Civic Intelligence

Powermat Inc.

Plan context: Powermat Inc. 401(K) Plan

EIN 26-3076498 • Grandville, MI • 13 filings • 1 plans

2885 Sanford SW 40939Grandville, MI 49418-1342
Current Snapshot

Latest Year

2021

2021 Participants

2

2021 Assets

$28,139

2021 Contributions

$15,600

Historical Graphs

Total Assets Over Time

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

$545,987$272,994$0200920152020YearValue
$28,139Latest year 2020

Participants Over Time

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

1050200920152020YearValue
2Latest year 2020

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
202110$0$0-
Powermat Inc. 401(K) Plan-0$0$0-
202012$28,139$0-
Powermat Inc. 401(K) Plan-2$28,139$0-
201913$126,692$15,600$5,200iApproximate average salary by contribution assumption: employee only about $130,000 at 4% or $86,667 at 6%; with 50% employer match about $86,667 at 4% or $57,778 at 6%; with 100% employer match about $65,000 at 4% or $43,333 at 6%.
Powermat Inc. 401(K) Plan-3$126,692$15,600$5,200iApproximate average salary by contribution assumption: employee only about $130,000 at 4% or $86,667 at 6%; with 50% employer match about $86,667 at 4% or $57,778 at 6%; with 100% employer match about $65,000 at 4% or $43,333 at 6%.
201815$122,110$91,291$18,258iApproximate average salary by contribution assumption: employee only about $456,455 at 4% or $304,303 at 6%; with 50% employer match about $304,303 at 4% or $202,869 at 6%; with 100% employer match about $228,228 at 4% or $152,152 at 6%.
Powermat Inc. 401(K) Plan-5$122,110$91,291$18,258iApproximate average salary by contribution assumption: employee only about $456,455 at 4% or $304,303 at 6%; with 50% employer match about $304,303 at 4% or $202,869 at 6%; with 100% employer match about $228,228 at 4% or $152,152 at 6%.
201715$77,225$3,725$745iApproximate average salary by contribution assumption: employee only about $18,625 at 4% or $12,417 at 6%; with 50% employer match about $12,417 at 4% or $8,278 at 6%; with 100% employer match about $9,313 at 4% or $6,208 at 6%.
Powermat Inc. 401(K) Plan-5$77,225$3,725$745iApproximate average salary by contribution assumption: employee only about $18,625 at 4% or $12,417 at 6%; with 50% employer match about $12,417 at 4% or $8,278 at 6%; with 100% employer match about $9,313 at 4% or $6,208 at 6%.
201611$545,987$105,087$105,087iApproximate average salary by contribution assumption: employee only about $2,627,175 at 4% or $1,751,450 at 6%; with 50% employer match about $1,751,450 at 4% or $1,167,633 at 6%; with 100% employer match about $1,313,588 at 4% or $875,725 at 6%.
Powermat Inc. 401(K) Plan-1$545,987$105,087$105,087iApproximate average salary by contribution assumption: employee only about $2,627,175 at 4% or $1,751,450 at 6%; with 50% employer match about $1,751,450 at 4% or $1,167,633 at 6%; with 100% employer match about $1,313,588 at 4% or $875,725 at 6%.
2015110$400,157$125,985$12,599iApproximate average salary by contribution assumption: employee only about $314,963 at 4% or $209,975 at 6%; with 50% employer match about $209,975 at 4% or $139,983 at 6%; with 100% employer match about $157,481 at 4% or $104,988 at 6%.
Powermat Inc. 401(K) Plan-10$400,157$125,985$12,599iApproximate average salary by contribution assumption: employee only about $314,963 at 4% or $209,975 at 6%; with 50% employer match about $209,975 at 4% or $139,983 at 6%; with 100% employer match about $157,481 at 4% or $104,988 at 6%.
201418$416,338$117,310$14,664iApproximate average salary by contribution assumption: employee only about $366,594 at 4% or $244,396 at 6%; with 50% employer match about $244,396 at 4% or $162,931 at 6%; with 100% employer match about $183,297 at 4% or $122,198 at 6%.
Powermat Inc. 401(K) Plan-8$416,338$117,310$14,664iApproximate average salary by contribution assumption: employee only about $366,594 at 4% or $244,396 at 6%; with 50% employer match about $244,396 at 4% or $162,931 at 6%; with 100% employer match about $183,297 at 4% or $122,198 at 6%.
201319$296,404$120,518$13,391iApproximate average salary by contribution assumption: employee only about $334,772 at 4% or $223,181 at 6%; with 50% employer match about $223,181 at 4% or $148,788 at 6%; with 100% employer match about $167,386 at 4% or $111,591 at 6%.
Powermat Inc. 401(K) Plan-9$296,404$120,518$13,391iApproximate average salary by contribution assumption: employee only about $334,772 at 4% or $223,181 at 6%; with 50% employer match about $223,181 at 4% or $148,788 at 6%; with 100% employer match about $167,386 at 4% or $111,591 at 6%.
2012110$186,044$95,510$9,551iApproximate average salary by contribution assumption: employee only about $238,775 at 4% or $159,183 at 6%; with 50% employer match about $159,183 at 4% or $106,122 at 6%; with 100% employer match about $119,388 at 4% or $79,592 at 6%.
Powermat Inc. 401(K) Plan-10$186,044$95,510$9,551iApproximate average salary by contribution assumption: employee only about $238,775 at 4% or $159,183 at 6%; with 50% employer match about $159,183 at 4% or $106,122 at 6%; with 100% employer match about $119,388 at 4% or $79,592 at 6%.
201116$81,713$41,961$6,994iApproximate average salary by contribution assumption: employee only about $174,838 at 4% or $116,558 at 6%; with 50% employer match about $116,558 at 4% or $77,706 at 6%; with 100% employer match about $87,419 at 4% or $58,279 at 6%.
Powermat Inc. 401(K) Plan-6$81,713$41,961$6,994iApproximate average salary by contribution assumption: employee only about $174,838 at 4% or $116,558 at 6%; with 50% employer match about $116,558 at 4% or $77,706 at 6%; with 100% employer match about $87,419 at 4% or $58,279 at 6%.
201014$41,704$15,323$3,831iApproximate average salary by contribution assumption: employee only about $95,769 at 4% or $63,846 at 6%; with 50% employer match about $63,846 at 4% or $42,564 at 6%; with 100% employer match about $47,884 at 4% or $31,923 at 6%.
Powermat Inc. 401(K) Plan-4$41,704$15,323$3,831iApproximate average salary by contribution assumption: employee only about $95,769 at 4% or $63,846 at 6%; with 50% employer match about $63,846 at 4% or $42,564 at 6%; with 100% employer match about $47,884 at 4% or $31,923 at 6%.
200913$21,744$19,667$6,556iApproximate average salary by contribution assumption: employee only about $163,892 at 4% or $109,261 at 6%; with 50% employer match about $109,261 at 4% or $72,841 at 6%; with 100% employer match about $81,946 at 4% or $54,631 at 6%.
Powermat Inc. 401(K) Plan-3$21,744$19,667$6,556iApproximate average salary by contribution assumption: employee only about $163,892 at 4% or $109,261 at 6%; with 50% employer match about $109,261 at 4% or $72,841 at 6%; with 100% employer match about $81,946 at 4% or $54,631 at 6%.