Civic Intelligence

Sawyer Insurance Inc.

Plan context: Sawyer Insurance Inc. Cash Balance Plan

EIN 71-0871344 • Mooresville, NC • 10 filings • 1 plans

107 Lightship DriveMooresville, NC 28117
Current Snapshot

Latest Year

2024

2024 Participants

5

2024 Assets

$808,008

2024 Contributions

$90,000

Historical Graphs

Total Assets Over Time

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

$808,008$404,004$0201520202024YearValue
$808,008Latest year 2024

Participants Over Time

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

840201520202024YearValue
5Latest 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
202415$808,008$90,000$18,000iApproximate average salary by contribution assumption: employee only about $450,000 at 4% or $300,000 at 6%; with 50% employer match about $300,000 at 4% or $200,000 at 6%; with 100% employer match about $225,000 at 4% or $150,000 at 6%.
Sawyer Insurance Inc. Cash Balance Plan-5$808,008$90,000$18,000iApproximate average salary by contribution assumption: employee only about $450,000 at 4% or $300,000 at 6%; with 50% employer match about $300,000 at 4% or $200,000 at 6%; with 100% employer match about $225,000 at 4% or $150,000 at 6%.
202315$712,096$90,000$18,000iApproximate average salary by contribution assumption: employee only about $450,000 at 4% or $300,000 at 6%; with 50% employer match about $300,000 at 4% or $200,000 at 6%; with 100% employer match about $225,000 at 4% or $150,000 at 6%.
Sawyer Insurance Inc. Cash Balance Plan-5$712,096$90,000$18,000iApproximate average salary by contribution assumption: employee only about $450,000 at 4% or $300,000 at 6%; with 50% employer match about $300,000 at 4% or $200,000 at 6%; with 100% employer match about $225,000 at 4% or $150,000 at 6%.
202217$633,908$100,000$14,286iApproximate average salary by contribution assumption: employee only about $357,143 at 4% or $238,095 at 6%; with 50% employer match about $238,095 at 4% or $158,730 at 6%; with 100% employer match about $178,571 at 4% or $119,048 at 6%.
Sawyer Insurance Inc. Cash Balance Plan-7$633,908$100,000$14,286iApproximate average salary by contribution assumption: employee only about $357,143 at 4% or $238,095 at 6%; with 50% employer match about $238,095 at 4% or $158,730 at 6%; with 100% employer match about $178,571 at 4% or $119,048 at 6%.
202117$523,181$80,000$11,429iApproximate average salary by contribution assumption: employee only about $285,714 at 4% or $190,476 at 6%; with 50% employer match about $190,476 at 4% or $126,984 at 6%; with 100% employer match about $142,857 at 4% or $95,238 at 6%.
Sawyer Insurance Inc. Cash Balance Plan-7$523,181$80,000$11,429iApproximate average salary by contribution assumption: employee only about $285,714 at 4% or $190,476 at 6%; with 50% employer match about $190,476 at 4% or $126,984 at 6%; with 100% employer match about $142,857 at 4% or $95,238 at 6%.
202018$533,311$104,929$13,116iApproximate average salary by contribution assumption: employee only about $327,903 at 4% or $218,602 at 6%; with 50% employer match about $218,602 at 4% or $145,735 at 6%; with 100% employer match about $163,952 at 4% or $109,301 at 6%.
Sawyer Insurance Inc. Cash Balance Plan-8$533,311$104,929$13,116iApproximate average salary by contribution assumption: employee only about $327,903 at 4% or $218,602 at 6%; with 50% employer match about $218,602 at 4% or $145,735 at 6%; with 100% employer match about $163,952 at 4% or $109,301 at 6%.
201918$417,124$88,221$11,028iApproximate average salary by contribution assumption: employee only about $275,691 at 4% or $183,794 at 6%; with 50% employer match about $183,794 at 4% or $122,529 at 6%; with 100% employer match about $137,845 at 4% or $91,897 at 6%.
Sawyer Insurance Inc. Cash Balance Plan-8$417,124$88,221$11,028iApproximate average salary by contribution assumption: employee only about $275,691 at 4% or $183,794 at 6%; with 50% employer match about $183,794 at 4% or $122,529 at 6%; with 100% employer match about $137,845 at 4% or $91,897 at 6%.
201816$316,004$85,177$14,196iApproximate average salary by contribution assumption: employee only about $354,904 at 4% or $236,603 at 6%; with 50% employer match about $236,603 at 4% or $157,735 at 6%; with 100% employer match about $177,452 at 4% or $118,301 at 6%.
Sawyer Insurance Inc. Cash Balance Plan-6$316,004$85,177$14,196iApproximate average salary by contribution assumption: employee only about $354,904 at 4% or $236,603 at 6%; with 50% employer match about $236,603 at 4% or $157,735 at 6%; with 100% employer match about $177,452 at 4% or $118,301 at 6%.
201715$233,710$103,087$20,617iApproximate average salary by contribution assumption: employee only about $515,435 at 4% or $343,623 at 6%; with 50% employer match about $343,623 at 4% or $229,082 at 6%; with 100% employer match about $257,718 at 4% or $171,812 at 6%.
Sawyer Insurance Inc. Cash Balance Plan-5$233,710$103,087$20,617iApproximate average salary by contribution assumption: employee only about $515,435 at 4% or $343,623 at 6%; with 50% employer match about $343,623 at 4% or $229,082 at 6%; with 100% employer match about $257,718 at 4% or $171,812 at 6%.
201615$132,905$72,018$14,404iApproximate average salary by contribution assumption: employee only about $360,090 at 4% or $240,060 at 6%; with 50% employer match about $240,060 at 4% or $160,040 at 6%; with 100% employer match about $180,045 at 4% or $120,030 at 6%.
Sawyer Insurance Inc. Cash Balance Plan-5$132,905$72,018$14,404iApproximate average salary by contribution assumption: employee only about $360,090 at 4% or $240,060 at 6%; with 50% employer match about $240,060 at 4% or $160,040 at 6%; with 100% employer match about $180,045 at 4% or $120,030 at 6%.
201515$75,667$75,667$15,133iApproximate average salary by contribution assumption: employee only about $378,335 at 4% or $252,223 at 6%; with 50% employer match about $252,223 at 4% or $168,149 at 6%; with 100% employer match about $189,168 at 4% or $126,112 at 6%.
Sawyer Insurance Inc. Cash Balance Plan-5$75,667$75,667$15,133iApproximate average salary by contribution assumption: employee only about $378,335 at 4% or $252,223 at 6%; with 50% employer match about $252,223 at 4% or $168,149 at 6%; with 100% employer match about $189,168 at 4% or $126,112 at 6%.