MURPHY AND ASSOCIATES, INC.
Plan context: Murphy and Associates Inc. Profit Sharing Plan
EIN 41-1381988 • Farmington, MN • 27 filings • 4 plans
Current Snapshot
Latest Year
2024
2024 Participants
3
2024 Assets
$495,078
2024 Contributions
$79,113
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 3 | $495,078 | $79,113 | $26,371iApproximate average salary by contribution assumption: employee only about $659,275 at 4% or $439,517 at 6%; with 50% employer match about $439,517 at 4% or $293,011 at 6%; with 100% employer match about $329,638 at 4% or $219,758 at 6%. |
| Murphy and Associates Inc. Profit Sharing Plan | - | 3 | $495,078 | $79,113 | $26,371iApproximate average salary by contribution assumption: employee only about $659,275 at 4% or $439,517 at 6%; with 50% employer match about $439,517 at 4% or $293,011 at 6%; with 100% employer match about $329,638 at 4% or $219,758 at 6%. |
| 2023 | 1 | 3 | $430,890 | $72,058 | $24,019iApproximate average salary by contribution assumption: employee only about $600,483 at 4% or $400,322 at 6%; with 50% employer match about $400,322 at 4% or $266,881 at 6%; with 100% employer match about $300,242 at 4% or $200,161 at 6%. |
| Murphy and Associates Inc. Profit Sharing Plan | - | 3 | $430,890 | $72,058 | $24,019iApproximate average salary by contribution assumption: employee only about $600,483 at 4% or $400,322 at 6%; with 50% employer match about $400,322 at 4% or $266,881 at 6%; with 100% employer match about $300,242 at 4% or $200,161 at 6%. |
| 2022 | 1 | 3 | $376,479 | $66,507 | $22,169iApproximate average salary by contribution assumption: employee only about $554,225 at 4% or $369,483 at 6%; with 50% employer match about $369,483 at 4% or $246,322 at 6%; with 100% employer match about $277,113 at 4% or $184,742 at 6%. |
| Murphy and Associates Inc. Profit Sharing Plan | - | 3 | $376,479 | $66,507 | $22,169iApproximate average salary by contribution assumption: employee only about $554,225 at 4% or $369,483 at 6%; with 50% employer match about $369,483 at 4% or $246,322 at 6%; with 100% employer match about $277,113 at 4% or $184,742 at 6%. |
| 2021 | 1 | 3 | $317,820 | $66,675 | $22,225iApproximate average salary by contribution assumption: employee only about $555,625 at 4% or $370,417 at 6%; with 50% employer match about $370,417 at 4% or $246,944 at 6%; with 100% employer match about $277,813 at 4% or $185,208 at 6%. |
| Murphy and Associates Inc. Profit Sharing Plan | - | 3 | $317,820 | $66,675 | $22,225iApproximate average salary by contribution assumption: employee only about $555,625 at 4% or $370,417 at 6%; with 50% employer match about $370,417 at 4% or $246,944 at 6%; with 100% employer match about $277,813 at 4% or $185,208 at 6%. |
| 2020 | 1 | 4 | $261,151 | $0 | - |
| Murphy and Associates Inc. Profit Sharing Plan | - | 4 | $261,151 | - | - |
| 2019 | 1 | 4 | $325,636 | $0 | - |
| Murphy and Associates Inc. Profit Sharing Plan | - | 4 | $325,636 | - | - |
| 2018 | 1 | 5 | $371,026 | $0 | - |
| Murphy and Associates Inc. Profit Sharing Plan | - | 5 | $371,026 | - | - |
| 2017 | 1 | 5 | $375,081 | $28,143 | $5,629iApproximate average salary by contribution assumption: employee only about $140,715 at 4% or $93,810 at 6%; with 50% employer match about $93,810 at 4% or $62,540 at 6%; with 100% employer match about $70,358 at 4% or $46,905 at 6%. |
| Murphy and Associates Inc. Profit Sharing Plan | - | 5 | $375,081 | $28,143 | $5,629iApproximate average salary by contribution assumption: employee only about $140,715 at 4% or $93,810 at 6%; with 50% employer match about $93,810 at 4% or $62,540 at 6%; with 100% employer match about $70,358 at 4% or $46,905 at 6%. |
| 2016 | 1 | 4 | $353,852 | $23,000 | $5,750iApproximate average salary by contribution assumption: employee only about $143,750 at 4% or $95,833 at 6%; with 50% employer match about $95,833 at 4% or $63,889 at 6%; with 100% employer match about $71,875 at 4% or $47,917 at 6%. |
| Murphy and Associates Inc. Profit Sharing Plan | - | 4 | $353,852 | $23,000 | $5,750iApproximate average salary by contribution assumption: employee only about $143,750 at 4% or $95,833 at 6%; with 50% employer match about $95,833 at 4% or $63,889 at 6%; with 100% employer match about $71,875 at 4% or $47,917 at 6%. |
| 2015 | 1 | 3 | $338,678 | $48,948 | $16,316iApproximate average salary by contribution assumption: employee only about $407,900 at 4% or $271,933 at 6%; with 50% employer match about $271,933 at 4% or $181,289 at 6%; with 100% employer match about $203,950 at 4% or $135,967 at 6%. |
| Murphy and Associates Inc. Profit Sharing Plan | - | 3 | $338,678 | $48,948 | $16,316iApproximate average salary by contribution assumption: employee only about $407,900 at 4% or $271,933 at 6%; with 50% employer match about $271,933 at 4% or $181,289 at 6%; with 100% employer match about $203,950 at 4% or $135,967 at 6%. |
| 2014 | 1 | 4 | $299,121 | $23,215 | $5,804iApproximate average salary by contribution assumption: employee only about $145,094 at 4% or $96,729 at 6%; with 50% employer match about $96,729 at 4% or $64,486 at 6%; with 100% employer match about $72,547 at 4% or $48,365 at 6%. |
| Murphy and Associates Inc. Profit Sharing Plan | - | 4 | $299,121 | $23,215 | $5,804iApproximate average salary by contribution assumption: employee only about $145,094 at 4% or $96,729 at 6%; with 50% employer match about $96,729 at 4% or $64,486 at 6%; with 100% employer match about $72,547 at 4% or $48,365 at 6%. |
| 2013 | 1 | 4 | $282,458 | $20,685 | $5,171iApproximate average salary by contribution assumption: employee only about $129,281 at 4% or $86,188 at 6%; with 50% employer match about $86,188 at 4% or $57,458 at 6%; with 100% employer match about $64,641 at 4% or $43,094 at 6%. |
| Murphy and Associates Inc. Profit Sharing Plan | - | 4 | $282,458 | $20,685 | $5,171iApproximate average salary by contribution assumption: employee only about $129,281 at 4% or $86,188 at 6%; with 50% employer match about $86,188 at 4% or $57,458 at 6%; with 100% employer match about $64,641 at 4% or $43,094 at 6%. |
| 2012 | 1 | 3 | $258,611 | $0 | - |
| Murphy and Associates Inc. Profit Sharing Plan | - | 3 | $258,611 | - | - |
| 2011 | 1 | 3 | $254,417 | $0 | - |
| Murphy and Associates Inc. Profit Sharing Plan | - | 3 | $254,417 | - | - |
| 2010 | 1 | 3 | $249,257 | $20,000 | $6,667iApproximate average salary by contribution assumption: employee only about $166,667 at 4% or $111,111 at 6%; with 50% employer match about $111,111 at 4% or $74,074 at 6%; with 100% employer match about $83,333 at 4% or $55,556 at 6%. |
| Murphy and Associates Inc. Profit Sharing Plan | - | 3 | $249,257 | $20,000 | $6,667iApproximate average salary by contribution assumption: employee only about $166,667 at 4% or $111,111 at 6%; with 50% employer match about $111,111 at 4% or $74,074 at 6%; with 100% employer match about $83,333 at 4% or $55,556 at 6%. |
| 2009 | 1 | 4 | $227,349 | $0 | - |
| Murphy and Associates Inc. Profit Sharing Plan | - | 4 | $227,349 | - | - |
| 2005 | 1 | 1 | $223,473 | $10,000 | $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%. |
| Murphy and Associates Inc. Profit Sharing Plan | - | 1 | $223,473 | $10,000 | $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%. |
| 2004 | 1 | 2 | $209,560 | $0 | - |
| Murphy and Associates Inc. Profit Sharing Plan | - | 2 | $209,560 | - | - |
| 2003 | 1 | 3 | $0 | $0 | - |
| Murphy and Associates Inc. Profit Sharing Plan | - | 3 | - | - | - |
| 2002 | 2 | 3 | $210,587 | $35,350 | $11,783iApproximate average salary by contribution assumption: employee only about $294,583 at 4% or $196,389 at 6%; with 50% employer match about $196,389 at 4% or $130,926 at 6%; with 100% employer match about $147,292 at 4% or $98,194 at 6%. |
| Murphy and Associates Inc. Profit Sharing Plan | - | 3 | $210,587 | $35,350 | $11,783iApproximate average salary by contribution assumption: employee only about $294,583 at 4% or $196,389 at 6%; with 50% employer match about $196,389 at 4% or $130,926 at 6%; with 100% employer match about $147,292 at 4% or $98,194 at 6%. |
| Murphy & Associates Inc Money Purchase Pension Plan | - | 0 | - | - | - |
| 2001 | 2 | 3 | $0 | $0 | - |
| Murphy & Associates Inc Money Purchase Pension Plan | - | 3 | - | - | - |
| Murphy and Associates Inc. Profit Sharing Plan | - | 3 | - | - | - |
| 2000 | 2 | 3 | $294,909 | $16,580 | $5,527iApproximate average salary by contribution assumption: employee only about $138,167 at 4% or $92,111 at 6%; with 50% employer match about $92,111 at 4% or $61,407 at 6%; with 100% employer match about $69,083 at 4% or $46,056 at 6%. |
| Murphy and Associates Inc. Profit Sharing Plan | - | 3 | $194,271 | - | - |
| Murphy & Associates Inc Money Purchase Pension Plan | - | 3 | $100,638 | $16,580 | $5,527iApproximate average salary by contribution assumption: employee only about $138,167 at 4% or $92,111 at 6%; with 50% employer match about $92,111 at 4% or $61,407 at 6%; with 100% employer match about $69,083 at 4% or $46,056 at 6%. |
| 1999 | 2 | 3 | $356,730 | $34,300 | $11,433iApproximate average salary by contribution assumption: employee only about $285,833 at 4% or $190,556 at 6%; with 50% employer match about $190,556 at 4% or $127,037 at 6%; with 100% employer match about $142,917 at 4% or $95,278 at 6%. |
| Murphy and Associates Inc. Profit Sharing Plan | - | 3 | $250,617 | $20,580 | $6,860iApproximate average salary by contribution assumption: employee only about $171,500 at 4% or $114,333 at 6%; with 50% employer match about $114,333 at 4% or $76,222 at 6%; with 100% employer match about $85,750 at 4% or $57,167 at 6%. |
| Murphy & Associates Inc Money Purchase Pension Plan | - | 3 | $106,113 | $13,720 | $4,573iApproximate average salary by contribution assumption: employee only about $114,333 at 4% or $76,222 at 6%; with 50% employer match about $76,222 at 4% or $50,815 at 6%; with 100% employer match about $57,167 at 4% or $38,111 at 6%. |