529,551$35,842$5,974iApproximate average salary by contribution assumption: employee only about $149,342 at 4% or $99,561 at 6%; with 50% employer match about $99,561 at 4% or $66,374 at 6%; with 100% employer match about $74,671 at 4% or $49,781 at 6%.
201816$3,875,332$40,836$6,806iApproximate average salary by contribution assumption: employee only about $170,150 at 4% or $113,433 at 6%; with 50% employer match about $113,433 at 4% or $75,622 at 6%; with 100% employer match about $85,075 at 4% or $56,717 at 6%.
Holmstrom and Kvam Profit Sharing Plan-6$3,875,332$40,836$6,806iApproximate average salary by contribution assumption: employee only about $170,150 at 4% or $113,433 at 6%; with 50% employer match about $113,433 at 4% or $75,622 at 6%; with 100% employer match about $85,075 at 4% or $56,717 at 6%.
201716$4,185,914$58,420$9,737iApproximate average salary by contribution assumption: employee only about $243,417 at 4% or $162,278 at 6%; with 50% employer match about $162,278 at 4% or $108,185 at 6%; with 100% employer match about $121,708 at 4% or $81,139 at 6%.
Holmstrom and Kvam Profit Sharing Plan-6$4,185,914$58,420$9,737iApproximate average salary by contribution assumption: employee only about $243,417 at 4% or $162,278 at 6%; with 50% employer match about $162,278 at 4% or $108,185 at 6%; with 100% employer match about $121,708 at 4% or $81,139 at 6%.
201616$3,551,620$55,693$9,282iApproximate average salary by contribution assumption: employee only about $232,054 at 4% or $154,703 at 6%; with 50% employer match about $154,703 at 4% or $103,135 at 6%; with 100% employer match about $116,027 at 4% or $77,351 at 6%.
Holmstrom and Kvam Profit Sharing Plan-6$3,551,620$55,693$9,282iApproximate average salary by contribution assumption: employee only about $232,054 at 4% or $154,703 at 6%; with 50% employer match about $154,703 at 4% or $103,135 at 6%; with 100% employer match about $116,027 at 4% or $77,351 at 6%.
201514$3,221,104$50,319$12,580iApproximate average salary by contribution assumption: employee only about $314,494 at 4% or $209,663 at 6%; with 50% employer match about $209,663 at 4% or $139,775 at 6%; with 100% employer match about $157,247 at 4% or $104,831 at 6%.
Holmstrom and Kvam Profit Sharing Plan-4$3,221,104$50,319$12,580iApproximate average salary by contribution assumption: employee only about $314,494 at 4% or $209,663 at 6%; with 50% employer match about $209,663 at 4% or $139,775 at 6%; with 100% employer match about $157,247 at 4% or $104,831 at 6%.
201414$3,203,543$50,319$12,580iApproximate average salary by contribution assumption: employee only about $314,494 at 4% or $209,663 at 6%; with 50% employer match about $209,663 at 4% or $139,775 at 6%; with 100% employer match about $157,247 at 4% or $104,831 at 6%.
Holmstrom and Kvam Profit Sharing Plan-4$3,203,543$50,319$12,580iApproximate average salary by contribution assumption: employee only about $314,494 at 4% or $209,663 at 6%; with 50% employer match about $209,663 at 4% or $139,775 at 6%; with 100% employer match about $157,247 at 4% or $104,831 at 6%.
201314$2,954,407$47,862$11,966iApproximate average salary by contribution assumption: employee only about $299,138 at 4% or $199,425 at 6%; with 50% employer match about $199,425 at 4% or $132,950 at 6%; with 100% employer match about $149,569 at 4% or $99,713 at 6%.
Holmstrom and Kvam Profit Sharing Plan-4$2,954,407$47,862$11,966iApproximate average salary by contribution assumption: employee only about $299,138 at 4% or $199,425 at 6%; with 50% employer match about $199,425 at 4% or $132,950 at 6%; with 100% employer match about $149,569 at 4% or $99,713 at 6%.
201214$2,373,936$47,602$11,901iApproximate average salary by contribution assumption: employee only about $297,513 at 4% or $198,342 at 6%; with 50% employer match about $198,342 at 4% or $132,228 at 6%; with 100% employer match about $148,756 at 4% or $99,171 at 6%.
Holmstrom and Kvam Profit Sharing Plan-4$2,373,936$47,602$11,901iApproximate average salary by contribution assumption: employee only about $297,513 at 4% or $198,342 at 6%; with 50% employer match about $198,342 at 4% or $132,228 at 6%; with 100% employer match about $148,756 at 4% or $99,171 at 6%.
201114$2,132,580$47,472$11,868iApproximate average salary by contribution assumption: employee only about $296,700 at 4% or $197,800 at 6%; with 50% employer match about $197,800 at 4% or $131,867 at 6%; with 100% employer match about $148,350 at 4% or $98,900 at 6%.
Holmstrom and Kvam Profit Sharing Plan-4$2,132,580$47,472$11,868iApproximate average salary by contribution assumption: employee only about $296,700 at 4% or $197,800 at 6%; with 50% employer match about $197,800 at 4% or $131,867 at 6%; with 100% employer match about $148,350 at 4% or $98,900 at 6%.
201014$2,075,248$47,472$11,868iApproximate average salary by contribution assumption: employee only about $296,700 at 4% or $197,800 at 6%; with 50% employer match about $197,800 at 4% or $131,867 at 6%; with 100% employer match about $148,350 at 4% or $98,900 at 6%.
Holmstrom and Kvam Profit Sharing Plan-4$2,075,248$47,472$11,868iApproximate average salary by contribution assumption: employee only about $296,700 at 4% or $197,800 at 6%; with 50% employer match about $197,800 at 4% or $131,867 at 6%; with 100% employer match about $148,350 at 4% or $98,900 at 6%.
200914$1,877,053$47,472$11,868iApproximate average salary by contribution assumption: employee only about $296,700 at 4% or $197,800 at 6%; with 50% employer match about $197,800 at 4% or $131,867 at 6%; with 100% employer match about $148,350 at 4% or $98,900 at 6%.
Holmstrom and Kvam Profit Sharing Plan-4$1,877,053$47,472$11,868iApproximate average salary by contribution assumption: employee only about $296,700 at 4% or $197,800 at 6%; with 50% employer match about $197,800 at 4% or $131,867 at 6%; with 100% employer match about $148,350 at 4% or $98,900 at 6%.
200814$1,566,619$47,309$11,827iApproximate average salary by contribution assumption: employee only about $295,681 at 4% or $197,121 at 6%; with 50% employer match about $197,121 at 4% or $131,414 at 6%; with 100% employer match about $147,841 at 4% or $98,560 at 6%.
Holmstrom and Kvam Profit Sharing Plan-4$1,566,619$47,309$11,827iApproximate average salary by contribution assumption: employee only about $295,681 at 4% or $197,121 at 6%; with 50% employer match about $197,121 at 4% or $131,414 at 6%; with 100% employer match about $147,841 at 4% or $98,560 at 6%.
200714$0$0-
Holmstrom and Kvam Profit Sharing Plan-4---
200614$1,932,672$46,570$11,643iApproximate average salary by contribution assumption: employee only about $291,063 at 4% or $194,042 at 6%; with 50% employer match about $194,042 at 4% or $129,361 at 6%; with 100% employer match about $145,531 at 4% or $97,021 at 6%.
Holmstrom and Kvam Profit Sharing Plan-4$1,932,672$46,570$11,643iApproximate average salary by contribution assumption: employee only about $291,063 at 4% or $194,042 at 6%; with 50% employer match about $194,042 at 4% or $129,361 at 6%; with 100% employer match about $145,531 at 4% or $97,021 at 6%.
200514$1,731,209$46,166$11,542iApproximate average salary by contribution assumption: employee only about $288,538 at 4% or $192,358 at 6%; with 50% employer match about $192,358 at 4% or $128,239 at 6%; with 100% employer match about $144,269 at 4% or $96,179 at 6%.
Holmstrom and Kvam Profit Sharing Plan-4$1,731,209$46,166$11,542iApproximate average salary by contribution assumption: employee only about $288,538 at 4% or $192,358 at 6%; with 50% employer match about $192,358 at 4% or $128,239 at 6%; with 100% employer match about $144,269 at 4% or $96,179 at 6%.
200414$1,619,870$46,346$11,587iApproximate average salary by contribution assumption: employee only about $289,663 at 4% or $193,108 at 6%; with 50% employer match about $193,108 at 4% or $128,739 at 6%; with 100% employer match about $144,831 at 4% or $96,554 at 6%.
Holmstrom and Kvam Profit Sharing Plan-4$1,619,870$46,346$11,587iApproximate average salary by contribution assumption: employee only about $289,663 at 4% or $193,108 at 6%; with 50% employer match about $193,108 at 4% or $128,739 at 6%; with 100% employer match about $144,831 at 4% or $96,554 at 6%.
200314$1,459,273$46,172$11,543iApproximate average salary by contribution assumption: employee only about $288,575 at 4% or $192,383 at 6%; with 50% employer match about $192,383 at 4% or $128,256 at 6%; with 100% employer match about $144,288 at 4% or $96,192 at 6%.
Holmstrom and Kvam Profit Sharing Plan-4$1,459,273$46,172$11,543iApproximate average salary by contribution assumption: employee only about $288,575 at 4% or $192,383 at 6%; with 50% employer match about $192,383 at 4% or $128,256 at 6%; with 100% employer match about $144,288 at 4% or $96,192 at 6%.
200215$1,175,191$45,865$9,173iApproximate average salary by contribution assumption: employee only about $229,325 at 4% or $152,883 at 6%; with 50% employer match about $152,883 at 4% or $101,922 at 6%; with 100% employer match about $114,663 at 4% or $76,442 at 6%.
Holmstrom and Kvam Profit Sharing Plan-5$1,175,191$45,865$9,173iApproximate average salary by contribution assumption: employee only about $229,325 at 4% or $152,883 at 6%; with 50% employer match about $152,883 at 4% or $101,922 at 6%; with 100% employer match about $114,663 at 4% or $76,442 at 6%.
200115$1,247,324$43,227$8,645iApproximate average salary by contribution assumption: employee only about $216,135 at 4% or $144,090 at 6%; with 50% employer match about $144,090 at 4% or $96,060 at 6%; with 100% employer match about $108,068 at 4% or $72,045 at 6%.
Holmstrom and Kvam Profit Sharing Plan-5$1,247,324$43,227$8,645iApproximate average salary by contribution assumption: employee only about $216,135 at 4% or $144,090 at 6%; with 50% employer match about $144,090 at 4% or $96,060 at 6%; with 100% employer match about $108,068 at 4% or $72,045 at 6%.
200014$1,200,809$41,062$10,266iApproximate average salary by contribution assumption: employee only about $256,638 at 4% or $171,092 at 6%; with 50% employer match about $171,092 at 4% or $114,061 at 6%; with 100% employer match about $128,319 at 4% or $85,546 at 6%.
Holmstrom and Kvam Profit Sharing Plan-4$1,200,809$41,062$10,266iApproximate average salary by contribution assumption: employee only about $256,638 at 4% or $171,092 at 6%; with 50% employer match about $171,092 at 4% or $114,061 at 6%; with 100% employer match about $128,319 at 4% or $85,546 at 6%.
199913$1,165,703$38,799$12,933iApproximate average salary by contribution assumption: employee only about $323,325 at 4% or $215,550 at 6%; with 50% employer match about $215,550 at 4% or $143,700 at 6%; with 100% employer match about $161,663 at 4% or $107,775 at 6%.
Holmstrom and Kvam Profit Sharing Plan-3$1,165,703$38,799$12,933iApproximate average salary by contribution assumption: employee only about $323,325 at 4% or $215,550 at 6%; with 50% employer match about $215,550 at 4% or $143,700 at 6%; with 100% employer match about $161,663 at 4% or $107,775 at 6%.