Civic Intelligence

True Machine Company Inc.

Plan context: True Machine Company Inc. 401(K) Profit Sharing Plan

EIN 05-0422053 • Swansea, MA • 10 filings • 2 plans

2222 Grand Army Of The Republic HwySwansea, MA 02777
Current Snapshot

Latest Year

2024

2024 Participants

10

2024 Assets

$2,426,870

2024 Contributions

$168,312

Historical Graphs

Total Assets Over Time

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

$2,426,870$1,213,435$0201520202024YearValue
$2,426,870Latest year 2024

Participants Over Time

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

1260201520202024YearValue
10Latest 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
2024110$2,426,870$168,312$16,831iApproximate average salary by contribution assumption: employee only about $420,780 at 4% or $280,520 at 6%; with 50% employer match about $280,520 at 4% or $187,013 at 6%; with 100% employer match about $210,390 at 4% or $140,260 at 6%.
True Machine Company Inc. 401(K) Profit Sharing Plan-10$2,426,870$168,312$16,831iApproximate average salary by contribution assumption: employee only about $420,780 at 4% or $280,520 at 6%; with 50% employer match about $280,520 at 4% or $187,013 at 6%; with 100% employer match about $210,390 at 4% or $140,260 at 6%.
2023110$2,042,101$56,720$5,672iApproximate average salary by contribution assumption: employee only about $141,800 at 4% or $94,533 at 6%; with 50% employer match about $94,533 at 4% or $63,022 at 6%; with 100% employer match about $70,900 at 4% or $47,267 at 6%.
True Machine Company Inc. 401(K) Profit Sharing Plan-10$2,042,101$56,720$5,672iApproximate average salary by contribution assumption: employee only about $141,800 at 4% or $94,533 at 6%; with 50% employer match about $94,533 at 4% or $63,022 at 6%; with 100% employer match about $70,900 at 4% or $47,267 at 6%.
2022111$1,773,165$97,057$8,823iApproximate average salary by contribution assumption: employee only about $220,584 at 4% or $147,056 at 6%; with 50% employer match about $147,056 at 4% or $98,037 at 6%; with 100% employer match about $110,292 at 4% or $73,528 at 6%.
True Machine Company Inc. 401(K) Profit Sharing Plan-11$1,773,165$97,057$8,823iApproximate average salary by contribution assumption: employee only about $220,584 at 4% or $147,056 at 6%; with 50% employer match about $147,056 at 4% or $98,037 at 6%; with 100% employer match about $110,292 at 4% or $73,528 at 6%.
2021112$2,066,302$145,326$12,111iApproximate average salary by contribution assumption: employee only about $302,763 at 4% or $201,842 at 6%; with 50% employer match about $201,842 at 4% or $134,561 at 6%; with 100% employer match about $151,381 at 4% or $100,921 at 6%.
True Machine Company Inc. 401(K) Profit Sharing Plan-12$2,066,302$145,326$12,111iApproximate average salary by contribution assumption: employee only about $302,763 at 4% or $201,842 at 6%; with 50% employer match about $201,842 at 4% or $134,561 at 6%; with 100% employer match about $151,381 at 4% or $100,921 at 6%.
2020112$1,868,065$144,754$12,063iApproximate average salary by contribution assumption: employee only about $301,571 at 4% or $201,047 at 6%; with 50% employer match about $201,047 at 4% or $134,031 at 6%; with 100% employer match about $150,785 at 4% or $100,524 at 6%.
True Machine Company Inc. 401(K) Profit Sharing Plan-12$1,868,065$144,754$12,063iApproximate average salary by contribution assumption: employee only about $301,571 at 4% or $201,047 at 6%; with 50% employer match about $201,047 at 4% or $134,031 at 6%; with 100% employer match about $150,785 at 4% or $100,524 at 6%.
2019111$1,709,872$137,563$12,506iApproximate average salary by contribution assumption: employee only about $312,643 at 4% or $208,429 at 6%; with 50% employer match about $208,429 at 4% or $138,953 at 6%; with 100% employer match about $156,322 at 4% or $104,214 at 6%.
True Machine Company Inc. 401(K) Profit Sharing Plan-11$1,709,872$137,563$12,506iApproximate average salary by contribution assumption: employee only about $312,643 at 4% or $208,429 at 6%; with 50% employer match about $208,429 at 4% or $138,953 at 6%; with 100% employer match about $156,322 at 4% or $104,214 at 6%.
2018110$1,334,050$135,804$13,580iApproximate average salary by contribution assumption: employee only about $339,510 at 4% or $226,340 at 6%; with 50% employer match about $226,340 at 4% or $150,893 at 6%; with 100% employer match about $169,755 at 4% or $113,170 at 6%.
True Machine Company Inc. 401(K) Profit Sharing Plan-10$1,334,050$135,804$13,580iApproximate average salary by contribution assumption: employee only about $339,510 at 4% or $226,340 at 6%; with 50% employer match about $226,340 at 4% or $150,893 at 6%; with 100% employer match about $169,755 at 4% or $113,170 at 6%.
201719$2,258,096$266,859$29,651iApproximate average salary by contribution assumption: employee only about $741,275 at 4% or $494,183 at 6%; with 50% employer match about $494,183 at 4% or $329,456 at 6%; with 100% employer match about $370,638 at 4% or $247,092 at 6%.
True Machine Company Inc. 401(K) Profit Sharing Plan-9$2,258,096$266,859$29,651iApproximate average salary by contribution assumption: employee only about $741,275 at 4% or $494,183 at 6%; with 50% employer match about $494,183 at 4% or $329,456 at 6%; with 100% employer match about $370,638 at 4% or $247,092 at 6%.
201619$1,639,266$281,274$31,253iApproximate average salary by contribution assumption: employee only about $781,317 at 4% or $520,878 at 6%; with 50% employer match about $520,878 at 4% or $347,252 at 6%; with 100% employer match about $390,658 at 4% or $260,439 at 6%.
True Machine Company Inc. 401(K) Profit Sharing Plan-9$1,639,266$281,274$31,253iApproximate average salary by contribution assumption: employee only about $781,317 at 4% or $520,878 at 6%; with 50% employer match about $520,878 at 4% or $347,252 at 6%; with 100% employer match about $390,658 at 4% or $260,439 at 6%.
201519$1,227,493$1,256,181$139,576iApproximate average salary by contribution assumption: employee only about $3,489,392 at 4% or $2,326,261 at 6%; with 50% employer match about $2,326,261 at 4% or $1,550,841 at 6%; with 100% employer match about $1,744,696 at 4% or $1,163,131 at 6%.
True Machine Company Inc. 401(K) Profit Sharing Plan-9$1,227,493$1,256,181$139,576iApproximate average salary by contribution assumption: employee only about $3,489,392 at 4% or $2,326,261 at 6%; with 50% employer match about $2,326,261 at 4% or $1,550,841 at 6%; with 100% employer match about $1,744,696 at 4% or $1,163,131 at 6%.