Civic Intelligence

Cummings Financial

Plan context: Cummings Financial Profit Sharing Plan

EIN 85-0473875 • Albuquerque, NM • 10 filings • 2 plans

3005 Louisiana BlvdAlbuquerque, NM 87110
Current Snapshot

Latest Year

2009

2009 Participants

3

2009 Assets

$169,609

2009 Contributions

$20,000

Historical Graphs

Total Assets Over Time

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

$228,731$114,366$0200120052008YearValue
$169,609Latest year 2008

Participants Over Time

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

420200120052008YearValue
3Latest year 2008

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
200910$0$0-
Cummings Financial Profit Sharing Plan-0$0$0-
200813$169,609$0-
Cummings Financial Profit Sharing Plan-3$169,609--
200714$228,731$20,000$5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%.
Cummings Financial Profit Sharing Plan-4$228,731$20,000$5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%.
200614$202,647$20,000$5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%.
Cummings Financial Profit Sharing Plan-4$202,647$20,000$5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%.
200514$158,640$30,000$7,500iApproximate average salary by contribution assumption: employee only about $187,500 at 4% or $125,000 at 6%; with 50% employer match about $125,000 at 4% or $83,333 at 6%; with 100% employer match about $93,750 at 4% or $62,500 at 6%.
Cummings Financial Profit Sharing Plan-4$158,640$30,000$7,500iApproximate average salary by contribution assumption: employee only about $187,500 at 4% or $125,000 at 6%; with 50% employer match about $125,000 at 4% or $83,333 at 6%; with 100% employer match about $93,750 at 4% or $62,500 at 6%.
200414$121,057$14,000$3,500iApproximate average salary by contribution assumption: employee only about $87,500 at 4% or $58,333 at 6%; with 50% employer match about $58,333 at 4% or $38,889 at 6%; with 100% employer match about $43,750 at 4% or $29,167 at 6%.
Cummings Financial Profit Sharing Plan-4$121,057$14,000$3,500iApproximate average salary by contribution assumption: employee only about $87,500 at 4% or $58,333 at 6%; with 50% employer match about $58,333 at 4% or $38,889 at 6%; with 100% employer match about $43,750 at 4% or $29,167 at 6%.
200314$95,677$30,057$7,514iApproximate average salary by contribution assumption: employee only about $187,856 at 4% or $125,238 at 6%; with 50% employer match about $125,238 at 4% or $83,492 at 6%; with 100% employer match about $93,928 at 4% or $62,619 at 6%.
Cummings Financial Profit Sharing Plan-4$95,677$30,057$7,514iApproximate average salary by contribution assumption: employee only about $187,856 at 4% or $125,238 at 6%; with 50% employer match about $125,238 at 4% or $83,492 at 6%; with 100% employer match about $93,928 at 4% or $62,619 at 6%.
200214$58,457$28,696$7,174iApproximate average salary by contribution assumption: employee only about $179,350 at 4% or $119,567 at 6%; with 50% employer match about $119,567 at 4% or $79,711 at 6%; with 100% employer match about $89,675 at 4% or $59,783 at 6%.
Cummings Financial Profit Sharing Plan-4$58,457$28,696$7,174iApproximate average salary by contribution assumption: employee only about $179,350 at 4% or $119,567 at 6%; with 50% employer match about $119,567 at 4% or $79,711 at 6%; with 100% employer match about $89,675 at 4% or $59,783 at 6%.
200123$29,579$29,579$9,860iApproximate average salary by contribution assumption: employee only about $246,492 at 4% or $164,328 at 6%; with 50% employer match about $164,328 at 4% or $109,552 at 6%; with 100% employer match about $123,246 at 4% or $82,164 at 6%.
Cummings Financial Profit Sharing Plan-3$29,579$19,662$6,554iApproximate average salary by contribution assumption: employee only about $163,850 at 4% or $109,233 at 6%; with 50% employer match about $109,233 at 4% or $72,822 at 6%; with 100% employer match about $81,925 at 4% or $54,617 at 6%.
Cummings Financial Money Purchase Plan-0-$9,917-
Cummings Financial | EIN 85-0473875 | 2009 Form 5500 Company Profile