Civic Intelligence

The Turkish Towel Co. Inc.

Plan context: The Turkish Towel Company Profit Sharing Plan

EIN 04-3481208 • Fletcher, NC • 20 filings • 1 plans

P.O. Box 1567Fletcher, NC 28732-9481
Current Snapshot

Latest Year

2024

2024 Participants

6

2024 Assets

$891,222

2024 Contributions

$65,500

Historical Graphs

Total Assets Over Time

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

$891,222$445,611$0200520152024YearValue
$891,222Latest year 2024

Participants Over Time

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

740200520152024YearValue
6Latest 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
202416$891,222$65,500$10,917iApproximate average salary by contribution assumption: employee only about $272,917 at 4% or $181,944 at 6%; with 50% employer match about $181,944 at 4% or $121,296 at 6%; with 100% employer match about $136,458 at 4% or $90,972 at 6%.
The Turkish Towel Company Profit Sharing Plan-6$891,222$65,500$10,917iApproximate average salary by contribution assumption: employee only about $272,917 at 4% or $181,944 at 6%; with 50% employer match about $181,944 at 4% or $121,296 at 6%; with 100% employer match about $136,458 at 4% or $90,972 at 6%.
202315$737,061$64,000$12,800iApproximate average salary by contribution assumption: employee only about $320,000 at 4% or $213,333 at 6%; with 50% employer match about $213,333 at 4% or $142,222 at 6%; with 100% employer match about $160,000 at 4% or $106,667 at 6%.
The Turkish Towel Company Profit Sharing Plan-5$737,061$64,000$12,800iApproximate average salary by contribution assumption: employee only about $320,000 at 4% or $213,333 at 6%; with 50% employer match about $213,333 at 4% or $142,222 at 6%; with 100% employer match about $160,000 at 4% or $106,667 at 6%.
202215$607,837$79,500$15,900iApproximate average salary by contribution assumption: employee only about $397,500 at 4% or $265,000 at 6%; with 50% employer match about $265,000 at 4% or $176,667 at 6%; with 100% employer match about $198,750 at 4% or $132,500 at 6%.
The Turkish Towel Company Profit Sharing Plan-5$607,837$79,500$15,900iApproximate average salary by contribution assumption: employee only about $397,500 at 4% or $265,000 at 6%; with 50% employer match about $265,000 at 4% or $176,667 at 6%; with 100% employer match about $198,750 at 4% or $132,500 at 6%.
202116$767,101$56,700$9,450iApproximate average salary by contribution assumption: employee only about $236,250 at 4% or $157,500 at 6%; with 50% employer match about $157,500 at 4% or $105,000 at 6%; with 100% employer match about $118,125 at 4% or $78,750 at 6%.
The Turkish Towel Company Profit Sharing Plan-6$767,101$56,700$9,450iApproximate average salary by contribution assumption: employee only about $236,250 at 4% or $157,500 at 6%; with 50% employer match about $157,500 at 4% or $105,000 at 6%; with 100% employer match about $118,125 at 4% or $78,750 at 6%.
202017$585,374$52,178$7,454iApproximate average salary by contribution assumption: employee only about $186,350 at 4% or $124,233 at 6%; with 50% employer match about $124,233 at 4% or $82,822 at 6%; with 100% employer match about $93,175 at 4% or $62,117 at 6%.
The Turkish Towel Company Profit Sharing Plan-7$585,374$52,178$7,454iApproximate average salary by contribution assumption: employee only about $186,350 at 4% or $124,233 at 6%; with 50% employer match about $124,233 at 4% or $82,822 at 6%; with 100% employer match about $93,175 at 4% or $62,117 at 6%.
201917$596,391$22,500$3,214iApproximate average salary by contribution assumption: employee only about $80,357 at 4% or $53,571 at 6%; with 50% employer match about $53,571 at 4% or $35,714 at 6%; with 100% employer match about $40,179 at 4% or $26,786 at 6%.
The Turkish Towel Company Profit Sharing Plan-7$596,391$22,500$3,214iApproximate average salary by contribution assumption: employee only about $80,357 at 4% or $53,571 at 6%; with 50% employer match about $53,571 at 4% or $35,714 at 6%; with 100% employer match about $40,179 at 4% or $26,786 at 6%.
201814$511,353$18,200$4,550iApproximate average salary by contribution assumption: employee only about $113,750 at 4% or $75,833 at 6%; with 50% employer match about $75,833 at 4% or $50,556 at 6%; with 100% employer match about $56,875 at 4% or $37,917 at 6%.
The Turkish Towel Company Profit Sharing Plan-4$511,353$18,200$4,550iApproximate average salary by contribution assumption: employee only about $113,750 at 4% or $75,833 at 6%; with 50% employer match about $75,833 at 4% or $50,556 at 6%; with 100% employer match about $56,875 at 4% or $37,917 at 6%.
201715$542,050$28,000$5,600iApproximate average salary by contribution assumption: employee only about $140,000 at 4% or $93,333 at 6%; with 50% employer match about $93,333 at 4% or $62,222 at 6%; with 100% employer match about $70,000 at 4% or $46,667 at 6%.
The Turkish Towel Company Profit Sharing Plan-5$542,050$28,000$5,600iApproximate average salary by contribution assumption: employee only about $140,000 at 4% or $93,333 at 6%; with 50% employer match about $93,333 at 4% or $62,222 at 6%; with 100% employer match about $70,000 at 4% or $46,667 at 6%.
201615$498,595$29,000$5,800iApproximate average salary by contribution assumption: employee only about $145,000 at 4% or $96,667 at 6%; with 50% employer match about $96,667 at 4% or $64,444 at 6%; with 100% employer match about $72,500 at 4% or $48,333 at 6%.
The Turkish Towel Company Profit Sharing Plan-5$498,595$29,000$5,800iApproximate average salary by contribution assumption: employee only about $145,000 at 4% or $96,667 at 6%; with 50% employer match about $96,667 at 4% or $64,444 at 6%; with 100% employer match about $72,500 at 4% or $48,333 at 6%.
201515$393,207$43,200$8,640iApproximate average salary by contribution assumption: employee only about $216,000 at 4% or $144,000 at 6%; with 50% employer match about $144,000 at 4% or $96,000 at 6%; with 100% employer match about $108,000 at 4% or $72,000 at 6%.
The Turkish Towel Company Profit Sharing Plan-5$393,207$43,200$8,640iApproximate average salary by contribution assumption: employee only about $216,000 at 4% or $144,000 at 6%; with 50% employer match about $144,000 at 4% or $96,000 at 6%; with 100% employer match about $108,000 at 4% or $72,000 at 6%.
201414$364,723$48,300$12,075iApproximate average salary by contribution assumption: employee only about $301,875 at 4% or $201,250 at 6%; with 50% employer match about $201,250 at 4% or $134,167 at 6%; with 100% employer match about $150,938 at 4% or $100,625 at 6%.
The Turkish Towel Company Profit Sharing Plan-4$364,723$48,300$12,075iApproximate average salary by contribution assumption: employee only about $301,875 at 4% or $201,250 at 6%; with 50% employer match about $201,250 at 4% or $134,167 at 6%; with 100% employer match about $150,938 at 4% or $100,625 at 6%.
201315$325,770$24,600$4,920iApproximate average salary by contribution assumption: employee only about $123,000 at 4% or $82,000 at 6%; with 50% employer match about $82,000 at 4% or $54,667 at 6%; with 100% employer match about $61,500 at 4% or $41,000 at 6%.
The Turkish Towel Company Profit Sharing Plan-5$325,770$24,600$4,920iApproximate average salary by contribution assumption: employee only about $123,000 at 4% or $82,000 at 6%; with 50% employer match about $82,000 at 4% or $54,667 at 6%; with 100% employer match about $61,500 at 4% or $41,000 at 6%.
201213$211,774$21,100$7,033iApproximate average salary by contribution assumption: employee only about $175,833 at 4% or $117,222 at 6%; with 50% employer match about $117,222 at 4% or $78,148 at 6%; with 100% employer match about $87,917 at 4% or $58,611 at 6%.
The Turkish Towel Company Profit Sharing Plan-3$211,774$21,100$7,033iApproximate average salary by contribution assumption: employee only about $175,833 at 4% or $117,222 at 6%; with 50% employer match about $117,222 at 4% or $78,148 at 6%; with 100% employer match about $87,917 at 4% or $58,611 at 6%.
201114$223,445$9,500$2,375iApproximate average salary by contribution assumption: employee only about $59,375 at 4% or $39,583 at 6%; with 50% employer match about $39,583 at 4% or $26,389 at 6%; with 100% employer match about $29,688 at 4% or $19,792 at 6%.
The Turkish Towel Company Profit Sharing Plan-4$223,445$9,500$2,375iApproximate average salary by contribution assumption: employee only about $59,375 at 4% or $39,583 at 6%; with 50% employer match about $39,583 at 4% or $26,389 at 6%; with 100% employer match about $29,688 at 4% or $19,792 at 6%.
201014$153,348$19,500$4,875iApproximate average salary by contribution assumption: employee only about $121,875 at 4% or $81,250 at 6%; with 50% employer match about $81,250 at 4% or $54,167 at 6%; with 100% employer match about $60,938 at 4% or $40,625 at 6%.
The Turkish Towel Company Profit Sharing Plan-4$153,348$19,500$4,875iApproximate average salary by contribution assumption: employee only about $121,875 at 4% or $81,250 at 6%; with 50% employer match about $81,250 at 4% or $54,167 at 6%; with 100% employer match about $60,938 at 4% or $40,625 at 6%.
200913$94,841$11,500$3,833iApproximate average salary by contribution assumption: employee only about $95,833 at 4% or $63,889 at 6%; with 50% employer match about $63,889 at 4% or $42,593 at 6%; with 100% employer match about $47,917 at 4% or $31,944 at 6%.
The Turkish Towel Company Profit Sharing Plan-3$94,841$11,500$3,833iApproximate average salary by contribution assumption: employee only about $95,833 at 4% or $63,889 at 6%; with 50% employer match about $63,889 at 4% or $42,593 at 6%; with 100% employer match about $47,917 at 4% or $31,944 at 6%.
200813$84,414$25,375$8,458iApproximate average salary by contribution assumption: employee only about $211,458 at 4% or $140,972 at 6%; with 50% employer match about $140,972 at 4% or $93,981 at 6%; with 100% employer match about $105,729 at 4% or $70,486 at 6%.
The Turkish Towel Company Profit Sharing Plan-3$84,414$25,375$8,458iApproximate average salary by contribution assumption: employee only about $211,458 at 4% or $140,972 at 6%; with 50% employer match about $140,972 at 4% or $93,981 at 6%; with 100% employer match about $105,729 at 4% or $70,486 at 6%.
200712$77,721$43,725$21,863iApproximate average salary by contribution assumption: employee only about $546,563 at 4% or $364,375 at 6%; with 50% employer match about $364,375 at 4% or $242,917 at 6%; with 100% employer match about $273,281 at 4% or $182,188 at 6%.
The Turkish Towel Company Profit Sharing Plan-2$77,721$43,725$21,863iApproximate average salary by contribution assumption: employee only about $546,563 at 4% or $364,375 at 6%; with 50% employer match about $364,375 at 4% or $242,917 at 6%; with 100% employer match about $273,281 at 4% or $182,188 at 6%.
200611$54,111$37,520$37,520iApproximate average salary by contribution assumption: employee only about $938,000 at 4% or $625,333 at 6%; with 50% employer match about $625,333 at 4% or $416,889 at 6%; with 100% employer match about $469,000 at 4% or $312,667 at 6%.
The Turkish Towel Company Profit Sharing Plan-1$54,111$37,520$37,520iApproximate average salary by contribution assumption: employee only about $938,000 at 4% or $625,333 at 6%; with 50% employer match about $625,333 at 4% or $416,889 at 6%; with 100% employer match about $469,000 at 4% or $312,667 at 6%.
200511$15,002$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%.
The Turkish Towel Company Profit Sharing Plan-1$15,002$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%.