Civic Intelligence

HAMMERS CONSTRUCTION

Plan context: Hammers Construction Inc. Employee Stock Ownership Plan

EIN 41-1235611 • Perham, MN • 24 filings • 4 plans

44434 Harvest AvenuePerham, MN 56573
Current Snapshot

Latest Year

2024

2024 Participants

53

2024 Assets

$13,047,055

2024 Contributions

$307,886

Historical Graphs

Total Assets Over Time

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

$13,047,055$6,523,528$0200420152024YearValue
$13,047,055Latest year 2024

Participants Over Time

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

53270200420142024YearValue
53Latest 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
2024253$13,047,055$307,886$5,809iApproximate average salary by contribution assumption: employee only about $145,229 at 4% or $96,819 at 6%; with 50% employer match about $96,819 at 4% or $64,546 at 6%; with 100% employer match about $72,615 at 4% or $48,410 at 6%.
Hammers Construction Inc. Employee Stock Ownership Plan-53$10,101,860--
Hammers Construction Inc. 401(K) Plan-38$2,945,195$307,886$8,102iApproximate average salary by contribution assumption: employee only about $202,557 at 4% or $135,038 at 6%; with 50% employer match about $135,038 at 4% or $90,025 at 6%; with 100% employer match about $101,278 at 4% or $67,519 at 6%.
2023253$11,900,841$916,567$17,294iApproximate average salary by contribution assumption: employee only about $432,343 at 4% or $288,229 at 6%; with 50% employer match about $288,229 at 4% or $192,152 at 6%; with 100% employer match about $216,171 at 4% or $144,114 at 6%.
Hammers Construction Inc. Employee Stock Ownership Plan-53$9,339,141$614,018$11,585iApproximate average salary by contribution assumption: employee only about $289,631 at 4% or $193,087 at 6%; with 50% employer match about $193,087 at 4% or $128,725 at 6%; with 100% employer match about $144,816 at 4% or $96,544 at 6%.
Hammers Construction Inc. 401(K) Plan-40$2,561,700$302,549$7,564iApproximate average salary by contribution assumption: employee only about $189,093 at 4% or $126,062 at 6%; with 50% employer match about $126,062 at 4% or $84,041 at 6%; with 100% employer match about $94,547 at 4% or $63,031 at 6%.
2022242$9,228,023$1,030,404$24,533iApproximate average salary by contribution assumption: employee only about $613,336 at 4% or $408,890 at 6%; with 50% employer match about $408,890 at 4% or $272,594 at 6%; with 100% employer match about $306,668 at 4% or $204,445 at 6%.
Hammers Construction Inc. Employee Stock Ownership Plan-42$7,285,664$750,000$17,857iApproximate average salary by contribution assumption: employee only about $446,429 at 4% or $297,619 at 6%; with 50% employer match about $297,619 at 4% or $198,413 at 6%; with 100% employer match about $223,214 at 4% or $148,810 at 6%.
Hammers Construction Inc. 401(K) Plan-40$1,942,359$280,404$7,010iApproximate average salary by contribution assumption: employee only about $175,253 at 4% or $116,835 at 6%; with 50% employer match about $116,835 at 4% or $77,890 at 6%; with 100% employer match about $87,626 at 4% or $58,418 at 6%.
2021136$2,077,892$217,137$6,032iApproximate average salary by contribution assumption: employee only about $150,790 at 4% or $100,526 at 6%; with 50% employer match about $100,526 at 4% or $67,018 at 6%; with 100% employer match about $75,395 at 4% or $50,263 at 6%.
Hammers Construction Inc. 401(K) Plan-36$2,077,892$217,137$6,032iApproximate average salary by contribution assumption: employee only about $150,790 at 4% or $100,526 at 6%; with 50% employer match about $100,526 at 4% or $67,018 at 6%; with 100% employer match about $75,395 at 4% or $50,263 at 6%.
2020137$1,642,092$211,509$5,716iApproximate average salary by contribution assumption: employee only about $142,911 at 4% or $95,274 at 6%; with 50% employer match about $95,274 at 4% or $63,516 at 6%; with 100% employer match about $71,456 at 4% or $47,637 at 6%.
Hammers Construction Inc. 401(K) Plan-37$1,642,092$211,509$5,716iApproximate average salary by contribution assumption: employee only about $142,911 at 4% or $95,274 at 6%; with 50% employer match about $95,274 at 4% or $63,516 at 6%; with 100% employer match about $71,456 at 4% or $47,637 at 6%.
2019134$1,218,094$189,399$5,571iApproximate average salary by contribution assumption: employee only about $139,264 at 4% or $92,843 at 6%; with 50% employer match about $92,843 at 4% or $61,895 at 6%; with 100% employer match about $69,632 at 4% or $46,421 at 6%.
Hammers Construction Inc. 401(K) Plan-34$1,218,094$189,399$5,571iApproximate average salary by contribution assumption: employee only about $139,264 at 4% or $92,843 at 6%; with 50% employer match about $92,843 at 4% or $61,895 at 6%; with 100% employer match about $69,632 at 4% or $46,421 at 6%.
2018132$907,609$189,597$5,925iApproximate average salary by contribution assumption: employee only about $148,123 at 4% or $98,748 at 6%; with 50% employer match about $98,748 at 4% or $65,832 at 6%; with 100% employer match about $74,061 at 4% or $49,374 at 6%.
Hammers Construction Inc. 401(K) Plan-32$907,609$189,597$5,925iApproximate average salary by contribution assumption: employee only about $148,123 at 4% or $98,748 at 6%; with 50% employer match about $98,748 at 4% or $65,832 at 6%; with 100% employer match about $74,061 at 4% or $49,374 at 6%.
2017135$1,066,517$187,017$5,343iApproximate average salary by contribution assumption: employee only about $133,584 at 4% or $89,056 at 6%; with 50% employer match about $89,056 at 4% or $59,370 at 6%; with 100% employer match about $66,792 at 4% or $44,528 at 6%.
Hammers Construction Inc. 401(K) Plan-35$1,066,517$187,017$5,343iApproximate average salary by contribution assumption: employee only about $133,584 at 4% or $89,056 at 6%; with 50% employer match about $89,056 at 4% or $59,370 at 6%; with 100% employer match about $66,792 at 4% or $44,528 at 6%.
2016140$817,443$180,167$4,504iApproximate average salary by contribution assumption: employee only about $112,604 at 4% or $75,070 at 6%; with 50% employer match about $75,070 at 4% or $50,046 at 6%; with 100% employer match about $56,302 at 4% or $37,535 at 6%.
Hammers Construction Inc. 401(K) Plan-40$817,443$180,167$4,504iApproximate average salary by contribution assumption: employee only about $112,604 at 4% or $75,070 at 6%; with 50% employer match about $75,070 at 4% or $50,046 at 6%; with 100% employer match about $56,302 at 4% or $37,535 at 6%.
2015132$623,641$138,907$4,341iApproximate average salary by contribution assumption: employee only about $108,521 at 4% or $72,347 at 6%; with 50% employer match about $72,347 at 4% or $48,232 at 6%; with 100% employer match about $54,261 at 4% or $36,174 at 6%.
Hammers Construction Inc. 401(K) Plan-32$623,641$138,907$4,341iApproximate average salary by contribution assumption: employee only about $108,521 at 4% or $72,347 at 6%; with 50% employer match about $72,347 at 4% or $48,232 at 6%; with 100% employer match about $54,261 at 4% or $36,174 at 6%.
2014125$511,556$116,283$4,651iApproximate average salary by contribution assumption: employee only about $116,283 at 4% or $77,522 at 6%; with 50% employer match about $77,522 at 4% or $51,681 at 6%; with 100% employer match about $58,141 at 4% or $38,761 at 6%.
Hammers Construction Inc. 401(K) Plan-25$511,556$116,283$4,651iApproximate average salary by contribution assumption: employee only about $116,283 at 4% or $77,522 at 6%; with 50% employer match about $77,522 at 4% or $51,681 at 6%; with 100% employer match about $58,141 at 4% or $38,761 at 6%.
2013123$380,744$101,104$4,396iApproximate average salary by contribution assumption: employee only about $109,896 at 4% or $73,264 at 6%; with 50% employer match about $73,264 at 4% or $48,843 at 6%; with 100% employer match about $54,948 at 4% or $36,632 at 6%.
Hammers Construction Inc. 401(K) Plan-23$380,744$101,104$4,396iApproximate average salary by contribution assumption: employee only about $109,896 at 4% or $73,264 at 6%; with 50% employer match about $73,264 at 4% or $48,843 at 6%; with 100% employer match about $54,948 at 4% or $36,632 at 6%.
2012118$233,349$65,489$3,638iApproximate average salary by contribution assumption: employee only about $90,957 at 4% or $60,638 at 6%; with 50% employer match about $60,638 at 4% or $40,425 at 6%; with 100% employer match about $45,478 at 4% or $30,319 at 6%.
Hammers Construction Inc. 401(K) Plan-18$233,349$65,489$3,638iApproximate average salary by contribution assumption: employee only about $90,957 at 4% or $60,638 at 6%; with 50% employer match about $60,638 at 4% or $40,425 at 6%; with 100% employer match about $45,478 at 4% or $30,319 at 6%.
2011114$150,429$33,940$2,424iApproximate average salary by contribution assumption: employee only about $60,607 at 4% or $40,405 at 6%; with 50% employer match about $40,405 at 4% or $26,937 at 6%; with 100% employer match about $30,304 at 4% or $20,202 at 6%.
Hammers Construction Inc. 401(K) Plan-14$150,429$33,940$2,424iApproximate average salary by contribution assumption: employee only about $60,607 at 4% or $40,405 at 6%; with 50% employer match about $40,405 at 4% or $26,937 at 6%; with 100% employer match about $30,304 at 4% or $20,202 at 6%.
2010113$118,232$37,429$2,879iApproximate average salary by contribution assumption: employee only about $71,979 at 4% or $47,986 at 6%; with 50% employer match about $47,986 at 4% or $31,991 at 6%; with 100% employer match about $35,989 at 4% or $23,993 at 6%.
Hammers Construction Inc. 401(K) Plan-13$118,232$37,429$2,879iApproximate average salary by contribution assumption: employee only about $71,979 at 4% or $47,986 at 6%; with 50% employer match about $47,986 at 4% or $31,991 at 6%; with 100% employer match about $35,989 at 4% or $23,993 at 6%.
2009113$69,012$33,988$2,614iApproximate average salary by contribution assumption: employee only about $65,362 at 4% or $43,574 at 6%; with 50% employer match about $43,574 at 4% or $29,050 at 6%; with 100% employer match about $32,681 at 4% or $21,787 at 6%.
Hammers Construction Inc. 401(K) Plan-13$69,012$33,988$2,614iApproximate average salary by contribution assumption: employee only about $65,362 at 4% or $43,574 at 6%; with 50% employer match about $43,574 at 4% or $29,050 at 6%; with 100% employer match about $32,681 at 4% or $21,787 at 6%.
2008112$24,169$23,431$1,953iApproximate average salary by contribution assumption: employee only about $48,815 at 4% or $32,543 at 6%; with 50% employer match about $32,543 at 4% or $21,695 at 6%; with 100% employer match about $24,407 at 4% or $16,272 at 6%.
Hammers Construction Inc. 401(K) Plan-12$24,169$23,431$1,953iApproximate average salary by contribution assumption: employee only about $48,815 at 4% or $32,543 at 6%; with 50% employer match about $32,543 at 4% or $21,695 at 6%; with 100% employer match about $24,407 at 4% or $16,272 at 6%.
2007110$0$0-
Hammers Construction Inc. 401(K) Plan-10---
200616$11,180$3,480$580iApproximate average salary by contribution assumption: employee only about $14,500 at 4% or $9,667 at 6%; with 50% employer match about $9,667 at 4% or $6,444 at 6%; with 100% employer match about $7,250 at 4% or $4,833 at 6%.
Hammers Construction Inc. 401(K) Plan-6$11,180$3,480$580iApproximate average salary by contribution assumption: employee only about $14,500 at 4% or $9,667 at 6%; with 50% employer match about $9,667 at 4% or $6,444 at 6%; with 100% employer match about $7,250 at 4% or $4,833 at 6%.
2005110$7,073$3,955$396iApproximate average salary by contribution assumption: employee only about $9,888 at 4% or $6,592 at 6%; with 50% employer match about $6,592 at 4% or $4,394 at 6%; with 100% employer match about $4,944 at 4% or $3,296 at 6%.
Hammers Construction Inc. 401(K) Plan-10$7,073$3,955$396iApproximate average salary by contribution assumption: employee only about $9,888 at 4% or $6,592 at 6%; with 50% employer match about $6,592 at 4% or $4,394 at 6%; with 100% employer match about $4,944 at 4% or $3,296 at 6%.
2004112$3,241$3,172$264iApproximate average salary by contribution assumption: employee only about $6,608 at 4% or $4,406 at 6%; with 50% employer match about $4,406 at 4% or $2,937 at 6%; with 100% employer match about $3,304 at 4% or $2,203 at 6%.
Hammers Construction Inc. 401(K) Plan-12$3,241$3,172$264iApproximate average salary by contribution assumption: employee only about $6,608 at 4% or $4,406 at 6%; with 50% employer match about $4,406 at 4% or $2,937 at 6%; with 100% employer match about $3,304 at 4% or $2,203 at 6%.