Civic Intelligence

Francis a. Palermo, M.D., P.A.

Plan context: Francis a. Palermo, M.D., P.A. Profit Sharing Plan

EIN 51-0376896 • Newark, DE • 42 filings • 4 plans

620 Stanton-christiana RoadSuite 301Newark, DE 19713
Current Snapshot

Latest Year

2024

2024 Participants

7

2024 Assets

$4,208,326

2024 Contributions

$183,471

Historical Graphs

Total Assets Over Time

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

$4,574,567$2,287,284$0199920132024YearValue
$4,208,326Latest year 2024

Participants Over Time

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

1160199920122024YearValue
7Latest 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
202427$4,208,326$183,471$26,210iApproximate average salary by contribution assumption: employee only about $655,254 at 4% or $436,836 at 6%; with 50% employer match about $436,836 at 4% or $291,224 at 6%; with 100% employer match about $327,627 at 4% or $218,418 at 6%.
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-7$2,313,885$78,361$11,194iApproximate average salary by contribution assumption: employee only about $279,861 at 4% or $186,574 at 6%; with 50% employer match about $186,574 at 4% or $124,383 at 6%; with 100% employer match about $139,930 at 4% or $93,287 at 6%.
FRANCIS A. PALERMO, M.D., P.A. CASH BALANCE PLAN-5$1,894,441$105,110$21,022iApproximate average salary by contribution assumption: employee only about $525,550 at 4% or $350,367 at 6%; with 50% employer match about $350,367 at 4% or $233,578 at 6%; with 100% employer match about $262,775 at 4% or $175,183 at 6%.
202327$3,714,620$126,187$18,027iApproximate average salary by contribution assumption: employee only about $450,668 at 4% or $300,445 at 6%; with 50% employer match about $300,445 at 4% or $200,297 at 6%; with 100% employer match about $225,334 at 4% or $150,223 at 6%.
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-7$2,046,161$75,395$10,771iApproximate average salary by contribution assumption: employee only about $269,268 at 4% or $179,512 at 6%; with 50% employer match about $179,512 at 4% or $119,675 at 6%; with 100% employer match about $134,634 at 4% or $89,756 at 6%.
FRANCIS A. PALERMO, M.D., P.A. CASH BALANCE PLAN-6$1,668,459$50,792$8,465iApproximate average salary by contribution assumption: employee only about $211,633 at 4% or $141,089 at 6%; with 50% employer match about $141,089 at 4% or $94,059 at 6%; with 100% employer match about $105,817 at 4% or $70,544 at 6%.
202228$3,209,498$216,323$27,040iApproximate average salary by contribution assumption: employee only about $676,009 at 4% or $450,673 at 6%; with 50% employer match about $450,673 at 4% or $300,449 at 6%; with 100% employer match about $338,005 at 4% or $225,336 at 6%.
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-8$1,743,525$58,460$7,308iApproximate average salary by contribution assumption: employee only about $182,688 at 4% or $121,792 at 6%; with 50% employer match about $121,792 at 4% or $81,194 at 6%; with 100% employer match about $91,344 at 4% or $60,896 at 6%.
FRANCIS A. PALERMO, M.D., P.A. CASH BALANCE PLAN-7$1,465,973$157,863$22,552iApproximate average salary by contribution assumption: employee only about $563,796 at 4% or $375,864 at 6%; with 50% employer match about $375,864 at 4% or $250,576 at 6%; with 100% employer match about $281,898 at 4% or $187,932 at 6%.
202129$3,608,815$73,610$8,179iApproximate average salary by contribution assumption: employee only about $204,472 at 4% or $136,315 at 6%; with 50% employer match about $136,315 at 4% or $90,877 at 6%; with 100% employer match about $102,236 at 4% or $68,157 at 6%.
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-8$2,009,230$73,610$9,201iApproximate average salary by contribution assumption: employee only about $230,031 at 4% or $153,354 at 6%; with 50% employer match about $153,354 at 4% or $102,236 at 6%; with 100% employer match about $115,016 at 4% or $76,677 at 6%.
FRANCIS A. PALERMO, M.D., P.A. CASH BALANCE PLAN-9$1,599,585$0-
202028$3,303,647$72,247$9,031iApproximate average salary by contribution assumption: employee only about $225,772 at 4% or $150,515 at 6%; with 50% employer match about $150,515 at 4% or $100,343 at 6%; with 100% employer match about $112,886 at 4% or $75,257 at 6%.
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-7$1,828,742$72,247$10,321iApproximate average salary by contribution assumption: employee only about $258,025 at 4% or $172,017 at 6%; with 50% employer match about $172,017 at 4% or $114,678 at 6%; with 100% employer match about $129,013 at 4% or $86,008 at 6%.
FRANCIS A. PALERMO, M.D., P.A. CASH BALANCE PLAN-8$1,474,905$0-
201929$4,574,567$198,295$22,033iApproximate average salary by contribution assumption: employee only about $550,819 at 4% or $367,213 at 6%; with 50% employer match about $367,213 at 4% or $244,809 at 6%; with 100% employer match about $275,410 at 4% or $183,606 at 6%.
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-9$2,642,430$48,295$5,366iApproximate average salary by contribution assumption: employee only about $134,153 at 4% or $89,435 at 6%; with 50% employer match about $89,435 at 4% or $59,623 at 6%; with 100% employer match about $67,076 at 4% or $44,718 at 6%.
FRANCIS A. PALERMO, M.D., P.A. CASH BALANCE PLAN-9$1,932,137$150,000$16,667iApproximate average salary by contribution assumption: employee only about $416,667 at 4% or $277,778 at 6%; with 50% employer match about $277,778 at 4% or $185,185 at 6%; with 100% employer match about $208,333 at 4% or $138,889 at 6%.
201827$3,746,314$300,832$42,976iApproximate average salary by contribution assumption: employee only about $1,074,400 at 4% or $716,267 at 6%; with 50% employer match about $716,267 at 4% or $477,511 at 6%; with 100% employer match about $537,200 at 4% or $358,133 at 6%.
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-7$2,187,925$49,891$7,127iApproximate average salary by contribution assumption: employee only about $178,182 at 4% or $118,788 at 6%; with 50% employer match about $118,788 at 4% or $79,192 at 6%; with 100% employer match about $89,091 at 4% or $59,394 at 6%.
FRANCIS A. PALERMO, M.D., P.A. CASH BALANCE PLAN-5$1,558,389$250,941$50,188iApproximate average salary by contribution assumption: employee only about $1,254,705 at 4% or $836,470 at 6%; with 50% employer match about $836,470 at 4% or $557,647 at 6%; with 100% employer match about $627,353 at 4% or $418,235 at 6%.
2017210$3,706,848$112,762$11,276iApproximate average salary by contribution assumption: employee only about $281,905 at 4% or $187,937 at 6%; with 50% employer match about $187,937 at 4% or $125,291 at 6%; with 100% employer match about $140,953 at 4% or $93,968 at 6%.
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-10$2,297,915$72,592$7,259iApproximate average salary by contribution assumption: employee only about $181,480 at 4% or $120,987 at 6%; with 50% employer match about $120,987 at 4% or $80,658 at 6%; with 100% employer match about $90,740 at 4% or $60,493 at 6%.
FRANCIS A. PALERMO, M.D., P.A. CASH BALANCE PLAN-9$1,408,933$40,170$4,463iApproximate average salary by contribution assumption: employee only about $111,583 at 4% or $74,389 at 6%; with 50% employer match about $74,389 at 4% or $49,593 at 6%; with 100% employer match about $55,792 at 4% or $37,194 at 6%.
2016211$3,258,359$177,637$16,149iApproximate average salary by contribution assumption: employee only about $403,720 at 4% or $269,147 at 6%; with 50% employer match about $269,147 at 4% or $179,431 at 6%; with 100% employer match about $201,860 at 4% or $134,573 at 6%.
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-10$2,033,685$92,066$9,207iApproximate average salary by contribution assumption: employee only about $230,165 at 4% or $153,443 at 6%; with 50% employer match about $153,443 at 4% or $102,296 at 6%; with 100% employer match about $115,083 at 4% or $76,722 at 6%.
FRANCIS A. PALERMO, M.D., P.A. CASH BALANCE PLAN-11$1,224,674$85,571$7,779iApproximate average salary by contribution assumption: employee only about $194,480 at 4% or $129,653 at 6%; with 50% employer match about $129,653 at 4% or $86,435 at 6%; with 100% employer match about $97,240 at 4% or $64,827 at 6%.
201529$2,900,921$251,107$27,901iApproximate average salary by contribution assumption: employee only about $697,519 at 4% or $465,013 at 6%; with 50% employer match about $465,013 at 4% or $310,009 at 6%; with 100% employer match about $348,760 at 4% or $232,506 at 6%.
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-9$1,838,854$50,195$5,577iApproximate average salary by contribution assumption: employee only about $139,431 at 4% or $92,954 at 6%; with 50% employer match about $92,954 at 4% or $61,969 at 6%; with 100% employer match about $69,715 at 4% or $46,477 at 6%.
FRANCIS A. PALERMO, M.D., P.A. CASH BALANCE PLAN-9$1,062,067$200,912$22,324iApproximate average salary by contribution assumption: employee only about $558,089 at 4% or $372,059 at 6%; with 50% employer match about $372,059 at 4% or $248,040 at 6%; with 100% employer match about $279,044 at 4% or $186,030 at 6%.
201428$2,728,125$205,874$25,734iApproximate average salary by contribution assumption: employee only about $643,356 at 4% or $428,904 at 6%; with 50% employer match about $428,904 at 4% or $285,936 at 6%; with 100% employer match about $321,678 at 4% or $214,452 at 6%.
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-8$1,820,750$42,834$5,354iApproximate average salary by contribution assumption: employee only about $133,856 at 4% or $89,238 at 6%; with 50% employer match about $89,238 at 4% or $59,492 at 6%; with 100% employer match about $66,928 at 4% or $44,619 at 6%.
FRANCIS A. PALERMO, M.D., P.A. CASH BALANCE PLAN-7$907,375$163,040$23,291iApproximate average salary by contribution assumption: employee only about $582,286 at 4% or $388,190 at 6%; with 50% employer match about $388,190 at 4% or $258,794 at 6%; with 100% employer match about $291,143 at 4% or $194,095 at 6%.
201329$2,502,440$152,844$16,983iApproximate average salary by contribution assumption: employee only about $424,567 at 4% or $283,044 at 6%; with 50% employer match about $283,044 at 4% or $188,696 at 6%; with 100% employer match about $212,283 at 4% or $141,522 at 6%.
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-9$1,737,250$47,092$5,232iApproximate average salary by contribution assumption: employee only about $130,811 at 4% or $87,207 at 6%; with 50% employer match about $87,207 at 4% or $58,138 at 6%; with 100% employer match about $65,406 at 4% or $43,604 at 6%.
FRANCIS A. PALERMO, M.D., P.A. CASH BALANCE PLAN-9$765,190$105,752$11,750iApproximate average salary by contribution assumption: employee only about $293,756 at 4% or $195,837 at 6%; with 50% employer match about $195,837 at 4% or $130,558 at 6%; with 100% employer match about $146,878 at 4% or $97,919 at 6%.
201229$2,058,736$173,313$19,257iApproximate average salary by contribution assumption: employee only about $481,425 at 4% or $320,950 at 6%; with 50% employer match about $320,950 at 4% or $213,967 at 6%; with 100% employer match about $240,713 at 4% or $160,475 at 6%.
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-9$1,448,825$50,445$5,605iApproximate average salary by contribution assumption: employee only about $140,125 at 4% or $93,417 at 6%; with 50% employer match about $93,417 at 4% or $62,278 at 6%; with 100% employer match about $70,063 at 4% or $46,708 at 6%.
FRANCIS A. PALERMO, M.D., P.A. CASH BALANCE PLAN-8$609,911$122,868$15,359iApproximate average salary by contribution assumption: employee only about $383,963 at 4% or $255,975 at 6%; with 50% employer match about $255,975 at 4% or $170,650 at 6%; with 100% employer match about $191,981 at 4% or $127,988 at 6%.
201129$1,683,531$170,452$18,939iApproximate average salary by contribution assumption: employee only about $473,478 at 4% or $315,652 at 6%; with 50% employer match about $315,652 at 4% or $210,435 at 6%; with 100% employer match about $236,739 at 4% or $157,826 at 6%.
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-9$1,234,845$51,123$5,680iApproximate average salary by contribution assumption: employee only about $142,008 at 4% or $94,672 at 6%; with 50% employer match about $94,672 at 4% or $63,115 at 6%; with 100% employer match about $71,004 at 4% or $47,336 at 6%.
FRANCIS A. PALERMO, M.D., P.A. CASH BALANCE PLAN-8$448,686$119,329$14,916iApproximate average salary by contribution assumption: employee only about $372,903 at 4% or $248,602 at 6%; with 50% employer match about $248,602 at 4% or $165,735 at 6%; with 100% employer match about $186,452 at 4% or $124,301 at 6%.
2010210$1,594,451$169,700$16,970iApproximate average salary by contribution assumption: employee only about $424,250 at 4% or $282,833 at 6%; with 50% employer match about $282,833 at 4% or $188,556 at 6%; with 100% employer match about $212,125 at 4% or $141,417 at 6%.
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-10$1,256,199$74,424$7,442iApproximate average salary by contribution assumption: employee only about $186,060 at 4% or $124,040 at 6%; with 50% employer match about $124,040 at 4% or $82,693 at 6%; with 100% employer match about $93,030 at 4% or $62,020 at 6%.
FRANCIS A. PALERMO, M.D., P.A. CASH BALANCE PLAN-8$338,252$95,276$11,910iApproximate average salary by contribution assumption: employee only about $297,738 at 4% or $198,492 at 6%; with 50% employer match about $198,492 at 4% or $132,328 at 6%; with 100% employer match about $148,869 at 4% or $99,246 at 6%.
2009211$1,287,884$174,691$15,881iApproximate average salary by contribution assumption: employee only about $397,025 at 4% or $264,683 at 6%; with 50% employer match about $264,683 at 4% or $176,456 at 6%; with 100% employer match about $198,513 at 4% or $132,342 at 6%.
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-11$1,065,139$75,490$6,863iApproximate average salary by contribution assumption: employee only about $171,568 at 4% or $114,379 at 6%; with 50% employer match about $114,379 at 4% or $76,253 at 6%; with 100% employer match about $85,784 at 4% or $57,189 at 6%.
FRANCIS A. PALERMO, M.D., P.A. CASH BALANCE PLAN-9$222,745$99,201$11,022iApproximate average salary by contribution assumption: employee only about $275,558 at 4% or $183,706 at 6%; with 50% employer match about $183,706 at 4% or $122,470 at 6%; with 100% employer match about $137,779 at 4% or $91,853 at 6%.
200828$853,917$168,893$21,112iApproximate average salary by contribution assumption: employee only about $527,791 at 4% or $351,860 at 6%; with 50% employer match about $351,860 at 4% or $234,574 at 6%; with 100% employer match about $263,895 at 4% or $175,930 at 6%.
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-8$754,562$69,538$8,692iApproximate average salary by contribution assumption: employee only about $217,306 at 4% or $144,871 at 6%; with 50% employer match about $144,871 at 4% or $96,581 at 6%; with 100% employer match about $108,653 at 4% or $72,435 at 6%.
FRANCIS A. PALERMO, M.D., P.A. CASH BALANCE PLAN-8$99,355$99,355$12,419iApproximate average salary by contribution assumption: employee only about $310,484 at 4% or $206,990 at 6%; with 50% employer match about $206,990 at 4% or $137,993 at 6%; with 100% employer match about $155,242 at 4% or $103,495 at 6%.
200717$1,067,867$67,255$9,608iApproximate average salary by contribution assumption: employee only about $240,196 at 4% or $160,131 at 6%; with 50% employer match about $160,131 at 4% or $106,754 at 6%; with 100% employer match about $120,098 at 4% or $80,065 at 6%.
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-7$1,067,867$67,255$9,608iApproximate average salary by contribution assumption: employee only about $240,196 at 4% or $160,131 at 6%; with 50% employer match about $160,131 at 4% or $106,754 at 6%; with 100% employer match about $120,098 at 4% or $80,065 at 6%.
200517$766,655$59,677$8,525iApproximate average salary by contribution assumption: employee only about $213,132 at 4% or $142,088 at 6%; with 50% employer match about $142,088 at 4% or $94,725 at 6%; with 100% employer match about $106,566 at 4% or $71,044 at 6%.
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-7$766,655$59,677$8,525iApproximate average salary by contribution assumption: employee only about $213,132 at 4% or $142,088 at 6%; with 50% employer match about $142,088 at 4% or $94,725 at 6%; with 100% employer match about $106,566 at 4% or $71,044 at 6%.
200416$665,905$63,959$10,660iApproximate average salary by contribution assumption: employee only about $266,496 at 4% or $177,664 at 6%; with 50% employer match about $177,664 at 4% or $118,443 at 6%; with 100% employer match about $133,248 at 4% or $88,832 at 6%.
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-6$665,905$63,959$10,660iApproximate average salary by contribution assumption: employee only about $266,496 at 4% or $177,664 at 6%; with 50% employer match about $177,664 at 4% or $118,443 at 6%; with 100% employer match about $133,248 at 4% or $88,832 at 6%.
200314$541,238$54,343$13,586iApproximate average salary by contribution assumption: employee only about $339,644 at 4% or $226,429 at 6%; with 50% employer match about $226,429 at 4% or $150,953 at 6%; with 100% employer match about $169,822 at 4% or $113,215 at 6%.
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-4$541,238$54,343$13,586iApproximate average salary by contribution assumption: employee only about $339,644 at 4% or $226,429 at 6%; with 50% employer match about $226,429 at 4% or $150,953 at 6%; with 100% employer match about $169,822 at 4% or $113,215 at 6%.
200213$393,719$55,662$18,554iApproximate average salary by contribution assumption: employee only about $463,850 at 4% or $309,233 at 6%; with 50% employer match about $309,233 at 4% or $206,156 at 6%; with 100% employer match about $231,925 at 4% or $154,617 at 6%.
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-3$393,719$55,662$18,554iApproximate average salary by contribution assumption: employee only about $463,850 at 4% or $309,233 at 6%; with 50% employer match about $309,233 at 4% or $206,156 at 6%; with 100% employer match about $231,925 at 4% or $154,617 at 6%.
200112$0$0-
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-2---
200014$517,724$39,303$9,826iApproximate average salary by contribution assumption: employee only about $245,644 at 4% or $163,763 at 6%; with 50% employer match about $163,763 at 4% or $109,175 at 6%; with 100% employer match about $122,822 at 4% or $81,881 at 6%.
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-4$517,724$39,303$9,826iApproximate average salary by contribution assumption: employee only about $245,644 at 4% or $163,763 at 6%; with 50% employer match about $163,763 at 4% or $109,175 at 6%; with 100% employer match about $122,822 at 4% or $81,881 at 6%.
199915$574,490$39,743$7,949iApproximate average salary by contribution assumption: employee only about $198,715 at 4% or $132,477 at 6%; with 50% employer match about $132,477 at 4% or $88,318 at 6%; with 100% employer match about $99,358 at 4% or $66,238 at 6%.
Francis a. Palermo, M.D., P.A. Profit Sharing Plan-5$574,490$39,743$7,949iApproximate average salary by contribution assumption: employee only about $198,715 at 4% or $132,477 at 6%; with 50% employer match about $132,477 at 4% or $88,318 at 6%; with 100% employer match about $99,358 at 4% or $66,238 at 6%.