Civic Intelligence

The Michael Phelps Foundation

Plan context: The Michael Phelps Foundation 401(K) Plan

EIN 61-1571538 • South Portland, ME • 9 filings • 1 plans

7 Ocean Street2nd FloorSouth Portland, ME 04106
Current Snapshot

Latest Year

2022

2022 Participants

2

2022 Assets

$94,287

2022 Contributions

$22,253

Historical Graphs

Total Assets Over Time

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

$94,287$47,144$0201420182022YearValue
$94,287Latest year 2022

Participants Over Time

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

210201420182022YearValue
2Latest year 2022

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
202212$94,287$22,253$11,127iApproximate average salary by contribution assumption: employee only about $278,163 at 4% or $185,442 at 6%; with 50% employer match about $185,442 at 4% or $123,628 at 6%; with 100% employer match about $139,081 at 4% or $92,721 at 6%.
The Michael Phelps Foundation 401(K) Plan-2$94,287$22,253$11,127iApproximate average salary by contribution assumption: employee only about $278,163 at 4% or $185,442 at 6%; with 50% employer match about $185,442 at 4% or $123,628 at 6%; with 100% employer match about $139,081 at 4% or $92,721 at 6%.
202112$78,080$14,705$7,353iApproximate average salary by contribution assumption: employee only about $183,813 at 4% or $122,542 at 6%; with 50% employer match about $122,542 at 4% or $81,694 at 6%; with 100% employer match about $91,906 at 4% or $61,271 at 6%.
The Michael Phelps Foundation 401(K) Plan-2$78,080$14,705$7,353iApproximate average salary by contribution assumption: employee only about $183,813 at 4% or $122,542 at 6%; with 50% employer match about $122,542 at 4% or $81,694 at 6%; with 100% employer match about $91,906 at 4% or $61,271 at 6%.
202012$52,769$12,130$6,065iApproximate average salary by contribution assumption: employee only about $151,625 at 4% or $101,083 at 6%; with 50% employer match about $101,083 at 4% or $67,389 at 6%; with 100% employer match about $75,813 at 4% or $50,542 at 6%.
The Michael Phelps Foundation 401(K) Plan-2$52,769$12,130$6,065iApproximate average salary by contribution assumption: employee only about $151,625 at 4% or $101,083 at 6%; with 50% employer match about $101,083 at 4% or $67,389 at 6%; with 100% employer match about $75,813 at 4% or $50,542 at 6%.
201912$32,537$5,626$2,813iApproximate average salary by contribution assumption: employee only about $70,325 at 4% or $46,883 at 6%; with 50% employer match about $46,883 at 4% or $31,256 at 6%; with 100% employer match about $35,163 at 4% or $23,442 at 6%.
The Michael Phelps Foundation 401(K) Plan-2$32,537$5,626$2,813iApproximate average salary by contribution assumption: employee only about $70,325 at 4% or $46,883 at 6%; with 50% employer match about $46,883 at 4% or $31,256 at 6%; with 100% employer match about $35,163 at 4% or $23,442 at 6%.
201811$20,197$1,510$1,510iApproximate average salary by contribution assumption: employee only about $37,750 at 4% or $25,167 at 6%; with 50% employer match about $25,167 at 4% or $16,778 at 6%; with 100% employer match about $18,875 at 4% or $12,583 at 6%.
The Michael Phelps Foundation 401(K) Plan-1$20,197$1,510$1,510iApproximate average salary by contribution assumption: employee only about $37,750 at 4% or $25,167 at 6%; with 50% employer match about $25,167 at 4% or $16,778 at 6%; with 100% employer match about $18,875 at 4% or $12,583 at 6%.
201712$38,810$2,717$1,359iApproximate average salary by contribution assumption: employee only about $33,963 at 4% or $22,642 at 6%; with 50% employer match about $22,642 at 4% or $15,094 at 6%; with 100% employer match about $16,981 at 4% or $11,321 at 6%.
The Michael Phelps Foundation 401(K) Plan-2$38,810$2,717$1,359iApproximate average salary by contribution assumption: employee only about $33,963 at 4% or $22,642 at 6%; with 50% employer match about $22,642 at 4% or $15,094 at 6%; with 100% employer match about $16,981 at 4% or $11,321 at 6%.
201612$29,916$1,554$777iApproximate average salary by contribution assumption: employee only about $19,425 at 4% or $12,950 at 6%; with 50% employer match about $12,950 at 4% or $8,633 at 6%; with 100% employer match about $9,713 at 4% or $6,475 at 6%.
The Michael Phelps Foundation 401(K) Plan-2$29,916$1,554$777iApproximate average salary by contribution assumption: employee only about $19,425 at 4% or $12,950 at 6%; with 50% employer match about $12,950 at 4% or $8,633 at 6%; with 100% employer match about $9,713 at 4% or $6,475 at 6%.
201512$26,175$4,006$2,003iApproximate average salary by contribution assumption: employee only about $50,075 at 4% or $33,383 at 6%; with 50% employer match about $33,383 at 4% or $22,256 at 6%; with 100% employer match about $25,038 at 4% or $16,692 at 6%.
The Michael Phelps Foundation 401(K) Plan-2$26,175$4,006$2,003iApproximate average salary by contribution assumption: employee only about $50,075 at 4% or $33,383 at 6%; with 50% employer match about $33,383 at 4% or $22,256 at 6%; with 100% employer match about $25,038 at 4% or $16,692 at 6%.
201412$22,300$22,441$11,221iApproximate average salary by contribution assumption: employee only about $280,513 at 4% or $187,008 at 6%; with 50% employer match about $187,008 at 4% or $124,672 at 6%; with 100% employer match about $140,256 at 4% or $93,504 at 6%.
The Michael Phelps Foundation 401(K) Plan-2$22,300$22,441$11,221iApproximate average salary by contribution assumption: employee only about $280,513 at 4% or $187,008 at 6%; with 50% employer match about $187,008 at 4% or $124,672 at 6%; with 100% employer match about $140,256 at 4% or $93,504 at 6%.