Serafini Financial Services Inc.
Plan context: SERAFINI FINANCIAL SERVICES, INC. CASH BALANCE PLAN
EIN 52-1881225 • Hagerstown, MD • 29 filings • 3 plans
Current Snapshot
Latest Year
2022
2022 Participants
1
2022 Assets
$2,294
2022 Contributions
$93,585
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2022 | 2 | 1 | $2,294 | $93,585 | $93,585iApproximate average salary by contribution assumption: employee only about $2,339,625 at 4% or $1,559,750 at 6%; with 50% employer match about $1,559,750 at 4% or $1,039,833 at 6%; with 100% employer match about $1,169,813 at 4% or $779,875 at 6%. |
| SERAFINI FINANCIAL SERVICES, INC. CASH BALANCE PLAN | - | 1 | $2,294 | $0 | - |
| Serafini Financial Services Inc. Money Purchase Plan | - | 0 | $0 | $93,585 | - |
| 2021 | 2 | 16 | $5,745,672 | $481,641 | $30,103iApproximate average salary by contribution assumption: employee only about $752,564 at 4% or $501,709 at 6%; with 50% employer match about $501,709 at 4% or $334,473 at 6%; with 100% employer match about $376,282 at 4% or $250,855 at 6%. |
| Serafini Financial Services Inc. Money Purchase Plan | - | 16 | $4,519,226 | $256,537 | $16,034iApproximate average salary by contribution assumption: employee only about $400,839 at 4% or $267,226 at 6%; with 50% employer match about $267,226 at 4% or $178,151 at 6%; with 100% employer match about $200,420 at 4% or $133,613 at 6%. |
| SERAFINI FINANCIAL SERVICES, INC. CASH BALANCE PLAN | - | 10 | $1,226,446 | $225,104 | $22,510iApproximate average salary by contribution assumption: employee only about $562,760 at 4% or $375,173 at 6%; with 50% employer match about $375,173 at 4% or $250,116 at 6%; with 100% employer match about $281,380 at 4% or $187,587 at 6%. |
| 2020 | 2 | 17 | $4,966,474 | $630,631 | $37,096iApproximate average salary by contribution assumption: employee only about $927,399 at 4% or $618,266 at 6%; with 50% employer match about $618,266 at 4% or $412,177 at 6%; with 100% employer match about $463,699 at 4% or $309,133 at 6%. |
| Serafini Financial Services Inc. Money Purchase Plan | - | 17 | $4,052,917 | $281,055 | $16,533iApproximate average salary by contribution assumption: employee only about $413,316 at 4% or $275,544 at 6%; with 50% employer match about $275,544 at 4% or $183,696 at 6%; with 100% employer match about $206,658 at 4% or $137,772 at 6%. |
| SERAFINI FINANCIAL SERVICES, INC. CASH BALANCE PLAN | - | 9 | $913,557 | $349,576 | $38,842iApproximate average salary by contribution assumption: employee only about $971,044 at 4% or $647,363 at 6%; with 50% employer match about $647,363 at 4% or $431,575 at 6%; with 100% employer match about $485,522 at 4% or $323,681 at 6%. |
| 2019 | 2 | 15 | $3,718,651 | $514,376 | $34,292iApproximate average salary by contribution assumption: employee only about $857,293 at 4% or $571,529 at 6%; with 50% employer match about $571,529 at 4% or $381,019 at 6%; with 100% employer match about $428,647 at 4% or $285,764 at 6%. |
| Serafini Financial Services Inc. Money Purchase Plan | - | 15 | $3,224,098 | $255,717 | $17,048iApproximate average salary by contribution assumption: employee only about $426,195 at 4% or $284,130 at 6%; with 50% employer match about $284,130 at 4% or $189,420 at 6%; with 100% employer match about $213,098 at 4% or $142,065 at 6%. |
| SERAFINI FINANCIAL SERVICES, INC. CASH BALANCE PLAN | - | 9 | $494,553 | $258,659 | $28,740iApproximate average salary by contribution assumption: employee only about $718,497 at 4% or $478,998 at 6%; with 50% employer match about $478,998 at 4% or $319,332 at 6%; with 100% employer match about $359,249 at 4% or $239,499 at 6%. |
| 2018 | 2 | 13 | $2,687,902 | $490,963 | $37,766iApproximate average salary by contribution assumption: employee only about $944,160 at 4% or $629,440 at 6%; with 50% employer match about $629,440 at 4% or $419,626 at 6%; with 100% employer match about $472,080 at 4% or $314,720 at 6%. |
| Serafini Financial Services Inc. Money Purchase Plan | - | 13 | $2,475,277 | $278,338 | $21,411iApproximate average salary by contribution assumption: employee only about $535,265 at 4% or $356,844 at 6%; with 50% employer match about $356,844 at 4% or $237,896 at 6%; with 100% employer match about $267,633 at 4% or $178,422 at 6%. |
| SERAFINI FINANCIAL SERVICES, INC. CASH BALANCE PLAN | - | 11 | $212,625 | $212,625 | $19,330iApproximate average salary by contribution assumption: employee only about $483,239 at 4% or $322,159 at 6%; with 50% employer match about $322,159 at 4% or $214,773 at 6%; with 100% employer match about $241,619 at 4% or $161,080 at 6%. |
| 2017 | 1 | 13 | $2,372,533 | $235,707 | $18,131iApproximate average salary by contribution assumption: employee only about $453,283 at 4% or $302,188 at 6%; with 50% employer match about $302,188 at 4% or $201,459 at 6%; with 100% employer match about $226,641 at 4% or $151,094 at 6%. |
| Serafini Financial Services Inc. Money Purchase Plan | - | 13 | $2,372,533 | $235,707 | $18,131iApproximate average salary by contribution assumption: employee only about $453,283 at 4% or $302,188 at 6%; with 50% employer match about $302,188 at 4% or $201,459 at 6%; with 100% employer match about $226,641 at 4% or $151,094 at 6%. |
| 2016 | 1 | 11 | $1,859,941 | $261,763 | $23,797iApproximate average salary by contribution assumption: employee only about $594,916 at 4% or $396,611 at 6%; with 50% employer match about $396,611 at 4% or $264,407 at 6%; with 100% employer match about $297,458 at 4% or $198,305 at 6%. |
| Serafini Financial Services Inc. Money Purchase Plan | - | 11 | $1,859,941 | $261,763 | $23,797iApproximate average salary by contribution assumption: employee only about $594,916 at 4% or $396,611 at 6%; with 50% employer match about $396,611 at 4% or $264,407 at 6%; with 100% employer match about $297,458 at 4% or $198,305 at 6%. |
| 2015 | 1 | 10 | $1,458,112 | $206,793 | $20,679iApproximate average salary by contribution assumption: employee only about $516,983 at 4% or $344,655 at 6%; with 50% employer match about $344,655 at 4% or $229,770 at 6%; with 100% employer match about $258,491 at 4% or $172,328 at 6%. |
| Serafini Financial Services Inc. Money Purchase Plan | - | 10 | $1,458,112 | $206,793 | $20,679iApproximate average salary by contribution assumption: employee only about $516,983 at 4% or $344,655 at 6%; with 50% employer match about $344,655 at 4% or $229,770 at 6%; with 100% employer match about $258,491 at 4% or $172,328 at 6%. |
| 2014 | 1 | 10 | $1,280,170 | $160,566 | $16,057iApproximate average salary by contribution assumption: employee only about $401,415 at 4% or $267,610 at 6%; with 50% employer match about $267,610 at 4% or $178,407 at 6%; with 100% employer match about $200,708 at 4% or $133,805 at 6%. |
| Serafini Financial Services Inc. Money Purchase Plan | - | 10 | $1,280,170 | $160,566 | $16,057iApproximate average salary by contribution assumption: employee only about $401,415 at 4% or $267,610 at 6%; with 50% employer match about $267,610 at 4% or $178,407 at 6%; with 100% employer match about $200,708 at 4% or $133,805 at 6%. |
| 2013 | 1 | 9 | $1,069,752 | $100,970 | $11,219iApproximate average salary by contribution assumption: employee only about $280,472 at 4% or $186,981 at 6%; with 50% employer match about $186,981 at 4% or $124,654 at 6%; with 100% employer match about $140,236 at 4% or $93,491 at 6%. |
| Serafini Financial Services Inc. Money Purchase Plan | - | 9 | $1,069,752 | $100,970 | $11,219iApproximate average salary by contribution assumption: employee only about $280,472 at 4% or $186,981 at 6%; with 50% employer match about $186,981 at 4% or $124,654 at 6%; with 100% employer match about $140,236 at 4% or $93,491 at 6%. |
| 2012 | 1 | 7 | $832,350 | $93,488 | $13,355iApproximate average salary by contribution assumption: employee only about $333,886 at 4% or $222,590 at 6%; with 50% employer match about $222,590 at 4% or $148,394 at 6%; with 100% employer match about $166,943 at 4% or $111,295 at 6%. |
| Serafini Financial Services Inc. Money Purchase Plan | - | 7 | $832,350 | $93,488 | $13,355iApproximate average salary by contribution assumption: employee only about $333,886 at 4% or $222,590 at 6%; with 50% employer match about $222,590 at 4% or $148,394 at 6%; with 100% employer match about $166,943 at 4% or $111,295 at 6%. |
| 2011 | 1 | 7 | $645,807 | $74,851 | $10,693iApproximate average salary by contribution assumption: employee only about $267,325 at 4% or $178,217 at 6%; with 50% employer match about $178,217 at 4% or $118,811 at 6%; with 100% employer match about $133,663 at 4% or $89,108 at 6%. |
| Serafini Financial Services Inc. Money Purchase Plan | - | 7 | $645,807 | $74,851 | $10,693iApproximate average salary by contribution assumption: employee only about $267,325 at 4% or $178,217 at 6%; with 50% employer match about $178,217 at 4% or $118,811 at 6%; with 100% employer match about $133,663 at 4% or $89,108 at 6%. |
| 2010 | 1 | 7 | $595,765 | $67,472 | $9,639iApproximate average salary by contribution assumption: employee only about $240,971 at 4% or $160,648 at 6%; with 50% employer match about $160,648 at 4% or $107,098 at 6%; with 100% employer match about $120,486 at 4% or $80,324 at 6%. |
| Serafini Financial Services Inc. Money Purchase Plan | - | 7 | $595,765 | $67,472 | $9,639iApproximate average salary by contribution assumption: employee only about $240,971 at 4% or $160,648 at 6%; with 50% employer match about $160,648 at 4% or $107,098 at 6%; with 100% employer match about $120,486 at 4% or $80,324 at 6%. |
| 2009 | 1 | 7 | $478,418 | $79,621 | $11,374iApproximate average salary by contribution assumption: employee only about $284,361 at 4% or $189,574 at 6%; with 50% employer match about $189,574 at 4% or $126,383 at 6%; with 100% employer match about $142,180 at 4% or $94,787 at 6%. |
| Serafini Financial Services Inc. Money Purchase Plan | - | 7 | $478,418 | $79,621 | $11,374iApproximate average salary by contribution assumption: employee only about $284,361 at 4% or $189,574 at 6%; with 50% employer match about $189,574 at 4% or $126,383 at 6%; with 100% employer match about $142,180 at 4% or $94,787 at 6%. |
| 2008 | 1 | 7 | $303,952 | $61,000 | $8,714iApproximate average salary by contribution assumption: employee only about $217,857 at 4% or $145,238 at 6%; with 50% employer match about $145,238 at 4% or $96,825 at 6%; with 100% employer match about $108,929 at 4% or $72,619 at 6%. |
| Serafini Financial Services Inc. Money Purchase Plan | - | 7 | $303,952 | $61,000 | $8,714iApproximate average salary by contribution assumption: employee only about $217,857 at 4% or $145,238 at 6%; with 50% employer match about $145,238 at 4% or $96,825 at 6%; with 100% employer match about $108,929 at 4% or $72,619 at 6%. |
| 2007 | 1 | 7 | $0 | $0 | - |
| Serafini Financial Services Inc. Money Purchase Plan | - | 7 | - | - | - |
| 2006 | 1 | 7 | $325,603 | $46,999 | $6,714iApproximate average salary by contribution assumption: employee only about $167,854 at 4% or $111,902 at 6%; with 50% employer match about $111,902 at 4% or $74,602 at 6%; with 100% employer match about $83,927 at 4% or $55,951 at 6%. |
| Serafini Financial Services Inc. Money Purchase Plan | - | 7 | $325,603 | $46,999 | $6,714iApproximate average salary by contribution assumption: employee only about $167,854 at 4% or $111,902 at 6%; with 50% employer match about $111,902 at 4% or $74,602 at 6%; with 100% employer match about $83,927 at 4% or $55,951 at 6%. |
| 2005 | 1 | 8 | $247,505 | $56,359 | $7,045iApproximate average salary by contribution assumption: employee only about $176,122 at 4% or $117,415 at 6%; with 50% employer match about $117,415 at 4% or $78,276 at 6%; with 100% employer match about $88,061 at 4% or $58,707 at 6%. |
| Serafini Financial Services Inc. Money Purchase Plan | - | 8 | $247,505 | $56,359 | $7,045iApproximate average salary by contribution assumption: employee only about $176,122 at 4% or $117,415 at 6%; with 50% employer match about $117,415 at 4% or $78,276 at 6%; with 100% employer match about $88,061 at 4% or $58,707 at 6%. |
| 2004 | 1 | 6 | $187,102 | $47,394 | $7,899iApproximate average salary by contribution assumption: employee only about $197,475 at 4% or $131,650 at 6%; with 50% employer match about $131,650 at 4% or $87,767 at 6%; with 100% employer match about $98,738 at 4% or $65,825 at 6%. |
| Serafini Financial Services Inc. Money Purchase Plan | - | 6 | $187,102 | $47,394 | $7,899iApproximate average salary by contribution assumption: employee only about $197,475 at 4% or $131,650 at 6%; with 50% employer match about $131,650 at 4% or $87,767 at 6%; with 100% employer match about $98,738 at 4% or $65,825 at 6%. |
| 2003 | 1 | 5 | $124,560 | $39,968 | $7,994iApproximate average salary by contribution assumption: employee only about $199,840 at 4% or $133,227 at 6%; with 50% employer match about $133,227 at 4% or $88,818 at 6%; with 100% employer match about $99,920 at 4% or $66,613 at 6%. |
| Serafini Financial Services Inc. Money Purchase Plan | - | 5 | $124,560 | $39,968 | $7,994iApproximate average salary by contribution assumption: employee only about $199,840 at 4% or $133,227 at 6%; with 50% employer match about $133,227 at 4% or $88,818 at 6%; with 100% employer match about $99,920 at 4% or $66,613 at 6%. |
| 2002 | 1 | 5 | $60,357 | $20,739 | $4,148iApproximate average salary by contribution assumption: employee only about $103,695 at 4% or $69,130 at 6%; with 50% employer match about $69,130 at 4% or $46,087 at 6%; with 100% employer match about $51,848 at 4% or $34,565 at 6%. |
| Serafini Financial Services Inc. Money Purchase Plan | - | 5 | $60,357 | $20,739 | $4,148iApproximate average salary by contribution assumption: employee only about $103,695 at 4% or $69,130 at 6%; with 50% employer match about $69,130 at 4% or $46,087 at 6%; with 100% employer match about $51,848 at 4% or $34,565 at 6%. |
| 2001 | 1 | 2 | $0 | $0 | - |
| Serafini Financial Services Inc. Money Purchase Plan | - | 2 | - | - | - |
| 2000 | 1 | 3 | $40,620 | $12,145 | $4,048iApproximate average salary by contribution assumption: employee only about $101,208 at 4% or $67,472 at 6%; with 50% employer match about $67,472 at 4% or $44,981 at 6%; with 100% employer match about $50,604 at 4% or $33,736 at 6%. |
| Serafini Financial Services Inc. Money Purchase Plan | - | 3 | $40,620 | $12,145 | $4,048iApproximate average salary by contribution assumption: employee only about $101,208 at 4% or $67,472 at 6%; with 50% employer match about $67,472 at 4% or $44,981 at 6%; with 100% employer match about $50,604 at 4% or $33,736 at 6%. |
| 1999 | 1 | 3 | $27,690 | $13,572 | $4,524iApproximate average salary by contribution assumption: employee only about $113,100 at 4% or $75,400 at 6%; with 50% employer match about $75,400 at 4% or $50,267 at 6%; with 100% employer match about $56,550 at 4% or $37,700 at 6%. |
| Serafini Financial Services Inc. Money Purchase Plan | - | 3 | $27,690 | $13,572 | $4,524iApproximate average salary by contribution assumption: employee only about $113,100 at 4% or $75,400 at 6%; with 50% employer match about $75,400 at 4% or $50,267 at 6%; with 100% employer match about $56,550 at 4% or $37,700 at 6%. |