Civic Intelligence

Garr Tool Company Inc.

Plan context: Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4

EIN 38-1658615 • Alma, MI • 59 filings • 12 plans

7800 N. Alger RoadAlma, MI 48801
Current Snapshot

Latest Year

2024

2024 Participants

131

2024 Assets

$49,650,936

2024 Contributions

$2,127,289

Historical Graphs

Total Assets Over Time

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

$53,043,570$26,521,785$0199920122024YearValue
$49,650,936Latest year 2024

Participants Over Time

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

145730199920122024YearValue
131Latest 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
20242131$49,650,936$2,127,289$16,239iApproximate average salary by contribution assumption: employee only about $405,971 at 4% or $270,647 at 6%; with 50% employer match about $270,647 at 4% or $180,432 at 6%; with 100% employer match about $202,986 at 4% or $135,324 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-120$49,650,936$2,127,289$17,727iApproximate average salary by contribution assumption: employee only about $443,185 at 4% or $295,457 at 6%; with 50% employer match about $295,457 at 4% or $196,971 at 6%; with 100% employer match about $221,593 at 4% or $147,728 at 6%.
Garr Tool Company Group Benefit Plan-131---
20232133$44,691,226$2,039,726$15,336iApproximate average salary by contribution assumption: employee only about $383,407 at 4% or $255,605 at 6%; with 50% employer match about $255,605 at 4% or $170,403 at 6%; with 100% employer match about $191,704 at 4% or $127,802 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-121$44,691,226$2,039,726$16,857iApproximate average salary by contribution assumption: employee only about $421,431 at 4% or $280,954 at 6%; with 50% employer match about $280,954 at 4% or $187,303 at 6%; with 100% employer match about $210,715 at 4% or $140,477 at 6%.
Garr Tool Company Group Benefit Plan-133---
20222129$41,073,268$2,080,970$16,132iApproximate average salary by contribution assumption: employee only about $403,289 at 4% or $268,859 at 6%; with 50% employer match about $268,859 at 4% or $179,239 at 6%; with 100% employer match about $201,644 at 4% or $134,430 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-124$41,073,268$2,080,970$16,782iApproximate average salary by contribution assumption: employee only about $419,550 at 4% or $279,700 at 6%; with 50% employer match about $279,700 at 4% or $186,467 at 6%; with 100% employer match about $209,775 at 4% or $139,850 at 6%.
Garr Tool Company Group Benefit Plan-129---
20212133$53,043,570$1,951,546$14,673iApproximate average salary by contribution assumption: employee only about $366,832 at 4% or $244,555 at 6%; with 50% employer match about $244,555 at 4% or $163,036 at 6%; with 100% employer match about $183,416 at 4% or $122,277 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-120$53,043,570$1,951,546$16,263iApproximate average salary by contribution assumption: employee only about $406,572 at 4% or $271,048 at 6%; with 50% employer match about $271,048 at 4% or $180,699 at 6%; with 100% employer match about $203,286 at 4% or $135,524 at 6%.
Garr Tool Company Group Benefit Plan-133---
20202138$51,769,208$1,981,989$14,362iApproximate average salary by contribution assumption: employee only about $359,056 at 4% or $239,371 at 6%; with 50% employer match about $239,371 at 4% or $159,580 at 6%; with 100% employer match about $179,528 at 4% or $119,685 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-131$51,769,208$1,981,989$15,130iApproximate average salary by contribution assumption: employee only about $378,242 at 4% or $252,161 at 6%; with 50% employer match about $252,161 at 4% or $168,108 at 6%; with 100% employer match about $189,121 at 4% or $126,081 at 6%.
Garr Tool Company Group Benefit Plan-138---
20192143$45,872,095$1,978,786$13,838iApproximate average salary by contribution assumption: employee only about $345,942 at 4% or $230,628 at 6%; with 50% employer match about $230,628 at 4% or $153,752 at 6%; with 100% employer match about $172,971 at 4% or $115,314 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-136$45,872,095$1,978,786$14,550iApproximate average salary by contribution assumption: employee only about $363,747 at 4% or $242,498 at 6%; with 50% employer match about $242,498 at 4% or $161,666 at 6%; with 100% employer match about $181,874 at 4% or $121,249 at 6%.
Garr Tool Company Group Benefit Plan-143---
20182140$36,907,888$1,935,503$13,825iApproximate average salary by contribution assumption: employee only about $345,626 at 4% or $230,417 at 6%; with 50% employer match about $230,417 at 4% or $153,611 at 6%; with 100% employer match about $172,813 at 4% or $115,209 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-134$36,907,888$1,935,503$14,444iApproximate average salary by contribution assumption: employee only about $361,101 at 4% or $240,734 at 6%; with 50% employer match about $240,734 at 4% or $160,489 at 6%; with 100% employer match about $180,551 at 4% or $120,367 at 6%.
Garr Tool Company Group Benefit Plan-140---
20172145$42,378,518$1,879,730$12,964iApproximate average salary by contribution assumption: employee only about $324,091 at 4% or $216,061 at 6%; with 50% employer match about $216,061 at 4% or $144,041 at 6%; with 100% employer match about $162,046 at 4% or $108,030 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-135$42,378,518$1,879,730$13,924iApproximate average salary by contribution assumption: employee only about $348,098 at 4% or $232,065 at 6%; with 50% employer match about $232,065 at 4% or $154,710 at 6%; with 100% employer match about $174,049 at 4% or $116,033 at 6%.
Garr Tool Company Group Benefit Plan-145---
20162137$36,946,545$1,806,954$13,189iApproximate average salary by contribution assumption: employee only about $329,736 at 4% or $219,824 at 6%; with 50% employer match about $219,824 at 4% or $146,549 at 6%; with 100% employer match about $164,868 at 4% or $109,912 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-132$36,946,545$1,806,954$13,689iApproximate average salary by contribution assumption: employee only about $342,226 at 4% or $228,151 at 6%; with 50% employer match about $228,151 at 4% or $152,101 at 6%; with 100% employer match about $171,113 at 4% or $114,075 at 6%.
Garr Tool Company Group Benefit Plan-137---
20152138$35,302,647$1,707,982$12,377iApproximate average salary by contribution assumption: employee only about $309,417 at 4% or $206,278 at 6%; with 50% employer match about $206,278 at 4% or $137,519 at 6%; with 100% employer match about $154,709 at 4% or $103,139 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-127$35,302,647$1,707,982$13,449iApproximate average salary by contribution assumption: employee only about $336,217 at 4% or $224,145 at 6%; with 50% employer match about $224,145 at 4% or $149,430 at 6%; with 100% employer match about $168,108 at 4% or $112,072 at 6%.
Garr Tool Company Group Benefit Plan-138---
20142137$35,439,968$1,672,588$12,209iApproximate average salary by contribution assumption: employee only about $305,217 at 4% or $203,478 at 6%; with 50% employer match about $203,478 at 4% or $135,652 at 6%; with 100% employer match about $152,608 at 4% or $101,739 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-133$35,439,968$1,672,588$12,576iApproximate average salary by contribution assumption: employee only about $314,396 at 4% or $209,597 at 6%; with 50% employer match about $209,597 at 4% or $139,732 at 6%; with 100% employer match about $157,198 at 4% or $104,799 at 6%.
Garr Tool Company Group Benefit Plan-137---
20132136$32,867,226$1,611,243$11,847iApproximate average salary by contribution assumption: employee only about $296,184 at 4% or $197,456 at 6%; with 50% employer match about $197,456 at 4% or $131,638 at 6%; with 100% employer match about $148,092 at 4% or $98,728 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-127$32,867,226$1,611,243$12,687iApproximate average salary by contribution assumption: employee only about $317,174 at 4% or $211,449 at 6%; with 50% employer match about $211,449 at 4% or $140,966 at 6%; with 100% employer match about $158,587 at 4% or $105,725 at 6%.
Garr Tool Company Group Benefit Plan-136---
20122132$26,827,156$1,572,681$11,914iApproximate average salary by contribution assumption: employee only about $297,856 at 4% or $198,571 at 6%; with 50% employer match about $198,571 at 4% or $132,381 at 6%; with 100% employer match about $148,928 at 4% or $99,285 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-123$26,827,156$1,572,681$12,786iApproximate average salary by contribution assumption: employee only about $319,651 at 4% or $213,100 at 6%; with 50% employer match about $213,100 at 4% or $142,067 at 6%; with 100% employer match about $159,825 at 4% or $106,550 at 6%.
Garr Tool Company Group Benefit Plan-132---
20112129$22,713,932$1,284,873$9,960iApproximate average salary by contribution assumption: employee only about $249,006 at 4% or $166,004 at 6%; with 50% employer match about $166,004 at 4% or $110,670 at 6%; with 100% employer match about $124,503 at 4% or $83,002 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-120$22,713,932$1,284,873$10,707iApproximate average salary by contribution assumption: employee only about $267,682 at 4% or $178,455 at 6%; with 50% employer match about $178,455 at 4% or $118,970 at 6%; with 100% employer match about $133,841 at 4% or $89,227 at 6%.
Garr Tool Company Group Benefit Plan-129---
20102123$21,597,268$1,037,638$8,436iApproximate average salary by contribution assumption: employee only about $210,902 at 4% or $140,601 at 6%; with 50% employer match about $140,601 at 4% or $93,734 at 6%; with 100% employer match about $105,451 at 4% or $70,301 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-119$21,597,268$1,037,638$8,720iApproximate average salary by contribution assumption: employee only about $217,991 at 4% or $145,327 at 6%; with 50% employer match about $145,327 at 4% or $96,885 at 6%; with 100% employer match about $108,996 at 4% or $72,664 at 6%.
Garr Tool Company Group Benefit Plan-123---
20092122$18,810,670$1,001,567$8,210iApproximate average salary by contribution assumption: employee only about $205,239 at 4% or $136,826 at 6%; with 50% employer match about $136,826 at 4% or $91,217 at 6%; with 100% employer match about $102,620 at 4% or $68,413 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-120$18,810,670$1,001,567$8,346iApproximate average salary by contribution assumption: employee only about $208,660 at 4% or $139,107 at 6%; with 50% employer match about $139,107 at 4% or $92,738 at 6%; with 100% employer match about $104,330 at 4% or $69,553 at 6%.
Garr Tool Company Group Benefit Plan-122---
20082123$14,402,750$1,050,569$8,541iApproximate average salary by contribution assumption: employee only about $213,530 at 4% or $142,354 at 6%; with 50% employer match about $142,354 at 4% or $94,902 at 6%; with 100% employer match about $106,765 at 4% or $71,177 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-113$14,402,750$1,050,569$9,297iApproximate average salary by contribution assumption: employee only about $232,427 at 4% or $154,951 at 6%; with 50% employer match about $154,951 at 4% or $103,301 at 6%; with 100% employer match about $116,213 at 4% or $77,476 at 6%.
Garr Tool Company Group Benefit Plan-123---
20072123$20,308,006$981,711$7,981iApproximate average salary by contribution assumption: employee only about $199,535 at 4% or $133,023 at 6%; with 50% employer match about $133,023 at 4% or $88,682 at 6%; with 100% employer match about $99,767 at 4% or $66,512 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-117$20,308,006$981,711$8,391iApproximate average salary by contribution assumption: employee only about $209,767 at 4% or $139,845 at 6%; with 50% employer match about $139,845 at 4% or $93,230 at 6%; with 100% employer match about $104,884 at 4% or $69,922 at 6%.
Garr Tool Company Group Benefit Plan-123---
20062120$18,087,123$1,010,364$8,420iApproximate average salary by contribution assumption: employee only about $210,493 at 4% or $140,328 at 6%; with 50% employer match about $140,328 at 4% or $93,552 at 6%; with 100% employer match about $105,246 at 4% or $70,164 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-117$18,087,123$1,010,364$8,636iApproximate average salary by contribution assumption: employee only about $215,890 at 4% or $143,926 at 6%; with 50% employer match about $143,926 at 4% or $95,951 at 6%; with 100% employer match about $107,945 at 4% or $71,963 at 6%.
Garr Tool Company Group Benefit Plan-120---
20052124$15,950,308$958,258$7,728iApproximate average salary by contribution assumption: employee only about $193,197 at 4% or $128,798 at 6%; with 50% employer match about $128,798 at 4% or $85,865 at 6%; with 100% employer match about $96,599 at 4% or $64,399 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-114$15,950,308$958,258$8,406iApproximate average salary by contribution assumption: employee only about $210,144 at 4% or $140,096 at 6%; with 50% employer match about $140,096 at 4% or $93,397 at 6%; with 100% employer match about $105,072 at 4% or $70,048 at 6%.
Garr Tool Company Group Benefit Plan-124---
20042117$14,114,512$847,226$7,241iApproximate average salary by contribution assumption: employee only about $181,031 at 4% or $120,687 at 6%; with 50% employer match about $120,687 at 4% or $80,458 at 6%; with 100% employer match about $90,516 at 4% or $60,344 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-107$14,114,512$847,226$7,918iApproximate average salary by contribution assumption: employee only about $197,950 at 4% or $131,967 at 6%; with 50% employer match about $131,967 at 4% or $87,978 at 6%; with 100% employer match about $98,975 at 4% or $65,983 at 6%.
Garr Tool Company Group Benefit Plan-117---
20032110$12,372,038$800,253$7,275iApproximate average salary by contribution assumption: employee only about $181,876 at 4% or $121,250 at 6%; with 50% employer match about $121,250 at 4% or $80,834 at 6%; with 100% employer match about $90,938 at 4% or $60,625 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-109$12,372,038$800,253$7,342iApproximate average salary by contribution assumption: employee only about $183,544 at 4% or $122,363 at 6%; with 50% employer match about $122,363 at 4% or $81,575 at 6%; with 100% employer match about $91,772 at 4% or $61,181 at 6%.
Garr Tool Company Group Benefit Plan-110---
20024112$9,784,114$769,258$6,868iApproximate average salary by contribution assumption: employee only about $171,709 at 4% or $114,473 at 6%; with 50% employer match about $114,473 at 4% or $76,315 at 6%; with 100% employer match about $85,855 at 4% or $57,236 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-109$9,784,114$769,258$7,057iApproximate average salary by contribution assumption: employee only about $176,435 at 4% or $117,624 at 6%; with 50% employer match about $117,624 at 4% or $78,416 at 6%; with 100% employer match about $88,218 at 4% or $58,812 at 6%.
Garr Tool Company Group Benefit Plan-111---
Garr Tool Company Disability Plan-112---
Garr Tool Company Dental Plan-110---
20014116$0$0-
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-111---
Garr Tool Company Disability Plan-116---
Garr Tool Company Dental Plan-114---
GARR TOOL COMPANY HEALTH INSURANCE PLAN-0---
20004115$10,592,129$794,516$6,909iApproximate average salary by contribution assumption: employee only about $172,721 at 4% or $115,147 at 6%; with 50% employer match about $115,147 at 4% or $76,765 at 6%; with 100% employer match about $86,360 at 4% or $57,574 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-103$10,592,129$794,516$7,714iApproximate average salary by contribution assumption: employee only about $192,844 at 4% or $128,562 at 6%; with 50% employer match about $128,562 at 4% or $85,708 at 6%; with 100% employer match about $96,422 at 4% or $64,281 at 6%.
Garr Tool Company Disability Plan-115---
GARR TOOL COMPANY HEALTH INSURANCE BAN-115---
Garr Tool Company Dental Plan-106---
19993111$10,802,523$845,248$7,615iApproximate average salary by contribution assumption: employee only about $190,371 at 4% or $126,914 at 6%; with 50% employer match about $126,914 at 4% or $84,609 at 6%; with 100% employer match about $95,186 at 4% or $63,457 at 6%.
Garr Tool Company Inc. Employees Profit Sharing/Salary Reduction 4-109$10,802,523$845,248$7,755iApproximate average salary by contribution assumption: employee only about $193,864 at 4% or $129,243 at 6%; with 50% employer match about $129,243 at 4% or $86,162 at 6%; with 100% employer match about $96,932 at 4% or $64,621 at 6%.
Garr Tool Company Disability Plan-111---
Garr Tool Company Dental Plan-110---