Civic Intelligence

Sharma & Associates Inc.

Plan context: Sharma & Associates Inc. 401(K) Rate Group Profit Sharing Plan and Trust

EIN 52-1941679 • Laurel, MD • 26 filings • 5 plans

9055-b Maier RoadLaurel, MD 20723
Current Snapshot

Latest Year

2024

2024 Participants

12

2024 Assets

$3,935,822

2024 Contributions

$179,922

Historical Graphs

Total Assets Over Time

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

$3,935,822$1,967,911$0200920172024YearValue
$3,935,822Latest year 2024

Participants Over Time

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

1260200720162024YearValue
12Latest 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
2024112$3,935,822$179,922$14,994iApproximate average salary by contribution assumption: employee only about $374,838 at 4% or $249,892 at 6%; with 50% employer match about $249,892 at 4% or $166,594 at 6%; with 100% employer match about $187,419 at 4% or $124,946 at 6%.
Sharma & Associates Inc. 401(K) Rate Group Profit Sharing Plan and Trust-12$3,935,822$179,922$14,994iApproximate average salary by contribution assumption: employee only about $374,838 at 4% or $249,892 at 6%; with 50% employer match about $249,892 at 4% or $166,594 at 6%; with 100% employer match about $187,419 at 4% or $124,946 at 6%.
2023111$3,360,817$172,587$15,690iApproximate average salary by contribution assumption: employee only about $392,243 at 4% or $261,495 at 6%; with 50% employer match about $261,495 at 4% or $174,330 at 6%; with 100% employer match about $196,122 at 4% or $130,748 at 6%.
Sharma & Associates Inc. 401(K) Rate Group Profit Sharing Plan and Trust-11$3,360,817$172,587$15,690iApproximate average salary by contribution assumption: employee only about $392,243 at 4% or $261,495 at 6%; with 50% employer match about $261,495 at 4% or $174,330 at 6%; with 100% employer match about $196,122 at 4% or $130,748 at 6%.
202219$2,736,156$80,157$8,906iApproximate average salary by contribution assumption: employee only about $222,658 at 4% or $148,439 at 6%; with 50% employer match about $148,439 at 4% or $98,959 at 6%; with 100% employer match about $111,329 at 4% or $74,219 at 6%.
Sharma & Associates Inc. 401(K) Rate Group Profit Sharing Plan and Trust-9$2,736,156$80,157$8,906iApproximate average salary by contribution assumption: employee only about $222,658 at 4% or $148,439 at 6%; with 50% employer match about $148,439 at 4% or $98,959 at 6%; with 100% employer match about $111,329 at 4% or $74,219 at 6%.
202118$3,234,195$62,000$7,750iApproximate average salary by contribution assumption: employee only about $193,750 at 4% or $129,167 at 6%; with 50% employer match about $129,167 at 4% or $86,111 at 6%; with 100% employer match about $96,875 at 4% or $64,583 at 6%.
Sharma & Associates Inc. 401(K) Rate Group Profit Sharing Plan and Trust-8$3,234,195$62,000$7,750iApproximate average salary by contribution assumption: employee only about $193,750 at 4% or $129,167 at 6%; with 50% employer match about $129,167 at 4% or $86,111 at 6%; with 100% employer match about $96,875 at 4% or $64,583 at 6%.
202017$2,765,852$59,787$8,541iApproximate average salary by contribution assumption: employee only about $213,525 at 4% or $142,350 at 6%; with 50% employer match about $142,350 at 4% or $94,900 at 6%; with 100% employer match about $106,763 at 4% or $71,175 at 6%.
Sharma & Associates Inc. 401(K) Rate Group Profit Sharing Plan and Trust-7$2,765,852$59,787$8,541iApproximate average salary by contribution assumption: employee only about $213,525 at 4% or $142,350 at 6%; with 50% employer match about $142,350 at 4% or $94,900 at 6%; with 100% employer match about $106,763 at 4% or $71,175 at 6%.
201928$2,353,785$93,016$11,627iApproximate average salary by contribution assumption: employee only about $290,675 at 4% or $193,783 at 6%; with 50% employer match about $193,783 at 4% or $129,189 at 6%; with 100% employer match about $145,338 at 4% or $96,892 at 6%.
Sharma & Associates Inc. 401(K) Rate Group Profit Sharing Plan and Trust-8$2,353,785$93,016$11,627iApproximate average salary by contribution assumption: employee only about $290,675 at 4% or $193,783 at 6%; with 50% employer match about $193,783 at 4% or $129,189 at 6%; with 100% employer match about $145,338 at 4% or $96,892 at 6%.
SHARMA & ASSOCIATES, INC. CASH BALANCE PLAN-0$0--
201828$3,402,606$200,548$25,069iApproximate average salary by contribution assumption: employee only about $626,713 at 4% or $417,808 at 6%; with 50% employer match about $417,808 at 4% or $278,539 at 6%; with 100% employer match about $313,356 at 4% or $208,904 at 6%.
Sharma & Associates Inc. 401(K) Rate Group Profit Sharing Plan and Trust-8$1,862,179$112,548$14,069iApproximate average salary by contribution assumption: employee only about $351,713 at 4% or $234,475 at 6%; with 50% employer match about $234,475 at 4% or $156,317 at 6%; with 100% employer match about $175,856 at 4% or $117,238 at 6%.
SHARMA & ASSOCIATES, INC. CASH BALANCE PLAN-7$1,540,427$88,000$12,571iApproximate average salary by contribution assumption: employee only about $314,286 at 4% or $209,524 at 6%; with 50% employer match about $209,524 at 4% or $139,683 at 6%; with 100% employer match about $157,143 at 4% or $104,762 at 6%.
201728$3,420,140$365,613$45,702iApproximate average salary by contribution assumption: employee only about $1,142,541 at 4% or $761,694 at 6%; with 50% employer match about $761,694 at 4% or $507,796 at 6%; with 100% employer match about $571,270 at 4% or $380,847 at 6%.
Sharma & Associates Inc. 401(K) Rate Group Profit Sharing Plan and Trust-8$1,909,668$115,613$14,452iApproximate average salary by contribution assumption: employee only about $361,291 at 4% or $240,860 at 6%; with 50% employer match about $240,860 at 4% or $160,574 at 6%; with 100% employer match about $180,645 at 4% or $120,430 at 6%.
SHARMA & ASSOCIATES, INC. CASH BALANCE PLAN-7$1,510,472$250,000$35,714iApproximate average salary by contribution assumption: employee only about $892,857 at 4% or $595,238 at 6%; with 50% employer match about $595,238 at 4% or $396,825 at 6%; with 100% employer match about $446,429 at 4% or $297,619 at 6%.
201627$2,722,536$389,085$55,584iApproximate average salary by contribution assumption: employee only about $1,389,589 at 4% or $926,393 at 6%; with 50% employer match about $926,393 at 4% or $617,595 at 6%; with 100% employer match about $694,795 at 4% or $463,196 at 6%.
Sharma & Associates Inc. 401(K) Rate Group Profit Sharing Plan and Trust-7$1,532,032$114,085$16,298iApproximate average salary by contribution assumption: employee only about $407,446 at 4% or $271,631 at 6%; with 50% employer match about $271,631 at 4% or $181,087 at 6%; with 100% employer match about $203,723 at 4% or $135,815 at 6%.
SHARMA & ASSOCIATES, INC. CASH BALANCE PLAN-6$1,190,504$275,000$45,833iApproximate average salary by contribution assumption: employee only about $1,145,833 at 4% or $763,889 at 6%; with 50% employer match about $763,889 at 4% or $509,259 at 6%; with 100% employer match about $572,917 at 4% or $381,944 at 6%.
201528$2,208,146$388,062$48,508iApproximate average salary by contribution assumption: employee only about $1,212,694 at 4% or $808,463 at 6%; with 50% employer match about $808,463 at 4% or $538,975 at 6%; with 100% employer match about $606,347 at 4% or $404,231 at 6%.
Sharma & Associates Inc. 401(K) Rate Group Profit Sharing Plan and Trust-7$1,316,140$113,062$16,152iApproximate average salary by contribution assumption: employee only about $403,793 at 4% or $269,195 at 6%; with 50% employer match about $269,195 at 4% or $179,463 at 6%; with 100% employer match about $201,896 at 4% or $134,598 at 6%.
SHARMA & ASSOCIATES, INC. CASH BALANCE PLAN-8$892,006$275,000$34,375iApproximate average salary by contribution assumption: employee only about $859,375 at 4% or $572,917 at 6%; with 50% employer match about $572,917 at 4% or $381,944 at 6%; with 100% employer match about $429,688 at 4% or $286,458 at 6%.
201427$1,856,803$386,330$55,190iApproximate average salary by contribution assumption: employee only about $1,379,750 at 4% or $919,833 at 6%; with 50% employer match about $919,833 at 4% or $613,222 at 6%; with 100% employer match about $689,875 at 4% or $459,917 at 6%.
Sharma & Associates Inc. 401(K) Rate Group Profit Sharing Plan and Trust-7$1,229,163$111,330$15,904iApproximate average salary by contribution assumption: employee only about $397,607 at 4% or $265,071 at 6%; with 50% employer match about $265,071 at 4% or $176,714 at 6%; with 100% employer match about $198,804 at 4% or $132,536 at 6%.
SHARMA & ASSOCIATES, INC. CASH BALANCE PLAN-7$627,640$275,000$39,286iApproximate average salary by contribution assumption: employee only about $982,143 at 4% or $654,762 at 6%; with 50% employer match about $654,762 at 4% or $436,508 at 6%; with 100% employer match about $491,071 at 4% or $327,381 at 6%.
201327$1,395,418$332,726$47,532iApproximate average salary by contribution assumption: employee only about $1,188,307 at 4% or $792,205 at 6%; with 50% employer match about $792,205 at 4% or $528,137 at 6%; with 100% employer match about $594,154 at 4% or $396,102 at 6%.
Sharma & Associates Inc. 401(K) Rate Group Profit Sharing Plan and Trust-7$1,051,755$107,726$15,389iApproximate average salary by contribution assumption: employee only about $384,736 at 4% or $256,490 at 6%; with 50% employer match about $256,490 at 4% or $170,994 at 6%; with 100% employer match about $192,368 at 4% or $128,245 at 6%.
SHARMA & ASSOCIATES, INC. CASH BALANCE PLAN-6$343,663$225,000$37,500iApproximate average salary by contribution assumption: employee only about $937,500 at 4% or $625,000 at 6%; with 50% employer match about $625,000 at 4% or $416,667 at 6%; with 100% employer match about $468,750 at 4% or $312,500 at 6%.
201225$949,886$224,599$44,920iApproximate average salary by contribution assumption: employee only about $1,122,995 at 4% or $748,663 at 6%; with 50% employer match about $748,663 at 4% or $499,109 at 6%; with 100% employer match about $561,498 at 4% or $374,332 at 6%.
Sharma & Associates Inc. 401(K) Rate Group Profit Sharing Plan and Trust-5$831,807$106,520$21,304iApproximate average salary by contribution assumption: employee only about $532,600 at 4% or $355,067 at 6%; with 50% employer match about $355,067 at 4% or $236,711 at 6%; with 100% employer match about $266,300 at 4% or $177,533 at 6%.
SHARMA & ASSOCIATES, INC. CASH BALANCE PLAN-4$118,079$118,079$29,520iApproximate average salary by contribution assumption: employee only about $737,994 at 4% or $491,996 at 6%; with 50% employer match about $491,996 at 4% or $327,997 at 6%; with 100% employer match about $368,997 at 4% or $245,998 at 6%.
201115$645,263$101,168$20,234iApproximate average salary by contribution assumption: employee only about $505,840 at 4% or $337,227 at 6%; with 50% employer match about $337,227 at 4% or $224,818 at 6%; with 100% employer match about $252,920 at 4% or $168,613 at 6%.
Sharma & Associates Inc. 401(K) Rate Group Profit Sharing Plan and Trust-5$645,263$101,168$20,234iApproximate average salary by contribution assumption: employee only about $505,840 at 4% or $337,227 at 6%; with 50% employer match about $337,227 at 4% or $224,818 at 6%; with 100% employer match about $252,920 at 4% or $168,613 at 6%.
201015$589,173$102,069$20,414iApproximate average salary by contribution assumption: employee only about $510,345 at 4% or $340,230 at 6%; with 50% employer match about $340,230 at 4% or $226,820 at 6%; with 100% employer match about $255,173 at 4% or $170,115 at 6%.
Sharma & Associates Inc. 401(K) Rate Group Profit Sharing Plan and Trust-5$589,173$102,069$20,414iApproximate average salary by contribution assumption: employee only about $510,345 at 4% or $340,230 at 6%; with 50% employer match about $340,230 at 4% or $226,820 at 6%; with 100% employer match about $255,173 at 4% or $170,115 at 6%.
200915$408,785$99,526$19,905iApproximate average salary by contribution assumption: employee only about $497,630 at 4% or $331,753 at 6%; with 50% employer match about $331,753 at 4% or $221,169 at 6%; with 100% employer match about $248,815 at 4% or $165,877 at 6%.
Sharma & Associates Inc. 401(K) Rate Group Profit Sharing Plan and Trust-5$408,785$99,526$19,905iApproximate average salary by contribution assumption: employee only about $497,630 at 4% or $331,753 at 6%; with 50% employer match about $331,753 at 4% or $221,169 at 6%; with 100% employer match about $248,815 at 4% or $165,877 at 6%.
200814$0$0-
Sharma & Associates Inc. 401(K) Rate Group Profit Sharing Plan and Trust-4---
200713$0$0-
Sharma & Associates Inc. 401(K) Rate Group Profit Sharing Plan and Trust-3---