Civic Intelligence

Sherman & Patterson Ltd.

Plan context: Sherman & Patterson, 401(K) Profit Sharing Plan

EIN 54-2111186 • Maple Plain, MN • 23 filings • 2 plans

1613 Maple AvenueMaple Plain, MN 55359
Current Snapshot

Latest Year

2025

2025 Participants

3

2025 Assets

$304,743

2025 Contributions

$31,000

Historical Graphs

Total Assets Over Time

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

$2,816,811$1,408,406$0201420202025YearValue
$304,743Latest year 2025

Participants Over Time

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

530201420202025YearValue
3Latest year 2025

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
202513$304,743$31,000$10,333iApproximate average salary by contribution assumption: employee only about $258,333 at 4% or $172,222 at 6%; with 50% employer match about $172,222 at 4% or $114,815 at 6%; with 100% employer match about $129,167 at 4% or $86,111 at 6%.
Sherman & Patterson, 401(K) Profit Sharing Plan-3$304,743$31,000$10,333iApproximate average salary by contribution assumption: employee only about $258,333 at 4% or $172,222 at 6%; with 50% employer match about $172,222 at 4% or $114,815 at 6%; with 100% employer match about $129,167 at 4% or $86,111 at 6%.
202423$2,816,811$191,500$63,833iApproximate average salary by contribution assumption: employee only about $1,595,833 at 4% or $1,063,889 at 6%; with 50% employer match about $1,063,889 at 4% or $709,259 at 6%; with 100% employer match about $797,917 at 4% or $531,944 at 6%.
SHERMAN & PATTERSON CASH BALANCE PLAN-3$2,581,104$191,000$63,667iApproximate average salary by contribution assumption: employee only about $1,591,667 at 4% or $1,061,111 at 6%; with 50% employer match about $1,061,111 at 4% or $707,407 at 6%; with 100% employer match about $795,833 at 4% or $530,556 at 6%.
Sherman & Patterson, 401(K) Profit Sharing Plan-2$235,707$500$250iApproximate average salary by contribution assumption: employee only about $6,250 at 4% or $4,167 at 6%; with 50% employer match about $4,167 at 4% or $2,778 at 6%; with 100% employer match about $3,125 at 4% or $2,083 at 6%.
202323$2,288,429$303,925$101,308iApproximate average salary by contribution assumption: employee only about $2,532,708 at 4% or $1,688,472 at 6%; with 50% employer match about $1,688,472 at 4% or $1,125,648 at 6%; with 100% employer match about $1,266,354 at 4% or $844,236 at 6%.
SHERMAN & PATTERSON CASH BALANCE PLAN-3$2,080,811$301,225$100,408iApproximate average salary by contribution assumption: employee only about $2,510,208 at 4% or $1,673,472 at 6%; with 50% employer match about $1,673,472 at 4% or $1,115,648 at 6%; with 100% employer match about $1,255,104 at 4% or $836,736 at 6%.
Sherman & Patterson, 401(K) Profit Sharing Plan-2$207,618$2,700$1,350iApproximate average salary by contribution assumption: employee only about $33,750 at 4% or $22,500 at 6%; with 50% employer match about $22,500 at 4% or $15,000 at 6%; with 100% employer match about $16,875 at 4% or $11,250 at 6%.
202224$1,821,056$156,916$39,229iApproximate average salary by contribution assumption: employee only about $980,725 at 4% or $653,817 at 6%; with 50% employer match about $653,817 at 4% or $435,878 at 6%; with 100% employer match about $490,363 at 4% or $326,908 at 6%.
SHERMAN & PATTERSON CASH BALANCE PLAN-4$1,639,417$146,616$36,654iApproximate average salary by contribution assumption: employee only about $916,350 at 4% or $610,900 at 6%; with 50% employer match about $610,900 at 4% or $407,267 at 6%; with 100% employer match about $458,175 at 4% or $305,450 at 6%.
Sherman & Patterson, 401(K) Profit Sharing Plan-3$181,639$10,300$3,433iApproximate average salary by contribution assumption: employee only about $85,833 at 4% or $57,222 at 6%; with 50% employer match about $57,222 at 4% or $38,148 at 6%; with 100% employer match about $42,917 at 4% or $28,611 at 6%.
202124$1,949,255$10,300$2,575iApproximate average salary by contribution assumption: employee only about $64,375 at 4% or $42,917 at 6%; with 50% employer match about $42,917 at 4% or $28,611 at 6%; with 100% employer match about $32,188 at 4% or $21,458 at 6%.
SHERMAN & PATTERSON CASH BALANCE PLAN-4$1,749,147--
Sherman & Patterson, 401(K) Profit Sharing Plan-3$200,108$10,300$3,433iApproximate average salary by contribution assumption: employee only about $85,833 at 4% or $57,222 at 6%; with 50% employer match about $57,222 at 4% or $38,148 at 6%; with 100% employer match about $42,917 at 4% or $28,611 at 6%.
202023$1,812,659$634,000$211,333iApproximate average salary by contribution assumption: employee only about $5,283,333 at 4% or $3,522,222 at 6%; with 50% employer match about $3,522,222 at 4% or $2,348,148 at 6%; with 100% employer match about $2,641,667 at 4% or $1,761,111 at 6%.
SHERMAN & PATTERSON CASH BALANCE PLAN-3$1,651,169$624,000$208,000iApproximate average salary by contribution assumption: employee only about $5,200,000 at 4% or $3,466,667 at 6%; with 50% employer match about $3,466,667 at 4% or $2,311,111 at 6%; with 100% employer match about $2,600,000 at 4% or $1,733,333 at 6%.
Sherman & Patterson, 401(K) Profit Sharing Plan-3$161,490$10,000$3,333iApproximate average salary by contribution assumption: employee only about $83,333 at 4% or $55,556 at 6%; with 50% employer match about $55,556 at 4% or $37,037 at 6%; with 100% employer match about $41,667 at 4% or $27,778 at 6%.
201923$935,811$216,942$72,314iApproximate average salary by contribution assumption: employee only about $1,807,850 at 4% or $1,205,233 at 6%; with 50% employer match about $1,205,233 at 4% or $803,489 at 6%; with 100% employer match about $903,925 at 4% or $602,617 at 6%.
SHERMAN & PATTERSON CASH BALANCE PLAN-3$801,811$216,942$72,314iApproximate average salary by contribution assumption: employee only about $1,807,850 at 4% or $1,205,233 at 6%; with 50% employer match about $1,205,233 at 4% or $803,489 at 6%; with 100% employer match about $903,925 at 4% or $602,617 at 6%.
Sherman & Patterson, 401(K) Profit Sharing Plan-3$134,000$0-
201824$2,085,126$596,000$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%.
SHERMAN & PATTERSON CASH BALANCE PLAN-4$1,974,227$571,500$142,875iApproximate average salary by contribution assumption: employee only about $3,571,875 at 4% or $2,381,250 at 6%; with 50% employer match about $2,381,250 at 4% or $1,587,500 at 6%; with 100% employer match about $1,785,938 at 4% or $1,190,625 at 6%.
Sherman & Patterson, 401(K) Profit Sharing Plan-3$110,899$24,500$8,167iApproximate average salary by contribution assumption: employee only about $204,167 at 4% or $136,111 at 6%; with 50% employer match about $136,111 at 4% or $90,741 at 6%; with 100% employer match about $102,083 at 4% or $68,056 at 6%.
201724$1,639,056$323,218$80,805iApproximate average salary by contribution assumption: employee only about $2,020,113 at 4% or $1,346,742 at 6%; with 50% employer match about $1,346,742 at 4% or $897,828 at 6%; with 100% employer match about $1,010,056 at 4% or $673,371 at 6%.
SHERMAN & PATTERSON CASH BALANCE PLAN-4$1,398,555$247,000$61,750iApproximate average salary by contribution assumption: employee only about $1,543,750 at 4% or $1,029,167 at 6%; with 50% employer match about $1,029,167 at 4% or $686,111 at 6%; with 100% employer match about $771,875 at 4% or $514,583 at 6%.
Sherman & Patterson, 401(K) Profit Sharing Plan-4$240,501$76,218$19,055iApproximate average salary by contribution assumption: employee only about $476,363 at 4% or $317,575 at 6%; with 50% employer match about $317,575 at 4% or $211,717 at 6%; with 100% employer match about $238,181 at 4% or $158,788 at 6%.
201625$1,255,999$391,262$78,252iApproximate average salary by contribution assumption: employee only about $1,956,310 at 4% or $1,304,207 at 6%; with 50% employer match about $1,304,207 at 4% or $869,471 at 6%; with 100% employer match about $978,155 at 4% or $652,103 at 6%.
SHERMAN & PATTERSON CASH BALANCE PLAN-4$1,095,441$295,000$73,750iApproximate average salary by contribution assumption: employee only about $1,843,750 at 4% or $1,229,167 at 6%; with 50% employer match about $1,229,167 at 4% or $819,444 at 6%; with 100% employer match about $921,875 at 4% or $614,583 at 6%.
Sherman & Patterson, 401(K) Profit Sharing Plan-5$160,558$96,262$19,252iApproximate average salary by contribution assumption: employee only about $481,310 at 4% or $320,873 at 6%; with 50% employer match about $320,873 at 4% or $213,916 at 6%; with 100% employer match about $240,655 at 4% or $160,437 at 6%.
201524$826,912$545,723$136,431iApproximate average salary by contribution assumption: employee only about $3,410,769 at 4% or $2,273,846 at 6%; with 50% employer match about $2,273,846 at 4% or $1,515,897 at 6%; with 100% employer match about $1,705,384 at 4% or $1,136,923 at 6%.
SHERMAN & PATTERSON CASH BALANCE PLAN-4$736,337$467,000$116,750iApproximate average salary by contribution assumption: employee only about $2,918,750 at 4% or $1,945,833 at 6%; with 50% employer match about $1,945,833 at 4% or $1,297,222 at 6%; with 100% employer match about $1,459,375 at 4% or $972,917 at 6%.
Sherman & Patterson, 401(K) Profit Sharing Plan-3$90,575$78,723$26,241iApproximate average salary by contribution assumption: employee only about $656,025 at 4% or $437,350 at 6%; with 50% employer match about $437,350 at 4% or $291,567 at 6%; with 100% employer match about $328,013 at 4% or $218,675 at 6%.
201424$276,276$279,947$69,987iApproximate average salary by contribution assumption: employee only about $1,749,669 at 4% or $1,166,446 at 6%; with 50% employer match about $1,166,446 at 4% or $777,631 at 6%; with 100% employer match about $874,834 at 4% or $583,223 at 6%.
SHERMAN & PATTERSON CASH BALANCE PLAN-4$264,040$268,000$67,000iApproximate average salary by contribution assumption: employee only about $1,675,000 at 4% or $1,116,667 at 6%; with 50% employer match about $1,116,667 at 4% or $744,444 at 6%; with 100% employer match about $837,500 at 4% or $558,333 at 6%.
Sherman & Patterson, 401(K) Profit Sharing Plan-1$12,236$11,947$11,947iApproximate average salary by contribution assumption: employee only about $298,675 at 4% or $199,117 at 6%; with 50% employer match about $199,117 at 4% or $132,744 at 6%; with 100% employer match about $149,338 at 4% or $99,558 at 6%.