Civic Intelligence

Torque Drives Inc.

Plan context: Torque Drives Inc. 401 (K) Retirement Plan

EIN 34-1449768 • Youngstown, OH • 24 filings • 4 plans

PO Box 14478Youngstown, OH 44514-7478
Current Snapshot

Latest Year

2023

2023 Participants

15

2023 Assets

$3,021,702

2023 Contributions

$184,124

Historical Graphs

Total Assets Over Time

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

$3,581,931$1,790,966$0200020122022YearValue
$3,021,702Latest year 2022

Participants Over Time

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

1890200020112022YearValue
15Latest year 2022

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
202310$0$0-
Torque Drives Inc. 401 (K) Retirement Plan-0$0$0-
2022115$3,021,702$184,124$12,275iApproximate average salary by contribution assumption: employee only about $306,873 at 4% or $204,582 at 6%; with 50% employer match about $204,582 at 4% or $136,388 at 6%; with 100% employer match about $153,437 at 4% or $102,291 at 6%.
Torque Drives Inc. 401 (K) Retirement Plan-15$3,021,702$184,124$12,275iApproximate average salary by contribution assumption: employee only about $306,873 at 4% or $204,582 at 6%; with 50% employer match about $204,582 at 4% or $136,388 at 6%; with 100% employer match about $153,437 at 4% or $102,291 at 6%.
2021116$3,581,931$167,072$10,442iApproximate average salary by contribution assumption: employee only about $261,050 at 4% or $174,033 at 6%; with 50% employer match about $174,033 at 4% or $116,022 at 6%; with 100% employer match about $130,525 at 4% or $87,017 at 6%.
Torque Drives Inc. 401 (K) Retirement Plan-16$3,581,931$167,072$10,442iApproximate average salary by contribution assumption: employee only about $261,050 at 4% or $174,033 at 6%; with 50% employer match about $174,033 at 4% or $116,022 at 6%; with 100% employer match about $130,525 at 4% or $87,017 at 6%.
2020117$3,058,033$157,258$9,250iApproximate average salary by contribution assumption: employee only about $231,262 at 4% or $154,175 at 6%; with 50% employer match about $154,175 at 4% or $102,783 at 6%; with 100% employer match about $115,631 at 4% or $77,087 at 6%.
Torque Drives Inc. 401 (K) Retirement Plan-17$3,058,033$157,258$9,250iApproximate average salary by contribution assumption: employee only about $231,262 at 4% or $154,175 at 6%; with 50% employer match about $154,175 at 4% or $102,783 at 6%; with 100% employer match about $115,631 at 4% or $77,087 at 6%.
2019116$2,656,123$144,333$9,021iApproximate average salary by contribution assumption: employee only about $225,520 at 4% or $150,347 at 6%; with 50% employer match about $150,347 at 4% or $100,231 at 6%; with 100% employer match about $112,760 at 4% or $75,173 at 6%.
Torque Drives Inc. 401 (K) Retirement Plan-16$2,656,123$144,333$9,021iApproximate average salary by contribution assumption: employee only about $225,520 at 4% or $150,347 at 6%; with 50% employer match about $150,347 at 4% or $100,231 at 6%; with 100% employer match about $112,760 at 4% or $75,173 at 6%.
2018114$2,074,956$98,218$7,016iApproximate average salary by contribution assumption: employee only about $175,389 at 4% or $116,926 at 6%; with 50% employer match about $116,926 at 4% or $77,951 at 6%; with 100% employer match about $87,695 at 4% or $58,463 at 6%.
Torque Drives Inc. 401 (K) Retirement Plan-14$2,074,956$98,218$7,016iApproximate average salary by contribution assumption: employee only about $175,389 at 4% or $116,926 at 6%; with 50% employer match about $116,926 at 4% or $77,951 at 6%; with 100% employer match about $87,695 at 4% or $58,463 at 6%.
2017114$2,196,333$91,979$6,570iApproximate average salary by contribution assumption: employee only about $164,248 at 4% or $109,499 at 6%; with 50% employer match about $109,499 at 4% or $72,999 at 6%; with 100% employer match about $82,124 at 4% or $54,749 at 6%.
Torque Drives Inc. 401 (K) Retirement Plan-14$2,196,333$91,979$6,570iApproximate average salary by contribution assumption: employee only about $164,248 at 4% or $109,499 at 6%; with 50% employer match about $109,499 at 4% or $72,999 at 6%; with 100% employer match about $82,124 at 4% or $54,749 at 6%.
2016113$1,841,752$81,774$6,290iApproximate average salary by contribution assumption: employee only about $157,258 at 4% or $104,838 at 6%; with 50% employer match about $104,838 at 4% or $69,892 at 6%; with 100% employer match about $78,629 at 4% or $52,419 at 6%.
Torque Drives Inc. 401 (K) Retirement Plan-13$1,841,752$81,774$6,290iApproximate average salary by contribution assumption: employee only about $157,258 at 4% or $104,838 at 6%; with 50% employer match about $104,838 at 4% or $69,892 at 6%; with 100% employer match about $78,629 at 4% or $52,419 at 6%.
2015111$1,705,414$78,290$7,117iApproximate average salary by contribution assumption: employee only about $177,932 at 4% or $118,621 at 6%; with 50% employer match about $118,621 at 4% or $79,081 at 6%; with 100% employer match about $88,966 at 4% or $59,311 at 6%.
Torque Drives Inc. 401 (K) Retirement Plan-11$1,705,414$78,290$7,117iApproximate average salary by contribution assumption: employee only about $177,932 at 4% or $118,621 at 6%; with 50% employer match about $118,621 at 4% or $79,081 at 6%; with 100% employer match about $88,966 at 4% or $59,311 at 6%.
2014112$1,684,892$47,924$3,994iApproximate average salary by contribution assumption: employee only about $99,842 at 4% or $66,561 at 6%; with 50% employer match about $66,561 at 4% or $44,374 at 6%; with 100% employer match about $49,921 at 4% or $33,281 at 6%.
Torque Drives Inc. 401 (K) Retirement Plan-12$1,684,892$47,924$3,994iApproximate average salary by contribution assumption: employee only about $99,842 at 4% or $66,561 at 6%; with 50% employer match about $66,561 at 4% or $44,374 at 6%; with 100% employer match about $49,921 at 4% or $33,281 at 6%.
2013112$1,551,164$78,680$6,557iApproximate average salary by contribution assumption: employee only about $163,917 at 4% or $109,278 at 6%; with 50% employer match about $109,278 at 4% or $72,852 at 6%; with 100% employer match about $81,958 at 4% or $54,639 at 6%.
Torque Drives Inc. 401 (K) Retirement Plan-12$1,551,164$78,680$6,557iApproximate average salary by contribution assumption: employee only about $163,917 at 4% or $109,278 at 6%; with 50% employer match about $109,278 at 4% or $72,852 at 6%; with 100% employer match about $81,958 at 4% or $54,639 at 6%.
2012112$1,211,620$53,285$4,440iApproximate average salary by contribution assumption: employee only about $111,010 at 4% or $74,007 at 6%; with 50% employer match about $74,007 at 4% or $49,338 at 6%; with 100% employer match about $55,505 at 4% or $37,003 at 6%.
Torque Drives Inc. 401 (K) Retirement Plan-12$1,211,620$53,285$4,440iApproximate average salary by contribution assumption: employee only about $111,010 at 4% or $74,007 at 6%; with 50% employer match about $74,007 at 4% or $49,338 at 6%; with 100% employer match about $55,505 at 4% or $37,003 at 6%.
2011112$1,133,864$37,396$3,116iApproximate average salary by contribution assumption: employee only about $77,908 at 4% or $51,939 at 6%; with 50% employer match about $51,939 at 4% or $34,626 at 6%; with 100% employer match about $38,954 at 4% or $25,969 at 6%.
Torque Drives Inc. 401 (K) Retirement Plan-12$1,133,864$37,396$3,116iApproximate average salary by contribution assumption: employee only about $77,908 at 4% or $51,939 at 6%; with 50% employer match about $51,939 at 4% or $34,626 at 6%; with 100% employer match about $38,954 at 4% or $25,969 at 6%.
2010112$1,107,783$33,846$2,821iApproximate average salary by contribution assumption: employee only about $70,513 at 4% or $47,008 at 6%; with 50% employer match about $47,008 at 4% or $31,339 at 6%; with 100% employer match about $35,256 at 4% or $23,504 at 6%.
Torque Drives Inc. 401 (K) Retirement Plan-12$1,107,783$33,846$2,821iApproximate average salary by contribution assumption: employee only about $70,513 at 4% or $47,008 at 6%; with 50% employer match about $47,008 at 4% or $31,339 at 6%; with 100% employer match about $35,256 at 4% or $23,504 at 6%.
2009113$955,654$67,953$5,227iApproximate average salary by contribution assumption: employee only about $130,679 at 4% or $87,119 at 6%; with 50% employer match about $87,119 at 4% or $58,079 at 6%; with 100% employer match about $65,339 at 4% or $43,560 at 6%.
Torque Drives Inc. 401 (K) Retirement Plan-13$955,654$67,953$5,227iApproximate average salary by contribution assumption: employee only about $130,679 at 4% or $87,119 at 6%; with 50% employer match about $87,119 at 4% or $58,079 at 6%; with 100% employer match about $65,339 at 4% or $43,560 at 6%.
2008112$766,794$65,203$5,434iApproximate average salary by contribution assumption: employee only about $135,840 at 4% or $90,560 at 6%; with 50% employer match about $90,560 at 4% or $60,373 at 6%; with 100% employer match about $67,920 at 4% or $45,280 at 6%.
Torque Drives Inc. 401 (K) Retirement Plan-12$766,794$65,203$5,434iApproximate average salary by contribution assumption: employee only about $135,840 at 4% or $90,560 at 6%; with 50% employer match about $90,560 at 4% or $60,373 at 6%; with 100% employer match about $67,920 at 4% or $45,280 at 6%.
2007112$0$0-
Torque Drives Inc. 401 (K) Retirement Plan-12---
2006112$925,590$77,885$6,490iApproximate average salary by contribution assumption: employee only about $162,260 at 4% or $108,174 at 6%; with 50% employer match about $108,174 at 4% or $72,116 at 6%; with 100% employer match about $81,130 at 4% or $54,087 at 6%.
Torque Drives Inc. 401 (K) Retirement Plan-12$925,590$77,885$6,490iApproximate average salary by contribution assumption: employee only about $162,260 at 4% or $108,174 at 6%; with 50% employer match about $108,174 at 4% or $72,116 at 6%; with 100% employer match about $81,130 at 4% or $54,087 at 6%.
2005110$901,997$35,018$3,502iApproximate average salary by contribution assumption: employee only about $87,545 at 4% or $58,363 at 6%; with 50% employer match about $58,363 at 4% or $38,909 at 6%; with 100% employer match about $43,773 at 4% or $29,182 at 6%.
Torque Drives Inc. 401 (K) Retirement Plan-10$901,997$35,018$3,502iApproximate average salary by contribution assumption: employee only about $87,545 at 4% or $58,363 at 6%; with 50% employer match about $58,363 at 4% or $38,909 at 6%; with 100% employer match about $43,773 at 4% or $29,182 at 6%.
200419$834,990$27,879$3,098iApproximate average salary by contribution assumption: employee only about $77,442 at 4% or $51,628 at 6%; with 50% employer match about $51,628 at 4% or $34,419 at 6%; with 100% employer match about $38,721 at 4% or $25,814 at 6%.
Torque Drives Inc. 401 (K) Retirement Plan-9$834,990$27,879$3,098iApproximate average salary by contribution assumption: employee only about $77,442 at 4% or $51,628 at 6%; with 50% employer match about $51,628 at 4% or $34,419 at 6%; with 100% employer match about $38,721 at 4% or $25,814 at 6%.
2003113$740,688$29,031$2,233iApproximate average salary by contribution assumption: employee only about $55,829 at 4% or $37,219 at 6%; with 50% employer match about $37,219 at 4% or $24,813 at 6%; with 100% employer match about $27,914 at 4% or $18,610 at 6%.
Torque Drives Inc. 401 (K) Retirement Plan-13$740,688$29,031$2,233iApproximate average salary by contribution assumption: employee only about $55,829 at 4% or $37,219 at 6%; with 50% employer match about $37,219 at 4% or $24,813 at 6%; with 100% employer match about $27,914 at 4% or $18,610 at 6%.
2002113$607,112$25,153$1,935iApproximate average salary by contribution assumption: employee only about $48,371 at 4% or $32,247 at 6%; with 50% employer match about $32,247 at 4% or $21,498 at 6%; with 100% employer match about $24,186 at 4% or $16,124 at 6%.
Torque Drives Inc. 401 (K) Retirement Plan-13$607,112$25,153$1,935iApproximate average salary by contribution assumption: employee only about $48,371 at 4% or $32,247 at 6%; with 50% employer match about $32,247 at 4% or $21,498 at 6%; with 100% employer match about $24,186 at 4% or $16,124 at 6%.
2001118$717,931$64,957$3,609iApproximate average salary by contribution assumption: employee only about $90,218 at 4% or $60,145 at 6%; with 50% employer match about $60,145 at 4% or $40,097 at 6%; with 100% employer match about $45,109 at 4% or $30,073 at 6%.
Torque Drives Inc. 401 (K) Retirement Plan-18$717,931$64,957$3,609iApproximate average salary by contribution assumption: employee only about $90,218 at 4% or $60,145 at 6%; with 50% employer match about $60,145 at 4% or $40,097 at 6%; with 100% employer match about $45,109 at 4% or $30,073 at 6%.
2000117$679,977$207,511$12,207iApproximate average salary by contribution assumption: employee only about $305,163 at 4% or $203,442 at 6%; with 50% employer match about $203,442 at 4% or $135,628 at 6%; with 100% employer match about $152,582 at 4% or $101,721 at 6%.
Torque Drives Inc. 401 (K) Retirement Plan-17$679,977$207,511$12,207iApproximate average salary by contribution assumption: employee only about $305,163 at 4% or $203,442 at 6%; with 50% employer match about $203,442 at 4% or $135,628 at 6%; with 100% employer match about $152,582 at 4% or $101,721 at 6%.
Torque Drives Inc. | EIN 34-1449768 | 2023 Form 5500 Company Profile