Civic Intelligence

Towne Machine & Tool Co. Inc.

Plan context: Towne Machine & Tool Co. Inc. 401(K) Plan

EIN 37-0711848 • Danville, IL • 26 filings • 4 plans

1009 Lynch RoadDanville, IL 61834
Current Snapshot

Latest Year

2024

2024 Participants

16

2024 Assets

$2,909,180

2024 Contributions

$93,608

Historical Graphs

Total Assets Over Time

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

$3,063,542$1,531,771$0199920122024YearValue
$2,909,180Latest year 2024

Participants Over Time

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

25130199920122024YearValue
16Latest 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
2024116$2,909,180$93,608$5,851iApproximate average salary by contribution assumption: employee only about $146,263 at 4% or $97,508 at 6%; with 50% employer match about $97,508 at 4% or $65,006 at 6%; with 100% employer match about $73,131 at 4% or $48,754 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-16$2,909,180$93,608$5,851iApproximate average salary by contribution assumption: employee only about $146,263 at 4% or $97,508 at 6%; with 50% employer match about $97,508 at 4% or $65,006 at 6%; with 100% employer match about $73,131 at 4% or $48,754 at 6%.
2023119$2,700,554$109,288$5,752iApproximate average salary by contribution assumption: employee only about $143,800 at 4% or $95,867 at 6%; with 50% employer match about $95,867 at 4% or $63,911 at 6%; with 100% employer match about $71,900 at 4% or $47,933 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-19$2,700,554$109,288$5,752iApproximate average salary by contribution assumption: employee only about $143,800 at 4% or $95,867 at 6%; with 50% employer match about $95,867 at 4% or $63,911 at 6%; with 100% employer match about $71,900 at 4% or $47,933 at 6%.
2022122$2,456,008$75,891$3,450iApproximate average salary by contribution assumption: employee only about $86,240 at 4% or $57,493 at 6%; with 50% employer match about $57,493 at 4% or $38,329 at 6%; with 100% employer match about $43,120 at 4% or $28,747 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-22$2,456,008$75,891$3,450iApproximate average salary by contribution assumption: employee only about $86,240 at 4% or $57,493 at 6%; with 50% employer match about $57,493 at 4% or $38,329 at 6%; with 100% employer match about $43,120 at 4% or $28,747 at 6%.
2021121$3,063,542$117,614$5,601iApproximate average salary by contribution assumption: employee only about $140,017 at 4% or $93,344 at 6%; with 50% employer match about $93,344 at 4% or $62,230 at 6%; with 100% employer match about $70,008 at 4% or $46,672 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-21$3,063,542$117,614$5,601iApproximate average salary by contribution assumption: employee only about $140,017 at 4% or $93,344 at 6%; with 50% employer match about $93,344 at 4% or $62,230 at 6%; with 100% employer match about $70,008 at 4% or $46,672 at 6%.
2020119$2,679,075$109,952$5,787iApproximate average salary by contribution assumption: employee only about $144,674 at 4% or $96,449 at 6%; with 50% employer match about $96,449 at 4% or $64,299 at 6%; with 100% employer match about $72,337 at 4% or $48,225 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-19$2,679,075$109,952$5,787iApproximate average salary by contribution assumption: employee only about $144,674 at 4% or $96,449 at 6%; with 50% employer match about $96,449 at 4% or $64,299 at 6%; with 100% employer match about $72,337 at 4% or $48,225 at 6%.
2019115$2,335,214$104,310$6,954iApproximate average salary by contribution assumption: employee only about $173,850 at 4% or $115,900 at 6%; with 50% employer match about $115,900 at 4% or $77,267 at 6%; with 100% employer match about $86,925 at 4% or $57,950 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-15$2,335,214$104,310$6,954iApproximate average salary by contribution assumption: employee only about $173,850 at 4% or $115,900 at 6%; with 50% employer match about $115,900 at 4% or $77,267 at 6%; with 100% employer match about $86,925 at 4% or $57,950 at 6%.
2018115$1,980,061$120,732$8,049iApproximate average salary by contribution assumption: employee only about $201,220 at 4% or $134,147 at 6%; with 50% employer match about $134,147 at 4% or $89,431 at 6%; with 100% employer match about $100,610 at 4% or $67,073 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-15$1,980,061$120,732$8,049iApproximate average salary by contribution assumption: employee only about $201,220 at 4% or $134,147 at 6%; with 50% employer match about $134,147 at 4% or $89,431 at 6%; with 100% employer match about $100,610 at 4% or $67,073 at 6%.
2017117$2,010,728$130,537$7,679iApproximate average salary by contribution assumption: employee only about $191,966 at 4% or $127,977 at 6%; with 50% employer match about $127,977 at 4% or $85,318 at 6%; with 100% employer match about $95,983 at 4% or $63,989 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-17$2,010,728$130,537$7,679iApproximate average salary by contribution assumption: employee only about $191,966 at 4% or $127,977 at 6%; with 50% employer match about $127,977 at 4% or $85,318 at 6%; with 100% employer match about $95,983 at 4% or $63,989 at 6%.
2016118$1,949,392$160,791$8,933iApproximate average salary by contribution assumption: employee only about $223,321 at 4% or $148,881 at 6%; with 50% employer match about $148,881 at 4% or $99,254 at 6%; with 100% employer match about $111,660 at 4% or $74,440 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-18$1,949,392$160,791$8,933iApproximate average salary by contribution assumption: employee only about $223,321 at 4% or $148,881 at 6%; with 50% employer match about $148,881 at 4% or $99,254 at 6%; with 100% employer match about $111,660 at 4% or $74,440 at 6%.
2015117$1,664,886$117,466$6,910iApproximate average salary by contribution assumption: employee only about $172,744 at 4% or $115,163 at 6%; with 50% employer match about $115,163 at 4% or $76,775 at 6%; with 100% employer match about $86,372 at 4% or $57,581 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-17$1,664,886$117,466$6,910iApproximate average salary by contribution assumption: employee only about $172,744 at 4% or $115,163 at 6%; with 50% employer match about $115,163 at 4% or $76,775 at 6%; with 100% employer match about $86,372 at 4% or $57,581 at 6%.
2014113$1,548,433$100,557$7,735iApproximate average salary by contribution assumption: employee only about $193,379 at 4% or $128,919 at 6%; with 50% employer match about $128,919 at 4% or $85,946 at 6%; with 100% employer match about $96,689 at 4% or $64,460 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-13$1,548,433$100,557$7,735iApproximate average salary by contribution assumption: employee only about $193,379 at 4% or $128,919 at 6%; with 50% employer match about $128,919 at 4% or $85,946 at 6%; with 100% employer match about $96,689 at 4% or $64,460 at 6%.
2013116$1,608,504$108,294$6,768iApproximate average salary by contribution assumption: employee only about $169,209 at 4% or $112,806 at 6%; with 50% employer match about $112,806 at 4% or $75,204 at 6%; with 100% employer match about $84,605 at 4% or $56,403 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-16$1,608,504$108,294$6,768iApproximate average salary by contribution assumption: employee only about $169,209 at 4% or $112,806 at 6%; with 50% employer match about $112,806 at 4% or $75,204 at 6%; with 100% employer match about $84,605 at 4% or $56,403 at 6%.
2012115$1,482,574$101,362$6,757iApproximate average salary by contribution assumption: employee only about $168,937 at 4% or $112,624 at 6%; with 50% employer match about $112,624 at 4% or $75,083 at 6%; with 100% employer match about $84,468 at 4% or $56,312 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-15$1,482,574$101,362$6,757iApproximate average salary by contribution assumption: employee only about $168,937 at 4% or $112,624 at 6%; with 50% employer match about $112,624 at 4% or $75,083 at 6%; with 100% employer match about $84,468 at 4% or $56,312 at 6%.
2011115$1,281,067$100,676$6,712iApproximate average salary by contribution assumption: employee only about $167,793 at 4% or $111,862 at 6%; with 50% employer match about $111,862 at 4% or $74,575 at 6%; with 100% employer match about $83,897 at 4% or $55,931 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-15$1,281,067$100,676$6,712iApproximate average salary by contribution assumption: employee only about $167,793 at 4% or $111,862 at 6%; with 50% employer match about $111,862 at 4% or $74,575 at 6%; with 100% employer match about $83,897 at 4% or $55,931 at 6%.
2010115$1,215,749$86,036$5,736iApproximate average salary by contribution assumption: employee only about $143,393 at 4% or $95,596 at 6%; with 50% employer match about $95,596 at 4% or $63,730 at 6%; with 100% employer match about $71,697 at 4% or $47,798 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-15$1,215,749$86,036$5,736iApproximate average salary by contribution assumption: employee only about $143,393 at 4% or $95,596 at 6%; with 50% employer match about $95,596 at 4% or $63,730 at 6%; with 100% employer match about $71,697 at 4% or $47,798 at 6%.
2009117$1,110,314$63,872$3,757iApproximate average salary by contribution assumption: employee only about $93,929 at 4% or $62,620 at 6%; with 50% employer match about $62,620 at 4% or $41,746 at 6%; with 100% employer match about $46,965 at 4% or $31,310 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-17$1,110,314$63,872$3,757iApproximate average salary by contribution assumption: employee only about $93,929 at 4% or $62,620 at 6%; with 50% employer match about $62,620 at 4% or $41,746 at 6%; with 100% employer match about $46,965 at 4% or $31,310 at 6%.
2008118$898,861$113,200$6,289iApproximate average salary by contribution assumption: employee only about $157,222 at 4% or $104,815 at 6%; with 50% employer match about $104,815 at 4% or $69,877 at 6%; with 100% employer match about $78,611 at 4% or $52,407 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-18$898,861$113,200$6,289iApproximate average salary by contribution assumption: employee only about $157,222 at 4% or $104,815 at 6%; with 50% employer match about $104,815 at 4% or $69,877 at 6%; with 100% employer match about $78,611 at 4% or $52,407 at 6%.
2007119$1,741,206$80,816$4,253iApproximate average salary by contribution assumption: employee only about $106,337 at 4% or $70,891 at 6%; with 50% employer match about $70,891 at 4% or $47,261 at 6%; with 100% employer match about $53,168 at 4% or $35,446 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-19$1,741,206$80,816$4,253iApproximate average salary by contribution assumption: employee only about $106,337 at 4% or $70,891 at 6%; with 50% employer match about $70,891 at 4% or $47,261 at 6%; with 100% employer match about $53,168 at 4% or $35,446 at 6%.
2006120$1,650,372$120,431$6,022iApproximate average salary by contribution assumption: employee only about $150,539 at 4% or $100,359 at 6%; with 50% employer match about $100,359 at 4% or $66,906 at 6%; with 100% employer match about $75,269 at 4% or $50,180 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-20$1,650,372$120,431$6,022iApproximate average salary by contribution assumption: employee only about $150,539 at 4% or $100,359 at 6%; with 50% employer match about $100,359 at 4% or $66,906 at 6%; with 100% employer match about $75,269 at 4% or $50,180 at 6%.
2005119$1,453,189$61,736$3,249iApproximate average salary by contribution assumption: employee only about $81,232 at 4% or $54,154 at 6%; with 50% employer match about $54,154 at 4% or $36,103 at 6%; with 100% employer match about $40,616 at 4% or $27,077 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-19$1,453,189$61,736$3,249iApproximate average salary by contribution assumption: employee only about $81,232 at 4% or $54,154 at 6%; with 50% employer match about $54,154 at 4% or $36,103 at 6%; with 100% employer match about $40,616 at 4% or $27,077 at 6%.
2004120$1,393,269$17,500$875iApproximate average salary by contribution assumption: employee only about $21,875 at 4% or $14,583 at 6%; with 50% employer match about $14,583 at 4% or $9,722 at 6%; with 100% employer match about $10,938 at 4% or $7,292 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-20$1,393,269$17,500$875iApproximate average salary by contribution assumption: employee only about $21,875 at 4% or $14,583 at 6%; with 50% employer match about $14,583 at 4% or $9,722 at 6%; with 100% employer match about $10,938 at 4% or $7,292 at 6%.
2003120$1,603,559$17,500$875iApproximate average salary by contribution assumption: employee only about $21,875 at 4% or $14,583 at 6%; with 50% employer match about $14,583 at 4% or $9,722 at 6%; with 100% employer match about $10,938 at 4% or $7,292 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-20$1,603,559$17,500$875iApproximate average salary by contribution assumption: employee only about $21,875 at 4% or $14,583 at 6%; with 50% employer match about $14,583 at 4% or $9,722 at 6%; with 100% employer match about $10,938 at 4% or $7,292 at 6%.
2002124$1,447,576$20,000$833iApproximate average salary by contribution assumption: employee only about $20,833 at 4% or $13,889 at 6%; with 50% employer match about $13,889 at 4% or $9,259 at 6%; with 100% employer match about $10,417 at 4% or $6,944 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-24$1,447,576$20,000$833iApproximate average salary by contribution assumption: employee only about $20,833 at 4% or $13,889 at 6%; with 50% employer match about $13,889 at 4% or $9,259 at 6%; with 100% employer match about $10,417 at 4% or $6,944 at 6%.
2001124$0$0-
Towne Machine & Tool Co. Inc. 401(K) Plan-24---
2000125$2,362,679$65,000$2,600iApproximate average salary by contribution assumption: employee only about $65,000 at 4% or $43,333 at 6%; with 50% employer match about $43,333 at 4% or $28,889 at 6%; with 100% employer match about $32,500 at 4% or $21,667 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-25$2,362,679$65,000$2,600iApproximate average salary by contribution assumption: employee only about $65,000 at 4% or $43,333 at 6%; with 50% employer match about $43,333 at 4% or $28,889 at 6%; with 100% employer match about $32,500 at 4% or $21,667 at 6%.
1999125$2,813,555$65,000$2,600iApproximate average salary by contribution assumption: employee only about $65,000 at 4% or $43,333 at 6%; with 50% employer match about $43,333 at 4% or $28,889 at 6%; with 100% employer match about $32,500 at 4% or $21,667 at 6%.
Towne Machine & Tool Co. Inc. 401(K) Plan-25$2,813,555$65,000$2,600iApproximate average salary by contribution assumption: employee only about $65,000 at 4% or $43,333 at 6%; with 50% employer match about $43,333 at 4% or $28,889 at 6%; with 100% employer match about $32,500 at 4% or $21,667 at 6%.