Civic Intelligence

Scrap Masters Inc.

Plan context: Scrap Masters Inc. 401(K) Plan

EIN 38-3341658 • Manchester, MI • 20 filings • 3 plans

500 West MadisonManchester, MI 48158
Current Snapshot

Latest Year

2024

2024 Participants

7

2024 Assets

$1,593,519

2024 Contributions

$12,666

Historical Graphs

Total Assets Over Time

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

$1,697,713$848,857$0200420152023YearValue
$1,593,519Latest year 2023

Participants Over Time

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

19100200420142023YearValue
7Latest year 2023

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
202410$0$12,666-
Scrap Masters Inc. 401(K) Plan-0$0$12,666-
202317$1,593,519$28,068$4,010iApproximate average salary by contribution assumption: employee only about $100,243 at 4% or $66,829 at 6%; with 50% employer match about $66,829 at 4% or $44,552 at 6%; with 100% employer match about $50,121 at 4% or $33,414 at 6%.
Scrap Masters Inc. 401(K) Plan-7$1,593,519$28,068$4,010iApproximate average salary by contribution assumption: employee only about $100,243 at 4% or $66,829 at 6%; with 50% employer match about $66,829 at 4% or $44,552 at 6%; with 100% employer match about $50,121 at 4% or $33,414 at 6%.
202219$1,393,813$34,704$3,856iApproximate average salary by contribution assumption: employee only about $96,400 at 4% or $64,267 at 6%; with 50% employer match about $64,267 at 4% or $42,844 at 6%; with 100% employer match about $48,200 at 4% or $32,133 at 6%.
Scrap Masters Inc. 401(K) Plan-9$1,393,813$34,704$3,856iApproximate average salary by contribution assumption: employee only about $96,400 at 4% or $64,267 at 6%; with 50% employer match about $64,267 at 4% or $42,844 at 6%; with 100% employer match about $48,200 at 4% or $32,133 at 6%.
202119$1,697,713$43,373$4,819iApproximate average salary by contribution assumption: employee only about $120,481 at 4% or $80,320 at 6%; with 50% employer match about $80,320 at 4% or $53,547 at 6%; with 100% employer match about $60,240 at 4% or $40,160 at 6%.
Scrap Masters Inc. 401(K) Plan-9$1,697,713$43,373$4,819iApproximate average salary by contribution assumption: employee only about $120,481 at 4% or $80,320 at 6%; with 50% employer match about $80,320 at 4% or $53,547 at 6%; with 100% employer match about $60,240 at 4% or $40,160 at 6%.
202019$1,479,755$19,175$2,131iApproximate average salary by contribution assumption: employee only about $53,264 at 4% or $35,509 at 6%; with 50% employer match about $35,509 at 4% or $23,673 at 6%; with 100% employer match about $26,632 at 4% or $17,755 at 6%.
Scrap Masters Inc. 401(K) Plan-9$1,479,755$19,175$2,131iApproximate average salary by contribution assumption: employee only about $53,264 at 4% or $35,509 at 6%; with 50% employer match about $35,509 at 4% or $23,673 at 6%; with 100% employer match about $26,632 at 4% or $17,755 at 6%.
201917$1,365,327$24,394$3,485iApproximate average salary by contribution assumption: employee only about $87,121 at 4% or $58,081 at 6%; with 50% employer match about $58,081 at 4% or $38,721 at 6%; with 100% employer match about $43,561 at 4% or $29,040 at 6%.
Scrap Masters Inc. 401(K) Plan-7$1,365,327$24,394$3,485iApproximate average salary by contribution assumption: employee only about $87,121 at 4% or $58,081 at 6%; with 50% employer match about $58,081 at 4% or $38,721 at 6%; with 100% employer match about $43,561 at 4% or $29,040 at 6%.
2018110$1,093,330$25,876$2,588iApproximate average salary by contribution assumption: employee only about $64,690 at 4% or $43,127 at 6%; with 50% employer match about $43,127 at 4% or $28,751 at 6%; with 100% employer match about $32,345 at 4% or $21,563 at 6%.
Scrap Masters Inc. 401(K) Plan-10$1,093,330$25,876$2,588iApproximate average salary by contribution assumption: employee only about $64,690 at 4% or $43,127 at 6%; with 50% employer match about $43,127 at 4% or $28,751 at 6%; with 100% employer match about $32,345 at 4% or $21,563 at 6%.
2017111$1,167,527$26,487$2,408iApproximate average salary by contribution assumption: employee only about $60,198 at 4% or $40,132 at 6%; with 50% employer match about $40,132 at 4% or $26,755 at 6%; with 100% employer match about $30,099 at 4% or $20,066 at 6%.
Scrap Masters Inc. 401(K) Plan-11$1,167,527$26,487$2,408iApproximate average salary by contribution assumption: employee only about $60,198 at 4% or $40,132 at 6%; with 50% employer match about $40,132 at 4% or $26,755 at 6%; with 100% employer match about $30,099 at 4% or $20,066 at 6%.
201619$955,631$22,385$2,487iApproximate average salary by contribution assumption: employee only about $62,181 at 4% or $41,454 at 6%; with 50% employer match about $41,454 at 4% or $27,636 at 6%; with 100% employer match about $31,090 at 4% or $20,727 at 6%.
Scrap Masters Inc. 401(K) Plan-9$955,631$22,385$2,487iApproximate average salary by contribution assumption: employee only about $62,181 at 4% or $41,454 at 6%; with 50% employer match about $41,454 at 4% or $27,636 at 6%; with 100% employer match about $31,090 at 4% or $20,727 at 6%.
201519$867,670$78,390$8,710iApproximate average salary by contribution assumption: employee only about $217,750 at 4% or $145,167 at 6%; with 50% employer match about $145,167 at 4% or $96,778 at 6%; with 100% employer match about $108,875 at 4% or $72,583 at 6%.
Scrap Masters Inc. 401(K) Plan-9$867,670$78,390$8,710iApproximate average salary by contribution assumption: employee only about $217,750 at 4% or $145,167 at 6%; with 50% employer match about $145,167 at 4% or $96,778 at 6%; with 100% employer match about $108,875 at 4% or $72,583 at 6%.
201419$808,020$73,901$8,211iApproximate average salary by contribution assumption: employee only about $205,281 at 4% or $136,854 at 6%; with 50% employer match about $136,854 at 4% or $91,236 at 6%; with 100% employer match about $102,640 at 4% or $68,427 at 6%.
Scrap Masters Inc. 401(K) Plan-9$808,020$73,901$8,211iApproximate average salary by contribution assumption: employee only about $205,281 at 4% or $136,854 at 6%; with 50% employer match about $136,854 at 4% or $91,236 at 6%; with 100% employer match about $102,640 at 4% or $68,427 at 6%.
2013110$702,604$49,118$4,912iApproximate average salary by contribution assumption: employee only about $122,795 at 4% or $81,863 at 6%; with 50% employer match about $81,863 at 4% or $54,576 at 6%; with 100% employer match about $61,398 at 4% or $40,932 at 6%.
Scrap Masters Inc. 401(K) Plan-10$702,604$49,118$4,912iApproximate average salary by contribution assumption: employee only about $122,795 at 4% or $81,863 at 6%; with 50% employer match about $81,863 at 4% or $54,576 at 6%; with 100% employer match about $61,398 at 4% or $40,932 at 6%.
2012111$532,436$60,880$5,535iApproximate average salary by contribution assumption: employee only about $138,364 at 4% or $92,242 at 6%; with 50% employer match about $92,242 at 4% or $61,495 at 6%; with 100% employer match about $69,182 at 4% or $46,121 at 6%.
Scrap Masters Inc. 401(K) Plan-11$532,436$60,880$5,535iApproximate average salary by contribution assumption: employee only about $138,364 at 4% or $92,242 at 6%; with 50% employer match about $92,242 at 4% or $61,495 at 6%; with 100% employer match about $69,182 at 4% or $46,121 at 6%.
2011110$407,223$63,696$6,370iApproximate average salary by contribution assumption: employee only about $159,240 at 4% or $106,160 at 6%; with 50% employer match about $106,160 at 4% or $70,773 at 6%; with 100% employer match about $79,620 at 4% or $53,080 at 6%.
Scrap Masters Inc. 401(K) Plan-10$407,223$63,696$6,370iApproximate average salary by contribution assumption: employee only about $159,240 at 4% or $106,160 at 6%; with 50% employer match about $106,160 at 4% or $70,773 at 6%; with 100% employer match about $79,620 at 4% or $53,080 at 6%.
2010117$386,855$51,016$3,001iApproximate average salary by contribution assumption: employee only about $75,024 at 4% or $50,016 at 6%; with 50% employer match about $50,016 at 4% or $33,344 at 6%; with 100% employer match about $37,512 at 4% or $25,008 at 6%.
Scrap Masters Inc. 401(K) Plan-17$386,855$51,016$3,001iApproximate average salary by contribution assumption: employee only about $75,024 at 4% or $50,016 at 6%; with 50% employer match about $50,016 at 4% or $33,344 at 6%; with 100% employer match about $37,512 at 4% or $25,008 at 6%.
2009119$319,757$21,134$1,112iApproximate average salary by contribution assumption: employee only about $27,808 at 4% or $18,539 at 6%; with 50% employer match about $18,539 at 4% or $12,359 at 6%; with 100% employer match about $13,904 at 4% or $9,269 at 6%.
Scrap Masters Inc. 401(K) Plan-19$319,757$21,134$1,112iApproximate average salary by contribution assumption: employee only about $27,808 at 4% or $18,539 at 6%; with 50% employer match about $18,539 at 4% or $12,359 at 6%; with 100% employer match about $13,904 at 4% or $9,269 at 6%.
2008117$284,684$36,719$2,160iApproximate average salary by contribution assumption: employee only about $53,999 at 4% or $35,999 at 6%; with 50% employer match about $35,999 at 4% or $23,999 at 6%; with 100% employer match about $26,999 at 4% or $18,000 at 6%.
Scrap Masters Inc. 401(K) Plan-17$284,684$36,719$2,160iApproximate average salary by contribution assumption: employee only about $53,999 at 4% or $35,999 at 6%; with 50% employer match about $35,999 at 4% or $23,999 at 6%; with 100% employer match about $26,999 at 4% or $18,000 at 6%.
2007117$0$0-
Scrap Masters Inc. 401(K) Plan-17---
2005111$195,346$106,364$9,669iApproximate average salary by contribution assumption: employee only about $241,736 at 4% or $161,158 at 6%; with 50% employer match about $161,158 at 4% or $107,438 at 6%; with 100% employer match about $120,868 at 4% or $80,579 at 6%.
Scrap Masters Inc. 401(K) Plan-11$195,346$106,364$9,669iApproximate average salary by contribution assumption: employee only about $241,736 at 4% or $161,158 at 6%; with 50% employer match about $161,158 at 4% or $107,438 at 6%; with 100% employer match about $120,868 at 4% or $80,579 at 6%.
2004112$95,669$88,724$7,394iApproximate average salary by contribution assumption: employee only about $184,842 at 4% or $123,228 at 6%; with 50% employer match about $123,228 at 4% or $82,152 at 6%; with 100% employer match about $92,421 at 4% or $61,614 at 6%.
Scrap Masters Inc. 401(K) Plan-12$95,669$88,724$7,394iApproximate average salary by contribution assumption: employee only about $184,842 at 4% or $123,228 at 6%; with 50% employer match about $123,228 at 4% or $82,152 at 6%; with 100% employer match about $92,421 at 4% or $61,614 at 6%.