Civic Intelligence

Quality Machine & Automation Inc.

Plan context: Quality Machine & Automation Inc. Employee Stock Ownership Plan

EIN 38-3382723 • Holland, MI • 15 filings • 4 plans

184 Manufacturers DriveHolland, MI 49424
Current Snapshot

Latest Year

2024

2024 Participants

29

2024 Assets

$8,396,470

2024 Contributions

$541,314

Historical Graphs

Total Assets Over Time

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

$8,396,470$4,198,235$0200120082024YearValue
$8,396,470Latest year 2024

Participants Over Time

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

30150200120082024YearValue
29Latest 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
2024129$8,396,470$541,314$18,666iApproximate average salary by contribution assumption: employee only about $466,650 at 4% or $311,100 at 6%; with 50% employer match about $311,100 at 4% or $207,400 at 6%; with 100% employer match about $233,325 at 4% or $155,550 at 6%.
Quality Machine & Automation Inc. Employee Stock Ownership Plan-29$8,396,470$541,314$18,666iApproximate average salary by contribution assumption: employee only about $466,650 at 4% or $311,100 at 6%; with 50% employer match about $311,100 at 4% or $207,400 at 6%; with 100% employer match about $233,325 at 4% or $155,550 at 6%.
2023130$6,820,268$410,594$13,686iApproximate average salary by contribution assumption: employee only about $342,162 at 4% or $228,108 at 6%; with 50% employer match about $228,108 at 4% or $152,072 at 6%; with 100% employer match about $171,081 at 4% or $114,054 at 6%.
Quality Machine & Automation Inc. Employee Stock Ownership Plan-30$6,820,268$410,594$13,686iApproximate average salary by contribution assumption: employee only about $342,162 at 4% or $228,108 at 6%; with 50% employer match about $228,108 at 4% or $152,072 at 6%; with 100% employer match about $171,081 at 4% or $114,054 at 6%.
2022127$5,625,818$275,136$10,190iApproximate average salary by contribution assumption: employee only about $254,756 at 4% or $169,837 at 6%; with 50% employer match about $169,837 at 4% or $113,225 at 6%; with 100% employer match about $127,378 at 4% or $84,919 at 6%.
Quality Machine & Automation Inc. Employee Stock Ownership Plan-27$5,625,818$275,136$10,190iApproximate average salary by contribution assumption: employee only about $254,756 at 4% or $169,837 at 6%; with 50% employer match about $169,837 at 4% or $113,225 at 6%; with 100% employer match about $127,378 at 4% or $84,919 at 6%.
2021126$1,602,974$579,200$22,277iApproximate average salary by contribution assumption: employee only about $556,923 at 4% or $371,282 at 6%; with 50% employer match about $371,282 at 4% or $247,521 at 6%; with 100% employer match about $278,462 at 4% or $185,641 at 6%.
Quality Machine & Automation Inc. Employee Stock Ownership Plan-26$1,602,974$579,200$22,277iApproximate average salary by contribution assumption: employee only about $556,923 at 4% or $371,282 at 6%; with 50% employer match about $371,282 at 4% or $247,521 at 6%; with 100% employer match about $278,462 at 4% or $185,641 at 6%.
2020121$16,050$13,518$644iApproximate average salary by contribution assumption: employee only about $16,093 at 4% or $10,729 at 6%; with 50% employer match about $10,729 at 4% or $7,152 at 6%; with 100% employer match about $8,046 at 4% or $5,364 at 6%.
Quality Machine & Automation Inc. Employee Stock Ownership Plan-21$16,050$13,518$644iApproximate average salary by contribution assumption: employee only about $16,093 at 4% or $10,729 at 6%; with 50% employer match about $10,729 at 4% or $7,152 at 6%; with 100% employer match about $8,046 at 4% or $5,364 at 6%.
201010$0$11,682-
QUALITY MACHINE & AUTOMATION, INC. 401(K) PLAN-0$0$11,682-
2009113$376,401$15,659$1,205iApproximate average salary by contribution assumption: employee only about $30,113 at 4% or $20,076 at 6%; with 50% employer match about $20,076 at 4% or $13,384 at 6%; with 100% employer match about $15,057 at 4% or $10,038 at 6%.
QUALITY MACHINE & AUTOMATION, INC. 401(K) PLAN-13$376,401$15,659$1,205iApproximate average salary by contribution assumption: employee only about $30,113 at 4% or $20,076 at 6%; with 50% employer match about $20,076 at 4% or $13,384 at 6%; with 100% employer match about $15,057 at 4% or $10,038 at 6%.
2008111$295,099$81,583$7,417iApproximate average salary by contribution assumption: employee only about $185,416 at 4% or $123,611 at 6%; with 50% employer match about $123,611 at 4% or $82,407 at 6%; with 100% employer match about $92,708 at 4% or $61,805 at 6%.
QUALITY MACHINE & AUTOMATION, INC. 401 K PLAN-11$295,099$81,583$7,417iApproximate average salary by contribution assumption: employee only about $185,416 at 4% or $123,611 at 6%; with 50% employer match about $123,611 at 4% or $82,407 at 6%; with 100% employer match about $92,708 at 4% or $61,805 at 6%.
2007111$0$0-
QUALITY MACHINE & AUTOMATION, INC. 401K PLAN-11---
2006112$367,394$56,892$4,741iApproximate average salary by contribution assumption: employee only about $118,525 at 4% or $79,017 at 6%; with 50% employer match about $79,017 at 4% or $52,678 at 6%; with 100% employer match about $59,263 at 4% or $39,508 at 6%.
QUALITY MACHINE & AUTOMATION, INC. 401 K PLAN-12$367,394$56,892$4,741iApproximate average salary by contribution assumption: employee only about $118,525 at 4% or $79,017 at 6%; with 50% employer match about $79,017 at 4% or $52,678 at 6%; with 100% employer match about $59,263 at 4% or $39,508 at 6%.
2005110$298,077$55,459$5,546iApproximate average salary by contribution assumption: employee only about $138,648 at 4% or $92,432 at 6%; with 50% employer match about $92,432 at 4% or $61,621 at 6%; with 100% employer match about $69,324 at 4% or $46,216 at 6%.
QUALITY MACHINE & AUTOMATION, INC. 401 K PLAN-10$298,077$55,459$5,546iApproximate average salary by contribution assumption: employee only about $138,648 at 4% or $92,432 at 6%; with 50% employer match about $92,432 at 4% or $61,621 at 6%; with 100% employer match about $69,324 at 4% or $46,216 at 6%.
2004111$264,692$63,428$5,766iApproximate average salary by contribution assumption: employee only about $144,155 at 4% or $96,103 at 6%; with 50% employer match about $96,103 at 4% or $64,069 at 6%; with 100% employer match about $72,077 at 4% or $48,052 at 6%.
QUALITY MACHINE & AUTOMATION, INC. 401K PLAN-11$264,692$63,428$5,766iApproximate average salary by contribution assumption: employee only about $144,155 at 4% or $96,103 at 6%; with 50% employer match about $96,103 at 4% or $64,069 at 6%; with 100% employer match about $72,077 at 4% or $48,052 at 6%.
2003110$195,158$55,822$5,582iApproximate average salary by contribution assumption: employee only about $139,555 at 4% or $93,037 at 6%; with 50% employer match about $93,037 at 4% or $62,024 at 6%; with 100% employer match about $69,778 at 4% or $46,518 at 6%.
QUALITY MACHINE & AUTOMATION, INC. 401 K PLAN-10$195,158$55,822$5,582iApproximate average salary by contribution assumption: employee only about $139,555 at 4% or $93,037 at 6%; with 50% employer match about $93,037 at 4% or $62,024 at 6%; with 100% employer match about $69,778 at 4% or $46,518 at 6%.
2002110$111,185$27,112$2,711iApproximate average salary by contribution assumption: employee only about $67,780 at 4% or $45,187 at 6%; with 50% employer match about $45,187 at 4% or $30,124 at 6%; with 100% employer match about $33,890 at 4% or $22,593 at 6%.
QUALITY MACHINE & AUTOMATION, INC. 401 K PLAN-10$111,185$27,112$2,711iApproximate average salary by contribution assumption: employee only about $67,780 at 4% or $45,187 at 6%; with 50% employer match about $45,187 at 4% or $30,124 at 6%; with 100% employer match about $33,890 at 4% or $22,593 at 6%.
2001115$108,120$29,989$1,999iApproximate average salary by contribution assumption: employee only about $49,982 at 4% or $33,321 at 6%; with 50% employer match about $33,321 at 4% or $22,214 at 6%; with 100% employer match about $24,991 at 4% or $16,661 at 6%.
QUALITY MACHINE & AUTOMATION, INC. 401K PLAN-15$108,120$29,989$1,999iApproximate average salary by contribution assumption: employee only about $49,982 at 4% or $33,321 at 6%; with 50% employer match about $33,321 at 4% or $22,214 at 6%; with 100% employer match about $24,991 at 4% or $16,661 at 6%.