Civic Intelligence

Shank Power Products Co. Inc.

Plan context: Shank Power Products Co. Inc. Profit Sharing Plan & Trust

EIN 41-0826384 • West St. Paul, MN • 28 filings • 6 plans

1540 Humboldt Avenue #102West St. Paul, MN 55118
Current Snapshot

Latest Year

2024

2024 Participants

6

2024 Assets

$2,416,098

2024 Contributions

$245,225

Historical Graphs

Total Assets Over Time

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

$5,737,234$2,868,617$0199920122024YearValue
$2,416,098Latest year 2024

Participants Over Time

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

840199920112024YearValue
6Latest 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
202416$2,416,098$245,225$40,871iApproximate average salary by contribution assumption: employee only about $1,021,771 at 4% or $681,181 at 6%; with 50% employer match about $681,181 at 4% or $454,120 at 6%; with 100% employer match about $510,885 at 4% or $340,590 at 6%.
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-6$2,416,098$245,225$40,871iApproximate average salary by contribution assumption: employee only about $1,021,771 at 4% or $681,181 at 6%; with 50% employer match about $681,181 at 4% or $454,120 at 6%; with 100% employer match about $510,885 at 4% or $340,590 at 6%.
202316$2,183,593$254,632$42,439iApproximate average salary by contribution assumption: employee only about $1,060,967 at 4% or $707,311 at 6%; with 50% employer match about $707,311 at 4% or $471,541 at 6%; with 100% employer match about $530,483 at 4% or $353,656 at 6%.
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-6$2,183,593$254,632$42,439iApproximate average salary by contribution assumption: employee only about $1,060,967 at 4% or $707,311 at 6%; with 50% employer match about $707,311 at 4% or $471,541 at 6%; with 100% employer match about $530,483 at 4% or $353,656 at 6%.
202215$2,494,013$120,036$24,007iApproximate average salary by contribution assumption: employee only about $600,180 at 4% or $400,120 at 6%; with 50% employer match about $400,120 at 4% or $266,747 at 6%; with 100% employer match about $300,090 at 4% or $200,060 at 6%.
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-5$2,494,013$120,036$24,007iApproximate average salary by contribution assumption: employee only about $600,180 at 4% or $400,120 at 6%; with 50% employer match about $400,120 at 4% or $266,747 at 6%; with 100% employer match about $300,090 at 4% or $200,060 at 6%.
202116$2,968,808$239,165$39,861iApproximate average salary by contribution assumption: employee only about $996,521 at 4% or $664,347 at 6%; with 50% employer match about $664,347 at 4% or $442,898 at 6%; with 100% employer match about $498,260 at 4% or $332,174 at 6%.
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-6$2,968,808$239,165$39,861iApproximate average salary by contribution assumption: employee only about $996,521 at 4% or $664,347 at 6%; with 50% employer match about $664,347 at 4% or $442,898 at 6%; with 100% employer match about $498,260 at 4% or $332,174 at 6%.
202010$2,599,127$348,828-
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-0$2,599,127$348,828-
201915$1,739,010$237,056$47,411iApproximate average salary by contribution assumption: employee only about $1,185,280 at 4% or $790,187 at 6%; with 50% employer match about $790,187 at 4% or $526,791 at 6%; with 100% employer match about $592,640 at 4% or $395,093 at 6%.
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-5$1,739,010$237,056$47,411iApproximate average salary by contribution assumption: employee only about $1,185,280 at 4% or $790,187 at 6%; with 50% employer match about $790,187 at 4% or $526,791 at 6%; with 100% employer match about $592,640 at 4% or $395,093 at 6%.
201815$1,749,152$165,831$33,166iApproximate average salary by contribution assumption: employee only about $829,155 at 4% or $552,770 at 6%; with 50% employer match about $552,770 at 4% or $368,513 at 6%; with 100% employer match about $414,577 at 4% or $276,385 at 6%.
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-5$1,749,152$165,831$33,166iApproximate average salary by contribution assumption: employee only about $829,155 at 4% or $552,770 at 6%; with 50% employer match about $552,770 at 4% or $368,513 at 6%; with 100% employer match about $414,577 at 4% or $276,385 at 6%.
201715$1,863,303$135,383$27,077iApproximate average salary by contribution assumption: employee only about $676,915 at 4% or $451,277 at 6%; with 50% employer match about $451,277 at 4% or $300,851 at 6%; with 100% employer match about $338,458 at 4% or $225,638 at 6%.
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-5$1,863,303$135,383$27,077iApproximate average salary by contribution assumption: employee only about $676,915 at 4% or $451,277 at 6%; with 50% employer match about $451,277 at 4% or $300,851 at 6%; with 100% employer match about $338,458 at 4% or $225,638 at 6%.
201615$1,543,167$135,512$27,102iApproximate average salary by contribution assumption: employee only about $677,560 at 4% or $451,707 at 6%; with 50% employer match about $451,707 at 4% or $301,138 at 6%; with 100% employer match about $338,780 at 4% or $225,853 at 6%.
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-5$1,543,167$135,512$27,102iApproximate average salary by contribution assumption: employee only about $677,560 at 4% or $451,707 at 6%; with 50% employer match about $451,707 at 4% or $301,138 at 6%; with 100% employer match about $338,780 at 4% or $225,853 at 6%.
201515$1,242,951$199,429$39,886iApproximate average salary by contribution assumption: employee only about $997,145 at 4% or $664,763 at 6%; with 50% employer match about $664,763 at 4% or $443,176 at 6%; with 100% employer match about $498,573 at 4% or $332,382 at 6%.
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-5$1,242,951$199,429$39,886iApproximate average salary by contribution assumption: employee only about $997,145 at 4% or $664,763 at 6%; with 50% employer match about $664,763 at 4% or $443,176 at 6%; with 100% employer match about $498,573 at 4% or $332,382 at 6%.
201415$1,211,287$66,901$13,380iApproximate average salary by contribution assumption: employee only about $334,505 at 4% or $223,003 at 6%; with 50% employer match about $223,003 at 4% or $148,669 at 6%; with 100% employer match about $167,253 at 4% or $111,502 at 6%.
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-5$1,211,287$66,901$13,380iApproximate average salary by contribution assumption: employee only about $334,505 at 4% or $223,003 at 6%; with 50% employer match about $223,003 at 4% or $148,669 at 6%; with 100% employer match about $167,253 at 4% or $111,502 at 6%.
201316$1,421,437$358,238$59,706iApproximate average salary by contribution assumption: employee only about $1,492,658 at 4% or $995,106 at 6%; with 50% employer match about $995,106 at 4% or $663,404 at 6%; with 100% employer match about $746,329 at 4% or $497,553 at 6%.
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-6$1,421,437$358,238$59,706iApproximate average salary by contribution assumption: employee only about $1,492,658 at 4% or $995,106 at 6%; with 50% employer match about $995,106 at 4% or $663,404 at 6%; with 100% employer match about $746,329 at 4% or $497,553 at 6%.
201216$1,076,200$116,551$19,425iApproximate average salary by contribution assumption: employee only about $485,629 at 4% or $323,753 at 6%; with 50% employer match about $323,753 at 4% or $215,835 at 6%; with 100% employer match about $242,815 at 4% or $161,876 at 6%.
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-6$1,076,200$116,551$19,425iApproximate average salary by contribution assumption: employee only about $485,629 at 4% or $323,753 at 6%; with 50% employer match about $323,753 at 4% or $215,835 at 6%; with 100% employer match about $242,815 at 4% or $161,876 at 6%.
201117$1,705,590$68,541$9,792iApproximate average salary by contribution assumption: employee only about $244,789 at 4% or $163,193 at 6%; with 50% employer match about $163,193 at 4% or $108,795 at 6%; with 100% employer match about $122,395 at 4% or $81,596 at 6%.
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-7$1,705,590$68,541$9,792iApproximate average salary by contribution assumption: employee only about $244,789 at 4% or $163,193 at 6%; with 50% employer match about $163,193 at 4% or $108,795 at 6%; with 100% employer match about $122,395 at 4% or $81,596 at 6%.
201017$4,463,517$0-
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-7$4,463,517--
200917$4,275,986$0-
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-7$4,275,986--
200817$3,662,397$0-
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-7$3,662,397--
200718$4,715,710$281,219$35,152iApproximate average salary by contribution assumption: employee only about $878,809 at 4% or $585,873 at 6%; with 50% employer match about $585,873 at 4% or $390,582 at 6%; with 100% employer match about $439,405 at 4% or $292,936 at 6%.
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-8$4,715,710$281,219$35,152iApproximate average salary by contribution assumption: employee only about $878,809 at 4% or $585,873 at 6%; with 50% employer match about $585,873 at 4% or $390,582 at 6%; with 100% employer match about $439,405 at 4% or $292,936 at 6%.
200617$4,129,355$209,036$29,862iApproximate average salary by contribution assumption: employee only about $746,557 at 4% or $497,705 at 6%; with 50% employer match about $497,705 at 4% or $331,803 at 6%; with 100% employer match about $373,279 at 4% or $248,852 at 6%.
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-7$4,129,355$209,036$29,862iApproximate average salary by contribution assumption: employee only about $746,557 at 4% or $497,705 at 6%; with 50% employer match about $497,705 at 4% or $331,803 at 6%; with 100% employer match about $373,279 at 4% or $248,852 at 6%.
200516$5,737,234$207,849$34,642iApproximate average salary by contribution assumption: employee only about $866,038 at 4% or $577,358 at 6%; with 50% employer match about $577,358 at 4% or $384,906 at 6%; with 100% employer match about $433,019 at 4% or $288,679 at 6%.
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-6$5,737,234$207,849$34,642iApproximate average salary by contribution assumption: employee only about $866,038 at 4% or $577,358 at 6%; with 50% employer match about $577,358 at 4% or $384,906 at 6%; with 100% employer match about $433,019 at 4% or $288,679 at 6%.
200415$5,292,658$184,221$36,844iApproximate average salary by contribution assumption: employee only about $921,105 at 4% or $614,070 at 6%; with 50% employer match about $614,070 at 4% or $409,380 at 6%; with 100% employer match about $460,552 at 4% or $307,035 at 6%.
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-5$5,292,658$184,221$36,844iApproximate average salary by contribution assumption: employee only about $921,105 at 4% or $614,070 at 6%; with 50% employer match about $614,070 at 4% or $409,380 at 6%; with 100% employer match about $460,552 at 4% or $307,035 at 6%.
200315$4,629,020$149,520$29,904iApproximate average salary by contribution assumption: employee only about $747,600 at 4% or $498,400 at 6%; with 50% employer match about $498,400 at 4% or $332,267 at 6%; with 100% employer match about $373,800 at 4% or $249,200 at 6%.
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-5$4,629,020$149,520$29,904iApproximate average salary by contribution assumption: employee only about $747,600 at 4% or $498,400 at 6%; with 50% employer match about $498,400 at 4% or $332,267 at 6%; with 100% employer match about $373,800 at 4% or $249,200 at 6%.
200216$3,692,288$146,204$24,367iApproximate average salary by contribution assumption: employee only about $609,183 at 4% or $406,122 at 6%; with 50% employer match about $406,122 at 4% or $270,748 at 6%; with 100% employer match about $304,592 at 4% or $203,061 at 6%.
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-6$3,692,288$146,204$24,367iApproximate average salary by contribution assumption: employee only about $609,183 at 4% or $406,122 at 6%; with 50% employer match about $406,122 at 4% or $270,748 at 6%; with 100% employer match about $304,592 at 4% or $203,061 at 6%.
200126$0$0-
SHANK POWER PRODUCTS CO., INC. MONEY PURCHASE PENSION PLAN-0---
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-6---
200026$4,700,339$155,234$25,872iApproximate average salary by contribution assumption: employee only about $646,808 at 4% or $431,206 at 6%; with 50% employer match about $431,206 at 4% or $287,470 at 6%; with 100% employer match about $323,404 at 4% or $215,603 at 6%.
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-6$4,417,544$112,626$18,771iApproximate average salary by contribution assumption: employee only about $469,275 at 4% or $312,850 at 6%; with 50% employer match about $312,850 at 4% or $208,567 at 6%; with 100% employer match about $234,638 at 4% or $156,425 at 6%.
SHANK POWER PRODUCTS CO., INC. MONEY PURCHASE PENSION PLAN-6$282,795$42,608$7,101iApproximate average salary by contribution assumption: employee only about $177,533 at 4% or $118,356 at 6%; with 50% employer match about $118,356 at 4% or $78,904 at 6%; with 100% employer match about $88,767 at 4% or $59,178 at 6%.
199915$5,056,663$120,118$24,024iApproximate average salary by contribution assumption: employee only about $600,590 at 4% or $400,393 at 6%; with 50% employer match about $400,393 at 4% or $266,929 at 6%; with 100% employer match about $300,295 at 4% or $200,197 at 6%.
Shank Power Products Co. Inc. Profit Sharing Plan & Trust-5$5,056,663$120,118$24,024iApproximate average salary by contribution assumption: employee only about $600,590 at 4% or $400,393 at 6%; with 50% employer match about $400,393 at 4% or $266,929 at 6%; with 100% employer match about $300,295 at 4% or $200,197 at 6%.