Civic Intelligence

Glover Electric Ltd.

Plan context: Glover Electric Ltd. 401(K) Employee Profit Sharing Plan

EIN 38-2209610 • Fowlerville, MI • 31 filings • 5 plans

P.O Box 708Fowlerville, MI 48836
Current Snapshot

Latest Year

2024

2024 Participants

4

2024 Assets

$1,477,538

2024 Contributions

$68,842

Historical Graphs

Total Assets Over Time

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

$1,477,538$738,769$0199920142024YearValue
$1,477,538Latest year 2024

Participants Over Time

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

1160199920122024YearValue
4Latest 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
202414$1,477,538$68,842$17,211iApproximate average salary by contribution assumption: employee only about $430,263 at 4% or $286,842 at 6%; with 50% employer match about $286,842 at 4% or $191,228 at 6%; with 100% employer match about $215,131 at 4% or $143,421 at 6%.
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-4$1,477,538$68,842$17,211iApproximate average salary by contribution assumption: employee only about $430,263 at 4% or $286,842 at 6%; with 50% employer match about $286,842 at 4% or $191,228 at 6%; with 100% employer match about $215,131 at 4% or $143,421 at 6%.
202316$1,226,888$93,003$15,501iApproximate average salary by contribution assumption: employee only about $387,513 at 4% or $258,342 at 6%; with 50% employer match about $258,342 at 4% or $172,228 at 6%; with 100% employer match about $193,756 at 4% or $129,171 at 6%.
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-6$1,226,888$93,003$15,501iApproximate average salary by contribution assumption: employee only about $387,513 at 4% or $258,342 at 6%; with 50% employer match about $258,342 at 4% or $172,228 at 6%; with 100% employer match about $193,756 at 4% or $129,171 at 6%.
202217$1,148,272$89,326$12,761iApproximate average salary by contribution assumption: employee only about $319,021 at 4% or $212,681 at 6%; with 50% employer match about $212,681 at 4% or $141,787 at 6%; with 100% employer match about $159,511 at 4% or $106,340 at 6%.
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-7$1,148,272$89,326$12,761iApproximate average salary by contribution assumption: employee only about $319,021 at 4% or $212,681 at 6%; with 50% employer match about $212,681 at 4% or $141,787 at 6%; with 100% employer match about $159,511 at 4% or $106,340 at 6%.
202117$1,045,785$90,995$12,999iApproximate average salary by contribution assumption: employee only about $324,982 at 4% or $216,655 at 6%; with 50% employer match about $216,655 at 4% or $144,437 at 6%; with 100% employer match about $162,491 at 4% or $108,327 at 6%.
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-7$1,045,785$90,995$12,999iApproximate average salary by contribution assumption: employee only about $324,982 at 4% or $216,655 at 6%; with 50% employer match about $216,655 at 4% or $144,437 at 6%; with 100% employer match about $162,491 at 4% or $108,327 at 6%.
202017$1,114,861$68,731$9,819iApproximate average salary by contribution assumption: employee only about $245,468 at 4% or $163,645 at 6%; with 50% employer match about $163,645 at 4% or $109,097 at 6%; with 100% employer match about $122,734 at 4% or $81,823 at 6%.
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-7$1,114,861$68,731$9,819iApproximate average salary by contribution assumption: employee only about $245,468 at 4% or $163,645 at 6%; with 50% employer match about $163,645 at 4% or $109,097 at 6%; with 100% employer match about $122,734 at 4% or $81,823 at 6%.
201915$897,202$80,497$16,099iApproximate average salary by contribution assumption: employee only about $402,485 at 4% or $268,323 at 6%; with 50% employer match about $268,323 at 4% or $178,882 at 6%; with 100% employer match about $201,243 at 4% or $134,162 at 6%.
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-5$897,202$80,497$16,099iApproximate average salary by contribution assumption: employee only about $402,485 at 4% or $268,323 at 6%; with 50% employer match about $268,323 at 4% or $178,882 at 6%; with 100% employer match about $201,243 at 4% or $134,162 at 6%.
201816$737,234$75,721$12,620iApproximate average salary by contribution assumption: employee only about $315,504 at 4% or $210,336 at 6%; with 50% employer match about $210,336 at 4% or $140,224 at 6%; with 100% employer match about $157,752 at 4% or $105,168 at 6%.
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-6$737,234$75,721$12,620iApproximate average salary by contribution assumption: employee only about $315,504 at 4% or $210,336 at 6%; with 50% employer match about $210,336 at 4% or $140,224 at 6%; with 100% employer match about $157,752 at 4% or $105,168 at 6%.
201715$586,476$51,319$10,264iApproximate average salary by contribution assumption: employee only about $256,595 at 4% or $171,063 at 6%; with 50% employer match about $171,063 at 4% or $114,042 at 6%; with 100% employer match about $128,297 at 4% or $85,532 at 6%.
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-5$586,476$51,319$10,264iApproximate average salary by contribution assumption: employee only about $256,595 at 4% or $171,063 at 6%; with 50% employer match about $171,063 at 4% or $114,042 at 6%; with 100% employer match about $128,297 at 4% or $85,532 at 6%.
201615$556,013$45,343$9,069iApproximate average salary by contribution assumption: employee only about $226,715 at 4% or $151,143 at 6%; with 50% employer match about $151,143 at 4% or $100,762 at 6%; with 100% employer match about $113,358 at 4% or $75,572 at 6%.
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-5$556,013$45,343$9,069iApproximate average salary by contribution assumption: employee only about $226,715 at 4% or $151,143 at 6%; with 50% employer match about $151,143 at 4% or $100,762 at 6%; with 100% employer match about $113,358 at 4% or $75,572 at 6%.
201516$476,709$47,352$7,892iApproximate average salary by contribution assumption: employee only about $197,300 at 4% or $131,533 at 6%; with 50% employer match about $131,533 at 4% or $87,689 at 6%; with 100% employer match about $98,650 at 4% or $65,767 at 6%.
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-6$476,709$47,352$7,892iApproximate average salary by contribution assumption: employee only about $197,300 at 4% or $131,533 at 6%; with 50% employer match about $131,533 at 4% or $87,689 at 6%; with 100% employer match about $98,650 at 4% or $65,767 at 6%.
201414$409,480$17,718$4,430iApproximate average salary by contribution assumption: employee only about $110,738 at 4% or $73,825 at 6%; with 50% employer match about $73,825 at 4% or $49,217 at 6%; with 100% employer match about $55,369 at 4% or $36,913 at 6%.
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-4$409,480$17,718$4,430iApproximate average salary by contribution assumption: employee only about $110,738 at 4% or $73,825 at 6%; with 50% employer match about $73,825 at 4% or $49,217 at 6%; with 100% employer match about $55,369 at 4% or $36,913 at 6%.
201315$411,379$14,776$2,955iApproximate average salary by contribution assumption: employee only about $73,880 at 4% or $49,253 at 6%; with 50% employer match about $49,253 at 4% or $32,836 at 6%; with 100% employer match about $36,940 at 4% or $24,627 at 6%.
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-5$411,379$14,776$2,955iApproximate average salary by contribution assumption: employee only about $73,880 at 4% or $49,253 at 6%; with 50% employer match about $49,253 at 4% or $32,836 at 6%; with 100% employer match about $36,940 at 4% or $24,627 at 6%.
201215$381,328$16,065$3,213iApproximate average salary by contribution assumption: employee only about $80,325 at 4% or $53,550 at 6%; with 50% employer match about $53,550 at 4% or $35,700 at 6%; with 100% employer match about $40,163 at 4% or $26,775 at 6%.
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-5$381,328$16,065$3,213iApproximate average salary by contribution assumption: employee only about $80,325 at 4% or $53,550 at 6%; with 50% employer match about $53,550 at 4% or $35,700 at 6%; with 100% employer match about $40,163 at 4% or $26,775 at 6%.
201115$324,972$12,681$2,536iApproximate average salary by contribution assumption: employee only about $63,405 at 4% or $42,270 at 6%; with 50% employer match about $42,270 at 4% or $28,180 at 6%; with 100% employer match about $31,702 at 4% or $21,135 at 6%.
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-5$324,972$12,681$2,536iApproximate average salary by contribution assumption: employee only about $63,405 at 4% or $42,270 at 6%; with 50% employer match about $42,270 at 4% or $28,180 at 6%; with 100% employer match about $31,702 at 4% or $21,135 at 6%.
201015$287,804$7,205$1,441iApproximate average salary by contribution assumption: employee only about $36,025 at 4% or $24,017 at 6%; with 50% employer match about $24,017 at 4% or $16,011 at 6%; with 100% employer match about $18,013 at 4% or $12,008 at 6%.
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-5$287,804$7,205$1,441iApproximate average salary by contribution assumption: employee only about $36,025 at 4% or $24,017 at 6%; with 50% employer match about $24,017 at 4% or $16,011 at 6%; with 100% employer match about $18,013 at 4% or $12,008 at 6%.
200919$305,405$8,543$949iApproximate average salary by contribution assumption: employee only about $23,731 at 4% or $15,820 at 6%; with 50% employer match about $15,820 at 4% or $10,547 at 6%; with 100% employer match about $11,865 at 4% or $7,910 at 6%.
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-9$305,405$8,543$949iApproximate average salary by contribution assumption: employee only about $23,731 at 4% or $15,820 at 6%; with 50% employer match about $15,820 at 4% or $10,547 at 6%; with 100% employer match about $11,865 at 4% or $7,910 at 6%.
200819$0$0-
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-9---
200719$0$0-
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-9---
2006110$325,656$17,364$1,736iApproximate average salary by contribution assumption: employee only about $43,410 at 4% or $28,940 at 6%; with 50% employer match about $28,940 at 4% or $19,293 at 6%; with 100% employer match about $21,705 at 4% or $14,470 at 6%.
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-10$325,656$17,364$1,736iApproximate average salary by contribution assumption: employee only about $43,410 at 4% or $28,940 at 6%; with 50% employer match about $28,940 at 4% or $19,293 at 6%; with 100% employer match about $21,705 at 4% or $14,470 at 6%.
200518$292,385$18,011$2,251iApproximate average salary by contribution assumption: employee only about $56,284 at 4% or $37,523 at 6%; with 50% employer match about $37,523 at 4% or $25,015 at 6%; with 100% employer match about $28,142 at 4% or $18,761 at 6%.
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-8$292,385$18,011$2,251iApproximate average salary by contribution assumption: employee only about $56,284 at 4% or $37,523 at 6%; with 50% employer match about $37,523 at 4% or $25,015 at 6%; with 100% employer match about $28,142 at 4% or $18,761 at 6%.
200419$257,106$16,753$1,861iApproximate average salary by contribution assumption: employee only about $46,536 at 4% or $31,024 at 6%; with 50% employer match about $31,024 at 4% or $20,683 at 6%; with 100% employer match about $23,268 at 4% or $15,512 at 6%.
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-9$257,106$16,753$1,861iApproximate average salary by contribution assumption: employee only about $46,536 at 4% or $31,024 at 6%; with 50% employer match about $31,024 at 4% or $20,683 at 6%; with 100% employer match about $23,268 at 4% or $15,512 at 6%.
2003211$0$0-
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-11---
Glover Electric Ltd. Money Purchase Pension Trust-0---
2002211$22,259$0-
Glover Electric Ltd. Money Purchase Pension Trust-11$22,259--
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-11---
2001211$0$0-
Glover Electric Ltd. Money Purchase Pension Trust-11---
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-0---
2000211$29,690$0-
Glover Electric Ltd. Money Purchase Pension Trust-11$29,690--
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-11---
1999211$256,577$70,109$6,374iApproximate average salary by contribution assumption: employee only about $159,339 at 4% or $106,226 at 6%; with 50% employer match about $106,226 at 4% or $70,817 at 6%; with 100% employer match about $79,669 at 4% or $53,113 at 6%.
Glover Electric Ltd. 401(K) Employee Profit Sharing Plan-11$219,565$45,450$4,132iApproximate average salary by contribution assumption: employee only about $103,295 at 4% or $68,864 at 6%; with 50% employer match about $68,864 at 4% or $45,909 at 6%; with 100% employer match about $51,648 at 4% or $34,432 at 6%.
Glover Electric Ltd. Money Purchase Pension Trust-9$37,012$24,659$2,740iApproximate average salary by contribution assumption: employee only about $68,497 at 4% or $45,665 at 6%; with 50% employer match about $45,665 at 4% or $30,443 at 6%; with 100% employer match about $34,249 at 4% or $22,832 at 6%.