Civic Intelligence

Cove Machinery Inc.

Plan context: Cove Machinery Inc. 401(K) Profit Sharing Plan & Trust

EIN 25-1588232 • Mercersburg, PA • 25 filings • 8 plans

13395 Little Cove RoadMercersburg, PA 17236
Current Snapshot

Latest Year

2024

2024 Participants

8

2024 Assets

$2,617,433

2024 Contributions

$13,277

Historical Graphs

Total Assets Over Time

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

$2,617,433$1,308,717$0199920132024YearValue
$2,617,433Latest year 2024

Participants Over Time

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

1050199920132024YearValue
8Latest 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
202418$2,617,433$13,277$1,660iApproximate average salary by contribution assumption: employee only about $41,491 at 4% or $27,660 at 6%; with 50% employer match about $27,660 at 4% or $18,440 at 6%; with 100% employer match about $20,745 at 4% or $13,830 at 6%.
Cove Machinery Inc. 401(K) Profit Sharing Plan & Trust-8$2,617,433$13,277$1,660iApproximate average salary by contribution assumption: employee only about $41,491 at 4% or $27,660 at 6%; with 50% employer match about $27,660 at 4% or $18,440 at 6%; with 100% employer match about $20,745 at 4% or $13,830 at 6%.
202318$2,222,220$12,827$1,603iApproximate average salary by contribution assumption: employee only about $40,084 at 4% or $26,723 at 6%; with 50% employer match about $26,723 at 4% or $17,815 at 6%; with 100% employer match about $20,042 at 4% or $13,361 at 6%.
Cove Machinery Inc. 401(K) Profit Sharing Plan & Trust-8$2,222,220$12,827$1,603iApproximate average salary by contribution assumption: employee only about $40,084 at 4% or $26,723 at 6%; with 50% employer match about $26,723 at 4% or $17,815 at 6%; with 100% employer match about $20,042 at 4% or $13,361 at 6%.
202216$1,792,461$4,972$829iApproximate average salary by contribution assumption: employee only about $20,717 at 4% or $13,811 at 6%; with 50% employer match about $13,811 at 4% or $9,207 at 6%; with 100% employer match about $10,358 at 4% or $6,906 at 6%.
Cove Machinery Inc. 401(K) Profit Sharing Plan & Trust-6$1,792,461$4,972$829iApproximate average salary by contribution assumption: employee only about $20,717 at 4% or $13,811 at 6%; with 50% employer match about $13,811 at 4% or $9,207 at 6%; with 100% employer match about $10,358 at 4% or $6,906 at 6%.
202116$2,382,055$9,070$1,512iApproximate average salary by contribution assumption: employee only about $37,792 at 4% or $25,194 at 6%; with 50% employer match about $25,194 at 4% or $16,796 at 6%; with 100% employer match about $18,896 at 4% or $12,597 at 6%.
Cove Machinery Inc. 401(K) Profit Sharing Plan & Trust-6$2,382,055$9,070$1,512iApproximate average salary by contribution assumption: employee only about $37,792 at 4% or $25,194 at 6%; with 50% employer match about $25,194 at 4% or $16,796 at 6%; with 100% employer match about $18,896 at 4% or $12,597 at 6%.
202015$2,053,309$10,027$2,005iApproximate average salary by contribution assumption: employee only about $50,135 at 4% or $33,423 at 6%; with 50% employer match about $33,423 at 4% or $22,282 at 6%; with 100% employer match about $25,068 at 4% or $16,712 at 6%.
Cove Machinery Inc. 401(K) Profit Sharing Plan & Trust-5$2,053,309$10,027$2,005iApproximate average salary by contribution assumption: employee only about $50,135 at 4% or $33,423 at 6%; with 50% employer match about $33,423 at 4% or $22,282 at 6%; with 100% employer match about $25,068 at 4% or $16,712 at 6%.
201917$1,641,692$12,114$1,731iApproximate average salary by contribution assumption: employee only about $43,264 at 4% or $28,843 at 6%; with 50% employer match about $28,843 at 4% or $19,229 at 6%; with 100% employer match about $21,632 at 4% or $14,421 at 6%.
Cove Machinery Inc. 401(K) Profit Sharing Plan & Trust-7$1,641,692$12,114$1,731iApproximate average salary by contribution assumption: employee only about $43,264 at 4% or $28,843 at 6%; with 50% employer match about $28,843 at 4% or $19,229 at 6%; with 100% employer match about $21,632 at 4% or $14,421 at 6%.
2018110$1,312,008$17,679$1,768iApproximate average salary by contribution assumption: employee only about $44,198 at 4% or $29,465 at 6%; with 50% employer match about $29,465 at 4% or $19,643 at 6%; with 100% employer match about $22,099 at 4% or $14,733 at 6%.
Cove Machinery Inc. 401(K) Profit Sharing Plan & Trust-10$1,312,008$17,679$1,768iApproximate average salary by contribution assumption: employee only about $44,198 at 4% or $29,465 at 6%; with 50% employer match about $29,465 at 4% or $19,643 at 6%; with 100% employer match about $22,099 at 4% or $14,733 at 6%.
2017110$1,394,735$33,934$3,393iApproximate average salary by contribution assumption: employee only about $84,835 at 4% or $56,557 at 6%; with 50% employer match about $56,557 at 4% or $37,704 at 6%; with 100% employer match about $42,418 at 4% or $28,278 at 6%.
Cove Machinery Inc. 401(K) Profit Sharing Plan & Trust-10$1,394,735$33,934$3,393iApproximate average salary by contribution assumption: employee only about $84,835 at 4% or $56,557 at 6%; with 50% employer match about $56,557 at 4% or $37,704 at 6%; with 100% employer match about $42,418 at 4% or $28,278 at 6%.
201619$1,121,765$34,210$3,801iApproximate average salary by contribution assumption: employee only about $95,028 at 4% or $63,352 at 6%; with 50% employer match about $63,352 at 4% or $42,235 at 6%; with 100% employer match about $47,514 at 4% or $31,676 at 6%.
Cove Machinery Inc. 401(K) Profit Sharing Plan & Trust-9$1,121,765$34,210$3,801iApproximate average salary by contribution assumption: employee only about $95,028 at 4% or $63,352 at 6%; with 50% employer match about $63,352 at 4% or $42,235 at 6%; with 100% employer match about $47,514 at 4% or $31,676 at 6%.
201519$1,026,418$44,228$4,914iApproximate average salary by contribution assumption: employee only about $122,856 at 4% or $81,904 at 6%; with 50% employer match about $81,904 at 4% or $54,602 at 6%; with 100% employer match about $61,428 at 4% or $40,952 at 6%.
Cove Machinery Inc. 401(K) Profit Sharing Plan & Trust-9$1,026,418$44,228$4,914iApproximate average salary by contribution assumption: employee only about $122,856 at 4% or $81,904 at 6%; with 50% employer match about $81,904 at 4% or $54,602 at 6%; with 100% employer match about $61,428 at 4% or $40,952 at 6%.
201419$1,367,313$46,002$5,111iApproximate average salary by contribution assumption: employee only about $127,783 at 4% or $85,189 at 6%; with 50% employer match about $85,189 at 4% or $56,793 at 6%; with 100% employer match about $63,892 at 4% or $42,594 at 6%.
Cove Machinery Inc. 401(K) Profit Sharing Plan & Trust-9$1,367,313$46,002$5,111iApproximate average salary by contribution assumption: employee only about $127,783 at 4% or $85,189 at 6%; with 50% employer match about $85,189 at 4% or $56,793 at 6%; with 100% employer match about $63,892 at 4% or $42,594 at 6%.
201319$1,262,051$47,700$5,300iApproximate average salary by contribution assumption: employee only about $132,500 at 4% or $88,333 at 6%; with 50% employer match about $88,333 at 4% or $58,889 at 6%; with 100% employer match about $66,250 at 4% or $44,167 at 6%.
Cove Machinery Inc. 401(K) Profit Sharing Plan & Trust-9$1,262,051$47,700$5,300iApproximate average salary by contribution assumption: employee only about $132,500 at 4% or $88,333 at 6%; with 50% employer match about $88,333 at 4% or $58,889 at 6%; with 100% employer match about $66,250 at 4% or $44,167 at 6%.
201219$969,814$18,109$2,012iApproximate average salary by contribution assumption: employee only about $50,303 at 4% or $33,535 at 6%; with 50% employer match about $33,535 at 4% or $22,357 at 6%; with 100% employer match about $25,151 at 4% or $16,768 at 6%.
Cove Machinery Inc. 401(K) Profit Sharing Plan & Trust-9$969,814$18,109$2,012iApproximate average salary by contribution assumption: employee only about $50,303 at 4% or $33,535 at 6%; with 50% employer match about $33,535 at 4% or $22,357 at 6%; with 100% employer match about $25,151 at 4% or $16,768 at 6%.
201119$825,257$17,147$1,905iApproximate average salary by contribution assumption: employee only about $47,631 at 4% or $31,754 at 6%; with 50% employer match about $31,754 at 4% or $21,169 at 6%; with 100% employer match about $23,815 at 4% or $15,877 at 6%.
Cove Machinery Inc. 401(K) Profit Sharing Plan & Trust-9$825,257$17,147$1,905iApproximate average salary by contribution assumption: employee only about $47,631 at 4% or $31,754 at 6%; with 50% employer match about $31,754 at 4% or $21,169 at 6%; with 100% employer match about $23,815 at 4% or $15,877 at 6%.
201018$840,908$59,540$7,443iApproximate average salary by contribution assumption: employee only about $186,063 at 4% or $124,042 at 6%; with 50% employer match about $124,042 at 4% or $82,694 at 6%; with 100% employer match about $93,031 at 4% or $62,021 at 6%.
Cove Machinery Inc. 401(K) Profit Sharing Plan & Trust-8$840,908$59,540$7,443iApproximate average salary by contribution assumption: employee only about $186,063 at 4% or $124,042 at 6%; with 50% employer match about $124,042 at 4% or $82,694 at 6%; with 100% employer match about $93,031 at 4% or $62,021 at 6%.
200918$703,836$81,363$10,170iApproximate average salary by contribution assumption: employee only about $254,259 at 4% or $169,506 at 6%; with 50% employer match about $169,506 at 4% or $113,004 at 6%; with 100% employer match about $127,130 at 4% or $84,753 at 6%.
Cove Machinery Inc. 401(K) Profit Sharing Plan & Trust-8$703,836$81,363$10,170iApproximate average salary by contribution assumption: employee only about $254,259 at 4% or $169,506 at 6%; with 50% employer match about $169,506 at 4% or $113,004 at 6%; with 100% employer match about $127,130 at 4% or $84,753 at 6%.
200817$495,861$72,498$10,357iApproximate average salary by contribution assumption: employee only about $258,921 at 4% or $172,614 at 6%; with 50% employer match about $172,614 at 4% or $115,076 at 6%; with 100% employer match about $129,461 at 4% or $86,307 at 6%.
Cove Machinery Inc. 401(K) Profit Sharing Plan & Trust-7$495,861$72,498$10,357iApproximate average salary by contribution assumption: employee only about $258,921 at 4% or $172,614 at 6%; with 50% employer match about $172,614 at 4% or $115,076 at 6%; with 100% employer match about $129,461 at 4% or $86,307 at 6%.
200617$537,315$77,872$11,125iApproximate average salary by contribution assumption: employee only about $278,114 at 4% or $185,410 at 6%; with 50% employer match about $185,410 at 4% or $123,606 at 6%; with 100% employer match about $139,057 at 4% or $92,705 at 6%.
Cove Machinery Inc. 401(K) Profit Sharing Plan & Trust-7$537,315$77,872$11,125iApproximate average salary by contribution assumption: employee only about $278,114 at 4% or $185,410 at 6%; with 50% employer match about $185,410 at 4% or $123,606 at 6%; with 100% employer match about $139,057 at 4% or $92,705 at 6%.
200417$311,486$61,678$8,811iApproximate average salary by contribution assumption: employee only about $220,279 at 4% or $146,852 at 6%; with 50% employer match about $146,852 at 4% or $97,902 at 6%; with 100% employer match about $110,139 at 4% or $73,426 at 6%.
Cove Machinery Inc. 401(K) Profit Sharing Plan & Trust-7$311,486$61,678$8,811iApproximate average salary by contribution assumption: employee only about $220,279 at 4% or $146,852 at 6%; with 50% employer match about $146,852 at 4% or $97,902 at 6%; with 100% employer match about $110,139 at 4% or $73,426 at 6%.
200327$229,266$68,579$9,797iApproximate average salary by contribution assumption: employee only about $244,925 at 4% or $163,283 at 6%; with 50% employer match about $163,283 at 4% or $108,856 at 6%; with 100% employer match about $122,463 at 4% or $81,642 at 6%.
Cove Machinery Inc. 401(K) Profit Sharing Plan & Trust-0$229,266$68,579-
Cove Machinery Inc. 401(K) Profit Sharing Plan & Trust-7---
200217$122,037$66,225$9,461iApproximate average salary by contribution assumption: employee only about $236,518 at 4% or $157,679 at 6%; with 50% employer match about $157,679 at 4% or $105,119 at 6%; with 100% employer match about $118,259 at 4% or $78,839 at 6%.
Cove Machinery Inc. 401(K) Profit Sharing Plan & Trust-7$122,037$66,225$9,461iApproximate average salary by contribution assumption: employee only about $236,518 at 4% or $157,679 at 6%; with 50% employer match about $157,679 at 4% or $105,119 at 6%; with 100% employer match about $118,259 at 4% or $78,839 at 6%.
200116$67,672$72,102$12,017iApproximate average salary by contribution assumption: employee only about $300,425 at 4% or $200,283 at 6%; with 50% employer match about $200,283 at 4% or $133,522 at 6%; with 100% employer match about $150,213 at 4% or $100,142 at 6%.
Cove Machinery Inc. Defined Benefit Plan-6$67,672$72,102$12,017iApproximate average salary by contribution assumption: employee only about $300,425 at 4% or $200,283 at 6%; with 50% employer match about $200,283 at 4% or $133,522 at 6%; with 100% employer match about $150,213 at 4% or $100,142 at 6%.
200017$994,813$38,963$5,566iApproximate average salary by contribution assumption: employee only about $139,154 at 4% or $92,769 at 6%; with 50% employer match about $92,769 at 4% or $61,846 at 6%; with 100% employer match about $69,577 at 4% or $46,385 at 6%.
Cove Machinery Inc. Defined Benefit Plan-7$994,813$38,963$5,566iApproximate average salary by contribution assumption: employee only about $139,154 at 4% or $92,769 at 6%; with 50% employer match about $92,769 at 4% or $61,846 at 6%; with 100% employer match about $69,577 at 4% or $46,385 at 6%.
199917$972,974$71,149$10,164iApproximate average salary by contribution assumption: employee only about $254,104 at 4% or $169,402 at 6%; with 50% employer match about $169,402 at 4% or $112,935 at 6%; with 100% employer match about $127,052 at 4% or $84,701 at 6%.
Cove Machinery Inc. Defined Benefit Plan-7$972,974$71,149$10,164iApproximate average salary by contribution assumption: employee only about $254,104 at 4% or $169,402 at 6%; with 50% employer match about $169,402 at 4% or $112,935 at 6%; with 100% employer match about $127,052 at 4% or $84,701 at 6%.