Civic Intelligence

Koro Industries Inc.

Plan context: Koro Industries Inc. Profit Sharing Plan and Trust

EIN 41-1236909 • St. Michael, MN • 25 filings • 3 plans

1497 Jackson Avenue NEAttn Steve Korosec OR Diane KorosecSt. Michael, MN 55376
Current Snapshot

Latest Year

2023

2023 Participants

6

2023 Assets

$5,755,574

2023 Contributions

$238,244

Historical Graphs

Total Assets Over Time

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

$5,755,574$2,877,787$0199920142022YearValue
$5,755,574Latest year 2022

Participants Over Time

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

950199920112022YearValue
6Latest 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$238,244-
Koro Industries Inc. Profit Sharing Plan and Trust-0-$238,244-
202216$5,755,574$160,916$26,819iApproximate average salary by contribution assumption: employee only about $670,483 at 4% or $446,989 at 6%; with 50% employer match about $446,989 at 4% or $297,993 at 6%; with 100% employer match about $335,242 at 4% or $223,494 at 6%.
Koro Industries Inc. Profit Sharing Plan and Trust-6$5,755,574$160,916$26,819iApproximate average salary by contribution assumption: employee only about $670,483 at 4% or $446,989 at 6%; with 50% employer match about $446,989 at 4% or $297,993 at 6%; with 100% employer match about $335,242 at 4% or $223,494 at 6%.
202116$4,942,125$115,955$19,326iApproximate average salary by contribution assumption: employee only about $483,146 at 4% or $322,097 at 6%; with 50% employer match about $322,097 at 4% or $214,731 at 6%; with 100% employer match about $241,573 at 4% or $161,049 at 6%.
Koro Industries Inc. Profit Sharing Plan and Trust-6$4,942,125$115,955$19,326iApproximate average salary by contribution assumption: employee only about $483,146 at 4% or $322,097 at 6%; with 50% employer match about $322,097 at 4% or $214,731 at 6%; with 100% employer match about $241,573 at 4% or $161,049 at 6%.
202016$5,636,482$108,032$18,005iApproximate average salary by contribution assumption: employee only about $450,133 at 4% or $300,089 at 6%; with 50% employer match about $300,089 at 4% or $200,059 at 6%; with 100% employer match about $225,067 at 4% or $150,044 at 6%.
Koro Industries Inc. Profit Sharing Plan and Trust-6$5,636,482$108,032$18,005iApproximate average salary by contribution assumption: employee only about $450,133 at 4% or $300,089 at 6%; with 50% employer match about $300,089 at 4% or $200,059 at 6%; with 100% employer match about $225,067 at 4% or $150,044 at 6%.
201917$4,326,986$106,575$15,225iApproximate average salary by contribution assumption: employee only about $380,625 at 4% or $253,750 at 6%; with 50% employer match about $253,750 at 4% or $169,167 at 6%; with 100% employer match about $190,313 at 4% or $126,875 at 6%.
Koro Industries Inc. Profit Sharing Plan and Trust-7$4,326,986$106,575$15,225iApproximate average salary by contribution assumption: employee only about $380,625 at 4% or $253,750 at 6%; with 50% employer match about $253,750 at 4% or $169,167 at 6%; with 100% employer match about $190,313 at 4% or $126,875 at 6%.
201817$4,043,796$107,512$15,359iApproximate average salary by contribution assumption: employee only about $383,971 at 4% or $255,981 at 6%; with 50% employer match about $255,981 at 4% or $170,654 at 6%; with 100% employer match about $191,986 at 4% or $127,990 at 6%.
Koro Industries Inc. Profit Sharing Plan and Trust-7$4,043,796$107,512$15,359iApproximate average salary by contribution assumption: employee only about $383,971 at 4% or $255,981 at 6%; with 50% employer match about $255,981 at 4% or $170,654 at 6%; with 100% employer match about $191,986 at 4% or $127,990 at 6%.
201717$3,717,649$101,742$14,535iApproximate average salary by contribution assumption: employee only about $363,364 at 4% or $242,243 at 6%; with 50% employer match about $242,243 at 4% or $161,495 at 6%; with 100% employer match about $181,682 at 4% or $121,121 at 6%.
Koro Industries Inc. Profit Sharing Plan and Trust-7$3,717,649$101,742$14,535iApproximate average salary by contribution assumption: employee only about $363,364 at 4% or $242,243 at 6%; with 50% employer match about $242,243 at 4% or $161,495 at 6%; with 100% employer match about $181,682 at 4% or $121,121 at 6%.
201617$3,304,779$122,932$17,562iApproximate average salary by contribution assumption: employee only about $439,043 at 4% or $292,695 at 6%; with 50% employer match about $292,695 at 4% or $195,130 at 6%; with 100% employer match about $219,521 at 4% or $146,348 at 6%.
Koro Industries Inc. Profit Sharing Plan and Trust-7$3,304,779$122,932$17,562iApproximate average salary by contribution assumption: employee only about $439,043 at 4% or $292,695 at 6%; with 50% employer match about $292,695 at 4% or $195,130 at 6%; with 100% employer match about $219,521 at 4% or $146,348 at 6%.
201517$2,844,559$155,607$22,230iApproximate average salary by contribution assumption: employee only about $555,739 at 4% or $370,493 at 6%; with 50% employer match about $370,493 at 4% or $246,995 at 6%; with 100% employer match about $277,870 at 4% or $185,246 at 6%.
Koro Industries Inc. Profit Sharing Plan and Trust-7$2,844,559$155,607$22,230iApproximate average salary by contribution assumption: employee only about $555,739 at 4% or $370,493 at 6%; with 50% employer match about $370,493 at 4% or $246,995 at 6%; with 100% employer match about $277,870 at 4% or $185,246 at 6%.
201417$2,667,450$145,233$20,748iApproximate average salary by contribution assumption: employee only about $518,689 at 4% or $345,793 at 6%; with 50% employer match about $345,793 at 4% or $230,529 at 6%; with 100% employer match about $259,345 at 4% or $172,896 at 6%.
Koro Industries Inc. Profit Sharing Plan and Trust-7$2,667,450$145,233$20,748iApproximate average salary by contribution assumption: employee only about $518,689 at 4% or $345,793 at 6%; with 50% employer match about $345,793 at 4% or $230,529 at 6%; with 100% employer match about $259,345 at 4% or $172,896 at 6%.
201317$2,449,877$90,264$12,895iApproximate average salary by contribution assumption: employee only about $322,371 at 4% or $214,914 at 6%; with 50% employer match about $214,914 at 4% or $143,276 at 6%; with 100% employer match about $161,186 at 4% or $107,457 at 6%.
Koro Industries Inc. Profit Sharing Plan and Trust-7$2,449,877$90,264$12,895iApproximate average salary by contribution assumption: employee only about $322,371 at 4% or $214,914 at 6%; with 50% employer match about $214,914 at 4% or $143,276 at 6%; with 100% employer match about $161,186 at 4% or $107,457 at 6%.
201216$2,329,737$130,781$21,797iApproximate average salary by contribution assumption: employee only about $544,921 at 4% or $363,281 at 6%; with 50% employer match about $363,281 at 4% or $242,187 at 6%; with 100% employer match about $272,460 at 4% or $181,640 at 6%.
Koro Industries Inc. Profit Sharing Plan and Trust-6$2,329,737$130,781$21,797iApproximate average salary by contribution assumption: employee only about $544,921 at 4% or $363,281 at 6%; with 50% employer match about $363,281 at 4% or $242,187 at 6%; with 100% employer match about $272,460 at 4% or $181,640 at 6%.
201117$2,048,286$85,342$12,192iApproximate average salary by contribution assumption: employee only about $304,793 at 4% or $203,195 at 6%; with 50% employer match about $203,195 at 4% or $135,463 at 6%; with 100% employer match about $152,396 at 4% or $101,598 at 6%.
Koro Industries Inc. Profit Sharing Plan and Trust-7$2,048,286$85,342$12,192iApproximate average salary by contribution assumption: employee only about $304,793 at 4% or $203,195 at 6%; with 50% employer match about $203,195 at 4% or $135,463 at 6%; with 100% employer match about $152,396 at 4% or $101,598 at 6%.
201019$1,997,494$71,201$7,911iApproximate average salary by contribution assumption: employee only about $197,781 at 4% or $131,854 at 6%; with 50% employer match about $131,854 at 4% or $87,902 at 6%; with 100% employer match about $98,890 at 4% or $65,927 at 6%.
Koro Industries Inc. Profit Sharing Plan and Trust-9$1,997,494$71,201$7,911iApproximate average salary by contribution assumption: employee only about $197,781 at 4% or $131,854 at 6%; with 50% employer match about $131,854 at 4% or $87,902 at 6%; with 100% employer match about $98,890 at 4% or $65,927 at 6%.
200918$1,722,411$23,929$2,991iApproximate average salary by contribution assumption: employee only about $74,778 at 4% or $49,852 at 6%; with 50% employer match about $49,852 at 4% or $33,235 at 6%; with 100% employer match about $37,389 at 4% or $24,926 at 6%.
Koro Industries Inc. Profit Sharing Plan and Trust-8$1,722,411$23,929$2,991iApproximate average salary by contribution assumption: employee only about $74,778 at 4% or $49,852 at 6%; with 50% employer match about $49,852 at 4% or $33,235 at 6%; with 100% employer match about $37,389 at 4% or $24,926 at 6%.
200819$0$0-
Koro Industries Inc. Profit Sharing Plan and Trust-9---
200717$0$0-
Koro Industries Inc. Profit Sharing Plan and Trust-7---
200619$1,811,519$214,784$23,865iApproximate average salary by contribution assumption: employee only about $596,622 at 4% or $397,748 at 6%; with 50% employer match about $397,748 at 4% or $265,165 at 6%; with 100% employer match about $298,311 at 4% or $198,874 at 6%.
Koro Industries Inc. Profit Sharing Plan and Trust-9$1,811,519$214,784$23,865iApproximate average salary by contribution assumption: employee only about $596,622 at 4% or $397,748 at 6%; with 50% employer match about $397,748 at 4% or $265,165 at 6%; with 100% employer match about $298,311 at 4% or $198,874 at 6%.
200519$1,410,953$214,077$23,786iApproximate average salary by contribution assumption: employee only about $594,658 at 4% or $396,439 at 6%; with 50% employer match about $396,439 at 4% or $264,293 at 6%; with 100% employer match about $297,329 at 4% or $198,219 at 6%.
Koro Industries Inc. Profit Sharing Plan and Trust-9$1,410,953$214,077$23,786iApproximate average salary by contribution assumption: employee only about $594,658 at 4% or $396,439 at 6%; with 50% employer match about $396,439 at 4% or $264,293 at 6%; with 100% employer match about $297,329 at 4% or $198,219 at 6%.
200417$1,164,220$182,835$26,119iApproximate average salary by contribution assumption: employee only about $652,982 at 4% or $435,321 at 6%; with 50% employer match about $435,321 at 4% or $290,214 at 6%; with 100% employer match about $326,491 at 4% or $217,661 at 6%.
Koro Industries Inc. Profit Sharing Plan and Trust-7$1,164,220$182,835$26,119iApproximate average salary by contribution assumption: employee only about $652,982 at 4% or $435,321 at 6%; with 50% employer match about $435,321 at 4% or $290,214 at 6%; with 100% employer match about $326,491 at 4% or $217,661 at 6%.
200317$0$0-
Koro Industries Inc. Profit Sharing Plan and Trust-7---
200218$0$0-
Koro Industries Inc. Profit Sharing Plan and Trust-8---
200119$0$0-
Koro Industries Inc. Profit Sharing Plan and Trust-9---
200019$0$0-
Koro Industries Inc. Profit Sharing Plan and Trust-9---
199919$567,191$83,400$9,267iApproximate average salary by contribution assumption: employee only about $231,667 at 4% or $154,444 at 6%; with 50% employer match about $154,444 at 4% or $102,963 at 6%; with 100% employer match about $115,833 at 4% or $77,222 at 6%.
Koro Industries Inc. Profit Sharing Plan and Trust-9$567,191$83,400$9,267iApproximate average salary by contribution assumption: employee only about $231,667 at 4% or $154,444 at 6%; with 50% employer match about $154,444 at 4% or $102,963 at 6%; with 100% employer match about $115,833 at 4% or $77,222 at 6%.