Civic Intelligence

Industrial Machine Tools Inc.

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

EIN 20-3184980 • Anacortes, WA • 26 filings • 3 plans

911 6th StreetAnacortes, WA 98221
Current Snapshot

Latest Year

2022

2022 Participants

2

2022 Assets

$1,886,909

2022 Contributions

$128,500

Historical Graphs

Total Assets Over Time

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

$5,206,402$2,603,201$0200620142022YearValue
$1,886,909Latest year 2022

Participants Over Time

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

530200520132022YearValue
2Latest year 2022

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
202212$1,886,909$128,500$64,250iApproximate average salary by contribution assumption: employee only about $1,606,250 at 4% or $1,070,833 at 6%; with 50% employer match about $1,070,833 at 4% or $713,889 at 6%; with 100% employer match about $803,125 at 4% or $535,417 at 6%.
Industrial Machine Tools Inc. Profit Sharing 401(K) Plan-2$1,886,909$128,500$64,250iApproximate average salary by contribution assumption: employee only about $1,606,250 at 4% or $1,070,833 at 6%; with 50% employer match about $1,070,833 at 4% or $713,889 at 6%; with 100% employer match about $803,125 at 4% or $535,417 at 6%.
202114$1,827,262$122,500$30,625iApproximate average salary by contribution assumption: employee only about $765,625 at 4% or $510,417 at 6%; with 50% employer match about $510,417 at 4% or $340,278 at 6%; with 100% employer match about $382,813 at 4% or $255,208 at 6%.
Industrial Machine Tools Inc. Profit Sharing 401(K) Plan-4$1,827,262$122,500$30,625iApproximate average salary by contribution assumption: employee only about $765,625 at 4% or $510,417 at 6%; with 50% employer match about $510,417 at 4% or $340,278 at 6%; with 100% employer match about $382,813 at 4% or $255,208 at 6%.
202014$2,292,435$264,100$66,025iApproximate average salary by contribution assumption: employee only about $1,650,625 at 4% or $1,100,417 at 6%; with 50% employer match about $1,100,417 at 4% or $733,611 at 6%; with 100% employer match about $825,313 at 4% or $550,208 at 6%.
Industrial Machine Tools Inc. Profit Sharing 401(K) Plan-4$2,292,435$264,100$66,025iApproximate average salary by contribution assumption: employee only about $1,650,625 at 4% or $1,100,417 at 6%; with 50% employer match about $1,100,417 at 4% or $733,611 at 6%; with 100% employer match about $825,313 at 4% or $550,208 at 6%.
201914$2,048,766$115,746$28,937iApproximate average salary by contribution assumption: employee only about $723,413 at 4% or $482,275 at 6%; with 50% employer match about $482,275 at 4% or $321,517 at 6%; with 100% employer match about $361,706 at 4% or $241,138 at 6%.
Industrial Machine Tools Inc. Profit Sharing 401(K) Plan-4$2,048,766$115,746$28,937iApproximate average salary by contribution assumption: employee only about $723,413 at 4% or $482,275 at 6%; with 50% employer match about $482,275 at 4% or $321,517 at 6%; with 100% employer match about $361,706 at 4% or $241,138 at 6%.
201623$5,206,402$711,150$237,050iApproximate average salary by contribution assumption: employee only about $5,926,250 at 4% or $3,950,833 at 6%; with 50% employer match about $3,950,833 at 4% or $2,633,889 at 6%; with 100% employer match about $2,963,125 at 4% or $1,975,417 at 6%.
Industrial Machine Tools Inc. Defined Benefit Pension Plan-2$3,740,087$514,200$257,100iApproximate average salary by contribution assumption: employee only about $6,427,500 at 4% or $4,285,000 at 6%; with 50% employer match about $4,285,000 at 4% or $2,856,667 at 6%; with 100% employer match about $3,213,750 at 4% or $2,142,500 at 6%.
Industrial Machine Tools Inc. Profit Sharing 401(K) Plan-3$1,466,315$196,950$65,650iApproximate average salary by contribution assumption: employee only about $1,641,250 at 4% or $1,094,167 at 6%; with 50% employer match about $1,094,167 at 4% or $729,444 at 6%; with 100% employer match about $820,625 at 4% or $547,083 at 6%.
201524$4,983,378$220,604$55,151iApproximate average salary by contribution assumption: employee only about $1,378,775 at 4% or $919,183 at 6%; with 50% employer match about $919,183 at 4% or $612,789 at 6%; with 100% employer match about $689,388 at 4% or $459,592 at 6%.
Industrial Machine Tools Inc. Defined Benefit Pension Plan-3$3,809,944--
Industrial Machine Tools Inc. Profit Sharing 401(K) Plan-4$1,173,434$220,604$55,151iApproximate average salary by contribution assumption: employee only about $1,378,775 at 4% or $919,183 at 6%; with 50% employer match about $919,183 at 4% or $612,789 at 6%; with 100% employer match about $689,388 at 4% or $459,592 at 6%.
201425$4,934,441$814,617$162,923iApproximate average salary by contribution assumption: employee only about $4,073,085 at 4% or $2,715,390 at 6%; with 50% employer match about $2,715,390 at 4% or $1,810,260 at 6%; with 100% employer match about $2,036,543 at 4% or $1,357,695 at 6%.
Industrial Machine Tools Inc. Defined Benefit Pension Plan-3$3,919,878$595,617$198,539iApproximate average salary by contribution assumption: employee only about $4,963,475 at 4% or $3,308,983 at 6%; with 50% employer match about $3,308,983 at 4% or $2,205,989 at 6%; with 100% employer match about $2,481,738 at 4% or $1,654,492 at 6%.
Industrial Machine Tools Inc. Profit Sharing 401(K) Plan-5$1,014,563$219,000$43,800iApproximate average salary by contribution assumption: employee only about $1,095,000 at 4% or $730,000 at 6%; with 50% employer match about $730,000 at 4% or $486,667 at 6%; with 100% employer match about $547,500 at 4% or $365,000 at 6%.
201325$4,114,495$816,502$163,300iApproximate average salary by contribution assumption: employee only about $4,082,510 at 4% or $2,721,673 at 6%; with 50% employer match about $2,721,673 at 4% or $1,814,449 at 6%; with 100% employer match about $2,041,255 at 4% or $1,360,837 at 6%.
Industrial Machine Tools Inc. Defined Benefit Pension Plan-3$3,330,916$626,885$208,962iApproximate average salary by contribution assumption: employee only about $5,224,042 at 4% or $3,482,694 at 6%; with 50% employer match about $3,482,694 at 4% or $2,321,796 at 6%; with 100% employer match about $2,612,021 at 4% or $1,741,347 at 6%.
Industrial Machine Tools Inc. Profit Sharing 401(K) Plan-5$783,579$189,617$37,923iApproximate average salary by contribution assumption: employee only about $948,085 at 4% or $632,057 at 6%; with 50% employer match about $632,057 at 4% or $421,371 at 6%; with 100% employer match about $474,043 at 4% or $316,028 at 6%.
201224$3,100,896$159,263$39,816iApproximate average salary by contribution assumption: employee only about $995,394 at 4% or $663,596 at 6%; with 50% employer match about $663,596 at 4% or $442,397 at 6%; with 100% employer match about $497,697 at 4% or $331,798 at 6%.
Industrial Machine Tools Inc. Defined Benefit Pension Plan-4$2,550,962$0-
Industrial Machine Tools Inc. Profit Sharing 401(K) Plan-4$549,934$159,263$39,816iApproximate average salary by contribution assumption: employee only about $995,394 at 4% or $663,596 at 6%; with 50% employer match about $663,596 at 4% or $442,397 at 6%; with 100% employer match about $497,697 at 4% or $331,798 at 6%.
201124$2,937,952$700,737$175,184iApproximate average salary by contribution assumption: employee only about $4,379,606 at 4% or $2,919,738 at 6%; with 50% employer match about $2,919,738 at 4% or $1,946,492 at 6%; with 100% employer match about $2,189,803 at 4% or $1,459,869 at 6%.
Industrial Machine Tools Inc. Defined Benefit Pension Plan-4$2,550,961$597,237$149,309iApproximate average salary by contribution assumption: employee only about $3,732,731 at 4% or $2,488,488 at 6%; with 50% employer match about $2,488,488 at 4% or $1,658,992 at 6%; with 100% employer match about $1,866,366 at 4% or $1,244,244 at 6%.
Industrial Machine Tools Inc. Profit Sharing 401(K) Plan-3$386,991$103,500$34,500iApproximate average salary by contribution assumption: employee only about $862,500 at 4% or $575,000 at 6%; with 50% employer match about $575,000 at 4% or $383,333 at 6%; with 100% employer match about $431,250 at 4% or $287,500 at 6%.
201023$2,355,682$594,092$198,031iApproximate average salary by contribution assumption: employee only about $4,950,767 at 4% or $3,300,511 at 6%; with 50% employer match about $3,300,511 at 4% or $2,200,341 at 6%; with 100% employer match about $2,475,383 at 4% or $1,650,256 at 6%.
Industrial Machine Tools Inc. Defined Benefit Pension Plan-3$2,044,903$500,592$166,864iApproximate average salary by contribution assumption: employee only about $4,171,600 at 4% or $2,781,067 at 6%; with 50% employer match about $2,781,067 at 4% or $1,854,044 at 6%; with 100% employer match about $2,085,800 at 4% or $1,390,533 at 6%.
Industrial Machine Tools Inc. Profit Sharing 401(K) Plan-3$310,779$93,500$31,167iApproximate average salary by contribution assumption: employee only about $779,167 at 4% or $519,444 at 6%; with 50% employer match about $519,444 at 4% or $346,296 at 6%; with 100% employer match about $389,583 at 4% or $259,722 at 6%.
200923$1,956,584$277,130$92,377iApproximate average salary by contribution assumption: employee only about $2,309,417 at 4% or $1,539,611 at 6%; with 50% employer match about $1,539,611 at 4% or $1,026,407 at 6%; with 100% employer match about $1,154,708 at 4% or $769,806 at 6%.
Industrial Machine Tools Inc. Defined Benefit Pension Plan-3$1,752,529$237,330$79,110iApproximate average salary by contribution assumption: employee only about $1,977,750 at 4% or $1,318,500 at 6%; with 50% employer match about $1,318,500 at 4% or $879,000 at 6%; with 100% employer match about $988,875 at 4% or $659,250 at 6%.
Industrial Machine Tools Inc. Profit Sharing 401(K) Plan-3$204,055$39,800$13,267iApproximate average salary by contribution assumption: employee only about $331,667 at 4% or $221,111 at 6%; with 50% employer match about $221,111 at 4% or $147,407 at 6%; with 100% employer match about $165,833 at 4% or $110,556 at 6%.
200813$0$0-
Industrial Machine Tools Inc. Profit Sharing 401(K) Plan-3---
200723$0$0-
Industrial Machine Tools Inc. Defined Benefit Pension Plan-3---
Industrial Machine Tools Inc. Profit Sharing 401(K) Plan-3---
200623$465,303$266,697$88,899iApproximate average salary by contribution assumption: employee only about $2,222,475 at 4% or $1,481,650 at 6%; with 50% employer match about $1,481,650 at 4% or $987,767 at 6%; with 100% employer match about $1,111,238 at 4% or $740,825 at 6%.
Industrial Machine Tools Inc. Defined Benefit Pension Plan-3$436,383$237,777$79,259iApproximate average salary by contribution assumption: employee only about $1,981,475 at 4% or $1,320,983 at 6%; with 50% employer match about $1,320,983 at 4% or $880,656 at 6%; with 100% employer match about $990,738 at 4% or $660,492 at 6%.
Industrial Machine Tools Inc. Profit Sharing 401(K) Plan-3$28,920$28,920$9,640iApproximate average salary by contribution assumption: employee only about $241,000 at 4% or $160,667 at 6%; with 50% employer match about $160,667 at 4% or $107,111 at 6%; with 100% employer match about $120,500 at 4% or $80,333 at 6%.
200513$0$0-
Industrial Machine Tools Inc. Defined Benefit Pension Plan-3---