Straits Corporation
Plan context: TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARING RETIREMENT PLAN
EIN 38-1428281 • Tawas City, MI • 37 filings • 6 plans
Current Snapshot
Latest Year
2024
2024 Participants
41
2024 Assets
$919,239
2024 Contributions
$47,781
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 | 41 | $919,239 | $47,781 | $1,165iApproximate average salary by contribution assumption: employee only about $29,135 at 4% or $19,423 at 6%; with 50% employer match about $19,423 at 4% or $12,949 at 6%; with 100% employer match about $14,567 at 4% or $9,712 at 6%. |
| TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARING RETIREMENT PLAN | - | 41 | $919,239 | $47,781 | $1,165iApproximate average salary by contribution assumption: employee only about $29,135 at 4% or $19,423 at 6%; with 50% employer match about $19,423 at 4% or $12,949 at 6%; with 100% employer match about $14,567 at 4% or $9,712 at 6%. |
| 2023 | 1 | 39 | $764,469 | $44,574 | $1,143iApproximate average salary by contribution assumption: employee only about $28,573 at 4% or $19,049 at 6%; with 50% employer match about $19,049 at 4% or $12,699 at 6%; with 100% employer match about $14,287 at 4% or $9,524 at 6%. |
| TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARING RETIREMENT PLAN | - | 39 | $764,469 | $44,574 | $1,143iApproximate average salary by contribution assumption: employee only about $28,573 at 4% or $19,049 at 6%; with 50% employer match about $19,049 at 4% or $12,699 at 6%; with 100% employer match about $14,287 at 4% or $9,524 at 6%. |
| 2022 | 1 | 39 | $719,290 | $121,258 | $3,109iApproximate average salary by contribution assumption: employee only about $77,729 at 4% or $51,820 at 6%; with 50% employer match about $51,820 at 4% or $34,546 at 6%; with 100% employer match about $38,865 at 4% or $25,910 at 6%. |
| TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARING RETIREMENT PLAN | - | 39 | $719,290 | $121,258 | $3,109iApproximate average salary by contribution assumption: employee only about $77,729 at 4% or $51,820 at 6%; with 50% employer match about $51,820 at 4% or $34,546 at 6%; with 100% employer match about $38,865 at 4% or $25,910 at 6%. |
| 2021 | 1 | 23 | $679,403 | $53,778 | $2,338iApproximate average salary by contribution assumption: employee only about $58,454 at 4% or $38,970 at 6%; with 50% employer match about $38,970 at 4% or $25,980 at 6%; with 100% employer match about $29,227 at 4% or $19,485 at 6%. |
| TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARING RETIREMENT PLAN | - | 23 | $679,403 | $53,778 | $2,338iApproximate average salary by contribution assumption: employee only about $58,454 at 4% or $38,970 at 6%; with 50% employer match about $38,970 at 4% or $25,980 at 6%; with 100% employer match about $29,227 at 4% or $19,485 at 6%. |
| 2020 | 1 | 24 | $1,307,153 | $66,549 | $2,773iApproximate average salary by contribution assumption: employee only about $69,322 at 4% or $46,215 at 6%; with 50% employer match about $46,215 at 4% or $30,810 at 6%; with 100% employer match about $34,661 at 4% or $23,107 at 6%. |
| TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARING RETIREMENT PLAN | - | 24 | $1,307,153 | $66,549 | $2,773iApproximate average salary by contribution assumption: employee only about $69,322 at 4% or $46,215 at 6%; with 50% employer match about $46,215 at 4% or $30,810 at 6%; with 100% employer match about $34,661 at 4% or $23,107 at 6%. |
| 2019 | 1 | 24 | $1,328,944 | $57,799 | $2,408iApproximate average salary by contribution assumption: employee only about $60,207 at 4% or $40,138 at 6%; with 50% employer match about $40,138 at 4% or $26,759 at 6%; with 100% employer match about $30,104 at 4% or $20,069 at 6%. |
| TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARING RETIREMENT PLAN | - | 24 | $1,328,944 | $57,799 | $2,408iApproximate average salary by contribution assumption: employee only about $60,207 at 4% or $40,138 at 6%; with 50% employer match about $40,138 at 4% or $26,759 at 6%; with 100% employer match about $30,104 at 4% or $20,069 at 6%. |
| 2018 | 1 | 22 | $1,068,758 | $53,165 | $2,417iApproximate average salary by contribution assumption: employee only about $60,415 at 4% or $40,277 at 6%; with 50% employer match about $40,277 at 4% or $26,851 at 6%; with 100% employer match about $30,207 at 4% or $20,138 at 6%. |
| TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARING RETIREMENT PLAN | - | 22 | $1,068,758 | $53,165 | $2,417iApproximate average salary by contribution assumption: employee only about $60,415 at 4% or $40,277 at 6%; with 50% employer match about $40,277 at 4% or $26,851 at 6%; with 100% employer match about $30,207 at 4% or $20,138 at 6%. |
| 2017 | 1 | 19 | $1,183,696 | $33,142 | $1,744iApproximate average salary by contribution assumption: employee only about $43,608 at 4% or $29,072 at 6%; with 50% employer match about $29,072 at 4% or $19,381 at 6%; with 100% employer match about $21,804 at 4% or $14,536 at 6%. |
| TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARING RETIREMENT PLAN | - | 19 | $1,183,696 | $33,142 | $1,744iApproximate average salary by contribution assumption: employee only about $43,608 at 4% or $29,072 at 6%; with 50% employer match about $29,072 at 4% or $19,381 at 6%; with 100% employer match about $21,804 at 4% or $14,536 at 6%. |
| 2016 | 1 | 20 | $1,157,369 | $71,657 | $3,583iApproximate average salary by contribution assumption: employee only about $89,571 at 4% or $59,714 at 6%; with 50% employer match about $59,714 at 4% or $39,809 at 6%; with 100% employer match about $44,786 at 4% or $29,857 at 6%. |
| TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARING RETIREMENT PLAN | - | 20 | $1,157,369 | $71,657 | $3,583iApproximate average salary by contribution assumption: employee only about $89,571 at 4% or $59,714 at 6%; with 50% employer match about $59,714 at 4% or $39,809 at 6%; with 100% employer match about $44,786 at 4% or $29,857 at 6%. |
| 2015 | 1 | 20 | $1,042,280 | $69,224 | $3,461iApproximate average salary by contribution assumption: employee only about $86,530 at 4% or $57,687 at 6%; with 50% employer match about $57,687 at 4% or $38,458 at 6%; with 100% employer match about $43,265 at 4% or $28,843 at 6%. |
| TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARING RETIREMENT PLAN | - | 20 | $1,042,280 | $69,224 | $3,461iApproximate average salary by contribution assumption: employee only about $86,530 at 4% or $57,687 at 6%; with 50% employer match about $57,687 at 4% or $38,458 at 6%; with 100% employer match about $43,265 at 4% or $28,843 at 6%. |
| 2014 | 1 | 21 | $1,035,577 | $65,504 | $3,119iApproximate average salary by contribution assumption: employee only about $77,981 at 4% or $51,987 at 6%; with 50% employer match about $51,987 at 4% or $34,658 at 6%; with 100% employer match about $38,990 at 4% or $25,994 at 6%. |
| TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARING RETIREMENT PLAN | - | 21 | $1,035,577 | $65,504 | $3,119iApproximate average salary by contribution assumption: employee only about $77,981 at 4% or $51,987 at 6%; with 50% employer match about $51,987 at 4% or $34,658 at 6%; with 100% employer match about $38,990 at 4% or $25,994 at 6%. |
| 2013 | 1 | 21 | $904,287 | $45,566 | $2,170iApproximate average salary by contribution assumption: employee only about $54,245 at 4% or $36,163 at 6%; with 50% employer match about $36,163 at 4% or $24,109 at 6%; with 100% employer match about $27,123 at 4% or $18,082 at 6%. |
| TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARIN | - | 21 | $904,287 | $45,566 | $2,170iApproximate average salary by contribution assumption: employee only about $54,245 at 4% or $36,163 at 6%; with 50% employer match about $36,163 at 4% or $24,109 at 6%; with 100% employer match about $27,123 at 4% or $18,082 at 6%. |
| 2012 | 1 | 21 | $708,426 | $42,110 | $2,005iApproximate average salary by contribution assumption: employee only about $50,131 at 4% or $33,421 at 6%; with 50% employer match about $33,421 at 4% or $22,280 at 6%; with 100% employer match about $25,065 at 4% or $16,710 at 6%. |
| TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARING RETIREMENT PLAN | - | 21 | $708,426 | $42,110 | $2,005iApproximate average salary by contribution assumption: employee only about $50,131 at 4% or $33,421 at 6%; with 50% employer match about $33,421 at 4% or $22,280 at 6%; with 100% employer match about $25,065 at 4% or $16,710 at 6%. |
| 2011 | 1 | 21 | $607,040 | $47,273 | $2,251iApproximate average salary by contribution assumption: employee only about $56,277 at 4% or $37,518 at 6%; with 50% employer match about $37,518 at 4% or $25,012 at 6%; with 100% employer match about $28,139 at 4% or $18,759 at 6%. |
| TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARING RETIREMENT PLAN | - | 21 | $607,040 | $47,273 | $2,251iApproximate average salary by contribution assumption: employee only about $56,277 at 4% or $37,518 at 6%; with 50% employer match about $37,518 at 4% or $25,012 at 6%; with 100% employer match about $28,139 at 4% or $18,759 at 6%. |
| 2010 | 1 | 29 | $722,702 | $46,182 | $1,592iApproximate average salary by contribution assumption: employee only about $39,812 at 4% or $26,541 at 6%; with 50% employer match about $26,541 at 4% or $17,694 at 6%; with 100% employer match about $19,906 at 4% or $13,271 at 6%. |
| TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARING RETIREMENT PLAN | - | 29 | $722,702 | $46,182 | $1,592iApproximate average salary by contribution assumption: employee only about $39,812 at 4% or $26,541 at 6%; with 50% employer match about $26,541 at 4% or $17,694 at 6%; with 100% employer match about $19,906 at 4% or $13,271 at 6%. |
| 2009 | 1 | 29 | $618,054 | $42,304 | $1,459iApproximate average salary by contribution assumption: employee only about $36,469 at 4% or $24,313 at 6%; with 50% employer match about $24,313 at 4% or $16,208 at 6%; with 100% employer match about $18,234 at 4% or $12,156 at 6%. |
| TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARING RETIREMENT PLAN | - | 29 | $618,054 | $42,304 | $1,459iApproximate average salary by contribution assumption: employee only about $36,469 at 4% or $24,313 at 6%; with 50% employer match about $24,313 at 4% or $16,208 at 6%; with 100% employer match about $18,234 at 4% or $12,156 at 6%. |
| 2008 | 1 | 47 | $475,577 | $61,494 | $1,308iApproximate average salary by contribution assumption: employee only about $32,710 at 4% or $21,806 at 6%; with 50% employer match about $21,806 at 4% or $14,538 at 6%; with 100% employer match about $16,355 at 4% or $10,903 at 6%. |
| TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARING RETIREMENT PLAN | - | 47 | $475,577 | $61,494 | $1,308iApproximate average salary by contribution assumption: employee only about $32,710 at 4% or $21,806 at 6%; with 50% employer match about $21,806 at 4% or $14,538 at 6%; with 100% employer match about $16,355 at 4% or $10,903 at 6%. |
| 2007 | 1 | 50 | $0 | $0 | - |
| TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARING RETIREMENT PLAN | - | 50 | - | - | - |
| 2006 | 1 | 41 | $564,212 | $32,538 | $794iApproximate average salary by contribution assumption: employee only about $19,840 at 4% or $13,227 at 6%; with 50% employer match about $13,227 at 4% or $8,818 at 6%; with 100% employer match about $9,920 at 4% or $6,613 at 6%. |
| TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARING RETIREMENT PLAN | - | 41 | $564,212 | $32,538 | $794iApproximate average salary by contribution assumption: employee only about $19,840 at 4% or $13,227 at 6%; with 50% employer match about $13,227 at 4% or $8,818 at 6%; with 100% employer match about $9,920 at 4% or $6,613 at 6%. |
| 2005 | 1 | 47 | $483,999 | $42,096 | $896iApproximate average salary by contribution assumption: employee only about $22,391 at 4% or $14,928 at 6%; with 50% employer match about $14,928 at 4% or $9,952 at 6%; with 100% employer match about $11,196 at 4% or $7,464 at 6%. |
| TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARING RETIREMENT PLAN | - | 47 | $483,999 | $42,096 | $896iApproximate average salary by contribution assumption: employee only about $22,391 at 4% or $14,928 at 6%; with 50% employer match about $14,928 at 4% or $9,952 at 6%; with 100% employer match about $11,196 at 4% or $7,464 at 6%. |
| 2004 | 3 | 87 | $624,798 | $60,487 | $695iApproximate average salary by contribution assumption: employee only about $17,381 at 4% or $11,588 at 6%; with 50% employer match about $11,588 at 4% or $7,725 at 6%; with 100% employer match about $8,691 at 4% or $5,794 at 6%. |
| TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARING RETIREMENT PLAN | - | 87 | $624,798 | $58,331 | $670iApproximate average salary by contribution assumption: employee only about $16,762 at 4% or $11,175 at 6%; with 50% employer match about $11,175 at 4% or $7,450 at 6%; with 100% employer match about $8,381 at 4% or $5,587 at 6%. |
| Straits Corp. Union 401K Plan | - | 0 | - | $2,156 | - |
| The Straits Corporation Employee Life and Health Program | - | 57 | - | - | - |
| 2003 | 3 | 109 | $934,812 | $102,363 | $939iApproximate average salary by contribution assumption: employee only about $23,478 at 4% or $15,652 at 6%; with 50% employer match about $15,652 at 4% or $10,435 at 6%; with 100% employer match about $11,739 at 4% or $7,826 at 6%. |
| TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARING RETIREMENT PLAN | - | 99 | $842,421 | $75,698 | $765iApproximate average salary by contribution assumption: employee only about $19,116 at 4% or $12,744 at 6%; with 50% employer match about $12,744 at 4% or $8,496 at 6%; with 100% employer match about $9,558 at 4% or $6,372 at 6%. |
| Straits Corp. Union 401K Plan | - | 37 | $92,391 | $26,665 | $721iApproximate average salary by contribution assumption: employee only about $18,017 at 4% or $12,011 at 6%; with 50% employer match about $12,011 at 4% or $8,008 at 6%; with 100% employer match about $9,008 at 4% or $6,006 at 6%. |
| The Straits Corporation Employee Life and Health Program | - | 109 | - | - | - |
| 2002 | 2 | 110 | $52,003 | $10,417 | $95iApproximate average salary by contribution assumption: employee only about $2,368 at 4% or $1,578 at 6%; with 50% employer match about $1,578 at 4% or $1,052 at 6%; with 100% employer match about $1,184 at 4% or $789 at 6%. |
| Straits Corp. Union 401K Plan | - | 35 | $52,003 | $10,417 | $298iApproximate average salary by contribution assumption: employee only about $7,441 at 4% or $4,960 at 6%; with 50% employer match about $4,960 at 4% or $3,307 at 6%; with 100% employer match about $3,720 at 4% or $2,480 at 6%. |
| The Straits Corporation Employee Life and Health Program | - | 110 | - | - | - |
| 2001 | 3 | 116 | $746,658 | $99,987 | $862iApproximate average salary by contribution assumption: employee only about $21,549 at 4% or $14,366 at 6%; with 50% employer match about $14,366 at 4% or $9,577 at 6%; with 100% employer match about $10,774 at 4% or $7,183 at 6%. |
| TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARING RETIREMENT PLAN | - | 69 | $678,892 | $88,959 | $1,289iApproximate average salary by contribution assumption: employee only about $32,232 at 4% or $21,488 at 6%; with 50% employer match about $21,488 at 4% or $14,325 at 6%; with 100% employer match about $16,116 at 4% or $10,744 at 6%. |
| Straits Corp. Union 401K Plan | - | 38 | $67,766 | $11,028 | $290iApproximate average salary by contribution assumption: employee only about $7,255 at 4% or $4,837 at 6%; with 50% employer match about $4,837 at 4% or $3,225 at 6%; with 100% employer match about $3,628 at 4% or $2,418 at 6%. |
| The Straits Corporation Employee Life and Health Program | - | 116 | - | - | - |
| 2000 | 4 | 120 | $673,975 | $107,485 | $896iApproximate average salary by contribution assumption: employee only about $22,393 at 4% or $14,928 at 6%; with 50% employer match about $14,928 at 4% or $9,952 at 6%; with 100% employer match about $11,196 at 4% or $7,464 at 6%. |
| TRUSTEES OF THE STRAITS CORPORATION 401K PROFIT SHARING RETIREMENT PLAN | - | 71 | $673,975 | $107,485 | $1,514iApproximate average salary by contribution assumption: employee only about $37,847 at 4% or $25,231 at 6%; with 50% employer match about $25,231 at 4% or $16,821 at 6%; with 100% employer match about $18,923 at 4% or $12,616 at 6%. |
| THE STRAITS CORPORATION OPT-OUT BONUS PLAN | - | 117 | - | - | - |
| The Straits Corporation Employee Life and Health Program | - | 120 | - | - | - |
| Straits Corp. Union 401K Plan | - | 40 | - | - | - |
| 1999 | 2 | 111 | $66,750 | $15,855 | $143iApproximate average salary by contribution assumption: employee only about $3,571 at 4% or $2,381 at 6%; with 50% employer match about $2,381 at 4% or $1,587 at 6%; with 100% employer match about $1,785 at 4% or $1,190 at 6%. |
| Straits Corp. Union 401K Plan | - | 0 | $66,750 | $15,855 | - |
| The Straits Corporation Employee Life and Health Program | - | 111 | - | - | - |