Civic Intelligence

Innovative Manufacturing Inc.

Plan context: Innovative Manufacturing Inc. 401(K) Profit Sharing Plan

EIN 22-3514027 • Hillsborough, NJ • 14 filings • 2 plans

198 U.s. Route 206 SouthBuilding 4Hillsborough, NJ 08844
Current Snapshot

Latest Year

2024

2024 Participants

43

2024 Assets

$2,389,272

2024 Contributions

$272,248

Historical Graphs

Total Assets Over Time

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

$2,389,272$1,194,636$0201520202024YearValue
$2,389,272Latest year 2024

Participants Over Time

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

43220201520202024YearValue
43Latest 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
2024143$2,389,272$272,248$6,331iApproximate average salary by contribution assumption: employee only about $158,284 at 4% or $105,522 at 6%; with 50% employer match about $105,522 at 4% or $70,348 at 6%; with 100% employer match about $79,142 at 4% or $52,761 at 6%.
Innovative Manufacturing Inc. 401(K) Profit Sharing Plan-43$2,389,272$272,248$6,331iApproximate average salary by contribution assumption: employee only about $158,284 at 4% or $105,522 at 6%; with 50% employer match about $105,522 at 4% or $70,348 at 6%; with 100% employer match about $79,142 at 4% or $52,761 at 6%.
2023135$1,892,772$224,831$6,424iApproximate average salary by contribution assumption: employee only about $160,594 at 4% or $107,062 at 6%; with 50% employer match about $107,062 at 4% or $71,375 at 6%; with 100% employer match about $80,297 at 4% or $53,531 at 6%.
Innovative Manufacturing Inc. 401(K) Profit Sharing Plan-35$1,892,772$224,831$6,424iApproximate average salary by contribution assumption: employee only about $160,594 at 4% or $107,062 at 6%; with 50% employer match about $107,062 at 4% or $71,375 at 6%; with 100% employer match about $80,297 at 4% or $53,531 at 6%.
2022127$1,397,249$184,310$6,826iApproximate average salary by contribution assumption: employee only about $170,657 at 4% or $113,772 at 6%; with 50% employer match about $113,772 at 4% or $75,848 at 6%; with 100% employer match about $85,329 at 4% or $56,886 at 6%.
Innovative Manufacturing Inc. 401(K) Profit Sharing Plan-27$1,397,249$184,310$6,826iApproximate average salary by contribution assumption: employee only about $170,657 at 4% or $113,772 at 6%; with 50% employer match about $113,772 at 4% or $75,848 at 6%; with 100% employer match about $85,329 at 4% or $56,886 at 6%.
2021125$1,527,013$159,831$6,393iApproximate average salary by contribution assumption: employee only about $159,831 at 4% or $106,554 at 6%; with 50% employer match about $106,554 at 4% or $71,036 at 6%; with 100% employer match about $79,916 at 4% or $53,277 at 6%.
Innovative Manufacturing Inc. 401(K) Profit Sharing Plan-25$1,527,013$159,831$6,393iApproximate average salary by contribution assumption: employee only about $159,831 at 4% or $106,554 at 6%; with 50% employer match about $106,554 at 4% or $71,036 at 6%; with 100% employer match about $79,916 at 4% or $53,277 at 6%.
2020130$1,325,538$151,103$5,037iApproximate average salary by contribution assumption: employee only about $125,919 at 4% or $83,946 at 6%; with 50% employer match about $83,946 at 4% or $55,964 at 6%; with 100% employer match about $62,960 at 4% or $41,973 at 6%.
Innovative Manufacturing Inc. 401(K) Profit Sharing Plan-30$1,325,538$151,103$5,037iApproximate average salary by contribution assumption: employee only about $125,919 at 4% or $83,946 at 6%; with 50% employer match about $83,946 at 4% or $55,964 at 6%; with 100% employer match about $62,960 at 4% or $41,973 at 6%.
2019122$985,854$122,023$5,547iApproximate average salary by contribution assumption: employee only about $138,663 at 4% or $92,442 at 6%; with 50% employer match about $92,442 at 4% or $61,628 at 6%; with 100% employer match about $69,331 at 4% or $46,221 at 6%.
Innovative Manufacturing Inc. 401(K) Profit Sharing Plan-22$985,854$122,023$5,547iApproximate average salary by contribution assumption: employee only about $138,663 at 4% or $92,442 at 6%; with 50% employer match about $92,442 at 4% or $61,628 at 6%; with 100% employer match about $69,331 at 4% or $46,221 at 6%.
2018222$761,037$544,140$24,734iApproximate average salary by contribution assumption: employee only about $618,341 at 4% or $412,227 at 6%; with 50% employer match about $412,227 at 4% or $274,818 at 6%; with 100% employer match about $309,170 at 4% or $206,114 at 6%.
Innovative Manufacturing Inc. 401(K) Profit Sharing Plan-22$761,037$544,140$24,734iApproximate average salary by contribution assumption: employee only about $618,341 at 4% or $412,227 at 6%; with 50% employer match about $412,227 at 4% or $274,818 at 6%; with 100% employer match about $309,170 at 4% or $206,114 at 6%.
Innovative Manufacturing Inc. Cash Balance Pension Plan-0$0$0-
2017220$458,872$71,319$3,566iApproximate average salary by contribution assumption: employee only about $89,149 at 4% or $59,433 at 6%; with 50% employer match about $59,433 at 4% or $39,622 at 6%; with 100% employer match about $44,574 at 4% or $29,716 at 6%.
Innovative Manufacturing Inc. 401(K) Profit Sharing Plan-17$272,495$71,319$4,195iApproximate average salary by contribution assumption: employee only about $104,881 at 4% or $69,921 at 6%; with 50% employer match about $69,921 at 4% or $46,614 at 6%; with 100% employer match about $52,440 at 4% or $34,960 at 6%.
Innovative Manufacturing Inc. Cash Balance Pension Plan-20$186,377$0-
2016218$341,854$159,890$8,883iApproximate average salary by contribution assumption: employee only about $222,069 at 4% or $148,046 at 6%; with 50% employer match about $148,046 at 4% or $98,698 at 6%; with 100% employer match about $111,035 at 4% or $74,023 at 6%.
Innovative Manufacturing Inc. 401(K) Profit Sharing Plan-17$173,311$85,400$5,024iApproximate average salary by contribution assumption: employee only about $125,588 at 4% or $83,725 at 6%; with 50% employer match about $83,725 at 4% or $55,817 at 6%; with 100% employer match about $62,794 at 4% or $41,863 at 6%.
Innovative Manufacturing Inc. Cash Balance Pension Plan-18$168,543$74,490$4,138iApproximate average salary by contribution assumption: employee only about $103,458 at 4% or $68,972 at 6%; with 50% employer match about $68,972 at 4% or $45,981 at 6%; with 100% employer match about $51,729 at 4% or $34,486 at 6%.
2015215$167,607$172,042$11,469iApproximate average salary by contribution assumption: employee only about $286,737 at 4% or $191,158 at 6%; with 50% employer match about $191,158 at 4% or $127,439 at 6%; with 100% employer match about $143,368 at 4% or $95,579 at 6%.
Innovative Manufacturing Inc. Cash Balance Pension Plan-15$87,547$89,770$5,985iApproximate average salary by contribution assumption: employee only about $149,617 at 4% or $99,744 at 6%; with 50% employer match about $99,744 at 4% or $66,496 at 6%; with 100% employer match about $74,808 at 4% or $49,872 at 6%.
Innovative Manufacturing Inc. 401(K) Profit Sharing Plan-13$80,060$82,272$6,329iApproximate average salary by contribution assumption: employee only about $158,215 at 4% or $105,477 at 6%; with 50% employer match about $105,477 at 4% or $70,318 at 6%; with 100% employer match about $79,108 at 4% or $52,738 at 6%.