Civic Intelligence

Spence Asset Management Inc.

Plan context: Spence Asset Management 401(K) Profit Sharing Plan & Trust

EIN 85-0408533 • Las Cruces, NM • 15 filings • 3 plans

1800 S Telshor BlvdLas Cruces, NM 88011
Current Snapshot

Latest Year

2024

2024 Participants

10

2024 Assets

$6,441,171

2024 Contributions

$273,145

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$7,401,189$3,700,595$0201020172024YearValue
$6,441,171Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

1160201020172024YearValue
10Latest year 2024

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 / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024110$6,441,171$273,145$27,315iApproximate average salary by contribution assumption: employee only about $682,863 at 4% or $455,242 at 6%; with 50% employer match about $455,242 at 4% or $303,494 at 6%; with 100% employer match about $341,431 at 4% or $227,621 at 6%.
Spence Asset Management 401(K) Profit Sharing Plan & Trust-10$6,441,171$273,145$27,315iApproximate average salary by contribution assumption: employee only about $682,863 at 4% or $455,242 at 6%; with 50% employer match about $455,242 at 4% or $303,494 at 6%; with 100% employer match about $341,431 at 4% or $227,621 at 6%.
2023111$5,355,432$260,222$23,657iApproximate average salary by contribution assumption: employee only about $591,414 at 4% or $394,276 at 6%; with 50% employer match about $394,276 at 4% or $262,851 at 6%; with 100% employer match about $295,707 at 4% or $197,138 at 6%.
Spence Asset Management 401(K) Profit Sharing Plan & Trust-11$5,355,432$260,222$23,657iApproximate average salary by contribution assumption: employee only about $591,414 at 4% or $394,276 at 6%; with 50% employer match about $394,276 at 4% or $262,851 at 6%; with 100% employer match about $295,707 at 4% or $197,138 at 6%.
2022111$4,015,850$214,450$19,495iApproximate average salary by contribution assumption: employee only about $487,386 at 4% or $324,924 at 6%; with 50% employer match about $324,924 at 4% or $216,616 at 6%; with 100% employer match about $243,693 at 4% or $162,462 at 6%.
Spence Asset Management 401(K) Profit Sharing Plan & Trust-11$4,015,850$214,450$19,495iApproximate average salary by contribution assumption: employee only about $487,386 at 4% or $324,924 at 6%; with 50% employer match about $324,924 at 4% or $216,616 at 6%; with 100% employer match about $243,693 at 4% or $162,462 at 6%.
202118$7,401,189$391,165$48,896iApproximate average salary by contribution assumption: employee only about $1,222,391 at 4% or $814,927 at 6%; with 50% employer match about $814,927 at 4% or $543,285 at 6%; with 100% employer match about $611,195 at 4% or $407,464 at 6%.
Spence Asset Management 401(K) Profit Sharing Plan & Trust-8$7,401,189$391,165$48,896iApproximate average salary by contribution assumption: employee only about $1,222,391 at 4% or $814,927 at 6%; with 50% employer match about $814,927 at 4% or $543,285 at 6%; with 100% employer match about $611,195 at 4% or $407,464 at 6%.
202019$6,096,681$170,006$18,890iApproximate average salary by contribution assumption: employee only about $472,239 at 4% or $314,826 at 6%; with 50% employer match about $314,826 at 4% or $209,884 at 6%; with 100% employer match about $236,119 at 4% or $157,413 at 6%.
Spence Asset Management 401(K) Profit Sharing Plan & Trust-9$6,096,681$170,006$18,890iApproximate average salary by contribution assumption: employee only about $472,239 at 4% or $314,826 at 6%; with 50% employer match about $314,826 at 4% or $209,884 at 6%; with 100% employer match about $236,119 at 4% or $157,413 at 6%.
201918$3,677,387$138,730$17,341iApproximate average salary by contribution assumption: employee only about $433,531 at 4% or $289,021 at 6%; with 50% employer match about $289,021 at 4% or $192,681 at 6%; with 100% employer match about $216,766 at 4% or $144,510 at 6%.
Spence Asset Management 401(K) Profit Sharing Plan & Trust-8$3,677,387$138,730$17,341iApproximate average salary by contribution assumption: employee only about $433,531 at 4% or $289,021 at 6%; with 50% employer match about $289,021 at 4% or $192,681 at 6%; with 100% employer match about $216,766 at 4% or $144,510 at 6%.
201818$2,531,436$134,614$16,827iApproximate average salary by contribution assumption: employee only about $420,669 at 4% or $280,446 at 6%; with 50% employer match about $280,446 at 4% or $186,964 at 6%; with 100% employer match about $210,334 at 4% or $140,223 at 6%.
Spence Asset Management 401(K) Profit Sharing Plan & Trust-8$2,531,436$134,614$16,827iApproximate average salary by contribution assumption: employee only about $420,669 at 4% or $280,446 at 6%; with 50% employer match about $280,446 at 4% or $186,964 at 6%; with 100% employer match about $210,334 at 4% or $140,223 at 6%.
201718$2,325,211$144,287$18,036iApproximate average salary by contribution assumption: employee only about $450,897 at 4% or $300,598 at 6%; with 50% employer match about $300,598 at 4% or $200,399 at 6%; with 100% employer match about $225,448 at 4% or $150,299 at 6%.
Spence Asset Management 401(K) Profit Sharing Plan & Trust-8$2,325,211$144,287$18,036iApproximate average salary by contribution assumption: employee only about $450,897 at 4% or $300,598 at 6%; with 50% employer match about $300,598 at 4% or $200,399 at 6%; with 100% employer match about $225,448 at 4% or $150,299 at 6%.
201617$1,788,914$113,558$16,223iApproximate average salary by contribution assumption: employee only about $405,564 at 4% or $270,376 at 6%; with 50% employer match about $270,376 at 4% or $180,251 at 6%; with 100% employer match about $202,782 at 4% or $135,188 at 6%.
Spence Asset Management 401(K) Profit Sharing Plan & Trust-7$1,788,914$113,558$16,223iApproximate average salary by contribution assumption: employee only about $405,564 at 4% or $270,376 at 6%; with 50% employer match about $270,376 at 4% or $180,251 at 6%; with 100% employer match about $202,782 at 4% or $135,188 at 6%.
201515$1,538,758$107,718$21,544iApproximate average salary by contribution assumption: employee only about $538,590 at 4% or $359,060 at 6%; with 50% employer match about $359,060 at 4% or $239,373 at 6%; with 100% employer match about $269,295 at 4% or $179,530 at 6%.
Spence Asset Management 401(K) Profit Sharing Plan & Trust-5$1,538,758$107,718$21,544iApproximate average salary by contribution assumption: employee only about $538,590 at 4% or $359,060 at 6%; with 50% employer match about $359,060 at 4% or $239,373 at 6%; with 100% employer match about $269,295 at 4% or $179,530 at 6%.
201415$1,425,425$104,201$20,840iApproximate average salary by contribution assumption: employee only about $521,005 at 4% or $347,337 at 6%; with 50% employer match about $347,337 at 4% or $231,558 at 6%; with 100% employer match about $260,503 at 4% or $173,668 at 6%.
Spence Asset Management 401(K) Profit Sharing Plan & Trust-5$1,425,425$104,201$20,840iApproximate average salary by contribution assumption: employee only about $521,005 at 4% or $347,337 at 6%; with 50% employer match about $347,337 at 4% or $231,558 at 6%; with 100% employer match about $260,503 at 4% or $173,668 at 6%.
201315$1,272,321$102,903$20,581iApproximate average salary by contribution assumption: employee only about $514,515 at 4% or $343,010 at 6%; with 50% employer match about $343,010 at 4% or $228,673 at 6%; with 100% employer match about $257,257 at 4% or $171,505 at 6%.
Spence Asset Management 401(K) Profit Sharing Plan & Trust-5$1,272,321$102,903$20,581iApproximate average salary by contribution assumption: employee only about $514,515 at 4% or $343,010 at 6%; with 50% employer match about $343,010 at 4% or $228,673 at 6%; with 100% employer match about $257,257 at 4% or $171,505 at 6%.
201215$899,730$95,723$19,145iApproximate average salary by contribution assumption: employee only about $478,615 at 4% or $319,077 at 6%; with 50% employer match about $319,077 at 4% or $212,718 at 6%; with 100% employer match about $239,307 at 4% or $159,538 at 6%.
Spence Asset Management 401(K) Profit Sharing Plan & Trust-5$899,730$95,723$19,145iApproximate average salary by contribution assumption: employee only about $478,615 at 4% or $319,077 at 6%; with 50% employer match about $319,077 at 4% or $212,718 at 6%; with 100% employer match about $239,307 at 4% or $159,538 at 6%.
201116$851,860$85,900$14,317iApproximate average salary by contribution assumption: employee only about $357,917 at 4% or $238,611 at 6%; with 50% employer match about $238,611 at 4% or $159,074 at 6%; with 100% employer match about $178,958 at 4% or $119,306 at 6%.
Spence Asset Management 401(K) Profit Sharing Plan & Trust-6$851,860$85,900$14,317iApproximate average salary by contribution assumption: employee only about $357,917 at 4% or $238,611 at 6%; with 50% employer match about $238,611 at 4% or $159,074 at 6%; with 100% employer match about $178,958 at 4% or $119,306 at 6%.
201018$925,103$160,947$20,118iApproximate average salary by contribution assumption: employee only about $502,959 at 4% or $335,306 at 6%; with 50% employer match about $335,306 at 4% or $223,538 at 6%; with 100% employer match about $251,480 at 4% or $167,653 at 6%.
Spence Asset Management 401(K) Profit Sharing Plan & Trust-8$925,103$160,947$20,118iApproximate average salary by contribution assumption: employee only about $502,959 at 4% or $335,306 at 6%; with 50% employer match about $335,306 at 4% or $223,538 at 6%; with 100% employer match about $251,480 at 4% or $167,653 at 6%.