Civic Intelligence

Herzer Financial Services Inc.

Plan context: Herzer Financial Services Inc. Profit Sharing/401(K) Plan

EIN 94-2162418 • Redwood City, CA • 38 filings • 7 plans

1779 Woodside Road Suite 201ARedwood City, CA 94061
Current Snapshot

Latest Year

2023

2023 Participants

3

2023 Assets

$6,731,902

2023 Contributions

$118,496

Historical Graphs

Total Assets Over Time

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

$7,731,655$3,865,828$0200420132022YearValue
$6,731,902Latest year 2022

Participants Over Time

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

530200420132022YearValue
3Latest year 2022

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
202320$0$0-
Herzer Financial Services Inc. Defined Benefit Plan-0---
Herzer Financial Services Inc. Profit Sharing/401(K) Plan-0---
202223$6,731,902$118,496$39,499iApproximate average salary by contribution assumption: employee only about $987,467 at 4% or $658,311 at 6%; with 50% employer match about $658,311 at 4% or $438,874 at 6%; with 100% employer match about $493,733 at 4% or $329,156 at 6%.
Herzer Financial Services Inc. Profit Sharing/401(K) Plan-0$3,581,793$118,496-
Herzer Financial Services Inc. Defined Benefit Plan-3$3,150,109--
202124$7,731,655$249,760$62,440iApproximate average salary by contribution assumption: employee only about $1,561,000 at 4% or $1,040,667 at 6%; with 50% employer match about $1,040,667 at 4% or $693,778 at 6%; with 100% employer match about $780,500 at 4% or $520,333 at 6%.
Herzer Financial Services Inc. Profit Sharing/401(K) Plan-4$4,361,430$249,760$62,440iApproximate average salary by contribution assumption: employee only about $1,561,000 at 4% or $1,040,667 at 6%; with 50% employer match about $1,040,667 at 4% or $693,778 at 6%; with 100% employer match about $780,500 at 4% or $520,333 at 6%.
Herzer Financial Services Inc. Defined Benefit Plan-4$3,370,225--
202025$6,825,484$573,308$114,662iApproximate average salary by contribution assumption: employee only about $2,866,540 at 4% or $1,911,027 at 6%; with 50% employer match about $1,911,027 at 4% or $1,274,018 at 6%; with 100% employer match about $1,433,270 at 4% or $955,513 at 6%.
Herzer Financial Services Inc. Profit Sharing/401(K) Plan-5$3,474,753$273,308$54,662iApproximate average salary by contribution assumption: employee only about $1,366,540 at 4% or $911,027 at 6%; with 50% employer match about $911,027 at 4% or $607,351 at 6%; with 100% employer match about $683,270 at 4% or $455,513 at 6%.
Herzer Financial Services Inc. Defined Benefit Plan-5$3,350,731$300,000$60,000iApproximate average salary by contribution assumption: employee only about $1,500,000 at 4% or $1,000,000 at 6%; with 50% employer match about $1,000,000 at 4% or $666,667 at 6%; with 100% employer match about $750,000 at 4% or $500,000 at 6%.
201925$5,408,889$713,392$142,678iApproximate average salary by contribution assumption: employee only about $3,566,960 at 4% or $2,377,973 at 6%; with 50% employer match about $2,377,973 at 4% or $1,585,316 at 6%; with 100% employer match about $1,783,480 at 4% or $1,188,987 at 6%.
Herzer Financial Services Inc. Profit Sharing/401(K) Plan-5$2,832,259$231,392$46,278iApproximate average salary by contribution assumption: employee only about $1,156,960 at 4% or $771,307 at 6%; with 50% employer match about $771,307 at 4% or $514,204 at 6%; with 100% employer match about $578,480 at 4% or $385,653 at 6%.
Herzer Financial Services Inc. Defined Benefit Plan-2$2,576,630$482,000$241,000iApproximate average salary by contribution assumption: employee only about $6,025,000 at 4% or $4,016,667 at 6%; with 50% employer match about $4,016,667 at 4% or $2,677,778 at 6%; with 100% employer match about $3,012,500 at 4% or $2,008,333 at 6%.
201825$4,849,708$793,239$158,648iApproximate average salary by contribution assumption: employee only about $3,966,195 at 4% or $2,644,130 at 6%; with 50% employer match about $2,644,130 at 4% or $1,762,753 at 6%; with 100% employer match about $1,983,097 at 4% or $1,322,065 at 6%.
Herzer Financial Services Inc. Profit Sharing/401(K) Plan-5$2,540,613$393,239$78,648iApproximate average salary by contribution assumption: employee only about $1,966,195 at 4% or $1,310,797 at 6%; with 50% employer match about $1,310,797 at 4% or $873,864 at 6%; with 100% employer match about $983,098 at 4% or $655,398 at 6%.
Herzer Financial Services Inc. Defined Benefit Plan-3$2,309,095$400,000$133,333iApproximate average salary by contribution assumption: employee only about $3,333,333 at 4% or $2,222,222 at 6%; with 50% employer match about $2,222,222 at 4% or $1,481,481 at 6%; with 100% employer match about $1,666,667 at 4% or $1,111,111 at 6%.
201735$5,641,102$1,108,285$221,657iApproximate average salary by contribution assumption: employee only about $5,541,425 at 4% or $3,694,283 at 6%; with 50% employer match about $3,694,283 at 4% or $2,462,856 at 6%; with 100% employer match about $2,770,713 at 4% or $1,847,142 at 6%.
Herzer Financial Services Inc. Profit Sharing/401(K) Plan-5$2,196,916$286,534$57,307iApproximate average salary by contribution assumption: employee only about $1,432,670 at 4% or $955,113 at 6%; with 50% employer match about $955,113 at 4% or $636,742 at 6%; with 100% employer match about $716,335 at 4% or $477,557 at 6%.
Herzer Financial Services Inc. Defined Benefit Plan-3$1,864,121$820,551$273,517iApproximate average salary by contribution assumption: employee only about $6,837,925 at 4% or $4,558,617 at 6%; with 50% employer match about $4,558,617 at 4% or $3,039,078 at 6%; with 100% employer match about $3,418,963 at 4% or $2,279,308 at 6%.
Herzer Financial Services Inc. Profit Sharing/401(K) Plan-4$1,580,065$1,200$300iApproximate average salary by contribution assumption: employee only about $7,500 at 4% or $5,000 at 6%; with 50% employer match about $5,000 at 4% or $3,333 at 6%; with 100% employer match about $3,750 at 4% or $2,500 at 6%.
201624$2,507,682$67,419$16,855iApproximate average salary by contribution assumption: employee only about $421,369 at 4% or $280,913 at 6%; with 50% employer match about $280,913 at 4% or $187,275 at 6%; with 100% employer match about $210,684 at 4% or $140,456 at 6%.
Herzer Financial Services Inc. Profit Sharing/401(K) Plan-4$1,584,485$67,419$16,855iApproximate average salary by contribution assumption: employee only about $421,369 at 4% or $280,913 at 6%; with 50% employer match about $280,913 at 4% or $187,275 at 6%; with 100% employer match about $210,684 at 4% or $140,456 at 6%.
Herzer Financial Services Inc. Defined Benefit Plan-3$923,197--
201524$2,231,722$623,503$155,876iApproximate average salary by contribution assumption: employee only about $3,896,894 at 4% or $2,597,929 at 6%; with 50% employer match about $2,597,929 at 4% or $1,731,953 at 6%; with 100% employer match about $1,948,447 at 4% or $1,298,965 at 6%.
Herzer Financial Services Inc. Profit Sharing/401(K) Plan-4$1,374,174$203,503$50,876iApproximate average salary by contribution assumption: employee only about $1,271,894 at 4% or $847,929 at 6%; with 50% employer match about $847,929 at 4% or $565,286 at 6%; with 100% employer match about $635,947 at 4% or $423,965 at 6%.
Herzer Financial Services Inc. Defined Benefit Plan-2$857,548$420,000$210,000iApproximate average salary by contribution assumption: employee only about $5,250,000 at 4% or $3,500,000 at 6%; with 50% employer match about $3,500,000 at 4% or $2,333,333 at 6%; with 100% employer match about $2,625,000 at 4% or $1,750,000 at 6%.
201424$1,631,034$248,102$62,026iApproximate average salary by contribution assumption: employee only about $1,550,638 at 4% or $1,033,758 at 6%; with 50% employer match about $1,033,758 at 4% or $689,172 at 6%; with 100% employer match about $775,319 at 4% or $516,879 at 6%.
Herzer Financial Services Inc. Profit Sharing/401(K) Plan-4$1,159,091$4,800$1,200iApproximate average salary by contribution assumption: employee only about $30,000 at 4% or $20,000 at 6%; with 50% employer match about $20,000 at 4% or $13,333 at 6%; with 100% employer match about $15,000 at 4% or $10,000 at 6%.
Herzer Financial Services Inc. Defined Benefit Plan-2$471,943$243,302$121,651iApproximate average salary by contribution assumption: employee only about $3,041,275 at 4% or $2,027,517 at 6%; with 50% employer match about $2,027,517 at 4% or $1,351,678 at 6%; with 100% employer match about $1,520,638 at 4% or $1,013,758 at 6%.
201324$1,178,752$268,800$67,200iApproximate average salary by contribution assumption: employee only about $1,680,000 at 4% or $1,120,000 at 6%; with 50% employer match about $1,120,000 at 4% or $746,667 at 6%; with 100% employer match about $840,000 at 4% or $560,000 at 6%.
Herzer Financial Services Inc. Profit Sharing/401(K) Plan-4$958,752$48,800$12,200iApproximate average salary by contribution assumption: employee only about $305,000 at 4% or $203,333 at 6%; with 50% employer match about $203,333 at 4% or $135,556 at 6%; with 100% employer match about $152,500 at 4% or $101,667 at 6%.
Herzer Financial Services Inc. Defined Benefit Plan-2$220,000$220,000$110,000iApproximate average salary by contribution assumption: employee only about $2,750,000 at 4% or $1,833,333 at 6%; with 50% employer match about $1,833,333 at 4% or $1,222,222 at 6%; with 100% employer match about $1,375,000 at 4% or $916,667 at 6%.
201214$903,407$152,773$38,193iApproximate average salary by contribution assumption: employee only about $954,831 at 4% or $636,554 at 6%; with 50% employer match about $636,554 at 4% or $424,369 at 6%; with 100% employer match about $477,416 at 4% or $318,277 at 6%.
Herzer Financial Services Inc. Profit Sharing/401(K) Plan-4$903,407$152,773$38,193iApproximate average salary by contribution assumption: employee only about $954,831 at 4% or $636,554 at 6%; with 50% employer match about $636,554 at 4% or $424,369 at 6%; with 100% employer match about $477,416 at 4% or $318,277 at 6%.
201114$709,644$43,757$10,939iApproximate average salary by contribution assumption: employee only about $273,481 at 4% or $182,321 at 6%; with 50% employer match about $182,321 at 4% or $121,547 at 6%; with 100% employer match about $136,741 at 4% or $91,160 at 6%.
Herzer Financial Services Inc. Profit Sharing/401(K) Plan-4$709,644$43,757$10,939iApproximate average salary by contribution assumption: employee only about $273,481 at 4% or $182,321 at 6%; with 50% employer match about $182,321 at 4% or $121,547 at 6%; with 100% employer match about $136,741 at 4% or $91,160 at 6%.
201014$706,861$0-
Herzer Financial Services Inc. Profit Sharing/401(K) Plan-4$706,861--
200922$661,153$600,047$300,024iApproximate average salary by contribution assumption: employee only about $7,500,588 at 4% or $5,000,392 at 6%; with 50% employer match about $5,000,392 at 4% or $3,333,594 at 6%; with 100% employer match about $3,750,294 at 4% or $2,500,196 at 6%.
Herzer Financial Services Inc. Profit Sharing/401(K) Plan-2$661,153$600,047$300,024iApproximate average salary by contribution assumption: employee only about $7,500,588 at 4% or $5,000,392 at 6%; with 50% employer match about $5,000,392 at 4% or $3,333,594 at 6%; with 100% employer match about $3,750,294 at 4% or $2,500,196 at 6%.
Herzer Financial Services Inc. Defined Benefit Pension Plan-0---
200824$947,315$189,697$47,424iApproximate average salary by contribution assumption: employee only about $1,185,606 at 4% or $790,404 at 6%; with 50% employer match about $790,404 at 4% or $526,936 at 6%; with 100% employer match about $592,803 at 4% or $395,202 at 6%.
Herzer Financial Services Inc. Defined Benefit Pension Plan-2$598,847$125,000$62,500iApproximate average salary by contribution assumption: employee only about $1,562,500 at 4% or $1,041,667 at 6%; with 50% employer match about $1,041,667 at 4% or $694,444 at 6%; with 100% employer match about $781,250 at 4% or $520,833 at 6%.
Herzer Financial Services Inc. Profit Sharing/401(K) Plan-4$348,468$64,697$16,174iApproximate average salary by contribution assumption: employee only about $404,356 at 4% or $269,571 at 6%; with 50% employer match about $269,571 at 4% or $179,714 at 6%; with 100% employer match about $202,178 at 4% or $134,785 at 6%.
200724$776,572$248,825$62,206iApproximate average salary by contribution assumption: employee only about $1,555,156 at 4% or $1,036,771 at 6%; with 50% employer match about $1,036,771 at 4% or $691,181 at 6%; with 100% employer match about $777,578 at 4% or $518,385 at 6%.
Herzer Financial Services Inc. Defined Benefit Pension Plan-2$473,211$170,000$85,000iApproximate average salary by contribution assumption: employee only about $2,125,000 at 4% or $1,416,667 at 6%; with 50% employer match about $1,416,667 at 4% or $944,444 at 6%; with 100% employer match about $1,062,500 at 4% or $708,333 at 6%.
Herzer Financial Services Inc. Profit Sharing/401(K) Plan-4$303,361$78,825$19,706iApproximate average salary by contribution assumption: employee only about $492,656 at 4% or $328,438 at 6%; with 50% employer match about $328,438 at 4% or $218,958 at 6%; with 100% employer match about $246,328 at 4% or $164,219 at 6%.
200624$516,212$177,930$44,483iApproximate average salary by contribution assumption: employee only about $1,112,063 at 4% or $741,375 at 6%; with 50% employer match about $741,375 at 4% or $494,250 at 6%; with 100% employer match about $556,031 at 4% or $370,688 at 6%.
Herzer Financial Services Inc. Defined Benefit Pension Plan-2$305,184$99,479$49,740iApproximate average salary by contribution assumption: employee only about $1,243,488 at 4% or $828,992 at 6%; with 50% employer match about $828,992 at 4% or $552,661 at 6%; with 100% employer match about $621,744 at 4% or $414,496 at 6%.
Herzer Financial Services Inc. Profit Sharing/401(K) Plan-4$211,028$78,451$19,613iApproximate average salary by contribution assumption: employee only about $490,319 at 4% or $326,879 at 6%; with 50% employer match about $326,879 at 4% or $217,919 at 6%; with 100% employer match about $245,159 at 4% or $163,440 at 6%.
200524$314,525$144,246$36,062iApproximate average salary by contribution assumption: employee only about $901,538 at 4% or $601,025 at 6%; with 50% employer match about $601,025 at 4% or $400,683 at 6%; with 100% employer match about $450,769 at 4% or $300,513 at 6%.
Herzer Financial Services Inc. Defined Benefit Pension Plan-2$192,576$81,531$40,766iApproximate average salary by contribution assumption: employee only about $1,019,138 at 4% or $679,425 at 6%; with 50% employer match about $679,425 at 4% or $452,950 at 6%; with 100% employer match about $509,569 at 4% or $339,713 at 6%.
Herzer Financial Services Inc. Profit Sharing/401(K) Plan-4$121,949$62,715$15,679iApproximate average salary by contribution assumption: employee only about $391,969 at 4% or $261,313 at 6%; with 50% employer match about $261,313 at 4% or $174,208 at 6%; with 100% employer match about $195,984 at 4% or $130,656 at 6%.
200424$160,642$158,068$39,517iApproximate average salary by contribution assumption: employee only about $987,925 at 4% or $658,617 at 6%; with 50% employer match about $658,617 at 4% or $439,078 at 6%; with 100% employer match about $493,963 at 4% or $329,308 at 6%.
Herzer Financial Services Inc. Defined Benefit Pension Plan-2$105,893$105,000$52,500iApproximate average salary by contribution assumption: employee only about $1,312,500 at 4% or $875,000 at 6%; with 50% employer match about $875,000 at 4% or $583,333 at 6%; with 100% employer match about $656,250 at 4% or $437,500 at 6%.
Herzer Financial Services Inc. Profit Sharing/401(K) Plan-4$54,749$53,068$13,267iApproximate average salary by contribution assumption: employee only about $331,675 at 4% or $221,117 at 6%; with 50% employer match about $221,117 at 4% or $147,411 at 6%; with 100% employer match about $165,838 at 4% or $110,558 at 6%.