Civic Intelligence

Michfab Machinery Inc.

Plan context: Michfab Machinery Inc. 401(K) Plan

EIN 38-3148457 • Grand Rapids, MI • 12 filings • 2 plans

4855 Starr St SEGrand Rapids, MI 49546-6348
Current Snapshot

Latest Year

2024

2024 Participants

5

2024 Assets

$1,446,474

2024 Contributions

$44,179

Historical Graphs

Total Assets Over Time

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

$1,784,555$892,278$0201320192024YearValue
$1,446,474Latest year 2024

Participants Over Time

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

630201320192024YearValue
5Latest 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
202415$1,446,474$44,179$8,836iApproximate average salary by contribution assumption: employee only about $220,895 at 4% or $147,263 at 6%; with 50% employer match about $147,263 at 4% or $98,176 at 6%; with 100% employer match about $110,447 at 4% or $73,632 at 6%.
Michfab Machinery Inc. 401(K) Plan-5$1,446,474$44,179$8,836iApproximate average salary by contribution assumption: employee only about $220,895 at 4% or $147,263 at 6%; with 50% employer match about $147,263 at 4% or $98,176 at 6%; with 100% employer match about $110,447 at 4% or $73,632 at 6%.
202316$1,296,037$43,897$7,316iApproximate average salary by contribution assumption: employee only about $182,904 at 4% or $121,936 at 6%; with 50% employer match about $121,936 at 4% or $81,291 at 6%; with 100% employer match about $91,452 at 4% or $60,968 at 6%.
Michfab Machinery Inc. 401(K) Plan-6$1,296,037$43,897$7,316iApproximate average salary by contribution assumption: employee only about $182,904 at 4% or $121,936 at 6%; with 50% employer match about $121,936 at 4% or $81,291 at 6%; with 100% employer match about $91,452 at 4% or $60,968 at 6%.
202214$1,535,008$36,610$9,153iApproximate average salary by contribution assumption: employee only about $228,813 at 4% or $152,542 at 6%; with 50% employer match about $152,542 at 4% or $101,694 at 6%; with 100% employer match about $114,406 at 4% or $76,271 at 6%.
Michfab Machinery Inc. 401(K) Plan-4$1,535,008$36,610$9,153iApproximate average salary by contribution assumption: employee only about $228,813 at 4% or $152,542 at 6%; with 50% employer match about $152,542 at 4% or $101,694 at 6%; with 100% employer match about $114,406 at 4% or $76,271 at 6%.
202114$1,784,555$85,081$21,270iApproximate average salary by contribution assumption: employee only about $531,756 at 4% or $354,504 at 6%; with 50% employer match about $354,504 at 4% or $236,336 at 6%; with 100% employer match about $265,878 at 4% or $177,252 at 6%.
Michfab Machinery Inc. 401(K) Plan-4$1,784,555$85,081$21,270iApproximate average salary by contribution assumption: employee only about $531,756 at 4% or $354,504 at 6%; with 50% employer match about $354,504 at 4% or $236,336 at 6%; with 100% employer match about $265,878 at 4% or $177,252 at 6%.
202014$1,542,018$71,792$17,948iApproximate average salary by contribution assumption: employee only about $448,700 at 4% or $299,133 at 6%; with 50% employer match about $299,133 at 4% or $199,422 at 6%; with 100% employer match about $224,350 at 4% or $149,567 at 6%.
Michfab Machinery Inc. 401(K) Plan-4$1,542,018$71,792$17,948iApproximate average salary by contribution assumption: employee only about $448,700 at 4% or $299,133 at 6%; with 50% employer match about $299,133 at 4% or $199,422 at 6%; with 100% employer match about $224,350 at 4% or $149,567 at 6%.
201913$1,282,191$24,184$8,061iApproximate average salary by contribution assumption: employee only about $201,533 at 4% or $134,356 at 6%; with 50% employer match about $134,356 at 4% or $89,570 at 6%; with 100% employer match about $100,767 at 4% or $67,178 at 6%.
Michfab Machinery Inc. 401(K) Plan-3$1,282,191$24,184$8,061iApproximate average salary by contribution assumption: employee only about $201,533 at 4% or $134,356 at 6%; with 50% employer match about $134,356 at 4% or $89,570 at 6%; with 100% employer match about $100,767 at 4% or $67,178 at 6%.
201813$1,032,582$74,607$24,869iApproximate average salary by contribution assumption: employee only about $621,725 at 4% or $414,483 at 6%; with 50% employer match about $414,483 at 4% or $276,322 at 6%; with 100% employer match about $310,863 at 4% or $207,242 at 6%.
Michfab Machinery Inc. 401(K) Plan-3$1,032,582$74,607$24,869iApproximate average salary by contribution assumption: employee only about $621,725 at 4% or $414,483 at 6%; with 50% employer match about $414,483 at 4% or $276,322 at 6%; with 100% employer match about $310,863 at 4% or $207,242 at 6%.
201713$1,058,751$23,888$7,963iApproximate average salary by contribution assumption: employee only about $199,067 at 4% or $132,711 at 6%; with 50% employer match about $132,711 at 4% or $88,474 at 6%; with 100% employer match about $99,533 at 4% or $66,356 at 6%.
Michfab Machinery Inc. 401(K) Plan-3$1,058,751$23,888$7,963iApproximate average salary by contribution assumption: employee only about $199,067 at 4% or $132,711 at 6%; with 50% employer match about $132,711 at 4% or $88,474 at 6%; with 100% employer match about $99,533 at 4% or $66,356 at 6%.
201613$877,715$30,367$10,122iApproximate average salary by contribution assumption: employee only about $253,058 at 4% or $168,706 at 6%; with 50% employer match about $168,706 at 4% or $112,470 at 6%; with 100% employer match about $126,529 at 4% or $84,353 at 6%.
Michfab Machinery Inc. 401(K) Plan-3$877,715$30,367$10,122iApproximate average salary by contribution assumption: employee only about $253,058 at 4% or $168,706 at 6%; with 50% employer match about $168,706 at 4% or $112,470 at 6%; with 100% employer match about $126,529 at 4% or $84,353 at 6%.
201513$785,354$99,340$33,113iApproximate average salary by contribution assumption: employee only about $827,833 at 4% or $551,889 at 6%; with 50% employer match about $551,889 at 4% or $367,926 at 6%; with 100% employer match about $413,917 at 4% or $275,944 at 6%.
Michfab Machinery Inc. 401(K) Plan-3$785,354$99,340$33,113iApproximate average salary by contribution assumption: employee only about $827,833 at 4% or $551,889 at 6%; with 50% employer match about $551,889 at 4% or $367,926 at 6%; with 100% employer match about $413,917 at 4% or $275,944 at 6%.
201413$698,106$77,912$25,971iApproximate average salary by contribution assumption: employee only about $649,267 at 4% or $432,844 at 6%; with 50% employer match about $432,844 at 4% or $288,563 at 6%; with 100% employer match about $324,633 at 4% or $216,422 at 6%.
Michfab Machinery Inc. 401(K) Plan-3$698,106$77,912$25,971iApproximate average salary by contribution assumption: employee only about $649,267 at 4% or $432,844 at 6%; with 50% employer match about $432,844 at 4% or $288,563 at 6%; with 100% employer match about $324,633 at 4% or $216,422 at 6%.
201314$579,201$525,101$131,275iApproximate average salary by contribution assumption: employee only about $3,281,881 at 4% or $2,187,921 at 6%; with 50% employer match about $2,187,921 at 4% or $1,458,614 at 6%; with 100% employer match about $1,640,941 at 4% or $1,093,960 at 6%.
Michfab Machinery Inc. 401(K) Plan-4$579,201$525,101$131,275iApproximate average salary by contribution assumption: employee only about $3,281,881 at 4% or $2,187,921 at 6%; with 50% employer match about $2,187,921 at 4% or $1,458,614 at 6%; with 100% employer match about $1,640,941 at 4% or $1,093,960 at 6%.