Civic Intelligence

Converse Builders & Developers Inc

Plan context: CONVERSE BUILDERS & DEVELOPERS, INC. DEFINED BENEFIT PENSION PLAN & TRUST

EIN 52-1912132 • Severna Park, MD • 26 filings • 3 plans

P.O. Box 5003Severna Park, MD 21146
Current Snapshot

Latest Year

2022

2022 Participants

2

2022 Assets

$4,597,508

2022 Contributions

$955,600

Historical Graphs

Total Assets Over Time

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

$4,597,508$2,298,754$0200420132021YearValue
$4,597,508Latest year 2021

Participants Over Time

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

530200420132021YearValue
2Latest year 2021

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
202210$0$0-
Converse Builders & Developers Inc. 401K Profit Sharing Plan & Trust-0$0--
202122$4,597,508$955,600$477,800iApproximate average salary by contribution assumption: employee only about $11,945,000 at 4% or $7,963,333 at 6%; with 50% employer match about $7,963,333 at 4% or $5,308,889 at 6%; with 100% employer match about $5,972,500 at 4% or $3,981,667 at 6%.
CONVERSE BUILDERS & DEVELOPERS, INC. DEFINED BENEFIT PENSION PLAN & TRUST-2$2,770,584$900,000$450,000iApproximate average salary by contribution assumption: employee only about $11,250,000 at 4% or $7,500,000 at 6%; with 50% employer match about $7,500,000 at 4% or $5,000,000 at 6%; with 100% employer match about $5,625,000 at 4% or $3,750,000 at 6%.
Converse Builders & Developers Inc. 401K Profit Sharing Plan & Trust-2$1,826,924$55,600$27,800iApproximate average salary by contribution assumption: employee only about $695,000 at 4% or $463,333 at 6%; with 50% employer match about $463,333 at 4% or $308,889 at 6%; with 100% employer match about $347,500 at 4% or $231,667 at 6%.
202022$3,319,527$298,000$149,000iApproximate average salary by contribution assumption: employee only about $3,725,000 at 4% or $2,483,333 at 6%; with 50% employer match about $2,483,333 at 4% or $1,655,556 at 6%; with 100% employer match about $1,862,500 at 4% or $1,241,667 at 6%.
CONVERSE BUILDERS & DEVELOPERS, INC. DEFINED BENEFIT PENSION PLAN & TRUST-2$1,788,119$250,000$125,000iApproximate average salary by contribution assumption: employee only about $3,125,000 at 4% or $2,083,333 at 6%; with 50% employer match about $2,083,333 at 4% or $1,388,889 at 6%; with 100% employer match about $1,562,500 at 4% or $1,041,667 at 6%.
Converse Builders & Developers Inc. 401K Profit Sharing Plan & Trust-2$1,531,408$48,000$24,000iApproximate average salary by contribution assumption: employee only about $600,000 at 4% or $400,000 at 6%; with 50% employer match about $400,000 at 4% or $266,667 at 6%; with 100% employer match about $300,000 at 4% or $200,000 at 6%.
201922$2,772,657$198,000$99,000iApproximate average salary by contribution assumption: employee only about $2,475,000 at 4% or $1,650,000 at 6%; with 50% employer match about $1,650,000 at 4% or $1,100,000 at 6%; with 100% employer match about $1,237,500 at 4% or $825,000 at 6%.
CONVERSE BUILDERS & DEVELOPERS, INC. DEFINED BENEFIT PENSION PLAN & TRUST-2$1,447,536$150,000$75,000iApproximate average salary by contribution assumption: employee only about $1,875,000 at 4% or $1,250,000 at 6%; with 50% employer match about $1,250,000 at 4% or $833,333 at 6%; with 100% employer match about $937,500 at 4% or $625,000 at 6%.
Converse Builders & Developers Inc. 401K Profit Sharing Plan & Trust-2$1,325,121$48,000$24,000iApproximate average salary by contribution assumption: employee only about $600,000 at 4% or $400,000 at 6%; with 50% employer match about $400,000 at 4% or $266,667 at 6%; with 100% employer match about $300,000 at 4% or $200,000 at 6%.
201822$2,223,699$348,000$174,000iApproximate average salary by contribution assumption: employee only about $4,350,000 at 4% or $2,900,000 at 6%; with 50% employer match about $2,900,000 at 4% or $1,933,333 at 6%; with 100% employer match about $2,175,000 at 4% or $1,450,000 at 6%.
CONVERSE BUILDERS & DEVELOPERS, INC. DEFINED BENEFIT PENSION PLAN & TRUST-2$1,172,622$300,000$150,000iApproximate average salary by contribution assumption: employee only about $3,750,000 at 4% or $2,500,000 at 6%; with 50% employer match about $2,500,000 at 4% or $1,666,667 at 6%; with 100% employer match about $1,875,000 at 4% or $1,250,000 at 6%.
Converse Builders & Developers Inc. 401K Profit Sharing Plan & Trust-2$1,051,077$48,000$24,000iApproximate average salary by contribution assumption: employee only about $600,000 at 4% or $400,000 at 6%; with 50% employer match about $400,000 at 4% or $266,667 at 6%; with 100% employer match about $300,000 at 4% or $200,000 at 6%.
201722$1,997,422$48,000$24,000iApproximate average salary by contribution assumption: employee only about $600,000 at 4% or $400,000 at 6%; with 50% employer match about $400,000 at 4% or $266,667 at 6%; with 100% employer match about $300,000 at 4% or $200,000 at 6%.
Converse Builders & Developers Inc. 401K Profit Sharing Plan & Trust-2$1,097,159$48,000$24,000iApproximate average salary by contribution assumption: employee only about $600,000 at 4% or $400,000 at 6%; with 50% employer match about $400,000 at 4% or $266,667 at 6%; with 100% employer match about $300,000 at 4% or $200,000 at 6%.
CONVERSE BUILDERS & DEVELOPERS, INC. DEFINED BENEFIT PENSION PLAN & TRUST-2$900,263--
201622$1,762,074$201,360$100,680iApproximate average salary by contribution assumption: employee only about $2,517,000 at 4% or $1,678,000 at 6%; with 50% employer match about $1,678,000 at 4% or $1,118,667 at 6%; with 100% employer match about $1,258,500 at 4% or $839,000 at 6%.
Converse Builders & Developers Inc. 401K Profit Sharing Plan & Trust-2$920,037$51,360$25,680iApproximate average salary by contribution assumption: employee only about $642,000 at 4% or $428,000 at 6%; with 50% employer match about $428,000 at 4% or $285,333 at 6%; with 100% employer match about $321,000 at 4% or $214,000 at 6%.
CONVERSE BUILDERS & DEVELOPERS, INC. DEFINED BENEFIT PENSION PLAN & TRUST-2$842,037$150,000$75,000iApproximate average salary by contribution assumption: employee only about $1,875,000 at 4% or $1,250,000 at 6%; with 50% employer match about $1,250,000 at 4% or $833,333 at 6%; with 100% employer match about $937,500 at 4% or $625,000 at 6%.
201522$1,439,825$271,000$135,500iApproximate average salary by contribution assumption: employee only about $3,387,500 at 4% or $2,258,333 at 6%; with 50% employer match about $2,258,333 at 4% or $1,505,556 at 6%; with 100% employer match about $1,693,750 at 4% or $1,129,167 at 6%.
Converse Builders & Developers Inc. 401K Profit Sharing Plan & Trust-2$792,865$46,000$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%.
CONVERSE BUILDERS & DEVELOPERS, INC. DEFINED BENEFIT PENSION PLAN & TRUST-2$646,960$225,000$112,500iApproximate average salary by contribution assumption: employee only about $2,812,500 at 4% or $1,875,000 at 6%; with 50% employer match about $1,875,000 at 4% or $1,250,000 at 6%; with 100% employer match about $1,406,250 at 4% or $937,500 at 6%.
201412$800,440$49,000$24,500iApproximate average salary by contribution assumption: employee only about $612,500 at 4% or $408,333 at 6%; with 50% employer match about $408,333 at 4% or $272,222 at 6%; with 100% employer match about $306,250 at 4% or $204,167 at 6%.
Converse Builders & Developers Inc. 401K Profit Sharing Plan & Trust-2$800,440$49,000$24,500iApproximate average salary by contribution assumption: employee only about $612,500 at 4% or $408,333 at 6%; with 50% employer match about $408,333 at 4% or $272,222 at 6%; with 100% employer match about $306,250 at 4% or $204,167 at 6%.
201312$725,150$49,720$24,860iApproximate average salary by contribution assumption: employee only about $621,500 at 4% or $414,333 at 6%; with 50% employer match about $414,333 at 4% or $276,222 at 6%; with 100% employer match about $310,750 at 4% or $207,167 at 6%.
Converse Builders & Developers Inc. 401K Profit Sharing Plan & Trust-2$725,150$49,720$24,860iApproximate average salary by contribution assumption: employee only about $621,500 at 4% or $414,333 at 6%; with 50% employer match about $414,333 at 4% or $276,222 at 6%; with 100% employer match about $310,750 at 4% or $207,167 at 6%.
201212$580,040$60,000$30,000iApproximate average salary by contribution assumption: employee only about $750,000 at 4% or $500,000 at 6%; with 50% employer match about $500,000 at 4% or $333,333 at 6%; with 100% employer match about $375,000 at 4% or $250,000 at 6%.
Converse Builders & Developers Inc. 401K Profit Sharing Plan & Trust-2$580,040$60,000$30,000iApproximate average salary by contribution assumption: employee only about $750,000 at 4% or $500,000 at 6%; with 50% employer match about $500,000 at 4% or $333,333 at 6%; with 100% employer match about $375,000 at 4% or $250,000 at 6%.
201112$444,286$38,448$19,224iApproximate average salary by contribution assumption: employee only about $480,600 at 4% or $320,400 at 6%; with 50% employer match about $320,400 at 4% or $213,600 at 6%; with 100% employer match about $240,300 at 4% or $160,200 at 6%.
Converse Builders & Developers Inc. 401K Profit Sharing Plan & Trust-2$444,286$38,448$19,224iApproximate average salary by contribution assumption: employee only about $480,600 at 4% or $320,400 at 6%; with 50% employer match about $320,400 at 4% or $213,600 at 6%; with 100% employer match about $240,300 at 4% or $160,200 at 6%.
201012$434,516$44,000$22,000iApproximate average salary by contribution assumption: employee only about $550,000 at 4% or $366,667 at 6%; with 50% employer match about $366,667 at 4% or $244,444 at 6%; with 100% employer match about $275,000 at 4% or $183,333 at 6%.
Converse Builders & Developers Inc. 401K Profit Sharing Plan & Trust-2$434,516$44,000$22,000iApproximate average salary by contribution assumption: employee only about $550,000 at 4% or $366,667 at 6%; with 50% employer match about $366,667 at 4% or $244,444 at 6%; with 100% employer match about $275,000 at 4% or $183,333 at 6%.
200912$342,003$44,000$22,000iApproximate average salary by contribution assumption: employee only about $550,000 at 4% or $366,667 at 6%; with 50% employer match about $366,667 at 4% or $244,444 at 6%; with 100% employer match about $275,000 at 4% or $183,333 at 6%.
Converse Builders & Developers Inc. 401K Profit Sharing Plan & Trust-2$342,003$44,000$22,000iApproximate average salary by contribution assumption: employee only about $550,000 at 4% or $366,667 at 6%; with 50% employer match about $366,667 at 4% or $244,444 at 6%; with 100% employer match about $275,000 at 4% or $183,333 at 6%.
200812$259,289$66,026$33,013iApproximate average salary by contribution assumption: employee only about $825,325 at 4% or $550,217 at 6%; with 50% employer match about $550,217 at 4% or $366,811 at 6%; with 100% employer match about $412,663 at 4% or $275,108 at 6%.
Converse Builders & Developers Inc. 401K Profit Sharing Plan & Trust-2$259,289$66,026$33,013iApproximate average salary by contribution assumption: employee only about $825,325 at 4% or $550,217 at 6%; with 50% employer match about $550,217 at 4% or $366,811 at 6%; with 100% employer match about $412,663 at 4% or $275,108 at 6%.
200714$0$0-
Converse Builders & Developers Inc. 401K Profit Sharing Plan & Trust-4---
200615$340,923$95,494$19,099iApproximate average salary by contribution assumption: employee only about $477,470 at 4% or $318,313 at 6%; with 50% employer match about $318,313 at 4% or $212,209 at 6%; with 100% employer match about $238,735 at 4% or $159,157 at 6%.
Converse Builders & Developers Inc. 401K Profit Sharing Plan & Trust-5$340,923$95,494$19,099iApproximate average salary by contribution assumption: employee only about $477,470 at 4% or $318,313 at 6%; with 50% employer match about $318,313 at 4% or $212,209 at 6%; with 100% employer match about $238,735 at 4% or $159,157 at 6%.
200515$220,711$104,501$20,900iApproximate average salary by contribution assumption: employee only about $522,505 at 4% or $348,337 at 6%; with 50% employer match about $348,337 at 4% or $232,224 at 6%; with 100% employer match about $261,253 at 4% or $174,168 at 6%.
Converse Builders & Developers Inc. 401K Profit Sharing Plan & Trust-5$220,711$104,501$20,900iApproximate average salary by contribution assumption: employee only about $522,505 at 4% or $348,337 at 6%; with 50% employer match about $348,337 at 4% or $232,224 at 6%; with 100% employer match about $261,253 at 4% or $174,168 at 6%.
200415$96,925$93,302$18,660iApproximate average salary by contribution assumption: employee only about $466,510 at 4% or $311,007 at 6%; with 50% employer match about $311,007 at 4% or $207,338 at 6%; with 100% employer match about $233,255 at 4% or $155,503 at 6%.
Converse Builders & Developers Inc. 401K Profit Sharing Plan & Trust-5$96,925$93,302$18,660iApproximate average salary by contribution assumption: employee only about $466,510 at 4% or $311,007 at 6%; with 50% employer match about $311,007 at 4% or $207,338 at 6%; with 100% employer match about $233,255 at 4% or $155,503 at 6%.