Civic Intelligence

Homestead Tool & Machine Inc.

Plan context: Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan

EIN 38-2120609 • Coleman, MI • 24 filings • 6 plans

2618 W. Coolidge RoadColeman, MI 48618
Current Snapshot

Latest Year

2024

2024 Participants

28

2024 Assets

$5,672,299

2024 Contributions

$170,726

Historical Graphs

Total Assets Over Time

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

$5,672,299$2,836,150$0200020132024YearValue
$5,672,299Latest year 2024

Participants Over Time

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

82410200020132024YearValue
28Latest 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
2024128$5,672,299$170,726$6,097iApproximate average salary by contribution assumption: employee only about $152,434 at 4% or $101,623 at 6%; with 50% employer match about $101,623 at 4% or $67,748 at 6%; with 100% employer match about $76,217 at 4% or $50,811 at 6%.
Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan-28$5,672,299$170,726$6,097iApproximate average salary by contribution assumption: employee only about $152,434 at 4% or $101,623 at 6%; with 50% employer match about $101,623 at 4% or $67,748 at 6%; with 100% employer match about $76,217 at 4% or $50,811 at 6%.
2023123$4,925,175$160,425$6,975iApproximate average salary by contribution assumption: employee only about $174,375 at 4% or $116,250 at 6%; with 50% employer match about $116,250 at 4% or $77,500 at 6%; with 100% employer match about $87,188 at 4% or $58,125 at 6%.
Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan-23$4,925,175$160,425$6,975iApproximate average salary by contribution assumption: employee only about $174,375 at 4% or $116,250 at 6%; with 50% employer match about $116,250 at 4% or $77,500 at 6%; with 100% employer match about $87,188 at 4% or $58,125 at 6%.
2022125$4,203,733$155,896$6,236iApproximate average salary by contribution assumption: employee only about $155,896 at 4% or $103,931 at 6%; with 50% employer match about $103,931 at 4% or $69,287 at 6%; with 100% employer match about $77,948 at 4% or $51,965 at 6%.
Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan-25$4,203,733$155,896$6,236iApproximate average salary by contribution assumption: employee only about $155,896 at 4% or $103,931 at 6%; with 50% employer match about $103,931 at 4% or $69,287 at 6%; with 100% employer match about $77,948 at 4% or $51,965 at 6%.
2021125$5,080,865$145,157$5,806iApproximate average salary by contribution assumption: employee only about $145,157 at 4% or $96,771 at 6%; with 50% employer match about $96,771 at 4% or $64,514 at 6%; with 100% employer match about $72,579 at 4% or $48,386 at 6%.
Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan-25$5,080,865$145,157$5,806iApproximate average salary by contribution assumption: employee only about $145,157 at 4% or $96,771 at 6%; with 50% employer match about $96,771 at 4% or $64,514 at 6%; with 100% employer match about $72,579 at 4% or $48,386 at 6%.
2020126$4,381,619$143,609$5,523iApproximate average salary by contribution assumption: employee only about $138,086 at 4% or $92,057 at 6%; with 50% employer match about $92,057 at 4% or $61,371 at 6%; with 100% employer match about $69,043 at 4% or $46,029 at 6%.
Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan-26$4,381,619$143,609$5,523iApproximate average salary by contribution assumption: employee only about $138,086 at 4% or $92,057 at 6%; with 50% employer match about $92,057 at 4% or $61,371 at 6%; with 100% employer match about $69,043 at 4% or $46,029 at 6%.
2019126$3,623,849$126,086$4,849iApproximate average salary by contribution assumption: employee only about $121,237 at 4% or $80,824 at 6%; with 50% employer match about $80,824 at 4% or $53,883 at 6%; with 100% employer match about $60,618 at 4% or $40,412 at 6%.
Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan-26$3,623,849$126,086$4,849iApproximate average salary by contribution assumption: employee only about $121,237 at 4% or $80,824 at 6%; with 50% employer match about $80,824 at 4% or $53,883 at 6%; with 100% employer match about $60,618 at 4% or $40,412 at 6%.
2018127$3,276,862$107,924$3,997iApproximate average salary by contribution assumption: employee only about $99,930 at 4% or $66,620 at 6%; with 50% employer match about $66,620 at 4% or $44,413 at 6%; with 100% employer match about $49,965 at 4% or $33,310 at 6%.
Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan-27$3,276,862$107,924$3,997iApproximate average salary by contribution assumption: employee only about $99,930 at 4% or $66,620 at 6%; with 50% employer match about $66,620 at 4% or $44,413 at 6%; with 100% employer match about $49,965 at 4% or $33,310 at 6%.
2017128$3,448,770$97,103$3,468iApproximate average salary by contribution assumption: employee only about $86,699 at 4% or $57,799 at 6%; with 50% employer match about $57,799 at 4% or $38,533 at 6%; with 100% employer match about $43,350 at 4% or $28,900 at 6%.
Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan-28$3,448,770$97,103$3,468iApproximate average salary by contribution assumption: employee only about $86,699 at 4% or $57,799 at 6%; with 50% employer match about $57,799 at 4% or $38,533 at 6%; with 100% employer match about $43,350 at 4% or $28,900 at 6%.
2016129$2,986,487$99,093$3,417iApproximate average salary by contribution assumption: employee only about $85,425 at 4% or $56,950 at 6%; with 50% employer match about $56,950 at 4% or $37,967 at 6%; with 100% employer match about $42,713 at 4% or $28,475 at 6%.
Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan-29$2,986,487$99,093$3,417iApproximate average salary by contribution assumption: employee only about $85,425 at 4% or $56,950 at 6%; with 50% employer match about $56,950 at 4% or $37,967 at 6%; with 100% employer match about $42,713 at 4% or $28,475 at 6%.
2015138$2,947,708$102,559$2,699iApproximate average salary by contribution assumption: employee only about $67,473 at 4% or $44,982 at 6%; with 50% employer match about $44,982 at 4% or $29,988 at 6%; with 100% employer match about $33,737 at 4% or $22,491 at 6%.
Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan-38$2,947,708$102,559$2,699iApproximate average salary by contribution assumption: employee only about $67,473 at 4% or $44,982 at 6%; with 50% employer match about $44,982 at 4% or $29,988 at 6%; with 100% employer match about $33,737 at 4% or $22,491 at 6%.
2014138$2,944,294$103,203$2,716iApproximate average salary by contribution assumption: employee only about $67,897 at 4% or $45,264 at 6%; with 50% employer match about $45,264 at 4% or $30,176 at 6%; with 100% employer match about $33,948 at 4% or $22,632 at 6%.
Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan-38$2,944,294$103,203$2,716iApproximate average salary by contribution assumption: employee only about $67,897 at 4% or $45,264 at 6%; with 50% employer match about $45,264 at 4% or $30,176 at 6%; with 100% employer match about $33,948 at 4% or $22,632 at 6%.
2013138$2,733,063$93,012$2,448iApproximate average salary by contribution assumption: employee only about $61,192 at 4% or $40,795 at 6%; with 50% employer match about $40,795 at 4% or $27,196 at 6%; with 100% employer match about $30,596 at 4% or $20,397 at 6%.
Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan-38$2,733,063$93,012$2,448iApproximate average salary by contribution assumption: employee only about $61,192 at 4% or $40,795 at 6%; with 50% employer match about $40,795 at 4% or $27,196 at 6%; with 100% employer match about $30,596 at 4% or $20,397 at 6%.
2012141$2,367,029$102,279$2,495iApproximate average salary by contribution assumption: employee only about $62,365 at 4% or $41,577 at 6%; with 50% employer match about $41,577 at 4% or $27,718 at 6%; with 100% employer match about $31,183 at 4% or $20,788 at 6%.
Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan-41$2,367,029$102,279$2,495iApproximate average salary by contribution assumption: employee only about $62,365 at 4% or $41,577 at 6%; with 50% employer match about $41,577 at 4% or $27,718 at 6%; with 100% employer match about $31,183 at 4% or $20,788 at 6%.
2011141$2,115,141$88,039$2,147iApproximate average salary by contribution assumption: employee only about $53,682 at 4% or $35,788 at 6%; with 50% employer match about $35,788 at 4% or $23,859 at 6%; with 100% employer match about $26,841 at 4% or $17,894 at 6%.
Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan-41$2,115,141$88,039$2,147iApproximate average salary by contribution assumption: employee only about $53,682 at 4% or $35,788 at 6%; with 50% employer match about $35,788 at 4% or $23,859 at 6%; with 100% employer match about $26,841 at 4% or $17,894 at 6%.
2010143$2,145,576$104,186$2,423iApproximate average salary by contribution assumption: employee only about $60,573 at 4% or $40,382 at 6%; with 50% employer match about $40,382 at 4% or $26,921 at 6%; with 100% employer match about $30,287 at 4% or $20,191 at 6%.
Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan-43$2,145,576$104,186$2,423iApproximate average salary by contribution assumption: employee only about $60,573 at 4% or $40,382 at 6%; with 50% employer match about $40,382 at 4% or $26,921 at 6%; with 100% employer match about $30,287 at 4% or $20,191 at 6%.
2009144$1,929,391$103,412$2,350iApproximate average salary by contribution assumption: employee only about $58,757 at 4% or $39,171 at 6%; with 50% employer match about $39,171 at 4% or $26,114 at 6%; with 100% employer match about $29,378 at 4% or $19,586 at 6%.
Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan-44$1,929,391$103,412$2,350iApproximate average salary by contribution assumption: employee only about $58,757 at 4% or $39,171 at 6%; with 50% employer match about $39,171 at 4% or $26,114 at 6%; with 100% employer match about $29,378 at 4% or $19,586 at 6%.
2008138$1,633,487$115,107$3,029iApproximate average salary by contribution assumption: employee only about $75,728 at 4% or $50,486 at 6%; with 50% employer match about $50,486 at 4% or $33,657 at 6%; with 100% employer match about $37,864 at 4% or $25,243 at 6%.
Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan-38$1,633,487$115,107$3,029iApproximate average salary by contribution assumption: employee only about $75,728 at 4% or $50,486 at 6%; with 50% employer match about $50,486 at 4% or $33,657 at 6%; with 100% employer match about $37,864 at 4% or $25,243 at 6%.
2007143$2,210,880$109,239$2,540iApproximate average salary by contribution assumption: employee only about $63,511 at 4% or $42,341 at 6%; with 50% employer match about $42,341 at 4% or $28,227 at 6%; with 100% employer match about $31,756 at 4% or $21,170 at 6%.
Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan-43$2,210,880$109,239$2,540iApproximate average salary by contribution assumption: employee only about $63,511 at 4% or $42,341 at 6%; with 50% employer match about $42,341 at 4% or $28,227 at 6%; with 100% employer match about $31,756 at 4% or $21,170 at 6%.
2006157$2,042,068$121,486$2,131iApproximate average salary by contribution assumption: employee only about $53,283 at 4% or $35,522 at 6%; with 50% employer match about $35,522 at 4% or $23,681 at 6%; with 100% employer match about $26,642 at 4% or $17,761 at 6%.
Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan-57$2,042,068$121,486$2,131iApproximate average salary by contribution assumption: employee only about $53,283 at 4% or $35,522 at 6%; with 50% employer match about $35,522 at 4% or $23,681 at 6%; with 100% employer match about $26,642 at 4% or $17,761 at 6%.
2004169$1,642,859$134,441$1,948iApproximate average salary by contribution assumption: employee only about $48,711 at 4% or $32,474 at 6%; with 50% employer match about $32,474 at 4% or $21,649 at 6%; with 100% employer match about $24,355 at 4% or $16,237 at 6%.
Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan-69$1,642,859$134,441$1,948iApproximate average salary by contribution assumption: employee only about $48,711 at 4% or $32,474 at 6%; with 50% employer match about $32,474 at 4% or $21,649 at 6%; with 100% employer match about $24,355 at 4% or $16,237 at 6%.
2003177$1,396,011$149,158$1,937iApproximate average salary by contribution assumption: employee only about $48,428 at 4% or $32,285 at 6%; with 50% employer match about $32,285 at 4% or $21,524 at 6%; with 100% employer match about $24,214 at 4% or $16,143 at 6%.
Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan-77$1,396,011$149,158$1,937iApproximate average salary by contribution assumption: employee only about $48,428 at 4% or $32,285 at 6%; with 50% employer match about $32,285 at 4% or $21,524 at 6%; with 100% employer match about $24,214 at 4% or $16,143 at 6%.
2002169$1,117,659$143,200$2,075iApproximate average salary by contribution assumption: employee only about $51,884 at 4% or $34,589 at 6%; with 50% employer match about $34,589 at 4% or $23,060 at 6%; with 100% employer match about $25,942 at 4% or $17,295 at 6%.
Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan-69$1,117,659$143,200$2,075iApproximate average salary by contribution assumption: employee only about $51,884 at 4% or $34,589 at 6%; with 50% employer match about $34,589 at 4% or $23,060 at 6%; with 100% employer match about $25,942 at 4% or $17,295 at 6%.
2001176$1,186,369$148,678$1,956iApproximate average salary by contribution assumption: employee only about $48,907 at 4% or $32,605 at 6%; with 50% employer match about $32,605 at 4% or $21,737 at 6%; with 100% employer match about $24,454 at 4% or $16,302 at 6%.
Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan-76$1,186,369$148,678$1,956iApproximate average salary by contribution assumption: employee only about $48,907 at 4% or $32,605 at 6%; with 50% employer match about $32,605 at 4% or $21,737 at 6%; with 100% employer match about $24,454 at 4% or $16,302 at 6%.
2000182$1,261,206$162,447$1,981iApproximate average salary by contribution assumption: employee only about $49,527 at 4% or $33,018 at 6%; with 50% employer match about $33,018 at 4% or $22,012 at 6%; with 100% employer match about $24,763 at 4% or $16,509 at 6%.
Homestead Tool & Machine Inc. 401(K) & Profit Sharing Plan-82$1,261,206$162,447$1,981iApproximate average salary by contribution assumption: employee only about $49,527 at 4% or $33,018 at 6%; with 50% employer match about $33,018 at 4% or $22,012 at 6%; with 100% employer match about $24,763 at 4% or $16,509 at 6%.