BASIC METAL, INC.
Plan context: Basic Metals Inc. Profit Sharing Plan
EIN 39-1515822 • 9 filings • 2 plans
Current Snapshot
Latest Year
2007
2007 Participants
26
2007 Assets
$1,977,054
2007 Contributions
$236,543
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 |
|---|---|---|---|---|---|
| 2007 | 1 | 26 | $1,977,054 | $236,543 | $9,098iApproximate average salary by contribution assumption: employee only about $227,445 at 4% or $151,630 at 6%; with 50% employer match about $151,630 at 4% or $101,087 at 6%; with 100% employer match about $113,723 at 4% or $75,815 at 6%. |
| Basic Metals Inc. Profit Sharing Plan | - | 26 | $1,977,054 | $236,543 | $9,098iApproximate average salary by contribution assumption: employee only about $227,445 at 4% or $151,630 at 6%; with 50% employer match about $151,630 at 4% or $101,087 at 6%; with 100% employer match about $113,723 at 4% or $75,815 at 6%. |
| 2006 | 1 | 23 | $1,642,155 | $28,485 | $1,238iApproximate average salary by contribution assumption: employee only about $30,962 at 4% or $20,641 at 6%; with 50% employer match about $20,641 at 4% or $13,761 at 6%; with 100% employer match about $15,481 at 4% or $10,321 at 6%. |
| Basic Metals Inc. Profit Sharing Plan | - | 23 | $1,642,155 | $28,485 | $1,238iApproximate average salary by contribution assumption: employee only about $30,962 at 4% or $20,641 at 6%; with 50% employer match about $20,641 at 4% or $13,761 at 6%; with 100% employer match about $15,481 at 4% or $10,321 at 6%. |
| 2005 | 1 | 15 | $1,507,237 | $156,582 | $10,439iApproximate average salary by contribution assumption: employee only about $260,970 at 4% or $173,980 at 6%; with 50% employer match about $173,980 at 4% or $115,987 at 6%; with 100% employer match about $130,485 at 4% or $86,990 at 6%. |
| Basic Metals Inc. Profit Sharing Plan | - | 15 | $1,507,237 | $156,582 | $10,439iApproximate average salary by contribution assumption: employee only about $260,970 at 4% or $173,980 at 6%; with 50% employer match about $173,980 at 4% or $115,987 at 6%; with 100% employer match about $130,485 at 4% or $86,990 at 6%. |
| 2004 | 1 | 15 | $1,237,796 | $148,576 | $9,905iApproximate average salary by contribution assumption: employee only about $247,627 at 4% or $165,084 at 6%; with 50% employer match about $165,084 at 4% or $110,056 at 6%; with 100% employer match about $123,813 at 4% or $82,542 at 6%. |
| Basic Metals Inc. Profit Sharing Plan | - | 15 | $1,237,796 | $148,576 | $9,905iApproximate average salary by contribution assumption: employee only about $247,627 at 4% or $165,084 at 6%; with 50% employer match about $165,084 at 4% or $110,056 at 6%; with 100% employer match about $123,813 at 4% or $82,542 at 6%. |
| 2003 | 1 | 14 | $1,019,443 | $131,389 | $9,385iApproximate average salary by contribution assumption: employee only about $234,623 at 4% or $156,415 at 6%; with 50% employer match about $156,415 at 4% or $104,277 at 6%; with 100% employer match about $117,312 at 4% or $78,208 at 6%. |
| Basic Metals Inc. Profit Sharing Plan | - | 14 | $1,019,443 | $131,389 | $9,385iApproximate average salary by contribution assumption: employee only about $234,623 at 4% or $156,415 at 6%; with 50% employer match about $156,415 at 4% or $104,277 at 6%; with 100% employer match about $117,312 at 4% or $78,208 at 6%. |
| 2002 | 1 | 14 | $696,459 | $125,585 | $8,970iApproximate average salary by contribution assumption: employee only about $224,259 at 4% or $149,506 at 6%; with 50% employer match about $149,506 at 4% or $99,671 at 6%; with 100% employer match about $112,129 at 4% or $74,753 at 6%. |
| Basic Metals Inc. Profit Sharing Plan | - | 14 | $696,459 | $125,585 | $8,970iApproximate average salary by contribution assumption: employee only about $224,259 at 4% or $149,506 at 6%; with 50% employer match about $149,506 at 4% or $99,671 at 6%; with 100% employer match about $112,129 at 4% or $74,753 at 6%. |
| 2001 | 1 | 12 | $1,369,442 | $120,271 | $10,023iApproximate average salary by contribution assumption: employee only about $250,565 at 4% or $167,043 at 6%; with 50% employer match about $167,043 at 4% or $111,362 at 6%; with 100% employer match about $125,282 at 4% or $83,522 at 6%. |
| Basic Metals Inc. Profit Sharing Plan | - | 12 | $1,369,442 | $120,271 | $10,023iApproximate average salary by contribution assumption: employee only about $250,565 at 4% or $167,043 at 6%; with 50% employer match about $167,043 at 4% or $111,362 at 6%; with 100% employer match about $125,282 at 4% or $83,522 at 6%. |
| 2000 | 1 | 14 | $1,599,576 | $132,458 | $9,461iApproximate average salary by contribution assumption: employee only about $236,532 at 4% or $157,688 at 6%; with 50% employer match about $157,688 at 4% or $105,125 at 6%; with 100% employer match about $118,266 at 4% or $78,844 at 6%. |
| Basic Metals Inc. Profit Sharing Plan | - | 14 | $1,599,576 | $132,458 | $9,461iApproximate average salary by contribution assumption: employee only about $236,532 at 4% or $157,688 at 6%; with 50% employer match about $157,688 at 4% or $105,125 at 6%; with 100% employer match about $118,266 at 4% or $78,844 at 6%. |
| 1999 | 1 | 13 | $1,740,451 | $116,811 | $8,985iApproximate average salary by contribution assumption: employee only about $224,637 at 4% or $149,758 at 6%; with 50% employer match about $149,758 at 4% or $99,838 at 6%; with 100% employer match about $112,318 at 4% or $74,879 at 6%. |
| Basic Metals Inc. Profit Sharing Plan | - | 13 | $1,740,451 | $116,811 | $8,985iApproximate average salary by contribution assumption: employee only about $224,637 at 4% or $149,758 at 6%; with 50% employer match about $149,758 at 4% or $99,838 at 6%; with 100% employer match about $112,318 at 4% or $74,879 at 6%. |