Civic Intelligence

Martin Pallet Inc.

Plan context: Martin Pallet Cash Balance Plan

EIN 34-1502973 • Massillon, OH • 20 filings • 4 plans

1414 Industrial Ave., SWMassillon, OH 44647
Current Snapshot

Latest Year

2024

2024 Participants

28

2024 Assets

$6,393,409

2024 Contributions

$233,639

Historical Graphs

Total Assets Over Time

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

$6,393,409$3,196,705$0201620202024YearValue
$6,393,409Latest year 2024

Participants Over Time

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

41210201620202024YearValue
28Latest 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
2024228$6,393,409$233,639$8,344iApproximate average salary by contribution assumption: employee only about $208,606 at 4% or $139,071 at 6%; with 50% employer match about $139,071 at 4% or $92,714 at 6%; with 100% employer match about $104,303 at 4% or $69,535 at 6%.
Martin Pallet Cash Balance Plan-16$5,387,944$95,000$5,938iApproximate average salary by contribution assumption: employee only about $148,438 at 4% or $98,958 at 6%; with 50% employer match about $98,958 at 4% or $65,972 at 6%; with 100% employer match about $74,219 at 4% or $49,479 at 6%.
MARTIN PALLET PROFIT SHARING PLAN-28$1,005,465$138,639$4,951iApproximate average salary by contribution assumption: employee only about $123,785 at 4% or $82,523 at 6%; with 50% employer match about $82,523 at 4% or $55,015 at 6%; with 100% employer match about $61,892 at 4% or $41,262 at 6%.
2023237$5,933,918$499,335$13,496iApproximate average salary by contribution assumption: employee only about $337,389 at 4% or $224,926 at 6%; with 50% employer match about $224,926 at 4% or $149,950 at 6%; with 100% employer match about $168,694 at 4% or $112,463 at 6%.
Martin Pallet Cash Balance Plan-13$4,974,823$350,000$26,923iApproximate average salary by contribution assumption: employee only about $673,077 at 4% or $448,718 at 6%; with 50% employer match about $448,718 at 4% or $299,145 at 6%; with 100% employer match about $336,538 at 4% or $224,359 at 6%.
MARTIN PALLET PROFIT SHARING PLAN-37$959,095$149,335$4,036iApproximate average salary by contribution assumption: employee only about $100,902 at 4% or $67,268 at 6%; with 50% employer match about $67,268 at 4% or $44,845 at 6%; with 100% employer match about $50,451 at 4% or $33,634 at 6%.
2022241$5,191,630$856,479$20,890iApproximate average salary by contribution assumption: employee only about $522,243 at 4% or $348,162 at 6%; with 50% employer match about $348,162 at 4% or $232,108 at 6%; with 100% employer match about $261,122 at 4% or $174,081 at 6%.
Martin Pallet Cash Balance Plan-30$4,330,653$700,000$23,333iApproximate average salary by contribution assumption: employee only about $583,333 at 4% or $388,889 at 6%; with 50% employer match about $388,889 at 4% or $259,259 at 6%; with 100% employer match about $291,667 at 4% or $194,444 at 6%.
MARTIN PALLET PROFIT SHARING PLAN-41$860,977$156,479$3,817iApproximate average salary by contribution assumption: employee only about $95,414 at 4% or $63,609 at 6%; with 50% employer match about $63,609 at 4% or $42,406 at 6%; with 100% employer match about $47,707 at 4% or $31,805 at 6%.
2021241$4,894,582$931,375$22,716iApproximate average salary by contribution assumption: employee only about $567,912 at 4% or $378,608 at 6%; with 50% employer match about $378,608 at 4% or $252,405 at 6%; with 100% employer match about $283,956 at 4% or $189,304 at 6%.
Martin Pallet Cash Balance Plan-28$4,044,108$788,034$28,144iApproximate average salary by contribution assumption: employee only about $703,602 at 4% or $469,068 at 6%; with 50% employer match about $469,068 at 4% or $312,712 at 6%; with 100% employer match about $351,801 at 4% or $234,534 at 6%.
MARTIN PALLET PROFIT SHARING PLAN-41$850,474$143,341$3,496iApproximate average salary by contribution assumption: employee only about $87,403 at 4% or $58,269 at 6%; with 50% employer match about $58,269 at 4% or $38,846 at 6%; with 100% employer match about $43,702 at 4% or $29,134 at 6%.
2020340$3,604,664$1,056,557$26,414iApproximate average salary by contribution assumption: employee only about $660,348 at 4% or $440,232 at 6%; with 50% employer match about $440,232 at 4% or $293,488 at 6%; with 100% employer match about $330,174 at 4% or $220,116 at 6%.
Martin Pallet Cash Balance Plan-34$2,954,788$668,195$19,653iApproximate average salary by contribution assumption: employee only about $491,320 at 4% or $327,547 at 6%; with 50% employer match about $327,547 at 4% or $218,364 at 6%; with 100% employer match about $245,660 at 4% or $163,773 at 6%.
MARTIN PALLET PROFIT SHARING PLAN-40$658,387$153,227$3,831iApproximate average salary by contribution assumption: employee only about $95,767 at 4% or $63,845 at 6%; with 50% employer match about $63,845 at 4% or $42,563 at 6%; with 100% employer match about $47,883 at 4% or $31,922 at 6%.
MARTIN PALLET INC WELFARE BENEFIT PLAN-37-$8,511$235,135$6,355iApproximate average salary by contribution assumption: employee only about $158,875 at 4% or $105,917 at 6%; with 50% employer match about $105,917 at 4% or $70,611 at 6%; with 100% employer match about $79,438 at 4% or $52,958 at 6%.
2019337$2,604,635$870,214$23,519iApproximate average salary by contribution assumption: employee only about $587,982 at 4% or $391,988 at 6%; with 50% employer match about $391,988 at 4% or $261,326 at 6%; with 100% employer match about $293,991 at 4% or $195,994 at 6%.
Martin Pallet Cash Balance Plan-31$2,102,864$474,387$15,303iApproximate average salary by contribution assumption: employee only about $382,570 at 4% or $255,047 at 6%; with 50% employer match about $255,047 at 4% or $170,031 at 6%; with 100% employer match about $191,285 at 4% or $127,523 at 6%.
Martin Pallet Cash Balance Plan-37$485,650$163,224$4,411iApproximate average salary by contribution assumption: employee only about $110,286 at 4% or $73,524 at 6%; with 50% employer match about $73,524 at 4% or $49,016 at 6%; with 100% employer match about $55,143 at 4% or $36,762 at 6%.
MARTIN PALLET INC WELFARE BENEFIT PLAN-37$16,121$232,603$6,287iApproximate average salary by contribution assumption: employee only about $157,164 at 4% or $104,776 at 6%; with 50% employer match about $104,776 at 4% or $69,851 at 6%; with 100% employer match about $78,582 at 4% or $52,388 at 6%.
2018227$1,759,354$416,687$15,433iApproximate average salary by contribution assumption: employee only about $385,821 at 4% or $257,214 at 6%; with 50% employer match about $257,214 at 4% or $171,476 at 6%; with 100% employer match about $192,911 at 4% or $128,607 at 6%.
Martin Pallet Cash Balance Plan-24$1,461,856$330,000$13,750iApproximate average salary by contribution assumption: employee only about $343,750 at 4% or $229,167 at 6%; with 50% employer match about $229,167 at 4% or $152,778 at 6%; with 100% employer match about $171,875 at 4% or $114,583 at 6%.
Martin Pallet Cash Balance Plan-27$297,498$86,687$3,211iApproximate average salary by contribution assumption: employee only about $80,266 at 4% or $53,510 at 6%; with 50% employer match about $53,510 at 4% or $35,674 at 6%; with 100% employer match about $40,133 at 4% or $26,755 at 6%.
2017226$1,403,994$655,609$25,216iApproximate average salary by contribution assumption: employee only about $630,393 at 4% or $420,262 at 6%; with 50% employer match about $420,262 at 4% or $280,175 at 6%; with 100% employer match about $315,197 at 4% or $210,131 at 6%.
Martin Pallet Cash Balance Plan-22$1,188,248$550,639$25,029iApproximate average salary by contribution assumption: employee only about $625,726 at 4% or $417,151 at 6%; with 50% employer match about $417,151 at 4% or $278,101 at 6%; with 100% employer match about $312,863 at 4% or $208,575 at 6%.
Martin Pallet Cash Balance Plan-26$215,746$104,970$4,037iApproximate average salary by contribution assumption: employee only about $100,933 at 4% or $67,288 at 6%; with 50% employer match about $67,288 at 4% or $44,859 at 6%; with 100% employer match about $50,466 at 4% or $33,644 at 6%.
2016219$714,225$714,225$37,591iApproximate average salary by contribution assumption: employee only about $939,770 at 4% or $626,513 at 6%; with 50% employer match about $626,513 at 4% or $417,675 at 6%; with 100% employer match about $469,885 at 4% or $313,257 at 6%.
Martin Pallet Cash Balance Plan-16$603,763$603,763$37,735iApproximate average salary by contribution assumption: employee only about $943,380 at 4% or $628,920 at 6%; with 50% employer match about $628,920 at 4% or $419,280 at 6%; with 100% employer match about $471,690 at 4% or $314,460 at 6%.
Martin Pallet Cash Balance Plan-19$110,462$110,462$5,814iApproximate average salary by contribution assumption: employee only about $145,345 at 4% or $96,896 at 6%; with 50% employer match about $96,896 at 4% or $64,598 at 6%; with 100% employer match about $72,672 at 4% or $48,448 at 6%.