Civic Intelligence

FASTOOL INC

Plan context: FASTOOL INC 401(K) PROFIT SHARING PLAN & TRUST

EIN 26-2890673 • Wayland, MI • 9 filings • 3 plans

1197 Electric AveWayland, MI 49348-8907
Current Snapshot

Latest Year

2025

2025 Participants

14

2025 Assets

$604,061

2025 Contributions

$61,690

Historical Graphs

Total Assets Over Time

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

$630,079$315,040$0201720212025YearValue
$604,061Latest year 2025

Participants Over Time

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

1470201720212025YearValue
14Latest year 2025

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
2025114$604,061$61,690$4,406iApproximate average salary by contribution assumption: employee only about $110,161 at 4% or $73,440 at 6%; with 50% employer match about $73,440 at 4% or $48,960 at 6%; with 100% employer match about $55,080 at 4% or $36,720 at 6%.
FASTOOL INC 401(K) PROFIT SHARING PLAN & TRUST-14$604,061$61,690$4,406iApproximate average salary by contribution assumption: employee only about $110,161 at 4% or $73,440 at 6%; with 50% employer match about $73,440 at 4% or $48,960 at 6%; with 100% employer match about $55,080 at 4% or $36,720 at 6%.
2024114$630,079$69,416$4,958iApproximate average salary by contribution assumption: employee only about $123,957 at 4% or $82,638 at 6%; with 50% employer match about $82,638 at 4% or $55,092 at 6%; with 100% employer match about $61,979 at 4% or $41,319 at 6%.
FASTOOL INC 401(K) PROFIT SHARING PLAN & TRUST-14$630,079$69,416$4,958iApproximate average salary by contribution assumption: employee only about $123,957 at 4% or $82,638 at 6%; with 50% employer match about $82,638 at 4% or $55,092 at 6%; with 100% employer match about $61,979 at 4% or $41,319 at 6%.
2023113$560,308$66,417$5,109iApproximate average salary by contribution assumption: employee only about $127,725 at 4% or $85,150 at 6%; with 50% employer match about $85,150 at 4% or $56,767 at 6%; with 100% employer match about $63,863 at 4% or $42,575 at 6%.
FASTOOL INC 401(K) PROFIT SHARING PLAN & TRUST-13$560,308$66,417$5,109iApproximate average salary by contribution assumption: employee only about $127,725 at 4% or $85,150 at 6%; with 50% employer match about $85,150 at 4% or $56,767 at 6%; with 100% employer match about $63,863 at 4% or $42,575 at 6%.
2022111$415,509$59,651$5,423iApproximate average salary by contribution assumption: employee only about $135,570 at 4% or $90,380 at 6%; with 50% employer match about $90,380 at 4% or $60,254 at 6%; with 100% employer match about $67,785 at 4% or $45,190 at 6%.
FASTOOL INC 401(K) PROFIT SHARING PLAN & TRUST-11$415,509$59,651$5,423iApproximate average salary by contribution assumption: employee only about $135,570 at 4% or $90,380 at 6%; with 50% employer match about $90,380 at 4% or $60,254 at 6%; with 100% employer match about $67,785 at 4% or $45,190 at 6%.
2021111$460,261$124,037$11,276iApproximate average salary by contribution assumption: employee only about $281,902 at 4% or $187,935 at 6%; with 50% employer match about $187,935 at 4% or $125,290 at 6%; with 100% employer match about $140,951 at 4% or $93,967 at 6%.
FASTOOL INC 401(K) PROFIT SHARING PLAN & TRUST-11$460,261$124,037$11,276iApproximate average salary by contribution assumption: employee only about $281,902 at 4% or $187,935 at 6%; with 50% employer match about $187,935 at 4% or $125,290 at 6%; with 100% employer match about $140,951 at 4% or $93,967 at 6%.
202019$272,619$58,540$6,504iApproximate average salary by contribution assumption: employee only about $162,611 at 4% or $108,407 at 6%; with 50% employer match about $108,407 at 4% or $72,272 at 6%; with 100% employer match about $81,306 at 4% or $54,204 at 6%.
FASTOOL INC 401(K) PROFIT SHARING PLAN & TRUST-9$272,619$58,540$6,504iApproximate average salary by contribution assumption: employee only about $162,611 at 4% or $108,407 at 6%; with 50% employer match about $108,407 at 4% or $72,272 at 6%; with 100% employer match about $81,306 at 4% or $54,204 at 6%.
2019110$173,751$49,986$4,999iApproximate average salary by contribution assumption: employee only about $124,965 at 4% or $83,310 at 6%; with 50% employer match about $83,310 at 4% or $55,540 at 6%; with 100% employer match about $62,483 at 4% or $41,655 at 6%.
FASTOOL INC 401(K) PROFIT SHARING PLAN & TRUST-10$173,751$49,986$4,999iApproximate average salary by contribution assumption: employee only about $124,965 at 4% or $83,310 at 6%; with 50% employer match about $83,310 at 4% or $55,540 at 6%; with 100% employer match about $62,483 at 4% or $41,655 at 6%.
201818$102,640$49,186$6,148iApproximate average salary by contribution assumption: employee only about $153,706 at 4% or $102,471 at 6%; with 50% employer match about $102,471 at 4% or $68,314 at 6%; with 100% employer match about $76,853 at 4% or $51,235 at 6%.
FASTOOL INC 401 K PROFIT SHARING PLAN TRUST-8$102,640$49,186$6,148iApproximate average salary by contribution assumption: employee only about $153,706 at 4% or $102,471 at 6%; with 50% employer match about $102,471 at 4% or $68,314 at 6%; with 100% employer match about $76,853 at 4% or $51,235 at 6%.
201716$58,947$57,463$9,577iApproximate average salary by contribution assumption: employee only about $239,429 at 4% or $159,619 at 6%; with 50% employer match about $159,619 at 4% or $106,413 at 6%; with 100% employer match about $119,715 at 4% or $79,810 at 6%.
FASTOOL INCORPORATED 401 K PROFIT SHARING PLAN TRUST-6$58,947$57,463$9,577iApproximate average salary by contribution assumption: employee only about $239,429 at 4% or $159,619 at 6%; with 50% employer match about $159,619 at 4% or $106,413 at 6%; with 100% employer match about $119,715 at 4% or $79,810 at 6%.