Somerset Holdings Group LLC
Plan context: Somerset Holdings Group LLC Cash Balance Plan
EIN 94-3409491 • Portland, OR • 29 filings • 7 plans
Current Snapshot
Latest Year
2024
2024 Participants
7
2024 Assets
$2,720,784
2024 Contributions
$330,336
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 | 3 | 7 | $2,720,784 | $330,336 | $47,191iApproximate average salary by contribution assumption: employee only about $1,179,771 at 4% or $786,514 at 6%; with 50% employer match about $786,514 at 4% or $524,343 at 6%; with 100% employer match about $589,886 at 4% or $393,257 at 6%. |
| Somerset Holdings Group LLC Cash Balance Plan | - | 7 | $1,334,401 | $51,000 | $7,286iApproximate average salary by contribution assumption: employee only about $182,143 at 4% or $121,429 at 6%; with 50% employer match about $121,429 at 4% or $80,952 at 6%; with 100% employer match about $91,071 at 4% or $60,714 at 6%. |
| SOMERSET HOLDINGS GROUP LLC 401(K) PLAN | - | 7 | $794,675 | $224,336 | $32,048iApproximate average salary by contribution assumption: employee only about $801,200 at 4% or $534,133 at 6%; with 50% employer match about $534,133 at 4% or $356,089 at 6%; with 100% employer match about $400,600 at 4% or $267,067 at 6%. |
| Somerset Holdings Group LLC Defined Benefit Plan | - | 6 | $591,708 | $55,000 | $9,167iApproximate average salary by contribution assumption: employee only about $229,167 at 4% or $152,778 at 6%; with 50% employer match about $152,778 at 4% or $101,852 at 6%; with 100% employer match about $114,583 at 4% or $76,389 at 6%. |
| 2023 | 3 | 5 | $1,889,731 | $120,964 | $24,193iApproximate average salary by contribution assumption: employee only about $604,820 at 4% or $403,213 at 6%; with 50% employer match about $403,213 at 4% or $268,809 at 6%; with 100% employer match about $302,410 at 4% or $201,607 at 6%. |
| Somerset Holdings Group LLC Cash Balance Plan | - | 5 | $930,947 | - | - |
| Somerset Holdings Group LLC Defined Benefit Plan | - | 5 | $483,199 | $0 | - |
| SOMERSET HOLDINGS GROUP LLC 401(K) PLAN | - | 5 | $475,585 | $120,964 | $24,193iApproximate average salary by contribution assumption: employee only about $604,820 at 4% or $403,213 at 6%; with 50% employer match about $403,213 at 4% or $268,809 at 6%; with 100% employer match about $302,410 at 4% or $201,607 at 6%. |
| 2022 | 3 | 6 | $1,693,011 | $527,295 | $87,883iApproximate average salary by contribution assumption: employee only about $2,197,063 at 4% or $1,464,708 at 6%; with 50% employer match about $1,464,708 at 4% or $976,472 at 6%; with 100% employer match about $1,098,531 at 4% or $732,354 at 6%. |
| SOMERSET HOLDINGS GROUP LLC 401(K) PLAN | - | 4 | $802,390 | $124,352 | $31,088iApproximate average salary by contribution assumption: employee only about $777,200 at 4% or $518,133 at 6%; with 50% employer match about $518,133 at 4% or $345,422 at 6%; with 100% employer match about $388,600 at 4% or $259,067 at 6%. |
| Somerset Holdings Group LLC Cash Balance Plan | - | 5 | $577,304 | $393,818 | $78,764iApproximate average salary by contribution assumption: employee only about $1,969,090 at 4% or $1,312,727 at 6%; with 50% employer match about $1,312,727 at 4% or $875,151 at 6%; with 100% employer match about $984,545 at 4% or $656,363 at 6%. |
| Somerset Holdings Group LLC Defined Benefit Plan | - | 6 | $313,317 | $9,125 | $1,521iApproximate average salary by contribution assumption: employee only about $38,021 at 4% or $25,347 at 6%; with 50% employer match about $25,347 at 4% or $16,898 at 6%; with 100% employer match about $19,010 at 4% or $12,674 at 6%. |
| 2021 | 3 | 6 | $2,171,034 | $300,142 | $50,024iApproximate average salary by contribution assumption: employee only about $1,250,592 at 4% or $833,728 at 6%; with 50% employer match about $833,728 at 4% or $555,819 at 6%; with 100% employer match about $625,296 at 4% or $416,864 at 6%. |
| SOMERSET HOLDINGS GROUP LLC 401(K) PLAN | - | 5 | $805,940 | $101,243 | $20,249iApproximate average salary by contribution assumption: employee only about $506,215 at 4% or $337,477 at 6%; with 50% employer match about $337,477 at 4% or $224,984 at 6%; with 100% employer match about $253,107 at 4% or $168,738 at 6%. |
| Somerset Holdings Group LLC Cash Balance Plan | - | 5 | $729,944 | $198,899 | $39,780iApproximate average salary by contribution assumption: employee only about $994,495 at 4% or $662,997 at 6%; with 50% employer match about $662,997 at 4% or $441,998 at 6%; with 100% employer match about $497,248 at 4% or $331,498 at 6%. |
| Somerset Holdings Group LLC Defined Benefit Plan | - | 6 | $635,150 | $0 | - |
| 2020 | 3 | 6 | $1,793,731 | $783,432 | $130,572iApproximate average salary by contribution assumption: employee only about $3,264,300 at 4% or $2,176,200 at 6%; with 50% employer match about $2,176,200 at 4% or $1,450,800 at 6%; with 100% employer match about $1,632,150 at 4% or $1,088,100 at 6%. |
| Somerset Holdings Group LLC Defined Benefit Plan | - | 6 | $743,344 | $500,000 | $83,333iApproximate average salary by contribution assumption: employee only about $2,083,333 at 4% or $1,388,889 at 6%; with 50% employer match about $1,388,889 at 4% or $925,926 at 6%; with 100% employer match about $1,041,667 at 4% or $694,444 at 6%. |
| SOMERSET HOLDINGS GROUP LLC 401(K) PLAN | - | 5 | $638,617 | $113,052 | $22,610iApproximate average salary by contribution assumption: employee only about $565,260 at 4% or $376,840 at 6%; with 50% employer match about $376,840 at 4% or $251,227 at 6%; with 100% employer match about $282,630 at 4% or $188,420 at 6%. |
| Somerset Holdings Group LLC Cash Balance Plan | - | 5 | $411,770 | $170,380 | $34,076iApproximate average salary by contribution assumption: employee only about $851,900 at 4% or $567,933 at 6%; with 50% employer match about $567,933 at 4% or $378,622 at 6%; with 100% employer match about $425,950 at 4% or $283,967 at 6%. |
| 2019 | 3 | 8 | $926,893 | $225,043 | $28,130iApproximate average salary by contribution assumption: employee only about $703,259 at 4% or $468,840 at 6%; with 50% employer match about $468,840 at 4% or $312,560 at 6%; with 100% employer match about $351,630 at 4% or $234,420 at 6%. |
| SOMERSET HOLDINGS GROUP LLC 401(K) PLAN | - | 8 | $571,661 | $70,643 | $8,830iApproximate average salary by contribution assumption: employee only about $220,759 at 4% or $147,173 at 6%; with 50% employer match about $147,173 at 4% or $98,115 at 6%; with 100% employer match about $110,380 at 4% or $73,586 at 6%. |
| Somerset Holdings Group LLC Defined Benefit Plan | - | 6 | $200,832 | $0 | - |
| Somerset Holdings Group LLC Cash Balance Plan | - | 5 | $154,400 | $154,400 | $30,880iApproximate average salary by contribution assumption: employee only about $772,000 at 4% or $514,667 at 6%; with 50% employer match about $514,667 at 4% or $343,111 at 6%; with 100% employer match about $386,000 at 4% or $257,333 at 6%. |
| 2018 | 1 | 6 | $1,174,000 | $256,276 | $42,713iApproximate average salary by contribution assumption: employee only about $1,067,817 at 4% or $711,878 at 6%; with 50% employer match about $711,878 at 4% or $474,585 at 6%; with 100% employer match about $533,908 at 4% or $355,939 at 6%. |
| Somerset Holdings Group LLC Defined Benefit Plan | - | 6 | $1,174,000 | $256,276 | $42,713iApproximate average salary by contribution assumption: employee only about $1,067,817 at 4% or $711,878 at 6%; with 50% employer match about $711,878 at 4% or $474,585 at 6%; with 100% employer match about $533,908 at 4% or $355,939 at 6%. |
| 2017 | 1 | 6 | $917,724 | $255,571 | $42,595iApproximate average salary by contribution assumption: employee only about $1,064,879 at 4% or $709,919 at 6%; with 50% employer match about $709,919 at 4% or $473,280 at 6%; with 100% employer match about $532,440 at 4% or $354,960 at 6%. |
| Somerset Holdings Group LLC Defined Benefit Plan | - | 6 | $917,724 | $255,571 | $42,595iApproximate average salary by contribution assumption: employee only about $1,064,879 at 4% or $709,919 at 6%; with 50% employer match about $709,919 at 4% or $473,280 at 6%; with 100% employer match about $532,440 at 4% or $354,960 at 6%. |
| 2016 | 1 | 13 | $651,494 | $76,181 | $5,860iApproximate average salary by contribution assumption: employee only about $146,502 at 4% or $97,668 at 6%; with 50% employer match about $97,668 at 4% or $65,112 at 6%; with 100% employer match about $73,251 at 4% or $48,834 at 6%. |
| SOMERSET HOLDINGS GROUP, LLC 401(K) PLAN | - | 13 | $651,494 | $76,181 | $5,860iApproximate average salary by contribution assumption: employee only about $146,502 at 4% or $97,668 at 6%; with 50% employer match about $97,668 at 4% or $65,112 at 6%; with 100% employer match about $73,251 at 4% or $48,834 at 6%. |
| 2015 | 1 | 12 | $554,267 | $77,838 | $6,487iApproximate average salary by contribution assumption: employee only about $162,163 at 4% or $108,108 at 6%; with 50% employer match about $108,108 at 4% or $72,072 at 6%; with 100% employer match about $81,081 at 4% or $54,054 at 6%. |
| SOMERSET HOLDINGS GROUP, LLC 401(K) PLAN | - | 12 | $554,267 | $77,838 | $6,487iApproximate average salary by contribution assumption: employee only about $162,163 at 4% or $108,108 at 6%; with 50% employer match about $108,108 at 4% or $72,072 at 6%; with 100% employer match about $81,081 at 4% or $54,054 at 6%. |
| 2014 | 1 | 12 | $459,514 | $55,204 | $4,600iApproximate average salary by contribution assumption: employee only about $115,008 at 4% or $76,672 at 6%; with 50% employer match about $76,672 at 4% or $51,115 at 6%; with 100% employer match about $57,504 at 4% or $38,336 at 6%. |
| SOMERSET HOLDINGS GROUP, LLC 401(K) PLAN | - | 12 | $459,514 | $55,204 | $4,600iApproximate average salary by contribution assumption: employee only about $115,008 at 4% or $76,672 at 6%; with 50% employer match about $76,672 at 4% or $51,115 at 6%; with 100% employer match about $57,504 at 4% or $38,336 at 6%. |
| 2013 | 1 | 10 | $384,423 | $105,467 | $10,547iApproximate average salary by contribution assumption: employee only about $263,668 at 4% or $175,778 at 6%; with 50% employer match about $175,778 at 4% or $117,186 at 6%; with 100% employer match about $131,834 at 4% or $87,889 at 6%. |
| SOMERSET HOLDINGS GROUP, LLC 401(K) PLAN | - | 10 | $384,423 | $105,467 | $10,547iApproximate average salary by contribution assumption: employee only about $263,668 at 4% or $175,778 at 6%; with 50% employer match about $175,778 at 4% or $117,186 at 6%; with 100% employer match about $131,834 at 4% or $87,889 at 6%. |
| 2012 | 1 | 8 | $367,433 | $114,767 | $14,346iApproximate average salary by contribution assumption: employee only about $358,647 at 4% or $239,098 at 6%; with 50% employer match about $239,098 at 4% or $159,399 at 6%; with 100% employer match about $179,323 at 4% or $119,549 at 6%. |
| HAMLIN FINANCIAL & INSURANCE SERVICES 401(K) RETIREMENT PLAN | - | 8 | $367,433 | $114,767 | $14,346iApproximate average salary by contribution assumption: employee only about $358,647 at 4% or $239,098 at 6%; with 50% employer match about $239,098 at 4% or $159,399 at 6%; with 100% employer match about $179,323 at 4% or $119,549 at 6%. |
| 2011 | 1 | 7 | $223,024 | $101,236 | $14,462iApproximate average salary by contribution assumption: employee only about $361,557 at 4% or $241,038 at 6%; with 50% employer match about $241,038 at 4% or $160,692 at 6%; with 100% employer match about $180,779 at 4% or $120,519 at 6%. |
| HAMLIN FINANCIAL & INSURANCE SERVICES 401(K) RETIREMENT PLAN | - | 7 | $223,024 | $101,236 | $14,462iApproximate average salary by contribution assumption: employee only about $361,557 at 4% or $241,038 at 6%; with 50% employer match about $241,038 at 4% or $160,692 at 6%; with 100% employer match about $180,779 at 4% or $120,519 at 6%. |
| 2010 | 1 | 7 | $127,535 | $43,385 | $6,198iApproximate average salary by contribution assumption: employee only about $154,946 at 4% or $103,298 at 6%; with 50% employer match about $103,298 at 4% or $68,865 at 6%; with 100% employer match about $77,473 at 4% or $51,649 at 6%. |
| HAMLIN FINANCIAL AND INSURANCE SERVICES 401K RETIREMENT PLAN | - | 7 | $127,535 | $43,385 | $6,198iApproximate average salary by contribution assumption: employee only about $154,946 at 4% or $103,298 at 6%; with 50% employer match about $103,298 at 4% or $68,865 at 6%; with 100% employer match about $77,473 at 4% or $51,649 at 6%. |
| 2009 | 1 | 6 | $74,192 | $36,278 | $6,046iApproximate average salary by contribution assumption: employee only about $151,158 at 4% or $100,772 at 6%; with 50% employer match about $100,772 at 4% or $67,181 at 6%; with 100% employer match about $75,579 at 4% or $50,386 at 6%. |
| HAMLIN FINANCIAL AND INSURANCE SERVICES 401K RETIREMENT PLAN | - | 6 | $74,192 | $36,278 | $6,046iApproximate average salary by contribution assumption: employee only about $151,158 at 4% or $100,772 at 6%; with 50% employer match about $100,772 at 4% or $67,181 at 6%; with 100% employer match about $75,579 at 4% or $50,386 at 6%. |
| 2008 | 1 | 2 | $25,823 | $30,564 | $15,282iApproximate average salary by contribution assumption: employee only about $382,050 at 4% or $254,700 at 6%; with 50% employer match about $254,700 at 4% or $169,800 at 6%; with 100% employer match about $191,025 at 4% or $127,350 at 6%. |
| HAMLIN FINANCIAL & INSURANCE SERVICES 401K RETIREMENT PLAN | - | 2 | $25,823 | $30,564 | $15,282iApproximate average salary by contribution assumption: employee only about $382,050 at 4% or $254,700 at 6%; with 50% employer match about $254,700 at 4% or $169,800 at 6%; with 100% employer match about $191,025 at 4% or $127,350 at 6%. |