Civic Intelligence

Innovative Machining Technology Inc 401(K) Plan

Plan context: INNOVATIVE MACHINING TECHNOLOGY, INC 401(K) PLAN

EIN 23-2621851 • New Berlinville, PA • 10 filings • 3 plans

PO Box 441New Berlinville, PA 19545
Current Snapshot

Latest Year

2024

2024 Participants

32

2024 Assets

$1,148,186

2024 Contributions

$298,451

Historical Graphs

Total Assets Over Time

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

$1,148,186$574,093$0201720212024YearValue
$1,148,186Latest year 2024

Participants Over Time

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

36180201720212024YearValue
32Latest 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
2024232$1,148,186$298,451$9,327iApproximate average salary by contribution assumption: employee only about $233,165 at 4% or $155,443 at 6%; with 50% employer match about $155,443 at 4% or $103,629 at 6%; with 100% employer match about $116,582 at 4% or $77,722 at 6%.
INNOVATIVE MACHINING TECHNOLOGY, INC 401(K) PLAN-23$1,144,214$175,371$7,625iApproximate average salary by contribution assumption: employee only about $190,621 at 4% or $127,080 at 6%; with 50% employer match about $127,080 at 4% or $84,720 at 6%; with 100% employer match about $95,310 at 4% or $63,540 at 6%.
Innovative Machining Technology Inc. Group Health Plan-32$3,972$123,080$3,846iApproximate average salary by contribution assumption: employee only about $96,156 at 4% or $64,104 at 6%; with 50% employer match about $64,104 at 4% or $42,736 at 6%; with 100% employer match about $48,078 at 4% or $32,052 at 6%.
2023236$923,756$535,469$14,874iApproximate average salary by contribution assumption: employee only about $371,853 at 4% or $247,902 at 6%; with 50% employer match about $247,902 at 4% or $165,268 at 6%; with 100% employer match about $185,927 at 4% or $123,951 at 6%.
INNOVATIVE MACHINING TECHNOLOGY, INC 401(K) PLAN-25$905,549$164,921$6,597iApproximate average salary by contribution assumption: employee only about $164,921 at 4% or $109,947 at 6%; with 50% employer match about $109,947 at 4% or $73,298 at 6%; with 100% employer match about $82,461 at 4% or $54,974 at 6%.
Innovative Machining Technology Inc. Group Health Plan-36$18,207$370,548$10,293iApproximate average salary by contribution assumption: employee only about $257,325 at 4% or $171,550 at 6%; with 50% employer match about $171,550 at 4% or $114,367 at 6%; with 100% employer match about $128,663 at 4% or $85,775 at 6%.
2022127$709,486$35,099$1,300iApproximate average salary by contribution assumption: employee only about $32,499 at 4% or $21,666 at 6%; with 50% employer match about $21,666 at 4% or $14,444 at 6%; with 100% employer match about $16,250 at 4% or $10,833 at 6%.
INNOVATIVE MACHINING TECHNOLOGY, INC 401(K) PLAN-27$709,486$35,099$1,300iApproximate average salary by contribution assumption: employee only about $32,499 at 4% or $21,666 at 6%; with 50% employer match about $21,666 at 4% or $14,444 at 6%; with 100% employer match about $16,250 at 4% or $10,833 at 6%.
2021127$630,101$167,136$6,190iApproximate average salary by contribution assumption: employee only about $154,756 at 4% or $103,170 at 6%; with 50% employer match about $103,170 at 4% or $68,780 at 6%; with 100% employer match about $77,378 at 4% or $51,585 at 6%.
INNOVATIVE MACHINING TECHNOLOGY, INC. 401(K) PLAN-27$630,101$167,136$6,190iApproximate average salary by contribution assumption: employee only about $154,756 at 4% or $103,170 at 6%; with 50% employer match about $103,170 at 4% or $68,780 at 6%; with 100% employer match about $77,378 at 4% or $51,585 at 6%.
2020129$613,695$192,286$6,631iApproximate average salary by contribution assumption: employee only about $165,764 at 4% or $110,509 at 6%; with 50% employer match about $110,509 at 4% or $73,673 at 6%; with 100% employer match about $82,882 at 4% or $55,255 at 6%.
INNOVATIVE MACHINING TECHNOLOGY, INC. 401(K) PLAN-29$613,695$192,286$6,631iApproximate average salary by contribution assumption: employee only about $165,764 at 4% or $110,509 at 6%; with 50% employer match about $110,509 at 4% or $73,673 at 6%; with 100% employer match about $82,882 at 4% or $55,255 at 6%.
2019127$356,389$157,405$5,830iApproximate average salary by contribution assumption: employee only about $145,745 at 4% or $97,164 at 6%; with 50% employer match about $97,164 at 4% or $64,776 at 6%; with 100% employer match about $72,873 at 4% or $48,582 at 6%.
INNOVATIVE MACHINING TECHNOLOGY, INC. 401(K) PLAN-27$356,389$157,405$5,830iApproximate average salary by contribution assumption: employee only about $145,745 at 4% or $97,164 at 6%; with 50% employer match about $97,164 at 4% or $64,776 at 6%; with 100% employer match about $72,873 at 4% or $48,582 at 6%.
2018126$190,625$148,616$5,716iApproximate average salary by contribution assumption: employee only about $142,900 at 4% or $95,267 at 6%; with 50% employer match about $95,267 at 4% or $63,511 at 6%; with 100% employer match about $71,450 at 4% or $47,633 at 6%.
INNOVATIVE MACHINING TECHNOLOGY, INC. 401(K) PLAN-26$190,625$148,616$5,716iApproximate average salary by contribution assumption: employee only about $142,900 at 4% or $95,267 at 6%; with 50% employer match about $95,267 at 4% or $63,511 at 6%; with 100% employer match about $71,450 at 4% or $47,633 at 6%.
2017126$38,766$39,103$1,504iApproximate average salary by contribution assumption: employee only about $37,599 at 4% or $25,066 at 6%; with 50% employer match about $25,066 at 4% or $16,711 at 6%; with 100% employer match about $18,800 at 4% or $12,533 at 6%.
INNOVATIVE MACHINING TECHNOLOGY, INC. 401(K) PLAN-26$38,766$39,103$1,504iApproximate average salary by contribution assumption: employee only about $37,599 at 4% or $25,066 at 6%; with 50% employer match about $25,066 at 4% or $16,711 at 6%; with 100% employer match about $18,800 at 4% or $12,533 at 6%.