Civic Intelligence

Platinum Services Inc.

Plan context: PLATINUM SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST

EIN 74-3152470 • Baltimore, MD • 21 filings • 2 plans

800 Gusryan StreetBaltimore, MD 21224
Current Snapshot

Latest Year

2024

2024 Participants

6

2024 Assets

$1,389,334

2024 Contributions

$32,847

Historical Graphs

Total Assets Over Time

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

$4,708,848$2,354,424$0201420192024YearValue
$1,389,334Latest year 2024

Participants Over Time

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

840201420192024YearValue
6Latest 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
202416$1,389,334$32,847$5,475iApproximate average salary by contribution assumption: employee only about $136,863 at 4% or $91,242 at 6%; with 50% employer match about $91,242 at 4% or $60,828 at 6%; with 100% employer match about $68,431 at 4% or $45,621 at 6%.
PLATINUM SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST-6$1,389,334$32,847$5,475iApproximate average salary by contribution assumption: employee only about $136,863 at 4% or $91,242 at 6%; with 50% employer match about $91,242 at 4% or $60,828 at 6%; with 100% employer match about $68,431 at 4% or $45,621 at 6%.
202327$1,994,866$33,675$4,811iApproximate average salary by contribution assumption: employee only about $120,268 at 4% or $80,179 at 6%; with 50% employer match about $80,179 at 4% or $53,452 at 6%; with 100% employer match about $60,134 at 4% or $40,089 at 6%.
PLATINUM SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST-7$1,994,866$33,675$4,811iApproximate average salary by contribution assumption: employee only about $120,268 at 4% or $80,179 at 6%; with 50% employer match about $80,179 at 4% or $53,452 at 6%; with 100% employer match about $60,134 at 4% or $40,089 at 6%.
Platinum Services Inc. Cash Balance Plan-0$0--
202227$3,943,672$107,402$15,343iApproximate average salary by contribution assumption: employee only about $383,579 at 4% or $255,719 at 6%; with 50% employer match about $255,719 at 4% or $170,479 at 6%; with 100% employer match about $191,789 at 4% or $127,860 at 6%.
Platinum Services Inc. Cash Balance Plan-6$2,196,002--
PLATINUM SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST-7$1,747,670$107,402$15,343iApproximate average salary by contribution assumption: employee only about $383,579 at 4% or $255,719 at 6%; with 50% employer match about $255,719 at 4% or $170,479 at 6%; with 100% employer match about $191,789 at 4% or $127,860 at 6%.
202128$4,708,848$332,000$41,500iApproximate average salary by contribution assumption: employee only about $1,037,500 at 4% or $691,667 at 6%; with 50% employer match about $691,667 at 4% or $461,111 at 6%; with 100% employer match about $518,750 at 4% or $345,833 at 6%.
Platinum Services Inc. Cash Balance Plan-6$2,742,115$230,000$38,333iApproximate average salary by contribution assumption: employee only about $958,333 at 4% or $638,889 at 6%; with 50% employer match about $638,889 at 4% or $425,926 at 6%; with 100% employer match about $479,167 at 4% or $319,444 at 6%.
PLATINUM SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST-8$1,966,733$102,000$12,750iApproximate average salary by contribution assumption: employee only about $318,750 at 4% or $212,500 at 6%; with 50% employer match about $212,500 at 4% or $141,667 at 6%; with 100% employer match about $159,375 at 4% or $106,250 at 6%.
202027$3,896,655$226,001$32,286iApproximate average salary by contribution assumption: employee only about $807,146 at 4% or $538,098 at 6%; with 50% employer match about $538,098 at 4% or $358,732 at 6%; with 100% employer match about $403,573 at 4% or $269,049 at 6%.
Platinum Services Inc. Cash Balance Plan-6$2,244,802$100,000$16,667iApproximate average salary by contribution assumption: employee only about $416,667 at 4% or $277,778 at 6%; with 50% employer match about $277,778 at 4% or $185,185 at 6%; with 100% employer match about $208,333 at 4% or $138,889 at 6%.
PLATINUM SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST-7$1,651,853$126,001$18,000iApproximate average salary by contribution assumption: employee only about $450,004 at 4% or $300,002 at 6%; with 50% employer match about $300,002 at 4% or $200,002 at 6%; with 100% employer match about $225,002 at 4% or $150,001 at 6%.
201926$3,391,037$233,841$38,974iApproximate average salary by contribution assumption: employee only about $974,338 at 4% or $649,558 at 6%; with 50% employer match about $649,558 at 4% or $433,039 at 6%; with 100% employer match about $487,169 at 4% or $324,779 at 6%.
Platinum Services Inc. Cash Balance Plan-6$2,057,237$100,000$16,667iApproximate average salary by contribution assumption: employee only about $416,667 at 4% or $277,778 at 6%; with 50% employer match about $277,778 at 4% or $185,185 at 6%; with 100% employer match about $208,333 at 4% or $138,889 at 6%.
PLATINUM SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST-6$1,333,800$133,841$22,307iApproximate average salary by contribution assumption: employee only about $557,671 at 4% or $371,781 at 6%; with 50% employer match about $371,781 at 4% or $247,854 at 6%; with 100% employer match about $278,835 at 4% or $185,890 at 6%.
201826$2,717,975$141,197$23,533iApproximate average salary by contribution assumption: employee only about $588,321 at 4% or $392,214 at 6%; with 50% employer match about $392,214 at 4% or $261,476 at 6%; with 100% employer match about $294,160 at 4% or $196,107 at 6%.
Platinum Services Inc. Cash Balance Plan-6$1,699,023--
PLATINUM SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST-5$1,018,952$141,197$28,239iApproximate average salary by contribution assumption: employee only about $705,985 at 4% or $470,657 at 6%; with 50% employer match about $470,657 at 4% or $313,771 at 6%; with 100% employer match about $352,993 at 4% or $235,328 at 6%.
201725$2,676,830$595,540$119,108iApproximate average salary by contribution assumption: employee only about $2,977,700 at 4% or $1,985,133 at 6%; with 50% employer match about $1,985,133 at 4% or $1,323,422 at 6%; with 100% employer match about $1,488,850 at 4% or $992,567 at 6%.
Platinum Services Inc. Cash Balance Plan-5$1,723,572$449,981$89,996iApproximate average salary by contribution assumption: employee only about $2,249,905 at 4% or $1,499,937 at 6%; with 50% employer match about $1,499,937 at 4% or $999,958 at 6%; with 100% employer match about $1,124,953 at 4% or $749,968 at 6%.
PLATINUM SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST-5$953,258$145,559$29,112iApproximate average salary by contribution assumption: employee only about $727,795 at 4% or $485,197 at 6%; with 50% employer match about $485,197 at 4% or $323,464 at 6%; with 100% employer match about $363,898 at 4% or $242,598 at 6%.
201624$1,871,845$862,241$215,560iApproximate average salary by contribution assumption: employee only about $5,389,006 at 4% or $3,592,671 at 6%; with 50% employer match about $3,592,671 at 4% or $2,395,114 at 6%; with 100% employer match about $2,694,503 at 4% or $1,796,335 at 6%.
Platinum Services Inc. Cash Balance Plan-4$1,160,370$429,863$107,466iApproximate average salary by contribution assumption: employee only about $2,686,644 at 4% or $1,791,096 at 6%; with 50% employer match about $1,791,096 at 4% or $1,194,064 at 6%; with 100% employer match about $1,343,322 at 4% or $895,548 at 6%.
PLATINUM SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST-4$711,475$432,378$108,095iApproximate average salary by contribution assumption: employee only about $2,702,363 at 4% or $1,801,575 at 6%; with 50% employer match about $1,801,575 at 4% or $1,201,050 at 6%; with 100% employer match about $1,351,181 at 4% or $900,788 at 6%.
201524$884,916$586,792$146,698iApproximate average salary by contribution assumption: employee only about $3,667,450 at 4% or $2,444,967 at 6%; with 50% employer match about $2,444,967 at 4% or $1,629,978 at 6%; with 100% employer match about $1,833,725 at 4% or $1,222,483 at 6%.
Platinum Services Inc. Cash Balance Plan-4$671,803$419,006$104,752iApproximate average salary by contribution assumption: employee only about $2,618,788 at 4% or $1,745,858 at 6%; with 50% employer match about $1,745,858 at 4% or $1,163,906 at 6%; with 100% employer match about $1,309,394 at 4% or $872,929 at 6%.
PLATINUM SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST-4$213,113$167,786$41,947iApproximate average salary by contribution assumption: employee only about $1,048,663 at 4% or $699,108 at 6%; with 50% employer match about $699,108 at 4% or $466,072 at 6%; with 100% employer match about $524,331 at 4% or $349,554 at 6%.
201424$300,555$300,555$75,139iApproximate average salary by contribution assumption: employee only about $1,878,469 at 4% or $1,252,313 at 6%; with 50% employer match about $1,252,313 at 4% or $834,875 at 6%; with 100% employer match about $939,234 at 4% or $626,156 at 6%.
Platinum Services Inc. Cash Balance Plan-4$253,000$253,000$63,250iApproximate average salary by contribution assumption: employee only about $1,581,250 at 4% or $1,054,167 at 6%; with 50% employer match about $1,054,167 at 4% or $702,778 at 6%; with 100% employer match about $790,625 at 4% or $527,083 at 6%.
PLATINUM SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST-2$47,555$47,555$23,778iApproximate average salary by contribution assumption: employee only about $594,438 at 4% or $396,292 at 6%; with 50% employer match about $396,292 at 4% or $264,194 at 6%; with 100% employer match about $297,219 at 4% or $198,146 at 6%.