Civic Intelligence

Phoenix Tool Corporation

Plan context: PHOENIX TOOL CORPORATION 401(K) PLAN

EIN 36-2750361 • Elk Grove Village, IL • 18 filings • 2 plans

700 Lunt AveElk Grove Village, IL 60007
Current Snapshot

Latest Year

2023

2023 Participants

10

2023 Assets

$1,722,772

2023 Contributions

$47,654

Historical Graphs

Total Assets Over Time

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

$1,861,754$930,877$0201520192022YearValue
$1,722,772Latest year 2022

Participants Over Time

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

1160201520192022YearValue
10Latest 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
202320$0$47,654-
Phoenix Tool Corporation Cash Balance Plan-0$0$0-
PHOENIX TOOL CORPORATION 401(K) PLAN-0$0$47,654-
2022210$1,722,772$193,187$19,319iApproximate average salary by contribution assumption: employee only about $482,968 at 4% or $321,978 at 6%; with 50% employer match about $321,978 at 4% or $214,652 at 6%; with 100% employer match about $241,484 at 4% or $160,989 at 6%.
PHOENIX TOOL CORPORATION 401(K) PLAN-10$1,020,660$83,187$8,319iApproximate average salary by contribution assumption: employee only about $207,968 at 4% or $138,645 at 6%; with 50% employer match about $138,645 at 4% or $92,430 at 6%; with 100% employer match about $103,984 at 4% or $69,323 at 6%.
Phoenix Tool Corporation Cash Balance Plan-9$702,112$110,000$12,222iApproximate average salary by contribution assumption: employee only about $305,556 at 4% or $203,704 at 6%; with 50% employer match about $203,704 at 4% or $135,802 at 6%; with 100% employer match about $152,778 at 4% or $101,852 at 6%.
2021210$1,861,754$186,651$18,665iApproximate average salary by contribution assumption: employee only about $466,627 at 4% or $311,085 at 6%; with 50% employer match about $311,085 at 4% or $207,390 at 6%; with 100% employer match about $233,314 at 4% or $155,543 at 6%.
PHOENIX TOOL CORPORATION 401(K) PLAN-10$1,173,185$76,651$7,665iApproximate average salary by contribution assumption: employee only about $191,628 at 4% or $127,752 at 6%; with 50% employer match about $127,752 at 4% or $85,168 at 6%; with 100% employer match about $95,814 at 4% or $63,876 at 6%.
Phoenix Tool Corporation Cash Balance Plan-10$688,569$110,000$11,000iApproximate average salary by contribution assumption: employee only about $275,000 at 4% or $183,333 at 6%; with 50% employer match about $183,333 at 4% or $122,222 at 6%; with 100% employer match about $137,500 at 4% or $91,667 at 6%.
2020211$1,445,842$185,209$16,837iApproximate average salary by contribution assumption: employee only about $420,930 at 4% or $280,620 at 6%; with 50% employer match about $280,620 at 4% or $187,080 at 6%; with 100% employer match about $210,465 at 4% or $140,310 at 6%.
PHOENIX TOOL CORPORATION 401(K) PLAN-11$911,500$75,209$6,837iApproximate average salary by contribution assumption: employee only about $170,930 at 4% or $113,953 at 6%; with 50% employer match about $113,953 at 4% or $75,969 at 6%; with 100% employer match about $85,465 at 4% or $56,977 at 6%.
Phoenix Tool Corporation Cash Balance Plan-10$534,342$110,000$11,000iApproximate average salary by contribution assumption: employee only about $275,000 at 4% or $183,333 at 6%; with 50% employer match about $183,333 at 4% or $122,222 at 6%; with 100% employer match about $137,500 at 4% or $91,667 at 6%.
2019211$1,067,262$200,211$18,201iApproximate average salary by contribution assumption: employee only about $455,025 at 4% or $303,350 at 6%; with 50% employer match about $303,350 at 4% or $202,233 at 6%; with 100% employer match about $227,513 at 4% or $151,675 at 6%.
PHOENIX TOOL CORPORATION 401(K) PLAN-11$706,346$90,211$8,201iApproximate average salary by contribution assumption: employee only about $205,025 at 4% or $136,683 at 6%; with 50% employer match about $136,683 at 4% or $91,122 at 6%; with 100% employer match about $102,513 at 4% or $68,342 at 6%.
Phoenix Tool Corporation Cash Balance Plan-10$360,916$110,000$11,000iApproximate average salary by contribution assumption: employee only about $275,000 at 4% or $183,333 at 6%; with 50% employer match about $183,333 at 4% or $122,222 at 6%; with 100% employer match about $137,500 at 4% or $91,667 at 6%.
201828$710,830$163,272$20,409iApproximate average salary by contribution assumption: employee only about $510,225 at 4% or $340,150 at 6%; with 50% employer match about $340,150 at 4% or $226,767 at 6%; with 100% employer match about $255,113 at 4% or $170,075 at 6%.
PHOENIX TOOL CORPORATION 401(K) PLAN-8$486,400$53,272$6,659iApproximate average salary by contribution assumption: employee only about $166,475 at 4% or $110,983 at 6%; with 50% employer match about $110,983 at 4% or $73,989 at 6%; with 100% employer match about $83,238 at 4% or $55,492 at 6%.
Phoenix Tool Corporation Cash Balance Plan-8$224,430$110,000$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%.
201729$584,952$160,752$17,861iApproximate average salary by contribution assumption: employee only about $446,533 at 4% or $297,689 at 6%; with 50% employer match about $297,689 at 4% or $198,459 at 6%; with 100% employer match about $223,267 at 4% or $148,844 at 6%.
PHOENIX TOOL CORPORATION 401(K) PLAN-9$462,381$50,470$5,608iApproximate average salary by contribution assumption: employee only about $140,194 at 4% or $93,463 at 6%; with 50% employer match about $93,463 at 4% or $62,309 at 6%; with 100% employer match about $70,097 at 4% or $46,731 at 6%.
Phoenix Tool Corporation Cash Balance Plan-8$122,571$110,282$13,785iApproximate average salary by contribution assumption: employee only about $344,631 at 4% or $229,754 at 6%; with 50% employer match about $229,754 at 4% or $153,169 at 6%; with 100% employer match about $172,316 at 4% or $114,877 at 6%.
201629$511,074$49,849$5,539iApproximate average salary by contribution assumption: employee only about $138,469 at 4% or $92,313 at 6%; with 50% employer match about $92,313 at 4% or $61,542 at 6%; with 100% employer match about $69,235 at 4% or $46,156 at 6%.
PHOENIX TOOL CORPORATION 401(K) PLAN-7$499,032$37,807$5,401iApproximate average salary by contribution assumption: employee only about $135,025 at 4% or $90,017 at 6%; with 50% employer match about $90,017 at 4% or $60,011 at 6%; with 100% employer match about $67,513 at 4% or $45,008 at 6%.
Phoenix Tool Corporation Cash Balance Plan-9$12,042$12,042$1,338iApproximate average salary by contribution assumption: employee only about $33,450 at 4% or $22,300 at 6%; with 50% employer match about $22,300 at 4% or $14,867 at 6%; with 100% employer match about $16,725 at 4% or $11,150 at 6%.
201529$423,968$414,585$46,065iApproximate average salary by contribution assumption: employee only about $1,151,625 at 4% or $767,750 at 6%; with 50% employer match about $767,750 at 4% or $511,833 at 6%; with 100% employer match about $575,813 at 4% or $383,875 at 6%.
PHOENIX TOOL CORPORATION 401(K) PLAN-9$423,968$414,585$46,065iApproximate average salary by contribution assumption: employee only about $1,151,625 at 4% or $767,750 at 6%; with 50% employer match about $767,750 at 4% or $511,833 at 6%; with 100% employer match about $575,813 at 4% or $383,875 at 6%.
Phoenix Tool Corporation Cash Balance Plan-9$0$0-
Phoenix Tool Corporation | EIN 36-2750361 | 2023 Form 5500 Company Profile