Cherry & Spencer, P.A.
Plan context: Cherry & Spencer, P.A. Profit Sharing Plan
EIN 65-0294654 • West Palm Beach, FL • 27 filings • 9 plans
Current Snapshot
Latest Year
2025
2025 Participants
6
2025 Assets
$1,421,071
2025 Contributions
$141,176
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2025 | 1 | 6 | $1,421,071 | $141,176 | $23,529iApproximate average salary by contribution assumption: employee only about $588,233 at 4% or $392,156 at 6%; with 50% employer match about $392,156 at 4% or $261,437 at 6%; with 100% employer match about $294,117 at 4% or $196,078 at 6%. |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 6 | $1,421,071 | $141,176 | $23,529iApproximate average salary by contribution assumption: employee only about $588,233 at 4% or $392,156 at 6%; with 50% employer match about $392,156 at 4% or $261,437 at 6%; with 100% employer match about $294,117 at 4% or $196,078 at 6%. |
| 2024 | 1 | 6 | $1,169,401 | $150,608 | $25,101iApproximate average salary by contribution assumption: employee only about $627,533 at 4% or $418,356 at 6%; with 50% employer match about $418,356 at 4% or $278,904 at 6%; with 100% employer match about $313,767 at 4% or $209,178 at 6%. |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 6 | $1,169,401 | $150,608 | $25,101iApproximate average salary by contribution assumption: employee only about $627,533 at 4% or $418,356 at 6%; with 50% employer match about $418,356 at 4% or $278,904 at 6%; with 100% employer match about $313,767 at 4% or $209,178 at 6%. |
| 2023 | 1 | 7 | $1,254,861 | $137,553 | $19,650iApproximate average salary by contribution assumption: employee only about $491,261 at 4% or $327,507 at 6%; with 50% employer match about $327,507 at 4% or $218,338 at 6%; with 100% employer match about $245,630 at 4% or $163,754 at 6%. |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 7 | $1,254,861 | $137,553 | $19,650iApproximate average salary by contribution assumption: employee only about $491,261 at 4% or $327,507 at 6%; with 50% employer match about $327,507 at 4% or $218,338 at 6%; with 100% employer match about $245,630 at 4% or $163,754 at 6%. |
| 2022 | 1 | 9 | $1,044,343 | $100,389 | $11,154iApproximate average salary by contribution assumption: employee only about $278,858 at 4% or $185,906 at 6%; with 50% employer match about $185,906 at 4% or $123,937 at 6%; with 100% employer match about $139,429 at 4% or $92,953 at 6%. |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 9 | $1,044,343 | $100,389 | $11,154iApproximate average salary by contribution assumption: employee only about $278,858 at 4% or $185,906 at 6%; with 50% employer match about $185,906 at 4% or $123,937 at 6%; with 100% employer match about $139,429 at 4% or $92,953 at 6%. |
| 2021 | 1 | 8 | $1,124,051 | $123,239 | $15,405iApproximate average salary by contribution assumption: employee only about $385,122 at 4% or $256,748 at 6%; with 50% employer match about $256,748 at 4% or $171,165 at 6%; with 100% employer match about $192,561 at 4% or $128,374 at 6%. |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 8 | $1,124,051 | $123,239 | $15,405iApproximate average salary by contribution assumption: employee only about $385,122 at 4% or $256,748 at 6%; with 50% employer match about $256,748 at 4% or $171,165 at 6%; with 100% employer match about $192,561 at 4% or $128,374 at 6%. |
| 2020 | 1 | 8 | $996,000 | $121,919 | $15,240iApproximate average salary by contribution assumption: employee only about $380,997 at 4% or $253,998 at 6%; with 50% employer match about $253,998 at 4% or $169,332 at 6%; with 100% employer match about $190,498 at 4% or $126,999 at 6%. |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 8 | $996,000 | $121,919 | $15,240iApproximate average salary by contribution assumption: employee only about $380,997 at 4% or $253,998 at 6%; with 50% employer match about $253,998 at 4% or $169,332 at 6%; with 100% employer match about $190,498 at 4% or $126,999 at 6%. |
| 2019 | 1 | 9 | $1,889,643 | $120,111 | $13,346iApproximate average salary by contribution assumption: employee only about $333,642 at 4% or $222,428 at 6%; with 50% employer match about $222,428 at 4% or $148,285 at 6%; with 100% employer match about $166,821 at 4% or $111,214 at 6%. |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 9 | $1,889,643 | $120,111 | $13,346iApproximate average salary by contribution assumption: employee only about $333,642 at 4% or $222,428 at 6%; with 50% employer match about $222,428 at 4% or $148,285 at 6%; with 100% employer match about $166,821 at 4% or $111,214 at 6%. |
| 2018 | 1 | 9 | $1,432,717 | $123,932 | $13,770iApproximate average salary by contribution assumption: employee only about $344,256 at 4% or $229,504 at 6%; with 50% employer match about $229,504 at 4% or $153,002 at 6%; with 100% employer match about $172,128 at 4% or $114,752 at 6%. |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 9 | $1,432,717 | $123,932 | $13,770iApproximate average salary by contribution assumption: employee only about $344,256 at 4% or $229,504 at 6%; with 50% employer match about $229,504 at 4% or $153,002 at 6%; with 100% employer match about $172,128 at 4% or $114,752 at 6%. |
| 2017 | 1 | 9 | $1,402,643 | $123,537 | $13,726iApproximate average salary by contribution assumption: employee only about $343,158 at 4% or $228,772 at 6%; with 50% employer match about $228,772 at 4% or $152,515 at 6%; with 100% employer match about $171,579 at 4% or $114,386 at 6%. |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 9 | $1,402,643 | $123,537 | $13,726iApproximate average salary by contribution assumption: employee only about $343,158 at 4% or $228,772 at 6%; with 50% employer match about $228,772 at 4% or $152,515 at 6%; with 100% employer match about $171,579 at 4% or $114,386 at 6%. |
| 2016 | 1 | 8 | $1,176,061 | $141,028 | $17,629iApproximate average salary by contribution assumption: employee only about $440,713 at 4% or $293,808 at 6%; with 50% employer match about $293,808 at 4% or $195,872 at 6%; with 100% employer match about $220,356 at 4% or $146,904 at 6%. |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 8 | $1,176,061 | $141,028 | $17,629iApproximate average salary by contribution assumption: employee only about $440,713 at 4% or $293,808 at 6%; with 50% employer match about $293,808 at 4% or $195,872 at 6%; with 100% employer match about $220,356 at 4% or $146,904 at 6%. |
| 2015 | 1 | 8 | $1,031,642 | $120,196 | $15,025iApproximate average salary by contribution assumption: employee only about $375,613 at 4% or $250,408 at 6%; with 50% employer match about $250,408 at 4% or $166,939 at 6%; with 100% employer match about $187,806 at 4% or $125,204 at 6%. |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 8 | $1,031,642 | $120,196 | $15,025iApproximate average salary by contribution assumption: employee only about $375,613 at 4% or $250,408 at 6%; with 50% employer match about $250,408 at 4% or $166,939 at 6%; with 100% employer match about $187,806 at 4% or $125,204 at 6%. |
| 2014 | 1 | 8 | $929,875 | $83,225 | $10,403iApproximate average salary by contribution assumption: employee only about $260,078 at 4% or $173,385 at 6%; with 50% employer match about $173,385 at 4% or $115,590 at 6%; with 100% employer match about $130,039 at 4% or $86,693 at 6%. |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 8 | $929,875 | $83,225 | $10,403iApproximate average salary by contribution assumption: employee only about $260,078 at 4% or $173,385 at 6%; with 50% employer match about $173,385 at 4% or $115,590 at 6%; with 100% employer match about $130,039 at 4% or $86,693 at 6%. |
| 2013 | 1 | 8 | $798,939 | $102,146 | $12,768iApproximate average salary by contribution assumption: employee only about $319,206 at 4% or $212,804 at 6%; with 50% employer match about $212,804 at 4% or $141,869 at 6%; with 100% employer match about $159,603 at 4% or $106,402 at 6%. |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 8 | $798,939 | $102,146 | $12,768iApproximate average salary by contribution assumption: employee only about $319,206 at 4% or $212,804 at 6%; with 50% employer match about $212,804 at 4% or $141,869 at 6%; with 100% employer match about $159,603 at 4% or $106,402 at 6%. |
| 2012 | 1 | 7 | $674,506 | $97,534 | $13,933iApproximate average salary by contribution assumption: employee only about $348,336 at 4% or $232,224 at 6%; with 50% employer match about $232,224 at 4% or $154,816 at 6%; with 100% employer match about $174,168 at 4% or $116,112 at 6%. |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 7 | $674,506 | $97,534 | $13,933iApproximate average salary by contribution assumption: employee only about $348,336 at 4% or $232,224 at 6%; with 50% employer match about $232,224 at 4% or $154,816 at 6%; with 100% employer match about $174,168 at 4% or $116,112 at 6%. |
| 2011 | 1 | 7 | $597,795 | $69,833 | $9,976iApproximate average salary by contribution assumption: employee only about $249,404 at 4% or $166,269 at 6%; with 50% employer match about $166,269 at 4% or $110,846 at 6%; with 100% employer match about $124,702 at 4% or $83,135 at 6%. |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 7 | $597,795 | $69,833 | $9,976iApproximate average salary by contribution assumption: employee only about $249,404 at 4% or $166,269 at 6%; with 50% employer match about $166,269 at 4% or $110,846 at 6%; with 100% employer match about $124,702 at 4% or $83,135 at 6%. |
| 2010 | 1 | 6 | $543,190 | $21,053 | $3,509iApproximate average salary by contribution assumption: employee only about $87,721 at 4% or $58,481 at 6%; with 50% employer match about $58,481 at 4% or $38,987 at 6%; with 100% employer match about $43,860 at 4% or $29,240 at 6%. |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 6 | $543,190 | $21,053 | $3,509iApproximate average salary by contribution assumption: employee only about $87,721 at 4% or $58,481 at 6%; with 50% employer match about $58,481 at 4% or $38,987 at 6%; with 100% employer match about $43,860 at 4% or $29,240 at 6%. |
| 2009 | 1 | 6 | $493,422 | $49,369 | $8,228iApproximate average salary by contribution assumption: employee only about $205,704 at 4% or $137,136 at 6%; with 50% employer match about $137,136 at 4% or $91,424 at 6%; with 100% employer match about $102,852 at 4% or $68,568 at 6%. |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 6 | $493,422 | $49,369 | $8,228iApproximate average salary by contribution assumption: employee only about $205,704 at 4% or $137,136 at 6%; with 50% employer match about $137,136 at 4% or $91,424 at 6%; with 100% employer match about $102,852 at 4% or $68,568 at 6%. |
| 2008 | 1 | 6 | $431,150 | $54,879 | $9,147iApproximate average salary by contribution assumption: employee only about $228,663 at 4% or $152,442 at 6%; with 50% employer match about $152,442 at 4% or $101,628 at 6%; with 100% employer match about $114,331 at 4% or $76,221 at 6%. |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 6 | $431,150 | $54,879 | $9,147iApproximate average salary by contribution assumption: employee only about $228,663 at 4% or $152,442 at 6%; with 50% employer match about $152,442 at 4% or $101,628 at 6%; with 100% employer match about $114,331 at 4% or $76,221 at 6%. |
| 2007 | 1 | 5 | $0 | $0 | - |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 5 | - | - | - |
| 2006 | 1 | 4 | $402,389 | $69,076 | $17,269iApproximate average salary by contribution assumption: employee only about $431,725 at 4% or $287,817 at 6%; with 50% employer match about $287,817 at 4% or $191,878 at 6%; with 100% employer match about $215,863 at 4% or $143,908 at 6%. |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 4 | $402,389 | $69,076 | $17,269iApproximate average salary by contribution assumption: employee only about $431,725 at 4% or $287,817 at 6%; with 50% employer match about $287,817 at 4% or $191,878 at 6%; with 100% employer match about $215,863 at 4% or $143,908 at 6%. |
| 2005 | 1 | 6 | $315,369 | $54,229 | $9,038iApproximate average salary by contribution assumption: employee only about $225,954 at 4% or $150,636 at 6%; with 50% employer match about $150,636 at 4% or $100,424 at 6%; with 100% employer match about $112,977 at 4% or $75,318 at 6%. |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 6 | $315,369 | $54,229 | $9,038iApproximate average salary by contribution assumption: employee only about $225,954 at 4% or $150,636 at 6%; with 50% employer match about $150,636 at 4% or $100,424 at 6%; with 100% employer match about $112,977 at 4% or $75,318 at 6%. |
| 2004 | 1 | 3 | $251,125 | $0 | - |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 3 | $251,125 | - | - |
| 2003 | 1 | 3 | $247,517 | $0 | - |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 3 | $247,517 | - | - |
| 2002 | 1 | 5 | $283,622 | $78,458 | $15,692iApproximate average salary by contribution assumption: employee only about $392,290 at 4% or $261,527 at 6%; with 50% employer match about $261,527 at 4% or $174,351 at 6%; with 100% employer match about $196,145 at 4% or $130,763 at 6%. |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 5 | $283,622 | $78,458 | $15,692iApproximate average salary by contribution assumption: employee only about $392,290 at 4% or $261,527 at 6%; with 50% employer match about $261,527 at 4% or $174,351 at 6%; with 100% employer match about $196,145 at 4% or $130,763 at 6%. |
| 2001 | 1 | 5 | $0 | $0 | - |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 5 | - | - | - |
| 2000 | 1 | 6 | $311,255 | $30,000 | $5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%. |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 6 | $311,255 | $30,000 | $5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%. |
| 1999 | 1 | 6 | $304,588 | $61,775 | $10,296iApproximate average salary by contribution assumption: employee only about $257,396 at 4% or $171,597 at 6%; with 50% employer match about $171,597 at 4% or $114,398 at 6%; with 100% employer match about $128,698 at 4% or $85,799 at 6%. |
| Cherry & Spencer, P.A. Profit Sharing Plan | - | 6 | $304,588 | $61,775 | $10,296iApproximate average salary by contribution assumption: employee only about $257,396 at 4% or $171,597 at 6%; with 50% employer match about $171,597 at 4% or $114,398 at 6%; with 100% employer match about $128,698 at 4% or $85,799 at 6%. |