Civic Intelligence

Modern Machine Tool Company

Plan context: MODERN MACHINE TOOL COMPANY 401(K) PLAN

EIN 38-0844480 • Jackson, MI • 60 filings • 4 plans

2005 Losey AvenueJackson, MI 49203
Current Snapshot

Latest Year

2024

2024 Participants

27

2024 Assets

$7,730,606

2024 Contributions

$121,981

Historical Graphs

Total Assets Over Time

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

$8,946,672$4,473,336$0199920132024YearValue
$7,730,606Latest year 2024

Participants Over Time

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

29150199920122024YearValue
27Latest 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
2024327$7,730,606$121,981$4,518iApproximate average salary by contribution assumption: employee only about $112,945 at 4% or $75,297 at 6%; with 50% employer match about $75,297 at 4% or $50,198 at 6%; with 100% employer match about $56,473 at 4% or $37,648 at 6%.
MODERN MACHINE TOOL COMPANY 401(K) PLAN-27$4,272,149$121,981$4,518iApproximate average salary by contribution assumption: employee only about $112,945 at 4% or $75,297 at 6%; with 50% employer match about $75,297 at 4% or $50,198 at 6%; with 100% employer match about $56,473 at 4% or $37,648 at 6%.
Pension Plan for the Employees of Modern Machine Tool Company-10$2,104,429$0-
Pension Plan for the Hourly Employees of Modern Machine Tool Company-18$1,354,028$0-
2023327$6,655,749$111,755$4,139iApproximate average salary by contribution assumption: employee only about $103,477 at 4% or $68,985 at 6%; with 50% employer match about $68,985 at 4% or $45,990 at 6%; with 100% employer match about $51,738 at 4% or $34,492 at 6%.
MODERN MACHINE TOOL COMPANY 401(K) PLAN-27$3,588,981$111,755$4,139iApproximate average salary by contribution assumption: employee only about $103,477 at 4% or $68,985 at 6%; with 50% employer match about $68,985 at 4% or $45,990 at 6%; with 100% employer match about $51,738 at 4% or $34,492 at 6%.
Pension Plan for the Employees of Modern Machine Tool Company-10$1,870,809$0-
Pension Plan for the Hourly Employees of Modern Machine Tool Company-19$1,195,959$0-
2022327$5,726,027$124,509$4,611iApproximate average salary by contribution assumption: employee only about $115,286 at 4% or $76,857 at 6%; with 50% employer match about $76,857 at 4% or $51,238 at 6%; with 100% employer match about $57,643 at 4% or $38,429 at 6%.
MODERN MACHINE TOOL COMPANY 401(K) PLAN-27$2,944,089$124,509$4,611iApproximate average salary by contribution assumption: employee only about $115,286 at 4% or $76,857 at 6%; with 50% employer match about $76,857 at 4% or $51,238 at 6%; with 100% employer match about $57,643 at 4% or $38,429 at 6%.
Pension Plan for the Employees of Modern Machine Tool Company-11$1,646,018$0-
Pension Plan for the Hourly Employees of Modern Machine Tool Company-20$1,135,920$0-
2021327$8,946,672$132,698$4,915iApproximate average salary by contribution assumption: employee only about $122,869 at 4% or $81,912 at 6%; with 50% employer match about $81,912 at 4% or $54,608 at 6%; with 100% employer match about $61,434 at 4% or $40,956 at 6%.
Pension Plan for the Employees of Modern Machine Tool Company-11$3,923,243$0-
MODERN MACHINE TOOL COMPANY 401(K) PLAN-27$3,603,833$132,698$4,915iApproximate average salary by contribution assumption: employee only about $122,869 at 4% or $81,912 at 6%; with 50% employer match about $81,912 at 4% or $54,608 at 6%; with 100% employer match about $61,434 at 4% or $40,956 at 6%.
Pension Plan for the Hourly Employees of Modern Machine Tool Company-19$1,419,596$0-
2020329$8,026,410$111,311$3,838iApproximate average salary by contribution assumption: employee only about $95,958 at 4% or $63,972 at 6%; with 50% employer match about $63,972 at 4% or $42,648 at 6%; with 100% employer match about $47,979 at 4% or $31,986 at 6%.
Pension Plan for the Employees of Modern Machine Tool Company-11$3,391,730$0-
MODERN MACHINE TOOL COMPANY 401(K) PLAN-29$3,244,101$111,311$3,838iApproximate average salary by contribution assumption: employee only about $95,958 at 4% or $63,972 at 6%; with 50% employer match about $63,972 at 4% or $42,648 at 6%; with 100% employer match about $47,979 at 4% or $31,986 at 6%.
Pension Plan for the Hourly Employees of Modern Machine Tool Company-20$1,390,579$0-
2019329$7,499,186$130,120$4,487iApproximate average salary by contribution assumption: employee only about $112,172 at 4% or $74,782 at 6%; with 50% employer match about $74,782 at 4% or $49,854 at 6%; with 100% employer match about $56,086 at 4% or $37,391 at 6%.
MODERN MACHINE TOOL COMPANY 401(K) PLAN-29$3,394,084$130,120$4,487iApproximate average salary by contribution assumption: employee only about $112,172 at 4% or $74,782 at 6%; with 50% employer match about $74,782 at 4% or $49,854 at 6%; with 100% employer match about $56,086 at 4% or $37,391 at 6%.
Pension Plan for the Employees of Modern Machine Tool Company-11$2,863,556$0-
Pension Plan for the Hourly Employees of Modern Machine Tool Company-22$1,241,546$0-
2018326$6,917,678$172,060$6,618iApproximate average salary by contribution assumption: employee only about $165,442 at 4% or $110,295 at 6%; with 50% employer match about $110,295 at 4% or $73,530 at 6%; with 100% employer match about $82,721 at 4% or $55,147 at 6%.
MODERN MACHINE TOOL COMPANY 401(K) PLAN-26$3,366,940$172,060$6,618iApproximate average salary by contribution assumption: employee only about $165,442 at 4% or $110,295 at 6%; with 50% employer match about $110,295 at 4% or $73,530 at 6%; with 100% employer match about $82,721 at 4% or $55,147 at 6%.
Pension Plan for the Employees of Modern Machine Tool Company-12$2,491,874$0-
Pension Plan for the Hourly Employees of Modern Machine Tool Company-22$1,058,864$0-
2017327$7,733,352$184,732$6,842iApproximate average salary by contribution assumption: employee only about $171,048 at 4% or $114,032 at 6%; with 50% employer match about $114,032 at 4% or $76,021 at 6%; with 100% employer match about $85,524 at 4% or $57,016 at 6%.
MODERN MACHINE TOOL COMPANY 401(K) PLAN-27$3,861,246$184,732$6,842iApproximate average salary by contribution assumption: employee only about $171,048 at 4% or $114,032 at 6%; with 50% employer match about $114,032 at 4% or $76,021 at 6%; with 100% employer match about $85,524 at 4% or $57,016 at 6%.
Pension Plan for the Employees of Modern Machine Tool Company-13$2,711,081$0-
Pension Plan for the Hourly Employees of Modern Machine Tool Company-25$1,161,025$0-
2016326$6,840,474$167,756$6,452iApproximate average salary by contribution assumption: employee only about $161,304 at 4% or $107,536 at 6%; with 50% employer match about $107,536 at 4% or $71,691 at 6%; with 100% employer match about $80,652 at 4% or $53,768 at 6%.
MODERN MACHINE TOOL COMPANY 401(K) PLAN-26$3,402,893$167,756$6,452iApproximate average salary by contribution assumption: employee only about $161,304 at 4% or $107,536 at 6%; with 50% employer match about $107,536 at 4% or $71,691 at 6%; with 100% employer match about $80,652 at 4% or $53,768 at 6%.
Pension Plan for the Employees of Modern Machine Tool Company-13$2,281,594$0-
Pension Plan for the Hourly Employees of Modern Machine Tool Company-25$1,155,987--
2015226$3,308,002$0-
Pension Plan for the Employees of Modern Machine Tool Company-14$2,192,559$0-
Pension Plan for the Hourly Employees of Modern Machine Tool Company-26$1,115,443$0-
2014227$3,405,413$0-
Pension Plan for the Employees of Modern Machine Tool Company-14$2,221,741$0-
Pension Plan for the Hourly Employees of Modern Machine Tool Company-27$1,183,672$0-
2013227$3,307,569$182,173$6,747iApproximate average salary by contribution assumption: employee only about $168,679 at 4% or $112,452 at 6%; with 50% employer match about $112,452 at 4% or $74,968 at 6%; with 100% employer match about $84,339 at 4% or $56,226 at 6%.
Pension Plan for the Employees of Modern Machine Tool Company-15$2,168,501$102,380$6,825iApproximate average salary by contribution assumption: employee only about $170,633 at 4% or $113,756 at 6%; with 50% employer match about $113,756 at 4% or $75,837 at 6%; with 100% employer match about $85,317 at 4% or $56,878 at 6%.
Pension Plan for the Hourly Employees of Modern Machine Tool Company-27$1,139,068$79,793$2,955iApproximate average salary by contribution assumption: employee only about $73,882 at 4% or $49,255 at 6%; with 50% employer match about $49,255 at 4% or $32,837 at 6%; with 100% employer match about $36,941 at 4% or $24,627 at 6%.
2012228$2,682,178$249,942$8,927iApproximate average salary by contribution assumption: employee only about $223,163 at 4% or $148,775 at 6%; with 50% employer match about $148,775 at 4% or $99,183 at 6%; with 100% employer match about $111,581 at 4% or $74,388 at 6%.
Pension Plan for the Employees of Modern Machine Tool Company-16$1,746,590$168,250$10,516iApproximate average salary by contribution assumption: employee only about $262,891 at 4% or $175,260 at 6%; with 50% employer match about $175,260 at 4% or $116,840 at 6%; with 100% employer match about $131,445 at 4% or $87,630 at 6%.
Pension Plan for the Hourly Employees of Modern Machine Tool Company-28$935,588$81,692$2,918iApproximate average salary by contribution assumption: employee only about $72,939 at 4% or $48,626 at 6%; with 50% employer match about $48,626 at 4% or $32,417 at 6%; with 100% employer match about $36,470 at 4% or $24,313 at 6%.
2011228$2,231,657$207,126$7,397iApproximate average salary by contribution assumption: employee only about $184,934 at 4% or $123,289 at 6%; with 50% employer match about $123,289 at 4% or $82,193 at 6%; with 100% employer match about $92,467 at 4% or $61,645 at 6%.
Pension Plan for the Employees of Modern Machine Tool Company-16$1,447,335$116,807$7,300iApproximate average salary by contribution assumption: employee only about $182,511 at 4% or $121,674 at 6%; with 50% employer match about $121,674 at 4% or $81,116 at 6%; with 100% employer match about $91,255 at 4% or $60,837 at 6%.
Pension Plan for the Hourly Employees of Modern Machine Tool Company-28$784,322$90,319$3,226iApproximate average salary by contribution assumption: employee only about $80,642 at 4% or $53,761 at 6%; with 50% employer match about $53,761 at 4% or $35,841 at 6%; with 100% employer match about $40,321 at 4% or $26,881 at 6%.
2010228$2,174,911$180,272$6,438iApproximate average salary by contribution assumption: employee only about $160,957 at 4% or $107,305 at 6%; with 50% employer match about $107,305 at 4% or $71,537 at 6%; with 100% employer match about $80,479 at 4% or $53,652 at 6%.
Pension Plan for the Employees of Modern Machine Tool Company-16$1,443,931$94,981$5,936iApproximate average salary by contribution assumption: employee only about $148,408 at 4% or $98,939 at 6%; with 50% employer match about $98,939 at 4% or $65,959 at 6%; with 100% employer match about $74,204 at 4% or $49,469 at 6%.
Pension Plan for the Hourly Employees of Modern Machine Tool Company-28$730,980$85,291$3,046iApproximate average salary by contribution assumption: employee only about $76,153 at 4% or $50,768 at 6%; with 50% employer match about $50,768 at 4% or $33,846 at 6%; with 100% employer match about $38,076 at 4% or $25,384 at 6%.
2009228$1,825,932$326,307$11,654iApproximate average salary by contribution assumption: employee only about $291,346 at 4% or $194,230 at 6%; with 50% employer match about $194,230 at 4% or $129,487 at 6%; with 100% employer match about $145,673 at 4% or $97,115 at 6%.
Pension Plan for the Employees of Modern Machine Tool Company-16$1,215,568$252,577$15,786iApproximate average salary by contribution assumption: employee only about $394,652 at 4% or $263,101 at 6%; with 50% employer match about $263,101 at 4% or $175,401 at 6%; with 100% employer match about $197,326 at 4% or $131,551 at 6%.
Pension Plan for the Hourly Employees of Modern Machine Tool Company-28$610,364$73,730$2,633iApproximate average salary by contribution assumption: employee only about $65,830 at 4% or $43,887 at 6%; with 50% employer match about $43,887 at 4% or $29,258 at 6%; with 100% employer match about $32,915 at 4% or $21,943 at 6%.
200818$790,438$192,831$24,104iApproximate average salary by contribution assumption: employee only about $602,597 at 4% or $401,731 at 6%; with 50% employer match about $401,731 at 4% or $267,821 at 6%; with 100% employer match about $301,298 at 4% or $200,866 at 6%.
Pension Plan for the Employees of Modern Machine Tool Company-8$790,438$192,831$24,104iApproximate average salary by contribution assumption: employee only about $602,597 at 4% or $401,731 at 6%; with 50% employer match about $401,731 at 4% or $267,821 at 6%; with 100% employer match about $301,298 at 4% or $200,866 at 6%.
2007216$0$0-
Pension Plan for the Employees of Modern Machine Tool Company-9---
Pension Plan for the Hourly Employees of Modern Machine Tool Company-16---
2006218$1,420,543$202,067$11,226iApproximate average salary by contribution assumption: employee only about $280,649 at 4% or $187,099 at 6%; with 50% employer match about $187,099 at 4% or $124,733 at 6%; with 100% employer match about $140,324 at 4% or $93,550 at 6%.
Pension Plan for the Employees of Modern Machine Tool Company-10$926,472$103,979$10,398iApproximate average salary by contribution assumption: employee only about $259,948 at 4% or $173,298 at 6%; with 50% employer match about $173,298 at 4% or $115,532 at 6%; with 100% employer match about $129,974 at 4% or $86,649 at 6%.
Pension Plan for the Hourly Employees of Modern Machine Tool Company-18$494,071$98,088$5,449iApproximate average salary by contribution assumption: employee only about $136,233 at 4% or $90,822 at 6%; with 50% employer match about $90,822 at 4% or $60,548 at 6%; with 100% employer match about $68,117 at 4% or $45,411 at 6%.
2005219$1,071,650$166,975$8,788iApproximate average salary by contribution assumption: employee only about $219,704 at 4% or $146,469 at 6%; with 50% employer match about $146,469 at 4% or $97,646 at 6%; with 100% employer match about $109,852 at 4% or $73,235 at 6%.
Pension Plan for the Employees of Modern Machine Tool Company-9$720,530$86,108$9,568iApproximate average salary by contribution assumption: employee only about $239,189 at 4% or $159,459 at 6%; with 50% employer match about $159,459 at 4% or $106,306 at 6%; with 100% employer match about $119,594 at 4% or $79,730 at 6%.
Pension Plan for the Hourly Employees of Modern Machine Tool Company-19$351,120$80,867$4,256iApproximate average salary by contribution assumption: employee only about $106,404 at 4% or $70,936 at 6%; with 50% employer match about $70,936 at 4% or $47,291 at 6%; with 100% employer match about $53,202 at 4% or $35,468 at 6%.
2004214$1,010,094$170,427$12,173iApproximate average salary by contribution assumption: employee only about $304,334 at 4% or $202,889 at 6%; with 50% employer match about $202,889 at 4% or $135,260 at 6%; with 100% employer match about $152,167 at 4% or $101,445 at 6%.
Pension Plan for the Employees of Modern Machine Tool Company-9$598,229$84,452$9,384iApproximate average salary by contribution assumption: employee only about $234,589 at 4% or $156,393 at 6%; with 50% employer match about $156,393 at 4% or $104,262 at 6%; with 100% employer match about $117,294 at 4% or $78,196 at 6%.
Pension Plan for the Hourly Employees of Modern Machine Tool Company-14$411,865$85,975$6,141iApproximate average salary by contribution assumption: employee only about $153,527 at 4% or $102,351 at 6%; with 50% employer match about $102,351 at 4% or $68,234 at 6%; with 100% employer match about $76,763 at 4% or $51,176 at 6%.
2003216$820,776$156,510$9,782iApproximate average salary by contribution assumption: employee only about $244,547 at 4% or $163,031 at 6%; with 50% employer match about $163,031 at 4% or $108,688 at 6%; with 100% employer match about $122,273 at 4% or $81,516 at 6%.
Pension Plan for the Employees of Modern Machine Tool Company-8$515,661$70,060$8,758iApproximate average salary by contribution assumption: employee only about $218,938 at 4% or $145,958 at 6%; with 50% employer match about $145,958 at 4% or $97,306 at 6%; with 100% employer match about $109,469 at 4% or $72,979 at 6%.
Pension Plan for the Hourly Employees of Modern Machine Tool Company-16$305,115$86,450$5,403iApproximate average salary by contribution assumption: employee only about $135,078 at 4% or $90,052 at 6%; with 50% employer match about $90,052 at 4% or $60,035 at 6%; with 100% employer match about $67,539 at 4% or $45,026 at 6%.
2002217$723,802$147,367$8,669iApproximate average salary by contribution assumption: employee only about $216,716 at 4% or $144,477 at 6%; with 50% employer match about $144,477 at 4% or $96,318 at 6%; with 100% employer match about $108,358 at 4% or $72,239 at 6%.
Pension Plan for the Employees of Modern Machine Tool Company-9$532,723$64,584$7,176iApproximate average salary by contribution assumption: employee only about $179,400 at 4% or $119,600 at 6%; with 50% employer match about $119,600 at 4% or $79,733 at 6%; with 100% employer match about $89,700 at 4% or $59,800 at 6%.
Pension Plan for the Hourly Employees of Modern Machine Tool Company-17$191,079$82,783$4,870iApproximate average salary by contribution assumption: employee only about $121,740 at 4% or $81,160 at 6%; with 50% employer match about $81,160 at 4% or $54,107 at 6%; with 100% employer match about $60,870 at 4% or $40,580 at 6%.
2001221$0$0-
Pension Plan for the Hourly Employees of Modern Machine Tool Company-21---
Pension Plan for the Employees of Modern Machine Tool Company-10---
2000221$0$0-
Pension Plan for the Hourly Employees of Modern Machine Tool Company-21---
Pension Plan for the Employees of Modern Machine Tool Company-11---
1999223$1,204,637$90,710$3,944iApproximate average salary by contribution assumption: employee only about $98,598 at 4% or $65,732 at 6%; with 50% employer match about $65,732 at 4% or $43,821 at 6%; with 100% employer match about $49,299 at 4% or $32,866 at 6%.
Pension Plan for the Employees of Modern Machine Tool Company-8$810,314$35,100$4,388iApproximate average salary by contribution assumption: employee only about $109,688 at 4% or $73,125 at 6%; with 50% employer match about $73,125 at 4% or $48,750 at 6%; with 100% employer match about $54,844 at 4% or $36,563 at 6%.
Pension Plan for the Hourly Employees of Modern Machine Tool Company-23$394,323$55,610$2,418iApproximate average salary by contribution assumption: employee only about $60,446 at 4% or $40,297 at 6%; with 50% employer match about $40,297 at 4% or $26,865 at 6%; with 100% employer match about $30,223 at 4% or $20,149 at 6%.
Modern Machine Tool Company | EIN 38-0844480 | 2024 Form 5500 Company Profile