Modern Hardware Inc.
Plan context: Modern Hardware Inc Employee Profit Sharing Plan
EIN 38-0888450 • Grand Rapids, MI • 25 filings • 3 plans
Current Snapshot
Latest Year
2024
2024 Participants
30
2024 Assets
$2,340,563
2024 Contributions
$58,996
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 30 | $2,340,563 | $58,996 | $1,967iApproximate average salary by contribution assumption: employee only about $49,163 at 4% or $32,776 at 6%; with 50% employer match about $32,776 at 4% or $21,850 at 6%; with 100% employer match about $24,582 at 4% or $16,388 at 6%. |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 30 | $2,340,563 | $58,996 | $1,967iApproximate average salary by contribution assumption: employee only about $49,163 at 4% or $32,776 at 6%; with 50% employer match about $32,776 at 4% or $21,850 at 6%; with 100% employer match about $24,582 at 4% or $16,388 at 6%. |
| 2023 | 1 | 29 | $1,947,632 | $91,333 | $3,149iApproximate average salary by contribution assumption: employee only about $78,735 at 4% or $52,490 at 6%; with 50% employer match about $52,490 at 4% or $34,993 at 6%; with 100% employer match about $39,368 at 4% or $26,245 at 6%. |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 29 | $1,947,632 | $91,333 | $3,149iApproximate average salary by contribution assumption: employee only about $78,735 at 4% or $52,490 at 6%; with 50% employer match about $52,490 at 4% or $34,993 at 6%; with 100% employer match about $39,368 at 4% or $26,245 at 6%. |
| 2022 | 1 | 23 | $1,647,597 | $80,156 | $3,485iApproximate average salary by contribution assumption: employee only about $87,126 at 4% or $58,084 at 6%; with 50% employer match about $58,084 at 4% or $38,723 at 6%; with 100% employer match about $43,563 at 4% or $29,042 at 6%. |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 23 | $1,647,597 | $80,156 | $3,485iApproximate average salary by contribution assumption: employee only about $87,126 at 4% or $58,084 at 6%; with 50% employer match about $58,084 at 4% or $38,723 at 6%; with 100% employer match about $43,563 at 4% or $29,042 at 6%. |
| 2021 | 1 | 21 | $1,754,113 | $30,840 | $1,469iApproximate average salary by contribution assumption: employee only about $36,714 at 4% or $24,476 at 6%; with 50% employer match about $24,476 at 4% or $16,317 at 6%; with 100% employer match about $18,357 at 4% or $12,238 at 6%. |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 21 | $1,754,113 | $30,840 | $1,469iApproximate average salary by contribution assumption: employee only about $36,714 at 4% or $24,476 at 6%; with 50% employer match about $24,476 at 4% or $16,317 at 6%; with 100% employer match about $18,357 at 4% or $12,238 at 6%. |
| 2020 | 1 | 22 | $1,574,479 | $43,848 | $1,993iApproximate average salary by contribution assumption: employee only about $49,827 at 4% or $33,218 at 6%; with 50% employer match about $33,218 at 4% or $22,145 at 6%; with 100% employer match about $24,914 at 4% or $16,609 at 6%. |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 22 | $1,574,479 | $43,848 | $1,993iApproximate average salary by contribution assumption: employee only about $49,827 at 4% or $33,218 at 6%; with 50% employer match about $33,218 at 4% or $22,145 at 6%; with 100% employer match about $24,914 at 4% or $16,609 at 6%. |
| 2019 | 1 | 24 | $1,296,535 | $26,291 | $1,095iApproximate average salary by contribution assumption: employee only about $27,386 at 4% or $18,258 at 6%; with 50% employer match about $18,258 at 4% or $12,172 at 6%; with 100% employer match about $13,693 at 4% or $9,129 at 6%. |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 24 | $1,296,535 | $26,291 | $1,095iApproximate average salary by contribution assumption: employee only about $27,386 at 4% or $18,258 at 6%; with 50% employer match about $18,258 at 4% or $12,172 at 6%; with 100% employer match about $13,693 at 4% or $9,129 at 6%. |
| 2018 | 1 | 21 | $1,107,421 | $24,853 | $1,183iApproximate average salary by contribution assumption: employee only about $29,587 at 4% or $19,725 at 6%; with 50% employer match about $19,725 at 4% or $13,150 at 6%; with 100% employer match about $14,793 at 4% or $9,862 at 6%. |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 21 | $1,107,421 | $24,853 | $1,183iApproximate average salary by contribution assumption: employee only about $29,587 at 4% or $19,725 at 6%; with 50% employer match about $19,725 at 4% or $13,150 at 6%; with 100% employer match about $14,793 at 4% or $9,862 at 6%. |
| 2017 | 1 | 19 | $1,138,465 | $32,596 | $1,716iApproximate average salary by contribution assumption: employee only about $42,889 at 4% or $28,593 at 6%; with 50% employer match about $28,593 at 4% or $19,062 at 6%; with 100% employer match about $21,445 at 4% or $14,296 at 6%. |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 19 | $1,138,465 | $32,596 | $1,716iApproximate average salary by contribution assumption: employee only about $42,889 at 4% or $28,593 at 6%; with 50% employer match about $28,593 at 4% or $19,062 at 6%; with 100% employer match about $21,445 at 4% or $14,296 at 6%. |
| 2016 | 1 | 18 | $916,522 | $34,219 | $1,901iApproximate average salary by contribution assumption: employee only about $47,526 at 4% or $31,684 at 6%; with 50% employer match about $31,684 at 4% or $21,123 at 6%; with 100% employer match about $23,763 at 4% or $15,842 at 6%. |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 18 | $916,522 | $34,219 | $1,901iApproximate average salary by contribution assumption: employee only about $47,526 at 4% or $31,684 at 6%; with 50% employer match about $31,684 at 4% or $21,123 at 6%; with 100% employer match about $23,763 at 4% or $15,842 at 6%. |
| 2015 | 1 | 17 | $939,285 | $25,747 | $1,515iApproximate average salary by contribution assumption: employee only about $37,863 at 4% or $25,242 at 6%; with 50% employer match about $25,242 at 4% or $16,828 at 6%; with 100% employer match about $18,932 at 4% or $12,621 at 6%. |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 17 | $939,285 | $25,747 | $1,515iApproximate average salary by contribution assumption: employee only about $37,863 at 4% or $25,242 at 6%; with 50% employer match about $25,242 at 4% or $16,828 at 6%; with 100% employer match about $18,932 at 4% or $12,621 at 6%. |
| 2014 | 1 | 16 | $944,227 | $27,759 | $1,735iApproximate average salary by contribution assumption: employee only about $43,373 at 4% or $28,916 at 6%; with 50% employer match about $28,916 at 4% or $19,277 at 6%; with 100% employer match about $21,687 at 4% or $14,458 at 6%. |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 16 | $944,227 | $27,759 | $1,735iApproximate average salary by contribution assumption: employee only about $43,373 at 4% or $28,916 at 6%; with 50% employer match about $28,916 at 4% or $19,277 at 6%; with 100% employer match about $21,687 at 4% or $14,458 at 6%. |
| 2013 | 1 | 13 | $850,049 | $26,007 | $2,001iApproximate average salary by contribution assumption: employee only about $50,013 at 4% or $33,342 at 6%; with 50% employer match about $33,342 at 4% or $22,228 at 6%; with 100% employer match about $25,007 at 4% or $16,671 at 6%. |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 13 | $850,049 | $26,007 | $2,001iApproximate average salary by contribution assumption: employee only about $50,013 at 4% or $33,342 at 6%; with 50% employer match about $33,342 at 4% or $22,228 at 6%; with 100% employer match about $25,007 at 4% or $16,671 at 6%. |
| 2012 | 1 | 12 | $726,755 | $5,930 | $494iApproximate average salary by contribution assumption: employee only about $12,354 at 4% or $8,236 at 6%; with 50% employer match about $8,236 at 4% or $5,491 at 6%; with 100% employer match about $6,177 at 4% or $4,118 at 6%. |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 12 | $726,755 | $5,930 | $494iApproximate average salary by contribution assumption: employee only about $12,354 at 4% or $8,236 at 6%; with 50% employer match about $8,236 at 4% or $5,491 at 6%; with 100% employer match about $6,177 at 4% or $4,118 at 6%. |
| 2011 | 1 | 13 | $637,697 | $6,542 | $503iApproximate average salary by contribution assumption: employee only about $12,581 at 4% or $8,387 at 6%; with 50% employer match about $8,387 at 4% or $5,591 at 6%; with 100% employer match about $6,290 at 4% or $4,194 at 6%. |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 13 | $637,697 | $6,542 | $503iApproximate average salary by contribution assumption: employee only about $12,581 at 4% or $8,387 at 6%; with 50% employer match about $8,387 at 4% or $5,591 at 6%; with 100% employer match about $6,290 at 4% or $4,194 at 6%. |
| 2010 | 1 | 14 | $626,005 | $6,705 | $479iApproximate average salary by contribution assumption: employee only about $11,973 at 4% or $7,982 at 6%; with 50% employer match about $7,982 at 4% or $5,321 at 6%; with 100% employer match about $5,987 at 4% or $3,991 at 6%. |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 14 | $626,005 | $6,705 | $479iApproximate average salary by contribution assumption: employee only about $11,973 at 4% or $7,982 at 6%; with 50% employer match about $7,982 at 4% or $5,321 at 6%; with 100% employer match about $5,987 at 4% or $3,991 at 6%. |
| 2009 | 1 | 15 | $546,075 | $7,226 | $482iApproximate average salary by contribution assumption: employee only about $12,043 at 4% or $8,029 at 6%; with 50% employer match about $8,029 at 4% or $5,353 at 6%; with 100% employer match about $6,022 at 4% or $4,014 at 6%. |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 15 | $546,075 | $7,226 | $482iApproximate average salary by contribution assumption: employee only about $12,043 at 4% or $8,029 at 6%; with 50% employer match about $8,029 at 4% or $5,353 at 6%; with 100% employer match about $6,022 at 4% or $4,014 at 6%. |
| 2008 | 1 | 18 | $433,138 | $9,346 | $519iApproximate average salary by contribution assumption: employee only about $12,981 at 4% or $8,654 at 6%; with 50% employer match about $8,654 at 4% or $5,769 at 6%; with 100% employer match about $6,490 at 4% or $4,327 at 6%. |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 18 | $433,138 | $9,346 | $519iApproximate average salary by contribution assumption: employee only about $12,981 at 4% or $8,654 at 6%; with 50% employer match about $8,654 at 4% or $5,769 at 6%; with 100% employer match about $6,490 at 4% or $4,327 at 6%. |
| 2007 | 1 | 24 | $660,480 | $11,130 | $464iApproximate average salary by contribution assumption: employee only about $11,594 at 4% or $7,729 at 6%; with 50% employer match about $7,729 at 4% or $5,153 at 6%; with 100% employer match about $5,797 at 4% or $3,865 at 6%. |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 24 | $660,480 | $11,130 | $464iApproximate average salary by contribution assumption: employee only about $11,594 at 4% or $7,729 at 6%; with 50% employer match about $7,729 at 4% or $5,153 at 6%; with 100% employer match about $5,797 at 4% or $3,865 at 6%. |
| 2006 | 1 | 26 | $639,017 | $13,981 | $538iApproximate average salary by contribution assumption: employee only about $13,443 at 4% or $8,962 at 6%; with 50% employer match about $8,962 at 4% or $5,975 at 6%; with 100% employer match about $6,722 at 4% or $4,481 at 6%. |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 26 | $639,017 | $13,981 | $538iApproximate average salary by contribution assumption: employee only about $13,443 at 4% or $8,962 at 6%; with 50% employer match about $8,962 at 4% or $5,975 at 6%; with 100% employer match about $6,722 at 4% or $4,481 at 6%. |
| 2005 | 1 | 23 | $568,731 | $10,998 | $478iApproximate average salary by contribution assumption: employee only about $11,954 at 4% or $7,970 at 6%; with 50% employer match about $7,970 at 4% or $5,313 at 6%; with 100% employer match about $5,977 at 4% or $3,985 at 6%. |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 23 | $568,731 | $10,998 | $478iApproximate average salary by contribution assumption: employee only about $11,954 at 4% or $7,970 at 6%; with 50% employer match about $7,970 at 4% or $5,313 at 6%; with 100% employer match about $5,977 at 4% or $3,985 at 6%. |
| 2004 | 1 | 17 | $496,014 | $32,404 | $1,906iApproximate average salary by contribution assumption: employee only about $47,653 at 4% or $31,769 at 6%; with 50% employer match about $31,769 at 4% or $21,179 at 6%; with 100% employer match about $23,826 at 4% or $15,884 at 6%. |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 17 | $496,014 | $32,404 | $1,906iApproximate average salary by contribution assumption: employee only about $47,653 at 4% or $31,769 at 6%; with 50% employer match about $31,769 at 4% or $21,179 at 6%; with 100% employer match about $23,826 at 4% or $15,884 at 6%. |
| 2003 | 1 | 21 | $435,110 | $50,753 | $2,417iApproximate average salary by contribution assumption: employee only about $60,420 at 4% or $40,280 at 6%; with 50% employer match about $40,280 at 4% or $26,853 at 6%; with 100% employer match about $30,210 at 4% or $20,140 at 6%. |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 21 | $435,110 | $50,753 | $2,417iApproximate average salary by contribution assumption: employee only about $60,420 at 4% or $40,280 at 6%; with 50% employer match about $40,280 at 4% or $26,853 at 6%; with 100% employer match about $30,210 at 4% or $20,140 at 6%. |
| 2001 | 1 | 18 | $529,121 | $0 | - |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 18 | $529,121 | - | - |
| 2000 | 1 | 17 | $662,054 | $0 | - |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 17 | $662,054 | - | - |
| 1999 | 1 | 18 | $703,055 | $25,000 | $1,389iApproximate average salary by contribution assumption: employee only about $34,722 at 4% or $23,148 at 6%; with 50% employer match about $23,148 at 4% or $15,432 at 6%; with 100% employer match about $17,361 at 4% or $11,574 at 6%. |
| Modern Hardware Inc Employee Profit Sharing Plan | - | 18 | $703,055 | $25,000 | $1,389iApproximate average salary by contribution assumption: employee only about $34,722 at 4% or $23,148 at 6%; with 50% employer match about $23,148 at 4% or $15,432 at 6%; with 100% employer match about $17,361 at 4% or $11,574 at 6%. |