Civic Intelligence

Darn Good Yarn Inc.

Plan context: DARN GOOD YARN, INC. DEFINED BENEFIT PENSION PLAN

EIN 45-3413532 • Halfmoon, NY • 19 filings • 4 plans

5 Executive Park Dr., Suite AHalfmoon, NY 12065
Current Snapshot

Latest Year

2024

2024 Participants

8

2024 Assets

$2,002,545

2024 Contributions

$61,235

Historical Graphs

Total Assets Over Time

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

$2,002,545$1,001,273$0201520192023YearValue
$2,002,545Latest year 2023

Participants Over Time

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

1470201520192023YearValue
8Latest year 2023

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
202420$0$0-
DARN GOOD YARN, INC. DEFINED BENEFIT PENSION PLAN-0$0$0-
Darn Good Yarn Inc. 401(K) Profit Sharing Plan-0$0--
202328$2,002,545$61,235$7,654iApproximate average salary by contribution assumption: employee only about $191,359 at 4% or $127,573 at 6%; with 50% employer match about $127,573 at 4% or $85,049 at 6%; with 100% employer match about $95,680 at 4% or $63,786 at 6%.
DARN GOOD YARN, INC. DEFINED BENEFIT PENSION PLAN-8$1,010,523$33,686$4,211iApproximate average salary by contribution assumption: employee only about $105,269 at 4% or $70,179 at 6%; with 50% employer match about $70,179 at 4% or $46,786 at 6%; with 100% employer match about $52,634 at 4% or $35,090 at 6%.
Darn Good Yarn Inc. 401(K) Profit Sharing Plan-8$992,022$27,549$3,444iApproximate average salary by contribution assumption: employee only about $86,091 at 4% or $57,394 at 6%; with 50% employer match about $57,394 at 4% or $38,263 at 6%; with 100% employer match about $43,045 at 4% or $28,697 at 6%.
2022214$1,646,916$215,048$15,361iApproximate average salary by contribution assumption: employee only about $384,014 at 4% or $256,010 at 6%; with 50% employer match about $256,010 at 4% or $170,673 at 6%; with 100% employer match about $192,007 at 4% or $128,005 at 6%.
DARN GOOD YARN, INC. DEFINED BENEFIT PENSION PLAN-8$840,725$174,700$21,838iApproximate average salary by contribution assumption: employee only about $545,938 at 4% or $363,958 at 6%; with 50% employer match about $363,958 at 4% or $242,639 at 6%; with 100% employer match about $272,969 at 4% or $181,979 at 6%.
Darn Good Yarn Inc. 401(K) Profit Sharing Plan-14$806,191$40,348$2,882iApproximate average salary by contribution assumption: employee only about $72,050 at 4% or $48,033 at 6%; with 50% employer match about $48,033 at 4% or $32,022 at 6%; with 100% employer match about $36,025 at 4% or $24,017 at 6%.
2021212$1,957,606$57,231$4,769iApproximate average salary by contribution assumption: employee only about $119,231 at 4% or $79,488 at 6%; with 50% employer match about $79,488 at 4% or $52,992 at 6%; with 100% employer match about $59,616 at 4% or $39,744 at 6%.
Darn Good Yarn Inc. 401(K) Profit Sharing Plan-12$1,141,804$57,231$4,769iApproximate average salary by contribution assumption: employee only about $119,231 at 4% or $79,488 at 6%; with 50% employer match about $79,488 at 4% or $52,992 at 6%; with 100% employer match about $59,616 at 4% or $39,744 at 6%.
DARN GOOD YARN DEFINED BENEFIT PENSION PLAN-8$815,802$0-
2020211$1,673,378$260,625$23,693iApproximate average salary by contribution assumption: employee only about $592,330 at 4% or $394,886 at 6%; with 50% employer match about $394,886 at 4% or $263,258 at 6%; with 100% employer match about $296,165 at 4% or $197,443 at 6%.
Darn Good Yarn Inc. 401(K) Profit Sharing Plan-11$960,343$180,625$16,420iApproximate average salary by contribution assumption: employee only about $410,511 at 4% or $273,674 at 6%; with 50% employer match about $273,674 at 4% or $182,449 at 6%; with 100% employer match about $205,256 at 4% or $136,837 at 6%.
DARN GOOD YARN DEFINED BENEFIT PENSION PLAN-8$713,035$80,000$10,000iApproximate average salary by contribution assumption: employee only about $250,000 at 4% or $166,667 at 6%; with 50% employer match about $166,667 at 4% or $111,111 at 6%; with 100% employer match about $125,000 at 4% or $83,333 at 6%.
201929$1,253,236$172,206$19,134iApproximate average salary by contribution assumption: employee only about $478,350 at 4% or $318,900 at 6%; with 50% employer match about $318,900 at 4% or $212,600 at 6%; with 100% employer match about $239,175 at 4% or $159,450 at 6%.
Darn Good Yarn Inc. 401(K) Profit Sharing Plan-9$682,593$172,206$19,134iApproximate average salary by contribution assumption: employee only about $478,350 at 4% or $318,900 at 6%; with 50% employer match about $318,900 at 4% or $212,600 at 6%; with 100% employer match about $239,175 at 4% or $159,450 at 6%.
DARN GOOD YARN DEFINED BENEFIT PENSION PLAN-7$570,643$0-
201828$868,628$234,445$29,306iApproximate average salary by contribution assumption: employee only about $732,641 at 4% or $488,427 at 6%; with 50% employer match about $488,427 at 4% or $325,618 at 6%; with 100% employer match about $366,320 at 4% or $244,214 at 6%.
DARN GOOD YARN DEFINED BENEFIT PENSION PLAN-8$459,865$80,000$10,000iApproximate average salary by contribution assumption: employee only about $250,000 at 4% or $166,667 at 6%; with 50% employer match about $166,667 at 4% or $111,111 at 6%; with 100% employer match about $125,000 at 4% or $83,333 at 6%.
Darn Good Yarn Inc. 401(K) Profit Sharing Plan-8$408,763$154,445$19,306iApproximate average salary by contribution assumption: employee only about $482,641 at 4% or $321,760 at 6%; with 50% employer match about $321,760 at 4% or $214,507 at 6%; with 100% employer match about $241,320 at 4% or $160,880 at 6%.
201725$717,784$420,689$84,138iApproximate average salary by contribution assumption: employee only about $2,103,445 at 4% or $1,402,297 at 6%; with 50% employer match about $1,402,297 at 4% or $934,864 at 6%; with 100% employer match about $1,051,723 at 4% or $701,148 at 6%.
DARN GOOD YARN DEFINED BENEFIT PENSION PLAN-5$427,339$292,430$58,486iApproximate average salary by contribution assumption: employee only about $1,462,150 at 4% or $974,767 at 6%; with 50% employer match about $974,767 at 4% or $649,844 at 6%; with 100% employer match about $731,075 at 4% or $487,383 at 6%.
Darn Good Yarn Inc. 401(K) Profit Sharing Plan-5$290,445$128,259$25,652iApproximate average salary by contribution assumption: employee only about $641,295 at 4% or $427,530 at 6%; with 50% employer match about $427,530 at 4% or $285,020 at 6%; with 100% employer match about $320,648 at 4% or $213,765 at 6%.
201625$257,672$200,993$40,199iApproximate average salary by contribution assumption: employee only about $1,004,965 at 4% or $669,977 at 6%; with 50% employer match about $669,977 at 4% or $446,651 at 6%; with 100% employer match about $502,483 at 4% or $334,988 at 6%.
Darn Good Yarn Inc. 401(K) Profit Sharing Plan-5$139,404$82,725$16,545iApproximate average salary by contribution assumption: employee only about $413,625 at 4% or $275,750 at 6%; with 50% employer match about $275,750 at 4% or $183,833 at 6%; with 100% employer match about $206,813 at 4% or $137,875 at 6%.
DARN GOOD YARN DEFINED BENEFIT PENSION PLAN-3$118,268$118,268$39,423iApproximate average salary by contribution assumption: employee only about $985,567 at 4% or $657,044 at 6%; with 50% employer match about $657,044 at 4% or $438,030 at 6%; with 100% employer match about $492,783 at 4% or $328,522 at 6%.
201511$53,000$53,000$53,000iApproximate average salary by contribution assumption: employee only about $1,325,000 at 4% or $883,333 at 6%; with 50% employer match about $883,333 at 4% or $588,889 at 6%; with 100% employer match about $662,500 at 4% or $441,667 at 6%.
Darn Good Yarn Inc. 401(K) Profit Sharing Plan-1$53,000$53,000$53,000iApproximate average salary by contribution assumption: employee only about $1,325,000 at 4% or $883,333 at 6%; with 50% employer match about $883,333 at 4% or $588,889 at 6%; with 100% employer match about $662,500 at 4% or $441,667 at 6%.