Civic Intelligence

Proficient Machine & Tool Inc.

Plan context: PROFICIENT MACHINE & TOOL INC PROFIT SHARING PLAN

EIN 38-3209357 • Byron Center, MI • 9 filings • 4 plans

8197 Clyde Park Ave SWByron Center, MI 49315
Current Snapshot

Latest Year

2013

2013 Participants

26

2013 Assets

$153,207

2013 Contributions

$81,915

Historical Graphs

Total Assets Over Time

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

$153,207$76,604$0199920032013YearValue
$153,207Latest year 2013

Participants Over Time

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

26130199920032013YearValue
26Latest year 2013

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
2013126$153,207$81,915$3,151iApproximate average salary by contribution assumption: employee only about $78,764 at 4% or $52,510 at 6%; with 50% employer match about $52,510 at 4% or $35,006 at 6%; with 100% employer match about $39,382 at 4% or $26,255 at 6%.
PROFICIENT MACHINE & TOOL INC PROFIT SHARING PLAN-26$153,207$81,915$3,151iApproximate average salary by contribution assumption: employee only about $78,764 at 4% or $52,510 at 6%; with 50% employer match about $52,510 at 4% or $35,006 at 6%; with 100% employer match about $39,382 at 4% or $26,255 at 6%.
2012118$61,395$40,000$2,222iApproximate average salary by contribution assumption: employee only about $55,556 at 4% or $37,037 at 6%; with 50% employer match about $37,037 at 4% or $24,691 at 6%; with 100% employer match about $27,778 at 4% or $18,519 at 6%.
PROFICIENT MACHINE & TOOL INC PROFIT SHARING PLAN-18$61,395$40,000$2,222iApproximate average salary by contribution assumption: employee only about $55,556 at 4% or $37,037 at 6%; with 50% employer match about $37,037 at 4% or $24,691 at 6%; with 100% employer match about $27,778 at 4% or $18,519 at 6%.
200510$0$13,986-
Proficient Machine & Tool Inc. 401K Salary Reduction Plan & Trust-0-$13,986-
200416$98,847$23,860$3,977iApproximate average salary by contribution assumption: employee only about $99,417 at 4% or $66,278 at 6%; with 50% employer match about $66,278 at 4% or $44,185 at 6%; with 100% employer match about $49,708 at 4% or $33,139 at 6%.
Proficient Machine & Tool Inc. 401K Salary Reduction Plan & Trust-6$98,847$23,860$3,977iApproximate average salary by contribution assumption: employee only about $99,417 at 4% or $66,278 at 6%; with 50% employer match about $66,278 at 4% or $44,185 at 6%; with 100% employer match about $49,708 at 4% or $33,139 at 6%.
200316$70,056$16,143$2,691iApproximate average salary by contribution assumption: employee only about $67,263 at 4% or $44,842 at 6%; with 50% employer match about $44,842 at 4% or $29,894 at 6%; with 100% employer match about $33,631 at 4% or $22,421 at 6%.
Proficient Machine & Tool Inc. 401K Salary Reduction Plan & Trust-6$70,056$16,143$2,691iApproximate average salary by contribution assumption: employee only about $67,263 at 4% or $44,842 at 6%; with 50% employer match about $44,842 at 4% or $29,894 at 6%; with 100% employer match about $33,631 at 4% or $22,421 at 6%.
200216$45,623$16,475$2,746iApproximate average salary by contribution assumption: employee only about $68,646 at 4% or $45,764 at 6%; with 50% employer match about $45,764 at 4% or $30,509 at 6%; with 100% employer match about $34,323 at 4% or $22,882 at 6%.
Proficient Machine & Tool Inc. 401K Salary Reduction Plan & Trust-6$45,623$16,475$2,746iApproximate average salary by contribution assumption: employee only about $68,646 at 4% or $45,764 at 6%; with 50% employer match about $45,764 at 4% or $30,509 at 6%; with 100% employer match about $34,323 at 4% or $22,882 at 6%.
200116$33,689$14,576$2,429iApproximate average salary by contribution assumption: employee only about $60,733 at 4% or $40,489 at 6%; with 50% employer match about $40,489 at 4% or $26,993 at 6%; with 100% employer match about $30,367 at 4% or $20,244 at 6%.
Proficient Machine & Tool Inc. 401K Salary Reduction Plan & Trust-6$33,689$14,576$2,429iApproximate average salary by contribution assumption: employee only about $60,733 at 4% or $40,489 at 6%; with 50% employer match about $40,489 at 4% or $26,993 at 6%; with 100% employer match about $30,367 at 4% or $20,244 at 6%.
200016$26,165$16,015$2,669iApproximate average salary by contribution assumption: employee only about $66,729 at 4% or $44,486 at 6%; with 50% employer match about $44,486 at 4% or $29,657 at 6%; with 100% employer match about $33,365 at 4% or $22,243 at 6%.
PROFICIENT MACHINE & TOOL, INC. 401K SALARY REDUCTION PLAN & TRUST-6$26,165$16,015$2,669iApproximate average salary by contribution assumption: employee only about $66,729 at 4% or $44,486 at 6%; with 50% employer match about $44,486 at 4% or $29,657 at 6%; with 100% employer match about $33,365 at 4% or $22,243 at 6%.
199915$15,780$11,836$2,367iApproximate average salary by contribution assumption: employee only about $59,180 at 4% or $39,453 at 6%; with 50% employer match about $39,453 at 4% or $26,302 at 6%; with 100% employer match about $29,590 at 4% or $19,727 at 6%.
Proficient Machine & Tool Inc. 401K Salary Reduction Plan & Trust-5$15,780$11,836$2,367iApproximate average salary by contribution assumption: employee only about $59,180 at 4% or $39,453 at 6%; with 50% employer match about $39,453 at 4% or $26,302 at 6%; with 100% employer match about $29,590 at 4% or $19,727 at 6%.