Civic Intelligence

Scherer Corrugating & Machine Inc.

Plan context: Scherer Corrugating & Machine Inc. 401(K) Profit Sharing Plan

EIN 46-0434058 • Sioux Falls, SD • 11 filings • 2 plans

4940 W Foundation CTSioux Falls, SD 57107
Current Snapshot

Latest Year

2024

2024 Participants

82

2024 Assets

$5,189,541

2024 Contributions

$591,475

Historical Graphs

Total Assets Over Time

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

$5,189,541$2,594,771$0201420192024YearValue
$5,189,541Latest year 2024

Participants Over Time

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

84420201420192024YearValue
82Latest 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
2024182$5,189,541$591,475$7,213iApproximate average salary by contribution assumption: employee only about $180,328 at 4% or $120,218 at 6%; with 50% employer match about $120,218 at 4% or $80,146 at 6%; with 100% employer match about $90,164 at 4% or $60,109 at 6%.
Scherer Corrugating & Machine Inc. 401(K) Profit Sharing Plan-82$5,189,541$591,475$7,213iApproximate average salary by contribution assumption: employee only about $180,328 at 4% or $120,218 at 6%; with 50% employer match about $120,218 at 4% or $80,146 at 6%; with 100% employer match about $90,164 at 4% or $60,109 at 6%.
2023184$4,212,603$566,421$6,743iApproximate average salary by contribution assumption: employee only about $168,578 at 4% or $112,385 at 6%; with 50% employer match about $112,385 at 4% or $74,923 at 6%; with 100% employer match about $84,289 at 4% or $56,193 at 6%.
Scherer Corrugating & Machine Inc. 401(K) Profit Sharing Plan-84$4,212,603$566,421$6,743iApproximate average salary by contribution assumption: employee only about $168,578 at 4% or $112,385 at 6%; with 50% employer match about $112,385 at 4% or $74,923 at 6%; with 100% employer match about $84,289 at 4% or $56,193 at 6%.
2022171$3,154,188$500,417$7,048iApproximate average salary by contribution assumption: employee only about $176,203 at 4% or $117,469 at 6%; with 50% employer match about $117,469 at 4% or $78,313 at 6%; with 100% employer match about $88,102 at 4% or $58,734 at 6%.
Scherer Corrugating & Machine Inc. 401(K) Profit Sharing Plan-71$3,154,188$500,417$7,048iApproximate average salary by contribution assumption: employee only about $176,203 at 4% or $117,469 at 6%; with 50% employer match about $117,469 at 4% or $78,313 at 6%; with 100% employer match about $88,102 at 4% or $58,734 at 6%.
2021167$3,316,856$590,838$8,818iApproximate average salary by contribution assumption: employee only about $220,462 at 4% or $146,975 at 6%; with 50% employer match about $146,975 at 4% or $97,983 at 6%; with 100% employer match about $110,231 at 4% or $73,487 at 6%.
Scherer Corrugating & Machine Inc. 401(K) Profit Sharing Plan-67$3,316,856$590,838$8,818iApproximate average salary by contribution assumption: employee only about $220,462 at 4% or $146,975 at 6%; with 50% employer match about $146,975 at 4% or $97,983 at 6%; with 100% employer match about $110,231 at 4% or $73,487 at 6%.
2020158$2,417,153$553,871$9,550iApproximate average salary by contribution assumption: employee only about $238,738 at 4% or $159,158 at 6%; with 50% employer match about $159,158 at 4% or $106,106 at 6%; with 100% employer match about $119,369 at 4% or $79,579 at 6%.
Scherer Corrugating & Machine Inc. 401(K) Profit Sharing Plan-58$2,417,153$553,871$9,550iApproximate average salary by contribution assumption: employee only about $238,738 at 4% or $159,158 at 6%; with 50% employer match about $159,158 at 4% or $106,106 at 6%; with 100% employer match about $119,369 at 4% or $79,579 at 6%.
2019153$1,594,847$373,437$7,046iApproximate average salary by contribution assumption: employee only about $176,150 at 4% or $117,433 at 6%; with 50% employer match about $117,433 at 4% or $78,289 at 6%; with 100% employer match about $88,075 at 4% or $58,717 at 6%.
Scherer Corrugating & Machine Inc. 401(K) Profit Sharing Plan-53$1,594,847$373,437$7,046iApproximate average salary by contribution assumption: employee only about $176,150 at 4% or $117,433 at 6%; with 50% employer match about $117,433 at 4% or $78,289 at 6%; with 100% employer match about $88,075 at 4% or $58,717 at 6%.
2018140$1,068,483$304,847$7,621iApproximate average salary by contribution assumption: employee only about $190,529 at 4% or $127,020 at 6%; with 50% employer match about $127,020 at 4% or $84,680 at 6%; with 100% employer match about $95,265 at 4% or $63,510 at 6%.
Scherer Corrugating & Machine Inc. 401(K) Profit Sharing Plan-40$1,068,483$304,847$7,621iApproximate average salary by contribution assumption: employee only about $190,529 at 4% or $127,020 at 6%; with 50% employer match about $127,020 at 4% or $84,680 at 6%; with 100% employer match about $95,265 at 4% or $63,510 at 6%.
2017134$905,005$226,811$6,671iApproximate average salary by contribution assumption: employee only about $166,773 at 4% or $111,182 at 6%; with 50% employer match about $111,182 at 4% or $74,121 at 6%; with 100% employer match about $83,386 at 4% or $55,591 at 6%.
Scherer Corrugating & Machine Inc. 401(K) Profit Sharing Plan-34$905,005$226,811$6,671iApproximate average salary by contribution assumption: employee only about $166,773 at 4% or $111,182 at 6%; with 50% employer match about $111,182 at 4% or $74,121 at 6%; with 100% employer match about $83,386 at 4% or $55,591 at 6%.
2016128$565,491$179,710$6,418iApproximate average salary by contribution assumption: employee only about $160,455 at 4% or $106,970 at 6%; with 50% employer match about $106,970 at 4% or $71,313 at 6%; with 100% employer match about $80,228 at 4% or $53,485 at 6%.
Scherer Corrugating & Machine Inc. 401(K) Profit Sharing Plan-28$565,491$179,710$6,418iApproximate average salary by contribution assumption: employee only about $160,455 at 4% or $106,970 at 6%; with 50% employer match about $106,970 at 4% or $71,313 at 6%; with 100% employer match about $80,228 at 4% or $53,485 at 6%.
2015134$390,935$217,708$6,403iApproximate average salary by contribution assumption: employee only about $160,079 at 4% or $106,720 at 6%; with 50% employer match about $106,720 at 4% or $71,146 at 6%; with 100% employer match about $80,040 at 4% or $53,360 at 6%.
Scherer Corrugating & Machine Inc. 401(K) Profit Sharing Plan-34$390,935$217,708$6,403iApproximate average salary by contribution assumption: employee only about $160,079 at 4% or $106,720 at 6%; with 50% employer match about $106,720 at 4% or $71,146 at 6%; with 100% employer match about $80,040 at 4% or $53,360 at 6%.
2014131$187,703$188,363$6,076iApproximate average salary by contribution assumption: employee only about $151,906 at 4% or $101,270 at 6%; with 50% employer match about $101,270 at 4% or $67,514 at 6%; with 100% employer match about $75,953 at 4% or $50,635 at 6%.
Scherer Corrugating & Machine Inc. 401(K) Profit Sharing Plan-31$187,703$188,363$6,076iApproximate average salary by contribution assumption: employee only about $151,906 at 4% or $101,270 at 6%; with 50% employer match about $101,270 at 4% or $67,514 at 6%; with 100% employer match about $75,953 at 4% or $50,635 at 6%.
Scherer Corrugating & Machine Inc. | EIN 46-0434058 | 2024 Form 5500 Company Profile