Civic Intelligence

Normann Financial Group LLC

Plan context: Normann Financial Group LLC 401 K Profit Sharing Plan Trust

EIN 47-4586710 • Sanford, NC • 9 filings • 2 plans

603 Carthage Street Suite 210Sanford, NC 27330
Current Snapshot

Latest Year

2023

2023 Participants

11

2023 Assets

$1,799,842

2023 Contributions

$167,944

Historical Graphs

Total Assets Over Time

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

$2,045,990$1,022,995$0201520192022YearValue
$1,799,842Latest year 2022

Participants Over Time

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

1370201520192022YearValue
11Latest year 2022

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
202310$0$167,944-
Normann Financial Group LLC 401 K Profit Sharing Plan Trust-0$0$167,944-
2022111$1,799,842$281,602$25,600iApproximate average salary by contribution assumption: employee only about $640,005 at 4% or $426,670 at 6%; with 50% employer match about $426,670 at 4% or $284,446 at 6%; with 100% employer match about $320,002 at 4% or $213,335 at 6%.
Normann Financial Group LLC 401 K Profit Sharing Plan Trust-11$1,799,842$281,602$25,600iApproximate average salary by contribution assumption: employee only about $640,005 at 4% or $426,670 at 6%; with 50% employer match about $426,670 at 4% or $284,446 at 6%; with 100% employer match about $320,002 at 4% or $213,335 at 6%.
2021113$2,045,990$244,026$18,771iApproximate average salary by contribution assumption: employee only about $469,281 at 4% or $312,854 at 6%; with 50% employer match about $312,854 at 4% or $208,569 at 6%; with 100% employer match about $234,640 at 4% or $156,427 at 6%.
Normann Financial Group LLC 401 K Profit Sharing Plan Trust-13$2,045,990$244,026$18,771iApproximate average salary by contribution assumption: employee only about $469,281 at 4% or $312,854 at 6%; with 50% employer match about $312,854 at 4% or $208,569 at 6%; with 100% employer match about $234,640 at 4% or $156,427 at 6%.
2020112$1,486,206$252,547$21,046iApproximate average salary by contribution assumption: employee only about $526,140 at 4% or $350,760 at 6%; with 50% employer match about $350,760 at 4% or $233,840 at 6%; with 100% employer match about $263,070 at 4% or $175,380 at 6%.
Normann Financial Group LLC 401 K Profit Sharing Plan Trust-12$1,486,206$252,547$21,046iApproximate average salary by contribution assumption: employee only about $526,140 at 4% or $350,760 at 6%; with 50% employer match about $350,760 at 4% or $233,840 at 6%; with 100% employer match about $263,070 at 4% or $175,380 at 6%.
2019111$1,027,286$221,960$20,178iApproximate average salary by contribution assumption: employee only about $504,455 at 4% or $336,303 at 6%; with 50% employer match about $336,303 at 4% or $224,202 at 6%; with 100% employer match about $252,227 at 4% or $168,152 at 6%.
Normann Financial Group LLC 401 K Profit Sharing Plan Trust-11$1,027,286$221,960$20,178iApproximate average salary by contribution assumption: employee only about $504,455 at 4% or $336,303 at 6%; with 50% employer match about $336,303 at 4% or $224,202 at 6%; with 100% employer match about $252,227 at 4% or $168,152 at 6%.
2018111$613,349$170,834$15,530iApproximate average salary by contribution assumption: employee only about $388,259 at 4% or $258,839 at 6%; with 50% employer match about $258,839 at 4% or $172,560 at 6%; with 100% employer match about $194,130 at 4% or $129,420 at 6%.
Normann Financial Group LLC 401 K Profit Sharing Plan Trust-11$613,349$170,834$15,530iApproximate average salary by contribution assumption: employee only about $388,259 at 4% or $258,839 at 6%; with 50% employer match about $258,839 at 4% or $172,560 at 6%; with 100% employer match about $194,130 at 4% or $129,420 at 6%.
2017110$494,479$159,212$15,921iApproximate average salary by contribution assumption: employee only about $398,030 at 4% or $265,353 at 6%; with 50% employer match about $265,353 at 4% or $176,902 at 6%; with 100% employer match about $199,015 at 4% or $132,677 at 6%.
Normann Financial Group LLC 401 K Profit Sharing Plan Trust-10$494,479$159,212$15,921iApproximate average salary by contribution assumption: employee only about $398,030 at 4% or $265,353 at 6%; with 50% employer match about $265,353 at 4% or $176,902 at 6%; with 100% employer match about $199,015 at 4% or $132,677 at 6%.
2016110$237,999$209,726$20,973iApproximate average salary by contribution assumption: employee only about $524,315 at 4% or $349,543 at 6%; with 50% employer match about $349,543 at 4% or $233,029 at 6%; with 100% employer match about $262,158 at 4% or $174,772 at 6%.
Normann Financial Group LLC 401 K Profit Sharing Plan Trust-10$237,999$209,726$20,973iApproximate average salary by contribution assumption: employee only about $524,315 at 4% or $349,543 at 6%; with 50% employer match about $349,543 at 4% or $233,029 at 6%; with 100% employer match about $262,158 at 4% or $174,772 at 6%.
201518$13,906$14,031$1,754iApproximate average salary by contribution assumption: employee only about $43,847 at 4% or $29,231 at 6%; with 50% employer match about $29,231 at 4% or $19,488 at 6%; with 100% employer match about $21,923 at 4% or $14,616 at 6%.
Normann Financial Group LLC 401 K Profit Sharing Plan Trust-8$13,906$14,031$1,754iApproximate average salary by contribution assumption: employee only about $43,847 at 4% or $29,231 at 6%; with 50% employer match about $29,231 at 4% or $19,488 at 6%; with 100% employer match about $21,923 at 4% or $14,616 at 6%.