Civic Intelligence

The Varma Group Inc

Plan context: The Varma Group Inc Profit Sharing Plan

EIN 65-0509855 • Kaysville, UT • 20 filings • 4 plans

PO Box 423Kaysville, UT 84037-0423
Current Snapshot

Latest Year

2020

2020 Participants

1

2020 Assets

$500,000

2020 Contributions

$40,000

Historical Graphs

Total Assets Over Time

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

$11,619,030$5,809,515$0200420132020YearValue
$500,000Latest year 2020

Participants Over Time

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

420200120112019YearValue
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
202010$500,000$0-
The Varma Group Inc Profit Sharing Plan-0$500,000--
201911$708,710$0-
The Varma Group Inc Profit Sharing Plan-1$708,710--
201812$771,541$0-
The Varma Group Inc Profit Sharing Plan-2$771,541--
201712$680,440$0-
The Varma Group Inc Profit Sharing Plan-2$680,440--
201612$766,253$0-
The Varma Group Inc Profit Sharing Plan-2$766,253--
201512$751,648$0-
The Varma Group Inc Profit Sharing Plan-2$751,648--
201412$764,965$0-
The Varma Group Inc Profit Sharing Plan-2$764,965--
201312$917,380$0-
The Varma Group Inc Profit Sharing Plan-2$917,380--
201212$1,042,031$0-
The Varma Group Inc Profit Sharing Plan-2$1,042,031--
201112$1,189,937$0-
The Varma Group Inc Profit Sharing Plan-2$1,189,937--
201012$1,783,822$0-
The Varma Group Inc Profit Sharing Plan-2$1,783,822--
200912$2,842,545$0-
The Varma Group Inc Profit Sharing Plan-2$2,842,545--
200812$0$0-
The Varma Group Inc Profit Sharing Plan-2---
200712$0$0-
The Varma Group Inc Profit Sharing Plan-2---
200622$11,619,030$40,000$20,000iApproximate average salary by contribution assumption: employee only about $500,000 at 4% or $333,333 at 6%; with 50% employer match about $333,333 at 4% or $222,222 at 6%; with 100% employer match about $250,000 at 4% or $166,667 at 6%.
The Varma Group Inc Profit Sharing Plan-2$11,619,030--
THE VARMA GROUP INC ESOP-0-$40,000-
200512$9,999,294$42,500$21,250iApproximate average salary by contribution assumption: employee only about $531,250 at 4% or $354,167 at 6%; with 50% employer match about $354,167 at 4% or $236,111 at 6%; with 100% employer match about $265,625 at 4% or $177,083 at 6%.
THE VARMA GROUP INC ESOP-2$9,999,294$42,500$21,250iApproximate average salary by contribution assumption: employee only about $531,250 at 4% or $354,167 at 6%; with 50% employer match about $354,167 at 4% or $236,111 at 6%; with 100% employer match about $265,625 at 4% or $177,083 at 6%.
200412$9,649,062$674,874$337,437iApproximate average salary by contribution assumption: employee only about $8,435,925 at 4% or $5,623,950 at 6%; with 50% employer match about $5,623,950 at 4% or $3,749,300 at 6%; with 100% employer match about $4,217,963 at 4% or $2,811,975 at 6%.
THE VARMA GROUP INC ESOP-2$9,649,062$674,874$337,437iApproximate average salary by contribution assumption: employee only about $8,435,925 at 4% or $5,623,950 at 6%; with 50% employer match about $5,623,950 at 4% or $3,749,300 at 6%; with 100% employer match about $4,217,963 at 4% or $2,811,975 at 6%.
200214$0$0-
THE VARMA GROUP INC EMPLOYEE STOCK OWNERSHIP PLAN-4---
200112$0$0-
THE VARMA GROUP INC EMPLOYEE STOCK OWNERSHIP PLAN-2---