Civic Intelligence

Hi-Tech Furnace Systems Inc.

Plan context: Hi-Tech Furnace Systems Inc. Profit Sharing Plan

EIN 38-2942119 • Shelby Twp, MI • 23 filings • 2 plans

13179 W Star DrShelby Twp, MI 48315
Current Snapshot

Latest Year

2023

2023 Participants

10

2023 Assets

$2,877,446

2023 Contributions

$147,654

Historical Graphs

Total Assets Over Time

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

$4,033,918$2,016,959$0200420152023YearValue
$2,877,446Latest year 2023

Participants Over Time

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

1050200020122023YearValue
10Latest 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
2023110$2,877,446$147,654$14,765iApproximate average salary by contribution assumption: employee only about $369,135 at 4% or $246,090 at 6%; with 50% employer match about $246,090 at 4% or $164,060 at 6%; with 100% employer match about $184,568 at 4% or $123,045 at 6%.
Hi-Tech Furnace Systems Inc. Profit Sharing Plan-10$2,877,446$147,654$14,765iApproximate average salary by contribution assumption: employee only about $369,135 at 4% or $246,090 at 6%; with 50% employer match about $246,090 at 4% or $164,060 at 6%; with 100% employer match about $184,568 at 4% or $123,045 at 6%.
2022110$3,674,819$137,500$13,750iApproximate average salary by contribution assumption: employee only about $343,750 at 4% or $229,167 at 6%; with 50% employer match about $229,167 at 4% or $152,778 at 6%; with 100% employer match about $171,875 at 4% or $114,583 at 6%.
Hi-Tech Furnace Systems Inc. Profit Sharing Plan-10$3,674,819$137,500$13,750iApproximate average salary by contribution assumption: employee only about $343,750 at 4% or $229,167 at 6%; with 50% employer match about $229,167 at 4% or $152,778 at 6%; with 100% employer match about $171,875 at 4% or $114,583 at 6%.
2021110$3,390,344$100,000$10,000iApproximate average salary by contribution assumption: employee only about $250,000 at 4% or $166,667 at 6%; with 50% employer match about $166,667 at 4% or $111,111 at 6%; with 100% employer match about $125,000 at 4% or $83,333 at 6%.
Hi-Tech Furnace Systems Inc. Profit Sharing Plan-10$3,390,344$100,000$10,000iApproximate average salary by contribution assumption: employee only about $250,000 at 4% or $166,667 at 6%; with 50% employer match about $166,667 at 4% or $111,111 at 6%; with 100% employer match about $125,000 at 4% or $83,333 at 6%.
202017$4,033,918$100,000$14,286iApproximate average salary by contribution assumption: employee only about $357,143 at 4% or $238,095 at 6%; with 50% employer match about $238,095 at 4% or $158,730 at 6%; with 100% employer match about $178,571 at 4% or $119,048 at 6%.
Hi-Tech Furnace Systems Inc. Profit Sharing Plan-7$4,033,918$100,000$14,286iApproximate average salary by contribution assumption: employee only about $357,143 at 4% or $238,095 at 6%; with 50% employer match about $238,095 at 4% or $158,730 at 6%; with 100% employer match about $178,571 at 4% or $119,048 at 6%.
201918$3,071,172$100,000$12,500iApproximate average salary by contribution assumption: employee only about $312,500 at 4% or $208,333 at 6%; with 50% employer match about $208,333 at 4% or $138,889 at 6%; with 100% employer match about $156,250 at 4% or $104,167 at 6%.
Hi-Tech Furnace Systems Inc. Profit Sharing Plan-8$3,071,172$100,000$12,500iApproximate average salary by contribution assumption: employee only about $312,500 at 4% or $208,333 at 6%; with 50% employer match about $208,333 at 4% or $138,889 at 6%; with 100% employer match about $156,250 at 4% or $104,167 at 6%.
201817$2,729,045$100,000$14,286iApproximate average salary by contribution assumption: employee only about $357,143 at 4% or $238,095 at 6%; with 50% employer match about $238,095 at 4% or $158,730 at 6%; with 100% employer match about $178,571 at 4% or $119,048 at 6%.
Hi-Tech Furnace Systems Inc. Profit Sharing Plan-7$2,729,045$100,000$14,286iApproximate average salary by contribution assumption: employee only about $357,143 at 4% or $238,095 at 6%; with 50% employer match about $238,095 at 4% or $158,730 at 6%; with 100% employer match about $178,571 at 4% or $119,048 at 6%.
201716$2,489,084$80,000$13,333iApproximate average salary by contribution assumption: employee only about $333,333 at 4% or $222,222 at 6%; with 50% employer match about $222,222 at 4% or $148,148 at 6%; with 100% employer match about $166,667 at 4% or $111,111 at 6%.
Hi-Tech Furnace Systems Inc. Profit Sharing Plan-6$2,489,084$80,000$13,333iApproximate average salary by contribution assumption: employee only about $333,333 at 4% or $222,222 at 6%; with 50% employer match about $222,222 at 4% or $148,148 at 6%; with 100% employer match about $166,667 at 4% or $111,111 at 6%.
201616$2,403,147$10,000$1,667iApproximate average salary by contribution assumption: employee only about $41,667 at 4% or $27,778 at 6%; with 50% employer match about $27,778 at 4% or $18,519 at 6%; with 100% employer match about $20,833 at 4% or $13,889 at 6%.
Hi-Tech Furnace Systems Inc. Profit Sharing Plan-6$2,403,147$10,000$1,667iApproximate average salary by contribution assumption: employee only about $41,667 at 4% or $27,778 at 6%; with 50% employer match about $27,778 at 4% or $18,519 at 6%; with 100% employer match about $20,833 at 4% or $13,889 at 6%.
201516$2,065,413$70,000$11,667iApproximate average salary by contribution assumption: employee only about $291,667 at 4% or $194,444 at 6%; with 50% employer match about $194,444 at 4% or $129,630 at 6%; with 100% employer match about $145,833 at 4% or $97,222 at 6%.
Hi-Tech Furnace Systems Inc. Profit Sharing Plan-6$2,065,413$70,000$11,667iApproximate average salary by contribution assumption: employee only about $291,667 at 4% or $194,444 at 6%; with 50% employer match about $194,444 at 4% or $129,630 at 6%; with 100% employer match about $145,833 at 4% or $97,222 at 6%.
201416$1,976,862$0-
Hi-Tech Furnace Systems Inc. Profit Sharing Plan-6$1,976,862--
201316$2,020,729$0-
Hi-Tech Furnace Systems Inc. Profit Sharing Plan-6$2,020,729--
201217$1,873,374$0-
Hi-Tech Furnace Systems Inc. Profit Sharing Plan-7$1,873,374--
201116$1,531,406$70,000$11,667iApproximate average salary by contribution assumption: employee only about $291,667 at 4% or $194,444 at 6%; with 50% employer match about $194,444 at 4% or $129,630 at 6%; with 100% employer match about $145,833 at 4% or $97,222 at 6%.
Hi-Tech Furnace Systems Inc. Profit Sharing Plan-6$1,531,406$70,000$11,667iApproximate average salary by contribution assumption: employee only about $291,667 at 4% or $194,444 at 6%; with 50% employer match about $194,444 at 4% or $129,630 at 6%; with 100% employer match about $145,833 at 4% or $97,222 at 6%.
201016$1,377,674$100,000$16,667iApproximate average salary by contribution assumption: employee only about $416,667 at 4% or $277,778 at 6%; with 50% employer match about $277,778 at 4% or $185,185 at 6%; with 100% employer match about $208,333 at 4% or $138,889 at 6%.
Hi-Tech Furnace Systems Inc. Profit Sharing Plan-6$1,377,674$100,000$16,667iApproximate average salary by contribution assumption: employee only about $416,667 at 4% or $277,778 at 6%; with 50% employer match about $277,778 at 4% or $185,185 at 6%; with 100% employer match about $208,333 at 4% or $138,889 at 6%.
200915$1,241,700$71,500$14,300iApproximate average salary by contribution assumption: employee only about $357,500 at 4% or $238,333 at 6%; with 50% employer match about $238,333 at 4% or $158,889 at 6%; with 100% employer match about $178,750 at 4% or $119,167 at 6%.
Hi-Tech Furnace Systems Inc. Profit Sharing Plan-5$1,241,700$71,500$14,300iApproximate average salary by contribution assumption: employee only about $357,500 at 4% or $238,333 at 6%; with 50% employer match about $238,333 at 4% or $158,889 at 6%; with 100% employer match about $178,750 at 4% or $119,167 at 6%.
200716$0$0-
Hi-Tech Furnace Systems Inc. Profit Sharing Plan-6---
200616$0$0-
Hi-Tech Furnace Systems Inc. Profit Sharing Plan-6---
200516$1,043,955$110,093$18,349iApproximate average salary by contribution assumption: employee only about $458,721 at 4% or $305,814 at 6%; with 50% employer match about $305,814 at 4% or $203,876 at 6%; with 100% employer match about $229,360 at 4% or $152,907 at 6%.
Hi-Tech Furnace Systems Inc. Profit Sharing Plan-6$1,043,955$110,093$18,349iApproximate average salary by contribution assumption: employee only about $458,721 at 4% or $305,814 at 6%; with 50% employer match about $305,814 at 4% or $203,876 at 6%; with 100% employer match about $229,360 at 4% or $152,907 at 6%.
200415$808,194$0-
Hi-Tech Furnace Systems Inc. Profit Sharing Plan-5$808,194--
200315$0$0-
Hi-Tech Furnace Systems Inc. Profit Sharing Plan-5---
200215$0$0-
Hi-Tech Furnace Systems Inc. Profit Sharing Plan-5---
200116$0$0-
Hi-Tech Furnace Systems Inc. Profit Sharing Plan-6---
200016$0$0-
Hi-Tech Furnace Systems Inc. Profit Sharing Plan-6---