Civic Intelligence

Hi-Tech Tool Industries Inc.

Plan context: Hi-Tech Tool Industries Inc. 401K Plan

EIN 38-3033470 • Sterling Heights, MI • 24 filings • 3 plans

6701 Center Dr.Sterling Heights, MI 48312
Current Snapshot

Latest Year

2022

2022 Participants

155

2022 Assets

$6,261,738

2022 Contributions

$2,098,500

Historical Graphs

Total Assets Over Time

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

$6,261,738$3,130,869$0199920122022YearValue
$6,261,738Latest year 2022

Participants Over Time

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

155780199920112022YearValue
155Latest year 2022

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
20221155$6,261,738$2,098,500$13,539iApproximate average salary by contribution assumption: employee only about $338,468 at 4% or $225,645 at 6%; with 50% employer match about $225,645 at 4% or $150,430 at 6%; with 100% employer match about $169,234 at 4% or $112,823 at 6%.
Hi-Tech Tool Industries Inc. 401K Plan-155$6,261,738$2,098,500$13,539iApproximate average salary by contribution assumption: employee only about $338,468 at 4% or $225,645 at 6%; with 50% employer match about $225,645 at 4% or $150,430 at 6%; with 100% employer match about $169,234 at 4% or $112,823 at 6%.
20211127$6,041,925$1,024,202$8,065iApproximate average salary by contribution assumption: employee only about $201,615 at 4% or $134,410 at 6%; with 50% employer match about $134,410 at 4% or $89,606 at 6%; with 100% employer match about $100,807 at 4% or $67,205 at 6%.
Hi-Tech Tool Industries Inc. 401K Plan-127$6,041,925$1,024,202$8,065iApproximate average salary by contribution assumption: employee only about $201,615 at 4% or $134,410 at 6%; with 50% employer match about $134,410 at 4% or $89,606 at 6%; with 100% employer match about $100,807 at 4% or $67,205 at 6%.
2020183$4,876,324$728,414$8,776iApproximate average salary by contribution assumption: employee only about $219,402 at 4% or $146,268 at 6%; with 50% employer match about $146,268 at 4% or $97,512 at 6%; with 100% employer match about $109,701 at 4% or $73,134 at 6%.
Hi-Tech Tool Industries Inc. 401K Plan-83$4,876,324$728,414$8,776iApproximate average salary by contribution assumption: employee only about $219,402 at 4% or $146,268 at 6%; with 50% employer match about $146,268 at 4% or $97,512 at 6%; with 100% employer match about $109,701 at 4% or $73,134 at 6%.
2019195$4,277,811$806,043$8,485iApproximate average salary by contribution assumption: employee only about $212,117 at 4% or $141,411 at 6%; with 50% employer match about $141,411 at 4% or $94,274 at 6%; with 100% employer match about $106,058 at 4% or $70,706 at 6%.
Hi-Tech Tool Industries Inc. 401K Plan-95$4,277,811$806,043$8,485iApproximate average salary by contribution assumption: employee only about $212,117 at 4% or $141,411 at 6%; with 50% employer match about $141,411 at 4% or $94,274 at 6%; with 100% employer match about $106,058 at 4% or $70,706 at 6%.
20181104$3,766,241$847,879$8,153iApproximate average salary by contribution assumption: employee only about $203,817 at 4% or $135,878 at 6%; with 50% employer match about $135,878 at 4% or $90,585 at 6%; with 100% employer match about $101,909 at 4% or $67,939 at 6%.
Hi-Tech Tool Industries Inc. 401K Plan-104$3,766,241$847,879$8,153iApproximate average salary by contribution assumption: employee only about $203,817 at 4% or $135,878 at 6%; with 50% employer match about $135,878 at 4% or $90,585 at 6%; with 100% employer match about $101,909 at 4% or $67,939 at 6%.
20171112$5,094,636$812,742$7,257iApproximate average salary by contribution assumption: employee only about $181,416 at 4% or $120,944 at 6%; with 50% employer match about $120,944 at 4% or $80,629 at 6%; with 100% employer match about $90,708 at 4% or $60,472 at 6%.
Hi-Tech Tool Industries Inc. 401K Plan-112$5,094,636$812,742$7,257iApproximate average salary by contribution assumption: employee only about $181,416 at 4% or $120,944 at 6%; with 50% employer match about $120,944 at 4% or $80,629 at 6%; with 100% employer match about $90,708 at 4% or $60,472 at 6%.
2016184$3,721,395$611,243$7,277iApproximate average salary by contribution assumption: employee only about $181,918 at 4% or $121,278 at 6%; with 50% employer match about $121,278 at 4% or $80,852 at 6%; with 100% employer match about $90,959 at 4% or $60,639 at 6%.
Hi-Tech Tool Industries Inc. 401K Plan-84$3,721,395$611,243$7,277iApproximate average salary by contribution assumption: employee only about $181,918 at 4% or $121,278 at 6%; with 50% employer match about $121,278 at 4% or $80,852 at 6%; with 100% employer match about $90,959 at 4% or $60,639 at 6%.
2015167$3,270,205$469,919$7,014iApproximate average salary by contribution assumption: employee only about $175,343 at 4% or $116,895 at 6%; with 50% employer match about $116,895 at 4% or $77,930 at 6%; with 100% employer match about $87,671 at 4% or $58,448 at 6%.
Hi-Tech Tool Industries Inc. 401K Plan-67$3,270,205$469,919$7,014iApproximate average salary by contribution assumption: employee only about $175,343 at 4% or $116,895 at 6%; with 50% employer match about $116,895 at 4% or $77,930 at 6%; with 100% employer match about $87,671 at 4% or $58,448 at 6%.
2014156$2,731,189$334,049$5,965iApproximate average salary by contribution assumption: employee only about $149,129 at 4% or $99,419 at 6%; with 50% employer match about $99,419 at 4% or $66,280 at 6%; with 100% employer match about $74,565 at 4% or $49,710 at 6%.
Hi-Tech Tool Industries Inc. 401K Plan-56$2,731,189$334,049$5,965iApproximate average salary by contribution assumption: employee only about $149,129 at 4% or $99,419 at 6%; with 50% employer match about $99,419 at 4% or $66,280 at 6%; with 100% employer match about $74,565 at 4% or $49,710 at 6%.
2013150$2,213,273$272,000$5,440iApproximate average salary by contribution assumption: employee only about $136,000 at 4% or $90,667 at 6%; with 50% employer match about $90,667 at 4% or $60,444 at 6%; with 100% employer match about $68,000 at 4% or $45,333 at 6%.
Hi-Tech Tool Industries Inc. 401K Plan-50$2,213,273$272,000$5,440iApproximate average salary by contribution assumption: employee only about $136,000 at 4% or $90,667 at 6%; with 50% employer match about $90,667 at 4% or $60,444 at 6%; with 100% employer match about $68,000 at 4% or $45,333 at 6%.
2012140$1,531,256$113,367$2,834iApproximate average salary by contribution assumption: employee only about $70,854 at 4% or $47,236 at 6%; with 50% employer match about $47,236 at 4% or $31,491 at 6%; with 100% employer match about $35,427 at 4% or $23,618 at 6%.
Hi-Tech Tool Industries Inc. 401K Plan-40$1,531,256$113,367$2,834iApproximate average salary by contribution assumption: employee only about $70,854 at 4% or $47,236 at 6%; with 50% employer match about $47,236 at 4% or $31,491 at 6%; with 100% employer match about $35,427 at 4% or $23,618 at 6%.
2011135$1,414,803$117,663$3,362iApproximate average salary by contribution assumption: employee only about $84,045 at 4% or $56,030 at 6%; with 50% employer match about $56,030 at 4% or $37,353 at 6%; with 100% employer match about $42,023 at 4% or $28,015 at 6%.
Hi-Tech Tool Industries Inc. 401K Plan-35$1,414,803$117,663$3,362iApproximate average salary by contribution assumption: employee only about $84,045 at 4% or $56,030 at 6%; with 50% employer match about $56,030 at 4% or $37,353 at 6%; with 100% employer match about $42,023 at 4% or $28,015 at 6%.
2010131$1,348,450$95,096$3,068iApproximate average salary by contribution assumption: employee only about $76,690 at 4% or $51,127 at 6%; with 50% employer match about $51,127 at 4% or $34,085 at 6%; with 100% employer match about $38,345 at 4% or $25,563 at 6%.
Hi-Tech Tool Industries Inc. 401K Plan-31$1,348,450$95,096$3,068iApproximate average salary by contribution assumption: employee only about $76,690 at 4% or $51,127 at 6%; with 50% employer match about $51,127 at 4% or $34,085 at 6%; with 100% employer match about $38,345 at 4% or $25,563 at 6%.
2009129$1,148,198$169,801$5,855iApproximate average salary by contribution assumption: employee only about $146,380 at 4% or $97,587 at 6%; with 50% employer match about $97,587 at 4% or $65,058 at 6%; with 100% employer match about $73,190 at 4% or $48,793 at 6%.
Hi-Tech Tool Industries Inc. 401K Plan-29$1,148,198$169,801$5,855iApproximate average salary by contribution assumption: employee only about $146,380 at 4% or $97,587 at 6%; with 50% employer match about $97,587 at 4% or $65,058 at 6%; with 100% employer match about $73,190 at 4% or $48,793 at 6%.
2008121$1,327,190$185,896$8,852iApproximate average salary by contribution assumption: employee only about $221,305 at 4% or $147,537 at 6%; with 50% employer match about $147,537 at 4% or $98,358 at 6%; with 100% employer match about $110,652 at 4% or $73,768 at 6%.
Hi-Tech Tool Industries Inc. 401K Plan-21$1,327,190$185,896$8,852iApproximate average salary by contribution assumption: employee only about $221,305 at 4% or $147,537 at 6%; with 50% employer match about $147,537 at 4% or $98,358 at 6%; with 100% employer match about $110,652 at 4% or $73,768 at 6%.
2007153$0$0-
Hi-Tech Tool Industries Inc. 401K Plan-53---
2006161$2,189,646$221,987$3,639iApproximate average salary by contribution assumption: employee only about $90,978 at 4% or $60,652 at 6%; with 50% employer match about $60,652 at 4% or $40,435 at 6%; with 100% employer match about $45,489 at 4% or $30,326 at 6%.
Hi-Tech Tool Industries Inc. 401K Plan-61$2,189,646$221,987$3,639iApproximate average salary by contribution assumption: employee only about $90,978 at 4% or $60,652 at 6%; with 50% employer match about $60,652 at 4% or $40,435 at 6%; with 100% employer match about $45,489 at 4% or $30,326 at 6%.
2005159$2,621,962$260,762$4,420iApproximate average salary by contribution assumption: employee only about $110,492 at 4% or $73,662 at 6%; with 50% employer match about $73,662 at 4% or $49,108 at 6%; with 100% employer match about $55,246 at 4% or $36,831 at 6%.
Hi-Tech Tool Industries Inc. 401K Plan-59$2,621,962$260,762$4,420iApproximate average salary by contribution assumption: employee only about $110,492 at 4% or $73,662 at 6%; with 50% employer match about $73,662 at 4% or $49,108 at 6%; with 100% employer match about $55,246 at 4% or $36,831 at 6%.
2004156$2,753,877$182,243$3,254iApproximate average salary by contribution assumption: employee only about $81,358 at 4% or $54,239 at 6%; with 50% employer match about $54,239 at 4% or $36,159 at 6%; with 100% employer match about $40,679 at 4% or $27,119 at 6%.
Hi-Tech Tool Industries Inc. 401K Plan-56$2,753,877$182,243$3,254iApproximate average salary by contribution assumption: employee only about $81,358 at 4% or $54,239 at 6%; with 50% employer match about $54,239 at 4% or $36,159 at 6%; with 100% employer match about $40,679 at 4% or $27,119 at 6%.
2003145$2,670,657$161,845$3,597iApproximate average salary by contribution assumption: employee only about $89,914 at 4% or $59,943 at 6%; with 50% employer match about $59,943 at 4% or $39,962 at 6%; with 100% employer match about $44,957 at 4% or $29,971 at 6%.
Hi-Tech Tool Industries Inc. 401K Plan-45$2,670,657$161,845$3,597iApproximate average salary by contribution assumption: employee only about $89,914 at 4% or $59,943 at 6%; with 50% employer match about $59,943 at 4% or $39,962 at 6%; with 100% employer match about $44,957 at 4% or $29,971 at 6%.
2002136$2,031,750$156,718$4,353iApproximate average salary by contribution assumption: employee only about $108,832 at 4% or $72,555 at 6%; with 50% employer match about $72,555 at 4% or $48,370 at 6%; with 100% employer match about $54,416 at 4% or $36,277 at 6%.
Hi-Tech Tool Industries Inc. 401K Plan-36$2,031,750$156,718$4,353iApproximate average salary by contribution assumption: employee only about $108,832 at 4% or $72,555 at 6%; with 50% employer match about $72,555 at 4% or $48,370 at 6%; with 100% employer match about $54,416 at 4% or $36,277 at 6%.
2001131$0$0-
Hi-Tech Tool Industries Inc. 401K Plan-31---
2000129$0$0-
Hi-Tech Tool Industries Inc. 401K Plan-29---
1999129$3,675,146$263,687$9,093iApproximate average salary by contribution assumption: employee only about $227,316 at 4% or $151,544 at 6%; with 50% employer match about $151,544 at 4% or $101,030 at 6%; with 100% employer match about $113,658 at 4% or $75,772 at 6%.
Hi-Tech Tool Industries Inc. 401K Plan-29$3,675,146$263,687$9,093iApproximate average salary by contribution assumption: employee only about $227,316 at 4% or $151,544 at 6%; with 50% employer match about $151,544 at 4% or $101,030 at 6%; with 100% employer match about $113,658 at 4% or $75,772 at 6%.
Hi-Tech Tool Industries Inc. | EIN 38-3033470 | 2022 Form 5500 Company Profile