Civic Intelligence

Frank Kern Inc.

Plan context: Frank Kern Inc. Cash Balance Plan

EIN 45-3060208 • Sunny Isles, FL • 11 filings • 3 plans

19575 Collins Avenue#19Sunny Isles, FL 33160
Current Snapshot

Latest Year

2019

2019 Participants

1

2019 Assets

$267,660

2019 Contributions

$18,613

Historical Graphs

Total Assets Over Time

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

$302,988$151,494$0201520172019YearValue
$267,660Latest year 2019

Participants Over Time

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

210201520172019YearValue
1Latest year 2019

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
201931$267,660$0-
Frank Kern Inc. Cash Balance Plan-1$224,364--
Frank Kern Inc. Cash Balance Plan-1$38,020--
FRANK KERN, INC. 401(K) PLAN-1$5,276--
201821$302,988$18,613$18,613iApproximate average salary by contribution assumption: employee only about $465,325 at 4% or $310,217 at 6%; with 50% employer match about $310,217 at 4% or $206,811 at 6%; with 100% employer match about $232,663 at 4% or $155,108 at 6%.
Frank Kern Inc. Cash Balance Plan-1$252,084$18,613$18,613iApproximate average salary by contribution assumption: employee only about $465,325 at 4% or $310,217 at 6%; with 50% employer match about $310,217 at 4% or $206,811 at 6%; with 100% employer match about $232,663 at 4% or $155,108 at 6%.
FRANK KERN, INC. 401(K) PLAN-1$50,904--
201721$275,306$14,650$14,650iApproximate average salary by contribution assumption: employee only about $366,250 at 4% or $244,167 at 6%; with 50% employer match about $244,167 at 4% or $162,778 at 6%; with 100% employer match about $183,125 at 4% or $122,083 at 6%.
Frank Kern Inc. Cash Balance Plan-1$224,163$14,650$14,650iApproximate average salary by contribution assumption: employee only about $366,250 at 4% or $244,167 at 6%; with 50% employer match about $244,167 at 4% or $162,778 at 6%; with 100% employer match about $183,125 at 4% or $122,083 at 6%.
FRANK KERN, INC. 401(K) PLAN-1$51,143--
201622$257,263$114,426$57,213iApproximate average salary by contribution assumption: employee only about $1,430,325 at 4% or $953,550 at 6%; with 50% employer match about $953,550 at 4% or $635,700 at 6%; with 100% employer match about $715,163 at 4% or $476,775 at 6%.
Frank Kern Inc. Cash Balance Plan-2$206,560$114,426$57,213iApproximate average salary by contribution assumption: employee only about $1,430,325 at 4% or $953,550 at 6%; with 50% employer match about $953,550 at 4% or $635,700 at 6%; with 100% employer match about $715,163 at 4% or $476,775 at 6%.
FRANK KERN, INC. 401(K) PLAN-1$50,703--
201521$143,609$110,483$110,483iApproximate average salary by contribution assumption: employee only about $2,762,075 at 4% or $1,841,383 at 6%; with 50% employer match about $1,841,383 at 4% or $1,227,589 at 6%; with 100% employer match about $1,381,038 at 4% or $920,692 at 6%.
Frank Kern Inc. Cash Balance Plan-1$92,505$92,483$92,483iApproximate average salary by contribution assumption: employee only about $2,312,075 at 4% or $1,541,383 at 6%; with 50% employer match about $1,541,383 at 4% or $1,027,589 at 6%; with 100% employer match about $1,156,038 at 4% or $770,692 at 6%.
FRANK KERN, INC. 401(K) PLAN-1$51,104$18,000$18,000iApproximate average salary by contribution assumption: employee only about $450,000 at 4% or $300,000 at 6%; with 50% employer match about $300,000 at 4% or $200,000 at 6%; with 100% employer match about $225,000 at 4% or $150,000 at 6%.
Frank Kern Inc. | EIN 45-3060208 | 2019 Form 5500 Company Profile