Civic Intelligence

Formatop Company

Plan context: Formatop Company 401(K) Profit Sharing Plan

EIN 42-0839731 • Sioux Falls, SD • 26 filings • 2 plans

101 South Franklin AvenueSioux Falls, SD 57103
Current Snapshot

Latest Year

2024

2024 Participants

24

2024 Assets

$1,395,814

2024 Contributions

$69,981

Historical Graphs

Total Assets Over Time

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

$1,983,945$991,973$0199920152024YearValue
$1,395,814Latest year 2024

Participants Over Time

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

39200199920122024YearValue
24Latest year 2024

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
2024124$1,395,814$69,981$2,916iApproximate average salary by contribution assumption: employee only about $72,897 at 4% or $48,598 at 6%; with 50% employer match about $48,598 at 4% or $32,399 at 6%; with 100% employer match about $36,448 at 4% or $24,299 at 6%.
Formatop Company 401(K) Profit Sharing Plan-24$1,395,814$69,981$2,916iApproximate average salary by contribution assumption: employee only about $72,897 at 4% or $48,598 at 6%; with 50% employer match about $48,598 at 4% or $32,399 at 6%; with 100% employer match about $36,448 at 4% or $24,299 at 6%.
2023125$1,194,586$92,120$3,685iApproximate average salary by contribution assumption: employee only about $92,120 at 4% or $61,413 at 6%; with 50% employer match about $61,413 at 4% or $40,942 at 6%; with 100% employer match about $46,060 at 4% or $30,707 at 6%.
Formatop Company 401(K) Profit Sharing Plan-25$1,194,586$92,120$3,685iApproximate average salary by contribution assumption: employee only about $92,120 at 4% or $61,413 at 6%; with 50% employer match about $61,413 at 4% or $40,942 at 6%; with 100% employer match about $46,060 at 4% or $30,707 at 6%.
2022121$1,029,061$86,536$4,121iApproximate average salary by contribution assumption: employee only about $103,019 at 4% or $68,679 at 6%; with 50% employer match about $68,679 at 4% or $45,786 at 6%; with 100% employer match about $51,510 at 4% or $34,340 at 6%.
Formatop Company 401(K) Profit Sharing Plan-21$1,029,061$86,536$4,121iApproximate average salary by contribution assumption: employee only about $103,019 at 4% or $68,679 at 6%; with 50% employer match about $68,679 at 4% or $45,786 at 6%; with 100% employer match about $51,510 at 4% or $34,340 at 6%.
2021118$1,475,261$46,093$2,561iApproximate average salary by contribution assumption: employee only about $64,018 at 4% or $42,679 at 6%; with 50% employer match about $42,679 at 4% or $28,452 at 6%; with 100% employer match about $32,009 at 4% or $21,339 at 6%.
Formatop Company 401(K) Profit Sharing Plan-18$1,475,261$46,093$2,561iApproximate average salary by contribution assumption: employee only about $64,018 at 4% or $42,679 at 6%; with 50% employer match about $42,679 at 4% or $28,452 at 6%; with 100% employer match about $32,009 at 4% or $21,339 at 6%.
2020117$1,314,732$46,261$2,721iApproximate average salary by contribution assumption: employee only about $68,031 at 4% or $45,354 at 6%; with 50% employer match about $45,354 at 4% or $30,236 at 6%; with 100% employer match about $34,015 at 4% or $22,677 at 6%.
Formatop Company 401(K) Profit Sharing Plan-17$1,314,732$46,261$2,721iApproximate average salary by contribution assumption: employee only about $68,031 at 4% or $45,354 at 6%; with 50% employer match about $45,354 at 4% or $30,236 at 6%; with 100% employer match about $34,015 at 4% or $22,677 at 6%.
2019120$1,680,085$76,689$3,834iApproximate average salary by contribution assumption: employee only about $95,861 at 4% or $63,908 at 6%; with 50% employer match about $63,908 at 4% or $42,605 at 6%; with 100% employer match about $47,931 at 4% or $31,954 at 6%.
Formatop Company 401(K) Profit Sharing Plan-20$1,680,085$76,689$3,834iApproximate average salary by contribution assumption: employee only about $95,861 at 4% or $63,908 at 6%; with 50% employer match about $63,908 at 4% or $42,605 at 6%; with 100% employer match about $47,931 at 4% or $31,954 at 6%.
2018123$1,352,242$85,140$3,702iApproximate average salary by contribution assumption: employee only about $92,543 at 4% or $61,696 at 6%; with 50% employer match about $61,696 at 4% or $41,130 at 6%; with 100% employer match about $46,272 at 4% or $30,848 at 6%.
Formatop Company 401(K) Profit Sharing Plan-23$1,352,242$85,140$3,702iApproximate average salary by contribution assumption: employee only about $92,543 at 4% or $61,696 at 6%; with 50% employer match about $61,696 at 4% or $41,130 at 6%; with 100% employer match about $46,272 at 4% or $30,848 at 6%.
2017121$1,364,146$79,341$3,778iApproximate average salary by contribution assumption: employee only about $94,454 at 4% or $62,969 at 6%; with 50% employer match about $62,969 at 4% or $41,979 at 6%; with 100% employer match about $47,227 at 4% or $31,485 at 6%.
Formatop Company 401(K) Profit Sharing Plan-21$1,364,146$79,341$3,778iApproximate average salary by contribution assumption: employee only about $94,454 at 4% or $62,969 at 6%; with 50% employer match about $62,969 at 4% or $41,979 at 6%; with 100% employer match about $47,227 at 4% or $31,485 at 6%.
2016121$1,333,322$74,708$3,558iApproximate average salary by contribution assumption: employee only about $88,938 at 4% or $59,292 at 6%; with 50% employer match about $59,292 at 4% or $39,528 at 6%; with 100% employer match about $44,469 at 4% or $29,646 at 6%.
Formatop Company 401(K) Profit Sharing Plan-21$1,333,322$74,708$3,558iApproximate average salary by contribution assumption: employee only about $88,938 at 4% or $59,292 at 6%; with 50% employer match about $59,292 at 4% or $39,528 at 6%; with 100% employer match about $44,469 at 4% or $29,646 at 6%.
2015125$1,187,595$41,896$1,676iApproximate average salary by contribution assumption: employee only about $41,896 at 4% or $27,931 at 6%; with 50% employer match about $27,931 at 4% or $18,620 at 6%; with 100% employer match about $20,948 at 4% or $13,965 at 6%.
Formatop Company 401(K) Profit Sharing Plan-25$1,187,595$41,896$1,676iApproximate average salary by contribution assumption: employee only about $41,896 at 4% or $27,931 at 6%; with 50% employer match about $27,931 at 4% or $18,620 at 6%; with 100% employer match about $20,948 at 4% or $13,965 at 6%.
2014123$1,983,945$51,295$2,230iApproximate average salary by contribution assumption: employee only about $55,755 at 4% or $37,170 at 6%; with 50% employer match about $37,170 at 4% or $24,780 at 6%; with 100% employer match about $27,878 at 4% or $18,585 at 6%.
Formatop Company 401(K) Profit Sharing Plan-23$1,983,945$51,295$2,230iApproximate average salary by contribution assumption: employee only about $55,755 at 4% or $37,170 at 6%; with 50% employer match about $37,170 at 4% or $24,780 at 6%; with 100% employer match about $27,878 at 4% or $18,585 at 6%.
2013119$1,823,491$39,946$2,102iApproximate average salary by contribution assumption: employee only about $52,561 at 4% or $35,040 at 6%; with 50% employer match about $35,040 at 4% or $23,360 at 6%; with 100% employer match about $26,280 at 4% or $17,520 at 6%.
Formatop Company 401(K) Profit Sharing Plan-19$1,823,491$39,946$2,102iApproximate average salary by contribution assumption: employee only about $52,561 at 4% or $35,040 at 6%; with 50% employer match about $35,040 at 4% or $23,360 at 6%; with 100% employer match about $26,280 at 4% or $17,520 at 6%.
2012122$1,597,870$43,483$1,977iApproximate average salary by contribution assumption: employee only about $49,413 at 4% or $32,942 at 6%; with 50% employer match about $32,942 at 4% or $21,961 at 6%; with 100% employer match about $24,706 at 4% or $16,471 at 6%.
Formatop Company 401(K) Profit Sharing Plan-22$1,597,870$43,483$1,977iApproximate average salary by contribution assumption: employee only about $49,413 at 4% or $32,942 at 6%; with 50% employer match about $32,942 at 4% or $21,961 at 6%; with 100% employer match about $24,706 at 4% or $16,471 at 6%.
2011126$1,342,306$143,608$5,523iApproximate average salary by contribution assumption: employee only about $138,085 at 4% or $92,056 at 6%; with 50% employer match about $92,056 at 4% or $61,371 at 6%; with 100% employer match about $69,042 at 4% or $46,028 at 6%.
Formatop Company 401(K) Profit Sharing Plan-26$1,342,306$143,608$5,523iApproximate average salary by contribution assumption: employee only about $138,085 at 4% or $92,056 at 6%; with 50% employer match about $92,056 at 4% or $61,371 at 6%; with 100% employer match about $69,042 at 4% or $46,028 at 6%.
2010124$1,283,090$37,621$1,568iApproximate average salary by contribution assumption: employee only about $39,189 at 4% or $26,126 at 6%; with 50% employer match about $26,126 at 4% or $17,417 at 6%; with 100% employer match about $19,594 at 4% or $13,063 at 6%.
Formatop Company 401(K) Profit Sharing Plan-24$1,283,090$37,621$1,568iApproximate average salary by contribution assumption: employee only about $39,189 at 4% or $26,126 at 6%; with 50% employer match about $26,126 at 4% or $17,417 at 6%; with 100% employer match about $19,594 at 4% or $13,063 at 6%.
2009139$1,134,073$44,887$1,151iApproximate average salary by contribution assumption: employee only about $28,774 at 4% or $19,182 at 6%; with 50% employer match about $19,182 at 4% or $12,788 at 6%; with 100% employer match about $14,387 at 4% or $9,591 at 6%.
Formatop Company 401(K) Profit Sharing Plan-39$1,134,073$44,887$1,151iApproximate average salary by contribution assumption: employee only about $28,774 at 4% or $19,182 at 6%; with 50% employer match about $19,182 at 4% or $12,788 at 6%; with 100% employer match about $14,387 at 4% or $9,591 at 6%.
2008127$0$0-
Formatop Company 401(K) Profit Sharing Plan-27---
2007128$0$0-
Formatop Company 401(K) Profit Sharing Plan-28---
2006125$0$0-
Formatop Company 401(K) Profit Sharing Plan-25---
2005131$1,528,544$66,952$2,160iApproximate average salary by contribution assumption: employee only about $53,994 at 4% or $35,996 at 6%; with 50% employer match about $35,996 at 4% or $23,997 at 6%; with 100% employer match about $26,997 at 4% or $17,998 at 6%.
Formatop Company 401(K) Profit Sharing Plan-31$1,528,544$66,952$2,160iApproximate average salary by contribution assumption: employee only about $53,994 at 4% or $35,996 at 6%; with 50% employer match about $35,996 at 4% or $23,997 at 6%; with 100% employer match about $26,997 at 4% or $17,998 at 6%.
2004127$1,351,514$56,731$2,101iApproximate average salary by contribution assumption: employee only about $52,529 at 4% or $35,019 at 6%; with 50% employer match about $35,019 at 4% or $23,346 at 6%; with 100% employer match about $26,264 at 4% or $17,510 at 6%.
Formatop Company 401(K) Profit Sharing Plan-27$1,351,514$56,731$2,101iApproximate average salary by contribution assumption: employee only about $52,529 at 4% or $35,019 at 6%; with 50% employer match about $35,019 at 4% or $23,346 at 6%; with 100% employer match about $26,264 at 4% or $17,510 at 6%.
2003131$0$0-
Formatop Company 401(K) Profit Sharing Plan-31---
2002126$0$0-
Formatop Company 401(K) Profit Sharing Plan-26---
2001126$0$0-
Formatop Company 401(K) Profit Sharing Plan-26---
2000123$0$0-
Formatop Company 401(K) Profit Sharing Plan-23---
1999124$1,090,917$54,099$2,254iApproximate average salary by contribution assumption: employee only about $56,353 at 4% or $37,569 at 6%; with 50% employer match about $37,569 at 4% or $25,046 at 6%; with 100% employer match about $28,177 at 4% or $18,784 at 6%.
Formatop Company 401(K) Profit Sharing Plan-24$1,090,917$54,099$2,254iApproximate average salary by contribution assumption: employee only about $56,353 at 4% or $37,569 at 6%; with 50% employer match about $37,569 at 4% or $25,046 at 6%; with 100% employer match about $28,177 at 4% or $18,784 at 6%.