Sorensen Wealth Management Inc.
Plan context: Sorensen Wealth Management Inc. 401(K) Profit Sharing Plan
EIN 82-4340644 • Westlake Village, CA • 7 filings • 1 plans
Current Snapshot
Latest Year
2025
2025 Participants
3
2025 Assets
$860,169
2025 Contributions
$181,679
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 |
|---|---|---|---|---|---|
| 2025 | 1 | 3 | $860,169 | $181,679 | $60,560iApproximate average salary by contribution assumption: employee only about $1,513,992 at 4% or $1,009,328 at 6%; with 50% employer match about $1,009,328 at 4% or $672,885 at 6%; with 100% employer match about $756,996 at 4% or $504,664 at 6%. |
| Sorensen Wealth Management Inc. 401(K) Profit Sharing Plan | - | 3 | $860,169 | $181,679 | $60,560iApproximate average salary by contribution assumption: employee only about $1,513,992 at 4% or $1,009,328 at 6%; with 50% employer match about $1,009,328 at 4% or $672,885 at 6%; with 100% employer match about $756,996 at 4% or $504,664 at 6%. |
| 2024 | 1 | 3 | $642,165 | $50,093 | $16,698iApproximate average salary by contribution assumption: employee only about $417,442 at 4% or $278,294 at 6%; with 50% employer match about $278,294 at 4% or $185,530 at 6%; with 100% employer match about $208,721 at 4% or $139,147 at 6%. |
| Sorensen Wealth Management Inc. 401(K) Profit Sharing Plan | - | 3 | $642,165 | $50,093 | $16,698iApproximate average salary by contribution assumption: employee only about $417,442 at 4% or $278,294 at 6%; with 50% employer match about $278,294 at 4% or $185,530 at 6%; with 100% employer match about $208,721 at 4% or $139,147 at 6%. |
| 2023 | 1 | 3 | $519,867 | $63,305 | $21,102iApproximate average salary by contribution assumption: employee only about $527,542 at 4% or $351,694 at 6%; with 50% employer match about $351,694 at 4% or $234,463 at 6%; with 100% employer match about $263,771 at 4% or $175,847 at 6%. |
| Sorensen Wealth Management Inc. 401(K) Profit Sharing Plan | - | 3 | $519,867 | $63,305 | $21,102iApproximate average salary by contribution assumption: employee only about $527,542 at 4% or $351,694 at 6%; with 50% employer match about $351,694 at 4% or $234,463 at 6%; with 100% employer match about $263,771 at 4% or $175,847 at 6%. |
| 2022 | 1 | 3 | $405,573 | $75,142 | $25,047iApproximate average salary by contribution assumption: employee only about $626,183 at 4% or $417,456 at 6%; with 50% employer match about $417,456 at 4% or $278,304 at 6%; with 100% employer match about $313,092 at 4% or $208,728 at 6%. |
| Sorensen Wealth Management Inc. 401(K) Profit Sharing Plan | - | 3 | $405,573 | $75,142 | $25,047iApproximate average salary by contribution assumption: employee only about $626,183 at 4% or $417,456 at 6%; with 50% employer match about $417,456 at 4% or $278,304 at 6%; with 100% employer match about $313,092 at 4% or $208,728 at 6%. |
| 2021 | 1 | 3 | $360,483 | $144,000 | $48,000iApproximate average salary by contribution assumption: employee only about $1,200,000 at 4% or $800,000 at 6%; with 50% employer match about $800,000 at 4% or $533,333 at 6%; with 100% employer match about $600,000 at 4% or $400,000 at 6%. |
| Sorensen Wealth Management Inc. 401(K) Profit Sharing Plan | - | 3 | $360,483 | $144,000 | $48,000iApproximate average salary by contribution assumption: employee only about $1,200,000 at 4% or $800,000 at 6%; with 50% employer match about $800,000 at 4% or $533,333 at 6%; with 100% employer match about $600,000 at 4% or $400,000 at 6%. |
| 2020 | 1 | 3 | $185,479 | $91,985 | $30,662iApproximate average salary by contribution assumption: employee only about $766,542 at 4% or $511,028 at 6%; with 50% employer match about $511,028 at 4% or $340,685 at 6%; with 100% employer match about $383,271 at 4% or $255,514 at 6%. |
| Sorensen Wealth Management Inc. 401(K) Profit Sharing Plan | - | 3 | $185,479 | $91,985 | $30,662iApproximate average salary by contribution assumption: employee only about $766,542 at 4% or $511,028 at 6%; with 50% employer match about $511,028 at 4% or $340,685 at 6%; with 100% employer match about $383,271 at 4% or $255,514 at 6%. |
| 2019 | 1 | 3 | $68,666 | $67,192 | $22,397iApproximate average salary by contribution assumption: employee only about $559,933 at 4% or $373,289 at 6%; with 50% employer match about $373,289 at 4% or $248,859 at 6%; with 100% employer match about $279,967 at 4% or $186,644 at 6%. |
| Sorensen Wealth Management Inc. 401(K) Profit Sharing Plan | - | 3 | $68,666 | $67,192 | $22,397iApproximate average salary by contribution assumption: employee only about $559,933 at 4% or $373,289 at 6%; with 50% employer match about $373,289 at 4% or $248,859 at 6%; with 100% employer match about $279,967 at 4% or $186,644 at 6%. |