Civic Intelligence

Grand Traverse Machine Company

Plan context: Grand Traverse Machine Company 401(K) Profit Sharing Plan

EIN 38-1914182 • Traverse City, MI • 25 filings • 3 plans

1247 Boon StreetTraverse City, MI 49686
Current Snapshot

Latest Year

2024

2024 Participants

40

2024 Assets

$1,813,359

2024 Contributions

$261,287

Historical Graphs

Total Assets Over Time

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

$3,116,050$1,558,025$0200420152024YearValue
$1,813,359Latest year 2024

Participants Over Time

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

67340200020122024YearValue
40Latest 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
2024140$1,813,359$261,287$6,532iApproximate average salary by contribution assumption: employee only about $163,304 at 4% or $108,870 at 6%; with 50% employer match about $108,870 at 4% or $72,580 at 6%; with 100% employer match about $81,652 at 4% or $54,435 at 6%.
Grand Traverse Machine Company 401(K) Profit Sharing Plan-40$1,813,359$261,287$6,532iApproximate average salary by contribution assumption: employee only about $163,304 at 4% or $108,870 at 6%; with 50% employer match about $108,870 at 4% or $72,580 at 6%; with 100% employer match about $81,652 at 4% or $54,435 at 6%.
2023111$1,487,878$225,223$20,475iApproximate average salary by contribution assumption: employee only about $511,870 at 4% or $341,247 at 6%; with 50% employer match about $341,247 at 4% or $227,498 at 6%; with 100% employer match about $255,935 at 4% or $170,623 at 6%.
Grand Traverse Machine Company 401(K) Profit Sharing Plan-11$1,487,878$225,223$20,475iApproximate average salary by contribution assumption: employee only about $511,870 at 4% or $341,247 at 6%; with 50% employer match about $341,247 at 4% or $227,498 at 6%; with 100% employer match about $255,935 at 4% or $170,623 at 6%.
2022133$2,202,296$154,370$4,678iApproximate average salary by contribution assumption: employee only about $116,947 at 4% or $77,965 at 6%; with 50% employer match about $77,965 at 4% or $51,976 at 6%; with 100% employer match about $58,473 at 4% or $38,982 at 6%.
Grand Traverse Machine Company 401(K) Profit Sharing Plan-33$2,202,296$154,370$4,678iApproximate average salary by contribution assumption: employee only about $116,947 at 4% or $77,965 at 6%; with 50% employer match about $77,965 at 4% or $51,976 at 6%; with 100% employer match about $58,473 at 4% or $38,982 at 6%.
2021136$3,116,050$167,680$4,658iApproximate average salary by contribution assumption: employee only about $116,444 at 4% or $77,630 at 6%; with 50% employer match about $77,630 at 4% or $51,753 at 6%; with 100% employer match about $58,222 at 4% or $38,815 at 6%.
Grand Traverse Machine Company 401(K) Profit Sharing Plan-36$3,116,050$167,680$4,658iApproximate average salary by contribution assumption: employee only about $116,444 at 4% or $77,630 at 6%; with 50% employer match about $77,630 at 4% or $51,753 at 6%; with 100% employer match about $58,222 at 4% or $38,815 at 6%.
2020138$2,770,223$160,507$4,224iApproximate average salary by contribution assumption: employee only about $105,597 at 4% or $70,398 at 6%; with 50% employer match about $70,398 at 4% or $46,932 at 6%; with 100% employer match about $52,798 at 4% or $35,199 at 6%.
Grand Traverse Machine Company 401(K) Profit Sharing Plan-38$2,770,223$160,507$4,224iApproximate average salary by contribution assumption: employee only about $105,597 at 4% or $70,398 at 6%; with 50% employer match about $70,398 at 4% or $46,932 at 6%; with 100% employer match about $52,798 at 4% or $35,199 at 6%.
2019142$2,398,680$90,670$2,159iApproximate average salary by contribution assumption: employee only about $53,970 at 4% or $35,980 at 6%; with 50% employer match about $35,980 at 4% or $23,987 at 6%; with 100% employer match about $26,985 at 4% or $17,990 at 6%.
Grand Traverse Machine Company 401(K) Profit Sharing Plan-42$2,398,680$90,670$2,159iApproximate average salary by contribution assumption: employee only about $53,970 at 4% or $35,980 at 6%; with 50% employer match about $35,980 at 4% or $23,987 at 6%; with 100% employer match about $26,985 at 4% or $17,990 at 6%.
2018132$1,882,450$72,390$2,262iApproximate average salary by contribution assumption: employee only about $56,555 at 4% or $37,703 at 6%; with 50% employer match about $37,703 at 4% or $25,135 at 6%; with 100% employer match about $28,277 at 4% or $18,852 at 6%.
Grand Traverse Machine Company 401(K) Profit Sharing Plan-32$1,882,450$72,390$2,262iApproximate average salary by contribution assumption: employee only about $56,555 at 4% or $37,703 at 6%; with 50% employer match about $37,703 at 4% or $25,135 at 6%; with 100% employer match about $28,277 at 4% or $18,852 at 6%.
2017133$1,932,819$55,460$1,681iApproximate average salary by contribution assumption: employee only about $42,015 at 4% or $28,010 at 6%; with 50% employer match about $28,010 at 4% or $18,673 at 6%; with 100% employer match about $21,008 at 4% or $14,005 at 6%.
Grand Traverse Machine Company 401(K) Profit Sharing Plan-33$1,932,819$55,460$1,681iApproximate average salary by contribution assumption: employee only about $42,015 at 4% or $28,010 at 6%; with 50% employer match about $28,010 at 4% or $18,673 at 6%; with 100% employer match about $21,008 at 4% or $14,005 at 6%.
2016133$1,585,477$60,900$1,845iApproximate average salary by contribution assumption: employee only about $46,136 at 4% or $30,758 at 6%; with 50% employer match about $30,758 at 4% or $20,505 at 6%; with 100% employer match about $23,068 at 4% or $15,379 at 6%.
Grand Traverse Machine Company 401(K) Profit Sharing Plan-33$1,585,477$60,900$1,845iApproximate average salary by contribution assumption: employee only about $46,136 at 4% or $30,758 at 6%; with 50% employer match about $30,758 at 4% or $20,505 at 6%; with 100% employer match about $23,068 at 4% or $15,379 at 6%.
2015139$1,511,197$81,257$2,084iApproximate average salary by contribution assumption: employee only about $52,088 at 4% or $34,725 at 6%; with 50% employer match about $34,725 at 4% or $23,150 at 6%; with 100% employer match about $26,044 at 4% or $17,363 at 6%.
Grand Traverse Machine Company 401(K) Profit Sharing Plan-39$1,511,197$81,257$2,084iApproximate average salary by contribution assumption: employee only about $52,088 at 4% or $34,725 at 6%; with 50% employer match about $34,725 at 4% or $23,150 at 6%; with 100% employer match about $26,044 at 4% or $17,363 at 6%.
2014143$1,740,909$94,364$2,195iApproximate average salary by contribution assumption: employee only about $54,863 at 4% or $36,575 at 6%; with 50% employer match about $36,575 at 4% or $24,383 at 6%; with 100% employer match about $27,431 at 4% or $18,288 at 6%.
Grand Traverse Machine Company 401(K) Profit Sharing Plan-43$1,740,909$94,364$2,195iApproximate average salary by contribution assumption: employee only about $54,863 at 4% or $36,575 at 6%; with 50% employer match about $36,575 at 4% or $24,383 at 6%; with 100% employer match about $27,431 at 4% or $18,288 at 6%.
2013150$1,681,972$117,457$2,349iApproximate average salary by contribution assumption: employee only about $58,728 at 4% or $39,152 at 6%; with 50% employer match about $39,152 at 4% or $26,102 at 6%; with 100% employer match about $29,364 at 4% or $19,576 at 6%.
Grand Traverse Machine Company 401(K) Profit Sharing Plan-50$1,681,972$117,457$2,349iApproximate average salary by contribution assumption: employee only about $58,728 at 4% or $39,152 at 6%; with 50% employer match about $39,152 at 4% or $26,102 at 6%; with 100% employer match about $29,364 at 4% or $19,576 at 6%.
2012167$1,343,438$148,122$2,211iApproximate average salary by contribution assumption: employee only about $55,269 at 4% or $36,846 at 6%; with 50% employer match about $36,846 at 4% or $24,564 at 6%; with 100% employer match about $27,635 at 4% or $18,423 at 6%.
Grand Traverse Machine Company 401(K) Profit Sharing Plan-67$1,343,438$148,122$2,211iApproximate average salary by contribution assumption: employee only about $55,269 at 4% or $36,846 at 6%; with 50% employer match about $36,846 at 4% or $24,564 at 6%; with 100% employer match about $27,635 at 4% or $18,423 at 6%.
2011154$1,137,283$140,634$2,604iApproximate average salary by contribution assumption: employee only about $65,108 at 4% or $43,406 at 6%; with 50% employer match about $43,406 at 4% or $28,937 at 6%; with 100% employer match about $32,554 at 4% or $21,703 at 6%.
Grand Traverse Machine Company 401(K) Profit Sharing Plan-54$1,137,283$140,634$2,604iApproximate average salary by contribution assumption: employee only about $65,108 at 4% or $43,406 at 6%; with 50% employer match about $43,406 at 4% or $28,937 at 6%; with 100% employer match about $32,554 at 4% or $21,703 at 6%.
2010158$1,066,459$152,217$2,624iApproximate average salary by contribution assumption: employee only about $65,611 at 4% or $43,741 at 6%; with 50% employer match about $43,741 at 4% or $29,160 at 6%; with 100% employer match about $32,805 at 4% or $21,870 at 6%.
Grand Traverse Machine Company 401(K) Profit Sharing Plan-58$1,066,459$152,217$2,624iApproximate average salary by contribution assumption: employee only about $65,611 at 4% or $43,741 at 6%; with 50% employer match about $43,741 at 4% or $29,160 at 6%; with 100% employer match about $32,805 at 4% or $21,870 at 6%.
2009139$858,781$96,567$2,476iApproximate average salary by contribution assumption: employee only about $61,902 at 4% or $41,268 at 6%; with 50% employer match about $41,268 at 4% or $27,512 at 6%; with 100% employer match about $30,951 at 4% or $20,634 at 6%.
Grand Traverse Machine Company 401(K) Profit Sharing Plan-39$858,781$96,567$2,476iApproximate average salary by contribution assumption: employee only about $61,902 at 4% or $41,268 at 6%; with 50% employer match about $41,268 at 4% or $27,512 at 6%; with 100% employer match about $30,951 at 4% or $20,634 at 6%.
2008142$745,769$166,960$3,975iApproximate average salary by contribution assumption: employee only about $99,381 at 4% or $66,254 at 6%; with 50% employer match about $66,254 at 4% or $44,169 at 6%; with 100% employer match about $49,690 at 4% or $33,127 at 6%.
Grand Traverse Machine Company 401(K) Profit Sharing Plan-42$745,769$166,960$3,975iApproximate average salary by contribution assumption: employee only about $99,381 at 4% or $66,254 at 6%; with 50% employer match about $66,254 at 4% or $44,169 at 6%; with 100% employer match about $49,690 at 4% or $33,127 at 6%.
2007139$0$0-
Grand Traverse Machine Company 401(K) Profit Sharing Plan-39---
2006132$834,657$51,665$1,615iApproximate average salary by contribution assumption: employee only about $40,363 at 4% or $26,909 at 6%; with 50% employer match about $26,909 at 4% or $17,939 at 6%; with 100% employer match about $20,182 at 4% or $13,454 at 6%.
Grand Traverse Machine Company 401(K) Profit Sharing Plan-32$834,657$51,665$1,615iApproximate average salary by contribution assumption: employee only about $40,363 at 4% or $26,909 at 6%; with 50% employer match about $26,909 at 4% or $17,939 at 6%; with 100% employer match about $20,182 at 4% or $13,454 at 6%.
2005126$724,375$53,962$2,075iApproximate average salary by contribution assumption: employee only about $51,887 at 4% or $34,591 at 6%; with 50% employer match about $34,591 at 4% or $23,061 at 6%; with 100% employer match about $25,943 at 4% or $17,296 at 6%.
Grand Traverse Machine Company 401(K) Profit Sharing Plan-26$724,375$53,962$2,075iApproximate average salary by contribution assumption: employee only about $51,887 at 4% or $34,591 at 6%; with 50% employer match about $34,591 at 4% or $23,061 at 6%; with 100% employer match about $25,943 at 4% or $17,296 at 6%.
2004122$738,320$48,211$2,191iApproximate average salary by contribution assumption: employee only about $54,785 at 4% or $36,523 at 6%; with 50% employer match about $36,523 at 4% or $24,349 at 6%; with 100% employer match about $27,393 at 4% or $18,262 at 6%.
Grand Traverse Machine Company 401(K) Profit Sharing Plan-22$738,320$48,211$2,191iApproximate average salary by contribution assumption: employee only about $54,785 at 4% or $36,523 at 6%; with 50% employer match about $36,523 at 4% or $24,349 at 6%; with 100% employer match about $27,393 at 4% or $18,262 at 6%.
2003122$0$0-
Grand Traverse Machine Company 401(K) Profit Sharing Plan-22---
2002124$0$0-
Grand Traverse Machine Company 401(K) Profit Sharing Plan-24---
2001124$0$0-
Grand Traverse Machine Company 401(K) Profit Sharing Plan-24---
2000125$0$0-
Grand Traverse Machine Company 401(K) Profit Sharing Plan-25---