Civic Intelligence

Workhorse Investments

Plan context: Workhorse Investments 401(K) Plan

EIN 38-3542228 • Madison Heights, MI • 23 filings • 5 plans

324 East Mandoline AvenueMadison Heights, MI 48071-4738
Current Snapshot

Latest Year

2023

2023 Participants

12

2023 Assets

$1,120,127

2023 Contributions

$63,132

Historical Graphs

Total Assets Over Time

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

$1,460,883$730,442$0200220122022YearValue
$1,120,127Latest year 2022

Participants Over Time

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

1580200120122022YearValue
12Latest year 2022

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
202310$0$63,132-
Workhorse Investments 401(K) Plan-0$0$63,132-
2022112$1,120,127$53,965$4,497iApproximate average salary by contribution assumption: employee only about $112,427 at 4% or $74,951 at 6%; with 50% employer match about $74,951 at 4% or $49,968 at 6%; with 100% employer match about $56,214 at 4% or $37,476 at 6%.
Workhorse Investments 401(K) Plan-12$1,120,127$53,965$4,497iApproximate average salary by contribution assumption: employee only about $112,427 at 4% or $74,951 at 6%; with 50% employer match about $74,951 at 4% or $49,968 at 6%; with 100% employer match about $56,214 at 4% or $37,476 at 6%.
2021113$1,460,883$58,427$4,494iApproximate average salary by contribution assumption: employee only about $112,360 at 4% or $74,906 at 6%; with 50% employer match about $74,906 at 4% or $49,938 at 6%; with 100% employer match about $56,180 at 4% or $37,453 at 6%.
Workhorse Investments 401(K) Plan-13$1,460,883$58,427$4,494iApproximate average salary by contribution assumption: employee only about $112,360 at 4% or $74,906 at 6%; with 50% employer match about $74,906 at 4% or $49,938 at 6%; with 100% employer match about $56,180 at 4% or $37,453 at 6%.
2020113$1,306,290$63,403$4,877iApproximate average salary by contribution assumption: employee only about $121,929 at 4% or $81,286 at 6%; with 50% employer match about $81,286 at 4% or $54,191 at 6%; with 100% employer match about $60,964 at 4% or $40,643 at 6%.
Workhorse Investments 401(K) Plan-13$1,306,290$63,403$4,877iApproximate average salary by contribution assumption: employee only about $121,929 at 4% or $81,286 at 6%; with 50% employer match about $81,286 at 4% or $54,191 at 6%; with 100% employer match about $60,964 at 4% or $40,643 at 6%.
2019115$1,078,229$45,351$3,023iApproximate average salary by contribution assumption: employee only about $75,585 at 4% or $50,390 at 6%; with 50% employer match about $50,390 at 4% or $33,593 at 6%; with 100% employer match about $37,793 at 4% or $25,195 at 6%.
Workhorse Investments 401(K) Plan-15$1,078,229$45,351$3,023iApproximate average salary by contribution assumption: employee only about $75,585 at 4% or $50,390 at 6%; with 50% employer match about $50,390 at 4% or $33,593 at 6%; with 100% employer match about $37,793 at 4% or $25,195 at 6%.
2018112$819,421$46,931$3,911iApproximate average salary by contribution assumption: employee only about $97,773 at 4% or $65,182 at 6%; with 50% employer match about $65,182 at 4% or $43,455 at 6%; with 100% employer match about $48,886 at 4% or $32,591 at 6%.
Workhorse Investments 401(K) Plan-12$819,421$46,931$3,911iApproximate average salary by contribution assumption: employee only about $97,773 at 4% or $65,182 at 6%; with 50% employer match about $65,182 at 4% or $43,455 at 6%; with 100% employer match about $48,886 at 4% or $32,591 at 6%.
2017111$1,047,077$52,654$4,787iApproximate average salary by contribution assumption: employee only about $119,668 at 4% or $79,779 at 6%; with 50% employer match about $79,779 at 4% or $53,186 at 6%; with 100% employer match about $59,834 at 4% or $39,889 at 6%.
Workhorse Investments 401(K) Plan-11$1,047,077$52,654$4,787iApproximate average salary by contribution assumption: employee only about $119,668 at 4% or $79,779 at 6%; with 50% employer match about $79,779 at 4% or $53,186 at 6%; with 100% employer match about $59,834 at 4% or $39,889 at 6%.
2016110$846,099$155,482$15,548iApproximate average salary by contribution assumption: employee only about $388,705 at 4% or $259,137 at 6%; with 50% employer match about $259,137 at 4% or $172,758 at 6%; with 100% employer match about $194,353 at 4% or $129,568 at 6%.
Workhorse Investments 401(K) Plan-10$846,099$155,482$15,548iApproximate average salary by contribution assumption: employee only about $388,705 at 4% or $259,137 at 6%; with 50% employer match about $259,137 at 4% or $172,758 at 6%; with 100% employer match about $194,353 at 4% or $129,568 at 6%.
2015110$840,364$81,153$8,115iApproximate average salary by contribution assumption: employee only about $202,883 at 4% or $135,255 at 6%; with 50% employer match about $135,255 at 4% or $90,170 at 6%; with 100% employer match about $101,441 at 4% or $67,628 at 6%.
Workhorse Investments 401(K) Plan-10$840,364$81,153$8,115iApproximate average salary by contribution assumption: employee only about $202,883 at 4% or $135,255 at 6%; with 50% employer match about $135,255 at 4% or $90,170 at 6%; with 100% employer match about $101,441 at 4% or $67,628 at 6%.
201419$959,510$77,814$8,646iApproximate average salary by contribution assumption: employee only about $216,150 at 4% or $144,100 at 6%; with 50% employer match about $144,100 at 4% or $96,067 at 6%; with 100% employer match about $108,075 at 4% or $72,050 at 6%.
Workhorse Investments 401(K) Plan-9$959,510$77,814$8,646iApproximate average salary by contribution assumption: employee only about $216,150 at 4% or $144,100 at 6%; with 50% employer match about $144,100 at 4% or $96,067 at 6%; with 100% employer match about $108,075 at 4% or $72,050 at 6%.
2013110$1,245,532$66,090$6,609iApproximate average salary by contribution assumption: employee only about $165,225 at 4% or $110,150 at 6%; with 50% employer match about $110,150 at 4% or $73,433 at 6%; with 100% employer match about $82,613 at 4% or $55,075 at 6%.
Workhorse Investments 401(K) Plan-10$1,245,532$66,090$6,609iApproximate average salary by contribution assumption: employee only about $165,225 at 4% or $110,150 at 6%; with 50% employer match about $110,150 at 4% or $73,433 at 6%; with 100% employer match about $82,613 at 4% or $55,075 at 6%.
2012110$1,358,965$68,178$6,818iApproximate average salary by contribution assumption: employee only about $170,445 at 4% or $113,630 at 6%; with 50% employer match about $113,630 at 4% or $75,753 at 6%; with 100% employer match about $85,223 at 4% or $56,815 at 6%.
Workhorse Investments 401(K) Plan-10$1,358,965$68,178$6,818iApproximate average salary by contribution assumption: employee only about $170,445 at 4% or $113,630 at 6%; with 50% employer match about $113,630 at 4% or $75,753 at 6%; with 100% employer match about $85,223 at 4% or $56,815 at 6%.
2011110$1,191,827$56,289$5,629iApproximate average salary by contribution assumption: employee only about $140,723 at 4% or $93,815 at 6%; with 50% employer match about $93,815 at 4% or $62,543 at 6%; with 100% employer match about $70,361 at 4% or $46,908 at 6%.
Workhorse Investments 401(K) Plan-10$1,191,827$56,289$5,629iApproximate average salary by contribution assumption: employee only about $140,723 at 4% or $93,815 at 6%; with 50% employer match about $93,815 at 4% or $62,543 at 6%; with 100% employer match about $70,361 at 4% or $46,908 at 6%.
201019$1,170,060$47,819$5,313iApproximate average salary by contribution assumption: employee only about $132,831 at 4% or $88,554 at 6%; with 50% employer match about $88,554 at 4% or $59,036 at 6%; with 100% employer match about $66,415 at 4% or $44,277 at 6%.
Workhorse Investments 401(K) Plan-9$1,170,060$47,819$5,313iApproximate average salary by contribution assumption: employee only about $132,831 at 4% or $88,554 at 6%; with 50% employer match about $88,554 at 4% or $59,036 at 6%; with 100% employer match about $66,415 at 4% or $44,277 at 6%.
200918$1,063,591$43,823$5,478iApproximate average salary by contribution assumption: employee only about $136,947 at 4% or $91,298 at 6%; with 50% employer match about $91,298 at 4% or $60,865 at 6%; with 100% employer match about $68,473 at 4% or $45,649 at 6%.
Workhorse Investments 401(K) Plan-8$1,063,591$43,823$5,478iApproximate average salary by contribution assumption: employee only about $136,947 at 4% or $91,298 at 6%; with 50% employer match about $91,298 at 4% or $60,865 at 6%; with 100% employer match about $68,473 at 4% or $45,649 at 6%.
2008110$818,742$77,171$7,717iApproximate average salary by contribution assumption: employee only about $192,928 at 4% or $128,618 at 6%; with 50% employer match about $128,618 at 4% or $85,746 at 6%; with 100% employer match about $96,464 at 4% or $64,309 at 6%.
Workhorse Investments 401(K) Plan-10$818,742$77,171$7,717iApproximate average salary by contribution assumption: employee only about $192,928 at 4% or $128,618 at 6%; with 50% employer match about $128,618 at 4% or $85,746 at 6%; with 100% employer match about $96,464 at 4% or $64,309 at 6%.
200718$1,163,068$58,501$7,313iApproximate average salary by contribution assumption: employee only about $182,816 at 4% or $121,877 at 6%; with 50% employer match about $121,877 at 4% or $81,251 at 6%; with 100% employer match about $91,408 at 4% or $60,939 at 6%.
Workhorse Investments 401(K) Plan-8$1,163,068$58,501$7,313iApproximate average salary by contribution assumption: employee only about $182,816 at 4% or $121,877 at 6%; with 50% employer match about $121,877 at 4% or $81,251 at 6%; with 100% employer match about $91,408 at 4% or $60,939 at 6%.
200619$1,178,317$98,385$10,932iApproximate average salary by contribution assumption: employee only about $273,292 at 4% or $182,194 at 6%; with 50% employer match about $182,194 at 4% or $121,463 at 6%; with 100% employer match about $136,646 at 4% or $91,097 at 6%.
Workhorse Investments 401(K) Plan-9$1,178,317$98,385$10,932iApproximate average salary by contribution assumption: employee only about $273,292 at 4% or $182,194 at 6%; with 50% employer match about $182,194 at 4% or $121,463 at 6%; with 100% employer match about $136,646 at 4% or $91,097 at 6%.
200519$989,500$88,125$9,792iApproximate average salary by contribution assumption: employee only about $244,792 at 4% or $163,194 at 6%; with 50% employer match about $163,194 at 4% or $108,796 at 6%; with 100% employer match about $122,396 at 4% or $81,597 at 6%.
Workhorse Investments 401(K) Plan-9$989,500$88,125$9,792iApproximate average salary by contribution assumption: employee only about $244,792 at 4% or $163,194 at 6%; with 50% employer match about $163,194 at 4% or $108,796 at 6%; with 100% employer match about $122,396 at 4% or $81,597 at 6%.
2004111$862,691$55,294$5,027iApproximate average salary by contribution assumption: employee only about $125,668 at 4% or $83,779 at 6%; with 50% employer match about $83,779 at 4% or $55,853 at 6%; with 100% employer match about $62,834 at 4% or $41,889 at 6%.
Workhorse Investments 401(K) Plan-11$862,691$55,294$5,027iApproximate average salary by contribution assumption: employee only about $125,668 at 4% or $83,779 at 6%; with 50% employer match about $83,779 at 4% or $55,853 at 6%; with 100% employer match about $62,834 at 4% or $41,889 at 6%.
2003111$780,719$97,917$8,902iApproximate average salary by contribution assumption: employee only about $222,539 at 4% or $148,359 at 6%; with 50% employer match about $148,359 at 4% or $98,906 at 6%; with 100% employer match about $111,269 at 4% or $74,180 at 6%.
Workhorse Investments 401(K) Plan-11$780,719$97,917$8,902iApproximate average salary by contribution assumption: employee only about $222,539 at 4% or $148,359 at 6%; with 50% employer match about $148,359 at 4% or $98,906 at 6%; with 100% employer match about $111,269 at 4% or $74,180 at 6%.
2002110$623,759$96,139$9,614iApproximate average salary by contribution assumption: employee only about $240,348 at 4% or $160,232 at 6%; with 50% employer match about $160,232 at 4% or $106,821 at 6%; with 100% employer match about $120,174 at 4% or $80,116 at 6%.
Workhorse Investments 401(K) Plan-10$623,759$96,139$9,614iApproximate average salary by contribution assumption: employee only about $240,348 at 4% or $160,232 at 6%; with 50% employer match about $160,232 at 4% or $106,821 at 6%; with 100% employer match about $120,174 at 4% or $80,116 at 6%.
2001112$0$0-
Workhorse Investments 401(K) Plan-12---