Civic Intelligence

Literacy Resources Inc.

Plan context: Literacy Resources Inc. Cash Balance Pension Plan & Trust

EIN 90-0153816 • Mount Prospect, IL • 18 filings • 4 plans

708 French WayMount Prospect, IL 60056
Current Snapshot

Latest Year

2022

2022 Participants

3

2022 Assets

$5,100,176

2022 Contributions

$144,432

Historical Graphs

Total Assets Over Time

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

$5,100,176$2,550,088$0201420182021YearValue
$5,100,176Latest year 2021

Participants Over Time

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

950201420182021YearValue
3Latest year 2021

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
202220$0$0-
Literacy Resources Inc. Cash Balance Pension Plan & Trust-0$0$0-
Literacy Resources Inc. 401(K) Profit Sharing Plan & Trust-0$0--
202123$5,100,176$144,432$48,144iApproximate average salary by contribution assumption: employee only about $1,203,600 at 4% or $802,400 at 6%; with 50% employer match about $802,400 at 4% or $534,933 at 6%; with 100% employer match about $601,800 at 4% or $401,200 at 6%.
Literacy Resources Inc. Cash Balance Pension Plan & Trust-3$3,885,910$0-
Literacy Resources Inc. 401(K) Profit Sharing Plan & Trust-3$1,214,266$144,432$48,144iApproximate average salary by contribution assumption: employee only about $1,203,600 at 4% or $802,400 at 6%; with 50% employer match about $802,400 at 4% or $534,933 at 6%; with 100% employer match about $601,800 at 4% or $401,200 at 6%.
202023$4,583,640$178,654$59,551iApproximate average salary by contribution assumption: employee only about $1,488,783 at 4% or $992,522 at 6%; with 50% employer match about $992,522 at 4% or $661,681 at 6%; with 100% employer match about $744,392 at 4% or $496,261 at 6%.
Literacy Resources Inc. Cash Balance Pension Plan & Trust-3$3,654,788$0-
Literacy Resources Inc. 401(K) Profit Sharing Plan & Trust-3$928,852$178,654$59,551iApproximate average salary by contribution assumption: employee only about $1,488,783 at 4% or $992,522 at 6%; with 50% employer match about $992,522 at 4% or $661,681 at 6%; with 100% employer match about $744,392 at 4% or $496,261 at 6%.
201929$3,825,895$669,855$74,428iApproximate average salary by contribution assumption: employee only about $1,860,708 at 4% or $1,240,472 at 6%; with 50% employer match about $1,240,472 at 4% or $826,981 at 6%; with 100% employer match about $930,354 at 4% or $620,236 at 6%.
Literacy Resources Inc. Cash Balance Pension Plan & Trust-8$3,021,051$450,000$56,250iApproximate average salary by contribution assumption: employee only about $1,406,250 at 4% or $937,500 at 6%; with 50% employer match about $937,500 at 4% or $625,000 at 6%; with 100% employer match about $703,125 at 4% or $468,750 at 6%.
Literacy Resources Inc. 401(K) Profit Sharing Plan & Trust-9$804,844$219,855$24,428iApproximate average salary by contribution assumption: employee only about $610,708 at 4% or $407,139 at 6%; with 50% employer match about $407,139 at 4% or $271,426 at 6%; with 100% employer match about $305,354 at 4% or $203,569 at 6%.
201826$2,687,560$945,481$157,580iApproximate average salary by contribution assumption: employee only about $3,939,504 at 4% or $2,626,336 at 6%; with 50% employer match about $2,626,336 at 4% or $1,750,891 at 6%; with 100% employer match about $1,969,752 at 4% or $1,313,168 at 6%.
Literacy Resources Inc. Cash Balance Pension Plan & Trust-6$2,191,863$798,517$133,086iApproximate average salary by contribution assumption: employee only about $3,327,154 at 4% or $2,218,103 at 6%; with 50% employer match about $2,218,103 at 4% or $1,478,735 at 6%; with 100% employer match about $1,663,577 at 4% or $1,109,051 at 6%.
Literacy Resources Inc. 401(K) Profit Sharing Plan & Trust-6$495,697$146,964$24,494iApproximate average salary by contribution assumption: employee only about $612,350 at 4% or $408,233 at 6%; with 50% employer match about $408,233 at 4% or $272,156 at 6%; with 100% employer match about $306,175 at 4% or $204,117 at 6%.
201724$1,901,932$597,545$149,386iApproximate average salary by contribution assumption: employee only about $3,734,656 at 4% or $2,489,771 at 6%; with 50% employer match about $2,489,771 at 4% or $1,659,847 at 6%; with 100% employer match about $1,867,328 at 4% or $1,244,885 at 6%.
Literacy Resources Inc. Cash Balance Pension Plan & Trust-3$1,521,241$458,502$152,834iApproximate average salary by contribution assumption: employee only about $3,820,850 at 4% or $2,547,233 at 6%; with 50% employer match about $2,547,233 at 4% or $1,698,156 at 6%; with 100% employer match about $1,910,425 at 4% or $1,273,617 at 6%.
Literacy Resources Inc. 401(K) Profit Sharing Plan & Trust-4$380,691$139,043$34,761iApproximate average salary by contribution assumption: employee only about $869,019 at 4% or $579,346 at 6%; with 50% employer match about $579,346 at 4% or $386,231 at 6%; with 100% employer match about $434,509 at 4% or $289,673 at 6%.
201624$1,130,309$512,993$128,248iApproximate average salary by contribution assumption: employee only about $3,206,206 at 4% or $2,137,471 at 6%; with 50% employer match about $2,137,471 at 4% or $1,424,981 at 6%; with 100% employer match about $1,603,103 at 4% or $1,068,735 at 6%.
Literacy Resources Inc. Cash Balance Pension Plan & Trust-4$923,305$431,714$107,929iApproximate average salary by contribution assumption: employee only about $2,698,213 at 4% or $1,798,808 at 6%; with 50% employer match about $1,798,808 at 4% or $1,199,206 at 6%; with 100% employer match about $1,349,106 at 4% or $899,404 at 6%.
Literacy Resources Inc. 401(K) Profit Sharing Plan & Trust-4$207,004$81,279$20,320iApproximate average salary by contribution assumption: employee only about $507,994 at 4% or $338,663 at 6%; with 50% employer match about $338,663 at 4% or $225,775 at 6%; with 100% employer match about $253,997 at 4% or $169,331 at 6%.
201524$576,610$249,699$62,425iApproximate average salary by contribution assumption: employee only about $1,560,619 at 4% or $1,040,413 at 6%; with 50% employer match about $1,040,413 at 4% or $693,608 at 6%; with 100% employer match about $780,309 at 4% or $520,206 at 6%.
Literacy Resources Inc. Cash Balance Pension Plan & Trust-3$460,237$196,679$65,560iApproximate average salary by contribution assumption: employee only about $1,638,992 at 4% or $1,092,661 at 6%; with 50% employer match about $1,092,661 at 4% or $728,441 at 6%; with 100% employer match about $819,496 at 4% or $546,331 at 6%.
Literacy Resources Inc. 401(K) Profit Sharing Plan & Trust-4$116,373$53,020$13,255iApproximate average salary by contribution assumption: employee only about $331,375 at 4% or $220,917 at 6%; with 50% employer match about $220,917 at 4% or $147,278 at 6%; with 100% employer match about $165,688 at 4% or $110,458 at 6%.
201422$345,999$198,637$99,319iApproximate average salary by contribution assumption: employee only about $2,482,963 at 4% or $1,655,308 at 6%; with 50% employer match about $1,655,308 at 4% or $1,103,539 at 6%; with 100% employer match about $1,241,481 at 4% or $827,654 at 6%.
Literacy Resources Inc. Cash Balance Pension Plan & Trust-2$279,827$166,415$83,208iApproximate average salary by contribution assumption: employee only about $2,080,188 at 4% or $1,386,792 at 6%; with 50% employer match about $1,386,792 at 4% or $924,528 at 6%; with 100% employer match about $1,040,094 at 4% or $693,396 at 6%.
Literacy Resources Inc. 401(K) Profit Sharing Plan & Trust-2$66,172$32,222$16,111iApproximate average salary by contribution assumption: employee only about $402,775 at 4% or $268,517 at 6%; with 50% employer match about $268,517 at 4% or $179,011 at 6%; with 100% employer match about $201,388 at 4% or $134,258 at 6%.