Civic Intelligence

Banks Manufacturing Co.

Plan context: BANKS MFG COMPANY INC CHAMBER BENEFIT ARRANGEMENT PLAN

EIN 34-0805079 • Grafton, OH • 16 filings • 5 plans

40259 Banks RdGrafton, OH 44044
Current Snapshot

Latest Year

2024

2024 Participants

3

2024 Assets

$2,442

2024 Contributions

$46,001

Historical Graphs

Total Assets Over Time

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

$255,808$127,904$0199920072024YearValue
$2,442Latest year 2024

Participants Over Time

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

1050199920072024YearValue
3Latest 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
202413$2,442$46,001$15,334iApproximate average salary by contribution assumption: employee only about $383,342 at 4% or $255,561 at 6%; with 50% employer match about $255,561 at 4% or $170,374 at 6%; with 100% employer match about $191,671 at 4% or $127,781 at 6%.
BANKS MFG COMPANY INC CHAMBER BENEFIT ARRANGEMENT PLAN-3$2,442$46,001$15,334iApproximate average salary by contribution assumption: employee only about $383,342 at 4% or $255,561 at 6%; with 50% employer match about $255,561 at 4% or $170,374 at 6%; with 100% employer match about $191,671 at 4% or $127,781 at 6%.
201224$255,808$15,609$3,902iApproximate average salary by contribution assumption: employee only about $97,556 at 4% or $65,038 at 6%; with 50% employer match about $65,038 at 4% or $43,358 at 6%; with 100% employer match about $48,778 at 4% or $32,519 at 6%.
Banks Manufacturing Co. 401K Retirement Plan-4$255,808$12,296$3,074iApproximate average salary by contribution assumption: employee only about $76,850 at 4% or $51,233 at 6%; with 50% employer match about $51,233 at 4% or $34,156 at 6%; with 100% employer match about $38,425 at 4% or $25,617 at 6%.
Banks Manufacturing Co. 401K Retirement Plan-0$0$3,313-
201116$213,953$12,401$2,067iApproximate average salary by contribution assumption: employee only about $51,671 at 4% or $34,447 at 6%; with 50% employer match about $34,447 at 4% or $22,965 at 6%; with 100% employer match about $25,835 at 4% or $17,224 at 6%.
Banks Manufacturing Co. 401K Retirement Plan-6$213,953$12,401$2,067iApproximate average salary by contribution assumption: employee only about $51,671 at 4% or $34,447 at 6%; with 50% employer match about $34,447 at 4% or $22,965 at 6%; with 100% employer match about $25,835 at 4% or $17,224 at 6%.
201014$211,511$11,625$2,906iApproximate average salary by contribution assumption: employee only about $72,656 at 4% or $48,438 at 6%; with 50% employer match about $48,438 at 4% or $32,292 at 6%; with 100% employer match about $36,328 at 4% or $24,219 at 6%.
Banks Manufacturing Co. 401K Retirement Plan-4$211,511$11,625$2,906iApproximate average salary by contribution assumption: employee only about $72,656 at 4% or $48,438 at 6%; with 50% employer match about $48,438 at 4% or $32,292 at 6%; with 100% employer match about $36,328 at 4% or $24,219 at 6%.
200915$180,131$13,744$2,749iApproximate average salary by contribution assumption: employee only about $68,720 at 4% or $45,813 at 6%; with 50% employer match about $45,813 at 4% or $30,542 at 6%; with 100% employer match about $34,360 at 4% or $22,907 at 6%.
Banks Manufacturing Co. 401K Retirement Plan-5$180,131$13,744$2,749iApproximate average salary by contribution assumption: employee only about $68,720 at 4% or $45,813 at 6%; with 50% employer match about $45,813 at 4% or $30,542 at 6%; with 100% employer match about $34,360 at 4% or $22,907 at 6%.
200816$181,963$21,286$3,548iApproximate average salary by contribution assumption: employee only about $88,692 at 4% or $59,128 at 6%; with 50% employer match about $59,128 at 4% or $39,419 at 6%; with 100% employer match about $44,346 at 4% or $29,564 at 6%.
Banks Manufacturing Co. 401K Retirement Plan-6$181,963$21,286$3,548iApproximate average salary by contribution assumption: employee only about $88,692 at 4% or $59,128 at 6%; with 50% employer match about $59,128 at 4% or $39,419 at 6%; with 100% employer match about $44,346 at 4% or $29,564 at 6%.
200717$243,579$17,246$2,464iApproximate average salary by contribution assumption: employee only about $61,593 at 4% or $41,062 at 6%; with 50% employer match about $41,062 at 4% or $27,375 at 6%; with 100% employer match about $30,796 at 4% or $20,531 at 6%.
Banks Manufacturing Co. 401K Retirement Plan-7$243,579$17,246$2,464iApproximate average salary by contribution assumption: employee only about $61,593 at 4% or $41,062 at 6%; with 50% employer match about $41,062 at 4% or $27,375 at 6%; with 100% employer match about $30,796 at 4% or $20,531 at 6%.
2006110$236,401$20,578$2,058iApproximate average salary by contribution assumption: employee only about $51,445 at 4% or $34,297 at 6%; with 50% employer match about $34,297 at 4% or $22,864 at 6%; with 100% employer match about $25,723 at 4% or $17,148 at 6%.
Banks Manufacturing Co. 401K Retirement Plan-10$236,401$20,578$2,058iApproximate average salary by contribution assumption: employee only about $51,445 at 4% or $34,297 at 6%; with 50% employer match about $34,297 at 4% or $22,864 at 6%; with 100% employer match about $25,723 at 4% or $17,148 at 6%.
200518$229,824$20,844$2,606iApproximate average salary by contribution assumption: employee only about $65,138 at 4% or $43,425 at 6%; with 50% employer match about $43,425 at 4% or $28,950 at 6%; with 100% employer match about $32,569 at 4% or $21,713 at 6%.
Banks Manufacturing Co. 401K Retirement Plan-8$229,824$20,844$2,606iApproximate average salary by contribution assumption: employee only about $65,138 at 4% or $43,425 at 6%; with 50% employer match about $43,425 at 4% or $28,950 at 6%; with 100% employer match about $32,569 at 4% or $21,713 at 6%.
200418$198,681$21,912$2,739iApproximate average salary by contribution assumption: employee only about $68,475 at 4% or $45,650 at 6%; with 50% employer match about $45,650 at 4% or $30,433 at 6%; with 100% employer match about $34,238 at 4% or $22,825 at 6%.
Banks Manufacturing Co. 401K Retirement Plan-8$198,681$21,912$2,739iApproximate average salary by contribution assumption: employee only about $68,475 at 4% or $45,650 at 6%; with 50% employer match about $45,650 at 4% or $30,433 at 6%; with 100% employer match about $34,238 at 4% or $22,825 at 6%.
200318$166,279$22,641$2,830iApproximate average salary by contribution assumption: employee only about $70,753 at 4% or $47,169 at 6%; with 50% employer match about $47,169 at 4% or $31,446 at 6%; with 100% employer match about $35,377 at 4% or $23,584 at 6%.
Banks Manufacturing Co. 401K Retirement Plan-8$166,279$22,641$2,830iApproximate average salary by contribution assumption: employee only about $70,753 at 4% or $47,169 at 6%; with 50% employer match about $47,169 at 4% or $31,446 at 6%; with 100% employer match about $35,377 at 4% or $23,584 at 6%.
200210$0$0-
Banks Manufacturing Co. 401K Retirement Plan-0---
200118$32,078$0-
Banks Manufacturing Co. 401K Retirement Plan-8$32,078--
2000110$80,354$46,136$4,614iApproximate average salary by contribution assumption: employee only about $115,340 at 4% or $76,893 at 6%; with 50% employer match about $76,893 at 4% or $51,262 at 6%; with 100% employer match about $57,670 at 4% or $38,447 at 6%.
Banks Manufacturing Co. 401K Retirement Plan-10$80,354$46,136$4,614iApproximate average salary by contribution assumption: employee only about $115,340 at 4% or $76,893 at 6%; with 50% employer match about $76,893 at 4% or $51,262 at 6%; with 100% employer match about $57,670 at 4% or $38,447 at 6%.
199918$36,539$36,539$4,567iApproximate average salary by contribution assumption: employee only about $114,184 at 4% or $76,123 at 6%; with 50% employer match about $76,123 at 4% or $50,749 at 6%; with 100% employer match about $57,092 at 4% or $38,061 at 6%.
Banks Manufacturing Co. 401K Retirement Plan-8$36,539$36,539$4,567iApproximate average salary by contribution assumption: employee only about $114,184 at 4% or $76,123 at 6%; with 50% employer match about $76,123 at 4% or $50,749 at 6%; with 100% employer match about $57,092 at 4% or $38,061 at 6%.