Civic Intelligence

Richard L. Towe, DMD

Plan context: Richard L. Towe Profit Sharing Plan

EIN 55-0529419 • Franklin, KY • 25 filings • 6 plans

120 Memorial DriveFranklin, KY 42134
Current Snapshot

Latest Year

2024

2024 Participants

12

2024 Assets

$1,396,148

2024 Contributions

$88,350

Historical Graphs

Total Assets Over Time

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

$2,560,057$1,280,029$0200020132024YearValue
$1,396,148Latest year 2024

Participants Over Time

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

1470200020122024YearValue
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$1,396,148$88,350$7,363iApproximate average salary by contribution assumption: employee only about $184,063 at 4% or $122,708 at 6%; with 50% employer match about $122,708 at 4% or $81,806 at 6%; with 100% employer match about $92,031 at 4% or $61,354 at 6%.
Richard L. Towe Profit Sharing Plan-12$1,396,148$88,350$7,363iApproximate average salary by contribution assumption: employee only about $184,063 at 4% or $122,708 at 6%; with 50% employer match about $122,708 at 4% or $81,806 at 6%; with 100% employer match about $92,031 at 4% or $61,354 at 6%.
2023111$1,230,038$90,091$8,190iApproximate average salary by contribution assumption: employee only about $204,752 at 4% or $136,502 at 6%; with 50% employer match about $136,502 at 4% or $91,001 at 6%; with 100% employer match about $102,376 at 4% or $68,251 at 6%.
Richard L. Towe Profit Sharing Plan-11$1,230,038$90,091$8,190iApproximate average salary by contribution assumption: employee only about $204,752 at 4% or $136,502 at 6%; with 50% employer match about $136,502 at 4% or $91,001 at 6%; with 100% employer match about $102,376 at 4% or $68,251 at 6%.
2022111$992,095$80,000$7,273iApproximate average salary by contribution assumption: employee only about $181,818 at 4% or $121,212 at 6%; with 50% employer match about $121,212 at 4% or $80,808 at 6%; with 100% employer match about $90,909 at 4% or $60,606 at 6%.
Richard L. Towe Profit Sharing Plan-11$992,095$80,000$7,273iApproximate average salary by contribution assumption: employee only about $181,818 at 4% or $121,212 at 6%; with 50% employer match about $121,212 at 4% or $80,808 at 6%; with 100% employer match about $90,909 at 4% or $60,606 at 6%.
2021112$1,075,486$81,973$6,831iApproximate average salary by contribution assumption: employee only about $170,777 at 4% or $113,851 at 6%; with 50% employer match about $113,851 at 4% or $75,901 at 6%; with 100% employer match about $85,389 at 4% or $56,926 at 6%.
Richard L. Towe Profit Sharing Plan-12$1,075,486$81,973$6,831iApproximate average salary by contribution assumption: employee only about $170,777 at 4% or $113,851 at 6%; with 50% employer match about $113,851 at 4% or $75,901 at 6%; with 100% employer match about $85,389 at 4% or $56,926 at 6%.
2020112$1,204,475$80,000$6,667iApproximate average salary by contribution assumption: employee only about $166,667 at 4% or $111,111 at 6%; with 50% employer match about $111,111 at 4% or $74,074 at 6%; with 100% employer match about $83,333 at 4% or $55,556 at 6%.
Richard L. Towe Profit Sharing Plan-12$1,204,475$80,000$6,667iApproximate average salary by contribution assumption: employee only about $166,667 at 4% or $111,111 at 6%; with 50% employer match about $111,111 at 4% or $74,074 at 6%; with 100% employer match about $83,333 at 4% or $55,556 at 6%.
2019114$2,560,057$86,697$6,193iApproximate average salary by contribution assumption: employee only about $154,816 at 4% or $103,211 at 6%; with 50% employer match about $103,211 at 4% or $68,807 at 6%; with 100% employer match about $77,408 at 4% or $51,605 at 6%.
Richard L. Towe Profit Sharing Plan-14$2,560,057$86,697$6,193iApproximate average salary by contribution assumption: employee only about $154,816 at 4% or $103,211 at 6%; with 50% employer match about $103,211 at 4% or $68,807 at 6%; with 100% employer match about $77,408 at 4% or $51,605 at 6%.
2018113$2,189,273$80,000$6,154iApproximate average salary by contribution assumption: employee only about $153,846 at 4% or $102,564 at 6%; with 50% employer match about $102,564 at 4% or $68,376 at 6%; with 100% employer match about $76,923 at 4% or $51,282 at 6%.
Richard L. Towe Profit Sharing Plan-13$2,189,273$80,000$6,154iApproximate average salary by contribution assumption: employee only about $153,846 at 4% or $102,564 at 6%; with 50% employer match about $102,564 at 4% or $68,376 at 6%; with 100% employer match about $76,923 at 4% or $51,282 at 6%.
2017112$2,209,814$80,000$6,667iApproximate average salary by contribution assumption: employee only about $166,667 at 4% or $111,111 at 6%; with 50% employer match about $111,111 at 4% or $74,074 at 6%; with 100% employer match about $83,333 at 4% or $55,556 at 6%.
Richard L. Towe Profit Sharing Plan-12$2,209,814$80,000$6,667iApproximate average salary by contribution assumption: employee only about $166,667 at 4% or $111,111 at 6%; with 50% employer match about $111,111 at 4% or $74,074 at 6%; with 100% employer match about $83,333 at 4% or $55,556 at 6%.
2016112$1,894,476$80,000$6,667iApproximate average salary by contribution assumption: employee only about $166,667 at 4% or $111,111 at 6%; with 50% employer match about $111,111 at 4% or $74,074 at 6%; with 100% employer match about $83,333 at 4% or $55,556 at 6%.
Richard L. Towe Profit Sharing Plan-12$1,894,476$80,000$6,667iApproximate average salary by contribution assumption: employee only about $166,667 at 4% or $111,111 at 6%; with 50% employer match about $111,111 at 4% or $74,074 at 6%; with 100% employer match about $83,333 at 4% or $55,556 at 6%.
2015112$1,758,522$80,000$6,667iApproximate average salary by contribution assumption: employee only about $166,667 at 4% or $111,111 at 6%; with 50% employer match about $111,111 at 4% or $74,074 at 6%; with 100% employer match about $83,333 at 4% or $55,556 at 6%.
Richard L. Towe Profit Sharing Plan-12$1,758,522$80,000$6,667iApproximate average salary by contribution assumption: employee only about $166,667 at 4% or $111,111 at 6%; with 50% employer match about $111,111 at 4% or $74,074 at 6%; with 100% employer match about $83,333 at 4% or $55,556 at 6%.
2014111$1,850,328$80,000$7,273iApproximate average salary by contribution assumption: employee only about $181,818 at 4% or $121,212 at 6%; with 50% employer match about $121,212 at 4% or $80,808 at 6%; with 100% employer match about $90,909 at 4% or $60,606 at 6%.
Richard L. Towe Profit Sharing Plan-11$1,850,328$80,000$7,273iApproximate average salary by contribution assumption: employee only about $181,818 at 4% or $121,212 at 6%; with 50% employer match about $121,212 at 4% or $80,808 at 6%; with 100% employer match about $90,909 at 4% or $60,606 at 6%.
2013111$1,692,351$78,000$7,091iApproximate average salary by contribution assumption: employee only about $177,273 at 4% or $118,182 at 6%; with 50% employer match about $118,182 at 4% or $78,788 at 6%; with 100% employer match about $88,636 at 4% or $59,091 at 6%.
Richard L. Towe Profit Sharing Plan-11$1,692,351$78,000$7,091iApproximate average salary by contribution assumption: employee only about $177,273 at 4% or $118,182 at 6%; with 50% employer match about $118,182 at 4% or $78,788 at 6%; with 100% employer match about $88,636 at 4% or $59,091 at 6%.
201219$1,443,375$114,839$12,760iApproximate average salary by contribution assumption: employee only about $318,997 at 4% or $212,665 at 6%; with 50% employer match about $212,665 at 4% or $141,777 at 6%; with 100% employer match about $159,499 at 4% or $106,332 at 6%.
Richard L. Towe Profit Sharing Plan-9$1,443,375$114,839$12,760iApproximate average salary by contribution assumption: employee only about $318,997 at 4% or $212,665 at 6%; with 50% employer match about $212,665 at 4% or $141,777 at 6%; with 100% employer match about $159,499 at 4% or $106,332 at 6%.
201118$1,208,715$97,018$12,127iApproximate average salary by contribution assumption: employee only about $303,181 at 4% or $202,121 at 6%; with 50% employer match about $202,121 at 4% or $134,747 at 6%; with 100% employer match about $151,591 at 4% or $101,060 at 6%.
Richard L. Towe Profit Sharing Plan-8$1,208,715$97,018$12,127iApproximate average salary by contribution assumption: employee only about $303,181 at 4% or $202,121 at 6%; with 50% employer match about $202,121 at 4% or $134,747 at 6%; with 100% employer match about $151,591 at 4% or $101,060 at 6%.
201018$1,110,052$96,387$12,048iApproximate average salary by contribution assumption: employee only about $301,209 at 4% or $200,806 at 6%; with 50% employer match about $200,806 at 4% or $133,871 at 6%; with 100% employer match about $150,605 at 4% or $100,403 at 6%.
Richard L. Towe Profit Sharing Plan-8$1,110,052$96,387$12,048iApproximate average salary by contribution assumption: employee only about $301,209 at 4% or $200,806 at 6%; with 50% employer match about $200,806 at 4% or $133,871 at 6%; with 100% employer match about $150,605 at 4% or $100,403 at 6%.
200918$938,571$92,385$11,548iApproximate average salary by contribution assumption: employee only about $288,703 at 4% or $192,469 at 6%; with 50% employer match about $192,469 at 4% or $128,313 at 6%; with 100% employer match about $144,352 at 4% or $96,234 at 6%.
Richard L. Towe Profit Sharing Plan-8$938,571$92,385$11,548iApproximate average salary by contribution assumption: employee only about $288,703 at 4% or $192,469 at 6%; with 50% employer match about $192,469 at 4% or $128,313 at 6%; with 100% employer match about $144,352 at 4% or $96,234 at 6%.
200819$733,367$90,452$10,050iApproximate average salary by contribution assumption: employee only about $251,256 at 4% or $167,504 at 6%; with 50% employer match about $167,504 at 4% or $111,669 at 6%; with 100% employer match about $125,628 at 4% or $83,752 at 6%.
Richard L. Towe Profit Sharing Plan-9$733,367$90,452$10,050iApproximate average salary by contribution assumption: employee only about $251,256 at 4% or $167,504 at 6%; with 50% employer match about $167,504 at 4% or $111,669 at 6%; with 100% employer match about $125,628 at 4% or $83,752 at 6%.
200719$880,137$85,869$9,541iApproximate average salary by contribution assumption: employee only about $238,525 at 4% or $159,017 at 6%; with 50% employer match about $159,017 at 4% or $106,011 at 6%; with 100% employer match about $119,263 at 4% or $79,508 at 6%.
Richard L. Towe Profit Sharing Plan-9$880,137$85,869$9,541iApproximate average salary by contribution assumption: employee only about $238,525 at 4% or $159,017 at 6%; with 50% employer match about $159,017 at 4% or $106,011 at 6%; with 100% employer match about $119,263 at 4% or $79,508 at 6%.
200617$740,161$72,571$10,367iApproximate average salary by contribution assumption: employee only about $259,182 at 4% or $172,788 at 6%; with 50% employer match about $172,788 at 4% or $115,192 at 6%; with 100% employer match about $129,591 at 4% or $86,394 at 6%.
Richard L. Towe Profit Sharing Plan-7$740,161$72,571$10,367iApproximate average salary by contribution assumption: employee only about $259,182 at 4% or $172,788 at 6%; with 50% employer match about $172,788 at 4% or $115,192 at 6%; with 100% employer match about $129,591 at 4% or $86,394 at 6%.
200518$626,104$82,042$10,255iApproximate average salary by contribution assumption: employee only about $256,381 at 4% or $170,921 at 6%; with 50% employer match about $170,921 at 4% or $113,947 at 6%; with 100% employer match about $128,191 at 4% or $85,460 at 6%.
Richard L. Towe Profit Sharing Plan-8$626,104$82,042$10,255iApproximate average salary by contribution assumption: employee only about $256,381 at 4% or $170,921 at 6%; with 50% employer match about $170,921 at 4% or $113,947 at 6%; with 100% employer match about $128,191 at 4% or $85,460 at 6%.
200419$553,369$86,161$9,573iApproximate average salary by contribution assumption: employee only about $239,336 at 4% or $159,557 at 6%; with 50% employer match about $159,557 at 4% or $106,372 at 6%; with 100% employer match about $119,668 at 4% or $79,779 at 6%.
Richard L. Towe Profit Sharing Plan-9$553,369$86,161$9,573iApproximate average salary by contribution assumption: employee only about $239,336 at 4% or $159,557 at 6%; with 50% employer match about $159,557 at 4% or $106,372 at 6%; with 100% employer match about $119,668 at 4% or $79,779 at 6%.
200319$417,861$80,079$8,898iApproximate average salary by contribution assumption: employee only about $222,442 at 4% or $148,294 at 6%; with 50% employer match about $148,294 at 4% or $98,863 at 6%; with 100% employer match about $111,221 at 4% or $74,147 at 6%.
Richard L. Towe Profit Sharing Plan-9$417,861$80,079$8,898iApproximate average salary by contribution assumption: employee only about $222,442 at 4% or $148,294 at 6%; with 50% employer match about $148,294 at 4% or $98,863 at 6%; with 100% employer match about $111,221 at 4% or $74,147 at 6%.
200219$277,814$80,299$8,922iApproximate average salary by contribution assumption: employee only about $223,053 at 4% or $148,702 at 6%; with 50% employer match about $148,702 at 4% or $99,135 at 6%; with 100% employer match about $111,526 at 4% or $74,351 at 6%.
Richard L. Towe Profit Sharing Plan-9$277,814$80,299$8,922iApproximate average salary by contribution assumption: employee only about $223,053 at 4% or $148,702 at 6%; with 50% employer match about $148,702 at 4% or $99,135 at 6%; with 100% employer match about $111,526 at 4% or $74,351 at 6%.
200118$0$0-
Richard L. Towe Profit Sharing Plan-8---
200019$179,831$54,459$6,051iApproximate average salary by contribution assumption: employee only about $151,275 at 4% or $100,850 at 6%; with 50% employer match about $100,850 at 4% or $67,233 at 6%; with 100% employer match about $75,638 at 4% or $50,425 at 6%.
Richard L. Towe Profit Sharing Plan-9$179,831$54,459$6,051iApproximate average salary by contribution assumption: employee only about $151,275 at 4% or $100,850 at 6%; with 50% employer match about $100,850 at 4% or $67,233 at 6%; with 100% employer match about $75,638 at 4% or $50,425 at 6%.