Speed Wrench Inc.
Plan context: Speed Wrench Inc. Employee Stock Ownership Plan
EIN 38-2834301 • Hudsonville, MI • 43 filings • 4 plans
Current Snapshot
Latest Year
2024
2024 Participants
180
2024 Assets
$26,891,082
2024 Contributions
$1,288,705
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 3 | 180 | $26,891,082 | $1,288,705 | $7,159iApproximate average salary by contribution assumption: employee only about $178,987 at 4% or $119,325 at 6%; with 50% employer match about $119,325 at 4% or $79,550 at 6%; with 100% employer match about $89,493 at 4% or $59,662 at 6%. |
| Speed Wrench Inc. Employee Stock Ownership Plan | - | 157 | $16,203,424 | $162,028 | $1,032iApproximate average salary by contribution assumption: employee only about $25,801 at 4% or $17,200 at 6%; with 50% employer match about $17,200 at 4% or $11,467 at 6%; with 100% employer match about $12,900 at 4% or $8,600 at 6%. |
| Speed Wrench 401K Profit Sharing Plan | - | 160 | $10,687,658 | $1,126,677 | $7,042iApproximate average salary by contribution assumption: employee only about $176,043 at 4% or $117,362 at 6%; with 50% employer match about $117,362 at 4% or $78,241 at 6%; with 100% employer match about $88,022 at 4% or $58,681 at 6%. |
| Speed Wrench Inc. Welfare Benefit Plan | - | 180 | - | - | - |
| 2023 | 3 | 182 | $23,887,689 | $1,485,427 | $8,162iApproximate average salary by contribution assumption: employee only about $204,042 at 4% or $136,028 at 6%; with 50% employer match about $136,028 at 4% or $90,685 at 6%; with 100% employer match about $102,021 at 4% or $68,014 at 6%. |
| Speed Wrench Inc. Employee Stock Ownership Plan | - | 151 | $15,354,267 | $411,435 | $2,725iApproximate average salary by contribution assumption: employee only about $68,118 at 4% or $45,412 at 6%; with 50% employer match about $45,412 at 4% or $30,275 at 6%; with 100% employer match about $34,059 at 4% or $22,706 at 6%. |
| Speed Wrench 401K Profit Sharing Plan | - | 155 | $8,533,422 | $1,073,992 | $6,929iApproximate average salary by contribution assumption: employee only about $173,225 at 4% or $115,483 at 6%; with 50% employer match about $115,483 at 4% or $76,989 at 6%; with 100% employer match about $86,612 at 4% or $57,742 at 6%. |
| Speed Wrench Inc. Welfare Benefit Plan | - | 182 | - | - | - |
| 2022 | 3 | 176 | $17,560,047 | $1,162,046 | $6,603iApproximate average salary by contribution assumption: employee only about $165,063 at 4% or $110,042 at 6%; with 50% employer match about $110,042 at 4% or $73,361 at 6%; with 100% employer match about $82,532 at 4% or $55,021 at 6%. |
| Speed Wrench Inc. Employee Stock Ownership Plan | - | 136 | $11,056,581 | $311,434 | $2,290iApproximate average salary by contribution assumption: employee only about $57,249 at 4% or $38,166 at 6%; with 50% employer match about $38,166 at 4% or $25,444 at 6%; with 100% employer match about $28,624 at 4% or $19,083 at 6%. |
| Speed Wrench 401K Profit Sharing Plan | - | 141 | $6,503,466 | $850,612 | $6,033iApproximate average salary by contribution assumption: employee only about $150,818 at 4% or $100,545 at 6%; with 50% employer match about $100,545 at 4% or $67,030 at 6%; with 100% employer match about $75,409 at 4% or $50,273 at 6%. |
| Speed Wrench Inc. Welfare Benefit Plan | - | 176 | - | - | - |
| 2021 | 3 | 411 | $16,487,941 | $1,033,431 | $2,514iApproximate average salary by contribution assumption: employee only about $62,861 at 4% or $41,907 at 6%; with 50% employer match about $41,907 at 4% or $27,938 at 6%; with 100% employer match about $31,430 at 4% or $20,954 at 6%. |
| Speed Wrench Inc. Employee Stock Ownership Plan | - | 132 | $9,158,798 | $311,447 | $2,359iApproximate average salary by contribution assumption: employee only about $58,986 at 4% or $39,324 at 6%; with 50% employer match about $39,324 at 4% or $26,216 at 6%; with 100% employer match about $29,493 at 4% or $19,662 at 6%. |
| Speed Wrench 401K Profit Sharing Plan | - | 135 | $7,329,143 | $721,984 | $5,348iApproximate average salary by contribution assumption: employee only about $133,701 at 4% or $89,134 at 6%; with 50% employer match about $89,134 at 4% or $59,423 at 6%; with 100% employer match about $66,850 at 4% or $44,567 at 6%. |
| Speed Wrench Inc. Welfare Benefit Plan | - | 411 | - | - | - |
| 2020 | 3 | 397 | $13,375,705 | $762,754 | $1,921iApproximate average salary by contribution assumption: employee only about $48,032 at 4% or $32,022 at 6%; with 50% employer match about $32,022 at 4% or $21,348 at 6%; with 100% employer match about $24,016 at 4% or $16,011 at 6%. |
| Speed Wrench Inc. Employee Stock Ownership Plan | - | 130 | $7,287,060 | $172,000 | $1,323iApproximate average salary by contribution assumption: employee only about $33,077 at 4% or $22,051 at 6%; with 50% employer match about $22,051 at 4% or $14,701 at 6%; with 100% employer match about $16,538 at 4% or $11,026 at 6%. |
| Speed Wrench 401K Profit Sharing Plan | - | 136 | $6,088,645 | $590,754 | $4,344iApproximate average salary by contribution assumption: employee only about $108,594 at 4% or $72,396 at 6%; with 50% employer match about $72,396 at 4% or $48,264 at 6%; with 100% employer match about $54,297 at 4% or $36,198 at 6%. |
| Speed Wrench Inc. Welfare Benefit Plan | - | 397 | - | - | - |
| 2019 | 3 | 423 | $9,422,838 | $616,326 | $1,457iApproximate average salary by contribution assumption: employee only about $36,426 at 4% or $24,284 at 6%; with 50% employer match about $24,284 at 4% or $16,189 at 6%; with 100% employer match about $18,213 at 4% or $12,142 at 6%. |
| Speed Wrench 401K Profit Sharing Plan | - | 129 | $5,937,628 | $616,326 | $4,778iApproximate average salary by contribution assumption: employee only about $119,443 at 4% or $79,629 at 6%; with 50% employer match about $79,629 at 4% or $53,086 at 6%; with 100% employer match about $59,722 at 4% or $39,814 at 6%. |
| Speed Wrench Inc. Employee Stock Ownership Plan | - | 126 | $3,485,210 | - | - |
| Speed Wrench Inc. Welfare Benefit Plan | - | 423 | - | - | - |
| 2018 | 3 | 385 | $7,750,114 | $548,838 | $1,426iApproximate average salary by contribution assumption: employee only about $35,639 at 4% or $23,759 at 6%; with 50% employer match about $23,759 at 4% or $15,839 at 6%; with 100% employer match about $17,819 at 4% or $11,880 at 6%. |
| Speed Wrench 401K Profit Sharing Plan | - | 123 | $4,498,082 | $547,774 | $4,453iApproximate average salary by contribution assumption: employee only about $111,336 at 4% or $74,224 at 6%; with 50% employer match about $74,224 at 4% or $49,483 at 6%; with 100% employer match about $55,668 at 4% or $37,112 at 6%. |
| Speed Wrench Inc. Employee Stock Ownership Plan | - | 123 | $3,252,032 | $1,064 | $9iApproximate average salary by contribution assumption: employee only about $216 at 4% or $144 at 6%; with 50% employer match about $144 at 4% or $96 at 6%; with 100% employer match about $108 at 4% or $72 at 6%. |
| Speed Wrench Inc. Welfare Benefit Plan | - | 385 | - | - | - |
| 2017 | 3 | 125 | $7,244,704 | $554,219 | $4,434iApproximate average salary by contribution assumption: employee only about $110,844 at 4% or $73,896 at 6%; with 50% employer match about $73,896 at 4% or $49,264 at 6%; with 100% employer match about $55,422 at 4% or $36,948 at 6%. |
| Speed Wrench 401K Profit Sharing Plan | - | 125 | $4,640,916 | $554,219 | $4,434iApproximate average salary by contribution assumption: employee only about $110,844 at 4% or $73,896 at 6%; with 50% employer match about $73,896 at 4% or $49,264 at 6%; with 100% employer match about $55,422 at 4% or $36,948 at 6%. |
| Speed Wrench Inc. Employee Stock Ownership Plan | - | 119 | $2,603,788 | - | - |
| Speed Wrench Inc. Welfare Benefit Plan | - | 0 | - | - | - |
| 2016 | 3 | 124 | $5,933,888 | $481,035 | $3,879iApproximate average salary by contribution assumption: employee only about $96,983 at 4% or $64,655 at 6%; with 50% employer match about $64,655 at 4% or $43,103 at 6%; with 100% employer match about $48,491 at 4% or $32,328 at 6%. |
| Speed Wrench 401K Profit Sharing Plan | - | 115 | $3,786,309 | $481,035 | $4,183iApproximate average salary by contribution assumption: employee only about $104,573 at 4% or $69,715 at 6%; with 50% employer match about $69,715 at 4% or $46,477 at 6%; with 100% employer match about $52,286 at 4% or $34,858 at 6%. |
| Speed Wrench Inc. Employee Stock Ownership Plan | - | 124 | $2,147,579 | - | - |
| Speed Wrench Inc. Welfare Benefit Plan | - | 0 | - | - | - |
| 2015 | 3 | 361 | $4,970,321 | $454,334 | $1,259iApproximate average salary by contribution assumption: employee only about $31,464 at 4% or $20,976 at 6%; with 50% employer match about $20,976 at 4% or $13,984 at 6%; with 100% employer match about $15,732 at 4% or $10,488 at 6%. |
| Speed Wrench 401K Profit Sharing Plan | - | 87 | $3,323,231 | $379,334 | $4,360iApproximate average salary by contribution assumption: employee only about $109,004 at 4% or $72,669 at 6%; with 50% employer match about $72,669 at 4% or $48,446 at 6%; with 100% employer match about $54,502 at 4% or $36,335 at 6%. |
| Speed Wrench Inc. Employee Stock Ownership Plan | - | 111 | $1,647,090 | $75,000 | $676iApproximate average salary by contribution assumption: employee only about $16,892 at 4% or $11,261 at 6%; with 50% employer match about $11,261 at 4% or $7,508 at 6%; with 100% employer match about $8,446 at 4% or $5,631 at 6%. |
| Speed Wrench Inc. Welfare Benefit Plan | - | 361 | - | - | - |
| 2014 | 3 | 137 | $4,400,174 | $401,478 | $2,930iApproximate average salary by contribution assumption: employee only about $73,262 at 4% or $48,842 at 6%; with 50% employer match about $48,842 at 4% or $32,561 at 6%; with 100% employer match about $36,631 at 4% or $24,421 at 6%. |
| Speed Wrench 401K Profit Sharing Plan | - | 84 | $3,073,907 | $326,478 | $3,887iApproximate average salary by contribution assumption: employee only about $97,166 at 4% or $64,777 at 6%; with 50% employer match about $64,777 at 4% or $43,185 at 6%; with 100% employer match about $48,583 at 4% or $32,389 at 6%. |
| Speed Wrench Inc. Employee Stock Ownership Plan | - | 96 | $1,326,267 | $75,000 | $781iApproximate average salary by contribution assumption: employee only about $19,531 at 4% or $13,021 at 6%; with 50% employer match about $13,021 at 4% or $8,681 at 6%; with 100% employer match about $9,766 at 4% or $6,510 at 6%. |
| Speed Wrench Inc. Welfare Benefit Plan | - | 137 | - | - | - |
| 2013 | 2 | 88 | $3,738,923 | $370,122 | $4,206iApproximate average salary by contribution assumption: employee only about $105,148 at 4% or $70,099 at 6%; with 50% employer match about $70,099 at 4% or $46,733 at 6%; with 100% employer match about $52,574 at 4% or $35,049 at 6%. |
| Speed Wrench 401K Profit Sharing Plan | - | 79 | $2,650,358 | $295,122 | $3,736iApproximate average salary by contribution assumption: employee only about $93,393 at 4% or $62,262 at 6%; with 50% employer match about $62,262 at 4% or $41,508 at 6%; with 100% employer match about $46,697 at 4% or $31,131 at 6%. |
| Speed Wrench Inc. Employee Stock Ownership Plan | - | 88 | $1,088,565 | $75,000 | $852iApproximate average salary by contribution assumption: employee only about $21,307 at 4% or $14,205 at 6%; with 50% employer match about $14,205 at 4% or $9,470 at 6%; with 100% employer match about $10,653 at 4% or $7,102 at 6%. |
| 2012 | 2 | 74 | $2,817,425 | $426,508 | $5,764iApproximate average salary by contribution assumption: employee only about $144,091 at 4% or $96,060 at 6%; with 50% employer match about $96,060 at 4% or $64,040 at 6%; with 100% employer match about $72,045 at 4% or $48,030 at 6%. |
| Speed Wrench 401K Profit Sharing Plan | - | 71 | $2,021,566 | $269,008 | $3,789iApproximate average salary by contribution assumption: employee only about $94,721 at 4% or $63,147 at 6%; with 50% employer match about $63,147 at 4% or $42,098 at 6%; with 100% employer match about $47,361 at 4% or $31,574 at 6%. |
| Speed Wrench Inc. Employee Stock Ownership Plan | - | 74 | $795,859 | $157,500 | $2,128iApproximate average salary by contribution assumption: employee only about $53,209 at 4% or $35,473 at 6%; with 50% employer match about $35,473 at 4% or $23,649 at 6%; with 100% employer match about $26,605 at 4% or $17,736 at 6%. |
| 2011 | 2 | 69 | $1,722,764 | $362,415 | $5,252iApproximate average salary by contribution assumption: employee only about $131,310 at 4% or $87,540 at 6%; with 50% employer match about $87,540 at 4% or $58,360 at 6%; with 100% employer match about $65,655 at 4% or $43,770 at 6%. |
| Speed Wrench 401K Profit Sharing Plan | - | 59 | $1,540,676 | $230,415 | $3,905iApproximate average salary by contribution assumption: employee only about $97,633 at 4% or $65,089 at 6%; with 50% employer match about $65,089 at 4% or $43,393 at 6%; with 100% employer match about $48,817 at 4% or $32,544 at 6%. |
| Speed Wrench Inc. Employee Stock Ownership Plan | - | 69 | $182,088 | $132,000 | $1,913iApproximate average salary by contribution assumption: employee only about $47,826 at 4% or $31,884 at 6%; with 50% employer match about $31,884 at 4% or $21,256 at 6%; with 100% employer match about $23,913 at 4% or $15,942 at 6%. |
| 2010 | 2 | 65 | $1,417,916 | $210,183 | $3,234iApproximate average salary by contribution assumption: employee only about $80,840 at 4% or $53,893 at 6%; with 50% employer match about $53,893 at 4% or $35,929 at 6%; with 100% employer match about $40,420 at 4% or $26,947 at 6%. |
| Speed Wrench 401K Profit Sharing Plan | - | 56 | $1,367,916 | $160,183 | $2,860iApproximate average salary by contribution assumption: employee only about $71,510 at 4% or $47,674 at 6%; with 50% employer match about $47,674 at 4% or $31,782 at 6%; with 100% employer match about $35,755 at 4% or $23,837 at 6%. |
| Speed Wrench Inc. Employee Stock Ownership Plan | - | 65 | $50,000 | $50,000 | $769iApproximate average salary by contribution assumption: employee only about $19,231 at 4% or $12,821 at 6%; with 50% employer match about $12,821 at 4% or $8,547 at 6%; with 100% employer match about $9,615 at 4% or $6,410 at 6%. |
| 2009 | 1 | 51 | $1,084,062 | $123,366 | $2,419iApproximate average salary by contribution assumption: employee only about $60,474 at 4% or $40,316 at 6%; with 50% employer match about $40,316 at 4% or $26,877 at 6%; with 100% employer match about $30,237 at 4% or $20,158 at 6%. |
| Speed Wrench 401K Profit Sharing Plan | - | 51 | $1,084,062 | $123,366 | $2,419iApproximate average salary by contribution assumption: employee only about $60,474 at 4% or $40,316 at 6%; with 50% employer match about $40,316 at 4% or $26,877 at 6%; with 100% employer match about $30,237 at 4% or $20,158 at 6%. |
| 2008 | 1 | 59 | $0 | $0 | - |
| Speed Wrench 401K Profit Sharing Plan | - | 59 | - | - | - |