Civic Intelligence

Somerset Psychological Group, P.A.

Plan context: Somerset Psychological Group, P.A. Profit Sharing Plan

EIN 47-1197837 • Martinsville, NJ • 10 filings • 1 plans

792 Chimney Rock Road, Ste CMartinsville, NJ 08876
Current Snapshot

Latest Year

2024

2024 Participants

6

2024 Assets

$1,715,113

2024 Contributions

$120,142

Historical Graphs

Total Assets Over Time

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

$1,945,412$972,706$0201520202024YearValue
$1,715,113Latest year 2024

Participants Over Time

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

630201520202024YearValue
6Latest 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
202416$1,715,113$120,142$20,024iApproximate average salary by contribution assumption: employee only about $500,592 at 4% or $333,728 at 6%; with 50% employer match about $333,728 at 4% or $222,485 at 6%; with 100% employer match about $250,296 at 4% or $166,864 at 6%.
Somerset Psychological Group, P.A. Profit Sharing Plan-6$1,715,113$120,142$20,024iApproximate average salary by contribution assumption: employee only about $500,592 at 4% or $333,728 at 6%; with 50% employer match about $333,728 at 4% or $222,485 at 6%; with 100% employer match about $250,296 at 4% or $166,864 at 6%.
202315$1,408,252$91,887$18,377iApproximate average salary by contribution assumption: employee only about $459,435 at 4% or $306,290 at 6%; with 50% employer match about $306,290 at 4% or $204,193 at 6%; with 100% employer match about $229,718 at 4% or $153,145 at 6%.
Somerset Psychological Group, P.A. Profit Sharing Plan-5$1,408,252$91,887$18,377iApproximate average salary by contribution assumption: employee only about $459,435 at 4% or $306,290 at 6%; with 50% employer match about $306,290 at 4% or $204,193 at 6%; with 100% employer match about $229,718 at 4% or $153,145 at 6%.
202215$1,119,182$77,195$15,439iApproximate average salary by contribution assumption: employee only about $385,975 at 4% or $257,317 at 6%; with 50% employer match about $257,317 at 4% or $171,544 at 6%; with 100% employer match about $192,988 at 4% or $128,658 at 6%.
Somerset Psychological Group, P.A. Profit Sharing Plan-5$1,119,182$77,195$15,439iApproximate average salary by contribution assumption: employee only about $385,975 at 4% or $257,317 at 6%; with 50% employer match about $257,317 at 4% or $171,544 at 6%; with 100% employer match about $192,988 at 4% or $128,658 at 6%.
202115$1,945,412$93,178$18,636iApproximate average salary by contribution assumption: employee only about $465,890 at 4% or $310,593 at 6%; with 50% employer match about $310,593 at 4% or $207,062 at 6%; with 100% employer match about $232,945 at 4% or $155,297 at 6%.
Somerset Psychological Group, P.A. Profit Sharing Plan-5$1,945,412$93,178$18,636iApproximate average salary by contribution assumption: employee only about $465,890 at 4% or $310,593 at 6%; with 50% employer match about $310,593 at 4% or $207,062 at 6%; with 100% employer match about $232,945 at 4% or $155,297 at 6%.
202015$1,594,873$89,867$17,973iApproximate average salary by contribution assumption: employee only about $449,335 at 4% or $299,557 at 6%; with 50% employer match about $299,557 at 4% or $199,704 at 6%; with 100% employer match about $224,668 at 4% or $149,778 at 6%.
Somerset Psychological Group, P.A. Profit Sharing Plan-5$1,594,873$89,867$17,973iApproximate average salary by contribution assumption: employee only about $449,335 at 4% or $299,557 at 6%; with 50% employer match about $299,557 at 4% or $199,704 at 6%; with 100% employer match about $224,668 at 4% or $149,778 at 6%.
201914$1,464,453$72,565$18,141iApproximate average salary by contribution assumption: employee only about $453,531 at 4% or $302,354 at 6%; with 50% employer match about $302,354 at 4% or $201,569 at 6%; with 100% employer match about $226,766 at 4% or $151,177 at 6%.
Somerset Psychological Group, P.A. Profit Sharing Plan-4$1,464,453$72,565$18,141iApproximate average salary by contribution assumption: employee only about $453,531 at 4% or $302,354 at 6%; with 50% employer match about $302,354 at 4% or $201,569 at 6%; with 100% employer match about $226,766 at 4% or $151,177 at 6%.
201814$1,195,347$79,009$19,752iApproximate average salary by contribution assumption: employee only about $493,806 at 4% or $329,204 at 6%; with 50% employer match about $329,204 at 4% or $219,469 at 6%; with 100% employer match about $246,903 at 4% or $164,602 at 6%.
Somerset Psychological Group, P.A. Profit Sharing Plan-4$1,195,347$79,009$19,752iApproximate average salary by contribution assumption: employee only about $493,806 at 4% or $329,204 at 6%; with 50% employer match about $329,204 at 4% or $219,469 at 6%; with 100% employer match about $246,903 at 4% or $164,602 at 6%.
201713$1,233,637$69,000$23,000iApproximate average salary by contribution assumption: employee only about $575,000 at 4% or $383,333 at 6%; with 50% employer match about $383,333 at 4% or $255,556 at 6%; with 100% employer match about $287,500 at 4% or $191,667 at 6%.
Somerset Psychological Group, P.A. Profit Sharing Plan-3$1,233,637$69,000$23,000iApproximate average salary by contribution assumption: employee only about $575,000 at 4% or $383,333 at 6%; with 50% employer match about $383,333 at 4% or $255,556 at 6%; with 100% employer match about $287,500 at 4% or $191,667 at 6%.
201613$1,005,203$55,000$18,333iApproximate average salary by contribution assumption: employee only about $458,333 at 4% or $305,556 at 6%; with 50% employer match about $305,556 at 4% or $203,704 at 6%; with 100% employer match about $229,167 at 4% or $152,778 at 6%.
Somerset Psychological Group, P.A. Profit Sharing Plan-3$1,005,203$55,000$18,333iApproximate average salary by contribution assumption: employee only about $458,333 at 4% or $305,556 at 6%; with 50% employer match about $305,556 at 4% or $203,704 at 6%; with 100% employer match about $229,167 at 4% or $152,778 at 6%.
201513$1,175,789$1,256,787$418,929iApproximate average salary by contribution assumption: employee only about $10,473,225 at 4% or $6,982,150 at 6%; with 50% employer match about $6,982,150 at 4% or $4,654,767 at 6%; with 100% employer match about $5,236,613 at 4% or $3,491,075 at 6%.
Somerset Psychological Group, P.A. Profit Sharing Plan-3$1,175,789$1,256,787$418,929iApproximate average salary by contribution assumption: employee only about $10,473,225 at 4% or $6,982,150 at 6%; with 50% employer match about $6,982,150 at 4% or $4,654,767 at 6%; with 100% employer match about $5,236,613 at 4% or $3,491,075 at 6%.