Michael S. Rich Contractors Inc.
Plan context: Contractors and Employees 401K Profit Sharing Plan
EIN 85-0362619 • Albuquerque, NM • 25 filings • 4 plans
Current Snapshot
Latest Year
2023
2023 Participants
28
2023 Assets
$467,103
2023 Contributions
$48,421
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 |
|---|---|---|---|---|---|
| 2023 | 1 | 28 | $467,103 | $48,421 | $1,729iApproximate average salary by contribution assumption: employee only about $43,233 at 4% or $28,822 at 6%; with 50% employer match about $28,822 at 4% or $19,215 at 6%; with 100% employer match about $21,617 at 4% or $14,411 at 6%. |
| Contractors and Employees 401K Profit Sharing Plan | - | 28 | $467,103 | $48,421 | $1,729iApproximate average salary by contribution assumption: employee only about $43,233 at 4% or $28,822 at 6%; with 50% employer match about $28,822 at 4% or $19,215 at 6%; with 100% employer match about $21,617 at 4% or $14,411 at 6%. |
| 2022 | 1 | 24 | $777,007 | $35,506 | $1,479iApproximate average salary by contribution assumption: employee only about $36,985 at 4% or $24,657 at 6%; with 50% employer match about $24,657 at 4% or $16,438 at 6%; with 100% employer match about $18,493 at 4% or $12,328 at 6%. |
| Contractors and Employees 401K Profit Sharing Plan | - | 24 | $777,007 | $35,506 | $1,479iApproximate average salary by contribution assumption: employee only about $36,985 at 4% or $24,657 at 6%; with 50% employer match about $24,657 at 4% or $16,438 at 6%; with 100% employer match about $18,493 at 4% or $12,328 at 6%. |
| 2021 | 1 | 26 | $639,661 | $47,598 | $1,831iApproximate average salary by contribution assumption: employee only about $45,767 at 4% or $30,512 at 6%; with 50% employer match about $30,512 at 4% or $20,341 at 6%; with 100% employer match about $22,884 at 4% or $15,256 at 6%. |
| Contractors and Employees 401K Profit Sharing Plan | - | 26 | $639,661 | $47,598 | $1,831iApproximate average salary by contribution assumption: employee only about $45,767 at 4% or $30,512 at 6%; with 50% employer match about $30,512 at 4% or $20,341 at 6%; with 100% employer match about $22,884 at 4% or $15,256 at 6%. |
| 2020 | 1 | 18 | $795,389 | $27,136 | $1,508iApproximate average salary by contribution assumption: employee only about $37,689 at 4% or $25,126 at 6%; with 50% employer match about $25,126 at 4% or $16,751 at 6%; with 100% employer match about $18,844 at 4% or $12,563 at 6%. |
| Contractors and Employees 401K Profit Sharing Plan | - | 18 | $795,389 | $27,136 | $1,508iApproximate average salary by contribution assumption: employee only about $37,689 at 4% or $25,126 at 6%; with 50% employer match about $25,126 at 4% or $16,751 at 6%; with 100% employer match about $18,844 at 4% or $12,563 at 6%. |
| 2019 | 1 | 18 | $740,191 | $59,183 | $3,288iApproximate average salary by contribution assumption: employee only about $82,199 at 4% or $54,799 at 6%; with 50% employer match about $54,799 at 4% or $36,533 at 6%; with 100% employer match about $41,099 at 4% or $27,400 at 6%. |
| Contractors and Employees 401K Profit Sharing Plan | - | 18 | $740,191 | $59,183 | $3,288iApproximate average salary by contribution assumption: employee only about $82,199 at 4% or $54,799 at 6%; with 50% employer match about $54,799 at 4% or $36,533 at 6%; with 100% employer match about $41,099 at 4% or $27,400 at 6%. |
| 2018 | 1 | 23 | $671,856 | $69,453 | $3,020iApproximate average salary by contribution assumption: employee only about $75,492 at 4% or $50,328 at 6%; with 50% employer match about $50,328 at 4% or $33,552 at 6%; with 100% employer match about $37,746 at 4% or $25,164 at 6%. |
| Contractors and Employees 401K Profit Sharing Plan | - | 23 | $671,856 | $69,453 | $3,020iApproximate average salary by contribution assumption: employee only about $75,492 at 4% or $50,328 at 6%; with 50% employer match about $50,328 at 4% or $33,552 at 6%; with 100% employer match about $37,746 at 4% or $25,164 at 6%. |
| 2017 | 1 | 24 | $617,180 | $85,279 | $3,553iApproximate average salary by contribution assumption: employee only about $88,832 at 4% or $59,222 at 6%; with 50% employer match about $59,222 at 4% or $39,481 at 6%; with 100% employer match about $44,416 at 4% or $29,611 at 6%. |
| Contractors and Employees 401K Profit Sharing Plan | - | 24 | $617,180 | $85,279 | $3,553iApproximate average salary by contribution assumption: employee only about $88,832 at 4% or $59,222 at 6%; with 50% employer match about $59,222 at 4% or $39,481 at 6%; with 100% employer match about $44,416 at 4% or $29,611 at 6%. |
| 2016 | 1 | 25 | $519,114 | $94,201 | $3,768iApproximate average salary by contribution assumption: employee only about $94,201 at 4% or $62,801 at 6%; with 50% employer match about $62,801 at 4% or $41,867 at 6%; with 100% employer match about $47,101 at 4% or $31,400 at 6%. |
| Contractors and Employees 401K Profit Sharing Plan | - | 25 | $519,114 | $94,201 | $3,768iApproximate average salary by contribution assumption: employee only about $94,201 at 4% or $62,801 at 6%; with 50% employer match about $62,801 at 4% or $41,867 at 6%; with 100% employer match about $47,101 at 4% or $31,400 at 6%. |
| 2015 | 1 | 27 | $386,174 | $63,705 | $2,359iApproximate average salary by contribution assumption: employee only about $58,986 at 4% or $39,324 at 6%; with 50% employer match about $39,324 at 4% or $26,216 at 6%; with 100% employer match about $29,493 at 4% or $19,662 at 6%. |
| Contractors and Employees 401K Profit Sharing Plan | - | 27 | $386,174 | $63,705 | $2,359iApproximate average salary by contribution assumption: employee only about $58,986 at 4% or $39,324 at 6%; with 50% employer match about $39,324 at 4% or $26,216 at 6%; with 100% employer match about $29,493 at 4% or $19,662 at 6%. |
| 2014 | 1 | 19 | $299,861 | $27,534 | $1,449iApproximate average salary by contribution assumption: employee only about $36,229 at 4% or $24,153 at 6%; with 50% employer match about $24,153 at 4% or $16,102 at 6%; with 100% employer match about $18,114 at 4% or $12,076 at 6%. |
| Contractors and Employees 401K Profit Sharing Plan | - | 19 | $299,861 | $27,534 | $1,449iApproximate average salary by contribution assumption: employee only about $36,229 at 4% or $24,153 at 6%; with 50% employer match about $24,153 at 4% or $16,102 at 6%; with 100% employer match about $18,114 at 4% or $12,076 at 6%. |
| 2013 | 1 | 28 | $329,069 | $37,804 | $1,350iApproximate average salary by contribution assumption: employee only about $33,754 at 4% or $22,502 at 6%; with 50% employer match about $22,502 at 4% or $15,002 at 6%; with 100% employer match about $16,877 at 4% or $11,251 at 6%. |
| Contractors and Employees 401K Profit Sharing Plan | - | 28 | $329,069 | $37,804 | $1,350iApproximate average salary by contribution assumption: employee only about $33,754 at 4% or $22,502 at 6%; with 50% employer match about $22,502 at 4% or $15,002 at 6%; with 100% employer match about $16,877 at 4% or $11,251 at 6%. |
| 2012 | 1 | 33 | $302,543 | $49,654 | $1,505iApproximate average salary by contribution assumption: employee only about $37,617 at 4% or $25,078 at 6%; with 50% employer match about $25,078 at 4% or $16,719 at 6%; with 100% employer match about $18,808 at 4% or $12,539 at 6%. |
| Contractors and Employees 401K Profit Sharing Plan | - | 33 | $302,543 | $49,654 | $1,505iApproximate average salary by contribution assumption: employee only about $37,617 at 4% or $25,078 at 6%; with 50% employer match about $25,078 at 4% or $16,719 at 6%; with 100% employer match about $18,808 at 4% or $12,539 at 6%. |
| 2011 | 1 | 42 | $381,096 | $45,119 | $1,074iApproximate average salary by contribution assumption: employee only about $26,857 at 4% or $17,904 at 6%; with 50% employer match about $17,904 at 4% or $11,936 at 6%; with 100% employer match about $13,428 at 4% or $8,952 at 6%. |
| Contractors and Employees 401K Profit Sharing Plan | - | 42 | $381,096 | $45,119 | $1,074iApproximate average salary by contribution assumption: employee only about $26,857 at 4% or $17,904 at 6%; with 50% employer match about $17,904 at 4% or $11,936 at 6%; with 100% employer match about $13,428 at 4% or $8,952 at 6%. |
| 2010 | 1 | 45 | $313,291 | $37,241 | $828iApproximate average salary by contribution assumption: employee only about $20,689 at 4% or $13,793 at 6%; with 50% employer match about $13,793 at 4% or $9,195 at 6%; with 100% employer match about $10,345 at 4% or $6,896 at 6%. |
| Contractors and Employees 401K Profit Sharing Plan | - | 45 | $313,291 | $37,241 | $828iApproximate average salary by contribution assumption: employee only about $20,689 at 4% or $13,793 at 6%; with 50% employer match about $13,793 at 4% or $9,195 at 6%; with 100% employer match about $10,345 at 4% or $6,896 at 6%. |
| 2009 | 1 | 47 | $316,150 | $42,624 | $907iApproximate average salary by contribution assumption: employee only about $22,672 at 4% or $15,115 at 6%; with 50% employer match about $15,115 at 4% or $10,077 at 6%; with 100% employer match about $11,336 at 4% or $7,557 at 6%. |
| Contractors and Employees 401K Profit Sharing Plan | - | 47 | $316,150 | $42,624 | $907iApproximate average salary by contribution assumption: employee only about $22,672 at 4% or $15,115 at 6%; with 50% employer match about $15,115 at 4% or $10,077 at 6%; with 100% employer match about $11,336 at 4% or $7,557 at 6%. |
| 2008 | 1 | 30 | $0 | $0 | - |
| Contractors and Employees 401K Profit Sharing Plan | - | 30 | - | - | - |
| 2007 | 1 | 23 | $0 | $0 | - |
| Contractors and Employees 401K Profit Sharing Plan | - | 23 | - | - | - |
| 2006 | 1 | 25 | $393,686 | $58,331 | $2,333iApproximate average salary by contribution assumption: employee only about $58,331 at 4% or $38,887 at 6%; with 50% employer match about $38,887 at 4% or $25,925 at 6%; with 100% employer match about $29,165 at 4% or $19,444 at 6%. |
| Contractors and Employees 401K Profit Sharing Plan | - | 25 | $393,686 | $58,331 | $2,333iApproximate average salary by contribution assumption: employee only about $58,331 at 4% or $38,887 at 6%; with 50% employer match about $38,887 at 4% or $25,925 at 6%; with 100% employer match about $29,165 at 4% or $19,444 at 6%. |
| 2005 | 1 | 42 | $0 | $0 | - |
| Contractors and Employees 401K Profit Sharing Plan | - | 42 | - | - | - |
| 2004 | 1 | 30 | $370,767 | $126,917 | $4,231iApproximate average salary by contribution assumption: employee only about $105,764 at 4% or $70,509 at 6%; with 50% employer match about $70,509 at 4% or $47,006 at 6%; with 100% employer match about $52,882 at 4% or $35,255 at 6%. |
| Contractors and Employees 401K Profit Sharing Plan | - | 30 | $370,767 | $126,917 | $4,231iApproximate average salary by contribution assumption: employee only about $105,764 at 4% or $70,509 at 6%; with 50% employer match about $70,509 at 4% or $47,006 at 6%; with 100% employer match about $52,882 at 4% or $35,255 at 6%. |
| 2003 | 1 | 42 | $0 | $0 | - |
| Contractors and Employees 401K Profit Sharing Plan | - | 42 | - | - | - |
| 2002 | 1 | 25 | $101,943 | $12,006 | $480iApproximate average salary by contribution assumption: employee only about $12,006 at 4% or $8,004 at 6%; with 50% employer match about $8,004 at 4% or $5,336 at 6%; with 100% employer match about $6,003 at 4% or $4,002 at 6%. |
| Contractors and Employees 401K Profit Sharing Plan | - | 25 | $101,943 | $12,006 | $480iApproximate average salary by contribution assumption: employee only about $12,006 at 4% or $8,004 at 6%; with 50% employer match about $8,004 at 4% or $5,336 at 6%; with 100% employer match about $6,003 at 4% or $4,002 at 6%. |
| 2001 | 1 | 36 | $0 | $0 | - |
| Contractors and Employees 401K Profit Sharing Plan | - | 36 | - | - | - |
| 2000 | 1 | 22 | $0 | $0 | - |
| Contractors and Employees 401K Profit Sharing Plan | - | 22 | - | - | - |
| 1999 | 1 | 13 | $53,108 | $51,998 | $4,000iApproximate average salary by contribution assumption: employee only about $99,996 at 4% or $66,664 at 6%; with 50% employer match about $66,664 at 4% or $44,443 at 6%; with 100% employer match about $49,998 at 4% or $33,332 at 6%. |
| Contractors and Employees 401K Profit Sharing Plan | - | 13 | $53,108 | $51,998 | $4,000iApproximate average salary by contribution assumption: employee only about $99,996 at 4% or $66,664 at 6%; with 50% employer match about $66,664 at 4% or $44,443 at 6%; with 100% employer match about $49,998 at 4% or $33,332 at 6%. |