Civic Intelligence

Innovative Cutting Inc

Plan context: Innovative Cutting Inc. 401(K) Profit Sharing Plan

EIN 42-1528811 • Baxter, TN • 23 filings • 6 plans

2033 Gainesboro HighwayBaxter, TN 38544
Current Snapshot

Latest Year

2024

2024 Participants

6

2024 Assets

$601,128

2024 Contributions

$30,258

Historical Graphs

Total Assets Over Time

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

$725,046$362,523$0200420152024YearValue
$601,128Latest year 2024

Participants Over Time

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

28140200220142024YearValue
6Latest 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
202426$601,128$30,258$5,043iApproximate average salary by contribution assumption: employee only about $126,075 at 4% or $84,050 at 6%; with 50% employer match about $84,050 at 4% or $56,033 at 6%; with 100% employer match about $63,038 at 4% or $42,025 at 6%.
Innovative Cutting Inc. 401(K) Profit Sharing Plan-6$601,128$30,258$5,043iApproximate average salary by contribution assumption: employee only about $126,075 at 4% or $84,050 at 6%; with 50% employer match about $84,050 at 4% or $56,033 at 6%; with 100% employer match about $63,038 at 4% or $42,025 at 6%.
Innovative Cutting Inc. 401(K) Profit Sharing Plan-0$0--
202317$725,046$45,334$6,476iApproximate average salary by contribution assumption: employee only about $161,907 at 4% or $107,938 at 6%; with 50% employer match about $107,938 at 4% or $71,959 at 6%; with 100% employer match about $80,954 at 4% or $53,969 at 6%.
Innovative Cutting Inc. 401(K) Profit Sharing Plan-7$725,046$45,334$6,476iApproximate average salary by contribution assumption: employee only about $161,907 at 4% or $107,938 at 6%; with 50% employer match about $107,938 at 4% or $71,959 at 6%; with 100% employer match about $80,954 at 4% or $53,969 at 6%.
202219$672,387$26,372$2,930iApproximate average salary by contribution assumption: employee only about $73,256 at 4% or $48,837 at 6%; with 50% employer match about $48,837 at 4% or $32,558 at 6%; with 100% employer match about $36,628 at 4% or $24,419 at 6%.
Innovative Cutting Inc. 401(K) Profit Sharing Plan-9$672,387$26,372$2,930iApproximate average salary by contribution assumption: employee only about $73,256 at 4% or $48,837 at 6%; with 50% employer match about $48,837 at 4% or $32,558 at 6%; with 100% employer match about $36,628 at 4% or $24,419 at 6%.
202118$717,343$12,460$1,558iApproximate average salary by contribution assumption: employee only about $38,938 at 4% or $25,958 at 6%; with 50% employer match about $25,958 at 4% or $17,306 at 6%; with 100% employer match about $19,469 at 4% or $12,979 at 6%.
Innovative Cutting Inc. 401(K) Profit Sharing Plan-8$717,343$12,460$1,558iApproximate average salary by contribution assumption: employee only about $38,938 at 4% or $25,958 at 6%; with 50% employer match about $25,958 at 4% or $17,306 at 6%; with 100% employer match about $19,469 at 4% or $12,979 at 6%.
202017$657,176$15,218$2,174iApproximate average salary by contribution assumption: employee only about $54,350 at 4% or $36,233 at 6%; with 50% employer match about $36,233 at 4% or $24,156 at 6%; with 100% employer match about $27,175 at 4% or $18,117 at 6%.
Innovative Cutting Inc. 401(K) Profit Sharing Plan-7$657,176$15,218$2,174iApproximate average salary by contribution assumption: employee only about $54,350 at 4% or $36,233 at 6%; with 50% employer match about $36,233 at 4% or $24,156 at 6%; with 100% employer match about $27,175 at 4% or $18,117 at 6%.
201916$608,928$12,212$2,035iApproximate average salary by contribution assumption: employee only about $50,883 at 4% or $33,922 at 6%; with 50% employer match about $33,922 at 4% or $22,615 at 6%; with 100% employer match about $25,442 at 4% or $16,961 at 6%.
Innovative Cutting Inc. 401(K) Profit Sharing Plan-6$608,928$12,212$2,035iApproximate average salary by contribution assumption: employee only about $50,883 at 4% or $33,922 at 6%; with 50% employer match about $33,922 at 4% or $22,615 at 6%; with 100% employer match about $25,442 at 4% or $16,961 at 6%.
201818$697,495$53,186$6,648iApproximate average salary by contribution assumption: employee only about $166,206 at 4% or $110,804 at 6%; with 50% employer match about $110,804 at 4% or $73,869 at 6%; with 100% employer match about $83,103 at 4% or $55,402 at 6%.
Innovative Cutting Inc. 401(K) Profit Sharing Plan-8$697,495$53,186$6,648iApproximate average salary by contribution assumption: employee only about $166,206 at 4% or $110,804 at 6%; with 50% employer match about $110,804 at 4% or $73,869 at 6%; with 100% employer match about $83,103 at 4% or $55,402 at 6%.
201718$679,031$54,074$6,759iApproximate average salary by contribution assumption: employee only about $168,981 at 4% or $112,654 at 6%; with 50% employer match about $112,654 at 4% or $75,103 at 6%; with 100% employer match about $84,491 at 4% or $56,327 at 6%.
Innovative Cutting Inc. 401(K) Profit Sharing Plan-8$679,031$54,074$6,759iApproximate average salary by contribution assumption: employee only about $168,981 at 4% or $112,654 at 6%; with 50% employer match about $112,654 at 4% or $75,103 at 6%; with 100% employer match about $84,491 at 4% or $56,327 at 6%.
201619$577,007$69,484$7,720iApproximate average salary by contribution assumption: employee only about $193,011 at 4% or $128,674 at 6%; with 50% employer match about $128,674 at 4% or $85,783 at 6%; with 100% employer match about $96,506 at 4% or $64,337 at 6%.
Innovative Cutting Inc. 401(K) Profit Sharing Plan-9$577,007$69,484$7,720iApproximate average salary by contribution assumption: employee only about $193,011 at 4% or $128,674 at 6%; with 50% employer match about $128,674 at 4% or $85,783 at 6%; with 100% employer match about $96,506 at 4% or $64,337 at 6%.
201519$493,042$55,298$6,144iApproximate average salary by contribution assumption: employee only about $153,606 at 4% or $102,404 at 6%; with 50% employer match about $102,404 at 4% or $68,269 at 6%; with 100% employer match about $76,803 at 4% or $51,202 at 6%.
Innovative Cutting Inc. 401(K) Profit Sharing Plan-9$493,042$55,298$6,144iApproximate average salary by contribution assumption: employee only about $153,606 at 4% or $102,404 at 6%; with 50% employer match about $102,404 at 4% or $68,269 at 6%; with 100% employer match about $76,803 at 4% or $51,202 at 6%.
201419$482,313$60,008$6,668iApproximate average salary by contribution assumption: employee only about $166,689 at 4% or $111,126 at 6%; with 50% employer match about $111,126 at 4% or $74,084 at 6%; with 100% employer match about $83,344 at 4% or $55,563 at 6%.
Innovative Cutting Inc. 401(K) Profit Sharing Plan-9$482,313$60,008$6,668iApproximate average salary by contribution assumption: employee only about $166,689 at 4% or $111,126 at 6%; with 50% employer match about $111,126 at 4% or $74,084 at 6%; with 100% employer match about $83,344 at 4% or $55,563 at 6%.
2013110$528,611$50,105$5,011iApproximate average salary by contribution assumption: employee only about $125,263 at 4% or $83,508 at 6%; with 50% employer match about $83,508 at 4% or $55,672 at 6%; with 100% employer match about $62,631 at 4% or $41,754 at 6%.
Innovative Cutting Inc. 401(K) Profit Sharing Plan-10$528,611$50,105$5,011iApproximate average salary by contribution assumption: employee only about $125,263 at 4% or $83,508 at 6%; with 50% employer match about $83,508 at 4% or $55,672 at 6%; with 100% employer match about $62,631 at 4% or $41,754 at 6%.
2012116$382,313$47,066$2,942iApproximate average salary by contribution assumption: employee only about $73,541 at 4% or $49,027 at 6%; with 50% employer match about $49,027 at 4% or $32,685 at 6%; with 100% employer match about $36,770 at 4% or $24,514 at 6%.
Innovative Cutting Inc. 401(K) Profit Sharing Plan-16$382,313$47,066$2,942iApproximate average salary by contribution assumption: employee only about $73,541 at 4% or $49,027 at 6%; with 50% employer match about $49,027 at 4% or $32,685 at 6%; with 100% employer match about $36,770 at 4% or $24,514 at 6%.
2011116$298,421$36,182$2,261iApproximate average salary by contribution assumption: employee only about $56,534 at 4% or $37,690 at 6%; with 50% employer match about $37,690 at 4% or $25,126 at 6%; with 100% employer match about $28,267 at 4% or $18,845 at 6%.
Innovative Cutting Inc. 401(K) Profit Sharing Plan-16$298,421$36,182$2,261iApproximate average salary by contribution assumption: employee only about $56,534 at 4% or $37,690 at 6%; with 50% employer match about $37,690 at 4% or $25,126 at 6%; with 100% employer match about $28,267 at 4% or $18,845 at 6%.
2010119$329,296$46,474$2,446iApproximate average salary by contribution assumption: employee only about $61,150 at 4% or $40,767 at 6%; with 50% employer match about $40,767 at 4% or $27,178 at 6%; with 100% employer match about $30,575 at 4% or $20,383 at 6%.
Innovative Cutting Inc. 401(K) Profit Sharing Plan-19$329,296$46,474$2,446iApproximate average salary by contribution assumption: employee only about $61,150 at 4% or $40,767 at 6%; with 50% employer match about $40,767 at 4% or $27,178 at 6%; with 100% employer match about $30,575 at 4% or $20,383 at 6%.
2009123$287,488$39,748$1,728iApproximate average salary by contribution assumption: employee only about $43,204 at 4% or $28,803 at 6%; with 50% employer match about $28,803 at 4% or $19,202 at 6%; with 100% employer match about $21,602 at 4% or $14,401 at 6%.
Innovative Cutting Inc. 401(K) Profit Sharing Plan-23$287,488$39,748$1,728iApproximate average salary by contribution assumption: employee only about $43,204 at 4% or $28,803 at 6%; with 50% employer match about $28,803 at 4% or $19,202 at 6%; with 100% employer match about $21,602 at 4% or $14,401 at 6%.
2008123$188,771$46,885$2,038iApproximate average salary by contribution assumption: employee only about $50,962 at 4% or $33,975 at 6%; with 50% employer match about $33,975 at 4% or $22,650 at 6%; with 100% employer match about $25,481 at 4% or $16,987 at 6%.
Innovative Cutting Inc. 401(K) Profit Sharing Plan-23$188,771$46,885$2,038iApproximate average salary by contribution assumption: employee only about $50,962 at 4% or $33,975 at 6%; with 50% employer match about $33,975 at 4% or $22,650 at 6%; with 100% employer match about $25,481 at 4% or $16,987 at 6%.
2007121$0$0-
Innovative Cutting Inc. 401(K) Profit Sharing Plan-21---
2006121$294,274$93,457$4,450iApproximate average salary by contribution assumption: employee only about $111,258 at 4% or $74,172 at 6%; with 50% employer match about $74,172 at 4% or $49,448 at 6%; with 100% employer match about $55,629 at 4% or $37,086 at 6%.
Innovative Cutting Inc. 401(K) Profit Sharing Plan-21$294,274$93,457$4,450iApproximate average salary by contribution assumption: employee only about $111,258 at 4% or $74,172 at 6%; with 50% employer match about $74,172 at 4% or $49,448 at 6%; with 100% employer match about $55,629 at 4% or $37,086 at 6%.
200510$201,688$88,279-
Innovative Cutting Inc. 401(K) Profit Sharing Plan-0$201,688$88,279-
2004128$117,460$42,582$1,521iApproximate average salary by contribution assumption: employee only about $38,020 at 4% or $25,346 at 6%; with 50% employer match about $25,346 at 4% or $16,898 at 6%; with 100% employer match about $19,010 at 4% or $12,673 at 6%.
Innovative Cutting Inc. 401(K) Profit Sharing Plan-28$117,460$42,582$1,521iApproximate average salary by contribution assumption: employee only about $38,020 at 4% or $25,346 at 6%; with 50% employer match about $25,346 at 4% or $16,898 at 6%; with 100% employer match about $19,010 at 4% or $12,673 at 6%.
2002117$0$0-
Innovative Cutting Inc. 401(K) Profit Sharing Plan-17---