Civic Intelligence

Iconic Motors Inc

Plan context: Elgin Volkswagen 401(K) Plan

EIN 30-0826514 • Elgin, IL • 9 filings • 1 plans

2630 Auto Mall DriveElgin, IL 60123
Current Snapshot

Latest Year

2024

2024 Participants

6

2024 Assets

$191,432

2024 Contributions

$26,909

Historical Graphs

Total Assets Over Time

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

$238,466$119,233$0201620202024YearValue
$191,432Latest year 2024

Participants Over Time

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

1160201620202024YearValue
6Latest 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
202416$191,432$26,909$4,485iApproximate average salary by contribution assumption: employee only about $112,121 at 4% or $74,747 at 6%; with 50% employer match about $74,747 at 4% or $49,831 at 6%; with 100% employer match about $56,060 at 4% or $37,374 at 6%.
Elgin Volkswagen 401(K) Plan-6$191,432$26,909$4,485iApproximate average salary by contribution assumption: employee only about $112,121 at 4% or $74,747 at 6%; with 50% employer match about $74,747 at 4% or $49,831 at 6%; with 100% employer match about $56,060 at 4% or $37,374 at 6%.
202315$153,896$26,032$5,206iApproximate average salary by contribution assumption: employee only about $130,160 at 4% or $86,773 at 6%; with 50% employer match about $86,773 at 4% or $57,849 at 6%; with 100% employer match about $65,080 at 4% or $43,387 at 6%.
Elgin Volkswagen 401(K) Plan-5$153,896$26,032$5,206iApproximate average salary by contribution assumption: employee only about $130,160 at 4% or $86,773 at 6%; with 50% employer match about $86,773 at 4% or $57,849 at 6%; with 100% employer match about $65,080 at 4% or $43,387 at 6%.
202218$135,460$15,069$1,884iApproximate average salary by contribution assumption: employee only about $47,091 at 4% or $31,394 at 6%; with 50% employer match about $31,394 at 4% or $20,929 at 6%; with 100% employer match about $23,545 at 4% or $15,697 at 6%.
Elgin Volkswagen 401(K) Plan-8$135,460$15,069$1,884iApproximate average salary by contribution assumption: employee only about $47,091 at 4% or $31,394 at 6%; with 50% employer match about $31,394 at 4% or $20,929 at 6%; with 100% employer match about $23,545 at 4% or $15,697 at 6%.
2021111$148,801$17,957$1,632iApproximate average salary by contribution assumption: employee only about $40,811 at 4% or $27,208 at 6%; with 50% employer match about $27,208 at 4% or $18,138 at 6%; with 100% employer match about $20,406 at 4% or $13,604 at 6%.
Elgin Volkswagen 401(K) Plan-11$148,801$17,957$1,632iApproximate average salary by contribution assumption: employee only about $40,811 at 4% or $27,208 at 6%; with 50% employer match about $27,208 at 4% or $18,138 at 6%; with 100% employer match about $20,406 at 4% or $13,604 at 6%.
202015$109,852$12,740$2,548iApproximate average salary by contribution assumption: employee only about $63,700 at 4% or $42,467 at 6%; with 50% employer match about $42,467 at 4% or $28,311 at 6%; with 100% employer match about $31,850 at 4% or $21,233 at 6%.
Elgin Volkswagen 401(K) Plan-5$109,852$12,740$2,548iApproximate average salary by contribution assumption: employee only about $63,700 at 4% or $42,467 at 6%; with 50% employer match about $42,467 at 4% or $28,311 at 6%; with 100% employer match about $31,850 at 4% or $21,233 at 6%.
201916$96,952$16,155$2,693iApproximate average salary by contribution assumption: employee only about $67,313 at 4% or $44,875 at 6%; with 50% employer match about $44,875 at 4% or $29,917 at 6%; with 100% employer match about $33,656 at 4% or $22,438 at 6%.
Elgin Volkswagen 401(K) Plan-6$96,952$16,155$2,693iApproximate average salary by contribution assumption: employee only about $67,313 at 4% or $44,875 at 6%; with 50% employer match about $44,875 at 4% or $29,917 at 6%; with 100% employer match about $33,656 at 4% or $22,438 at 6%.
201816$66,459$15,687$2,615iApproximate average salary by contribution assumption: employee only about $65,363 at 4% or $43,575 at 6%; with 50% employer match about $43,575 at 4% or $29,050 at 6%; with 100% employer match about $32,681 at 4% or $21,788 at 6%.
Elgin Volkswagen 401(K) Plan-6$66,459$15,687$2,615iApproximate average salary by contribution assumption: employee only about $65,363 at 4% or $43,575 at 6%; with 50% employer match about $43,575 at 4% or $29,050 at 6%; with 100% employer match about $32,681 at 4% or $21,788 at 6%.
201714$238,466$14,613$3,653iApproximate average salary by contribution assumption: employee only about $91,331 at 4% or $60,888 at 6%; with 50% employer match about $60,888 at 4% or $40,592 at 6%; with 100% employer match about $45,666 at 4% or $30,444 at 6%.
Elgin Volkswagen 401(K) Plan-4$238,466$14,613$3,653iApproximate average salary by contribution assumption: employee only about $91,331 at 4% or $60,888 at 6%; with 50% employer match about $60,888 at 4% or $40,592 at 6%; with 100% employer match about $45,666 at 4% or $30,444 at 6%.
201616$197,723$196,400$32,733iApproximate average salary by contribution assumption: employee only about $818,333 at 4% or $545,556 at 6%; with 50% employer match about $545,556 at 4% or $363,704 at 6%; with 100% employer match about $409,167 at 4% or $272,778 at 6%.
Elgin Volkswagen 401(K) Plan-6$197,723$196,400$32,733iApproximate average salary by contribution assumption: employee only about $818,333 at 4% or $545,556 at 6%; with 50% employer match about $545,556 at 4% or $363,704 at 6%; with 100% employer match about $409,167 at 4% or $272,778 at 6%.