Civic Intelligence

Gerrits Appliance Inc.

Plan context: Gerrits Appliance Inc. Employees Profit Sharing Plan

EIN 38-1989233 • Wyoming, MI • 25 filings • 4 plans

2410 28th Street SWWyoming, MI 49519
Current Snapshot

Latest Year

2023

2023 Participants

58

2023 Assets

$5,009,866

2023 Contributions

$503,731

Historical Graphs

Total Assets Over Time

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

$6,227,510$3,113,755$0199920152023YearValue
$5,009,866Latest year 2023

Participants Over Time

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

58290199920112023YearValue
58Latest year 2023

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
2023158$5,009,866$503,731$8,685iApproximate average salary by contribution assumption: employee only about $217,125 at 4% or $144,750 at 6%; with 50% employer match about $144,750 at 4% or $96,500 at 6%; with 100% employer match about $108,563 at 4% or $72,375 at 6%.
Gerrits Appliance Inc. Employees Profit Sharing Plan-58$5,009,866$503,731$8,685iApproximate average salary by contribution assumption: employee only about $217,125 at 4% or $144,750 at 6%; with 50% employer match about $144,750 at 4% or $96,500 at 6%; with 100% employer match about $108,563 at 4% or $72,375 at 6%.
2022150$3,697,724$326,813$6,536iApproximate average salary by contribution assumption: employee only about $163,407 at 4% or $108,938 at 6%; with 50% employer match about $108,938 at 4% or $72,625 at 6%; with 100% employer match about $81,703 at 4% or $54,469 at 6%.
Gerrits Appliance Inc. Employees Profit Sharing Plan-50$3,697,724$326,813$6,536iApproximate average salary by contribution assumption: employee only about $163,407 at 4% or $108,938 at 6%; with 50% employer match about $108,938 at 4% or $72,625 at 6%; with 100% employer match about $81,703 at 4% or $54,469 at 6%.
2021150$3,222,542$317,806$6,356iApproximate average salary by contribution assumption: employee only about $158,903 at 4% or $105,935 at 6%; with 50% employer match about $105,935 at 4% or $70,624 at 6%; with 100% employer match about $79,452 at 4% or $52,968 at 6%.
Gerrits Appliance Inc. Employees Profit Sharing Plan-50$3,222,542$317,806$6,356iApproximate average salary by contribution assumption: employee only about $158,903 at 4% or $105,935 at 6%; with 50% employer match about $105,935 at 4% or $70,624 at 6%; with 100% employer match about $79,452 at 4% or $52,968 at 6%.
2020154$4,160,018$295,706$5,476iApproximate average salary by contribution assumption: employee only about $136,901 at 4% or $91,267 at 6%; with 50% employer match about $91,267 at 4% or $60,845 at 6%; with 100% employer match about $68,450 at 4% or $45,634 at 6%.
Gerrits Appliance Inc. Employees Profit Sharing Plan-54$4,160,018$295,706$5,476iApproximate average salary by contribution assumption: employee only about $136,901 at 4% or $91,267 at 6%; with 50% employer match about $91,267 at 4% or $60,845 at 6%; with 100% employer match about $68,450 at 4% or $45,634 at 6%.
2019151$3,721,082$246,548$4,834iApproximate average salary by contribution assumption: employee only about $120,857 at 4% or $80,571 at 6%; with 50% employer match about $80,571 at 4% or $53,714 at 6%; with 100% employer match about $60,428 at 4% or $40,286 at 6%.
Gerrits Appliance Inc. Employees Profit Sharing Plan-51$3,721,082$246,548$4,834iApproximate average salary by contribution assumption: employee only about $120,857 at 4% or $80,571 at 6%; with 50% employer match about $80,571 at 4% or $53,714 at 6%; with 100% employer match about $60,428 at 4% or $40,286 at 6%.
2018149$3,268,344$225,194$4,596iApproximate average salary by contribution assumption: employee only about $114,895 at 4% or $76,597 at 6%; with 50% employer match about $76,597 at 4% or $51,064 at 6%; with 100% employer match about $57,447 at 4% or $38,298 at 6%.
Gerrits Appliance Inc. Employees Profit Sharing Plan-49$3,268,344$225,194$4,596iApproximate average salary by contribution assumption: employee only about $114,895 at 4% or $76,597 at 6%; with 50% employer match about $76,597 at 4% or $51,064 at 6%; with 100% employer match about $57,447 at 4% or $38,298 at 6%.
2017149$2,946,772$203,992$4,163iApproximate average salary by contribution assumption: employee only about $104,078 at 4% or $69,385 at 6%; with 50% employer match about $69,385 at 4% or $46,257 at 6%; with 100% employer match about $52,039 at 4% or $34,693 at 6%.
Gerrits Appliance Inc. Employees Profit Sharing Plan-49$2,946,772$203,992$4,163iApproximate average salary by contribution assumption: employee only about $104,078 at 4% or $69,385 at 6%; with 50% employer match about $69,385 at 4% or $46,257 at 6%; with 100% employer match about $52,039 at 4% or $34,693 at 6%.
2016150$2,612,705$177,104$3,542iApproximate average salary by contribution assumption: employee only about $88,552 at 4% or $59,035 at 6%; with 50% employer match about $59,035 at 4% or $39,356 at 6%; with 100% employer match about $44,276 at 4% or $29,517 at 6%.
Gerrits Appliance Inc. Employees Profit Sharing Plan-50$2,612,705$177,104$3,542iApproximate average salary by contribution assumption: employee only about $88,552 at 4% or $59,035 at 6%; with 50% employer match about $59,035 at 4% or $39,356 at 6%; with 100% employer match about $44,276 at 4% or $29,517 at 6%.
2015142$2,279,472$153,489$3,655iApproximate average salary by contribution assumption: employee only about $91,363 at 4% or $60,908 at 6%; with 50% employer match about $60,908 at 4% or $40,606 at 6%; with 100% employer match about $45,681 at 4% or $30,454 at 6%.
Gerrits Appliance Inc. Employees Profit Sharing Plan-42$2,279,472$153,489$3,655iApproximate average salary by contribution assumption: employee only about $91,363 at 4% or $60,908 at 6%; with 50% employer match about $60,908 at 4% or $40,606 at 6%; with 100% employer match about $45,681 at 4% or $30,454 at 6%.
2014140$2,051,078$128,896$3,222iApproximate average salary by contribution assumption: employee only about $80,560 at 4% or $53,707 at 6%; with 50% employer match about $53,707 at 4% or $35,804 at 6%; with 100% employer match about $40,280 at 4% or $26,853 at 6%.
Gerrits Appliance Inc. Employees Profit Sharing Plan-40$2,051,078$128,896$3,222iApproximate average salary by contribution assumption: employee only about $80,560 at 4% or $53,707 at 6%; with 50% employer match about $53,707 at 4% or $35,804 at 6%; with 100% employer match about $40,280 at 4% or $26,853 at 6%.
2013137$2,424,590$99,331$2,685iApproximate average salary by contribution assumption: employee only about $67,116 at 4% or $44,744 at 6%; with 50% employer match about $44,744 at 4% or $29,829 at 6%; with 100% employer match about $33,558 at 4% or $22,372 at 6%.
Gerrits Appliance Inc. Employees Profit Sharing Plan-37$2,424,590$99,331$2,685iApproximate average salary by contribution assumption: employee only about $67,116 at 4% or $44,744 at 6%; with 50% employer match about $44,744 at 4% or $29,829 at 6%; with 100% employer match about $33,558 at 4% or $22,372 at 6%.
2012137$2,584,834$85,459$2,310iApproximate average salary by contribution assumption: employee only about $57,743 at 4% or $38,495 at 6%; with 50% employer match about $38,495 at 4% or $25,663 at 6%; with 100% employer match about $28,871 at 4% or $19,248 at 6%.
Gerrits Appliance Inc. Employees Profit Sharing Plan-37$2,584,834$85,459$2,310iApproximate average salary by contribution assumption: employee only about $57,743 at 4% or $38,495 at 6%; with 50% employer match about $38,495 at 4% or $25,663 at 6%; with 100% employer match about $28,871 at 4% or $19,248 at 6%.
2011135$2,357,103$66,218$1,892iApproximate average salary by contribution assumption: employee only about $47,299 at 4% or $31,532 at 6%; with 50% employer match about $31,532 at 4% or $21,022 at 6%; with 100% employer match about $23,649 at 4% or $15,766 at 6%.
Gerrits Appliance Inc. Employees Profit Sharing Plan-35$2,357,103$66,218$1,892iApproximate average salary by contribution assumption: employee only about $47,299 at 4% or $31,532 at 6%; with 50% employer match about $31,532 at 4% or $21,022 at 6%; with 100% employer match about $23,649 at 4% or $15,766 at 6%.
2010131$2,051,060$51,380$1,657iApproximate average salary by contribution assumption: employee only about $41,435 at 4% or $27,624 at 6%; with 50% employer match about $27,624 at 4% or $18,416 at 6%; with 100% employer match about $20,718 at 4% or $13,812 at 6%.
Gerrits Appliance Inc. Employees Profit Sharing Plan-31$2,051,060$51,380$1,657iApproximate average salary by contribution assumption: employee only about $41,435 at 4% or $27,624 at 6%; with 50% employer match about $27,624 at 4% or $18,416 at 6%; with 100% employer match about $20,718 at 4% or $13,812 at 6%.
2009128$2,031,538$34,804$1,243iApproximate average salary by contribution assumption: employee only about $31,075 at 4% or $20,717 at 6%; with 50% employer match about $20,717 at 4% or $13,811 at 6%; with 100% employer match about $15,538 at 4% or $10,358 at 6%.
Gerrits Appliance Inc. Employees Profit Sharing Plan-28$2,031,538$34,804$1,243iApproximate average salary by contribution assumption: employee only about $31,075 at 4% or $20,717 at 6%; with 50% employer match about $20,717 at 4% or $13,811 at 6%; with 100% employer match about $15,538 at 4% or $10,358 at 6%.
2008124$0$0-
Gerrits Appliance Inc. Employees Profit Sharing Plan-24---
2007123$0$0-
Gerrits Appliance Inc. Employees Profit Sharing Plan-23---
2006123$0$0-
Gerrits Appliance Inc. Employees Profit Sharing Plan-23---
2005124$0$0-
Gerrits Appliance Inc. Employees Profit Sharing Plan-24---
2004134$6,227,510$167,479$4,926iApproximate average salary by contribution assumption: employee only about $123,146 at 4% or $82,098 at 6%; with 50% employer match about $82,098 at 4% or $54,732 at 6%; with 100% employer match about $61,573 at 4% or $41,049 at 6%.
Gerrits Appliance Inc. Employees Profit Sharing Plan-34$6,227,510$167,479$4,926iApproximate average salary by contribution assumption: employee only about $123,146 at 4% or $82,098 at 6%; with 50% employer match about $82,098 at 4% or $54,732 at 6%; with 100% employer match about $61,573 at 4% or $41,049 at 6%.
2003134$5,736,655$133,001$3,912iApproximate average salary by contribution assumption: employee only about $97,795 at 4% or $65,197 at 6%; with 50% employer match about $65,197 at 4% or $43,464 at 6%; with 100% employer match about $48,897 at 4% or $32,598 at 6%.
Gerrits Appliance Inc. Employees Profit Sharing Plan-34$5,736,655$133,001$3,912iApproximate average salary by contribution assumption: employee only about $97,795 at 4% or $65,197 at 6%; with 50% employer match about $65,197 at 4% or $43,464 at 6%; with 100% employer match about $48,897 at 4% or $32,598 at 6%.
2002135$0$0-
Gerrits Appliance Inc. Employees Profit Sharing Plan-35---
2001134$0$0-
Gerrits Appliance Inc. Employees Profit Sharing Plan-34---
2000134$0$0-
Gerrits Appliance Inc. Employees Profit Sharing Plan-34---
1999135$5,286,314$183,691$5,248iApproximate average salary by contribution assumption: employee only about $131,208 at 4% or $87,472 at 6%; with 50% employer match about $87,472 at 4% or $58,315 at 6%; with 100% employer match about $65,604 at 4% or $43,736 at 6%.
Gerrits Appliance Inc. Employees Profit Sharing Plan-35$5,286,314$183,691$5,248iApproximate average salary by contribution assumption: employee only about $131,208 at 4% or $87,472 at 6%; with 50% employer match about $87,472 at 4% or $58,315 at 6%; with 100% employer match about $65,604 at 4% or $43,736 at 6%.