Michael a. Torchia, CPA PC.
Plan context: Michael a. Torchia, CPA PC 401(K) Profit Sharing Plan
EIN 92-0643283 • 2 filings • 1 plans
Current Snapshot
Latest Year
2024
2024 Participants
1
2024 Assets
$1,074,315
2024 Contributions
$34,500
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 | 1 | $1,074,315 | $34,500 | $34,500iApproximate average salary by contribution assumption: employee only about $862,500 at 4% or $575,000 at 6%; with 50% employer match about $575,000 at 4% or $383,333 at 6%; with 100% employer match about $431,250 at 4% or $287,500 at 6%. |
| Michael a. Torchia, CPA PC 401(K) Profit Sharing Plan | - | 1 | $1,074,315 | $34,500 | $34,500iApproximate average salary by contribution assumption: employee only about $862,500 at 4% or $575,000 at 6%; with 50% employer match about $575,000 at 4% or $383,333 at 6%; with 100% employer match about $431,250 at 4% or $287,500 at 6%. |
| 2023 | 1 | 1 | $921,793 | $876,121 | $876,121iApproximate average salary by contribution assumption: employee only about $21,903,025 at 4% or $14,602,017 at 6%; with 50% employer match about $14,602,017 at 4% or $9,734,678 at 6%; with 100% employer match about $10,951,513 at 4% or $7,301,008 at 6%. |
| Michael a. Torchia, CPA PC 401(K) Profit Sharing Plan | - | 1 | $921,793 | $876,121 | $876,121iApproximate average salary by contribution assumption: employee only about $21,903,025 at 4% or $14,602,017 at 6%; with 50% employer match about $14,602,017 at 4% or $9,734,678 at 6%; with 100% employer match about $10,951,513 at 4% or $7,301,008 at 6%. |