Civic Intelligence

Industrial Precision Inc.

Plan context: Industrial Precision Inc. 401(K) Profit Sharing Plan

EIN 04-2544109 • Westfield, MA • 25 filings • 4 plans

1014 Southampton RoadWestfield, MA 01085
Current Snapshot

Latest Year

2024

2024 Participants

44

2024 Assets

$3,015,613

2024 Contributions

$104,266

Historical Graphs

Total Assets Over Time

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

$3,400,577$1,700,289$0200020132024YearValue
$3,015,613Latest year 2024

Participants Over Time

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

96480200020122024YearValue
44Latest 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
2024144$3,015,613$104,266$2,370iApproximate average salary by contribution assumption: employee only about $59,242 at 4% or $39,495 at 6%; with 50% employer match about $39,495 at 4% or $26,330 at 6%; with 100% employer match about $29,621 at 4% or $19,747 at 6%.
Industrial Precision Inc. 401(K) Profit Sharing Plan-44$3,015,613$104,266$2,370iApproximate average salary by contribution assumption: employee only about $59,242 at 4% or $39,495 at 6%; with 50% employer match about $39,495 at 4% or $26,330 at 6%; with 100% employer match about $29,621 at 4% or $19,747 at 6%.
2023143$2,810,460$88,444$2,057iApproximate average salary by contribution assumption: employee only about $51,421 at 4% or $34,281 at 6%; with 50% employer match about $34,281 at 4% or $22,854 at 6%; with 100% employer match about $25,710 at 4% or $17,140 at 6%.
Industrial Precision Inc. 401(K) Profit Sharing Plan-43$2,810,460$88,444$2,057iApproximate average salary by contribution assumption: employee only about $51,421 at 4% or $34,281 at 6%; with 50% employer match about $34,281 at 4% or $22,854 at 6%; with 100% employer match about $25,710 at 4% or $17,140 at 6%.
2022182$2,721,787$98,373$1,200iApproximate average salary by contribution assumption: employee only about $29,992 at 4% or $19,995 at 6%; with 50% employer match about $19,995 at 4% or $13,330 at 6%; with 100% employer match about $14,996 at 4% or $9,997 at 6%.
Industrial Precision Inc. 401(K) Profit Sharing Plan-82$2,721,787$98,373$1,200iApproximate average salary by contribution assumption: employee only about $29,992 at 4% or $19,995 at 6%; with 50% employer match about $19,995 at 4% or $13,330 at 6%; with 100% employer match about $14,996 at 4% or $9,997 at 6%.
2021185$3,400,577$107,339$1,263iApproximate average salary by contribution assumption: employee only about $31,570 at 4% or $21,047 at 6%; with 50% employer match about $21,047 at 4% or $14,031 at 6%; with 100% employer match about $15,785 at 4% or $10,523 at 6%.
Industrial Precision Inc. 401(K) Profit Sharing Plan-85$3,400,577$107,339$1,263iApproximate average salary by contribution assumption: employee only about $31,570 at 4% or $21,047 at 6%; with 50% employer match about $21,047 at 4% or $14,031 at 6%; with 100% employer match about $15,785 at 4% or $10,523 at 6%.
2020181$2,945,879$90,319$1,115iApproximate average salary by contribution assumption: employee only about $27,876 at 4% or $18,584 at 6%; with 50% employer match about $18,584 at 4% or $12,389 at 6%; with 100% employer match about $13,938 at 4% or $9,292 at 6%.
Industrial Precision Inc. 401(K) Profit Sharing Plan-81$2,945,879$90,319$1,115iApproximate average salary by contribution assumption: employee only about $27,876 at 4% or $18,584 at 6%; with 50% employer match about $18,584 at 4% or $12,389 at 6%; with 100% employer match about $13,938 at 4% or $9,292 at 6%.
2019184$2,665,938$99,724$1,187iApproximate average salary by contribution assumption: employee only about $29,680 at 4% or $19,787 at 6%; with 50% employer match about $19,787 at 4% or $13,191 at 6%; with 100% employer match about $14,840 at 4% or $9,893 at 6%.
Industrial Precision Inc. 401(K) Profit Sharing Plan-84$2,665,938$99,724$1,187iApproximate average salary by contribution assumption: employee only about $29,680 at 4% or $19,787 at 6%; with 50% employer match about $19,787 at 4% or $13,191 at 6%; with 100% employer match about $14,840 at 4% or $9,893 at 6%.
2018183$2,111,126$107,826$1,299iApproximate average salary by contribution assumption: employee only about $32,478 at 4% or $21,652 at 6%; with 50% employer match about $21,652 at 4% or $14,435 at 6%; with 100% employer match about $16,239 at 4% or $10,826 at 6%.
Industrial Precision Inc. 401(K) Profit Sharing Plan-83$2,111,126$107,826$1,299iApproximate average salary by contribution assumption: employee only about $32,478 at 4% or $21,652 at 6%; with 50% employer match about $21,652 at 4% or $14,435 at 6%; with 100% employer match about $16,239 at 4% or $10,826 at 6%.
2017184$2,194,792$98,928$1,178iApproximate average salary by contribution assumption: employee only about $29,443 at 4% or $19,629 at 6%; with 50% employer match about $19,629 at 4% or $13,086 at 6%; with 100% employer match about $14,721 at 4% or $9,814 at 6%.
Industrial Precision Inc. 401(K) Profit Sharing Plan-84$2,194,792$98,928$1,178iApproximate average salary by contribution assumption: employee only about $29,443 at 4% or $19,629 at 6%; with 50% employer match about $19,629 at 4% or $13,086 at 6%; with 100% employer match about $14,721 at 4% or $9,814 at 6%.
2016190$2,223,184$109,354$1,215iApproximate average salary by contribution assumption: employee only about $30,376 at 4% or $20,251 at 6%; with 50% employer match about $20,251 at 4% or $13,500 at 6%; with 100% employer match about $15,188 at 4% or $10,125 at 6%.
Industrial Precision Inc. 401(K) Profit Sharing Plan-90$2,223,184$109,354$1,215iApproximate average salary by contribution assumption: employee only about $30,376 at 4% or $20,251 at 6%; with 50% employer match about $20,251 at 4% or $13,500 at 6%; with 100% employer match about $15,188 at 4% or $10,125 at 6%.
2015196$2,028,899$112,122$1,168iApproximate average salary by contribution assumption: employee only about $29,198 at 4% or $19,466 at 6%; with 50% employer match about $19,466 at 4% or $12,977 at 6%; with 100% employer match about $14,599 at 4% or $9,733 at 6%.
Industrial Precision Inc. 401(K) Profit Sharing Plan-96$2,028,899$112,122$1,168iApproximate average salary by contribution assumption: employee only about $29,198 at 4% or $19,466 at 6%; with 50% employer match about $19,466 at 4% or $12,977 at 6%; with 100% employer match about $14,599 at 4% or $9,733 at 6%.
2014190$2,004,690$80,252$892iApproximate average salary by contribution assumption: employee only about $22,292 at 4% or $14,861 at 6%; with 50% employer match about $14,861 at 4% or $9,908 at 6%; with 100% employer match about $11,146 at 4% or $7,431 at 6%.
Industrial Precision Inc. 401(K) Profit Sharing Plan-90$2,004,690$80,252$892iApproximate average salary by contribution assumption: employee only about $22,292 at 4% or $14,861 at 6%; with 50% employer match about $14,861 at 4% or $9,908 at 6%; with 100% employer match about $11,146 at 4% or $7,431 at 6%.
2013168$2,025,335$122,783$1,806iApproximate average salary by contribution assumption: employee only about $45,141 at 4% or $30,094 at 6%; with 50% employer match about $30,094 at 4% or $20,063 at 6%; with 100% employer match about $22,570 at 4% or $15,047 at 6%.
Industrial Precision Inc. 401(K) Profit Sharing Plan-68$2,025,335$122,783$1,806iApproximate average salary by contribution assumption: employee only about $45,141 at 4% or $30,094 at 6%; with 50% employer match about $30,094 at 4% or $20,063 at 6%; with 100% employer match about $22,570 at 4% or $15,047 at 6%.
2012166$1,811,717$73,966$1,121iApproximate average salary by contribution assumption: employee only about $28,017 at 4% or $18,678 at 6%; with 50% employer match about $18,678 at 4% or $12,452 at 6%; with 100% employer match about $14,009 at 4% or $9,339 at 6%.
Industrial Precision Inc. 401(K) Profit Sharing Plan-66$1,811,717$73,966$1,121iApproximate average salary by contribution assumption: employee only about $28,017 at 4% or $18,678 at 6%; with 50% employer match about $18,678 at 4% or $12,452 at 6%; with 100% employer match about $14,009 at 4% or $9,339 at 6%.
2011160$1,547,081$84,833$1,414iApproximate average salary by contribution assumption: employee only about $35,347 at 4% or $23,565 at 6%; with 50% employer match about $23,565 at 4% or $15,710 at 6%; with 100% employer match about $17,674 at 4% or $11,782 at 6%.
Industrial Precision Inc. 401(K) Profit Sharing Plan-60$1,547,081$84,833$1,414iApproximate average salary by contribution assumption: employee only about $35,347 at 4% or $23,565 at 6%; with 50% employer match about $23,565 at 4% or $15,710 at 6%; with 100% employer match about $17,674 at 4% or $11,782 at 6%.
2010155$1,577,097$95,579$1,738iApproximate average salary by contribution assumption: employee only about $43,445 at 4% or $28,963 at 6%; with 50% employer match about $28,963 at 4% or $19,309 at 6%; with 100% employer match about $21,723 at 4% or $14,482 at 6%.
Industrial Precision Inc. 401(K) Profit Sharing Plan-55$1,577,097$95,579$1,738iApproximate average salary by contribution assumption: employee only about $43,445 at 4% or $28,963 at 6%; with 50% employer match about $28,963 at 4% or $19,309 at 6%; with 100% employer match about $21,723 at 4% or $14,482 at 6%.
2009147$1,456,634$160,174$3,408iApproximate average salary by contribution assumption: employee only about $85,199 at 4% or $56,799 at 6%; with 50% employer match about $56,799 at 4% or $37,866 at 6%; with 100% employer match about $42,599 at 4% or $28,400 at 6%.
Industrial Precision Inc. 401(K) Profit Sharing Plan-47$1,456,634$160,174$3,408iApproximate average salary by contribution assumption: employee only about $85,199 at 4% or $56,799 at 6%; with 50% employer match about $56,799 at 4% or $37,866 at 6%; with 100% employer match about $42,599 at 4% or $28,400 at 6%.
2008149$1,142,339$180,558$3,685iApproximate average salary by contribution assumption: employee only about $92,121 at 4% or $61,414 at 6%; with 50% employer match about $61,414 at 4% or $40,943 at 6%; with 100% employer match about $46,061 at 4% or $30,707 at 6%.
Industrial Precision Inc. 401(K) Profit Sharing Plan-49$1,142,339$180,558$3,685iApproximate average salary by contribution assumption: employee only about $92,121 at 4% or $61,414 at 6%; with 50% employer match about $61,414 at 4% or $40,943 at 6%; with 100% employer match about $46,061 at 4% or $30,707 at 6%.
2007145$0$0-
Industrial Precision Inc. 401(K) Profit Sharing Plan-45---
2006148$1,428,798$259,148$5,399iApproximate average salary by contribution assumption: employee only about $134,973 at 4% or $89,982 at 6%; with 50% employer match about $89,982 at 4% or $59,988 at 6%; with 100% employer match about $67,486 at 4% or $44,991 at 6%.
Industrial Precision Inc. 401(K) Profit Sharing Plan-48$1,428,798$259,148$5,399iApproximate average salary by contribution assumption: employee only about $134,973 at 4% or $89,982 at 6%; with 50% employer match about $89,982 at 4% or $59,988 at 6%; with 100% employer match about $67,486 at 4% or $44,991 at 6%.
2005149$1,055,004$104,800$2,139iApproximate average salary by contribution assumption: employee only about $53,469 at 4% or $35,646 at 6%; with 50% employer match about $35,646 at 4% or $23,764 at 6%; with 100% employer match about $26,735 at 4% or $17,823 at 6%.
Industrial Precision Inc. 401(K) Profit Sharing Plan-49$1,055,004$104,800$2,139iApproximate average salary by contribution assumption: employee only about $53,469 at 4% or $35,646 at 6%; with 50% employer match about $35,646 at 4% or $23,764 at 6%; with 100% employer match about $26,735 at 4% or $17,823 at 6%.
2004144$1,172,586$267,387$6,077iApproximate average salary by contribution assumption: employee only about $151,924 at 4% or $101,283 at 6%; with 50% employer match about $101,283 at 4% or $67,522 at 6%; with 100% employer match about $75,962 at 4% or $50,641 at 6%.
Industrial Precision Inc. 401(K) Profit Sharing Plan-44$1,172,586$267,387$6,077iApproximate average salary by contribution assumption: employee only about $151,924 at 4% or $101,283 at 6%; with 50% employer match about $101,283 at 4% or $67,522 at 6%; with 100% employer match about $75,962 at 4% or $50,641 at 6%.
2003146$827,061$135,772$2,952iApproximate average salary by contribution assumption: employee only about $73,789 at 4% or $49,193 at 6%; with 50% employer match about $49,193 at 4% or $32,795 at 6%; with 100% employer match about $36,895 at 4% or $24,596 at 6%.
Industrial Precision Inc. 401(K) Profit Sharing Plan-46$827,061$135,772$2,952iApproximate average salary by contribution assumption: employee only about $73,789 at 4% or $49,193 at 6%; with 50% employer match about $49,193 at 4% or $32,795 at 6%; with 100% employer match about $36,895 at 4% or $24,596 at 6%.
2002140$749,554$186,708$4,668iApproximate average salary by contribution assumption: employee only about $116,693 at 4% or $77,795 at 6%; with 50% employer match about $77,795 at 4% or $51,863 at 6%; with 100% employer match about $58,346 at 4% or $38,898 at 6%.
Industrial Precision Inc. 401(K) Profit Sharing Plan-40$749,554$186,708$4,668iApproximate average salary by contribution assumption: employee only about $116,693 at 4% or $77,795 at 6%; with 50% employer match about $77,795 at 4% or $51,863 at 6%; with 100% employer match about $58,346 at 4% or $38,898 at 6%.
2001153$1,168,121$177,813$3,355iApproximate average salary by contribution assumption: employee only about $83,874 at 4% or $55,916 at 6%; with 50% employer match about $55,916 at 4% or $37,277 at 6%; with 100% employer match about $41,937 at 4% or $27,958 at 6%.
Industrial Precision Inc. 401(K) Profit Sharing Plan-53$1,168,121$177,813$3,355iApproximate average salary by contribution assumption: employee only about $83,874 at 4% or $55,916 at 6%; with 50% employer match about $55,916 at 4% or $37,277 at 6%; with 100% employer match about $41,937 at 4% or $27,958 at 6%.
2000159$1,123,753$192,697$3,266iApproximate average salary by contribution assumption: employee only about $81,651 at 4% or $54,434 at 6%; with 50% employer match about $54,434 at 4% or $36,289 at 6%; with 100% employer match about $40,826 at 4% or $27,217 at 6%.
Industrial Precision Inc. 401(K) Profit Sharing Plan-59$1,123,753$192,697$3,266iApproximate average salary by contribution assumption: employee only about $81,651 at 4% or $54,434 at 6%; with 50% employer match about $54,434 at 4% or $36,289 at 6%; with 100% employer match about $40,826 at 4% or $27,217 at 6%.
Industrial Precision Inc. | EIN 04-2544109 | 2024 Form 5500 Company Profile