Ray Smith Insurance Agency Inc.
Plan context: Ray Smith Insurance Agency Inc. 401K Plan
EIN 41-1389486 • Maple Grove, MN • 27 filings • 3 plans
Current Snapshot
Latest Year
2025
2025 Participants
9
2025 Assets
$2,848,150
2025 Contributions
$219,339
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 |
|---|---|---|---|---|---|
| 2025 | 1 | 9 | $2,848,150 | $219,339 | $24,371iApproximate average salary by contribution assumption: employee only about $609,275 at 4% or $406,183 at 6%; with 50% employer match about $406,183 at 4% or $270,789 at 6%; with 100% employer match about $304,638 at 4% or $203,092 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 9 | $2,848,150 | $219,339 | $24,371iApproximate average salary by contribution assumption: employee only about $609,275 at 4% or $406,183 at 6%; with 50% employer match about $406,183 at 4% or $270,789 at 6%; with 100% employer match about $304,638 at 4% or $203,092 at 6%. |
| 2024 | 1 | 9 | $6,370,872 | $235,784 | $26,198iApproximate average salary by contribution assumption: employee only about $654,956 at 4% or $436,637 at 6%; with 50% employer match about $436,637 at 4% or $291,091 at 6%; with 100% employer match about $327,478 at 4% or $218,319 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 9 | $6,370,872 | $235,784 | $26,198iApproximate average salary by contribution assumption: employee only about $654,956 at 4% or $436,637 at 6%; with 50% employer match about $436,637 at 4% or $291,091 at 6%; with 100% employer match about $327,478 at 4% or $218,319 at 6%. |
| 2023 | 1 | 11 | $5,106,056 | $190,999 | $17,364iApproximate average salary by contribution assumption: employee only about $434,089 at 4% or $289,392 at 6%; with 50% employer match about $289,392 at 4% or $192,928 at 6%; with 100% employer match about $217,044 at 4% or $144,696 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 11 | $5,106,056 | $190,999 | $17,364iApproximate average salary by contribution assumption: employee only about $434,089 at 4% or $289,392 at 6%; with 50% employer match about $289,392 at 4% or $192,928 at 6%; with 100% employer match about $217,044 at 4% or $144,696 at 6%. |
| 2022 | 1 | 10 | $3,991,983 | $139,381 | $13,938iApproximate average salary by contribution assumption: employee only about $348,453 at 4% or $232,302 at 6%; with 50% employer match about $232,302 at 4% or $154,868 at 6%; with 100% employer match about $174,226 at 4% or $116,151 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 10 | $3,991,983 | $139,381 | $13,938iApproximate average salary by contribution assumption: employee only about $348,453 at 4% or $232,302 at 6%; with 50% employer match about $232,302 at 4% or $154,868 at 6%; with 100% employer match about $174,226 at 4% or $116,151 at 6%. |
| 2021 | 1 | 10 | $6,158,791 | $125,978 | $12,598iApproximate average salary by contribution assumption: employee only about $314,945 at 4% or $209,963 at 6%; with 50% employer match about $209,963 at 4% or $139,976 at 6%; with 100% employer match about $157,473 at 4% or $104,982 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 10 | $6,158,791 | $125,978 | $12,598iApproximate average salary by contribution assumption: employee only about $314,945 at 4% or $209,963 at 6%; with 50% employer match about $209,963 at 4% or $139,976 at 6%; with 100% employer match about $157,473 at 4% or $104,982 at 6%. |
| 2020 | 1 | 11 | $7,056,902 | $132,206 | $12,019iApproximate average salary by contribution assumption: employee only about $300,468 at 4% or $200,312 at 6%; with 50% employer match about $200,312 at 4% or $133,541 at 6%; with 100% employer match about $150,234 at 4% or $100,156 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 11 | $7,056,902 | $132,206 | $12,019iApproximate average salary by contribution assumption: employee only about $300,468 at 4% or $200,312 at 6%; with 50% employer match about $200,312 at 4% or $133,541 at 6%; with 100% employer match about $150,234 at 4% or $100,156 at 6%. |
| 2019 | 1 | 13 | $4,368,771 | $128,724 | $9,902iApproximate average salary by contribution assumption: employee only about $247,546 at 4% or $165,031 at 6%; with 50% employer match about $165,031 at 4% or $110,021 at 6%; with 100% employer match about $123,773 at 4% or $82,515 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 13 | $4,368,771 | $128,724 | $9,902iApproximate average salary by contribution assumption: employee only about $247,546 at 4% or $165,031 at 6%; with 50% employer match about $165,031 at 4% or $110,021 at 6%; with 100% employer match about $123,773 at 4% or $82,515 at 6%. |
| 2018 | 1 | 13 | $3,495,099 | $132,622 | $10,202iApproximate average salary by contribution assumption: employee only about $255,042 at 4% or $170,028 at 6%; with 50% employer match about $170,028 at 4% or $113,352 at 6%; with 100% employer match about $127,521 at 4% or $85,014 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 13 | $3,495,099 | $132,622 | $10,202iApproximate average salary by contribution assumption: employee only about $255,042 at 4% or $170,028 at 6%; with 50% employer match about $170,028 at 4% or $113,352 at 6%; with 100% employer match about $127,521 at 4% or $85,014 at 6%. |
| 2017 | 1 | 12 | $3,332,499 | $120,957 | $10,080iApproximate average salary by contribution assumption: employee only about $251,994 at 4% or $167,996 at 6%; with 50% employer match about $167,996 at 4% or $111,997 at 6%; with 100% employer match about $125,997 at 4% or $83,998 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 12 | $3,332,499 | $120,957 | $10,080iApproximate average salary by contribution assumption: employee only about $251,994 at 4% or $167,996 at 6%; with 50% employer match about $167,996 at 4% or $111,997 at 6%; with 100% employer match about $125,997 at 4% or $83,998 at 6%. |
| 2016 | 1 | 12 | $2,494,041 | $119,758 | $9,980iApproximate average salary by contribution assumption: employee only about $249,496 at 4% or $166,331 at 6%; with 50% employer match about $166,331 at 4% or $110,887 at 6%; with 100% employer match about $124,748 at 4% or $83,165 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 12 | $2,494,041 | $119,758 | $9,980iApproximate average salary by contribution assumption: employee only about $249,496 at 4% or $166,331 at 6%; with 50% employer match about $166,331 at 4% or $110,887 at 6%; with 100% employer match about $124,748 at 4% or $83,165 at 6%. |
| 2015 | 1 | 11 | $2,363,549 | $112,452 | $10,223iApproximate average salary by contribution assumption: employee only about $255,573 at 4% or $170,382 at 6%; with 50% employer match about $170,382 at 4% or $113,588 at 6%; with 100% employer match about $127,786 at 4% or $85,191 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 11 | $2,363,549 | $112,452 | $10,223iApproximate average salary by contribution assumption: employee only about $255,573 at 4% or $170,382 at 6%; with 50% employer match about $170,382 at 4% or $113,588 at 6%; with 100% employer match about $127,786 at 4% or $85,191 at 6%. |
| 2014 | 1 | 9 | $2,148,639 | $119,890 | $13,321iApproximate average salary by contribution assumption: employee only about $333,028 at 4% or $222,019 at 6%; with 50% employer match about $222,019 at 4% or $148,012 at 6%; with 100% employer match about $166,514 at 4% or $111,009 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 9 | $2,148,639 | $119,890 | $13,321iApproximate average salary by contribution assumption: employee only about $333,028 at 4% or $222,019 at 6%; with 50% employer match about $222,019 at 4% or $148,012 at 6%; with 100% employer match about $166,514 at 4% or $111,009 at 6%. |
| 2013 | 1 | 9 | $2,061,732 | $129,453 | $14,384iApproximate average salary by contribution assumption: employee only about $359,592 at 4% or $239,728 at 6%; with 50% employer match about $239,728 at 4% or $159,819 at 6%; with 100% employer match about $179,796 at 4% or $119,864 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 9 | $2,061,732 | $129,453 | $14,384iApproximate average salary by contribution assumption: employee only about $359,592 at 4% or $239,728 at 6%; with 50% employer match about $239,728 at 4% or $159,819 at 6%; with 100% employer match about $179,796 at 4% or $119,864 at 6%. |
| 2012 | 1 | 11 | $1,521,414 | $128,369 | $11,670iApproximate average salary by contribution assumption: employee only about $291,748 at 4% or $194,498 at 6%; with 50% employer match about $194,498 at 4% or $129,666 at 6%; with 100% employer match about $145,874 at 4% or $97,249 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 11 | $1,521,414 | $128,369 | $11,670iApproximate average salary by contribution assumption: employee only about $291,748 at 4% or $194,498 at 6%; with 50% employer match about $194,498 at 4% or $129,666 at 6%; with 100% employer match about $145,874 at 4% or $97,249 at 6%. |
| 2011 | 1 | 11 | $1,571,185 | $126,519 | $11,502iApproximate average salary by contribution assumption: employee only about $287,543 at 4% or $191,695 at 6%; with 50% employer match about $191,695 at 4% or $127,797 at 6%; with 100% employer match about $143,772 at 4% or $95,848 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 11 | $1,571,185 | $126,519 | $11,502iApproximate average salary by contribution assumption: employee only about $287,543 at 4% or $191,695 at 6%; with 50% employer match about $191,695 at 4% or $127,797 at 6%; with 100% employer match about $143,772 at 4% or $95,848 at 6%. |
| 2010 | 1 | 11 | $1,498,308 | $118,248 | $10,750iApproximate average salary by contribution assumption: employee only about $268,745 at 4% or $179,164 at 6%; with 50% employer match about $179,164 at 4% or $119,442 at 6%; with 100% employer match about $134,373 at 4% or $89,582 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 11 | $1,498,308 | $118,248 | $10,750iApproximate average salary by contribution assumption: employee only about $268,745 at 4% or $179,164 at 6%; with 50% employer match about $179,164 at 4% or $119,442 at 6%; with 100% employer match about $134,373 at 4% or $89,582 at 6%. |
| 2009 | 1 | 11 | $1,227,525 | $34,846 | $3,168iApproximate average salary by contribution assumption: employee only about $79,195 at 4% or $52,797 at 6%; with 50% employer match about $52,797 at 4% or $35,198 at 6%; with 100% employer match about $39,598 at 4% or $26,398 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 11 | $1,227,525 | $34,846 | $3,168iApproximate average salary by contribution assumption: employee only about $79,195 at 4% or $52,797 at 6%; with 50% employer match about $52,797 at 4% or $35,198 at 6%; with 100% employer match about $39,598 at 4% or $26,398 at 6%. |
| 2008 | 1 | 10 | $986,816 | $105,000 | $10,500iApproximate average salary by contribution assumption: employee only about $262,500 at 4% or $175,000 at 6%; with 50% employer match about $175,000 at 4% or $116,667 at 6%; with 100% employer match about $131,250 at 4% or $87,500 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 10 | $986,816 | $105,000 | $10,500iApproximate average salary by contribution assumption: employee only about $262,500 at 4% or $175,000 at 6%; with 50% employer match about $175,000 at 4% or $116,667 at 6%; with 100% employer match about $131,250 at 4% or $87,500 at 6%. |
| 2007 | 1 | 10 | $1,429,123 | $109,275 | $10,928iApproximate average salary by contribution assumption: employee only about $273,188 at 4% or $182,125 at 6%; with 50% employer match about $182,125 at 4% or $121,417 at 6%; with 100% employer match about $136,594 at 4% or $91,063 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 10 | $1,429,123 | $109,275 | $10,928iApproximate average salary by contribution assumption: employee only about $273,188 at 4% or $182,125 at 6%; with 50% employer match about $182,125 at 4% or $121,417 at 6%; with 100% employer match about $136,594 at 4% or $91,063 at 6%. |
| 2006 | 1 | 10 | $1,176,754 | $106,030 | $10,603iApproximate average salary by contribution assumption: employee only about $265,075 at 4% or $176,717 at 6%; with 50% employer match about $176,717 at 4% or $117,811 at 6%; with 100% employer match about $132,538 at 4% or $88,358 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 10 | $1,176,754 | $106,030 | $10,603iApproximate average salary by contribution assumption: employee only about $265,075 at 4% or $176,717 at 6%; with 50% employer match about $176,717 at 4% or $117,811 at 6%; with 100% employer match about $132,538 at 4% or $88,358 at 6%. |
| 2005 | 1 | 10 | $1,013,112 | $111,224 | $11,122iApproximate average salary by contribution assumption: employee only about $278,060 at 4% or $185,373 at 6%; with 50% employer match about $185,373 at 4% or $123,582 at 6%; with 100% employer match about $139,030 at 4% or $92,687 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 10 | $1,013,112 | $111,224 | $11,122iApproximate average salary by contribution assumption: employee only about $278,060 at 4% or $185,373 at 6%; with 50% employer match about $185,373 at 4% or $123,582 at 6%; with 100% employer match about $139,030 at 4% or $92,687 at 6%. |
| 2004 | 1 | 10 | $799,192 | $96,603 | $9,660iApproximate average salary by contribution assumption: employee only about $241,507 at 4% or $161,005 at 6%; with 50% employer match about $161,005 at 4% or $107,337 at 6%; with 100% employer match about $120,754 at 4% or $80,503 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 10 | $799,192 | $96,603 | $9,660iApproximate average salary by contribution assumption: employee only about $241,507 at 4% or $161,005 at 6%; with 50% employer match about $161,005 at 4% or $107,337 at 6%; with 100% employer match about $120,754 at 4% or $80,503 at 6%. |
| 2003 | 1 | 9 | $636,446 | $97,385 | $10,821iApproximate average salary by contribution assumption: employee only about $270,514 at 4% or $180,343 at 6%; with 50% employer match about $180,343 at 4% or $120,228 at 6%; with 100% employer match about $135,257 at 4% or $90,171 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 9 | $636,446 | $97,385 | $10,821iApproximate average salary by contribution assumption: employee only about $270,514 at 4% or $180,343 at 6%; with 50% employer match about $180,343 at 4% or $120,228 at 6%; with 100% employer match about $135,257 at 4% or $90,171 at 6%. |
| 2002 | 1 | 9 | $467,306 | $87,960 | $9,773iApproximate average salary by contribution assumption: employee only about $244,333 at 4% or $162,889 at 6%; with 50% employer match about $162,889 at 4% or $108,593 at 6%; with 100% employer match about $122,167 at 4% or $81,444 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 9 | $467,306 | $87,960 | $9,773iApproximate average salary by contribution assumption: employee only about $244,333 at 4% or $162,889 at 6%; with 50% employer match about $162,889 at 4% or $108,593 at 6%; with 100% employer match about $122,167 at 4% or $81,444 at 6%. |
| 2001 | 1 | 8 | $500,604 | $70,581 | $8,823iApproximate average salary by contribution assumption: employee only about $220,566 at 4% or $147,044 at 6%; with 50% employer match about $147,044 at 4% or $98,029 at 6%; with 100% employer match about $110,283 at 4% or $73,522 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 8 | $500,604 | $70,581 | $8,823iApproximate average salary by contribution assumption: employee only about $220,566 at 4% or $147,044 at 6%; with 50% employer match about $147,044 at 4% or $98,029 at 6%; with 100% employer match about $110,283 at 4% or $73,522 at 6%. |
| 2000 | 1 | 8 | $0 | $0 | - |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 8 | - | - | - |
| 1999 | 1 | 9 | $534,972 | $111,436 | $12,382iApproximate average salary by contribution assumption: employee only about $309,544 at 4% or $206,363 at 6%; with 50% employer match about $206,363 at 4% or $137,575 at 6%; with 100% employer match about $154,772 at 4% or $103,181 at 6%. |
| Ray Smith Insurance Agency Inc. 401K Plan | - | 9 | $534,972 | $111,436 | $12,382iApproximate average salary by contribution assumption: employee only about $309,544 at 4% or $206,363 at 6%; with 50% employer match about $206,363 at 4% or $137,575 at 6%; with 100% employer match about $154,772 at 4% or $103,181 at 6%. |