Civic Intelligence

Solomon Optical Company Inc

Plan context: Solomon Optical Company Inc - Profit Sharing Plan & Trust

EIN 41-0900858 • Minneapolis, MN • 19 filings • 4 plans

120 S 6th St Ste 217Minneapolis, MN 55402-1855
Current Snapshot

Latest Year

2020

2020 Participants

1

2020 Assets

$1,583,408

2020 Contributions

$230,862

Historical Graphs

Total Assets Over Time

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

$1,583,408$791,704$0200920152020YearValue
$1,583,408Latest year 2020

Participants Over Time

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

210200020122020YearValue
1Latest year 2020

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
202011$1,583,408$230,862$230,862iApproximate average salary by contribution assumption: employee only about $5,771,550 at 4% or $3,847,700 at 6%; with 50% employer match about $3,847,700 at 4% or $2,565,133 at 6%; with 100% employer match about $2,885,775 at 4% or $1,923,850 at 6%.
Solomon Optical Company Inc - Profit Sharing Plan & Trust-1$1,583,408$230,862$230,862iApproximate average salary by contribution assumption: employee only about $5,771,550 at 4% or $3,847,700 at 6%; with 50% employer match about $3,847,700 at 4% or $2,565,133 at 6%; with 100% employer match about $2,885,775 at 4% or $1,923,850 at 6%.
201911$1,517,124$89,080$89,080iApproximate average salary by contribution assumption: employee only about $2,227,000 at 4% or $1,484,667 at 6%; with 50% employer match about $1,484,667 at 4% or $989,778 at 6%; with 100% employer match about $1,113,500 at 4% or $742,333 at 6%.
Solomon Optical Company Inc - Profit Sharing Plan & Trust-1$1,517,124$89,080$89,080iApproximate average salary by contribution assumption: employee only about $2,227,000 at 4% or $1,484,667 at 6%; with 50% employer match about $1,484,667 at 4% or $989,778 at 6%; with 100% employer match about $1,113,500 at 4% or $742,333 at 6%.
201811$1,413,537$117,868$117,868iApproximate average salary by contribution assumption: employee only about $2,946,700 at 4% or $1,964,467 at 6%; with 50% employer match about $1,964,467 at 4% or $1,309,644 at 6%; with 100% employer match about $1,473,350 at 4% or $982,233 at 6%.
Solomon Optical Company Inc - Profit Sharing Plan & Trust-1$1,413,537$117,868$117,868iApproximate average salary by contribution assumption: employee only about $2,946,700 at 4% or $1,964,467 at 6%; with 50% employer match about $1,964,467 at 4% or $1,309,644 at 6%; with 100% employer match about $1,473,350 at 4% or $982,233 at 6%.
201711$1,277,199$0-
Solomon Optical Company Inc - Profit Sharing Plan & Trust-1$1,277,199--
201611$1,301,955$159,433$159,433iApproximate average salary by contribution assumption: employee only about $3,985,825 at 4% or $2,657,217 at 6%; with 50% employer match about $2,657,217 at 4% or $1,771,478 at 6%; with 100% employer match about $1,992,913 at 4% or $1,328,608 at 6%.
Solomon Optical Company Inc - Profit Sharing Plan & Trust-1$1,301,955$159,433$159,433iApproximate average salary by contribution assumption: employee only about $3,985,825 at 4% or $2,657,217 at 6%; with 50% employer match about $2,657,217 at 4% or $1,771,478 at 6%; with 100% employer match about $1,992,913 at 4% or $1,328,608 at 6%.
201511$1,134,306$41,768$41,768iApproximate average salary by contribution assumption: employee only about $1,044,200 at 4% or $696,133 at 6%; with 50% employer match about $696,133 at 4% or $464,089 at 6%; with 100% employer match about $522,100 at 4% or $348,067 at 6%.
SOLOMON OPTICAL COMPANY INC - PROFIT SHARING PLAN & TRUST-1$1,134,306$41,768$41,768iApproximate average salary by contribution assumption: employee only about $1,044,200 at 4% or $696,133 at 6%; with 50% employer match about $696,133 at 4% or $464,089 at 6%; with 100% employer match about $522,100 at 4% or $348,067 at 6%.
201412$1,089,847$0-
SOLOMON OPTICAL COMPANY INC - PROFIT SHARING PLAN & TRUST-2$1,089,847--
201312$1,092,319$79,116$39,558iApproximate average salary by contribution assumption: employee only about $988,950 at 4% or $659,300 at 6%; with 50% employer match about $659,300 at 4% or $439,533 at 6%; with 100% employer match about $494,475 at 4% or $329,650 at 6%.
SOLOMON OPTICAL COMPANY INC - PROFIT SHARING PLAN & TRUST-2$1,092,319$79,116$39,558iApproximate average salary by contribution assumption: employee only about $988,950 at 4% or $659,300 at 6%; with 50% employer match about $659,300 at 4% or $439,533 at 6%; with 100% employer match about $494,475 at 4% or $329,650 at 6%.
201212$1,008,437$150,800$75,400iApproximate average salary by contribution assumption: employee only about $1,885,000 at 4% or $1,256,667 at 6%; with 50% employer match about $1,256,667 at 4% or $837,778 at 6%; with 100% employer match about $942,500 at 4% or $628,333 at 6%.
SOLOMON OPTICAL COMPANY INC - PROFIT SHARING PLAN & TRUST-2$1,008,437$150,800$75,400iApproximate average salary by contribution assumption: employee only about $1,885,000 at 4% or $1,256,667 at 6%; with 50% employer match about $1,256,667 at 4% or $837,778 at 6%; with 100% employer match about $942,500 at 4% or $628,333 at 6%.
201122$1,537,436$233,312$116,656iApproximate average salary by contribution assumption: employee only about $2,916,400 at 4% or $1,944,267 at 6%; with 50% employer match about $1,944,267 at 4% or $1,296,178 at 6%; with 100% employer match about $1,458,200 at 4% or $972,133 at 6%.
SOLOMON OPTICAL COMPANY INC - PROFIT SHARING PLAN & TRUST-2$865,523$93,343$46,672iApproximate average salary by contribution assumption: employee only about $1,166,788 at 4% or $777,858 at 6%; with 50% employer match about $777,858 at 4% or $518,572 at 6%; with 100% employer match about $583,394 at 4% or $388,929 at 6%.
Solomon Optical Company Inc - Profit Sharing Plan & Trust-2$671,913$139,969$69,985iApproximate average salary by contribution assumption: employee only about $1,749,613 at 4% or $1,166,408 at 6%; with 50% employer match about $1,166,408 at 4% or $777,606 at 6%; with 100% employer match about $874,806 at 4% or $583,204 at 6%.
201012$779,285$28,485$14,243iApproximate average salary by contribution assumption: employee only about $356,063 at 4% or $237,375 at 6%; with 50% employer match about $237,375 at 4% or $158,250 at 6%; with 100% employer match about $178,031 at 4% or $118,688 at 6%.
Solomon Optical Company Inc - Profit Sharing Plan & Trust-2$779,285$28,485$14,243iApproximate average salary by contribution assumption: employee only about $356,063 at 4% or $237,375 at 6%; with 50% employer match about $237,375 at 4% or $158,250 at 6%; with 100% employer match about $178,031 at 4% or $118,688 at 6%.
200912$757,553$93,461$46,731iApproximate average salary by contribution assumption: employee only about $1,168,263 at 4% or $778,842 at 6%; with 50% employer match about $778,842 at 4% or $519,228 at 6%; with 100% employer match about $584,131 at 4% or $389,421 at 6%.
Solomon Optical Company Inc - Profit Sharing Plan & Trust-2$757,553$93,461$46,731iApproximate average salary by contribution assumption: employee only about $1,168,263 at 4% or $778,842 at 6%; with 50% employer match about $778,842 at 4% or $519,228 at 6%; with 100% employer match about $584,131 at 4% or $389,421 at 6%.
200712$0$0-
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200612$0$0-
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200512$0$0-
Solomon Optical Company Inc - Profit Sharing Plan & Trust-2---
200411$0$0-
Solomon Optical Company Inc - Profit Sharing Plan & Trust-1---
200111$0$0-
Solomon Optical Company Inc - Profit Sharing Plan & Trust-1---
200011$0$0-
Solomon Optical Company Inc - Profit Sharing Plan & Trust-1---