Omnitool Inc.
Plan context: Omnitool Inc. Profit Sharing Plan
EIN 41-1303657 • Brooklyn Center, MN • 26 filings • 4 plans
Current Snapshot
Latest Year
2024
2024 Participants
31
2024 Assets
$7,025,978
2024 Contributions
$240,276
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 |
|---|---|---|---|---|---|
| 2024 | 1 | 31 | $7,025,978 | $240,276 | $7,751iApproximate average salary by contribution assumption: employee only about $193,771 at 4% or $129,181 at 6%; with 50% employer match about $129,181 at 4% or $86,120 at 6%; with 100% employer match about $96,885 at 4% or $64,590 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 31 | $7,025,978 | $240,276 | $7,751iApproximate average salary by contribution assumption: employee only about $193,771 at 4% or $129,181 at 6%; with 50% employer match about $129,181 at 4% or $86,120 at 6%; with 100% employer match about $96,885 at 4% or $64,590 at 6%. |
| 2023 | 1 | 33 | $7,114,262 | $204,121 | $6,185iApproximate average salary by contribution assumption: employee only about $154,637 at 4% or $103,091 at 6%; with 50% employer match about $103,091 at 4% or $68,728 at 6%; with 100% employer match about $77,319 at 4% or $51,546 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 33 | $7,114,262 | $204,121 | $6,185iApproximate average salary by contribution assumption: employee only about $154,637 at 4% or $103,091 at 6%; with 50% employer match about $103,091 at 4% or $68,728 at 6%; with 100% employer match about $77,319 at 4% or $51,546 at 6%. |
| 2022 | 1 | 34 | $6,568,717 | $87,423 | $2,571iApproximate average salary by contribution assumption: employee only about $64,282 at 4% or $42,854 at 6%; with 50% employer match about $42,854 at 4% or $28,570 at 6%; with 100% employer match about $32,141 at 4% or $21,427 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 34 | $6,568,717 | $87,423 | $2,571iApproximate average salary by contribution assumption: employee only about $64,282 at 4% or $42,854 at 6%; with 50% employer match about $42,854 at 4% or $28,570 at 6%; with 100% employer match about $32,141 at 4% or $21,427 at 6%. |
| 2021 | 1 | 34 | $8,176,143 | $220,780 | $6,494iApproximate average salary by contribution assumption: employee only about $162,338 at 4% or $108,225 at 6%; with 50% employer match about $108,225 at 4% or $72,150 at 6%; with 100% employer match about $81,169 at 4% or $54,113 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 34 | $8,176,143 | $220,780 | $6,494iApproximate average salary by contribution assumption: employee only about $162,338 at 4% or $108,225 at 6%; with 50% employer match about $108,225 at 4% or $72,150 at 6%; with 100% employer match about $81,169 at 4% or $54,113 at 6%. |
| 2020 | 1 | 32 | $6,915,395 | $224,696 | $7,022iApproximate average salary by contribution assumption: employee only about $175,544 at 4% or $117,029 at 6%; with 50% employer match about $117,029 at 4% or $78,019 at 6%; with 100% employer match about $87,772 at 4% or $58,515 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 32 | $6,915,395 | $224,696 | $7,022iApproximate average salary by contribution assumption: employee only about $175,544 at 4% or $117,029 at 6%; with 50% employer match about $117,029 at 4% or $78,019 at 6%; with 100% employer match about $87,772 at 4% or $58,515 at 6%. |
| 2019 | 1 | 31 | $5,632,758 | $171,466 | $5,531iApproximate average salary by contribution assumption: employee only about $138,279 at 4% or $92,186 at 6%; with 50% employer match about $92,186 at 4% or $61,457 at 6%; with 100% employer match about $69,140 at 4% or $46,093 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 31 | $5,632,758 | $171,466 | $5,531iApproximate average salary by contribution assumption: employee only about $138,279 at 4% or $92,186 at 6%; with 50% employer match about $92,186 at 4% or $61,457 at 6%; with 100% employer match about $69,140 at 4% or $46,093 at 6%. |
| 2018 | 1 | 32 | $4,765,100 | $169,113 | $5,285iApproximate average salary by contribution assumption: employee only about $132,120 at 4% or $88,080 at 6%; with 50% employer match about $88,080 at 4% or $58,720 at 6%; with 100% employer match about $66,060 at 4% or $44,040 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 32 | $4,765,100 | $169,113 | $5,285iApproximate average salary by contribution assumption: employee only about $132,120 at 4% or $88,080 at 6%; with 50% employer match about $88,080 at 4% or $58,720 at 6%; with 100% employer match about $66,060 at 4% or $44,040 at 6%. |
| 2017 | 1 | 34 | $5,188,231 | $159,374 | $4,687iApproximate average salary by contribution assumption: employee only about $117,187 at 4% or $78,125 at 6%; with 50% employer match about $78,125 at 4% or $52,083 at 6%; with 100% employer match about $58,593 at 4% or $39,062 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 34 | $5,188,231 | $159,374 | $4,687iApproximate average salary by contribution assumption: employee only about $117,187 at 4% or $78,125 at 6%; with 50% employer match about $78,125 at 4% or $52,083 at 6%; with 100% employer match about $58,593 at 4% or $39,062 at 6%. |
| 2016 | 1 | 38 | $4,635,549 | $182,765 | $4,810iApproximate average salary by contribution assumption: employee only about $120,240 at 4% or $80,160 at 6%; with 50% employer match about $80,160 at 4% or $53,440 at 6%; with 100% employer match about $60,120 at 4% or $40,080 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 38 | $4,635,549 | $182,765 | $4,810iApproximate average salary by contribution assumption: employee only about $120,240 at 4% or $80,160 at 6%; with 50% employer match about $80,160 at 4% or $53,440 at 6%; with 100% employer match about $60,120 at 4% or $40,080 at 6%. |
| 2015 | 1 | 39 | $4,197,697 | $177,516 | $4,552iApproximate average salary by contribution assumption: employee only about $113,792 at 4% or $75,862 at 6%; with 50% employer match about $75,862 at 4% or $50,574 at 6%; with 100% employer match about $56,896 at 4% or $37,931 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 39 | $4,197,697 | $177,516 | $4,552iApproximate average salary by contribution assumption: employee only about $113,792 at 4% or $75,862 at 6%; with 50% employer match about $75,862 at 4% or $50,574 at 6%; with 100% employer match about $56,896 at 4% or $37,931 at 6%. |
| 2014 | 1 | 36 | $4,086,599 | $152,564 | $4,238iApproximate average salary by contribution assumption: employee only about $105,947 at 4% or $70,631 at 6%; with 50% employer match about $70,631 at 4% or $47,088 at 6%; with 100% employer match about $52,974 at 4% or $35,316 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 36 | $4,086,599 | $152,564 | $4,238iApproximate average salary by contribution assumption: employee only about $105,947 at 4% or $70,631 at 6%; with 50% employer match about $70,631 at 4% or $47,088 at 6%; with 100% employer match about $52,974 at 4% or $35,316 at 6%. |
| 2013 | 1 | 36 | $3,973,929 | $200,550 | $5,571iApproximate average salary by contribution assumption: employee only about $139,271 at 4% or $92,847 at 6%; with 50% employer match about $92,847 at 4% or $61,898 at 6%; with 100% employer match about $69,635 at 4% or $46,424 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 36 | $3,973,929 | $200,550 | $5,571iApproximate average salary by contribution assumption: employee only about $139,271 at 4% or $92,847 at 6%; with 50% employer match about $92,847 at 4% or $61,898 at 6%; with 100% employer match about $69,635 at 4% or $46,424 at 6%. |
| 2012 | 1 | 37 | $3,225,303 | $175,684 | $4,748iApproximate average salary by contribution assumption: employee only about $118,705 at 4% or $79,137 at 6%; with 50% employer match about $79,137 at 4% or $52,758 at 6%; with 100% employer match about $59,353 at 4% or $39,568 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 37 | $3,225,303 | $175,684 | $4,748iApproximate average salary by contribution assumption: employee only about $118,705 at 4% or $79,137 at 6%; with 50% employer match about $79,137 at 4% or $52,758 at 6%; with 100% employer match about $59,353 at 4% or $39,568 at 6%. |
| 2011 | 1 | 38 | $2,672,895 | $205,537 | $5,409iApproximate average salary by contribution assumption: employee only about $135,222 at 4% or $90,148 at 6%; with 50% employer match about $90,148 at 4% or $60,099 at 6%; with 100% employer match about $67,611 at 4% or $45,074 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 38 | $2,672,895 | $205,537 | $5,409iApproximate average salary by contribution assumption: employee only about $135,222 at 4% or $90,148 at 6%; with 50% employer match about $90,148 at 4% or $60,099 at 6%; with 100% employer match about $67,611 at 4% or $45,074 at 6%. |
| 2010 | 1 | 38 | $2,582,612 | $192,869 | $5,076iApproximate average salary by contribution assumption: employee only about $126,888 at 4% or $84,592 at 6%; with 50% employer match about $84,592 at 4% or $56,394 at 6%; with 100% employer match about $63,444 at 4% or $42,296 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 38 | $2,582,612 | $192,869 | $5,076iApproximate average salary by contribution assumption: employee only about $126,888 at 4% or $84,592 at 6%; with 50% employer match about $84,592 at 4% or $56,394 at 6%; with 100% employer match about $63,444 at 4% or $42,296 at 6%. |
| 2009 | 1 | 37 | $2,084,721 | $185,861 | $5,023iApproximate average salary by contribution assumption: employee only about $125,582 at 4% or $83,721 at 6%; with 50% employer match about $83,721 at 4% or $55,814 at 6%; with 100% employer match about $62,791 at 4% or $41,861 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 37 | $2,084,721 | $185,861 | $5,023iApproximate average salary by contribution assumption: employee only about $125,582 at 4% or $83,721 at 6%; with 50% employer match about $83,721 at 4% or $55,814 at 6%; with 100% employer match about $62,791 at 4% or $41,861 at 6%. |
| 2008 | 1 | 35 | $1,417,019 | $100,000 | $2,857iApproximate average salary by contribution assumption: employee only about $71,429 at 4% or $47,619 at 6%; with 50% employer match about $47,619 at 4% or $31,746 at 6%; with 100% employer match about $35,714 at 4% or $23,810 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 35 | $1,417,019 | $100,000 | $2,857iApproximate average salary by contribution assumption: employee only about $71,429 at 4% or $47,619 at 6%; with 50% employer match about $47,619 at 4% or $31,746 at 6%; with 100% employer match about $35,714 at 4% or $23,810 at 6%. |
| 2007 | 1 | 29 | $2,130,282 | $100,000 | $3,448iApproximate average salary by contribution assumption: employee only about $86,207 at 4% or $57,471 at 6%; with 50% employer match about $57,471 at 4% or $38,314 at 6%; with 100% employer match about $43,103 at 4% or $28,736 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 29 | $2,130,282 | $100,000 | $3,448iApproximate average salary by contribution assumption: employee only about $86,207 at 4% or $57,471 at 6%; with 50% employer match about $57,471 at 4% or $38,314 at 6%; with 100% employer match about $43,103 at 4% or $28,736 at 6%. |
| 2006 | 1 | 28 | $1,930,350 | $100,000 | $3,571iApproximate average salary by contribution assumption: employee only about $89,286 at 4% or $59,524 at 6%; with 50% employer match about $59,524 at 4% or $39,683 at 6%; with 100% employer match about $44,643 at 4% or $29,762 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 28 | $1,930,350 | $100,000 | $3,571iApproximate average salary by contribution assumption: employee only about $89,286 at 4% or $59,524 at 6%; with 50% employer match about $59,524 at 4% or $39,683 at 6%; with 100% employer match about $44,643 at 4% or $29,762 at 6%. |
| 2005 | 1 | 32 | $1,693,758 | $100,000 | $3,125iApproximate average salary by contribution assumption: employee only about $78,125 at 4% or $52,083 at 6%; with 50% employer match about $52,083 at 4% or $34,722 at 6%; with 100% employer match about $39,063 at 4% or $26,042 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 32 | $1,693,758 | $100,000 | $3,125iApproximate average salary by contribution assumption: employee only about $78,125 at 4% or $52,083 at 6%; with 50% employer match about $52,083 at 4% or $34,722 at 6%; with 100% employer match about $39,063 at 4% or $26,042 at 6%. |
| 2004 | 1 | 33 | $1,563,363 | $100,000 | $3,030iApproximate average salary by contribution assumption: employee only about $75,758 at 4% or $50,505 at 6%; with 50% employer match about $50,505 at 4% or $33,670 at 6%; with 100% employer match about $37,879 at 4% or $25,253 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 33 | $1,563,363 | $100,000 | $3,030iApproximate average salary by contribution assumption: employee only about $75,758 at 4% or $50,505 at 6%; with 50% employer match about $50,505 at 4% or $33,670 at 6%; with 100% employer match about $37,879 at 4% or $25,253 at 6%. |
| 2003 | 1 | 29 | $1,325,607 | $110,000 | $3,793iApproximate average salary by contribution assumption: employee only about $94,828 at 4% or $63,218 at 6%; with 50% employer match about $63,218 at 4% or $42,146 at 6%; with 100% employer match about $47,414 at 4% or $31,609 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 29 | $1,325,607 | $110,000 | $3,793iApproximate average salary by contribution assumption: employee only about $94,828 at 4% or $63,218 at 6%; with 50% employer match about $63,218 at 4% or $42,146 at 6%; with 100% employer match about $47,414 at 4% or $31,609 at 6%. |
| 2002 | 1 | 30 | $975,630 | $100,000 | $3,333iApproximate average salary by contribution assumption: employee only about $83,333 at 4% or $55,556 at 6%; with 50% employer match about $55,556 at 4% or $37,037 at 6%; with 100% employer match about $41,667 at 4% or $27,778 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 30 | $975,630 | $100,000 | $3,333iApproximate average salary by contribution assumption: employee only about $83,333 at 4% or $55,556 at 6%; with 50% employer match about $55,556 at 4% or $37,037 at 6%; with 100% employer match about $41,667 at 4% or $27,778 at 6%. |
| 2001 | 1 | 28 | $0 | $0 | - |
| Omnitool Inc. Profit Sharing Plan | - | 28 | - | - | - |
| 2000 | 1 | 24 | $1,326,633 | $100,000 | $4,167iApproximate average salary by contribution assumption: employee only about $104,167 at 4% or $69,444 at 6%; with 50% employer match about $69,444 at 4% or $46,296 at 6%; with 100% employer match about $52,083 at 4% or $34,722 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 24 | $1,326,633 | $100,000 | $4,167iApproximate average salary by contribution assumption: employee only about $104,167 at 4% or $69,444 at 6%; with 50% employer match about $69,444 at 4% or $46,296 at 6%; with 100% employer match about $52,083 at 4% or $34,722 at 6%. |
| 1999 | 1 | 24 | $1,519,157 | $100,000 | $4,167iApproximate average salary by contribution assumption: employee only about $104,167 at 4% or $69,444 at 6%; with 50% employer match about $69,444 at 4% or $46,296 at 6%; with 100% employer match about $52,083 at 4% or $34,722 at 6%. |
| Omnitool Inc. Profit Sharing Plan | - | 24 | $1,519,157 | $100,000 | $4,167iApproximate average salary by contribution assumption: employee only about $104,167 at 4% or $69,444 at 6%; with 50% employer match about $69,444 at 4% or $46,296 at 6%; with 100% employer match about $52,083 at 4% or $34,722 at 6%. |