Civic Intelligence

Torrence Machine & Tool Co. Inc.

Plan context: Torrence Machine & Tool Co. Inc. Profit Sharing Plan

EIN 36-2760449 • Mokena, IL • 23 filings • 3 plans

18830 82nd AvenueMokena, IL 60448
Current Snapshot

Latest Year

2024

2024 Participants

12

2024 Assets

$475,536

2024 Contributions

$84,050

Historical Graphs

Total Assets Over Time

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

$543,528$271,764$0199920152024YearValue
$475,536Latest year 2024

Participants Over Time

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

1260199920132024YearValue
12Latest 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
2024112$475,536$84,050$7,004iApproximate average salary by contribution assumption: employee only about $175,104 at 4% or $116,736 at 6%; with 50% employer match about $116,736 at 4% or $77,824 at 6%; with 100% employer match about $87,552 at 4% or $58,368 at 6%.
Torrence Machine & Tool Co. Inc. Profit Sharing Plan-12$475,536$84,050$7,004iApproximate average salary by contribution assumption: employee only about $175,104 at 4% or $116,736 at 6%; with 50% employer match about $116,736 at 4% or $77,824 at 6%; with 100% employer match about $87,552 at 4% or $58,368 at 6%.
2023111$335,443$77,065$7,006iApproximate average salary by contribution assumption: employee only about $175,148 at 4% or $116,765 at 6%; with 50% employer match about $116,765 at 4% or $77,843 at 6%; with 100% employer match about $87,574 at 4% or $58,383 at 6%.
Torrence Machine & Tool Co. Inc. Profit Sharing Plan-11$335,443$77,065$7,006iApproximate average salary by contribution assumption: employee only about $175,148 at 4% or $116,765 at 6%; with 50% employer match about $116,765 at 4% or $77,843 at 6%; with 100% employer match about $87,574 at 4% or $58,383 at 6%.
202219$204,059$69,740$7,749iApproximate average salary by contribution assumption: employee only about $193,722 at 4% or $129,148 at 6%; with 50% employer match about $129,148 at 4% or $86,099 at 6%; with 100% employer match about $96,861 at 4% or $64,574 at 6%.
Torrence Machine & Tool Co. Inc. Profit Sharing Plan-9$204,059$69,740$7,749iApproximate average salary by contribution assumption: employee only about $193,722 at 4% or $129,148 at 6%; with 50% employer match about $129,148 at 4% or $86,099 at 6%; with 100% employer match about $96,861 at 4% or $64,574 at 6%.
202117$170,362$15,606$2,229iApproximate average salary by contribution assumption: employee only about $55,736 at 4% or $37,157 at 6%; with 50% employer match about $37,157 at 4% or $24,771 at 6%; with 100% employer match about $27,868 at 4% or $18,579 at 6%.
Torrence Machine & Tool Co. Inc. Profit Sharing Plan-7$170,362$15,606$2,229iApproximate average salary by contribution assumption: employee only about $55,736 at 4% or $37,157 at 6%; with 50% employer match about $37,157 at 4% or $24,771 at 6%; with 100% employer match about $27,868 at 4% or $18,579 at 6%.
202014$154,474$0-
Torrence Machine & Tool Co. Inc. Profit Sharing Plan-4$154,474--
201914$111,421$0-
Torrence Machine & Tool Co. Inc. Profit Sharing Plan-4$111,421--
201814$96,865$0-
Torrence Machine & Tool Co. Inc. Profit Sharing Plan-4$96,865--
201715$263,978$0-
Torrence Machine & Tool Co. Inc. Profit Sharing Plan-5$263,978--
201616$310,687$0-
Torrence Machine & Tool Co. Inc. Profit Sharing Plan-6$310,687--
201517$327,497$0-
Torrence Machine & Tool Co. Inc. Profit Sharing Plan-7$327,497--
201418$512,678$0-
Torrence Machine & Tool Co. Inc. Profit Sharing Plan-8$512,678--
2013110$543,528$0-
Torrence Machine & Tool Co. Inc. Profit Sharing Plan-10$543,528--
2012110$454,603$30,000$3,000iApproximate average salary by contribution assumption: employee only about $75,000 at 4% or $50,000 at 6%; with 50% employer match about $50,000 at 4% or $33,333 at 6%; with 100% employer match about $37,500 at 4% or $25,000 at 6%.
Torrence Machine & Tool Co. Inc. Profit Sharing Plan-10$454,603$30,000$3,000iApproximate average salary by contribution assumption: employee only about $75,000 at 4% or $50,000 at 6%; with 50% employer match about $50,000 at 4% or $33,333 at 6%; with 100% employer match about $37,500 at 4% or $25,000 at 6%.
2011110$398,152$30,000$3,000iApproximate average salary by contribution assumption: employee only about $75,000 at 4% or $50,000 at 6%; with 50% employer match about $50,000 at 4% or $33,333 at 6%; with 100% employer match about $37,500 at 4% or $25,000 at 6%.
Torrence Machine & Tool Co. Inc. Profit Sharing Plan-10$398,152$30,000$3,000iApproximate average salary by contribution assumption: employee only about $75,000 at 4% or $50,000 at 6%; with 50% employer match about $50,000 at 4% or $33,333 at 6%; with 100% employer match about $37,500 at 4% or $25,000 at 6%.
2010110$385,959$30,000$3,000iApproximate average salary by contribution assumption: employee only about $75,000 at 4% or $50,000 at 6%; with 50% employer match about $50,000 at 4% or $33,333 at 6%; with 100% employer match about $37,500 at 4% or $25,000 at 6%.
Torrence Machine & Tool Co. Inc. Profit Sharing Plan-10$385,959$30,000$3,000iApproximate average salary by contribution assumption: employee only about $75,000 at 4% or $50,000 at 6%; with 50% employer match about $50,000 at 4% or $33,333 at 6%; with 100% employer match about $37,500 at 4% or $25,000 at 6%.
2009110$287,529$30,000$3,000iApproximate average salary by contribution assumption: employee only about $75,000 at 4% or $50,000 at 6%; with 50% employer match about $50,000 at 4% or $33,333 at 6%; with 100% employer match about $37,500 at 4% or $25,000 at 6%.
Torrence Machine & Tool Co. Inc. Profit Sharing Plan-10$287,529$30,000$3,000iApproximate average salary by contribution assumption: employee only about $75,000 at 4% or $50,000 at 6%; with 50% employer match about $50,000 at 4% or $33,333 at 6%; with 100% employer match about $37,500 at 4% or $25,000 at 6%.
2007111$0$0-
Torrence Machine & Tool Co. Inc. Profit Sharing Plan-11---
2004110$193,635$30,000$3,000iApproximate average salary by contribution assumption: employee only about $75,000 at 4% or $50,000 at 6%; with 50% employer match about $50,000 at 4% or $33,333 at 6%; with 100% employer match about $37,500 at 4% or $25,000 at 6%.
Torrence Machine & Tool Co. Inc. Profit Sharing Plan-10$193,635$30,000$3,000iApproximate average salary by contribution assumption: employee only about $75,000 at 4% or $50,000 at 6%; with 50% employer match about $50,000 at 4% or $33,333 at 6%; with 100% employer match about $37,500 at 4% or $25,000 at 6%.
2003110$0$0-
Torrence Machine & Tool Co. Inc. Profit Sharing Plan-10---
2002110$115,681$30,000$3,000iApproximate average salary by contribution assumption: employee only about $75,000 at 4% or $50,000 at 6%; with 50% employer match about $50,000 at 4% or $33,333 at 6%; with 100% employer match about $37,500 at 4% or $25,000 at 6%.
Torrence Machine & Tool Co. Inc. Profit Sharing Plan-10$115,681$30,000$3,000iApproximate average salary by contribution assumption: employee only about $75,000 at 4% or $50,000 at 6%; with 50% employer match about $50,000 at 4% or $33,333 at 6%; with 100% employer match about $37,500 at 4% or $25,000 at 6%.
200119$0$0-
Torrence Machine & Tool Co. Inc. Profit Sharing Plan-9---
200019$0$0-
Torrence Machine & Tool Co. Inc. Profit Sharing Plan-9---
199919$66,320$30,000$3,333iApproximate average salary by contribution assumption: employee only about $83,333 at 4% or $55,556 at 6%; with 50% employer match about $55,556 at 4% or $37,037 at 6%; with 100% employer match about $41,667 at 4% or $27,778 at 6%.
Torrence Machine & Tool Co. Inc. Profit Sharing Plan-9$66,320$30,000$3,333iApproximate average salary by contribution assumption: employee only about $83,333 at 4% or $55,556 at 6%; with 50% employer match about $55,556 at 4% or $37,037 at 6%; with 100% employer match about $41,667 at 4% or $27,778 at 6%.