Civic Intelligence

Professional Fabricating & Manufacturing

Plan context: PROFESSIONAL FABRICATING INC. 401(K) PLAN

EIN 38-3075559 • Grand Rapids, MI • 9 filings • 2 plans

902 47th Street S.w.Grand Rapids, MI 49509
Current Snapshot

Latest Year

2024

2024 Participants

51

2024 Assets

$1,723,171

2024 Contributions

$347,706

Historical Graphs

Total Assets Over Time

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

$2,475,242$1,237,621$0202020222024YearValue
$1,723,171Latest year 2024

Participants Over Time

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

57290202020222024YearValue
51Latest year 2024

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
2024251$1,723,171$347,706$6,818iApproximate average salary by contribution assumption: employee only about $170,444 at 4% or $113,629 at 6%; with 50% employer match about $113,629 at 4% or $75,753 at 6%; with 100% employer match about $85,222 at 4% or $56,815 at 6%.
PROFESSIONAL FABRICATING INC. 401(K) PLAN-51$1,372,171$212,217$4,161iApproximate average salary by contribution assumption: employee only about $104,028 at 4% or $69,352 at 6%; with 50% employer match about $69,352 at 4% or $46,235 at 6%; with 100% employer match about $52,014 at 4% or $34,676 at 6%.
Professional Fabricating Inc. Employee Stock Ownership Plan-48$351,000$135,489$2,823iApproximate average salary by contribution assumption: employee only about $70,567 at 4% or $47,045 at 6%; with 50% employer match about $47,045 at 4% or $31,363 at 6%; with 100% employer match about $35,284 at 4% or $23,522 at 6%.
2023257$1,839,202$329,328$5,778iApproximate average salary by contribution assumption: employee only about $144,442 at 4% or $96,295 at 6%; with 50% employer match about $96,295 at 4% or $64,196 at 6%; with 100% employer match about $72,221 at 4% or $48,147 at 6%.
PROFESSIONAL FABRICATING INC. 401(K) PLAN-54$1,210,702$199,679$3,698iApproximate average salary by contribution assumption: employee only about $92,444 at 4% or $61,629 at 6%; with 50% employer match about $61,629 at 4% or $41,086 at 6%; with 100% employer match about $46,222 at 4% or $30,815 at 6%.
Professional Fabricating Inc. Employee Stock Ownership Plan-57$628,500$129,649$2,275iApproximate average salary by contribution assumption: employee only about $56,864 at 4% or $37,909 at 6%; with 50% employer match about $37,909 at 4% or $25,273 at 6%; with 100% employer match about $28,432 at 4% or $18,955 at 6%.
2022251$1,920,144$433,968$8,509iApproximate average salary by contribution assumption: employee only about $212,729 at 4% or $141,820 at 6%; with 50% employer match about $141,820 at 4% or $94,546 at 6%; with 100% employer match about $106,365 at 4% or $70,910 at 6%.
PROFESSIONAL FABRICATING INC. 401(K) PLAN-51$1,014,144$180,130$3,532iApproximate average salary by contribution assumption: employee only about $88,299 at 4% or $58,866 at 6%; with 50% employer match about $58,866 at 4% or $39,244 at 6%; with 100% employer match about $44,150 at 4% or $29,433 at 6%.
Professional Fabricating Inc. Employee Stock Ownership Plan-46$906,000$253,838$5,518iApproximate average salary by contribution assumption: employee only about $137,955 at 4% or $91,970 at 6%; with 50% employer match about $91,970 at 4% or $61,314 at 6%; with 100% employer match about $68,978 at 4% or $45,985 at 6%.
2021249$2,475,242$175,470$3,581iApproximate average salary by contribution assumption: employee only about $89,526 at 4% or $59,684 at 6%; with 50% employer match about $59,684 at 4% or $39,789 at 6%; with 100% employer match about $44,763 at 4% or $29,842 at 6%.
PROFESSIONAL FABRICATING INC. 401(K) PLAN-49$1,297,742$175,470$3,581iApproximate average salary by contribution assumption: employee only about $89,526 at 4% or $59,684 at 6%; with 50% employer match about $59,684 at 4% or $39,789 at 6%; with 100% employer match about $44,763 at 4% or $29,842 at 6%.
Professional Fabricating Inc. Employee Stock Ownership Plan-46$1,177,500--
2020157$1,030,870$966,331$16,953iApproximate average salary by contribution assumption: employee only about $423,829 at 4% or $282,553 at 6%; with 50% employer match about $282,553 at 4% or $188,369 at 6%; with 100% employer match about $211,915 at 4% or $141,276 at 6%.
PROFESSIONAL FABRICATING INC. 401(K) PLAN-57$1,030,870$966,331$16,953iApproximate average salary by contribution assumption: employee only about $423,829 at 4% or $282,553 at 6%; with 50% employer match about $282,553 at 4% or $188,369 at 6%; with 100% employer match about $211,915 at 4% or $141,276 at 6%.