Promise Inc
Plan context: Promise Inc 401(K) Profit Sharing Plan & Trust
EIN 90-0520600 • Melbourne, FL • 6 filings • 2 plans
Current Snapshot
Latest Year
2024
2024 Participants
8
2024 Assets
$70,448
2024 Contributions
$39,521
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 |
|---|---|---|---|---|---|
| 2024 | 1 | 8 | $70,448 | $39,521 | $4,940iApproximate average salary by contribution assumption: employee only about $123,503 at 4% or $82,335 at 6%; with 50% employer match about $82,335 at 4% or $54,890 at 6%; with 100% employer match about $61,752 at 4% or $41,168 at 6%. |
| Promise Inc 401(K) Profit Sharing Plan & Trust | - | 8 | $70,448 | $39,521 | $4,940iApproximate average salary by contribution assumption: employee only about $123,503 at 4% or $82,335 at 6%; with 50% employer match about $82,335 at 4% or $54,890 at 6%; with 100% employer match about $61,752 at 4% or $41,168 at 6%. |
| 2023 | 1 | 7 | $36,020 | $29,219 | $4,174iApproximate average salary by contribution assumption: employee only about $104,354 at 4% or $69,569 at 6%; with 50% employer match about $69,569 at 4% or $46,379 at 6%; with 100% employer match about $52,177 at 4% or $34,785 at 6%. |
| Promise Inc 401(K) Profit Sharing Plan & Trust | - | 7 | $36,020 | $29,219 | $4,174iApproximate average salary by contribution assumption: employee only about $104,354 at 4% or $69,569 at 6%; with 50% employer match about $69,569 at 4% or $46,379 at 6%; with 100% employer match about $52,177 at 4% or $34,785 at 6%. |
| 2022 | 1 | 3 | $9,325 | $2,023 | $674iApproximate average salary by contribution assumption: employee only about $16,858 at 4% or $11,239 at 6%; with 50% employer match about $11,239 at 4% or $7,493 at 6%; with 100% employer match about $8,429 at 4% or $5,619 at 6%. |
| Promise Inc 401(K) Profit Sharing Plan & Trust | - | 3 | $9,325 | $2,023 | $674iApproximate average salary by contribution assumption: employee only about $16,858 at 4% or $11,239 at 6%; with 50% employer match about $11,239 at 4% or $7,493 at 6%; with 100% employer match about $8,429 at 4% or $5,619 at 6%. |
| 2021 | 1 | 5 | $91,407 | $5,884 | $1,177iApproximate average salary by contribution assumption: employee only about $29,420 at 4% or $19,613 at 6%; with 50% employer match about $19,613 at 4% or $13,076 at 6%; with 100% employer match about $14,710 at 4% or $9,807 at 6%. |
| Promise Inc 401(K) Profit Sharing Plan & Trust | - | 5 | $91,407 | $5,884 | $1,177iApproximate average salary by contribution assumption: employee only about $29,420 at 4% or $19,613 at 6%; with 50% employer match about $19,613 at 4% or $13,076 at 6%; with 100% employer match about $14,710 at 4% or $9,807 at 6%. |
| 2020 | 1 | 7 | $95,718 | $38,286 | $5,469iApproximate average salary by contribution assumption: employee only about $136,736 at 4% or $91,157 at 6%; with 50% employer match about $91,157 at 4% or $60,771 at 6%; with 100% employer match about $68,368 at 4% or $45,579 at 6%. |
| Promise Inc 401(K) Profit Sharing Plan & Trust | - | 7 | $95,718 | $38,286 | $5,469iApproximate average salary by contribution assumption: employee only about $136,736 at 4% or $91,157 at 6%; with 50% employer match about $91,157 at 4% or $60,771 at 6%; with 100% employer match about $68,368 at 4% or $45,579 at 6%. |
| 2018 | 1 | 6 | $16,321 | $17,343 | $2,891iApproximate average salary by contribution assumption: employee only about $72,263 at 4% or $48,175 at 6%; with 50% employer match about $48,175 at 4% or $32,117 at 6%; with 100% employer match about $36,131 at 4% or $24,088 at 6%. |
| Promise Inc 401(K) Profit Sharing Plan & Trust | - | 6 | $16,321 | $17,343 | $2,891iApproximate average salary by contribution assumption: employee only about $72,263 at 4% or $48,175 at 6%; with 50% employer match about $48,175 at 4% or $32,117 at 6%; with 100% employer match about $36,131 at 4% or $24,088 at 6%. |