Michigan Cutting Tool
Plan context: Michigan Cutting Tools 401 (K) Plan
EIN 38-3329362 • Sterling Heights, MI • 7 filings • 2 plans
Current Snapshot
Latest Year
2009
2009 Participants
12
2009 Assets
$105,683
2009 Contributions
$2,835
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 |
|---|---|---|---|---|---|
| 2009 | 1 | 0 | $0 | $2,835 | - |
| Michigan Cutting Tools 401 (K) Plan | - | 0 | - | $2,835 | - |
| 2008 | 1 | 12 | $105,683 | $14,261 | $1,188iApproximate average salary by contribution assumption: employee only about $29,710 at 4% or $19,807 at 6%; with 50% employer match about $19,807 at 4% or $13,205 at 6%; with 100% employer match about $14,855 at 4% or $9,903 at 6%. |
| Michigan Cutting Tools 401 (K) Plan | - | 12 | $105,683 | $14,261 | $1,188iApproximate average salary by contribution assumption: employee only about $29,710 at 4% or $19,807 at 6%; with 50% employer match about $19,807 at 4% or $13,205 at 6%; with 100% employer match about $14,855 at 4% or $9,903 at 6%. |
| 2007 | 1 | 14 | $126,721 | $25,823 | $1,845iApproximate average salary by contribution assumption: employee only about $46,113 at 4% or $30,742 at 6%; with 50% employer match about $30,742 at 4% or $20,494 at 6%; with 100% employer match about $23,056 at 4% or $15,371 at 6%. |
| Michigan Cutting Tools 401 (K) Plan | - | 14 | $126,721 | $25,823 | $1,845iApproximate average salary by contribution assumption: employee only about $46,113 at 4% or $30,742 at 6%; with 50% employer match about $30,742 at 4% or $20,494 at 6%; with 100% employer match about $23,056 at 4% or $15,371 at 6%. |
| 2006 | 1 | 13 | $92,965 | $19,204 | $1,477iApproximate average salary by contribution assumption: employee only about $36,931 at 4% or $24,621 at 6%; with 50% employer match about $24,621 at 4% or $16,414 at 6%; with 100% employer match about $18,465 at 4% or $12,310 at 6%. |
| Michigan Cutting Tools 401 (K) Plan | - | 13 | $92,965 | $19,204 | $1,477iApproximate average salary by contribution assumption: employee only about $36,931 at 4% or $24,621 at 6%; with 50% employer match about $24,621 at 4% or $16,414 at 6%; with 100% employer match about $18,465 at 4% or $12,310 at 6%. |
| 2005 | 1 | 13 | $73,682 | $29,640 | $2,280iApproximate average salary by contribution assumption: employee only about $57,000 at 4% or $38,000 at 6%; with 50% employer match about $38,000 at 4% or $25,333 at 6%; with 100% employer match about $28,500 at 4% or $19,000 at 6%. |
| Michigan Cutting Tools 401 (K) Plan | - | 13 | $73,682 | $29,640 | $2,280iApproximate average salary by contribution assumption: employee only about $57,000 at 4% or $38,000 at 6%; with 50% employer match about $38,000 at 4% or $25,333 at 6%; with 100% employer match about $28,500 at 4% or $19,000 at 6%. |
| 2004 | 1 | 7 | $53,796 | $37,581 | $5,369iApproximate average salary by contribution assumption: employee only about $134,218 at 4% or $89,479 at 6%; with 50% employer match about $89,479 at 4% or $59,652 at 6%; with 100% employer match about $67,109 at 4% or $44,739 at 6%. |
| Michigan Cutting Tools 401 (K) Plan | - | 7 | $53,796 | $37,581 | $5,369iApproximate average salary by contribution assumption: employee only about $134,218 at 4% or $89,479 at 6%; with 50% employer match about $89,479 at 4% or $59,652 at 6%; with 100% employer match about $67,109 at 4% or $44,739 at 6%. |
| 2003 | 1 | 6 | $14,620 | $14,139 | $2,357iApproximate average salary by contribution assumption: employee only about $58,913 at 4% or $39,275 at 6%; with 50% employer match about $39,275 at 4% or $26,183 at 6%; with 100% employer match about $29,456 at 4% or $19,638 at 6%. |
| Michigan Cutting Tools 401 (K) Plan | - | 6 | $14,620 | $14,139 | $2,357iApproximate average salary by contribution assumption: employee only about $58,913 at 4% or $39,275 at 6%; with 50% employer match about $39,275 at 4% or $26,183 at 6%; with 100% employer match about $29,456 at 4% or $19,638 at 6%. |