Civic Intelligence

Formit Incorporated

Plan context: Formit Inc. 401K Profit Sharing Plan

EIN 93-0678589 • Portland, OR • 23 filings • 3 plans

3747 NE Sandy BlvdPortland, OR 97232-2546
Current Snapshot

Latest Year

2021

2021 Participants

62

2021 Assets

$3,770,911

2021 Contributions

$167,823

Historical Graphs

Total Assets Over Time

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

$3,770,911$1,885,456$0199920112020YearValue
$3,770,911Latest year 2020

Participants Over Time

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

62310199920102020YearValue
62Latest year 2020

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
202110$0$167,823-
Formit Inc. 401K Profit Sharing Plan-0$0$167,823-
2020162$3,770,911$279,202$4,503iApproximate average salary by contribution assumption: employee only about $112,581 at 4% or $75,054 at 6%; with 50% employer match about $75,054 at 4% or $50,036 at 6%; with 100% employer match about $56,291 at 4% or $37,527 at 6%.
Formit Inc. 401K Profit Sharing Plan-62$3,770,911$279,202$4,503iApproximate average salary by contribution assumption: employee only about $112,581 at 4% or $75,054 at 6%; with 50% employer match about $75,054 at 4% or $50,036 at 6%; with 100% employer match about $56,291 at 4% or $37,527 at 6%.
2019158$3,261,057$453,630$7,821iApproximate average salary by contribution assumption: employee only about $195,530 at 4% or $130,353 at 6%; with 50% employer match about $130,353 at 4% or $86,902 at 6%; with 100% employer match about $97,765 at 4% or $65,177 at 6%.
Formit Inc. 401K Profit Sharing Plan-58$3,261,057$453,630$7,821iApproximate average salary by contribution assumption: employee only about $195,530 at 4% or $130,353 at 6%; with 50% employer match about $130,353 at 4% or $86,902 at 6%; with 100% employer match about $97,765 at 4% or $65,177 at 6%.
2018127$2,553,485$331,948$12,294iApproximate average salary by contribution assumption: employee only about $307,359 at 4% or $204,906 at 6%; with 50% employer match about $204,906 at 4% or $136,604 at 6%; with 100% employer match about $153,680 at 4% or $102,453 at 6%.
Formit Inc. 401K Profit Sharing Plan-27$2,553,485$331,948$12,294iApproximate average salary by contribution assumption: employee only about $307,359 at 4% or $204,906 at 6%; with 50% employer match about $204,906 at 4% or $136,604 at 6%; with 100% employer match about $153,680 at 4% or $102,453 at 6%.
2017139$2,655,189$383,953$9,845iApproximate average salary by contribution assumption: employee only about $246,124 at 4% or $164,082 at 6%; with 50% employer match about $164,082 at 4% or $109,388 at 6%; with 100% employer match about $123,062 at 4% or $82,041 at 6%.
Formit Inc. 401K Profit Sharing Plan-39$2,655,189$383,953$9,845iApproximate average salary by contribution assumption: employee only about $246,124 at 4% or $164,082 at 6%; with 50% employer match about $164,082 at 4% or $109,388 at 6%; with 100% employer match about $123,062 at 4% or $82,041 at 6%.
2016134$1,966,107$266,809$7,847iApproximate average salary by contribution assumption: employee only about $196,183 at 4% or $130,789 at 6%; with 50% employer match about $130,789 at 4% or $87,192 at 6%; with 100% employer match about $98,092 at 4% or $65,394 at 6%.
Formit Inc. 401K Profit Sharing Plan-34$1,966,107$266,809$7,847iApproximate average salary by contribution assumption: employee only about $196,183 at 4% or $130,789 at 6%; with 50% employer match about $130,789 at 4% or $87,192 at 6%; with 100% employer match about $98,092 at 4% or $65,394 at 6%.
2015127$1,584,078$258,114$9,560iApproximate average salary by contribution assumption: employee only about $238,994 at 4% or $159,330 at 6%; with 50% employer match about $159,330 at 4% or $106,220 at 6%; with 100% employer match about $119,497 at 4% or $79,665 at 6%.
Formit Inc. 401K Profit Sharing Plan-27$1,584,078$258,114$9,560iApproximate average salary by contribution assumption: employee only about $238,994 at 4% or $159,330 at 6%; with 50% employer match about $159,330 at 4% or $106,220 at 6%; with 100% employer match about $119,497 at 4% or $79,665 at 6%.
2014126$1,345,333$215,136$8,274iApproximate average salary by contribution assumption: employee only about $206,862 at 4% or $137,908 at 6%; with 50% employer match about $137,908 at 4% or $91,938 at 6%; with 100% employer match about $103,431 at 4% or $68,954 at 6%.
Formit Inc. 401K Profit Sharing Plan-26$1,345,333$215,136$8,274iApproximate average salary by contribution assumption: employee only about $206,862 at 4% or $137,908 at 6%; with 50% employer match about $137,908 at 4% or $91,938 at 6%; with 100% employer match about $103,431 at 4% or $68,954 at 6%.
2013127$1,077,428$163,143$6,042iApproximate average salary by contribution assumption: employee only about $151,058 at 4% or $100,706 at 6%; with 50% employer match about $100,706 at 4% or $67,137 at 6%; with 100% employer match about $75,529 at 4% or $50,353 at 6%.
Formit Inc. 401K Profit Sharing Plan-27$1,077,428$163,143$6,042iApproximate average salary by contribution assumption: employee only about $151,058 at 4% or $100,706 at 6%; with 50% employer match about $100,706 at 4% or $67,137 at 6%; with 100% employer match about $75,529 at 4% or $50,353 at 6%.
2012121$1,082,830$141,540$6,740iApproximate average salary by contribution assumption: employee only about $168,500 at 4% or $112,333 at 6%; with 50% employer match about $112,333 at 4% or $74,889 at 6%; with 100% employer match about $84,250 at 4% or $56,167 at 6%.
Formit Inc. 401K Profit Sharing Plan-21$1,082,830$141,540$6,740iApproximate average salary by contribution assumption: employee only about $168,500 at 4% or $112,333 at 6%; with 50% employer match about $112,333 at 4% or $74,889 at 6%; with 100% employer match about $84,250 at 4% or $56,167 at 6%.
2011115$1,067,105$109,650$7,310iApproximate average salary by contribution assumption: employee only about $182,750 at 4% or $121,833 at 6%; with 50% employer match about $121,833 at 4% or $81,222 at 6%; with 100% employer match about $91,375 at 4% or $60,917 at 6%.
Formit Inc. 401K Profit Sharing Plan-15$1,067,105$109,650$7,310iApproximate average salary by contribution assumption: employee only about $182,750 at 4% or $121,833 at 6%; with 50% employer match about $121,833 at 4% or $81,222 at 6%; with 100% employer match about $91,375 at 4% or $60,917 at 6%.
2010112$1,201,136$170,559$14,213iApproximate average salary by contribution assumption: employee only about $355,331 at 4% or $236,888 at 6%; with 50% employer match about $236,888 at 4% or $157,925 at 6%; with 100% employer match about $177,666 at 4% or $118,444 at 6%.
Formit Inc. 401K Profit Sharing Plan-12$1,201,136$170,559$14,213iApproximate average salary by contribution assumption: employee only about $355,331 at 4% or $236,888 at 6%; with 50% employer match about $236,888 at 4% or $157,925 at 6%; with 100% employer match about $177,666 at 4% or $118,444 at 6%.
2009114$890,721$177,281$12,663iApproximate average salary by contribution assumption: employee only about $316,573 at 4% or $211,049 at 6%; with 50% employer match about $211,049 at 4% or $140,699 at 6%; with 100% employer match about $158,287 at 4% or $105,524 at 6%.
Formit Inc. 401K Profit Sharing Plan-14$890,721$177,281$12,663iApproximate average salary by contribution assumption: employee only about $316,573 at 4% or $211,049 at 6%; with 50% employer match about $211,049 at 4% or $140,699 at 6%; with 100% employer match about $158,287 at 4% or $105,524 at 6%.
2008111$838,577$300,313$27,301iApproximate average salary by contribution assumption: employee only about $682,530 at 4% or $455,020 at 6%; with 50% employer match about $455,020 at 4% or $303,346 at 6%; with 100% employer match about $341,265 at 4% or $227,510 at 6%.
Formit Inc. 401K Profit Sharing Plan-11$838,577$300,313$27,301iApproximate average salary by contribution assumption: employee only about $682,530 at 4% or $455,020 at 6%; with 50% employer match about $455,020 at 4% or $303,346 at 6%; with 100% employer match about $341,265 at 4% or $227,510 at 6%.
200718$0$0-
Formit Inc. 401K Profit Sharing Plan-8---
200618$2,036,496$149,653$18,707iApproximate average salary by contribution assumption: employee only about $467,666 at 4% or $311,777 at 6%; with 50% employer match about $311,777 at 4% or $207,851 at 6%; with 100% employer match about $233,833 at 4% or $155,889 at 6%.
Formit Inc. 401K Profit Sharing Plan-8$2,036,496$149,653$18,707iApproximate average salary by contribution assumption: employee only about $467,666 at 4% or $311,777 at 6%; with 50% employer match about $311,777 at 4% or $207,851 at 6%; with 100% employer match about $233,833 at 4% or $155,889 at 6%.
200519$1,601,847$120,606$13,401iApproximate average salary by contribution assumption: employee only about $335,017 at 4% or $223,344 at 6%; with 50% employer match about $223,344 at 4% or $148,896 at 6%; with 100% employer match about $167,508 at 4% or $111,672 at 6%.
Formit Inc. 401K Profit Sharing Plan-9$1,601,847$120,606$13,401iApproximate average salary by contribution assumption: employee only about $335,017 at 4% or $223,344 at 6%; with 50% employer match about $223,344 at 4% or $148,896 at 6%; with 100% employer match about $167,508 at 4% or $111,672 at 6%.
200419$1,293,072$112,357$12,484iApproximate average salary by contribution assumption: employee only about $312,103 at 4% or $208,069 at 6%; with 50% employer match about $208,069 at 4% or $138,712 at 6%; with 100% employer match about $156,051 at 4% or $104,034 at 6%.
Formit Inc. 401K Profit Sharing Plan-9$1,293,072$112,357$12,484iApproximate average salary by contribution assumption: employee only about $312,103 at 4% or $208,069 at 6%; with 50% employer match about $208,069 at 4% or $138,712 at 6%; with 100% employer match about $156,051 at 4% or $104,034 at 6%.
200319$995,965$117,545$13,061iApproximate average salary by contribution assumption: employee only about $326,514 at 4% or $217,676 at 6%; with 50% employer match about $217,676 at 4% or $145,117 at 6%; with 100% employer match about $163,257 at 4% or $108,838 at 6%.
Formit Inc. 401K Profit Sharing Plan-9$995,965$117,545$13,061iApproximate average salary by contribution assumption: employee only about $326,514 at 4% or $217,676 at 6%; with 50% employer match about $217,676 at 4% or $145,117 at 6%; with 100% employer match about $163,257 at 4% or $108,838 at 6%.
200216$690,837$94,708$15,785iApproximate average salary by contribution assumption: employee only about $394,617 at 4% or $263,078 at 6%; with 50% employer match about $263,078 at 4% or $175,385 at 6%; with 100% employer match about $197,308 at 4% or $131,539 at 6%.
Formit Inc. 401K Profit Sharing Plan-6$690,837$94,708$15,785iApproximate average salary by contribution assumption: employee only about $394,617 at 4% or $263,078 at 6%; with 50% employer match about $263,078 at 4% or $175,385 at 6%; with 100% employer match about $197,308 at 4% or $131,539 at 6%.
200115$0$0-
Formit Inc. 401K Profit Sharing Plan-5---
200016$675,586$65,239$10,873iApproximate average salary by contribution assumption: employee only about $271,829 at 4% or $181,219 at 6%; with 50% employer match about $181,219 at 4% or $120,813 at 6%; with 100% employer match about $135,915 at 4% or $90,610 at 6%.
Formit Inc. 401K Profit Sharing Plan-6$675,586$65,239$10,873iApproximate average salary by contribution assumption: employee only about $271,829 at 4% or $181,219 at 6%; with 50% employer match about $181,219 at 4% or $120,813 at 6%; with 100% employer match about $135,915 at 4% or $90,610 at 6%.
199916$727,270$49,750$8,292iApproximate average salary by contribution assumption: employee only about $207,292 at 4% or $138,194 at 6%; with 50% employer match about $138,194 at 4% or $92,130 at 6%; with 100% employer match about $103,646 at 4% or $69,097 at 6%.
Formit Inc. 401K Profit Sharing Plan-6$727,270$49,750$8,292iApproximate average salary by contribution assumption: employee only about $207,292 at 4% or $138,194 at 6%; with 50% employer match about $138,194 at 4% or $92,130 at 6%; with 100% employer match about $103,646 at 4% or $69,097 at 6%.