Civic Intelligence

Michael D. Ricinak DBA True Wealth Advisory Group

Plan context: True Wealth Advisory Group Cash Balance Plan

EIN 94-3359822 • Walnut Creek, CA • 15 filings • 2 plans

1600 South Main Street, Suite 202Walnut Creek, CA 94596
Current Snapshot

Latest Year

2019

2019 Participants

1

2019 Assets

$2,956,267

2019 Contributions

$179,303

Historical Graphs

Total Assets Over Time

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

$2,956,267$1,478,134$0201220162019YearValue
$2,956,267Latest year 2019

Participants Over Time

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

210201220162019YearValue
1Latest year 2019

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
201921$2,956,267$179,303$179,303iApproximate average salary by contribution assumption: employee only about $4,482,575 at 4% or $2,988,383 at 6%; with 50% employer match about $2,988,383 at 4% or $1,992,256 at 6%; with 100% employer match about $2,241,288 at 4% or $1,494,192 at 6%.
True Wealth Advisory Group Cash Balance Plan-1$1,923,488$117,303$117,303iApproximate average salary by contribution assumption: employee only about $2,932,575 at 4% or $1,955,050 at 6%; with 50% employer match about $1,955,050 at 4% or $1,303,367 at 6%; with 100% employer match about $1,466,288 at 4% or $977,525 at 6%.
True Wealth Advisory Group 401(K) Plan-1$1,032,779$62,000$62,000iApproximate average salary by contribution assumption: employee only about $1,550,000 at 4% or $1,033,333 at 6%; with 50% employer match about $1,033,333 at 4% or $688,889 at 6%; with 100% employer match about $775,000 at 4% or $516,667 at 6%.
201822$2,615,160$430,015$215,008iApproximate average salary by contribution assumption: employee only about $5,375,188 at 4% or $3,583,458 at 6%; with 50% employer match about $3,583,458 at 4% or $2,388,972 at 6%; with 100% employer match about $2,687,594 at 4% or $1,791,729 at 6%.
True Wealth Advisory Group Cash Balance Plan-2$1,571,930$334,766$167,383iApproximate average salary by contribution assumption: employee only about $4,184,575 at 4% or $2,789,717 at 6%; with 50% employer match about $2,789,717 at 4% or $1,859,811 at 6%; with 100% employer match about $2,092,288 at 4% or $1,394,858 at 6%.
True Wealth Advisory Group 401(K) Plan-2$1,043,230$95,249$47,625iApproximate average salary by contribution assumption: employee only about $1,190,613 at 4% or $793,742 at 6%; with 50% employer match about $793,742 at 4% or $529,161 at 6%; with 100% employer match about $595,306 at 4% or $396,871 at 6%.
201722$2,392,365$241,239$120,620iApproximate average salary by contribution assumption: employee only about $3,015,488 at 4% or $2,010,325 at 6%; with 50% employer match about $2,010,325 at 4% or $1,340,217 at 6%; with 100% employer match about $1,507,744 at 4% or $1,005,163 at 6%.
True Wealth Advisory Group Cash Balance Plan-2$1,341,728$147,500$73,750iApproximate average salary by contribution assumption: employee only about $1,843,750 at 4% or $1,229,167 at 6%; with 50% employer match about $1,229,167 at 4% or $819,444 at 6%; with 100% employer match about $921,875 at 4% or $614,583 at 6%.
True Wealth Advisory Group 401(K) Plan-2$1,050,637$93,739$46,870iApproximate average salary by contribution assumption: employee only about $1,171,738 at 4% or $781,158 at 6%; with 50% employer match about $781,158 at 4% or $520,772 at 6%; with 100% employer match about $585,869 at 4% or $390,579 at 6%.
201622$1,857,007$384,733$192,367iApproximate average salary by contribution assumption: employee only about $4,809,163 at 4% or $3,206,108 at 6%; with 50% employer match about $3,206,108 at 4% or $2,137,406 at 6%; with 100% employer match about $2,404,581 at 4% or $1,603,054 at 6%.
True Wealth Advisory Group Cash Balance Plan-2$1,037,924$260,000$130,000iApproximate average salary by contribution assumption: employee only about $3,250,000 at 4% or $2,166,667 at 6%; with 50% employer match about $2,166,667 at 4% or $1,444,444 at 6%; with 100% employer match about $1,625,000 at 4% or $1,083,333 at 6%.
True Wealth Advisory Group 401(K) Plan-2$819,083$124,733$62,367iApproximate average salary by contribution assumption: employee only about $1,559,163 at 4% or $1,039,442 at 6%; with 50% employer match about $1,039,442 at 4% or $692,961 at 6%; with 100% employer match about $779,581 at 4% or $519,721 at 6%.
201522$1,325,876$342,062$171,031iApproximate average salary by contribution assumption: employee only about $4,275,775 at 4% or $2,850,517 at 6%; with 50% employer match about $2,850,517 at 4% or $1,900,344 at 6%; with 100% employer match about $2,137,888 at 4% or $1,425,258 at 6%.
True Wealth Advisory Group Cash Balance Plan-2$678,421$262,500$131,250iApproximate average salary by contribution assumption: employee only about $3,281,250 at 4% or $2,187,500 at 6%; with 50% employer match about $2,187,500 at 4% or $1,458,333 at 6%; with 100% employer match about $1,640,625 at 4% or $1,093,750 at 6%.
True Wealth Advisory Group 401(K) Plan-2$647,455$79,562$39,781iApproximate average salary by contribution assumption: employee only about $994,525 at 4% or $663,017 at 6%; with 50% employer match about $663,017 at 4% or $442,011 at 6%; with 100% employer match about $497,263 at 4% or $331,508 at 6%.
201422$1,004,123$317,122$158,561iApproximate average salary by contribution assumption: employee only about $3,964,025 at 4% or $2,642,683 at 6%; with 50% employer match about $2,642,683 at 4% or $1,761,789 at 6%; with 100% employer match about $1,982,013 at 4% or $1,321,342 at 6%.
True Wealth Advisory Group 401(K) Plan-2$573,416$77,122$38,561iApproximate average salary by contribution assumption: employee only about $964,025 at 4% or $642,683 at 6%; with 50% employer match about $642,683 at 4% or $428,456 at 6%; with 100% employer match about $482,013 at 4% or $321,342 at 6%.
True Wealth Advisory Group Cash Balance Plan-2$430,707$240,000$120,000iApproximate average salary by contribution assumption: employee only about $3,000,000 at 4% or $2,000,000 at 6%; with 50% employer match about $2,000,000 at 4% or $1,333,333 at 6%; with 100% employer match about $1,500,000 at 4% or $1,000,000 at 6%.
201322$645,446$533,871$266,936iApproximate average salary by contribution assumption: employee only about $6,673,388 at 4% or $4,448,925 at 6%; with 50% employer match about $4,448,925 at 4% or $2,965,950 at 6%; with 100% employer match about $3,336,694 at 4% or $2,224,463 at 6%.
True Wealth Advisory Group 401(K) Plan-2$466,789$366,430$183,215iApproximate average salary by contribution assumption: employee only about $4,580,375 at 4% or $3,053,583 at 6%; with 50% employer match about $3,053,583 at 4% or $2,035,722 at 6%; with 100% employer match about $2,290,188 at 4% or $1,526,792 at 6%.
True Wealth Advisory Group Cash Balance Plan-2$178,657$167,441$83,721iApproximate average salary by contribution assumption: employee only about $2,093,013 at 4% or $1,395,342 at 6%; with 50% employer match about $1,395,342 at 4% or $930,228 at 6%; with 100% employer match about $1,046,506 at 4% or $697,671 at 6%.
201211$38,225$36,639$36,639iApproximate average salary by contribution assumption: employee only about $915,975 at 4% or $610,650 at 6%; with 50% employer match about $610,650 at 4% or $407,100 at 6%; with 100% employer match about $457,988 at 4% or $305,325 at 6%.
True Wealth Advisory Group 401(K) Plan-1$38,225$36,639$36,639iApproximate average salary by contribution assumption: employee only about $915,975 at 4% or $610,650 at 6%; with 50% employer match about $610,650 at 4% or $407,100 at 6%; with 100% employer match about $457,988 at 4% or $305,325 at 6%.