Civic Intelligence

New England Tool & Cutter Grinding Corporation

Plan context: New England Tool & Cutter Grinding Corp. 401K Retirement Savings Plan

EIN 01-0481172 • Cornish, ME • 10 filings • 2 plans

5 Industrial WayCornish, ME 04020
Current Snapshot

Latest Year

2010

2010 Participants

40

2010 Assets

$657,914

2010 Contributions

$28,556

Historical Graphs

Total Assets Over Time

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

$699,842$349,921$0199920052010YearValue
$657,914Latest year 2010

Participants Over Time

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

57290199920062010YearValue
40Latest year 2010

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
2010140$657,914$28,556$714iApproximate average salary by contribution assumption: employee only about $17,848 at 4% or $11,898 at 6%; with 50% employer match about $11,898 at 4% or $7,932 at 6%; with 100% employer match about $8,924 at 4% or $5,949 at 6%.
New England Tool & Cutter Grinding Corp. 401K Retirement Savings Plan-40$657,914$28,556$714iApproximate average salary by contribution assumption: employee only about $17,848 at 4% or $11,898 at 6%; with 50% employer match about $11,898 at 4% or $7,932 at 6%; with 100% employer match about $8,924 at 4% or $5,949 at 6%.
2009144$657,999$40,823$928iApproximate average salary by contribution assumption: employee only about $23,195 at 4% or $15,463 at 6%; with 50% employer match about $15,463 at 4% or $10,309 at 6%; with 100% employer match about $11,597 at 4% or $7,732 at 6%.
New England Tool & Cutter Grinding Corp. 401K Retirement Savings Plan-44$657,999$40,823$928iApproximate average salary by contribution assumption: employee only about $23,195 at 4% or $15,463 at 6%; with 50% employer match about $15,463 at 4% or $10,309 at 6%; with 100% employer match about $11,597 at 4% or $7,732 at 6%.
2008144$699,842$131,456$2,988iApproximate average salary by contribution assumption: employee only about $74,691 at 4% or $49,794 at 6%; with 50% employer match about $49,794 at 4% or $33,196 at 6%; with 100% employer match about $37,345 at 4% or $24,897 at 6%.
New England Tool & Cutter Grinding Corp. 401K Retirement Savings Plan-44$699,842$131,456$2,988iApproximate average salary by contribution assumption: employee only about $74,691 at 4% or $49,794 at 6%; with 50% employer match about $49,794 at 4% or $33,196 at 6%; with 100% employer match about $37,345 at 4% or $24,897 at 6%.
2007157$0$0-
New England Tool & Cutter Grinding Corp. 401K Retirement Savings Plan-57---
2006126$0$0-
New England Tool & Cutter Grinding Corp. 401K Retirement Savings Plan-26---
2005116$641,603$53,380$3,336iApproximate average salary by contribution assumption: employee only about $83,406 at 4% or $55,604 at 6%; with 50% employer match about $55,604 at 4% or $37,069 at 6%; with 100% employer match about $41,703 at 4% or $27,802 at 6%.
New England Tool & Cutter Grinding Corp. 401K Retirement Savings Plan-16$641,603$53,380$3,336iApproximate average salary by contribution assumption: employee only about $83,406 at 4% or $55,604 at 6%; with 50% employer match about $55,604 at 4% or $37,069 at 6%; with 100% employer match about $41,703 at 4% or $27,802 at 6%.
2004128$609,175$65,332$2,333iApproximate average salary by contribution assumption: employee only about $58,332 at 4% or $38,888 at 6%; with 50% employer match about $38,888 at 4% or $25,925 at 6%; with 100% employer match about $29,166 at 4% or $19,444 at 6%.
New England Tool & Cutter Grinding Corp. 401K Retirement Savings Plan-28$609,175$65,332$2,333iApproximate average salary by contribution assumption: employee only about $58,332 at 4% or $38,888 at 6%; with 50% employer match about $38,888 at 4% or $25,925 at 6%; with 100% employer match about $29,166 at 4% or $19,444 at 6%.
2003132$539,557$87,894$2,747iApproximate average salary by contribution assumption: employee only about $68,667 at 4% or $45,778 at 6%; with 50% employer match about $45,778 at 4% or $30,519 at 6%; with 100% employer match about $34,334 at 4% or $22,889 at 6%.
New England Tool & Cutter Grinding Corp. 401K Retirement Savings Plan-32$539,557$87,894$2,747iApproximate average salary by contribution assumption: employee only about $68,667 at 4% or $45,778 at 6%; with 50% employer match about $45,778 at 4% or $30,519 at 6%; with 100% employer match about $34,334 at 4% or $22,889 at 6%.
2000130$253,134$197,089$6,570iApproximate average salary by contribution assumption: employee only about $164,241 at 4% or $109,494 at 6%; with 50% employer match about $109,494 at 4% or $72,996 at 6%; with 100% employer match about $82,120 at 4% or $54,747 at 6%.
New England Tool & Cutter Grinding Corp. 401K Retirement Savings Plan-30$253,134$197,089$6,570iApproximate average salary by contribution assumption: employee only about $164,241 at 4% or $109,494 at 6%; with 50% employer match about $109,494 at 4% or $72,996 at 6%; with 100% employer match about $82,120 at 4% or $54,747 at 6%.
1999126$82,854$71,637$2,755iApproximate average salary by contribution assumption: employee only about $68,882 at 4% or $45,921 at 6%; with 50% employer match about $45,921 at 4% or $30,614 at 6%; with 100% employer match about $34,441 at 4% or $22,961 at 6%.
New England Tool & Cutter Grinding Corp. 401K Retirement Savings Plan-26$82,854$71,637$2,755iApproximate average salary by contribution assumption: employee only about $68,882 at 4% or $45,921 at 6%; with 50% employer match about $45,921 at 4% or $30,614 at 6%; with 100% employer match about $34,441 at 4% or $22,961 at 6%.