THE TIMOTHY INITIATIVE, INC
Plan context: THE TIMOTHY INITIATIVE 401(K) PLAN
EIN 80-0472803 • Raleigh, NC • 7 filings • 1 plans
Current Snapshot
Latest Year
2024
2024 Participants
59
2024 Assets
$1,241,691
2024 Contributions
$299,002
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 | 59 | $1,241,691 | $299,002 | $5,068iApproximate average salary by contribution assumption: employee only about $126,696 at 4% or $84,464 at 6%; with 50% employer match about $84,464 at 4% or $56,309 at 6%; with 100% employer match about $63,348 at 4% or $42,232 at 6%. |
| THE TIMOTHY INITIATIVE 401(K) PLAN | - | 59 | $1,241,691 | $299,002 | $5,068iApproximate average salary by contribution assumption: employee only about $126,696 at 4% or $84,464 at 6%; with 50% employer match about $84,464 at 4% or $56,309 at 6%; with 100% employer match about $63,348 at 4% or $42,232 at 6%. |
| 2023 | 1 | 50 | $930,981 | $290,930 | $5,819iApproximate average salary by contribution assumption: employee only about $145,465 at 4% or $96,977 at 6%; with 50% employer match about $96,977 at 4% or $64,651 at 6%; with 100% employer match about $72,733 at 4% or $48,488 at 6%. |
| THE TIMOTHY INITIATIVE 401(K) PLAN | - | 50 | $930,981 | $290,930 | $5,819iApproximate average salary by contribution assumption: employee only about $145,465 at 4% or $96,977 at 6%; with 50% employer match about $96,977 at 4% or $64,651 at 6%; with 100% employer match about $72,733 at 4% or $48,488 at 6%. |
| 2022 | 1 | 32 | $589,394 | $269,837 | $8,432iApproximate average salary by contribution assumption: employee only about $210,810 at 4% or $140,540 at 6%; with 50% employer match about $140,540 at 4% or $93,693 at 6%; with 100% employer match about $105,405 at 4% or $70,270 at 6%. |
| THE TIMOTHY INITIATIVE 401(K) PLAN | - | 32 | $589,394 | $269,837 | $8,432iApproximate average salary by contribution assumption: employee only about $210,810 at 4% or $140,540 at 6%; with 50% employer match about $140,540 at 4% or $93,693 at 6%; with 100% employer match about $105,405 at 4% or $70,270 at 6%. |
| 2021 | 1 | 28 | $464,851 | $247,324 | $8,833iApproximate average salary by contribution assumption: employee only about $220,825 at 4% or $147,217 at 6%; with 50% employer match about $147,217 at 4% or $98,144 at 6%; with 100% employer match about $110,413 at 4% or $73,608 at 6%. |
| THE TIMOTHY INITIATIVE 401(K) PLAN | - | 28 | $464,851 | $247,324 | $8,833iApproximate average salary by contribution assumption: employee only about $220,825 at 4% or $147,217 at 6%; with 50% employer match about $147,217 at 4% or $98,144 at 6%; with 100% employer match about $110,413 at 4% or $73,608 at 6%. |
| 2020 | 1 | 23 | $195,865 | $98,298 | $4,274iApproximate average salary by contribution assumption: employee only about $106,846 at 4% or $71,230 at 6%; with 50% employer match about $71,230 at 4% or $47,487 at 6%; with 100% employer match about $53,423 at 4% or $35,615 at 6%. |
| THE TIMOTHY INITIATIVE 401(K) PLAN | - | 23 | $195,865 | $98,298 | $4,274iApproximate average salary by contribution assumption: employee only about $106,846 at 4% or $71,230 at 6%; with 50% employer match about $71,230 at 4% or $47,487 at 6%; with 100% employer match about $53,423 at 4% or $35,615 at 6%. |
| 2019 | 1 | 16 | $72,791 | $51,803 | $3,238iApproximate average salary by contribution assumption: employee only about $80,942 at 4% or $53,961 at 6%; with 50% employer match about $53,961 at 4% or $35,974 at 6%; with 100% employer match about $40,471 at 4% or $26,981 at 6%. |
| THE TIMOTHY INITIATIVE 401(K) PLAN | - | 16 | $72,791 | $51,803 | $3,238iApproximate average salary by contribution assumption: employee only about $80,942 at 4% or $53,961 at 6%; with 50% employer match about $53,961 at 4% or $35,974 at 6%; with 100% employer match about $40,471 at 4% or $26,981 at 6%. |
| 2018 | 1 | 10 | $16,114 | $17,204 | $1,720iApproximate average salary by contribution assumption: employee only about $43,010 at 4% or $28,673 at 6%; with 50% employer match about $28,673 at 4% or $19,116 at 6%; with 100% employer match about $21,505 at 4% or $14,337 at 6%. |
| THE TIMOTHY INITIATIVE 401(K) PLAN | - | 10 | $16,114 | $17,204 | $1,720iApproximate average salary by contribution assumption: employee only about $43,010 at 4% or $28,673 at 6%; with 50% employer match about $28,673 at 4% or $19,116 at 6%; with 100% employer match about $21,505 at 4% or $14,337 at 6%. |