Civic Intelligence

Froude Hofmann Inc.

Plan context: Froude Hofmann Inc. 401(K) Retirement Savings Plan

EIN 38-2325812 • Novi, MI • 18 filings • 4 plans

41123 Jo DriveNovi, MI 48375
Current Snapshot

Latest Year

2024

2024 Participants

25

2024 Assets

$2,251,905

2024 Contributions

$806,018

Historical Graphs

Total Assets Over Time

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

$2,458,399$1,229,200$0200720162024YearValue
$2,251,905Latest year 2024

Participants Over Time

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

40200200720162024YearValue
25Latest 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
2024125$2,251,905$806,018$32,241iApproximate average salary by contribution assumption: employee only about $806,018 at 4% or $537,345 at 6%; with 50% employer match about $537,345 at 4% or $358,230 at 6%; with 100% employer match about $403,009 at 4% or $268,673 at 6%.
Froude Hofmann Inc. 401(K) Retirement Savings Plan-25$2,251,905$806,018$32,241iApproximate average salary by contribution assumption: employee only about $806,018 at 4% or $537,345 at 6%; with 50% employer match about $537,345 at 4% or $358,230 at 6%; with 100% employer match about $403,009 at 4% or $268,673 at 6%.
2023140$2,458,399$414,877$10,372iApproximate average salary by contribution assumption: employee only about $259,298 at 4% or $172,865 at 6%; with 50% employer match about $172,865 at 4% or $115,244 at 6%; with 100% employer match about $129,649 at 4% or $86,433 at 6%.
Froude Hofmann Inc. 401(K) Retirement Savings Plan-40$2,458,399$414,877$10,372iApproximate average salary by contribution assumption: employee only about $259,298 at 4% or $172,865 at 6%; with 50% employer match about $172,865 at 4% or $115,244 at 6%; with 100% employer match about $129,649 at 4% or $86,433 at 6%.
2022136$1,678,903$464,584$12,905iApproximate average salary by contribution assumption: employee only about $322,628 at 4% or $215,085 at 6%; with 50% employer match about $215,085 at 4% or $143,390 at 6%; with 100% employer match about $161,314 at 4% or $107,543 at 6%.
Froude Hofmann Inc. 401(K) Retirement Savings Plan-36$1,678,903$464,584$12,905iApproximate average salary by contribution assumption: employee only about $322,628 at 4% or $215,085 at 6%; with 50% employer match about $215,085 at 4% or $143,390 at 6%; with 100% employer match about $161,314 at 4% or $107,543 at 6%.
2021132$1,822,934$498,302$15,572iApproximate average salary by contribution assumption: employee only about $389,298 at 4% or $259,532 at 6%; with 50% employer match about $259,532 at 4% or $173,022 at 6%; with 100% employer match about $194,649 at 4% or $129,766 at 6%.
Froude Hofmann Inc. 401(K) Retirement Savings Plan-32$1,822,934$498,302$15,572iApproximate average salary by contribution assumption: employee only about $389,298 at 4% or $259,532 at 6%; with 50% employer match about $259,532 at 4% or $173,022 at 6%; with 100% employer match about $194,649 at 4% or $129,766 at 6%.
2020125$1,146,042$271,880$10,875iApproximate average salary by contribution assumption: employee only about $271,880 at 4% or $181,253 at 6%; with 50% employer match about $181,253 at 4% or $120,836 at 6%; with 100% employer match about $135,940 at 4% or $90,627 at 6%.
Froude Hofmann Inc. 401(K) Retirement Savings Plan-25$1,146,042$271,880$10,875iApproximate average salary by contribution assumption: employee only about $271,880 at 4% or $181,253 at 6%; with 50% employer match about $181,253 at 4% or $120,836 at 6%; with 100% employer match about $135,940 at 4% or $90,627 at 6%.
2019125$746,300$237,928$9,517iApproximate average salary by contribution assumption: employee only about $237,928 at 4% or $158,619 at 6%; with 50% employer match about $158,619 at 4% or $105,746 at 6%; with 100% employer match about $118,964 at 4% or $79,309 at 6%.
Froude Hofmann Inc. 401(K) Retirement Savings Plan-25$746,300$237,928$9,517iApproximate average salary by contribution assumption: employee only about $237,928 at 4% or $158,619 at 6%; with 50% employer match about $158,619 at 4% or $105,746 at 6%; with 100% employer match about $118,964 at 4% or $79,309 at 6%.
2018125$616,464$191,195$7,648iApproximate average salary by contribution assumption: employee only about $191,195 at 4% or $127,463 at 6%; with 50% employer match about $127,463 at 4% or $84,976 at 6%; with 100% employer match about $95,598 at 4% or $63,732 at 6%.
Froude Hofmann Inc. 401(K) Retirement Savings Plan-25$616,464$191,195$7,648iApproximate average salary by contribution assumption: employee only about $191,195 at 4% or $127,463 at 6%; with 50% employer match about $127,463 at 4% or $84,976 at 6%; with 100% employer match about $95,598 at 4% or $63,732 at 6%.
2017119$609,872$172,507$9,079iApproximate average salary by contribution assumption: employee only about $226,983 at 4% or $151,322 at 6%; with 50% employer match about $151,322 at 4% or $100,881 at 6%; with 100% employer match about $113,491 at 4% or $75,661 at 6%.
Froude Hofmann Inc. 401(K) Retirement Savings Plan-19$609,872$172,507$9,079iApproximate average salary by contribution assumption: employee only about $226,983 at 4% or $151,322 at 6%; with 50% employer match about $151,322 at 4% or $100,881 at 6%; with 100% employer match about $113,491 at 4% or $75,661 at 6%.
2016111$405,426$108,864$9,897iApproximate average salary by contribution assumption: employee only about $247,418 at 4% or $164,945 at 6%; with 50% employer match about $164,945 at 4% or $109,964 at 6%; with 100% employer match about $123,709 at 4% or $82,473 at 6%.
Froude Hofmann Inc. 401(K) Retirement Savings Plan-11$405,426$108,864$9,897iApproximate average salary by contribution assumption: employee only about $247,418 at 4% or $164,945 at 6%; with 50% employer match about $164,945 at 4% or $109,964 at 6%; with 100% employer match about $123,709 at 4% or $82,473 at 6%.
2015115$594,572$60,965$4,064iApproximate average salary by contribution assumption: employee only about $101,608 at 4% or $67,739 at 6%; with 50% employer match about $67,739 at 4% or $45,159 at 6%; with 100% employer match about $50,804 at 4% or $33,869 at 6%.
Froude Hofmann Inc. 401(K) Retirement Savings Plan-15$594,572$60,965$4,064iApproximate average salary by contribution assumption: employee only about $101,608 at 4% or $67,739 at 6%; with 50% employer match about $67,739 at 4% or $45,159 at 6%; with 100% employer match about $50,804 at 4% or $33,869 at 6%.
2014113$572,403$68,242$5,249iApproximate average salary by contribution assumption: employee only about $131,235 at 4% or $87,490 at 6%; with 50% employer match about $87,490 at 4% or $58,326 at 6%; with 100% employer match about $65,617 at 4% or $43,745 at 6%.
Froude Hofmann Inc. 401(K) Retirement Savings Plan-13$572,403$68,242$5,249iApproximate average salary by contribution assumption: employee only about $131,235 at 4% or $87,490 at 6%; with 50% employer match about $87,490 at 4% or $58,326 at 6%; with 100% employer match about $65,617 at 4% or $43,745 at 6%.
2013114$715,877$111,316$7,951iApproximate average salary by contribution assumption: employee only about $198,779 at 4% or $132,519 at 6%; with 50% employer match about $132,519 at 4% or $88,346 at 6%; with 100% employer match about $99,389 at 4% or $66,260 at 6%.
Froude Hofmann Inc. 401(K) Retirement Savings Plan-14$715,877$111,316$7,951iApproximate average salary by contribution assumption: employee only about $198,779 at 4% or $132,519 at 6%; with 50% employer match about $132,519 at 4% or $88,346 at 6%; with 100% employer match about $99,389 at 4% or $66,260 at 6%.
2012117$593,032$113,547$6,679iApproximate average salary by contribution assumption: employee only about $166,981 at 4% or $111,321 at 6%; with 50% employer match about $111,321 at 4% or $74,214 at 6%; with 100% employer match about $83,490 at 4% or $55,660 at 6%.
Froude Hofmann Inc. 401(K) Retirement Savings Plan-17$593,032$113,547$6,679iApproximate average salary by contribution assumption: employee only about $166,981 at 4% or $111,321 at 6%; with 50% employer match about $111,321 at 4% or $74,214 at 6%; with 100% employer match about $83,490 at 4% or $55,660 at 6%.
2011117$422,548$144,812$8,518iApproximate average salary by contribution assumption: employee only about $212,959 at 4% or $141,973 at 6%; with 50% employer match about $141,973 at 4% or $94,648 at 6%; with 100% employer match about $106,479 at 4% or $70,986 at 6%.
Froude Hofmann Inc. 401(K) Retirement Savings Plan-17$422,548$144,812$8,518iApproximate average salary by contribution assumption: employee only about $212,959 at 4% or $141,973 at 6%; with 50% employer match about $141,973 at 4% or $94,648 at 6%; with 100% employer match about $106,479 at 4% or $70,986 at 6%.
2010115$324,426$89,752$5,983iApproximate average salary by contribution assumption: employee only about $149,587 at 4% or $99,724 at 6%; with 50% employer match about $99,724 at 4% or $66,483 at 6%; with 100% employer match about $74,793 at 4% or $49,862 at 6%.
Froude Hofmann Inc. 401(K) Retirement Savings Plan-15$324,426$89,752$5,983iApproximate average salary by contribution assumption: employee only about $149,587 at 4% or $99,724 at 6%; with 50% employer match about $99,724 at 4% or $66,483 at 6%; with 100% employer match about $74,793 at 4% or $49,862 at 6%.
2009118$223,197$57,498$3,194iApproximate average salary by contribution assumption: employee only about $79,858 at 4% or $53,239 at 6%; with 50% employer match about $53,239 at 4% or $35,493 at 6%; with 100% employer match about $39,929 at 4% or $26,619 at 6%.
Froude Hofmann Inc. 401(K) Retirement Savings Plan-18$223,197$57,498$3,194iApproximate average salary by contribution assumption: employee only about $79,858 at 4% or $53,239 at 6%; with 50% employer match about $53,239 at 4% or $35,493 at 6%; with 100% employer match about $39,929 at 4% or $26,619 at 6%.
2008119$249,330$84,950$4,471iApproximate average salary by contribution assumption: employee only about $111,776 at 4% or $74,518 at 6%; with 50% employer match about $74,518 at 4% or $49,678 at 6%; with 100% employer match about $55,888 at 4% or $37,259 at 6%.
Froude Hofmann Inc. 401(K) Retirement Savings Plan-19$249,330$84,950$4,471iApproximate average salary by contribution assumption: employee only about $111,776 at 4% or $74,518 at 6%; with 50% employer match about $74,518 at 4% or $49,678 at 6%; with 100% employer match about $55,888 at 4% or $37,259 at 6%.
2007116$297,780$311,245$19,453iApproximate average salary by contribution assumption: employee only about $486,320 at 4% or $324,214 at 6%; with 50% employer match about $324,214 at 4% or $216,142 at 6%; with 100% employer match about $243,160 at 4% or $162,107 at 6%.
Froude Hofmann Inc. 401(K) Retirement Savings Plan-16$297,780$311,245$19,453iApproximate average salary by contribution assumption: employee only about $486,320 at 4% or $324,214 at 6%; with 50% employer match about $324,214 at 4% or $216,142 at 6%; with 100% employer match about $243,160 at 4% or $162,107 at 6%.