Civic Intelligence

Alternative Bearings Corp

Plan context: Alternative Bearings Corp 401K Plan

EIN 36-4171504 • Schaumburg, IL • 12 filings • 1 plans

870 E Higgins RdSuite 143BSchaumburg, IL 60173
Current Snapshot

Latest Year

2024

2024 Participants

4

2024 Assets

$188,120

2024 Contributions

$805

Historical Graphs

Total Assets Over Time

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

$794,090$397,045$0201220182024YearValue
$188,120Latest year 2024

Participants Over Time

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

950201220182024YearValue
4Latest 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
202414$188,120$0-
Alternative Bearings Corp 401K Plan-4$188,120--
202214$146,751$0-
Alternative Bearings Corp 401K Plan-4$146,751--
202115$205,599$805$161iApproximate average salary by contribution assumption: employee only about $4,025 at 4% or $2,683 at 6%; with 50% employer match about $2,683 at 4% or $1,789 at 6%; with 100% employer match about $2,013 at 4% or $1,342 at 6%.
Alternative Bearings Corp 401K Plan-5$205,599$805$161iApproximate average salary by contribution assumption: employee only about $4,025 at 4% or $2,683 at 6%; with 50% employer match about $2,683 at 4% or $1,789 at 6%; with 100% employer match about $2,013 at 4% or $1,342 at 6%.
202018$194,691$26,339$3,292iApproximate average salary by contribution assumption: employee only about $82,309 at 4% or $54,873 at 6%; with 50% employer match about $54,873 at 4% or $36,582 at 6%; with 100% employer match about $41,155 at 4% or $27,436 at 6%.
Alternative Bearings Corp 401K Plan-8$194,691$26,339$3,292iApproximate average salary by contribution assumption: employee only about $82,309 at 4% or $54,873 at 6%; with 50% employer match about $54,873 at 4% or $36,582 at 6%; with 100% employer match about $41,155 at 4% or $27,436 at 6%.
201919$734,854$38,416$4,268iApproximate average salary by contribution assumption: employee only about $106,711 at 4% or $71,141 at 6%; with 50% employer match about $71,141 at 4% or $47,427 at 6%; with 100% employer match about $53,356 at 4% or $35,570 at 6%.
Alternative Bearings Corp 401K Plan-9$734,854$38,416$4,268iApproximate average salary by contribution assumption: employee only about $106,711 at 4% or $71,141 at 6%; with 50% employer match about $71,141 at 4% or $47,427 at 6%; with 100% employer match about $53,356 at 4% or $35,570 at 6%.
201818$593,129$58,180$7,273iApproximate average salary by contribution assumption: employee only about $181,813 at 4% or $121,208 at 6%; with 50% employer match about $121,208 at 4% or $80,806 at 6%; with 100% employer match about $90,906 at 4% or $60,604 at 6%.
Alternative Bearings Corp 401K Plan-8$593,129$58,180$7,273iApproximate average salary by contribution assumption: employee only about $181,813 at 4% or $121,208 at 6%; with 50% employer match about $121,208 at 4% or $80,806 at 6%; with 100% employer match about $90,906 at 4% or $60,604 at 6%.
201718$794,090$102,847$12,856iApproximate average salary by contribution assumption: employee only about $321,397 at 4% or $214,265 at 6%; with 50% employer match about $214,265 at 4% or $142,843 at 6%; with 100% employer match about $160,698 at 4% or $107,132 at 6%.
Alternative Bearings Corp 401K Plan-8$794,090$102,847$12,856iApproximate average salary by contribution assumption: employee only about $321,397 at 4% or $214,265 at 6%; with 50% employer match about $214,265 at 4% or $142,843 at 6%; with 100% employer match about $160,698 at 4% or $107,132 at 6%.
201618$597,619$81,060$10,133iApproximate average salary by contribution assumption: employee only about $253,313 at 4% or $168,875 at 6%; with 50% employer match about $168,875 at 4% or $112,583 at 6%; with 100% employer match about $126,656 at 4% or $84,438 at 6%.
Alternative Bearings Corp 401K Plan-8$597,619$81,060$10,133iApproximate average salary by contribution assumption: employee only about $253,313 at 4% or $168,875 at 6%; with 50% employer match about $168,875 at 4% or $112,583 at 6%; with 100% employer match about $126,656 at 4% or $84,438 at 6%.
201517$480,106$88,671$12,667iApproximate average salary by contribution assumption: employee only about $316,682 at 4% or $211,121 at 6%; with 50% employer match about $211,121 at 4% or $140,748 at 6%; with 100% employer match about $158,341 at 4% or $105,561 at 6%.
Alternative Bearings Corp 401K Plan-7$480,106$88,671$12,667iApproximate average salary by contribution assumption: employee only about $316,682 at 4% or $211,121 at 6%; with 50% employer match about $211,121 at 4% or $140,748 at 6%; with 100% employer match about $158,341 at 4% or $105,561 at 6%.
201417$397,597$156,676$22,382iApproximate average salary by contribution assumption: employee only about $559,557 at 4% or $373,038 at 6%; with 50% employer match about $373,038 at 4% or $248,692 at 6%; with 100% employer match about $279,779 at 4% or $186,519 at 6%.
Alternative Bearings Corp 401K Plan-7$397,597$156,676$22,382iApproximate average salary by contribution assumption: employee only about $559,557 at 4% or $373,038 at 6%; with 50% employer match about $373,038 at 4% or $248,692 at 6%; with 100% employer match about $279,779 at 4% or $186,519 at 6%.
201316$224,191$125,474$20,912iApproximate average salary by contribution assumption: employee only about $522,808 at 4% or $348,539 at 6%; with 50% employer match about $348,539 at 4% or $232,359 at 6%; with 100% employer match about $261,404 at 4% or $174,269 at 6%.
Alternative Bearings Corp 401K Plan-6$224,191$125,474$20,912iApproximate average salary by contribution assumption: employee only about $522,808 at 4% or $348,539 at 6%; with 50% employer match about $348,539 at 4% or $232,359 at 6%; with 100% employer match about $261,404 at 4% or $174,269 at 6%.
201216$72,663$69,123$11,521iApproximate average salary by contribution assumption: employee only about $288,013 at 4% or $192,008 at 6%; with 50% employer match about $192,008 at 4% or $128,006 at 6%; with 100% employer match about $144,006 at 4% or $96,004 at 6%.
Alternative Bearings Corp 401K Plan-6$72,663$69,123$11,521iApproximate average salary by contribution assumption: employee only about $288,013 at 4% or $192,008 at 6%; with 50% employer match about $192,008 at 4% or $128,006 at 6%; with 100% employer match about $144,006 at 4% or $96,004 at 6%.
Alternative Bearings Corp | EIN 36-4171504 | 2024 Form 5500 Company Profile