Civic Intelligence

Herman Machine Inc.

Plan context: Herman Machine Inc. 401(K) Profit Sharing Plan

EIN 34-1118995 • Talmadge, OH • 14 filings • 2 plans

298 Northeast AvenueTalmadge, OH 44278
Current Snapshot

Latest Year

2024

2024 Participants

33

2024 Assets

$2,116,040

2024 Contributions

$215,049

Historical Graphs

Total Assets Over Time

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

$2,128,891$1,064,446$0201220182024YearValue
$2,116,040Latest year 2024

Participants Over Time

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

37190201220182024YearValue
33Latest 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
2024133$2,116,040$215,049$6,517iApproximate average salary by contribution assumption: employee only about $162,916 at 4% or $108,611 at 6%; with 50% employer match about $108,611 at 4% or $72,407 at 6%; with 100% employer match about $81,458 at 4% or $54,305 at 6%.
Herman Machine Inc. 401(K) Profit Sharing Plan-33$2,116,040$215,049$6,517iApproximate average salary by contribution assumption: employee only about $162,916 at 4% or $108,611 at 6%; with 50% employer match about $108,611 at 4% or $72,407 at 6%; with 100% employer match about $81,458 at 4% or $54,305 at 6%.
2023232$2,128,891$450,033$14,064iApproximate average salary by contribution assumption: employee only about $351,588 at 4% or $234,392 at 6%; with 50% employer match about $234,392 at 4% or $156,261 at 6%; with 100% employer match about $175,794 at 4% or $117,196 at 6%.
Herman Machine Inc. 401(K) Profit Sharing Plan-32$2,110,912$216,930$6,779iApproximate average salary by contribution assumption: employee only about $169,477 at 4% or $112,984 at 6%; with 50% employer match about $112,984 at 4% or $75,323 at 6%; with 100% employer match about $84,738 at 4% or $56,492 at 6%.
HERMAN MACHINE INC CHAMBER BENEFIT ARRANGEMENT PLAN-16$17,979$233,103$14,569iApproximate average salary by contribution assumption: employee only about $364,223 at 4% or $242,816 at 6%; with 50% employer match about $242,816 at 4% or $161,877 at 6%; with 100% employer match about $182,112 at 4% or $121,408 at 6%.
2022129$1,671,011$176,496$6,086iApproximate average salary by contribution assumption: employee only about $152,152 at 4% or $101,434 at 6%; with 50% employer match about $101,434 at 4% or $67,623 at 6%; with 100% employer match about $76,076 at 4% or $50,717 at 6%.
Herman Machine Inc. 401(K) Profit Sharing Plan-29$1,671,011$176,496$6,086iApproximate average salary by contribution assumption: employee only about $152,152 at 4% or $101,434 at 6%; with 50% employer match about $101,434 at 4% or $67,623 at 6%; with 100% employer match about $76,076 at 4% or $50,717 at 6%.
2021135$1,880,905$191,996$5,486iApproximate average salary by contribution assumption: employee only about $137,140 at 4% or $91,427 at 6%; with 50% employer match about $91,427 at 4% or $60,951 at 6%; with 100% employer match about $68,570 at 4% or $45,713 at 6%.
Herman Machine Inc. 401(K) Profit Sharing Plan-35$1,880,905$191,996$5,486iApproximate average salary by contribution assumption: employee only about $137,140 at 4% or $91,427 at 6%; with 50% employer match about $91,427 at 4% or $60,951 at 6%; with 100% employer match about $68,570 at 4% or $45,713 at 6%.
2020137$1,644,538$231,001$6,243iApproximate average salary by contribution assumption: employee only about $156,082 at 4% or $104,055 at 6%; with 50% employer match about $104,055 at 4% or $69,370 at 6%; with 100% employer match about $78,041 at 4% or $52,027 at 6%.
Herman Machine Inc. 401(K) Profit Sharing Plan-37$1,644,538$231,001$6,243iApproximate average salary by contribution assumption: employee only about $156,082 at 4% or $104,055 at 6%; with 50% employer match about $104,055 at 4% or $69,370 at 6%; with 100% employer match about $78,041 at 4% or $52,027 at 6%.
2019134$1,426,133$151,827$4,466iApproximate average salary by contribution assumption: employee only about $111,638 at 4% or $74,425 at 6%; with 50% employer match about $74,425 at 4% or $49,617 at 6%; with 100% employer match about $55,819 at 4% or $37,213 at 6%.
Herman Machine Inc. 401(K) Profit Sharing Plan-34$1,426,133$151,827$4,466iApproximate average salary by contribution assumption: employee only about $111,638 at 4% or $74,425 at 6%; with 50% employer match about $74,425 at 4% or $49,617 at 6%; with 100% employer match about $55,819 at 4% or $37,213 at 6%.
2018131$1,089,727$222,531$7,178iApproximate average salary by contribution assumption: employee only about $179,460 at 4% or $119,640 at 6%; with 50% employer match about $119,640 at 4% or $79,760 at 6%; with 100% employer match about $89,730 at 4% or $59,820 at 6%.
Herman Machine Inc. 401(K) Profit Sharing Plan-31$1,089,727$222,531$7,178iApproximate average salary by contribution assumption: employee only about $179,460 at 4% or $119,640 at 6%; with 50% employer match about $119,640 at 4% or $79,760 at 6%; with 100% employer match about $89,730 at 4% or $59,820 at 6%.
2017130$1,005,599$338,436$11,281iApproximate average salary by contribution assumption: employee only about $282,030 at 4% or $188,020 at 6%; with 50% employer match about $188,020 at 4% or $125,347 at 6%; with 100% employer match about $141,015 at 4% or $94,010 at 6%.
Herman Machine Inc. 401(K) Profit Sharing Plan-30$1,005,599$338,436$11,281iApproximate average salary by contribution assumption: employee only about $282,030 at 4% or $188,020 at 6%; with 50% employer match about $188,020 at 4% or $125,347 at 6%; with 100% employer match about $141,015 at 4% or $94,010 at 6%.
2016126$627,225$101,872$3,918iApproximate average salary by contribution assumption: employee only about $97,954 at 4% or $65,303 at 6%; with 50% employer match about $65,303 at 4% or $43,535 at 6%; with 100% employer match about $48,977 at 4% or $32,651 at 6%.
Herman Machine Inc. 401(K) Profit Sharing Plan-26$627,225$101,872$3,918iApproximate average salary by contribution assumption: employee only about $97,954 at 4% or $65,303 at 6%; with 50% employer match about $65,303 at 4% or $43,535 at 6%; with 100% employer match about $48,977 at 4% or $32,651 at 6%.
2015120$534,140$124,534$6,227iApproximate average salary by contribution assumption: employee only about $155,668 at 4% or $103,778 at 6%; with 50% employer match about $103,778 at 4% or $69,186 at 6%; with 100% employer match about $77,834 at 4% or $51,889 at 6%.
Herman Machine Inc. 401(K) Profit Sharing Plan-20$534,140$124,534$6,227iApproximate average salary by contribution assumption: employee only about $155,668 at 4% or $103,778 at 6%; with 50% employer match about $103,778 at 4% or $69,186 at 6%; with 100% employer match about $77,834 at 4% or $51,889 at 6%.
2014117$421,047$61,596$3,623iApproximate average salary by contribution assumption: employee only about $90,582 at 4% or $60,388 at 6%; with 50% employer match about $60,388 at 4% or $40,259 at 6%; with 100% employer match about $45,291 at 4% or $30,194 at 6%.
Herman Machine Inc. 401(K) Profit Sharing Plan-17$421,047$61,596$3,623iApproximate average salary by contribution assumption: employee only about $90,582 at 4% or $60,388 at 6%; with 50% employer match about $60,388 at 4% or $40,259 at 6%; with 100% employer match about $45,291 at 4% or $30,194 at 6%.
2013117$363,716$230,549$13,562iApproximate average salary by contribution assumption: employee only about $339,043 at 4% or $226,028 at 6%; with 50% employer match about $226,028 at 4% or $150,686 at 6%; with 100% employer match about $169,521 at 4% or $113,014 at 6%.
Herman Machine Inc. 401(K) Profit Sharing Plan-17$363,716$230,549$13,562iApproximate average salary by contribution assumption: employee only about $339,043 at 4% or $226,028 at 6%; with 50% employer match about $226,028 at 4% or $150,686 at 6%; with 100% employer match about $169,521 at 4% or $113,014 at 6%.
2012117$116,000$116,000$6,824iApproximate average salary by contribution assumption: employee only about $170,588 at 4% or $113,725 at 6%; with 50% employer match about $113,725 at 4% or $75,817 at 6%; with 100% employer match about $85,294 at 4% or $56,863 at 6%.
Herman Machine Inc. 401(K) Profit Sharing Plan-17$116,000$116,000$6,824iApproximate average salary by contribution assumption: employee only about $170,588 at 4% or $113,725 at 6%; with 50% employer match about $113,725 at 4% or $75,817 at 6%; with 100% employer match about $85,294 at 4% or $56,863 at 6%.