HECO INC. INDUSTRIAL SERVICE GROUPS
Plan context: Heco Profit Sharing and Retirement Savings Plan
EIN 38-1817538 • Kalamazoo, MI • 26 filings • 1 plans
Current Snapshot
Latest Year
2024
2024 Participants
106
2024 Assets
$6,382,520
2024 Contributions
$603,921
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 | 106 | $6,382,520 | $603,921 | $5,697iApproximate average salary by contribution assumption: employee only about $142,434 at 4% or $94,956 at 6%; with 50% employer match about $94,956 at 4% or $63,304 at 6%; with 100% employer match about $71,217 at 4% or $47,478 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 106 | $6,382,520 | $603,921 | $5,697iApproximate average salary by contribution assumption: employee only about $142,434 at 4% or $94,956 at 6%; with 50% employer match about $94,956 at 4% or $63,304 at 6%; with 100% employer match about $71,217 at 4% or $47,478 at 6%. |
| 2023 | 1 | 77 | $5,270,884 | $567,324 | $7,368iApproximate average salary by contribution assumption: employee only about $184,196 at 4% or $122,797 at 6%; with 50% employer match about $122,797 at 4% or $81,865 at 6%; with 100% employer match about $92,098 at 4% or $61,399 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 77 | $5,270,884 | $567,324 | $7,368iApproximate average salary by contribution assumption: employee only about $184,196 at 4% or $122,797 at 6%; with 50% employer match about $122,797 at 4% or $81,865 at 6%; with 100% employer match about $92,098 at 4% or $61,399 at 6%. |
| 2022 | 1 | 84 | $4,922,273 | $510,881 | $6,082iApproximate average salary by contribution assumption: employee only about $152,048 at 4% or $101,365 at 6%; with 50% employer match about $101,365 at 4% or $67,577 at 6%; with 100% employer match about $76,024 at 4% or $50,683 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 84 | $4,922,273 | $510,881 | $6,082iApproximate average salary by contribution assumption: employee only about $152,048 at 4% or $101,365 at 6%; with 50% employer match about $101,365 at 4% or $67,577 at 6%; with 100% employer match about $76,024 at 4% or $50,683 at 6%. |
| 2021 | 1 | 74 | $7,895,789 | $458,164 | $6,191iApproximate average salary by contribution assumption: employee only about $154,785 at 4% or $103,190 at 6%; with 50% employer match about $103,190 at 4% or $68,793 at 6%; with 100% employer match about $77,393 at 4% or $51,595 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 74 | $7,895,789 | $458,164 | $6,191iApproximate average salary by contribution assumption: employee only about $154,785 at 4% or $103,190 at 6%; with 50% employer match about $103,190 at 4% or $68,793 at 6%; with 100% employer match about $77,393 at 4% or $51,595 at 6%. |
| 2020 | 1 | 74 | $7,010,616 | $463,980 | $6,270iApproximate average salary by contribution assumption: employee only about $156,750 at 4% or $104,500 at 6%; with 50% employer match about $104,500 at 4% or $69,667 at 6%; with 100% employer match about $78,375 at 4% or $52,250 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 74 | $7,010,616 | $463,980 | $6,270iApproximate average salary by contribution assumption: employee only about $156,750 at 4% or $104,500 at 6%; with 50% employer match about $104,500 at 4% or $69,667 at 6%; with 100% employer match about $78,375 at 4% or $52,250 at 6%. |
| 2019 | 1 | 71 | $6,705,677 | $431,460 | $6,077iApproximate average salary by contribution assumption: employee only about $151,923 at 4% or $101,282 at 6%; with 50% employer match about $101,282 at 4% or $67,521 at 6%; with 100% employer match about $75,961 at 4% or $50,641 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 71 | $6,705,677 | $431,460 | $6,077iApproximate average salary by contribution assumption: employee only about $151,923 at 4% or $101,282 at 6%; with 50% employer match about $101,282 at 4% or $67,521 at 6%; with 100% employer match about $75,961 at 4% or $50,641 at 6%. |
| 2018 | 1 | 63 | $5,791,629 | $376,042 | $5,969iApproximate average salary by contribution assumption: employee only about $149,223 at 4% or $99,482 at 6%; with 50% employer match about $99,482 at 4% or $66,321 at 6%; with 100% employer match about $74,612 at 4% or $49,741 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 63 | $5,791,629 | $376,042 | $5,969iApproximate average salary by contribution assumption: employee only about $149,223 at 4% or $99,482 at 6%; with 50% employer match about $99,482 at 4% or $66,321 at 6%; with 100% employer match about $74,612 at 4% or $49,741 at 6%. |
| 2017 | 1 | 63 | $5,967,595 | $385,870 | $6,125iApproximate average salary by contribution assumption: employee only about $153,123 at 4% or $102,082 at 6%; with 50% employer match about $102,082 at 4% or $68,055 at 6%; with 100% employer match about $76,562 at 4% or $51,041 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 63 | $5,967,595 | $385,870 | $6,125iApproximate average salary by contribution assumption: employee only about $153,123 at 4% or $102,082 at 6%; with 50% employer match about $102,082 at 4% or $68,055 at 6%; with 100% employer match about $76,562 at 4% or $51,041 at 6%. |
| 2016 | 1 | 50 | $4,926,593 | $359,539 | $7,191iApproximate average salary by contribution assumption: employee only about $179,770 at 4% or $119,846 at 6%; with 50% employer match about $119,846 at 4% or $79,898 at 6%; with 100% employer match about $89,885 at 4% or $59,923 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 50 | $4,926,593 | $359,539 | $7,191iApproximate average salary by contribution assumption: employee only about $179,770 at 4% or $119,846 at 6%; with 50% employer match about $119,846 at 4% or $79,898 at 6%; with 100% employer match about $89,885 at 4% or $59,923 at 6%. |
| 2015 | 1 | 50 | $4,908,245 | $523,461 | $10,469iApproximate average salary by contribution assumption: employee only about $261,730 at 4% or $174,487 at 6%; with 50% employer match about $174,487 at 4% or $116,325 at 6%; with 100% employer match about $130,865 at 4% or $87,244 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 50 | $4,908,245 | $523,461 | $10,469iApproximate average salary by contribution assumption: employee only about $261,730 at 4% or $174,487 at 6%; with 50% employer match about $174,487 at 4% or $116,325 at 6%; with 100% employer match about $130,865 at 4% or $87,244 at 6%. |
| 2014 | 1 | 50 | $4,660,194 | $357,573 | $7,151iApproximate average salary by contribution assumption: employee only about $178,787 at 4% or $119,191 at 6%; with 50% employer match about $119,191 at 4% or $79,461 at 6%; with 100% employer match about $89,393 at 4% or $59,596 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 50 | $4,660,194 | $357,573 | $7,151iApproximate average salary by contribution assumption: employee only about $178,787 at 4% or $119,191 at 6%; with 50% employer match about $119,191 at 4% or $79,461 at 6%; with 100% employer match about $89,393 at 4% or $59,596 at 6%. |
| 2013 | 1 | 49 | $4,488,420 | $356,723 | $7,280iApproximate average salary by contribution assumption: employee only about $182,002 at 4% or $121,334 at 6%; with 50% employer match about $121,334 at 4% or $80,890 at 6%; with 100% employer match about $91,001 at 4% or $60,667 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 49 | $4,488,420 | $356,723 | $7,280iApproximate average salary by contribution assumption: employee only about $182,002 at 4% or $121,334 at 6%; with 50% employer match about $121,334 at 4% or $80,890 at 6%; with 100% employer match about $91,001 at 4% or $60,667 at 6%. |
| 2012 | 1 | 52 | $3,720,019 | $371,052 | $7,136iApproximate average salary by contribution assumption: employee only about $178,390 at 4% or $118,927 at 6%; with 50% employer match about $118,927 at 4% or $79,285 at 6%; with 100% employer match about $89,195 at 4% or $59,463 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 52 | $3,720,019 | $371,052 | $7,136iApproximate average salary by contribution assumption: employee only about $178,390 at 4% or $118,927 at 6%; with 50% employer match about $118,927 at 4% or $79,285 at 6%; with 100% employer match about $89,195 at 4% or $59,463 at 6%. |
| 2011 | 1 | 50 | $2,916,690 | $301,291 | $6,026iApproximate average salary by contribution assumption: employee only about $150,646 at 4% or $100,430 at 6%; with 50% employer match about $100,430 at 4% or $66,954 at 6%; with 100% employer match about $75,323 at 4% or $50,215 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 50 | $2,916,690 | $301,291 | $6,026iApproximate average salary by contribution assumption: employee only about $150,646 at 4% or $100,430 at 6%; with 50% employer match about $100,430 at 4% or $66,954 at 6%; with 100% employer match about $75,323 at 4% or $50,215 at 6%. |
| 2010 | 1 | 50 | $2,898,796 | $324,572 | $6,491iApproximate average salary by contribution assumption: employee only about $162,286 at 4% or $108,191 at 6%; with 50% employer match about $108,191 at 4% or $72,127 at 6%; with 100% employer match about $81,143 at 4% or $54,095 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 50 | $2,898,796 | $324,572 | $6,491iApproximate average salary by contribution assumption: employee only about $162,286 at 4% or $108,191 at 6%; with 50% employer match about $108,191 at 4% or $72,127 at 6%; with 100% employer match about $81,143 at 4% or $54,095 at 6%. |
| 2009 | 1 | 42 | $2,597,799 | $226,406 | $5,391iApproximate average salary by contribution assumption: employee only about $134,765 at 4% or $89,844 at 6%; with 50% employer match about $89,844 at 4% or $59,896 at 6%; with 100% employer match about $67,383 at 4% or $44,922 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 42 | $2,597,799 | $226,406 | $5,391iApproximate average salary by contribution assumption: employee only about $134,765 at 4% or $89,844 at 6%; with 50% employer match about $89,844 at 4% or $59,896 at 6%; with 100% employer match about $67,383 at 4% or $44,922 at 6%. |
| 2008 | 1 | 42 | $2,035,819 | $244,516 | $5,822iApproximate average salary by contribution assumption: employee only about $145,545 at 4% or $97,030 at 6%; with 50% employer match about $97,030 at 4% or $64,687 at 6%; with 100% employer match about $72,773 at 4% or $48,515 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 42 | $2,035,819 | $244,516 | $5,822iApproximate average salary by contribution assumption: employee only about $145,545 at 4% or $97,030 at 6%; with 50% employer match about $97,030 at 4% or $64,687 at 6%; with 100% employer match about $72,773 at 4% or $48,515 at 6%. |
| 2007 | 1 | 42 | $3,303,620 | $228,480 | $5,440iApproximate average salary by contribution assumption: employee only about $136,000 at 4% or $90,667 at 6%; with 50% employer match about $90,667 at 4% or $60,444 at 6%; with 100% employer match about $68,000 at 4% or $45,333 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 42 | $3,303,620 | $228,480 | $5,440iApproximate average salary by contribution assumption: employee only about $136,000 at 4% or $90,667 at 6%; with 50% employer match about $90,667 at 4% or $60,444 at 6%; with 100% employer match about $68,000 at 4% or $45,333 at 6%. |
| 2006 | 1 | 38 | $2,913,034 | $222,233 | $5,848iApproximate average salary by contribution assumption: employee only about $146,206 at 4% or $97,471 at 6%; with 50% employer match about $97,471 at 4% or $64,980 at 6%; with 100% employer match about $73,103 at 4% or $48,735 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 38 | $2,913,034 | $222,233 | $5,848iApproximate average salary by contribution assumption: employee only about $146,206 at 4% or $97,471 at 6%; with 50% employer match about $97,471 at 4% or $64,980 at 6%; with 100% employer match about $73,103 at 4% or $48,735 at 6%. |
| 2005 | 1 | 39 | $2,544,266 | $194,516 | $4,988iApproximate average salary by contribution assumption: employee only about $124,690 at 4% or $83,126 at 6%; with 50% employer match about $83,126 at 4% or $55,418 at 6%; with 100% employer match about $62,345 at 4% or $41,563 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 39 | $2,544,266 | $194,516 | $4,988iApproximate average salary by contribution assumption: employee only about $124,690 at 4% or $83,126 at 6%; with 50% employer match about $83,126 at 4% or $55,418 at 6%; with 100% employer match about $62,345 at 4% or $41,563 at 6%. |
| 2004 | 1 | 30 | $2,080,914 | $116,141 | $3,871iApproximate average salary by contribution assumption: employee only about $96,784 at 4% or $64,523 at 6%; with 50% employer match about $64,523 at 4% or $43,015 at 6%; with 100% employer match about $48,392 at 4% or $32,261 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 30 | $2,080,914 | $116,141 | $3,871iApproximate average salary by contribution assumption: employee only about $96,784 at 4% or $64,523 at 6%; with 50% employer match about $64,523 at 4% or $43,015 at 6%; with 100% employer match about $48,392 at 4% or $32,261 at 6%. |
| 2003 | 1 | 35 | $1,950,311 | $126,322 | $3,609iApproximate average salary by contribution assumption: employee only about $90,230 at 4% or $60,153 at 6%; with 50% employer match about $60,153 at 4% or $40,102 at 6%; with 100% employer match about $45,115 at 4% or $30,077 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 35 | $1,950,311 | $126,322 | $3,609iApproximate average salary by contribution assumption: employee only about $90,230 at 4% or $60,153 at 6%; with 50% employer match about $60,153 at 4% or $40,102 at 6%; with 100% employer match about $45,115 at 4% or $30,077 at 6%. |
| 2002 | 1 | 35 | $1,596,026 | $147,067 | $4,202iApproximate average salary by contribution assumption: employee only about $105,048 at 4% or $70,032 at 6%; with 50% employer match about $70,032 at 4% or $46,688 at 6%; with 100% employer match about $52,524 at 4% or $35,016 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 35 | $1,596,026 | $147,067 | $4,202iApproximate average salary by contribution assumption: employee only about $105,048 at 4% or $70,032 at 6%; with 50% employer match about $70,032 at 4% or $46,688 at 6%; with 100% employer match about $52,524 at 4% or $35,016 at 6%. |
| 2001 | 1 | 47 | $0 | $0 | - |
| Heco Profit Sharing and Retirement Savings Plan | - | 47 | - | - | - |
| 2000 | 1 | 50 | $1,952,206 | $199,545 | $3,991iApproximate average salary by contribution assumption: employee only about $99,773 at 4% or $66,515 at 6%; with 50% employer match about $66,515 at 4% or $44,343 at 6%; with 100% employer match about $49,886 at 4% or $33,258 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 50 | $1,952,206 | $199,545 | $3,991iApproximate average salary by contribution assumption: employee only about $99,773 at 4% or $66,515 at 6%; with 50% employer match about $66,515 at 4% or $44,343 at 6%; with 100% employer match about $49,886 at 4% or $33,258 at 6%. |
| 1999 | 1 | 54 | $2,016,240 | $214,776 | $3,977iApproximate average salary by contribution assumption: employee only about $99,433 at 4% or $66,289 at 6%; with 50% employer match about $66,289 at 4% or $44,193 at 6%; with 100% employer match about $49,717 at 4% or $33,144 at 6%. |
| Heco Profit Sharing and Retirement Savings Plan | - | 54 | $2,016,240 | $214,776 | $3,977iApproximate average salary by contribution assumption: employee only about $99,433 at 4% or $66,289 at 6%; with 50% employer match about $66,289 at 4% or $44,193 at 6%; with 100% employer match about $49,717 at 4% or $33,144 at 6%. |