Civic Intelligence

Nichols Optical Inc.

Plan context: Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan

EIN 38-2466862 • Traverse City, MI • 25 filings • 4 plans

336 West Front StreetTraverse City, MI 49684
Current Snapshot

Latest Year

2024

2024 Participants

47

2024 Assets

$4,800,663

2024 Contributions

$222,603

Historical Graphs

Total Assets Over Time

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

$7,595,958$3,797,979$0200020132024YearValue
$4,800,663Latest year 2024

Participants Over Time

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

66330200020122024YearValue
47Latest 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
2024147$4,800,663$222,603$4,736iApproximate average salary by contribution assumption: employee only about $118,406 at 4% or $78,937 at 6%; with 50% employer match about $78,937 at 4% or $52,625 at 6%; with 100% employer match about $59,203 at 4% or $39,469 at 6%.
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-47$4,800,663$222,603$4,736iApproximate average salary by contribution assumption: employee only about $118,406 at 4% or $78,937 at 6%; with 50% employer match about $78,937 at 4% or $52,625 at 6%; with 100% employer match about $59,203 at 4% or $39,469 at 6%.
2023129$4,614,009$226,502$7,810iApproximate average salary by contribution assumption: employee only about $195,260 at 4% or $130,174 at 6%; with 50% employer match about $130,174 at 4% or $86,782 at 6%; with 100% employer match about $97,630 at 4% or $65,087 at 6%.
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-29$4,614,009$226,502$7,810iApproximate average salary by contribution assumption: employee only about $195,260 at 4% or $130,174 at 6%; with 50% employer match about $130,174 at 4% or $86,782 at 6%; with 100% employer match about $97,630 at 4% or $65,087 at 6%.
2022127$3,879,270$200,680$7,433iApproximate average salary by contribution assumption: employee only about $185,815 at 4% or $123,877 at 6%; with 50% employer match about $123,877 at 4% or $82,584 at 6%; with 100% employer match about $92,907 at 4% or $61,938 at 6%.
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-27$3,879,270$200,680$7,433iApproximate average salary by contribution assumption: employee only about $185,815 at 4% or $123,877 at 6%; with 50% employer match about $123,877 at 4% or $82,584 at 6%; with 100% employer match about $92,907 at 4% or $61,938 at 6%.
2021126$4,566,049$173,054$6,656iApproximate average salary by contribution assumption: employee only about $166,398 at 4% or $110,932 at 6%; with 50% employer match about $110,932 at 4% or $73,955 at 6%; with 100% employer match about $83,199 at 4% or $55,466 at 6%.
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-26$4,566,049$173,054$6,656iApproximate average salary by contribution assumption: employee only about $166,398 at 4% or $110,932 at 6%; with 50% employer match about $110,932 at 4% or $73,955 at 6%; with 100% employer match about $83,199 at 4% or $55,466 at 6%.
2020130$4,017,622$185,927$6,198iApproximate average salary by contribution assumption: employee only about $154,939 at 4% or $103,293 at 6%; with 50% employer match about $103,293 at 4% or $68,862 at 6%; with 100% employer match about $77,470 at 4% or $51,646 at 6%.
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-30$4,017,622$185,927$6,198iApproximate average salary by contribution assumption: employee only about $154,939 at 4% or $103,293 at 6%; with 50% employer match about $103,293 at 4% or $68,862 at 6%; with 100% employer match about $77,470 at 4% or $51,646 at 6%.
2019135$5,043,488$195,278$5,579iApproximate average salary by contribution assumption: employee only about $139,484 at 4% or $92,990 at 6%; with 50% employer match about $92,990 at 4% or $61,993 at 6%; with 100% employer match about $69,742 at 4% or $46,495 at 6%.
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-35$5,043,488$195,278$5,579iApproximate average salary by contribution assumption: employee only about $139,484 at 4% or $92,990 at 6%; with 50% employer match about $92,990 at 4% or $61,993 at 6%; with 100% employer match about $69,742 at 4% or $46,495 at 6%.
2018130$6,726,821$280,456$9,349iApproximate average salary by contribution assumption: employee only about $233,713 at 4% or $155,809 at 6%; with 50% employer match about $155,809 at 4% or $103,873 at 6%; with 100% employer match about $116,857 at 4% or $77,904 at 6%.
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-30$6,726,821$280,456$9,349iApproximate average salary by contribution assumption: employee only about $233,713 at 4% or $155,809 at 6%; with 50% employer match about $155,809 at 4% or $103,873 at 6%; with 100% employer match about $116,857 at 4% or $77,904 at 6%.
2017145$7,595,958$275,826$6,129iApproximate average salary by contribution assumption: employee only about $153,237 at 4% or $102,158 at 6%; with 50% employer match about $102,158 at 4% or $68,105 at 6%; with 100% employer match about $76,618 at 4% or $51,079 at 6%.
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-45$7,595,958$275,826$6,129iApproximate average salary by contribution assumption: employee only about $153,237 at 4% or $102,158 at 6%; with 50% employer match about $102,158 at 4% or $68,105 at 6%; with 100% employer match about $76,618 at 4% or $51,079 at 6%.
2016147$6,293,030$292,965$6,233iApproximate average salary by contribution assumption: employee only about $155,832 at 4% or $103,888 at 6%; with 50% employer match about $103,888 at 4% or $69,259 at 6%; with 100% employer match about $77,916 at 4% or $51,944 at 6%.
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-47$6,293,030$292,965$6,233iApproximate average salary by contribution assumption: employee only about $155,832 at 4% or $103,888 at 6%; with 50% employer match about $103,888 at 4% or $69,259 at 6%; with 100% employer match about $77,916 at 4% or $51,944 at 6%.
2015149$5,752,653$234,909$4,794iApproximate average salary by contribution assumption: employee only about $119,852 at 4% or $79,901 at 6%; with 50% employer match about $79,901 at 4% or $53,267 at 6%; with 100% employer match about $59,926 at 4% or $39,951 at 6%.
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-49$5,752,653$234,909$4,794iApproximate average salary by contribution assumption: employee only about $119,852 at 4% or $79,901 at 6%; with 50% employer match about $79,901 at 4% or $53,267 at 6%; with 100% employer match about $59,926 at 4% or $39,951 at 6%.
2014152$5,932,174$179,406$3,450iApproximate average salary by contribution assumption: employee only about $86,253 at 4% or $57,502 at 6%; with 50% employer match about $57,502 at 4% or $38,335 at 6%; with 100% employer match about $43,126 at 4% or $28,751 at 6%.
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-52$5,932,174$179,406$3,450iApproximate average salary by contribution assumption: employee only about $86,253 at 4% or $57,502 at 6%; with 50% employer match about $57,502 at 4% or $38,335 at 6%; with 100% employer match about $43,126 at 4% or $28,751 at 6%.
2013156$5,525,426$282,960$5,053iApproximate average salary by contribution assumption: employee only about $126,321 at 4% or $84,214 at 6%; with 50% employer match about $84,214 at 4% or $56,143 at 6%; with 100% employer match about $63,161 at 4% or $42,107 at 6%.
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-56$5,525,426$282,960$5,053iApproximate average salary by contribution assumption: employee only about $126,321 at 4% or $84,214 at 6%; with 50% employer match about $84,214 at 4% or $56,143 at 6%; with 100% employer match about $63,161 at 4% or $42,107 at 6%.
2012158$4,381,960$312,033$5,380iApproximate average salary by contribution assumption: employee only about $134,497 at 4% or $89,665 at 6%; with 50% employer match about $89,665 at 4% or $59,776 at 6%; with 100% employer match about $67,248 at 4% or $44,832 at 6%.
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-58$4,381,960$312,033$5,380iApproximate average salary by contribution assumption: employee only about $134,497 at 4% or $89,665 at 6%; with 50% employer match about $89,665 at 4% or $59,776 at 6%; with 100% employer match about $67,248 at 4% or $44,832 at 6%.
2011157$3,627,871$581,879$10,208iApproximate average salary by contribution assumption: employee only about $255,210 at 4% or $170,140 at 6%; with 50% employer match about $170,140 at 4% or $113,427 at 6%; with 100% employer match about $127,605 at 4% or $85,070 at 6%.
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-57$3,627,871$581,879$10,208iApproximate average salary by contribution assumption: employee only about $255,210 at 4% or $170,140 at 6%; with 50% employer match about $170,140 at 4% or $113,427 at 6%; with 100% employer match about $127,605 at 4% or $85,070 at 6%.
2010153$3,371,876$239,953$4,527iApproximate average salary by contribution assumption: employee only about $113,185 at 4% or $75,457 at 6%; with 50% employer match about $75,457 at 4% or $50,305 at 6%; with 100% employer match about $56,593 at 4% or $37,728 at 6%.
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-53$3,371,876$239,953$4,527iApproximate average salary by contribution assumption: employee only about $113,185 at 4% or $75,457 at 6%; with 50% employer match about $75,457 at 4% or $50,305 at 6%; with 100% employer match about $56,593 at 4% or $37,728 at 6%.
2009148$3,005,279$219,224$4,567iApproximate average salary by contribution assumption: employee only about $114,179 at 4% or $76,119 at 6%; with 50% employer match about $76,119 at 4% or $50,746 at 6%; with 100% employer match about $57,090 at 4% or $38,060 at 6%.
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-48$3,005,279$219,224$4,567iApproximate average salary by contribution assumption: employee only about $114,179 at 4% or $76,119 at 6%; with 50% employer match about $76,119 at 4% or $50,746 at 6%; with 100% employer match about $57,090 at 4% or $38,060 at 6%.
2008154$2,222,818$294,161$5,447iApproximate average salary by contribution assumption: employee only about $136,186 at 4% or $90,790 at 6%; with 50% employer match about $90,790 at 4% or $60,527 at 6%; with 100% employer match about $68,093 at 4% or $45,395 at 6%.
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-54$2,222,818$294,161$5,447iApproximate average salary by contribution assumption: employee only about $136,186 at 4% or $90,790 at 6%; with 50% employer match about $90,790 at 4% or $60,527 at 6%; with 100% employer match about $68,093 at 4% or $45,395 at 6%.
2007166$3,460,493$276,510$4,190iApproximate average salary by contribution assumption: employee only about $104,739 at 4% or $69,826 at 6%; with 50% employer match about $69,826 at 4% or $46,551 at 6%; with 100% employer match about $52,369 at 4% or $34,913 at 6%.
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-66$3,460,493$276,510$4,190iApproximate average salary by contribution assumption: employee only about $104,739 at 4% or $69,826 at 6%; with 50% employer match about $69,826 at 4% or $46,551 at 6%; with 100% employer match about $52,369 at 4% or $34,913 at 6%.
2006161$3,231,278$292,104$4,789iApproximate average salary by contribution assumption: employee only about $119,715 at 4% or $79,810 at 6%; with 50% employer match about $79,810 at 4% or $53,207 at 6%; with 100% employer match about $59,857 at 4% or $39,905 at 6%.
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-61$3,231,278$292,104$4,789iApproximate average salary by contribution assumption: employee only about $119,715 at 4% or $79,810 at 6%; with 50% employer match about $79,810 at 4% or $53,207 at 6%; with 100% employer match about $59,857 at 4% or $39,905 at 6%.
2005161$2,657,100$263,149$4,314iApproximate average salary by contribution assumption: employee only about $107,848 at 4% or $71,899 at 6%; with 50% employer match about $71,899 at 4% or $47,932 at 6%; with 100% employer match about $53,924 at 4% or $35,949 at 6%.
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-61$2,657,100$263,149$4,314iApproximate average salary by contribution assumption: employee only about $107,848 at 4% or $71,899 at 6%; with 50% employer match about $71,899 at 4% or $47,932 at 6%; with 100% employer match about $53,924 at 4% or $35,949 at 6%.
2004162$2,360,578$224,028$3,613iApproximate average salary by contribution assumption: employee only about $90,334 at 4% or $60,223 at 6%; with 50% employer match about $60,223 at 4% or $40,148 at 6%; with 100% employer match about $45,167 at 4% or $30,111 at 6%.
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-62$2,360,578$224,028$3,613iApproximate average salary by contribution assumption: employee only about $90,334 at 4% or $60,223 at 6%; with 50% employer match about $60,223 at 4% or $40,148 at 6%; with 100% employer match about $45,167 at 4% or $30,111 at 6%.
2003162$2,010,289$204,972$3,306iApproximate average salary by contribution assumption: employee only about $82,650 at 4% or $55,100 at 6%; with 50% employer match about $55,100 at 4% or $36,733 at 6%; with 100% employer match about $41,325 at 4% or $27,550 at 6%.
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-62$2,010,289$204,972$3,306iApproximate average salary by contribution assumption: employee only about $82,650 at 4% or $55,100 at 6%; with 50% employer match about $55,100 at 4% or $36,733 at 6%; with 100% employer match about $41,325 at 4% or $27,550 at 6%.
2002163$1,590,555$211,183$3,352iApproximate average salary by contribution assumption: employee only about $83,803 at 4% or $55,869 at 6%; with 50% employer match about $55,869 at 4% or $37,246 at 6%; with 100% employer match about $41,901 at 4% or $27,934 at 6%.
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-63$1,590,555$211,183$3,352iApproximate average salary by contribution assumption: employee only about $83,803 at 4% or $55,869 at 6%; with 50% employer match about $55,869 at 4% or $37,246 at 6%; with 100% employer match about $41,901 at 4% or $27,934 at 6%.
2001162$0$0-
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-62---
2000159$1,657,277$271,590$4,603iApproximate average salary by contribution assumption: employee only about $115,081 at 4% or $76,720 at 6%; with 50% employer match about $76,720 at 4% or $51,147 at 6%; with 100% employer match about $57,540 at 4% or $38,360 at 6%.
Nichols Optical/Air Services Inc. 401(K) Profit Sharing Plan-59$1,657,277$271,590$4,603iApproximate average salary by contribution assumption: employee only about $115,081 at 4% or $76,720 at 6%; with 50% employer match about $76,720 at 4% or $51,147 at 6%; with 100% employer match about $57,540 at 4% or $38,360 at 6%.
Nichols Optical Inc. | EIN 38-2466862 | 2024 Form 5500 Company Profile