Banks Hardwoods Inc.
Plan context: Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust
EIN 35-1641369 • White Pigeon, MI • 51 filings • 7 plans
Current Snapshot
Latest Year
2025
2025 Participants
107
2025 Assets
$12,367,331
2025 Contributions
$445,282
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 |
|---|---|---|---|---|---|
| 2025 | 1 | 107 | $0 | $0 | - |
| Banks Hardwoods Inc. Cafeteria Plan | - | 107 | - | - | - |
| 2024 | 2 | 111 | $12,367,331 | $445,282 | $4,012iApproximate average salary by contribution assumption: employee only about $100,289 at 4% or $66,859 at 6%; with 50% employer match about $66,859 at 4% or $44,573 at 6%; with 100% employer match about $50,144 at 4% or $33,430 at 6%. |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 84 | $12,367,331 | $445,282 | $5,301iApproximate average salary by contribution assumption: employee only about $132,524 at 4% or $88,350 at 6%; with 50% employer match about $88,350 at 4% or $58,900 at 6%; with 100% employer match about $66,262 at 4% or $44,175 at 6%. |
| Banks Hardwoods Inc. Cafeteria Plan | - | 111 | - | - | - |
| 2023 | 2 | 112 | $11,165,403 | $305,977 | $2,732iApproximate average salary by contribution assumption: employee only about $68,298 at 4% or $45,532 at 6%; with 50% employer match about $45,532 at 4% or $30,355 at 6%; with 100% employer match about $34,149 at 4% or $22,766 at 6%. |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 89 | $11,165,403 | $305,977 | $3,438iApproximate average salary by contribution assumption: employee only about $85,949 at 4% or $57,299 at 6%; with 50% employer match about $57,299 at 4% or $38,199 at 6%; with 100% employer match about $42,974 at 4% or $28,650 at 6%. |
| Banks Hardwoods Inc. Cafeteria Plan | - | 112 | - | - | - |
| 2022 | 2 | 120 | $9,548,499 | $430,451 | $3,587iApproximate average salary by contribution assumption: employee only about $89,677 at 4% or $59,785 at 6%; with 50% employer match about $59,785 at 4% or $39,857 at 6%; with 100% employer match about $44,839 at 4% or $29,892 at 6%. |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 106 | $9,548,499 | $430,451 | $4,061iApproximate average salary by contribution assumption: employee only about $101,521 at 4% or $67,681 at 6%; with 50% employer match about $67,681 at 4% or $45,121 at 6%; with 100% employer match about $50,761 at 4% or $33,840 at 6%. |
| Banks Hardwoods Inc. Cafeteria Plan | - | 120 | - | - | - |
| 2021 | 2 | 190 | $11,058,412 | $418,288 | $2,202iApproximate average salary by contribution assumption: employee only about $55,038 at 4% or $36,692 at 6%; with 50% employer match about $36,692 at 4% or $24,461 at 6%; with 100% employer match about $27,519 at 4% or $18,346 at 6%. |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 103 | $11,058,412 | $418,288 | $4,061iApproximate average salary by contribution assumption: employee only about $101,526 at 4% or $67,684 at 6%; with 50% employer match about $67,684 at 4% or $45,123 at 6%; with 100% employer match about $50,763 at 4% or $33,842 at 6%. |
| Banks Hardwoods Inc. Cafeteria Plan | - | 190 | - | - | - |
| 2020 | 2 | 111 | $9,425,312 | $373,476 | $3,365iApproximate average salary by contribution assumption: employee only about $84,116 at 4% or $56,077 at 6%; with 50% employer match about $56,077 at 4% or $37,385 at 6%; with 100% employer match about $42,058 at 4% or $28,039 at 6%. |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 103 | $9,425,312 | $373,476 | $3,626iApproximate average salary by contribution assumption: employee only about $90,650 at 4% or $60,433 at 6%; with 50% employer match about $60,433 at 4% or $40,289 at 6%; with 100% employer match about $45,325 at 4% or $30,217 at 6%. |
| Banks Hardwoods Inc. Cafeteria Plan | - | 111 | - | - | - |
| 2019 | 2 | 110 | $7,970,165 | $355,107 | $3,228iApproximate average salary by contribution assumption: employee only about $80,706 at 4% or $53,804 at 6%; with 50% employer match about $53,804 at 4% or $35,869 at 6%; with 100% employer match about $40,353 at 4% or $26,902 at 6%. |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 103 | $7,970,165 | $355,107 | $3,448iApproximate average salary by contribution assumption: employee only about $86,191 at 4% or $57,461 at 6%; with 50% employer match about $57,461 at 4% or $38,307 at 6%; with 100% employer match about $43,096 at 4% or $28,730 at 6%. |
| Banks Hardwoods Inc. Cafeteria Plan | - | 110 | - | - | - |
| 2018 | 2 | 130 | $6,827,544 | $307,423 | $2,365iApproximate average salary by contribution assumption: employee only about $59,120 at 4% or $39,413 at 6%; with 50% employer match about $39,413 at 4% or $26,275 at 6%; with 100% employer match about $29,560 at 4% or $19,707 at 6%. |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 116 | $6,827,544 | $307,423 | $2,650iApproximate average salary by contribution assumption: employee only about $66,255 at 4% or $44,170 at 6%; with 50% employer match about $44,170 at 4% or $29,447 at 6%; with 100% employer match about $33,127 at 4% or $22,085 at 6%. |
| Banks Hardwoods Inc. Cafeteria Plan | - | 130 | - | - | - |
| 2017 | 2 | 145 | $7,176,404 | $399,489 | $2,755iApproximate average salary by contribution assumption: employee only about $68,877 at 4% or $45,918 at 6%; with 50% employer match about $45,918 at 4% or $30,612 at 6%; with 100% employer match about $34,439 at 4% or $22,959 at 6%. |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 127 | $7,176,404 | $399,489 | $3,146iApproximate average salary by contribution assumption: employee only about $78,640 at 4% or $52,426 at 6%; with 50% employer match about $52,426 at 4% or $34,951 at 6%; with 100% employer match about $39,320 at 4% or $26,213 at 6%. |
| Banks Hardwoods Inc. Cafeteria Plan | - | 145 | - | - | - |
| 2016 | 2 | 149 | $6,278,282 | $405,561 | $2,722iApproximate average salary by contribution assumption: employee only about $68,047 at 4% or $45,365 at 6%; with 50% employer match about $45,365 at 4% or $30,243 at 6%; with 100% employer match about $34,024 at 4% or $22,682 at 6%. |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 134 | $6,278,282 | $405,561 | $3,027iApproximate average salary by contribution assumption: employee only about $75,664 at 4% or $50,443 at 6%; with 50% employer match about $50,443 at 4% or $33,629 at 6%; with 100% employer match about $37,832 at 4% or $25,221 at 6%. |
| Banks Hardwoods Inc. Cafeteria Plan | - | 149 | - | - | - |
| 2015 | 2 | 161 | $5,636,472 | $409,257 | $2,542iApproximate average salary by contribution assumption: employee only about $63,549 at 4% or $42,366 at 6%; with 50% employer match about $42,366 at 4% or $28,244 at 6%; with 100% employer match about $31,775 at 4% or $21,183 at 6%. |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 127 | $5,636,472 | $409,257 | $3,222iApproximate average salary by contribution assumption: employee only about $80,562 at 4% or $53,708 at 6%; with 50% employer match about $53,708 at 4% or $35,806 at 6%; with 100% employer match about $40,281 at 4% or $26,854 at 6%. |
| Banks Hardwoods Inc. Cafeteria Plan | - | 161 | - | - | - |
| 2014 | 2 | 160 | $5,487,832 | $360,187 | $2,251iApproximate average salary by contribution assumption: employee only about $56,279 at 4% or $37,519 at 6%; with 50% employer match about $37,519 at 4% or $25,013 at 6%; with 100% employer match about $28,140 at 4% or $18,760 at 6%. |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 128 | $5,487,832 | $360,187 | $2,814iApproximate average salary by contribution assumption: employee only about $70,349 at 4% or $46,899 at 6%; with 50% employer match about $46,899 at 4% or $31,266 at 6%; with 100% employer match about $35,175 at 4% or $23,450 at 6%. |
| Banks Hardwoods Inc. Cafeteria Plan | - | 160 | - | - | - |
| 2013 | 2 | 154 | $4,997,001 | $349,662 | $2,271iApproximate average salary by contribution assumption: employee only about $56,763 at 4% or $37,842 at 6%; with 50% employer match about $37,842 at 4% or $25,228 at 6%; with 100% employer match about $28,382 at 4% or $18,921 at 6%. |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 112 | $4,997,001 | $349,662 | $3,122iApproximate average salary by contribution assumption: employee only about $78,050 at 4% or $52,033 at 6%; with 50% employer match about $52,033 at 4% or $34,689 at 6%; with 100% employer match about $39,025 at 4% or $26,017 at 6%. |
| Banks Hardwoods Inc. Cafeteria Plan | - | 154 | - | - | - |
| 2012 | 2 | 135 | $3,916,788 | $352,910 | $2,614iApproximate average salary by contribution assumption: employee only about $65,354 at 4% or $43,569 at 6%; with 50% employer match about $43,569 at 4% or $29,046 at 6%; with 100% employer match about $32,677 at 4% or $21,785 at 6%. |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 105 | $3,916,788 | $352,910 | $3,361iApproximate average salary by contribution assumption: employee only about $84,026 at 4% or $56,017 at 6%; with 50% employer match about $56,017 at 4% or $37,345 at 6%; with 100% employer match about $42,013 at 4% or $28,009 at 6%. |
| Banks Hardwoods Inc. Cafeteria Plan | - | 135 | - | - | - |
| 2011 | 2 | 119 | $3,213,331 | $220,800 | $1,855iApproximate average salary by contribution assumption: employee only about $46,387 at 4% or $30,924 at 6%; with 50% employer match about $30,924 at 4% or $20,616 at 6%; with 100% employer match about $23,193 at 4% or $15,462 at 6%. |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 119 | $3,213,331 | $220,800 | $1,855iApproximate average salary by contribution assumption: employee only about $46,387 at 4% or $30,924 at 6%; with 50% employer match about $30,924 at 4% or $20,616 at 6%; with 100% employer match about $23,193 at 4% or $15,462 at 6%. |
| Banks Hardwoods Inc. Cafeteria Plan | - | 107 | - | - | - |
| 2010 | 2 | 126 | $3,470,988 | $218,550 | $1,735iApproximate average salary by contribution assumption: employee only about $43,363 at 4% or $28,909 at 6%; with 50% employer match about $28,909 at 4% or $19,272 at 6%; with 100% employer match about $21,682 at 4% or $14,454 at 6%. |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 119 | $3,470,988 | $218,550 | $1,837iApproximate average salary by contribution assumption: employee only about $45,914 at 4% or $30,609 at 6%; with 50% employer match about $30,609 at 4% or $20,406 at 6%; with 100% employer match about $22,957 at 4% or $15,305 at 6%. |
| Banks Hardwoods Inc. Cafeteria Plan | - | 126 | - | - | - |
| 2009 | 2 | 126 | $3,174,188 | $165,991 | $1,317iApproximate average salary by contribution assumption: employee only about $32,935 at 4% or $21,956 at 6%; with 50% employer match about $21,956 at 4% or $14,638 at 6%; with 100% employer match about $16,467 at 4% or $10,978 at 6%. |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 126 | $3,174,188 | $165,991 | $1,317iApproximate average salary by contribution assumption: employee only about $32,935 at 4% or $21,956 at 6%; with 50% employer match about $21,956 at 4% or $14,638 at 6%; with 100% employer match about $16,467 at 4% or $10,978 at 6%. |
| Banks Hardwoods Inc. Cafeteria Plan | - | 107 | - | - | - |
| 2008 | 2 | 140 | $2,855,334 | $409,499 | $2,925iApproximate average salary by contribution assumption: employee only about $73,125 at 4% or $48,750 at 6%; with 50% employer match about $48,750 at 4% or $32,500 at 6%; with 100% employer match about $36,562 at 4% or $24,375 at 6%. |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 140 | $2,855,334 | $409,499 | $2,925iApproximate average salary by contribution assumption: employee only about $73,125 at 4% or $48,750 at 6%; with 50% employer match about $48,750 at 4% or $32,500 at 6%; with 100% employer match about $36,562 at 4% or $24,375 at 6%. |
| Banks Hardwoods Inc. Cafeteria Plan | - | 129 | - | - | - |
| 2007 | 2 | 168 | $3,595,954 | $430,591 | $2,563iApproximate average salary by contribution assumption: employee only about $64,076 at 4% or $42,717 at 6%; with 50% employer match about $42,717 at 4% or $28,478 at 6%; with 100% employer match about $32,038 at 4% or $21,359 at 6%. |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 164 | $3,595,954 | $430,591 | $2,626iApproximate average salary by contribution assumption: employee only about $65,639 at 4% or $43,759 at 6%; with 50% employer match about $43,759 at 4% or $29,173 at 6%; with 100% employer match about $32,819 at 4% or $21,880 at 6%. |
| Banks Hardwoods Inc. Cafeteria Plan | - | 168 | - | - | - |
| 2006 | 2 | 176 | $3,165,306 | $509,941 | $2,897iApproximate average salary by contribution assumption: employee only about $72,435 at 4% or $48,290 at 6%; with 50% employer match about $48,290 at 4% or $32,193 at 6%; with 100% employer match about $36,217 at 4% or $24,145 at 6%. |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 146 | $3,165,306 | $509,941 | $3,493iApproximate average salary by contribution assumption: employee only about $87,319 at 4% or $58,212 at 6%; with 50% employer match about $58,212 at 4% or $38,808 at 6%; with 100% employer match about $43,659 at 4% or $29,106 at 6%. |
| Banks Hardwoods Inc. Cafeteria Plan | - | 176 | - | - | - |
| 2005 | 2 | 157 | $2,480,162 | $382,261 | $2,435iApproximate average salary by contribution assumption: employee only about $60,870 at 4% or $40,580 at 6%; with 50% employer match about $40,580 at 4% or $27,053 at 6%; with 100% employer match about $30,435 at 4% or $20,290 at 6%. |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 137 | $2,480,162 | $382,261 | $2,790iApproximate average salary by contribution assumption: employee only about $69,756 at 4% or $46,504 at 6%; with 50% employer match about $46,504 at 4% or $31,003 at 6%; with 100% employer match about $34,878 at 4% or $23,252 at 6%. |
| Banks Hardwoods Inc. Cafeteria Plan | - | 157 | - | - | - |
| 2004 | 2 | 135 | $1,983,215 | $309,192 | $2,290iApproximate average salary by contribution assumption: employee only about $57,258 at 4% or $38,172 at 6%; with 50% employer match about $38,172 at 4% or $25,448 at 6%; with 100% employer match about $28,629 at 4% or $19,086 at 6%. |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 125 | $1,983,215 | $309,192 | $2,474iApproximate average salary by contribution assumption: employee only about $61,838 at 4% or $41,226 at 6%; with 50% employer match about $41,226 at 4% or $27,484 at 6%; with 100% employer match about $30,919 at 4% or $20,613 at 6%. |
| Banks Hardwoods Inc. Cafeteria Plan | - | 135 | - | - | - |
| 2003 | 2 | 136 | $1,622,659 | $305,298 | $2,245iApproximate average salary by contribution assumption: employee only about $56,121 at 4% or $37,414 at 6%; with 50% employer match about $37,414 at 4% or $24,943 at 6%; with 100% employer match about $28,060 at 4% or $18,707 at 6%. |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 119 | $1,622,659 | $305,298 | $2,566iApproximate average salary by contribution assumption: employee only about $64,138 at 4% or $42,759 at 6%; with 50% employer match about $42,759 at 4% or $28,506 at 6%; with 100% employer match about $32,069 at 4% or $21,379 at 6%. |
| Banks Hardwoods Inc. Cafeteria Plan | - | 136 | - | - | - |
| 2002 | 2 | 111 | $0 | $0 | - |
| Banks Hardwoods Inc. Cafeteria Plan | - | 111 | - | - | - |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 106 | - | - | - |
| 2001 | 2 | 111 | $0 | $0 | - |
| Banks Hardwoods Inc. Cafeteria Plan | - | 111 | - | - | - |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 95 | - | - | - |
| 2000 | 1 | 85 | $0 | $0 | - |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 85 | - | - | - |
| 1999 | 1 | 88 | $992,215 | $80,499 | $915iApproximate average salary by contribution assumption: employee only about $22,869 at 4% or $15,246 at 6%; with 50% employer match about $15,246 at 4% or $10,164 at 6%; with 100% employer match about $11,435 at 4% or $7,623 at 6%. |
| Banks Hardwoods Inc. 401(K) Profit Sharing Plan & Trust | - | 88 | $992,215 | $80,499 | $915iApproximate average salary by contribution assumption: employee only about $22,869 at 4% or $15,246 at 6%; with 50% employer match about $15,246 at 4% or $10,164 at 6%; with 100% employer match about $11,435 at 4% or $7,623 at 6%. |