Major Tool & Machine Inc.
Plan context: Major Tool & Machine Inc Personal Savings Plan
EIN 35-0848038 • Indianapolis, IN • 98 filings • 11 plans
Current Snapshot
Latest Year
2024
2024 Participants
1,536
2024 Assets
$151,906,095
2024 Contributions
$15,002,252
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 1,536 | $151,906,095 | $15,002,252 | $9,767iApproximate average salary by contribution assumption: employee only about $244,177 at 4% or $162,785 at 6%; with 50% employer match about $162,785 at 4% or $108,523 at 6%; with 100% employer match about $122,089 at 4% or $81,392 at 6%. |
| Major Tool & Machine Inc Personal Savings Plan | - | 1,536 | $151,906,095 | $15,002,252 | $9,767iApproximate average salary by contribution assumption: employee only about $244,177 at 4% or $162,785 at 6%; with 50% employer match about $162,785 at 4% or $108,523 at 6%; with 100% employer match about $122,089 at 4% or $81,392 at 6%. |
| 2023 | 1 | 1,443 | $133,224,765 | $9,632,819 | $6,676iApproximate average salary by contribution assumption: employee only about $166,889 at 4% or $111,259 at 6%; with 50% employer match about $111,259 at 4% or $74,173 at 6%; with 100% employer match about $83,444 at 4% or $55,630 at 6%. |
| Major Tool & Machine Inc Personal Savings Plan | - | 1,443 | $133,224,765 | $9,632,819 | $6,676iApproximate average salary by contribution assumption: employee only about $166,889 at 4% or $111,259 at 6%; with 50% employer match about $111,259 at 4% or $74,173 at 6%; with 100% employer match about $83,444 at 4% or $55,630 at 6%. |
| 2022 | 2 | 1,044 | $80,312,639 | $4,208,772 | $4,031iApproximate average salary by contribution assumption: employee only about $100,785 at 4% or $67,190 at 6%; with 50% employer match about $67,190 at 4% or $44,793 at 6%; with 100% employer match about $50,392 at 4% or $33,595 at 6%. |
| Major Tool & Machine Inc Personal Savings Plan | - | 1,044 | $80,312,639 | $4,208,772 | $4,031iApproximate average salary by contribution assumption: employee only about $100,785 at 4% or $67,190 at 6%; with 50% employer match about $67,190 at 4% or $44,793 at 6%; with 100% employer match about $50,392 at 4% or $33,595 at 6%. |
| Major Tool & Machine Inc. Health Insurance Plan | - | 396 | - | - | - |
| 2021 | 2 | 416 | $66,317,651 | $4,355,663 | $10,470iApproximate average salary by contribution assumption: employee only about $261,759 at 4% or $174,506 at 6%; with 50% employer match about $174,506 at 4% or $116,337 at 6%; with 100% employer match about $130,879 at 4% or $87,253 at 6%. |
| Major Tool & Machine Inc Personal Savings Plan | - | 391 | $66,317,651 | $4,355,663 | $11,140iApproximate average salary by contribution assumption: employee only about $278,495 at 4% or $185,663 at 6%; with 50% employer match about $185,663 at 4% or $123,776 at 6%; with 100% employer match about $139,248 at 4% or $92,832 at 6%. |
| Major Tool & Machine Inc. Health Insurance Plan | - | 416 | - | - | - |
| 2020 | 2 | 677 | $56,550,188 | $3,432,491 | $5,070iApproximate average salary by contribution assumption: employee only about $126,754 at 4% or $84,502 at 6%; with 50% employer match about $84,502 at 4% or $56,335 at 6%; with 100% employer match about $63,377 at 4% or $42,251 at 6%. |
| Major Tool & Machine Inc Personal Savings Plan | - | 387 | $56,550,188 | $3,432,491 | $8,869iApproximate average salary by contribution assumption: employee only about $221,737 at 4% or $147,825 at 6%; with 50% employer match about $147,825 at 4% or $98,550 at 6%; with 100% employer match about $110,869 at 4% or $73,912 at 6%. |
| Major Tool & Machine Inc. Health Insurance Plan | - | 677 | - | - | - |
| 2019 | 2 | 373 | $43,143,319 | $3,012,085 | $8,075iApproximate average salary by contribution assumption: employee only about $201,882 at 4% or $134,588 at 6%; with 50% employer match about $134,588 at 4% or $89,725 at 6%; with 100% employer match about $100,941 at 4% or $67,294 at 6%. |
| Major Tool & Machine Inc Personal Savings Plan | - | 365 | $43,143,319 | $3,012,085 | $8,252iApproximate average salary by contribution assumption: employee only about $206,307 at 4% or $137,538 at 6%; with 50% employer match about $137,538 at 4% or $91,692 at 6%; with 100% employer match about $103,154 at 4% or $68,769 at 6%. |
| Major Tool & Machine Inc. Health Insurance Plan | - | 373 | - | - | - |
| 2018 | 2 | 624 | $33,577,726 | $2,650,926 | $4,248iApproximate average salary by contribution assumption: employee only about $106,207 at 4% or $70,805 at 6%; with 50% employer match about $70,805 at 4% or $47,203 at 6%; with 100% employer match about $53,103 at 4% or $35,402 at 6%. |
| Major Tool & Machine Inc Personal Savings Plan | - | 348 | $33,577,726 | $2,650,926 | $7,618iApproximate average salary by contribution assumption: employee only about $190,440 at 4% or $126,960 at 6%; with 50% employer match about $126,960 at 4% or $84,640 at 6%; with 100% employer match about $95,220 at 4% or $63,480 at 6%. |
| Major Tool & Machine Inc. Health Insurance Plan | - | 624 | - | - | - |
| 2017 | 2 | 635 | $36,216,944 | $2,620,532 | $4,127iApproximate average salary by contribution assumption: employee only about $103,171 at 4% or $68,780 at 6%; with 50% employer match about $68,780 at 4% or $45,854 at 6%; with 100% employer match about $51,585 at 4% or $34,390 at 6%. |
| Major Tool & Machine Inc Personal Savings Plan | - | 371 | $36,216,944 | $2,620,532 | $7,063iApproximate average salary by contribution assumption: employee only about $176,586 at 4% or $117,724 at 6%; with 50% employer match about $117,724 at 4% or $78,483 at 6%; with 100% employer match about $88,293 at 4% or $58,862 at 6%. |
| Major Tool & Machine Inc. Health Insurance Plan | - | 635 | - | - | - |
| 2016 | 3 | 354 | $29,916,527 | $1,696,461 | $4,792iApproximate average salary by contribution assumption: employee only about $119,807 at 4% or $79,871 at 6%; with 50% employer match about $79,871 at 4% or $53,247 at 6%; with 100% employer match about $59,903 at 4% or $39,936 at 6%. |
| Major Tool & Machine Inc Personal Savings Plan | - | 354 | $29,916,527 | $1,696,461 | $4,792iApproximate average salary by contribution assumption: employee only about $119,807 at 4% or $79,871 at 6%; with 50% employer match about $79,871 at 4% or $53,247 at 6%; with 100% employer match about $59,903 at 4% or $39,936 at 6%. |
| Major Tool & Machine Inc. Health Insurance Plan | - | 304 | - | - | - |
| Major Tool & Machine Inc. Group Life Plan | - | 0 | - | - | - |
| 2015 | 3 | 319 | $28,639,126 | $2,389,120 | $7,489iApproximate average salary by contribution assumption: employee only about $187,235 at 4% or $124,823 at 6%; with 50% employer match about $124,823 at 4% or $83,216 at 6%; with 100% employer match about $93,618 at 4% or $62,412 at 6%. |
| Major Tool & Machine Inc Personal Savings Plan | - | 319 | $28,639,126 | $2,389,120 | $7,489iApproximate average salary by contribution assumption: employee only about $187,235 at 4% or $124,823 at 6%; with 50% employer match about $124,823 at 4% or $83,216 at 6%; with 100% employer match about $93,618 at 4% or $62,412 at 6%. |
| Major Tool & Machine Inc. Group Life Plan | - | 313 | - | - | - |
| Major Tool & Machine Inc. Health Insurance Plan | - | 286 | - | - | - |
| 2014 | 3 | 334 | $27,856,193 | $2,798,303 | $8,378iApproximate average salary by contribution assumption: employee only about $209,454 at 4% or $139,636 at 6%; with 50% employer match about $139,636 at 4% or $93,091 at 6%; with 100% employer match about $104,727 at 4% or $69,818 at 6%. |
| Major Tool & Machine Inc Personal Savings Plan | - | 334 | $27,856,193 | $2,798,303 | $8,378iApproximate average salary by contribution assumption: employee only about $209,454 at 4% or $139,636 at 6%; with 50% employer match about $139,636 at 4% or $93,091 at 6%; with 100% employer match about $104,727 at 4% or $69,818 at 6%. |
| Major Tool & Machine Inc. Health Insurance Plan | - | 279 | - | - | - |
| Major Tool & Machine Inc. Group Life Plan | - | 333 | - | - | - |
| 2013 | 4 | 312 | $23,970,602 | $2,004,977 | $6,426iApproximate average salary by contribution assumption: employee only about $160,655 at 4% or $107,103 at 6%; with 50% employer match about $107,103 at 4% or $71,402 at 6%; with 100% employer match about $80,328 at 4% or $53,552 at 6%. |
| Major Tool & Machine Inc Personal Savings Plan | - | 287 | $23,970,602 | $2,004,977 | $6,986iApproximate average salary by contribution assumption: employee only about $174,650 at 4% or $116,433 at 6%; with 50% employer match about $116,433 at 4% or $77,622 at 6%; with 100% employer match about $87,325 at 4% or $58,217 at 6%. |
| Major Tool & Machine Inc. Health Insurance Plan | - | 264 | - | - | - |
| Major Tool & Machine Inc. Group Life Plan | - | 312 | - | - | - |
| Major Tool & Machine Inc. Retirement Trust 1 | - | 0 | $0 | - | - |
| 2012 | 4 | 301 | $18,744,266 | $10,120,679 | $33,624iApproximate average salary by contribution assumption: employee only about $840,588 at 4% or $560,392 at 6%; with 50% employer match about $560,392 at 4% or $373,595 at 6%; with 100% employer match about $420,294 at 4% or $280,196 at 6%. |
| Major Tool & Machine Inc Personal Savings Plan | - | 285 | $18,626,778 | $3,320,679 | $11,652iApproximate average salary by contribution assumption: employee only about $291,288 at 4% or $194,192 at 6%; with 50% employer match about $194,192 at 4% or $129,461 at 6%; with 100% employer match about $145,644 at 4% or $97,096 at 6%. |
| Major Tool & Machine Inc. Retirement Trust 1 | - | 0 | $117,488 | $6,800,000 | - |
| Major Tool & Machine Inc. Health Insurance Plan | - | 264 | - | - | - |
| Major Tool & Machine Inc. Group Life Plan | - | 301 | - | - | - |
| 2011 | 4 | 292 | $26,222,129 | $2,012,194 | $6,891iApproximate average salary by contribution assumption: employee only about $172,277 at 4% or $114,851 at 6%; with 50% employer match about $114,851 at 4% or $76,568 at 6%; with 100% employer match about $86,138 at 4% or $57,426 at 6%. |
| Major Tool & Machine Inc Personal Savings Plan | - | 285 | $14,813,445 | $2,012,194 | $7,060iApproximate average salary by contribution assumption: employee only about $176,508 at 4% or $117,672 at 6%; with 50% employer match about $117,672 at 4% or $78,448 at 6%; with 100% employer match about $88,254 at 4% or $58,836 at 6%. |
| Major Tool & Machine Inc. Retirement Trust 1 | - | 262 | $11,408,684 | - | - |
| Major Tool & Machine Inc. Health Insurance Plan | - | 256 | - | - | - |
| Major Tool & Machine Inc. Group Life Plan | - | 292 | - | - | - |
| 2010 | 6 | 292 | $26,539,832 | $2,486,169 | $8,514iApproximate average salary by contribution assumption: employee only about $212,857 at 4% or $141,905 at 6%; with 50% employer match about $141,905 at 4% or $94,603 at 6%; with 100% employer match about $106,428 at 4% or $70,952 at 6%. |
| Major Tool & Machine Inc Personal Savings Plan | - | 292 | $14,256,717 | $1,736,169 | $5,946iApproximate average salary by contribution assumption: employee only about $148,645 at 4% or $99,096 at 6%; with 50% employer match about $99,096 at 4% or $66,064 at 6%; with 100% employer match about $74,322 at 4% or $49,548 at 6%. |
| Major Tool & Machine Inc. Retirement Trust 1 | - | 263 | $12,283,115 | $750,000 | $2,852iApproximate average salary by contribution assumption: employee only about $71,293 at 4% or $47,529 at 6%; with 50% employer match about $47,529 at 4% or $31,686 at 6%; with 100% employer match about $35,646 at 4% or $23,764 at 6%. |
| Major Tool & Machine Inc. Health Insurance Plan | - | 260 | - | - | - |
| Major Tool & Machine Inc. Group Life Plan | - | 285 | - | - | - |
| Major Tool & Machine Inc. Disability Income Plan | - | 0 | - | - | - |
| Major Tool & Machine Inc. Short Term Disability Plan | - | 0 | - | - | - |
| 2009 | 6 | 280 | $21,548,644 | $1,797,488 | $6,420iApproximate average salary by contribution assumption: employee only about $160,490 at 4% or $106,993 at 6%; with 50% employer match about $106,993 at 4% or $71,329 at 6%; with 100% employer match about $80,245 at 4% or $53,497 at 6%. |
| Major Tool & Machine Inc Personal Savings Plan | - | 272 | $11,096,032 | $1,797,488 | $6,608iApproximate average salary by contribution assumption: employee only about $165,210 at 4% or $110,140 at 6%; with 50% employer match about $110,140 at 4% or $73,427 at 6%; with 100% employer match about $82,605 at 4% or $55,070 at 6%. |
| Major Tool & Machine Inc. Retirement Trust 1 | - | 254 | $10,452,612 | - | - |
| Major Tool & Machine Inc. Short Term Disability Plan | - | 253 | - | - | - |
| Major Tool & Machine Inc. Group Life Plan | - | 280 | - | - | - |
| Major Tool & Machine Inc. Disability Income Plan | - | 268 | - | - | - |
| Major Tool & Machine Inc. Health Insurance Plan | - | 257 | - | - | - |
| 2008 | 5 | 282 | $16,374,438 | $3,243,742 | $11,503iApproximate average salary by contribution assumption: employee only about $287,566 at 4% or $191,711 at 6%; with 50% employer match about $191,711 at 4% or $127,807 at 6%; with 100% employer match about $143,783 at 4% or $95,855 at 6%. |
| Major Tool & Machine Inc. Retirement Trust 1 | - | 250 | $9,221,137 | $1,250,000 | $5,000iApproximate average salary by contribution assumption: employee only about $125,000 at 4% or $83,333 at 6%; with 50% employer match about $83,333 at 4% or $55,556 at 6%; with 100% employer match about $62,500 at 4% or $41,667 at 6%. |
| Major Tool & Machine Inc Personal Savings Plan | - | 282 | $7,153,301 | $1,993,742 | $7,070iApproximate average salary by contribution assumption: employee only about $176,750 at 4% or $117,833 at 6%; with 50% employer match about $117,833 at 4% or $78,556 at 6%; with 100% employer match about $88,375 at 4% or $58,917 at 6%. |
| Major Tool & Machine Inc. Short Term Disability Plan | - | 235 | - | - | - |
| Major Tool & Machine Inc. Group Life Plan | - | 248 | - | - | - |
| Major Tool & Machine Inc. Health Insurance Plan | - | 275 | - | - | - |
| 2007 | 5 | 267 | $20,802,655 | $2,424,361 | $9,080iApproximate average salary by contribution assumption: employee only about $227,000 at 4% or $151,333 at 6%; with 50% employer match about $151,333 at 4% or $100,889 at 6%; with 100% employer match about $113,500 at 4% or $75,667 at 6%. |
| Major Tool & Machine Inc. Retirement Trust 1 | - | 239 | $11,488,883 | $600,000 | $2,510iApproximate average salary by contribution assumption: employee only about $62,762 at 4% or $41,841 at 6%; with 50% employer match about $41,841 at 4% or $27,894 at 6%; with 100% employer match about $31,381 at 4% or $20,921 at 6%. |
| Major Tool & Machine Inc Personal Savings Plan | - | 267 | $9,313,772 | $1,824,361 | $6,833iApproximate average salary by contribution assumption: employee only about $170,820 at 4% or $113,880 at 6%; with 50% employer match about $113,880 at 4% or $75,920 at 6%; with 100% employer match about $85,410 at 4% or $56,940 at 6%. |
| Major Tool & Machine Inc. Short Term Disability Plan | - | 225 | - | - | - |
| Major Tool & Machine Inc. Group Life Plan | - | 238 | - | - | - |
| Major Tool & Machine Inc. Health Insurance Plan | - | 224 | - | - | - |
| 2006 | 6 | 284 | $16,988,532 | $2,359,730 | $8,309iApproximate average salary by contribution assumption: employee only about $207,723 at 4% or $138,482 at 6%; with 50% employer match about $138,482 at 4% or $92,321 at 6%; with 100% employer match about $103,861 at 4% or $69,241 at 6%. |
| Major Tool & Machine Inc. Retirement Trust 1 | - | 247 | $10,022,216 | $1,594,844 | $6,457iApproximate average salary by contribution assumption: employee only about $161,421 at 4% or $107,614 at 6%; with 50% employer match about $107,614 at 4% or $71,743 at 6%; with 100% employer match about $80,711 at 4% or $53,807 at 6%. |
| Major Tool & Machine Inc Personal Savings Plan | - | 284 | $6,966,316 | $764,886 | $2,693iApproximate average salary by contribution assumption: employee only about $67,332 at 4% or $44,888 at 6%; with 50% employer match about $44,888 at 4% or $29,925 at 6%; with 100% employer match about $33,666 at 4% or $22,444 at 6%. |
| Major Tool & Machine Inc. Disability Income Plan | - | 257 | - | - | - |
| Major Tool & Machine Inc. Short Term Disability Plan | - | 236 | - | - | - |
| Major Tool & Machine Inc. Health Insurance Plan | - | 245 | - | - | - |
| Major Tool & Machine Inc. Group Life Plan | - | 249 | - | - | - |
| 2005 | 6 | 250 | $13,885,688 | $1,344,288 | $5,377iApproximate average salary by contribution assumption: employee only about $134,429 at 4% or $89,619 at 6%; with 50% employer match about $89,619 at 4% or $59,746 at 6%; with 100% employer match about $67,214 at 4% or $44,810 at 6%. |
| Major Tool & Machine Inc. Retirement Trust 1 | - | 218 | $8,039,898 | $650,973 | $2,986iApproximate average salary by contribution assumption: employee only about $74,653 at 4% or $49,769 at 6%; with 50% employer match about $49,769 at 4% or $33,179 at 6%; with 100% employer match about $37,326 at 4% or $24,884 at 6%. |
| Major Tool & Machine Inc Personal Savings Plan | - | 250 | $5,845,790 | $693,315 | $2,773iApproximate average salary by contribution assumption: employee only about $69,332 at 4% or $46,221 at 6%; with 50% employer match about $46,221 at 4% or $30,814 at 6%; with 100% employer match about $34,666 at 4% or $23,111 at 6%. |
| Major Tool & Machine Inc. Short Term Disability Plan | - | 218 | - | - | - |
| Major Tool & Machine Inc. Group Life Plan | - | 217 | - | - | - |
| Major Tool & Machine Inc. Health Insurance Plan | - | 241 | - | - | - |
| Major Tool & Machine Inc. Disability Income Plan | - | 233 | - | - | - |
| 2004 | 6 | 204 | $7,231,008 | $0 | - |
| Major Tool & Machine Inc. Retirement Trust 1 | - | 196 | $7,231,008 | - | - |
| MAJOR TOOL AND MACHINE, INC. FLEXIBLE BENEFIT PLAN | - | 106 | - | - | - |
| Major Tool & Machine Inc. Group Life Plan | - | 196 | - | - | - |
| Major Tool & Machine Inc. Health Insurance Plan | - | 204 | - | - | - |
| Major Tool & Machine Inc. Disability Income Plan | - | 196 | - | - | - |
| Major Tool & Machine Inc. Short Term Disability Plan | - | 189 | - | - | - |
| 2003 | 5 | 198 | $7,180,125 | $0 | - |
| Major Tool & Machine Inc. Retirement Trust 1 | - | 197 | $7,180,125 | - | - |
| Major Tool & Machine Inc. Disability Income Plan | - | 198 | - | - | - |
| Major Tool & Machine Inc. Short Term Disability Plan | - | 193 | - | - | - |
| Major Tool & Machine Inc. Health Insurance Plan | - | 175 | - | - | - |
| Major Tool & Machine Inc. Group Life Plan | - | 197 | - | - | - |
| 2002 | 5 | 220 | $6,102,181 | $0 | - |
| Major Tool & Machine Inc. Retirement Trust 1 | - | 220 | $6,102,181 | - | - |
| Major Tool & Machine Inc. Health Insurance Plan | - | 215 | - | - | - |
| Major Tool & Machine Inc. Disability Income Plan | - | 220 | - | - | - |
| Major Tool & Machine Inc. Short Term Disability Plan | - | 218 | - | - | - |
| Major Tool & Machine Inc. Group Life Plan | - | 216 | - | - | - |
| 2001 | 5 | 222 | $6,352,270 | $0 | - |
| Major Tool & Machine Inc. Retirement Trust 1 | - | 204 | $6,352,270 | - | - |
| Major Tool & Machine Inc. Short Term Disability Plan | - | 210 | - | - | - |
| Major Tool & Machine Inc. Group Life Plan | - | 202 | - | - | - |
| Major Tool & Machine Inc. Health Insurance Plan | - | 222 | - | - | - |
| Major Tool & Machine Inc. Disability Income Plan | - | 218 | - | - | - |
| 2000 | 4 | 216 | $6,976,466 | $0 | - |
| Major Tool & Machine Inc. Retirement Trust 1 | - | 190 | $6,976,466 | - | - |
| Major Tool & Machine Inc. Health Insurance Plan | - | 216 | - | - | - |
| Major Tool & Machine Inc. Disability Income Plan | - | 200 | - | - | - |
| Major Tool & Machine Inc. Short Term Disability Plan | - | 192 | - | - | - |
| 1999 | 4 | 385 | $11,351,757 | $627,590 | $1,630iApproximate average salary by contribution assumption: employee only about $40,753 at 4% or $27,168 at 6%; with 50% employer match about $27,168 at 4% or $18,112 at 6%; with 100% employer match about $20,376 at 4% or $13,584 at 6%. |
| Major Tool & Machine Inc. Retirement Trust 1 | - | 190 | $7,845,152 | - | - |
| Major Tool & Machine Inc Personal Savings Plan | - | 195 | $3,506,605 | $627,590 | $3,218iApproximate average salary by contribution assumption: employee only about $80,460 at 4% or $53,640 at 6%; with 50% employer match about $53,640 at 4% or $35,760 at 6%; with 100% employer match about $40,230 at 4% or $26,820 at 6%. |
| Major Tool & Machine Inc. Disability Income Plan | - | 385 | - | - | - |
| Major Tool & Machine Inc. Health Insurance Plan | - | 217 | - | - | - |