Civic Intelligence

Galin Industries Inc

Plan context: Galin Industries Inc Employees Profit Sharing Plan & Trust

EIN 36-3425453 • Hinsdale, IL • 16 filings • 3 plans

431 S. Garfield StreetHinsdale, IL 60521
Current Snapshot

Latest Year

2023

2023 Participants

2

2023 Assets

$1,904,610

2023 Contributions

$35,597

Historical Graphs

Total Assets Over Time

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

$1,904,610$952,305$0199920072022YearValue
$1,904,610Latest year 2022

Participants Over Time

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

210199920062022YearValue
2Latest 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
202310$0$0-
Galin Industries Inc Employees Profit Sharing Plan & Trust-0$0$0-
202212$1,904,610$0-
Galin Industries Inc Employees Profit Sharing Plan & Trust-2$1,904,610$0-
201212$917,679$35,597$17,799iApproximate average salary by contribution assumption: employee only about $444,963 at 4% or $296,642 at 6%; with 50% employer match about $296,642 at 4% or $197,761 at 6%; with 100% employer match about $222,481 at 4% or $148,321 at 6%.
Galin Industries Inc Employees Profit Sharing Plan & Trust-2$917,679$35,597$17,799iApproximate average salary by contribution assumption: employee only about $444,963 at 4% or $296,642 at 6%; with 50% employer match about $296,642 at 4% or $197,761 at 6%; with 100% employer match about $222,481 at 4% or $148,321 at 6%.
201112$822,920$33,726$16,863iApproximate average salary by contribution assumption: employee only about $421,575 at 4% or $281,050 at 6%; with 50% employer match about $281,050 at 4% or $187,367 at 6%; with 100% employer match about $210,788 at 4% or $140,525 at 6%.
Galin Industries Inc Employees Profit Sharing Plan & Trust-2$822,920$33,726$16,863iApproximate average salary by contribution assumption: employee only about $421,575 at 4% or $281,050 at 6%; with 50% employer match about $281,050 at 4% or $187,367 at 6%; with 100% employer match about $210,788 at 4% or $140,525 at 6%.
201012$857,781$33,001$16,501iApproximate average salary by contribution assumption: employee only about $412,513 at 4% or $275,008 at 6%; with 50% employer match about $275,008 at 4% or $183,339 at 6%; with 100% employer match about $206,256 at 4% or $137,504 at 6%.
Galin Industries Inc Employees Profit Sharing Plan & Trust-2$857,781$33,001$16,501iApproximate average salary by contribution assumption: employee only about $412,513 at 4% or $275,008 at 6%; with 50% employer match about $275,008 at 4% or $183,339 at 6%; with 100% employer match about $206,256 at 4% or $137,504 at 6%.
200912$801,088$9,209$4,605iApproximate average salary by contribution assumption: employee only about $115,113 at 4% or $76,742 at 6%; with 50% employer match about $76,742 at 4% or $51,161 at 6%; with 100% employer match about $57,556 at 4% or $38,371 at 6%.
Galin Industries Inc Employees Profit Sharing Plan & Trust-2$801,088$9,209$4,605iApproximate average salary by contribution assumption: employee only about $115,113 at 4% or $76,742 at 6%; with 50% employer match about $76,742 at 4% or $51,161 at 6%; with 100% employer match about $57,556 at 4% or $38,371 at 6%.
200812$700,343$36,742$18,371iApproximate average salary by contribution assumption: employee only about $459,275 at 4% or $306,183 at 6%; with 50% employer match about $306,183 at 4% or $204,122 at 6%; with 100% employer match about $229,638 at 4% or $153,092 at 6%.
Galin Industries Inc Employees Profit Sharing Plan & Trust-2$700,343$36,742$18,371iApproximate average salary by contribution assumption: employee only about $459,275 at 4% or $306,183 at 6%; with 50% employer match about $306,183 at 4% or $204,122 at 6%; with 100% employer match about $229,638 at 4% or $153,092 at 6%.
200712$896,876$803,494$401,747iApproximate average salary by contribution assumption: employee only about $10,043,675 at 4% or $6,695,783 at 6%; with 50% employer match about $6,695,783 at 4% or $4,463,856 at 6%; with 100% employer match about $5,021,838 at 4% or $3,347,892 at 6%.
Galin Industries Inc Employees Profit Sharing Plan & Trust-2$896,876$803,494$401,747iApproximate average salary by contribution assumption: employee only about $10,043,675 at 4% or $6,695,783 at 6%; with 50% employer match about $6,695,783 at 4% or $4,463,856 at 6%; with 100% employer match about $5,021,838 at 4% or $3,347,892 at 6%.
200611$657,201$20,000$20,000iApproximate average salary by contribution assumption: employee only about $500,000 at 4% or $333,333 at 6%; with 50% employer match about $333,333 at 4% or $222,222 at 6%; with 100% employer match about $250,000 at 4% or $166,667 at 6%.
Galin Industries Inc Employees Profit Sharing Plan & Trust-1$657,201$20,000$20,000iApproximate average salary by contribution assumption: employee only about $500,000 at 4% or $333,333 at 6%; with 50% employer match about $333,333 at 4% or $222,222 at 6%; with 100% employer match about $250,000 at 4% or $166,667 at 6%.
200512$619,051$26,209$13,105iApproximate average salary by contribution assumption: employee only about $327,613 at 4% or $218,408 at 6%; with 50% employer match about $218,408 at 4% or $145,606 at 6%; with 100% employer match about $163,806 at 4% or $109,204 at 6%.
Galin Industries Inc Employees Profit Sharing Plan & Trust-2$619,051$26,209$13,105iApproximate average salary by contribution assumption: employee only about $327,613 at 4% or $218,408 at 6%; with 50% employer match about $218,408 at 4% or $145,606 at 6%; with 100% employer match about $163,806 at 4% or $109,204 at 6%.
200412$577,900$21,625$10,813iApproximate average salary by contribution assumption: employee only about $270,313 at 4% or $180,208 at 6%; with 50% employer match about $180,208 at 4% or $120,139 at 6%; with 100% employer match about $135,156 at 4% or $90,104 at 6%.
Galin Industries Inc Employees Profit Sharing Plan & Trust-2$577,900$21,625$10,813iApproximate average salary by contribution assumption: employee only about $270,313 at 4% or $180,208 at 6%; with 50% employer match about $180,208 at 4% or $120,139 at 6%; with 100% employer match about $135,156 at 4% or $90,104 at 6%.
200312$530,616$11,700$5,850iApproximate average salary by contribution assumption: employee only about $146,250 at 4% or $97,500 at 6%; with 50% employer match about $97,500 at 4% or $65,000 at 6%; with 100% employer match about $73,125 at 4% or $48,750 at 6%.
Galin Industries Inc Employees Profit Sharing Plan & Trust-2$530,616$11,700$5,850iApproximate average salary by contribution assumption: employee only about $146,250 at 4% or $97,500 at 6%; with 50% employer match about $97,500 at 4% or $65,000 at 6%; with 100% employer match about $73,125 at 4% or $48,750 at 6%.
200212$448,482$0-
Galin Industries Inc Employees Profit Sharing Plan & Trust-2$448,482--
200112$0$0-
Galin Industries Inc Employees Profit Sharing Plan & Trust-2---
200011$548,744$0-
Galin Industries Inc Employees Profit Sharing Plan & Trust-1$548,744--
199911$562,537$0-
Galin Industries Inc Employees Profit Sharing Plan & Trust-1$562,537--