Civic Intelligence

Michael Hasbargen

Plan context: Michael Hasbargen Profit Sharing Plan

EIN 41-0935432 • Breckenridge, MN • 22 filings • 1 plans

1427 Beede AvenueBreckenridge, MN 56520
Current Snapshot

Latest Year

2020

2020 Participants

2

2020 Assets

$2,975,094

2020 Contributions

$45,707

Historical Graphs

Total Assets Over Time

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

$2,975,094$1,487,547$0199920112020YearValue
$2,975,094Latest year 2020

Participants Over Time

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

320199920102020YearValue
2Latest 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
202012$2,975,094$0-
Michael Hasbargen Profit Sharing Plan-2$2,975,094--
201912$2,550,758$45,707$22,854iApproximate average salary by contribution assumption: employee only about $571,338 at 4% or $380,892 at 6%; with 50% employer match about $380,892 at 4% or $253,928 at 6%; with 100% employer match about $285,669 at 4% or $190,446 at 6%.
Michael Hasbargen Profit Sharing Plan-2$2,550,758$45,707$22,854iApproximate average salary by contribution assumption: employee only about $571,338 at 4% or $380,892 at 6%; with 50% employer match about $380,892 at 4% or $253,928 at 6%; with 100% employer match about $285,669 at 4% or $190,446 at 6%.
201812$2,295,335$21,755$10,878iApproximate average salary by contribution assumption: employee only about $271,938 at 4% or $181,292 at 6%; with 50% employer match about $181,292 at 4% or $120,861 at 6%; with 100% employer match about $135,969 at 4% or $90,646 at 6%.
Michael Hasbargen Profit Sharing Plan-2$2,295,335$21,755$10,878iApproximate average salary by contribution assumption: employee only about $271,938 at 4% or $181,292 at 6%; with 50% employer match about $181,292 at 4% or $120,861 at 6%; with 100% employer match about $135,969 at 4% or $90,646 at 6%.
201712$2,538,292$47,213$23,607iApproximate average salary by contribution assumption: employee only about $590,163 at 4% or $393,442 at 6%; with 50% employer match about $393,442 at 4% or $262,294 at 6%; with 100% employer match about $295,081 at 4% or $196,721 at 6%.
Michael Hasbargen Profit Sharing Plan-2$2,538,292$47,213$23,607iApproximate average salary by contribution assumption: employee only about $590,163 at 4% or $393,442 at 6%; with 50% employer match about $393,442 at 4% or $262,294 at 6%; with 100% employer match about $295,081 at 4% or $196,721 at 6%.
201612$2,290,215$24,112$12,056iApproximate average salary by contribution assumption: employee only about $301,400 at 4% or $200,933 at 6%; with 50% employer match about $200,933 at 4% or $133,956 at 6%; with 100% employer match about $150,700 at 4% or $100,467 at 6%.
Michael Hasbargen Profit Sharing Plan-2$2,290,215$24,112$12,056iApproximate average salary by contribution assumption: employee only about $301,400 at 4% or $200,933 at 6%; with 50% employer match about $200,933 at 4% or $133,956 at 6%; with 100% employer match about $150,700 at 4% or $100,467 at 6%.
201513$2,552,528$21,645$7,215iApproximate average salary by contribution assumption: employee only about $180,375 at 4% or $120,250 at 6%; with 50% employer match about $120,250 at 4% or $80,167 at 6%; with 100% employer match about $90,188 at 4% or $60,125 at 6%.
Michael Hasbargen Profit Sharing Plan-3$2,552,528$21,645$7,215iApproximate average salary by contribution assumption: employee only about $180,375 at 4% or $120,250 at 6%; with 50% employer match about $120,250 at 4% or $80,167 at 6%; with 100% employer match about $90,188 at 4% or $60,125 at 6%.
201412$2,511,061$41,759$20,880iApproximate average salary by contribution assumption: employee only about $521,988 at 4% or $347,992 at 6%; with 50% employer match about $347,992 at 4% or $231,994 at 6%; with 100% employer match about $260,994 at 4% or $173,996 at 6%.
Michael Hasbargen Profit Sharing Plan-2$2,511,061$41,759$20,880iApproximate average salary by contribution assumption: employee only about $521,988 at 4% or $347,992 at 6%; with 50% employer match about $347,992 at 4% or $231,994 at 6%; with 100% employer match about $260,994 at 4% or $173,996 at 6%.
201313$2,314,695$44,167$14,722iApproximate average salary by contribution assumption: employee only about $368,058 at 4% or $245,372 at 6%; with 50% employer match about $245,372 at 4% or $163,581 at 6%; with 100% employer match about $184,029 at 4% or $122,686 at 6%.
Michael Hasbargen Profit Sharing Plan-3$2,314,695$44,167$14,722iApproximate average salary by contribution assumption: employee only about $368,058 at 4% or $245,372 at 6%; with 50% employer match about $245,372 at 4% or $163,581 at 6%; with 100% employer match about $184,029 at 4% or $122,686 at 6%.
201213$2,053,595$22,181$7,394iApproximate average salary by contribution assumption: employee only about $184,842 at 4% or $123,228 at 6%; with 50% employer match about $123,228 at 4% or $82,152 at 6%; with 100% employer match about $92,421 at 4% or $61,614 at 6%.
Michael Hasbargen Profit Sharing Plan-3$2,053,595$22,181$7,394iApproximate average salary by contribution assumption: employee only about $184,842 at 4% or $123,228 at 6%; with 50% employer match about $123,228 at 4% or $82,152 at 6%; with 100% employer match about $92,421 at 4% or $61,614 at 6%.
201113$1,860,019$35,131$11,710iApproximate average salary by contribution assumption: employee only about $292,758 at 4% or $195,172 at 6%; with 50% employer match about $195,172 at 4% or $130,115 at 6%; with 100% employer match about $146,379 at 4% or $97,586 at 6%.
Michael Hasbargen Profit Sharing Plan-3$1,860,019$35,131$11,710iApproximate average salary by contribution assumption: employee only about $292,758 at 4% or $195,172 at 6%; with 50% employer match about $195,172 at 4% or $130,115 at 6%; with 100% employer match about $146,379 at 4% or $97,586 at 6%.
201012$1,803,391$0-
Michael Hasbargen Profit Sharing Plan-2$1,803,391--
200912$1,623,285$42,996$21,498iApproximate average salary by contribution assumption: employee only about $537,450 at 4% or $358,300 at 6%; with 50% employer match about $358,300 at 4% or $238,867 at 6%; with 100% employer match about $268,725 at 4% or $179,150 at 6%.
Michael Hasbargen Profit Sharing Plan-2$1,623,285$42,996$21,498iApproximate average salary by contribution assumption: employee only about $537,450 at 4% or $358,300 at 6%; with 50% employer match about $358,300 at 4% or $238,867 at 6%; with 100% employer match about $268,725 at 4% or $179,150 at 6%.
200812$0$0-
Michael Hasbargen Profit Sharing Plan-2---
200712$0$0-
Michael Hasbargen Profit Sharing Plan-2---
200612$1,435,452$37,503$18,752iApproximate average salary by contribution assumption: employee only about $468,788 at 4% or $312,525 at 6%; with 50% employer match about $312,525 at 4% or $208,350 at 6%; with 100% employer match about $234,394 at 4% or $156,263 at 6%.
Michael Hasbargen Profit Sharing Plan-2$1,435,452$37,503$18,752iApproximate average salary by contribution assumption: employee only about $468,788 at 4% or $312,525 at 6%; with 50% employer match about $312,525 at 4% or $208,350 at 6%; with 100% employer match about $234,394 at 4% or $156,263 at 6%.
200512$1,315,706$35,340$17,670iApproximate average salary by contribution assumption: employee only about $441,750 at 4% or $294,500 at 6%; with 50% employer match about $294,500 at 4% or $196,333 at 6%; with 100% employer match about $220,875 at 4% or $147,250 at 6%.
Michael Hasbargen Profit Sharing Plan-2$1,315,706$35,340$17,670iApproximate average salary by contribution assumption: employee only about $441,750 at 4% or $294,500 at 6%; with 50% employer match about $294,500 at 4% or $196,333 at 6%; with 100% employer match about $220,875 at 4% or $147,250 at 6%.
200412$1,210,603$35,108$17,554iApproximate average salary by contribution assumption: employee only about $438,850 at 4% or $292,567 at 6%; with 50% employer match about $292,567 at 4% or $195,044 at 6%; with 100% employer match about $219,425 at 4% or $146,283 at 6%.
Michael Hasbargen Profit Sharing Plan-2$1,210,603$35,108$17,554iApproximate average salary by contribution assumption: employee only about $438,850 at 4% or $292,567 at 6%; with 50% employer match about $292,567 at 4% or $195,044 at 6%; with 100% employer match about $219,425 at 4% or $146,283 at 6%.
200312$1,064,943$34,983$17,492iApproximate average salary by contribution assumption: employee only about $437,288 at 4% or $291,525 at 6%; with 50% employer match about $291,525 at 4% or $194,350 at 6%; with 100% employer match about $218,644 at 4% or $145,763 at 6%.
Michael Hasbargen Profit Sharing Plan-2$1,064,943$34,983$17,492iApproximate average salary by contribution assumption: employee only about $437,288 at 4% or $291,525 at 6%; with 50% employer match about $291,525 at 4% or $194,350 at 6%; with 100% employer match about $218,644 at 4% or $145,763 at 6%.
200212$858,994$30,209$15,105iApproximate average salary by contribution assumption: employee only about $377,613 at 4% or $251,742 at 6%; with 50% employer match about $251,742 at 4% or $167,828 at 6%; with 100% employer match about $188,806 at 4% or $125,871 at 6%.
Michael Hasbargen Profit Sharing Plan-2$858,994$30,209$15,105iApproximate average salary by contribution assumption: employee only about $377,613 at 4% or $251,742 at 6%; with 50% employer match about $251,742 at 4% or $167,828 at 6%; with 100% employer match about $188,806 at 4% or $125,871 at 6%.
200112$881,219$30,232$15,116iApproximate average salary by contribution assumption: employee only about $377,900 at 4% or $251,933 at 6%; with 50% employer match about $251,933 at 4% or $167,956 at 6%; with 100% employer match about $188,950 at 4% or $125,967 at 6%.
Michael Hasbargen Profit Sharing Plan-2$881,219$30,232$15,116iApproximate average salary by contribution assumption: employee only about $377,900 at 4% or $251,933 at 6%; with 50% employer match about $251,933 at 4% or $167,956 at 6%; with 100% employer match about $188,950 at 4% or $125,967 at 6%.
200011$873,549$28,104$28,104iApproximate average salary by contribution assumption: employee only about $702,600 at 4% or $468,400 at 6%; with 50% employer match about $468,400 at 4% or $312,267 at 6%; with 100% employer match about $351,300 at 4% or $234,200 at 6%.
Michael Hasbargen Profit Sharing Plan-1$873,549$28,104$28,104iApproximate average salary by contribution assumption: employee only about $702,600 at 4% or $468,400 at 6%; with 50% employer match about $468,400 at 4% or $312,267 at 6%; with 100% employer match about $351,300 at 4% or $234,200 at 6%.
199912$819,396$28,104$14,052iApproximate average salary by contribution assumption: employee only about $351,300 at 4% or $234,200 at 6%; with 50% employer match about $234,200 at 4% or $156,133 at 6%; with 100% employer match about $175,650 at 4% or $117,100 at 6%.
Michael Hasbargen Profit Sharing Plan-2$819,396$28,104$14,052iApproximate average salary by contribution assumption: employee only about $351,300 at 4% or $234,200 at 6%; with 50% employer match about $234,200 at 4% or $156,133 at 6%; with 100% employer match about $175,650 at 4% or $117,100 at 6%.