Virk and Virk PC.
Plan context: Virk and Virk 401(K) Profit Sharing Plan
EIN 80-0226643 • North Barrington, IL • 10 filings • 1 plans
Current Snapshot
Latest Year
2024
2024 Participants
12
2024 Assets
$1,155,105
2024 Contributions
$78,252
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 | 12 | $1,155,105 | $78,252 | $6,521iApproximate average salary by contribution assumption: employee only about $163,025 at 4% or $108,683 at 6%; with 50% employer match about $108,683 at 4% or $72,456 at 6%; with 100% employer match about $81,513 at 4% or $54,342 at 6%. |
| Virk and Virk 401(K) Profit Sharing Plan | - | 12 | $1,155,105 | $78,252 | $6,521iApproximate average salary by contribution assumption: employee only about $163,025 at 4% or $108,683 at 6%; with 50% employer match about $108,683 at 4% or $72,456 at 6%; with 100% employer match about $81,513 at 4% or $54,342 at 6%. |
| 2023 | 1 | 10 | $942,596 | $78,979 | $7,898iApproximate average salary by contribution assumption: employee only about $197,448 at 4% or $131,632 at 6%; with 50% employer match about $131,632 at 4% or $87,754 at 6%; with 100% employer match about $98,724 at 4% or $65,816 at 6%. |
| Virk and Virk 401(K) Profit Sharing Plan | - | 10 | $942,596 | $78,979 | $7,898iApproximate average salary by contribution assumption: employee only about $197,448 at 4% or $131,632 at 6%; with 50% employer match about $131,632 at 4% or $87,754 at 6%; with 100% employer match about $98,724 at 4% or $65,816 at 6%. |
| 2022 | 1 | 10 | $710,532 | $72,950 | $7,295iApproximate average salary by contribution assumption: employee only about $182,375 at 4% or $121,583 at 6%; with 50% employer match about $121,583 at 4% or $81,056 at 6%; with 100% employer match about $91,188 at 4% or $60,792 at 6%. |
| Virk and Virk 401(K) Profit Sharing Plan | - | 10 | $710,532 | $72,950 | $7,295iApproximate average salary by contribution assumption: employee only about $182,375 at 4% or $121,583 at 6%; with 50% employer match about $121,583 at 4% or $81,056 at 6%; with 100% employer match about $91,188 at 4% or $60,792 at 6%. |
| 2021 | 1 | 9 | $779,946 | $69,380 | $7,709iApproximate average salary by contribution assumption: employee only about $192,722 at 4% or $128,481 at 6%; with 50% employer match about $128,481 at 4% or $85,654 at 6%; with 100% employer match about $96,361 at 4% or $64,241 at 6%. |
| Virk and Virk 401(K) Profit Sharing Plan | - | 9 | $779,946 | $69,380 | $7,709iApproximate average salary by contribution assumption: employee only about $192,722 at 4% or $128,481 at 6%; with 50% employer match about $128,481 at 4% or $85,654 at 6%; with 100% employer match about $96,361 at 4% or $64,241 at 6%. |
| 2020 | 1 | 7 | $710,475 | $67,119 | $9,588iApproximate average salary by contribution assumption: employee only about $239,711 at 4% or $159,807 at 6%; with 50% employer match about $159,807 at 4% or $106,538 at 6%; with 100% employer match about $119,855 at 4% or $79,904 at 6%. |
| Virk and Virk 401(K) Profit Sharing Plan | - | 7 | $710,475 | $67,119 | $9,588iApproximate average salary by contribution assumption: employee only about $239,711 at 4% or $159,807 at 6%; with 50% employer match about $159,807 at 4% or $106,538 at 6%; with 100% employer match about $119,855 at 4% or $79,904 at 6%. |
| 2019 | 1 | 6 | $529,373 | $62,543 | $10,424iApproximate average salary by contribution assumption: employee only about $260,596 at 4% or $173,731 at 6%; with 50% employer match about $173,731 at 4% or $115,820 at 6%; with 100% employer match about $130,298 at 4% or $86,865 at 6%. |
| Virk and Virk 401(K) Profit Sharing Plan | - | 6 | $529,373 | $62,543 | $10,424iApproximate average salary by contribution assumption: employee only about $260,596 at 4% or $173,731 at 6%; with 50% employer match about $173,731 at 4% or $115,820 at 6%; with 100% employer match about $130,298 at 4% or $86,865 at 6%. |
| 2018 | 1 | 4 | $416,339 | $58,724 | $14,681iApproximate average salary by contribution assumption: employee only about $367,025 at 4% or $244,683 at 6%; with 50% employer match about $244,683 at 4% or $163,122 at 6%; with 100% employer match about $183,513 at 4% or $122,342 at 6%. |
| Virk and Virk 401(K) Profit Sharing Plan | - | 4 | $416,339 | $58,724 | $14,681iApproximate average salary by contribution assumption: employee only about $367,025 at 4% or $244,683 at 6%; with 50% employer match about $244,683 at 4% or $163,122 at 6%; with 100% employer match about $183,513 at 4% or $122,342 at 6%. |
| 2017 | 1 | 4 | $363,129 | $60,323 | $15,081iApproximate average salary by contribution assumption: employee only about $377,019 at 4% or $251,346 at 6%; with 50% employer match about $251,346 at 4% or $167,564 at 6%; with 100% employer match about $188,509 at 4% or $125,673 at 6%. |
| Virk and Virk 401(K) Profit Sharing Plan | - | 4 | $363,129 | $60,323 | $15,081iApproximate average salary by contribution assumption: employee only about $377,019 at 4% or $251,346 at 6%; with 50% employer match about $251,346 at 4% or $167,564 at 6%; with 100% employer match about $188,509 at 4% or $125,673 at 6%. |
| 2016 | 1 | 3 | $280,045 | $54,498 | $18,166iApproximate average salary by contribution assumption: employee only about $454,150 at 4% or $302,767 at 6%; with 50% employer match about $302,767 at 4% or $201,844 at 6%; with 100% employer match about $227,075 at 4% or $151,383 at 6%. |
| Virk and Virk 401(K) Profit Sharing Plan | - | 3 | $280,045 | $54,498 | $18,166iApproximate average salary by contribution assumption: employee only about $454,150 at 4% or $302,767 at 6%; with 50% employer match about $302,767 at 4% or $201,844 at 6%; with 100% employer match about $227,075 at 4% or $151,383 at 6%. |
| 2015 | 1 | 3 | $220,343 | $53,767 | $17,922iApproximate average salary by contribution assumption: employee only about $448,058 at 4% or $298,706 at 6%; with 50% employer match about $298,706 at 4% or $199,137 at 6%; with 100% employer match about $224,029 at 4% or $149,353 at 6%. |
| Virk and Virk 401(K) Profit Sharing Plan | - | 3 | $220,343 | $53,767 | $17,922iApproximate average salary by contribution assumption: employee only about $448,058 at 4% or $298,706 at 6%; with 50% employer match about $298,706 at 4% or $199,137 at 6%; with 100% employer match about $224,029 at 4% or $149,353 at 6%. |