Lester Summerfield & Associates
Plan context: Lester Summerfield & Associates Profit Sharing Plan
EIN 95-3519496 • Westlake Village, CA • 15 filings • 1 plans
Current Snapshot
Latest Year
2024
2024 Participants
3
2024 Assets
$1,163,760
2024 Contributions
$15,000
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 | 3 | $1,163,760 | $15,000 | $5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%. |
| Lester Summerfield & Associates Profit Sharing Plan | - | 3 | $1,163,760 | $15,000 | $5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%. |
| 2023 | 1 | 3 | $1,045,778 | $20,038 | $6,679iApproximate average salary by contribution assumption: employee only about $166,983 at 4% or $111,322 at 6%; with 50% employer match about $111,322 at 4% or $74,215 at 6%; with 100% employer match about $83,492 at 4% or $55,661 at 6%. |
| Lester Summerfield & Associates Profit Sharing Plan | - | 3 | $1,045,778 | $20,038 | $6,679iApproximate average salary by contribution assumption: employee only about $166,983 at 4% or $111,322 at 6%; with 50% employer match about $111,322 at 4% or $74,215 at 6%; with 100% employer match about $83,492 at 4% or $55,661 at 6%. |
| 2022 | 1 | 3 | $954,177 | $26,400 | $8,800iApproximate average salary by contribution assumption: employee only about $220,000 at 4% or $146,667 at 6%; with 50% employer match about $146,667 at 4% or $97,778 at 6%; with 100% employer match about $110,000 at 4% or $73,333 at 6%. |
| Lester Summerfield & Associates Profit Sharing Plan | - | 3 | $954,177 | $26,400 | $8,800iApproximate average salary by contribution assumption: employee only about $220,000 at 4% or $146,667 at 6%; with 50% employer match about $146,667 at 4% or $97,778 at 6%; with 100% employer match about $110,000 at 4% or $73,333 at 6%. |
| 2021 | 1 | 3 | $1,194,133 | $22,500 | $7,500iApproximate average salary by contribution assumption: employee only about $187,500 at 4% or $125,000 at 6%; with 50% employer match about $125,000 at 4% or $83,333 at 6%; with 100% employer match about $93,750 at 4% or $62,500 at 6%. |
| Lester Summerfield & Associates Profit Sharing Plan | - | 3 | $1,194,133 | $22,500 | $7,500iApproximate average salary by contribution assumption: employee only about $187,500 at 4% or $125,000 at 6%; with 50% employer match about $125,000 at 4% or $83,333 at 6%; with 100% employer match about $93,750 at 4% or $62,500 at 6%. |
| 2020 | 1 | 3 | $1,145,089 | $18,733 | $6,244iApproximate average salary by contribution assumption: employee only about $156,108 at 4% or $104,072 at 6%; with 50% employer match about $104,072 at 4% or $69,381 at 6%; with 100% employer match about $78,054 at 4% or $52,036 at 6%. |
| Lester Summerfield & Associates Profit Sharing Plan | - | 3 | $1,145,089 | $18,733 | $6,244iApproximate average salary by contribution assumption: employee only about $156,108 at 4% or $104,072 at 6%; with 50% employer match about $104,072 at 4% or $69,381 at 6%; with 100% employer match about $78,054 at 4% or $52,036 at 6%. |
| 2019 | 1 | 3 | $1,120,194 | $17,324 | $5,775iApproximate average salary by contribution assumption: employee only about $144,367 at 4% or $96,244 at 6%; with 50% employer match about $96,244 at 4% or $64,163 at 6%; with 100% employer match about $72,183 at 4% or $48,122 at 6%. |
| Lester Summerfield & Associates Profit Sharing Plan | - | 3 | $1,120,194 | $17,324 | $5,775iApproximate average salary by contribution assumption: employee only about $144,367 at 4% or $96,244 at 6%; with 50% employer match about $96,244 at 4% or $64,163 at 6%; with 100% employer match about $72,183 at 4% or $48,122 at 6%. |
| 2018 | 1 | 3 | $1,027,899 | $26,493 | $8,831iApproximate average salary by contribution assumption: employee only about $220,775 at 4% or $147,183 at 6%; with 50% employer match about $147,183 at 4% or $98,122 at 6%; with 100% employer match about $110,388 at 4% or $73,592 at 6%. |
| Lester Summerfield & Associates Profit Sharing Plan | - | 3 | $1,027,899 | $26,493 | $8,831iApproximate average salary by contribution assumption: employee only about $220,775 at 4% or $147,183 at 6%; with 50% employer match about $147,183 at 4% or $98,122 at 6%; with 100% employer match about $110,388 at 4% or $73,592 at 6%. |
| 2017 | 1 | 3 | $1,178,740 | $34,669 | $11,556iApproximate average salary by contribution assumption: employee only about $288,908 at 4% or $192,606 at 6%; with 50% employer match about $192,606 at 4% or $128,404 at 6%; with 100% employer match about $144,454 at 4% or $96,303 at 6%. |
| Lester Summerfield & Associates Profit Sharing Plan | - | 3 | $1,178,740 | $34,669 | $11,556iApproximate average salary by contribution assumption: employee only about $288,908 at 4% or $192,606 at 6%; with 50% employer match about $192,606 at 4% or $128,404 at 6%; with 100% employer match about $144,454 at 4% or $96,303 at 6%. |
| 2016 | 1 | 1 | $997,748 | $15,000 | $15,000iApproximate average salary by contribution assumption: employee only about $375,000 at 4% or $250,000 at 6%; with 50% employer match about $250,000 at 4% or $166,667 at 6%; with 100% employer match about $187,500 at 4% or $125,000 at 6%. |
| Lester Summerfield & Associates Profit Sharing Plan | - | 1 | $997,748 | $15,000 | $15,000iApproximate average salary by contribution assumption: employee only about $375,000 at 4% or $250,000 at 6%; with 50% employer match about $250,000 at 4% or $166,667 at 6%; with 100% employer match about $187,500 at 4% or $125,000 at 6%. |
| 2015 | 1 | 2 | $1,009,381 | $57,391 | $28,696iApproximate average salary by contribution assumption: employee only about $717,388 at 4% or $478,258 at 6%; with 50% employer match about $478,258 at 4% or $318,839 at 6%; with 100% employer match about $358,694 at 4% or $239,129 at 6%. |
| Lester Summerfield & Associates Profit Sharing Plan | - | 2 | $1,009,381 | $57,391 | $28,696iApproximate average salary by contribution assumption: employee only about $717,388 at 4% or $478,258 at 6%; with 50% employer match about $478,258 at 4% or $318,839 at 6%; with 100% employer match about $358,694 at 4% or $239,129 at 6%. |
| 2014 | 1 | 1 | $1,061,844 | $0 | - |
| Lester Summerfield & Associates Profit Sharing Plan | - | 1 | $1,061,844 | - | - |
| 2013 | 1 | 2 | $1,058,495 | $0 | - |
| Lester Summerfield & Associates Profit Sharing Plan | - | 2 | $1,058,495 | - | - |
| 2012 | 1 | 2 | $978,760 | $0 | - |
| Lester Summerfield & Associates Profit Sharing Plan | - | 2 | $978,760 | - | - |
| 2011 | 1 | 2 | $834,182 | $0 | - |
| Lester Summerfield & Associates Profit Sharing Plan | - | 2 | $834,182 | - | - |
| 2010 | 1 | 2 | $918,191 | $38,400 | $19,200iApproximate average salary by contribution assumption: employee only about $480,000 at 4% or $320,000 at 6%; with 50% employer match about $320,000 at 4% or $213,333 at 6%; with 100% employer match about $240,000 at 4% or $160,000 at 6%. |
| Lester Summerfield & Associates Profit Sharing Plan | - | 2 | $918,191 | $38,400 | $19,200iApproximate average salary by contribution assumption: employee only about $480,000 at 4% or $320,000 at 6%; with 50% employer match about $320,000 at 4% or $213,333 at 6%; with 100% employer match about $240,000 at 4% or $160,000 at 6%. |