Civic Intelligence

J P Scherrman Inc

Plan context: J P Scherrman Inc Profit Sharing Trust

EIN 42-0657555 • Farley, IA • 25 filings • 10 plans

1345 1st Avenue WFarley, IA 52046
Current Snapshot

Latest Year

2023

2023 Participants

8

2023 Assets

$51,905

2023 Contributions

$130,649

Historical Graphs

Total Assets Over Time

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

$1,629,758$814,879$0199920152022YearValue
$51,905Latest year 2022

Participants Over Time

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

1050199920112021YearValue
8Latest year 2021

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
202310$0$0-
J P Scherrman Inc Profit Sharing Trust-0$0--
202210$51,905$0-
J P Scherrman Inc Profit Sharing Trust-0$51,905--
202118$986,002$130,649$16,331iApproximate average salary by contribution assumption: employee only about $408,278 at 4% or $272,185 at 6%; with 50% employer match about $272,185 at 4% or $181,457 at 6%; with 100% employer match about $204,139 at 4% or $136,093 at 6%.
J P Scherrman Inc Profit Sharing Trust-8$986,002$130,649$16,331iApproximate average salary by contribution assumption: employee only about $408,278 at 4% or $272,185 at 6%; with 50% employer match about $272,185 at 4% or $181,457 at 6%; with 100% employer match about $204,139 at 4% or $136,093 at 6%.
2020110$1,629,758$137,610$13,761iApproximate average salary by contribution assumption: employee only about $344,025 at 4% or $229,350 at 6%; with 50% employer match about $229,350 at 4% or $152,900 at 6%; with 100% employer match about $172,013 at 4% or $114,675 at 6%.
J P Scherrman Inc Profit Sharing Trust-10$1,629,758$137,610$13,761iApproximate average salary by contribution assumption: employee only about $344,025 at 4% or $229,350 at 6%; with 50% employer match about $229,350 at 4% or $152,900 at 6%; with 100% employer match about $172,013 at 4% or $114,675 at 6%.
201919$1,305,512$93,553$10,395iApproximate average salary by contribution assumption: employee only about $259,869 at 4% or $173,246 at 6%; with 50% employer match about $173,246 at 4% or $115,498 at 6%; with 100% employer match about $129,935 at 4% or $86,623 at 6%.
J P Scherrman Inc Profit Sharing Trust-9$1,305,512$93,553$10,395iApproximate average salary by contribution assumption: employee only about $259,869 at 4% or $173,246 at 6%; with 50% employer match about $173,246 at 4% or $115,498 at 6%; with 100% employer match about $129,935 at 4% or $86,623 at 6%.
201818$1,105,043$64,325$8,041iApproximate average salary by contribution assumption: employee only about $201,016 at 4% or $134,010 at 6%; with 50% employer match about $134,010 at 4% or $89,340 at 6%; with 100% employer match about $100,508 at 4% or $67,005 at 6%.
J P Scherrman Inc Profit Sharing Trust-8$1,105,043$64,325$8,041iApproximate average salary by contribution assumption: employee only about $201,016 at 4% or $134,010 at 6%; with 50% employer match about $134,010 at 4% or $89,340 at 6%; with 100% employer match about $100,508 at 4% or $67,005 at 6%.
2017110$1,206,929$89,744$8,974iApproximate average salary by contribution assumption: employee only about $224,360 at 4% or $149,573 at 6%; with 50% employer match about $149,573 at 4% or $99,716 at 6%; with 100% employer match about $112,180 at 4% or $74,787 at 6%.
J P Scherrman Inc Profit Sharing Trust-10$1,206,929$89,744$8,974iApproximate average salary by contribution assumption: employee only about $224,360 at 4% or $149,573 at 6%; with 50% employer match about $149,573 at 4% or $99,716 at 6%; with 100% employer match about $112,180 at 4% or $74,787 at 6%.
2016110$1,436,178$51,990$5,199iApproximate average salary by contribution assumption: employee only about $129,975 at 4% or $86,650 at 6%; with 50% employer match about $86,650 at 4% or $57,767 at 6%; with 100% employer match about $64,988 at 4% or $43,325 at 6%.
J P Scherrman Inc Profit Sharing Trust-10$1,436,178$51,990$5,199iApproximate average salary by contribution assumption: employee only about $129,975 at 4% or $86,650 at 6%; with 50% employer match about $86,650 at 4% or $57,767 at 6%; with 100% employer match about $64,988 at 4% or $43,325 at 6%.
2015110$1,190,315$52,030$5,203iApproximate average salary by contribution assumption: employee only about $130,075 at 4% or $86,717 at 6%; with 50% employer match about $86,717 at 4% or $57,811 at 6%; with 100% employer match about $65,038 at 4% or $43,358 at 6%.
J P Scherrman Inc Profit Sharing Trust-10$1,190,315$52,030$5,203iApproximate average salary by contribution assumption: employee only about $130,075 at 4% or $86,717 at 6%; with 50% employer match about $86,717 at 4% or $57,811 at 6%; with 100% employer match about $65,038 at 4% or $43,358 at 6%.
201419$1,136,492$60,549$6,728iApproximate average salary by contribution assumption: employee only about $168,192 at 4% or $112,128 at 6%; with 50% employer match about $112,128 at 4% or $74,752 at 6%; with 100% employer match about $84,096 at 4% or $56,064 at 6%.
J P Scherrman Inc Profit Sharing Trust-9$1,136,492$60,549$6,728iApproximate average salary by contribution assumption: employee only about $168,192 at 4% or $112,128 at 6%; with 50% employer match about $112,128 at 4% or $74,752 at 6%; with 100% employer match about $84,096 at 4% or $56,064 at 6%.
201318$1,053,123$52,434$6,554iApproximate average salary by contribution assumption: employee only about $163,856 at 4% or $109,238 at 6%; with 50% employer match about $109,238 at 4% or $72,825 at 6%; with 100% employer match about $81,928 at 4% or $54,619 at 6%.
J P Scherrman Inc Profit Sharing Trust-8$1,053,123$52,434$6,554iApproximate average salary by contribution assumption: employee only about $163,856 at 4% or $109,238 at 6%; with 50% employer match about $109,238 at 4% or $72,825 at 6%; with 100% employer match about $81,928 at 4% or $54,619 at 6%.
201218$1,149,297$43,436$5,430iApproximate average salary by contribution assumption: employee only about $135,738 at 4% or $90,492 at 6%; with 50% employer match about $90,492 at 4% or $60,328 at 6%; with 100% employer match about $67,869 at 4% or $45,246 at 6%.
J P Scherrman Inc Profit Sharing Trust-8$1,149,297$43,436$5,430iApproximate average salary by contribution assumption: employee only about $135,738 at 4% or $90,492 at 6%; with 50% employer match about $90,492 at 4% or $60,328 at 6%; with 100% employer match about $67,869 at 4% or $45,246 at 6%.
201119$973,452$38,078$4,231iApproximate average salary by contribution assumption: employee only about $105,772 at 4% or $70,515 at 6%; with 50% employer match about $70,515 at 4% or $47,010 at 6%; with 100% employer match about $52,886 at 4% or $35,257 at 6%.
J P Scherrman Inc Profit Sharing Trust-9$973,452$38,078$4,231iApproximate average salary by contribution assumption: employee only about $105,772 at 4% or $70,515 at 6%; with 50% employer match about $70,515 at 4% or $47,010 at 6%; with 100% employer match about $52,886 at 4% or $35,257 at 6%.
2010110$877,537$38,599$3,860iApproximate average salary by contribution assumption: employee only about $96,498 at 4% or $64,332 at 6%; with 50% employer match about $64,332 at 4% or $42,888 at 6%; with 100% employer match about $48,249 at 4% or $32,166 at 6%.
J P Scherrman Inc Profit Sharing Trust-10$877,537$38,599$3,860iApproximate average salary by contribution assumption: employee only about $96,498 at 4% or $64,332 at 6%; with 50% employer match about $64,332 at 4% or $42,888 at 6%; with 100% employer match about $48,249 at 4% or $32,166 at 6%.
2009210$820,727$38,820$3,882iApproximate average salary by contribution assumption: employee only about $97,050 at 4% or $64,700 at 6%; with 50% employer match about $64,700 at 4% or $43,133 at 6%; with 100% employer match about $48,525 at 4% or $32,350 at 6%.
J P Scherrman Inc Profit Sharing Trust-10$820,727$38,820$3,882iApproximate average salary by contribution assumption: employee only about $97,050 at 4% or $64,700 at 6%; with 50% employer match about $64,700 at 4% or $43,133 at 6%; with 100% employer match about $48,525 at 4% or $32,350 at 6%.
J P Scherrman Inc Profit Sharing Trust-----
200717$0$0-
J P Scherrman Inc Profit Sharing Trust-7---
200619$0$0-
J P Scherrman Inc Profit Sharing Trust-9---
200519$0$0-
J P Scherrman Inc Profit Sharing Trust-9---
200418$0$0-
J P Scherrman Inc Profit Sharing Trust-8---
2003110$0$0-
J P Scherrman Inc Profit Sharing Trust-10---
200219$0$0-
J P Scherrman Inc Profit Sharing Trust-9---
2001110$0$0-
J P Scherrman Inc Profit Sharing Trust-10---
200019$0$0-
J P Scherrman Inc Profit Sharing Trust-9---
199917$472,510$33,138$4,734iApproximate average salary by contribution assumption: employee only about $118,350 at 4% or $78,900 at 6%; with 50% employer match about $78,900 at 4% or $52,600 at 6%; with 100% employer match about $59,175 at 4% or $39,450 at 6%.
J P Scherrman Inc Profit Sharing Trust-7$472,510$33,138$4,734iApproximate average salary by contribution assumption: employee only about $118,350 at 4% or $78,900 at 6%; with 50% employer match about $78,900 at 4% or $52,600 at 6%; with 100% employer match about $59,175 at 4% or $39,450 at 6%.