Civic Intelligence

Elastec Inc. DBA Elastec American Marine

Plan context: Elastec Inc. 401(K) Retirement Plan

EIN 37-1264086 • Carmi, IL • 15 filings • 2 plans

1309 W Main StCarmi, IL 62821-1389
Current Snapshot

Latest Year

2024

2024 Participants

91

2024 Assets

$7,649,469

2024 Contributions

$1,296,478

Historical Graphs

Total Assets Over Time

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

$7,649,469$3,824,735$0201220182024YearValue
$7,649,469Latest year 2024

Participants Over Time

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

120600201220182024YearValue
91Latest 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
2024291$7,649,469$1,296,478$14,247iApproximate average salary by contribution assumption: employee only about $356,175 at 4% or $237,450 at 6%; with 50% employer match about $237,450 at 4% or $158,300 at 6%; with 100% employer match about $178,088 at 4% or $118,725 at 6%.
Elastec Inc. 401(K) Retirement Plan-91$5,021,469$617,857$6,790iApproximate average salary by contribution assumption: employee only about $169,741 at 4% or $113,161 at 6%; with 50% employer match about $113,161 at 4% or $75,440 at 6%; with 100% employer match about $84,870 at 4% or $56,580 at 6%.
Elastec Inc. Employee Stock Ownership Plan-88$2,628,000$678,621$7,712iApproximate average salary by contribution assumption: employee only about $192,790 at 4% or $128,527 at 6%; with 50% employer match about $128,527 at 4% or $85,684 at 6%; with 100% employer match about $96,395 at 4% or $64,263 at 6%.
2023288$5,852,014$526,919$5,988iApproximate average salary by contribution assumption: employee only about $149,693 at 4% or $99,795 at 6%; with 50% employer match about $99,795 at 4% or $66,530 at 6%; with 100% employer match about $74,846 at 4% or $49,898 at 6%.
Elastec Inc. 401(K) Retirement Plan-88$4,142,793$526,919$5,988iApproximate average salary by contribution assumption: employee only about $149,693 at 4% or $99,795 at 6%; with 50% employer match about $99,795 at 4% or $66,530 at 6%; with 100% employer match about $74,846 at 4% or $49,898 at 6%.
Elastec Inc. Employee Stock Ownership Plan-85$1,709,221--
20221111$3,572,564$421,199$3,795iApproximate average salary by contribution assumption: employee only about $94,865 at 4% or $63,243 at 6%; with 50% employer match about $63,243 at 4% or $42,162 at 6%; with 100% employer match about $47,432 at 4% or $31,622 at 6%.
Elastec Inc. 401(K) Retirement Plan-111$3,572,564$421,199$3,795iApproximate average salary by contribution assumption: employee only about $94,865 at 4% or $63,243 at 6%; with 50% employer match about $63,243 at 4% or $42,162 at 6%; with 100% employer match about $47,432 at 4% or $31,622 at 6%.
2021196$4,040,350$337,922$3,520iApproximate average salary by contribution assumption: employee only about $88,001 at 4% or $58,667 at 6%; with 50% employer match about $58,667 at 4% or $39,111 at 6%; with 100% employer match about $44,000 at 4% or $29,334 at 6%.
Elastec Inc. 401(K) Retirement Plan-96$4,040,350$337,922$3,520iApproximate average salary by contribution assumption: employee only about $88,001 at 4% or $58,667 at 6%; with 50% employer match about $58,667 at 4% or $39,111 at 6%; with 100% employer match about $44,000 at 4% or $29,334 at 6%.
20201105$4,198,726$334,724$3,188iApproximate average salary by contribution assumption: employee only about $79,696 at 4% or $53,131 at 6%; with 50% employer match about $53,131 at 4% or $35,421 at 6%; with 100% employer match about $39,848 at 4% or $26,565 at 6%.
Elastec Inc. 401(K) Retirement Plan-105$4,198,726$334,724$3,188iApproximate average salary by contribution assumption: employee only about $79,696 at 4% or $53,131 at 6%; with 50% employer match about $53,131 at 4% or $35,421 at 6%; with 100% employer match about $39,848 at 4% or $26,565 at 6%.
20191118$3,867,220$367,820$3,117iApproximate average salary by contribution assumption: employee only about $77,928 at 4% or $51,952 at 6%; with 50% employer match about $51,952 at 4% or $34,635 at 6%; with 100% employer match about $38,964 at 4% or $25,976 at 6%.
Elastec Inc. 401(K) Retirement Plan-118$3,867,220$367,820$3,117iApproximate average salary by contribution assumption: employee only about $77,928 at 4% or $51,952 at 6%; with 50% employer match about $51,952 at 4% or $34,635 at 6%; with 100% employer match about $38,964 at 4% or $25,976 at 6%.
20181100$3,096,805$455,138$4,551iApproximate average salary by contribution assumption: employee only about $113,785 at 4% or $75,856 at 6%; with 50% employer match about $75,856 at 4% or $50,571 at 6%; with 100% employer match about $56,892 at 4% or $37,928 at 6%.
Elastec Inc. 401(K) Retirement Plan-100$3,096,805$455,138$4,551iApproximate average salary by contribution assumption: employee only about $113,785 at 4% or $75,856 at 6%; with 50% employer match about $75,856 at 4% or $50,571 at 6%; with 100% employer match about $56,892 at 4% or $37,928 at 6%.
20171106$2,959,846$330,066$3,114iApproximate average salary by contribution assumption: employee only about $77,846 at 4% or $51,897 at 6%; with 50% employer match about $51,897 at 4% or $34,598 at 6%; with 100% employer match about $38,923 at 4% or $25,949 at 6%.
Elastec Inc. 401(K) Retirement Plan-106$2,959,846$330,066$3,114iApproximate average salary by contribution assumption: employee only about $77,846 at 4% or $51,897 at 6%; with 50% employer match about $51,897 at 4% or $34,598 at 6%; with 100% employer match about $38,923 at 4% or $25,949 at 6%.
20161105$2,448,987$356,049$3,391iApproximate average salary by contribution assumption: employee only about $84,774 at 4% or $56,516 at 6%; with 50% employer match about $56,516 at 4% or $37,677 at 6%; with 100% employer match about $42,387 at 4% or $28,258 at 6%.
Elastec Inc. 401(K) Retirement Plan-105$2,448,987$356,049$3,391iApproximate average salary by contribution assumption: employee only about $84,774 at 4% or $56,516 at 6%; with 50% employer match about $56,516 at 4% or $37,677 at 6%; with 100% employer match about $42,387 at 4% or $28,258 at 6%.
20151112$2,397,982$435,374$3,887iApproximate average salary by contribution assumption: employee only about $97,182 at 4% or $64,788 at 6%; with 50% employer match about $64,788 at 4% or $43,192 at 6%; with 100% employer match about $48,591 at 4% or $32,394 at 6%.
Elastec Inc. 401(K) Retirement Plan-112$2,397,982$435,374$3,887iApproximate average salary by contribution assumption: employee only about $97,182 at 4% or $64,788 at 6%; with 50% employer match about $64,788 at 4% or $43,192 at 6%; with 100% employer match about $48,591 at 4% or $32,394 at 6%.
20141120$2,079,806$388,384$3,237iApproximate average salary by contribution assumption: employee only about $80,913 at 4% or $53,942 at 6%; with 50% employer match about $53,942 at 4% or $35,961 at 6%; with 100% employer match about $40,457 at 4% or $26,971 at 6%.
Elastec Inc. 401(K) Retirement Plan-120$2,079,806$388,384$3,237iApproximate average salary by contribution assumption: employee only about $80,913 at 4% or $53,942 at 6%; with 50% employer match about $53,942 at 4% or $35,961 at 6%; with 100% employer match about $40,457 at 4% or $26,971 at 6%.
2013172$1,658,316$383,991$5,333iApproximate average salary by contribution assumption: employee only about $133,330 at 4% or $88,887 at 6%; with 50% employer match about $88,887 at 4% or $59,258 at 6%; with 100% employer match about $66,665 at 4% or $44,443 at 6%.
Elastec Inc. 401(K) Retirement Plan-72$1,658,316$383,991$5,333iApproximate average salary by contribution assumption: employee only about $133,330 at 4% or $88,887 at 6%; with 50% employer match about $88,887 at 4% or $59,258 at 6%; with 100% employer match about $66,665 at 4% or $44,443 at 6%.
2012162$1,090,234$1,309,299$21,118iApproximate average salary by contribution assumption: employee only about $527,943 at 4% or $351,962 at 6%; with 50% employer match about $351,962 at 4% or $234,641 at 6%; with 100% employer match about $263,972 at 4% or $175,981 at 6%.
Elastec Inc. 401(K) Retirement Plan-62$1,090,234$1,309,299$21,118iApproximate average salary by contribution assumption: employee only about $527,943 at 4% or $351,962 at 6%; with 50% employer match about $351,962 at 4% or $234,641 at 6%; with 100% employer match about $263,972 at 4% or $175,981 at 6%.