Civic Intelligence

Sandvik Inc.

Plan context: Sandvik 401(K) Retirement Plan

EIN 22-1717737 • Mebane, NC • 197 filings • 36 plans

1483 Dogwood WayMebane, NC 27302-9115
Current Snapshot

Latest Year

2024

2024 Participants

2,609

2024 Assets

$1,281,856,470

2024 Contributions

$48,673,930

Historical Graphs

Total Assets Over Time

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

$1,688,973,622$844,486,811$0199920122024YearValue
$1,281,856,470Latest year 2024

Participants Over Time

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

4,5232,2620199920122024YearValue
2,609Latest 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
202432,609$1,281,856,470$48,673,930$18,656iApproximate average salary by contribution assumption: employee only about $466,404 at 4% or $310,936 at 6%; with 50% employer match about $310,936 at 4% or $207,291 at 6%; with 100% employer match about $233,202 at 4% or $155,468 at 6%.
Sandvik 401(K) Retirement Plan-2,603$693,014,267$48,673,930$18,699iApproximate average salary by contribution assumption: employee only about $467,479 at 4% or $311,653 at 6%; with 50% employer match about $311,653 at 4% or $207,769 at 6%; with 100% employer match about $233,740 at 4% or $155,826 at 6%.
Sandvik Pension Plan-371$588,842,203--
Sandvik Inc. Health and Welfare Benefits Plan-2,609---
2023102,711$1,242,469,212$45,572,761$16,810iApproximate average salary by contribution assumption: employee only about $420,258 at 4% or $280,172 at 6%; with 50% employer match about $280,172 at 4% or $186,781 at 6%; with 100% employer match about $210,129 at 4% or $140,086 at 6%.
Sandvik 401(K) Retirement Plan-2,711$624,019,207$45,572,761$16,810iApproximate average salary by contribution assumption: employee only about $420,258 at 4% or $280,172 at 6%; with 50% employer match about $280,172 at 4% or $186,781 at 6%; with 100% employer match about $210,129 at 4% or $140,086 at 6%.
Sandvik Pension Plan-403$618,450,005--
SANDVIK VOLUNTARY PLANS-382---
Sandvik Dental Plan-0---
Sandvik Inc. - Felxible Benefits Accounts-0---
Sandvik Inc. Retiree Reimbursement Account-0---
Sandvik Severance Plan-0---
Sandvik Retiree Medical Plan-0---
Sandvik Vision Plan-0---
Group Insurance Plan- All Employees of Sandvik Inc.-0---
2022112,577$1,154,423,625$44,124,168$17,122iApproximate average salary by contribution assumption: employee only about $428,058 at 4% or $285,372 at 6%; with 50% employer match about $285,372 at 4% or $190,248 at 6%; with 100% employer match about $214,029 at 4% or $142,686 at 6%.
Sandvik Pension Plan-431$614,582,388--
Sandvik 401(K) Retirement Plan-2,577$539,841,237$43,855,303$17,018iApproximate average salary by contribution assumption: employee only about $425,449 at 4% or $283,633 at 6%; with 50% employer match about $283,633 at 4% or $189,089 at 6%; with 100% employer match about $212,725 at 4% or $141,816 at 6%.
Group Insurance Plan- All Employees of Sandvik Inc.-2,559---
Sandvik Severance Plan-2,531---
Sandvik Inc. Retiree Reimbursement Account-443---
Sandvik Inc. - Felxible Benefits Accounts-2,177---
Sandvik Retiree Medical Plan-105---
Sandvik Dental Plan-2,337---
Sandvik Vision Plan-1,861---
SANDVIK VOLUNTARY PLANS-306---
ARTISAN VEHICLE SYSTEMS INC. 401(K) PROFIT SHARING PLAN & TRUST-0-$268,865-
202192,846$1,546,093,878$35,819,089$12,586iApproximate average salary by contribution assumption: employee only about $314,644 at 4% or $209,763 at 6%; with 50% employer match about $209,763 at 4% or $139,842 at 6%; with 100% employer match about $157,322 at 4% or $104,881 at 6%.
Sandvik Pension Plan-673$897,413,988--
Sandvik 401(K) Retirement Plan-2,379$648,679,890$35,819,089$15,056iApproximate average salary by contribution assumption: employee only about $376,409 at 4% or $250,939 at 6%; with 50% employer match about $250,939 at 4% or $167,293 at 6%; with 100% employer match about $188,205 at 4% or $125,470 at 6%.
Group Insurance Plan- All Employees of Sandvik Inc.-2,416---
Sandvik Severance Plan-2,846---
Sandvik Inc. Retiree Reimbursement Account-448---
Sandvik Inc. - Felxible Benefits Accounts-2,031---
Sandvik Retiree Medical Plan-----
Sandvik Dental Plan-2,179---
Sandvik Vision Plan-1,676---
202092,857$1,564,126,247$32,746,250$11,462iApproximate average salary by contribution assumption: employee only about $286,544 at 4% or $191,029 at 6%; with 50% employer match about $191,029 at 4% or $127,353 at 6%; with 100% employer match about $143,272 at 4% or $95,515 at 6%.
Sandvik Pension Plan-769$896,867,880$1,655$2iApproximate average salary by contribution assumption: employee only about $54 at 4% or $36 at 6%; with 50% employer match about $36 at 4% or $24 at 6%; with 100% employer match about $27 at 4% or $18 at 6%.
Sandvik 401(K) Retirement Plan-2,773$667,258,367$32,744,595$11,808iApproximate average salary by contribution assumption: employee only about $295,209 at 4% or $196,806 at 6%; with 50% employer match about $196,806 at 4% or $131,204 at 6%; with 100% employer match about $147,605 at 4% or $98,403 at 6%.
Group Insurance Plan- All Employees of Sandvik Inc.-2,857---
Sandvik Severance Plan-2,826---
Sandvik Inc. Retiree Reimbursement Account-----
Sandvik Inc. - Felxible Benefits Accounts-2,340---
Sandvik Retiree Medical Plan-----
Sandvik Dental Plan-2,580---
Sandvik Vision Plan-2,031---
201992,868$1,392,979,142$56,319,272$19,637iApproximate average salary by contribution assumption: employee only about $490,928 at 4% or $327,285 at 6%; with 50% employer match about $327,285 at 4% or $218,190 at 6%; with 100% employer match about $245,464 at 4% or $163,643 at 6%.
Sandvik Pension Plan-840$793,560,432$20,000,000$23,810iApproximate average salary by contribution assumption: employee only about $595,238 at 4% or $396,825 at 6%; with 50% employer match about $396,825 at 4% or $264,550 at 6%; with 100% employer match about $297,619 at 4% or $198,413 at 6%.
Sandvik 401(K) Retirement Plan-2,868$599,418,710$36,319,272$12,664iApproximate average salary by contribution assumption: employee only about $316,591 at 4% or $211,060 at 6%; with 50% employer match about $211,060 at 4% or $140,707 at 6%; with 100% employer match about $158,295 at 4% or $105,530 at 6%.
Sandvik Vision Plan-2,040---
Sandvik Inc. - Felxible Benefits Accounts-2,289---
Sandvik Dental Plan-2,656---
Sandvik Severance Plan-2,683---
Sandvik Retiree Medical Plan-----
Sandvik Inc. Retiree Reimbursement Account-----
Group Insurance Plan- All Employees of Sandvik Inc.-2,744---
201892,824$1,198,851,261$58,802,587$20,822iApproximate average salary by contribution assumption: employee only about $520,561 at 4% or $347,041 at 6%; with 50% employer match about $347,041 at 4% or $231,361 at 6%; with 100% employer match about $260,281 at 4% or $173,520 at 6%.
Sandvik Pension Plan-976$684,213,733$20,003,871$20,496iApproximate average salary by contribution assumption: employee only about $512,394 at 4% or $341,596 at 6%; with 50% employer match about $341,596 at 4% or $227,731 at 6%; with 100% employer match about $256,197 at 4% or $170,798 at 6%.
Sandvik 401(K) Retirement Plan-2,757$514,637,528$38,798,716$14,073iApproximate average salary by contribution assumption: employee only about $351,820 at 4% or $234,547 at 6%; with 50% employer match about $234,547 at 4% or $156,364 at 6%; with 100% employer match about $175,910 at 4% or $117,273 at 6%.
Sandvik Vision Plan-2,033---
Sandvik Dental Plan-2,824---
Sandvik Inc. - Felxible Benefits Accounts-2,317---
Sandvik Retiree Medical Plan-0---
Sandvik Inc. Retiree Reimbursement Account-----
Sandvik Severance Plan-2,757---
Group Insurance Plan- All Employees of Sandvik Inc.-2,734---
2017113,445$1,348,890,144$57,059,934$16,563iApproximate average salary by contribution assumption: employee only about $414,078 at 4% or $276,052 at 6%; with 50% employer match about $276,052 at 4% or $184,035 at 6%; with 100% employer match about $207,039 at 4% or $138,026 at 6%.
Sandvik Pension Plan-1,153$722,335,881$20,012,791$17,357iApproximate average salary by contribution assumption: employee only about $433,929 at 4% or $289,286 at 6%; with 50% employer match about $289,286 at 4% or $192,857 at 6%; with 100% employer match about $216,964 at 4% or $144,643 at 6%.
Sandvik 401(K) Retirement Plan-3,275$626,554,263$36,961,661$11,286iApproximate average salary by contribution assumption: employee only about $282,150 at 4% or $188,100 at 6%; with 50% employer match about $188,100 at 4% or $125,400 at 6%; with 100% employer match about $141,075 at 4% or $94,050 at 6%.
The 401(K) Plan for Sandvik Mining & Construction Brier Hill Employees Belonging to the United Mine Workers of America-0-$85,482-
Sandvik Vision Plan-1,598---
Sandvik Inc. - Felxible Benefits Accounts-2,708---
Sandvik Retiree Medical Plan-0---
Sandvik Dental Plan-2,674---
Sandvik Inc. Retiree Reimbursement Account-0---
Sandvik Severance Plan-3,445---
Group Insurance Plan- All Employees of Sandvik Inc.-3,306---
Sandvik Master Trust for 401K Plans-----
2016113,470$1,688,973,622$55,149,698$15,893iApproximate average salary by contribution assumption: employee only about $397,332 at 4% or $264,888 at 6%; with 50% employer match about $264,888 at 4% or $176,592 at 6%; with 100% employer match about $198,666 at 4% or $132,444 at 6%.
Sandvik Pension Plan-1,313$622,518,555$20,000,000$15,232iApproximate average salary by contribution assumption: employee only about $380,807 at 4% or $253,872 at 6%; with 50% employer match about $253,872 at 4% or $169,248 at 6%; with 100% employer match about $190,404 at 4% or $126,936 at 6%.
Sandvik 401(K) Retirement Plan-3,339$537,593,660$35,052,068$10,498iApproximate average salary by contribution assumption: employee only about $262,444 at 4% or $174,963 at 6%; with 50% employer match about $174,963 at 4% or $116,642 at 6%; with 100% employer match about $131,222 at 4% or $87,481 at 6%.
Sandvik Master Trust for 401K Plans--$528,325,360--
The 401(K) Plan for Sandvik Mining & Construction Brier Hill Employees Belonging to the United Mine Workers of America-29$536,047$97,630$3,367iApproximate average salary by contribution assumption: employee only about $84,164 at 4% or $56,109 at 6%; with 50% employer match about $56,109 at 4% or $37,406 at 6%; with 100% employer match about $42,082 at 4% or $28,055 at 6%.
Sandvik Inc. - Felxible Benefits Accounts-2,927---
Sandvik Retiree Medical Plan-0---
Sandvik Vision Plan-2,267---
Sandvik Dental Plan-2,955---
Sandvik Severance Plan-3,470---
Group Insurance Plan- All Employees of Sandvik Inc.-3,428---
Sandvik Inc. Retiree Reimbursement Account-332---
2015103,819$1,614,294,629$58,830,001$15,405iApproximate average salary by contribution assumption: employee only about $385,114 at 4% or $256,743 at 6%; with 50% employer match about $256,743 at 4% or $171,162 at 6%; with 100% employer match about $192,557 at 4% or $128,371 at 6%.
Sandvik Pension Plan-1,477$591,320,053$20,000,000$13,541iApproximate average salary by contribution assumption: employee only about $338,524 at 4% or $225,683 at 6%; with 50% employer match about $225,683 at 4% or $150,455 at 6%; with 100% employer match about $169,262 at 4% or $112,841 at 6%.
Sandvik 401(K) Retirement Plan-3,711$515,825,305$38,728,402$10,436iApproximate average salary by contribution assumption: employee only about $260,903 at 4% or $173,935 at 6%; with 50% employer match about $173,935 at 4% or $115,957 at 6%; with 100% employer match about $130,451 at 4% or $86,968 at 6%.
Sandvik Master Trust for 401K Plans--$506,657,682--
The 401(K) Plan for Sandvik Mining & Construction Brier Hill Employees Belonging to the United Mine Workers of America-36$491,589$101,599$2,822iApproximate average salary by contribution assumption: employee only about $70,555 at 4% or $47,037 at 6%; with 50% employer match about $47,037 at 4% or $31,358 at 6%; with 100% employer match about $35,277 at 4% or $23,518 at 6%.
Sandvik Dental Plan-3,289---
Sandvik Retiree Medical Plan-0---
Sandvik Severance Plan-3,624---
Sandvik Vision Plan-2,490---
Sandvik Inc. - Felxible Benefits Accounts-3,349---
Group Insurance Plan- All Employees of Sandvik Inc.-3,819---
2014103,880$1,566,798,486$67,240,216$17,330iApproximate average salary by contribution assumption: employee only about $433,249 at 4% or $288,833 at 6%; with 50% employer match about $288,833 at 4% or $192,555 at 6%; with 100% employer match about $216,624 at 4% or $144,416 at 6%.
Sandvik Pension Plan-1,617$602,282,034$40,000,000$24,737iApproximate average salary by contribution assumption: employee only about $618,429 at 4% or $412,286 at 6%; with 50% employer match about $412,286 at 4% or $274,857 at 6%; with 100% employer match about $309,215 at 4% or $206,143 at 6%.
Sandvik 401(K) Retirement Plan-3,448$518,245,127$27,116,873$7,865iApproximate average salary by contribution assumption: employee only about $196,613 at 4% or $131,075 at 6%; with 50% employer match about $131,075 at 4% or $87,384 at 6%; with 100% employer match about $98,307 at 4% or $65,538 at 6%.
Sandvik Master Trust for 401K Plans--$445,560,048--
The 401(K) Plan for Sandvik Mining & Construction Brier Hill Employees Belonging to the United Mine Workers of America-40$711,277$123,343$3,084iApproximate average salary by contribution assumption: employee only about $77,089 at 4% or $51,393 at 6%; with 50% employer match about $51,393 at 4% or $34,262 at 6%; with 100% employer match about $38,545 at 4% or $25,696 at 6%.
Sandvik Inc. - Felxible Benefits Accounts-3,127---
Sandvik Severance Plan-3,689---
Sandvik Dental Plan-3,156---
Sandvik Vision Plan-2,223---
Group Insurance Plan- All Employees of Sandvik Inc.-3,880---
Sandvik Retiree Medical Plan-0---
2013113,777$995,935,497$34,007,360$9,004iApproximate average salary by contribution assumption: employee only about $225,095 at 4% or $150,063 at 6%; with 50% employer match about $150,063 at 4% or $100,042 at 6%; with 100% employer match about $112,548 at 4% or $75,032 at 6%.
Sandvik Pension Plan-1,569$461,987,824$15,536,438$9,902iApproximate average salary by contribution assumption: employee only about $247,553 at 4% or $165,035 at 6%; with 50% employer match about $165,035 at 4% or $110,024 at 6%; with 100% employer match about $123,777 at 4% or $82,518 at 6%.
Sandvik Master Trust for 401K Plans--$416,454,358--
Sandvik 401(K) Retirement Plan-1,606$116,745,716$15,305,720$9,530iApproximate average salary by contribution assumption: employee only about $238,258 at 4% or $158,839 at 6%; with 50% employer match about $158,839 at 4% or $105,893 at 6%; with 100% employer match about $119,129 at 4% or $79,419 at 6%.
The 401(K) Plan for Sandvik Mining & Construction Brier Hill Employees Belonging to the United Mine Workers of America-45$747,599$122,715$2,727iApproximate average salary by contribution assumption: employee only about $68,175 at 4% or $45,450 at 6%; with 50% employer match about $45,450 at 4% or $30,300 at 6%; with 100% employer match about $34,088 at 4% or $22,725 at 6%.
Sandvik Inc. - Felxible Benefits Accounts-2,857---
Sandvik Retiree Medical Plan-0---
Sandvik Dental Plan-2,895---
Sandvik Vision Plan-1,903---
Sandvik Severance Plan-3,777---
Group Insurance Plan- All Employees of Sandvik Inc.-3,337---
Sandvik Defined Contribution Plan-0-$3,042,487-
2012123,263$998,518,607$68,647,962$21,038iApproximate average salary by contribution assumption: employee only about $525,957 at 4% or $350,638 at 6%; with 50% employer match about $350,638 at 4% or $233,759 at 6%; with 100% employer match about $262,979 at 4% or $175,319 at 6%.
Sandvik Dental Plan-2,865---
Sandvik Vision Plan-1,608---
Sandvik Inc. - Felxible Benefits Accounts-2,886---
Sandvik Retiree Medical Plan-0---
SANDVIK 2011/2012 SEVERANCE PLAN FOR MANAGEMENT RESTRUCTURING-0---
Sandvik Severance Plan-3,174---
Group Insurance Plan- All Employees of Sandvik Inc.-3,263---
2011113,817$1,000,444,340$64,640,268$16,935iApproximate average salary by contribution assumption: employee only about $423,371 at 4% or $282,247 at 6%; with 50% employer match about $282,247 at 4% or $188,165 at 6%; with 100% employer match about $211,685 at 4% or $141,124 at 6%.
201083,813$950,712,459$47,658,291$12,499iApproximate average salary by contribution assumption: employee only about $312,472 at 4% or $208,315 at 6%; with 50% employer match about $208,315 at 4% or $138,877 at 6%; with 100% employer match about $156,236 at 4% or $104,157 at 6%.
200964,014$822,141,173$37,349,017$9,305iApproximate average salary by contribution assumption: employee only about $232,617 at 4% or $155,078 at 6%; with 50% employer match about $155,078 at 4% or $103,385 at 6%; with 100% employer match about $116,309 at 4% or $77,539 at 6%.
200854,115$458,609,423$46,986,163$11,418iApproximate average salary by contribution assumption: employee only about $285,457 at 4% or $190,304 at 6%; with 50% employer match about $190,304 at 4% or $126,870 at 6%; with 100% employer match about $142,728 at 4% or $95,152 at 6%.
200753,692$542,371,336$42,049,534$11,389iApproximate average salary by contribution assumption: employee only about $284,734 at 4% or $189,823 at 6%; with 50% employer match about $189,823 at 4% or $126,548 at 6%; with 100% employer match about $142,367 at 4% or $94,911 at 6%.
200643,612$234,481,914$18,865,066$5,223iApproximate average salary by contribution assumption: employee only about $130,572 at 4% or $87,048 at 6%; with 50% employer match about $87,048 at 4% or $58,032 at 6%; with 100% employer match about $65,286 at 4% or $43,524 at 6%.
200543,654$431,616,942$52,326,531$14,320iApproximate average salary by contribution assumption: employee only about $358,009 at 4% or $238,672 at 6%; with 50% employer match about $238,672 at 4% or $159,115 at 6%; with 100% employer match about $179,004 at 4% or $119,336 at 6%.
200443,446$383,205,791$28,837,515$8,368iApproximate average salary by contribution assumption: employee only about $209,210 at 4% or $139,473 at 6%; with 50% employer match about $139,473 at 4% or $92,982 at 6%; with 100% employer match about $104,605 at 4% or $69,737 at 6%.
200383,604$478,144,448$52,687,882$14,619iApproximate average salary by contribution assumption: employee only about $365,482 at 4% or $243,655 at 6%; with 50% employer match about $243,655 at 4% or $162,436 at 6%; with 100% employer match about $182,741 at 4% or $121,827 at 6%.
200254,523$345,604,720$37,684,178$8,332iApproximate average salary by contribution assumption: employee only about $208,292 at 4% or $138,861 at 6%; with 50% employer match about $138,861 at 4% or $92,574 at 6%; with 100% employer match about $104,146 at 4% or $69,431 at 6%.
200143,577$374,868,764$17,510,111$4,895iApproximate average salary by contribution assumption: employee only about $122,380 at 4% or $81,587 at 6%; with 50% employer match about $81,587 at 4% or $54,391 at 6%; with 100% employer match about $61,190 at 4% or $40,793 at 6%.
200043,802$384,217,716$15,886,398$4,178iApproximate average salary by contribution assumption: employee only about $104,461 at 4% or $69,641 at 6%; with 50% employer match about $69,641 at 4% or $46,427 at 6%; with 100% employer match about $52,230 at 4% or $34,820 at 6%.
199943,007$397,136,253$14,944,304$4,970iApproximate average salary by contribution assumption: employee only about $124,246 at 4% or $82,831 at 6%; with 50% employer match about $82,831 at 4% or $55,220 at 6%; with 100% employer match about $62,123 at 4% or $41,415 at 6%.