Civic Intelligence

Bens Tool & Iron Works Inc.

Plan context: Bens Tool & Iron Works Inc. Profit Sharing Plan

EIN 41-1570445 • Waite Park, MN • 26 filings • 6 plans

475 Progress RdWaite Park, MN 56387-4512
Current Snapshot

Latest Year

2024

2024 Participants

44

2024 Assets

$3,626,174

2024 Contributions

$544,400

Historical Graphs

Total Assets Over Time

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

$3,626,174$1,813,087$0199920142024YearValue
$3,626,174Latest year 2024

Participants Over Time

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

44220199920122024YearValue
44Latest 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
2024144$3,626,174$544,400$12,373iApproximate average salary by contribution assumption: employee only about $309,318 at 4% or $206,212 at 6%; with 50% employer match about $206,212 at 4% or $137,475 at 6%; with 100% employer match about $154,659 at 4% or $103,106 at 6%.
Bens Tool & Iron Works Inc. Profit Sharing Plan-44$3,626,174$544,400$12,373iApproximate average salary by contribution assumption: employee only about $309,318 at 4% or $206,212 at 6%; with 50% employer match about $206,212 at 4% or $137,475 at 6%; with 100% employer match about $154,659 at 4% or $103,106 at 6%.
2023143$2,760,441$272,771$6,344iApproximate average salary by contribution assumption: employee only about $158,588 at 4% or $105,725 at 6%; with 50% employer match about $105,725 at 4% or $70,483 at 6%; with 100% employer match about $79,294 at 4% or $52,863 at 6%.
Bens Tool & Iron Works Inc. Profit Sharing Plan-43$2,760,441$272,771$6,344iApproximate average salary by contribution assumption: employee only about $158,588 at 4% or $105,725 at 6%; with 50% employer match about $105,725 at 4% or $70,483 at 6%; with 100% employer match about $79,294 at 4% or $52,863 at 6%.
2022143$2,653,428$322,349$7,496iApproximate average salary by contribution assumption: employee only about $187,412 at 4% or $124,941 at 6%; with 50% employer match about $124,941 at 4% or $83,294 at 6%; with 100% employer match about $93,706 at 4% or $62,471 at 6%.
Bens Tool & Iron Works Inc. Profit Sharing Plan-43$2,653,428$322,349$7,496iApproximate average salary by contribution assumption: employee only about $187,412 at 4% or $124,941 at 6%; with 50% employer match about $124,941 at 4% or $83,294 at 6%; with 100% employer match about $93,706 at 4% or $62,471 at 6%.
2021142$2,951,279$319,304$7,602iApproximate average salary by contribution assumption: employee only about $190,062 at 4% or $126,708 at 6%; with 50% employer match about $126,708 at 4% or $84,472 at 6%; with 100% employer match about $95,031 at 4% or $63,354 at 6%.
Bens Tool & Iron Works Inc. Profit Sharing Plan-42$2,951,279$319,304$7,602iApproximate average salary by contribution assumption: employee only about $190,062 at 4% or $126,708 at 6%; with 50% employer match about $126,708 at 4% or $84,472 at 6%; with 100% employer match about $95,031 at 4% or $63,354 at 6%.
2020144$2,432,333$178,976$4,068iApproximate average salary by contribution assumption: employee only about $101,691 at 4% or $67,794 at 6%; with 50% employer match about $67,794 at 4% or $45,196 at 6%; with 100% employer match about $50,845 at 4% or $33,897 at 6%.
Bens Tool & Iron Works Inc. Profit Sharing Plan-44$2,432,333$178,976$4,068iApproximate average salary by contribution assumption: employee only about $101,691 at 4% or $67,794 at 6%; with 50% employer match about $67,794 at 4% or $45,196 at 6%; with 100% employer match about $50,845 at 4% or $33,897 at 6%.
2019138$2,012,064$183,496$4,829iApproximate average salary by contribution assumption: employee only about $120,721 at 4% or $80,481 at 6%; with 50% employer match about $80,481 at 4% or $53,654 at 6%; with 100% employer match about $60,361 at 4% or $40,240 at 6%.
Bens Tool & Iron Works Inc. Profit Sharing Plan-38$2,012,064$183,496$4,829iApproximate average salary by contribution assumption: employee only about $120,721 at 4% or $80,481 at 6%; with 50% employer match about $80,481 at 4% or $53,654 at 6%; with 100% employer match about $60,361 at 4% or $40,240 at 6%.
2018136$1,680,190$176,098$4,892iApproximate average salary by contribution assumption: employee only about $122,290 at 4% or $81,527 at 6%; with 50% employer match about $81,527 at 4% or $54,351 at 6%; with 100% employer match about $61,145 at 4% or $40,763 at 6%.
Bens Tool & Iron Works Inc. Profit Sharing Plan-36$1,680,190$176,098$4,892iApproximate average salary by contribution assumption: employee only about $122,290 at 4% or $81,527 at 6%; with 50% employer match about $81,527 at 4% or $54,351 at 6%; with 100% employer match about $61,145 at 4% or $40,763 at 6%.
2017139$1,828,599$144,252$3,699iApproximate average salary by contribution assumption: employee only about $92,469 at 4% or $61,646 at 6%; with 50% employer match about $61,646 at 4% or $41,097 at 6%; with 100% employer match about $46,235 at 4% or $30,823 at 6%.
Bens Tool & Iron Works Inc. Profit Sharing Plan-39$1,828,599$144,252$3,699iApproximate average salary by contribution assumption: employee only about $92,469 at 4% or $61,646 at 6%; with 50% employer match about $61,646 at 4% or $41,097 at 6%; with 100% employer match about $46,235 at 4% or $30,823 at 6%.
2016135$1,457,419$165,599$4,731iApproximate average salary by contribution assumption: employee only about $118,285 at 4% or $78,857 at 6%; with 50% employer match about $78,857 at 4% or $52,571 at 6%; with 100% employer match about $59,142 at 4% or $39,428 at 6%.
Bens Tool & Iron Works Inc. Profit Sharing Plan-35$1,457,419$165,599$4,731iApproximate average salary by contribution assumption: employee only about $118,285 at 4% or $78,857 at 6%; with 50% employer match about $78,857 at 4% or $52,571 at 6%; with 100% employer match about $59,142 at 4% or $39,428 at 6%.
2015130$1,217,301$163,330$5,444iApproximate average salary by contribution assumption: employee only about $136,108 at 4% or $90,739 at 6%; with 50% employer match about $90,739 at 4% or $60,493 at 6%; with 100% employer match about $68,054 at 4% or $45,369 at 6%.
Bens Tool & Iron Works Inc. Profit Sharing Plan-30$1,217,301$163,330$5,444iApproximate average salary by contribution assumption: employee only about $136,108 at 4% or $90,739 at 6%; with 50% employer match about $90,739 at 4% or $60,493 at 6%; with 100% employer match about $68,054 at 4% or $45,369 at 6%.
2014125$1,105,481$104,706$4,188iApproximate average salary by contribution assumption: employee only about $104,706 at 4% or $69,804 at 6%; with 50% employer match about $69,804 at 4% or $46,536 at 6%; with 100% employer match about $52,353 at 4% or $34,902 at 6%.
Bens Tool & Iron Works Inc. Profit Sharing Plan-25$1,105,481$104,706$4,188iApproximate average salary by contribution assumption: employee only about $104,706 at 4% or $69,804 at 6%; with 50% employer match about $69,804 at 4% or $46,536 at 6%; with 100% employer match about $52,353 at 4% or $34,902 at 6%.
2013121$994,571$106,411$5,067iApproximate average salary by contribution assumption: employee only about $126,680 at 4% or $84,453 at 6%; with 50% employer match about $84,453 at 4% or $56,302 at 6%; with 100% employer match about $63,340 at 4% or $42,227 at 6%.
Bens Tool & Iron Works Inc. Profit Sharing Plan-21$994,571$106,411$5,067iApproximate average salary by contribution assumption: employee only about $126,680 at 4% or $84,453 at 6%; with 50% employer match about $84,453 at 4% or $56,302 at 6%; with 100% employer match about $63,340 at 4% or $42,227 at 6%.
2012119$1,073,604$128,693$6,773iApproximate average salary by contribution assumption: employee only about $169,333 at 4% or $112,889 at 6%; with 50% employer match about $112,889 at 4% or $75,259 at 6%; with 100% employer match about $84,666 at 4% or $56,444 at 6%.
Bens Tool & Iron Works Inc. Profit Sharing Plan-19$1,073,604$128,693$6,773iApproximate average salary by contribution assumption: employee only about $169,333 at 4% or $112,889 at 6%; with 50% employer match about $112,889 at 4% or $75,259 at 6%; with 100% employer match about $84,666 at 4% or $56,444 at 6%.
2011120$848,109$65,317$3,266iApproximate average salary by contribution assumption: employee only about $81,646 at 4% or $54,431 at 6%; with 50% employer match about $54,431 at 4% or $36,287 at 6%; with 100% employer match about $40,823 at 4% or $27,215 at 6%.
Bens Tool & Iron Works Inc. Profit Sharing Plan-20$848,109$65,317$3,266iApproximate average salary by contribution assumption: employee only about $81,646 at 4% or $54,431 at 6%; with 50% employer match about $54,431 at 4% or $36,287 at 6%; with 100% employer match about $40,823 at 4% or $27,215 at 6%.
2010123$852,365$112,585$4,895iApproximate average salary by contribution assumption: employee only about $122,375 at 4% or $81,583 at 6%; with 50% employer match about $81,583 at 4% or $54,389 at 6%; with 100% employer match about $61,188 at 4% or $40,792 at 6%.
Bens Tool & Iron Works Inc. Profit Sharing Plan-23$852,365$112,585$4,895iApproximate average salary by contribution assumption: employee only about $122,375 at 4% or $81,583 at 6%; with 50% employer match about $81,583 at 4% or $54,389 at 6%; with 100% employer match about $61,188 at 4% or $40,792 at 6%.
2009121$739,167$143,466$6,832iApproximate average salary by contribution assumption: employee only about $170,793 at 4% or $113,862 at 6%; with 50% employer match about $113,862 at 4% or $75,908 at 6%; with 100% employer match about $85,396 at 4% or $56,931 at 6%.
Bens Tool & Iron Works Inc. Profit Sharing Plan-21$739,167$143,466$6,832iApproximate average salary by contribution assumption: employee only about $170,793 at 4% or $113,862 at 6%; with 50% employer match about $113,862 at 4% or $75,908 at 6%; with 100% employer match about $85,396 at 4% or $56,931 at 6%.
2008125$0$0-
Bens Tool & Iron Works Inc. Profit Sharing Plan-25---
2007125$0$0-
Bens Tool & Iron Works Inc. Profit Sharing Plan-25---
2006118$358,655$44,608$2,478iApproximate average salary by contribution assumption: employee only about $61,956 at 4% or $41,304 at 6%; with 50% employer match about $41,304 at 4% or $27,536 at 6%; with 100% employer match about $30,978 at 4% or $20,652 at 6%.
Bens Tool & Iron Works Inc. Profit Sharing Plan-18$358,655$44,608$2,478iApproximate average salary by contribution assumption: employee only about $61,956 at 4% or $41,304 at 6%; with 50% employer match about $41,304 at 4% or $27,536 at 6%; with 100% employer match about $30,978 at 4% or $20,652 at 6%.
2005115$296,558$27,716$1,848iApproximate average salary by contribution assumption: employee only about $46,193 at 4% or $30,796 at 6%; with 50% employer match about $30,796 at 4% or $20,530 at 6%; with 100% employer match about $23,097 at 4% or $15,398 at 6%.
Bens Tool & Iron Works Inc. Profit Sharing Plan-15$296,558$27,716$1,848iApproximate average salary by contribution assumption: employee only about $46,193 at 4% or $30,796 at 6%; with 50% employer match about $30,796 at 4% or $20,530 at 6%; with 100% employer match about $23,097 at 4% or $15,398 at 6%.
2004113$225,720$11,941$919iApproximate average salary by contribution assumption: employee only about $22,963 at 4% or $15,309 at 6%; with 50% employer match about $15,309 at 4% or $10,206 at 6%; with 100% employer match about $11,482 at 4% or $7,654 at 6%.
Bens Tool & Iron Works Inc. Profit Sharing Plan-13$225,720$11,941$919iApproximate average salary by contribution assumption: employee only about $22,963 at 4% or $15,309 at 6%; with 50% employer match about $15,309 at 4% or $10,206 at 6%; with 100% employer match about $11,482 at 4% or $7,654 at 6%.
2003110$0$0-
Bens Tool & Iron Works Inc. Profit Sharing Plan-10---
2002110$221,139$13,105$1,311iApproximate average salary by contribution assumption: employee only about $32,763 at 4% or $21,842 at 6%; with 50% employer match about $21,842 at 4% or $14,561 at 6%; with 100% employer match about $16,381 at 4% or $10,921 at 6%.
Bens Tool & Iron Works Inc. Profit Sharing Plan-10$221,139$13,105$1,311iApproximate average salary by contribution assumption: employee only about $32,763 at 4% or $21,842 at 6%; with 50% employer match about $21,842 at 4% or $14,561 at 6%; with 100% employer match about $16,381 at 4% or $10,921 at 6%.
200110$0$0-
Bens Tool & Iron Works Inc. Profit Sharing Plan-0---
2000110$222,545$20,000$2,000iApproximate average salary by contribution assumption: employee only about $50,000 at 4% or $33,333 at 6%; with 50% employer match about $33,333 at 4% or $22,222 at 6%; with 100% employer match about $25,000 at 4% or $16,667 at 6%.
Bens Tool & Iron Works Inc. Profit Sharing Plan-10$222,545$20,000$2,000iApproximate average salary by contribution assumption: employee only about $50,000 at 4% or $33,333 at 6%; with 50% employer match about $33,333 at 4% or $22,222 at 6%; with 100% employer match about $25,000 at 4% or $16,667 at 6%.
1999110$212,979$40,000$4,000iApproximate average salary by contribution assumption: employee only about $100,000 at 4% or $66,667 at 6%; with 50% employer match about $66,667 at 4% or $44,444 at 6%; with 100% employer match about $50,000 at 4% or $33,333 at 6%.
Bens Tool & Iron Works Inc. Profit Sharing Plan-10$212,979$40,000$4,000iApproximate average salary by contribution assumption: employee only about $100,000 at 4% or $66,667 at 6%; with 50% employer match about $66,667 at 4% or $44,444 at 6%; with 100% employer match about $50,000 at 4% or $33,333 at 6%.