Civic Intelligence

M. Lipsitz & Co. Inc.

Plan context: Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust

EIN 74-1474940 • Waco, TX • 50 filings • 5 plans

100 Elm StreetWaco, TX 76703
Current Snapshot

Latest Year

2024

2024 Participants

332

2024 Assets

$19,541,627

2024 Contributions

$977,188

Historical Graphs

Total Assets Over Time

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

$19,745,374$9,872,687$0199920122024YearValue
$19,541,627Latest year 2024

Participants Over Time

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

3491750199920122024YearValue
332Latest 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
20242332$19,541,627$977,188$2,943iApproximate average salary by contribution assumption: employee only about $73,583 at 4% or $49,056 at 6%; with 50% employer match about $49,056 at 4% or $32,704 at 6%; with 100% employer match about $36,792 at 4% or $24,528 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-234$19,541,627$977,188$4,176iApproximate average salary by contribution assumption: employee only about $104,400 at 4% or $69,600 at 6%; with 50% employer match about $69,600 at 4% or $46,400 at 6%; with 100% employer match about $52,200 at 4% or $34,800 at 6%.
M. Lipsitz & Co. Ltd Medical Plan-332---
20232299$17,928,167$1,128,265$3,773iApproximate average salary by contribution assumption: employee only about $94,337 at 4% or $62,891 at 6%; with 50% employer match about $62,891 at 4% or $41,927 at 6%; with 100% employer match about $47,168 at 4% or $31,446 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-242$17,928,167$1,128,265$4,662iApproximate average salary by contribution assumption: employee only about $116,556 at 4% or $77,704 at 6%; with 50% employer match about $77,704 at 4% or $51,803 at 6%; with 100% employer match about $58,278 at 4% or $38,852 at 6%.
M. Lipsitz & Co. Ltd Medical Plan-299---
20222288$16,903,952$1,225,081$4,254iApproximate average salary by contribution assumption: employee only about $106,344 at 4% or $70,896 at 6%; with 50% employer match about $70,896 at 4% or $47,264 at 6%; with 100% employer match about $53,172 at 4% or $35,448 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-229$16,903,952$1,225,081$5,350iApproximate average salary by contribution assumption: employee only about $133,742 at 4% or $89,162 at 6%; with 50% employer match about $89,162 at 4% or $59,441 at 6%; with 100% employer match about $66,871 at 4% or $44,581 at 6%.
M. Lipsitz & Co. Ltd Medical Plan-288---
20212304$19,745,374$1,004,314$3,304iApproximate average salary by contribution assumption: employee only about $82,592 at 4% or $55,061 at 6%; with 50% employer match about $55,061 at 4% or $36,707 at 6%; with 100% employer match about $41,296 at 4% or $27,531 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-226$19,745,374$1,004,314$4,444iApproximate average salary by contribution assumption: employee only about $111,097 at 4% or $74,064 at 6%; with 50% employer match about $74,064 at 4% or $49,376 at 6%; with 100% employer match about $55,548 at 4% or $37,032 at 6%.
M. Lipsitz & Co. Ltd Medical Plan-304---
20202281$18,661,526$619,585$2,205iApproximate average salary by contribution assumption: employee only about $55,123 at 4% or $36,749 at 6%; with 50% employer match about $36,749 at 4% or $24,499 at 6%; with 100% employer match about $27,562 at 4% or $18,374 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-234$18,661,526$619,585$2,648iApproximate average salary by contribution assumption: employee only about $66,195 at 4% or $44,130 at 6%; with 50% employer match about $44,130 at 4% or $29,420 at 6%; with 100% employer match about $33,097 at 4% or $22,065 at 6%.
M. Lipsitz & Co. Ltd Medical Plan-281---
20192278$16,885,734$590,611$2,125iApproximate average salary by contribution assumption: employee only about $53,113 at 4% or $35,408 at 6%; with 50% employer match about $35,408 at 4% or $23,606 at 6%; with 100% employer match about $26,556 at 4% or $17,704 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-230$16,885,734$590,611$2,568iApproximate average salary by contribution assumption: employee only about $64,197 at 4% or $42,798 at 6%; with 50% employer match about $42,798 at 4% or $28,532 at 6%; with 100% employer match about $32,098 at 4% or $21,399 at 6%.
M. Lipsitz & Co. Ltd Medical Plan-278---
20182284$14,402,105$830,075$2,923iApproximate average salary by contribution assumption: employee only about $73,070 at 4% or $48,713 at 6%; with 50% employer match about $48,713 at 4% or $32,476 at 6%; with 100% employer match about $36,535 at 4% or $24,357 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-220$14,402,105$830,075$3,773iApproximate average salary by contribution assumption: employee only about $94,327 at 4% or $62,884 at 6%; with 50% employer match about $62,884 at 4% or $41,923 at 6%; with 100% employer match about $47,163 at 4% or $31,442 at 6%.
M. Lipsitz & Co. Ltd Medical Plan-284---
20172301$14,982,450$668,039$2,219iApproximate average salary by contribution assumption: employee only about $55,485 at 4% or $36,990 at 6%; with 50% employer match about $36,990 at 4% or $24,660 at 6%; with 100% employer match about $27,742 at 4% or $18,495 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-227$14,982,450$668,039$2,943iApproximate average salary by contribution assumption: employee only about $73,573 at 4% or $49,048 at 6%; with 50% employer match about $49,048 at 4% or $32,699 at 6%; with 100% employer match about $36,786 at 4% or $24,524 at 6%.
M. Lipsitz & Co. Ltd Medical Plan-301---
20162283$13,380,300$474,414$1,676iApproximate average salary by contribution assumption: employee only about $41,909 at 4% or $27,940 at 6%; with 50% employer match about $27,940 at 4% or $18,626 at 6%; with 100% employer match about $20,955 at 4% or $13,970 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-232$13,380,300$474,414$2,045iApproximate average salary by contribution assumption: employee only about $51,122 at 4% or $34,081 at 6%; with 50% employer match about $34,081 at 4% or $22,721 at 6%; with 100% employer match about $25,561 at 4% or $17,041 at 6%.
M. Lipsitz & Co. Ltd Medical Plan-283---
20152279$13,814,035$618,625$2,217iApproximate average salary by contribution assumption: employee only about $55,432 at 4% or $36,955 at 6%; with 50% employer match about $36,955 at 4% or $24,637 at 6%; with 100% employer match about $27,716 at 4% or $18,477 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-233$13,814,035$618,625$2,655iApproximate average salary by contribution assumption: employee only about $66,376 at 4% or $44,251 at 6%; with 50% employer match about $44,251 at 4% or $29,500 at 6%; with 100% employer match about $33,188 at 4% or $22,125 at 6%.
M. Lipsitz & Co. Ltd Medical Plan-279---
20142285$13,928,257$775,629$2,722iApproximate average salary by contribution assumption: employee only about $68,038 at 4% or $45,358 at 6%; with 50% employer match about $45,358 at 4% or $30,239 at 6%; with 100% employer match about $34,019 at 4% or $22,679 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-247$13,928,257$775,629$3,140iApproximate average salary by contribution assumption: employee only about $78,505 at 4% or $52,337 at 6%; with 50% employer match about $52,337 at 4% or $34,891 at 6%; with 100% employer match about $39,252 at 4% or $26,168 at 6%.
M. Lipsitz & Co. Ltd Medical Plan-285---
20132305$13,306,222$620,917$2,036iApproximate average salary by contribution assumption: employee only about $50,895 at 4% or $33,930 at 6%; with 50% employer match about $33,930 at 4% or $22,620 at 6%; with 100% employer match about $25,447 at 4% or $16,965 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-305$13,306,222$620,917$2,036iApproximate average salary by contribution assumption: employee only about $50,895 at 4% or $33,930 at 6%; with 50% employer match about $33,930 at 4% or $22,620 at 6%; with 100% employer match about $25,447 at 4% or $16,965 at 6%.
M. Lipsitz & Co. Ltd Medical Plan-292---
20122315$12,162,259$860,851$2,733iApproximate average salary by contribution assumption: employee only about $68,322 at 4% or $45,548 at 6%; with 50% employer match about $45,548 at 4% or $30,365 at 6%; with 100% employer match about $34,161 at 4% or $22,774 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-303$12,162,259$860,851$2,841iApproximate average salary by contribution assumption: employee only about $71,027 at 4% or $47,352 at 6%; with 50% employer match about $47,352 at 4% or $31,568 at 6%; with 100% employer match about $35,514 at 4% or $23,676 at 6%.
M. Lipsitz & Co. Ltd Medical Plan-315---
20112319$10,614,038$1,312,989$4,116iApproximate average salary by contribution assumption: employee only about $102,899 at 4% or $68,599 at 6%; with 50% employer match about $68,599 at 4% or $45,733 at 6%; with 100% employer match about $51,449 at 4% or $34,300 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-238$10,614,038$1,312,989$5,517iApproximate average salary by contribution assumption: employee only about $137,919 at 4% or $91,946 at 6%; with 50% employer match about $91,946 at 4% or $61,297 at 6%; with 100% employer match about $68,960 at 4% or $45,973 at 6%.
M. Lipsitz & Co. Ltd Medical Plan-319---
20102307$10,015,965$1,171,391$3,816iApproximate average salary by contribution assumption: employee only about $95,390 at 4% or $63,593 at 6%; with 50% employer match about $63,593 at 4% or $42,396 at 6%; with 100% employer match about $47,695 at 4% or $31,797 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-243$10,015,965$1,171,391$4,821iApproximate average salary by contribution assumption: employee only about $120,513 at 4% or $80,342 at 6%; with 50% employer match about $80,342 at 4% or $53,562 at 6%; with 100% employer match about $60,257 at 4% or $40,171 at 6%.
M. Lipsitz & Co. Ltd Medical Plan-307---
20092281$8,851,693$924,983$3,292iApproximate average salary by contribution assumption: employee only about $82,294 at 4% or $54,863 at 6%; with 50% employer match about $54,863 at 4% or $36,575 at 6%; with 100% employer match about $41,147 at 4% or $27,431 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-243$8,851,693$924,983$3,807iApproximate average salary by contribution assumption: employee only about $95,163 at 4% or $63,442 at 6%; with 50% employer match about $63,442 at 4% or $42,295 at 6%; with 100% employer match about $47,581 at 4% or $31,721 at 6%.
M. Lipsitz & Co. Ltd Medical Plan-281---
20082238$7,792,766$1,329,175$5,585iApproximate average salary by contribution assumption: employee only about $139,619 at 4% or $93,079 at 6%; with 50% employer match about $93,079 at 4% or $62,053 at 6%; with 100% employer match about $69,810 at 4% or $46,540 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-238$7,792,766$1,329,175$5,585iApproximate average salary by contribution assumption: employee only about $139,619 at 4% or $93,079 at 6%; with 50% employer match about $93,079 at 4% or $62,053 at 6%; with 100% employer match about $69,810 at 4% or $46,540 at 6%.
M. Lipsitz & Co. Ltd Medical Plan-141---
20072349$8,549,166$1,207,196$3,459iApproximate average salary by contribution assumption: employee only about $86,475 at 4% or $57,650 at 6%; with 50% employer match about $57,650 at 4% or $38,433 at 6%; with 100% employer match about $43,238 at 4% or $28,825 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-261$8,549,166$1,207,196$4,625iApproximate average salary by contribution assumption: employee only about $115,632 at 4% or $77,088 at 6%; with 50% employer match about $77,088 at 4% or $51,392 at 6%; with 100% employer match about $57,816 at 4% or $38,544 at 6%.
M. Lipsitz & Co. Ltd Medical Plan-349---
20062339$7,210,703$1,122,984$3,313iApproximate average salary by contribution assumption: employee only about $82,816 at 4% or $55,211 at 6%; with 50% employer match about $55,211 at 4% or $36,807 at 6%; with 100% employer match about $41,408 at 4% or $27,605 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-268$7,210,703$1,122,984$4,190iApproximate average salary by contribution assumption: employee only about $104,756 at 4% or $69,837 at 6%; with 50% employer match about $69,837 at 4% or $46,558 at 6%; with 100% employer match about $52,378 at 4% or $34,919 at 6%.
M. Lipsitz & Co. Ltd Medical Plan-339---
20052322$5,935,949$672,871$2,090iApproximate average salary by contribution assumption: employee only about $52,242 at 4% or $34,828 at 6%; with 50% employer match about $34,828 at 4% or $23,218 at 6%; with 100% employer match about $26,121 at 4% or $17,414 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-247$5,935,949$672,871$2,724iApproximate average salary by contribution assumption: employee only about $68,104 at 4% or $45,403 at 6%; with 50% employer match about $45,403 at 4% or $30,269 at 6%; with 100% employer match about $34,052 at 4% or $22,701 at 6%.
M. Lipsitz & Co. Ltd Medical Plan-322---
20042316$5,213,471$502,000$1,589iApproximate average salary by contribution assumption: employee only about $39,715 at 4% or $26,477 at 6%; with 50% employer match about $26,477 at 4% or $17,651 at 6%; with 100% employer match about $19,858 at 4% or $13,238 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-222$5,213,471$502,000$2,261iApproximate average salary by contribution assumption: employee only about $56,532 at 4% or $37,688 at 6%; with 50% employer match about $37,688 at 4% or $25,125 at 6%; with 100% employer match about $28,266 at 4% or $18,844 at 6%.
M. Lipsitz & Co. Ltd Medical Plan-316---
20032290$4,885,695$298,478$1,029iApproximate average salary by contribution assumption: employee only about $25,731 at 4% or $17,154 at 6%; with 50% employer match about $17,154 at 4% or $11,436 at 6%; with 100% employer match about $12,865 at 4% or $8,577 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-199$4,885,695$298,478$1,500iApproximate average salary by contribution assumption: employee only about $37,497 at 4% or $24,998 at 6%; with 50% employer match about $24,998 at 4% or $16,665 at 6%; with 100% employer match about $18,749 at 4% or $12,499 at 6%.
M. Lipsitz & Co. Ltd Medical Plan-290---
20022269$4,525,756$200,662$746iApproximate average salary by contribution assumption: employee only about $18,649 at 4% or $12,433 at 6%; with 50% employer match about $12,433 at 4% or $8,288 at 6%; with 100% employer match about $9,324 at 4% or $6,216 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-193$4,525,756$200,662$1,040iApproximate average salary by contribution assumption: employee only about $25,992 at 4% or $17,328 at 6%; with 50% employer match about $17,328 at 4% or $11,552 at 6%; with 100% employer match about $12,996 at 4% or $8,664 at 6%.
M. Lipsitz & Co. Ltd Medical Plan-269---
20012196$4,530,169$104,124$531iApproximate average salary by contribution assumption: employee only about $13,281 at 4% or $8,854 at 6%; with 50% employer match about $8,854 at 4% or $5,903 at 6%; with 100% employer match about $6,641 at 4% or $4,427 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-196$4,530,169$104,124$531iApproximate average salary by contribution assumption: employee only about $13,281 at 4% or $8,854 at 6%; with 50% employer match about $8,854 at 4% or $5,903 at 6%; with 100% employer match about $6,641 at 4% or $4,427 at 6%.
M. Lipsitz & Co. Ltd Medical Plan-168---
20001184$4,518,424$136,797$743iApproximate average salary by contribution assumption: employee only about $18,587 at 4% or $12,391 at 6%; with 50% employer match about $12,391 at 4% or $8,261 at 6%; with 100% employer match about $9,293 at 4% or $6,196 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-184$4,518,424$136,797$743iApproximate average salary by contribution assumption: employee only about $18,587 at 4% or $12,391 at 6%; with 50% employer match about $12,391 at 4% or $8,261 at 6%; with 100% employer match about $9,293 at 4% or $6,196 at 6%.
19991184$4,543,288$251,197$1,365iApproximate average salary by contribution assumption: employee only about $34,130 at 4% or $22,753 at 6%; with 50% employer match about $22,753 at 4% or $15,169 at 6%; with 100% employer match about $17,065 at 4% or $11,377 at 6%.
Lipsitz Industries Inc. Employees Profit Sharing Plan and Trust-184$4,543,288$251,197$1,365iApproximate average salary by contribution assumption: employee only about $34,130 at 4% or $22,753 at 6%; with 50% employer match about $22,753 at 4% or $15,169 at 6%; with 100% employer match about $17,065 at 4% or $11,377 at 6%.