Civic Intelligence

Galco Industrial Electronics Inc.

Plan context: Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan

EIN 38-2178619 • Madison Heights, MI • 34 filings • 8 plans

1001 E. Lincoln AveMadison Heights, MI 48071
Current Snapshot

Latest Year

2024

2024 Participants

204

2024 Assets

$28,425,043

2024 Contributions

$2,271,055

Historical Graphs

Total Assets Over Time

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

$28,425,043$14,212,522$0199920152024YearValue
$28,425,043Latest year 2024

Participants Over Time

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

2051030199920122024YearValue
204Latest 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
20242204$28,425,043$2,271,055$11,133iApproximate average salary by contribution assumption: employee only about $278,316 at 4% or $185,544 at 6%; with 50% employer match about $185,544 at 4% or $123,696 at 6%; with 100% employer match about $139,158 at 4% or $92,772 at 6%.
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-204$28,425,043$2,271,055$11,133iApproximate average salary by contribution assumption: employee only about $278,316 at 4% or $185,544 at 6%; with 50% employer match about $185,544 at 4% or $123,696 at 6%; with 100% employer match about $139,158 at 4% or $92,772 at 6%.
Galco Industrial Electronics Inc Health and Welfar-178---
20232203$24,530,798$2,328,263$11,469iApproximate average salary by contribution assumption: employee only about $286,732 at 4% or $191,155 at 6%; with 50% employer match about $191,155 at 4% or $127,436 at 6%; with 100% employer match about $143,366 at 4% or $95,577 at 6%.
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-203$24,530,798$2,328,263$11,469iApproximate average salary by contribution assumption: employee only about $286,732 at 4% or $191,155 at 6%; with 50% employer match about $191,155 at 4% or $127,436 at 6%; with 100% employer match about $143,366 at 4% or $95,577 at 6%.
Galco Industrial Electronics Inc Health and Welfar-202---
20222205$20,287,679$1,635,786$7,979iApproximate average salary by contribution assumption: employee only about $199,486 at 4% or $132,991 at 6%; with 50% employer match about $132,991 at 4% or $88,660 at 6%; with 100% employer match about $99,743 at 4% or $66,495 at 6%.
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-205$20,287,679$1,635,786$7,979iApproximate average salary by contribution assumption: employee only about $199,486 at 4% or $132,991 at 6%; with 50% employer match about $132,991 at 4% or $88,660 at 6%; with 100% employer match about $99,743 at 4% or $66,495 at 6%.
Galco Industrial Electronics Inc Health and Welfar-188---
20212183$28,282,066$1,517,169$8,291iApproximate average salary by contribution assumption: employee only about $207,264 at 4% or $138,176 at 6%; with 50% employer match about $138,176 at 4% or $92,117 at 6%; with 100% employer match about $103,632 at 4% or $69,088 at 6%.
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-183$28,282,066$1,517,169$8,291iApproximate average salary by contribution assumption: employee only about $207,264 at 4% or $138,176 at 6%; with 50% employer match about $138,176 at 4% or $92,117 at 6%; with 100% employer match about $103,632 at 4% or $69,088 at 6%.
Galco Industrial Electronics Inc Health and Welfar-161---
20202161$18,954,094$1,604,832$9,968iApproximate average salary by contribution assumption: employee only about $249,198 at 4% or $166,132 at 6%; with 50% employer match about $166,132 at 4% or $110,754 at 6%; with 100% employer match about $124,599 at 4% or $83,066 at 6%.
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-161$18,954,094$1,604,832$9,968iApproximate average salary by contribution assumption: employee only about $249,198 at 4% or $166,132 at 6%; with 50% employer match about $166,132 at 4% or $110,754 at 6%; with 100% employer match about $124,599 at 4% or $83,066 at 6%.
Galco Industrial Electronics Inc Health and Welfar-116---
20192129$15,710,324$903,440$7,003iApproximate average salary by contribution assumption: employee only about $175,085 at 4% or $116,724 at 6%; with 50% employer match about $116,724 at 4% or $77,816 at 6%; with 100% employer match about $87,543 at 4% or $58,362 at 6%.
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-127$15,710,324$903,440$7,114iApproximate average salary by contribution assumption: employee only about $177,843 at 4% or $118,562 at 6%; with 50% employer match about $118,562 at 4% or $79,041 at 6%; with 100% employer match about $88,921 at 4% or $59,281 at 6%.
Galco Industrial Electronics Inc Health and Welfar-129---
20182126$13,783,568$252,604$2,005iApproximate average salary by contribution assumption: employee only about $50,120 at 4% or $33,413 at 6%; with 50% employer match about $33,413 at 4% or $22,275 at 6%; with 100% employer match about $25,060 at 4% or $16,707 at 6%.
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-126$13,783,568$252,604$2,005iApproximate average salary by contribution assumption: employee only about $50,120 at 4% or $33,413 at 6%; with 50% employer match about $33,413 at 4% or $22,275 at 6%; with 100% employer match about $25,060 at 4% or $16,707 at 6%.
Galco Industrial Electronics Inc Health and Welfar-119---
20172119$15,337,059$841,838$7,074iApproximate average salary by contribution assumption: employee only about $176,857 at 4% or $117,904 at 6%; with 50% employer match about $117,904 at 4% or $78,603 at 6%; with 100% employer match about $88,428 at 4% or $58,952 at 6%.
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-119$15,337,059$841,838$7,074iApproximate average salary by contribution assumption: employee only about $176,857 at 4% or $117,904 at 6%; with 50% employer match about $117,904 at 4% or $78,603 at 6%; with 100% employer match about $88,428 at 4% or $58,952 at 6%.
Galco Industrial Electronics Inc Health and Welfar-103---
20161125$13,867,265$774,416$6,195iApproximate average salary by contribution assumption: employee only about $154,883 at 4% or $103,255 at 6%; with 50% employer match about $103,255 at 4% or $68,837 at 6%; with 100% employer match about $77,442 at 4% or $51,628 at 6%.
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-125$13,867,265$774,416$6,195iApproximate average salary by contribution assumption: employee only about $154,883 at 4% or $103,255 at 6%; with 50% employer match about $103,255 at 4% or $68,837 at 6%; with 100% employer match about $77,442 at 4% or $51,628 at 6%.
20151131$11,513,547$785,570$5,997iApproximate average salary by contribution assumption: employee only about $149,918 at 4% or $99,945 at 6%; with 50% employer match about $99,945 at 4% or $66,630 at 6%; with 100% employer match about $74,959 at 4% or $49,973 at 6%.
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-131$11,513,547$785,570$5,997iApproximate average salary by contribution assumption: employee only about $149,918 at 4% or $99,945 at 6%; with 50% employer match about $99,945 at 4% or $66,630 at 6%; with 100% employer match about $74,959 at 4% or $49,973 at 6%.
20141102$10,832,864$578,331$5,670iApproximate average salary by contribution assumption: employee only about $141,748 at 4% or $94,499 at 6%; with 50% employer match about $94,499 at 4% or $62,999 at 6%; with 100% employer match about $70,874 at 4% or $47,249 at 6%.
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-102$10,832,864$578,331$5,670iApproximate average salary by contribution assumption: employee only about $141,748 at 4% or $94,499 at 6%; with 50% employer match about $94,499 at 4% or $62,999 at 6%; with 100% employer match about $70,874 at 4% or $47,249 at 6%.
20131110$10,560,560$697,090$6,337iApproximate average salary by contribution assumption: employee only about $158,430 at 4% or $105,620 at 6%; with 50% employer match about $105,620 at 4% or $70,413 at 6%; with 100% employer match about $79,215 at 4% or $52,810 at 6%.
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-110$10,560,560$697,090$6,337iApproximate average salary by contribution assumption: employee only about $158,430 at 4% or $105,620 at 6%; with 50% employer match about $105,620 at 4% or $70,413 at 6%; with 100% employer match about $79,215 at 4% or $52,810 at 6%.
2012197$9,646,057$547,188$5,641iApproximate average salary by contribution assumption: employee only about $141,028 at 4% or $94,019 at 6%; with 50% employer match about $94,019 at 4% or $62,679 at 6%; with 100% employer match about $70,514 at 4% or $47,009 at 6%.
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-97$9,646,057$547,188$5,641iApproximate average salary by contribution assumption: employee only about $141,028 at 4% or $94,019 at 6%; with 50% employer match about $94,019 at 4% or $62,679 at 6%; with 100% employer match about $70,514 at 4% or $47,009 at 6%.
2011187$7,835,671$534,553$6,144iApproximate average salary by contribution assumption: employee only about $153,607 at 4% or $102,405 at 6%; with 50% employer match about $102,405 at 4% or $68,270 at 6%; with 100% employer match about $76,804 at 4% or $51,202 at 6%.
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-87$7,835,671$534,553$6,144iApproximate average salary by contribution assumption: employee only about $153,607 at 4% or $102,405 at 6%; with 50% employer match about $102,405 at 4% or $68,270 at 6%; with 100% employer match about $76,804 at 4% or $51,202 at 6%.
2010189$6,245,968$461,556$5,186iApproximate average salary by contribution assumption: employee only about $129,651 at 4% or $86,434 at 6%; with 50% employer match about $86,434 at 4% or $57,622 at 6%; with 100% employer match about $64,825 at 4% or $43,217 at 6%.
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-89$6,245,968$461,556$5,186iApproximate average salary by contribution assumption: employee only about $129,651 at 4% or $86,434 at 6%; with 50% employer match about $86,434 at 4% or $57,622 at 6%; with 100% employer match about $64,825 at 4% or $43,217 at 6%.
2009193$5,982,245$378,721$4,072iApproximate average salary by contribution assumption: employee only about $101,807 at 4% or $67,871 at 6%; with 50% employer match about $67,871 at 4% or $45,247 at 6%; with 100% employer match about $50,903 at 4% or $33,936 at 6%.
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-93$5,982,245$378,721$4,072iApproximate average salary by contribution assumption: employee only about $101,807 at 4% or $67,871 at 6%; with 50% employer match about $67,871 at 4% or $45,247 at 6%; with 100% employer match about $50,903 at 4% or $33,936 at 6%.
2008182$0$0-
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-82---
2007184$0$0-
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-84---
2006193$6,192,935$401,433$4,316iApproximate average salary by contribution assumption: employee only about $107,912 at 4% or $71,941 at 6%; with 50% employer match about $71,941 at 4% or $47,961 at 6%; with 100% employer match about $53,956 at 4% or $35,971 at 6%.
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-93$6,192,935$401,433$4,316iApproximate average salary by contribution assumption: employee only about $107,912 at 4% or $71,941 at 6%; with 50% employer match about $71,941 at 4% or $47,961 at 6%; with 100% employer match about $53,956 at 4% or $35,971 at 6%.
2005189$0$0-
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-89---
2004184$4,531,909$435,750$5,188iApproximate average salary by contribution assumption: employee only about $129,688 at 4% or $86,458 at 6%; with 50% employer match about $86,458 at 4% or $57,639 at 6%; with 100% employer match about $64,844 at 4% or $43,229 at 6%.
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-84$4,531,909$435,750$5,188iApproximate average salary by contribution assumption: employee only about $129,688 at 4% or $86,458 at 6%; with 50% employer match about $86,458 at 4% or $57,639 at 6%; with 100% employer match about $64,844 at 4% or $43,229 at 6%.
2003185$0$0-
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-85---
2002192$0$0-
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-92---
2001178$0$0-
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-78---
2000181$0$0-
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-81---
1999182$3,214,901$333,660$4,069iApproximate average salary by contribution assumption: employee only about $101,726 at 4% or $67,817 at 6%; with 50% employer match about $67,817 at 4% or $45,211 at 6%; with 100% employer match about $50,863 at 4% or $33,909 at 6%.
Galco Industrial Electronics Salary & Savings Employees Profit Sharing Plan-82$3,214,901$333,660$4,069iApproximate average salary by contribution assumption: employee only about $101,726 at 4% or $67,817 at 6%; with 50% employer match about $67,817 at 4% or $45,211 at 6%; with 100% employer match about $50,863 at 4% or $33,909 at 6%.
Galco Industrial Electronics Inc. | EIN 38-2178619 | 2024 Form 5500 Company Profile