Civic Intelligence

King Machine and Tool Co.

Plan context: King Machine and Tool Co. 401(K) Profit Sharing Plan

EIN 34-1405195 • Massillon, OH • 22 filings • 5 plans

1237 Sanders Ave SWMassillon, OH 44647
Current Snapshot

Latest Year

2024

2024 Participants

23

2024 Assets

$4,637,730

2024 Contributions

$246,052

Historical Graphs

Total Assets Over Time

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

$4,637,730$2,318,865$0201120182024YearValue
$4,637,730Latest year 2024

Participants Over Time

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

40200201120182024YearValue
23Latest 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
2024123$4,637,730$246,052$10,698iApproximate average salary by contribution assumption: employee only about $267,448 at 4% or $178,299 at 6%; with 50% employer match about $178,299 at 4% or $118,866 at 6%; with 100% employer match about $133,724 at 4% or $89,149 at 6%.
King Machine and Tool Co. 401(K) Profit Sharing Plan-23$4,637,730$246,052$10,698iApproximate average salary by contribution assumption: employee only about $267,448 at 4% or $178,299 at 6%; with 50% employer match about $178,299 at 4% or $118,866 at 6%; with 100% employer match about $133,724 at 4% or $89,149 at 6%.
2023121$3,861,956$216,293$10,300iApproximate average salary by contribution assumption: employee only about $257,492 at 4% or $171,661 at 6%; with 50% employer match about $171,661 at 4% or $114,441 at 6%; with 100% employer match about $128,746 at 4% or $85,831 at 6%.
King Machine and Tool Co. 401(K) Profit Sharing Plan-21$3,861,956$216,293$10,300iApproximate average salary by contribution assumption: employee only about $257,492 at 4% or $171,661 at 6%; with 50% employer match about $171,661 at 4% or $114,441 at 6%; with 100% employer match about $128,746 at 4% or $85,831 at 6%.
2022119$3,120,890$198,573$10,451iApproximate average salary by contribution assumption: employee only about $261,280 at 4% or $174,187 at 6%; with 50% employer match about $174,187 at 4% or $116,125 at 6%; with 100% employer match about $130,640 at 4% or $87,093 at 6%.
King Machine and Tool Co. 401(K) Profit Sharing Plan-19$3,120,890$198,573$10,451iApproximate average salary by contribution assumption: employee only about $261,280 at 4% or $174,187 at 6%; with 50% employer match about $174,187 at 4% or $116,125 at 6%; with 100% employer match about $130,640 at 4% or $87,093 at 6%.
2021116$3,642,525$197,291$12,331iApproximate average salary by contribution assumption: employee only about $308,267 at 4% or $205,511 at 6%; with 50% employer match about $205,511 at 4% or $137,008 at 6%; with 100% employer match about $154,134 at 4% or $102,756 at 6%.
King Machine and Tool Co. 401(K) Profit Sharing Plan-16$3,642,525$197,291$12,331iApproximate average salary by contribution assumption: employee only about $308,267 at 4% or $205,511 at 6%; with 50% employer match about $205,511 at 4% or $137,008 at 6%; with 100% employer match about $154,134 at 4% or $102,756 at 6%.
2020120$3,127,083$185,463$9,273iApproximate average salary by contribution assumption: employee only about $231,829 at 4% or $154,553 at 6%; with 50% employer match about $154,553 at 4% or $103,035 at 6%; with 100% employer match about $115,914 at 4% or $77,276 at 6%.
King Machine and Tool Co. 401(K) Profit Sharing Plan-20$3,127,083$185,463$9,273iApproximate average salary by contribution assumption: employee only about $231,829 at 4% or $154,553 at 6%; with 50% employer match about $154,553 at 4% or $103,035 at 6%; with 100% employer match about $115,914 at 4% or $77,276 at 6%.
2019240$2,537,449$239,415$5,985iApproximate average salary by contribution assumption: employee only about $149,634 at 4% or $99,756 at 6%; with 50% employer match about $99,756 at 4% or $66,504 at 6%; with 100% employer match about $74,817 at 4% or $49,878 at 6%.
King Machine and Tool Co. 401(K) Profit Sharing Plan-20$2,527,653$182,573$9,129iApproximate average salary by contribution assumption: employee only about $228,216 at 4% or $152,144 at 6%; with 50% employer match about $152,144 at 4% or $101,429 at 6%; with 100% employer match about $114,108 at 4% or $76,072 at 6%.
CANTON REGIONAL CHAMBER HEALTH FUND-40$9,796$56,842$1,421iApproximate average salary by contribution assumption: employee only about $35,526 at 4% or $23,684 at 6%; with 50% employer match about $23,684 at 4% or $15,789 at 6%; with 100% employer match about $17,763 at 4% or $11,842 at 6%.
2018119$1,922,449$249,921$13,154iApproximate average salary by contribution assumption: employee only about $328,843 at 4% or $219,229 at 6%; with 50% employer match about $219,229 at 4% or $146,153 at 6%; with 100% employer match about $164,422 at 4% or $109,614 at 6%.
King Machine and Tool Co. 401(K) Profit Sharing Plan-19$1,922,449$249,921$13,154iApproximate average salary by contribution assumption: employee only about $328,843 at 4% or $219,229 at 6%; with 50% employer match about $219,229 at 4% or $146,153 at 6%; with 100% employer match about $164,422 at 4% or $109,614 at 6%.
2017219$1,812,190$158,467$8,340iApproximate average salary by contribution assumption: employee only about $208,509 at 4% or $139,006 at 6%; with 50% employer match about $139,006 at 4% or $92,671 at 6%; with 100% employer match about $104,255 at 4% or $69,503 at 6%.
King Machine and Tool Co. 401(K) Profit Sharing Plan-19$1,812,190$158,467$8,340iApproximate average salary by contribution assumption: employee only about $208,509 at 4% or $139,006 at 6%; with 50% employer match about $139,006 at 4% or $92,671 at 6%; with 100% employer match about $104,255 at 4% or $69,503 at 6%.
King Machine and Tool Company Money Purchase and Pension Plan-0$0$0-
2016216$4,389,748$125,444$7,840iApproximate average salary by contribution assumption: employee only about $196,006 at 4% or $130,671 at 6%; with 50% employer match about $130,671 at 4% or $87,114 at 6%; with 100% employer match about $98,003 at 4% or $65,335 at 6%.
King Machine and Tool Company Money Purchase and Pension Plan-8$2,928,227$0-
King Machine and Tool Co. 401(K) Profit Sharing Plan-16$1,461,521$125,444$7,840iApproximate average salary by contribution assumption: employee only about $196,006 at 4% or $130,671 at 6%; with 50% employer match about $130,671 at 4% or $87,114 at 6%; with 100% employer match about $98,003 at 4% or $65,335 at 6%.
2015216$4,065,905$123,772$7,736iApproximate average salary by contribution assumption: employee only about $193,394 at 4% or $128,929 at 6%; with 50% employer match about $128,929 at 4% or $85,953 at 6%; with 100% employer match about $96,697 at 4% or $64,465 at 6%.
King Machine and Tool Company Money Purchase and Pension Plan-8$2,834,288$0-
King Machine and Tool Co. 401(K) Profit Sharing Plan-16$1,231,617$123,772$7,736iApproximate average salary by contribution assumption: employee only about $193,394 at 4% or $128,929 at 6%; with 50% employer match about $128,929 at 4% or $85,953 at 6%; with 100% employer match about $96,697 at 4% or $64,465 at 6%.
2014216$4,145,249$121,110$7,569iApproximate average salary by contribution assumption: employee only about $189,234 at 4% or $126,156 at 6%; with 50% employer match about $126,156 at 4% or $84,104 at 6%; with 100% employer match about $94,617 at 4% or $63,078 at 6%.
King Machine and Tool Company Money Purchase and Pension Plan-8$3,011,260--
King Machine and Tool Co. 401(K) Profit Sharing Plan-16$1,133,989$121,110$7,569iApproximate average salary by contribution assumption: employee only about $189,234 at 4% or $126,156 at 6%; with 50% employer match about $126,156 at 4% or $84,104 at 6%; with 100% employer match about $94,617 at 4% or $63,078 at 6%.
2013216$4,044,145$96,962$6,060iApproximate average salary by contribution assumption: employee only about $151,503 at 4% or $101,002 at 6%; with 50% employer match about $101,002 at 4% or $67,335 at 6%; with 100% employer match about $75,752 at 4% or $50,501 at 6%.
King Machine and Tool Company Money Purchase and Pension Plan-8$3,056,567--
King Machine and Tool Co. 401(K) Profit Sharing Plan-16$987,578$96,962$6,060iApproximate average salary by contribution assumption: employee only about $151,503 at 4% or $101,002 at 6%; with 50% employer match about $101,002 at 4% or $67,335 at 6%; with 100% employer match about $75,752 at 4% or $50,501 at 6%.
2012212$3,648,322$74,827$6,236iApproximate average salary by contribution assumption: employee only about $155,890 at 4% or $103,926 at 6%; with 50% employer match about $103,926 at 4% or $69,284 at 6%; with 100% employer match about $77,945 at 4% or $51,963 at 6%.
King Machine and Tool Company Money Purchase and Pension Plan-8$2,891,053--
King Machine and Tool Co. 401(K) Profit Sharing Plan-12$757,269$74,827$6,236iApproximate average salary by contribution assumption: employee only about $155,890 at 4% or $103,926 at 6%; with 50% employer match about $103,926 at 4% or $69,284 at 6%; with 100% employer match about $77,945 at 4% or $51,963 at 6%.
2011216$3,399,991$48,386$3,024iApproximate average salary by contribution assumption: employee only about $75,603 at 4% or $50,402 at 6%; with 50% employer match about $50,402 at 4% or $33,601 at 6%; with 100% employer match about $37,802 at 4% or $25,201 at 6%.
King Machine and Tool Company Money Purchase and Pension Plan-8$2,737,221--
King Machine and Tool Co. 401(K) Profit Sharing Plan-16$662,770$48,386$3,024iApproximate average salary by contribution assumption: employee only about $75,603 at 4% or $50,402 at 6%; with 50% employer match about $50,402 at 4% or $33,601 at 6%; with 100% employer match about $37,802 at 4% or $25,201 at 6%.