Civic Intelligence

Foundry Products Incorporated

Plan context: Foundry Products Incorporated Profit Sharing Plan & Trust

EIN 38-2488924 • Westland, MI • 23 filings • 2 plans

6000 Hix RoadWestland, MI 48185
Current Snapshot

Latest Year

2023

2023 Participants

4

2023 Assets

$439,415

2023 Contributions

$32,700

Historical Graphs

Total Assets Over Time

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

$893,314$446,657$0199920132023YearValue
$439,415Latest year 2023

Participants Over Time

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

950199920112023YearValue
4Latest year 2023

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
202314$439,415$0-
Foundry Products Incorporated Profit Sharing Plan & Trust-4$439,415--
202215$427,364$0-
Foundry Products Incorporated Profit Sharing Plan & Trust-5$427,364--
202115$406,873$0-
Foundry Products Incorporated Profit Sharing Plan & Trust-5$406,873--
202015$471,962$0-
Foundry Products Incorporated Profit Sharing Plan & Trust-5$471,962--
201916$597,348$0-
Foundry Products Incorporated Profit Sharing Plan & Trust-6$597,348--
201718$613,248$32,700$4,088iApproximate average salary by contribution assumption: employee only about $102,188 at 4% or $68,125 at 6%; with 50% employer match about $68,125 at 4% or $45,417 at 6%; with 100% employer match about $51,094 at 4% or $34,063 at 6%.
Foundry Products Incorporated Profit Sharing Plan & Trust-8$613,248$32,700$4,088iApproximate average salary by contribution assumption: employee only about $102,188 at 4% or $68,125 at 6%; with 50% employer match about $68,125 at 4% or $45,417 at 6%; with 100% employer match about $51,094 at 4% or $34,063 at 6%.
201618$595,997$25,293$3,162iApproximate average salary by contribution assumption: employee only about $79,041 at 4% or $52,694 at 6%; with 50% employer match about $52,694 at 4% or $35,129 at 6%; with 100% employer match about $39,520 at 4% or $26,347 at 6%.
Foundry Products Incorporated Profit Sharing Plan & Trust-8$595,997$25,293$3,162iApproximate average salary by contribution assumption: employee only about $79,041 at 4% or $52,694 at 6%; with 50% employer match about $52,694 at 4% or $35,129 at 6%; with 100% employer match about $39,520 at 4% or $26,347 at 6%.
201518$515,095$14,182$1,773iApproximate average salary by contribution assumption: employee only about $44,319 at 4% or $29,546 at 6%; with 50% employer match about $29,546 at 4% or $19,697 at 6%; with 100% employer match about $22,159 at 4% or $14,773 at 6%.
Foundry Products Incorporated Profit Sharing Plan & Trust-8$515,095$14,182$1,773iApproximate average salary by contribution assumption: employee only about $44,319 at 4% or $29,546 at 6%; with 50% employer match about $29,546 at 4% or $19,697 at 6%; with 100% employer match about $22,159 at 4% or $14,773 at 6%.
201418$557,139$27,005$3,376iApproximate average salary by contribution assumption: employee only about $84,391 at 4% or $56,260 at 6%; with 50% employer match about $56,260 at 4% or $37,507 at 6%; with 100% employer match about $42,195 at 4% or $28,130 at 6%.
Foundry Products Incorporated Profit Sharing Plan & Trust-8$557,139$27,005$3,376iApproximate average salary by contribution assumption: employee only about $84,391 at 4% or $56,260 at 6%; with 50% employer match about $56,260 at 4% or $37,507 at 6%; with 100% employer match about $42,195 at 4% or $28,130 at 6%.
201319$893,314$49,365$5,485iApproximate average salary by contribution assumption: employee only about $137,125 at 4% or $91,417 at 6%; with 50% employer match about $91,417 at 4% or $60,944 at 6%; with 100% employer match about $68,563 at 4% or $45,708 at 6%.
Foundry Products Incorporated Profit Sharing Plan & Trust-9$893,314$49,365$5,485iApproximate average salary by contribution assumption: employee only about $137,125 at 4% or $91,417 at 6%; with 50% employer match about $91,417 at 4% or $60,944 at 6%; with 100% employer match about $68,563 at 4% or $45,708 at 6%.
201219$790,236$49,998$5,555iApproximate average salary by contribution assumption: employee only about $138,883 at 4% or $92,589 at 6%; with 50% employer match about $92,589 at 4% or $61,726 at 6%; with 100% employer match about $69,442 at 4% or $46,294 at 6%.
Foundry Products Incorporated Profit Sharing Plan & Trust-9$790,236$49,998$5,555iApproximate average salary by contribution assumption: employee only about $138,883 at 4% or $92,589 at 6%; with 50% employer match about $92,589 at 4% or $61,726 at 6%; with 100% employer match about $69,442 at 4% or $46,294 at 6%.
201119$637,661$32,061$3,562iApproximate average salary by contribution assumption: employee only about $89,058 at 4% or $59,372 at 6%; with 50% employer match about $59,372 at 4% or $39,581 at 6%; with 100% employer match about $44,529 at 4% or $29,686 at 6%.
Foundry Products Incorporated Profit Sharing Plan & Trust-9$637,661$32,061$3,562iApproximate average salary by contribution assumption: employee only about $89,058 at 4% or $59,372 at 6%; with 50% employer match about $59,372 at 4% or $39,581 at 6%; with 100% employer match about $44,529 at 4% or $29,686 at 6%.
201018$699,932$31,342$3,918iApproximate average salary by contribution assumption: employee only about $97,944 at 4% or $65,296 at 6%; with 50% employer match about $65,296 at 4% or $43,531 at 6%; with 100% employer match about $48,972 at 4% or $32,648 at 6%.
Foundry Products Incorporated Profit Sharing Plan & Trust-8$699,932$31,342$3,918iApproximate average salary by contribution assumption: employee only about $97,944 at 4% or $65,296 at 6%; with 50% employer match about $65,296 at 4% or $43,531 at 6%; with 100% employer match about $48,972 at 4% or $32,648 at 6%.
200917$662,288$21,524$3,075iApproximate average salary by contribution assumption: employee only about $76,871 at 4% or $51,248 at 6%; with 50% employer match about $51,248 at 4% or $34,165 at 6%; with 100% employer match about $38,436 at 4% or $25,624 at 6%.
Foundry Products Incorporated Profit Sharing Plan & Trust-7$662,288$21,524$3,075iApproximate average salary by contribution assumption: employee only about $76,871 at 4% or $51,248 at 6%; with 50% employer match about $51,248 at 4% or $34,165 at 6%; with 100% employer match about $38,436 at 4% or $25,624 at 6%.
200817$0$0-
Foundry Products Incorporated Profit Sharing Plan & Trust-7---
200718$0$0-
Foundry Products Incorporated Profit Sharing Plan & Trust-8---
200618$888,520$107,216$13,402iApproximate average salary by contribution assumption: employee only about $335,050 at 4% or $223,367 at 6%; with 50% employer match about $223,367 at 4% or $148,911 at 6%; with 100% employer match about $167,525 at 4% or $111,683 at 6%.
Foundry Products Incorporated Profit Sharing Plan & Trust-8$888,520$107,216$13,402iApproximate average salary by contribution assumption: employee only about $335,050 at 4% or $223,367 at 6%; with 50% employer match about $223,367 at 4% or $148,911 at 6%; with 100% employer match about $167,525 at 4% or $111,683 at 6%.
200518$677,919$111,450$13,931iApproximate average salary by contribution assumption: employee only about $348,281 at 4% or $232,188 at 6%; with 50% employer match about $232,188 at 4% or $154,792 at 6%; with 100% employer match about $174,141 at 4% or $116,094 at 6%.
Foundry Products Incorporated Profit Sharing Plan & Trust-8$677,919$111,450$13,931iApproximate average salary by contribution assumption: employee only about $348,281 at 4% or $232,188 at 6%; with 50% employer match about $232,188 at 4% or $154,792 at 6%; with 100% employer match about $174,141 at 4% or $116,094 at 6%.
200418$540,834$113,494$14,187iApproximate average salary by contribution assumption: employee only about $354,669 at 4% or $236,446 at 6%; with 50% employer match about $236,446 at 4% or $157,631 at 6%; with 100% employer match about $177,334 at 4% or $118,223 at 6%.
Foundry Products Incorporated Profit Sharing Plan & Trust-8$540,834$113,494$14,187iApproximate average salary by contribution assumption: employee only about $354,669 at 4% or $236,446 at 6%; with 50% employer match about $236,446 at 4% or $157,631 at 6%; with 100% employer match about $177,334 at 4% or $118,223 at 6%.
200318$0$0-
Foundry Products Incorporated Profit Sharing Plan & Trust-8---
200219$362,702$18,123$2,014iApproximate average salary by contribution assumption: employee only about $50,342 at 4% or $33,561 at 6%; with 50% employer match about $33,561 at 4% or $22,374 at 6%; with 100% employer match about $25,171 at 4% or $16,781 at 6%.
Foundry Products Incorporated Profit Sharing Plan & Trust-9$362,702$18,123$2,014iApproximate average salary by contribution assumption: employee only about $50,342 at 4% or $33,561 at 6%; with 50% employer match about $33,561 at 4% or $22,374 at 6%; with 100% employer match about $25,171 at 4% or $16,781 at 6%.
200118$0$0-
Foundry Products Incorporated Profit Sharing Plan & Trust-8---
199919$464,103$24,795$2,755iApproximate average salary by contribution assumption: employee only about $68,875 at 4% or $45,917 at 6%; with 50% employer match about $45,917 at 4% or $30,611 at 6%; with 100% employer match about $34,438 at 4% or $22,958 at 6%.
Foundry Products Incorporated Profit Sharing Plan & Trust-9$464,103$24,795$2,755iApproximate average salary by contribution assumption: employee only about $68,875 at 4% or $45,917 at 6%; with 50% employer match about $45,917 at 4% or $30,611 at 6%; with 100% employer match about $34,438 at 4% or $22,958 at 6%.