Civic Intelligence

Damen Carbide Tool Company Inc.

Plan context: Damen Carbide Tool Company Inc 401(K) Plan

EIN 36-2428499 • Wood Dale, IL • 26 filings • 6 plans

344 Beinoris DriveWood Dale, IL 60191
Current Snapshot

Latest Year

2024

2024 Participants

17

2024 Assets

$2,497,219

2024 Contributions

$237,724

Historical Graphs

Total Assets Over Time

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

$8,933,802$4,466,901$0199920112023YearValue
$2,497,219Latest year 2023

Participants Over Time

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

26130199920112023YearValue
17Latest year 2023

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
202410$0$0-
Damen Carbide Tool Company Inc 401(K) Plan-0$0--
2023117$2,497,219$237,724$13,984iApproximate average salary by contribution assumption: employee only about $349,594 at 4% or $233,063 at 6%; with 50% employer match about $233,063 at 4% or $155,375 at 6%; with 100% employer match about $174,797 at 4% or $116,531 at 6%.
Damen Carbide Tool Company Inc 401(K) Plan-17$2,497,219$237,724$13,984iApproximate average salary by contribution assumption: employee only about $349,594 at 4% or $233,063 at 6%; with 50% employer match about $233,063 at 4% or $155,375 at 6%; with 100% employer match about $174,797 at 4% or $116,531 at 6%.
2022117$2,404,981$183,782$10,811iApproximate average salary by contribution assumption: employee only about $270,268 at 4% or $180,178 at 6%; with 50% employer match about $180,178 at 4% or $120,119 at 6%; with 100% employer match about $135,134 at 4% or $90,089 at 6%.
Damen Carbide Tool Company Inc 401(K) Plan-17$2,404,981$183,782$10,811iApproximate average salary by contribution assumption: employee only about $270,268 at 4% or $180,178 at 6%; with 50% employer match about $180,178 at 4% or $120,119 at 6%; with 100% employer match about $135,134 at 4% or $90,089 at 6%.
2021110$2,706,082$0-
Damen Carbide Tool Company Inc 401(K) Plan-10$2,706,082--
2020112$2,857,190$0-
Damen Carbide Tool Company Inc 401(K) Plan-12$2,857,190$0-
2019117$3,934,948$0-
Damen Carbide Tool Company Inc 401(K) Plan-17$3,934,948$0-
2018118$3,456,325$0-
Damen Carbide Tool Company Inc 401(K) Plan-18$3,456,325$0-
2017120$3,701,896$0-
Damen Carbide Tool Company Inc 401(K) Plan-20$3,701,896$0-
2016124$3,241,205$0-
Damen Carbide Tool Company Inc 401(K) Plan-24$3,241,205--
2015124$3,181,901$50,000$2,083iApproximate average salary by contribution assumption: employee only about $52,083 at 4% or $34,722 at 6%; with 50% employer match about $34,722 at 4% or $23,148 at 6%; with 100% employer match about $26,042 at 4% or $17,361 at 6%.
Damen Carbide Tool Company Inc 401(K) Plan-24$3,181,901$50,000$2,083iApproximate average salary by contribution assumption: employee only about $52,083 at 4% or $34,722 at 6%; with 50% employer match about $34,722 at 4% or $23,148 at 6%; with 100% employer match about $26,042 at 4% or $17,361 at 6%.
2014126$3,735,051$175,000$6,731iApproximate average salary by contribution assumption: employee only about $168,269 at 4% or $112,179 at 6%; with 50% employer match about $112,179 at 4% or $74,786 at 6%; with 100% employer match about $84,135 at 4% or $56,090 at 6%.
Damen Carbide Tool Company Inc 401(K) Plan-26$3,735,051$175,000$6,731iApproximate average salary by contribution assumption: employee only about $168,269 at 4% or $112,179 at 6%; with 50% employer match about $112,179 at 4% or $74,786 at 6%; with 100% employer match about $84,135 at 4% or $56,090 at 6%.
2013123$3,502,353$175,000$7,609iApproximate average salary by contribution assumption: employee only about $190,217 at 4% or $126,812 at 6%; with 50% employer match about $126,812 at 4% or $84,541 at 6%; with 100% employer match about $95,109 at 4% or $63,406 at 6%.
Damen Carbide Tool Company Inc 401(K) Plan-23$3,502,353$175,000$7,609iApproximate average salary by contribution assumption: employee only about $190,217 at 4% or $126,812 at 6%; with 50% employer match about $126,812 at 4% or $84,541 at 6%; with 100% employer match about $95,109 at 4% or $63,406 at 6%.
2012121$5,916,661$100,000$4,762iApproximate average salary by contribution assumption: employee only about $119,048 at 4% or $79,365 at 6%; with 50% employer match about $79,365 at 4% or $52,910 at 6%; with 100% employer match about $59,524 at 4% or $39,683 at 6%.
Damen Carbide Tool Company Inc 401(K) Plan-21$5,916,661$100,000$4,762iApproximate average salary by contribution assumption: employee only about $119,048 at 4% or $79,365 at 6%; with 50% employer match about $79,365 at 4% or $52,910 at 6%; with 100% employer match about $59,524 at 4% or $39,683 at 6%.
2011113$5,795,166$0-
Damen Carbide Tool Company Inc 401(K) Plan-13$5,795,166--
2010114$6,150,744$0-
Damen Carbide Tool Company Inc 401(K) Plan-14$6,150,744--
2009114$5,953,543$0-
Damen Carbide Tool Company Inc 401(K) Plan-14$5,953,543--
2008114$7,908,022$0-
Damen Carbide Tool Company Inc 401(K) Plan-14$7,908,022--
2007116$8,825,717$50,000$3,125iApproximate average salary by contribution assumption: employee only about $78,125 at 4% or $52,083 at 6%; with 50% employer match about $52,083 at 4% or $34,722 at 6%; with 100% employer match about $39,063 at 4% or $26,042 at 6%.
Damen Carbide Tool Company Inc 401(K) Plan-16$8,825,717$50,000$3,125iApproximate average salary by contribution assumption: employee only about $78,125 at 4% or $52,083 at 6%; with 50% employer match about $52,083 at 4% or $34,722 at 6%; with 100% employer match about $39,063 at 4% or $26,042 at 6%.
2006116$8,793,920$140,000$8,750iApproximate average salary by contribution assumption: employee only about $218,750 at 4% or $145,833 at 6%; with 50% employer match about $145,833 at 4% or $97,222 at 6%; with 100% employer match about $109,375 at 4% or $72,917 at 6%.
Damen Carbide Tool Company Inc 401(K) Plan-16$8,793,920$140,000$8,750iApproximate average salary by contribution assumption: employee only about $218,750 at 4% or $145,833 at 6%; with 50% employer match about $145,833 at 4% or $97,222 at 6%; with 100% employer match about $109,375 at 4% or $72,917 at 6%.
2005116$8,933,802$124,342$7,771iApproximate average salary by contribution assumption: employee only about $194,284 at 4% or $129,523 at 6%; with 50% employer match about $129,523 at 4% or $86,349 at 6%; with 100% employer match about $97,142 at 4% or $64,761 at 6%.
Damen Carbide Tool Company Inc 401(K) Plan-16$8,933,802$124,342$7,771iApproximate average salary by contribution assumption: employee only about $194,284 at 4% or $129,523 at 6%; with 50% employer match about $129,523 at 4% or $86,349 at 6%; with 100% employer match about $97,142 at 4% or $64,761 at 6%.
2004117$8,824,223$130,436$7,673iApproximate average salary by contribution assumption: employee only about $191,818 at 4% or $127,878 at 6%; with 50% employer match about $127,878 at 4% or $85,252 at 6%; with 100% employer match about $95,909 at 4% or $63,939 at 6%.
Damen Carbide Tool Company Inc 401(K) Plan-17$8,824,223$130,436$7,673iApproximate average salary by contribution assumption: employee only about $191,818 at 4% or $127,878 at 6%; with 50% employer match about $127,878 at 4% or $85,252 at 6%; with 100% employer match about $95,909 at 4% or $63,939 at 6%.
2003117$8,627,364$117,649$6,921iApproximate average salary by contribution assumption: employee only about $173,013 at 4% or $115,342 at 6%; with 50% employer match about $115,342 at 4% or $76,895 at 6%; with 100% employer match about $86,507 at 4% or $57,671 at 6%.
Damen Carbide Tool Company Inc 401(K) Plan-17$8,627,364$117,649$6,921iApproximate average salary by contribution assumption: employee only about $173,013 at 4% or $115,342 at 6%; with 50% employer match about $115,342 at 4% or $76,895 at 6%; with 100% employer match about $86,507 at 4% or $57,671 at 6%.
2002118$7,639,510$227,349$12,631iApproximate average salary by contribution assumption: employee only about $315,763 at 4% or $210,508 at 6%; with 50% employer match about $210,508 at 4% or $140,339 at 6%; with 100% employer match about $157,881 at 4% or $105,254 at 6%.
Damen Carbide Tool Company Inc 401(K) Plan-18$7,639,510$227,349$12,631iApproximate average salary by contribution assumption: employee only about $315,763 at 4% or $210,508 at 6%; with 50% employer match about $210,508 at 4% or $140,339 at 6%; with 100% employer match about $157,881 at 4% or $105,254 at 6%.
2001120$7,309,071$209,800$10,490iApproximate average salary by contribution assumption: employee only about $262,250 at 4% or $174,833 at 6%; with 50% employer match about $174,833 at 4% or $116,556 at 6%; with 100% employer match about $131,125 at 4% or $87,417 at 6%.
Damen Carbide Tool Company Inc 401(K) Plan-20$7,309,071$209,800$10,490iApproximate average salary by contribution assumption: employee only about $262,250 at 4% or $174,833 at 6%; with 50% employer match about $174,833 at 4% or $116,556 at 6%; with 100% employer match about $131,125 at 4% or $87,417 at 6%.
2000121$6,992,715$240,800$11,467iApproximate average salary by contribution assumption: employee only about $286,667 at 4% or $191,111 at 6%; with 50% employer match about $191,111 at 4% or $127,407 at 6%; with 100% employer match about $143,333 at 4% or $95,556 at 6%.
Damen Carbide Tool Company Inc 401(K) Plan-21$6,992,715$240,800$11,467iApproximate average salary by contribution assumption: employee only about $286,667 at 4% or $191,111 at 6%; with 50% employer match about $191,111 at 4% or $127,407 at 6%; with 100% employer match about $143,333 at 4% or $95,556 at 6%.
1999122$6,951,562$230,750$10,489iApproximate average salary by contribution assumption: employee only about $262,216 at 4% or $174,811 at 6%; with 50% employer match about $174,811 at 4% or $116,540 at 6%; with 100% employer match about $131,108 at 4% or $87,405 at 6%.
Damen Carbide Tool Company Inc 401(K) Plan-22$6,951,562$230,750$10,489iApproximate average salary by contribution assumption: employee only about $262,216 at 4% or $174,811 at 6%; with 50% employer match about $174,811 at 4% or $116,540 at 6%; with 100% employer match about $131,108 at 4% or $87,405 at 6%.