Civic Intelligence

Jeffrey Farkas MD LLC

Plan context: JEFFREY FARKAS, M.D. LLC CASH BALANCE PLAN

EIN 46-1672913 • Bergenfield, NJ • 15 filings • 3 plans

43 Westminster AvenueBergenfield, NJ 07621
Current Snapshot

Latest Year

2024

2024 Participants

25

2024 Assets

$6,326,306

2024 Contributions

$1,261,071

Historical Graphs

Total Assets Over Time

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

$6,326,306$3,163,153$0201520202024YearValue
$6,326,306Latest year 2024

Participants Over Time

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

27140201520202024YearValue
25Latest 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
2024225$6,326,306$1,261,071$50,443iApproximate average salary by contribution assumption: employee only about $1,261,071 at 4% or $840,714 at 6%; with 50% employer match about $840,714 at 4% or $560,476 at 6%; with 100% employer match about $630,536 at 4% or $420,357 at 6%.
JEFFREY FARKAS, M.D. LLC CASH BALANCE PLAN-19$3,237,799$1,003,000$52,789iApproximate average salary by contribution assumption: employee only about $1,319,737 at 4% or $879,825 at 6%; with 50% employer match about $879,825 at 4% or $586,550 at 6%; with 100% employer match about $659,868 at 4% or $439,912 at 6%.
Jeffrey Farkas MD LLC 401(K) Plan-25$3,088,507$258,071$10,323iApproximate average salary by contribution assumption: employee only about $258,071 at 4% or $172,047 at 6%; with 50% employer match about $172,047 at 4% or $114,698 at 6%; with 100% employer match about $129,036 at 4% or $86,024 at 6%.
2023227$4,891,957$782,092$28,966iApproximate average salary by contribution assumption: employee only about $724,159 at 4% or $482,773 at 6%; with 50% employer match about $482,773 at 4% or $321,849 at 6%; with 100% employer match about $362,080 at 4% or $241,386 at 6%.
Jeffrey Farkas MD LLC 401(K) Plan-27$2,745,260$292,703$10,841iApproximate average salary by contribution assumption: employee only about $271,021 at 4% or $180,681 at 6%; with 50% employer match about $180,681 at 4% or $120,454 at 6%; with 100% employer match about $135,511 at 4% or $90,340 at 6%.
JEFFREY FARKAS MD LLC CASH BALANCE PLAN-24$2,146,697$489,389$20,391iApproximate average salary by contribution assumption: employee only about $509,780 at 4% or $339,853 at 6%; with 50% employer match about $339,853 at 4% or $226,569 at 6%; with 100% employer match about $254,890 at 4% or $169,927 at 6%.
2022227$3,957,437$725,170$26,858iApproximate average salary by contribution assumption: employee only about $671,454 at 4% or $447,636 at 6%; with 50% employer match about $447,636 at 4% or $298,424 at 6%; with 100% employer match about $335,727 at 4% or $223,818 at 6%.
Jeffrey Farkas MD LLC 401(K) Plan-27$2,119,721$333,673$12,358iApproximate average salary by contribution assumption: employee only about $308,956 at 4% or $205,971 at 6%; with 50% employer match about $205,971 at 4% or $137,314 at 6%; with 100% employer match about $154,478 at 4% or $102,985 at 6%.
JEFFREY FARKAS MD LLC CASH BALANCE PLAN-26$1,837,716$391,497$15,058iApproximate average salary by contribution assumption: employee only about $376,439 at 4% or $250,960 at 6%; with 50% employer match about $250,960 at 4% or $167,306 at 6%; with 100% employer match about $188,220 at 4% or $125,480 at 6%.
2021223$3,616,478$1,306,265$56,794iApproximate average salary by contribution assumption: employee only about $1,419,853 at 4% or $946,569 at 6%; with 50% employer match about $946,569 at 4% or $631,046 at 6%; with 100% employer match about $709,927 at 4% or $473,284 at 6%.
Jeffrey Farkas MD LLC 401(K) Plan-23$2,130,683$406,265$17,664iApproximate average salary by contribution assumption: employee only about $441,592 at 4% or $294,395 at 6%; with 50% employer match about $294,395 at 4% or $196,263 at 6%; with 100% employer match about $220,796 at 4% or $147,197 at 6%.
JEFFREY FARKAS MD LLC CASH BALANCE PLAN-20$1,485,795$900,000$45,000iApproximate average salary by contribution assumption: employee only about $1,125,000 at 4% or $750,000 at 6%; with 50% employer match about $750,000 at 4% or $500,000 at 6%; with 100% employer match about $562,500 at 4% or $375,000 at 6%.
2020220$2,121,777$783,578$39,179iApproximate average salary by contribution assumption: employee only about $979,473 at 4% or $652,982 at 6%; with 50% employer match about $652,982 at 4% or $435,321 at 6%; with 100% employer match about $489,736 at 4% or $326,491 at 6%.
Jeffrey Farkas MD LLC 401(K) Plan-20$1,539,813$201,614$10,081iApproximate average salary by contribution assumption: employee only about $252,018 at 4% or $168,012 at 6%; with 50% employer match about $168,012 at 4% or $112,008 at 6%; with 100% employer match about $126,009 at 4% or $84,006 at 6%.
JEFFREY FARKAS MD LLC CASH BALANCE PLAN-17$581,964$581,964$34,233iApproximate average salary by contribution assumption: employee only about $855,829 at 4% or $570,553 at 6%; with 50% employer match about $570,553 at 4% or $380,369 at 6%; with 100% employer match about $427,915 at 4% or $285,276 at 6%.
2019115$1,194,136$190,067$12,671iApproximate average salary by contribution assumption: employee only about $316,778 at 4% or $211,186 at 6%; with 50% employer match about $211,186 at 4% or $140,790 at 6%; with 100% employer match about $158,389 at 4% or $105,593 at 6%.
Jeffrey Farkas MD LLC 401(K) Plan-15$1,194,136$190,067$12,671iApproximate average salary by contribution assumption: employee only about $316,778 at 4% or $211,186 at 6%; with 50% employer match about $211,186 at 4% or $140,790 at 6%; with 100% employer match about $158,389 at 4% or $105,593 at 6%.
2018111$897,111$174,594$15,872iApproximate average salary by contribution assumption: employee only about $396,805 at 4% or $264,536 at 6%; with 50% employer match about $264,536 at 4% or $176,358 at 6%; with 100% employer match about $198,402 at 4% or $132,268 at 6%.
Jeffrey Farkas MD LLC 401(K) Plan-11$897,111$174,594$15,872iApproximate average salary by contribution assumption: employee only about $396,805 at 4% or $264,536 at 6%; with 50% employer match about $264,536 at 4% or $176,358 at 6%; with 100% employer match about $198,402 at 4% or $132,268 at 6%.
201718$772,148$215,200$26,900iApproximate average salary by contribution assumption: employee only about $672,500 at 4% or $448,333 at 6%; with 50% employer match about $448,333 at 4% or $298,889 at 6%; with 100% employer match about $336,250 at 4% or $224,167 at 6%.
Jeffrey Farkas MD LLC 401(K) Plan-8$772,148$215,200$26,900iApproximate average salary by contribution assumption: employee only about $672,500 at 4% or $448,333 at 6%; with 50% employer match about $448,333 at 4% or $298,889 at 6%; with 100% employer match about $336,250 at 4% or $224,167 at 6%.
201614$506,694$142,900$35,725iApproximate average salary by contribution assumption: employee only about $893,125 at 4% or $595,417 at 6%; with 50% employer match about $595,417 at 4% or $396,944 at 6%; with 100% employer match about $446,563 at 4% or $297,708 at 6%.
Jeffrey Farkas MD LLC 401(K) Plan-4$506,694$142,900$35,725iApproximate average salary by contribution assumption: employee only about $893,125 at 4% or $595,417 at 6%; with 50% employer match about $595,417 at 4% or $396,944 at 6%; with 100% employer match about $446,563 at 4% or $297,708 at 6%.
201513$350,454$119,950$39,983iApproximate average salary by contribution assumption: employee only about $999,583 at 4% or $666,389 at 6%; with 50% employer match about $666,389 at 4% or $444,259 at 6%; with 100% employer match about $499,792 at 4% or $333,194 at 6%.
Jeffrey Farkas MD LLC 401(K) Plan-3$350,454$119,950$39,983iApproximate average salary by contribution assumption: employee only about $999,583 at 4% or $666,389 at 6%; with 50% employer match about $666,389 at 4% or $444,259 at 6%; with 100% employer match about $499,792 at 4% or $333,194 at 6%.