First Rate Inc.
Plan context: First Rate Inc. Profit Sharing Plan (With 401(K) Safe Harbor Provisions)
EIN 75-2391523 • 23 filings • 4 plans
Current Snapshot
Latest Year
2024
2024 Participants
91
2024 Assets
$31,854,073
2024 Contributions
$2,440,443
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 |
|---|---|---|---|---|---|
| 2024 | 1 | 91 | $31,854,073 | $2,440,443 | $26,818iApproximate average salary by contribution assumption: employee only about $670,451 at 4% or $446,968 at 6%; with 50% employer match about $446,968 at 4% or $297,978 at 6%; with 100% employer match about $335,226 at 4% or $223,484 at 6%. |
| First Rate Inc. Profit Sharing Plan (With 401(K) Safe Harbor Provisions) | - | 91 | $31,854,073 | $2,440,443 | $26,818iApproximate average salary by contribution assumption: employee only about $670,451 at 4% or $446,968 at 6%; with 50% employer match about $446,968 at 4% or $297,978 at 6%; with 100% employer match about $335,226 at 4% or $223,484 at 6%. |
| 2023 | 1 | 78 | $28,941,956 | $1,845,386 | $23,659iApproximate average salary by contribution assumption: employee only about $591,470 at 4% or $394,313 at 6%; with 50% employer match about $394,313 at 4% or $262,875 at 6%; with 100% employer match about $295,735 at 4% or $197,157 at 6%. |
| First Rate Inc. Profit Sharing Plan (With 401(K) Safe Harbor Provisions) | - | 78 | $28,941,956 | $1,845,386 | $23,659iApproximate average salary by contribution assumption: employee only about $591,470 at 4% or $394,313 at 6%; with 50% employer match about $394,313 at 4% or $262,875 at 6%; with 100% employer match about $295,735 at 4% or $197,157 at 6%. |
| 2022 | 1 | 68 | $25,774,909 | $1,716,725 | $25,246iApproximate average salary by contribution assumption: employee only about $631,149 at 4% or $420,766 at 6%; with 50% employer match about $420,766 at 4% or $280,511 at 6%; with 100% employer match about $315,574 at 4% or $210,383 at 6%. |
| First Rate Inc. Profit Sharing Plan (With 401(K) Safe Harbor Provisions) | - | 68 | $25,774,909 | $1,716,725 | $25,246iApproximate average salary by contribution assumption: employee only about $631,149 at 4% or $420,766 at 6%; with 50% employer match about $420,766 at 4% or $280,511 at 6%; with 100% employer match about $315,574 at 4% or $210,383 at 6%. |
| 2021 | 1 | 74 | $31,477,501 | $1,700,107 | $22,974iApproximate average salary by contribution assumption: employee only about $574,360 at 4% or $382,907 at 6%; with 50% employer match about $382,907 at 4% or $255,271 at 6%; with 100% employer match about $287,180 at 4% or $191,453 at 6%. |
| First Rate Inc. Profit Sharing Plan (With 401(K) Safe Harbor Provisions) | - | 74 | $31,477,501 | $1,700,107 | $22,974iApproximate average salary by contribution assumption: employee only about $574,360 at 4% or $382,907 at 6%; with 50% employer match about $382,907 at 4% or $255,271 at 6%; with 100% employer match about $287,180 at 4% or $191,453 at 6%. |
| 2020 | 1 | 85 | $29,904,072 | $1,881,198 | $22,132iApproximate average salary by contribution assumption: employee only about $553,294 at 4% or $368,862 at 6%; with 50% employer match about $368,862 at 4% or $245,908 at 6%; with 100% employer match about $276,647 at 4% or $184,431 at 6%. |
| First Rate Inc. Profit Sharing Plan (With 401(K) Safe Harbor Provisions) | - | 85 | $29,904,072 | $1,881,198 | $22,132iApproximate average salary by contribution assumption: employee only about $553,294 at 4% or $368,862 at 6%; with 50% employer match about $368,862 at 4% or $245,908 at 6%; with 100% employer match about $276,647 at 4% or $184,431 at 6%. |
| 2019 | 1 | 85 | $26,321,010 | $1,738,123 | $20,449iApproximate average salary by contribution assumption: employee only about $511,213 at 4% or $340,808 at 6%; with 50% employer match about $340,808 at 4% or $227,206 at 6%; with 100% employer match about $255,606 at 4% or $170,404 at 6%. |
| First Rate Inc. Profit Sharing Plan (With 401(K) Safe Harbor Provisions) | - | 85 | $26,321,010 | $1,738,123 | $20,449iApproximate average salary by contribution assumption: employee only about $511,213 at 4% or $340,808 at 6%; with 50% employer match about $340,808 at 4% or $227,206 at 6%; with 100% employer match about $255,606 at 4% or $170,404 at 6%. |
| 2018 | 1 | 93 | $21,420,634 | $2,135,102 | $22,958iApproximate average salary by contribution assumption: employee only about $573,952 at 4% or $382,635 at 6%; with 50% employer match about $382,635 at 4% or $255,090 at 6%; with 100% employer match about $286,976 at 4% or $191,317 at 6%. |
| First Rate Inc. Profit Sharing Plan (With 401(K) Safe Harbor Provisions) | - | 93 | $21,420,634 | $2,135,102 | $22,958iApproximate average salary by contribution assumption: employee only about $573,952 at 4% or $382,635 at 6%; with 50% employer match about $382,635 at 4% or $255,090 at 6%; with 100% employer match about $286,976 at 4% or $191,317 at 6%. |
| 2017 | 1 | 93 | $23,133,751 | $2,225,690 | $23,932iApproximate average salary by contribution assumption: employee only about $598,304 at 4% or $398,869 at 6%; with 50% employer match about $398,869 at 4% or $265,913 at 6%; with 100% employer match about $299,152 at 4% or $199,435 at 6%. |
| First Rate Inc. Profit Sharing Plan (With 401(K) Safe Harbor Provisions) | - | 93 | $23,133,751 | $2,225,690 | $23,932iApproximate average salary by contribution assumption: employee only about $598,304 at 4% or $398,869 at 6%; with 50% employer match about $398,869 at 4% or $265,913 at 6%; with 100% employer match about $299,152 at 4% or $199,435 at 6%. |
| 2016 | 1 | 95 | $20,012,303 | $2,124,280 | $22,361iApproximate average salary by contribution assumption: employee only about $559,021 at 4% or $372,681 at 6%; with 50% employer match about $372,681 at 4% or $248,454 at 6%; with 100% employer match about $279,511 at 4% or $186,340 at 6%. |
| First Rate Inc. Profit Sharing Plan (With 401(K) Safe Harbor Provisions) | - | 95 | $20,012,303 | $2,124,280 | $22,361iApproximate average salary by contribution assumption: employee only about $559,021 at 4% or $372,681 at 6%; with 50% employer match about $372,681 at 4% or $248,454 at 6%; with 100% employer match about $279,511 at 4% or $186,340 at 6%. |
| 2015 | 1 | 92 | $17,601,040 | $2,002,791 | $21,769iApproximate average salary by contribution assumption: employee only about $544,237 at 4% or $362,824 at 6%; with 50% employer match about $362,824 at 4% or $241,883 at 6%; with 100% employer match about $272,118 at 4% or $181,412 at 6%. |
| First Rate Inc. Profit Sharing Plan (With 401(K) Safe Harbor Provisions) | - | 92 | $17,601,040 | $2,002,791 | $21,769iApproximate average salary by contribution assumption: employee only about $544,237 at 4% or $362,824 at 6%; with 50% employer match about $362,824 at 4% or $241,883 at 6%; with 100% employer match about $272,118 at 4% or $181,412 at 6%. |
| 2014 | 1 | 89 | $16,613,449 | $1,624,121 | $18,249iApproximate average salary by contribution assumption: employee only about $456,214 at 4% or $304,143 at 6%; with 50% employer match about $304,143 at 4% or $202,762 at 6%; with 100% employer match about $228,107 at 4% or $152,071 at 6%. |
| First Rate Inc. Profit Sharing Plan (With 401(K) Safe Harbor Provisions) | - | 89 | $16,613,449 | $1,624,121 | $18,249iApproximate average salary by contribution assumption: employee only about $456,214 at 4% or $304,143 at 6%; with 50% employer match about $304,143 at 4% or $202,762 at 6%; with 100% employer match about $228,107 at 4% or $152,071 at 6%. |
| 2013 | 1 | 82 | $15,653,193 | $1,475,916 | $17,999iApproximate average salary by contribution assumption: employee only about $449,974 at 4% or $299,983 at 6%; with 50% employer match about $299,983 at 4% or $199,989 at 6%; with 100% employer match about $224,987 at 4% or $149,991 at 6%. |
| First Rate Inc. Profit Sharing Plan (With 401(K) Safe Harbor Provisions) | - | 82 | $15,653,193 | $1,475,916 | $17,999iApproximate average salary by contribution assumption: employee only about $449,974 at 4% or $299,983 at 6%; with 50% employer match about $299,983 at 4% or $199,989 at 6%; with 100% employer match about $224,987 at 4% or $149,991 at 6%. |
| 2012 | 1 | 78 | $12,255,994 | $1,241,372 | $15,915iApproximate average salary by contribution assumption: employee only about $397,876 at 4% or $265,250 at 6%; with 50% employer match about $265,250 at 4% or $176,834 at 6%; with 100% employer match about $198,938 at 4% or $132,625 at 6%. |
| First Rate Inc. Profit Sharing Plan (With 401(K) Safe Harbor Provisions) | - | 78 | $12,255,994 | $1,241,372 | $15,915iApproximate average salary by contribution assumption: employee only about $397,876 at 4% or $265,250 at 6%; with 50% employer match about $265,250 at 4% or $176,834 at 6%; with 100% employer match about $198,938 at 4% or $132,625 at 6%. |
| 2011 | 1 | 79 | $10,182,130 | $1,162,573 | $14,716iApproximate average salary by contribution assumption: employee only about $367,903 at 4% or $245,269 at 6%; with 50% employer match about $245,269 at 4% or $163,512 at 6%; with 100% employer match about $183,951 at 4% or $122,634 at 6%. |
| First Rate Inc. Profit Sharing Plan (With 401(K) Safe Harbor Provisions) | - | 79 | $10,182,130 | $1,162,573 | $14,716iApproximate average salary by contribution assumption: employee only about $367,903 at 4% or $245,269 at 6%; with 50% employer match about $245,269 at 4% or $163,512 at 6%; with 100% employer match about $183,951 at 4% or $122,634 at 6%. |
| 2010 | 1 | 83 | $9,450,154 | $1,111,271 | $13,389iApproximate average salary by contribution assumption: employee only about $334,720 at 4% or $223,147 at 6%; with 50% employer match about $223,147 at 4% or $148,765 at 6%; with 100% employer match about $167,360 at 4% or $111,573 at 6%. |
| First Rate Inc. Profit Sharing Plan (With 401(K) Safe Harbor Provisions) | - | 83 | $9,450,154 | $1,111,271 | $13,389iApproximate average salary by contribution assumption: employee only about $334,720 at 4% or $223,147 at 6%; with 50% employer match about $223,147 at 4% or $148,765 at 6%; with 100% employer match about $167,360 at 4% or $111,573 at 6%. |
| 2009 | 1 | 79 | $8,479,224 | $1,348,366 | $17,068iApproximate average salary by contribution assumption: employee only about $426,698 at 4% or $284,465 at 6%; with 50% employer match about $284,465 at 4% or $189,644 at 6%; with 100% employer match about $213,349 at 4% or $142,233 at 6%. |
| First Rate Inc. Profit Sharing Plan (With 401(K) Safe Harbor Provisions) | - | 79 | $8,479,224 | $1,348,366 | $17,068iApproximate average salary by contribution assumption: employee only about $426,698 at 4% or $284,465 at 6%; with 50% employer match about $284,465 at 4% or $189,644 at 6%; with 100% employer match about $213,349 at 4% or $142,233 at 6%. |
| 2008 | 1 | 74 | $0 | $0 | - |
| First Rate Inc. Profit Sharing Plan (With 401(K) Safe Harbor Provisions) | - | 74 | - | - | - |
| 2007 | 1 | 66 | $0 | $0 | - |
| First Rate Inc. Profit Sharing Plan (With 401(K) Safe Harbor Provisions) | - | 66 | - | - | - |
| 2006 | 1 | 59 | $4,755,448 | $949,635 | $16,096iApproximate average salary by contribution assumption: employee only about $402,388 at 4% or $268,258 at 6%; with 50% employer match about $268,258 at 4% or $178,839 at 6%; with 100% employer match about $201,194 at 4% or $134,129 at 6%. |
| First Rate Inc. Profit Sharing Plan (With 401(K) Safe Harbor Provisions) | - | 59 | $4,755,448 | $949,635 | $16,096iApproximate average salary by contribution assumption: employee only about $402,388 at 4% or $268,258 at 6%; with 50% employer match about $268,258 at 4% or $178,839 at 6%; with 100% employer match about $201,194 at 4% or $134,129 at 6%. |
| 2005 | 1 | 52 | $3,529,743 | $990,352 | $19,045iApproximate average salary by contribution assumption: employee only about $476,131 at 4% or $317,421 at 6%; with 50% employer match about $317,421 at 4% or $211,614 at 6%; with 100% employer match about $238,065 at 4% or $158,710 at 6%. |
| First Rate Inc. Profit Sharing Plan (With 401(K) Safe Harbor Provisions) | - | 52 | $3,529,743 | $990,352 | $19,045iApproximate average salary by contribution assumption: employee only about $476,131 at 4% or $317,421 at 6%; with 50% employer match about $317,421 at 4% or $211,614 at 6%; with 100% employer match about $238,065 at 4% or $158,710 at 6%. |
| 2004 | 1 | 47 | $2,440,039 | $757,850 | $16,124iApproximate average salary by contribution assumption: employee only about $403,112 at 4% or $268,741 at 6%; with 50% employer match about $268,741 at 4% or $179,161 at 6%; with 100% employer match about $201,556 at 4% or $134,371 at 6%. |
| First Rate Inc. Profit Sharing Plan (With 401(K) Safe Harbor Provisions) | - | 47 | $2,440,039 | $757,850 | $16,124iApproximate average salary by contribution assumption: employee only about $403,112 at 4% or $268,741 at 6%; with 50% employer match about $268,741 at 4% or $179,161 at 6%; with 100% employer match about $201,556 at 4% or $134,371 at 6%. |
| 2003 | 1 | 48 | $1,579,563 | $846,740 | $17,640iApproximate average salary by contribution assumption: employee only about $441,010 at 4% or $294,007 at 6%; with 50% employer match about $294,007 at 4% or $196,005 at 6%; with 100% employer match about $220,505 at 4% or $147,003 at 6%. |
| First Rate Inc. Profit Sharing Plan (With 401(K) Safe Harbor Provisions) | - | 48 | $1,579,563 | $846,740 | $17,640iApproximate average salary by contribution assumption: employee only about $441,010 at 4% or $294,007 at 6%; with 50% employer match about $294,007 at 4% or $196,005 at 6%; with 100% employer match about $220,505 at 4% or $147,003 at 6%. |
| 2002 | 1 | 48 | $0 | $0 | - |
| First Rate Inc. Profit Sharing Plan (With 401(K) Safe Harbor Provisions) | - | 48 | - | - | - |