Civic Intelligence

Brake & Clutch Inc

Plan context: Brake & Clutch Profit Sharing Trust

EIN 04-2381919 • Salem, MA • 27 filings • 6 plans

63 Bridge StSalem, MA 01970-4128
Current Snapshot

Latest Year

2024

2024 Participants

27

2024 Assets

$2,126,715

2024 Contributions

$255,387

Historical Graphs

Total Assets Over Time

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

$2,126,715$1,063,358$0199920142024YearValue
$2,126,715Latest year 2024

Participants Over Time

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

1,1175590199920122024YearValue
27Latest year 2024

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
2024127$2,126,715$255,387$9,459iApproximate average salary by contribution assumption: employee only about $236,469 at 4% or $157,646 at 6%; with 50% employer match about $157,646 at 4% or $105,098 at 6%; with 100% employer match about $118,235 at 4% or $78,823 at 6%.
Brake & Clutch Profit Sharing Trust-27$2,126,715$255,387$9,459iApproximate average salary by contribution assumption: employee only about $236,469 at 4% or $157,646 at 6%; with 50% employer match about $157,646 at 4% or $105,098 at 6%; with 100% employer match about $118,235 at 4% or $78,823 at 6%.
2023124$1,817,331$208,927$8,705iApproximate average salary by contribution assumption: employee only about $217,632 at 4% or $145,088 at 6%; with 50% employer match about $145,088 at 4% or $96,725 at 6%; with 100% employer match about $108,816 at 4% or $72,544 at 6%.
Brake & Clutch Profit Sharing Trust-24$1,817,331$208,927$8,705iApproximate average salary by contribution assumption: employee only about $217,632 at 4% or $145,088 at 6%; with 50% employer match about $145,088 at 4% or $96,725 at 6%; with 100% employer match about $108,816 at 4% or $72,544 at 6%.
2022125$1,564,652$187,000$7,480iApproximate average salary by contribution assumption: employee only about $187,000 at 4% or $124,667 at 6%; with 50% employer match about $124,667 at 4% or $83,111 at 6%; with 100% employer match about $93,500 at 4% or $62,333 at 6%.
Brake & Clutch Profit Sharing Trust-25$1,564,652$187,000$7,480iApproximate average salary by contribution assumption: employee only about $187,000 at 4% or $124,667 at 6%; with 50% employer match about $124,667 at 4% or $83,111 at 6%; with 100% employer match about $93,500 at 4% or $62,333 at 6%.
2021128$1,710,401$177,406$6,336iApproximate average salary by contribution assumption: employee only about $158,398 at 4% or $105,599 at 6%; with 50% employer match about $105,599 at 4% or $70,399 at 6%; with 100% employer match about $79,199 at 4% or $52,799 at 6%.
Brake & Clutch Profit Sharing Trust-28$1,710,401$177,406$6,336iApproximate average salary by contribution assumption: employee only about $158,398 at 4% or $105,599 at 6%; with 50% employer match about $105,599 at 4% or $70,399 at 6%; with 100% employer match about $79,199 at 4% or $52,799 at 6%.
2020124$1,600,122$195,303$8,138iApproximate average salary by contribution assumption: employee only about $203,441 at 4% or $135,627 at 6%; with 50% employer match about $135,627 at 4% or $90,418 at 6%; with 100% employer match about $101,720 at 4% or $67,814 at 6%.
Brake & Clutch Profit Sharing Trust-24$1,600,122$195,303$8,138iApproximate average salary by contribution assumption: employee only about $203,441 at 4% or $135,627 at 6%; with 50% employer match about $135,627 at 4% or $90,418 at 6%; with 100% employer match about $101,720 at 4% or $67,814 at 6%.
2019125$1,207,690$294,732$11,789iApproximate average salary by contribution assumption: employee only about $294,732 at 4% or $196,488 at 6%; with 50% employer match about $196,488 at 4% or $130,992 at 6%; with 100% employer match about $147,366 at 4% or $98,244 at 6%.
Brake & Clutch Profit Sharing Trust-25$1,207,690$294,732$11,789iApproximate average salary by contribution assumption: employee only about $294,732 at 4% or $196,488 at 6%; with 50% employer match about $196,488 at 4% or $130,992 at 6%; with 100% employer match about $147,366 at 4% or $98,244 at 6%.
2018130$785,826$125,173$4,172iApproximate average salary by contribution assumption: employee only about $104,311 at 4% or $69,541 at 6%; with 50% employer match about $69,541 at 4% or $46,360 at 6%; with 100% employer match about $52,155 at 4% or $34,770 at 6%.
Brake & Clutch Profit Sharing Trust-30$785,826$125,173$4,172iApproximate average salary by contribution assumption: employee only about $104,311 at 4% or $69,541 at 6%; with 50% employer match about $69,541 at 4% or $46,360 at 6%; with 100% employer match about $52,155 at 4% or $34,770 at 6%.
2017123$707,142$0-
Brake & Clutch Profit Sharing Trust-23$707,142$0-
2016123$702,032$40,000$1,739iApproximate average salary by contribution assumption: employee only about $43,478 at 4% or $28,986 at 6%; with 50% employer match about $28,986 at 4% or $19,324 at 6%; with 100% employer match about $21,739 at 4% or $14,493 at 6%.
Brake & Clutch Profit Sharing Trust-23$702,032$40,000$1,739iApproximate average salary by contribution assumption: employee only about $43,478 at 4% or $28,986 at 6%; with 50% employer match about $28,986 at 4% or $19,324 at 6%; with 100% employer match about $21,739 at 4% or $14,493 at 6%.
2015121$651,840$120,000$5,714iApproximate average salary by contribution assumption: employee only about $142,857 at 4% or $95,238 at 6%; with 50% employer match about $95,238 at 4% or $63,492 at 6%; with 100% employer match about $71,429 at 4% or $47,619 at 6%.
Brake & Clutch Profit Sharing Trust-21$651,840$120,000$5,714iApproximate average salary by contribution assumption: employee only about $142,857 at 4% or $95,238 at 6%; with 50% employer match about $95,238 at 4% or $63,492 at 6%; with 100% employer match about $71,429 at 4% or $47,619 at 6%.
2014120$520,044$50,000$2,500iApproximate average salary by contribution assumption: employee only about $62,500 at 4% or $41,667 at 6%; with 50% employer match about $41,667 at 4% or $27,778 at 6%; with 100% employer match about $31,250 at 4% or $20,833 at 6%.
Brake & Clutch Profit Sharing Trust-20$520,044$50,000$2,500iApproximate average salary by contribution assumption: employee only about $62,500 at 4% or $41,667 at 6%; with 50% employer match about $41,667 at 4% or $27,778 at 6%; with 100% employer match about $31,250 at 4% or $20,833 at 6%.
2013119$456,539$30,000$1,579iApproximate average salary by contribution assumption: employee only about $39,474 at 4% or $26,316 at 6%; with 50% employer match about $26,316 at 4% or $17,544 at 6%; with 100% employer match about $19,737 at 4% or $13,158 at 6%.
Brake & Clutch Profit Sharing Trust-19$456,539$30,000$1,579iApproximate average salary by contribution assumption: employee only about $39,474 at 4% or $26,316 at 6%; with 50% employer match about $26,316 at 4% or $17,544 at 6%; with 100% employer match about $19,737 at 4% or $13,158 at 6%.
2012117$415,808$25,000$1,471iApproximate average salary by contribution assumption: employee only about $36,765 at 4% or $24,510 at 6%; with 50% employer match about $24,510 at 4% or $16,340 at 6%; with 100% employer match about $18,382 at 4% or $12,255 at 6%.
Brake & Clutch Profit Sharing Trust-17$415,808$25,000$1,471iApproximate average salary by contribution assumption: employee only about $36,765 at 4% or $24,510 at 6%; with 50% employer match about $24,510 at 4% or $16,340 at 6%; with 100% employer match about $18,382 at 4% or $12,255 at 6%.
2011118$436,714$0-
Brake & Clutch Profit Sharing Trust-18$436,714$0-
2010119$428,938$10,000$526iApproximate average salary by contribution assumption: employee only about $13,158 at 4% or $8,772 at 6%; with 50% employer match about $8,772 at 4% or $5,848 at 6%; with 100% employer match about $6,579 at 4% or $4,386 at 6%.
Brake & Clutch Profit Sharing Trust-19$428,938$10,000$526iApproximate average salary by contribution assumption: employee only about $13,158 at 4% or $8,772 at 6%; with 50% employer match about $8,772 at 4% or $5,848 at 6%; with 100% employer match about $6,579 at 4% or $4,386 at 6%.
2009119$406,507$10,000$526iApproximate average salary by contribution assumption: employee only about $13,158 at 4% or $8,772 at 6%; with 50% employer match about $8,772 at 4% or $5,848 at 6%; with 100% employer match about $6,579 at 4% or $4,386 at 6%.
Brake & Clutch Profit Sharing Trust-19$406,507$10,000$526iApproximate average salary by contribution assumption: employee only about $13,158 at 4% or $8,772 at 6%; with 50% employer match about $8,772 at 4% or $5,848 at 6%; with 100% employer match about $6,579 at 4% or $4,386 at 6%.
2008115$374,657$0-
Brake & Clutch Profit Sharing Trust-15$374,657--
2007116$0$0-
Brake & Clutch Profit Sharing Trust-16---
2006119$846,086$0-
Brake & Clutch Profit Sharing Trust-19$846,086--
2005124$841,255$30,000$1,250iApproximate average salary by contribution assumption: employee only about $31,250 at 4% or $20,833 at 6%; with 50% employer match about $20,833 at 4% or $13,889 at 6%; with 100% employer match about $15,625 at 4% or $10,417 at 6%.
Brake & Clutch Profit Sharing Trust-24$841,255$30,000$1,250iApproximate average salary by contribution assumption: employee only about $31,250 at 4% or $20,833 at 6%; with 50% employer match about $20,833 at 4% or $13,889 at 6%; with 100% employer match about $15,625 at 4% or $10,417 at 6%.
2004121$804,278$18,000$857iApproximate average salary by contribution assumption: employee only about $21,429 at 4% or $14,286 at 6%; with 50% employer match about $14,286 at 4% or $9,524 at 6%; with 100% employer match about $10,714 at 4% or $7,143 at 6%.
Brake & Clutch Profit Sharing Trust-21$804,278$18,000$857iApproximate average salary by contribution assumption: employee only about $21,429 at 4% or $14,286 at 6%; with 50% employer match about $14,286 at 4% or $9,524 at 6%; with 100% employer match about $10,714 at 4% or $7,143 at 6%.
2003118$0$0-
Brake & Clutch Profit Sharing Trust-18---
2002118$0$0-
Brake & Clutch Profit Sharing Trust-18---
200121,117$0$0-
Brake & Clutch Profit Sharing Trust-1,117---
Brake & Clutch Profit Sharing Trust-17---
2000117$0$0-
Brake & Clutch Profit Sharing Trust-17---
1999117$832,912$0-
Brake & Clutch Profit Sharing Trust-17$832,912--