Franklin Iron Works Inc
Plan context: Franklin Iron Works Inc. Retirement Plan
EIN 30-0089154 • Thorsby, AL • 10 filings • 1 plans
Current Snapshot
Latest Year
2021
2021 Participants
45
2021 Assets
$4,757,252
2021 Contributions
$271,348
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2021 | 1 | 45 | $4,757,252 | $271,348 | $6,030iApproximate average salary by contribution assumption: employee only about $150,749 at 4% or $100,499 at 6%; with 50% employer match about $100,499 at 4% or $67,000 at 6%; with 100% employer match about $75,374 at 4% or $50,250 at 6%. |
| Franklin Iron Works Inc. Retirement Plan | - | 45 | $4,757,252 | $271,348 | $6,030iApproximate average salary by contribution assumption: employee only about $150,749 at 4% or $100,499 at 6%; with 50% employer match about $100,499 at 4% or $67,000 at 6%; with 100% employer match about $75,374 at 4% or $50,250 at 6%. |
| 2020 | 1 | 47 | $4,312,896 | $307,494 | $6,542iApproximate average salary by contribution assumption: employee only about $163,561 at 4% or $109,040 at 6%; with 50% employer match about $109,040 at 4% or $72,694 at 6%; with 100% employer match about $81,780 at 4% or $54,520 at 6%. |
| Franklin Iron Works Inc. Retirement Plan | - | 47 | $4,312,896 | $307,494 | $6,542iApproximate average salary by contribution assumption: employee only about $163,561 at 4% or $109,040 at 6%; with 50% employer match about $109,040 at 4% or $72,694 at 6%; with 100% employer match about $81,780 at 4% or $54,520 at 6%. |
| 2019 | 1 | 47 | $3,577,570 | $275,890 | $5,870iApproximate average salary by contribution assumption: employee only about $146,750 at 4% or $97,833 at 6%; with 50% employer match about $97,833 at 4% or $65,222 at 6%; with 100% employer match about $73,375 at 4% or $48,917 at 6%. |
| Franklin Iron Works Inc. Retirement Plan | - | 47 | $3,577,570 | $275,890 | $5,870iApproximate average salary by contribution assumption: employee only about $146,750 at 4% or $97,833 at 6%; with 50% employer match about $97,833 at 4% or $65,222 at 6%; with 100% employer match about $73,375 at 4% or $48,917 at 6%. |
| 2018 | 1 | 45 | $2,763,881 | $246,762 | $5,484iApproximate average salary by contribution assumption: employee only about $137,090 at 4% or $91,393 at 6%; with 50% employer match about $91,393 at 4% or $60,929 at 6%; with 100% employer match about $68,545 at 4% or $45,697 at 6%. |
| Franklin Iron Works Inc. Retirement Plan | - | 45 | $2,763,881 | $246,762 | $5,484iApproximate average salary by contribution assumption: employee only about $137,090 at 4% or $91,393 at 6%; with 50% employer match about $91,393 at 4% or $60,929 at 6%; with 100% employer match about $68,545 at 4% or $45,697 at 6%. |
| 2017 | 1 | 39 | $2,866,798 | $271,374 | $6,958iApproximate average salary by contribution assumption: employee only about $173,958 at 4% or $115,972 at 6%; with 50% employer match about $115,972 at 4% or $77,315 at 6%; with 100% employer match about $86,979 at 4% or $57,986 at 6%. |
| Franklin Iron Works Inc. Retirement Plan | - | 39 | $2,866,798 | $271,374 | $6,958iApproximate average salary by contribution assumption: employee only about $173,958 at 4% or $115,972 at 6%; with 50% employer match about $115,972 at 4% or $77,315 at 6%; with 100% employer match about $86,979 at 4% or $57,986 at 6%. |
| 2016 | 1 | 41 | $2,621,461 | $221,482 | $5,402iApproximate average salary by contribution assumption: employee only about $135,050 at 4% or $90,033 at 6%; with 50% employer match about $90,033 at 4% or $60,022 at 6%; with 100% employer match about $67,525 at 4% or $45,017 at 6%. |
| Franklin Iron Works Inc. Retirement Plan | - | 41 | $2,621,461 | $221,482 | $5,402iApproximate average salary by contribution assumption: employee only about $135,050 at 4% or $90,033 at 6%; with 50% employer match about $90,033 at 4% or $60,022 at 6%; with 100% employer match about $67,525 at 4% or $45,017 at 6%. |
| 2015 | 1 | 39 | $2,328,749 | $311,011 | $7,975iApproximate average salary by contribution assumption: employee only about $199,366 at 4% or $132,911 at 6%; with 50% employer match about $132,911 at 4% or $88,607 at 6%; with 100% employer match about $99,683 at 4% or $66,455 at 6%. |
| Franklin Iron Works Inc. Retirement Plan | - | 39 | $2,328,749 | $311,011 | $7,975iApproximate average salary by contribution assumption: employee only about $199,366 at 4% or $132,911 at 6%; with 50% employer match about $132,911 at 4% or $88,607 at 6%; with 100% employer match about $99,683 at 4% or $66,455 at 6%. |
| 2014 | 1 | 36 | $2,063,735 | $322,489 | $8,958iApproximate average salary by contribution assumption: employee only about $223,951 at 4% or $149,300 at 6%; with 50% employer match about $149,300 at 4% or $99,534 at 6%; with 100% employer match about $111,975 at 4% or $74,650 at 6%. |
| Franklin Iron Works Inc. Retirement Plan | - | 36 | $2,063,735 | $322,489 | $8,958iApproximate average salary by contribution assumption: employee only about $223,951 at 4% or $149,300 at 6%; with 50% employer match about $149,300 at 4% or $99,534 at 6%; with 100% employer match about $111,975 at 4% or $74,650 at 6%. |
| 2013 | 1 | 35 | $1,806,960 | $477,152 | $13,633iApproximate average salary by contribution assumption: employee only about $340,823 at 4% or $227,215 at 6%; with 50% employer match about $227,215 at 4% or $151,477 at 6%; with 100% employer match about $170,411 at 4% or $113,608 at 6%. |
| Franklin Iron Works Inc. Retirement Plan | - | 35 | $1,806,960 | $477,152 | $13,633iApproximate average salary by contribution assumption: employee only about $340,823 at 4% or $227,215 at 6%; with 50% employer match about $227,215 at 4% or $151,477 at 6%; with 100% employer match about $170,411 at 4% or $113,608 at 6%. |
| 2012 | 1 | 30 | $1,233,511 | $166,324 | $5,544iApproximate average salary by contribution assumption: employee only about $138,603 at 4% or $92,402 at 6%; with 50% employer match about $92,402 at 4% or $61,601 at 6%; with 100% employer match about $69,302 at 4% or $46,201 at 6%. |
| Franklin Iron Works Inc. Retirement Plan | - | 30 | $1,233,511 | $166,324 | $5,544iApproximate average salary by contribution assumption: employee only about $138,603 at 4% or $92,402 at 6%; with 50% employer match about $92,402 at 4% or $61,601 at 6%; with 100% employer match about $69,302 at 4% or $46,201 at 6%. |