Civic Intelligence

Medeiros Financial Services Inc.

Plan context: Mfs Inc. Defined Benefit Pension Plan

EIN 55-0184500 • Warwick, RI • 12 filings • 2 plans

2348 Post RoadOfcWarwick, RI 02886
Current Snapshot

Latest Year

2019

2019 Participants

1

2019 Assets

$1,015,325

2019 Contributions

$180,000

Historical Graphs

Total Assets Over Time

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

$1,075,662$537,831$0201320162019YearValue
$1,015,325Latest year 2019

Participants Over Time

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

110201320162019YearValue
1Latest year 2019

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
201911$1,015,325$180,000$180,000iApproximate average salary by contribution assumption: employee only about $4,500,000 at 4% or $3,000,000 at 6%; with 50% employer match about $3,000,000 at 4% or $2,000,000 at 6%; with 100% employer match about $2,250,000 at 4% or $1,500,000 at 6%.
Mfs Inc. Defined Benefit Pension Plan-1$1,015,325$180,000$180,000iApproximate average salary by contribution assumption: employee only about $4,500,000 at 4% or $3,000,000 at 6%; with 50% employer match about $3,000,000 at 4% or $2,000,000 at 6%; with 100% employer match about $2,250,000 at 4% or $1,500,000 at 6%.
201811$687,866$165,000$165,000iApproximate average salary by contribution assumption: employee only about $4,125,000 at 4% or $2,750,000 at 6%; with 50% employer match about $2,750,000 at 4% or $1,833,333 at 6%; with 100% employer match about $2,062,500 at 4% or $1,375,000 at 6%.
Mfs Inc. Defined Benefit Pension Plan-1$687,866$165,000$165,000iApproximate average salary by contribution assumption: employee only about $4,125,000 at 4% or $2,750,000 at 6%; with 50% employer match about $2,750,000 at 4% or $1,833,333 at 6%; with 100% employer match about $2,062,500 at 4% or $1,375,000 at 6%.
201721$1,075,662$191,000$191,000iApproximate average salary by contribution assumption: employee only about $4,775,000 at 4% or $3,183,333 at 6%; with 50% employer match about $3,183,333 at 4% or $2,122,222 at 6%; with 100% employer match about $2,387,500 at 4% or $1,591,667 at 6%.
Mfs Inc. Defined Benefit Pension Plan-1$554,451$191,000$191,000iApproximate average salary by contribution assumption: employee only about $4,775,000 at 4% or $3,183,333 at 6%; with 50% employer match about $3,183,333 at 4% or $2,122,222 at 6%; with 100% employer match about $2,387,500 at 4% or $1,591,667 at 6%.
MFS, INC.401(K) PROFIT SHARING PLAN-1$521,211--
201621$754,062$130,000$130,000iApproximate average salary by contribution assumption: employee only about $3,250,000 at 4% or $2,166,667 at 6%; with 50% employer match about $2,166,667 at 4% or $1,444,444 at 6%; with 100% employer match about $1,625,000 at 4% or $1,083,333 at 6%.
MFS, INC.401(K) PROFIT SHARING PLAN-1$426,743--
Mfs Inc. Defined Benefit Pension Plan-1$327,319$130,000$130,000iApproximate average salary by contribution assumption: employee only about $3,250,000 at 4% or $2,166,667 at 6%; with 50% employer match about $2,166,667 at 4% or $1,444,444 at 6%; with 100% employer match about $1,625,000 at 4% or $1,083,333 at 6%.
201521$557,786$112,386$112,386iApproximate average salary by contribution assumption: employee only about $2,809,650 at 4% or $1,873,100 at 6%; with 50% employer match about $1,873,100 at 4% or $1,248,733 at 6%; with 100% employer match about $1,404,825 at 4% or $936,550 at 6%.
MFS, INC.401(K) PROFIT SHARING PLAN-1$373,642$32,178$32,178iApproximate average salary by contribution assumption: employee only about $804,450 at 4% or $536,300 at 6%; with 50% employer match about $536,300 at 4% or $357,533 at 6%; with 100% employer match about $402,225 at 4% or $268,150 at 6%.
Mfs Inc. Defined Benefit Pension Plan-1$184,144$80,208$80,208iApproximate average salary by contribution assumption: employee only about $2,005,200 at 4% or $1,336,800 at 6%; with 50% employer match about $1,336,800 at 4% or $891,200 at 6%; with 100% employer match about $1,002,600 at 4% or $668,400 at 6%.
201421$450,234$89,196$89,196iApproximate average salary by contribution assumption: employee only about $2,229,900 at 4% or $1,486,600 at 6%; with 50% employer match about $1,486,600 at 4% or $991,067 at 6%; with 100% employer match about $1,114,950 at 4% or $743,300 at 6%.
MFS, INC.401(K) PROFIT SHARING PLAN-1$344,031$30,999$30,999iApproximate average salary by contribution assumption: employee only about $774,975 at 4% or $516,650 at 6%; with 50% employer match about $516,650 at 4% or $344,433 at 6%; with 100% employer match about $387,488 at 4% or $258,325 at 6%.
Mfs Inc. Defined Benefit Pension Plan-1$106,203$58,197$58,197iApproximate average salary by contribution assumption: employee only about $1,454,925 at 4% or $969,950 at 6%; with 50% employer match about $969,950 at 4% or $646,633 at 6%; with 100% employer match about $727,463 at 4% or $484,975 at 6%.
201321$349,925$74,000$74,000iApproximate average salary by contribution assumption: employee only about $1,850,000 at 4% or $1,233,333 at 6%; with 50% employer match about $1,233,333 at 4% or $822,222 at 6%; with 100% employer match about $925,000 at 4% or $616,667 at 6%.
MFS, INC.401(K) PROFIT SHARING PLAN-1$301,975$26,050$26,050iApproximate average salary by contribution assumption: employee only about $651,250 at 4% or $434,167 at 6%; with 50% employer match about $434,167 at 4% or $289,444 at 6%; with 100% employer match about $325,625 at 4% or $217,083 at 6%.
Mfs Inc. Defined Benefit Pension Plan-1$47,950$47,950$47,950iApproximate average salary by contribution assumption: employee only about $1,198,750 at 4% or $799,167 at 6%; with 50% employer match about $799,167 at 4% or $532,778 at 6%; with 100% employer match about $599,375 at 4% or $399,583 at 6%.