Civic Intelligence

Damsey and Associates Ltd

Plan context: Damsey and Associates Ltd. Profit Sharing Plan

EIN 54-1322090 • Virginia Beach, VA • 28 filings • 3 plans

3196-100 Silver Sands CircleVirginia Beach, VA 23451
Current Snapshot

Latest Year

2020

2020 Participants

2

2020 Assets

$4,394,874

2020 Contributions

$210,360

Historical Graphs

Total Assets Over Time

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

$4,394,874$2,197,437$0199920102020YearValue
$4,394,874Latest year 2020

Participants Over Time

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

740199920102020YearValue
2Latest year 2020

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
202022$4,394,874$210,360$105,180iApproximate average salary by contribution assumption: employee only about $2,629,500 at 4% or $1,753,000 at 6%; with 50% employer match about $1,753,000 at 4% or $1,168,667 at 6%; with 100% employer match about $1,314,750 at 4% or $876,500 at 6%.
Damsey and Associates Ltd. Profit Sharing Plan-2$2,897,186$35,360$17,680iApproximate average salary by contribution assumption: employee only about $442,000 at 4% or $294,667 at 6%; with 50% employer match about $294,667 at 4% or $196,444 at 6%; with 100% employer match about $221,000 at 4% or $147,333 at 6%.
DAMSEY AND ASSOCIATES, LTD. CASH BALANCE PLAN-2$1,497,688$175,000$87,500iApproximate average salary by contribution assumption: employee only about $2,187,500 at 4% or $1,458,333 at 6%; with 50% employer match about $1,458,333 at 4% or $972,222 at 6%; with 100% employer match about $1,093,750 at 4% or $729,167 at 6%.
201922$3,653,082$287,067$143,534iApproximate average salary by contribution assumption: employee only about $3,588,338 at 4% or $2,392,225 at 6%; with 50% employer match about $2,392,225 at 4% or $1,594,817 at 6%; with 100% employer match about $1,794,169 at 4% or $1,196,113 at 6%.
Damsey and Associates Ltd. Profit Sharing Plan-2$2,409,974$62,067$31,034iApproximate average salary by contribution assumption: employee only about $775,838 at 4% or $517,225 at 6%; with 50% employer match about $517,225 at 4% or $344,817 at 6%; with 100% employer match about $387,919 at 4% or $258,613 at 6%.
DAMSEY AND ASSOCIATES, LTD. CASH BALANCE PLAN-2$1,243,108$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%.
201822$2,641,482$254,430$127,215iApproximate average salary by contribution assumption: employee only about $3,180,375 at 4% or $2,120,250 at 6%; with 50% employer match about $2,120,250 at 4% or $1,413,500 at 6%; with 100% employer match about $1,590,188 at 4% or $1,060,125 at 6%.
Damsey and Associates Ltd. Profit Sharing Plan-2$1,832,958$44,430$22,215iApproximate average salary by contribution assumption: employee only about $555,375 at 4% or $370,250 at 6%; with 50% employer match about $370,250 at 4% or $246,833 at 6%; with 100% employer match about $277,688 at 4% or $185,125 at 6%.
DAMSEY AND ASSOCIATES, LTD. CASH BALANCE PLAN-2$808,524$210,000$105,000iApproximate average salary by contribution assumption: employee only about $2,625,000 at 4% or $1,750,000 at 6%; with 50% employer match about $1,750,000 at 4% or $1,166,667 at 6%; with 100% employer match about $1,312,500 at 4% or $875,000 at 6%.
201722$2,692,095$273,369$136,685iApproximate average salary by contribution assumption: employee only about $3,417,113 at 4% or $2,278,075 at 6%; with 50% employer match about $2,278,075 at 4% or $1,518,717 at 6%; with 100% employer match about $1,708,556 at 4% or $1,139,038 at 6%.
Damsey and Associates Ltd. Profit Sharing Plan-2$1,997,321$60,034$30,017iApproximate average salary by contribution assumption: employee only about $750,425 at 4% or $500,283 at 6%; with 50% employer match about $500,283 at 4% or $333,522 at 6%; with 100% employer match about $375,213 at 4% or $250,142 at 6%.
DAMSEY AND ASSOCIATES, LTD. CASH BALANCE PLAN-2$694,774$213,335$106,668iApproximate average salary by contribution assumption: employee only about $2,666,688 at 4% or $1,777,792 at 6%; with 50% employer match about $1,777,792 at 4% or $1,185,194 at 6%; with 100% employer match about $1,333,344 at 4% or $888,896 at 6%.
201624$2,374,341$261,058$65,265iApproximate average salary by contribution assumption: employee only about $1,631,613 at 4% or $1,087,742 at 6%; with 50% employer match about $1,087,742 at 4% or $725,161 at 6%; with 100% employer match about $815,806 at 4% or $543,871 at 6%.
Damsey and Associates Ltd. Profit Sharing Plan-4$1,968,041$67,404$16,851iApproximate average salary by contribution assumption: employee only about $421,275 at 4% or $280,850 at 6%; with 50% employer match about $280,850 at 4% or $187,233 at 6%; with 100% employer match about $210,638 at 4% or $140,425 at 6%.
DAMSEY AND ASSOCIATES, LTD. CASH BALANCE PLAN-3$406,300$193,654$64,551iApproximate average salary by contribution assumption: employee only about $1,613,783 at 4% or $1,075,856 at 6%; with 50% employer match about $1,075,856 at 4% or $717,237 at 6%; with 100% employer match about $806,892 at 4% or $537,928 at 6%.
201525$2,084,421$244,035$48,807iApproximate average salary by contribution assumption: employee only about $1,220,175 at 4% or $813,450 at 6%; with 50% employer match about $813,450 at 4% or $542,300 at 6%; with 100% employer match about $610,088 at 4% or $406,725 at 6%.
Damsey and Associates Ltd. Profit Sharing Plan-5$1,907,399$67,013$13,403iApproximate average salary by contribution assumption: employee only about $335,065 at 4% or $223,377 at 6%; with 50% employer match about $223,377 at 4% or $148,918 at 6%; with 100% employer match about $167,533 at 4% or $111,688 at 6%.
DAMSEY AND ASSOCIATES, LTD. CASH BALANCE PLAN-2$177,022$177,022$88,511iApproximate average salary by contribution assumption: employee only about $2,212,775 at 4% or $1,475,183 at 6%; with 50% employer match about $1,475,183 at 4% or $983,456 at 6%; with 100% employer match about $1,106,388 at 4% or $737,592 at 6%.
201416$1,895,087$91,679$15,280iApproximate average salary by contribution assumption: employee only about $381,996 at 4% or $254,664 at 6%; with 50% employer match about $254,664 at 4% or $169,776 at 6%; with 100% employer match about $190,998 at 4% or $127,332 at 6%.
Damsey and Associates Ltd. Profit Sharing Plan-6$1,895,087$91,679$15,280iApproximate average salary by contribution assumption: employee only about $381,996 at 4% or $254,664 at 6%; with 50% employer match about $254,664 at 4% or $169,776 at 6%; with 100% employer match about $190,998 at 4% or $127,332 at 6%.
201316$1,737,387$114,116$19,019iApproximate average salary by contribution assumption: employee only about $475,483 at 4% or $316,989 at 6%; with 50% employer match about $316,989 at 4% or $211,326 at 6%; with 100% employer match about $237,742 at 4% or $158,494 at 6%.
Damsey and Associates Ltd. Profit Sharing Plan-6$1,737,387$114,116$19,019iApproximate average salary by contribution assumption: employee only about $475,483 at 4% or $316,989 at 6%; with 50% employer match about $316,989 at 4% or $211,326 at 6%; with 100% employer match about $237,742 at 4% or $158,494 at 6%.
201216$1,273,475$103,069$17,178iApproximate average salary by contribution assumption: employee only about $429,454 at 4% or $286,303 at 6%; with 50% employer match about $286,303 at 4% or $190,869 at 6%; with 100% employer match about $214,727 at 4% or $143,151 at 6%.
Damsey and Associates Ltd. Profit Sharing Plan-6$1,273,475$103,069$17,178iApproximate average salary by contribution assumption: employee only about $429,454 at 4% or $286,303 at 6%; with 50% employer match about $286,303 at 4% or $190,869 at 6%; with 100% employer match about $214,727 at 4% or $143,151 at 6%.
201115$1,011,426$74,242$14,848iApproximate average salary by contribution assumption: employee only about $371,210 at 4% or $247,473 at 6%; with 50% employer match about $247,473 at 4% or $164,982 at 6%; with 100% employer match about $185,605 at 4% or $123,737 at 6%.
Damsey and Associates Ltd. Profit Sharing Plan-5$1,011,426$74,242$14,848iApproximate average salary by contribution assumption: employee only about $371,210 at 4% or $247,473 at 6%; with 50% employer match about $247,473 at 4% or $164,982 at 6%; with 100% employer match about $185,605 at 4% or $123,737 at 6%.
201016$1,037,776$81,833$13,639iApproximate average salary by contribution assumption: employee only about $340,971 at 4% or $227,314 at 6%; with 50% employer match about $227,314 at 4% or $151,543 at 6%; with 100% employer match about $170,485 at 4% or $113,657 at 6%.
Damsey and Associates Ltd. Profit Sharing Plan-6$1,037,776$81,833$13,639iApproximate average salary by contribution assumption: employee only about $340,971 at 4% or $227,314 at 6%; with 50% employer match about $227,314 at 4% or $151,543 at 6%; with 100% employer match about $170,485 at 4% or $113,657 at 6%.
200917$857,288$62,955$8,994iApproximate average salary by contribution assumption: employee only about $224,839 at 4% or $149,893 at 6%; with 50% employer match about $149,893 at 4% or $99,929 at 6%; with 100% employer match about $112,420 at 4% or $74,946 at 6%.
Damsey and Associates Ltd. Profit Sharing Plan-7$857,288$62,955$8,994iApproximate average salary by contribution assumption: employee only about $224,839 at 4% or $149,893 at 6%; with 50% employer match about $149,893 at 4% or $99,929 at 6%; with 100% employer match about $112,420 at 4% or $74,946 at 6%.
200816$639,375$94,170$15,695iApproximate average salary by contribution assumption: employee only about $392,375 at 4% or $261,583 at 6%; with 50% employer match about $261,583 at 4% or $174,389 at 6%; with 100% employer match about $196,188 at 4% or $130,792 at 6%.
Damsey and Associates Ltd. Profit Sharing Plan-6$639,375$94,170$15,695iApproximate average salary by contribution assumption: employee only about $392,375 at 4% or $261,583 at 6%; with 50% employer match about $261,583 at 4% or $174,389 at 6%; with 100% employer match about $196,188 at 4% or $130,792 at 6%.
200716$965,280$99,272$16,545iApproximate average salary by contribution assumption: employee only about $413,633 at 4% or $275,756 at 6%; with 50% employer match about $275,756 at 4% or $183,837 at 6%; with 100% employer match about $206,817 at 4% or $137,878 at 6%.
Damsey and Associates Ltd. Profit Sharing Plan-6$965,280$99,272$16,545iApproximate average salary by contribution assumption: employee only about $413,633 at 4% or $275,756 at 6%; with 50% employer match about $275,756 at 4% or $183,837 at 6%; with 100% employer match about $206,817 at 4% or $137,878 at 6%.
200616$809,076$96,975$16,163iApproximate average salary by contribution assumption: employee only about $404,063 at 4% or $269,375 at 6%; with 50% employer match about $269,375 at 4% or $179,583 at 6%; with 100% employer match about $202,031 at 4% or $134,688 at 6%.
Damsey and Associates Ltd. Profit Sharing Plan-6$809,076$96,975$16,163iApproximate average salary by contribution assumption: employee only about $404,063 at 4% or $269,375 at 6%; with 50% employer match about $269,375 at 4% or $179,583 at 6%; with 100% employer match about $202,031 at 4% or $134,688 at 6%.
200515$662,429$85,725$17,145iApproximate average salary by contribution assumption: employee only about $428,625 at 4% or $285,750 at 6%; with 50% employer match about $285,750 at 4% or $190,500 at 6%; with 100% employer match about $214,313 at 4% or $142,875 at 6%.
Damsey and Associates Ltd. Profit Sharing Plan-5$662,429$85,725$17,145iApproximate average salary by contribution assumption: employee only about $428,625 at 4% or $285,750 at 6%; with 50% employer match about $285,750 at 4% or $190,500 at 6%; with 100% employer match about $214,313 at 4% or $142,875 at 6%.
200416$740,462$74,319$12,387iApproximate average salary by contribution assumption: employee only about $309,663 at 4% or $206,442 at 6%; with 50% employer match about $206,442 at 4% or $137,628 at 6%; with 100% employer match about $154,831 at 4% or $103,221 at 6%.
Damsey and Associates Ltd. Profit Sharing Plan-6$740,462$74,319$12,387iApproximate average salary by contribution assumption: employee only about $309,663 at 4% or $206,442 at 6%; with 50% employer match about $206,442 at 4% or $137,628 at 6%; with 100% employer match about $154,831 at 4% or $103,221 at 6%.
200316$654,810$70,479$11,747iApproximate average salary by contribution assumption: employee only about $293,663 at 4% or $195,775 at 6%; with 50% employer match about $195,775 at 4% or $130,517 at 6%; with 100% employer match about $146,831 at 4% or $97,888 at 6%.
Damsey and Associates Ltd. Profit Sharing Plan-6$654,810$70,479$11,747iApproximate average salary by contribution assumption: employee only about $293,663 at 4% or $195,775 at 6%; with 50% employer match about $195,775 at 4% or $130,517 at 6%; with 100% employer match about $146,831 at 4% or $97,888 at 6%.
200215$483,986$75,247$15,049iApproximate average salary by contribution assumption: employee only about $376,235 at 4% or $250,823 at 6%; with 50% employer match about $250,823 at 4% or $167,216 at 6%; with 100% employer match about $188,118 at 4% or $125,412 at 6%.
Damsey and Associates Ltd. Profit Sharing Plan-5$483,986$75,247$15,049iApproximate average salary by contribution assumption: employee only about $376,235 at 4% or $250,823 at 6%; with 50% employer match about $250,823 at 4% or $167,216 at 6%; with 100% employer match about $188,118 at 4% or $125,412 at 6%.
200115$490,358$63,862$12,772iApproximate average salary by contribution assumption: employee only about $319,310 at 4% or $212,873 at 6%; with 50% employer match about $212,873 at 4% or $141,916 at 6%; with 100% employer match about $159,655 at 4% or $106,437 at 6%.
Damsey and Associates Ltd. Profit Sharing Plan-5$490,358$63,862$12,772iApproximate average salary by contribution assumption: employee only about $319,310 at 4% or $212,873 at 6%; with 50% employer match about $212,873 at 4% or $141,916 at 6%; with 100% employer match about $159,655 at 4% or $106,437 at 6%.
200016$0$0-
Damsey and Associates Ltd. Profit Sharing Plan-6---
199915$520,368$49,572$9,914iApproximate average salary by contribution assumption: employee only about $247,860 at 4% or $165,240 at 6%; with 50% employer match about $165,240 at 4% or $110,160 at 6%; with 100% employer match about $123,930 at 4% or $82,620 at 6%.
Damsey and Associates Ltd. Profit Sharing Plan-5$520,368$49,572$9,914iApproximate average salary by contribution assumption: employee only about $247,860 at 4% or $165,240 at 6%; with 50% employer match about $165,240 at 4% or $110,160 at 6%; with 100% employer match about $123,930 at 4% or $82,620 at 6%.