Civic Intelligence

Dennis J. Korman

Plan context: Dennis J. Korman, Employees Profit Sharing Plan and Trust

EIN 41-1760675 • Cloquet, MN • 17 filings • 3 plans

6 - 11th StreetCloquet, MN 55720
Current Snapshot

Latest Year

2015

2015 Participants

5

2015 Assets

$2,105,943

2015 Contributions

$9,099

Historical Graphs

Total Assets Over Time

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

$2,105,943$1,052,972$0199920062014YearValue
$2,105,943Latest year 2014

Participants Over Time

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

630199920072014YearValue
5Latest year 2014

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
201510$0$9,099-
Dennis J. Korman, Employees Profit Sharing Plan and Trust-0$0$9,099-
201415$2,105,943$12,401$2,480iApproximate average salary by contribution assumption: employee only about $62,005 at 4% or $41,337 at 6%; with 50% employer match about $41,337 at 4% or $27,558 at 6%; with 100% employer match about $31,002 at 4% or $20,668 at 6%.
Dennis J. Korman, Employees Profit Sharing Plan and Trust-5$2,105,943$12,401$2,480iApproximate average salary by contribution assumption: employee only about $62,005 at 4% or $41,337 at 6%; with 50% employer match about $41,337 at 4% or $27,558 at 6%; with 100% employer match about $31,002 at 4% or $20,668 at 6%.
201315$2,050,201$12,135$2,427iApproximate average salary by contribution assumption: employee only about $60,675 at 4% or $40,450 at 6%; with 50% employer match about $40,450 at 4% or $26,967 at 6%; with 100% employer match about $30,338 at 4% or $20,225 at 6%.
Dennis J. Korman, Employees Profit Sharing Plan and Trust-5$2,050,201$12,135$2,427iApproximate average salary by contribution assumption: employee only about $60,675 at 4% or $40,450 at 6%; with 50% employer match about $40,450 at 4% or $26,967 at 6%; with 100% employer match about $30,338 at 4% or $20,225 at 6%.
201215$1,647,944$12,608$2,522iApproximate average salary by contribution assumption: employee only about $63,040 at 4% or $42,027 at 6%; with 50% employer match about $42,027 at 4% or $28,018 at 6%; with 100% employer match about $31,520 at 4% or $21,013 at 6%.
Dennis J. Korman, Employees Profit Sharing Plan and Trust-5$1,647,944$12,608$2,522iApproximate average salary by contribution assumption: employee only about $63,040 at 4% or $42,027 at 6%; with 50% employer match about $42,027 at 4% or $28,018 at 6%; with 100% employer match about $31,520 at 4% or $21,013 at 6%.
201115$1,423,464$18,401$3,680iApproximate average salary by contribution assumption: employee only about $92,005 at 4% or $61,337 at 6%; with 50% employer match about $61,337 at 4% or $40,891 at 6%; with 100% employer match about $46,003 at 4% or $30,668 at 6%.
Dennis J. Korman, Employees Profit Sharing Plan and Trust-5$1,423,464$18,401$3,680iApproximate average salary by contribution assumption: employee only about $92,005 at 4% or $61,337 at 6%; with 50% employer match about $61,337 at 4% or $40,891 at 6%; with 100% employer match about $46,003 at 4% or $30,668 at 6%.
201015$1,438,811$14,200$2,840iApproximate average salary by contribution assumption: employee only about $71,000 at 4% or $47,333 at 6%; with 50% employer match about $47,333 at 4% or $31,556 at 6%; with 100% employer match about $35,500 at 4% or $23,667 at 6%.
Dennis J. Korman, Employees Profit Sharing Plan and Trust-5$1,438,811$14,200$2,840iApproximate average salary by contribution assumption: employee only about $71,000 at 4% or $47,333 at 6%; with 50% employer match about $47,333 at 4% or $31,556 at 6%; with 100% employer match about $35,500 at 4% or $23,667 at 6%.
200913$1,186,301$5,000$1,667iApproximate average salary by contribution assumption: employee only about $41,667 at 4% or $27,778 at 6%; with 50% employer match about $27,778 at 4% or $18,519 at 6%; with 100% employer match about $20,833 at 4% or $13,889 at 6%.
Dennis J. Korman, Employees Profit Sharing Plan and Trust-3$1,186,301$5,000$1,667iApproximate average salary by contribution assumption: employee only about $41,667 at 4% or $27,778 at 6%; with 50% employer match about $27,778 at 4% or $18,519 at 6%; with 100% employer match about $20,833 at 4% or $13,889 at 6%.
200812$0$0-
Dennis J. Korman, Employees Profit Sharing Plan and Trust-2---
200713$0$0-
Dennis J. Korman, Employees Profit Sharing Plan and Trust-3---
200613$1,268,704$50,000$16,667iApproximate average salary by contribution assumption: employee only about $416,667 at 4% or $277,778 at 6%; with 50% employer match about $277,778 at 4% or $185,185 at 6%; with 100% employer match about $208,333 at 4% or $138,889 at 6%.
Dennis J. Korman, Employees Profit Sharing Plan and Trust-3$1,268,704$50,000$16,667iApproximate average salary by contribution assumption: employee only about $416,667 at 4% or $277,778 at 6%; with 50% employer match about $277,778 at 4% or $185,185 at 6%; with 100% employer match about $208,333 at 4% or $138,889 at 6%.
200513$1,069,071$0-
Dennis J. Korman, Employees Profit Sharing Plan and Trust-3$1,069,071--
200413$999,923$50,000$16,667iApproximate average salary by contribution assumption: employee only about $416,667 at 4% or $277,778 at 6%; with 50% employer match about $277,778 at 4% or $185,185 at 6%; with 100% employer match about $208,333 at 4% or $138,889 at 6%.
Dennis J. Korman, Employees Profit Sharing Plan and Trust-3$999,923$50,000$16,667iApproximate average salary by contribution assumption: employee only about $416,667 at 4% or $277,778 at 6%; with 50% employer match about $277,778 at 4% or $185,185 at 6%; with 100% employer match about $208,333 at 4% or $138,889 at 6%.
200313$842,316$53,444$17,815iApproximate average salary by contribution assumption: employee only about $445,367 at 4% or $296,911 at 6%; with 50% employer match about $296,911 at 4% or $197,941 at 6%; with 100% employer match about $222,683 at 4% or $148,456 at 6%.
Dennis J. Korman, Employees Profit Sharing Plan and Trust-3$842,316$53,444$17,815iApproximate average salary by contribution assumption: employee only about $445,367 at 4% or $296,911 at 6%; with 50% employer match about $296,911 at 4% or $197,941 at 6%; with 100% employer match about $222,683 at 4% or $148,456 at 6%.
200213$630,590$52,568$17,523iApproximate average salary by contribution assumption: employee only about $438,067 at 4% or $292,044 at 6%; with 50% employer match about $292,044 at 4% or $194,696 at 6%; with 100% employer match about $219,033 at 4% or $146,022 at 6%.
Dennis J. Korman, Employees Profit Sharing Plan and Trust-3$630,590$52,568$17,523iApproximate average salary by contribution assumption: employee only about $438,067 at 4% or $292,044 at 6%; with 50% employer match about $292,044 at 4% or $194,696 at 6%; with 100% employer match about $219,033 at 4% or $146,022 at 6%.
200113$0$0-
Dennis J. Korman, Employees Profit Sharing Plan and Trust-3---
200016$635,897$33,711$5,619iApproximate average salary by contribution assumption: employee only about $140,463 at 4% or $93,642 at 6%; with 50% employer match about $93,642 at 4% or $62,428 at 6%; with 100% employer match about $70,231 at 4% or $46,821 at 6%.
Dennis J. Korman, Employees Profit Sharing Plan and Trust-6$635,897$33,711$5,619iApproximate average salary by contribution assumption: employee only about $140,463 at 4% or $93,642 at 6%; with 50% employer match about $93,642 at 4% or $62,428 at 6%; with 100% employer match about $70,231 at 4% or $46,821 at 6%.
199915$643,611$31,971$6,394iApproximate average salary by contribution assumption: employee only about $159,855 at 4% or $106,570 at 6%; with 50% employer match about $106,570 at 4% or $71,047 at 6%; with 100% employer match about $79,928 at 4% or $53,285 at 6%.
Dennis J. Korman, Employees Profit Sharing Plan and Trust-5$643,611$31,971$6,394iApproximate average salary by contribution assumption: employee only about $159,855 at 4% or $106,570 at 6%; with 50% employer match about $106,570 at 4% or $71,047 at 6%; with 100% employer match about $79,928 at 4% or $53,285 at 6%.