Civic Intelligence

Scherrman Implement & Appliance Inc

Plan context: SCHERRMAN IMPLEMENT, INC. 401(K) PROFIT SHARING PLAN

EIN 42-0632136 • Dyersville, IA • 26 filings • 6 plans

13965 Route 52Dyersville, IA 52040
Current Snapshot

Latest Year

2024

2024 Participants

38

2024 Assets

$6,769,215

2024 Contributions

$406,305

Historical Graphs

Total Assets Over Time

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

$6,769,215$3,384,608$0199920152024YearValue
$6,769,215Latest year 2024

Participants Over Time

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

45230199920122024YearValue
38Latest 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
2024138$6,769,215$406,305$10,692iApproximate average salary by contribution assumption: employee only about $267,306 at 4% or $178,204 at 6%; with 50% employer match about $178,204 at 4% or $118,803 at 6%; with 100% employer match about $133,653 at 4% or $89,102 at 6%.
SCHERRMAN IMPLEMENT, INC. 401(K) PROFIT SHARING PLAN-38$6,769,215$406,305$10,692iApproximate average salary by contribution assumption: employee only about $267,306 at 4% or $178,204 at 6%; with 50% employer match about $178,204 at 4% or $118,803 at 6%; with 100% employer match about $133,653 at 4% or $89,102 at 6%.
2023137$5,952,674$338,864$9,158iApproximate average salary by contribution assumption: employee only about $228,962 at 4% or $152,641 at 6%; with 50% employer match about $152,641 at 4% or $101,761 at 6%; with 100% employer match about $114,481 at 4% or $76,321 at 6%.
SCHERRMAN IMPLEMENT, INC. 401(K) PROFIT SHARING PLAN-37$5,952,674$338,864$9,158iApproximate average salary by contribution assumption: employee only about $228,962 at 4% or $152,641 at 6%; with 50% employer match about $152,641 at 4% or $101,761 at 6%; with 100% employer match about $114,481 at 4% or $76,321 at 6%.
2022138$4,727,813$223,995$5,895iApproximate average salary by contribution assumption: employee only about $147,365 at 4% or $98,243 at 6%; with 50% employer match about $98,243 at 4% or $65,496 at 6%; with 100% employer match about $73,683 at 4% or $49,122 at 6%.
SCHERRMAN IMPLEMENT, INC. 401(K) PROFIT SHARING PLAN-38$4,727,813$223,995$5,895iApproximate average salary by contribution assumption: employee only about $147,365 at 4% or $98,243 at 6%; with 50% employer match about $98,243 at 4% or $65,496 at 6%; with 100% employer match about $73,683 at 4% or $49,122 at 6%.
2021142$4,679,937$232,052$5,525iApproximate average salary by contribution assumption: employee only about $138,126 at 4% or $92,084 at 6%; with 50% employer match about $92,084 at 4% or $61,389 at 6%; with 100% employer match about $69,063 at 4% or $46,042 at 6%.
SCHERRMAN IMPLEMENT, INC. 401(K) PROFIT SHARING PLAN-42$4,679,937$232,052$5,525iApproximate average salary by contribution assumption: employee only about $138,126 at 4% or $92,084 at 6%; with 50% employer match about $92,084 at 4% or $61,389 at 6%; with 100% employer match about $69,063 at 4% or $46,042 at 6%.
2020139$5,413,682$207,117$5,311iApproximate average salary by contribution assumption: employee only about $132,767 at 4% or $88,512 at 6%; with 50% employer match about $88,512 at 4% or $59,008 at 6%; with 100% employer match about $66,384 at 4% or $44,256 at 6%.
SCHERRMAN IMPLEMENT, INC. 401(K) PROFIT SHARING PLAN-39$5,413,682$207,117$5,311iApproximate average salary by contribution assumption: employee only about $132,767 at 4% or $88,512 at 6%; with 50% employer match about $88,512 at 4% or $59,008 at 6%; with 100% employer match about $66,384 at 4% or $44,256 at 6%.
2019140$4,447,581$282,816$7,070iApproximate average salary by contribution assumption: employee only about $176,760 at 4% or $117,840 at 6%; with 50% employer match about $117,840 at 4% or $78,560 at 6%; with 100% employer match about $88,380 at 4% or $58,920 at 6%.
SCHERRMAN IMPLEMENT, INC. 401(K) PROFIT SHARING PLAN-40$4,447,581$282,816$7,070iApproximate average salary by contribution assumption: employee only about $176,760 at 4% or $117,840 at 6%; with 50% employer match about $117,840 at 4% or $78,560 at 6%; with 100% employer match about $88,380 at 4% or $58,920 at 6%.
2018140$4,689,407$278,733$6,968iApproximate average salary by contribution assumption: employee only about $174,208 at 4% or $116,139 at 6%; with 50% employer match about $116,139 at 4% or $77,426 at 6%; with 100% employer match about $87,104 at 4% or $58,069 at 6%.
SCHERRMAN IMPLEMENT, INC. 401(K) PROFIT SHARING PLAN-40$4,689,407$278,733$6,968iApproximate average salary by contribution assumption: employee only about $174,208 at 4% or $116,139 at 6%; with 50% employer match about $116,139 at 4% or $77,426 at 6%; with 100% employer match about $87,104 at 4% or $58,069 at 6%.
2017141$4,135,835$277,093$6,758iApproximate average salary by contribution assumption: employee only about $168,959 at 4% or $112,639 at 6%; with 50% employer match about $112,639 at 4% or $75,093 at 6%; with 100% employer match about $84,480 at 4% or $56,320 at 6%.
SCHERRMAN IMPLEMENT, INC. 401(K) PROFIT SHARING PLAN-41$4,135,835$277,093$6,758iApproximate average salary by contribution assumption: employee only about $168,959 at 4% or $112,639 at 6%; with 50% employer match about $112,639 at 4% or $75,093 at 6%; with 100% employer match about $84,480 at 4% or $56,320 at 6%.
2016139$4,413,472$236,008$6,051iApproximate average salary by contribution assumption: employee only about $151,287 at 4% or $100,858 at 6%; with 50% employer match about $100,858 at 4% or $67,239 at 6%; with 100% employer match about $75,644 at 4% or $50,429 at 6%.
SCHERRMAN IMPLEMENT, INC. 401(K) PROFIT SHARING PLAN-39$4,413,472$236,008$6,051iApproximate average salary by contribution assumption: employee only about $151,287 at 4% or $100,858 at 6%; with 50% employer match about $100,858 at 4% or $67,239 at 6%; with 100% employer match about $75,644 at 4% or $50,429 at 6%.
2015137$3,797,842$161,201$4,357iApproximate average salary by contribution assumption: employee only about $108,920 at 4% or $72,613 at 6%; with 50% employer match about $72,613 at 4% or $48,409 at 6%; with 100% employer match about $54,460 at 4% or $36,307 at 6%.
SCHERRMAN IMPLEMENT, INC. 401(K) PROFIT SHARING PLAN-37$3,797,842$161,201$4,357iApproximate average salary by contribution assumption: employee only about $108,920 at 4% or $72,613 at 6%; with 50% employer match about $72,613 at 4% or $48,409 at 6%; with 100% employer match about $54,460 at 4% or $36,307 at 6%.
2014141$4,197,688$413,852$10,094iApproximate average salary by contribution assumption: employee only about $252,349 at 4% or $168,233 at 6%; with 50% employer match about $168,233 at 4% or $112,155 at 6%; with 100% employer match about $126,174 at 4% or $84,116 at 6%.
SCHERRMAN IMPLEMENT, INC. 401(K) PROFIT SHARING PLAN-41$4,197,688$413,852$10,094iApproximate average salary by contribution assumption: employee only about $252,349 at 4% or $168,233 at 6%; with 50% employer match about $168,233 at 4% or $112,155 at 6%; with 100% employer match about $126,174 at 4% or $84,116 at 6%.
2013145$4,352,517$602,360$13,386iApproximate average salary by contribution assumption: employee only about $334,644 at 4% or $223,096 at 6%; with 50% employer match about $223,096 at 4% or $148,731 at 6%; with 100% employer match about $167,322 at 4% or $111,548 at 6%.
SCHERRMAN IMPLEMENT & APPLIANCE, INC. 401(K) PROFIT SHARING PLAN-45$4,352,517$602,360$13,386iApproximate average salary by contribution assumption: employee only about $334,644 at 4% or $223,096 at 6%; with 50% employer match about $223,096 at 4% or $148,731 at 6%; with 100% employer match about $167,322 at 4% or $111,548 at 6%.
2012137$3,758,391$326,172$8,815iApproximate average salary by contribution assumption: employee only about $220,386 at 4% or $146,924 at 6%; with 50% employer match about $146,924 at 4% or $97,950 at 6%; with 100% employer match about $110,193 at 4% or $73,462 at 6%.
SCHERRMAN IMPLEMENT & APPLIANCE, INC. 401(K) PROFIT SHARING PLAN-37$3,758,391$326,172$8,815iApproximate average salary by contribution assumption: employee only about $220,386 at 4% or $146,924 at 6%; with 50% employer match about $146,924 at 4% or $97,950 at 6%; with 100% employer match about $110,193 at 4% or $73,462 at 6%.
2011138$3,125,302$269,217$7,085iApproximate average salary by contribution assumption: employee only about $177,116 at 4% or $118,078 at 6%; with 50% employer match about $118,078 at 4% or $78,718 at 6%; with 100% employer match about $88,558 at 4% or $59,039 at 6%.
SCHERRMAN IMPLEMENT & APPLIANCE, INC. 401(K) PROFIT SHARING PLAN-38$3,125,302$269,217$7,085iApproximate average salary by contribution assumption: employee only about $177,116 at 4% or $118,078 at 6%; with 50% employer match about $118,078 at 4% or $78,718 at 6%; with 100% employer match about $88,558 at 4% or $59,039 at 6%.
2010139$2,672,348$266,841$6,842iApproximate average salary by contribution assumption: employee only about $171,052 at 4% or $114,035 at 6%; with 50% employer match about $114,035 at 4% or $76,023 at 6%; with 100% employer match about $85,526 at 4% or $57,017 at 6%.
SCHERRMAN IMPLEMENT & APPLIANCE, INC. 401(K) PROFIT SHARING PLAN-39$2,672,348$266,841$6,842iApproximate average salary by contribution assumption: employee only about $171,052 at 4% or $114,035 at 6%; with 50% employer match about $114,035 at 4% or $76,023 at 6%; with 100% employer match about $85,526 at 4% or $57,017 at 6%.
2009139$2,349,838$267,382$6,856iApproximate average salary by contribution assumption: employee only about $171,399 at 4% or $114,266 at 6%; with 50% employer match about $114,266 at 4% or $76,177 at 6%; with 100% employer match about $85,699 at 4% or $57,133 at 6%.
SCHERRMAN IMPLEMENT & APPLIANCE, INC. 401(K) PROFIT SHARING PLAN-39$2,349,838$267,382$6,856iApproximate average salary by contribution assumption: employee only about $171,399 at 4% or $114,266 at 6%; with 50% employer match about $114,266 at 4% or $76,177 at 6%; with 100% employer match about $85,699 at 4% or $57,133 at 6%.
2008134$0$0-
SCHERRMAN IMPLEMENT & APPLIANCE, INC. 401K PROFIT SHARING PLAN-34---
2007135$0$0-
SCHERRMAN IMPLEMENT & APPLIANCE, INC. 401K PROFIT SHARING PLAN-35---
2006135$2,011,648$188,706$5,392iApproximate average salary by contribution assumption: employee only about $134,790 at 4% or $89,860 at 6%; with 50% employer match about $89,860 at 4% or $59,907 at 6%; with 100% employer match about $67,395 at 4% or $44,930 at 6%.
SCHERRMAN IMPLEMENT & APPLIANCE, INC. 401K PROFIT SHARING PLAN-35$2,011,648$188,706$5,392iApproximate average salary by contribution assumption: employee only about $134,790 at 4% or $89,860 at 6%; with 50% employer match about $89,860 at 4% or $59,907 at 6%; with 100% employer match about $67,395 at 4% or $44,930 at 6%.
2005136$1,685,051$140,255$3,896iApproximate average salary by contribution assumption: employee only about $97,399 at 4% or $64,933 at 6%; with 50% employer match about $64,933 at 4% or $43,289 at 6%; with 100% employer match about $48,700 at 4% or $32,466 at 6%.
SCHERRMAN IMPLEMENT & APPLIANCE, INC. 401K PROFIT SHARING PLAN-36$1,685,051$140,255$3,896iApproximate average salary by contribution assumption: employee only about $97,399 at 4% or $64,933 at 6%; with 50% employer match about $64,933 at 4% or $43,289 at 6%; with 100% employer match about $48,700 at 4% or $32,466 at 6%.
2004131$1,437,492$173,449$5,595iApproximate average salary by contribution assumption: employee only about $139,878 at 4% or $93,252 at 6%; with 50% employer match about $93,252 at 4% or $62,168 at 6%; with 100% employer match about $69,939 at 4% or $46,626 at 6%.
SCHERRMAN IMPLEMENT & APPLIANCE, INC. 401K PROFIT SHARING PLAN-31$1,437,492$173,449$5,595iApproximate average salary by contribution assumption: employee only about $139,878 at 4% or $93,252 at 6%; with 50% employer match about $93,252 at 4% or $62,168 at 6%; with 100% employer match about $69,939 at 4% or $46,626 at 6%.
2003136$0$0-
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2002133$0$0-
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2001132$0$0-
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2000135$0$0-
Scherrman Implement & Appliance Inc Profit Sharing Trust-35---
1999132$896,169$75,000$2,344iApproximate average salary by contribution assumption: employee only about $58,594 at 4% or $39,063 at 6%; with 50% employer match about $39,063 at 4% or $26,042 at 6%; with 100% employer match about $29,297 at 4% or $19,531 at 6%.
Scherrman Implement & Appliance Inc Profit Sharing Trust-32$896,169$75,000$2,344iApproximate average salary by contribution assumption: employee only about $58,594 at 4% or $39,063 at 6%; with 50% employer match about $39,063 at 4% or $26,042 at 6%; with 100% employer match about $29,297 at 4% or $19,531 at 6%.