Civic Intelligence

Precision Spindle Service Co Inc

Plan context: Precision Spindle Service Co Inc Employees Profit Sharing Plan

EIN 38-1616074 • Ferndale, MI • 14 filings • 4 plans

836 Woodward HtsFerndale, MI 48220-1431
Current Snapshot

Latest Year

2023

2023 Participants

9

2023 Assets

$1,542,891

2023 Contributions

$40,000

Historical Graphs

Total Assets Over Time

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

$1,731,825$865,913$0201120172022YearValue
$1,542,891Latest year 2022

Participants Over Time

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

1160200020162022YearValue
9Latest year 2022

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
202310$0$0-
Precision Spindle Service Co Inc Employees Profit Sharing Plan-0$0--
202219$1,542,891$0-
Precision Spindle Service Co Inc Employees Profit Sharing Plan-9$1,542,891--
202119$1,353,771$0-
Precision Spindle Service Co Inc Employees Profit Sharing Plan-9$1,353,771--
2020110$1,731,825$0-
Precision Spindle Service Co Inc Employees Profit Sharing Plan-10$1,731,825--
2019110$1,472,261$0-
Precision Spindle Service Co Inc Employees Profit Sharing Plan-10$1,472,261--
2018110$1,378,321$40,000$4,000iApproximate average salary by contribution assumption: employee only about $100,000 at 4% or $66,667 at 6%; with 50% employer match about $66,667 at 4% or $44,444 at 6%; with 100% employer match about $50,000 at 4% or $33,333 at 6%.
Precision Spindle Service Co Inc Employees Profit Sharing Plan-10$1,378,321$40,000$4,000iApproximate average salary by contribution assumption: employee only about $100,000 at 4% or $66,667 at 6%; with 50% employer match about $66,667 at 4% or $44,444 at 6%; with 100% employer match about $50,000 at 4% or $33,333 at 6%.
201711$1,310,934$40,000$40,000iApproximate average salary by contribution assumption: employee only about $1,000,000 at 4% or $666,667 at 6%; with 50% employer match about $666,667 at 4% or $444,444 at 6%; with 100% employer match about $500,000 at 4% or $333,333 at 6%.
Precision Spindle Service Co Inc Employees Profit Sharing Plan-1$1,310,934$40,000$40,000iApproximate average salary by contribution assumption: employee only about $1,000,000 at 4% or $666,667 at 6%; with 50% employer match about $666,667 at 4% or $444,444 at 6%; with 100% employer match about $500,000 at 4% or $333,333 at 6%.
2016111$1,205,538$40,000$3,636iApproximate average salary by contribution assumption: employee only about $90,909 at 4% or $60,606 at 6%; with 50% employer match about $60,606 at 4% or $40,404 at 6%; with 100% employer match about $45,455 at 4% or $30,303 at 6%.
Precision Spindle Service Co Inc Employees Profit Sharing Plan-11$1,205,538$40,000$3,636iApproximate average salary by contribution assumption: employee only about $90,909 at 4% or $60,606 at 6%; with 50% employer match about $60,606 at 4% or $40,404 at 6%; with 100% employer match about $45,455 at 4% or $30,303 at 6%.
2015111$1,072,699$40,000$3,636iApproximate average salary by contribution assumption: employee only about $90,909 at 4% or $60,606 at 6%; with 50% employer match about $60,606 at 4% or $40,404 at 6%; with 100% employer match about $45,455 at 4% or $30,303 at 6%.
Precision Spindle Service Co Inc Employees Profit Sharing Plan-11$1,072,699$40,000$3,636iApproximate average salary by contribution assumption: employee only about $90,909 at 4% or $60,606 at 6%; with 50% employer match about $60,606 at 4% or $40,404 at 6%; with 100% employer match about $45,455 at 4% or $30,303 at 6%.
2014110$949,604$60,000$6,000iApproximate average salary by contribution assumption: employee only about $150,000 at 4% or $100,000 at 6%; with 50% employer match about $100,000 at 4% or $66,667 at 6%; with 100% employer match about $75,000 at 4% or $50,000 at 6%.
Precision Spindle Service Co Inc Employees Profit Sharing Plan-10$949,604$60,000$6,000iApproximate average salary by contribution assumption: employee only about $150,000 at 4% or $100,000 at 6%; with 50% employer match about $100,000 at 4% or $66,667 at 6%; with 100% employer match about $75,000 at 4% or $50,000 at 6%.
2013110$961,919$30,000$3,000iApproximate average salary by contribution assumption: employee only about $75,000 at 4% or $50,000 at 6%; with 50% employer match about $50,000 at 4% or $33,333 at 6%; with 100% employer match about $37,500 at 4% or $25,000 at 6%.
Precision Spindle Service Co Inc Employees Profit Sharing Plan-10$961,919$30,000$3,000iApproximate average salary by contribution assumption: employee only about $75,000 at 4% or $50,000 at 6%; with 50% employer match about $50,000 at 4% or $33,333 at 6%; with 100% employer match about $37,500 at 4% or $25,000 at 6%.
201218$855,701$20,000$2,500iApproximate average salary by contribution assumption: employee only about $62,500 at 4% or $41,667 at 6%; with 50% employer match about $41,667 at 4% or $27,778 at 6%; with 100% employer match about $31,250 at 4% or $20,833 at 6%.
Precision Spindle Service Co Inc Employees Profit Sharing Plan-8$855,701$20,000$2,500iApproximate average salary by contribution assumption: employee only about $62,500 at 4% or $41,667 at 6%; with 50% employer match about $41,667 at 4% or $27,778 at 6%; with 100% employer match about $31,250 at 4% or $20,833 at 6%.
201118$769,511$0-
Precision Spindle Service Co Inc Employees Profit Sharing Plan-8$769,511--
2000110$0$0-
Precision Spindle Service Co Inc Employees Profit Sharing Plan-10---