Grand Rapids Industrial Process Service Inc.
Plan context: G.R.I.P.S. Inc. Profit Sharing Plan
EIN 38-3044961 • Grandville, MI • 28 filings • 5 plans
Current Snapshot
Latest Year
2024
2024 Participants
23
2024 Assets
$3,445,857
2024 Contributions
$287,138
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 | 1 | 23 | $3,445,857 | $287,138 | $12,484iApproximate average salary by contribution assumption: employee only about $312,107 at 4% or $208,071 at 6%; with 50% employer match about $208,071 at 4% or $138,714 at 6%; with 100% employer match about $156,053 at 4% or $104,036 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 23 | $3,445,857 | $287,138 | $12,484iApproximate average salary by contribution assumption: employee only about $312,107 at 4% or $208,071 at 6%; with 50% employer match about $208,071 at 4% or $138,714 at 6%; with 100% employer match about $156,053 at 4% or $104,036 at 6%. |
| 2023 | 1 | 21 | $2,722,289 | $233,084 | $11,099iApproximate average salary by contribution assumption: employee only about $277,481 at 4% or $184,987 at 6%; with 50% employer match about $184,987 at 4% or $123,325 at 6%; with 100% employer match about $138,740 at 4% or $92,494 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 21 | $2,722,289 | $233,084 | $11,099iApproximate average salary by contribution assumption: employee only about $277,481 at 4% or $184,987 at 6%; with 50% employer match about $184,987 at 4% or $123,325 at 6%; with 100% employer match about $138,740 at 4% or $92,494 at 6%. |
| 2022 | 1 | 24 | $2,778,714 | $220,885 | $9,204iApproximate average salary by contribution assumption: employee only about $230,089 at 4% or $153,392 at 6%; with 50% employer match about $153,392 at 4% or $102,262 at 6%; with 100% employer match about $115,044 at 4% or $76,696 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 24 | $2,778,714 | $220,885 | $9,204iApproximate average salary by contribution assumption: employee only about $230,089 at 4% or $153,392 at 6%; with 50% employer match about $153,392 at 4% or $102,262 at 6%; with 100% employer match about $115,044 at 4% or $76,696 at 6%. |
| 2021 | 1 | 23 | $3,278,283 | $231,516 | $10,066iApproximate average salary by contribution assumption: employee only about $251,648 at 4% or $167,765 at 6%; with 50% employer match about $167,765 at 4% or $111,843 at 6%; with 100% employer match about $125,824 at 4% or $83,883 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 23 | $3,278,283 | $231,516 | $10,066iApproximate average salary by contribution assumption: employee only about $251,648 at 4% or $167,765 at 6%; with 50% employer match about $167,765 at 4% or $111,843 at 6%; with 100% employer match about $125,824 at 4% or $83,883 at 6%. |
| 2020 | 1 | 23 | $3,289,372 | $223,770 | $9,729iApproximate average salary by contribution assumption: employee only about $243,228 at 4% or $162,152 at 6%; with 50% employer match about $162,152 at 4% or $108,101 at 6%; with 100% employer match about $121,614 at 4% or $81,076 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 23 | $3,289,372 | $223,770 | $9,729iApproximate average salary by contribution assumption: employee only about $243,228 at 4% or $162,152 at 6%; with 50% employer match about $162,152 at 4% or $108,101 at 6%; with 100% employer match about $121,614 at 4% or $81,076 at 6%. |
| 2019 | 1 | 20 | $2,600,717 | $203,594 | $10,180iApproximate average salary by contribution assumption: employee only about $254,493 at 4% or $169,662 at 6%; with 50% employer match about $169,662 at 4% or $113,108 at 6%; with 100% employer match about $127,246 at 4% or $84,831 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 20 | $2,600,717 | $203,594 | $10,180iApproximate average salary by contribution assumption: employee only about $254,493 at 4% or $169,662 at 6%; with 50% employer match about $169,662 at 4% or $113,108 at 6%; with 100% employer match about $127,246 at 4% or $84,831 at 6%. |
| 2018 | 1 | 20 | $1,947,576 | $178,709 | $8,935iApproximate average salary by contribution assumption: employee only about $223,386 at 4% or $148,924 at 6%; with 50% employer match about $148,924 at 4% or $99,283 at 6%; with 100% employer match about $111,693 at 4% or $74,462 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 20 | $1,947,576 | $178,709 | $8,935iApproximate average salary by contribution assumption: employee only about $223,386 at 4% or $148,924 at 6%; with 50% employer match about $148,924 at 4% or $99,283 at 6%; with 100% employer match about $111,693 at 4% or $74,462 at 6%. |
| 2017 | 1 | 19 | $1,929,202 | $170,080 | $8,952iApproximate average salary by contribution assumption: employee only about $223,789 at 4% or $149,193 at 6%; with 50% employer match about $149,193 at 4% or $99,462 at 6%; with 100% employer match about $111,895 at 4% or $74,596 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 19 | $1,929,202 | $170,080 | $8,952iApproximate average salary by contribution assumption: employee only about $223,789 at 4% or $149,193 at 6%; with 50% employer match about $149,193 at 4% or $99,462 at 6%; with 100% employer match about $111,895 at 4% or $74,596 at 6%. |
| 2016 | 1 | 18 | $1,480,345 | $146,490 | $8,138iApproximate average salary by contribution assumption: employee only about $203,458 at 4% or $135,639 at 6%; with 50% employer match about $135,639 at 4% or $90,426 at 6%; with 100% employer match about $101,729 at 4% or $67,819 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 18 | $1,480,345 | $146,490 | $8,138iApproximate average salary by contribution assumption: employee only about $203,458 at 4% or $135,639 at 6%; with 50% employer match about $135,639 at 4% or $90,426 at 6%; with 100% employer match about $101,729 at 4% or $67,819 at 6%. |
| 2015 | 1 | 15 | $1,264,480 | $129,910 | $8,661iApproximate average salary by contribution assumption: employee only about $216,517 at 4% or $144,344 at 6%; with 50% employer match about $144,344 at 4% or $96,230 at 6%; with 100% employer match about $108,258 at 4% or $72,172 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 15 | $1,264,480 | $129,910 | $8,661iApproximate average salary by contribution assumption: employee only about $216,517 at 4% or $144,344 at 6%; with 50% employer match about $144,344 at 4% or $96,230 at 6%; with 100% employer match about $108,258 at 4% or $72,172 at 6%. |
| 2014 | 1 | 15 | $1,426,887 | $131,782 | $8,785iApproximate average salary by contribution assumption: employee only about $219,637 at 4% or $146,424 at 6%; with 50% employer match about $146,424 at 4% or $97,616 at 6%; with 100% employer match about $109,818 at 4% or $73,212 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 15 | $1,426,887 | $131,782 | $8,785iApproximate average salary by contribution assumption: employee only about $219,637 at 4% or $146,424 at 6%; with 50% employer match about $146,424 at 4% or $97,616 at 6%; with 100% employer match about $109,818 at 4% or $73,212 at 6%. |
| 2013 | 1 | 15 | $1,217,101 | $110,363 | $7,358iApproximate average salary by contribution assumption: employee only about $183,938 at 4% or $122,626 at 6%; with 50% employer match about $122,626 at 4% or $81,750 at 6%; with 100% employer match about $91,969 at 4% or $61,313 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 15 | $1,217,101 | $110,363 | $7,358iApproximate average salary by contribution assumption: employee only about $183,938 at 4% or $122,626 at 6%; with 50% employer match about $122,626 at 4% or $81,750 at 6%; with 100% employer match about $91,969 at 4% or $61,313 at 6%. |
| 2012 | 1 | 15 | $964,281 | $95,563 | $6,371iApproximate average salary by contribution assumption: employee only about $159,272 at 4% or $106,181 at 6%; with 50% employer match about $106,181 at 4% or $70,787 at 6%; with 100% employer match about $79,636 at 4% or $53,091 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 15 | $964,281 | $95,563 | $6,371iApproximate average salary by contribution assumption: employee only about $159,272 at 4% or $106,181 at 6%; with 50% employer match about $106,181 at 4% or $70,787 at 6%; with 100% employer match about $79,636 at 4% or $53,091 at 6%. |
| 2011 | 1 | 13 | $818,339 | $78,299 | $6,023iApproximate average salary by contribution assumption: employee only about $150,575 at 4% or $100,383 at 6%; with 50% employer match about $100,383 at 4% or $66,922 at 6%; with 100% employer match about $75,288 at 4% or $50,192 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 13 | $818,339 | $78,299 | $6,023iApproximate average salary by contribution assumption: employee only about $150,575 at 4% or $100,383 at 6%; with 50% employer match about $100,383 at 4% or $66,922 at 6%; with 100% employer match about $75,288 at 4% or $50,192 at 6%. |
| 2010 | 1 | 12 | $814,755 | $64,630 | $5,386iApproximate average salary by contribution assumption: employee only about $134,646 at 4% or $89,764 at 6%; with 50% employer match about $89,764 at 4% or $59,843 at 6%; with 100% employer match about $67,323 at 4% or $44,882 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 12 | $814,755 | $64,630 | $5,386iApproximate average salary by contribution assumption: employee only about $134,646 at 4% or $89,764 at 6%; with 50% employer match about $89,764 at 4% or $59,843 at 6%; with 100% employer match about $67,323 at 4% or $44,882 at 6%. |
| 2009 | 1 | 13 | $703,831 | $97,232 | $7,479iApproximate average salary by contribution assumption: employee only about $186,985 at 4% or $124,656 at 6%; with 50% employer match about $124,656 at 4% or $83,104 at 6%; with 100% employer match about $93,492 at 4% or $62,328 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 13 | $703,831 | $97,232 | $7,479iApproximate average salary by contribution assumption: employee only about $186,985 at 4% or $124,656 at 6%; with 50% employer match about $124,656 at 4% or $83,104 at 6%; with 100% employer match about $93,492 at 4% or $62,328 at 6%. |
| 2008 | 1 | 16 | $650,881 | $152,290 | $9,518iApproximate average salary by contribution assumption: employee only about $237,953 at 4% or $158,635 at 6%; with 50% employer match about $158,635 at 4% or $105,757 at 6%; with 100% employer match about $118,977 at 4% or $79,318 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 16 | $650,881 | $152,290 | $9,518iApproximate average salary by contribution assumption: employee only about $237,953 at 4% or $158,635 at 6%; with 50% employer match about $158,635 at 4% or $105,757 at 6%; with 100% employer match about $118,977 at 4% or $79,318 at 6%. |
| 2007 | 1 | 15 | $914,689 | $137,036 | $9,136iApproximate average salary by contribution assumption: employee only about $228,393 at 4% or $152,262 at 6%; with 50% employer match about $152,262 at 4% or $101,508 at 6%; with 100% employer match about $114,197 at 4% or $76,131 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 15 | $914,689 | $137,036 | $9,136iApproximate average salary by contribution assumption: employee only about $228,393 at 4% or $152,262 at 6%; with 50% employer match about $152,262 at 4% or $101,508 at 6%; with 100% employer match about $114,197 at 4% or $76,131 at 6%. |
| 2006 | 1 | 12 | $732,578 | $96,155 | $8,013iApproximate average salary by contribution assumption: employee only about $200,323 at 4% or $133,549 at 6%; with 50% employer match about $133,549 at 4% or $89,032 at 6%; with 100% employer match about $100,161 at 4% or $66,774 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 12 | $732,578 | $96,155 | $8,013iApproximate average salary by contribution assumption: employee only about $200,323 at 4% or $133,549 at 6%; with 50% employer match about $133,549 at 4% or $89,032 at 6%; with 100% employer match about $100,161 at 4% or $66,774 at 6%. |
| 2005 | 1 | 11 | $566,637 | $72,520 | $6,593iApproximate average salary by contribution assumption: employee only about $164,818 at 4% or $109,879 at 6%; with 50% employer match about $109,879 at 4% or $73,253 at 6%; with 100% employer match about $82,409 at 4% or $54,939 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 11 | $566,637 | $72,520 | $6,593iApproximate average salary by contribution assumption: employee only about $164,818 at 4% or $109,879 at 6%; with 50% employer match about $109,879 at 4% or $73,253 at 6%; with 100% employer match about $82,409 at 4% or $54,939 at 6%. |
| 2004 | 2 | 14 | $451,448 | $256,316 | $18,308iApproximate average salary by contribution assumption: employee only about $457,707 at 4% or $305,138 at 6%; with 50% employer match about $305,138 at 4% or $203,425 at 6%; with 100% employer match about $228,854 at 4% or $152,569 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 14 | $451,448 | $209,643 | $14,975iApproximate average salary by contribution assumption: employee only about $374,363 at 4% or $249,575 at 6%; with 50% employer match about $249,575 at 4% or $166,383 at 6%; with 100% employer match about $187,181 at 4% or $124,788 at 6%. |
| G.R.I.P.S., INC. RETIREMENT SAVINGS PLAN FOR HOURLY EMPLOYEES | - | 0 | - | $46,673 | - |
| 2003 | 2 | 9 | $335,266 | $89,353 | $9,928iApproximate average salary by contribution assumption: employee only about $248,203 at 4% or $165,469 at 6%; with 50% employer match about $165,469 at 4% or $110,312 at 6%; with 100% employer match about $124,101 at 4% or $82,734 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 6 | $204,007 | $23,765 | $3,961iApproximate average salary by contribution assumption: employee only about $99,021 at 4% or $66,014 at 6%; with 50% employer match about $66,014 at 4% or $44,009 at 6%; with 100% employer match about $49,510 at 4% or $33,007 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 9 | $131,259 | $65,588 | $7,288iApproximate average salary by contribution assumption: employee only about $182,189 at 4% or $121,459 at 6%; with 50% employer match about $121,459 at 4% or $80,973 at 6%; with 100% employer match about $91,094 at 4% or $60,730 at 6%. |
| 2002 | 1 | 10 | $47,031 | $46,454 | $4,645iApproximate average salary by contribution assumption: employee only about $116,135 at 4% or $77,423 at 6%; with 50% employer match about $77,423 at 4% or $51,616 at 6%; with 100% employer match about $58,067 at 4% or $38,712 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 10 | $47,031 | $46,454 | $4,645iApproximate average salary by contribution assumption: employee only about $116,135 at 4% or $77,423 at 6%; with 50% employer match about $77,423 at 4% or $51,616 at 6%; with 100% employer match about $58,067 at 4% or $38,712 at 6%. |
| 2001 | 1 | 0 | $157,721 | $30,000 | - |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 0 | $157,721 | $30,000 | - |
| 2000 | 1 | 3 | $135,519 | $30,000 | $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%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 3 | $135,519 | $30,000 | $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%. |
| 1999 | 1 | 5 | $113,386 | $36,886 | $7,377iApproximate average salary by contribution assumption: employee only about $184,430 at 4% or $122,953 at 6%; with 50% employer match about $122,953 at 4% or $81,969 at 6%; with 100% employer match about $92,215 at 4% or $61,477 at 6%. |
| G.R.I.P.S. Inc. Profit Sharing Plan | - | 5 | $113,386 | $36,886 | $7,377iApproximate average salary by contribution assumption: employee only about $184,430 at 4% or $122,953 at 6%; with 50% employer match about $122,953 at 4% or $81,969 at 6%; with 100% employer match about $92,215 at 4% or $61,477 at 6%. |