Civic Intelligence

Somers Lumber & Manufacturing Inc.

Plan context: SOMERS LUMBER & MANUFACTURING, INC. PROFIT SHARIN PLAN

EIN 56-0849143 • Union Grove, NC • 14 filings • 4 plans

Hghway 901, P.O. Box 87Union Grove, NC 28689
Current Snapshot

Latest Year

2011

2011 Participants

11

2011 Assets

$1,440,098

2011 Contributions

$7,849

Historical Graphs

Total Assets Over Time

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

$1,720,638$860,319$0199920052010YearValue
$1,440,098Latest year 2010

Participants Over Time

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

30150199920052010YearValue
11Latest year 2010

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
201110$0$7,849-
SOMERS LUMBER & MANUFACTURING, INC. PROFIT SHARIN PLAN-0$0$7,849-
2010111$1,440,098$10,681$971iApproximate average salary by contribution assumption: employee only about $24,275 at 4% or $16,183 at 6%; with 50% employer match about $16,183 at 4% or $10,789 at 6%; with 100% employer match about $12,138 at 4% or $8,092 at 6%.
SOMERS LUMBER & MANUFACTURING, INC. PROFIT SHARIN PLAN-11$1,440,098$10,681$971iApproximate average salary by contribution assumption: employee only about $24,275 at 4% or $16,183 at 6%; with 50% employer match about $16,183 at 4% or $10,789 at 6%; with 100% employer match about $12,138 at 4% or $8,092 at 6%.
2009116$1,720,638$17,859$1,116iApproximate average salary by contribution assumption: employee only about $27,905 at 4% or $18,603 at 6%; with 50% employer match about $18,603 at 4% or $12,402 at 6%; with 100% employer match about $13,952 at 4% or $9,302 at 6%.
SOMERS LUMBER & MANUFACTURING, INC. PROFIT SHARIN PLAN-16$1,720,638$17,859$1,116iApproximate average salary by contribution assumption: employee only about $27,905 at 4% or $18,603 at 6%; with 50% employer match about $18,603 at 4% or $12,402 at 6%; with 100% employer match about $13,952 at 4% or $9,302 at 6%.
2008119$1,483,457$64,837$3,412iApproximate average salary by contribution assumption: employee only about $85,312 at 4% or $56,875 at 6%; with 50% employer match about $56,875 at 4% or $37,916 at 6%; with 100% employer match about $42,656 at 4% or $28,437 at 6%.
SOMERS LUMBER & MANUFACTURING, INC. PROFIT SHARING PLAN-19$1,483,457$64,837$3,412iApproximate average salary by contribution assumption: employee only about $85,312 at 4% or $56,875 at 6%; with 50% employer match about $56,875 at 4% or $37,916 at 6%; with 100% employer match about $42,656 at 4% or $28,437 at 6%.
2007118$0$0-
Somers Lumber & Manufacturing Inc. Profit Sharing Plan-18---
2006112$1,589,781$76,260$6,355iApproximate average salary by contribution assumption: employee only about $158,875 at 4% or $105,917 at 6%; with 50% employer match about $105,917 at 4% or $70,611 at 6%; with 100% employer match about $79,438 at 4% or $52,958 at 6%.
Somers Lumber & Manufacturing Inc. Profit Sharing Plan-12$1,589,781$76,260$6,355iApproximate average salary by contribution assumption: employee only about $158,875 at 4% or $105,917 at 6%; with 50% employer match about $105,917 at 4% or $70,611 at 6%; with 100% employer match about $79,438 at 4% or $52,958 at 6%.
2005113$1,386,168$76,074$5,852iApproximate average salary by contribution assumption: employee only about $146,296 at 4% or $97,531 at 6%; with 50% employer match about $97,531 at 4% or $65,021 at 6%; with 100% employer match about $73,148 at 4% or $48,765 at 6%.
Somers Lumber & Manufacturing Inc. Profit Sharing Plan-13$1,386,168$76,074$5,852iApproximate average salary by contribution assumption: employee only about $146,296 at 4% or $97,531 at 6%; with 50% employer match about $97,531 at 4% or $65,021 at 6%; with 100% employer match about $73,148 at 4% or $48,765 at 6%.
2004115$1,328,791$80,883$5,392iApproximate average salary by contribution assumption: employee only about $134,805 at 4% or $89,870 at 6%; with 50% employer match about $89,870 at 4% or $59,913 at 6%; with 100% employer match about $67,403 at 4% or $44,935 at 6%.
Somers Lumber & Manufacturing Inc. Profit Sharing Plan-15$1,328,791$80,883$5,392iApproximate average salary by contribution assumption: employee only about $134,805 at 4% or $89,870 at 6%; with 50% employer match about $89,870 at 4% or $59,913 at 6%; with 100% employer match about $67,403 at 4% or $44,935 at 6%.
2003127$1,209,330$58,603$2,170iApproximate average salary by contribution assumption: employee only about $54,262 at 4% or $36,175 at 6%; with 50% employer match about $36,175 at 4% or $24,116 at 6%; with 100% employer match about $27,131 at 4% or $18,087 at 6%.
Somers Lumber & Manufacturing Inc. Profit Sharing Plan-27$1,209,330$58,603$2,170iApproximate average salary by contribution assumption: employee only about $54,262 at 4% or $36,175 at 6%; with 50% employer match about $36,175 at 4% or $24,116 at 6%; with 100% employer match about $27,131 at 4% or $18,087 at 6%.
2002223$1,023,945$13,817$601iApproximate average salary by contribution assumption: employee only about $15,018 at 4% or $10,012 at 6%; with 50% employer match about $10,012 at 4% or $6,675 at 6%; with 100% employer match about $7,509 at 4% or $5,006 at 6%.
Somers Lumber & Manufacturing Inc. Profit Sharing Plan-23$1,023,945$13,817$601iApproximate average salary by contribution assumption: employee only about $15,018 at 4% or $10,012 at 6%; with 50% employer match about $10,012 at 4% or $6,675 at 6%; with 100% employer match about $7,509 at 4% or $5,006 at 6%.
SOMERS LUMBER & MANUFACTURING, INC. FLEXIBLE COMPENSATION PLAN-0---
2001119$0$0-
Somers Lumber & Manufacturing Inc. Profit Sharing Plan-19---
2000123$1,312,551$0-
Somers Lumber & Manufacturing Inc. Profit Sharing Plan-23$1,312,551--
1999130$1,393,027$135,521$4,517iApproximate average salary by contribution assumption: employee only about $112,934 at 4% or $75,289 at 6%; with 50% employer match about $75,289 at 4% or $50,193 at 6%; with 100% employer match about $56,467 at 4% or $37,645 at 6%.
Somers Lumber & Manufacturing Inc. Profit Sharing Plan-30$1,393,027$135,521$4,517iApproximate average salary by contribution assumption: employee only about $112,934 at 4% or $75,289 at 6%; with 50% employer match about $75,289 at 4% or $50,193 at 6%; with 100% employer match about $56,467 at 4% or $37,645 at 6%.